News Markets Media

USA | Europe | Asia | World| Stocks | Commodities

Home News USA U.S. Small Businesses Are Projected to Spend $36B on Marketing Activities in 2012


U.S. Small Businesses Are Projected to Spend $36B on Marketing Activities in 2012
added: 2011-05-30

Total marketing spending by U.S. small businesses (SBs, or companies with fewer than 100 employees) will expand in 2012, as an increased number of firms invests in advertising and promotional activities. According to New York-based Access Markets International (AMI) Partners, Inc., overall spending is expected to grow 4% rebounding from 2010 recessionary lows.

These findings from AMI’s 2010 - 2011 U.S. Small Business Marketing Activity and Spending Study reveal that apart from social media marketing, which is estimated to grow a considerable 35%, most marketing categories are still slowly rebounding from the economic downturn.

“In 2010, we saw a significant drop in the number of small businesses actively investing in any marketing activities,” says Jacqueline Atkinson, Research Manager at AMI New York. “Boosted confidence in the economy is leading many firms to return to advertising and promotional tactics and experiment with new channels, such as online digital media,” Atkinson continued.

The study, which provides an in-depth analysis of U.S. SB present and future marketing trends, also uncovers that while print media accounts for the bulk of small business marketing spending, the market is rapidly shifting dollars to online and social media. In fact, U.S. SB Internet-based marketing was the channel least impacted by the economic recession.

“Much of small business online marketing behavior is reflective of what they are accustomed to doing offline,” notes Ms. Atkinson. “For instance, instead of printed directories, many U.S. SBs are now buying listings in online directories—while the source is new, the strategy is the same. Internet advertisers, who offer a departure from traditional models, will have to do a lot of hand holding to capture a greater proportion of U.S. SB online spending,” stated Atkinson.


Source: Business Wire

Privacy policy . Copyright . Contact .