This IAB study finds that connected TV and paid search are expected to be the fastest-growing ad channels next year, while linear TV and other traditional media continue to shrink. More intriguing: marketers are focusing more investment on foundational tools like measurement and first party data, and less on specific ad channels. Download for deep dives into retail media networks and the metaverse.
It takes Google parent Alphabet less than thirty minutes to earn $13.2 million, so it’s hard to be impressed when they contribute that amount to a worthwhile cause. Still, let’s give them some credit for supporting Poynter Institute’s International Fact-Checking Network. How’s this: we won’t think anything bad about them for half an hour?
Kantar is also reading the media tea leaves. They find that audience fragmentation and higher ad costs are pushing marketers to rely more on their own resources: 80% want in-house segmentation tools; 78% of large businesses plan to strengthen their in-house data platforms; and 64% believe data quality will become more important. They also spy a counter-trend of consumers preferring real-world channels including sponsored events and ads in magazines, cinema, point of sale, and digital out of home.
RudderStack, which styles itself “the AI Data Cloud Native CDP”, has unveiled a suite of Data Apps running on its Customer 360 solution, which in turn runs within Snowflake AI Data Cloud. The apps support the fast delivery of data projects — for example, attribution data and propensity scores — from data teams to business stakeholders. They are now available to Enterprise Tier RudderStack customers on Snowflake.