In B2B Circles, Event Income Outpaces Ad Revenue

Scott Karp at Publishing 2.0 points to some interesting data from Media Daily News:

In a milestone symbolic of the shifts taking place across all media, business-to-business media can no longer be described as the “trade press.” That’s because print advertising now represents a minority of the revenues generated by business-to-business media companies.
According to a compilation of 2006 revenue data released Monday by American Business Media, “face-to-face revenue” has surpassed print advertising sales for the first time in the history of the industry. By face-to-face revenues, the ABM means conferences, trade shows and events, which garnered $11.3 billion among ABM members participating in the association’s Business Information Network tracking reports. That brings events to a 36% share of B-to-B revenues, nudging out B-to-B print advertising’s 35% share for the first time ever.

McGraw-Hill is one ABM member that profits from trade shows.

About David Burn

I wrote my first ad for a political candidate when I was 17 years old. She won her race and I felt the seductive power of advertising for the first time. Today—after working for seven agencies in five states—I am head of brand strategy and creative direction at Bonehook in Portland, Oregon.