Digital ad spending slowed in 2020 but picked up rapidly in 2021. In fact, digital ad spending only grew by 2.4% in 2020 but regained momentum and grew by a massive 17% in 2021, which azerbaijan mobile phone number translates to a massive 14.4% jump in one year. Digital ad spending is now $389 billion and is set to grow to $526 billion by 2024.
This clearly shows that if you want to stay ahead of the competition, you need to increase your digital ad spend and use it wisely.
Avoid making Facebook advertising mistakes that will cost you money. You will need to make money online to counteract its negative effects. Start with cheap Facebook ads as a test case.
Schedule your ads and select the right audience so your ads show at the right time and reach the people you want to convey your message to.
4. The key driver behind the increase in video usage is product and service information search.
According to video statistics, video will account for 80% of all internet traffic by the end of 2021. The number of video users will increase from 1.4 billion in 2016 to 1.9 billion in 2021. Do you know how many videos these users watch each month? All these video users watch 3 trillion minutes of video every month. Yes, you read that right. It's a trillion too. T
One of the main drivers behind this exponential increase in video consumption is the drive for consumers to research before making a purchase decision. They are using Kickstarter videos to discover products and services as well as brands. That’s why both B2B and B2C marketers are using video as a marketing tool .
Digital advertising spending reaches $389 billion
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