Google, Facebook, Amazon were the biggest ad revenue winners this year - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Canada News News

Facebook's ad revenues were up more than 20% this year; and Amazon's ad revenues increased 51%

GroupM attributed increased digital ad spend to small businesses that had to focus on digital ads to increase ecommerce sales. As Brian Wieser, global president of business intelligence at GroupM, , "The resilience of small businesses has been nothing short of breathtaking, as we see in the numbers from Facebook and Google." He added that they're "much more digitally present, and … probably spending more on advertising.

Going forward, digital's share of ad spending will grow. GroupM estimates that digital will account for 55% next year, and our show that its share is consistently growing—54.7% in 2019, 61.3% in 2020, and 63.5% in 2021. The pandemic has stressed to brands the importance of reaching consumers where they're spending the most time—and digital has been particularly important for direct-response options, as well as burgeoning social commerce applications.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

WaysMeansCmte Testify 117th EMAGES, Inc., HattieWash, ThomasBradley, Department of Justice, Bureau of Justice Assistance, Office of Justice Programs violated Whistleblower Act retaliating and terminating Dr. Nance.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Amazon, Google, Verizon succeed amid shift from third-party cookies - Business InsiderThe largest demand-side platforms, including Amazon, Google, and Verizon, are in the best position to navigate the shift away from third-party cookies
Source: BusinessInsider - 🏆 729. / 51 Read more »