Transit Authority Feeling the Pain From a Crippled Advertising Market

The News Review:

- Transit Authority Feeling the Pain From a Crippled Advertising Market
- Ad Revenue on the Web? No Sure Bet
- ‘Need a job’ wristband is an advertising bargain
- Global nline Advertising Industry Study Released
- Study: Advertising Impact in a Soft Economy

Transit Authority Feeling the Pain From a Crippled Advertising Market
New York Times
But now another recipient of ad dollars is being hurt by the market slump at a time it can little afford it: mass transit. In recent months a company that sells many of the ads that appear on buses and trains and in stations in New York Boston Minneapolis and other cities has come up short in its payments to transit agencies citing a sharp drop in ad rates and sales. New York is among the hardest hit. The company Titan Worldwide fell short a total of $7.

Ad Revenue on the Web? No Sure Bet
New York Times
And venture capitalists who envision a sale of the company in the public markets are encouraging these efforts. Roger Lee a partner at Battery Ventures who invests in digital media start-ups said he considers only companies with one or two revenue streams in addition to advertising. “Current troubles in the advertising economy are forcing people out of necessity to ask really hard questions about how do I build a profitable business” he said. The latest example they can point to is penTable a restaurant reservation site that makes money selling its software to restaurants and charging them $1 for each diner seated. Last week it became the first venture-backed Web company to go public in two years. It was a very successful offering. The stock was offered at $20 on Thursday 43 percent higher than investment bankers’ original price estimates.

‘Need a job’ wristband is an advertising bargain
The News Journal
who was a national account sales representative for a maker of photographic equipment before his January layoff calls his bracelet “a good icebreaker. “”I’ve had some people ask me about it” Vick says. “It hasn’t led to a job yet but it’s good to have the advertising out there. “In Cass County near the Michigan-Indiana border Diane King bought 40 of the bracelets to pass around including to her son daughter and a son-in-law who are all laid off from jobs related to the RV manufacturing industry in Elkhart. “It gets conversations started” says King 56. And it got her son a job interview. Her son Jeremy King was at a restaurant when another diner inquired about the bracelet and told him he knew of a manufacturer who was starting to hire again.

Global nline Advertising Industry Study Released
TAXI Design Network
The growth of this industry is being driven by increasing Internet users rising awareness and growing broadband subscription rate and ecommerce which is playing a key role in this industry. In coming years online ad spending is expected to overtake the TV advertising market. The industry is divided into various segments but mainly three segments (search display and classifieds) represent the whole industry. Rich media is a new segment recently entered in the online ad industry caters to a small portion of the market whereas search display and classifieds serves almost 80% of the online ad industry.

Study: Advertising Impact in a Soft Economy
Contacto Magazine
adults believe that a lack of advertising by a retail store bank or auto dealership during a recession indicates the business must be struggling. Conversly a vast majority perceives businesses that continue to advertise as being competitive or committed to doing business.
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