Fifty-nine percent of auto dealers say they plan to use Internet video on their own web sites during the next 12 months, up from the current 33 percent, according to a new study by The Kelsey Group. During this same 12-month period, the percentage of auto dealers using customer ratings and reviews will rise from 29 to 43, and the percentage using social networking sites will rise from 15 to 33.
In general, auto dealers are shifting more of their media mix online, with 62 percent planning to increase online media spending in the next 12 months, compared with only 17 percent for traditional media. Moreover, 46 percent of dealers will decrease spending on traditional media, compared with only 8 percent for online media.
Originally posted on March 11, 2008 @ 10:26 am