Article: Online Ad Spending Reaches $4.2Billion in Quarter 3
This article discuses the dramatic increase of online ad spending which has grown 30% from this time last year. (Research by: Internet Advertising Revenue Report from the Interactive Advertising Bureau (IAB) and PricewaterhouseCoopers (PWC)). This sets a new record and further grow is expected. "We're close to surpassing the full year revenues from 2005 in the first three quarters of this year, which is very exciting," Sheryl, SVP and general manager of the IAB, "Marketers are becoming more confident in the medium. They're spending more, seeing better results, and then returning to spend even more" - oh goodie.
This is substancial growth, could it be due to the fact that there are more people also online now, and that a good amount are broadband users. Or maybe, because online shoppers are more trusting on internet security, and in turn are shopping more online. It is true that in the last two years women online shoppers have increase to 52% (Wired magazine). I think since the internet is evolving everyday, and consumers are also evolving these users are finding it convenient to shop online.
This in turn could be causing marketers to see the light and start the attention grabbing to make those sales. "Marketers are seeing the power of search and display together. The impact of the combination is greater than both of them by themselves", Sheryl again - thanks Sheryl.
I chose this article because this incredible change, I though, is very interesting and exciting - wow! Ecommerce is important in the way that people who have less time can get their shopping done so convieniently and super fast. It also provides a safe haven for those that are afraid of crowds.