Future of Print Still Being Threatened

According to a report by Eloqua, entitled 'State of the Marketer', which has been widely reported, print spending will continue to decrease. 55% of 200 U.S. marketers surveyed expect to decrease their print ad spending.

In addition, a large number of these same marketers (90%) intend to continue increasing their direct online ad budgets, with 15% 'radically' increasing their online spending.

Print isn't taking it on the chin only from online spending. Direct mail spend, social media spend and mobile ad spend will be increased.

The report also goes on to say that 64% of marketers believe their marketing programs are more effective now than three years ago. This is so much the case, that marketing budgets are actually increasing, and even in the down market in the U.S., that they will maintain or increase their marketing staff.

This leads me to believe that a) online marketing and advertising is continuing to grow b) because it is more effective c) leading to higher marketing spending d) and more satisfaction with the marketing department.

It's not a foolproof hypothesis, but I bet any of you out there using online marketing (like our clients) know this is likely closer to the truth than not!

Labels: marketing budgets, online advertising, print advertising

posted by Fred @ 4:34 PM