I thought I'd look at a few projections for online marketing in 2008 from prognosticators around the Internet. Reflecting the continued interest in online video, eMarketer is projecting that online video ads typically pre-rolls will increase 70% according to BrandWeek. Search engine marketing will still capture the bulk of the projected $27.5 billion in expenditures with 40% of all online dollars.
ZenithOptimedia is projecting that online advertising will surpass radio advertising in 2008 and will do the same for magazine advertising in 2010 according to PaidContent.org.
2007 is touted as the year that page views as an online advertising metric begin to disappear due to the changing nature of served ads that are often not delivered in the same fashion according to MediaPost. Newer metrics like time-based viewership are taking over.
In mobile advertising, Business Week reporter Olga Kharif, reports on Didier Kuhn's, Screen Tonic's CEO sense that projections for mobile advertising are way too high. He cites Gartner and Strategy Analytics estimates of $11 and 14.4 billion by 2011 as being way out of line. He and others feel that consumer acceptance of mobile browsing still lags and that wireless carriers have also been slow to implement online advertising. The growing number of iPhone users is seen as a positive in this area. Another factor that could move this along is the growing convergence of the web and the phone worlds according to analysts.
JupiterResearch is estimating that e-mail spending both "relational and sponsored" will grow from $1.2 billion in 2007 to $2 billion by 2012 according to Online Media Daily.
The Consumer Electronics Association reports in enGadget, that over half of Americans now have a digital television, a good thing given the upcoming demise of analog delivery.
AdWeek reports on trends that they see in overall marketing that could impact online as well. These include growth of branded entertainment, casual gaming, handmade goods, faux traditionalism and the growth in authenticity and transparency. Mmmm, I wonder if any of the Presidential candidates have tuned in to these...