Advertising is a critical component of any successful business’s marketing strategy. Effective advertising helps build brand awareness, reach new audiences, boost sales, and communicate key messages about products or services. However, managing advertising campaigns can be complex and time-consuming without the right tools and systems in place. Adopting the right digital advertising tools can save considerable time and effort while also providing valuable data insights that lead to better campaign optimisation.
This article will explore the challenges and benefits of advertising management, and top platforms and providers.
Challenges of Traditional Advertising Management
Managing advertising campaigns has historically involved many manuals, time-consuming processes. Marketers would have to juggle multiple spreadsheets, documents, emails, and systems just to launch and monitor a campaign. Some of the key challenges include:
- Fragmented Systems: Important campaign data lives in disparate systems like creative asset management platforms, ad servers, analytics systems, etc. This makes reporting and optimisation difficult.
- Lack of Visibility: With so many moving parts, it’s hard to get a unified view of campaign performance and make data-driven decisions. There’s often a lack of transparency in budgets, pacing, and results.
- Manual Processes: Trafficking ads, making revisions, updating targeting, reporting – nearly everything requires manual work spread across teams. This leads to inefficiency, errors, and delays.
- Difficult Collaboration: Emails, spreadsheets, and meetings eat up time. Stakeholders don’t have shared visibility into campaign status. Approvals are slow and bottlenecks are common.
- Data Disconnects: Disjointed workflows lead to data discrepancies and inaccuracies in reporting. Analytics data doesn’t integrate seamlessly with campaign data.
The fragmented, opaque, manual processes of traditional advertising management lead to campaign delays, wasted spending, and missed optimisation opportunities. There’s an imperative need for more streamlined, automated solutions.
Benefits of Digital Advertising Management Tools
Digital advertising management tools offer numerous benefits compared to traditional manual processes. Some key advantages include:
- Automation
Digital platforms automate many tedious and time-consuming tasks that previously had to be done manually. This includes ad creation, trafficking, reporting, and more. Automation frees up employees’ time so they can focus on higher-value strategic work. It also minimises human errors that can occur with manual work.
- Efficiency
Streamlined workflows and automation translate into much greater efficiency in the advertising process. Tasks get completed faster and fewer resources are required compared to manual approaches. This efficiency enables organisations to manage more advertising campaigns and spend with the same team.
- Data-driven Optimisation
Sophisticated reporting and analytics capabilities help inform data-driven optimisation of campaigns. Tools provide real-time performance insights and can integrate with business intelligence platforms. This allows for optimisation based on hard data vs guesses. Teams can continually improve performance by tweaking targeting, messaging, placements, and more.
Top Tools and Platforms
Advertising management has been revolutionised by digital tools that streamline workflows and provide data-driven insights. Here are some of the top platform’s businesses should consider modernising their ad management:
Google Ads
Google Ads is the advertising platform provided by Google to manage ads on Google Search, YouTube, Gmail, and across their network. It provides robust targeting capabilities based on demographics, interests, and remarketing. Google Ads makes it easy to set up and optimise pay-per-click and display ad campaigns with intuitive workflows. The platform provides real-time reporting on ad performance and spending.
Adobe Advertising Cloud
Adobe Advertising Cloud is an end-to-end platform that manages advertising across search, social, display, TV, and more. It centralises campaign management, ad trafficking, creative optimisation, cross-channel reporting, and attribution modelling. Adobe Advertising Cloud leverages Adobe’s data management capabilities for audience segmentation and targeting. The self-serve dashboards provide transparency into ad performance.
Kenshoo
Kenshoo is a robust search, social, and e-commerce advertising platform for large brands. It focuses on AI-driven campaign automation and optimisation. Kenshoo provides predictive analytics to identify trends and maximise ROI. The visual workflow builder simplifies cross-channel campaign creation. It also offers advanced ad creative testing capabilities.
Tips for Implementation and Adoption
The successful implementation of a new digital advertising management platform requires proper training, change management, and starting with a pilot program. Here are some tips:
Training
- Provide comprehensive training to all users, even experienced staff. Don’t assume knowledge.
- Cover platform features, workflows, reporting, and day-to-day processes.
- Have ongoing training opportunities and refreshers.
Change Management
- Get executive buy-in and have leaders communicate the value of the change.
- Involve stakeholders early and listen to feedback and concerns.
- Highlight benefits like productivity gains and performance optimisation.
- Celebrate wins and milestones throughout the transition period.
Start with a Pilot Program
- Run a pilot with a small group to work out issues before a wider rollout.
- Pilot with a business unit or region that is open to change and innovation.
- Gather feedback during the pilot and refine processes.
- Use the pilot’s success to build excitement and adoption.
Careful attention to training, change management, and piloting will ensure a smooth and successful implementation. The benefits of digital advertising tools are only realised when platforms are embraced and adopted across the organisation.
Conclusion
As we’ve explored, traditional advertising management can be rife with inefficiencies and wasted spending. Migrating to digital tools and platforms offers numerous benefits for modern marketers and advertisers. By centralising data, enabling collaboration, providing transparency into performance, and automating tedious tasks, these solutions streamline the entire management process.
With the right platforms in place, advertisers gain the agility, efficiency, and performance needed to thrive. As digital transformation continues across marketing organisations, purpose-built advertising management systems will only increase in importance and value. Those who embrace these tools now will gain a competitive edge.