According to industry experts, within the approaching months, digital is
predicted to grow further as clients come and drive some revenue.
After the onslaught of a pandemic that crippled advertising as a complete, positive growth has been witnessed in advertising volume on the digital medium as compared to the April and May figures within the TAM Adex Television & Digital Advertising Report for Q1.
As per the information, June 2020 saw 46% more ad volumes compared to May 2020 with week 26 (June 21-27, 2020)registering 38% more ad volumes compared to week 23 (May 31-June 6). Further, June 2020 registered a rise within the number of categories and types compared to April-May 2020. While the number of categories rose to 341 in June as against 332 in April, the number of brands advertised grew to 2,811 in June’20 as from 2,617 in April’20.
The report shows a resurgence in ad insertions per day during June’20 on the digital medium post facing a call April-May’20.
The medium saw a 23% call in April but it gradually picked up bringing the drop to 5 within May, and in June digital advertising witnessed a 27% growth in ad volume.
Moreover, the drop by ad insertions on digital as compared to the constant period last year is the smallest amount for June. In March-May’20 the ad insertion drop compared to March-May’19 was at a mean of 48%. An additional hack shows that visit digital ad insertions compared to last year was at 44% in March, 53% in April, and 47% in May but the difference has reduced to 23% in June.
Shradha Agarwal, COO, Grapes Digital explained, when sharing insights on the digital ad front, “When pandemic struck, advertising went on a freeze. nobody was spending except during a few sectors like FMCG, Pharma, and Online Education. All clients wanted to attend and see what was going to happen. With the convenience in lockdown rules, there was some hope but the transactions have still been minimal. Some brands in Pharma and FMCG saw it as a chance to try to brand campaigns as people were picking anything available on the shelf and loyalty was decreasing with flickering
customers, but the spending wasn’t an equivalent. And tons of brands in
retail, hospitality, and confectionary reduced the spending to zero or kept it
minimal since they were still to ascertain any traction. Hence, the general
spend had to be lower on digital than last year.”
The month of June 2020 witnessed over 415 categories and quite 9,000 advertisers with over 10,500 brands advertising on the platform in comparison to April-May’20.
According to industry experts, within the approaching months digital is predicted to grow further as clients come and drive some revenue.
After the onslaught of pandemic that crippled advertising as a complete , a positive growth has been witnessed in advertising volume on the digital medium as compared to the April and may figures within the TAM Adex Television & Digital Advertising Report for Q1.
As per the information, June 2020 saw 46% more ad volumes compared to May 2020 with week 26 (June 21-27, 2020) registering 38% more ad volumes compared to week 23 (May 31-June 6). Further, June 2020 registered a rise within the amount of categories and types compared to April-May 2020. While the number of categories rose to 341 in June as against 332 in April, the quantity of brands advertised grew to 2,811 in June’20 as from 2,617 in April’20.
The report shows a resurgence in ad insertions per day during June’20 on the digital medium post facing a call April-May’20.
The medium saw a 23% call in April but it gradually picked up bringing the drop to 5 within the month of May, and in June digital advertising witnessed a 27% growth in ad volume.
Moreover, the drop by ad insertions on digital as compared to the constant period last year is the smallest amount for June. In March-May’20 the ad insertion drop compared to March-May’19 was at a mean of 48%. An additional hack shows that visit digital ad insertions compared to last year was at 44% in March, 53% in April, and 47% in May but the difference has reduced to 23% in June.
Shradha Agarwal, COO, Grapes Digital explained, when sharing insights on the digital ad front, “When pandemic struck, advertising went on a freeze. nobody was spending except during a few sectors like FMCG, Pharma, and Online Education. All clients wanted to attend and see what was going to happen. With the convenience in lockdown rules, there was some hope but the transactions have still been minimal. Some brands in Pharma and FMCG saw it as a chance to try to brand campaigns as people were picking anything available on the shelf and loyalty was decreasing with flickering customers, but the spends weren’t an equivalent . And tons of brands in retail, hospitality and confectionary reduced the spends to zero or kept it minimal since they were still to ascertain any traction. Hence, the general spend had to be lower on digital than last year.”
The month of June 2020 witnessed over 415 categories and quite 9,000 advertisers with over 10,500 brands advertising on the platform in comparison to April-May’20.
