Whoever predicted that online marketing would never take off would find it hard to believe the radical progress that interactive marketing has made in the past four years.
In a twist to the traditional "TV First", "Web Later" sequence of launching new commercials, companies are beginning to launch web commercials first to gauge user reaction and reach their target market as quickly as possible. Recently, Coty Inc launched the commercial of their new perfume Lovely on a lifestyle site and they are planning to target a broader audience through a TV Commercial later this year.
This change in perception certainly marks the growing respect that internet is garnering as a marketing medium. According to Forrester Research, online advertising made up 5 percent of advertising budgets last year and will make up 8 percent by 2010. Someone rightly said "There are only two kinds in this world: Winners and Underdogs" and interactive marketing is moving rapidly out of its underdog shadow.
Thursday, September 08, 2005
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