Category Archives: digital media

Locking Your Door

There are many homes in the town where I live that aren’t locked up when nobody is home.

English: A candidate icon for Portal:Computer ...

(Photo credit: Wikipedia)

While in some ways it’s a nice relic of a time and society long gone, I’ve always wondered how people were able to file insurance claims or police reports if they got robbed. After all, they did nothing to protect their privacy other than trusting in the good will of the surrounding community.
Unfortunately, the world out there contains a fair number of evil-doers, and that includes the digital world of the web. Most of us know that, I’m afraid, but I’ve never really been sure how many of us take action to prevent those bad guys from entering our digital homes. Oh sure, maybe we use the pre-installed anti-virus stuff (hopefully with up to the minute virus definitions) but how many people are being proactive about keeping their data doors locked?
The folks from Microsoft released a study yesterday and the answer was surprising, at least to me. You can read the executive summary of and view a slide show about the findings here.  The big ones:

  • Forty-five percent said they feel they have little or no control over the personal information companies gather about them while they are browsing the Web or using online services, such as photo- sharing, travel or gaming.
  • Forty percent said they feel they ”mostly” or “totally understand” how to protect their online privacy.
  • An equal number of people (39 percent) said they are turning to friends and family, as well as privacy statements, as their top source for privacy information.
  • Almost a third of those surveyed (32 percent) said they always consider a company’s privacy reputation, track records, and policies when choosing which websites to visit or services to use.

OK, a lot of people get that they’re being tracked and not always for benign purposes, so surprisingly (to me, at lesast) they’re taking action. When asked what, if any, actions respondents had taken to protect the privacy of their online data, the vast majority (85%) report that they had actively taken steps. The most common action reported was the deletion of cookies that may be used to record and track online behavior.

I think this is good news –  locked doors keep the crime rate in our little digital town down.  Of course, it also means that any of us who want to be invited in to consumers’ cookie caches need to play nice.  That means have a clear privacy policy, explain how and if we’re using the data, and make sure that users read and understand what we’re doing.  Otherwise, we’ll have to break in to steal that information, and I think we all know where that can land us.  Regulatory bodies worldwide are already considering harsh and cumbersome rules and we know that they’ll probably get something wrong.  It’s on the industry to get ahead of this and to behave, encouraging people to take charge – lock their doors – and make it simple to do so.

Are you locking your data door?  Who are you letting in and why?

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Filed under digital media, Helpful Hints

RTB Means Really Tough Business

The always reliable Digiday did a piece yesterday on Real Time Bidding (some folks say Buying) and the effect it’s having on web publishers. Entitled “Publishers Face RTB Pressures,” it’s an excellent though depressing overview of what’s happening in the digital publishing business due to the steady growth of programmatic ad buying. I can’t sum it up any better than this:

The drive for more efficient buys in RTB is putting pricing pressure on the entire display ad market. According to Magna Global, display advertising globally rose just 1.5 percent in 2013. That’s not very good in a market that expanded 14.4 percent overall for the year. In fact, the reason Magna identified: price drops.

That’s the situation today, when 17 percent of buying is through exchanges. In five years, Magna director of global forecasting Vincent Letang expects 43 percent of display advertising to be bought and sold via exchanges.

In other words, there’s too much inventory and these formulae don’t give the quality of your content enough consideration.  Heaven forbid that humans actually enter the equation!  Before all of my friends who sell non-digital media get too smug, one can rest assured that when the efficiencies of this buying protocol become evident that someone will push it on TV and print just as sure as the sun shines.  So is this a bad thing?

If you’re buying audiences for your marketing messages, no, it’s not.  It is, however, if you’re a content creator who tries to make money off your content by selling the audiences it attracts.  I suppose that means that if I were in the content business I’d get the hell out by selling off my audience monetization to someone else – a publisher or distributor.  I’d give up some of the upside in return for protecting the downside push to the bottom RTB is forcing.  As the article says “Efficiency is a great thing unless what you do is what is being made more efficient.”  It’s not going to be long (and it may be here already) before the quality of the content is impacted as the resources to produce consistently great stuff just aren’t there.

If I were back being a publisher, I’d be spending a lot of time having someone think about our syndication strategy and fast.  Let  someone else ride the ad wave down to the bottom.  My content – and yours – is worth more than that.

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Filed under digital media, Reality checks

Social and Shopping

How do you think social media influences what people buy?  If you believe a recent report on the influence of social media on shopping this past holiday season, the answer is not much.  As the article said:

online shoppers mostly ignored social channels as purchase influencers,according to survey results from Baynote. Pinterest and Twitter influenced online and in-store purchases for just 1 in 10 shoppers surveyed, with Facebook garnering only slightly more interest. Instead, online ratings and reviews were most likely to influence both online and in-store purchases (33% and 24%, respectively), with Google search results including a pictured product available by the retailer coming in next for online purchases (26%) and paper catalogs (21%) second for in-store purchases. Not surprisingly, social channels were most influential among younger consumers (aged 25-34), while paper catalogs got the attention of the 45+ crowd.

This was accompanied by another piece which announced that “only 2% of traffic to retailers during the holiday season came from social networks, per figures released by Adobe Systems.”   The article then goes on to say “Adobe isn’t the first to detail social media’s rather small influence over the holiday season.”

I could be wrong about this but given that Adobe is the parent company of one of the large analytics firms, I’m assuming they looked for traffic into shopping carts from social media.  Their question – is social media converting into sales – isn’t the right one.  How about “does social media influence sales?”  I’m willing to bet that a large percentage of what’s on Pinterest is aspirational – something the user wants or acknowledges as desirable.  Maybe it’s a place people use to research gifts for friends?   You will have a hard time convincing me, just based on what crosses my Twitter stream and Facebook news feeds, that people aren’t researching purchases via social media.

The Baynote data is a survey – let’s always remember that what people say and what they do sometimes don’t align.  That said, I think taking “catalogs” as a whole while segmenting digital into pieces (search vs. social vs online stores) is a bit misleading.  It also doesn’t reflect how users may begin with a search, move over to social to check out their connections’ thinking on what they’ve found, and then their use of the online store to buy, perhaps several days (and sessions) later.

Given the continuing and impressive growth of online shopping during the last holiday season I’m a believer in social as a influence.  People spend more of their lives online and that includes shopping.  Maybe these folks are asking the wrong questions.  I’m sure they’d have just as hard  time proving that TV or print resulted in the conversions they’re discussing yet very few people deny those media have an impact.  What do you think?

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Filed under digital media, Thinking Aloud