2008: UK internet ad spending surpasses TV

Reuters reports that in 2008 Internet ad spending will surpasses TV ad spending in the U.K to become the #1 advertising medium.

Where do you spend your ad dollars?

(Source: UK Online ad spending to overtake TV this year.)

Spending on “Alternative” Media on the Increase

According to PQ Media’s Alternative Media Forecast: 2008-2012, “Spending on alternative media [i.e., new media or digital media] hit $73.43 billion in 2007, a 22% increase over the previous year, and will continue to grow.”

How much of your marketing budget goes towards promotion through new media?

(Source: Advertising Age, April 30, 2008)

9 Out of 10 Consumers Abandon Transactions

9 out of 10 consumers experience issues that cause them to abandon online transactions. These failures are mostly due to technical and functional issues which are easily addressable.

Are you losing business online?

(Source: One Degree, March 27, 2008)

On the Internet Everyone Can Hear You Complain

In September 2007, a San Francisco start-up called Get Satisfaction launched a site for customer service complaints and company responses. Since September 2007, people have posted complaints or comments regarding 2,000 companies, and 40 percent of the companies have answered. Only 40% responded. Why? I bet it’s because most companies do not track what is being said about them online. They have no idea that people are posting negative things about their products or service. (Source: The New York Times)

Are you thinking about online PR and reputation management?

Do you know what people are saying about you? 

The Internet Has Changed Business

Imagine your day without the Internet.

The Internet has changed the way every single business operates, sells, markets and is perceived. We email. We Google. We watch online videos. We text our friends. We share advice, opinions, photos and anything else of interest via digital means.

Do you know what people are saying about you onlline? Google yourself.

Traffic to Online Video Sites Has Doubled

48% of internet users have been to video-sharing sites such as YouTube and the daily traffic to such sites on a typical day has doubled in the past year.

Are you using online video effectively?

(Source: Pew Internet, January 1, 2008 )

We Seek Out Information Online First

58% of people chose the Internet when they’re seeking to address a problem.

The Internet was the #1 choice, followed by Professional Advisors (53%), Friends and Family Members (45%), and Newspapers, Magazines and Books (36%)

(Source: Pew Internet, Feb. 6, 2008).

How Well Is Your Web Site Performing?

97 percent of all businesses are leaving money on the table because they are invisible in search results.

Do you know how well your website is performing?

Online Influences Offline Purchases

60% to 80% of offline buying decisions are influenced and informed by online research.
(Source: JC Williams Group, January 2008)