Top companies in retail, automotive and financial services are allotting 10 to 15 percent of marketing budgets for the internet, with additional dollars for mobile media and other areas, says Steve Grubbs, CEO of PHD USA.
Sprint is one company that is doing so, particularly investing in integrated campaigns that drive consumers from television to the internet, writes MediaPost. During a panel discussion of media executives at an IRTS event, Sprint’s vp of marketing Anita Bajaj Newton said the telecom company has seen traffic at some websites soar as much as 30 percent following a direct promotion in certain high-profile broadcasts such as NFL halftime shows.
She added that analysis of those traffic jumps show that they lead to a considerable increase in sales.
Others on the panel, such as MindShare president of local broadcast Kathy Crawford, pointed out that television is still a key element of the marketing mix.
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