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Social networks becoming increasingly attractive to US advertisers

Social networks becoming increasingly attractive to US advertisers

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Social networking sites accounted for more than 20% of all US display ads viewed online in June, new research has found.

MySpace and Facebook delivered more than 80% of ads among sites in the social networking category, according to the comScore research.

Top Online Display Ad Publishers in Social Networking Category, June 2009, Total US – Home/Work/University Locations
Total Display Ad Impressions (MM) Share of Display Ads Ad Exposed Unique Visitors (000)
Total Internet: Total Audience 326,899 100.0 188,589
Social Networking 68,927 21.1 129,620
MySpace Sites 30,004 9.2 64,472
Facebook.com 26,813 8.2 67,389
Tagged.com 1,940 0.6 7,422
MocoSpace.com 496 0.2 1,067
Hi5.com 461 0.1 3,459
Bebo 435 0.1 6,350
Classmates.com Sites 400 0.1 9,181
BlackPlanet.com 345 0.1 2,084
GaiaOnline.com 258 0.1 1,859
DeviantArt.com 204 0.1 3,681
Source: comScore Ad Metrix

Jeff Hackett, comScore senior vice president, said: “Over the past few years, social networking has become one of the most popular online activities, accounting for a significant portion of the time Internet users spend online and the pages they consume.

“Social networking sites now account for one out of every five ads people view online. Because the top social media sites can deliver high reach and frequency against target segments at a low cost, it appears that some advertisers are eager to use social networking sites as a new advertising delivery vehicle.”

eMarketer recently forecast that US marketers will increase their social network ad spending 13.2% in 2010, to $1.3 billion.

However, paid advertising on online social networks in the US is expected to fall 3% in 2009, as a result of the poor economy and various difficulties at MySpace.

In August, comScore published research showing that the UK has seen more people in the 15-24 year old age group visiting social networking sites than they were a year ago

It said that while the average 15-24 year old is spending less time overall on social networking sites, it appears to be due to youngsters spending less time around secondary sites.

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