Digital Video Ad Spending to Surge in 2025: A Boon for Local Media Sales
The Interactive Advertising Bureau (IAB) forecasts a 14% growth in digital video ad spending in 2025, reaching $72 billion. This growth presents a significant opportunity for local media salespeople to tap into new revenue streams by selling video ads on their websites. The shift towards digital video is driven by its ability to deliver engaging, personalized, and shoppable experiences, despite economic uncertainties. As digital video is set to capture nearly 60% of total TV/video ad spend, local media salespeople can leverage this trend to enhance their sales strategies and offer more value to advertisers.