Business Editors
NEW YORK--(BUSINESS WIRE)--July 21, 2000
Themed "Survival in the New Reality," Forum to Examine Future of Advertising in New Economy; Pre-Conference Seminar Devoted to Wireless
While Internet businesses continue to face dwindling investor
Reinhard, Davis and Berlow will join more than 50 leaders from online and traditional industries to address leading advertising issues such as online advertising effectiveness, e-mail and guerrilla marketing, cross-platform strategies, online branding for traditional companies, the role of ad agencies, and privacy issues. The conference will also feature a day devoted exclusively to advertising over non-PC platforms, such as wireless. Speakers for this year's forum include: Peter Winter, president, Cox Interactive Media; Mike Levy, chairman, president, and CEO, CBS Sportsline; Robert Wrubel, CEO, AskJeeves; Eric Goodwin, CEO, FloNetwork; David Sable, CEO, Y&R2.1; David Tolmie, president and CEO, YesMail; Scott Schiller, senior vice president, branded advertising and sponsorship sales, GO.com; Shelley Morrisson, vice president of advertising, Real Networks; John Nelson, CEO, Organic; Dick Porter, executive vice president and general manager, TV Guide Media Sales; and Lee Bartstow, vice president, marketing and sales, WWF.
"Traditional and online businesses face more scrutiny than ever on the use of their marketing dollars," said Patrick Keane, director and senior analyst with Jupiter's online advertising research. "Brand building and customer acquisition efforts must balance with company profitability, pressuring marketers to evaluate and spend their advertising dollars in a targeted, effective way constantly. In this environment of increasing accountability, online advertising--with its low out-of-pocket cost and high return on investment--is emerging as a stronghold of the media plan. Given the recent spotlight on online advertising and the leading speakers addressing the forum, we are excited about this year's event."
The theme of the forum is "Survival in the New Reality," and Jupiter analysts will join panelists and participants to discuss key issues facing online and off-line companies seeking to maximize the impact of their Internet advertising strategy. Sessions will provide attendees with the following guidelines:
- Global Marketing: Total online advertising revenues are expected to grow to $28 billion worldwide by 2005, up from $4.3 billion in 1999, positioning the Internet as the first marketing medium to offer global reach. The expected growth in audience and dollars provides vast opportunities for global brands looking to move beyond traditional advertising inefficiencies when communicating with consumers worldwide. However, marketers face numerous challenges, including a dependence on regional media-buying efforts, lack of adoption of innovative online ad models, and integration snags over both media and platforms. - Email Marketing: Commercial e-mail will become a $7.3 billion business by 2005. Companies will face increased challenges maintaining a dialog with consumers. With e-mail outperforming direct mail and online advertising, companies will increasingly harness e-mail to communicate with consumers. Jupiter predicts that e-mail marketing revenues will grow from $164 million in 1999 to $7.3 billion in 2005, and per-user message volume will increase 40 times. In this environment, companies will have difficulty maintaining current high response rates.
- Leveraging the evolving relationship between advertiser and
publisher;
- Global Marketing: Total online advertising revenues are expected to grow to $28 billion worldwide by 2005, up from $4.3 billion in 1999, positioning the Internet as the first marketing medium to offer global reach. The expected growth in audience and dollars provides vast opportunities for global brands looking to move beyond traditional advertising inefficiencies when communicating with consumers worldwide. However, marketers face numerous challenges, including a dependence on regional media-buying efforts, lack of adoption of innovative online ad models, and integration snags over both media and platforms. - Email Marketing: Commercial e-mail will become a $7.3 billion business by 2005. Companies will face increased challenges maintaining a dialog with consumers. With e-mail outperforming direct mail and online advertising, companies will increasingly harness e-mail to communicate with consumers. Jupiter predicts that e-mail marketing revenues will grow from $164 million in 1999 to $7.3 billion in 2005, and per-user message volume will increase 40 times. In this environment, companies will have difficulty maintaining current high response rates.
The forum Tuesday, August 15 will feature a pre-conference seminar entitled, Post PC Platforms--Wireless and Beyond, focusing on next generation advertising platforms. Keynote speaker, Naveen Jain, chairman and chief strategist, Infospace, will join Jason Devitt, CEO and co-founder, Vindigo; Jan Steenkamp, president and CEO, OpenTV; and other industry leaders to examine the proliferation of non-PC devices and the way that advertisers can communicate with customers over these applications. Session topics include, "iTV: Navigating an Uncertain Convergence"; "Wireless Advertising: Positioning the Players"; and "Global Markets: Risk and Reward."
The Jupiter Online Advertising Forum has attracted many of the industry's leading advertising players. Past speakers included Richard A. Goldstein, president and CEO, Unilever United States; Bob Pittman, president and COO, America Online; Phil Guarascio, vice president, corporate marketing and advertising, General Motors N.A.; Tim Koogle, president and CEO, Yahoo!; John J. Dooner, Jr., chairman and CEO, McCann-Erickson WorldGroup; Kevin O'Connor, chairman and CEO, DoubleClick; and David Wetherell, chairman, president and CEO, CMG.
"For more than five years, marketing executives focusing on the Internet space have come to the Jupiter Online Advertising Forum to network, make deals, and learn the trends from analysts and industry leaders," said Gene DeRose, CEO, Jupiter Communications. "It was one of the first events when the ad industry evolved to identify the online ad community and it continues to be an invaluable resource in navigating this dynamic and challenging industry. The Jupiter Online Advertising Forum is the definitive event for today's advertising community."
The Jupiter Online Advertising Forum will also serve as a platform for the release of Jupiter's latest online advertising research. Jupiter has led the online advertising field with prescriptive direction and accurate research for over five years. Listed below are some recent findings of Jupiter's advertising research:
- Global Marketing: Total online advertising revenues are expected to grow to $28 billion worldwide by 2005, up from $4.3 billion in 1999, positioning the Internet as the first marketing medium to offer global reach. The expected growth in audience and dollars provides vast opportunities for global brands looking to move beyond traditional advertising inefficiencies when communicating with consumers worldwide. However, marketers face numerous challenges, including a dependence on regional media-buying efforts, lack of adoption of innovative online ad models, and integration snags over both media and platforms. - Email Marketing: Commercial e-mail will become a $7.3 billion business by 2005. Companies will face increased challenges maintaining a dialog with consumers. With e-mail outperforming direct mail and online advertising, companies will increasingly harness e-mail to communicate with consumers. Jupiter predicts that e-mail marketing revenues will grow from $164 million in 1999 to $7.3 billion in 2005, and per-user message volume will increase 40 times. In this environment, companies will have difficulty maintaining current high response rates.
- Workplace Targeting: According to Jupiter's estimates,
approximately 33 million adult consumers with online access in the
workplace create a new prime time during business hours. The value
of day-part targeting does not support the 25 percent premium it
demands currently. Advertisers should develop strategies based on
an understanding that the workplace audience is less receptive to
standard forms of online advertising and advertisers should
instead reach consumers in the workplace via content targeting and
integration, corporate desktops, and e-mail marketing.
The Jupiter Online Advertising Forum will feature more than 100 exhibitors showcasing innovative services and technologies. Primary sponsors of the conference are AdExchange.com and net-mercial.
To receive information on the Online Advertising Forum or other Jupiter Forums, contact Jupiter at 800-414-6740 ext. 6424 (international callers can dial 917-534-6424) or visit Jupiter online at www.jup.com/events/forums/. Attendees who wish to register more than one individual from the same company should take advantage of the team discounts offered, please call our Customer Service department at 1-800-488-4345 ext 6424 or email customerservice@jup.com.
Companies interested in sponsorship and exhibitor opportunities should contact Faine Speyer at 917-534-6118, or via e-mail at faine@jup.com. Journalists inquiring about press credentials should visit Jupiter's Web site at www.jup.com for press pass applications.
Jupiter Communications, Inc. (Nasdaq:JPTR) is a leading provider of research on Internet commerce. Jupiter's research, which is solely focused on the Internet economy, provides clients with comprehensive views of industry trends, forecasts, and best practices. The company's research services are provided primarily through its continuous subscription services. Jupiter also produces a wide range of conferences that offer senior executives the opportunity to hear firsthand the insights of its analysts and the leading decision-makers in the Internet and technology industries. Jupiter Communications is based in New York City, with operations in London, San Francisco, Stockholm, Sydney, and Tokyo. For more information on Jupiter Communications visit http://www.jup.com.
This press release contains statements of a forward-looking nature relating to future events or future financial results of Jupiter Communications, Inc. Investors are cautioned that such statements are only predictions and actual events or results may differ materially. In evaluating such statements, investors should specifically consider various factors, which could cause actual events or results to differ materially from those indicated from such forward-looking statements, including the matters set forth in Jupiter Communications' reports and documents filed from time to time with the Securities and Exchange Commission.