eMarketer revised forecast for online ad growth

eMarketer just came out with their revised forecast for growth in online marketing. I knew a revision was coming due to the reality of the economic slump, but the good news is growth will continue, just at a slower pace. Here’s a snippit from the article:

Even paid search, which has grown at an outsize pace for years, will see a mere 21.4% rise in spending this year.

Again, the slowing is relative, since paid search spending growth will still outstrip the overall online market through 2009. There’s a reason paid search will stay robust through the economic downturn, according to David Hallerman, senior analyst at eMarketer.

“Especially in economic turmoil, search is more trackable than any other ad format,” said Mr. Hallerman. “At this stage, it is a tried-and-true format that is supporting online growth.”

Maureen Jann About the author

Maureen Jann is a veteran B2B marketer whose career in Digital Media has grown up with the Internet. A self-described jill-of-all-trades, Maureen has elevated creative problem solving to an art form and enjoys the daily challenges of driving business results in unexpected ways. Her skills as an entrepreneur, content marketer, creative director and passionate people manager set her apart from the pack. Maureen has worked in every corner of marketing making her a skilled tactical resource as well as a strategic partner. Recently, she was the captain of the marketing ship for an award-winning professional services firm and is currently creating a content marketing strategy for Point It, a digital marketing agency.

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