Saturday, April 18, 2020

Coronavirus impact on advertising

Business Insider had an interesting article explaining how the coronavirus is impacting the advertising agency.  Some interesting points in regards to digital:

  • No surprise, Amazon is seeing an uptick on marketing from essential goods brands
  • Google and Facebook will take a hit in the short term but ad business will be stronger in the end
  • D2C companies are cutting ad spend and upping their homemade content 
  • D2C companies giving out free samples to build brand awareness/loyalty

https://www.businessinsider.com/breakdown-of-coronavirus-impact-on-advertising-industry-2020-3

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