Receipt

    Filed September 2, 2026

    Called it.

    The short version

    Michael Bassik predicted on January 28, 2008: “Search advertising could garner closer to 80 percent [of 2008 online political ad spending - double Borrell Associates' estimate that 50 percent, or $10 million, would go to paid search].” Verdict: Called it. Bassik called the search skew before the cycle played out - and the whole category outgrew the forecasters. Obama's campaign…

    Prediction by

    Michael Bassik

    On January 28, 2008

    Search advertising could garner closer to 80 percent [of 2008 online political ad spending - double Borrell Associates' estimate that 50 percent, or $10 million, would go to paid search].

    Follow-up

    Bassik called the search skew before the cycle played out - and the whole category outgrew the forecasters. Obama's campaign alone spent about $16 million online, nearly Borrell's $20 million forecast for everyone, and the spend centered on search and list-building: new media director Joe Rospars reported 10-15x ROI on Google ads (ePolitics, Feb 2009).

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