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Study reports Online promotion efforts are effective
Entertainment companies that devote just 1% of their Web budgets to fund online word-of-mouth campaigns can boost a film’s box office by $15 million and double the sales of a book, according to a new study from Internet analyst firm Forrester Research, The numbers, from the report entitled “Bigger Hits With Net Marketing,” are some of the first to quantify the benefits of online advertising and they come at a time when one third of entertainment companies have decided that Internet marketing isn’t important. “Marketers understand that the Internet and word of mouth can help generate buzz, but they don’t… Read more »