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DIGITAL MARKETING NEWS

TV Ad Spending continues to Decline

The ever-growing gap between online and TV ad spending is expected to widen throughout 2018 as television sees record lows in reach and interest.

Online killed the TV star

As cord-cutting accelerates and OTT (over-the-top) viewing grows in popularity, TV ads have slipped a further 0.5% as television shares drop to a record low of 31.6%.

Though TV ad spending is expected to see a minor uptick in 2020, thanks to an election year and the 2020 Tokyo Summer Olympics, the number are expected to recede back into the negatives.

According to eMarketer director Monica Peart, “As ratings for TV programming coninute to decline, advertiser spending will also continue to see declines, especially in years that do not boast major events…”

Digital, the sexier beast

Total digital ad spending in the US is expected to climb 18.7% up to an impressive $107.3 billion with OTT platforms playing a pivotal role.

Roku US ads alone are projected to surpass $293 million, up 93% since 2017. Yikes. Meanwhile, Hulu’s US ad revenues will jump 13%, reaching a total of $1.12 billion thanks to an increase in subscriptions.

Have you “cut the cord” so to speak? What do you think the future holds for traditional cable companies? Let us know in the comment section below.

Learn with SMK through November

Start your SMK: Digital Excellence 7-day free trial today and unlock unlimited, on-demand access to hundreds of hours of digital masterclasses, training courses and hands-on tutorials.

Your risk-free trial offers the perfect opportunity to expand and upgrade your digital intellectual property.

Each month SMK releases 30 hours of new and updated social media and digital marketing educational course content, ensuring you never get left behind – be it on digital strategy, tactics or implementation.

Alongside this, SMK offers live help and support weekly within the SMK Working Group. It might be a quick fix or the root of a bigger problem; either way, a problem shared is a problem halved. On a day-to-day basis, SMK’s team gives you hands-on support and fresh ideas.

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November's Courses, Live Help & Support Options

Live Member Clinics every Monday & Tuesday from 1 pm – 2 pm AEST

  • Live help and support from SMK’s team of analysts.
  • Book in to request a personalised discussion for 15 or 30m via Zoom within the Facebook Working Group.

Weekly Technical Labs: Meta Business Suite on Wednesdays from 1 pm – 2 pm AEST

  • Technical Labs explore the technological process and workflows related to key digital marketing activities.

Google Analytics 4, Data Analysis & Evaluation Masterclass on Thursdays from 10 am – 12 pm AEST

  • Module 1: GA4 Optimisation, Key Features, Tools & Reports
  • Module 2: Setting up GA4 Conversions & Understanding Analytics Events
  • Module Three: Analytics campaign tracking and report analysis
  • Module Four: GA4 report round-up, conversion attribution & visualisation

Influencer Marketing Masterclass: Organic, Paid & Commerce on Fridays from 10 am – 12 pm AEST

  • Module 1: 2024 Influencer Marketing Trends, Forecasts & Opportunities
  • Module 2: Organic Influencer Marketing Best Practices
  • Module 3: Optimising Influencer Campaigns With Social Ads
  • Module 4: Evaluation, Reporting and Influencer Commerce

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