All Elements of Internet Marketing Growing

When the first consumers began adopting the internet around 1995, there was much speculation as to how the internet could become a useful tool for businesses.Right now, we know very well just how useful the internet can be for anyone that is involved in buying or selling a product.The bottom line is that if you want your business to grow and expand its operations, then you really need to get on board and build up your online presence.Using a Digital Marketing Agency could be a good idea if you dont know where to start, as they are experts in online marketing and will be able to develop a custom made plan for your business.We all know that the use of the internet for business purposes is on the rise, but by how much? There have been dozens of studies published on this topic lately.According to information collected by Borrell Associates, online ad spending is expected to reach $51.9 billion by the end of 2011.This encompasses online ad spending by a diverse group: large corporations, small local businesses, one-man startups run out of some students garage and also individual online marketers who mainly promote affiliate offers.As for local online advertising, which is often used by businesses that want to target residents of a certain geographic area, spending is expected to be $16.1 billion by the end of 2011.Another report, published by a small Internet Marketing Agency in Boston indicates that spending on social media advertising is expected to reach $3.5 billion in the next five years.This includes paid advertisements on social media sites, as well as design and maintenance costs for social media pages, which are free for businesses on many social networking sites.Another popular digital marketing sector, mobile marketing is expected to be worth $1.5 billion by the end of the next year.While all these figures amount to considerable amounts of money, it doesnt mean that using online marketing for your business is something that will be expensive.The reason as to why these numbers are so high is because there are many more small players (such as individual affiliate marketers and small business owners) entering the digital advertising marketplace and using online ad services.It also indicates growth in various small businesses that use internet marketing.As an exampleFree Articles, a company that has expanded its operations and now owns 5 locations around the city will spend considerably more on internet marketing related services than a small startup.Getting started is not that difficult and the first part would be simply building up your business presence on the internet.Partnering up with local companies that can help you achieve your goals such as a Boston Search Engine Optimization company can also be very beneficial for a small business that is trying to enter the online marketplace.