Monday, July 6, 2009

Online Ad Spending Rises At Double-Digit Rates, Gains Share Vs. All Other Media

The agency estimates that Internet ad spending will expand 10.1% in 2009, an increase of more than 1.5 percentage points over its last forecast in April.

This is amazing as the internet is becoming the dominant medium information. This dominance is slowly affecting the advertising world as well.

-"By 2011 we expect it to account for 15.1% of all ad expenditures, up from 10.5% in 2008," the report predicts. "Most of this growth will come from paid search, which is an ideal method of reaching consumers looking for bargains. In the U.S., we predict search advertising to grow 20.0% in 2009, while traditional display grows 3.0% and classified grows just 1.8%." -

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