Direct marketing will make up 10.3 percent of the U.S.’s total GDP in 2005, according to an independent study commissioned by the Direct Marketing Association. And, the study says that direct marketing is expected to generate $1.85 trillion in increased sales in 2005, or 7 percent of total sales in the U.S., CRM Today reports. The study takes into account direct marketing for the country as a whole, B-to-B and B-to-C markets, the major direct marketing media, and the economy’s 52 industry groups.
The study also found that: sales driven by direct marketing will grow by 6.4 percent through 2009, up from 5.3 percent growth from 1999 to 2004; direct marketing expenditures accounted for 47.9 percent of total advertising in 2004, up from 46.9 in 1999; and the most popular channels for direct are direct mail and telephone marketing, at 31 percent and 29 percent respectively.
Expenditures in internet marketing and email are predicted to grow at least three times faster (18% and 19% compound annual growth) than in other media (5% growth forecast for other DM Media on average).
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