News by Topic
- Search Marketing
- Email Marketing
- Loyalty Marketing
- Mobile Marketing
- Social Marketing
- Viral Marketing
- Trends & Ideas
- Internet Marketing 101
Internet ad revenues outstrip broadcast TV for the first time
Marketers are now spending more to advertise online than they are on broadcast television, according to new figures released by the Interactive Advertising Bureau.
In 2013, a record $42.8 billion in online advertising revenue was recorded - a 17% year on year increase. In comparison, revenue generated from advertising on broadcast television (national network, syndication and spot TV) was less - $40.1 billion in 2013.
However, total television revenues - broadcast plus cable - still dominate with $66 billion in 2013.
Meanwhile, revenue from mobile advertising more than doubled rising 110% from $3.4 billion in 2012 to $7.1 billion last year and accounting for 17% of 2013 revenues
David Silverman, partner at PriceWaterhouseCoopers who conducted the research for the IAB, observes that "we are fully in transition to the post-desktop era. Triple-digit advertising revenue growth from mobile devices contrasted the more tepid 8% growth from traditional computer screens".
Other key findings of the ad revenue report include:
- Search revenues for 2013 totaled $18.4 billion, up 9% year on year;
- Display advertising revenues in 2013 reached $12.8 billion, up 7% year on year;
- Retail advertisers comprise the largest Internet spending category driving 21% in 2013 followed by financial services (13%) and automotive (12%);
- Mobile achieved triple-digit growth for the third year in a row rising to $7.1 billion in 2013 - a 110% year on year rise.
According to Randall Rothenberg, IAB presidents and CEO, the fact that broadcast television had been outperformed by digital should not surprise anyone.
"It speaks to the power that digital screens have in reaching and engaging audiences," he said. "In that same vein, the staggering growth of mobile is clearly a direct response to how smaller digital screens play an integral role in consumers' lives throughout the day, as well as their critical importance to cross-screen experiences."
Image via Shutterstock
- Mobile users are banking on a date
- Eight in ten disappointed shoppers give retailers no chance to fix problem
- Report: BTS spending to increase
- Study: Behavioral data influencing more shoppers
- Report: Data scientists spend bulk of time cleaning up
- Retailers: 3 ways shoppers are gaming you
- Mobile Roundup: 2 solutions in the mobile space to broaden reach
- Ad Roundup: 3 solutions to power brand engagement
Featured White Papers
- The Big Impact of Big Data on Affiliate Marketing
If you are relying on affiliate networks you have no access to vital data to manage affiliate processes such as...
- 8th Annual Online Retail Holiday Readiness Report
Download the Online Retail Holiday Readiness Report for 2015 to find out about the latest trends, industry benchmarks and best...