Back to Blog

Technology Continues to Thrive Despite Financial Uncertainty

Technology Continues to Thrive Despite Financial Uncertainty
Tricia Allen

CES starts this week and at Reticle, we are pumped to check out the latest and greatest in Technology, especially as it relates to marketing.

Technology is supposed to make our lives easier and this year, many of the themes we will see at CES are centered around human security and will explore the power of technology to revolutionize how people connect.

Technology is a big aspect of our economy as well, and tech brands contributed 9.3% to the country's GDP in 2021! As we kick off Q1 this year, we see predictions that tech brands will continue to spend despite the looming financial uncertainty. Click here to read more predictions with some key insights below:

  • More than 21,000 brands spend nearly $12 billion on advertising, a 27% increase from 2021.
  • 53% of that spend comes from the top technology brands, including Adobe, Alphabet, and Amazon.
  • The top categories include Software, Consumer Electronics, and Telecomm Companies.

2023 and the economy will put pressure on tech advertisers, but we still expect many to continue to spend significantly in advertising.

Ensuring that tech brands continue to drive mental availability and attention is more important than ever but it’s not only critical for tech companies, it’s critical for ALL brands and there was no greater proof of that than during the Covid-19 pandemic.

Making advertising dollars work harder than ever should be the focus this year. Ensuring you are effectively utilizing precious media dollars to maximize sales results is what will help CFO’s sleep better at night and help avoid a year of constant budget cuts.

CES will showcase many of the newest advances in technology particularly as it relates to marketing with a focus on AI, sustainability and creating and improving experiences with consumers. Part of creating experiences involves creating a connection and maintaining relevance.

We are excited to share how our product can help tech companies and all marketers capture attention and have their ad seen by the people who are most likely to engage with them. Our award winning AI aligns the ad within emotionally congruent digital content and we can’t wait to share a sneak peak of our newest platform at CES this week in Las Vegas!

While 2023 may be a year of uncertainty, there are still results to deliver, and we are ready to get going and help you deliver emotion, connection and relevance while ultimately helping deliver results!!!!

Stay tuned for our thoughts and updates coming out of CES. 2023 is going to be a wild ride! If you can’t make CES and want to learn more about Reticle and get on our wait list for the new platform, reach out.

Want to Learn More?

Give us a shout and let us know how we can help.

More from the Blog

100 pitches, 99 no’s: Why we keep coming back for more

100 pitches, 99 no’s: Why we keep coming back for more

Let’s set the record straight: if we really heard 99 “no’s,” we wouldn’t still be in business. As a media buying and planning agency, what we’ve experienced instead is a learning curve that highlights an unaddressed issue in advertising and marketing. The problem isn't that brands keep rejecting our pitches -- it's that there's a disconnect between what the brands say they value and want, versus the reality of how they actually make their decisions.

Read Story
Hotspex Media Honoured with 2024 Canada’s Most Admired™ Corporate Cultures Award

Hotspex Media Honoured with 2024 Canada’s Most Admired™ Corporate Cultures Award

We’re proud to announce that Hotspex Media has been recognized as a 2024 Canada’s Most Admired™ Corporate Cultures Award winner in the Growth category! 

Read Story
Forbes Feature: Marketers Are Seeking New Ways To Ensure Brand Safety On Digital Media

Forbes Feature: Marketers Are Seeking New Ways To Ensure Brand Safety On Digital Media

On August 9, the World Federation of Advertisers announced the discontinuation of the Global Alliance for Responsible Media (GARM), a crucial initiative aimed at monitoring brand safety in digital advertising.‍In response to this significant change, our President Josh Rosen shared his thoughts with Forbes, emphasizing the need for brands to adapt to the evolving landscape of digital advertising.

Read Story