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Digital Marketing Trends: More Money Going to Proven Channels

by Ayaz Nanji  |  
February 11, 2014
  |  2,990 views

Both brand and agency marketers expect digital marketing budgets to continue to grow in 2014, according to a recent report from Conversant.

However, marketers and agencies are planning to primarily increase spend on proven channels, with a much smaller share going to unproven tactics.

Overall, agencies expect a 20% year-over-year growth in digital spend in 2014, and brand marketers expect a 38% increase.

Advertising and marketing decision-makers say video spending will continue to grow and will play a dominant role in their 2014 digital marketing plans. Approximately 61% of marketers surveyed plan to use the channel as part of their strategies.

Cross-device spend is also set to grow substantially, with 59% of advertisers planning to invest in the channel.


Below, additional key findings from the report, which was based on data from a survey of 200 senior-level agency and brand decision-makers with digital budgets of at least $2 million.

Personalization

  • 73% of marketers surveyed say personalized one-to-one digital marketing is the future.
  • However, marketers and agencies differ on the current effectiveness of personalization: 44% of marketers strongly agree that personalized messages are more effective than mass messages, compared with 30% of agency respondents.

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Ayaz Nanji is an independent digital strategist and a co-founder of ICW Content, a marketing agency specializing in content creation for brands and businesses. He is also a research writer for MarketingProfs. He has worked for Google/YouTube, the Travel Channel, AOL, and the New York Times.

LinkedIn: Ayaz Nanji

Twitter: @ayaznanji

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