2014 MEDIA MARKET REPORT FOR LATIN AMERICA - US Media Consulting
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
CONTENTS A Growing Consumer Class: Internet: Audience size, future growth, sites The surge of the class C middle class in with most reach, user attitudes toward the region Internet advertising Media Penetration & Consumption Social Media: Use, most popular sites, reach, in Latin America influence on consumer purchase decisions, social TV Ad Spend Projections for Latam: Online Videos: The audience, consumption trends 2013 and 2014 and advertising potencial Print: Market indicators of growth E-commerce: Total sales for 2013, projections for 2014, growth since 2003, most popular products TV: Trends in ad spend & pay TV Mobile Market: Penetration of mobile phones, penetration smartphones & tablets, the triple-digit growth of mobile Internet in Latin America and response to mobile advertising
IN THE PAST DECADE, MORE THAN 50 MILLION PEOPLE HAVE JOINED THE MIDDLE CLASS IN LATIN AMERICA. 1 in 3 Families in Latin America are middle class Source: The World Bank, Economic Mobility and the Rise of the Latin American Middle Class
LATIN AMERICA’S MIDDLE CLASS (CLASS C) HAS BECOME A SIGNIFICANT PORTION OF THE POPULATION IN SEVERAL KEY MARKETS… 60% 55% 52% 50% 47% 40% 33% 32% 31% 30% 28% Classes AB 21% Class C 20% 13% 10% 7% 7% 3% 0% Argentina Brazil Chile Colombia Mexico Peru Sources: 1United Nations, 2World Bank, 3Cetelam report O Observador Brasil 2013, 4Consultora W, 5Departamento Administrativo Nacional de Estadística, 6Asociacion Mexicana de Agencias de Investigacion de Mercados y Opinión Pública, 7Asociación Peruana de Empresas de Investigación de Mercados, 8Novomerc Chile
…PARTICULARLY IN BRAZIL. WHY IS THIS SIGNIFICANT? FIRST, CLASS C IS GROWING QUICKLY. 40,000,000 Brazilians joined Class C between 2003-2011 105,000,000 55% Brazilians were Class C in 2011 of the population In 2014 58% of the population will be Class C Source: Cetelem BGN Observador Brasil, Fecomercio SP, Data Popular
SECOND, CLASS C IS SPENDING HUGELY: 2012 R$1.089 trillion 2015 R$1.4 trillion* *more than classes A and B combined! Sources: IPC Target, FecomercioSP
TV, OUT-OF-HOME AND RADIO HAVE THE DEEPEST PENETRATION—BUT INTERNET IS GROWING SIGNIFICANTLY. Penetration by Medium Free TV Pay TV Radio Newspapers Magazines OOH Internet Argentina 93% 74% 62% 40% 19% 90% 56% Brazil 96% 40% 73% 31% 36% 83% 60% Chile 97% 63% 58% 45% 21% 91% 64% Colombia 95% 86% 75% 78% 41% 99% 50% Costa Rica 97% 64% 65% 77% 8% 91% 71% Ecuador 97% 27% 69% 48% 30% 96% 57% Guatemala 77% 53% 82% 78% 6% 88% 30% Honduras 92% 84% 77% 76% 36% 82% 41% Mexico 97% 36% 54% 27% 27% 98% 48% Panama 94% 50% 60% 73% 19% 75% 53% Peru 98% 64% 81% 67% 15% 100% 56% Source: IBOPE Media Book 2013 except Mexico numbers, which are from IBOPE Media Book 2012
TV IS THE MOST-CONSUMED MEDIUM IN LATIN AMERICA BUT INTERNET IS TAKING UP MORE TIME. Available data for media consumption, by country TV RADIO NEWSPAPERS INTERNET Argentina 6 hrs./day 56% listen daily 70% buy newspapers 26 hrs./month Brazil 3 hrs, 29 min/day 69% listen daily 31% read newspapers 3 hrs, 39 min/day 3 hrs., 52 Chile min./day 48% listen daily 20% read newspapers 11 hrs./week Colombia 4 hrs./day 2.4 hrs./day 13% read newspapers 4.3 hrs./day Mexico 2 - 4 hrs./day 56% listen daily 27% read newspapers 5 hrs./day 3 hrs., 20 Peru min/day 2 hrs., 53 min/day 30 min./day 2 hrs., 40 min/day 12% read them every Uruguay No data available 61% listen daily day No data available Sources: IBOPE, LAMAC, Notimex, Consejo Nacional de Lectura, ENTIC, Secretaria de Comunicação Social da Presidência da República, comScore, Target Group Index, Fundação Perseu Abramo, Encuesta UDP, UM Chile, DANE, EGM 2013, Google, AMIPCI, Consejo Consultivo de Radio y Televisión, Kantar Media Research , Opción Consultores
ANOTHER 2014 STUDY FROM TGI SHOWS INCREASES IN CONSUMPTION IN CERTAIN TRADITIONAL MEDIA: Pay TV consumption has gone up by 5% in Argentina, by 12% in Brazil and by 11% in Mexico Newspaper consumption has Magazine gone up by 5% in consumption has Argentina, by 6% gone up by 7% in in Brazil and by Argentina, by 11% in 15% in Mexico Brazil and by 8% in Mexico Source: TGI Latina
AD SPEND PROJECTIONS FOR LATAM: 2013 AND 2014
LATIN AMERICA IS THE WORLD’S FASTEST-GROWING REGION IN AD SPEND... Magna Global projects nearly 13% growth in ad spend for Latin America in 2014—more than double the growth of North America and Western Europe 2013 2014 Latin America 9.5% 12.7% North America 1.5% 5.5% Western Europe -0.8% 5.7% Central & Eastern Europe 7.9% 10.5% Asia Pacific 6.3% 8.7% Middle East, North Africa 2.8% 6.3% Rest of World 9.3% 10%
IN 2014, BRAZIL WILL BECOME THE #5 AD MARKET IN THE WORLD. Ad Spend in 2014 (billions) Rank Country 173,593 #1 United States 53,434 #2 Japan 48,755 #3 China 27,548 #4 Germany 22,216 #5 Brazil Source: Zenith Optimedia
LATIN AMERICA’S AD SPEND IS GROWING STRONGLY IN ALL MAJOR MARKETS. Argentina: up 30% in 2013 after growing by 19.6% in 20121 Brazil: up 7% in 2013 after growing by 10.7% in 20122 Colombia: offline media up 12.7% in 20133, online ad spend up 31%4 Mexico: up 38% in 2012 (no numbers for 2013 yet)5 Peru: up 8% in 20136 Uruguay: up 2.6% in 20137 Chile: up 2.5% in 20139 Venezuela: up 19% in 20138 Sources: 1Cámara Argentina de Agencias de Medios, 2Projeto Inter-Meios, 3Asomedios and Andiarios, 4IAB Colombia, 5Confederación de la Industria de la Comunicación Mercadotécnica, 6Compañía Peruana de Estudios de Mercados, 7Asociación Uruguaya de Agencias de Publicidad, 8Magna Global, 9Asociación Chilena de Agencias de Publicidad
AD SPEND IN ARGENTINA, 2013 3.6% 1.1% 3.8% 3.9% Free TV Newspapers 6.4% 36.4% Internet Pay TV 7.3% OOH Magazines Radio Cinema 28.6% Source: Cámara Argentina de Agencias de Medios
AD SPEND IN BRAZIL, 2013 0.62% 0.32% 4.0% 3.5% 4.5% Free TV 5% Newspapers Pay TV 5.5% Magazines Internet 10.1% Radio OOH 66.5% Guides Cinema Source: Projeto Inter-Meios* *This source shows only Internet display investment, not social or search; IAB Brasil indicates that Internet ad spend is about 11% of total spend when search and social are factored in
AD SPEND IN CHILE, 2013 2.2% 0.3% 5.4% 7.0% Open TV Newspapers 9.1% 42.7% Internet OOH Radio 9.3% Pay TV Magazines Cinema 24.2% Source: Asociación Chilena de Agencias de Publicidad
AD SPEND IN COLOMBIA, 2013 2% 2.0% 5.5% Free TV 9.9% Newspapers Radio 49.2% Internet 11.0% OOH Pay TV 11% Magazines Cinema 14.8% Source: ASOMEDIOS, IAB Colombia
AD SPEND IN MEXICO, 2012 2% 3% 4% Free TV 8% Internet Radio 8% Newspapers Pay TV 53% 9% OOH Magazines Cinema 9% Source: Confederación de la Industria de la Comunicación Mercadotécnica
AD SPEND IN PERU, 2013 2.0% 2.0% 5.5% Free TV 6.2% Newspapers Radio 9.9% 49.2% OOH Internet 11.0% Pay TV Magazines 14.8% Cinema Source: Compañía Peruana de Estudios de Mercados y Opinión Pública
AD SPEND IN URUGUAY, 2013 4% 13% Free TV OOH 14% Print media 53% Radio Internet 16% Source: Asociación Uruguaya de Agencias de Publicidad
PRINT MEDIA IN LATIN AMERICA
PRINT IS STILL A STRONG MEDIUM THROUGHOUT LATIN AMERICA. MARKET INDICATORS THAT SUGGEST THIS INCLUDE: Newspaper circulation went up by 2.56% in Latin America in 2013 and by 6.26% over the past 5 years1 Newspapers grew by 50% in circulation in Peru between 2007 and 20124 In 2009 magazine ad spend dropped in every region— EXCEPT for Latin America, and it’s forecast to grow through 20162 Latin American newspapers will grow in revenue by 5.5% per year through 2016 to reach a total of US$10.4 billion2 Latin American newspaper revenues went up by 65% between 2006 and 2011 and by 9.1% in 20121 Newspaper circulation in Brazil grew by 1.8% in 20123, magazine will grow by 7% between 2013 and 20172 11.9% CAGR growth is forecast for newspaper ad spend in Argentina through 20161 Sources: 1WAN-INFRA, 2PriceWaterhouseCoopers Global Entertainment Media Outlook 2013-2017, 3Instituto Verificador de Circulação, 4KPMG
PRINT ALSO COMMANDS A MAJOR PORTION OF AD SPEND IN MANY LATAM MARKETS. Print's Share of Ad Spend in Key Latam Markets, 2013 Print ranks #1 in ad spend share in Argentina 32% and #2 (after free TV) in 27% 28% Brazil, Chile, Colombia, 26% Ecuador, Perú, Uruguay and Venezuela 17% 15% 14% 10% Argentina Brazil Chile Colombia Ecuador Peru Uruguay Venezuela Sources: Cámara Argentina de Agencias de Medios, Projeto Inter-Meios, Asociación Chilena de Agencias de Publicidad, Asomedios, Ipsa Group Latin America, Compañía Peruana de Estudios de Mercados y Opinión Pública, Comité Certificador de Medios ANDA-FEVAP
TV IN LATIN AMERICA
FREE TV RULES AD SPEND IN MOST OF LATIN AMERICA… Percentage of TV’s Ad Spend Share, 2011 Free TV Ad Spend Share in Major Latam Markets, 2013 66% 56% 52% 48% 49% 44% 40% Argentina Brazil Chile Colombia Mexico Peru Uruguay Sources (left to right): Cámara Argentina de Agencias de Medios, Projeto Inter-Meios, Asociación Chilena de Agencias de Publicidad, Asomedios, Confederación de la Industria de la Comunicación Mercadotécnica, Compañía Peruana de Estudios de Mercados, Asociación Uruguaya de Agencias de Publicidad
…BUT PAY TV PENETRATION IS AT 53% IN ALL OF LATAM4 AND IS GROWING Percentage of RAPIDLY . 2011 TV’s Ad Spend Share, 68% pay TV penetration in Latam by 20171 11 million pay TV subscribers in Argentina4 of homes in Brazil 90% will be subscribed to pay TV by 2018— potential audience of 173 million2 7.9 million Penetration of pay TV pay TV subscribers in Colombia4 50% in Mexico in December 20133 Sources: 1Dataxis, 2Anatel, 3Centro de Investigación en Innovación en Telecomunicaciones, 4Business Bureau
PAY TV HAS STRONG REACH IN SEVERAL LATIN AMERICAN MARKETS. Levels of Pay TV Reach in Latin American Countries 100.0% 90.0% 84.5% 80.0% 70.3% 70.0% 63% 62.1% 61.2% 61% 58.8% 56.7% 60.0% 42.7% 50.0% 38.9% 40.0% 30.0% 20.0% 33.5% 10.0% 0.0% Source: Business Bureau, June 2014 market estimates
THERE ARE ALSO NEW GROWTH MARKETS FOR PAY TV IN LATIN AMERICA. 3.2 million subscribers 18% growth since 2012 Chile 1.6 million subscribers 45% growth between 2012 and 2013 Ecuador 753,787 subscribers Projected 85% penetration by 2017 with 1,000,000 subscribers Uruguay Source: Business Bureau
INTERNET IN LATIN AMERICA
AS OF DECEMBER 2014, INTERNET WILL COMMAND A HUGE AUDIENCE IN LATIN AMERICA: 330 MILLION*. CURRENT AMOUNTS OF INTERNET Percentage of TV’s Ad Spend Share, 2011 USERS BELOW: Argentina 32,000,000 Bolivia 4,199,000 Brazil 109,773,650 Chile 11,546,000 Colombia 28,475560 Costa Rica 2,185,506 Dominican Republic 6,054,013 Ecuador 6,316,555 El Salvador 1,649,980 Guatemala 2,885,475 Honduras 1,530,543 Mexico 64,200,000 Nicaragua 906,539 Panama 1,548,016 Paraguay 2,473,724 Peru 11,817,991 Puerto Rico 2,675,843 Uruguay 1,936,000 Venezuela 13,000,000 Sources: *estimate from eMarketer, other figures from Internet WorldStats and World Internet Project
BY 2015, THERE WILL BE 60% INTERNET PENETRATION IN LATIN AMERICA AND 120 MILLION Ad Spend Share, 2011 USERS.1 ADDITIONAL Percentage of TV’s Growth projections for specific markets: Brazil 168 million by 2014, up from 105 million in 20132 Chile 16.4 million by 2015, up from 10 million in 20123 Ecuador 7.5 million by 2015, up from 6.6 million in 20134 Mexico 65 million by 2015, up from 52 million in 20134 Paraguay 3.4 million by 2015, up from 1.5 million in 20125 Sources: 1LACNIC, 2Comitê Gestor da Internet, 3Pyramid Group, 4Latin America & Caribbean Network Information Centre, 5Comisión Nacional de Telecomunicaciones de Paraguay
HERE’S WHERE TO REACH LATIN AMERICA’S INTERNET USERS. Percentage of TV’s Ad Spend Share, 2011 Types of Web Sites with Deepest Reach among the Region’s Internautas: 100% 98.8% 97.5% 97.3% 96.9% 90% 94.0% 80% 70% 85.5% 60% 50% 40% 30% 20% 10% 0% Source: Futuro Digital, comScore, March 2013
STUDIES SHOW THAT LATIN AMERICANS ARE VERY RECEPTIVE TO ONLINE ADVERTISING IN SEVERAL MARKETS. • 67% of Brazilian consumers use the Internet as a source before going shopping1 • 95% of Brazilian conusmers look for information online before buying a car2 • 68% of Brazilian Internet users say that online ads influence their purchase decisions 3 • 57% of Brazilian Internet users say that online ads motivate them to buy the advertised products4 • 75% of Mexican Internet users stop to look at online ads5 • 83% of Mexican Internet users recall online ads5 • The categories with the largest recall include computer accessories (50%), movies (46%), mobile phones (45%), banks (32%) and software (32%)5 • 53% like to see ads in social media sites and 61% recall they ads they see on those social sites5 • Among the ad formats preferred by Colombian Internet users are banners (37%), videos (35%) and sponsored links6 • 7 of 10 Colombians look for opinions and recommendations on social media before buying a product1 • Internet is the #2 medium that motivates Colombians to buy products6 Sources: 1Oh! Panel, 2IDG, 3Deloitte Media Democracy, 4IAB Brasil, 5Asociación Mexicana de Internet, 6Estudio Colombiano del Internet 2011
Internet closes sales in Latin America. 80% of Brazilian Internet users say that the Internet is how they first find out about new products1 73% of Mexican Internet users research products online before shopping2 and 75% stop to view online ads3 8 of 10 Internet users in Latin America research products online before buying4 89% of Colombian Internet users do online research before buying a car5 Sources: 1Ipsos, 2Google, 3Asociación Mexicana del Internet, 4comScore, 5Oh! Panel
PROGRAMMATIC BUYING IS ANOTHER IMPORTANT ONLINE TREND IN LATIN AMERICA. 600% The amount by which programmatic ad spend will grow in 2015 in Latin America Source: International Data Corporation
AND IT WILL KEEP GROWING… 2018 US$54M 2017 Between 2014 and 2018, US$27M programmatic ad spend in Latin America will go up by 2016 US$12M 8.900% Source: International Data Corporation
SOCIAL MEDIA IN LATIN AMERICA
SOCIAL MEDIA HAVE DEEP PENETRATION AND HEAVY ENGAGEMENT IN THE REGION. 95% 19% 10 Of Latin American Growth in Facebook users in Latin American Internet Internet users are on 2012 in Latin America: more users spend an average of social media11 than 200 million users 10 hours per month on around the region2 social media sites, more than double the amount spent on other popular types of sites1 Sources: 1comScore, 2Socialbakers, Facebook press release August 2013
SOCIAL MEDIA INFLUENCE THE PURCHASE DECISIONS OF 62% OF LATIN AMERICANS. • 73% of Latin Americans regularly read comments about brands on social media • 66.9% trust these comments • 62% say these comments influence their purchase decisions • 58.9% of Latin Americans go on social media to find product information • 36.8% of Latin Americans follow brands on social media • 78.6% follow brands to learn about new products offered by that brand Source: Oh! Panel study, May 2011
ALTHOUGH FACEBOOK IS BY FAR LATAM’S MOST POPULAR SITE, OTHER SOCIAL SITES HAVE GROWN ENORMOUSLY IN THE REGION. Increase in unique visitors, Jan 2013 to March 2014 434% 300% 81% 63% 43% Source: comScore
ANOTHER RECENT TREND IN LATIN AMERICA IS SOCIAL TV: A large study of 12,000 TV viewers around the world found that 67% of viewers in Mexico, Brazil and Chile use tablets, smartphones and laptops while they watch TV Source: Ericsson
OTHER STUDIES SUPPORT THIS TREND: A UM survey of Mexicans Google Brazil found that 37% found that 50% combine of Brazilian Internet users watching TV with using watch TV with a mobile smartphones device in their hands More than 5 million 41% of Chilean digital Argentines go users end up using 3 online with their or more screens a day smartphones while they watch TV Source: Ericsson
ONLINE VIDEOS IN LATIN AMERICA
ONLINE VIDEO CONSUMPTION HAS SPIKED SIGNIFICANTLY IN LATIN AMERICA. 11.5 million videos watched every month in Argentina, Brazil, Chile and Mexico 95.5%: online videos have the deepest reach in Argentina, followed by Chile (91.6%), Brazil (85.9%) and Mexico (81.3%) 156 online videos a month are watched by Brazilians, while Chileans watch 144 per month, Mexicans watch 125 per month and Argentines watch 105 per month Source: comScore
E-COMMERCE IN LATIN AMERICA
E-COMMERCE IN LATIN AMERICA HAS GROWN BY 27 TIMES SINCE 2003. E-commerce E-commerce sales in Latam sales in Latam in 2003: in 2013: US$1.6 billion1 2 US$70 billion Source: 1América Economía & Visa Latin America E-Commerce study, 2012, 2Instituto Latinoamericano de Comercio Electrónico
OVERALL, CLOTHES ARE THE PRODUCT THAT LATIN AMERICANS BUY THE MOST ONLINE. A 2012 comScore e-commerce study of Latin America revealed the most popular products among online shoppers in the region: 1 Clothes 6 Entertainment tickets 2 Computer electronics 7 Vacation/travel 3 Music, movies or videos 8 Health and beauty care 4 Appliances 9 Books and magazines 5 Computer hardware 10 Sports and fitness Source: comScore
BRAZIL IS THE LEADING E-COMMERCE MARKET IN LATIN AMERICA… US$ 13.4 2013 e-commerce sales in Brazil2 59% billion The percentage of US$ 16 Projected 2014 e-commerce e-commerce sales in Latin America that are billion sales in Brazil2 generated in Brazil1 Sources: 1América Economía & Visa E-Commerce Study, Latin America, 2012, 2e-bit
…BUT OTHER LATIN AMERICAN MARKETS ARE POSTING STRONG E-COMMERCE NUMBERS. Mexico • #2 e-commerce market in Latam1 • US$9.2 billion in sales in 20132 • 20% projected growth in 20142 Chile • Top 5 selling products are (#1) • US$1.3 billion in sales in 20121 Music/movies, (#2) computers, (#3) clothes • US$1.6 billion in sales in 20135 & accessories, (#4) tickets to shows, (#5) hotel reservations2 Argentina • US$3.1 billion in sales in 2013, 50% Colombia projected growth in 20143 • US$2.1 billion in sales in 20121 • 5 best-selling products are (#1) • US$3 billion in sales in 20134 smartphones, (#2) women’s clothes, (#3) car accessories, (#4) men’s clothes, (#5) home decor3 Sources: 1América Economía & Visa Latam E-commerce study, 2012, 2Asociación Mexicana de Internet, 3eMarketer, 3Cámara Argentina de Comercio Electrónico, 4Cámara Colombiana de Comercio Electrónico, 5Cámara de Comercio de Santiago
LATIN AMERICA’S MOBILE MARKET
MOBILE PENETRATION IN LATIN AMERICA IS AT 105% AND WILL REACH 130% BY 20151. 142% 140% 136% 134% 120% 106% 101% 98% 100% 87% 80% 60% 40% 30% 35% 20% 23% 20% 17% 7% 10% 0% Argentina Brazil Chile Colombia Costa Rica Mexico Peru Mobile penetration Smartphone penetration Sources: 1GSMA, Comisión Nacional de Comunicaciones de Argentina, Anatel, Subsecretaría de Telecomunicaciones, Ministerio de Tecnologías de la Información y las Comunicaciones, Ministerio de Ambiente, Energía y Telecomunicaciones, Superintendencia de Telecomunicaciones, Pyramid Research, Superintendencia de Telecomunicaciones, Unión Internacional de Telecomunicaciones, Everis, Oficina de Desarrollo de las Telecomunicaciones de la UIT, El Ministerio de Transportes y Comunicaciones, Instituto Nacional de Estadísticas, Comisión Nacional de Telecomunicaciones, Vision Mobile, Google, 3D Chile, LG Mobile Colombia, IDC, Futuro Labs
SMARTPHONE SALES CONTINUE TO SPIKE IN LATIN AMERICA1. 45% growth in new users of 55% smartphones in Latin America during 2013 1 Source: eMarketer
INDIVIDUAL LATAM MARKETS ALSO POSTING STRONG SMARTPHONE SALES. GROWTH IN 2013: 122% in 59% in Brazil1 Mexico1 98% in 96% in Peru2 Chile3 Sources: 1IDC, 2Samsung Peru, projected growth for all of 2013, 3GK Retail y Technology
LATIN AMERICANS ALSO ARE BUYING MORE TABLETS THAN EVER BEFORE. 234% increase in Latam tablet sales between Q1 2012 & Q1 2013 Source: IDC
SEVERAL LATAM MARKETS ARE ADOPTING TABLETS AT SIGNIFICANT RATES. Argentina: 125% increase in tablet sales in 2013: 900,000 units sold1 Brazil: Tablet sales reached 8 million in 2013 and are projected to reach 10.7 million in 20142 Chile: 1.5 million sold in 2014, more than 2 million units projected for 20142 Mexico: Tablet sales reached 4.3 million in 2013 and will reach 6.2 million units by 20144 Peru: Projected tablet sales of 1.6 million in 2013, a 132% increase compared to 20123 Sources: 1Carrier y Asociados, 2IDC, 3IDC and Dominio Consultores, 4IDC Mexico
MOBILE INTERNET IS GROWING SIGNIFICANTLY IN LATIN AMERICA. 332% 244% 221% Increase in the use of Increase in the use of Increase in the use of mobile Internet in Costa mobile Internet in Brazil in mobile Internet in Rica in 20131 20132 Argentina in 2013 216% 213% 185% Increase in the use of Increase in the use of Increase in the sue of mobile Internet in mobile Internet in mobile Internet in Colombia in 2013 Mexico in 2013 Chile in 2013 Source: Invasión Mobile Latinoamérica 2013, a report from Guialocal.com
LATIN AMERICANS ARE SHOWING STRONG RESPONSE TO MOBILE ADS. Average CTR for mobile Of Latam mobile banners in Latin 33% device users .48% America, higher than respond favorably to that of Australia, geo-targeted ads1 Eastern Europe and most of Asia1 .60% .56% .61% .52% Mobile ad CTR Mobile ad CTR Mobile ad CTR Mobile ad CTR for Colombia2 for Mexico2 for Brazil2 for Argentina2 Sources: 1MediaMinds, 2Hunt Mobile Ads
MOBILE AD SPEND KEEPS GROWING IN LATIN AMERICA. Until 2017 mobile ad spend in Latam will keep Mexico leads Latam mobile ad growing by spend and in 2014 advertisers 70% in the country will invest $173 million in mobile ads In Brazil mobile ad spend will reach $132 million in 2014 and $731 million by 2017 Sources: Telefónica, eMarketer
About US Media Consulting Launched 2003, US Media Consulting is a leading media services agency that specializes in increasing the efficiencies of agencies in Latin America—and in turn their profits. We do this by: • Crafting media plans that deliver significant ROI through strategic media selection and efficient campaign implementation • Innovating media technologies like MediaDesk—the leading programmatic buying platform in Latin America—that spike the effectiveness of the digital campaigns that agencies run • Bringing new media, firms and technology to Latin America that agencies can use to deliver even better results for their clients • Increasing agency profitability through financial operations and campaign management through both experienced staff and leading-edge technology Visit www.usmediaconsulting.com to learn more
You can also read