INDUSTRY NEWS:
Rate of Growth In Online Impresses
Though reliable 2005 figures are still pending, it appears that the online ad market is continuing to expand at a rate of 25% per year. But it's the rate of growth for Internet marketing that's turning heads on Madison Avenue: In 2002, online ads totaled $6 billion — half of last year's tally.
Read the article from SmartMoney.
MSN to Drop Yahoo! Within Six Months
Microsoft announced earlier this month that they would be replacing Yahoo!'s paid search advertisements with ads managed through MSN's new adCenter sometime in the next six months. Read the article.
Survey: Google The Most "Influential" Brand
A brandchannel.com survey of 2,528 marketers and students named Google the world's most "influential" brand in 2005, followed by Apple, Skype, Starbucks and Ikea. Read the article on CNet.
Is Your Googlephobia Justified?
2005 could go down as the sea change year in consumer media. Broadcast network TV ratings fell to their lowest level in TV history, newspapers struggled to connect with young readers and a new player emerged as the most valuable media company: Google, with a stock market value of $130 billion and aggressive plans in its search for expansion. Read more from AdAge.
Forecast: CPGs' Online Spending To Jump 17% In 2006
Research firm eMarketer projects consumer packaged goods firms will spend $470 million in online marketing this year, up 17% from 2005. While some of the spending will go to advertising buys, eMarketer anticipates greater returns for CPG companies in building their own branded sites to encourage relationships with consumers. Read more from AdWeek.
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