Social Media Encourages Internet Marketers to Plough Money into Online Advertising
The growing popularity of social media sites is causing a storm in the
internet advertising industry, with advertisers investing billions to target key audiences. According to the Internet Advertising Bureau (IAB) report on advertising spend- there has been a 4.2 per cent increase in advertising expenditure between 2008 and 2009.
Social media sites such as Facebook and Twitter could be partly responsible as statistics show that 20 per cent of total time spent online is spent visiting Facebook. These sites are an advertiser’s dream, making online advertising more engaging and entertaining.
The report also showed that online advertising spend has grown by an incredible 2,200 per cent over the last decade which has been put down to an increase in advertiser confidence, faster broadband and more internet users.



