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November 3, 2023by NetraMedia

Yahoo Advertising Launches New Suite of Premium Ad Formats Edge-2-Edge

New premium ad formats called Edge-2-Edge were introduced by Yahoo Advertising with the goal of giving advertisers the best possible exposure and interaction on Yahoo properties. It offers a smooth viewing experience on all device types and can fill any screen from edge to edge. Advertisers can use the tools provided by the collection to successfully engage their target audiences. Rolling out across Yahoo properties, Edge-2-Edge offers advertisers high-impact ad products and consumers best-in-class content.

Key features

The key features of Edge-2-Edge include

Improved Scale and Inventory: Edge-2-Edge gives advertisers access to premium ad formats on desktop, tablet, and mobile devices, with both above- and below-the-fold placements available throughout the Yahoo ecosystem.
Comprehensive Features and Customization: Edge-2-Edge provides an extensive feature set and allows for complete canvas customization to match advertisers’ distinct branding and messaging.
Flexible Purchasing Options: Advertisers can select the buying strategy that best fits their needs by purchasing Edge-2-Edge as a takeover, rotational, or programmatic guaranteed.
Targeting abilities: Edge-2-Edge has strong audience targeting abilities that increase advertising efficiency and cut down on wasted impressions.
Diverse Premium Formats: Edge-2-Edge provides a wide range of ad formats, allowing for a larger canvas that covers the width of any page and the ability for ads to adjust, maintaining edge-to-edge formatting as screens or browsers are resized. This addresses the need for unique premium ad formats.

Edge-2-Edge: Premium Ad Format Offerings

Edge-2-Edge is going to replace Moments and Stage. It is a comprehensive ad collection that gives advertisers more premium placements across properties. Additionally, it gives them more flexible buying options, and improved custom features than Stage, which was a single product. Furthermore, Edge-2-Edge will expand throughout the whole Yahoo ecosystem, from Yahoo Sports, Yahoo Finance, and Yahoo News to Yahoo Entertainment, AOL, and Engadget, offering a wider reach than Stage, which was limited to just three homepages. In addition, Edge-2-Edge performs exceptionally well in accurate targeting, overcoming Stage’s targeting limitations.

Here’s what they said

Elizabeth Herbst-Brady, Chief Revenue Officer at Yahoo said,

The introduction of Edge-2-Edge underscores our commitment to delivering modern advertising solutions. We believe in empowering advertisers and are excited to continue offering a variety of tools and opportunities to create impactful and engaging ad experiences across the Yahoo ecosystem.

Jeff Larson, Senior Vice President of Marketing at Princess Cruises added,

Edge-2-Edge opens up new possibilities for our ad campaigns, giving us the freedom to craft our advertising strategy just the way we want. Connecting with our audience through smart targeting and standout ad placements is vital for reaching our marketing goals. With Yahoo’s cutting-edge ad tools, they remain a valuable partner, helping us create a more impactful and meaningful connection with our audience, resulting in a notable spike in website traffic when we put these formats to work on Yahoo Sports this past summer.

November 1, 2023by NetraBlog

Cricket’s Advertising Blitz: Boundaries Beyond the Game!

The holiday season is almost approaching. The ICC World Cup, which is going on at the moment, making this year’s displays exceptionally dazzling. After this, all eyes are on the advertising industry.

Upcoming events in the world of Sports and Cricket

Marketers are eager to leverage the cricket’s immense popularity, leading to increased competition on digital advertising platforms. Recent developments, including free streaming, innovative ad formats, and precise targeting options, have raised the bar for brand advertising during the tournaments, leaving many curious about the creative campaigns to come.

The Indian sports events market and the Cricket World Cup

Image credit- The Media Ant

The Indian Sports Events Market is anticipated to expand quickly. It is anticipated to have nearly doubled from 2021 to US $1 billion in 2023. Additionally, the market saw a 10% increase in sales in 2023, and a 4.04% CAGR is predicted through 2027. Cricket, a game that Indians love, dominates this sector. The Cricket World Cup is slated to present an unmissable opportunity for advertisers, providing front-and-center exposure to a sizable, engaged, and intensely devoted audience that exhibits a willingness to make purchases.

Cricket and Sports Marketing in India

India’s sports marketing has experienced a spectacular metamorphosis as a result of cricket’s enormous popularity. The most popular sport in the country, cricket, has significantly shaped the sports marketing scene.

The Advent of Digital Media in Sports Marketing

Digital media and streaming services have expanded sports marketing’s reach and engagement opportunities, enticing brands to invest in this lucrative field. Businesses are exploring endorsement deals, sponsorships, and innovative marketing tactics to tap into the passionate sports fanbase. Social media, streaming platforms, and fantasy sports apps offer targeted marketing options, enabling brands to reach specific demographics and boost visibility in the sports arena.

Brands can reach the appropriate audiences, at the right time, and in the right environment using programmatic advertising. Brand recall and brand visibility are two advertising KPIs that marketers can more easily attain than through more conventional media like TV and radio

Image credit- Disney+ Hotstar

Rise of Digital Advertising in Sports

As India’s digitization progresses, Indians are increasingly turning to digital channels for watching the game, such as connected TV, cricket portals, and streaming platforms. As a result, marketers have been able to connect with millions of cricket fans online via various channels, giving them access to new digital advertising opportunities. It is fantastic for advertising, but there is a problem. These digital platforms attract a variety of demographics. They may not be relevant to the target market.

Image credit- Comscore

The Power of Cricket

For Indian TV viewers, cricket is no less than a daily soap opera. It is complete with drama, predictable results, humorous anecdotes, and even some heartbreaking scenes. How can the advertising industry avoid becoming involved when one sports genre has more viewers than the majority of other sports combined? The ad firms see more and more opportunities to be linked with the game as it develops, whether it is putting the brand’s logo on a player’s bat or creating a full-fledged commercial centered on cricket.

Image credit- Statista

Why Scoring Big on Your Branding During Cricket Matches is a Game Changer

Let’s take a brief look at how advertisers profit from running ads during the busiest time of the cricket season and in between games.

Brand Awareness: Live streaming contributes to the expansion of the audience and the brand’s personality. Streaming sporting events aids in attracting a sizable audience.
Interact with the brand: By using live streaming, brands may create a lasting connection with their audience. It encourages an authentic relationship that viewers can reach from their homes or anyplace else.
Emotional connection: During any cricket match, people’s passion and emotions are at their peak. It has a significant and enduring psychological effect on the audience.
Massive Viewership: Advertising during a cricket match provides a huge viewership pool, providing firms unrestricted ad mileage.
ROI without interruptions: Cricket commercials give advertisers a way to support their companies’ ongoing ROI.
Engagement: Advertising during live cricket matches provides outstanding engagement with related material, including highlights from pre- and post-live shows.

Image credit- The Media Ant

The Money Game

Making campaigns, especially for a competition, and focusing more of their promotion on the game while putting their products on hold is truly a major risk that firms take. Do they succeed, though? Brands truly began investing in cricket during the 1996 World Cup. The International Cricket Council (ICC) received 900 crores (9 billion) in advertising revenue. Additionally, during the 2011 World Cup, it grew to nearly 15 billion. The BCCI started charging 2 crores every match for title sponsorship, which has since increased to 3.8 crores per match due to the massive amount of money coming in from ads. Imagine that the BCCI will charge INR 11.4 Cr for a tri-series (3 matches), only from title sponsors, plus other sponsorships for television, goods, drinks, and more.

IPL- The advertising haven

With millions of supporters, cricket occupies a special place in Indian sports culture. The Indian Premier League (IPL) has transformed cricket and sports marketing in India. The fast-paced and exciting format enthralled the Indian audience. Since then, it has developed into a marketing phenomenon that has drawn significant investment from powerful corporations and advertisers.

According to statistics, the IPL 2022 produced over

USD 520 million in advertising revenue.
Over 300 million people watched the games.

In contrast, IPL 2023 received

1.47 billion video views on its first weekend.
32 million people watched the last match live on Jio Cinema.
More than 550 million spectators.
61% of IPL watchers used smartphones.

Image credit- Storyboard18

Image credit- AdGully

Image credit- MediaBrief

Making advertising more effective with hand-selected audiences and measurable results

There are two different types of brands when it comes to cricket advertising-

Includes people who think that brands are based on cricket.
Those who believe the price is too high.

Cricket advertising provides a chance for brand recall as well as a way to assess the immediate effects on enterprises. Technology and cricket have been combined to provide data-driven insights that enable marketers to assess the immediate effects of their advertising initiatives. Advertisers can determine whether cricket has a real impact on a brand’s financial line by examining website traffic, concurrency, and conversions during certain cricket tournaments. Cricket serves as a catalyst for company success as well as a platform for brand building.

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