DIALOGUE ADVERTISING – THE VOICE FIRST ERA IS HERE; MOVING BEYOND CLICK BASED METRICS

Conversations around voice ads aren’t new. They have been doing the rounds for over a year now. Brands have been hesitant to test this offering out on mobile. Smart voice assistants have also been around for a while now and has seen a very good adoption rate especially in the developed markets such as the US and UK. Juniper Research 2019 report states that we would have 8 billion digital voice assistants in use by 2023, up from the 2.5 billion assistants in use at the end of 2018. Fun fact – Amazon Echo has reached over 100 MM devices worldwide. Enough said about these standalone voice assistants, though majority of the tasks they manage are limited to setting alarms and timers, playing music and news, controlling our smart home or delivering information we request — not trying to push us to take an action or know more about branded content. In May 2019, Spotify announced that they would be beta testing voice ads within the app for free subscribers, which will encourage the listener to say a verbal command in order to take action on the ad’s content. Initially, the audio ads will direct listeners to a branded Spotify playlist or a podcast. Some of the first voice ads being tested come from Unilever’s Axe and Spotify Studios. The UL ad will direct the user to a branded UL playlist within Spotify. For now, Spotify is only focused on content promotion within its own service — not anything outside of its app.

Back in May 2018, Google had announced their latest technology to conduct natural conversations over to carry out tasks easily over the phone i.e. to process natural speech seamlessly, like talking to another person, unlike an automated phone system that forces the caller to adjust to the system. Pandora’s new interactive voice ads will allow listeners to respond by speaking aloud — either to get more information about the product being advertised, or to skip the ad if it’s not of interest. This technology is now available for advertisers across in-app rich media placements and publishers are seeing a lot of value in investing in their platform upgrade to accommodate such new technology for a better user experience, moving away from mundane pre-rolls and animated banners.

The fat finger syndrome, false clicks, and bot clicks are brought up in articles, blogs and tech/media panel discussions every now and then. Even vanilla audio ads are one dimensional without an engagement or interactivity element. They aren’t “clickable” which means we wont know how many who have been exposed to the audio ad later went out to seek out more information. Interactive voice ads could possibly change that and give a new structure to “click throughs”. Interactive voice advertising provides the ability to verify ad delivery by measuring actual voice responses. This makes click fraud and accidental clicks a problem of the past. This will also further reduce intrusiveness (in comparison to click ads), both by ensuring a seamless fit within the audio content format in question and by offering brief and intelligent dialogues. To be honest the timing is also apt as consumers are slowly getting used to the likes of voice assistants such as Alexa, Echo & Siri.

For example, an ad about a new smartphone or car launch could include a verbal call-to-action inviting listeners to learn about its features, nearest showroom or price points. The listener would respond out loud to the ad to get more information or ask to skip the ad. Voice ads have evolved now from being on smart assistants to podcasts, audio apps such as Pandora, Spotify etc. to independent publishers/app owners who have implemented the SDKs needed to enable voice based rich media ads on their portals.

Because customers are mentally engaged by the ads and stays top of the mind & must consider their verbal responses, voice ads stand to produce superior brand recall, and be more effective in advancing customers from brand awareness to making a purchase. At the same time, the depth of data metrics collected from these interactions goes far beyond the simple click. This enables brands to react and optimize campaigns in real-time by setting the same powerful AI—that delivers the ads—to interpret the nuances of customer responses & further leverage this data to learn which specific phrases, responses, and other granular aspects of voice interactions correlate best with customer conversions. As these experiences are fine-tuned, they will not only improve in effectiveness, but will also increase the satisfaction they provide customers thus helping brands get a better audience satisfaction percentage.

More and more app builders are already adding this new voice technology into their apps, and brands will be jumping on board this new voice trend gradually. Soon we will have brands realizing the potential this product has and we may call 2019-2024 the advent of dialogue advertising!!!