Thursday, July 10, 2014

Digital, Mobile Fuel Big 2014 Ad Spend Growth

Mobile advertising is rising with the force of a tidal wave, forecast to reach 67.8% of all U.S. digital ad spending by 2018, according to the latest report from eMarketer. In fact, digital ad growth (including mobile) already is the key factor in doubling total worldwide ad spending this year. Global media ad spending (for print, TV and radio, outdoor and digital) will increase 5.7% in 2014 alone, eMarketer projects, more than double the growth rate of 2.6% from a year ago. The U.S. market takes the lion's share of those ad dollars, with total U.S. ad spending set to surpass $180 billion this year, equal to nearly one-third of the worldwide total. Digital channels are the driving force of advertising growth for 2014 and beyond: eMarketer estimates that global digital ad spending will increase 16.7% this year, totaling $140.15 billion and surpassing 25% of all media ad spending for the first time. And within the digital category, mobile is the catalyst. Advertising on tablets and smartphones will increase 84.7% worldwide in 2014 to reach $32.71 billion this year, or nearly one-quarter of the digital advertising spend globally, eMarketer estimates.Those trends are forecast to continue until digital snags a 32.3% share of global paid ad spending by 2018, with mobile making up over 50% of those worldwide digital ad budgets. For more details of the report, see http://www.emarketer.com/Article/Global-Ad-Spending-Growth-Double-This-Year/1010997

Tuesday, July 8, 2014

B2B Online Success Is Still Built on the Basics

Distracted by the buzz of new tech toys and tactics, B2B marketers sometimes need to be reminded of the basics of online success. For a review of B2B online fundamentals, check out Lee Odden's recent TopRankBlog post. Here are just the first four of the 21 basic tactics that he lists, and note that they are not high-tech investments but offline efforts with online impact: client testimonials that speak to the target audience; case studies that show the brand's problem-solving breadth and depth; industry recognition to enhance credibility; media relations to get quoted, profiled and linked in the press and blogosphere. Other, more online-specific basics include quality website design and functionality, targeted online advertising, search engine visibility on competitive terms, and so on. To further aid online success, we'd also like to remind of the basic marketing disciplines -- targeting, testing, tracking, updating and optimizing. Analyze your customer and make sure an event presentation, news release or social post offers useful content in a format likely to be shared by the target audience, for example. And avoid wasting ad, design and search dollars by implementing targeted, measurable response testing. For Odden's complete article, see http://www.toprankblog.com/2014/07/21-b2b-online-marketing-tactics/