Advertising Industry Analysis

20
Aug

The largest obstacle for those responsible for marketing organizations today is addressing the consumer transformation from traditional to online. That’s not just me saying that, a recent CMO survey by Accenture reported that.  They surveyed over 400 senior marketing officers in 10 countries and found that 7 in 10 CMOs expect the marketing function to change fundamentally in the next 5 years.  The biggest performance gap CMO’s ...

25
Jul

People 55+ Now Choose Online Over Printed Newspapers for News There isn’t much good news for printed newspapers when it comes to their remaining relevant to today’s consumers.  The last hope seemed be that older people (55-plus) were still loyal to print and that fact has kept a lot of advertisers spending money in print. A recent study now may be breaking down that last bit of good news for printed newspapers.

03
Jul

Trends in Local Ad and Promotion Spending Local advertising is changing in many ways and Borrell Associates has been tracking the way local retailers are spending their local advertising dollars and the move to spending on local promotions is very clear from this chart.   You can download this chart here and from the Executive Summary you’ll read where Borrell Associates feels that owned media is a big deal for local retailers as it’s an inexpensive ...

14
Jun

Customers, Patients, Clients Are Researching Your Business Online Here is another report that confirms that consumers go online to learn about companies they are planning to do business with This chart comes from an article on MarketingCharts.com 56% of Americans agree that now more than ever, they’re pro-actively trying to learn more about the companies they hear about or do business with, according to [pdf] results from latest Harris Poll Reputation Quotient (RQ) study. ...

30
May

The Paywall Effect - What it means for SMB's If you do local advertising for your business you’re naturally interested in the viability of local newspapers. As consumers move online and away from the printed copies of newspapers, the papers built great internet sites for consumers. Unsuccessfully, the banner ad revenue never matched the decline in print advertising so they went to the idea of paywalls to charge consumers for the online content.

06
May

Ad Dollars Continue to Move to Digital: See Proof There have been so many studies supporting the idea that brands are recognizing the change in consumer behavior and are reacting by moving ad dollars from traditional media to digital. While this study from emarketer.com doesn't break down national advertising vs. local advertising, the logic should be the same. If consumers are relying more on the internet to get product information, then local advertisers should be ...

16
Apr

Printed Newspaper Ads vs. Google AdWords Newspaper ad sales continue to fall as Google ad sales continue to climb. The chart shown here is from a post on Reflections of a Newsosaur and clearly makes the case that ad dollars are going digital at the expense of printed newspaper ads. This still understates the move from print to digital because so much of digital advertising is done via free or owned media which are free of media costs and therefore not ...

15
Mar

Here’s an interesting report that should be of great importance to local retailers, yet they probably will never run across it.  It’s from anarticle on businessinsider.com The Closer Users Are To A Business, The More Likely They Are To Click Through A Mobile Banner Ad For That Business   It all makes perfect sense: Making ads more valuable and effective: Advertisers pay a premium for location-enabled ad impressions. Data from several mobile ad networks and ad exchanges ...

28
Jan

In 2013 Local Digital Advertising predicted to grow 31% Lots of studies predicting where local digital advertising is heading in the near future and none better that what Borrell and Associates is predicting. This chart is from an article on eMarketer.com where they also report these findings: According to a report from Borrell Associates, “2013 Local Advertising Outlook: Get Ready for the Rebound,” US local digital advertising will reach $24.5 billion in 2013, to take a 25% share of total local ad budgets. That’s an ...

14
Dec

The Internet And Email ... Beaten By Direct Mail? We spend a lot of time on this site tracking the changes happening in local marketing which mostly revolves around documenting how consumers have moved to new media.  Every once in awhile we find something that runs contrary to what other studies are indicating.  Here is one such study that claims consumers prefer direct mail over the internet and email when it comes to receiving information about a brand.

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