In the Advertising Association's latest quarterly report on UK adspend, overall spend was down 3.9% year on year. In Q4, 2008, the decline was larger at 9.6% compared with the previous year.
All media spend (except for internet) declined with newspapers down 12% & magazines down 9.9%.
Internet advertising was the star performer with adspend up 17.3% year on year.
These figures show that when times get tough and advertising needs to deliver a good marketing ROI, online is the place to be.
Peter Hawtin is an internet marketing specialist with Brand New Way, a UK web marketing agency which helps companies to attract and retain valuable customers online.
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