31Oct

Online Advertising To Top $50 Billion

Posted by Steve Renner as Internet Marketing

Online Advertising is exploding as most business owners are shifting their advertising budgets from traditional mediums, into Internet Marketing. Over $25 Billion was spent on Online Advertising in 2007, and estimated to top $50 Billion annually in the next 2 years.

Search Engine Marketing

Most businesses are fast becoming aware of the power of Online Advertising, for building Brand Awareness, attracting Customers, and for Lead Generation. Most companies are adopting an Internet Marketing Strategy which includes In-House SEO (Search Engine Optimization) and Pay Per Click Marketing as well as using outside SEM (Search Engine Marketing) firms and Internet Marketing Consultants (IMC).

Traditional forms of marketing are dying off, Print, Yellow Pages, Newspapers, Television are losing ground to Internet Advertising. The majority of consumers now look on;line to find products and services. A new generation of consumers is coming up that has grown up on the Internet and is completely Online.

Search Engine Marketing is the wave of the future for any Business, and Online Advertisers are pouring cash into the Search Engines at frantic pace. The competition is heating up and smart business owners know that their customers are Online.

Battle lines are being drawn as businesses compete for customer traffic, and prime placement on the search results. Google, Yahoo and MSN are the primary players. A new player has entered the search game, Acesse, which looks to become a dominant force in the Search Marketing arena soon.

An average Online Marketing budget for traditional service business, like Plumbers, Roofers, Electricians, Contractors, etc is $4,000 - $5,000 per month. Retailers, Resturants and Professionals like Doctors, Dentists, Attorneys, is considerably higher.

Online Advertisers are paying an average of $2-$4 on the low end all the way up to $35-50 per click for some of the more specialized businesses. As an example Contractor who installs Garage Doors is paying $20 per lead. DUI attorneys are paying $35-$45 per lead. Asbestos Removal companies are paying up to $100 per lead.

This presents a huge opportunity for the smart marketer who is looking to Cash In on this Online Advertising bonanza. iNetGlobal offers an opportunity for the average person to get into the business as an Internet Marketing Consultant, for a very low cost, and the upside earning potential is unlimited!

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