U.S. advertisers are spending more in 2010 on digital media than on print, says Outsell. Outsell's study collected data from 1,008 U.S. advertisers in December 2009.
Of the $368 billion marketers plan to spend this year, 32.5 percent will go toward digital; 30.3 percent to print. Digital spending includes e-mail, video advertising, display ads and search marketing. "It's a watershed moment," says the study's lead author, Outsell Vice President Chuck Richard.
Last year, print spending accounted for 32 percent of the total, compared with 30 percent for online.
Spending on Web sites and other digital media will rise 9.6 percent to $119.6 billion this year. Print expenditures will drop three percent to $111.5 billion while total ad spending will jump by 1.2 percent to $367.9 billion from $363.5 billion last year.
Advertisers will reduce spending on marketing for events, and on television, radio and movies this year. TV, radio and movie expenditures will drop by 3.8 percent to $84.6 billion, Outsell says.
Spending on events will decline less than one percent to $45.2 billion this year.
But the survey also suggests marketers will spend 16 percent less on mobile in 2010, compared to 2009.
source
Monday, March 8, 2010
Digital Ad Spending Exceeds Print for the First Time
Labels:
online advertising
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
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