Online advertising is becoming an effective medium for advertising. Business owners in increasing numbers are turning towards online advertising. It is continuously changing the business scenario and in the coming future, one cannot even think about business promotion without the help of online advertising. Studies show that year on year, online advertising is growing at an average of 18%. Only in the year 2012 companies spent $37 billion and it is 15 percent up from 2011.
According to Interactive Advertising Bureau, online ad spending hit 9.3 billion dollars in first quarter of 2013. It was 8.3 billion dollars up from same period of 2012. With the increasing online time spending by the consumers, companies stabilizing their spending. There are many advantages with online advertising when compared with traditional marketing techniques and advertising.
According to Interactive Advertising Bureau, online ad spending hit 9.3 billion dollars in first quarter of 2013. It was 8.3 billion dollars up from same period of 2012. With the increasing online time spending by the consumers, companies stabilizing their spending. There are many advantages with online advertising when compared with traditional marketing techniques and advertising.
- Cost implications: If your marketing budget is small, online advertising help you a lot. In traditional methods of marketing, advertising spending have to spend full amount of expenses irrespective of the results. But in online advertising the scenario is quite different. There are so many websites for free advertising and classifieds. Some are offered at a low cost. With a small amount of spending can cover a large area with a huge amount of customers.
- Wider coverage and reach more customers: Online advertising has a wider global range. The number of viewers is also too high. If you place the ad in a magazine, a paper or in television, it can cover for a particular region. But in case of online advertising, there are no boundaries and a large number of customers can see and know about the offering product or service.
- Speed: Speed is another advantage with online advertising. Once the ad copy is ready, you can post it in a few seconds. It provides the facility of schedule the time for posting and display. Modifications and replacing of ads are also done very quickly.
- Measurable: In online advertising, you can measure the advertisement performance. How users viewed the ad, from where they navigated, whether or not the view became, the number of people viewed the ad, etc. can measure and analyze for future use.
- Personal touch: Internet helps develop the more personal relationship with potential and current customers. Building properly and informatively of business website will help to the customers to research about the product or service of the business. The About Us page will help them know more about your company. You can promote the business through emails, product photos and videos in the website, etc.
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