Owing to the prolific advancement of technology and the steadfast growth of
urbanization, OOH advertising has been growing at a spectacular rate of 11
percent annually over the past five years. OOH can be considered as nothing
less than a game-changer in the coming times due to the outstanding
conversion rates when compared to its other counterparts.
This type of advertisement can reach a major chunk of the audience without being turned
off or ignore. The brand has discovered this pretty well. A recent example of
Apple, in which the brand invested heavily in its campaign “Shot on an iPhone”
displaying iPhone shooted pictures on billboards.
The following trends help us understand the disruption happening in the OOH
and DOOH advertising industry.
Trend 1
Consistent Increase in Digital Outdoor Advertising
According to Warc, digital OOH is expected to grow 10% per year between
2018 and 2021. And the digital share of total OOH spends reached 37% in
2018. Undoubtedly, outdoor advertising is positively impacted by digital
marketing trends.
Trend 2
The Power of Storytelling
With the advancement of technology and outdoor digital advertising, the
concept of storytelling has taken an impactful shape for the brands. Any brand
that has a compelling story to tell will be able to attract more eyes. This trend
has witnessed enormous growth in the past few years and is expected to rise
even more.
Trend 3
OOOH aids other marketing mediums
There are plentiful studies that show the contribution OOH has on the
enhancement of other marketing tools like social media or mobile advertising.
With the help of geofencing, the consumers are targeted from their location-
based data. Due to this tracking, they can view the same ad on their mobile
phones as that on the outdoor billboard.
Trend 4
A shift of Advertising budget to OOH
The brand owners will always choose the advertising medium which can
provide the highest return on their investment. The OOH is proving out to be
an effective method for online conversion, ultimately shifting the attention of
savvy marketers.
Trend 5
The emergence of new digital tools for OOH performance
There was a time when it was almost impossible to measure the conversion
rate or effectiveness of the OOH channel. However, marketers have come up
with new tools and platforms to build smarter, more productive, and
measurable ad campaigns.
Trend 6
Multi-Channel Integration
Apart from mobile integration, there is a higher possibility of several other
mediums of integration like social media and the television. Such a pan-
channel integration will help the brands ensure their image is coherent and
consistent.
Trend 7
Outdoor advertising will become more creative
With more eyes on the attractive outdoor advertisement, the marketers will be
required to be more compelling and artful. They can make better use of big
data inputs like demographic, consumer choices, gender-specific, etc. This will
give a boost to the companies to hire an in-house creative team of marketers.