2023 H1 Marketing Data Review: Measuring Uncertainty, Budget Adjustments, and Platform Migration Take Center Stage
In the first half of 2023, the marketing industry faced core issues such as measurement uncertainty, budget adjustments, and platform migration. Data shows that social commerce is expected to reach $79.6 billion by 2025; YouTube advertising revenue grew by 4%, covering 2.07 billion adults; marketing budgets accounted for 9.1% of company revenue, down 0.4 percentage points year-over-year. Meanwhile, retail media became the fourth-largest advertising channel, with spending expected to reach $121.9 billion in 2023.

H1 2023 Marketing Data Review: Measuring Uncertainty, Budget Adjustments, and Platform Migration Take Center Stage
In the first half of 2023, the marketing industry moved forward amid multiple variables. From the continued expansion of social commerce, to the advertising competition between YouTube and TikTok, to the rise of in-game marketing, the data reveals the latest trends in the industry. This article, based on data released by organizations such as Merkle, WARC, Newzoo, and Gartner, outlines key trends.
Social Commerce: Potential Continues to Be Unleashed
According to Merkle's forecast, social commerce sales are expected to surpass$79.6 billionby 2025. In terms of consumer engagement,36%of consumers have participated in live shopping events, and60%of consumers have expressed interest in purchasing products directly through social media. These figures indicate that social commerce is transforming from an emerging channel into a sales battleground that brands cannot afford to ignore.
Platform Battle: YouTube vs. TikTok
WARC data shows that YouTube's advertising revenue is expected to grow by4%in 2023, double the growth rate of the previous year. Its ads reach2.07 billionadults globally, which is nearlytwicethe reach of TikTok and Instagram combined. Additionally, YouTube's daily video watch time exceeds1 billion hours. Meanwhile, TikTok has a significant influence among younger demographics:70%of Gen Z TikTok users say they are more likely to engage with content after making a purchase compared to other platforms;67%of teenagers aged 13 to 17 have used TikTok. Both platforms have their own advantages in user scale and monetization, and brands need to develop differentiated strategies based on their target audiences.
Gaming Marketing: Reaching a New Generation of Consumers
Newzoo's research shows that gaming has become a mainstream form of entertainment.93%of Generation Alpha have played video games in the past six months;43%of global internet users have spent money on gaming. More notably,48%of gamers say they are more likely to purchase a brand's products if the brand appears in their favorite games;51%of gamers have discovered new brands during gameplay. In-game advertising and sponsorships are becoming effective ways for brands to connect with younger consumers.
Budget Allocation: Overall Contraction, but Increased Technology Investment
Gartner data shows that marketing budgets in 2023 account for9.1%of company revenue, down from9.5%the previous year. In terms of investment structure,26%of marketing spending goes to paid media, the largest share. Despite overall budget tightening,63%of marketers report increasing marketing technology investment in 2023, but75%of CMOs face pressure to cut marketing technology spending. In the analytics space,51%of marketers increased marketing analytics investment, and46%increased customer analytics investment. This indicates that, with limited budgets, companies are more inclined to invest in tools that enhance efficiency and measurement capabilities.
Consumer Behavior: Higher Expectations, Less Patience
Gartner's consumer research reveals several key signals:72%of consumers believe companies should sacrifice some profits to serve them better;54%of Gen Z are trying to reduce their social media usage time; Gen Z and Millennials pay more attention to sustainability factors on product labels than others when making purchases. Additionally,62%of consumers say they would stop buying if brands shrink product sizes (i.e., 'shrinkflation'). These data remind brands that, while pursuing growth, they must prioritize consumer trust and social responsibility.
Measurement Uncertainty: Core Pain Point of the Industry
WARC's survey shows that25%of marketers rank 'obtaining accurate measurement data' as their top concern for 2023. In terms of advertising effectiveness, nearly60%of return on investment (ROI) comes from long-term advertising effects. Meanwhile, retail media has risen to become thefourth-largestadvertising channel, with total spending expected to reach$121.9 billionin 2023, a year-over-year increase of10.1%. Against the backdrop of the gradual phase-out of third-party cookies and stricter privacy regulations, establishing a reliable measurement system has become a critical issue for the marketing industry.
Overall, the data from the first half of 2023 paints a picture of a marketing landscape full of challenges and opportunities: budget growth is slowing, but technology investment remains strong; platform competition is intensifying, but new channels (such as gaming and retail media) offer incremental growth; consumer expectations are higher, but loyalty is more fragile. Brands need to find a balance between data-driven strategies and consumer trust.
Further Reading
- 6 campaigns that broke through the creative rut of H1 2023(By Peter Adams, Jessica Deyo • July 11, 2023)
- Culture wars rage on, forcing marketers to decide whether to reevaluate or retrench(By Chris Kelly • July 11, 2023)
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Sara Karlovitch(Deputy Editor)

Jasmine Ye Han(News Graphics Developer)