Engaging High-Value B2B Buyers with Programmatic Contextual Advertising
Marketing spend in digital spaces has doubled since 2018. Today’s B2B buyers are spending only 17% of their total purchase journey with sales representatives, and 41% read at least three pieces of relevant content before initiating contact. That’s a dramatic turn. Just a few short years ago, most B2B marketing centered around direct mailing, cold calls, and quoting RIO statistics. In response, B2B marketers have shifted their collective focus.
Today’s marketing is consumer-centric and personalized. The most successful strategies focus on meeting consumer needs and building long-term relationships. B2B marketers are achieving this goal, at least in part, by featuring their ads alongside engaging, high-value content.
If your current efforts are landing just shy of the mark, consider modernizing your B2B approach by adding contextual advertising to your digital toolbox. This rapidly growing sector of ad technology is helping numerous businesses connect with notoriously hard-to-reach professionals.
Why Contextual Advertising Is an Essential Component of Modern B2B Marketing
The first banner ad, published in the mid-1990s, had a 44% click-through rate (CTR). Today’s B2B consumers are far less enthusiastic. Today’s banner ad click-through rates average 0.5%, and only four of every 100 ads get more than a single second of attention on any given day.
With the imminent demise of the anonymized “cookie trail” snippets marketers have relied on for decades to target consumers based on internet behavior, today’s B2B marketers are capturing the attention of hyper-specific audiences with engaging, contextually relevant content delivered to the right person, in the right place, at the right time.
Contextually relevant ad buys don’t rely on cookies. Instead, they introduce online audiences to products and services based on the content offered by media publishers and the interests of the audience. Ads targeting consumers based on who they are and what they need in the moment are far less likely to be ignored. Savvy B2B marketers investing in consumer-centric contextual marketing take full advantage of every opportunity to personalize the user experience, direct consumers to relevant client content, and build brand loyalty.
Beyond online advertising, marketers who recognize the value of connecting with B2B buyers when they’re most available are rising above the crowded space and partnering with content providers that offer a network of digital screens in areas where high-value audiences live and work.
How Digital Screens Bring Targeted Ads to Out-of-Home Audiences
Programmatic digital out-of-home (DOOH) screens display ads targeted to the interests of the people most likely to be in the immediate vicinity at any given time. With the right provider, your B2B ads are placed alongside the type of expertly curated content busy professionals value, including contextually relevant business news, stock market updates, tech reports, and Harvard Business Review.
It’s an arrangement that allows ad agencies to capture the attention of hard-to-reach professionals in premium locations like office buildings and upscale residential communities. As a result, their clients’ brands reach the right audience as they make their way to & from the office or co-working space, travel between floors, or work from home.
Not only can agencies know where ads are placed at a glance, but this highly targeted approach also gives ad agencies the tools they need to monitor ad performance, fine-tune targeting parameters, and calculate the return on a brand’s investment so they can double down or pivot as needed. With its unique capacity to merge online and offline engagement, industry experts expect the value of the DOOH market to reach nearly $59 billion by 2031. That’s a CAGR of more than 11%.
What Should B2B Marketers Look for When Selecting a DOOH Partner?
With the demand for digital-of-home advertising rapidly increasing, you’re sure to find numerous companies offering ad space on digital screens. But the value of their services can vary. When browsing your options, it’s just as important to consider screen location as the network size. Capturing the attention of high-value buyers requires enlisting the services of a programmatic advertising DOOH partner offering a vast network of screens in premium locations. It’s the best way to ensure your ads are displayed where and when influential audiences are most likely to be receptive to your client’s message. Once you’ve narrowed your options to providers that meet this requirement, consider how the following criteria could impact your overall experience.
Before offering DOOH services to your clients, ensuring the partner you select maintains a brand-safe environment is important. Poorly managed placement can have catastrophic repercussions and long-lingering effects. You don’t want your B2B ads associated with anything that could be considered factually questionable, inflammatory, or inappropriate. Confirm that the network provider offers content from well-known, reputable, controversy-free sources.
Performance Tracking Capabilities
The right DOOH media provider will have advanced targeting software to determine which locations will provide the best exposure for the clients you represent. Look for a company that offers dynamic planning tools, multiple resources to measure the performance of each campaign and programmatic tools you can access from the DSP of your choice so your ability to engage decision-makers in prime DOOH locations delivers maximum results.
Contextually Relevant Placement
When you purchase ad space from a DOOH network partner, you’ll specify the budget for the ads that appear on a screen. Your media publisher places your clients’ ads alongside trusted content in a contextually relevant environment. It’s those ads, displayed alongside content that appeals to business professionals in contextually relevant environments like the office (where business purchase decisions are made), that decision-makers remember.
Could Modernizing Your Strategy Help Your B2B Clients Connect with Hard-to-Reach Professionals?
Programmatic B2B advertising utilizes machine learning, artificial intelligence, and automation to enhance brand visibility with contextually relevant ad placement. Targeted placement decisions are based on hyper-specific data and complex algorithms that determine when and where your clients’ ads should be displayed.
To modernize and optimize your marketing efforts with hyper-targeted ad placement in premium locations, visit Captivate to learn more about our expansive network of digital screens and expertly curated content.
At Captivate, we have over 14,000 screens in 2,600 high-value office and luxury residential properties across North America. That translates to 2.2 billion monthly impressions. For unrivaled access to high-value professional audiences where they work and live, submit a contact form to schedule a consultation.
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