SURVEY DETAILS
TARGET POPULATION
GLG surveyed 80 marketing leads based in the US, Europe and Australia. This is the third iteration in this series.
What will you learn from this survey?
- The survey analysed the strengths, weaknesses and use cases of Instagram, Pinterest, Facebook, X (F.K.A Twitter), Google Ads, Amazon, TikTok and Trade Desk in digital strategy.
- Respondents commented on the vendors they use, their budgets for these and how budget allocation has changed over time as well as the expectations of growth for these vendors.
- Lastly, the research captured respondents’ views on loss of third-party cookies and how this may affect budget and ROI.
Examples of findings:
- Almost seven-in-ten (69%) expect Google advertising to grow the most in the next 2 years, X-Ads is least expected to grow (1%).
- Nearly three-quarters (74%) of TikTok advertising users increased their budget in 2023 compared to 2022, on the other hand over six-in-ten (63%) reduced their budget for X-Ads.
- Google Ads is still the platform delivering the highest ROI satisfaction (59%), however, satisfaction level is at its lowest compared to previous years.
DELIVERABLES
The GLG Surveys team drafted the questionnaire with the support of GLG Network Member, Jonathan Kagan, Director, Search & Media Strategy at Amsive Digital.
- 1 x Individual responses (“raw data”) in Excel.
- 1 x PPT report with aggregated data.
- Executive summary with key takeaways and highlights from the raw data.
SAMPLE QUESTIONS
- For which of the following platforms do you expect to see the most growth in the next 2 years?
- What impact does the loss of third-party cookies have on your budget plans for the following vendors?
- What has been the impact of Google’s Performance Max campaigns, on its share in the total advertising spend?
- Has Pinterest’s new overview feature influenced your ad spend?
- In your opinion, is X (formerly known as Twitter) considered a safe platform to still advertise on?
- Which of the following strengths of the Tiktok platform are the most beneficial for your business?
- With the rise of CTV advertising, what level of growth do you think Amazon’s market share will have in 2024?
ACCESS
This survey is available to subscribers of the Technology, Media and Telecoms (TMT) sector (Limited subscriptions and above). This offer includes the raw data file and a high-level presentation through PowerPoint. Please contact your GLG representative for details on your firm’s access.
DISCLAIMER
Please be advised that GLG Network Surveys operate differently than traditional GLG consultations, surveys, teleconferences, etc. and it is advisable that you consult with your firm’s legal and/or compliance department to review your use of the product and the payment for such work under your current subscription.
By downloading this document and/or participating in the Network Survey, you understand and agree that the information and material provided by GLG, including survey results and survey proposal information, is provided for your own insight and informational purposes only. You further acknowledge and agree that this is a Network Survey for multiple GLG clients, and the results will be provided to all GLG clients that agree to participate in the Network Survey and GLG clients that agree to purchase the Survey results in the future. All survey results do not constitute investment advice or a recommendation. In using this Survey, you agree to hold Gerson Lehrman Group and the Survey respondents harmless and free of all liability as a result of your use of this Network Survey, other than liability resulting from the gross negligence or wilful misconduct of the protected party. You otherwise agree to be bound by Gerson Lehrman Group’s Usage Policies in your interactions with Gerson Lehrman Group and your receipt of services. These Survey results are for are for client’s own use and client shall not redistribute, disseminate, publish, or display the same, in whole or in part, to any third parties or publicly without the prior written permission of Gerson Lehrman Group, except explicitly set forth in your agreement with GLG. This survey will be double-blinded to both client and respondent. GLG reserves the right to restrict the number of clients that can pre-commit access. These Network Surveys are priced outside of standard GLG subscriptions but at a substantially reduced price to commissioning a fully proprietary GLG Network Survey. Upon finding these terms acceptable, please send an affirmative confirmation via email, which GLG will file in its records. Once confirmed, please note that the Client’s agreement to purchase the Network Survey is a legally binding and irrevocable commitment. If the survey is not included within your subscription, GLG will invoice Client for the fees due for the Network Survey. Please note that some respondents may not be Network Members, and the Terms and Conditions of Network Membership would not apply to such respondents and detailed records for them will not be available aside from the information that GLG capture in the Network Survey.