The future of...
Not so often has 'The future of...' been the title of presentations. The economic downturn is accelerating the need to know in which direction industries will move. The UK Institute for Practioners in Advertising (IPA) released a report on the future of advertising titled: 'Social Media Futures - The future of advertising and agencies in a networked society. A 10-year perspective'. The focus of the report is on social networking, and the way this is transforming society. When social media could take the lead in future brand communication, and the ad industry does not react appropriately, the market face a growth of only 1,2% per year in 2016. With social media growing in importance, the paid-for advertising will represent a decreasing share of all advertising activities. The report includes advice for agencies about to benefit from this shift of channels.
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