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There is no question that the growth of Internet advertising
is outpacing offline advertising. As more and more companies realize
the real value in advertising their goods and services online,
they are diverting funds from other forms of offline advertising
to compensate. Consequently, the market share of Internet advertising
is continually growing while the market share of offline advertising
mediums stagnates or declines.
At the current rate of growth, Internet advertising will overtake
radio advertising in spending and market share in just a few years.
While outdoor advertising is also experiencing growth, it is not
growing as rapidly as Internet advertising, and Internet advertising
has already overtaken it.
The growth in Internet advertising is due to two different factors,
more advertisers moving promotions online and the growing penetration
of the Internet itself. Because the Internet is still a relatively
new medium when compared to other long established advertising
mediums like newspapers and television, advertisers have not yet
realized the full potential for gain.
Unlike print advertising, which is one-and-done, tossed out with
the household trash, Internet advertising is online 24 hours a
day. It's there when viewers want it and search for it. Unlike
broadcast advertising, which has a shelf-life of just seconds
and must be repeated--and paid for repeatedly
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