Here is a quote that should grab your attention:
"In 2009: $65 billion will be spent on enterprises’ own sites, dollars NOT spent on TV, magazines, newspapers, billboards, etc. To scale that, compare 2009 total U.S. TV ad revenue (cable + broadcast) at $66 billion, and total 2009 U.S. Newspaper ad revenue at $42 billion. So corporations spending marketing dollars on their own sites is equivalent to (a) wiping out all TV ad revenue or (b) wiping out one and one-half newspaper industries!"
Hello! Thanks to Outsell for this great new report, but what does it mean to advertising? Why is this happening?
Simple answer is that Advertising relies on middlemen to deliver a corporate message. With Online Marketing (Search Marketing), business can now leverage their own site, Corporate Blogging software and email marketing to control and develop a direct relationship with their prospects and customers.
Emarketer already told us that the three biggest growth areas in marketing are Search, Email and Social Media (Business Blogging covers both SEO and Social Media). What is transforming the marketing world it the capacity for organizations to have direct relationships with the people who drive their business. Marketing departments from organizations large and small are rethinking their investments and strategies and going direct...to the detrement of the old model that required a middleman to deliver your message.
"In 2009: $65 billion will be spent on enterprises’ own sites, dollars NOT spent on TV, magazines, newspapers, billboards, etc. To scale that, compare 2009 total U.S. TV ad revenue (cable + broadcast) at $66 billion, and total 2009 U.S. Newspaper ad revenue at $42 billion. So corporations spending marketing dollars on their own sites is equivalent to (a) wiping out all TV ad revenue or (b) wiping out one and one-half newspaper industries!"Hello! Thanks to Outsell for this great new report, but what does it mean to advertising? Why is this happening?
Simple answer is that Advertising relies on middlemen to deliver a corporate message. With Online Marketing (Search Marketing), business can now leverage their own site, Corporate Blogging software and email marketing to control and develop a direct relationship with their prospects and customers.
Emarketer already told us that the three biggest growth areas in marketing are Search, Email and Social Media (Business Blogging covers both SEO and Social Media). What is transforming the marketing world it the capacity for organizations to have direct relationships with the people who drive their business. Marketing departments from organizations large and small are rethinking their investments and strategies and going direct...to the detrement of the old model that required a middleman to deliver your message.
Comments for $65 Billion to be spent on Corporate web sites....not on traditional media
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