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TV advertising: 6 key trends to watch in 2024

Martech

Television advertising has undergone significant transformations in recent years, and 2024 promises to be no different. Here are a few of the key trends shaping the future of TV advertising in 2024. This shift is anticipated to fine-tune marketing approaches, resulting in higher levels of engagement and improved conversions.

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Programmatic advertising trends to watch in 2024

illumin

With programmatic, marketers use an algorithm to better understand the best placements to spend their ad money, making more informed and impactful decisions. While there are a ton of predictions for 2024 – this is how we think the year is going to shape up. Disney is one network that is already ahead of the curve here.

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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.

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OTT and CTV: which is which?

illumin

It’s time to clear the air and understand the differences between the two marketing phenomena. Even the average marketer still falls trap to this typical confusion of distinguishing between OTT and CTV. billion growth projection in 2024 according to eMarketer. It’s a common misconception. An example would be the Dish Network.

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Will Amazon Prime’s switch to an ad-supported model lose viewers?

illumin

As of February 2024, Prime will start airing commercials, leaving many television enthusiasts wondering if viewers continue to choose streaming services over traditional television options. plan attracted ample new customers and now, in 2024 as the last users on the basic plan face higher rates, most are opting to switch to an ad-based plan.

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Building your generative AI marketing skillset: Training and upskilling

Martech

This is the 6th article in a series about how generative AI is impacting marketing. The proliferation and volatility of digital channels over the last few decades have been forcing marketers to continually evolve their strategies and tactics if they want to remain relevant. 1 barrier to the adoption of AI for marketing.

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The Rise of Streaming and Audio Advertising Post Cookies

Choozle

Video Streaming Market Just how big is the video streaming market? Remarkably, in 2024 99% of US households now have at least one streaming service subscription, a notable jump from the 52% reported in 2015. Deloitte forecasts an increase in global consumer engagement with audio entertainment in 2024. trillion by 2030.