Online Ad Spending to Outpace Print in 2010
According to Web Pro New's latest article, Internet advertising expenditures are expected to surpass Print advertising expenditures in 2010. (Article can be seen below). Spending on online advertising and marketing will surpass print in 2010 for the first time, according to a new report from Outsell.
Why is Online advertising becoming so popular?
It seems that everyone is online these days and your company's website is a direct reflection of their brand. Websites used to be optional, as an added form of advertising; now they are vital to success. as a result, companies are now dedicating more of their resources toward increasing and optimizing their online presence to reach their target markets. Just having a website is not enough these days, you have to consistently update your content, optimize for search engines, and maintain your online presence.
Another key statistic I found is that the highest return on investment advertising channel is an advertiser's own website. Point being that you have to spend your marketing dollars in the highest performing marketing channel available - and your company's website should be just that; a high performing channel of advertising.
What can Alternate Image do to improve your online presence? Give us a call for a website consultation at 386-760-1774.
Online Ad Spending To Outpace Print In 2010By Mike Sachoff,
Article Reposted from WEB PRO NEWS
Companies will spend $119.6 billion on online and digital strategies, from search engine keywords to webinars, while committing $111.5 billion to print such as newspapers and magazine ads. Overall, U.S. spending on advertising and marketing will increase in 2010, but only by 1.2 percent to $368 billion.
Outsell forecasts spending, share, and growth for five media categories including online, events, print, TV/radio and PR/other.
"Advertisers are directing dollars toward the channels which generate the most qualified leads and most effective branding," said Chuck Richard, Vice President and Lead Analyst, Outsell.
"As they emerge from the recession, they need more accountability, and they're spreading their spending over a widening set of options."
Print magazine advertising will be up 1.9 percent to $9.4 billion even with the popularity of online channels.
Other key findings include:
*51 percent if B2B marketers rate Facebook as extremely or somewhat effective, followed by LinkedIn (45%), Twitter (35%) and MySpace (25%).
*B2B advertisers see cross-media marketing as most effective; 78% combine three or more major marketing methods.
*Methods creating the highest B2B ROI are topped by advertisers' own websites, followed by conferences, exhibitions and trade shows: direct mail; search engine keywords; and e-marketing/e-newsletters.