Tuesday, February 16, 2016

2016 Marketing Spend Seen Up for Most Channels

Marketers will be boosting spending for almost all marketing channels in 2016, according to the latest Winterberry Group forecast reported by Direct Marketing News magazine. Election-year politics and the Olympics are seen as key marketing drivers this year. Overall, data-driven channels, both direct and digital, are expected to grow by 6.4%, with the biggest bump for digital display (desktop and mobile), which is predicted to rise by 20.1%. Search and e-mail will also increase by 11.4% and 8.7%, respectively, per the Winterberry forecast. Still in the mix, direct mail will hold its own, boosted by electioneering, with an expected 0.4% rise. As a result, data spending to support direct mail, e-mail and display (lists, database management and hygiene, analytics) will see 1.1% growth. The only exceptions to the marketing growth trends are magazine and newspaper ads (forecast down 1.9% and 6 %, respectively), along with flat budgets expected for cinema, insert media and radio. Watch for programmatic ad spending to continue surging, grabbing a larger share of display budgets and driving up data spends, advise analysts. Plus, video, which exploded in 2015, is still on the upswing, per Winterberry. For forecast details, read the full article at http://www.dmnews.com/marketing-strategy/2016-will-be-a-growth-year-in-marketing-spending/article/469545/

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