Vroom Vrooooom: Is GM Racing Ahead Online?
Posted by Mort Greenberg on March 29, 2008
Source: http://adotas.com
ADOTAS – General Motors is clearly leading the charge in the automotive industry toward interactive advertising. Earlier this month GM announced that it will spend half of its $3 billion ad budget online. According to a recent report, GM was already heavily invested online, but with mixed success.
GM also led in reach, with about 103 million unique individuals receiving their display ads during January, followed by Ford which reached 95 million and Toyota, which reached 62 million.
But Toyota won out in the sheer number of ads delivered per person reached – hitting a frequency of 22 ads per person compared to 16 for GM and 11 for Ford.
“GM has really led the auto industry in its use of online advertising,” said Alistair Sutcliffe, vice president of comScore Advertising Solutions. “And, their recent announcement that half of their $3 billion annual advertising budget would be spent online in the coming years is likely to be a bellwether for many industries. Many traditional advertisers are beginning to understand that the Internet enables them to efficiently build their brands by achieving their demographic reach and frequency goals while at the same time reaching the most attractive, behaviorally-defined target segments. This is a winning recipe for achieving an attractive return on one’s advertising investment.”
So where are car companies advertising? The top publisher sites they advertise on are portals and auto resource sites. Yahoo Sites and Microsoft Sites deliver the highest number of impressions – 936 million display advertising views and 585 million display advertising views, respectively.
This entry was posted on March 29, 2008 at 3:15 pm and is filed under Ad Spending, Brand Advertising, Data & Metrics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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