Internet Advertising Taking Over From TV
Business news, Technology No Comments »Twelve years ago Netscape Navigator was launched and everything started to change.  More and more people now access newspapers and other media through the internet, but the big advertisers have been slow to spot the trend. This is now changing, and it’s not looking good for TV.Â
Australian media ad spending is expected to grow by 11 per cent to $11.6 billion this year; $620 million of that will be online. Free-to-air TV will increase by only 2 per cent .
Today’s Sydney Morning Herald article on internet advertising growth says Australian advertisers are ahead of their US counterparts, spending about 9-10 per cent of their budgets online (most US marketers spend 4-10 per cent).
Australia currently ranks eighth in the world in its rate of internet access, just behind the U.S.A. Top of the chart is New Zealand, closely followed by Iceland. Most businesses here have a website and use email to comunicate with their clients, and the time is rapidly approaching when it will be impossible to conduct anything but a cottage industry without it.

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