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Category: Online Advertising

The iTunes Advertising Enigma

There’s no question in my mind that Apple has done more to advance the medium of podcasting than any other company. For that, I will always be grateful.

Nevertheless, I am still shaking my head in bewilderment about one thing I recently learned related to Apple and podcasts: nobody can buy advertising to promote their podcast on iTunes.

Sure, when you go to the iTunes podcast directory there are all sorts of banners and buttons promoting the virtues of various podcasts. I, like many people, had assumed that the producers of those podcasters had paid to have their podcasts promoted in this way. After all, this type of advertising model exists on a number of other podcast directories, and it’s something many of us are familiar and comfortable with.

But get this: I assumed wrong. (Yeah, yeah, I know the old saying about making assumptions…)

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Canadian Online Advertising Tops 1 Billion

drevil_million_dollars.jpg

A recent link on the One Degree Backchannel from user _dkszeto_ tipped me off to this link from the International Advertising Bureau (IAB) of Canada, noting that the 2006 Canadian ad revenues from online were over 1 billion dollars (hence the Dr. Evil photo).

This amazing number illustrates how fast we are moving into the interactive space, and projects where revenues will be in the upcoming year. In every category broken down by the IAB, revenues in Canada grew more than 75%, with classifieds/directories growing at 120% – great news for those working in the online marketing and advertising space.

Those skeptical of online advertising will be quick to recoil after seeing these numbers, and begin venturing into the online interactive ad-space.

What are your thoughts on this data?

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