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HOME • MANAGE SUBSCRIPTIONS • MEDIA KIT
Advertisers Demand More Accountability For Digital Media
by Jack Loechner, Thursday, February 22, 2007, 8:30 AM

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Advertisers Demand More Accountability For Digital Media

Even while U.S. Internet advertising revenues grew more than 30 percent last year, topping $16 billion, corporate advertisers and advertising agencies are concerned that their online ad impressions may not be properly counted. A recent survey sponsored by the Audit Bureau of Circulations (ABC), shows that less than half of ad-agency respondents and only one-third of advertiser respondents said they were confident that their companies' online ad impressions were measured and reported accurately.

84 percent of respondents in the ABC survey believe that verification of online advertising activity by an independent third-party auditing firm will become increasingly important over the next three years. More than two-thirds said they would prefer to advertise on Web sites that are independently audited.

Michael J. Lavery, ABC president and managing director, said "Just as publishers and print advertisers require accuracy and credibility in traditional media information, we're seeing increased demand for transparency and accountability online..."

Other key findings from the study "Online Accountability: Gauging the Growing Demand for Audited Web Metrics" include:

  • 83 percent of respondents plan to increase online ad spending in 2007, with more than half expecting double-digit budget increases
  • 91 percent of respondents said Web metrics are important to audit ad impressions and delivery
  • 89 percent felt it's important to verify Web site traffic
  • More than half of the survey respondents said they would be more likely to advertise on blogs, podcasts, streaming video, and mobile media if audited by an independent firm
  • Advertising buyers said the primary benefits of audited digital media include more reliable data, better post-buy analysis and evaluation, more confidence in media buys, more effective media plans, and more trust in Web site properties
  • 75 percent of ad professional respondents under age 25 said they trust the metrics provided by online publishers, compared to 22 percent of those in the 55-64 age category.

Jeff Minsky, director of emerging platforms for global media agency OMD, says "Marketers now consider digital media a core part of their media strategies... so it is important that both agencies and their clients are comfortable with the metrics of media reach evaluation and post-campaign analysis provided in this accountable medium."

Please visit here for the complete ABC release.

1 person recommends this article. 

3 comments on "Advertisers Demand More Accountability For Digital Media "

  1. Douglas Mashkuri from FCW Media Group
    commented on: February 22, 2007 at 1:35 PM
    As the need for auditing emerges will the ad agencies and advertisers be willing to pay higher rates and CPMs to cover the increased cost of doing business?

  2. donn friedman from albuquerque journal
    commented on: February 22, 2007 at 11:49 AM
    Who is going to pay for better accounting?

  3. Angela Horn from The Lima News
    commented on: February 22, 2007 at 10:00 AM
    I think it's interesting that 75% of the under-25 category trust stats about ad impressions, but only 25% of those 55-64 do. These folks came of age in the '60's and '70's when the prevailing wisdom was to mistrust authority (or so I've read...). The fact that they don't trust what they're told about how many eyes see their ads will lead to stricter oversight and better stats, which is good for all advertisers, even if it does seem like a pain.

    YMMV

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