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What Does Digital Advertising Need Most? Effectiveness Metrics from a Mobile Consumer Panel

Posted by MFour on Feb 28, 2019 8:00:00 AM

Digital is dominating the advertising industry, and ad effectiveness measurement with an all-mobile consumer panel gathered around a mobile market research app is the necessary solution for understanding how well $129 billion in projected 2019 spending is performing as brands try to influence smartphone-centric consumers.

eMarketer predicts 2019 will be the milestone year in which U.S. advertisers for the first time spend more on digital ads ($129 billion) than on television, radio and all other “traditional” advertising channels combined ($109 billion) as they seek to exert influence all along the purchase path. Mobile digital ads will account for $87 billion – 67% of all digital spending, and 36% of all ad-spend dollars across all channels.

It goes without saying that documenting the effectiveness of all those digital advertising dollars is a crucial job for market research. But that task has been deeply problematic, with standard  measurement methods unable to collect reliable metrics in the digital realm. With that in mind, MFour recently announced a comprehensive solution driven by feedback from validated digital ad recipients from the 2.5 million member, all-mobile U.S. consumer panel that uses the Surveys On The Go® mobile market research app.

As Chris St. Hilaire, MFour’s co-founder and CEO has framed it, “until now, digital ad measurement has been directional at best, focused on desktops rather than smartphones despite consumers' massive shift to mobile. Brands are shifting ad spend to mobile because they know that’s where consumers are. Digital Brand Studies don't just guess. They provide accurate, validated metrics. Measuring ad effectiveness doesn’t have to be like reading tea leaves any more.”

For more on Digital Brand Studies, just click here.

 

Topics: digital advertising, Digital Brand Studies, mobile market research, mobile consumer panel, market research panel

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