Don't Understand the Value of Blog Advertising? You Could Soon Be Asking "Would You Like Fries With That?"

By B.L. Ochman Blog advertising expenditures have grown 300 percent in the past year, according to Henry Copeland, president of blogads.com, and blog advertising is still obscenely cheap. In fact, companies can make a really big brand splash for $25 to $75K.

Blogs provide advertisers an excellent opportunity to reach a devoted audience niche. Nonetheless, a new American Advertising Federation study on "Digital Media Trends", http://www.aaf.org/news/press20060611_01.html proves that 58% of "advertising industry leaders" said that they personally are "struggling simply to manage existing online efforts, let alone stay ahead of the curve." And, while blogs' impact is magnified by the fact that they reach influencers, blog numbers, until recently, have been little more than curiosities to big brands.

I predict that the cost of blog advertising will rise exponentially in the next six to 12 months. And, as traditional advertisers try a heavy-handed approach to creative, many companies will skulk away, having convinced themselves that this new fangled social media doesn't work.

Despite the fact that every publication on the planet seems to have run at least one article about blogs, the first question I am asked in every time I talk about social media at conference is still "But do blogs really work for corporations?" Pretty soon, communicators who don't know the answer will be asking, "Would you like fries with that?"

Read the rest of this article at MarketingProfs.com

Comments

Posted by: Ken at August 3, 2006 7:43 AM

Post a comment

Email this story to a friend

TrackBacks

TrackBack URL for this entry:
http://www.whatsnextonline.com/mt/mt-tb.cgi/3339

Listed below are links to weblogs that reference Don't Understand the Value of Blog Advertising? You Could Soon Be Asking "Would You Like Fries With That?":

Blog advertising expenditures have grow 300 percent in the past year, from WebMetricsGuru
The money spent on Blog Advertising has grown 300% over the last year according to Henry Copeland, president of blogads.com and reported by B.L. Ochman. "...blog advertising is still obscenely cheap. In fact, companies can make a really big brand... [Read More]

Tracked on August 1, 2006 6:05 PM

How bizarre, how bizarre from The Journal Blog
... [Read More]

Tracked on August 1, 2006 8:13 PM