MediaPost quotes Borrell Associates report: Auto ad spending on the rise

"According to a new report from Borrell Associates monitoring the pulse of local ad spending by U.S. auto dealers, dealer associations, and manufacturers, US auto manufacturers will increase their online local ad spending by 14% in 2010, while new- and used-car dealers will increase their ad spend online by 8.6%. The total effect will result in an 11.4% increase in new-vehicle online ad spending next year.

Overall, Borrell Associates predicts that US ad spend for new cars will rise to a total of $19.2 billion from the low of $18.4 billion in 2009, experiencing a 4% growth rate across all media. These numbers represent declines from 2008 spending, following a precipitous drop in automotive ad spend of 31% in the first half of 2009, during which Chrysler and GM declared bankruptcy and the recession forced a significant decline in new auto sales."

See the MediaPost Research Brief here: http://www.mediapost.com/publications/?fa=Articles.showArticle&art_aid=117858

George
Media Services Group

We have our work cut out for us

According to MediaPost, a recent survey of small businesses reports the following:

• 74.1% plan to increase their use of email marketing in 2010
• 68.3% plan to increase their use of social media
• 79.6% are not planning to use TV
• 72.7% will not use radio

See the story here: http://www.mediapost.com/publications/?fa=Articles.showArticle&art_aid=118122

George
Media Services Group
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