Last week Google reported an unprecedented profit surge during a recession in the US while everyone else was reporting the opposite. And now this news from my friend Nishad who gave me this tip.
MSNBC Reported today that online ad spend will overtake TV in 2009 in the UK.
Here is the full article.
LONDON - The Internet will usurp television as the biggest advertising medium in Britain by the end of 2009, according to a report published on Monday.
Britain has the most developed online advertising market in the world which the report by the Internet Advertising Bureau (IAB), PricewaterhouseCoopers and the World Advertising Research Centre said was worth 2.8 billion pounds ($5.6 billion) in 2007.
It said last year's 38 percent online ad growth was driven by the rising number of people online, the introduction of cheap laptops and the growing popularity of catch-up TV on the Internet through services such as Channel 4's 4oD.
"With broadband speeds on the up and consumers spending more time on more sites, the outlook for online advertising is rosy -- in fact we expect it to overtake TV in 2009 when it will become the UK's biggest medium," IAB chief executive Guy Phillipson said in a statement.
The report said the Internet was the biggest driver of overall advertising growth in 2007, with the entire sector in Britain experiencing 4.3 percent growth to 18.4 billion pounds.
Online ad spend had a market share of 15.3 percent, up from 11.4 percent in 2006, but behind display press advertising at 19.9 percent and TV at 21.8 percent.
Display online advertising, such as banners and video, grew 31 percent while paid-for search marketing was "maturing, but not slowing" as marketers and brands learned to secure a greater return on their investment through "key phrases" and accurate targeting.
Advertising spend on search grew 39 percent, in line with overall growth, to 1.6 billion pounds, while its market share remained largely the same at almost 58 percent. Classified advertising showed 54 percent year-on-year growth.
Among the different sectors, recruitment led the market with 25.7 percent market share, ahead of the automotive sector and technology, which overtook finance for the first time.
First of all, Internet provides access to a lot of information. Some of them are very useful in your job other helps in your hobby. Searching the net with Google, you can find everything you want. You can also do shopping using Internet. Of course it has no sense to buying a roll, but if you need something inaccessible, you will be able to buy it in Internet shop.
Posted by: freelance logo design jobs | August 16, 2011 at 10:44 PM
Another one Scott
Google to become UK's largest ad seller
http://bits.blogs.nytimes.com/2008/04/18/how-big-is-google-heres-another-measure/
Posted by: Nishad | April 21, 2008 at 12:34 AM