The Society of Digital Agencies serves as a worldwide voice of digital marketing professionals with a mission to advance the industry through best practices, education, and advocacy. This is the SoDA 2010 Digital Marketing Outlook. By Richard Lent

Two Thousand and Ten Digital Marketing Outlook

 

 Executive Summary

As the somber undertones of 2009 fade away, we move excitedly forward towards a year of promise, opportunity and rapid change. If the fiscal stars align, we’ll leave behind the worst economic downturn since the Great Depression and move into a new decade filled with anticipation of a stronger global job market that will inevitably be fueled by new and innovative business models. Digital will surely be at the core of this evolution. 

In 2009, we saw thousands of marketing and advertising professionals lose their jobs, reputable agencies close their doors, and budgets slashed across the board. Yet among the worst headlines of 2009, Digital has continued to revolutionize and prosper. Facebook and other social networks connect hundreds of millions of users daily, over two billion apps have been downloaded from the Apple App Store in its inaugural year, and global mobile usage has reached an astonishing 4.5 billion handsets and counting. What you’ll find in the pages that follow is the output from the 2010 Digital Marketing Outlook survey which polled in excess of a thousand executives from major global brands, traditional and Digital agencies, vendor and service providers that operate in the Digital space, as well as freelance and independent Digital practitioners. The research has confirmed our outlook: many believe the future of Digital Marketing is exceptionally bright. Some notable indicators from the survey that substantiate this bullish POV: 81% of Brand Execs expect an increase in digital projects for 2010 50% will be shifting funds from traditional to digital media 78% of global participants believe the current economy will actually spawn more funds allocated to Digital Additionally contained within, you’ll find some keen insight from SoDA members around the globe on their thoughts and predictions about the future of the Digital Marketing landscape over the forward 12 months.  Some incredibly powerful sentiments really resonated with me: Storytelling has evolved: “Online storytelling will bring us huddled around our monitors like our great-grandparents huddled around the fireplace, like our parents huddled around the radio, like we once huddled around the television- and we’ll tell stories like they’ve never been told before.” – Jason Bangerter, Struck/Axiom “Just as much as the conduit for brand storytelling has evolved, the modern consumer of 2010 plays a huge role in your marketing plans. Consumers have beyond proven themselves as content creators and distributors – they are the medium. Consumers are "living, breathing, passionate people who are redirecting traffic and content in real-time, based on personal interests, relationships, and the culture of the moment." – Peter Caban, Mekanism You can download the report here SoDA 2010 DMO Read more

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