David Jones, global CEO of Euro RSCG is quoted in the eMarketer article Why Now Is Not a Good Time to Slash Your Market Research Budget as saying: "The reality today is that we are all driving in fog, and no one really knows if the fog will lift in one year, two years or more."This fog explains why there are so many seemingly contradictory trends in marketing reports today. Compare, for example:
- A survey from the Association of National Advertisers (ANA) indicates that 77% of US advertisers are cutting their media spending this year
- Nielsen reports that U.S. advertising for the full year 2008 was down 2.6% compared to the full year 2007
- IAB Reports Internet Advertising Grew 10 Percent Last Year; Outpacing TV (IAB 2008 Full Year report .pdf)
- Online Ad Growth Screeches To A Halt - they "grew only 2.6% year over year in Q4, including search".













