Digital advertising exceeded traditional U.S. media spending for the first time in 2019 and will account for two-thirds of the total by 2023, according to this PubMatic report. You knew that programmatic transactions and mobile ads are dominant. But did you realize that private marketplaces accounted for 49% of U.S. real-time bidding spend in 2019 and will reach 51% in 2020?
I guess we’ll eventually feel that privacy technology is over-hyped and stop paying attention to it. But that hasn’t happened yet, so you probably still care that BigID has just raised a $50 million Series D, bringing their total funding to $146 million. BigID helps companies find personal data in their systems and has recently added products to fulfill data access requests under privacy regulations.
Even Jamie, our tireless Senior Intern in the Department of Obvious, doesn’t have much today. He did find a Socialbakers report that 96% of paid social ads are viewed on mobile devices. Also: Walmart is the most common brand associated with Instagram influencers, which must mean something but I don’t know what.
Just over half of consumers (54%) like to receive personalized messages because they show the consumers are known to the brand, plus they can be time savers. The rest (46%) find it at best unimportant, at worst creepy. Relevance far outstrips personalization when it comes to driving email opens (54% vs. 19%). Takeaway: treat each customer the way they prefer.