It’s not only in the West where social media advertising revenues are growing rapidly. In the Asia-Pacific region they’re rocketing. In fact, China is fast catching up with the market leader, the US, with eMarketer predicting revenues of $3.4 billion for 2015, almost doubling to $6.1 billion by 2017. To add some context, this represents around 12.5% of all digital ad spend in the country.
But China is not alone in its hunger for social advertising. The Asia-Pacific region overall is performing well, with eMarketer forecasting 2015 revenues to reach $7.4 billion, a huge 43% jump from 2014.
This is great news for publishers and social media channels, as well as for advertisers who can tap into this increasingly socially active audience. It also has the potential to push the already fast-growing programmatic sector through the roof. But there’s just one problem, and it’s quite a significant one – language.
The simple fact is that the majority of programmatic advertisers use contextual – or at least text-based – data for targeting ads. And very few data partners offer global reach in terms of languages and dialects. This can cause complexities and create barriers for brands looking to target global online and social audiences with their advertising.
So what’s the answer?