Only nine seats remain

for the Digiday Programmatic Marketing Summit, May 6-8 in Palm Springs.

SECURE YOUR SEAT

Luxury Marketers Move Online Fast

At Digiday’s Luxury Breakfast last week, Martini Media CEO Skip Brand shared with the audience the results of their “Engaging the Affluent Survey.” The study of more than 345 luxury marketers found that while chic brands spend less online than mass market brands online, they’re coming on fast.

Agency executive estimated that 31 percent of luxury marketing budgets go toward digital versus 37 percent of mass marketing brands. But 43 percent of respondents felt luxury marketers are moving online more quickly, with the highest growth coming from social, mobile and video.

Watch the video below for more survey results and to find out just what matters most to luxury brands online. Download the full whitepaper here.

 

More in Marketing

Who is OpenAI’s global head of ads, David Dugan?

Digiday talked to people who’ve known him throughout his career to find out exactly why OpenAI believe he’s the right person for the job.

Google says its AI-powered ads help some brands lift online sales by 80%

ModernRetail spoke with Courtney Rose, vp of retail at Google Ads, at Shoptalk Spring about early results from AI-powered campaigns.

TikTok’s Khartoon Weiss to exit the platform as its N. America lead of global business

Weiss, who was North America head of global business solutions at the company, is leaving on Friday, according to a memo shared with clients.