Wednesday, July 09, 2014

Marketers: Plan to Spend More on Twitter than Facebook?


Ad Age surveyed its readers on how advertisers are spending on Facebook, Twitter and Youtube. The interesting outcome was that Marketers plan to increase their marketing budget for Twitter rather than Facebook.

Couple of months ago, Ad Age and RBC Capital Markets jointly conducted their fifth major survey of marketer attitudes toward social media. The survey polled 1,682 executives at marketing, agency and media companies for their opinions on Facebook, Twitter and YouTube (the third was included for the first time). The result was that marketers tend to spend less money on social media advertising compared to their overall marketing spending.


In terms of which social-media channels they use more in their marketing campaigns, the vast majority indicated Facebook (84%), followed by Twitter (74%), followed by Youtube(56%). You may all be aware of that “organic reach” on Facebook started declining dramatically since fall, a fact that upsets marketers. You may wonder why this incline occurs. A simple reason is that more and more content is being created and shared everyday. There is more content, than there is time to absorb it. This makes marketers turning towards paid Facebook ads.

But as marketers plan for the upcoming year, they appear to be looking more at Twitter. According to AdAge, nearly half of the respondents (44%) indicated that they had increased their spending on Twitter over the past 6 months and 63% said they planned to do so by next year. Also, more marketers surveyed said they plan to decrease spending on Facebook (11%) than on Twitter (7%).


Be cautious Facebook, you’ll cross the line second.

Read the entire AdAge's article here.

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