Wednesday, February 17, 2010

Parks Associates Forecasts Advanced TV, Mobile Advertising, and Social Networking to Lead Long-Term Recovery in U.S. Ad Spending

This new report from international research firm Parks Associates features a survey of U.S. advertising and media executives and found this group optimistic about 2010 ad spending as well as the long-term impact of advanced advertising formats. A majority would pay a premium for addressable TV ads, with almost 40% willing to pay upwards of 20% more over traditional TV ads.

“As digital media consumption increases, advertisers are incorporating emerging advertising platforms into their overall media mix, with particular emphasis on interactivity and personalization to capture consumer attention,” said Heather Way, research analyst, Parks Associates. “This new focus in advertising opens new revenue opportunities for content and service providers, who can build partnerships with agency decision makers to create truly innovative advertising delivery solutions.”

CONNECTIONS™ Europe will feature Parks Associates’ expert consumer and industry research, with the company’s analysts presenting data from consumer research projects including All Eyes on Video, Consumer Decision Process, Residential Energy Management, and Digital Media Evolution.

From the press release, "Parks Associates Forecasts Advanced TV, Mobile Advertising, and Social Networking to Lead Long-Term Recovery in U.S. Ad Spending"

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