Search deals may bring profitability to Twitter.
Up until recently, Twitter had achieved massive popularity without figuring out how to turn a profit. However, inside sources claim that recent deals to make Twitter content searchable on Google and Bing could earn the company $25 million, which should edge the company into profitable territory. Financial details are somewhat sketchy, as Twitter is not a public company.
Online ad spending looks poised to recover from rare slip in 2009.
According to eMarketer, online ad spending is on the verge of its first decline since 2002. Total online ad spending is projected to finish 2009 at $22.4 billion, down from $23.4 billion in 2008. However, eMarketer projects online ad spending to not only turn positive in 2010, but to surpass the 2008 total by rising to $23.6 billion.
Mobile Web volume increases in terms of both users and usage.
eMarketer estimates that 29.2% of mobile phone users log onto the Internet via their phones at least once a month, up from 22.3% in 2008. In addition, the average number of monthly mobile Internet sessions doubled from 10 in October of 2008 to 20 in October of 2009.
Online spending shows double digit year-over-year growth in November.
SpendingPulse, an information service of MasterCard, reports that retail e-commerce was up 12.3% in November of 2009, as compared with November of 2008. Some analysts consider the broader November comparison more significant than those focusing just on Black Friday or Cyber Monday, since many sales and promotions started earlier this year.
New York Times
Small businesses diversify search advertising as they increase spending.
A report by WebVisible indicates that Google has lost 5% of its market share in small business search advertising over the past year, but still enjoyed a huge lead in the category with 60.4% of the market. Yahoo! trailed at 26.2%, followed by newcomer Bing at 10.5%. Perhaps the biggest--and best--news of all was that small businesses increased search ad spending by 91% over the prior year.
Online retailers ready to invest in recovery.
A recent survey showed that 70% of online retailers plan to spend more on advanced e-commerce applications and services in the year ahead. This includes adding or upgrading such capabilities as content management, customer reviews and ratings, personalization, site search, live chat/click to call, order management, Web analytics, rich media, and customer relationship management.
eBay takes a different turn with online fashion magazine.
eBay has traditionally been a fairly bare-bones conduit for buyers and sellers, but now they are trying to add more value to the shopping experience by launching an online magazine highlighting some of the more fashionable items available for sale on the site. This venture is intended to shore up eBay's slowing sales figures.
The New York Times