Showing posts with label Internet Marketing. Show all posts
Showing posts with label Internet Marketing. Show all posts

Thursday, January 10, 2013

Mercury Media acquires World wide web advertising and marketing company

Mercury Media, the Santa Monica marketing business behind the tv commercials for Ronco merchandise, Shark vacuum cleaners, Zumba Fitness and Hoveround wheelchair-styled automated cars, explained it has acquired iMarketing, a boutique Web ad company.

Money facts have been not disclosed.

About 30 personnel from the Princeton, N.J.-based iMarketing happen to be absorbed by Mercury Media, explained John Barnes, chief executive of Mercury. The transaction closed Dec. 31 and was officially announced this week.

The buy was intended to provide the privately held Mercury a larger Web footprint with iMarketing clientele which includes Dow Jones & Co., the parent from the Wall Street Journal, eDiets, Barclays and Yahoo! The 13-year-old iMarketing company, a survivor with the dot.com boom, last year generated more than $30 million in billings.

Mercury Media specializes in what are known as "direct response" advertisements, which includes infomercials and one- and two-minute TV commercials that frequently end with an announcer encouraging consumers to call a 1-800 telephone number to buy a product directly rather than visiting a retail store.

iMarketing specialties, which include search engine promoting and strategy and analytics, will complement Mercury's already-strong tv business.

"Our business is moving increasingly to a world that is a hybrid of tv and online promoting," Barnes stated.

Barnes stressed the continuing importance of tv, calling it "the most powerful medium -- there is nothing that compares to it."

Increasingly, however, product makers are more focused on using the Web to more effectively engage would-be shoppers. "The two parts of media that are growing are the tv business and the online business," Barnes mentioned. "That's why this acquisition is a perfect marriage for what we do."

Mercury Media, which started 23 years ago, now boasts about 160 workers in its headquarters in Santa Monica and offices in Marlboro, Mass., Philadelphia and now Princeton. Most work at the Santa Monica headquarters. The business is a leader in the direct-response marketing space.


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