Wednesday 2 January 2008
2008: Web takes bigger share of ad spend while forcing ad houses to reinvent themselves
By Leah McBride Mensching, Wednesday 2 January 2008 at 23:39 :: Advertising
The Internet's rising prominence and domination on the media landscape isn't just changing the way newspapers do business. Advertising agencies are being forced to reinvent how ads are created, with clients even asking for changes in the way the firms are structured, The Wall Street Journal reported Wednesday.
In the past, very few advertisers spent more than five to 10 percent of their marketing budgets online, but as social networking sites and online video continue to boom, ad experts are predicting a huge jump in online spending this year.






