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Local Online Advertising Not Meeting Its Potential

Published on June 27, 2006
Local online advertising has yet to deliver on its promise, with online local ad spending projected to constitute only 8 percent of online ad spend this year, according to eMarketer's new report, "Local Online Advertising: Measuring the Potential." Local's anticipated double-digit growth for 2007, when local online ad spend is expected to jump nearly 51 percent and total $2 billion, will still not quite result in local's taking a 10 percent share of total online ad spend, estimated at $20.3 billion for 2007, MarketingVOX reports.