Baltimore, MD (December 30, 2008) -- Despite the financial crises that continue to threaten economic collapse 5.9 billion dollars was earned in online advertising revenue between the months of July through September, closing the 3rd quarter. This is according to a report published by the Interactive Advertising Bureau (IAB), a standards organization made up of 375 leading media and technology companies. These companies are responsible for 86% of online advertising in the United States.
According to the report, this figure increased 11% when compared to Q3 of 2007. In addition, the earnings were 17.3 billion dollars for the first 3 quarters of 2008 vs. 15.2 billion for the first 3 quarters of 2007, a 13% increase overall (source: IAB - Interactive Advertising Report).
In my opinion, it would be safe to approximate that nearly 20 billion dollars will be earned in online advertising revenue by the close of the year.
Why is this significant? This is significant because, 1) it represents the expanding growth of the online community as a whole, and 2) it also represents increased opportunity and earning potential for small and medium sized websites, since much of their revenue is earned from online advertising.
For this reason Wirespeed Wealth has decided to enter the online advertising market. Our first major project, Adrallies Visual Classifieds, was launched for beta testing on December 19th. It is the first node in what will become a larger advertising network called Adrallies Ad Network, currently under development.
Our goal at Wirespeed Wealth, and now Adrallies Visual Classifieds, is and will always be to provide quality services for the online community and provide everyone that participates in our online communities and projects the opportunity to earn revenue and build wealth, which will help secure our financial futures. And the online advertising market is an excellent place to start.
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