Wednesday, August 27, 2008

Online business and advertising set to soar

The online business world and online advertising is well an truly on the launch pad now and all set to really take off in a big way.

You may have thought that it was already flying in a big way, but lets consider a couple of recent announcements from statistical companies and analysts.

Today BBC news announced that the The Office for National Statistics said that two-thirds of UK homes were now online, which is almost 16.5 million households, an increase of 1.2 million since 2007.

According to all the analysts online advertising spend is all set to overtake that of television next year. There is also a lot of chatter about how print sales are falling and how many of the big companies are doing more with web based campaigns and pay per click advertising and not going for the more traditional large spend campaigns that they were.

It certainly appears that the credit crunch is going to be good for the web and online businesses and our advice is that right now you should be looking very closely at what you are currently doing with your web site and what should be done to bring it up to scratch. Whilst the credit crunch is good news for your online offering don't get complacent, it won't take long for lots of new e-commerce and promotional sites to spring up as the credit crunch starts to put the squeeze on bricks and mortar only firms.

If you wish to know more or would like to discuss the issues raised in this blog please feel free to contact us.

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