Ad Spend Figures Don't Lie -- Print's Worst Days Are Yet To Come | Writing about Life in the digital age | Scoop.it

The figures from AA/Warc are in, and as expected, 2016 was a massive year for digital marketing -- particularly mobile marketing. It grew 45% last year, nearly four times the growth rate of Internet advertising. Although the growth of mobile will be steady, it is still forecast to shoot up 30% this year and 20% next. 


That's the headline, but lurking a little lower down we have the demise of print. It's at this point that I know someone will comment about print's many attributes, and as a journalist from way before computer screens brought us news, I couldn't agree more. The trouble is that the figures don't lie. I am not happy about it, and I don't welcome it, but print's demise will only continue, and will likely worsen. Here's why.

First the figures. National newspaper advertising was down 10% last year, and it will be down 7% this year and 7% again the year after, AA/Warc reveals. Regional newspaper advertising was down 13% last year. Yes, there were modest single-digit increases for digital advertising -- up 5% for nationals in 2016 -- but in no way do they plug the gap of larger declines in print. Put it this way -- a 10% drop in national print advertising is very roughly equivalent to a little over GBP100m. National newspaper digital revenues for 2016 were only GBP230m, so a 5% increase would have been very roughly a little over GBP10m. That means, as a very rough calculation, that national print's losses were ten times the size of any digital gain. 


Via Jeff Domansky