26 February 2013

Marketers Increasing Ad Budgets for Social Media

Reversing a trend that I noted in yesterday's class, marketers are increasing their advertising on social media sites, according to a report from eMarketer.
"Advertisers’ appetites for paid advertising on social media sites shows no sign of abating in 2013. According to a study conducted for digital brand measurement provider Vizu by Digiday, 64% of US advertisers planned to increase their paid social media ad budgets this year, with just 2% saying they intended to spend less money in 2013 than they did in 2012 on paid social ads." Read more.

eMarketer also reports that "marketers worldwide are continuing to invest in making sense of the surge of data produced by digital interactions with customers—68% said they will increase data-related marketing spending in 2013 and just 3% planned to decrease spending, according to a study by Infogroup Targeting Solutions and Yesmail Interactive." Read more.

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