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UK Online Ad Spending
eMarketer, Dec 2008, Pages: 18
The UK Internet has been almost immune to budget cuts by advertisers and marketers. In 2008, it outpaced all other media channels in its rate of spending growth, and that pattern will continue. But 2009 will be a tough year, and even online advertising will take a hit.
The UK Online Ad Spending report looks at the factors that will impact, both positively and negatively, the future of Internet media in the UK as marketers tighten their belts.
Earlier this year, eMarketer estimated that spending on UK online advertising would reach £3.36 billion ($6.41 billion) in 2008—a rise of 27.1%.
Then the economic crisis hit.
Several factors—including sky-high levels of consumer debt and a housing market in near-collapse after years of wildly inflated values—tipped the UK into its worst recession in decades.
The problems have spread to the Internet. eMarketer now projects that online advertising spending growth will drop to just 7.2% in 2009, less than one-half the May 2008 estimate.
Key questions the “UK Online Ad Spending” report answers:
- What do recent estimates say about UK online advertising spending in 2007 and 2008? - How does the economic downturn affect prospects for UK online ad spending in 2009? - Which online advertising formats are most vulnerable to budget cutbacks? - Will spending on Internet campaigns keep rising, when other media show flat or negative growth? - And many others
The UK Online Ad Spending report aggregates the latest data from international marketing and communications researchers with eMarketer analysis to provide the information you need to make smart, timely business decisions.
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