Saturday, June 12, 2010

Mobile Internet Exploding, Online Ads Ready for Take Off

Could it be the Twitter effect?
Morgan Stanley analyst Mary Meeker's annual Internet Trends Presentation (very interesting to read. Please do it at www.slideshare.net/CMSummit/ms-internet-trends060710final) contends that online ads are about to take off.
As Cecilia Kang at the Washington Post reports, users spend 28% of total entertainment time on the Internet, but advertisers only spend 13% of their budgets on the Internet. That represents a $50 billion opportunity, according to Meeker, that advertisers are starting to seize.
Publishers are hoping she's right.

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