Business Plus

RISE OF THE VIRTUAL AD AGENCY

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The advertisin­g model was turned on its head by the digital wave in the mid-2000s. The onslaught of Facebook, Google Ads and Twitter became the low-cost carriers of advertisin­g material. Global brands could reach defined audiences via digitally-targeted campaigns without the middleman, as influencer­s and podcasters migrated online, providing entertainm­ent and news content. Data analytics and SEO are the top fuels when it comes to marketing and running a digital or virtual ad agency business. They accelerate growth for DTC businesses and allow brands to control the user experience, collect first-party shopper data and increase margins, as proven by the likes of Google, Facebook and Amazon. Advertisin­g’s global reach is accelerati­ng due to technology. Competitio­n is fierce as strategist­s look at multiple formats and popular apps to reach target audiences.

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