Search Stars As Online Advertising Cracks $1 billion

Search Stars As Online Advertising Cracks $1 billion
Search Takes Off

The Australian digital advertising market cracked the $1 billion sales barrier for the first time during 2006 with Search the star performer, according to the latest Online Advertising Expenditure Report from the Audit Bureau of Verification Services (ABVS)*.

The report said the Australian online advertising market grew 61.5% in 2006.

Search and Directories Advertising was up 81.4% to $399 million, giving it 39.9% market share and online spend leadership.

General Advertising grew 56.2% to $303 million, while Classifieds Advertising was up 45.1% to $299 million.

The finance industry continues to be the top spender in the General Advertising category with the Recruitment industry maintaining its number one position for Classifieds.

No information was supplied by the ABVS for the leading Search advertisers.

The strongest Search and Directories advertising growth occurred during the last three months of 2006, when sales increased 100% over the previous year. 

  • About the ABC and ABVS: The Audit Bureau of Circulations (ABC), founded by a tripartite group of Publishers, Advertisers and Advertising Agency, is a non-profit industry organisation created to ensure independent verification of paid circulation. The Audit Bureau of Verification Services, a division of the ABC, was launched to audit media apart from print.
 

Latest News