Best Practices
CTV Trends For the Year 2024
11 Dec 2023In 2023, the advertising industry will rise. The global advertising revenue will experience a growth from US$763.7 billion to US$952.6 billion between 2022 and 2027, indicating a 4.5% Compound Annual Growth Rate (CAGR). In 2025, advertising will be on track to become the largest category, nearly reaching a trillion-dollar market, surpassing consumer spending and internet access. This can be clearly seen in the following diagram.
In 2022, global entertainment and media revenue grew by 5.4% to reach US$2.32 trillion. In 2023, Meta coined it 'the year of efficiency,' as major players reduced their workforce, resulting in over 168,000 job cuts in the tech sector during the first four months. Netflix cracked down on password sharing, and content spending by leading streamers, including Netflix, Apple TV+, Amazon Prime, Paramount+, Disney+, and Max, is projected to rise from US$23.2 billion in 2022 to US$26.5 billion in 2023, a 14% increase. Warner Bros. Discovery canceled films like Batgirl and closed CNN+ shortly after its launch, highlighting the industry's rapid changes. We can conclude that sluggish consumer spending is compelling companies to reevaluate their expectations and look for internal growth opportunities.
According to Statista, projections for the audio advertising market in 2023 are highly promising, with expected ad spending set to soar to an impressive US$38.75 billion. Traditional Radio Advertising is leading the way in this market, boasting a substantial market volume of US$28.61 billion for the same year.
Programmatic omnichannel marketing is an approach that harnesses multiple marketing channels to craft a tailored customer journey across all points where your brand interacts. This strategy seamlessly integrates experiences from in-store visits, online interactions, social media engagements, email communications, text messages, and even printed materials. Statistics showed that progress is being made with the most popular digital combinations display (66%), connected TV (CTV) (61%), in-app (60%), programmatic audio (53%), and video (50%).
Empowering Brands with The Art of DOOH Campaigns
13 Sep 2023Digital out-of-home advertising has emerged as a potent and efficient tool for agencies, elevating their advertising endeavors while captivating consumers through distinct and compelling means. In contrast to conventional static billboards and posters, DOOH strategically employs digital displays positioned in public spaces to disseminate dynamic and precisely targeted content. Among the various DOOH formats, digital billboards stand out as the most prevalent. Based on the information of Businessinsider, provided by the Outdoor Advertising Association of America, the count of digital billboards in the United States surged to 9,600 in the first half of 2020, marking a noteworthy upswing from the 6,700 recorded in 2016 – a remarkable 43.3% escalation over this relatively brief span of years.
In the past year, we demonstrated the advantages both publishers and advertisers can gain during the Black Friday, Halloween, and Christmas Eve seasons. We offered insights on optimizing budget planning and achieving substantial revenues. Thanksgiving festivities in 2023 are closer than we can think, so we are eager to provide valuable tips for running successful ad campaigns for advertisers and generating high revenue for publishers.
Once Again, About Video Completion Rate
23 Aug 2023We have previously touched upon the topics of video completion rate and defined what the VCR is. In this article, we have reviewed projections indicating the dominance of video ads in programmatic ad spend by 2022. Fueled by platforms like TikTok and Reels, it becomes increasingly crucial to increase the presence of video ads in campaigns and comprehend influential video ad metrics, such as VCR. However, in response to numerous requests from our partners, we now aim to delve deeper into this matter, examining crucial indicators associated with this metric.
At the onset of this year, the DecenterAds team made projections about programmatic advertising trends anticipated for 2023. Having reached the year's midpoint, we can assess the extent to which these predictions have gained significant relevance.
Programmatic DSPs Vs. Affiliate Networks
10 Jul 2023In 2022, the statistics revealed that mobile devices dominated video ad spending in the United States, accounting for 70.8%, while desktop and connected TV collectively captured 29.2% (Statista). Programmatic and display network advertising are essential components of any digital marketing plan. The critical inquiry lies in determining the optimal timing, placement, and approach for utilizing each method to enhance return on investment and achieve optimal outcomes in online advertising.
In today's eco-conscious world, businesses must consider their environmental impact, and programmatic advertising is no exception. Recent data from the VideoWeek Sustainability Advertising Guide 2023 reveals that the industry produces over 215,000 metric tons of carbon emissions every month in five leading economies, with 60% of emissions attributed to 'ad selection emissions' due to the complex supply chain.
According to Microsoft’s data, people start shopping for Halloween long before October 31. In fact, 45% of users are starting to shop for holidays as early as the first half of September! Not publishers nor advertisers have time to waste — but don’t let it scare you, as DecenterAds comes to the rescue with a Halloween checklist for both parties!