SCOTTSDALE, Ariz., Oct. 20 /PRNewswire/ -- Blue Global Media, a leading customer acquisition and lead generation company, has announced revenue projections for the fourth quarter of 2010.
The online marketing company announced projected fourth quarter revenue of $6 million, a 100% increase over revenue in the same quarter last year. According to Blue Global Media, the growth is a result of continuing online lead generation trends and a company-wide focus on creating extensively tested and targeted marketing solutions.
An online lead generation report released by Econsultancy and Clash-Media revealed that more businesses than ever are using online lead generation to increase sales. According to Econsultancy's Online Lead Generation Report 2010 (B2C), the majority of companies that accept online leads are increasing their online lead generation budgets. Nearly three-quarters of the surveyed businesses believe that accepting online leads results in a medium or high ROI.
"We've been able to experience such growth because we provide services that complement the highly focused nature of online marketing," said Chris Kay, president of Blue Global Media. "We see that more companies are allocating a greater percentage of advertising budgets to new media spaces, so we are providing targeted services that result in a high return on investment for our partners."
With these projections, Blue Global Media expects to reach 200% overall revenue growth in 2010. In June of 2010, the company launched Blue Global Media Network, an affiliate marketing network that now represents a significant percentage of the company's sales. Blue Global Media Network primarily offers financial products, such as personal loans and cash advances, though affiliate offers in other verticals are continually added.
To learn more about Blue Global Media, visit www.BlueGlobalMedia.com or attend marketing events like Affiliate Summit West, held January 9 – 11, 2011, in Las Vegas, Nevada.
About Blue Global Media
Blue Global Media is a performance marketing company based in Scottsdale, Arizona. A division of Blue Global, LLC, Blue Global Media offers comprehensive marketing solutions to online publishers and advertisers. Using customizable and flexible services, Blue Global Media allows businesses to efficiently and affordably generate leads and acquire new customers online. With an emphasis on customer-tested campaigns and usability tests, Blue Global Media has become a preeminent affiliate network for financial and related products. Blue Global, LLC was founded in 2005 by president Chris Kay.
SOURCE Blue Global Media