Covid-19 clearly had an impact on the quarter, but year-over-year spending still grew across all channels through the end of March
January and February looked healthy, which served as a backstop to the spending decreases in the last month of the quarter. Since the initial hit, weekly spending has stabilized across multiple channels, and recovery will vary by industry category.
Ecommerce Channel Advertising surged in Q1, riding a wave of increased activity in March as shoppers prepared for an enforced stay-at-home lifestyle
This category picked up across channels in March as households upleveled their electronics to better adjust to more time at home in both a professional and a personal capacity
Spending and click-through rate increased in March as online shoppers bought personal care items in large quantities, but the lower unit price of these items translated to lower CPCs
After an initial decline, total spending for both the paid search and paid social channels has leveled off and begun to grow into the middle of April
ECOMMERCE
Ecommerce Channel Advertising surged in Q1, riding a wave of increased activity in March as shoppers
prepared for an enforced stay-at-home lifestyle
COVID-19 FOCUS: COMPUTERS & ELECTRONICS
This category picked up across channels in March as households upleveled their electronics to better adjust to more time at home in both a professional and a personal capacity
COVID-19 FOCUS: CPG
Spending and click-through rate increased in March as online shoppers bought personal care items in
large quantities, but the lower unit price of these items translated to lower CPCs
COVID-19 FOCUS: EARLY VIEW OF Q2
After an initial decline, total spending for both the paid search and paid social channels has leveled
off and begun to grow into the middle of April
Product Ad Spotlight
Product Ad Spotlight
Product ads comprised 38% of total Q1 spend for Shopping & Retail accounts in the social channel, and made up 44% of paid search spending in the same category
CORE TRENDS
Social
Trends
Spending on paid social ads grew 25% compared to the first quarter of last year
Skai estimates that spending growth without the impact of Covid-19 on social budgets would have been between 34% and 37%
Impressions continued to grow into Q1 from Q4 levels, even before increased usage of social media in mid- to late-March
Impressions
QoQ
+11%
YoY
+35%
Clicks
QoQ
-6%
YoY
+40%
Spending
QoQ
-18%
YoY
+25%
CTR
QoQ
-15%
YoY
+4%
CPM
QoQ
-26%
YoY
-7%
Search
Trends
Search volumes were up slightly for impressions, clicks and spending compared to the same period last year
Spending increased 1%, but Skai estimates growth would have been between 8% and 9% before the Covid-19 virus affected search budgets
Average cost-per-click decreased slightly year-over-year as the mix of search ads continued to shift towards mobile and product ads
Impressions
QoQ
-20%
YoY
+5%
Clicks
QoQ
-13%
YoY
+4%
Spending
QoQ
-19%
YoY
+1%
CTR
QoQ
+9%
YoY
-1%
CPC
QoQ
-7%
YoY
-3%
Privacy Preference
We use cookies on our website. Some of them are essential, while others help us to improve this website and your experience.
Here you will find an overview of all cookies used. You can give your consent to whole categories or display further information and select certain cookies.
Social Trends