Advertisers in China has reduced ad spending on traditional media in recent years. This decline is particularly distinct in newspaper advertising. Between 2013 and 2018, newspaper ad revenue fell from 42.5 billion yuan to below ten billion yuan. Magazine advertising is also on the wane. In comparison, traditional broadcast advertising still maintains a considerable market share. Television is the most favorable advertising medium, especially among food and beverage brands.
Out-of-home (OOH) advertising, particularly subway ads, is an effective offline-to-online (O2O) marketing medium. The metro advertisements in China often include QR codes, which direct consumers to the brand’s Wechat page. Another common advertising format in subways in China: zoetrope, a digital imaging system installed in metro tunnels. Passengers can see a series of moving images inside the train on the window, which looks like a 15-second video. With these technology changes, OOH ad spending would very likely surpass 70 billion yuan in China by 2021 .
In a country with the largest online community in the world, the internet is gaining more market share in the ad revenue in China. E-commerce, search engines, and social media advertising are thriving. In 2019, advertisers spent over 50 billion U.S dollars on mobile ads in China. WeChat, the most popular app in the country, plays a major role in brand promotion. Its Mini Programs provide advanced features to consumers, such as e-commerce and task management. With its significant market penetration and conversion rates, WeChat would probably remain as the most important channel for online advertising in the next few years.