The Interactive Advertising Bureau of Canada (IAB) has announced that 2006 Canadian Online Advertising Revenues surged to an unprecedented $1.01 billion dollars for the year.
The 2006 actuals represent a 26% increase over the $801 million originally estimated by the IAB for 2006; and an 80% increase over the 2005 actuals of $562 million. Of the $1.01 billion, approximately $208 million or 21 percent of ad dollars were allocated to the French Canadian Online market, representing growth of 68% over the 2005 actuals of $124 million.
2006 Canadian Online Ad Revenue by Advertising Vehicle, was as follows:
- Display advertising (including banner CPM and direct response
advertising, plus contests, sponsorship and microsites) - 36%
- Search advertising - 35%
- Classifieds/Directories - 27%
- Email - 2 %
2006 Canadian Online Ad Revenue by Advertiser Category was also tabulated, and was as follows:
- Automotive - 16%
- Consumer Packaged Goods - 14%
- Entertainment (Music, Film, TV) - 9%
- Financial - 16%
- Leisure (Travel, Hotel, Hospitality) - 14%
- Retail - 16%
- Other - 15%
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