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Thomas Frey - Senior Futurist at the DaVinci Institute
September 28th, 2007 at 5:46 pm

Marketers Still Hooked on Old Media

Six in 10 marketing executives put at least one-half of their media spending into traditional channels, according to a Gundersen Partners survey. About 45% of respondents allocated less than 10% of their budgets to new media.

 

Respondents said they were going to change their emphasis on traditional media. More than one-half of respondents planned to put 10% to 30% of their media spending into new media, and 28% planned to spend over 30%.

About 80% of respondents planned to hit their new media spending goals in two years, and more than one-third planned to achieve their ideal new media spending level within 12 months.

Asked what was holding them back, 40% cited insufficient knowledge, and one-third said they did not have enough time to evaluate new media channels.

Seven in 10 respondents said they were satisfied with traditional media measurement, and a solid 60% said they were satisfied with measurements available for new media.

Gundersen Partners surveyed 377 marketing executives online.

Via eMarketer

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