Online advertising rules for US SMBs

ad0ologyThe Ad-ology Small Business Marketing Outlook survey,  found that small business is cautiously optimistic going into 2009 despite recessionary data and conversation.  SMBs are clearly getting smarter in where and how they advertise.

When broken down by media type, over half of small business advertisers plan to spend the same or more on the following: Online advertising (69 percent), Yellow Pages (54 percent), newspapers (51 percent), and direct mail (51 percent).

More than half of respondents plan to spend the same or more time and money on their Web sites and email marketing in 2009.  Within the online mix, 23% are already using online video and 17% are podcasting and 18% are using mobile.  

SMBs in the US, like here in New Zealand, are adopting faster, online and new techniques and channels within the broad online definiation, than many ‘major’ brands and advertisers. These stats suggest 23% are using video right now on their websites, that is effectively one in four. Here in New Zealand we are running nearer one in eight. In both cases this exceeds the use of video online by major brands.

SMBs run and own their business. Every dollar out is measured closely, there is no corporate waste or decision layers. Time and time again we have seen SMBs (SMEs) run with ideas and make them work – classifieds, directories, email and now video, mobile and podcasts.  It is this embracement that will help create leading companies and the green shoots of economic recovery. Encouraging research.

The Small Business Marketing Survey was conducted in October 2008 by Ad-ology Research to study the attitudes of small business owners.

Ad-ology Research analyses key marketing and advertising trends in over 370 industries and what motivates end-customers. The company’s research is used by over 2,000 advertising agencies, media properties and product marketing departments across the United States. Ad-ology Research is a division of Sales Development Services (SDS), Inc., a Westerville, Ohio firm.  View more at www.ad-ology.net

Online video advertising growth strong despite slowdown

emarketeer1Emarketeer has just reported its 2009 forecast for online ad spend. No suprises given recent industry and media buzz. Online spending on video advertising, is expected to remain strong at 44.9 percent, whilst online ad spending is forecast at US$25.7 billion dollars in 2009, just 8.9 percent more than the US$23.6 billion dollars that will be spent in 2008.

In August, before the full impact of the economic slowdown and its impact on the technology sector was apparent, eMarketer had predicted online ad spending would grow by 14.5 percent in 2009.

No suprises. Display has a terrific role to play in brand enagement as well as ROI and now with broadband, consumer video habits and a plethora of agency and SME video solutions and ideas the advertiser can really engage their audience with video advertising and content via the PC and increasingly through the take-up of the ‘new’ devices. Our view a targeted engaging piece of video vs. dead trees and mass broadcast. Let battle commence.

the online video marketing revolution evangelists

We all accept online media has fundamentally changed how we communicate with our current customers and prospects. Case studies and usage figures from various research bodies such as Nielsen Netratings and the IAB’s PWC Online Advertising Quarterly Surveys are testament to this.

We believe there is another wave, that is about to blow apart how the majority of businesses market themselves via supposedly local and niche traditional media and to some extent some forms of the online advertising models currently being practiced.

With the current internet reach levels, reasonable broadband penetrations, and the empowering cost/smarts of online video we aim to smash down the barriers for SME’s to compete with major corporate advertising. 

Our mantra is online video marketing that delivers, we aim to create engaging advertising and marketing video and smartly get this video to the right audience to stimulate brand engagement and direct response i.e. revenue for bottom line return for SME’s.

Wish us luck, we aim to change the media/marketing landscape – we’d love to know what you think of our concept.

About Us

Silverlinemedia.tv aims to be the leading specialized online video production and marketing service focused on SME’s n New Zealand, Siverline Media has a unique operational national capability and infrastructure backed by a strong experienced management team. We provide online video strategy development services, produce high quality low-cost Internet videos and develop and execute plans to deliver those videos across the Internet to the right audience at the right time.