Digital Place-based Revenue Growth First Half 2013 Outpaces all Media
NEW YORK, Sept. 25, 2013-- The Digital Place-Based Advertising Association (DPAA) announced today that the sector’s revenue growth rate for the first half of 2013 outpaced that of all other media.
Based on information collected by the certified public accounting firm Miller, Kaplan, Arase from 31 digital place-based networks – including both DPAA members and non-members -- advertising revenue for the digital place-based sector grew by 14.9% for the first half of 2013 versus the same period last year, significantly outpacing the next fastest-growing sector for the six-month period (cable television, +10.1%) as well as that of non-video Internet.
First-Half 2013 Revenue Growth by Media Type
Source: Miller, Kaplan, Arase for DPb media; Kantar Media for all others
“Digital place-based revenue growth continues to grow at a rapid pace, a trend that we expect to continue into the foreseeable future,” said Barry Frey, president & CEO, DPAA. “We are gaining prominence as a tool to help marketers overcome a challenging advertising landscape by demonstrating that we are a quantifiably effective way to engage and influence brand and purchase behavior while consumers are on their daily journeys. Video is everywhere, and with impressions shifting in all directions it is increasingly difficult for planners and buyers to capture eyeballs through traditional television. Increasing numbers of brands and their agencies are recognizing this reality and incorporating digital place-based into media plans.”
Founded in 2006, the Digital Place-based Advertising Association (DPAA) represents leading digital placed-based networks and the advertising community that is actively engaged in planning, buying and evaluating the effectiveness of the medium. On behalf of its members, DPAA seeks to foster ongoing collaboration between agencies and digital place-based advertising networks; provide standards, best practices and industry-wide research; and promote the effectiveness of digital place-based advertising. For more information please visit www.dp-aa.org. Twitter: @DPAAds