In a new report from research firm BIA/Kelsey, it projected that local online and mobile advertising will grow at an annual rate of 12.7%.
These numbers show substantial lift compared with the $21.2B spent in 2011, but still pale in comparison to traditional advertising spend.
Traditional Spend was $111.5B in 2011, but is only projected to grow to $112.7B. Those are essentially flat numbers, meaning not much will change from no until 2016. In fact, traditional ad spend will decrease to account for about 75% of overall ad budgets, dropping almost 10% from the 84% it’s at now.
This research shows that more and more small businesses are investing into digital advertising, but the real question is: are you?
If you haven’t evaluated your online strategy recently, you need to. Digital advertising is not going away, in fact, it’s only getting bigger.
Check out some of our offerings for digital marketing. We do all sorts of search and display advertising. We also do email marketing, mobile websites and more.
