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Author: Robin Langford

Top 75 global brands: Amazon still dominates as retail takes centre stage

April 30, 2020
Top 75 global brands: Amazon still dominates as retail takes centre stage
Top 75 global brands: Amazon still dominates as retail takes centre stage

Amazon is the top global brand in terms of financial performance and consumer opinion, followed by other digital native brands such as JD and Alibaba and retail veterans such as Costco, Target and Walmart have performed strongly too, according to new research.

Ads, E-commerce and E-retailing

Facebook sees record users numbers (but warns lockdown boost may not last)

April 30, 2020
The tech firm said it had seen "increased engagement" in the first quarter of the year but, like Google 24 hours earlier, admitted advertising revenues had taken a hit as the COVID-19 uncertainty began. Facebook reported almost three billion monthly users, on average, across its family of apps including Facebook, WhatsApp, Instagram and Messenger at the end of the three months to March. That represented a 10% increase on the same quarter last year. There were 1.73 billion users active on Facebook daily over the same period - a rise of 11%. Total revenue rose to $17.7bn from $15.1bn - with net profits doubling to $4.9bn - despite a slide in advertising sales over the final weeks of the period as marketing budgets were slashed amid uncertainty over the economic landscape. But the company cautioned its business “has been impacted by the COVID-19 pandemic and, like all companies, we are facing a period of unprecedented uncertainty in our business outlook.” “Outlook is really uncertain,” Facebook Chief Financial Officer David Wehner told CNBC in an interview. “We have a really cautious outlook on how things are going to develop.” He noted a “broad-based pullback” in advertising among small and large businesses on the platform, which led to a decline in ad prices the last three weeks of the first quarter. Uncertainty over a wobbly economy prompted Facebook to not provide revenue guidance for the second quarter or full-year 2020. Instead, it offered what it calls a “snapshot” on revenue performance in the second quarter. “We have seen signs of stability reflected in the first three weeks of April, where advertising revenue has been approximately flat compared to the same period a year ago, down from the 17% year-over-year growth in the first quarter of 2020,” the company said in a statement. “The April trends reflect weakness across all of our user geographies as most of our major countries have had some sort of shelter-in-place guidelines in effect.” Shares, which gained 7% in normal trading ahead of the results release, added another 9% in extended deals. The company pointed to the creation of its in-app COVID-19 information centre as evidence it was attempting to keep people informed and safe during the outbreak following sharp criticism that the sector has not done enough to boost safety tools and tackle harmful content more widely. Analysis Socialbakers’ data shows ad spend beginning to pick up in the US and Europe – suggesting that marketers are taking advantage of low CPC, and hinting that platforms may see a return to normality after the initial shock of COVID-19. Chart source: Socialbakers Following Facebook’s strong Q1 earnings results overnight, Yuval Ben-Itzhak, CEO of social media marketing firm Socialbakers, said: “Despite the challenging economic situation, it's exciting to see Facebook reporting a surge in user numbers, engagement, and even an increase in revenue. We have seen that during the COVID-19 crisis people are spending more time on Facebook and its family of applications, proving that they really are the key platforms for marketers looking to reach and engage with their communities – and also showing just how important social media has become in our lives. “Social media data shows that ad spend in key regions like North America and Western Europe has started to pick up as savvy marketers look to stay close to their customers as these regions get to grips with the pandemic, which is a good sign that ad revenue will continue to grow for Facebook in Q2 and onward.”
The tech firm said it had seen "increased engagement" in the first quarter of the year but, like Google 24 hours earlier, admitted advertising revenues had taken a hit as the COVID-19 uncertainty began. Facebook reported almost three billion monthly users, on average, across its family of apps including Facebook, WhatsApp, Instagram and Messenger at the end of the three months to March. That represented a 10% increase on the same quarter last year. There were 1.73 billion users active on Facebook daily over the same period - a rise of 11%. Total revenue rose to $17.7bn from $15.1bn - with net profits doubling to $4.9bn - despite a slide in advertising sales over the final weeks of the period as marketing budgets were slashed amid uncertainty over the economic landscape. But the company cautioned its business “has been impacted by the COVID-19 pandemic and, like all companies, we are facing a period of unprecedented uncertainty in our business outlook.” “Outlook is really uncertain,” Facebook Chief Financial Officer David Wehner told CNBC in an interview. “We have a really cautious outlook on how things are going to develop.” He noted a “broad-based pullback” in advertising among small and large businesses on the platform, which led to a decline in ad prices the last three weeks of the first quarter. Uncertainty over a wobbly economy prompted Facebook to not provide revenue guidance for the second quarter or full-year 2020. Instead, it offered what it calls a “snapshot” on revenue performance in the second quarter. “We have seen signs of stability reflected in the first three weeks of April, where advertising revenue has been approximately flat compared to the same period a year ago, down from the 17% year-over-year growth in the first quarter of 2020,” the company said in a statement. “The April trends reflect weakness across all of our user geographies as most of our major countries have had some sort of shelter-in-place guidelines in effect.” Shares, which gained 7% in normal trading ahead of the results release, added another 9% in extended deals. The company pointed to the creation of its in-app COVID-19 information centre as evidence it was attempting to keep people informed and safe during the outbreak following sharp criticism that the sector has not done enough to boost safety tools and tackle harmful content more widely. Analysis Socialbakers’ data shows ad spend beginning to pick up in the US and Europe – suggesting that marketers are taking advantage of low CPC, and hinting that platforms may see a return to normality after the initial shock of COVID-19. Chart source: Socialbakers Following Facebook’s strong Q1 earnings results overnight, Yuval Ben-Itzhak, CEO of social media marketing firm Socialbakers, said: “Despite the challenging economic situation, it's exciting to see Facebook reporting a surge in user numbers, engagement, and even an increase in revenue. We have seen that during the COVID-19 crisis people are spending more time on Facebook and its family of applications, proving that they really are the key platforms for marketers looking to reach and engage with their communities – and also showing just how important social media has become in our lives. “Social media data shows that ad spend in key regions like North America and Western Europe has started to pick up as savvy marketers look to stay close to their customers as these regions get to grips with the pandemic, which is a good sign that ad revenue will continue to grow for Facebook in Q2 and onward.”

Facebook has enjoyed record global user numbers amid the COVID-19 pandemic, but warned that the increased engagement may not last in the long term.

Social Facebook, social media

UK adspend to plummet 16.7% in 2020 as pandemic crisis hits marketing industry

April 30, 2020
UK adspend to plummet 16.7% in 2020 as pandemic crisis hits marketing industry
UK adspend to plummet 16.7% in 2020 as pandemic crisis hits marketing industry

The UK ad market is forecast to contract by £4.2bn (16.7%) this year) to £21.1bn this year due to the coronavirus lockdown and economic slump.

Ads advertising, digital marketing

Guest comment: Why omnichannel retailers reign supreme

April 29, 2020
Guest comment: Why omnichannel retailers reign supreme
Guest comment: Why omnichannel retailers reign supreme

In light of the challenges facing retailers now many of their customers are in lockdown, and high streets are closed, Paul Kirkland, Retail and Hospitality Business Development Director, Fujitsu, looks at why an omnichannel presence has become more than just a novelty – but essential to staying buoyant in this new retail landscape.

E-commerce and E-retailing ecommerce, retail

Alphabet hit by ‘significant slowdown’ in ad sales, but ad revenue surges

April 29, 2020
Google sees ad spend decline 2% as Covid-19 bites
Google sees ad spend decline 2% as Covid-19 bites

Google’s parent company Alphabet has revealed a 13% surge in first quarter revenue despite a “significant” hit to advertising sales as the COVID-19 crisis continues.

Ads, Mobile, Search adspend, advertising, Google, Search, video, YouTube

Ogury launches ‘Video Chooser’ interactive ad format for mobile

April 29, 2020
Ogury has launched its new Video Chooser format, which delivers full-screen, user-chosen video ads to the advertising market for the first time, with Mastercard, Bayer and ConAgra the first big names to sign up.
Ogury has launched its new Video Chooser format, which delivers full-screen, user-chosen video ads to the advertising market for the first time, with Mastercard, Bayer and ConAgra the first big names to sign up.

Ogury has launched its new Video Chooser format, which delivers full-screen, user-chosen video ads to the advertising market for the first time, with Mastercard, Bayer and ConAgra the first big names to sign up.

Mobile mobile marketing

Why stock music presents great creative avenues for musicians

April 29, 2020

Today’s brands are increasingly using more music to help tell their stories to consumers. As a result of this, there is now increasing demand for stock music. Kate Cooper, Music Producer at Shutterstock discusses how contrary to belief, stock allows creatives to be employed in their profession whilst they work on their personal portfolios of … [Read more…]

Content content, music

COVID-19 Essential Items Tracker: Tinned pasta overtakes toilet paper as most in-demand item in UK shopping baskets

April 29, 2020
COVID-19 Essential Items Tracker: Tinned pasta overtakes toilet paper as most in-demand item in UK shopping baskets
COVID-19 Essential Items Tracker: Tinned pasta overtakes toilet paper as most in-demand item in UK shopping baskets

Tinned pasta has overtaken toilet paper as the most unavailable product across the major UK supermarkets in the last week ending 26th April 2020, with an average of 38.3% of items out of stock across the week, an increase of 5.1% compared to the previous week, according to new research.

E-commerce

5 tips for effective online messaging

April 28, 2020
5 tips for effective online messaging
5 tips for effective online messaging

Tone of voice is a crucial component of a brand’s identity and new channels of digital communication, such as messaging apps, all need subtly different approaches to make them effective. Julien Rio, Director of Marketing of RingCentral Engage Digital, outlines 5 tips for ensuring consistent messaging across all your digital communications.

Ads, Content, Social advertising

Guest comment: Agile platforms – their rise and reign of customer engagement

April 28, 2020
Guest comment: Agile platforms – their rise and reign of customer engagement
Guest comment: Agile platforms – their rise and reign of customer engagement

As the number of devices is exploding, customers have more channels than ever to interact with brands. This has created a shift in consumer engagement, one that clunky legacy platforms are not equipped to cope with – why? Because their multiple solutions don’t talk to each other. James Manderson, General Manager of engagement platform Braze … [Read more…]

Ads adtech, advertising, digital data
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