The majority (69%) of media planners and agencies now use online advertising networks as part of their digital ad buys, representing a 24 percent increase in the past 18 months, according to a new study by Adify Media.
"Especially in light of the Dynamic Logic study that found that creative quality is 50 to 75 percent responsible for campaign success or failure, agencies must start evaluating the creative capabilities of networks," said Russ Fradin, president of Adify.
"As the industry looks for better ways to engage, not just reach, their audience, brands need to focus on compelling creative that builds an ongoing conversation with consumers and placing it where consumers spend time."
Other key findings from the survey include:
— More money is being allocated online each quarter:
– 56 percent of respondents’ budgets were more than $500k in 2008.
73 percent were over $500k in 2009.
– In 2009, 37.9 percent of the respondents spend between $1-5 million
per quarter on online advertising, 15.2 percent of respondents spend
$5-20 million per quarter, and 5.9 percent spend more than $20 million
per quarter on online advertising.
Branding is a major focus for online ad campaigns:
– 83 percent of respondents allocate 50 percent or more of their budget
to branding vs. direct response.
Awareness of vertical ad networks (VANs) continues to grow as a way to
reach niche audiences:
– 72 percent are familiar with VANs versus 56 percent in 2008.
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For what it’s worth, Credit Suisse analyst Wallace Cheung actually believes Google will stay in China. But he thinks Baidu stands to gain from the ongoing commotion regardless of whether it stays or goes, and so upgraded his rating on Baidu’s shares from "underperform" to "neutral."
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"We welcome the Attorney General’s review because it will show that Barnes & Noble does not, nor has it ever, shared customer debit or credit card information with discount clubs," said William Lynch, President, of 
Yahoo reported $1.26 billion in net revenue and earnings of 11 cents per share, versus predictions of $1.23 billion and 11 cents per share. That’s a pretty solid performance, all in all.
