Predictions are a risky business. But we're bravely venturing again to list the many ways things will change in the future. In these articles, we have industry leaders and experts trying to future-gaze and capture the transformative and disruptive ideas and trends that will 'change everything as we know it' (or not). In 2022, definitely, maybe
To successfully compete in the world of ecommerce, 2022 we will see more brands gearing up their content to be visual search ready; Image: Shutterstock
If 2020 was the year of adapting to the new normal to survive, 2021 was the year of resilience—when humanity pulled itself together to overcome challenges and hardship to bounce back. Over the last 20 months, we saw the emergence of trends that were more expedient. Decades worth of technological innovations took place in a few short months to keep pace with evolving consumer needs. Some trends were accelerating, rapidly after the initial Covid-19 outbreak and they continued to grow even after the lockdown (such as adoption of ecommerce, education technology and video streaming), while others (such as online fitness coaching) were more transient. Notwithstanding Omicron, I would like to believe 2022 will be a more hopeful year. My predictions of the trends are based on my understanding of the environment as it is today.
1. Television ads will be hyperlocal
With the rapid adoption of content streaming and connected TV in metros and mini-metros, adtech companies had to develop technologies that allow sharper and smarter ad targeting. In 2022, we will see the emergence of one such adtech—addressable TV. Once launched in India, it will allow advertisers to serve different ads to different households based on their pincodes. For the first time in the history of television commercials, brands will have the opportunity to customise their story based on hyperlocal insights, making television commercials more relevant for their audiences.
2. Live content will be the leading social media format
Consumers today want relatable and authentic content from brands. Live video streams and audio chat rooms offer an unparalleled opportunity for brands to connect with their audiences authentically. Brands that rely on social media will leverage these uncensored and authentic environments to creatively interact with their consumers through audio or video-led live streams. Apart from content, we will see brands using interactive features such as hand raising and dialogue-based ads to create a more personal bond with their consumers.