A new report from online advertising company Turn suggests that costs for display advertising, video ads, and other rich media are rising, while those for mobile and social ads have fallen. The report also looks at a category of consumer that advertisers are spending heavily to reach — a group that Turn calls the “digital elite.”
The report is based on activity on Turn’s ad-buying and data-management platform between January and March. The company says its technology makes more than 50 billion advertising decisions every day.
Between January and March, the average eCPM (the cost per thousand impressions) for video ads grew 6.16 percent, from $9.41 to $9.99, Turn says. Display eCPMs grew from $0.92 to $1.06, up 15.2 percent. The company says this reflects advertisers’ desire “to reliably reach consumers through familiar, big-canvas formats.”
Mobile, meanwhile, dropped 45 percent from $1.31 to $0.72 — something that Turn attributes to…