There are some surprising -- and not-so-surprising -- things uncovered about contemporary teens in a new global study of the persons 13-17 released today by GroupM's Mindshare, MediaCom and Wavemaker
media shops. That they index incredibly high in terms of daily media usage of social media, messaging apps, texting, and search is not-so-surprising. That they are avid users of television may be. But
the most surprising insights are just how "super-savvy" the current generation of teenage consumers actually are.
Contrary to the overused Madison Avenue trope that contemporary teens are lazy, entitled "Millennials," a new global study from three GroupM media agencies finds the current youth population are the
savviest and most socially aware teenage generation to date. "Pragmatic, prudent, individual and aspirational," the report from Mindshare, MediaCom and Wavemaker says of today's teens, adding that
they are a "new breed of super-savvy consumers" that brand marketers need to understand and talk to in new and different ways."
Although 70% of U.S. broadband households think the economy will take a long time to recover, intentions for increased at-home video consumption and CE purchases remain solid, Parks Associates'
ongoing research on the pandemic's effects on consumer behavior and attitudes finds.
The COVID-19 pandemic has been a "perfect storm" that has accelerated adoption and usage of app-based TV viewing that has brought the OTT marketplace to an inflection point that is likely to
fundamentally alter the way advertisers and agencies plan, buy and think about the TV advertising mix. That's the top line conclusion of an in depth analysis of app-based TV viewing data being
released this week by independent media services agency USIM.
Comscore's revenue fell 8%, despite growth in TV and addressable TV, due to the pandemic's impacts. Cost cuts helped boost EBITDA.
Consumers are finally paying attention to how brands use their data and many distrust how it is used. KPMG surveyed 1,000 North American consumers to learn more on how they feel about data privacy.
The survey reveals consumers still agree data privacy is important, but now they want companies to take significant steps to better protect, manage and ethically use their data.
Just as China is expanding its share of the global economy -- surpassing the U.S. as No. 1 for the first time in 2020 -- the nation's ad economy will also expand its share of the global ad economy
significantly. According to just-released estimates from GroupM Business Intelligence's "This Year, Next Year 2020" report, China will see a marginal decrease in total ad spending in 2020, but its
2.8% decline is a third of the U.S.'s 7.6% decline and about a quarter of the world's 11.8% decline this year.
More individuals are considering putting up a website, but don’t want to spend the money to do it. While a website created by a dedicated designer may start off between $1,000 and
$3,000, nearly 55% of those participating in a survey from WebsiteToolTester wanted to spend $100 or less on building a website for a business venture. More than that, 22% would
want to create one for free. Some 40% of the 1,000 U.S. consumers surveyed in July have considered creating a website for a business or hobby due to the pandemic. Nearly 43% of
males and 36% of females, according to the findings. Some 53% of males and 60% of females said having the knowledge to create or design a website would be their biggest hurdle.
While the overall U.S. ad marketplace likely will experience it's worst recession at least since the 2008-09 financial crisis, the subsegment of business-to-business digital ad spending is expected to
grow marginally, according to new estimates released today by eMarketer. B2B marketers are projected to increase their digital ad spending in the U.S. by 22.6% to $8.14 billion in 2020. That's
actually a percentage point higher than the growth the segment experienced in 2019.
Following 14 waves of national consumer research, Mindshare's COVID-19 tracking study shows awareness of brands helping with the crisis has ebbed and now stands at its lowest point -- 30% unaided
awareness -- since its first wave in March. Online retailer Amazon remains the top brand mentioned by U.S. consumers as aiding them during the pandemic, but rival Walmart has slid behind automaker
Ford's awareness.
Kantar research also indicates that the average Quibi user has five SVODs, vs. the overall market average of three -- a level that could prove unsustainable.
Although TV network group execs may see ad revenue declines as temporary, chronic pay TV subscriber losses continue. Pivotal Research Group estimates the pay TV industry lost two million subscribers
in Q2, a 10% increase in the loss of subscribers from a year ago.
According to a study released Thursday by the Digital Citizens Alliance and technology firm NAGRA, about 9 million fixed broadband subscribers in the U.S. currently subscribe to at least one of 3,500
online "storefronts" retailing Internet Protocol TV services, which enable consumers to stream and download pirated copyrighted movies and TV programming.
According to a study released Thursday by the Digital Citizens Alliance and technology firm NAGRA, about 9 million fixed U.S. broadband subscribers currently subscribe to at least one of 3,500 online
"storefronts" retailing Internet Protocol TV services, which enable consumers to stream and download pirated copyrighted movies and TV programming.
Nielsen Holdings witnessed revenues sinking 8% to $1.5 billion in Q2, in line with expectations. Nielsen expects modest declines in the coming periods -- down 2% to 4% in revenues.
It may not be surprising by now that travel industry ad spending fell off the cliff in mid-March, just as America began locking down due to the COVID-19 pandemic, but this graphic delineation from
MediaRadar showing explicitly how hit correlates with the rise in new cases provides some perspective. With the exception of an inexplicable spike in ad spending in mid-June, just as cases were
beginning to rise again, the data suggests a direct correlation.
In the history of advertising and media industry financial asset dealings, few have been monetized more than Nielsen, which over decades has been merged, purged, taken public and private and public
again. And with it once again poised to be split up into two companies, ostensibly to create shareholder value, the equity research team at BMO Capital Markets has released a pre- and post- look at
the company's valuation. Interestingly, the "new" Nielsen does unlock some increased value, albeit marginally, with total enterprise value rising a .02% gain, and equity value increasing .08%.
Pathmatics estimates 180 brands joined the boycott, halting Facebook spend as early as late June to show their solidarity with the #stophateforprofit campaign. Here's what the data looks like.
Roku continues to post strong business metrics, beating many Q2 estimates. Revenue climbed to $356.1 million and Roku added 3.2 million monthly active users.
More than a third of all shoppers say retailers are failing to offer even the most primitive digital tools to make their lives easier.
The top brand by spend was Toyota ($28.1 million) which also had the most impressions (2.8 billion), per iSpot.tv.
Networks aired the least original shows in over a decade, Standard Media Index said. Ad spending was 2% higher in TV news content, on the plus side. Overall, Q2 witnessed a 19% decline. Since the
start of the COVID-19 pandemic, major media companies have been hit hard overall, with declines of 20% and higher.
The U.S. podcast advertising marketplace is on pace to top $1 billion in the next year, according to the first-ever estimates released by eMarketer this morning. Despite the fact that some podcast ad
campaigns were poised during the first half due to the COVID-19 pandemic, eMarketer expects the market to "rebound" in the third and fourth quarters with total 2020 spending rising 10.4% to $782
million, and surging 44.9% next year to $1.1 billion Following 2020's hiccup, eMarketer projects U.S. podcast advertising will surge 44.9% to $1.1 billion in 2021.
Sixty-nine percent of marketers have moved their programmatic media-buying all or partly in-house, but the reasons for doing so vary greatly by market, according to findings of the IAB's just-released
"International Report On Programmatic In-Housing." The report, conducted in conjunction with Accenture Interactive and based on a survey of marketers in the U.S., Europe, and Latin America, finds that
"campaign effectiveness" is a top factor for all regions, but in the U.S."ROI attribution" stands out as the biggest factor by a margin of more than two-to-one over every other market.
The tool business landscape has been growing more and more competitive each year. With sellers like Amazon and Walmart crowding the market; Craftsman needed to come up with a strategy that put their
products front-and-center with shoppers during the competitive holiday season. With a very limited budget, Craftsman leveraged influencers and social media...
This year is projected to be the strongest year for ecommerce, with 22% growth driven by the massive shift from offline to online.
When it comes to the fastest-growing segment of media-buying -- programmatic -- in-house is now the norm for most clients worldwide. That's the finding of a new report released this morning by the
IAB. While the trend should not be surprising to anyone who has been following media buying for the past decade, the stat may be: Only 15% of advertisers say they have no plans to bring programmatic
media-buying in-house.
While consumers are watching their budget, they're also more impulsive, with 35% calling themselves impulse shoppers, up from 28% in 2019.
The Census Bureau is sending emails to 20 million households for which it has email addresses. It is also considering texting.
GroupM's Mindshare unit had the best first half of 2020, increasing its revenue by $52.2 million over the same period a year ago, according to estimates released today by consultant R3 Worldwide.
Omnicom's OMD ranked second, generating $45.5 million in revenue gains for what arguably has been the most challenging first half in recent memory, due to the COVID-19 pandemic.