Two-Thirds Of Brands Plan To Increase Their Programmatic Ad Spending, Study Finds

Roughly two-thirds of marketers will increase their programmatic ad budgets in the months ahead and the remaining third will reduce them, according to Programmatic Advertising-Strategies, Tactics And Trends, a study by Ascend2.

Of those polled, 37% expect an increase of 10% or less. But 15% foresee a hike of 11-24%, and 14% anticipate an increase of 25% or more.

At the same time, 70% see themselves as somewhat successful at achieving their strategic objectives, 23% as very successful or best-in-class, and 7% as unsuccessful.

Their major challenges at this moment in time are: 

  • Audience targeting — 46%
  • Budget allocation — 37%
  • Personalization — 32%
  • Achieving ROI — 30%
  • Data quality — 30%
  • Ad creative — 22% 
  • Program and channel management — 21% 
  • AI/machine learning — 8%

Their main objectives for programmatic ad campaigns are: 

  • Driving sales — 53% 
  • Lead generation — 47%
  • Build awareness — 47%
  • Customer retention — 36%
  • Social engagement — 22%
  • Lead nurturing — 18% 
  • Community building — 16%
  • Message/offer testing — 14%

Their most effective tactics include: 

  • Audience targeting — 73%
  • Keyword targeting — 41% 
  • Retargeting — 27% 
  • Contextual/targeting — 26%
  • Geotargeting — 25% 
  • Testing creative — 22% 
  • Increasing automation — 20% 

To conduct programmatic ad buying, 53% use both outsourced and in-house resources, while 29% rely on in-house staff only and 18% use outside specialists.

Ascend2 and its Research Partners surveyed a panel of marketing professionals and research subscribers. 

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