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Most marketers - 71 percent - think Google search ads are effective, compared with 62 percent saying so about Yahoo and 49 percent about MSN, reports MediaPost (via MarketingVox), citing a survey by Outsell. Advertisers who thought Google performed best were the ones with the smallest marketing budgets: Those who said Google ads were “extremely” effective had total budgets averaging $3.7 million, whereas the budgets of those saying Yahoo and MSN were extremely effective averaged $4.6 million. Outsell also predicted that spending on online marketing would grow 19 percent this year, with search increasing 26 percent.
Overall information industry revenues rose 7.7 percent to an estimated $285 billion in 2005, with Google and Yahoo together accounting for some 5 percent, according to the Outsell report.
Google became the fifth-largest information industry company - up from 18th. It trails leaders Reed Elsevier, Thomson Corporation, Time Warner, and Gannett. Yahoo became number eight, up from number 18 in 2004
All sectors of the media business will suffer from the weakened economy in 2008 and 2009, with a slump in local advertising particularly hurting newspapers and local TV, according to a new projection from Goldman Sachs.
Broadcast nets will experience…
The New York Times is shuttering its International Herald Tribune site; NYTimes.com will soon host the international news normally reserved for its sister website.
The move is not about cost savings, but rather about growth, NYTimes.com general manager Vivian Schiller…
Unilever’s Vaseline set forth on an unusual research project in a small town in Alaska. Setting up a storefront, the company began giving away free bottles of lotion and asking recipients to name the person who had recommended they come…
Meet the Press, the show hosted by Tim Russert for 17 years before his death last June, is beginning to slip in ratings.
Last month, CBS’s Face the Nation pulled ahead of Meet the Press for the first time in two…
Bloggers collectively create nearly one million blog posts each day, and half of bloggers believe blogs will be a primary source of news and entertainment in the next five years, according to Technorati’s 2008 State of the Blogosphere Report, MarketingCharts writes.…
Wal-Mart and Costco reported same-store gains in September, with sales rising 2.4% and 9% respectively. Sales at Target stores open at least a year fell 3%, writes Retailer Daily.
Below, fiscal results from the discount retail giants:
Sales of food and…
