Forrester Research just released a five year forecast of interactive marketing spend that predicts dollars spent on social media marketing will grow at the the fastest rate.
All online media are set to grow in average double digits every year, but advertising in social media will show the largest in the 5 year period.
Starting with 2009 Forrester projects the following:
Social media: 34%, mobile marketing: 27%, online display advertising: 17%, search marketing 15%, email marketing 11%. Search and display have such a huge volume advantage at the start of the five year run, that they will still dominate the overall spend five years from now.
Read about the study http://tinyurl.com/l8ajzl
With the help of this article i get the information about the social media market and the online media market. So the article is very usefull for me.
Posted by: Freemoneylessions | July 31, 2009 at 02:00 AM
What's interesting is that social media marketing is also probably more cost-effective than other more traditional forms, so marketing itself is exploding in growth. It's no wonder -- putting up a video on YouTube, AdWido, and other video sites is pretty simple, and if it's a good video, it will get the exposure it deserves.
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Posted by: Business Intelligence Solution | August 01, 2011 at 05:27 AM
It only shows that social media is effective in growing up business rather than other online media, because of also of its popularity why it is become powerful marketing strategy.
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