Posts Tagged ‘economy’

I saw some interesting forecasts that have to do with marketing:

Monday, March 22nd, 2010

-          Today companies have at least 60 ways to reach consumers, everything from Twitter to online contests and coupons sent via cell phones.

-          By 2013, 46% of all media consumption will be ad supported.  In 2003, 60% was.  Another threat forecast to the viability of advertising-supported trade publishers.

-          Ad/marketing spending won’t see gains until 2011 after reaching a peak in 2007.  We think that’s somewhat true;  based on our activity, 2010 will be better than 2009 for most in marketing, but won’t return to 2008 spending levels for another year or two.

-          Newspaper ad revenue has plunged by 40% since 2003 and will continue to shrink by another 20% by 2013.  Magazines are seeing the same drop, though not as steep, it said:  20% decline since 2003, with another 12% decline by 2013.

When will it end?

Tuesday, March 16th, 2010

Health of economy tidbit:  a bank told me that their institution is three years into a five-year moratorium on writing any loans for commercial real estate, unless it’s an owner-occupied building.  Unbelievable how much “inventory” exists and how much recovery remains to take place in the financial and real estate industries.