The turmoil surrounding tariffs may result in a 10% cut in advertising budgets for media planning and buying.
Cutting back ad spending has negative consequences, as brands lose future revenue.
The review of media planning and buying should consider the long-term ROI multipliers and the full-funnel effectiveness of various media channels.
The media mix varies in different verticals, with large automotive advertisers investing more in traditional formats and retailers balancing between traditional and digital media.