Co-Founder of Unearth, a digital-first agency and Co-Founder of Fox & Hounds
This November’s election looks like another record setting cycle, perhaps being the most expensive midterm election in U.S. history. According to the Center for Responsive Politics, campaign spending has already surpassed $1 billion for U.S. Senate and House campaigns nationwide, with forecasts that it will top out somewhere around a whopping $3.7 billion for those races alone.
Of course, California is leading the way in reaching new heights at the state level. With more records set in the June primary, highlighting the fact that the California elections are keeping pace with these broader national trends. It seems that the name of the game continues to be how much money can be raised and spent, with little regard to how effectively these funds are be used.
If recent campaigns can be counted on as providing reliable clues for how campaign dollars will be spent, then it is almost a foregone conclusion that the vast majority of spending will once again be on traditional media, especially television. Major evolutions in technology, however, call into question the wisdom of spending advertising dollars predominately, if not exclusively, on traditional media. And, this year should be the year when those who invest their dollars in political campaigns demand more for their investment.