Online ads finally click.
The E-Tactics Letter • May 29, 2003 • Forbes reports that online advertising is showing
strength due to low rates and video
Forbes
Why is online advertising showing new promise? Very low rates and
video, says Forbes. "That's the magic formula convincing
traditional print and television advertisers to buy online."
Widespread broadband adoption, with more than 19 million U.S. households
having high-speed Internet access "allows advertisers to use video
with confidence, often simply repurposing television creative,"
says Forbes. Plus, online ad space is cheap - about $5 to reach 1,000
Internet users compared to $31 to reach the same number of households on
prime-time TV. (As reported on corante.com 5/27/03
http://www.corante.com/internet/redir/23627.html
Online Advertising Objectives among US Marketers, 2002 (as a % of
respondents)
Spring DoubleClick study
Building brand awareness 75%
Acquiring new leads/registrants/
customers/clients 59%
Driving immediate sales 43%
Driving retention 40%
Upselling to existing customers/ 28%
clients
Providing company or product 38%
information
Fall DoubleClick study
Building brand awareness 82%
Acquiring new leads/registrants/
customers/clients 69%
Driving immediate sales 52%
Driving retention 51%
Upselling to existing customers/ 44%
clients
Providing company or product 58%
information
Note: n=190 for Spring and 200 for Fall
Source: DoubleClick, December 2002
045920 [C] 2002 eMarketer, Inc.
www.eMarketer.com
Note: Table made from bar graph
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