A blog for students of Professor Kagan's Digital Marketing Strategy course to comment and highlight class topics. From the various channels for marketing on the internet, to SaaS and e-commerce business models, anything related to the class is fair game.
Monday, July 07, 2014
The crisis brings cars to digital..
It's not a news that since financial crisis, the auto industry is facing hige challenges and is restructuring itself..
It seems that the new trend this year is trying to get customers through a great digital marketing effort.
The figures leave not doubt:
- 20% more compared with 2013 for a total of arounf 6 billions dollar
- Forecasted growth to around 10 B$ in 2018, the Auto Industry is projected to become the second largest digital marketing spender in US (after retail)
Inside marketing budget the most growting channel is mobile, around 35% of the total marketing expense.
More details:
http://www.thesocialinnovation.com/blog/automotive-digital-ad-spending-increases-getting-the-most-bang-for-your-buck#.U7tpRrco8eE
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