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Search marketing 'will perform less well this year'
October 20th 2009
Universal Search Marketing News
Online consumers are likely to be clicking less on
paid search marketing adverts during the economic
downturn, it has been claimed.
This may have impacted on the size of the online
market, which has led to a revision of 2009 online
ad spending forecasts by eMarketer.
The research and analysis firm has revised down its
spending prediction to $22.8 billion (£13.9 billion)
in the US, predicting declines of 2.9 per cent for
the year.
Commenting on the new forecast, eMarketer senior
analyst David Hallerman explained that search
marketing and classified ads are "highly influenced
by overall economic attitudes and activities".
He said: "With less shopping, people are doing fewer
commercially based searches, and therefore clicking
less on paid search ads.
"And classifieds depend on employment and real
estate, both of which will likely remain soft
markets for a few more years."
ZenithOptimedia's global ad expenditure decline was
also revised this week to 9.9 per cent, down from
8.5 per cent in July.