Valentine’s Day 2021: What Digital Marketers Need to Know This Year

Valentine’s Day 2021: What Digital Marketers Need to Know This Year

Valentine’s Day 2021 may look a little different (surprise!), but love always prevails, doesn’t it? Retail has held steady during the worst of the coronavirus pandemic, while the holiday itself has evolved in its own way to be more inclusive and creative. Digital marketers should adjust messaging to the times, maximize contextual targeting and optimization, commit to a multi-channel approach, and more. Read the data and recommendations for a successful holiday of love below. 

 

Spending Habits

In 2020, consumers in the US reported an average spend of $196 on Valentine’s Day, an increase of 21% over 2019, according to research from the National Retail Federation (NRF). (eMarketer, February 2020)

  • Age 35-44 had the highest average expected spending in 2020: $358.78
  • Age 65+ had the lowest: $99.14

→ Target and adjust messaging content towards Gen X.

 

Favorite Gifts

Candy: More than half (52%) of US internet users planned to purchase sweets for Valentine’s Day, ranking above flowers, an evening out or jewelry in 2020. (eMarketer, February 2020) A combined 62% of internet users spent on an experience: evening out, tickets to an event, trip, or spa. Due to coronavirus safety concerns and varying mandates across the country and world, we predict that Valentine’s Day gift-givers will steer away from those experiences and instead shift to creative, at-home entertainment and experiences to celebrate. Offer creative ideas or products to inspire them.

Types of Gifts US Internet Users Intended to Purchase in 2020:

  • 52% Candy
  • 43% Greeting Cards
  • 37% Flowers

(NRF via eMarketer, February 2020) 

→ Offer creative ideas or products to inspire consumers

 

Retail as an Indicator for Valentine’s Day 2021

If we gauge retail ecommerce habits as a worthy indicator of how spending will continue into Valentine’s Day, then expect more shoppers to order online this year versus last. Thanks to ecommerce, retail stayed afloat during the worst of the coronavirus pandemic and consumers in turn developed new levels of comfort with online ordering.

Retail Spending Rebounds During COVID:

  • New research by Mastercard shows U.S. ecommerce sales were up 92.7%  in May 2020, with more than $53 billion spent via ecommerce channels between April and May—the height of the pandemic. For scale, that’s more spent online than that last 12 Cyber Mondays combined (DigitalCommerce360).
  • Between July and August 2020, total retail sales in the United States rose by 0.6%. During this period, retail sales of clothing and clothing accessory retailers grew by 2.9%, rebounding from consistent and heavy declines in February, March, and April (Statista, September 2020).  

→ Consumers are more comfortable ordering online. Make it easier for them & offer incentives.

 

Digital Ad Spend: Multichannel Approach

Engagement via mobile device continues to grow year after year, and consumers – especially shoppers – are consistently utilizing a multi-channel approach to read, research, engage with brands, and ultimately buy.

Retail Digital Ad Spend by Digital Marketers:

  • eMarketer expects retail to remain the largest spender on digital ads among all verticals. The industry will increase spending by 3.1% to $28.23 billion. (eMarketer, October 2020)
  • Retail ad spending on mobile will surpass $18 billion this year, and desktop/laptop spending will reach nearly $10 billion. 
  • Mobile had a 106% higher CTR than Desktop in 1H 2020 on Bidtellect’s platform, so it’s imperative to implement a multi-channel approach  (Bidtellect 1H 2020 Native Report)

→ Utilize a multichannel approach and scale across the open web to reach more of your target consumers

 

Breaking the Valentine’s Day Mold:

Who Needs a Partner? Treat Yourself

55% planned to celebrate Valentine’s Day in some way in 2020. But even those who answered “Not celebrating” did in some way. 35% of 18-25 year olds said their non-traditional Valentine’s Day gift or celebration would be “Treating Yourself.” (NRF, 2020 Valentine’s Day Spending Survey)

Lovers & Friends & Family Count, Too:

Valentine’s Day isn’t just for significant others, spouses, even casual lovers anymore. Parks and Recreation may have dubbed the holiday “Galentine’s Day” to celebrate friendship, but gift-giving seems to span across all relationships, including family and coworkers (Saturday Night Live even wrote a spoof about it). Since 2010, spend on Valentine’s Day gifts for friends has nearly tripled, from $737 million to $2.1 billion (NRF, February 2020). Retailers have adapted with more inclusive products that “allow for casual or non romantic gift giving” (eMarketer, February 2020).

Valentine’s Day Spend on Others in 2020

  • Significant Other/Spouse: $14.1 billion
  • Other Family Members: $4.2 billion
  • Friends: $2.1 billion 

(NRF, 2020 Valentine’s Day Spending Survey)

Don’t Forget One’s Most Loyal Companion: Your Furry Friend

Don’t forget your furry friends! Valentine’s Day spending on that very special pet in your life has also increased. In 2020, 27% of those celebrating Valentine’s Day said they’d buy gifts for their pets, up from 17% in 2010 (NRF, February 2020). Spend on pet gifts has grown exponentially, from just $450 million in 2010 to more than $1.7 billion a decade later (NRF, February 2020).

The trend is not just being driven by younger consumers like millennials and Gen Zers; spending on gifts for pets has grown among all shoppers under the age of 55.

→ Valentine’s Day now means a day to show appreciation to people and pets that you love – including yourself. Cater messaging to this broader definition and don’t limit spend or targeting.

 

We hope this data on Valentine’s Day trends, shopping habits, and digital marketing strategy help you make 2021 your more successful year yet! 

 

PLUS: 6 Steps to Success for Valentine’s Day 2020:

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Bidtellect Charlotte Otremba employee photo

Charlotte Otremba ​is the Sr. Manager of Marketing and Communications at Bidtellect.

Which Social Platforms Banned Trump and How to Adjust Your Creative Messaging. This Week in Digital Advertising: January 8th

Hello Bidtellectuals! When I began to draft this newsletter at the beginning of the week, the sentiment was still an excited and hopeful “Happy New Year!” Well, it feels as though 2020 is having a good laugh at us. We send our fervent hopes and prayers to Washington...

Valentine’s Day 2021: What Digital Marketers Need to Know This Year

Valentine’s Day trends and predictions for 2021. The holiday has evolved to be more inclusive and creative. Digital marketers should adjust messaging to the times, maximize contextual targeting and optimization, commit to a multi-channel approach.

This Week in Digital Advertising: Holiday Content Roundup, Festive Cocktails, Google Gets Sued (Again), and Latest News

This Week in Digital Advertising: Holiday Content Roundup, Festive Cocktails, Google Gets Sued (Again), and Latest News

This Week in Digital Advertising: Holiday Content Roundup, Festive Cocktails, Google Gets Sued (Again), and Latest News

This Week in Digital Advertising: Holiday Content Roundup, Festive Cocktails, Google Gets Sued (Again), and Latest News

Hello Bidtellectuals!

Merry Christmas and Happy Kwanzaa to all those who celebrate! Here’s to a brighter 2021!

Congratulations to our Bidtellectual of the Week: a shoutout to Rob, Ashley, Cory, Vicky, Nick, TJ, and Katie who epitomized the meaning of teamwork to go above and beyond for a client!

Holiday Cocktail Recipes? Yes, Please

The holidays may look a little different this year, but wherever you are, you could probably use a cocktail. Our last Quarantine Cocktail Recipes post was a hit, so we slapped on a Santa hat, sprinkled a little magic, and found some new ones. Who knows, maybe one of these will become a new holiday tradition? 

Read it here:

Yeah, We Had To: Holiday Cocktail Recipes That’ll Make Santa Smile

 

Last Call for Holiday Campaigns!!!!!! Here’s a Roundup of Content to Help:

 

The Latest: Beeswax, Google, Washington Post, and Best Ads of 2020

  • FreeWheel Buys Beeswax: Comcasts’s video ad tech company has been increasing its buy-side capabilities over the last couple of years. Beeswax is known for its bidder-as-a-service and customizability. It remains to be seen how the partnership will look re: branding, exclusivity, technological integration, and more.

  • 38 States And Territories Sue Google Over Its Alleged Search Monopoly: Less than 24 hours after Google was hit with an antitrust lawsuit re: its ad tech business, 38 states and territories served up another suit focused on Google’s monopoly over the search market. BOOM.

  • WashPost Becomes The First Publisher To Join Unified ID 2.0 . Well, hello there!

  • Adweek released its 25 Best Ads of 2020. Obvi Satan is on there. Which is your favorite?

  • ICYMI: Adexchanger’s Programmatic Power Players list is live. We are on this list. It make us proud. We’re in good company, so check it out.

Bidtellect Ugly Sweater Happy Hour Zoom Screen Grab 2020

Good News: COVID Vaccine, Cookies & Castles, Ugly Sweater Happy Hour

  • Have you listened to Dolly Parton’s Holly Dolly Christmas Album yet? It features duets with artists like Michael Bublé, Miley Cyrus, and Willie Nelson.

  • The Pfizer COVID vaccine is now being administered to healthcare workers and others, and Vice President Mike Pence will receive it live on television today to build public trust. Moderna’s is on now track to be approved soon. Is the end in sight? My hopes are high for 2021.

  • Cookies & Castles went off without a hitch! Congratulations to Bidtellectual Katie Broussard. Read more about her amazing work here.

  • Cheers to a fun Ugly Sweater Happy Hour! See photo above!

Happy Holidays!

Charlotte

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Charlotte Otremba is Sr. Manager of Communications and Marketing at Bidtellect.

Which Social Platforms Banned Trump and How to Adjust Your Creative Messaging. This Week in Digital Advertising: January 8th

Hello Bidtellectuals! When I began to draft this newsletter at the beginning of the week, the sentiment was still an excited and hopeful “Happy New Year!” Well, it feels as though 2020 is having a good laugh at us. We send our fervent hopes and prayers to Washington...

Valentine’s Day 2021: What Digital Marketers Need to Know This Year

Valentine’s Day trends and predictions for 2021. The holiday has evolved to be more inclusive and creative. Digital marketers should adjust messaging to the times, maximize contextual targeting and optimization, commit to a multi-channel approach.

This Week in Digital Advertising: Holiday Content Roundup, Festive Cocktails, Google Gets Sued (Again), and Latest News

This Week in Digital Advertising: Holiday Content Roundup, Festive Cocktails, Google Gets Sued (Again), and Latest News

Yeah, We Had To: Holiday Cocktail Recipes That’ll Make Santa Smile

Yeah, We Had To: Holiday Cocktail Recipes That’ll Make Santa Smile

Happy Holidays! The holidays may look a little different this year, but wherever you are, you could probably use a cocktail. Our last Quarantine Cocktail Recipes to Spice Up Your Routine was a hit, so we slapped on a Santa hat, sprinkled a little magic, and found some new ones. Enjoy these holiday cocktail recipes to try!

peppermind winter wonderland christmas holiday cocktail in maritini glass

Winter Wonderland

Wow, if something screams “candy cane” plus “Christmas” it’s this, baby. I’m dying to try this and it feels like the perfect dessert holiday cocktail.

Ingredients

  • 1.5 oz vodka
  • .75 oz peppermint schnapps
  • .75 oz white chocolate liqueur
  • Candy cane
  • Red sugar

 

Method

Mix and chill ingredients. Pour into a red sugar-rimmed martini glass. Garnish with a candy cane hanging on the rim.

From Morimoto Asia at Walt Disney World in Orlando, Florida via Town and Country Magazine. 

gin apple fiz cocktail glass with apple

Gin Apple Fiz

This cocktail has been a go-to at my home this Fall – it’s easy to make and easy to adjust to taste. It’s the perfect pre-dinner cocktail that feels special while not complicated. Enjoy!

.Ingredients

  • 2 oz Alibi Gin
  • .25 oz lemon juice
  • Agave nectar, to taste
  • Sparkling apple cider
  • Garnished with thyme and apple

Method

Pour gin in shaker, add lemon juice and agave nectar, shake, and then pour into a high ball glass and top with sparkling cider. Garnish with fresh thyme and an apple slice.

From The Ebbitt Room at the Virginia Hotel in Cape May, NJ via Town and Country Magazine.

north pole nog spiced eggnog in glass with cinnamon stick

North Pole Nog

Yeah, no one feels like making homemade eggnog. Especially in 2020 (unless it’s the next sourdough trend, and if that’s the case, then how far have we fallen?) Anyway, combining spiced rum and bourbon adds a wonderful depth to this eggnog akin to a warm hug. Choose your favorite ‘nog – this list can help – and get spikin’. You can easily triple (or more) the recipe and serve in a glass pitcher. Bonus: there are great egg- and dairy-free eggnog options, too, so all the more reason to drink more? 

.Ingredients

  • 6 oz eggnog
  • 1 oz spiced rum
  • 2 oz bourbon
  • 1 tbsp ground cinnamon, for garnish
  • Cinnamon stick, for garnish

Method

Add spiced rum and bourbon to eggnog and stir to combine. Sprinkle with cinnamon. Top with cinnamon stick, for garnish

From Andrea Correale of Elegant Affairs via Town and Country Magazine.

cranberry margarita in glass holiday cocktail

Cranberry Margarita

I couldn’t not add a margarita – and a holiday margarita? Yes, please. I’ll be making this tonight, probs (def).

.Ingredients

  • 2 oz cranberry Juice
  • 1 oz fresh lime juice
  • 1.5 oz blanco tequila
  • .5 oz Cointreau (optional)
  • .25 oz simple syrup or agave syrup
  • Fresh cranberries and lime for garnish

Method

Combine all ingredients in a shaker filled with ice. Shake until outside of shaker is frosty and cold. Pour into a salt rimmed glass over fresh cubes. Garnish with cranberries and lime wheel.

Created by Trisha Antonsen, chief cocktail officer at Drizly.com via Town and Country Magazine.

.

swedish glogg mulled wine glass

Swedish Glögg

Glögg is a Swedish spiced mulled wine with a little more oomph than your usual ho-hum forgotten-ten-dollar-wine-you-threw-on-the-stove-and-hoped-for-the-best. In Sweden, glögg is served at every meal in December and signifies the start of the holiday season.  The number of ingredients makes this look a little more complicated than it is; once on the stove, this glögg will fill your home with the scent of the holidays.

.Ingredients

  • 2 cinnamon sticks, broken into pieces
  • 1 tsp. cardamom pods
  • 1 small piece ginger, peeled
  • Zest of ½ orange
  • 6 whole cloves
  • ½ cup vodka
  • 1 750-ml bottle dry red wine
  • 1 cup ruby port or Madeira
  • 1 cup granulated sugar
  • 1 Tbsp. vanilla sugar
  • ½ blanched whole almonds
  • ½ cup dark raisins
 

Method

  • Crush cinnamon and cardamom in a mortar and pestle (or put them on a cutting board and crush with the bottom of a heavy pot.) Transfer to a small glass jar and add ginger, orange zest, cloves, and vodka. Let sit 1 day.
  • Strain vodka through a fine-mesh sieve into a large saucepan; discard spices. Add wine, port, granulated sugar, vanilla sugar, almonds, and raisins and heat over medium just until bubbles start to form around the edges.
  • Ladle glögg into mugs, with a few almonds and raisins in each one. Keep any remaining glögg warm over very low heat until ready to serve (do not let it boil).
 
This recipe is adapted from the cookbook ‘Aquavit and the New Scandinavian Cuisine,’ by Marcus Samuelsson via Bon Appetit.

We hope you enjoy these easy holiday cocktail recipes and give them a try – at home, with family, or wherever the holidays (safely) take you this year. It’s never been more important to relish the little things that bring joy. Who knows, maybe one of these will become a new holiday tradition? Happy Holiday Cocktail -ing and sending you love from the Bidtellect family!

Want more need-to-know info? Subscribe to our monthly Bidtellectual newsletter!


Charlotte Otremba is Sr. Manager of Communications and Marketing at Bidtellect.

Which Social Platforms Banned Trump and How to Adjust Your Creative Messaging. This Week in Digital Advertising: January 8th

Hello Bidtellectuals! When I began to draft this newsletter at the beginning of the week, the sentiment was still an excited and hopeful “Happy New Year!” Well, it feels as though 2020 is having a good laugh at us. We send our fervent hopes and prayers to Washington...

Valentine’s Day 2021: What Digital Marketers Need to Know This Year

Valentine’s Day trends and predictions for 2021. The holiday has evolved to be more inclusive and creative. Digital marketers should adjust messaging to the times, maximize contextual targeting and optimization, commit to a multi-channel approach.

This Week in Digital Advertising: Holiday Content Roundup, Festive Cocktails, Google Gets Sued (Again), and Latest News

This Week in Digital Advertising: Holiday Content Roundup, Festive Cocktails, Google Gets Sued (Again), and Latest News

This Week in Digital Advertising: SPO, Programmatic Power Players, and Taylor Swift Saves 2020?

This Week in Digital Advertising: SPO, Programmatic Power Players, and Taylor Swift Saves 2020?

Hello Bidtellectuals!

The celebration of Hanukkah is underway! Sending a Happy Hanukkah to all those who celebrate!

Congratulations to Bidtellectual of the Week Carolina Escobar, who fights for the very best user experience on our platform each day!

SPO: The Future Is Already Here. What’s Holding Us Back?

These days, there are more hops in the programmatic supply chain than a well-crafted IPA.  In one PwC study, 15 advertisers had nearly 300 distinct supply chains to reach 12 publishers. Craig Aron, Bidtellect SVP of Growth and Strategic Business Development, dives into the issue on Adexchanger: the answer is already here, but there’s one thing holding the industry back. Read the piece here.

 

On 2021: Colors of the Year and eMarketer Predictions (and Facebook)

  • eMarketer released its 10 Key Digital Trends for 2021 and there’s nothing too surprising: privacy will still be on everyone’s minds, with an emphasis on first-party data and new targeting techniques. It’s also stark reminder that things won’t be “bouncing back to normal” anytime soon. Digital events will reign, as will streaming and social entertainment.

  • We’ll still all be talking about Facebook in 2021, since the FTC just sued the social media giant for monopolization and years-long anticompetitive practices to maintain its dominance.

  • And Pantone announced 2021’s colors of the year: “Ultimate Gray” and “Illuminating” Yellow. Apparently they signal natural strength and positivity.  We’ll take it.

 

Adexchanger’s Programmatic Power Players

It’s the the digital marketing industry’s first searchable guide to the best agencies, tech providers and partners in the business. Bidtellect earned a spot on the coveted list and we’re in great company! Check it out here.

Bidtellectual Spotlight: 

Katie Broussard Makes a Difference for Dallas Children This Holiday Season

As Chair of the hugely popular annual Cookies & Castles fundraiser, Katie Broussard would usually be gearing up for a big day of decorating. Instead, the event benefitting Scottish Rite for Children Orthopedic hospital in Dallas, TX has had to adapt to the pandemic with a whole new operation.

Read more about her amazing work here.

Katie Broussard and Co-Chair Cookies & Castles Event Scottish Rite

Good News: Taylor Swift, Secret Santa, Workouts on Us 

Everyone: 2020 can’t get any worse
Taylor Swift: Hold my drink

  • Taylor Swift dropped a second surprise album at midnight and it’s giving us all the feels.

  • Elfster is the coolest virtual Secret Santa and its underway here at Bidtellect! We highly recommend it for teams big or small. We also loved Holiday Trivia yesterday on Kahoot! Thanks to Courtney for organizing!

  • Bidtellect is offering a free workout class this Wednesday at 12pm EST! (See below!) It’s been a hit – don’t miss out!

 

Stay safe, friends,

Charlotte

Get this right to your inbox every Friday! Add your email below:


Charlotte Otremba is Sr. Manager of Communications and Marketing at Bidtellect.

Which Social Platforms Banned Trump and How to Adjust Your Creative Messaging. This Week in Digital Advertising: January 8th

Hello Bidtellectuals! When I began to draft this newsletter at the beginning of the week, the sentiment was still an excited and hopeful “Happy New Year!” Well, it feels as though 2020 is having a good laugh at us. We send our fervent hopes and prayers to Washington...

Valentine’s Day 2021: What Digital Marketers Need to Know This Year

Valentine’s Day trends and predictions for 2021. The holiday has evolved to be more inclusive and creative. Digital marketers should adjust messaging to the times, maximize contextual targeting and optimization, commit to a multi-channel approach.

This Week in Digital Advertising: Holiday Content Roundup, Festive Cocktails, Google Gets Sued (Again), and Latest News

This Week in Digital Advertising: Holiday Content Roundup, Festive Cocktails, Google Gets Sued (Again), and Latest News

This Week in Digital Advertising: Santa Brought Gen 5.0, Black Friday Breakdown, Satan

This Week in Digital Advertising: Santa Brought Gen 5.0, Black Friday Breakdown, Satan <3 2020, and more.

Hello Bidtellectuals!

Congratulations to Bidtellectual of the Week John Allen!

The Latest: Generation 5.0

ICYMI: Just in time for the holidays, Bidtellect gifted the world/announced Generation 5.0 of its nDSP! To offer more insight into the advancements, we chatted with Santa himself/Bidtellect Chief Technology Officer Mike Conway. Mike explains in his own words how the advancements benefit advertisers, from optimization to insights to usability and privacy. We cover why its important to continue innovating and what he’s proudest of. Don’t miss it. 

Black Friday and Cyber Monday: What Happened?

Sales on Black Friday fell short, while Cyber Monday broke records. While experts projected massive growth this holiday season, it looks like it will be slightly lower but still an increase from last year. Let’s not forget it’s only December 4th. With a shift to online ordering, expect shopping to continue right until the end of the month.

  • Shoppers spent an average of $312 on Black Friday weekend, a 14% drop from $362 in 2019 (NRF)

  • Americans spent a record $10.8 billion online on Cyber Monday, up 15% from last year, making it the largest online shopping day in U.S. history (Adobe Analytics)

  • Amazon on Tuesday said this holiday season was the biggest of its 26-year history.

  • Adobe Analytics revised down its online holiday sales forecast by $5 billion, to $184 billion. Last year, Americans spent $142 billion online.

Some rationale: expectations for Black Friday were high. But holiday sales started back in October, plus consumers turned primarily to online shopping, still wary of in-store browsing. It’s no surprise Black Friday – typically an in-store frenzy – fell short. Meanwhile, even with the stock market crushing it, unemployment benefits are running out for many Americans; uncertainty about the coronavirus and economic hardship puts a damper on shopping.

⇨ Holiday Advertising 2020: Top 3 Best Practices for Digital Advertisers

⇨ Holiday Creative Assets: The Naughty and Nice List

Salesforce, Podcasting, and Clicks as the Original Sin

  • Salesforce bought Slack for a whopping $27.7 in a “match made in heaven” according to Salesforce CEO. Some even predict the move might render email obsolete in five years (yeah, ok).

  • Amazon is dipping its foot in the podcast game, reportedly in talks to buy podcast production network Wondery. Amazon is everywhere!

  • Meanwhile, the IAB Tech Lab has released a new set of Podcast Measurement Technical Guidelines (2.1) for public review, which offers standard metrics for both podcast content and podcast ads.

  • This op-ed talks Digital Advertising Sector’s Original Sin: making clicks the holy grail of engagement metrics. While it certainly hinders privacy, clicks also don’t give a true measure of engagement.

Good News!

  • Ryan Reynolds and Taylor Swift gave us all a much-needed laugh with this “Match Made in Hell” commercial of Satan and 2020.

  • No-kill, lab-grown meat is about to go on sale for the first time.

  • Sales are rockin’!! Keep shopping!! Here are some of the best deals.

  • Bidtellect is offering a free workout class this Wednesday! (See below!)

 

Stay safe, friends,

Charlotte

Get this right to your inbox every Friday! Add your email below:


Charlotte Otremba is Sr. Manager of Communications and Marketing at Bidtellect.

Which Social Platforms Banned Trump and How to Adjust Your Creative Messaging. This Week in Digital Advertising: January 8th

Hello Bidtellectuals! When I began to draft this newsletter at the beginning of the week, the sentiment was still an excited and hopeful “Happy New Year!” Well, it feels as though 2020 is having a good laugh at us. We send our fervent hopes and prayers to Washington...

Valentine’s Day 2021: What Digital Marketers Need to Know This Year

Valentine’s Day trends and predictions for 2021. The holiday has evolved to be more inclusive and creative. Digital marketers should adjust messaging to the times, maximize contextual targeting and optimization, commit to a multi-channel approach.

This Week in Digital Advertising: Holiday Content Roundup, Festive Cocktails, Google Gets Sued (Again), and Latest News

This Week in Digital Advertising: Holiday Content Roundup, Festive Cocktails, Google Gets Sued (Again), and Latest News

This Week in Digital Advertising: Gen 5.0, Thanksgiving, eMarketer Prediction Shake Ups

This Week in Digital Advertising: Gen 5.0, Thanksgiving, eMarketer Prediction Shake Ups

Hello Bidtellectuals!

Congratulations to Bidtellectual of the Week Courtney Bonkowski!

The Latest:

Big news: Bidtellect announced Generation 5.0 of its nDSP. This is a huge accomplishment and a culmination of 2+ years of platform advancements. The work of our product and technology teams, along with all those who worked tirelessly to anticipate the needs of clients and industry shifts, have led to the creation of one of the most performance-driven, client-first, and brand- and privacy-safe platforms in the space.

Coronavirus Crisis: Resource Hub

Since the coronavirus crisis upended life in the United States and Canada in March, Bidtellect has been tracking its effect on industries, advertisers, and consumer habits. Now, you can access all of the research, best practices, and resources related to coronavirus in one place: our Coronavirus Crisis Resource Hub.

Need to adjust your strategy to shifting consumer travel? Check out the hub. Need to adjust creative messaging to resonate with consumers without sounding like a downer? Check out the hub. Growing quarantine beard? Drinking at noon? Check out the hub. There are research reports, one sheets, blog posts, videos and more.

eMarketer’s Forecasting Shocks

I’d trust eMarketer to predict my own life projection before anyone else, but even coronavirus shook up my Research Romeo’s 2020 predictions. In their latest report, eMarketer broke down which industries and trends are swaying from their initial pandemic predictions. Here are some highlights:  

  • Retail ecommerce is crushing projections, but brick & mortar has come up short 
  • More US adults than predicted will participate in digital banking this year
  • Adults in the US will spend 64 more minutes with media per day than originally predicted.
  • Other Booms: Smartphone use, Digital Video, TikTok, Mobile Proximitity Payments, Food & Bev Ecommerce, Click & Collect

 

Facebook Strikes Again

Well, this is fun. For nearly a year, advertisers using Facebook’s conversion lift studies tool were unknowingly being fed faulty data. The cause? A code error undercounted reached conversions in conversion lift tests by several thousand advertisers between Aug. 15, 2019, and Aug. 31 of this year.

Advertisers use conversion lift studies, a free tool provided by Facebook, to measure the incrementally of their Facebook ads and make decisions about their Facebook spending. With incorrect data, those decisions would be severely compromised or incorrect. Advertisers have felt increasingly disillusioned with social media spending.

Thanksgiving 2020: A Little Different

Thanksgiving will likely lose its title as the busiest travel time of the year this year. AAA anticipates at least a 10% drop in travel – the largest one-year decrease since the Great Recession in 2008, while the CDC has urged Americans to rethink travel plans and large gatherings for the holiday.

All this to say, Thanksgiving will probably look a little different this year: maybe you’re not seeing your family, maybe dinner is over Zoom, maybe you’re still undecided.  But regardless: Happy Thanksgiving my friends! From all of us at Bidtellect, we are so grateful for you and your support this year. We are sending extra love to all of those who weathered tragedy and trials this year. May 2021 be the best year yet. 

 

With love,

Charlotte

Want more need-to-know info? Subscribe to our monthly Bidtellectual newsletter!


Charlotte Otremba is Sr. Manager of Communications and Marketing at Bidtellect.

Which Social Platforms Banned Trump and How to Adjust Your Creative Messaging. This Week in Digital Advertising: January 8th

Hello Bidtellectuals! When I began to draft this newsletter at the beginning of the week, the sentiment was still an excited and hopeful “Happy New Year!” Well, it feels as though 2020 is having a good laugh at us. We send our fervent hopes and prayers to Washington...

Valentine’s Day 2021: What Digital Marketers Need to Know This Year

Valentine’s Day trends and predictions for 2021. The holiday has evolved to be more inclusive and creative. Digital marketers should adjust messaging to the times, maximize contextual targeting and optimization, commit to a multi-channel approach.

This Week in Digital Advertising: Holiday Content Roundup, Festive Cocktails, Google Gets Sued (Again), and Latest News

This Week in Digital Advertising: Holiday Content Roundup, Festive Cocktails, Google Gets Sued (Again), and Latest News