Automotive advertisers underpin Australian media as other advertisers fall away data reveals
Growth in the Australian advertising sector is being underpinned by the automotive industry, with TV and digital relying heavily on car makers for revenue as other sectors fall away, new Standard Media Index figures have revealed.
And growth in the auto category is been driven by a massive shift in spending towards SUVs as more car makers turn their focus away from small vehicles and large cars.
Speaking at the Mumbrella Automotive Marketing Summit in Sydney, SMI Australia and New Zealand managing director Jane Schulze said media owners owed the cart industry a debt of gratitude for helping to sustain growth in ad spending where almost all sectors other than supermarkets were reducing spending.
