Early Holiday Spending Surges, but Consumers Aren’t Finding Massive Deals

With a shortened holiday season, retailers cranked out a slew of promotions over Thanksgiving weekend, leading consumers to spend heavily. Sales are expected to reach $41 billion during the five-day shopping period between Thanksgiving and Cyber Monday, according to ecommerce data tracked by Adobe. Consumers spent $6.1 billion–a 8.8% year-over-year increase–on Thanksgiving this year, according…

Brands Are Planning to Shake Up How They Pay Media Agencies

Only 27% of global advertisers believe their current pay structure with their media agencies is fit for the future, and 75% say they’ll amend how they pay within the next three years. The World Federation of Advertisers (WFA) and advisory firm MediaSense surveyed 80 marketing, media, and finance leaders from multinational brands representing more than…

Brands Are Planning to Shake Up How They Pay Media Agencies

Only 27% of global advertisers believe their current pay structure with their media agencies is fit for the future, and 75% say they’ll amend how they pay within the next three years. The World Federation of Advertisers (WFA) and advisory firm MediaSense surveyed 80 marketing, media, and finance leaders from multinational brands representing more than…

Inside The Pitch Deck Used by Data Validation Firm Truthset to Raise $5M

San Francisco-based data intelligence firm Truthset announced it raised $5 million in Series A funding last week, a sum it wants to put to improving the accuracy of consumer data powering the ad industry. The firm claims an eye-popping 60% of consumer data is inaccurate, leading to waste and reduced profitability for marketers, according to…

First-Party Data Deal: Zeta Global to Acquire LiveIntent for $250M

Harnessing first-party data remains a priority for marketers despite Google pulling back on its plans to deprecate third-party cookies, and Zeta Global’s acquisition of LiveIntent marks the latest example. Zeta Global is an artificial intelligence-powered marketing cloud platform that uses its AI technology and first-party data to help brands analyze customers’ pre-purchase actions and behavior…

Dave & Buster’s Unveils How It Boosts Customer Data Collection

After Google said it would no longer deprecate third-party cookies earlier this summer, many in the ad industry collectively sighed at the four years of effort preparing for a future that would never happen. But for restaurant and entertainment company Dave & Buster’s, preparing for the end of cookies helped it understand how flawed third-party…

Websites Keep Tracking People Who Ask Not to Be Tracked, Flouting Privacy Regulations

Years after the European Union and California enacted sweeping user data privacy protections to clamp down on covert sharing of people’s data, lots of websites are still tracking users who ask not to be tracked, several new studies have found. Conversations with more than half a dozen privacy experts and practitioners said this reality is…

Meet 16 Execs Building Ad Businesses From Brands Like Chase and Home Depot

Every company from retailers to banks are looking to cash in on ad revenue. The rise of retail media promises advertisers the ability to target and measure ads using first-party data like sales, email addresses, and loyalty programs. Non-retailers like United and JPMorgan Chase as well as specialty retailers like Sephora have jumped into advertising…

How Much Advertising CEOs Made in 2023 Compared to Their Employees

Two CEOs of major advertising holding companies are above average — at least in one sense. Public filings show Omnicom’s John Wren made $20.2 million in 2023. His total compensation, which includes salary, bonus, equity awards and other forms of financial remuneration, was 382 times more than the median pay of Omnicom’s 75,900 employees. Interpublic’s…

How the Democratic Party Can Quickly Define the Kamala Harris Brand

After President Joe Biden ended his 2024 presidential campaign, the Democratic Party has a new challenge: quickly reintroducing Vice President Kamala Harris as the next president. Since Biden dropped out of the race on July 21, a majority of Democratic delegates have endorsed Harris, making her the likely candidate to run against Republican former President…

GroupM Midyear Forecast Shows Marketers Are Spending More, Faster

Global advertising will grow 7.8% and reach $989.8 billion by the end of this year, according to WPP media investment firm GroupM’s This Year Next Year 2024 Global Midyear Forecast. In 2025, the group expects growth to slow down to a 6.8% rate, but reach a new milestone when spending hits $1.1 trillion. A more…

3 Key Takeaways From Brian Wieser’s 2024 U.S. Ad Growth Forecast

U.S. advertising spending should grow 6.3% in 2024, according to a forecast released by Brian Wieser, an advertising industry analyst and founder of the consultancy, Madison and Wall. Wieser, who earlier this year forecast a slightly lower growth rate of 5.6%, acknowledges the market is growing better than previously expected. Wieser expects total advertising spend…

Google Delays Cookie Deprecation For The Third Time

Pack away those tired cookie crumbling metaphors until 2025, as Google has once again delayed the death of the third-party tracking cookie in its Chrome browser. This is the third reprieve Google has given cookies since it first promised to phase them out in 2020. The next year, it pushed the date back to 2023,…

3 Things Marketers Should Know About Magna’s Latest Ad Forecast

U.S. advertising spending is growing faster than analysts thought it would back in December, according to a forecast released by Interpublic Group’s investment arm, Magna. Interpublic Group’s investment arm Magna expects total advertising spending will grow 9.2% to $369 billion–excluding political spending and tentpole events like the Olympics. Back in December, Magna predicted 2024 ad…

ID Spoofing Dents Campaign Performance

When sell-side tech partners identify users in cookieless environments in ways that are unclear to the buy-side, campaign performance suffers, data shows. Go figure. These practices, dubbed ID spoofing, have been under increased scrutiny since February and are the subject of conversations within the IAB Tech Lab. While it’s tricky to fully detect when ID…

Large Brands Are Still Advertising on Made-for-Advertising Websites After Industry Outcry

Almost a year after the industry outcry over made-for-advertising inventory and months since many ad-tech firms have devised solutions to address the problem, ads from large brands are still being served on spammy websites, new research from Adalytics has found. Adalytics found examples of hundreds of large brands advertising on made-for-advertising websites, facilitated by most…

Exclusive: Cookie Deception Sparks Tension Between Buy and Sell Side in IAB Tech Lab

Buy-side tech platforms are accusing publishers and the tech firms they work with of using deceptive practices to identify audiences in discussions happening within the IAB Tech Lab over the past month, ADWEEK can exclusively report. These tactics, spurred by signal loss, can obscure digital marketing efficacy, making techniques like conversion tracking and frequency capping…

How Attention-Guaranteed Media Buys Will Impact the Industry

The so-called attention economy is fractured, and its leaders largely disagree about how and when publishers should guarantee attention to advertisers. While vendors are largely bullish on attention guarantees and their potential impact on the advertising market, other industry players tend to be more cautious. Omnicom Media Group agency OMD continues to conduct attention measurement…

Why Brands Should Prioritize How Pessimistic, Short on Cash Consumers Experience Their Products

People feel a collective sense of foreboding, having lived through the pandemic years, according to Dipanjan Chatterjee, vp and principal analyst at Forrester Research. Speaking at ADWEEK’s Commerceweek event this week in New York, Chatterjee explained that 48% of people are worried about the next 10 years. In fact, more people are worried about the…

Google Joins Steering Group to Help Identify AI-Generated Content

Google is the latest firm joining the Coalition for Content Provenance Authenticity (C2PA), a group that includes agency Publicis Groupe, the BBC, Adobe and Microsoft, which aims to identify artificial-intelligence-generated digital content, among other efforts. The proliferation of AI-generated content is on the rise, contributing to the spread of misinformation, making watermarking AI content more…