Digital advertising spending up in 2009

Digital advertising spending up in 2009

26/05/2010 10:00:00

Digital ad spending was up marginally in 2009, according to the annual report from Razorfish.

While digital ad spending slumped in the early half of 2009, the increases in the fourth quarter resulted in overall digital marketing expenditures being up for the year. Razorfish's report indicates digital ad spend was up 4 percent in 2009, as opposed to being down 13 percent in 2008.

With many businesses spending less money, many expected B2B online marketing campaigns would take a more direct approach. According to Razorfish's report, though, 60 percent of businesses that switched their marketing approaches moved to more brand-focused advertising.

Finally, emerging media continues to be a focus of many marketing firms, though it may not see a proportionate amount of the marketing budget. This is especially the case with social media, says Razorfish. Though many firms are devoting more time to social media, only 4 percent of marketing budgets are spent on it.

Digital marketing spending is continuing to trend up going into 2010. According to recent statistics from iAB, digital ad spending was up 7.5 percent year-over-year from Q1 2009. Digital ad revenues were over $5 billion.

Source: Komarketing.com
Date: 26/05/2010

Tags: marketing advertising spend budget

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