What’s in store for the travel advertising industry in 2015? If there’s one thing we love here at Strauss Media, it’s a good infographic. The folks at Expedia Media Solutions and PhoCusWright did not disappoint.
In 2015, expect to see:
Robust Growth: Travel display ad spend will top $395 million in 2015, compared with $366 million in 2013.
Increased Social and Video Advertising: Eighty-five percent of advertisers are using Facebook to reach consumers; a clear win when you compare it with statistics for Foursquare/Twitter promoted tweets (46 percent) and Twitter lead generation cards (45 percent). Additionally, the number of travelers who used online video for travel planning has steadily grown, reflected in the tripling in social and video ad budgets between 2011 and 2015.
Trends on the Horizon: Social ad targeting and retargeting technologies will be on the rise. Forty-six percent of marketers claim social media is effective at generating brand awareness, while 28 percent of marketers identify social media as useful in driving leads or purchases.