Marketers are backing up the excitement around mobile, social and video with more ad dollars. Of the 20 major US brands surveyed by the Association of National Advertisers in March 2013, 65% said they were increasing their investments in mobile—the highest percentage of marketers upping investments in any channel studied. Only 10% planned to decrease mobile spend.
And marketers seem to have no hesitations about social, as 55% of respondents said they were putting more dollars to the format, while no advertisers reported decreasing social investments.
Video rounded out the top three channels with the greatest number of marketers increasing spend. Two out five marketers were upping their investment in video.
All three advertising formats are being aided by a broad audience who advertisers want to reach and engage. Growth in the number of social media users and online video viewers is reaching maturity in the US and has dipped to the single digits, according to eMarketer estimates. Meanwhile, the mobile internet is still set to see double-digit user increases during the next couple of years. READ MORE