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INDUSTRY OVERVIEW
Online Branding and Advertising
The online marketing and advertising medium has gained much momentum in the recent years and now flaunts considerable weight, perhaps redefining the traditional methods of branding and advertising. Just like in the offline industry, large companies seeking to build their brand or promote a particular product or service employ the services of an agency, which in turn uses offline and online media to achieve the goals of its client. Companies with their own marketing department plan and carry out their marketing objectives themselves, by directly overseeing all the necessary steps in media planning and buying on various online and offline media channels. Both agencies and companies turn to online marketing and advertising corporations such as B2B Avenue, LLC to achieve their marketing and advertising campaign objectives via online media.
There has been a rise in demand for online media, making it the marketing media of choice for many companies and agencies alike. The increased demand can be attributed to the more efficient nature of online media. Online marketing and advertising may in many cases offer a higher return on a client's media budget due to the vast campaign targeting opportunities and advertising models offered. The advent of new internet technologies and innovative ad models is continuously improving and expanding the campaign options available for use by online marketers and advertisers. Furthermore, online media offers marketers the ability to target a highly-specific audience by enabling them to select from a vast variety of audience targeting parameters. B2B Avenue, LLC offers a unique B2B vertical marketing and advertising channel to B2B advertisers and agencies and focuses on meeting the unique needs of its B2B clients.
The explosive growth of the online marketing and advertising community has been spurred by multiple factors. Although the industry has grown tremendously thus far, all indicators hint that the industry is still far from reaching full maturity. The natural expansion of internet usage and the rising availability of fast internet are contributing to an ever-expanding internet-user base and a versatile and robust online marketplace. Many security and privacy issues have been addressed and many security measures have been adopted by online companies. New products and services are becoming available online on a daily basis and more user friendly interfaces are offered to the end-user. The online marketplace is expanding in size and sophistication and is further gaining momentum. It is also becoming a powerful channel for reaching specific B2B target audiences as more industry professionals and business decision-makers conduct their business and spend their free time online.
Additionally, as more larger-ads, rich media, and other new marketing formats are introduced and accepted as mainstream, B2B advertisers stand to benefit from increasing online marketing and advertising opportunities. According to Stamford, Conn.-based GartnerG2, the B2B segment is expected to represent 22 percent of total online ad spending in 2005, reaching approximately $3.42 billion. Furthermore, GartnerG2 estimates B2B ad revenues to grow at a 22 percent rate in the third quarter alone.
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