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US Online Adspend Falls 17% In First Three Quarters

US Online Adspend Falls 17% In First Three Quarters

Online adspend in the US fell by 17.1% year on year during the first three quarters of 2001, according to the latest figures from CMRi, the internet division of CMR.

“As many look to the holiday season to alleviate the slowdown in online activity, we may see a bright spot in spending post-holiday, especially as more and more traditional companies move their ad campaigns to the internet,” said David Peeler, president and CEO of CMR.
TOP ONLINE REVENUE BY WEB SITE, Q1-Q3 2001 
   
YAHOO $284,363,625
AOL.COM $252,630,839
EXCITE $118,195,570
LYCOS $86,341,416
NETSCAPE $79,103,793
ALTAVISTA $66,606,230
WEBCRAWLER $51,006,160
ESPN.COM $34,755,251
MSN $27,284,477
WEATHER.COM $26,245,144
   
Source: CMRiÂÂ’s AdNetTrackUS, 13/12/01 
TOP ONLINE AD SPENDING BY COMPANY, Q1-Q3 2001 
   
EBAY INC $35,731,219
GENERAL MOTORS CORP $35,520,684
PROVIDIAN CORP $23,581,190
AMAZON.COM INC $22,884,132
CLASSMATES ONLINE INC $21,831,884
BARNES & NOBLE INC $21,595,465
AOL TIME WARNER INC $19,242,581
JP MORGAN CHASE & CO $18,011,060
BANK ONE CORP $17,295,526
VIVENDI UNIVERSAL SA $15,963,171
   
Source: CMRiÂÂ’s AdNetTrackUS, 13/12/01 
TOP ONLINE AD SPENDING BY INDUSTRY CLASS, Q1-Q3 2001 
   
RETAIL $432,553,803
MEDIA & ADVERTISING $363,323,644
FINANCIAL $260,633,494
LOCAL SERVICES & AMUSEMENTS $200,131,636
COMPUTERS & SOFTWARE $194,720,418
PUBLIC TRANSPORTATION, HOTELS & RESORTS $103,007,919
AUTOMOTIVE, AUTOMOTIVE ACCESS & EQUIP $89,671,013
GOVERNMENT & ORGANISATIONS $62,844,864
TELECOMMUNICATIONS $61,724,212
INSURANCE & REAL ESTATE $56,221,210
   
Source: CMRiÂÂ’s AdNetTrackUS, 13/12/01 

Website revenues continued to be dominated by Yahoo in the first three quarters of the year, with spend totalling $284.4 million, according to CMRi. Nevertheless, this is an 8.6% decline in spend by Yahoo on the same period last year.

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