Comments on: Forecast Calls for More Online Advertising Spend; Who’s Keeping Score?

By: Online Marketing India

Online Marketing India — Wed, 23 Jul 2008 08:15:12 +0000

Internet market is going to expand even more…at least that we can be sure of.

By: Juicy Links: June 30 - July 4 : Exclusive Concepts Blog

Juicy Links: June 30 - July 4 : Exclusive Concepts Blog — Tue, 08 Jul 2008 16:06:34 +0000

[...] Forecast Calls for More Online Advertising Spend; Who’s Keeping Score? [...]

By: Erik

Erik — Sun, 06 Jul 2008 19:03:23 +0000

Definitely great news. I think spending has to increase. With gas going up, more people are going to get online to buy things. With more people online, more advertisers are going to get away from traditional ad spending and into the online world. Has to go up right? Erik's last blog post..Wanna Buy Some Blogs?

By: Jonathan Barnard

Jonathan Barnard — Wed, 02 Jul 2008 14:56:03 +0000

We’ve been tracking the global internet market since 1995 (and the traditional ad market since 1988), and I’m not afraid to admit that we’ve consistently underestimated its growth. There are two main reasons for this. First, new types of internet advertising are being developed all the time, and it is very difficult to predict in advance which will take off. Second, the bodies in each country that monitor ad expenditure (and which we rely on for historical ad expenditure) lag behind the pace of change – only after a particular form of advertising has been around for a while is it properly measured. We consider these forecasts our best estimate given the information available at the time, but know that we can be surprised like everyone else.

You can find summaries of our previous five forecasts here: http://www.zenithoptimedia.com/gff/index.cfm?id=77. This time last year, for example, we predicted the internet would account for 8.6% of global ad expenditure in 2008. One thing we did not know last year was how much the credit crunch would dent corporate confidence. This has accelerated the shift of budgets to the internet, where advertising is more accountable and gives a much clearer ROI than in the traditional media.

By: Cristiano Ronaldo

Cristiano Ronaldo — Wed, 02 Jul 2008 08:40:36 +0000

Yeah, but you expect the users to smarten up and not get tricked into clicking on ads in the future. I think lots of companies could end up being disappointed at the conversion rates after big internet marketing spending. Cristiano Ronaldo's last blog post..Ronaldo snubbed from Euro 2008 XI

By: Seo Positive

Seo Positive — Tue, 01 Jul 2008 21:04:48 +0000

It will be interesting to see the turn out in 2009. One thing si for sure, If you look back 3 years ago at hat was being spent on online marketing, and look at what is being spent now you will see that there is a huge difference. I have no actual report for this, im just basing this on my existing clients. What they spent then, and what they are spending now. I know that this is also ddue to inflation, however I think most people should see this same effect when reviewing your clients budget across the board.

By: Warenwirtschaft

Warenwirtschaft — Tue, 01 Jul 2008 16:36:31 +0000

Those companies just try to get press-coverage and obviously it works well. It does not matter if they get these numbers from the spinning of a dead frog. The press is happy to write about it.

By: Frank Reed

Frank Reed — Tue, 01 Jul 2008 15:17:03 +0000

Ah yes….isn’t that part of the wonder of the internet? It’s completely measurable ….. or is it? Since most people have a tough enough time measuring traffic etc. for their own sites I have learned to chuckle at these WAG’s regarding online ad spending etc. No one knows. The only thing that matters is that it works and those who use the medium effectively will more than likely come out on or near the top of the heap.

Frank Reed’s last blog post..Small Business To Do – Stop Talking and Start Doing