Ad spends on LinkedIn | Maruti Suzuki’s Q2 result | LS Digital’s steady rise

Storyboard18 brings you top five news updates from the world of advertising, marketing and business of brands.

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  • Storyboard18,
| October 29, 2024 , 4:59 pm
LinkedIn’s CPM rates in India are up to 15-20% higher than other social media platforms
LinkedIn’s CPM rates in India are up to 15-20% higher than other social media platforms

High costs and limited returns- Ad spends on LinkedIn likely to go down 20%

Brands are rethinking their advertising investment in LinkedIn ads as CPM rates on the platform have more than doubled in the past two years. The rates currently stand at 15-20% higher than other social media platforms.

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Maruti Suzuki’s Q2 result: Profit down 17.4%, revenue flat, export sales up

Maruti Suzuki’s Q2 result: The Company sold a total of 541,550 vehicles during the quarter, of which the domestic market volume was 463,834 vehicles and the export volume was 77,716 vehicles.

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Agency In Focus: Challenger firm LS Digital’s rise in the advertising world

By capitalizing on programs such as the Google Marketing Platform (GMP) and the Direct-to-Consumer Acceleration Program (DAP), LS Digital was able to sidestep the common challenges associated with late market entry.

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Truecaller urges TRAI to allow telcos to work with third party apps to curb spam: Report

In its suggestions to the Telecom Regulatory Authority of India (TRAI) to regulate spam, Truecaller asked to allow telcos to work with third-party apps for AI-enabled spam solutions.

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Flipkart’s advertising income jumps 51% to Rs 5,000 crore in FY2024: Report

Flipkart revenue stood at Rs 17,907 crore in 2023-24 while losses fell by 41 percent to Rs 2,358 crore.

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