Nielsen Ratings, aka Nielson Wire posted this study on their blog which clearly shows an ever increasing percetage of American’s spending more time online doing social networking related activities. Take a look at the article here. This in turn causes advertising growth. All in all this is great news for us online marketers. Need more proof to move to online social mediums to grow your ideas and business?
“This growth suggests a wholesale change in the way the Internet is used,” said Jon Gibs, vice president, media and agency insights, Nielsen’s online division. “While video and text content remain central to the Web experience – the desire of online consumers to connect, communicate and share is increasingly driving the medium’s growth.
Among those taking note of this trend: advertisers. Estimated online advertising spending on the top social network and blogging sites increased 119 percent, from approximately $49 million in August 2008 to approximately $108 million in August 2009 – all despite a recession. Share of estimated spend on these sites has doubled, from 7 percent of online ad spend in 2008 to 15 percent in 2009.”