Change drives how the world works. It is the currency of progress, defeat, success, and disaster. It is the purpose behind every great story ever told and the engine of evolution. And yet, for all its importance, change is something that we often resist. The future is an unknown quantity. In fact, we often guess wrong about what it holds.“Futuristic ads,” for example, have a long history of failing to accurately depict the future of ad writing. Since the early 16th century, advertising has been the driving force behind the way we live and think. It shapes our desires and tells us what we should strive to acquire. We see it everywhere, yet we seldom stop to think about what futuristic ads will look like. If you’re thinking about the Jetsons, unfortunately, you are wrong. The digital age has only made advertising more intrusive and more pervasive. We are bombarded with ads on a daily basis, to the point where we no longer even notice them. And yet, advertisers continue to work tirelessly to come up with new and creative ways to stand out. Gone are the days when a simple ad in the newspaper was enough to sell a product. For ad writers, the game is changing. The modern consumer is too savvy and media-literate. No longer can they rely on the same old tricks to get our attention. So what does the future of advertising really look like?One thing is for sure: the game has changed, and it's only going to get more challenging from here.
Buddhist Concept of Impermanence
Impermanence is one of the essential doctrines and fundamental ideas of Buddhism. The doctrine of impermanence teaches us that nothing in this world is permanent or fixed. Everything is always in a state of change, including our bodies, minds, and the environment around us. Our minds, however, tend to seek out permanent existence because it feels more stable and secure. This creates a sense of unease and anxiety because we are constantly reminded that everything is temporary. The doctrine of impermanence can help us to let go of this attachment and live in the present moment. When we accept that nothing is permanent, we can start to move through life with more ease and flexibility. We can also be more open to change and less attached to our possessions, achievements, and skills. In our consumer-driven society, advertising has traditionally created a sense of dissatisfaction with what we have to sell more. This advertising technique, however, has shifted in recent years. At Wizard of Ads™, we've long recognized the importance of impermanence in human behavior and its power to create opportunities. Driven by our understanding of this fundamental truth, our Wizards implement marketing strategies designed to turn impermanence into an advantage. If you're looking to create more agile and adaptable ads, book a call with Ryan Chute of Wizard of Ads™ today.
Paradigm Shift is Coming
After nearly 15 years of low-interest rates and cheap corporate debt, the global market is undergoing a fundamental shift. Inflation and recession fears are on the rise, and central banks are starting to tighten monetary policy. This has led to increased volatility in financial markets and a new era of uncertainty for businesses. In such an environment, it is more important than ever for businesses to be agile and adaptable. Traditional advertising strategies are no longer effective, and companies must find new ways to reach their target audiences. Change is not always positive, but it is always inevitable. The businesses that survive and thrive in the new economy will be those that can adapt to change and embrace it. Ad writers, however, will have to work harder than ever to produce effective advertising in an environment of change.
3 Reasons Why Successful Advertising is a Game of Masters in the Future
Advertising today is a lot different than it was just a decade ago. The internet-driven revolution has left companies with an ever-changing learning curve. As we move into the future, advertising will only become more complex. From economic changes to cultural shifts, futuristic ads won't look how we expect. No longer will a mediocre ad be enough to succeed. Here are three reasons why advertising will be a game of masters in the future:
1. New technologies are making it harder for local advertisers to reach people
The growing number of technologies creates a challenge for local advertisers to reach potential customers. The problem arises because ad blockers and the increased use of mobile devices make it difficult to deliver untargeted ads. Normally, this wouldn't be a problem. However, the previously low cost of repetition is no longer an option digitally. In fact, advertising on digital platforms is more expensive than ever. Alongside intentional branding, relevance, and impact, ad writers must also consider how to make a lasting impression with little repetition. Consequently, ad writers need to be more strategic in their approach to reach potential customers effectively. Frequency alone is not enough to sustain mediocre ad messages. In the new world of advertising, quality messaging is critical.
2. The number of people reached by your advertising will decline, and the cost of that advertising is rising
Due to the ongoing economic situation, many companies feel forced to cut advertising budgets. At the same time, the cost of digital advertising has risen sharply. Consequently, the number of people reached by advertising will decline. This is especially true for businesses that rely heavily on digital advertising. To stay competitive, ad writers must thoughtfully construct each ad to ensure it's as effective as possible. Other considerations, such as the channel, target audience, and offer, should be considered to create successful ad campaigns. Businesses that fail to appeal to the modern consumer will find themselves at a disadvantage and ultimately suffer the consequences.
3. Customers have become immune to the traditional language of advertising
Despite its recurrent use, the doctrine of impermanence applies not only to physical objects but to ad strategies as well. In a rapidly developing world, what was effective yesterday may not work today. Advertisers who don't change with the times risk being left behind. With the advent of digital media, businesses have far fewer opportunities to reach their target audiences than ever before. They are competing for attention against an ever-growing number of other businesses online, abandoning mass media channels that continue to deliver more listeners by multiples. In order to be successful, advertisers must adapt their strategies to the ever-changing landscape. Only by embracing impermanence can businesses hope to stay relevant in a consistently dynamic world. In fact, just like businesses, ad writers will either rise or fall based on their ability to adapt to change. The new paradigm shift from traditional advertising to digital media has been confusing for businesses and consumers alike. Digital media, however, must be approached with a different mindset in order to be effective. Advertisers who don't understand this new landscape will find themselves and their messages lost in the shuffle. In other words, advertising requires more than writing a few clever headlines and placing them where people will see them. Modern day ads demand a deep understanding of how humans interact with technology, economic trends, and social media. Only by constantly evolving and adapting to these changes will advertisers remain ahead of the curve and deliver effective campaigns. At Wizard of Ads™, we've been at the forefront of the ever-changing advertising landscape and can help navigate it. Our team of experts has years of experience in delivering successful, timeless campaigns that get results. Alongside our digital marketing strategies, we offer a comprehensive suite of advertising services to reach your target audience effectively both online and offline. The game has changed. We're ready to play. Are you?To learn more about how we can help you stay ahead of the ever-changing curve, book a call with Ryan Chute of Wizard of Ads™ today.