The Caribbean’s first online advertising network, Caribclix, kicked off last week in Jamaica in a bid to get a slice of the US$22billion dollar global internet advertising industry as reported by PriceWaterhouse Coopers.

It's principals say that Caribclix gives advertisers the ability to target relevant Jamaican, Caribbean and Caribbean diaspora online audiences at affordable rates with real time tracking and measurable results. 

"What Jamaican and Caribbean companies now have is a single entity that makes it easy for them to target customers online in an effective, affordable and measureable way," commented Chad Cunningham, director of Caribclix, at a seminar held for advertisers in Kingston at the Hilton Hotel last week.

The company reports that, already a large group of high quality site owners across industries such as traditional media, social networks, travel, ecommerce, entertainment, online communities, portals, dating sites, search directories based inside and outside of the region have signed on with Caribclix. Additionally, at the seminar the dynamic company signed up a cadre of Jamaican advertisers who attended.

 "'The advertisers realized that their Jamaican, Caribbean and Caribbean Diaspora customers are online and spending increasingly more time there and that they need to put their products, brands, services in front of them. They understood that and some Jamaican and regional advertisers signed up on spot, with others making commitments for buys within the next 14 days. The seminar was a success," Cunningham added.

Caribclix is a privately-held company based in Kingston, Jamaica. The company’s principals are Chad Cunningham, Deal Ventures including Jamdeal.com and Trindeal.com; Sandor Panton, Top5Network Ltd including Top5Jamaica.com; Ingrid Riley, Connectimass.com Ltd including SiliconCaribe.com; and Leighton Scarlett, Caribsingles.com; and Jamie Ranston Webfx Ltd including Idletribes.com.