When broken down by media type, over half of small business advertisers plan to spend the same or more on the following: Online advertising (69%), Yellow Pages (54%), newspapers (51%), and direct mail (51%).
"Small business owners rely on advertising sales reps for guidance and are clearly looking for consultative partners in the advertising process," said C. Lee Smith, president and CEO of Ad-ology Research. "They are more likely to purchase advertising from those that understand their business," Smith said.
Other key findings from the survey:
- "Knows my company/line of business" is the top attribute small business owners look for in a media advertising sales rep. "Delivers what they promise" is the second most desirable attribute.
- 52% of small business owners surveyed agree with the statement "you can gain market share by marketing while your competitors are cutting back."
- 74% believe their company "must be one of the first 2-3 that come to a customer’s mind" when they need what the small business owner is selling.
- More than half of respondents plan to spend the same or more time and money on their Web sites and email marketing in 2009.
- The majority of small businesses are not using other emerging media: 77% do not use online video, 83% do not podcast, and 82% do not use mobile advertising.