The Creation of Dynamic Visual Objects as a Factor for Optimizing Advertisements in E-Commerce
Abstract
Introduction: The Covid-19 pandemic has boosted the development of online retail and has created an urgent need to transform digital marketing tools. The purpose of the study is to find ways to optimize advertising in Google and Facebook, which are the superior digital advertising platforms as their top digital advertising platforms in terms of both usage and performance.
Methods: An experiment conducted as part of the study showed that the use of the dynamic optimization tool allows you to enrich existing feed data with additional 1st and 3rd party data and automatically compile visuals with additional information obtained from the feed and additional graphical overlays. The proposed method was tested on Facebook and Google with an analysis of click through rate, conversion rate and conversion cost indicators.
Findings: The research results showed that the use of the dynamic optimization tool improves the effectiveness of online advertising, all the studied indicators has improved on both platforms. The results obtained complement to the few literature sources devoted to creating enriched feeds on various internet companies, so the work is of significant interest for marketers and business owners who work in the field of e-commerce.
Originality: It has been established that in order to increase the conversion rates of ad campaigns and improve the quality of communication with the audience, a deeper study of the behavioral characteristics of visitors of internet resources, as well as high-quality visual content of the ads, are required.
Keywords
Full Text:
PDFReferences
Abou-Elgheit, E. (2018). Understanding Egypt’s emerging social shoppers. Middle East Journal of Management, 5(3), 207–270. https://doi.org/https://doi.org/10.1504/MEJM.2018. 093611
Abtahi, M. S., Behboudi, L., & Hasanabad, H. M. (2017). Factors Affecting Internet Advertising Adoption in Ad Agencies. International Journal of Innovation in the Digital Economy (IJIDE), 8(4), 18–29. https://doi.org/https://doi.org/10.4018/IJIDE.2017100102
Adler, M., Gibbons, P. B., & Matias, Y. (2002). Scheduling space‐sharing for internet advertising. Journal of Scheduling, 5(2), 103–119. https://doi.org/https://doi.org/10.1002/jos.74
Aksu, H., Babun, L., Conti, M., Tolomei, G., & Uluagac, A. S. (2018). Advertising in the IoT era: Vision and challenges. IEEE Communications Magazine, 56(11), 138–144. https://doi.org/https://doi.org/10.1109/mcom.2017.1700871
Alam, M. D. S.-A., Wang, D., & Waheed, A. (2019). Impact of digital marketing on consumers’ impulsive online buying tendencies with intervening effect of gender and education: B2C emerging promotional tools. International Journal of Enterprise Information Systems (IJEIS), 15(3), 44–59. https://doi.org/https://doi.org/10.4018/IJEIS. 2019070103
Azeem, A., & Haq, Z. (2012). Perception towards internet advertising: A study with reference to three different demographic groups. Global Business and Management Research: An International Journal, 4(1), 28–45. https://doi.org/http://www.gbmrjournal.com/ pdf/Azeem%20and%20Haq,%202012.pdf
Bakshi, G., & Gupta, S. . (2013). Online advertising and its impact on consumer buying behavior. International Journal of Research in Finance and Marketing, 3(1), 21–30. https://doi.org/https://euroasiapub.org/wp-content/uploads/2016/09/3-204.pdf
Bonetti, F., Montecchi, M., Plangger, K., & Schau, H. J. (2022). Practice co-evolution: Collaboratively embedding artificial intelligence in retail practices. Journal of the Academy of Marketing Science, 1–22. https://doi.org/https://doi.org/10.1007/s11747-022-00896-1
Boone, G., Secci, J., & Gallant, L. (2015). Emerging Trends in Online Marketing. ICTACT Journal on Management Studies, 01(01), 34–38. https://doi.org/10.21917/ijms.2015.0006
Breuer, R., & Brettel, M. (2012). Short-and long-term effects of online advertising: Differences between new and existing customers. Journal of Interactive Marketing, 26(3), 155–166. https://doi.org/https://doi.org/10.1016/j.intmar.2011.12.001
Ching, R. K. H., Tong, P., Chen, J., & Chen, H. (2013). Narrative online advertising: identification and its effects on attitude toward a product. Internet Research, 23(4), 414–438. https://doi.org/https://doi.org/10.1108/IntR-04-2012-0077
Dall’Olio, F., & Vakratsas, D. (2023). The impact of advertising creative strategy on advertising elasticity. Journal of Marketing, 87(1), 26–44. https://doi.org/https://doi.org/10.1177/00222429221074960
Davenport, T., Guha, A., Grewal, D., & Bressgott, T. (2020). How artificial intelligence will change the future of marketing. Journal of the Academy of Marketing Science, 48, 24–42. https://doi.org/. https://doi.org/10.1007/s11747-019-00696-0
De Haan, E., Wiesel, T., & Pauwels, K. (2016). The effectiveness of different forms of online advertising for purchase conversion in a multiple-channel attribution framework. International Journal of Research in Marketing, 33(3), 491–507.
Deshwal, P. (2016). Online advertising and its impact on consumer behavior. International Journal of Applied Research, 2(2), 200–204. https://doi.org/https://www.allresearchjournal.com/archives/2016/vol2issue2/PartD/2-1-131.pdf
DiResta, E. A., Williford, K. T., Cohen, A. D., & Genn, A. B. (2020). The impact of COVID-19 on your advertising and marketing campaigns. Holland & Knight Alert. https://doi.org/https://www.hklaw.com/en/insights/publications/2020/04/the-impact-of-covid19-on-your-advertising-and-marketing-campaigns
Dwivedi, Y. K., Ismagilova, E., Hughes, D. L., Carlson, J., Filieri, R., Jacobson, J., Jain, V., Karjaluoto, H., Kefi, H., & Krishen, A. S. (2021). Setting the future of digital and social media marketing research: Perspectives and research propositions. International Journal of Information Management, 59, 102168.
eMarketer. (2022a). Digital Ad Spending Worldwide 2017-2022. https://www.insiderintelligence.com/chart/217161/digital-ad-spending-worldwide-2017-2022-billions-change-of-total-media-ad-spending
eMarketer. (2022b). Worldwide ad spending 2021: A year for the record books. https://www.insiderintelligence.com/content/worldwide-ad-spending-2021-year-record-books
Firat, D. (2019). YouTube advertising value and its effects on purchase intention. Journal of Global Business Insights, 4(2), 141–155. https://doi.org/. https://www.doi.org/10.5038/2640-6489.4.2. 1097
Gaber, H. R., Wright, L. T., & Kooli, K. (2019). Consumer attitudes towards Instagram advertisements in Egypt: The role of the perceived advertising value and personalization. Cogent Business & Management, 6(1), 1618431.
GlobalLogic. (2021). During the year of quarantine, the number of Ukrainian users in social networks increased by 7 million and reached 60% of the country’s population. https://www.globallogic.com/ua/ about/news/social-media-during-quarantine/
Goldfarb, A., & Tucker, C. (2011). Online Display Advertising: Targeting and Obtrusiveness. Marketing Science, 30(3), 389–404. http://www.jstor.org/stable/23012474
Gountas, J., Gountas, S., Ciorciari, J., & Sharma, P. (2019). Looking beyond traditional measures of advertising impact: Using neuroscientific methods to evaluate social marketing messages. Journal of Business Research, 105, 121–135. https://doi.org/https://doi.org/10.1016/j.jbusres.2019.07.011
Grewal, D., Gauri, D. K., Roggeveen, A. L., & Sethuraman, R. (2021). Strategizing Retailing in the New Technology Era. Journal of Retailing, 97(1), 6–12. https://doi.org/https://doi.org/10.1016/j.jretai.2021.02.004
Ha, L. (2008). Online advertising research in advertising journals: A review. Journal of Current Issues & Research in Advertising, 30(1), 31–48.
Hoban, P. R., & Bucklin, R. E. (2015). Effects of internet display advertising in the purchase funnel: Model-based insights from a randomized field experiment. Journal of Marketing Research, 52(3), 375–393. https://doi.org/https://doi.org/10.1509/jmr.13.0277
Hossain, T. M. T., Akter, S., Kattiyapornpong, U., & Dwivedi, Y. (2020). Reconceptualizing integration quality dynamics for omnichannel marketing. Industrial Marketing Management, 87, 225–241. https://doi.org/https://doi.org/10.1016/ j.indmarman.2019.12.006
Hossain, T. M. T., Akter, S., Kattiyapornpong, U., & Dwivedi, Y. K. (2019). Multichannel integration quality: A systematic review and agenda for future research. Journal of Retailing and Consumer Services, 49, 154–163. https://doi.org/https://doi.org/10.1016/j.jretconser.2019.03.019
Huang, B., Juaneda, C., Sénécal, S., & Léger, P.-M. (2021). “Now You See Me”: the attention-grabbing effect of product similarity and proximity in online shopping. Journal of Interactive Marketing, 54, 1–10.
Kim, J., & McMillan, S. J. (2008). Evaluation of Internet Advertising Research: A Bibliometric Analysis of Citations from Key Sources. Journal of Advertising, 37(1), 99–112. https://doi.org/10.2753/JOA0091-3367370108
Kim, N. Y. (2018). The Effect of Ad Customization and Ad Variation on Internet Users’ Perceptions of Forced Multiple Advertising Exposures and Attitudes. Journal of Interactive Advertising, 18(1), 15–27. https://doi.org/10.1080/15252019.2018.1460225
Kindermann, H. (2017). Priming and context effects of banner ads on consumer based brand equity: A pilot study. HCI in Business, Government and Organizations. Supporting Business: 4th International Conference, HCIBGO 2017, Held as Part of HCI International 2017, Vancouver, BC, Canada, July 9-14, 2017, Proceedings, Part II 4, 55–70. https://doi.org/https://doi.org/10.1007/978-3-319-58484-3_5
King, D., Auschaitrakul, S., & Lin, C.-W. J. (2022). Search modality effects: merely changing product search modality alters purchase intentions. Journal of the Academy of Marketing Science, 50(6), 1236–1256. https://doi.org/https://doi.org/10.1007/s11747-021-00820-z
Komodromos, M., Papaioannou, T., & Adamu, M. A. (2018). Influence of online retailers’ social media marketing strategies on students’ perceptions towards e-shopping: a qualitative study. International Journal of Technology Enhanced Learning, 10(3), 218–234.
Lambrecht, A., & Tucker, C. (2013). When does retargeting work? Information specificity in online advertising. Journal of Marketing Research, 50(5), 561–576. https://doi.org/https://doi.org/10.1509/jmr.11.0503
Liu-Thompkins, Y. (2019). A decade of online advertising research: What we learned and what we need to know. Journal of Advertising, 48(1), 1–13.
Manchanda, P., Dubé, J.-P., Goh, K. Y., & Chintagunta, P. K. (2006). The effect of banner advertising on internet purchasing. Journal of Marketing Research, 43(1), 98–108. https://doi.org/https://www.jp-dube.com/research/papers/19625416.pdf
Mishra, S., Ewing, M. T., & Cooper, H. B. (2022). Artificial intelligence focus and firm performance. Journal of the Academy of Marketing Science, 1–22. https://doi.org/https://doi.org/10.1007/s11747-022-00876-5
Narayanan, S., & Kalyanam, K. (2015). Position Effects in Search Advertising and their Moderators: A Regression Discontinuity Approach. Marketing Science, 34(3), 388–407. http://www.jstor.org/stable/24544840
Planet, W. (2022). A/B Test Calculator – Statistical Significance Calculator. Website Planet. https://www.websiteplanet.com/webtools/abtest-calculator/
Plangger, K., Grewal, D., de Ruyter, K., & Tucker, C. (2022). The future of digital technologies in marketing: A conceptual framework and an overview. Journal of the Academy of Marketing Science, 1–10. https://doi.org/. https://doi.org/10.1007/s11747-022-00906-2
Robinson, H., Wysocka, A., & Hand, C. (2007). Internet advertising effectiveness: the effect of design on click-through rates for banner ads. International Journal of Advertising, 26(4), 527–541. https://doi.org/https://doi.org/10.1080/02650487.2007. 11073031
Rutz, O. J., Bucklin, R. E., & Sonnier, G. P. (2012). A latent instrumental variables approach to modeling keyword conversion in paid search advertising. Journal of Marketing Research, 49(3), 306–319. https://doi.org/https://doi.org/10.1509/jmr.10.0354
Santoso, I., Wright, M., Trinh, G., & Avis, M. (2020). Is digital advertising effective under conditions of low attention? Journal of Marketing Management, 36(17–18), 1707–1730. https://doi.org/https://doi.org/10.1080/0267257X.2020.1801801
Schumann, D., & Thorson, E. (2007). Internet Advertising: Theory and Research. Mahwah. NewJersey: Lawrence Erlbaum Associates.
Shukla, P. S., & Nigam, P. V. (2018). E-shopping using mobile apps and the emerging consumer in the digital age of retail hyper personalization: An insight. Pacific Business Review International, 10(10), 131–139.
Song, Y., Wang, H., Zhang, C., & Wang, L. (2020). Impression space model for the evaluation of Internet advertising effectiveness. Concurrency and Computation: Practice and Experience, 32(11), e5678. https://doi.org/https://doi.org/10.1002/cpe.5678
Van Doorn, J., & Hoekstra, J. C. (2013). Customization of online advertising: The role of intrusiveness. Marketing Letters, 24, 339–351. https://doi.org/https://doi.org/10.1007/s11002-012-9222-1
Varnali, K. (2021). Online behavioral advertising: An integrative review. Journal of Marketing Communications, 27(1), 93–114. https://doi.org/https://doi.org/10.1080/13527266. 2019.1630664
Xu, L., Duan, J. A., & Whinston, A. (2014). Path to purchase: A mutually exciting point process model for online advertising and conversion. Management Science, 60(6), 1392–1412. https://doi.org/https://doi.org/10.1287/mnsc.2014.1952
DOI: http://dx.doi.org/10.26623/themessenger.v14i1.4217
Refbacks
- There are currently no refbacks.
Copyright (c) 2022 Jurnal The Messenger
View My Stats [Jurnal The Messenger] is an International Scientific Journal, Published by the Department of Communication, Faculty of Information Technology and Communication, Universitas Semarang (Central Java, Indonesia). It is licensed under a Creative Commons Attribution 4.0 International License.