Advertisers need to be clear on their strategies before jumping on the shoppable media trend, argues Lawrence Dodds, client director at UM London<\/em><\/p>\nThe current crisis has accelerated e-commerce in a way that none of us could have imagined at the start of the year. Amazon\u2019s share price hit new highs and some retailers such as Primark were caught off guard during lockdown with limited e-commerce infrastructure.<\/p>\n
Over the last 9 months, we have seen the meteoric rise of e-commerce and shoppable media. As the shoppability gold rush reaches its peak, it is clear that shoppable media has now become a buzzword thrown around with reckless abandon.<\/p>\n
TikTok has become the latest in a string of advertisers to launch new shoppable formats. Each day seems to bring with it a new media format or opportunity. Their new format, in partnership with Shopify, allows users to interact with an ad unit and move through to purchase featured units.<\/p>\n
The launch of the ad unit follows a similar launch by Instagram earlier in the year and a potential launch on Whatsapp.<\/p>\n
Many advertisers are buying and testing shoppable formats without a clear strategy in place. The goal is not to abandon your consumer journey but to create a frictionless optimised one.<\/p>\n
In moving towards increased shoppability, advertisers should remember that shoppability is about elevating product availability across the consumer journey in recognition that no consumer journey is the same. A potential purchaser could easily decide to transact after coming into contact with media focused on driving brand awareness.<\/p>\n
A clear first step in developing a shoppable strategy is to have a clear defined consumer journey to work from. What is the consumer most likely to be doing or feeling at each stage and what role does media play along the consumer journey?<\/p>\n
Placing each media opportunity on the shoppability continuum, from high friction to frictionless, is an important task in understanding how best to further improve the path to conversion.<\/p>\n
Linear TV is a great example of a high friction channel, and for some brands an important awareness driver. The path to purchase has high involvement from the consumer, as they simply can\u2019t click through.<\/p>\n
Read Full Piece On Mediatel<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"By Lawrence Dodds Advertisers need to be clear on their strategies before jumping on the shoppable media trend, argues Lawrence Dodds, client director at UM London The current crisis has accelerated e-commerce in a way that none of us could have imagined at the start of the year. Amazon\u2019s share price hit new highs and […]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5,6],"tags":[],"class_list":["post-8297","post","type-post","status-publish","format-standard","hentry","category-thought-leadership","category-um-in-the-news"],"acf":[],"yoast_head":"\n
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