India among growth drivers but global online advertising expansion set to slow

vccircle | June 08, 2019

Global advertising spend is expected to grow 4.6% in 2019, a dip from previous estimates, with internet advertising seen slowing to single digits in 2021 for first since the dotcom bubble burst, industry forecaster Zenith said.Zenith, owned by French advertising group Publicis, said in a report published on Monday that internet advertising would account for 52% of global advertising expenditure in 2021, surpassing the 50% mark for the first time.The report comes during the time when advertising companies including market leader WPP Plc have seen clients switching to using online platforms such as Google and Facebook to reach consumers.

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This white paper explores how the profit-driven advertising model can drive up your bottom line and fuel growth in your marketing budget.Most of your digital ad spend is wasted on people who won’t become repeat customers.Continue to focus your advertising on lowering customer acquisition costs and lose valuable prospects to competitors as a result.

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NBC's TODAY Joins the Ad Council for New Public Service Ad Empowering Girls in STEM

Ad Council | February 14, 2022

This Sunday before the start of Super Bowl LVI, NBC's TODAY will debut a new television public service ad (PSA) featuring the show's anchors to encourage girls throughout the country to pursue their interests in STEM—science, technology, engineering and math. The spot, a part of the national She Can STEM campaign, was created by ad agency Deloitte Digital in collaboration with the Ad Council, a non-profit and leading producer of social impact campaigns for 80 years, and IF/THEN, an initiative of Lyda Hill Philanthropies. The PSA features TODAY anchors Savannah Guthrie, Hoda Kotb, Al Roker, Craig Melvin and Carson Daly. In an on-set daydream of Guthrie's, the spot humorously envisions the anchors as students in a 1970s classroom talking about what they hope to be when they grow up. In the dream, modern STEM careers are possible and female classmates name cool careers from today that you can pursue through an interest in STEM. The PSA also features STEM role models Tiffany Kelly, Mitu Khandaker, and Karina Popovich who are part of the AAAS IF/THEN Ambassadors Program to encourage more young women to explore careers in STEM. The PSA ends with "STEM has come a long way. She Can STEM." and directs audiences to SheCanSTEM.com where they can start exploring stories of diverse STEM role models. The new PSA will debut between noon and 3 p.m. ET on NBC during Super Bowl Sunday. NBCUniversal donated airtime for the :30 spot to air two times. Additionally, this morning and on Monday, TODAY will feature the PSA in two segments, including a behind-the-scenes "making of the PSA" segment showing the collaborative effort of the campaign development process with the anchors, and Mitu Khandaker discussing her experience as a STEM role model and the importance of this issue. "So many kids start off with big dreams, dreams that can help our world be more innovative, collaborative and cutting edge, but then they get discouraged along the way. Together with TODAY, Deloitte Digital, IF/THEN and NBCUniversal, we're working to keep those dreams alive," said Lisa Sherman, president and CEO of the Ad Council. "With the She Can STEM campaign we can show girls, non-binary youth, and trans youth that their passion in STEM can become a reality. We are so grateful for this extraordinary collaboration." Women make up half of the total college-educated workforce in the U.S., but they only constitute 27% of the STEM workforce, according to the U.S. Census Bureau. Research shows that many girls lose interest in STEM as early as middle school, and this path continues through high school and college, ultimately leading to an underrepresentation of women in STEM careers. She Can STEM aims to dismantle the intimidating perceived barrier of STEM fields by showing girls, non-binary youth, and trans youth how fun, messy and accessible STEM can be, encouraging them to dive in, no matter where they are in their STEM journey. "We are honored to partner with the Ad Council and shine a spotlight on the impact of empowering girls and diverse individuals in their STEM journey. By combining compassion, creativity and credibility, this mission will be showcased on the biggest stage for millions of people across the country tuning in on Super Bowl Sunday," said Linda Yaccarino, Chairman of Global Advertising and Partnerships at NBCUniversal and current Board Chair of the Ad Council. "NBCUniversal is committed to reflecting diverse voices, representation, and action in our content and work with advertisers to bring that trusted content to our viewers. All over the world, what we share shapes culture, entertains people and informs them of today's most critical topics." Deloitte Digital, working in collaboration with Ad Council and TODAY's team, created and produced the PSA, working with director JJ Adler of Ruckus Films. Deloitte Digital Chief Creative Officer Leslie Sims stated, "When our friends at the Ad Council came to Deloitte Digital with the opportunity to work with the hosts of TODAY for the Super Bowl, we were all in. The assignment, excite girls about STEM and let kids see the fun careers out there, was like winning the lottery. With a week and a half from brief to shoot, we created a spot focused on the real stars—the kids. It's pretty much been a week of nonstop laughing." Deloitte Digital has been actively involved with Ad Council and She Can STEM since 2019, creating award-winning creative to encourage girls to pursue STEM education and careers. Following Sunday's debut of the new PSA, the spot will be distributed to NBCUniversal stations nationwide for future airings throughout 2022. NBCUniversal is also featuring content about the PSA and the importance of STEM for girls on TODAY.com. "STEM is everywhere – whether you have a career in television journalism, video game design, or vaccine research – and we are proud to collaborate with the Ad Council and NBC's TODAY to put a spotlight on women with fun, relatable, and world-changing STEM careers," said Lyda Hill, founder of Lyda Hill Philanthropies and founder, IF/THEN Initiative. "If you're watching television and you see role models who look like you doing groundbreaking work, you begin to believe, `If she can do it, then I can do it.'" Since the launch of She Can STEM in September 2018, the campaign has been supported by a variety of corporate, nonprofit and media partners. The current funder of the campaign is IF/THEN, an initiative of Lyda Hill Philanthropies. Nonprofit partners include Black Girls Code, ChickTech, Girl Scouts of the USA, Girls Inc., Girls Who Code, National Center for Women & Information Technology, The New York Academy of Sciences and Society of Women Engineers. The Ad Council The Ad Council is where creativity and causes converge. The non-profit organization brings together the most creative minds in advertising, media, technology and marketing to address many of the nation's most important causes. The Ad Council has created many of the most iconic campaigns in advertising history. Friends Don't Let Friends Drive Drunk. Smokey Bear. Love Has No Labels. The Ad Council's innovative social good campaigns raise awareness, inspire action and save lives. To learn more, visit AdCouncil.org, follow the Ad Council's communities on Facebook and Twitter, and view the creative on YouTube. Deloitte Digital Deloitte Digital helps companies create new growth by elevating the human experience — with connected ideas, technology and talent. Our ambition is to make the best customer-oriented organizations in the world. Alongside all of Deloitte, we foster the connections necessary to shape a better future for our clients, our culture, our society and our planet. NBCUniversal NBCUniversal is one of the world's leading media and entertainment companies in the development, production, and marketing of entertainment, news and information to a global audience. NBCUniversal owns and operates a valuable portfolio of news and entertainment television networks, a premier motion picture company, significant television production operations, a leading television stations group, world-renowned theme parks, and a premium ad-supported streaming service. NBCUniversal is a subsidiary of Comcast Corporation.

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New Getty Images research shows that 8 in 10 people expect companies to be consistently committed to inclusivity and diversity in their advertising

Getty Images | August 17, 2020

Nearly 80% of people globally have said it isn't enough to have people of various ethnicities, backgrounds, and appearances in advertising but that they expect companies to do a better job at capturing people's true lifestyles and cultures, according to new research by Getty Images. The findings have been revealed in a second wave of research for Visual GPS, completed in conjunction with global market research firm YouGov.The Visual GPS Summer Update also reveals that 63% of people prefer to buy brands that are founded by or represent people like themselves. These results hold steady across generations and gender, with only modest differences across global regions."Visual GPS shows that amid the COVID-19 pandemic and despite massive changes in people's lives, the demand for more diversity in visual communications has only increased," said Dr Rebecca Swift, Global Head of Creative Insights at Getty Images.

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LinkedIn to Downrank Engagement-Baiting Posts and Polls

LinkedIn | May 09, 2022

LinkedIn has decided to restrict the reach of several types of posts in user feeds. In addition, it has agreed to update its algorithm and ranking of content to ensure that the users get improved relevancy in their feed. The users on LinkedIn are currently bothered by the low quality, irrelevant, political and engagement baiting content. The users have also been observed to witness excessive polls. Therefore, LinkedIn will offer controls to the platform users for their preferred content choices to achieve the targeted approach. For the past six consecutive quarters, LinkedIn has been reporting the peak levels of engagement growth. And as the pandemic is being washed down, the interactions on LinkedIn seem to have picked up some traction. However, as the platform does serve the attention economy, it gets utilized for 'growth hacks' and algorithm manipulation to get the maximum content performance. While one may consider these practices fair to achieve brand awareness goals, when these tricks become the trend to be followed by the masses, it negatively affects the user experience. LinkedIn has started to make the following changes in its feeds. What users can get control over: "I don't want to see this" option: Users will be able to opt out of the irrelevant content from their feed if they come across it. In addition, the three dots of any post will let the users submit feedback about that post. "I don't want to see Political Content" option: As it suggests, users can report the political content and choose not to see such content. Currently, this option will be provided to the users in the U.S. In the LinkedIn blog post for these recent updates by Linda Leung Director of Product Management at LinkedIn, she states: "We heard from some of you that you don't want to see political content. To fix this, we're testing a way to give you the option to reduce political content in your feed. While we're only testing currently in the U.S., based on feedback we receive, we may further develop the feature and expand it to more regions and languages." Source: LinkedIn What users will see more of in their feed: Updated and relevant content from the user's network: LinkedIn will focus on filtering out the content which is not of interest to the user. For someone seeing a comment congratulating someone's job change may not be helpful; such interactions in one's feed will be reduced. "Staying up to date on your network is a key part of the feed, but that doesn't mean you need (or want!) to see all the activity from every single one of your connections. For example, you may not get a lot of value from seeing a connection's comment on someone else's post about a job change if you don't know that other person. That's why we'll be showing you more targeted activity from your network, and where you'll be more likely to join the conversation, too." LinkedIn Blogpost News and insights: The users will see more information-rich content coming from industry experts and thought leaders. LinkedIn says they have been told by many that the platform audience cares to hear from the industry leaders and experts to get useful insights. What users will see less of in their feed: Low-quality content: Misleading engagement baiting content will be hammered down, and it will not get any help from the LinkedIn algorithm. "We've seen a number of posts that expressly ask or encourage the community to engage with content via likes or reactions – posted with the exclusive intent of boosting reach on the platform. We've heard this type of content can be misleading and frustrating for some of you. We won't be promoting this type of content and we encourage everyone in the community to focus on delivering reliable, credible and authentic content.", from LinkedIn Blogpost. Unprofessional interactions/conversations: To ensure a constructive environment on the platform, LinkedIn is investing in the teams, tools, and technology to add value to the user's professional journey. LinkedIn said in its blogpost, "We work hard to keep the conversations and content on your feed safe and constructive to deliver the best possible experience for you. This includes taking action on content and profiles that violate our Professional Community Policies." And lastly, the polls: LinkedIn has received somewhat discouraging feedback regarding polls from the community. Therefore, LinkedIn will ensure only to display the relevant polls to the users. LinkedIn has promised to improve the content quality and experience on the platform. In the concluding remark, the LinkedIn Blogpost states: "We look forward to sharing more updates on how we're improving the content quality experience, so that you continue to have a safe, productive, and trusted experience whenever you come to LinkedIn."

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