Monday, November 30, 2009

Advertisers and agency optimism returning to pre-recession levels, study says

A study of the long-term confidence of U.S.-based advertisers and ad agency buying executives says they have returned to a pre-recession level of optimism. All media have seen improvements.
According to a story in MediaDaily News,
The study[by Advertiser Perceptions Inc., a media research firm], which is based on an index of executives who plan to boost their ad spending over the next 12-months vs. those who plan to decrease it, currently stands at a positive difference of four percentage points, the highest level since the fall of 2007, when the index stood at positive eight percentage points.
There has been improvement for every medium tracked, although views of traditional media such as radio, magazines, national and local newspapers are still considered pessimistic. The positive index for all digital media (mobile, online) went from 40 percentage points in spring 2009 to 55% this fall.

Ad Optimism Is Improving For Most Media, High For Mobile/Online


"Optimism"
Status
Trend
Mobile
54
Optimistic
Improving
Online
54
Optimistic
Improving
Cable TV
+11
Optimistic
Improving
Outdoor
-13
Optimistic
Improving
Broadcast TV
-8
Pessimistic
Improving
Radio
-16
Pessimistic
Improving
Magazines
-19
Pessimistic
Improving
National Newspapers
-41
Pessimistic
Improving
Local Newspapers
-35
Pessimistic
Improving
 

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