UK Online Marketing Spend Up!
The latest figures from the IAB (UK) in association with PwC and the World Advertising Research Centre (WARC) indicate that online advertising is up significantly in the UK despite the economic downturn.
Headline figures are as follows:
Online Advertising Spend in the first half of 2008 – £1.68 Billion
Online Sales in the first half of 2007 – £1.33 Billion
That’s an increase in online advertising spend of 21% for the first half of the year, when compared to H1 2007. Despite a slow down in the rate of growth (growth of 41.3% was reported for H1 2007 when compared to H1 2006) the market share of online advertising is growing. Online Advertising now accounts for 18.7% of the total advertising spend of £8.98 Billion. Up from a market share of 14.7% in the first half of 2007.
The interesting fact is that the overall advertising is down by 0.7% year on year for the first half of 2008 with TV, press, outdoor and radio all experiencing falls. Thus online is the clearly in favour with UK marketeers and is rapidly closing the gap on press (with a marketshare of 19.3%) and TV (with a market share of 21.7%).
Source of data IAB UK




