May you ever hear the term “digital asset” because it is common in creative communication and marketing for an important reason?

As per Venngage, up to 74% of marketers are using visual content to boost their sales and growing audience but despite its huge usage still, no one knows about digital assets in actuality.

Is it a file, chip, app, floppy, or anything else?

Well, in this short blog post we’ll try to know basic information about digital assets and their concerns so keep an eye on end and know something really informative to improve your business strategies.

What are Digital Assets?

Gartner Glossary states that a digital asset can be in any form of digital material owned by an individual party or enterprise. It can be animations, videos, audio, texts, or anything else which makes its viewers eligible to understand.

Usually, there are many people considering digital assets such as videos and photos but over time digital assets include multiple digital files like spreadsheets, presentations, and documents as well.

However, the definition of digital assets is getting a slight change due to new digital formats that are highly commendable for a business. Make sure that the file type is not only a part of its definition but its value is more important to a brand. Likewise, a blank spreadsheet will not be worth it until you have included something really useful in it.

Elements of a digital asset

There are basic elements that might make a strong digital asset; this means your file must contain these elements to be a digital asset.

1.       A digital file must be owned by a person/company with rights.

2.       It must provide a useful value to the owner or company.

3.       The file should be easy to discover and search, especially with metadata.

What kinds of file types are considered as digital assets?

Often people are stuck on this question but no need actually. To understand everything let’s have some common digital asset types.

·         Photos,

·         Audio files,

·         Videos

·         Presentations,

·         Graphics,

·         Pdfs,

·         Spreadsheets,

·         Documents,

·         Design files,

·         3d files, and many more.

·         Importance of digital assets

The way that often people do business is not the same so emotions may also be influenced by buying behaviors – for now it is not about introducing cool ads to get customers' attention but about connecting with the best customers and their satisfaction.

In this modern world, the majority of connections are occurring through online channels – where exactly a digital asset comes in.

At a certain core digital assets are the visual representation of your culture, service, product, and brand ultimately. The basic key drives online engagement; however, the digital asset shows the connection between your customers and the company.

This sensitive connection makes you able to interact with the customers the way they like – for suppose some understand quickly through audio while many need to visualize a demo.

Difference between Digital Assets and common files

To guide well and identify the difference experts say that a digital asset is money worth representing digital form with acquired value. Simplifying the difference between common files and digital assets is the value of the material it has for the company.

Likewise, a photo from a photo shoot (especially clicked to use for social media campaigns to raise awareness for upcoming company events) will be a digital asset of that company. Dissimilarly forming the same photoshoot an ordinary image will be useless.

I think this short but meaningful example is enough to make your concept clear, if still you’ve any queries in mind please feel free to comment below.