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RMN ad spending up 26% but questions remain

Martech

Ad spending on retail media networks (RMN) is projected to increase 26% this year to nearly $55 billion, according to a new study from the ANA. Despite this, it’s clear advertisers are still hesitant about the channel. Even so, advertisers are optimistic about the future of the networks. Why we care. Processing.

Spending 113
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Optimistic marketers increase expected ad spend

Martech

Buyers increased their 2024 ad spend projections to +11.8%, up from +9.5% rise in consumer spending in Q2 2024, has eased buyers’ concerns about economic instability. Meanwhile, buyers are maintaining their focus on cross-funnel KPIs while shifting efforts towards reach optimization as interest in new KPIs wanes.

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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.” 2024 is projected to be the first year where more spend is committed to digital video than linear TV. Why we care. billion, up 12% YoY.

Spending 115
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Five Impactful Ways to Improve Brand Image Without Spending a Lot

Webbiquity

To move prospects through the sales funnel, client success stories and user-generated content can go a long way. He studied advertising in university but is a life-long student of philosophy, design and art. . Social media is an excellent way to showcase your brand’s image. Start a Blog (If You Haven’t Already).

Spending 331
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DTC marketers planning to up CTV/OTT spend this year

Martech

Direct-to-consumer (DTC) marketers are flooding into connected TV (CTV) and over-the-top (OTT) digital TV advertising, according to a new survey from digital performance media company Digital Remedy and research firm Dynata. This is a significant jump in interest from the first half of 2022, when 43% of DTC expected to up their spend.

Planning 108
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How to increase revenue without increasing spend

ClickZ

30-second summary: CallTrackingMetrics, an SaaS provider of call tracking and contact center solutions, published an e-book aimed at helping advertisers increase revenue from their digital ads. You can download the free e-book, The Digital Advertiser’s Guide to Uncovering Hidden Revenue Opportunities Without Increasing Spend, from ClickZ.

Spending 109
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Elevate B2B Marketing News Weekly Roundup: New B2B GTM Data, Adobe’s Annual Visual Trends, & Rising Creator Spending

Top Rank Marketing

The post Elevate B2B Marketing News Weekly Roundup: New B2B GTM Data, Adobe’s Annual Visual Trends, & Rising Creator Spending appeared first on B2B Marketing Blog - TopRank®. In the meantime, you can follow us on our LinkedIn page , or at @TopRank on Twitter/X for even more timely daily news.