Digital marketing spend to hit $118bn by 2021, but budgets will shift to experiences
By Lisa Lacy
Technology and market research company Forrester forecasts digital media spending will increase to $118bn by 2021, but it projects this spending will slow overall as marketers emphasize brand experiences over volume-based advertising strategies and budgets are reallocated to reflect this trend.
That’s according to Forrester’s latest US Digital Marketing Forecast.
“We are seeing a shift away from quantity, toward quality. Within the next five years, we anticipate investment in ad impressions going down. Instead, marketing budgets will go towards brand experiences, CX and in-store experiences and knowledge of sales agents – the things that will help demonstrate brand Read full story ›
Source: The Drum




