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Online Ad Spending to Shrink?

Tue, Oct 28, 2008

E-Business

Will online ad spending suffer because of the bleak economic times? Jury’s still out on that one. But if there are budgets to be trimmed, traditional media seems to be the first choice.

According to a June McKinsey & Co. survey of 340 senior marketing executives worldwide, 91% are using online advertising, and over one-half indicate that their companies plan to maintain or exceed current levels where possible. Even more telling, 55% of marketers said they’re cutting expenditures on traditional media, precisely in order to increase funding for online efforts.

With search adoption increasing, more and more marketers should look at shoring up the budgets for the channels that provide the best ROI, while drastically reducing cost for the ones that ummmmmm give you good branding returns.

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This post was written by:

Marc - who has written 762 posts on Macalua.com.

Marc is currently Philippine VP of Marketing for U.S. Auto Parts Network Inc. (NASDAQ:PRTS), a Top 200 web retailer as ranked by Internet Retailer Magazine. He breathes SEO, PPC, web analytics, affiliate marketing, email marketing, comparison shopping engines, usability and conversion optimization together with 80 other rising superstars in the Philippine Internet marketing scene. Marc is also the founder of SEO Philippines and is a certified Ateneo Blue Eagle fanatic.

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9 Comments For This Post

  1. Chris Says:

    What’s a “Guro”?

  2. Marc Says:

    Definitely not a typo :) Guro = teacher

  3. Brix Says:

    internet reaches a lot more people and i think advertisers knows this as a fact.

  4. makstreet Says:

    ;)

  5. animalszone Says:

    Согласен, это замечательный ответ
    Если нужна помощь сюда http://animalszone.net/bespozvon

  6. web design san antonio Says:

    Really? i don’t know this one. I am very thankful that you inform us. Great post.

  7. Mia Harris Says:

    i love Online shopping because it is so convenient and it is just one click away.,*;

  8. James Douglas Says:

    Great information can’t wait to try it. James Douglas

  9. Morgan Parker Says:

    online shopping is very exciting because you do not need to go on a shopping store to purchase items.:,~

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