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Local Internet Advertising on the Rise

June 27th, 2008 | By: Jonathan Nafarrete | Posted In: News

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Local Internet Advertising On the Rise

Harrisburg, Pa.—Businesses are increasingly turning to local Internet advertising, according to a report released Friday by advertising research company Borrell Associates.

Local advertisers will spend $13.1 billion this year, an increase of 50% from 2007, according to the report.

The report also predicts that local online ad spending will grow another 40% to $18.2 billion in 2009.

Borrell said that the growth of local online advertising likely stems from the lower costs and higher accountability of online advertising. 

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