Martini Media released an infographic that explores how luxury auto brands are driving digital adoption.
Here are some of the highlights uncovered:
- This year, 94% more auto brands are utilizing digital video than last year
- Luxury auto marketers devote 28% of their budgets to digital, compared to all auto marketers who invest 40% of their budgets in digital
- 40% of luxury auto marketers expect double-digit growth with the investment in digital channels
- 65% of agencies say auto brands are moving into digital channels more quickly than other brands
- Social and mobile are quickly growing in importance as advertising channels for auto brands
- 95% of auto brands believe that high impact rich media is as effective as TV advertising
- 61% of auto brands will be shifting TV ad dollars to online video efforts
The research behind the study was led by well-known researcher Michele Madansky.