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Innovations in Search and Social Advertising: December 2023/January 2024

Basis

The post Innovations in Search and Social Advertising: December 2023/January 2024 appeared first on Basis Technologies. . — Want a monthly digest of all the best digital marketing articles, POVs, and reports delivered straight to your inbox? Sign up for the Basis Scout newsletter !

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Martech spending falls to lowest level in 10 years

Martech

in 2023, according to Gartner’s 2024 CMO Spend Survey. Top channels include search (13.6%), social advertising (12.2%) and digital display advertising (10.7%). Marketing technology spending fell this year, reaching its lowest level in a decade, according to a new Gartner report. Martech is now getting 23.8%

MarTech 117
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11 Social Media Advertising Trends You Can’t Ignore in 2023

Single Grain

In this post, we’ll go through the social media advertising trends that are expected to rise in popularity – and that you should consider adding to your social advertising strategy. Work With Us Which Social Media Platforms Should You Focus On? How can brands use search advertising on social media?

Media 73
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From the Super Bowl to the Olympics, AI companies are spending more on AI-related advertising

Digiday

The findings, based on data provided by MediaRadar, also show the total number of companies buying ads to market AI products increased from 186 in 2023 to 575 so far in 2024. According to MediaRadar, TV advertising accounted for 54% of all AI-related ad spend. The remaining 7% was a mix of print, native, OTT, and mobile advertising.

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Four key social media advertising trends for 2023

Banner Flow

By the end of 2021, Statista predicts social advertising spend could reach $153,974 million – that’s projected to grow by 10.93% annually to $233,137 million by 2025. To keep pace with competitors, you should make a robust social media advertising strategy an important aspect of your overall marketing plan.

Media 52
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Marketers under pressure to cut martech spend

Martech

Marketing budgets remain flat in 2023 having failed to climb back to pre-COVID levels. CMOs do propose to increase social advertising spend, but among the categories likely to take a hit are search advertising, SEO and digital OOH. But almost one quarter, 23%, do expect to make cuts.

MarTech 112
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How AI is Transforming Social Media Advertising

Basis

Artificial intelligence is transforming the world of social media advertising—and fast. Social advertisers are seeing a boom in AI-powered advertising tools, and teams are facing increased pressure to embrace them to harness the speed and efficiency they promise. Maybe… or maybe not.