MUSCLE13
02-03-2005, 08:20 PM
Thanks Jeeves
Excerpt
NEW YORK (Dow Jones)--Ask Jeeves Inc.'s (ASKJ) profits benefited from lower- than-expected spending on marketing and on salaries, as the company wrung more efficiency out of its online ad campaign and hired fewer new people than planned.
But Chief Executive Steve Berkowitz, in an interview with Dow Jones, said that won't last. The company plans to increase its marketing spend to 29% of revenues in the current quarter from 26% in the fourth quarter, including by spending on television ads.
"We know we own the question category," he said, referring to Jeeves' traditional strength providing answers to search queries posed as questions. " We're the most authoritative place to search, and we're trying to get that message out."
http://finance.myway.com/jsp/nw/nwdt_ge.jsp?news_id=dji-00128420050203&feed=dji&date=20050203
Excerpt
NEW YORK (Dow Jones)--Ask Jeeves Inc.'s (ASKJ) profits benefited from lower- than-expected spending on marketing and on salaries, as the company wrung more efficiency out of its online ad campaign and hired fewer new people than planned.
But Chief Executive Steve Berkowitz, in an interview with Dow Jones, said that won't last. The company plans to increase its marketing spend to 29% of revenues in the current quarter from 26% in the fourth quarter, including by spending on television ads.
"We know we own the question category," he said, referring to Jeeves' traditional strength providing answers to search queries posed as questions. " We're the most authoritative place to search, and we're trying to get that message out."
http://finance.myway.com/jsp/nw/nwdt_ge.jsp?news_id=dji-00128420050203&feed=dji&date=20050203