Log has written
MONDAY, FEBRUARY 13, 2012

New Delhi: At a time when both print and electronic mediums are seeing a dip in advertisement revenues, search engine major Google said money is still flowing into online marketing initiatives, as advertisers are now looking at cost-effective mediums to reach the target audience.

“Usage of the online medium as an advertising platform is increasing in the economically turbulent times. One of the reasons is that the medium offers the advertisers the flexibility to reach the right kind of users,” Google business head-technology Parminder Singh said.

He further said that the slowdown in the economy had forced advertisers to creatively use the medium to their advantage. “Advertisers are using this medium more for creating brand awareness, to lead the generation,” he added.

For electronic products, it makes more sense for advertisers to have an online presence, he said.

The search engine major had conducted a study to get an insight into the consumer’s buying behaviour, which suggested that consumer electronics, technology and telecom products were usually researched online but purchased offline.

For technology products, 56% are researched online but purchased in retail stores, and 26% are researched and purchased online. For consumer electronics, 53% are researched online but purchased in retail stores, and 28% are researched and purchased online.

About 59% telecommunication products are researched online but purchased in retail stores and 23% are researched and purchased online, according to the study.

Singh said that about 6.1 million mobile-related searches were made on Google in India every month. Nearly, 700,000 laptop-related searches and 300,000 digital camera-related searches were made every month on online medium every month, he added.

Tags - Find More Articles On:
READ MORE ARTICLES BY:
blog comments powered by Disqus
SBI Q3 profit rises 15%; bad loans surge to record
Revenue from corporate and wholesale banking rose 34% to Rs10,942.16 crore, up from Rs8,172.83 crore...
SBI: A year of bad loans
The key factor is State Bank of India’s financial results was the extent of the increase in bad...
Dhanlaxmi Bank’s untold story: why the CEO had to go
The honeymoon did not last long as the trade union turned increasingly restless for fear of losing its...
Views | Reliance follows a buyback with a bond sale
But why is the money being raised when the buyback signals that there is already too much cash on its...
Views | 3D printing can revolutionize the future
3D printers not only make jewellery, toothbrushes, complex machine components and medical implants,