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Steve Garton, global media head of Synovate International, speaking at the World Marketing Conference Friday, said the reluctance of local advertisers to invest in online ads is a failure to research the potential of new forms of media and the needs of their own customers.

“There’s a major payoff for those who are brave enough to identify the opportunities presented by new media because they get first-mover advantage. Holding back means you could be an also-ran instead of being an innovator and that talks about the status of your brand as well,” Garton said in an abs-cbnNEWS.com interview.

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