Online advertising could possibly become even more profitable over the next few years as it appears consumers’ trust in ads that show up in search engine results, online video, and social networks appears to be on the rise. A recent report from Nielsen, Truth in Advertising 2013 found that 48 percent of consumers trust these ads, up from previous years.
The report shows that consumers around the world are gradually becoming more accepting and trusting to online media, and advertising from trusted sources is equally seen as trustworthy. Ads on branded websites are now 69 percent trusted this year, making it the second most trusted format. In 2007 it received 9 percent trusted and ranked fourth-place.
The most favorable form of advertising stays the same, with 84 percent of global respondents saying word-of-mouth recommendations from friends and family are the most trustworthy.
The survey also found that 42 percent trust online banner ads, compared to 26 percent in 2007, which may be why advertisers spent 26 more percent on this type of advertising in the first quarter of this year, according to ClickZ. Display ads on mobile devices has also gone up, with 45 percent saying they trust these ads more than text ads.