Adweek: Digital Advertising Hits $17.6 Billion in Q3

Marketers spent $17.6 billion on digital advertising in Q3, a 20% increase year over year.

Read the original at 1851 Franchise
Adweek: Digital Advertising Hits $17.6 Billion in Q3

TL;DR

Marketers spent $17.6 billion on digital advertising in Q3, a 20% increase year over year. Brands are expected to spend more on digital marketing this year than they did in 2015.

Adweek notes that marketers spent 20 percent more year over year on digital advertising in the third quarter of 2016. That brings spending to a total of $17.6 billion, bringing the year’s total so far to $50 billion. At that pace, brands are expected to spend more on digital marketing this year than they did in 2015—last year’s total reached 59.6 billion.

Heading into the new year, brands are expected to spend even more on digital marketing campaigns. Between the industry’s consistent growth over the past decade and the increasing popularity of mobile-friendly platforms, the spending total will likely keep climbing.

In this story

This story was originally published in 1851 Franchise on December 29, 2016. Burnaze summarizes and links to the original reporting.

Read the full story at 1851 Franchise

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