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Choozle 2021 Mid-Year Digital Advertising Trend Report Reveals Consumer Behavior Continues to Impact Campaign Strategy
Wednesday, August 4, 2021
Mid-year trend update shows cross-device and third-party data targeting is on the rise
DENVER, July 27, 2021 /PRNewswire/ -- Choozle, a self-service programmatic ad platform, today released the findings of its 2021 mid-year digital advertising trend report. The report, which includes insights gathered from over 4,000 advertisers during January 1, 2021, to June 30, 2021, explores the trends of digital advertising campaigns run through their platform to better understand channel usage, tactics, and performance metrics.
The results revealed that as consumer behavior continues to shift from desktop to mobile, marketers are also changing their overall strategies to target across multiple devices. It also brought to light that many consumers are unaware of how these developments affect them. Some of the key results were as follows:
Device Types & Usage
-- Mobile has continually been the leading digital advertising device in
2021, taking up 49 percent of the budget allocation. An increase of 16
percent since the end of 2020 shows that consumer behaviors have shifted
to being outside of their homes again, and marketers have responded by
moving budgets to mobile devices in order to stay in front of consumers.
-- Connected TV usage in digital advertising campaigns continues to
increase in adoption, growing by 21 percent since the end of 2020. The
increased usage coupled with strong video completion rates (VCR) at 97
percent highlight the benefit it provides for marketers.
Targeting Tactics & Performance
-- Marketers seem to be testing more targeting strategies as they prepare
for the end of third-party cookies. Trends show that more digital
advertising campaigns have used third-party data (from 35 percent to 42
percent) and contextual targeting (from 6 percent to 16 percent) since
the end of 2020.
-- Despite higher CPMs, marketers have increased the usage of third-party
data targeting because they see higher CTRs, highlighting how this
targeting strategy enables reaching the right audience.
-- Marketers have moved on from IP address targeting in 2021 with usage
decreasing by 20 percent as businesses offer more hybrid work options,
which impacts the effectiveness. Instead, marketers are using
account-based marketing or third-party data strategies to reach this
core audience.
"The survey showcases a broad shift in the digital advertising landscape since the start of the year," said Megan Sullivan-Jenks, Choozle Senior Director of Brand & Product Marketing. "While consumer behavior adjusts to being more multi-channel, results did reaffirm that consumers are expressing a greater affinity towards connected devices and being served advertisements through streaming services. However, it may be in the best interest of marketers who have pillared their efforts in trends such as video or voice to revisit their strategies to incorporate all device types if they wish to stay ahead of ever-changing consumer behavior."
To learn more about Choozle and the recent 2021 Mid-Year Digital Advertising Trend Report, please visit https://choozle.com/docs/2021-Midyear-Key-Findings-Report.
About Choozle
Choozle - Digital Advertising Made Easy® - provides a digital advertising software platform that leverages detailed consumer data to power programmatic advertising campaigns across display, video, mobile, audio, connected TV, digital out-of-home, and other mediums - all from a single, intuitive interface. Choozle combines the sophistication of multiple digital advertising tools, a demand-side platform, data management platform, and smart tag management into a single platform. Designed for advertising agencies and marketing departments, Choozle has democratized the ad tech ecosystem with its intuitive, elegant, and affordable solution. www.choozle.com
Contact: Megan Sullivan-Jenks
Stephanie Plieness 970-744-3340
marketing@choozle.com
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SOURCE Choozle
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