Digiday Research: Voice marketing is still nascent among retail marketers
This research is based on unique data collected from our proprietary audience of publisher, agency, brand and tech insiders. It’s available to Digiday+ members. More from the series →
Voice devices are quickly becoming ubiquitous in U.S. households, but most retail marketers aren’t jumping on the bandwagon just yet.
Nearly 20 percent of U.S. adults now have access to a smart speaker, and that number is expected to grow rapidly in the coming years. But despite the hype surrounding their potential most retailers aren’t currently using voice devices for marketing or commerce, according to new Digiday research.
Of the retail marketing executives Digiday quizzed with at the Digiday Retail Forum last month, 79 percent said they’ve yet to use voice devices in any capacity.
For those who have the most common use cases are to deliver ads and to sell products, but each of those are only being done by 8 percent of retailers. In general marketers have placed a low priority on voice marketing with many viewing it primarily as a way to collect consumer data.
Amazon, a major player in the voice space thanks to its Alexa-powered devices, is tempering expectations for voice search. The e-commerce giant is still figuring out how to prioritize between paid and organic results in search requests.
Other areas like branded podcasts are unlikely to ever gain mainstream adoption by retail marketers because of their high costs, generally at least $500,000. Some retailers in the Digiday survey have experimented with them, but one of the main hurdles with branded podcasts or podcasts in general is that measurement standards are still in their infancy.
Other brands are gravitating instead to branded “skills” for voice-activated devices. Lego is testing out creating storytelling Skills on Amazon, for example.
More in Marketing
At the Las Vegas Grand Prix, Mastercard joins a pack of consumer brands flocking to Formula One
For marketers looking to align their brands with F1’s expanded appeal to audiences, the Las Vegas Grand Prix is providing a slip road into the sport.
Why PepsiCo and EA are expanding their partnership into mobile: A Q&A with PepsiCo vp of global sports and entertainment partnerships Adam Warner
The planned, multi-year nature of PepsiCo’s integration into “EA Sports FC” reflects that both PepsiCo and Electronic Arts are playing the long game as they look to step up the presence of ads inside and beyond EA’s portfolio of sports titles.
Key takeaways from Digiday’s 2024 Gaming Advertising Forum
Now that gaming has gone from a buzzword to a regular presence in brands’ media mix, marketers are more closely scrutinizing the value and ROI of their investments in this channel — and the platforms are rising to the challenge. Here are some of the biggest takeaways from this week’s Gaming Advertising Forum.