Instagram Stories and Video Ads Become Branding Staples in Social; Investment in Apple Search Ads Accelerates
Kenshoo, a global leader in marketing technology, released The Kenshoo Q1 2019 Quarterly Trends Report, and accompanying infographic, detailing Q1 spending growth in social (27%), paid search (11%) and Ecommerce Channel Ads (ECA) (83%) on a year-over-year (YoY) basis. As Kenshoo continues to expand its support for myriad ad types within key publishers, more trends emerge that highlight the value of each stage in the consumer journey, including:
- On a same-advertiser basis, ECA grew faster than both search and social
- Across all Kenshoo advertisers, Pinterest clicks and spending increased 2x or more compared to last year
- Since launching on Kenshoo Apps in Q3 2018, spending on Apple Search Ads across all Kenshoo advertisers on the platform increased 89%
- As both volume and share of video ads has increased in social, click-through rate has declined over the past five quarters
- Mobile ads comprised 84% of social and 50% of search spending in Q1
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Detailed findings on social and paid search performance include:
- Social spending increased 27% YoY and decreased 11% quarter-over-quarter (QoQ)
- Social impressions increased 20% YoY and 13% QoQ
- Social clicks decreased 23% YoY and 6% QoQ
- Social cost-per-thousand (CPM) impressions increased 6% YoY and decreased 21% QoQ
- Paid search spending increased 11% YoY and decreased 16% QoQ
- Paid search impressions increased 36% YoY and decreased 18% QoQ
- Paid search clicks increased 25% YoY and decreased 11% QoQ
- Paid search CPC decreased 11% YoY and 6% QoQ
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“Instagram, video and mobile ads are key segments of the social advertising spectrum and continue to outpace social overall in terms of spending growth. At the same time, as video ads and Instagram Stories offer a more subtle, brand-focused ad experience, they may very well play a role in the overall decline in click-through rate,” said Chris Costello, senior director of marketing research for Kenshoo. “Paid search continues to be a stable bedrock for advertisers; even as the seasonal spending boost receded, the growth of mobile search ads propelled spend to grow over Q1 of last year, and to exceed pre-holiday levels, highlighting the importance of the channel to marketers and consumers alike.”
Kenshoo provides best-of-breed, full-funnel marketing intelligence and activation on the channels with highest customer engagement, including search, social and ecommerce, enabling success by maximizing channel impact and customer lifetime value. As the industry’s leading and award-winning digital marketing platform, Kenshoo delivers opportunities to re-engage and grow customers across the world’s leading publishers and all devices.
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