CP+G, AKQA, Razorfish, MRM, Brunner, and other agencies reveal spending trends.
Seven out of eight ad agencies stated their clients' social media spends either doubled or were "up significantly" in January when compared to the same month in 2011. And brands this year have been - not surprisingly - more dialed into Facebook than Twitter, according to a survey orchestrated by ClickZ News.
"I think social has become fairly mainstream, and I think the education amongst our clients has improved substantially," said Adam Donnelley, an EVP at MRM, one of the agencies surveyed. "Facebook has managed to get more targeted and build broader reach, and that's clearly something coming up in conversations rather frequently."
Last month, we reached out to MRM and other agencies with major digital marketing clients to peek into where social media dollars were going. Crispin Porter+Bogusky, AKQA, Razorfish, Huge, Brunner, Rokkan, and Evolution Bureau rounded out the questionnaire participants.
We were particularly interested in what ad units are getting support from brands: Facebook Premium Ads; Facebook Marketplace Ads; Twitter Promoted Trends; Twitter Promoted Tweets; Twitter Promoted Accounts.
Here are the key findings:
Agency Crystal Ball: What Platform Will Reign Supreme?
We also asked brands to predict what platform would cause the biggest stir in 2012, based on recent client inquiries. Answers to the open-ended question varied, including Pinterest, Zynga, Facebook, Foursquare, Twitter, YouTube, and Stumbleupon.
Jeff Lanctot, Razorfish chief media officer, said that while Facebook's IPO and new ad strategy would likely win the day, other rainmakers will gain interest.
"Twitter will also be a big story, building on the success of American Express and other campaigns," he explained. "Pinterest will be the third [biggest], both for the quick way they've been able to build audience and revenue, and the looming copyright issues they'll need to address."
Rokkan CEO John Noe pointed to YouTube. "With the decline of TV and enhanced viewership of digital video," he said, "brands will try to compete for users' attention on YouTube and other video platforms."
Join the Industry's Leading eCommerce & Direct Marketing Experts in Chicago
ClickZ Live Chicago (Nov 3-6) will deliver over 50 sessions across 4 days and 10 individual tracks, including Data-Driven Marketing, Social, Mobile, Display, Search and Email. Check out the full agenda and register by Friday, August 29 to take advantage of Super Saver Rates!
Christopher Heine was a senior writer for ClickZ through June 2012. He covered social media, sports/entertainment marketing, retail, and more. Heine's work has also appeared via Mashable, Brandweek, DM News, MarketingSherpa, and other tech- and ad-centric publications. USA Today, Bloomberg Radio, and The Los Angeles Times have cited him as an expert journalist.
The Marketer's Guide to Customer Loyalty
Customer loyalty is imperative to success, but fostering and maintaining loyalty takes a lot of work. This guide is here to help marketers build, execute, and maintain a successful loyalty initiative.
The Multiplier Effect of Integrating Search & Social Advertising
Latest research reveals 68% higher revenue per conversion for marketers who integrate their search & social advertising. In addition to the research results, this whitepaper also outlines 5 strategies and 15 tactics you can use to better integrate your search and social campaigns.
September 23, 2014