Sunday, August 31, 2008

USA advertising expenditure continues to move from newspapers to online

The New York Times Co.'s advertising sales revenue from continuing operations fell 10% to $235.9 million from a year earlier. Advertising sales decreased by 16% and circulation revenue reduced by 0.5%.

Revenue at the publisher's News Media Group dropped 18% as classified revenue slumped 30%, on weakness in real estate, employment and motor vehicle ads.

Ad revenue at the New York Times Media Group fell 15%.

At the New England Media Group, ad revenue for the Boston Globe fell 25%. In the company's regional-media group, ad revenue was reduced by 18%.

The results come after Gannett Co. last week reported a 17% slump in July ad revenue and McClatchy Co. posted a 19% decline.

The USA newspaper business is going backwards and substantial job losses are occurring.

Because of the immediate nature of selected online information provided by services like Google Alert, the relevance of newspapers as the breaking source of news, even quickly via their websites, is being challenged.

While there will always be a place for considered comment in print, the news aspect which has been paramount, is being lost to online sources.

Our USA Local Search Business Directory, which is a free service for the 10 million businesses listed, is a direct competitor to newspaper ads, and we continue to succeed.

Thursday, August 28, 2008

USA online advertising spending to produce qualified prospects for businesses is increasing

The Internet Advertising Bureau reports that spending for online prospect generation grew to more than $1.3 billion in 2006, which is a 73% increase in one year, making it the fastest-growing segment of online advertising spending.

Paramore Redd Online Marketing, says almost any company selling a consumer product can benefit, by building a database of prospects whom they then can approach via e-mail.

They say that online prospect generation works best if your product or service costs $1,000 or more and this has worked well in travel, medical services and publishing.

A prompt response is essential to making this work.

The internet has made possible the widespread use of New Sell, which is where a prospect approaches a business rather than the other way around.

This changes the psychology of the sale; particularly in these times of market hardened prospects who are conditioned to reject unsolicited approaches.

So the prospects delivered to the 10 million businesses listed in our USA Business Directory are greatly appreciated, and in keeping with the web 2.0 model, there is no cost for the businesses.

Wednesday, August 27, 2008

USA paper phone book enquiries are moving online

The Kelsey Group predicted in March 2008 that USA print business directory revenue, would decrease from $14.2 billion in 2007 to $12.3 billion in 2012.
At the same time, Internet business directory revenue would increase from $899 million to $2.6 billion, a compound annual growth rate of 23.7%.

The Kelsey Group study says that while online is growing quickly; the current share of local search is about 50/50 with the print alternative. 14% of users looking for local business information used a print phone book, while 14% first used an Internet site.

Mobile online search for local businesses is seen as a driving force in moving more users from print to online, since the enquiry can be answered immediately and with Apple’s iphone, it’s only one click to make the phone call to the business.

Our USA Business Directory has been configured to run on Apple’s iphone, which means that the 10 million businesses listed, who are sent the prospects without cost, will benefit further from this usage trend.

Wednesday, August 20, 2008

Google is rated number one in the USA for customer satisfaction

The University of Michigan's annual American Customer Satisfaction Index for the e-business sector puts Google at number one for customer satisfaction in the big search and portals category.


Google's score of 87 out of 100 is one of the highest scores ever recorded by the ACSI.


For the e-business sector, customer satisfaction improved 5.5 percent from 2007 to 79.3 this year on the ACSI's 100-point scale. That's a 25.9 percent increase since e-businesses were added to the survey in 2000.


In 2008, Google replaced Yahoo, which had been number one in 2007.


This is another indication of how the addition of features and superior search results enhance Google’s value as a trusted brand.


This is great news for the 10 million businesses listed in our USA Search Directory, because the listings are extensively indexed in Google, and provide them with prospects at no cost to the businesses.

Tuesday, August 19, 2008

USA Online advertising is expected to grow by 17.4% in 2008

eMarketer now expects USA online advertising to grow by 17.4% to $24.9 billion in 2008, a reduction of 4%, from their projection of five months ago, due to the recession.

The video advertising spending estimate was also reduced by 64% from their February prediction.


Now it says that $505 million will be spent on online video in 2008.


So online advertising will still grow by 17.4% in 2008, compared to 2007, when online ad spending grew by 25%.


Online video ads are expected to grow by 55.9% compared with 2007. While online video ads are still a small part of the total online ad market, analysts say that there will be continuing strong growth in this area.


Our USA Local Search Business Directory is also enjoying popularity, with over 10 million businesses listed being provided with qualified prospects, at no cost to the businesses.

Monday, August 18, 2008

Online sales for USA college textbooks are increasing

A major competitor for college student textbook dollars is online sales.

The National Association of College Stores reports that 23% of all textbooks were bought online, an increase from 16 percent in 2003.


Twenty-four percent of students said they had bought textbooks or other course materials online.


The National Association of College Stores says that the trend has been to purchase more course materials online and that most college book stores now offer online sales.


The National Association of College Stores reports that students spend about $6 billion a year nationally on college and university textbooks.


Online sales in all fields continue to increase and our USA Business Directory, which has over 10 million business listed, is a way of securing online sales without cost, since the prospects are provided to the businesses listed with no cost involved.

Sunday, August 17, 2008

Google now offers Coupons for USA businesses on Google MAPS

To assist businesses to attract additional customers, firms can now have coupon information, including images, in their Google Local Search MAPS listing.


The customer can print out the coupon to receive the offer being made. This means that small firms can compete without having to have a web site. There will be no charge by Google for the service.


Google will distribute ValPak coupons; Valpak is a large USA provider of direct mail advertising. Valpak will receive free exposure to Google's audience, and Google will receive content to offer to Google Maps users.


Businesses will be able to buy Google sponsored links to drive traffic to their coupons, even if they don’t have a website.


This will have substantial benefits in increasing Local Search traffic and sales.


Our USA Business Directory for Local Search also contributes, since the 10 million businesses listed, the vast majority of which are small businesses, have prospects sent to them 100% free of charge.