On Yahoo! News, Carl Bialik of the WSJ talks about the healthy state of online advertising industry. According to the Interactive Advertising Bureau, second-quarter online-ad sales were $1.66 billion, up 14% from a year earlier and 1.7% from the previous quarter. The article talks also about formats, saying that paid-search ads are rising, while banners are slowing down. However it’s interesting to read the opinion on the matter of Pete Petrusky, director of new media for PricewaterhouseCoopers:“Search has grown at the expense of other formats. I don’t think that’s a long-term trend”.
On MarketingWonk I’ve posted an interview with Riccardo Polizzy Carbonelli, International Advertising Director of Tiscali, a prominent EIAA member. The discussion is focused on last week announcement by the European Internet Advertising Association (EIAA) and the Internet Advertising Bureau Europe (IAB) which introduced the first European Online Ad Formats package.
A nwe study by Cap Gemini Ernst & Young has found out that TV advertising has a low impact on consumers’ car buying decisions. As AdAge reports, Mike Wujciak, a vice president at Cap Gemini, suggests automakers to rather use online ads, which are faster to create and to analyze for results. However I tend to agree with Mike Palmgren, account director at Publicis who said that TV promotion is used for awareness.“If you’re not aware of a product, how would you know where to research it on the Web?”
Elemental, My Dear Watson…
This is a good example of how online advertising should be… Look at the screenshot of today’s Communication page on Le Monde. An excellent brand experience, even though I can’t be an Orange client, I really felt like clicking on a banner to learn more about it.
A new research by DoubleClick, reported today on MediaPost suggests that rich media usage continues to grow quarter by quarter, while larger ads have surpassed the smaller options in popularity. The article is pretty good because it’s filled with interesting numbers on the diffusion of different online ads formats. Large formats are getting more and more popular: for example, the leaderboard, a wide unit (728 x 90) that often appears at the top of web pages, is now the fastest growing size at 562% growth from Q2 2002, and is now the fourth most common size served by DoubleClick. Half-page ads (550 x 480) had the second highest response rate at .90%.
Yahoo! Consumer Direct Powered by ACNielsen that’s the (long) name of the new service targeting packaged-goods marketers that tries to answer a longstanding question of many advertisers: Do online ads spur offline sales? Well, this is actually the question asked by AdWeek in an article appearing on Yahoo! News Advertising.
We are getting plenty of evidence that helps us prove that online advertising works. So why then are 99% of online ads complete rubbish? This is the question asked (and answered) by Tom Bazeley of Tribal DDB yesterday on New Media Age. A creative revolution in online advertising is long overdue. To find out how and why, read on the article…
Thanks to real broadband opportunities, online advertising has started offering valuable results to marketers. This is the message by Penelope Patsuris in her today’s article on Forbes.com in the section brightly named “The Half-Full Economy” (!? . Recent research results produced by IAB on case studies like Colgate’s and McDonald’s, have shown that online advertising could prove as an efficient marketing tools in a multi-channel strategies. Further point to support the bright future of online advertising investments are scored by paid search advertisements. Eventually, in a survey by GartnerG2, ad agencies said they plan to bump up clients’ online spending from 5.5% of their budgets to 6.8% by year’s end, and up to 9% by the close of 2004.
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