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Social media overtakes paid search as world’s largest advertising channel

Inside Retail

Social media is now the world’s largest channel for advertising investment, with Western platforms growing the fastest driven by Chinese brands targeting US and European audiences. WARC Media said that social media has overtaken paid search in advertising investment and is forecasted to reach $247.3 billion this year, up 14.3

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Inflight retail and advertising market set to boom

Inside Retail

The inflight retail and advertising market is forecasted to reach $5.1 Based on the end-user, MarketsandMarkets anticipates the business aviation segment to lead the inflight retail and advertising market from this year to 2029 with the highest CAGR. A MarketsandMarkets study estimated a 7.8 A MarketsandMarkets study estimated a 7.8

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ACCC continues clampdown on influencers over misleading advertising

Inside Retail

It found that 81 per cent of these influencers made posts that raised concerns for potentially misleading advertising. We found that many influencers were formatting their posts to hide their advertising disclosure or make it difficult for consumers to notice it. Up to 96 per cent of fashion influencers reviewed made such posts.

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Why contextual targeting is the future of digital advertising

Inside Retail

As demand for online advertising increased, algorithms were developed to match ads with relevant website content. As author Cory Doctorow observes, platforms often shift over time, prioritising their interests over users and advertisers. Partner with these websites to explore advertising opportunities that go beyond banner ads.

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From Mad Men to machines? Big advertisers shift to AI

Inside Retail

Some of the world’s biggest advertisers, from food giant Nestle to consumer goods multinational Unilever, are experimenting with using generative AI software like ChatGPT and DALL-E to cut costs and increase productivity, executives say. Media value is the cost of advertising needed to generate the same public exposure.

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Declining returns push brands to diversify advertising channels

Inside Retail

Privacy and data regulations – such as Apple’s App Tracking Transparency Framework – have severely limited the data that brands and advertisers can collect on users of these channels. Brands seeking to break away from the Google-Meta duopoly in the digital advertising market need to be agile and adaptable to match today’s digital landscape.

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How retailers are getting more out of TikTok advertising

Inside Retail

To those who are only just getting up to speed with the advent of TikTok, the prospect of advertising and brand-building on the platform represents an as-yet-untapped opportunity. Understanding how to approach new platforms is an issue that’s been part of the advertising industry since its earliest days.