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Online Advertising posts another record quarter

Published on Tuesday, 09 November 2010  in the category IAB Press Releases 9 November, 2010: Total online advertising expenditure in Australia has continued its strong growth, posting a record quarter of $571.75 million. The results which were released today in IAB Australia’s Online Advertising Expenditure Report (OAER) compiled by pwc, recorded an increase of $105.5m, representing 23 percent growth from the comparable third quarter in 2009.

Compared to the 2009 Q3 quarter, growth in online advertising expenditure was experienced in all categories with general display, classifieds; and search and directories recording 26 percent, 30 percent and 18 percent quarter on quarter growth respectively.

Paul Fisher, CEO of IAB Australia said “Feedback from media agencies and advertisers indicates a continued and growing confidence in the online channel as an effective medium to reach, engage and influence consumers, and these expenditure figures demonstrate that investment is indeed following consumer behaviour - online.

“Online advertising is still in an aggressive growth cycle and the signs for continued double digit growth for many quarters to come are strong. As we head into the lead up to Christmas and the strongest retail period of the year, advertisers will continue to leverage the power of online advertising to influence consumer’s Christmas purchase choices.

“This latest expenditure data puts the medium on track to exceed $2.2 billion for calendar year 2010, taking a growing share of the Australian total advertising market,” concluded Mr Fisher.

General display advertising and classifieds advertising accounted for 26.5 percent and 24.6 percent respectively, of the total advertising expenditure for the third-quarter 2010, while search &
directories advertising comprised the remaining 48.9 percent.

Within general display, based on the submissions received, email based advertising comprised $7.6m of advertising expenditure, while video based advertising comprised $8.4m of advertising expenditure, slightly down on Q2 2010.

CPM based pricing continued as the dominant expenditure type with 75% of advertising expenditure on a CPM basis, and 25% on a direct response basis.

The health, beauty and pharmaceuticals category within general display continued to showed good growth, making it to the top five categories for the first time.

Finance, motor vehicles and computers & communications continue to be the dominant industries using general display advertising, comprising 44.3 percent of the general display spending. Motor vehicle (manufacturers) was the largest subcategory at 10.5 percent of general display spending for the quarter, marginally down from 10.7 percent in second-quarter 2010.

Real estate was the leading category for classifieds advertising expenditure in third-quarter 2010, followed by recruitment, and then automotive.

For further information about IAB Australia please visit: www.iabaustralia.com.au







