Showing posts with label online video. Show all posts
Showing posts with label online video. Show all posts

Friday, February 15, 2019

Digital Trends Lead Insurance Marketing Change

Digital marketing dominates professional advice for insurance marketers this year, from e-mail to social media to online search. However, whether insurance marketing via digital or traditional channels such as direct mail, there are some general trends affecting success in 2019, per the American Agents Alliance. First comes the continued value of cultivating brand advocates with testimonials, referrals and word of mouth. Quoting Forbes magazine, "the top four most-trusted sources of advertising are people you know, branded sites, editorial sites, and reviews." A myopic focus on impersonal advertising will miss these important lead drivers. The personal touch needs to extend into offering targeted, personalized digital and print content that is useful and engaging, as well as client interaction that is real and humanized, not generic and automated. Insurance agency/broker marketing agencies like EaseCentral and OutboundEngine offer some advice on where to focus digital marketing energies more specifically in 2019. Start by revisiting e-mail strategy. With an average $32 return per $1 spent in 2018, e-mail remains an attractive direct marketing option especially because it also offers opportunities for the forwarding, social sharing, and referral business in line with the general trends noted above. Another tried-and-true digital driver, paid and organic search engine ranking, still matters, but search strategy needs an important tweak this year to cater to growth of voice searches. EaseCentral points out that ComScore forecasts close to 50% of all searches will be made through voice search by 2020. Plus, due to the increasing use of voice searches, Google and other search engines are beginning to factor it into their algorithms. Mobile optimization will play a big role in effective leveraging of voice search since these searches occur mainly on mobile devices. Social platforms offer some unique advantages for insurance marketers looking for a way to humanize and personalize, say with personalized customer service via Facebook and LinkedIn. Opportunities for direct marketing with promoted posts and social ads can use social media platforms' increasing ability to target zip codes, professions and other demographics to hone response. Finally, video is now a proven response driver in digital marketing for almost all industries, with online video projected to account for 80% of all web traffic in 2019 per Cisco research. For more detail, see our website blog post at https://www.acculistusa.com/digital-options-lead-2019-insurance-marketing-trends/

Wednesday, July 4, 2018

Performing Arts Win in Social Video Ticketing Growth

Performing arts marketers have more tools this year for reaching ticket buyers, fans and supporters via partnerships that link online ticketing and social media videos. The latest entry in the competitive social media ticketing race is Google-owned YouTube, which has partnered with Ticketmaster to show viewers upcoming U.S. tour dates and nearby concert listings on artists' YouTube videos and then allow viewers to jump directly to Ticketmaster to purchase tickets. YouTube is actually a latecomer to the social media ticketing world. Ticketmaster started promoting ticket sales on Spotify and Facebook in 2016. YouTube's end-of-2017 move is one reaction to Spotify's growth in the streaming market with integrated data and artist information. For Ticketmaster, its global roster of concerts and lock on the concert-ticket industry can only be enhanced by access to YouTube's 1.5 billion user base, driving more fans to pay Ticketmaster prices and service charges. But competitive social video ticketing is a win for performing arts promotion, too. YouTube is leveraging one of its strengths with the ticketing partnership; music videos account for 30% of all time spent on YouTube and represent 94% of the 250 most-viewed videos on the platform, per the Video Advertising Bureau. And that means performing arts promotions can look forward to generating additional ticket sales from the platform's added feature. The YouTube ticketing feature also addresses a running feud between YouTube and the recording industry. Some record labels have argued that YouTube hasn't paid enough in fees for music videos hosted on its platform, but now ticket sales will provide another revenue stream for labels to monetize and boost royalties. This kind of partnership may even help cut the sales drain from pirating since the increased ability to monetize videos via ticket sales is likely to push performing arts promotion to drive as much traffic as possible to official videos and be more proactive in flagging unofficial channels. See our website post: http://www.acculistusa.com/performing-arts-boosted-by-social-video-ticketing-partnerships/

Wednesday, May 9, 2018

Social Media Videos Star in Museum Campaign

AccuList USA's museum marketing clients are always looking for innovative ways to reach the target audience. A recent article in the Chicago Business Journal spotlights how the Museum of Contemporary Art (MCA) Chicago dove into innovative multi-channel marketing after 20 years without an advertising campaign. Lauren Smallwood, MCA’s director of communications, had a story to tell about exciting changes at the museum: a new restaurant, a new artist's exhibition, a new "social engagement space," and a program offering event rental space. The question was how to best leverage that story to entice audience. The museum and its agency decided to harness the proven marketing power of video. They developed a series of visually-arresting 6-second videos that both grab attention and prompt curiosity about, and exploration of, the changes at MCA Chicago. The videos are to being disseminated primarily through social media channels, with no plans for more expensive TV airing. However, the social media campaign also is reinforced by digital, print and out-of-home advertising that plays on the look and feel of the high-energy video campaign, titled “Made You Look.” Another first for MCA is the use of pop-up events. For example, an April weekend event in storefront space sought to engage visitors in the music, art and pop culture of 1979, a pivotal year in the career of artist Howardena Pindell, whose exhibition at MCA was being simultaneously promoted in the video-led campaign. To read more and get a link to the videos, go to http://www.acculistusa.com/museum-mates-social-video-and-events-in-new-campaign/

Monday, January 8, 2018

2018 Digital Marketing: New Tech, Targeting, Tactics

Marketers can expect digital marketing to continue to experience rapid changes this year. Thanks to Forbes magazine's Forbes Agency Council, which recently outlined digital trend predictions for 2018, they may be able to get a head start. The first of the article's 15 trend predictions is continued growth for Augmented Reality (AR), per Chris Carter of Rep Interactive, as mobile devices become more powerful, social apps improve AR integration, and, we would add, traditional print, from direct mail to labels, also embraces AR. Meanwhile, conversational interactions will offer new opportunities and challenges, per a couple of council members—such as Amazon's Alexa, Google's Assistant, Microsoft's Cortana, chatbots and more. Now that Google says 20% of its mobile queries are voice searches and usage is set to climb further, marketers will need to create content targeting these types of searches and ads for non-traditional venues, predicts Brett Farmiloe of Markitors. Video was a big story in 2017 and is now seen as a basic of success for 2018 marketers, per several Forbes council members. It also means that marketers will face a higher bar in terms of quality. As social media platforms jump into live video and add features, "the shaky, holding-a-phone-in-your-hand live video won't be acceptable anymore," warns Thomas Brodbeck of Site Strategics. Most agree that the days of impersonal e-mail blasts are done, and marketers will be focused on hyper-targeting and personalizing every interaction, forecast several experts. Watch for personalized landing pages connected to each advertising campaign, for example. The need for unbiased targeting, predictive analytics and budgeting for every step of the customer journey will increase use of application programming interfaces for machine-learning algorithms, natural language processing and artificial intelligence, opines Douglas Karr of DK New Media. And as data protection regulation increases, ad tech vendors will need to go beyond tracking behavior with cookies to contextual targeting strategies based on page content, adds Julien Verdier of Adyoulike. "Influencer marketing" had marketing buzz in 2017, but Craig Greiwe of Rogers & Cowan predicts that 2018 will see a collapse of interest because brands that spent big on influencers haven't seen measurable results. He expects brands instead to "zero in on a few select individuals who drive results or move to organic grassroots promotion, and away from high-cost, middle-tier influencers who drive awareness but little ROI." Content marketing and native advertising, meanwhile, remain in the marketing tool box—but with changes. For more, see http://www.acculistusa.com/2018-digital-marketing-trends-technology-targeting-tactics/

Wednesday, January 3, 2018

Social Media Pros Forecast Range of 2018 Changes

B2B and B2C marketers planning to invest more in social media marketing in 2018 will want to take a look at the trends that social media experts are predicting for Facebook, Instagram, Twitter, LinkedIn, and Pinterest marketing in the year ahead, as recently gathered up by Social Media Examiner. Among the more than 33 predictions featured, multiple social media pros stressed the growth and impact of video, as "even simple selfie videos filmed on cell phones are propelling businesses higher than video-less businesses," to quote one forecaster. B2B marketers will be pleased to know that LinkedIn advertising is expected to roll out video ads for business pages and geofilters for videos, now in test. Facebook, which remains the social media ad leader, is positioning to become a major player in online video. In 2017, Facebook debuted Facebook Watch for select creators (a TV-like option). In 2018, it is forecast that the program will expand to all people and pages on Facebook, and also that Facebook will likely roll out new features for video creators, perhaps including preferential Facebook news feed exposure for original native video, revenue-sharing deals, or even a dedicated video app. With the video boom, metrics will need to get more sophisticated across platforms. Meanwhile, Instagram is expected to continue surging after fast growth in 2017, with 15 million businesses using Instagram by July 2017 (up from 8 million businesses in March 2017), with 80% of Instagram accounts now following at least one business, and with global advertising set to reach $4 billion by 2017 year-end. One reason is that Instagram has been improving its tools for marketers, including InstaStories promoted within the “news feed,” the Story Highlights feature that allows pages to host static collections of previously disappearing story posts on profiles, "swipe up" calls-to-action, posts that click through to online stores, and soon the ability to follow hashtags. The bad news for marketers is that the popularity of social media will translate into rising ad costs in 2018, with pricing of Facebook and Instagram ads predicted to rise over the next 12 months. However, that cost trend should actually spur businesses hesitating to invest; marketers who commit to social media ads now will generate awareness, build audience (particularly via e-mail subscribers) and gain a competitive advantage in the increasingly crowded market. Businesses also are urged to hone ad effectiveness—for example using retargeting, AI and other techniques to ensure prospects see the most relevant messaging for their point in the customer journey. And, as costs rise and organic reach declines in effectiveness, the importance of ad metrics increases. Marketers will need to track the metrics of each ad or promoted post, combining a paid acquisition model with historical data and personalized content. For more predictions, see http://www.acculistusa.com/social-media-pros-predict-wide-range-of-changes-in-2018/

Tuesday, December 12, 2017

How Year-end Fundraising Gets Multi-Channel Boost

Even though nonprofits are deep into year-end donation drives, it's worth checking off fundraising benchmarks to give those final tweaks and finishes before New Year's. MobileCause, a fundraising software and strategy firm, has developed a handy infographic based on marketing research and insights gleaned from its webinar attendees. A key takeaway is that branded, multi-channel campaigns raise both more immediate dollars and have more long-term value, with 61% of donors more likely to give again. The infographic cites Japs-Olson Company data to prove the point: Response rates are 6% for direct mail only, 27% for direct mail and web, 27% for direct mail and e-mail, and 37% for the combination of direct mail, web and e-mail. While direct mail remains the centerpiece of donation drives, with 71% to 81% of donations from mail, greater success requires combining and coordinating channels. It is also essential to make multiple appeals across channels, since research shows that it takes a minimum of three exposures to a message to generate a decision. MobileCause suggests the following tactics for maximum impact: a warm-up letter, an appeal letter, a follow-up letter, and e-mails every two weeks, all supported by website home page articles, customized donation form and personal communication (such as phone calls). Don't neglect to craft social media ads, too. Plus, plan to use video to drive engagement and response across channels--on social pages, e-mail, and website (Augmented Reality can even add video to paper mail, too). You'll be in sync with MobileCause attendees: 61% plan to add video to campaigns, 23% plan a custom donation page, and 21% plan an online landing page. By December, fundraisers should be reaping the results of efforts that launched in October, when website, donation page and videos were readied and the first year-end appeal mailed. But now that we're in December, there's still time for the extra push. Consider a Dec. 26 year-end e-appeal and a Dec. 31 last chance e-appeal, for example. For more data and tips, see http://www.acculistusa.com/year-end-fundraising-needs-multi-channel-multi-touch-effort/

Tuesday, December 5, 2017

Video Wins Key Place in 2018 Marketing Budgets

In supporting our digital marketing clients, AccuList USA has seen rapid growth in online video use, and a recent Forbes magazine article by John Hall, CEO of Influence & Co., cited video as one of six essential trends to include in 2018's digital marketing budget. Why? Researchers forecast that by 2020 online video will account for 80% of all consumer internet traffic. Already over 500 million people are watching video on Facebook every day. If you want a crack at that audience, you'll need to join the video world. That's especially important because video ads are not just good at promoting brand awareness and engagement; they deliver sales. Video creation service Animoto's most recent survey of 1,000 consumers and 500 marketers reinforces online video's clout: 64% of consumers say they purchase after watching branded social videos. No wonder more businesses are jumping on the video ad bandwagon and investing in paid/sponsored video as well as paying to "socialize" or promote videos. Helping the video boom is the relatively low production cost; in fact, 92% of marketers told Animoto they make videos with assets they already have. Meanwhile, a nationwide pricing survey of videographers and photographers found that the average small business marketing video cost less than $1,000 in 2015 and a medium-sized product demo video was around $2,000. Cost is not a barrier; coming up with engaging, targeted content is the challenge. So what platform will best deliver the target audience? Animoto's survey shows where consumers engage with branded videos daily: 49% on Facebook, 32% on YouTube, 24% on Instagram, 22% on Snapchat, and 22% on Twitter. Most brands hedge their bets by using multiple platforms, paying to capture eyes on YouTube and Facebook, for example. The more important goal, regardless of platform, is to optimize for mobile viewing since 84% of online video viewers watch on mobile devices--which is why 81% of marketers are optimizing their social videos for mobile viewership, per Animoto. Timing counts, too. Animoto's survey found 33% of video consumers watch during the lunch hour, 43% during the afternoon, 56% during the evening, 38% before bed, and 16% in the middle of the night. For more on online video trends, including tips on creative, see http://www.acculistusa.com/marketing-with-online-video-if-not-youre-behind-the-curve/

Tuesday, July 18, 2017

Cross-Channel Effectiveness Needs New Tactics

Multi-channel, cross-device marketing campaigns offer broader, deeper and more nuanced audience reach, but without careful planning, there is a risk of counterproductive ad frequency and confusion. At the recent 2017 Google Marketing Next conference, Bill Kee, Google's group product manager for attribution, is quoted giving a powerful illustration of how a multi-channel campaign can saturate the market: “If I am on three devices, and if I see your ad five times, it means you've reached me 15 times….believe me I get it.” So how can marketers improve performance given today's complex, interconnected channel usage? In a recent Direct Marketing News article, Pierre DeBois, founder of digital analytics firm Zimana, suggests several tactics for better cross-device/cross-channel effectiveness. First, DeBois recommends using cross-channel/cross-device analytics in place of traditional last-click attribution or channel-to-channel comparison. The goal should be to see the complete picture of channel contributions to ROI at each step of the customer journey, he advises. An example is Google's new Unique Reach report that displays digital ad frequency metrics across devices, campaigns, and formats to measure how many times a person views a given ad. The report combines attribution influences from AdWords, DoubleClick and Google Analytics. It is a new marketing axiom that videos and images are great response-getters for digital media. But multiple cross-channel/cross-device campaigns can visually overwhelm and confuse customers, too. DeBois advises marketers to locate videos and images in a content mapping strategy so they can understand how their media aligns with each step of the customer journey. Plus, they should curate media by carefully selecting and orchestrating images, videos and messages in order to help customers understand products and services. One helpful curating tool is the "image story" feature on social media platforms, including Pinterest Lens, Instagram Stories, and Twitter Moments. Another option for providing a consistent customer story across channels is to employ chatbots, programmable assistance, powered by rules and sometimes artificial intelligence, to interact with customers via a chat interface, auditory or textual. For the full post, go to http://www.acculistusa.com/effective-cross-channel-marketing-requires-new-tactics/

Tuesday, June 6, 2017

Science & Tech Offer Event Audience-Building Tools

For an event to succeed, trade show marketers must build attendance before the event and deliver for attendees by the end of the event, whether measured by lead generation, education or networking. There's an art to it, but science and technology impact success today as well. For example, BizBash.com did an interesting Q&A with Ben Parr, author of Captivology: The Science of Capturing People's Attention, in which Parr highlighted research-based conclusions about "captivation triggers" of audience attention. Start with "automaticity," which means using colors and symbols that automatically affect attention, such as the color red. Move on to "framing," setting the value of an event in a context that garners more attention, such as stressing event ticket scarcity. A message or design that offers "disruption," meaning a violation of expectations, naturally grabs attention, as does "mystery," such as an intriguing headline or subject line. Of course, there is the attention-getting "reward" for attendance, either an extrinsic reward (a swag bag) or an intrinsic reward (personal self-improvement). The good reputations of event, exhibitors and speakers really count, too; brain research shows audiences are especially attentive and trusting of experts, for example. Meanwhile, Event Farm, an enterprise event marketing platform, has interviewed event experts to find new technology trends likely to affect event marketing in 2017 and beyond. Among the trends cited is having events bring the internet to life onsite by letting attendees engage with online experiences, such as viral memes or videos. Marketing pros also foresee that the end of an event will no longer signal the end of an experiential marketing campaign, so that marketers engage with attendees (and non-attendees) after the event via tactics such as re-purposing an event presentation or sharing "digital" event memories. More people are expected to use live streaming to complement events via services like Facebook Live, too, not as a substitute for attendance but as an attendee-engagement enhancer. Finally, watch for attendees to seek to engage with the digital and physical landscapes simultaneously, such as using smartphones to help navigate through a venue. For more, see http://www.acculistusa.com/science-tech-can-help-events-capture-audience/

Tuesday, April 25, 2017

How to Harness Social Media for Nonprofit Success

At the upcoming Association of Fundraising Professionals (AFP) 2017 Conference, we expect to hear a lot about nonprofit social media strategy, so we wondered what social media trends are impacting fundraising this year. A 2017 Redstart Creative blog post identified several noteworthy trends. As in the rest of the digital universe, video is the new response-getting must; now nonprofits can use live video to boost reach and engagement via tools such as new Facebook features allowing live video to be pushed to followers in notifications or timelines. As social media algorithms reduce organic reach and ad competition intensifies, Redstart advises uncluttered "less is more," quality-over-quantity content that focuses on resonating with the target audience. "Reply and engage" should be a new mantra, too, especially since major platform Facebook began keeping score publicly on all brand pages last year by adding a notification that tells viewers how quickly the page replies to messages. Meanwhile, a NonProfitPRO post by Dale Nirvani Pfeifer, founder of Goodworld, cites three basic steps for donor engagement on social media. Step No. 1: Respond quickly. As Pfeifer notes, 83% of Twitter users and 71% of Facebook users expect a brand to respond to their posts within 24 hours, and more than half of Twitter users expect a brand to respond within 2 hours! Step No. 2: Get personal. Responses can include a personal touch, but less time-consuming tactics include tagging supporters in thanks, or a simple “like” or “share” of comments. Step 3: Honor your donors. Even without personalization, make donors feel special via “thank you” messages and the transparency/inclusion of postings of organization news and fundraising goals. Finally, a recent post on npENGAGE by Jeanette Russell, marketing director of the social engagement platform Attentive.ly, underscores the power of "influencer marketing." Attentive.ly evaluated 90 of its nonprofit customers and found that the top 5% of influencers on a nonprofit's e-mail list of 140,000 can reach an average of 34 million people, or 85% the total reach of e-mail and Twitter combined. To identify influencers, use a social scoring methodology based on measurable factors: reach/number of followers, engagement of followers, relevancy, post frequency, and relationship with the organization. Then segment the influencers and their messaging into three main categories, Russell advises: the few high-scoring VIPs; Media (Blogger) Influencers who can be recruited to post to followers; and Everyday Influencers, who may have lower scores but are already on nonprofit e-mail lists so they can be quickly mobilized. For more, see http://www.acculistusa.com/harnessing-social-media-to-drive-nonprofit-success/

Thursday, February 23, 2017

How Paid, Earned & Owned Media Drive Success

When budgets are tight, it's tempting to focus on earned and owned media over paid media promotion. But marketers need to know the growth penalty of that strategy. Brands that use paid media typically grow three times faster than those that rely on owned and earned media alone, according to recent international research from the Institute of Practitioners in Advertising (IPA), as reported by The Drum. At the same time, paid media is more effective when coupled with earned and owned media. IPA research shows that owned media, which includes brand websites, blogs and social media sites, typically increases the effectiveness of a paid ad campaign by 13%. Meanwhile, earned media, which includes online mentions, shares, re-posts and reviews, increases the effectiveness of a paid campaign by a larger 26%. The IPA examination of media marketing further finds that emotion is a vital ingredient to success, and that television advertising continues to be the most powerful in delivering emotional engagement. Researchers report that adding television advertising increases a promotional campaign's effectiveness by 40%, for example. The growing use of video-on-demand and online video has turbocharged video impact: IPA's research shows a 54% increase in the average number of "very large" business effects from adding television and online video together. For more on balancing paid, earned and owned media, as well as brand-building vs. targeted sales promotion, see our post: http://www.acculistusa.com/creating-powerful-synergy-with-paid-owned-earned-media/

Thursday, February 2, 2017

Do You Have a 2017 Cross-Device Strategy?

With mobile now a key platform for digital display ad, social media and e-mail viewing, and even print integrating with mobile and online, marketers clearly need a 2017 cross-device strategy. As a 2016 Econsultancy survey noted, only 14% of marketers said their company was able to handle the customer matching across multiple devices, even though almost three-fourths of respondents felt cross-device customer tracking was a strategic priority. A recent Direct Marketing News article by Pierre DeBois offers some good tips for initiating a cross-device strategy. Start with analytics platform reporting now that Google Analytics, Piwik and Adobe Analytics all offer a user ID feature, a modification to the analytics tag, to allow cross-device visits to be an identifiable segment in the analytics reports. DeBois also suggests setting up report filters for digital traffic to take advantage of what is already known about the digital points at which customers engage, such identifying web traffic by the IP address of a store site to track customers who shop the site while in-store. A mobile site that makes it easy for customers to act immediately—whether they want to order, call or download—is a must. With strong mobile traffic, a marketer can even develop enough audience to support an app launch. Since accessing social media is a key activity for mobile users, and video viewing continues to soar, marketers will want to leverage social traffic stats and demographic parameters to tailor content to social media platforms, with an eye to mobile and visual/video impact. DeBois cites the Google Customer Journey tool as one way for marketers to adjust when media content should be deployed. Then design ads for cross-device viewing and response and take advantage of the paid search platforms' expanded mobile and IoT (Internet of Things) offerings, with device selection for re-marketing and paid search ads, call extensions and cross-device reporting. For the full post, go to http://www.acculistusa.com/do-you-have-a-2017-strategy-for-cross-device-marketing/

Tuesday, January 24, 2017

2017 Event Marketing: Social, Visual, Data-Focused

Event professionals can look forward to some exciting new marketing trends in 2017--especially in the social, digital and data arenas--as recently highlighted in both an EventManagerBlog survey and a post by MarketingTango, the marketing blog for brands like PIP and Sir Speedy. Data, with a social twist, remains key, with many event professionals reporting to EventMB that they saw an increase in the amount and quality of data available through social media in 2016--data that can be used to improve retargeting and create better multi-channel campaigns in 2017. MarketingTango points out that tighter targeting of the right VIPs and digital influencers will allow marketers to ride their social media coattails to higher Facebook, Twitter, or Instagram traffic and maximize social data ROI. Underlying social media's growth as an event tool is its ability to boost engagement and professional connectivity. Certainly, per EventMB's survey, using contests and giveaways for posting or tagging in social media is a big trend with exhibitors, who not only reap booth traffic but free marketing buzz as people tag and share. MarketingTango likewise notes the growing use of a "digital social wall" to engage attendees in real-time and harness the power of hashtags to own conversations. Social media also offers more ways to connect, and EventMB's surveyed event pros reported increased use of Snapchat and Snapchat geolocation filters to meet and connect as well as use of guest-generated pop-up events such as Twitter meetups. Event marketers further stressed that today's attendees want websites and landing pages that are easy-to-use, faster and more concise, preferring bullets and visuals over wordy pages. Image-based platforms are winning more followers, and many event pros forecast growing popularity for video in event invitations and advertisements, virtual reality experiences to sell venues, etc. For more, go to http://www.acculistusa.com/2017-event-marketing-social-visual-data-focused/

Thursday, January 5, 2017

3 Digital Trends Challenge Multi-Channel Marketers

As this year's marketing gets underway, we want to alert multi-channel marketers to three important 2017 digital trends recently cited by digital marketing hub ClickZ author Rebecca Sentance. Trend One: Marketers need to go beyond "mobile friendly" to a "mobile first" strategy given current search trends. Think mobile is over-hyped? Sentance asks you to consider the following: Search-engine giant Google has removed the "right-hand rail" from the search results page and moved to only displaying paid ads at the top and bottom, making the main search results layout more adaptive to mobile; Google continues to strengthen a mobile-friendly ranking system that penalizes websites that aren’t mobile-optimized; and Google announced in October that it would further favor mobile search by splitting off desktop and mobile into separate search indexes, with mobile as its primary index. Trend Two: marketers need to embrace visual elements and visually focused platforms for more effective social media performance. Trend Three: Marketers should stop assuming social media is mainly a tool for brand and traffic building rather than direct sales. For the facts driving the last two trends, read our complete post at http://www.acculistusa.com/blog/

Tuesday, January 19, 2016

Get Ready for 2016 Ad Rate Rises Across Channels

U.S. advertising rates are set to rise for almost all channels in 2016, according to a MarketingProfs report of forecasting by the American Association of Advertising Agencies and Havas Media. The ad cost bump is partly driven by higher ad demand from presidential elections and the Summer Olympics, per the forecast. So it's not surprising that the biggest jumps are forecast for television ad rates: a 3.8% increase for national broadcast TV, a 5.5% rise for cable TV and a whopping 13% leap for spot TV. The good news is that digital channels, where supply is expected to offset demand, are mostly set for very modest increases in average CPMs: mobile, online video and Internet/display advertising all up just 1%, although paid search rates is expected to show a 3.3% jump. For traditional print, average CPM increases are moderate, with a 2.5% climb for newspaper ad rates and a 3% bump in magazine rates. Network radio is the only channel forecast to drop in cost, down 1%. For a comparison of ad rate trends by channel from 2010 through 2016, see the MarketingProfs article: http://www.marketingprofs.com/charts/2016/29142/2016-advertising-rate-increases-forecast-for-nearly-all-channels