Marketing, E-commerce and Digital Design, Product Management, Brand Development, Design, Advertising and Consultancy

Digital marketing spend to hit $118bn by 2021, but budgets will shift to experiences

on Jan 26, 2017 | 0 comments

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