The Middle East and Africa (MEA) Internet advertising’s market: recommendations, trends, key platforms, actors and outlooks.
The trend is global, but in Middle East and Africa (MEA),
Connectikpeople.co, soon #Retinknow is particularly seduced by the leapfrogging
capabilities of small and medium-sized enterprises (SMEs), when it comes to leverage
low-cost options such as Google Adwords or Facebook Ads to target their
customers.
Previously viewed as the safeguard of large organizations with significant
resources and large addressable markets, it is henceforth obvious that, the
world of advertising is experiencing a dynamic transformation across the Middle
East and Africa (MEA).
This shift is driven inter alia by:
·
Growing economies and concerted government initiatives,
·
Innovative low-cost new
advertising models facilitated by rising Internet adoption ,
·
It is no longer absolutely necessary for
businesses to have huge funds at their disposal in order to hire expensive
advertising agencies or marketing firms,
·
The overall improvement in
economic activity,
·
Infatuation inspired by social
networks, video and music on-demand,
·
Growing privileged
circumstances enabling consumers to purchase more mobile devices with Internet
connections,
·
Falling data tariffs,
·
The MEA region is
characterized by a young demographic with an average age of 20–28 years (WHO,
2012),
·
The young population is
driving a connected culture,
·
Progressively, a large
proportion of the population increasingly chooses to go online for their
information, social networking, and entertainment needs.
This infatuation leads or
attracts more and more advertisers to use advertising formats such as 'mobile
search' and 'mobile display’.
According to IDC, the 'online
display' and 'online search' formats will continue to attract the highest
levels of spending with plenty of scope for even more growth.
Therefore, to help mitigate lack
of clarity among organizations around the different Internet advertising options,
Connectikpeople.co, soon #Retinknow, recommends to ad publishers to invest in
generating awareness of the different advertising possibilities that are
available online, particularly in relation to the flexible pricing and payment
options that can be tailored to meet an organization's specific budget and
needs.