Search BizReport
News by Topic
Marketing
- Advertising
- Search Marketing
- Email Marketing
- Loyalty Marketing
- Mobile Marketing
- Social Marketing
- Viral Marketing
- Trends & Ideas
- Internet Marketing 101
Beyond Marketing
BizReport : Advertising archives : May 25, 2010
Razorfish: 2009 social media, mobile ad spend tiny
Despite social media and mobile use skyrocketing, advertisers are only committing a small amount of their ad spend to the channels, according to new data released by interactive agency, Razorfish.
While American Internet users spend over 10% of their online time in social media environments such as Facebook, Twitter and blogs, Razorfish found that just 4% of its digital ad spend during 2009 went toward social media - 3% on social media display advertising and 1% on non-display social media advertising.
Instead online media is dominated by traditional channels such as ad networks, portals, search and vertical sites. These made up 88% of Razorfish's buys for 2009 broken down as follows:
Vertical sites - 31%
Search - 25%
Ad networks - 20%
Portals - 12%
Mobile, too, was not invested in as highly as perhaps the hype might suggest. According to the figures contained in the Razorfish Outlook Report 2010, just 2% of spend went on this channel.
However, despite the demand for accountability and measurability, advertisers didn't cease to experiment last year. According to the report, "When we asked our media teams about client spending in channels that were new to them, we found some robust statistics. One hundred percent of Razorfish clients that spent in digital out-of-home did so for the first time this year. More than 80% of clients investing in ad exchanges in 2009 were doing so for the first time. All told, the channels which clients experimented with the most in 2009 were ad exchanges, data brokers, digital out-of-home and social media."
Tags: ad budgets, ad spend, advertisers, digital media, online media, social media
Tweet
Subscribe to BizReport
Please enter your e-mail here:
Latest Headlines
- Expert: How CX can reimagine branded campaigns
- Experts: A year after the pandemic, here's how we're coping
- How AI is helping solve pandemic problems
- Report finds coupon fraud costing merchants $100 million per year
- Expert: Steps to take on World Backup Day
- Top 4 tips to build community from virtual events
- How To Market To Health Conscious Consumers Online
- Expert: Why mobile brands need cohorts