mrge Releases New Industry Report That Sees Concrete Growth Opportunities Through AI
July 11 2024 - 6:00AM
mrge, the intelligent platform for
Commerce Advertising, presents the fifth edition of the industry
report "State of Commerce Advertising." This report captures the
industry's sentiment and identifies top themes to provide
actionable recommendations for the future. The results of the
second edition for 2024 are now available. Two topics stand out for
the surveyed publishers, advertisers, and networks: AI as a growth
driver and the anticipated Google updates, which will pose
challenges for the industry. This edition features guest questions
from Valeria Alesiani (Rakuten), Anke Arens (CJ), André Koegler
(impact.com), and Sol Wilkinson (Hello Partner).
Commerce Advertising has established itself in the industry and
remains an important revenue source: 88.9% of respondents report
that Commerce Advertising accounts for at least 10% of their total
revenue, and for 75%, it accounts for at least 15%. Additionally,
44.4% of respondents state that the relevance of Commerce
Advertising is increasing compared to other digital advertising
forms, while for 51.4%, it remains unchanged.
In the top three industry trends, Google updates are ranked
first by 72.1% of respondents, followed by AI/machine learning at
46.5%, and brand safety at 23.3%. When asked about the impact they
expect from upcoming Google updates, many respondents anticipate a
"big change." They believe that fundamental conditions—ranging from
traffic to stricter data protection rules and user privacy
handling—will change.
The implementation of generative AI is seen as the
second-greatest opportunity for revenue growth in the next six
months (by 32.6% of the respondents), only surpassed by increased
investment in partnerships (41.9%). The industry index shows that
respondents view AI as a growth driver in nearly all areas of
Commerce Advertising:
- 30.5% of respondents see "advanced targeting and
personalization," particularly through audience segmentation or SEA
optimization via AI, as particularly promising for growth.
- 27.8% name the creation of monetizable content as a strong
growth area.
- 25.0% consider customized content with personalized product
recommendations to be particularly future-proof.
Felix Witte, General Manager/SVP Publishers & Advertisers of
mrge, comments: “AI is the multifunctional tool that, according to
our respondents, will provide impetus and growth potential in
nearly all areas of Commerce Advertising. There are great
opportunities here. However, there are also challenges in the
industry with Google updates. The expected changes will alter the
conditions under which many market participants have operated so
far. Nonetheless, our industry is incredibly adaptable and can
respond swiftly to changes: More than 75% of respondents rate the
outlook for the second half of 2024 optimistically. This is a
record high compared to all industry surveys we have conducted in
the past two years.”
Selected results at a glance:
- Optimistic outlook for the second half of 2024: An overwhelming
majority (76.4%) of respondents are optimistic or very optimistic
about their own expected economic development in the second half of
2024.
- Transparency is highly relevant: Guest author Anke Arens from
CJ asked about the importance of transparency for Commerce
Advertising. Response: For an overwhelming majority of respondents
(94.4%), transparency is at least important, and for 50%, it is
even extremely important.
- Commerce Advertising has opportunities at all levels of the
sales funnel: André Koegler from impact.com inquired about the
possibilities of achieving growth in Commerce Advertising in the
early stages of the sales funnel. Respondents see opportunities in
strategic partnerships, social media, and the creation of valuable
content.
- Google with high priority in strategies for 2025: Sol Wilkinson
from Hello Partner asked about the significance of Google for
future strategy in light of Google updates and their impact on
affiliate marketing. For 61.1% of respondents, the priority remains
at today's level, for 25% it will increase, and for 13.9%, Google
will play a less strategic role.
For the industry survey "State of Commerce Advertising," 72
experts from around the world were surveyed between June 6 and 18,
2024. Participants included publishers, advertisers, networks,
agencies, and technology providers. All results of the industry
report can be found here.
About mrgemrge, the intelligent platform for
Commerce Advertising, connects over 5,500 publishers, 55,000
advertisers, and 100 networks across more than 160 countries. By
integrating smart tools, technologies, and formats, mrge brings
campaign messages closer to content, creating value for publishers,
advertisers, and users alike. mrge combines the strengths of four
market-leading companies: digidip, focusing on premium publishers
with high traffic; shopping24, offering solutions for product
recommendations; SourceKnowledge, an established CPC platform; and
Yieldkit, providing extensive reach and performance. Supported by
the private equity investment group Waterland as the majority
owner, mrge is led by CEO Dave Reed, CTO Nils Grabbert, CFO Michael
Schambach, and CRO Justin Kuykendall. mrge has offices in Hamburg,
Berlin (Germany), and Montreal (Canada), employing over 130
professionals.
www.mrge.com
Press Contact mrge:Lacy TaltonP: +1 252 467
5220E: lacy@evergreenandoak.com
Contact at mrge: Clara Luschnig P: +43 699
19261456E: clara.luschnig@mrge.com