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Save up to 10% on all outdoor advertising campaigns. Celebrate all month long this November. Mention this offer to your assigned advisor to apply the discount.
Explore the journey of OOH advertising towards growth through embracing change, consistency, and accountability in the dynamic advertising landscape of 2024.
In the fast-paced realm of advertising, staying ahead means embracing change. One fundamental principle that has endured is the use of a consistent dataset throughout the advertising process. However, despite its importance, the adoption of this principle has been slow. In 2024, it's time for the out-of-home (OOH) advertising industry to prioritize consistency and accountability.
According to the Outdoor Advertising Association of America (OAAA), using a consistent dataset is crucial for understanding campaign results accurately. Yet, the industry remains fragmented, with various approaches to data utilization. The lack of a comprehensive suite of planning metrics and attribution reporting is evident.
While the technology required for post-campaign analytics already exists, the challenge lies in raising awareness and promoting its utilization. The industry must adapt to using a consistent dataset for planning, reconciliation, and attribution to thrive in the evolving landscape.
Change aversion, contractual challenges, and facing reality are significant hurdles in adopting new practices. However, embracing transformation is necessary for the survival and growth of the OOH advertising industry.
In 2024, the OOH advertising industry stands at a critical juncture. Embracing change is not just advisable; it's essential for progress. By prioritizing consistency and accountability, the industry can navigate the challenges ahead and thrive in the dynamic world of advertising. It's time to move OOH beyond 4% and embrace the future with confidence.
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