A recent article published on The Economist’s website, details projected trends in advertising for 2011 – and makes some interesting observations.
- Global ad spending will increase 4.5% (this is double the growth rate of 2010)
- Online advertising leads the pack, with a projected growth rate of 16%
- Television and online advertising are set to outpace their 2007 projections, while newspaper, magazine, and radio are all set to take a step backward
Online advertising continues to be a growing area of opportunity within the digital universe. And we’re not talking about your traditional banner ad type of work either. When considering your online advertising options, keep in mind the potential of mobile, paid search, social media (advertising and utilization), rich media – in addition to banner ads, and email campaigns.
Being willing to jump in head-first, and utilize the tools at our disposal is key to taking advantage of all that the web has to offer. With 28.7% of the world’s population (or 1,966,514,816 people) currently online, I can’t help but feel like there are some stones left unturned.