{"id":4,"date":"2008-01-01T17:22:10","date_gmt":"2008-01-01T22:22:10","guid":{"rendered":"http:\/\/blogs.law.harvard.edu\/mediarepublic\/2008\/01\/01\/quiz-answers\/"},"modified":"2008-01-01T19:07:00","modified_gmt":"2008-01-02T00:07:00","slug":"quiz-answers","status":"publish","type":"post","link":"https:\/\/archive.blogs.harvard.edu\/mediarepublic\/2008\/01\/01\/quiz-answers\/","title":{"rendered":"Quiz Answers"},"content":{"rendered":"<p>Quiz Answers!<\/p>\n<p>1. In first 3 quarters of 2007, how much money was spent to buy advertising in all the following media combined: TV, radio, newspapers, magazines, the Internet, billboards and those annoying inserts in the Sunday paper?<br \/>\nAnswer: C) $108 billion  &#8211; ok, maybe it\u2019s just me, but it still seems like a lot of money. And remember, that doesn\u2019t include 4th quarter, which is normally more than quarters 1-3. For comparison, total 2006 spending was just shy of $150 billion. <\/p>\n<p>1a) Extra credit international question: In 2006, the U.S. ad market was what % of the global ad market? (answer below)<\/p>\n<p>2. For the same period (Jan-Sept 2007) match the media to the appropriate % of the total:<br \/>\n1) Magazines B) 20%<br \/>\n2) Internet D) 8%<br \/>\n3) Radio E) 7%<br \/>\n4) Newspapers C) 18%<br \/>\n5) TV A) 43% (The other numbers are tricky, but if you didn&#8217;t guess TV was the biggest, you might want to consider some media lit&#8217;racy classes)<br \/>\n6) Outdoor (billboards) + Inserts F) 4%<\/p>\n<p>3. Online advertising in the first three quarters of 2007 was up over the same period by what percentage?<br \/>\nB) 17% (and everyone says the rate of growth in 2008 will be even higher, keep reading)<\/p>\n<p>3a) Extra credit \u2013 what do forecasters predict for online advertising total for 2008?<\/p>\n<p>4. Now that you have all the data, match the numbers to the media<br \/>\n1) Newspapers C) $19.2 billion (down 5.00% over \u201806)<br \/>\n2) Radio A) $7.9 billion (down 1.8%)<br \/>\n3) Internet B) $8.3 billion  (up 17.2% and beating radio in dollar value for the first time)<br \/>\n4) Magazines D) $21.8 billion (this \u201cdying\u201d medium was UP 4.20% over last year, thank you very much)<\/p>\n<p>Source: TNS Media Intelligence<br \/>\nI found it <a href=\"http:\/\/blogs.zdnet.com\/ITFacts\/?p=13530\">here<\/a> <\/p>\n<p>Extra credit answers:<br \/>\n1a)  In 2006 the US represented 37% of the global ad market<br \/>\nSource: GroupM, This Year, Next Year, Dec. 2007<br \/>\nI found it <a href=\"http:\/\/www.mediabuyerplanner.com\/2007\/12\/05\/us-ad-spend-to-grow-37-in-08-up-from-28-in-07-global-to-grow-7\/\">here<\/a><br \/>\n3a) one prediction is \u201cnearly $28 billion, a 29% increase over 2007\u201d<br \/>\nSource: Emarketer<br \/>\nI found it <a href=\"http:\/\/publications.mediapost.com\/index.cfm?fuseaction=Articles.showArticleHomePage&amp;art_aid=73433\">here<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Quiz Answers! 1. In first 3 quarters of 2007, how much money was spent to buy advertising in all the following media combined: TV, radio, newspapers, magazines, the Internet, billboards and those annoying inserts in the Sunday paper? Answer: C) $108 billion &#8211; ok, maybe it\u2019s just me, but it still seems like a lot [&hellip;]<\/p>\n","protected":false},"author":1659,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1751,2266,2267],"tags":[],"class_list":["post-4","post","type-post","status-publish","format-standard","hentry","category-advertising","category-money-changes-everything","category-quizzes"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/archive.blogs.harvard.edu\/mediarepublic\/wp-json\/wp\/v2\/posts\/4","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/archive.blogs.harvard.edu\/mediarepublic\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/archive.blogs.harvard.edu\/mediarepublic\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/mediarepublic\/wp-json\/wp\/v2\/users\/1659"}],"replies":[{"embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/mediarepublic\/wp-json\/wp\/v2\/comments?post=4"}],"version-history":[{"count":0,"href":"https:\/\/archive.blogs.harvard.edu\/mediarepublic\/wp-json\/wp\/v2\/posts\/4\/revisions"}],"wp:attachment":[{"href":"https:\/\/archive.blogs.harvard.edu\/mediarepublic\/wp-json\/wp\/v2\/media?parent=4"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/mediarepublic\/wp-json\/wp\/v2\/categories?post=4"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/mediarepublic\/wp-json\/wp\/v2\/tags?post=4"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}