Uploaded on Dec 9, 2020
PPT on Unbelievable Global Growth of Advertising and Marketing industry.
Unbelievable Global Growth of Advertising and Marketing industry.
UNBELIEVABLE GLOBAL GROWTH OF THE ADVERTISING AND MARKETING INDUSTRY INTRODUCTION For hundreds of years, advertisement has grown to become a central driving force behind the global economy. The third decade of the 21st century wil l see a new wave of technical possibi l i t ies reach the market. Source: www.smallbizgenius.net ADVANCE TECHNOLOGY As ads gets a face-l i ft, virtual and augmented reality can bloom, with old methods bound for the scrap heap. We pored over an assortment of credible promotional surveys to paint a clearer image of the current landscape and recognise increasing developments within the industry. Source: www.smallbizgenius.net STATISTICS OF UNBELIEVABLE GLOBAL GROWTH SOCIAL MEDIA Budgets for ads on social media have doubled globally, from $16 bil l ion in 2014 to $31 bil l ion in 2016. Source: www.smallbizgenius.net DIGITAL AND MOBILE In 2019, spending on digital ads worldwide was projected at US$ 333.25 bi l l ion. The market is rising at an impressive pace and is predicted to reach $517 bi l l ion in 2023. Source: www.sasblogs.net GOOGLE ADS Google, the American multinational technology corporation, generated 116 bi l l ion US dollars in digital advertisement sales in the 2018 fi scal year. Facebook and Twitter made 55 and 2.6 bi l l ion U.S. dol lars on advertising, respectively in comparison. Source: Wikipedia ADVERTISING COSTS Average advertising costs are between $9,000 and $10,000 a month for small business operations that use Google Ads as part of their online advertising campaign. For online ad targeting, 76 percent of advertisers struggle to use behavioural data. Source: www.smallbizgenius.net INDIAN MARKET SIZE India's digital advertising industry is projected to expand to cross the Rs 25,500 crore (US$ 3.8 bil l ion) mark by 2020 at a compound annual growth rate (CAGR) of 33.5 percent. Source: www.smallbizgenius.net VISUAL ADVERTISING 84 percent of people foresee the production of content by brands. Around 45 percent of B2C marketers claim that visual advertising is their most valuable content form, while 88 percent of B2B marketers agree that content production makes the company a rel iable and trustworthy platform for their audience. Source: www.smallbizgenius.net PUBLICITY CAMPAIGN Chanel produced the most costly publicity campaign of al l t ime. It cost $33 mil l ion, of which Nicole Kidman, who appeared in the video, was paid $3 mil l ion. Source: www.pngtree.net DISPLAYING THE BRAND REPEATEDLY Advert isers also employ a "aff ective condit ion" tact ic where they take a product and put i t next to other products for which people are good. Detergent brands often al ign themselves with infants, sunl ight, and roses, for instance, even i f detergent has l i t t le to do with those things. Displaying the brand repeatedly alongside feel -good pictures helps individuals care of the product more posit ively. Source: www.crowdspring.net
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