MAM

Marketers expect budgets to go up next year : US study

NEW YORK: DoubleClick, which claims to be the leading provider of marketing tools for advertisers, direct marketers and web publishers has released the results of its Fall 2002 Marketing Spending Index study, which is designed to track trends and the adoption of both offline and online marketing tools. The study, a follow up to the 2002 Spring study, is based on nearly 200 marketing professionals in the US from companies with gross revenues of more than $50 million and with marketing budgets exceeding $1 million.

Marketers expect budgets to increase in 2003 - The study found that 51 per cent of marketers expect budgets to be higher in 2003 compared to 2002. 43 per cent of marketers expect budgets to remain the same and only 6 per cent expect budgets to decrease. Those marketers who anticipate budget increases expect an average increase of 11 per cent. Furthermore, 57 per cent of marketers expect to increase their spending on email marketing in 2003.

The web is a substantial revenue channel - Marketers agree that the web remains a substantial revenue channel comprising 13 per cent of marketer's revenue. Furthermore, 63 per cent of marketers expect the website to be the most likely revenue channel to increase. The study also found that 19 per cent of marketers believe that telemarketing is the most likely channel to decrease in revenue, compared to 14 per cent of marketers who think catalog revenue will decrease, and 13 per cent who believe reseller revenue will decrease.

Marketers' use of online advertising for branding has increased - Results show that marketers using online for brand awareness increased from 75 per cent to 82 per cent in this Fall study, compared to those using it for direct response which were 43 per cent compared to 52 per cent in this Fall study. Additionally, the study reveals that when branding awareness is the primary objective, online advertising is perceived as nearly as effective as print, with 4.1 out of 5 compared to 4.2 out of 5, and slightly more effective than radio, with 3.9 out of 5.

Effectiveness and measurability still a concern for marketers - On a less positive note just 44 per cent of marketers reported having measurement tools in place, with the majority of marketers claiming that "clicks" and hits" are their measurement tools for online advertising. 33 per cent of marketers cited that they are unsure about the effectiveness of online advertising, followed by inconsistent reporting cited by 0029% of marketers. Furthermore, marketers showed growing concern about the expense of online advertising, from 13 per cent to 19 per cent in this Fall study.

Furthermore, the effectiveness of email ranks high as an impediment to increasing spend on email marketing. 26 per cent of marketers reported this as a concern, compared with 31 per cent of marketers in this Fall study. Specifically, marketers cited concern about increased volume impacting response rates, with privacy and SPAM the top concerns for 35 per cent of marketers in this study.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/22/intel_0.jpg?itok=FG-hC3Co
Intel CEO Brian Krzanich resigns over relationship with employee

Intel Corporation CEO and member of board of directors Brian Krzanich today announced his resignation for a breach of company policy involving a relationship with an employee.

MAM Media and Advertising People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/22/philli%5Bpe.jpg?itok=i_OqetJp
Louis Philippe launches new ad campaign #RiseAboveTheRest

One of India’s leading menswear brand Louis Philippe, from Aditya Birla Fashion and Retail, has come up with a unique ad campaign 'Rise Above The Rest', showcasing that true leadership is about taking decisions that leave a lasting impact.

MAM Media and Advertising Ad Campaigns
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/22/Taco_Bell.jpg?itok=Z6U0LWrp
Taco Bell wants to make potato great again with new campaign

MUMBAI: Taco Bell is set to make its way into the hearts of potato lovers across India. The brand has just launched a unique potato centric take on the traditional taco. The all new Crispy Potaco will give this much-loved vegetable a new identity where it will no longer play the sidekick in most...

MAM Marketing Brands
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/22/Hewlett-Packard.jpg?itok=WAfcwLQA
HP urges people to use original ink in new campaign

MUMBAI: Information technology company HP (Hewlett-Packard) has launched a digital film Chikloo, as a part of the on-going initiative to promote its original ink and cartridges.

MAM Media and Advertising Ad Campaigns
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/22/Oyo_Rooms.jpg?itok=VkrFCVy8
Oyo expands footprint in China

MUMBAI: Indian budget hotel company Oyo Rooms has forayed into China to cater to the country’s burgeoning hospitality industry. Oyo Rooms. The Softbank-backed Oyo in China will have 11,000 exclusive-franchise or merchandised rooms across 26 cities. The service will be available in Xiamen, Kunming,...

MAM Marketing Brands
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/21/johnson.jpg?itok=DKeojJYF
Johnson's celebrates 125 years with new campaigns

American multinational medical devices, pharmaceutical and consumer packaged goods manufacturing company, Johnson’s recently completed 125 years in the baby care products category in India.

MAM Media and Advertising Ad Campaigns
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/21/itc.jpg?itok=cX8Y1slV
Team ITC makes India proud ,Wins a Silver Lion at the Young Lions Marketers Competition at Cannes

Two young women managers from ITC made India proud by winning the Silver Lion at the very competitive & prestigious Young Lions Competition at Cannes. The team comprised Raisa Chakravarty and Anupama Sharma from ITC's Personal Care Products Business. They had earlier won the India Challenge....

MAM Marketing Brands
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/21/walmart.jpg?itok=iUQSOmvw
Walmart sells $16 billion worth of bonds for Flipkart acquisition

American multinational retail corporation, Walmart, has decided to sell $16 billion worth of bonds to help finance its investment in Indian e-commerce giant Flipkart.

MAM Marketing Brands
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/21/Greenscape.jpg?itok=PAtWgjGE
Greenscape gets insects to tweet & spread awareness about e-waste

MUMBAI: Most people dump their e-waste just like their regular waste. This results in e-waste ending up in dump yards and landfills. To discourage people from doing this, Greenscape, India’s leading IT waste disposition company, joined hands with Dentsu Webchutney to launch #TinyBugsTweet campaign...

MAM Media and Advertising Ad Campaigns

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories