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	<title>NextWidgets Blog</title>
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	<link>http://nextwidgetsblog.com</link>
	<description>Simple distributed e-commerce</description>
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		<title>NextWidgets launches first shopping widgets in Switzerland</title>
		<link>http://nextwidgetsblog.com/2010/03/02/nextwidgets-launches-first-shopping-widgets-in-switzerland/</link>
		<comments>http://nextwidgetsblog.com/2010/03/02/nextwidgets-launches-first-shopping-widgets-in-switzerland/#comments</comments>
		<pubDate>Tue, 02 Mar 2010 10:12:52 +0000</pubDate>
		<dc:creator>alexsavic</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[e-commerce]]></category>
		<category><![CDATA[ehealth]]></category>
		<category><![CDATA[launch]]></category>
		<category><![CDATA[shop]]></category>

		<guid isPermaLink="false">http://nextwidgetsblog.com/?p=64</guid>
		<description><![CDATA[After a year of preparation with our Swiss pharmacy partner, the Stauffacher Apotheke, we are today launching NextWidgets e-commerce banners onto the Swiss market. The first website that will be using the technology will be a health related portal focusing on stress and the burnout syndrome. The website is Burnout-info.ch, a leading online resource for [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignright size-full wp-image-83" title="balloons" src="http://nextwidgetsblog.com/files/2010/03/balloons.jpg" alt="balloons" width="90" height="150" />After a year of preparation with our Swiss pharmacy partner, the <a title="Stauffacher Apotheke Homepage" href="http://www.stauffacher-apotheke.ch">Stauffacher Apotheke</a>, we are today launching NextWidgets e-commerce banners onto the Swiss market. The first website that will be using the technology will be a health related portal focusing on stress and the burnout syndrome. The website is <a title="Burnout-info homepage" href="http://www.burnout-info.ch/">Burnout-info.ch</a>, a leading online resource for stress and stress management within Switzerland, and we couldn&#8217;t be more pleased with the support we have gotten from the Burnout-info team in taking a risk on testing out this new technology. Performance based revenue models are still rather new in Switzerland, with most advertising working on purely CPM basis, however the team at Burnout-info were impressed with the idea and implementation of NextWidgets and have therefore decided to go ahead and try something new. This makes NextWidgets the <strong>first</strong> shopping widget technology to be used in Switzerland and Burnout-info.ch the first website in Switzerland to use shopping banners.</p>
<p>Many thanks to the Burnout-info team!</p>
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		<item>
		<title>The Long Tail of Video Consumption</title>
		<link>http://nextwidgetsblog.com/2010/02/24/the-long-tail-of-video-consumption/</link>
		<comments>http://nextwidgetsblog.com/2010/02/24/the-long-tail-of-video-consumption/#comments</comments>
		<pubDate>Wed, 24 Feb 2010 14:40:45 +0000</pubDate>
		<dc:creator>alexsavic</dc:creator>
				<category><![CDATA[Marketing]]></category>
		<category><![CDATA[5min.com]]></category>
		<category><![CDATA[long tail]]></category>
		<category><![CDATA[monetization]]></category>
		<category><![CDATA[online video]]></category>
		<category><![CDATA[video]]></category>

		<guid isPermaLink="false">http://nextwidgetsblog.com/?p=77</guid>
		<description><![CDATA[We recently came across an excellent interview on Beet.tv with Ran Harnevo, CEO of video distribution platform 5min.com, which explains in simple language why YouTube viral hit video&#8217;s are not actually that important for the professional online video market. In fact the bulk of traffic and monetization actually happens around evergreen content such as how-to [...]]]></description>
			<content:encoded><![CDATA[<p>We recently came across an excellent <a title="beet.tv interviews 5min.com CEO" href="http://www.beet.tv/2010/02/amazing-but-true-little-5min-is-a-top-ten-comscore-video-site.html">interview on Beet.tv</a> with Ran Harnevo, CEO of video distribution platform <a href="http://www.5min.com">5min.com</a>, which explains in simple language why YouTube viral hit video&#8217;s are not actually that important for the professional online video market. In fact the bulk of traffic and monetization actually happens around evergreen content such as how-to video&#8217;s, biographies, educational clips and the like, rather than on one-hit-wonder clips.<br />
<object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="480" height="390" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="src" value="http://blip.tv/play/goRrgcOrPwI%2Em4v" /><param name="allowfullscreen" value="true" /><embed type="application/x-shockwave-flash" width="480" height="390" src="http://blip.tv/play/goRrgcOrPwI%2Em4v" allowfullscreen="true"></embed></object></p>
<p>TechCrunch recently reported similar findings in its article &#8216;<a title="TechCrunch : Long Tail Video" href="http://techcrunch.com/2010/02/08/long-tail-video-half-viewing-minutes/">The Long Tail Of Video Sites Capture Half Of All Viewing Minutes</a>&#8216; which points out that according to comScore&#8217;s <a title="comScore report" href="http://www.comscore.com/Press_Events/Presentations_Whitepapers/2010/The_2009_U.S._Digital_Year_in_Review">2009 U.S. Digital Year in Review</a> report, 52% of traffic is consumed on Long Tail video sites beyond the top 25.</p>
<div id="attachment_79" class="wp-caption alignnone" style="width: 465px">
	<img class="size-full wp-image-79" title="comscorevideoreport" src="http://nextwidgetsblog.com/files/2010/02/comscorevideotrend.png" alt="long tail video trends" width="465" height="292" />
	<p class="wp-caption-text">long tail video trends</p>
</div>
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		<item>
		<title>What market problems do transactional banners solve ?</title>
		<link>http://nextwidgetsblog.com/2010/02/23/what-market-problems-do-transactional-banners-solve/</link>
		<comments>http://nextwidgetsblog.com/2010/02/23/what-market-problems-do-transactional-banners-solve/#comments</comments>
		<pubDate>Tue, 23 Feb 2010 10:49:26 +0000</pubDate>
		<dc:creator>alexsavic</dc:creator>
				<category><![CDATA[Marketing]]></category>
		<category><![CDATA[advertising]]></category>
		<category><![CDATA[CPA]]></category>
		<category><![CDATA[CPC]]></category>
		<category><![CDATA[CPM]]></category>
		<category><![CDATA[e-commerce]]></category>
		<category><![CDATA[eCPM]]></category>

		<guid isPermaLink="false">http://nextwidgetsblog.com/?p=73</guid>
		<description><![CDATA[Pitching your product helps a lot in formalizing what it is that you actually do   Here are some thoughts on what problems NextWidgets is trying to solve :
1)       Google AdSense and similar services are the main source of revenue for a majority of content websites, yet the advertisers that appear inside these ad [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignright size-full wp-image-74" title="Strategy Chart" src="http://nextwidgetsblog.com/files/2010/02/marketing_strategy.jpg" alt="Strategy Chart" width="263" height="175" />Pitching your product helps a lot in formalizing what it is that you actually do <img src='http://nextwidgetsblog.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' />  Here are some thoughts on what problems <a title="NextWidgets homepage" href="http://www.nextwidgets.com">NextWidgets</a> is trying to solve :</p>
<p>1)       Google AdSense and similar services are the main source of revenue for a majority of content websites, yet the advertisers that appear inside these ad units are, to a large extent, of junk quality – spam, phishing and other types of bad actors easily find their way into these ad units. Using CPM arbitrage, these bad actors can promote themselves onto high-quality content sites that would otherwise never allow such advertisers onto their properties.</p>
<p>2)       An over-capacity in publishers ad inventory is chasing too few quality advertisers, driving down CPM/CPC rates. At the same time advertisers hate CPM/CPC models because they are not linked to performance and are subject to click fraud respectively.</p>
<p>3)       Publishers as well as advertisers are facing an ever more fractured landscape. A publisher&#8217;s audience is no longer just on their website, but is also visiting their fan page on Facebook or using the publisher&#8217;s iPhone app. The same goes for advertisers. How then do publishers/advertisers monetize traffic in such a distributed environment ?</p>
<p>NextWidgets solves all three of the above issues. Firstly there are no junk advertisers inside NextWidgets. Every brand or merchant partner is qualified and the ultimate control over which brand/merchant will appear on a publisher&#8217;s page rests with the publisher. Secondly, the issue of over-capacity is solved because publishers can always use NextWidgets to generate sales and the advertisers can always be sure that they are only paying for actual performance. And finally, NextWidgets solves the issue of fragmented distribution because it work across all the major emerging platforms such as Facebook and iPhone.</p>
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		<item>
		<title>NextWidgets at Health 2.0 conference in Paris</title>
		<link>http://nextwidgetsblog.com/2010/02/22/nextwidgets-at-health-2-0-conference-in-paris/</link>
		<comments>http://nextwidgetsblog.com/2010/02/22/nextwidgets-at-health-2-0-conference-in-paris/#comments</comments>
		<pubDate>Mon, 22 Feb 2010 13:34:40 +0000</pubDate>
		<dc:creator>alexsavic</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[android]]></category>
		<category><![CDATA[ehealth]]></category>
		<category><![CDATA[iphone]]></category>
		<category><![CDATA[Mobile]]></category>
		<category><![CDATA[publishers]]></category>

		<guid isPermaLink="false">http://nextwidgetsblog.com/?p=67</guid>
		<description><![CDATA[We have just been confirmed to present NextWidgets shopping widgets at the first Health 2.0 conference in Europe, which will take place on the 6th and 7th of April in Paris. Health 2.0 is an amazing group of forward thinking experts in healthcare and we can hardly express how grateful we are for their continued [...]]]></description>
			<content:encoded><![CDATA[<p>We have just been confirmed to present <a title="NextWidgets homepage" href="http://www.nextwidgets.com">NextWidgets shopping widgets</a> at the first <a title="Health 2.0 Conference" href="http://www.health2con.com">Health 2.0 conference in Europe</a>, which will take place on the 6th and 7th of April in Paris. Health 2.0 is an amazing group of forward thinking experts in healthcare and we can hardly express how grateful we are for their continued support over the years as we have worked to get our idea to market. This year we will be presenting on the &#8216;Health 2.0 Tools&#8217; panel which will take place on the morning of the 7th and will also feature such amazing companies like <a href="http://blog.alensa.com/blog/2009/01/23/3g-doctor-pioneering-mobile-telemedicine-in-the-uk/">3G Doctor</a>, <a title="American Well homepage" href="http://www.americanwell.com/">American Well</a>, Google and Microsoft.</p>
<p><img class="alignnone size-full wp-image-69" title="Health20" src="http://nextwidgetsblog.com/files/2010/02/Health20.jpg" alt="Health20" width="498" height="480" /></p>
<p>Our fond history with Health 2.0 started in late summer of 2008, just as we were making the first plans for what would later become NextWidgets. Through a stroke of luck, James Mathews, who was at that time working at Sage and organizing a panel at the Health 2.0 conference in San Francisco, became aware of our online pharmacy platform project in Romania and contacted us to find out more. During the course of our first call, James became convinced that our idea of trying to intertwine e-commerce, content publishing and social networking into one platform and to use e-commerce as a revenue generator for the other two, was interesting enough that it would be worth showcasing during his &#8216;<a title="Health 2.0 Around the World" href="http://blog.alensa.com/blog/2008/10/28/alensa-at-health-20-san-francisco-2008/">Health 2.0 Around the World</a>&#8216; panel. That was one of the driving forces that pushed us to work day and night for the next months to turn our widget idea into an alpha-demo reality that could be shown on stage. Almost up to the last minute, our entire team was feverishly working on the alpha version and just managed to get it ready on time for the presentation.</p>
<p>The conference itself was amazing and seeing all the demo&#8217;s and so many hundreds of people all motivated by eHealth increased our own motivation. For the next year we set about to take all the lessons we had learned and start from scratch in developing a completely new platform using the latest .NET technologies. By the summer of 2009 we had launched our first HTML based widgets on a couple of test sites. The results were positive and showed us that a shopping widgets could generate sales on a publishers page. Around the same time, Health 2.0 was coming around again and so we applied to present the finished HTML widgets. The organizers felt that we had made sufficient progress to make it interesting for the audience and so once again we found ourselves in San Francisco.</p>
<p>Following the conference, we accelerated the pace of development on a Flash version of the widget which allowed us to design it in IAB standard sizes. This was quickly followed by a Facebook and iPhone version as well. It is these latest developments which we will be showcasing at Health 2.0 in Paris.</p>
<p>If you would like to see our widgets in action, please visit the Health 2.0 website and order your ticket today.</p>
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		<title>NextWidgets website update</title>
		<link>http://nextwidgetsblog.com/2010/02/19/nextwidgets-website-update/</link>
		<comments>http://nextwidgetsblog.com/2010/02/19/nextwidgets-website-update/#comments</comments>
		<pubDate>Thu, 18 Feb 2010 23:25:57 +0000</pubDate>
		<dc:creator>alexsavic</dc:creator>
				<category><![CDATA[Marketing]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[redesign]]></category>
		<category><![CDATA[simplicity]]></category>
		<category><![CDATA[site update]]></category>

		<guid isPermaLink="false">http://nextwidgetsblog.com/?p=59</guid>
		<description><![CDATA[We&#8217;ve just updated our homepage to better reflect some of the progress we&#8217;ve been making here at NextWidgets over the last few months. The design uses a simpler and cleaner finish that more effectively communicates our value proposition. The new homepage features a video presentation (to be updated shortly) as well as a test version [...]]]></description>
			<content:encoded><![CDATA[<p>We&#8217;ve just updated our homepage to better reflect some of the progress we&#8217;ve been making here at NextWidgets over the last few months. The design uses a simpler and cleaner finish that more effectively communicates our value proposition. The new homepage features a video presentation (to be updated shortly) as well as a test version of the flash widget.</p>
<p>The publisher section now has an even faster self-service widget creation process which allows for customization of both HTML and Flash widgets.</p>
<p>Hope you enjoy the new website and please leave us your comments.</p>
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		<item>
		<title>Culture the ultimate competitive advantage</title>
		<link>http://nextwidgetsblog.com/2009/12/15/culture-the-ultimate-competitive-advantage/</link>
		<comments>http://nextwidgetsblog.com/2009/12/15/culture-the-ultimate-competitive-advantage/#comments</comments>
		<pubDate>Tue, 15 Dec 2009 15:24:17 +0000</pubDate>
		<dc:creator>alexsavic</dc:creator>
				<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[corporate culture]]></category>
		<category><![CDATA[customer satisfaction]]></category>
		<category><![CDATA[customer service]]></category>
		<category><![CDATA[zappos]]></category>

		<guid isPermaLink="false">http://nextwidgetsblog.com/?p=50</guid>
		<description><![CDATA[Ideas and technology can quite easily be copied, but the one thing that can allow a company to build out a sustainable competitive advantage is corporate culture. Zappos is clearly one of the leaders on the web when it comes to creating a customer centric culture and these three videos below give a good idea [...]]]></description>
			<content:encoded><![CDATA[<p>Ideas and technology can quite easily be copied, but the one thing that can allow a company to build out a sustainable competitive advantage is corporate culture. <a href="http://www.zappos.com">Zappos</a> is clearly one of the leaders on the web when it comes to creating a customer centric culture and these three videos below give a good idea of how that works.<br />
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<object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="480" height="300" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="src" value="http://blip.tv/play/Afy6cwI" /><param name="allowfullscreen" value="true" /><embed type="application/x-shockwave-flash" width="480" height="300" src="http://blip.tv/play/Afy6cwI" allowfullscreen="true"></embed></object><br />
<object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="425" height="344" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowFullScreen" value="true" /><param name="allowScriptAccess" value="always" /><param name="src" value="http://www.youtube.com/v/gdt9Lm5E5Hw&amp;color1=0xb1b1b1&amp;color2=0xcfcfcf&amp;hl=en_US&amp;feature=player_embedded&amp;fs=1" /><param name="allowfullscreen" value="true" /><embed type="application/x-shockwave-flash" width="425" height="344" src="http://www.youtube.com/v/gdt9Lm5E5Hw&amp;color1=0xb1b1b1&amp;color2=0xcfcfcf&amp;hl=en_US&amp;feature=player_embedded&amp;fs=1" allowscriptaccess="always" allowfullscreen="true"></embed></object></p>
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		<title>Awesome Apple tablet interface concept</title>
		<link>http://nextwidgetsblog.com/2009/12/14/awesome-apple-tablet-interface-concept/</link>
		<comments>http://nextwidgetsblog.com/2009/12/14/awesome-apple-tablet-interface-concept/#comments</comments>
		<pubDate>Mon, 14 Dec 2009 07:29:43 +0000</pubDate>
		<dc:creator>alexsavic</dc:creator>
				<category><![CDATA[Mobile]]></category>
		<category><![CDATA[apple tablet]]></category>
		<category><![CDATA[e-commerce]]></category>

		<guid isPermaLink="false">http://nextwidgetsblog.com/?p=47</guid>
		<description><![CDATA[Here is a great concept demo for the Apple tablet which seems to show an advanced e-commerce application in action. Looks awesome.

]]></description>
			<content:encoded><![CDATA[<p>Here is a great concept demo for the Apple tablet which seems to show an advanced e-commerce application in action. Looks awesome.<br />
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		<title>Competition heats up between Amazon and PayPal for mobile payments</title>
		<link>http://nextwidgetsblog.com/2009/11/11/competition-heats-up-between-amazon-and-paypal-for-mobile-payments/</link>
		<comments>http://nextwidgetsblog.com/2009/11/11/competition-heats-up-between-amazon-and-paypal-for-mobile-payments/#comments</comments>
		<pubDate>Wed, 11 Nov 2009 20:19:32 +0000</pubDate>
		<dc:creator>alexsavic</dc:creator>
				<category><![CDATA[Mobile]]></category>
		<category><![CDATA[amazon]]></category>
		<category><![CDATA[mobile payments]]></category>
		<category><![CDATA[paypal]]></category>
		<category><![CDATA[zong]]></category>

		<guid isPermaLink="false">http://nextwidgetsblog.com/?p=43</guid>
		<description><![CDATA[Payment processing integration is one of the most important aspects of e-commerce application development because a smooth checkout process can make all the difference in decreasing the number of &#8216;abandoned carts&#8217;. Luckily things have steadily been improving as companies like PayPal and Amazon have injected innovation into the market with products like PayFlow Pro and [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignright size-full wp-image-44" title="mobile" src="http://nextwidgetsblog.com/files/2009/11/mobile.png" alt="mobile" width="310" height="310" />Payment processing integration is one of the most important aspects of e-commerce application development because a smooth checkout process can make all the difference in decreasing the number of &#8216;abandoned carts&#8217;. Luckily things have steadily been improving as companies like PayPal and Amazon have injected innovation into the market with products like <a href="https://www.paypal.com/cgi-bin/webscr?cmd=_payflow-pro-overview-outside">PayFlow Pro</a> and <a href="http://aws.amazon.com/fps/">Flexible Payments</a> respectively.</p>
<p>Over the past weeks the battle for becoming the premium payments processing provider entered the next round with Amazon announcing the launch of <a href="http://vator.tv/news/show/2009-10-05-amazon-launches-mobile-payments-service">Mobile Payments Service</a> and PayPal launching <a href="https://www.x.com/index.jspa">PayPal X</a>. The importance of both of these products is significant for everyone, the developer community, consumers and ultimately the two companies themselves. This <a href="http://thenextweb.com/2009/11/06/paypal-conference-2-million-dollar-launch-party/">fun report</a> by <a href="http://www.thenextweb.com">The Next Web</a> shows just how committed PayPal seems to be to the project.</p>
<p>Although these services will surely be successful and we&#8217;ll explore how we can best integrate both into NextWidgets, the ultimate winners in mobile payments may be the mobile carriers themselves. There is nothing easier and cheaper than being able to have a purchase charged straight to your mobile monthly bill. Carriers such as <a href="http://www.vodafone.com/start/media_relations/news/local_press_releases/germany/germany_press_release/o2_and_vodafone_launch.html">Vodafone</a> and <a href="http://en.swisscom.ch">Swisscom</a> are already experimenting in this direction.</p>
<p>Amongst these giants, there are also smaller companies offering innovative services. <a href="http://www.zong.com/zong/">Zong</a> has been pioneering the possibilities of making payments through the mobile phone for years, having created the first self-service solution for bloggers to charge for web content through mobile phones.</p>
<p>From a developers perspective, it becomes rather tricky to decide which services are best implemented in which markets and allocating resources accordingly, but overall the pace of change is a very positive thing for consumers who will enjoy the benefits of streamlined shopping through numerous mobile payment options.</p>
<div class="tweetmeme_button" style="float: left; margin-left: 10px;"><a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fnextwidgetsblog.com%2F2009%2F11%2F11%2Fcompetition-heats-up-between-amazon-and-paypal-for-mobile-payments%2F"><img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fnextwidgetsblog.com%2F2009%2F11%2F11%2Fcompetition-heats-up-between-amazon-and-paypal-for-mobile-payments%2F" height="61" width="51" /></a></div>]]></content:encoded>
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		<title>Practical info on building a software company</title>
		<link>http://nextwidgetsblog.com/2009/11/11/practical-info-on-building-a-software-company/</link>
		<comments>http://nextwidgetsblog.com/2009/11/11/practical-info-on-building-a-software-company/#comments</comments>
		<pubDate>Wed, 11 Nov 2009 14:43:59 +0000</pubDate>
		<dc:creator>alexsavic</dc:creator>
				<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[Venture Capital]]></category>
		<category><![CDATA[finance]]></category>
		<category><![CDATA[mint]]></category>
		<category><![CDATA[startup]]></category>
		<category><![CDATA[vator]]></category>

		<guid isPermaLink="false">http://nextwidgetsblog.com/?p=40</guid>
		<description><![CDATA[Here is a video by Vator.tv featuring Aaron Patzer talking about how he built Mint.com into a multi-million dollar business which he recently sold to Intuit for $ 170 million. Not only is his talk very insightful, but pretty funny too  

]]></description>
			<content:encoded><![CDATA[<p>Here is a video by <a href="http://vator.tv/news/show/2009-10-07-aaron-patzer-lays-bare-mints-numbers">Vator.tv</a> featuring Aaron Patzer talking about how he built Mint.com into a multi-million dollar business which he recently sold to Intuit for $ 170 million. Not only is his talk very insightful, but pretty funny too <img src='http://nextwidgetsblog.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
<div style="width: 320px;"><object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="320" height="265" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="bgcolor" value="#ffffff" /><param name="flashvars" value="v=7238_JUICEPITCHER_PATZER_KEYNOTE.flv&amp;b=2&amp;i=7238&amp;o=embed&amp;vp=1&amp;l=http://vator.tv/news/show/2009-10-07-aaron-patzer-lays-bare-mints-numbers" /><param name="src" value="http://vator.tv/embed/vpembed.swf" /><param name="allowfullscreen" value="true" /><embed type="application/x-shockwave-flash" width="320" height="265" src="http://vator.tv/embed/vpembed.swf" allowfullscreen="true" flashvars="v=7238_JUICEPITCHER_PATZER_KEYNOTE.flv&amp;b=2&amp;i=7238&amp;o=embed&amp;vp=1&amp;l=http://vator.tv/news/show/2009-10-07-aaron-patzer-lays-bare-mints-numbers" bgcolor="#ffffff"></embed></object></div>
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		<item>
		<title>More gloom for advertising industry</title>
		<link>http://nextwidgetsblog.com/2009/11/11/more-gloom-for-advertising-industry/</link>
		<comments>http://nextwidgetsblog.com/2009/11/11/more-gloom-for-advertising-industry/#comments</comments>
		<pubDate>Wed, 11 Nov 2009 13:53:31 +0000</pubDate>
		<dc:creator>alexsavic</dc:creator>
				<category><![CDATA[Marketing]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[advertising slowdown]]></category>
		<category><![CDATA[banner ads]]></category>
		<category><![CDATA[performance marketing]]></category>

		<guid isPermaLink="false">http://nextwidgetsblog.com/?p=36</guid>
		<description><![CDATA[Vator.tv recently reported on online advertising spend figures released by the Interactive Advertising Bureau (IAB) for the second half of 2009, and they&#8217;re not pretty. Overall, advertising spending in the United States totalled $10.9 billion, a 5.3% drop compared to the first half of last year.
The positive news for online business was that online advertising [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignright size-medium wp-image-37" title="Down-graph" src="http://nextwidgetsblog.com/files/2009/11/Down-graph-257x300.jpg" alt="Down-graph" width="257" height="300" />Vator.tv recently <a href="http://vator.tv/news/show/2009-10-05-us-web-ads-decline-5-in-first-half">reported</a> on online advertising spend figures released by the Interactive Advertising Bureau (IAB) for the second half of 2009, and they&#8217;re not pretty. Overall, advertising spending in the United States totalled $10.9 billion, a 5.3% drop compared to the first half of last year.</p>
<p>The positive news for online business was that online advertising was less affected than traditional media which witnessed a 15.4% drop in the last two quarters.</p>
<p>MediaPost <a href="http://www.mediapost.com/publications/?fa=Articles.showArticle&amp;art_aid=111119">reported</a> similar, although even worse figures provided by IDC, showing a 5% decline globally and a 7% decline in the US, with online display ads being hit very hard with a 12% decline in spending.</p>
<p>Of course this is rather positive news for us here at NextWidgets because it means even more brands and retailers will or already are switching from traditional web 1.0 advertising, to performance based systems like ours.</p>
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