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Research Outline
Prepared for Megan | Delivered January 9, 2020
Media Consumption Habits of Advertisers
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Goals
To obtain the media consumption habits of advertisers in the automotive, Consumer Packaged Goods (CPG), entertainment, and pharmaceutical advertising industries.
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Early Findings
Media Consumption Habits of Advertisers
In the past, advertisers would
use town criers
. This evolved to the use of radio, TV ads, and newspaper.
In
2020
, advertisers are using
digital devices
and social media for their advertising.
Advertisers promote brands where people are likely to be paying attention. One survey by eMarketer shows that
in 2018
, people spend
over 6 hours
on digital technology and
2 hours
on their desktops or laptops.
They also spend close to
4 hours watching the television
,
1 hour listening
to the radio and
less than 30 minutes reading
the newspaper.
Since
2015
, global advertisers have been spending more of the advertising dollar on internet ads.
Nielsen reports that advertising spend on TV ads increased from
$59 billion to $61 billion
between
2015 and 2019
. Radio ads decreased from
$3.4 billion to $3.3 billion
between
2016 and 2017
.
Digital ads are expected to grow from
$83 billion to $129.23 billion
in
2021
.
Advertisers are now turning to video ads as video account for
over than 50%
of total media consumption by consumers.
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