蘑菇AV

And we've also, in terms of credit card spend, one of the top spending categories is always travel and experiences for this generation. I mean it kind of goes hand in hand to that, that they want these crazy experiences, they want to travel. They're not as much focused on saving money they want to spend and experience life right now. Rob Rubin (10:09):. We are headed for a big wall, I'm telling you.

Conversely, healthcare and pharma spends less on display ads as a share of total digital ad spending (42.9%) than any industry we cover, except for travel. Total display ad spending will reach $9.48 billion in 2024, up 15.3% YoY. Display spending growth will slow to 4.5% next year and 8.3% in 2026, when it will reach $10.74 billion.

Listen to the full episode to hear 蘑菇AV analysts Arielle Feger and Sarah Marzano discuss what commerce media encompasses, the size of the financial and travel networks, and the companies to pay closest attention to in this space. How retailers are using GenAI鈥攁nd when they should absolutely not use it.

For example, an issuer could advertise on a travel-related app about its travel credit cards. Sources. American Express. Bank of America. Block. Board of Governors of the Federal Reserve System. Capital One. Klarna. PayPal. VantageScore.

Time spent with media was noticeably down YoY in China in 2024, possibly because of increasing domestic tourism within the country and an embrace of the outdoors following extended pandemic-related lockdowns. Time Spent With Media. Eight of 11 time spent categories saw double-digit minute declines in 2024.

The neobank launched the Ultra card, which offers travel, lifestyle, and investment perks. But stiff competition will pose a challenge.

The technology is gaining early traction in music festivals, trade shows, tourism, and real estate applications. This shift from complex development environments to user-friendly tools evokes the evolution that transformed website-building from a developer domain to an activity accessible to everyday users.

Dining out and travel are the leading splurge categories among adults ages 58 to 74, according to McKinsey & Company. While they treat themselves to restaurants, dining out, and bars at the same rate as the general population (41% versus 40%), they are the most likely to travel (39% versus 30%) due to financial stability and free time.

Every industry we track favors display over search except two: travel and healthcare and pharma. While CPG鈥檚 split is extremely close to the national average, its scale means even small differences in share can amount to large dollar figures. CPG will spend almost $9 billion more on display than search this year.

Microsoft鈥檚 AI assistant now handles bookings, shopping, and podcast creation, aiming to close the gap with ChatGPT by delivering real utility, not just enterprise hype.

Peloton balances expanding retail presence without busting budget: The company will build more 鈥渕icro-store鈥� kiosks as it pushes to meet consumers where they are.

More financial services and travel providers will build proprietary ad networks as the race to deliver exclusive first-party insights and ad inventory on owned and operated digital properties intensifies. Policy shifts will have ripple effects on cross-border ecommerce across Latin America. Regulatory changes will shake up cross-border ecommerce in Latin America鈥檚 largest markets.

It excludes YouTube and Twitch, cash transactions, travel and event tickets, tips, subscriptions, payments such as bill pay, taxes or money transfers, food services and drinking place sales, gambling, and other vice goods sales.

Even in sectors where demand is recovering, such as travel, Chinese consumers are being more measured with their spending. Duty-free sales in Hainan province, a popular destination for luxury shopping, fell 29.3% YoY in 2024, per Reuters.

What this means: While BNPL is often touted as a way to finance big purchases like appliances or travel, consumers are also using the plans for smaller, everyday purchases like groceries. They鈥檙e using the plans like they would use a credit card. And while this isn鈥檛 necessarily a bad thing, it could be a concerning sign for consumer financial health.