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	<title>HipMojo.com</title>
	<link>http://watchmojo.com/web/blog</link>
	<description>Covering Online Video, Web, Search, Investing, Technology, Strategy, Investing, M&#038;A, Financing, VCs</description>
	<pubDate>Sat, 21 Nov 2009 21:40:57 +0000</pubDate>
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		<title>Europe Online Advertising Market Size: Catching up to US Market?</title>
		<link>http://watchmojo.com/web/blog/index.php/2008/06/02/europe-online-advertising-market-size-catching-up-to-us-market/</link>
		<comments>http://watchmojo.com/web/blog/index.php/2008/06/02/europe-online-advertising-market-size-catching-up-to-us-market/#comments</comments>
		<pubDate>Mon, 02 Jun 2008 13:59:58 +0000</pubDate>
		<dc:creator>Ashkan Karbasfrooshan</dc:creator>
		
		<category><![CDATA[Internet &#038; Web]]></category>

		<category><![CDATA[Stat of the Day]]></category>

		<category><![CDATA[Online Advertising]]></category>

		<category><![CDATA[Europe]]></category>
<category>europe</category><category>Internet &amp;#038; Web</category><category>Online Advertising</category><category>Stat of the Day</category>
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		<description><![CDATA[I think Europe could surpass the US ad market if for no other reason that different markets means different languages and different ad campaigns.  In other words, it&#8217;s harder to find efficiencies when you have to duplicate the same message across 10 or so sub-campaigns.
According to IAB, Europe added 4B Euros year over year, [...]]]></description>
			<content:encoded><![CDATA[<p>I think Europe could surpass the US ad market if for no other reason that different markets means different languages and different ad campaigns.  In other words, it&#8217;s harder to find efficiencies when you have to duplicate the same message across 10 or so sub-campaigns.</p>
<p>According to IAB, Europe added 4B Euros year over year, I do wonder what factor the USD/Euro exchange rate had on this:</p>
<p><img src="http://watchmojo.com/blogs/images/europe_iab.png" /></p>
<p>Obviously, the conversion matters.  From 2000-05 I took a company from $0 to $10M sales&#8230; in USD.  We were based in Canada and with the USD/CAD at 1.5, that was actually $15M of revenues for us.  Imagine that.  Now, I cash in US checks and I lose money.  Anyway, someone might want to remind the IAB to account for this&#8230; and while we&#8217;re at it, someone might want to remind America the Greenback is in the toilet (that is how many USD&#8217;s it takes to buy 1 Euro):</p>
<p><img src="http://watchmojo.com/blogs/images/usdeur.jpg" /></p>
<p>Read more <a href="http://www.bvdw.org/fileadmin/downloads/aktuelles_presse/pressemitteilungen/Marked_Up_AdEx_Results_2nd_June_2008_cs.pdf" target="_blank">here</a>.  Found via <a href="http://www.centernetworks.com/iab-europe-online-spend" target="_blank">Center Networks</a>.  Also check out some of WatchMojo&#8217;s <a href="http://www.watchmojo.com/index.php?id=6295" target="_blank">French</a> and <a href="http://http://www.watchmojo.com/index.php?id=5596" target="_blank">German</a> clips.</p>
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