Why AI, revenue diversification and ad spend are the defining 2024 trends for media companies

Will Barker, manager, strategic customer success, BlueConic

The media and publishing industry is constantly evolving. With this, it’s often difficult to keep up with the latest trends, especially with fast-evolving technologies emerging all the time and ripple effects remaining from the global pandemic. 
To ensure 2024 is a fruitful year, media companies and publishers should look out for the major trends likely to dominate the industry and how first-party data will come into play. Between the rise of AI, the lack of subscription growth and a challenging market, publishers and media companies are focusing on engaging their readers for continued loyalty, diversifying offerings, reaching younger generations and using AI to all its advantages.  

The rise of AI is pushing publishers to focus on direct reader engagement

Research shows declining website traffic has been a critical challenge for publishers in 2023 with almost 50% citing it as a significant concern. As if that wasn’t enough, the advent of generative AI technologies like ChatGPT is creating a new paradigm where users can directly ask AI models questions and receive answers without sifting through a list of search results. This further compounds the issue for publishers heavily relying on SEO traffic to their websites. 

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Yahoo’s New DSP Feature Relies On A Mix Of AI And First-Party Data

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How Soda Brand Poppi Is Quenching Its Thirst For Closed-Loop Attribution

CPG brands buy digital media to make their in-store sales pop. But attempts to measure the impact of digital ad dollars on physical sales often fall flat. Blame it on retail data silos, said Graham Goeppert, VP of digital commerce and media at probiotic soda brand Poppi. Real-time inventory information typically sits separately from sales […]

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The Pilots Delivering Your Amazon Packages Are Ready to Strike

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The Rundown: How brands can cut programmatic wastage

Marketers’ media-buying teams can realize a collective cost-saving of $22 billion by streamlining their programmatic ad buys for the open web to prioritize the quality of cut-price options, according to the latest study from the Association of National Advertisers.

The trade organization made the observations on the second installment of its programmatic transparency study, which further recommends that any brand spending over $50 million per year appoint a chief media officer to oversee the intricacies of the ad tech landscape.    

This release is the second installment of the ANA’s programmatic media-buying audit of the open web, released after its opening “First Look” found that 15% of the money spent on the audited campaigns — and 21% of the total impression volume — was on made-for-advertising sites.

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