Link to website home page Follow Coffeemate49 on Twitter Link to Living Streams Facebook Fan Page
Internet Newsroom header
 
                                    Bookmark and Share   Bookmark and Share
Social Media advertising wake up call from Forrester 08/05/2009 Forrester held their 2009 Internet Marketing Forum in Orlando on 23rd-24th April - titled 'Using the Down Economy to Catalise Marketing Change' (Tony Thornby)

Their forecast is that the percentage of all USA advertising spend that will be used online will grow STEADILY from 9% in 2009 to 19% in 2014.

One big winner will be mobile marketing with a prediction that it will grow from a $232M spend in 2008 to $1,274M in 2014 - a compound growth rate of 27% p.a.

There was however even more of a wake-up call for marketers who are social media / networking sceptics.  Forrester forecasts that this ad spend will grow from $455M in 2008 to $3,113M in 2014 - a massive compound growth rate of 34% p.a.

For those marketers would have declared search marketing as dead, Forrester predicts a comforting compound growth rate of 15% p.a. and 17% p.a. for display ads.

Bringing up the rear is email marketing - but during a recession would anyone really sneer at a compound growth rate of 11% p.a.?

Advertising spend goes where the potential customers can be found.  So the message is clear - for the second decade of the 21st century that it going to online and in the mobile airwaves.  Any company that doesn't move more of its advertising online is going to find that its advertising becomes dearer and dearer - as offline newspaper etc try to raise more money from less advertisers - and less and less effective.

And if that wasn't enough, analytics is now becoming so highly featured and so affordable that online / mobile advertising can be fine tuned for maximum return on investment. 

For those of us in the UK, there is no longer a 5 year time lag between USA and ourselves - more like 6 months.  So the above trends are coming our way soon....

 

 

 
Related Articles - in This News Category
                                                   
Copyright 2005-11 by Living Streams Consultancy UK Ltd
 
 
 
 
Breakfast Briefings
 
Link to main website
Newsroom Heading image
Link to Article Search
Latest News Articles Page link
Featured Articles Page link
Link to Article Editors
LINKS TO
NEWS CATEGORIES (left)   & RSS feeds (right)

Analytics
Link to E-Commerce news page
Link to Email Marketing news page
Internet Advertising (inc PPC)
Link to Living Streams news page
Link to General Web Developments news page
Link to Search Engines & Browsers news page
Link to Search Engine Optimisation (SEO) news page
Link to Social Media / Networks news page
Link to Online Video page
Link to Voice Over IP (VOIP) news page
Internet for Mobiles news page
Website Design graphic
Link to general Website Design news page
Link to Website Accessibility news page
Link to Website Persuasion Architecture news page

N.B Reader needs to be RSS2.0 compatible,
e.g. Google Reader, RSSreader

-----------------

If you're new to RSS feeds then this
RSS explanation page
will help