ISSUE 01 December 2008      (Back to contents list)

Online Advertisers Carry On Spending

The European Interactive Advertising Association (EIAA) has found something to smile about amid the current economic turmoil:

81% of web advertisers report an increase in online advertising spend in 2008.

The results reveal that online is playing an increasingly important role in overall advertising strategies, with 38% of advertisers now regarding online as essential (versus 17% in 2006). This suggests that while other forms of media are suffering from slowing spend, online continues to take a growing proportion of advertising budgets as brands increasingly recognise its impact, value and the potential return on investment.

Some more survey headlines:

  • 46% of advertisers now view the internet as very important in generating sales (compared to 31% in 2006).

  • 82% of the advertisers who’ve boosted web spend say they have done so at the expense of other media - 40% have decreased their use of newspapers.

  • 77% found web ads to have a positive impact on the perception of their brand, as well as overall brand awareness.

  • 40% of advertisers now view the internet as 'very important' in influencing purchase decisions (up from 30% in 2006).

    Data sourced from EIAA