Monday, June 8, 2009

Internet Marketing is a Superior Value for Lawyer Lead Generation in Recession


Recent figures released by the Interactive Advertising Bureau (IAB) and PricewaterhouseCoopers LLP (PwC) found that despite the recession, Internet advertising revenues in the U.S. were at $5.5 Billion, for the first quarter of 2009, representing only a 5% decline over the same period in 2008.

Accroding to the organizations, the recession has hit other media much harder and is a testament to both the accountability afforded by online advertising and the growing share of consumer time spent online.

What does this mean for law firms seeking to increase their incoming case leads?


Lawyer Lead Generation

First, it means that online marketing presents less risk. If you are not generating the return on your investment, you can react and modify. This may mean changing your law firm's Internet marketing provider to one delivering greater value for your money, or changing your lawyer lead generation strategy.

Next, it means that Internet marketing is becoming increasingly important in the marketing mix. You wouldn't buy stock in a company with a steady decline in revenues and a bleak future, so why would you continue to invest your valuable resources in antiquated methods of reaching prospective personal injury clients, while ignoring the Internet as a primary lead generation channel?

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