Political campaigns are forecast to spend over $1 billion on digital advertising this election cycle, and they have more online, social and mobile options than ever before. But so far, just three platforms are set to claim most of the political digital ad spend--Google, Facebook and Twitter--reports AdExchanger, a digital marketing trade publication. Political campaigns tend to end up with Google or Facebook even if they buy via a political ad network or independent media/technology seller, the report notes. One reason is that political ad buying involves long-term planning and reserved buys of short duration, which is very different from the iterative testing and optimization that independent agencies are used to handling for brand advertisers. The leading digital platforms also have benefited this election from the disruptive impact of "earned media," the free coverage that GOP presidential hopeful Donald Trump used in trouncing the Rubio and Bush campaigns despite their big paid-media spends. Paid-media effectiveness doubts have sent political operatives looking for safe bets--and that benefits proven digital media incumbents. The Digital Big 3 have further honed their edge by aggressively hiring political insiders with Democratic or Republican connections in building their account teams. The AdExchanger article cites recent VP of policy hires such as a GOP congresswoman for Google, a George W. Bush aide for Facebook, and a senior Democratic aide for Twitter. Plus, Facebook and Google have developed new tools specifically tailored to politicos. Facebook offers targeting of "political influencers" who actively consume and share political news on the platform, and, new for 2016, voter file matching. Meanwhile, Google has introduced a beta tool just for presidential candidates, Posts, which gives them some control over which content is displayed in a search of their name. For more, read http://adexchanger.com/politics/three-big-web-companies-are-dominating-political-ad-budgets/
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