This year, the U.S. retail industry will spend $3.71 billion to purchase digital display ads programmatically -- nearly a quarter (24.9%) of the $14.88 billion U.S. advertisers will spend on programmatic buys, according to a new report from eMarketer.
The CPG and consumer products category is the second-largest sector for programmatic buying, and 63% of digital display ads among advertisers in that industry are purchased programmatically, eMarketer reports.
With more than $2 billion in programmatic spending, this year, CPG will account for 14.1% of all programmatic display dollars -- compared to only 8.5% share of digital advertising overall.
Among shifts by other industry leaders, Procter & Gamble announced last year that it would dedicate 70% of its digital ad budget to be purchased programmatically.
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Overall, digital ad spending in the U.S. will total $58.61 billion this year, according to eMarketer.
Retailers' ad outlays will comprise 22% of that figure -- or $12.91 billion -- by far outpacing all other U.S. industries. Advertisers in the automotive business will spend $7.30 billion on digital advertising, this year -- the second-largest sector at 12.5% of the US market.
In second place, financial services advertisers will spend $7.19 billion -- or 12.3% -- on digital ads in the US, this year.
On the mobile front, retailers will spend nearly twice as much as any other industry, this year, eMarketer expects. The sector's $6.65 billion will represent 23.2% of the $28.72 billion that advertisers in the U.S. will spend to reach consumers on mobile devices.
When it comes to digital video, the retail industry will account for 19.9% of the $7.77 billion to be spent on digital video ads in the U.S., this year. The auto industry will be the next largest spender on digital video advertising, allocating $1.1 billion this year, or 14.6% of all digital video ads – eMarketer predicts.
eMarketer’s report is based on analysis of hundreds of data sources as well as interviews with executives at ad agencies, brands and digital ad sellers.
Gosh, aren't those numbers a tad on the low side? Didn't a large agency forecaster predict that 50% of all media would be bought programmatically this year? Come on, eMarketer, isn't the "real" 2015 figure for programmatic buying closer to $120 billion, counting all of those big TV, radio and print automated media buys, of course?