LOCAL AD SPENDING ONLINE BALLOONED 28 percent to $2.7 billion last year, according to a report released Monday by research company Borrell Associates. The report, "What Local Web Sites Earn: 2005 Survey," based on a survey of Web sites of 2,177 local media properties, predicts even higher expansion--46 percent, to $3.9 billion--this year. Local marketers of computer-related services spent the largest proportion of their ad budgets--7.3 percent--online, followed by bars and restaurants--3.3 percent--and business-to-business advertisers--3.2 percent. Borrell defined local advertising as "advertising placed by locally based businesses for locally focused online messages."
Hybrid autos only hold a tiny fraction of Canada's vehicle market but they are gaining momentum. Sales of the gasoline-electric powered autos jumped more than six-fold from 2003 to about 2,300 units last year and industry watchers predict business could double or triple again this year. The observers said yesterday the only factors that could stymie major growth in hybrid vehicles is a decline in the overall auto market, falling gas prices or not enough supply to meet demand.
The Internet's impact as a research tool for car buyers is greater than ever. It is both a persistent influence and a displacement medium for the more traditional ways auto manufacturers and dealers use to reach buyers. CNW Marketing Research of Bandon, Ore., has taken an in-depth look at which media influence buyers at various stages in their purchase decisions, and which formats Internet users consider to be effective.
