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Not sure which is more surprising...

According to MarketingVOX, online media accounts for 12% of media consumption. That's a stunning rise: one out of eight, up from zero in just ten or so years.

At the same time, though, they report that online media accounts for just 2% of ad spending.

This could be because online media doesn't work (but it does)
or that it's hard to buy advertising in it (but it isn't)
or that it's radically underpriced and a bargain (which may be true).

The real reason is pretty obvious: organizations hate to change. (so do people, but that's a different story).

Whenever you are faced with a situation where your competition is afraid to change but you can see the reality of the situation, you have a huge opportunity. This is the biggest growth and market share opportunity in at least a decade.

Short version: corporations, politicians, non-profits and even individuals who overinvest in online will see the same spectacular bounce that companies saw from TV in the fifties and sixties.

Winston tastes good...

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Listed below are links to weblogs that reference Not sure which is more surprising...:

» Changing the way we talk from TrueTalk
Seth Godin writes about the resistance to change that makes real conversations difficult to imagine. Seth's Blog: Not sure which is more surprising... If we believe that people and organizations can't change, we'll be correct, and if we believe they [Read More]

» Media explodes from unmediated
Seth Godin has words of great wisdom for media and advertising machers (and it's not even a manifesto):According to MarketingVOX, online media accounts for 12% of media consumption. That's a stunning rise: one out of eight, up from zero in just ten or ... [Read More]

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