Online advertising slowing down but still 11% up from 2007 | Startup Meme - Technology Startup and Latest Tech News

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Nov 21 2008

Online advertising slowing down but still 11% up from 2007

Shoaib Hashmi 

Online Marketing

The current economic crisis has affected almost every business. Online advertising sector is one of those areas but it is not affected badly. According to a report, the third quarter revenues were %5.9 billion which is 11% more than the same quarter last year. The pace is absolutely slowing down as the current revenues are just 2% more than the 2nd quarter of 2008. Last year the revenue of the first three quarters were $15.2 billion, which has now increased to $17.3 billion in the same period this year. The actual performance of the online advertising industry can be judged in the next quarter which will be very crucial.

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