A new report from Turn outlines which advertising markets are the most competitive and which sectors are heating up the global programmatic race.
The arts and entertainment sector is 60% more competitve, travel is 57% more competitive and electronics and computers are 56% more competitive.
Have a read of the report here.
Further details in the release below.
"Sydney, Australia. – February 25, 2014 – The programmatic marketing race is heating up, with advertiser categories such as arts & entertainment and telecom becoming up to 60% more competitive, according to the new Advertising Intelligence Index from Turn (turn.com), the marketing software and analytics platform. The report is the first to apply global standard economic models to measure trends in advertiser share of voice within the growing global programmatic advertising landscape. It offers marketers insights about when, where, and how to use digital advertising to best reach their most valuable audiences in highly competitive industry categories.
The report covers data-driven marketing trends across the Americas, Asia-Pacific, Europe, the Middle East and Africa from January 2013 through January 2014.
The global analysis found that competition comes at a price within digital channels, with eCPM (effective cost-per-thousand impressions) for social, display and video advertising increasing year-over-year for January 2014 compared with January 2013. The exception is mobile: despite increasing competition throughout the year, increased supply appears to have prevented higher prices.
In addition, proof of the surge in data-driven marketing is borne out by the 28% increase in use of first- and third-party data by brands looking to get an edge as they compete for consumer attention.
The report (accessed at http://turn.li/2014FebInsights) highlights many invaluable insights for marketers competing to reach relevant audiences through cost-effective digital advertising strategies.
Along with revealing for the first time data on competition within key industry sectors – such as apparel, financial services, food, and home and garden – the report includes a wealth of global and regional insights that highlight the dynamics of the real-time advertising marketplace. This is based on an analysis of data from the Turn platform, which every day makes nearly 100 billion data-driven advertising decisions, analyses over 1.5 billion anonymous customer attributes, and provides instant access to billions of digital ad impressions – resulting in an unmatched ability to provide game-changing insights.
According to the Turn Advertising Intelligence Index, the top five global programmatic advertising verticals making the biggest moves to become more competitive from January 2013 – January 2014 were:
1. Arts, entertainment and hobbies – 60% more competitive
2. Travel – 57% more competitive
3. Electronics and computers – 56% more competitive
4. Financial services – 52% more competitive
5. Telecom – 51% more competitive
The top five industry vertical categories making the biggest moves to become less competitive globally from January 2013 – January 2014 were:
1. Sports and recreation – 121% less competitive
2. Jewelry – 55% less competitive
3. Office products – 46% less competitive
4. Autos – 41% less competitive
5. Real estate – 29% less competitive
“Global advertisers are always looking for an edge to determine which channels, devices, and times are most effective to reach their most valuable audiences,” says Paul Alfieri, vice president of marketing, Turn. “By applying economic models to real-time marketplaces, Turn provides marketers with key insights about how to compete for consumer attention and deliver greater advertising ROI.”
Turn provides three real-time marketing applications: Audience Suite, an enterprise data management and audience planning platform; Campaign Suite, a digital media execution platform for video, mobile, social, and display advertising; and DataMine Analytics, a data exploration, optimisation and warehousing solution purpose-built for marketers. Globally, Turn works with the world’s top brands, agencies and trading desks, including Accuen, Aegis, AMNET, Chrysler, Experian, Microsoft, OMD, Thomas Cook, Toyota, Travelers, Verizon, VivaKi and Zales."
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