SearchIgnite reports a 33% increase in retailer’s ad spending over last year illustrates that retailers are likely pouring more dollars into search campaigns which can be monitored and tweaked in real-time.

Roger Barnette, president of SearchIgnite notes: “Advertisers are shifting more dollars to paid search and digital media. Retailers want media they can buy on a performance bases to track and measure.”

Despite a decline in overall consumer spending, people are steadily purchasing goods over the Internet. Observationally, retailers are offering more incentives earlier in the season than is typical,  likely incentivizing consumers to go ahead and make necessary and discretionary purchases.

Post by David Gosse.

Online advertising data offers some light in the current economic do. Third quarter figures reveal an 11 percent increase over 2007, coming in at $5.9 billion, according to the Interactive Advertising Bureau (IAB) and PricewaterhouseCoopers (PwC). The first nine months of revenues set a new record, climbing 14% over the same period last year. This data not only shows that Internet advertising has continuing to grow as predicted, it reveals that its becoming a haven for ad dollars in the downturn. Continually hailed as the most cost-effective and measurable method of reach customers, online shines while other ad outlets fade.

Post by David Gosse.