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2023 Predictions: Retail media networks

Martech

Digital media and advertising. Retail media networks. Retail media networks have taken digital advertising by storm over the last two years. The close connection that retailers have with their customers provides an opportunity for advertisers to meet those customers where they are.

Media 105
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What is retail media – and why it’s taking over in 2024

illumin

As an integral part of a full-funnel marketing experience, retail media aims to target consumers at or near the place of purchase, encouraging conversion. Lower-funnel activities like this are important for engaging customers throughout their buying journey and in retaining brand interest after a purchase has been made.

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Your 2023 Holiday Shopping Timeline for Maximizing Media Campaigns

Digilant

Every advertiser knows the importance and challenges of the holiday shopping season — and the 2023 season will be no different. With more people shopping online, there’s ample opportunity for advertisers to create timely and memorable touchpoints with consumers to move them down the funnel over the three-month season.

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Video ad spend expected to rise 16%, surpassing linear TV this year

Martech

digital video ad spend is expected to hit $63 billion in 2024, a 16% increase from the previous year, according to projections from IAB’s “2024 Digital Ad Spend & Strategy Report.” However, the number of cable subscribers remained sizable enough for digital video to remain in a supporting role for ad budgets. Why we care.

Spending 116
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What’s Trending in Marketing For November 2023

Stevens & Tate

Welcome to our November 2023 edition of “What’s Trending,” where we bring you the most relevant marketing trends and insights. Stay informed and ahead of the game with our curated collection of marketing trends and reports in winter 2023. The National Retail Federation predicts a 3-4% increase in US holiday spending.

Trends 90
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IAB Podcast Upfront highlights rebounding audiences and increased innovation

Martech

“As audio continues to evolve and gain traction, you can expect to hear new innovations around data, measurement, attribution and, crucially, about the ability to assess podcasting’s contribution to KPIs in comparison to other channels in the media mix,” said IAB CEO David Cohen, in his opening remarks. in Q1 2024 over Q1 2023.

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3 reasons why digital video and CTV are booming in 2024

Martech

Video ad spend is expected to rise 16% year-over-year in 2024. Streaming services and other publishers are stepping up to bring more ad-supported options to consumers, along with better ad experiences. Ad-supported CTV is widely adopted and preferred by many CTV is an accepted part of many U.S. That’s up 20% from 2023.