Tag Archives: advertising

Data, Data Everywhere (Part 1)

Today’s rant is one of those about a couple of discordant pieces of information that found me this morning.  Maybe I read too many things and I get confused – it happens.  On the other hand, the two articles I’m going to cite are fairly typical of some thinking that’s floating around in digital media and marketing.  I’ll deal with the first one today and the second one tomorrow since I’m not big on 1,000 word posts . Let’s see what you think.

Both these pieces came from MediaPost – one from a marketing newsletter and one from an agency newsletter.  Let’s start with the latter.  In an article entitled “Digital Is The Least Accountable Of Media,” the head of the ANA  is reported as having claimed that

Digital media, once thought to be the most accountable media turned out to be the least accountable, with viewability levels, according to some studies, hovering around just 50%. That’s got to change or advertisers will pull dollars off the table…the industry has to improve media measurement significantly. Marketers obviously need and want to buy digital media, but the return on investment has been hugely disappointing.

There is that nasty term – “viewability”- again.  It means that some ads on web pages are on parts of the page that aren’t seen (scrolled down to) and yet since they are served when the page is served they’re counted as having been displayed.  I’ve added a couple of articles on the topic below.  I have issues with digital being singled out for that since no one takes people leaving the room to go to the bathroom into their TV commercial ratings nor people turning down the volume for radio measurement.  Frankly, given that digital is the only medium of which I’m aware that doesn’t use sampling when gauging audiences I’m not sure why it’s held to a different standard.  Sure, digital has other issues (traffic fraud being the worst) but data isn’t one of them.

Which leads to the second article about that data and a new study about how it affects the top people in marketing which I’ll cover tomorrow.  Let’s just say there doesn’t seem to be a demand to get more data from digital.  Stay tuned.

Enhanced by Zemanta

Leave a comment

Filed under digital media, Huh?

Ads Are Easy – Content Is Hard

For some reason many of the people with whom I spoke  yesterday had content creation on their minds.

Old AD (L1010566)

(Photo credit: Foread)

All three were former clients who wanted to understand the latest buzzword, content marketing.  As with the use of any term, I first wanted to understand what they thought the term meant.  As it turned out, they had widely differing definitions.  These ranged from what I’d call advertorial to what the industry does term “content marketing.”

My point of view is that brands have always been content creators.  Ads are content – their channel of distribution is paid media.  PR is content – it gets picked up in earned media.  Today, websites, social presences, and who knows what else by the time I’m done writing this (things DO change kind of quickly) are also content and are put out through channels brands own themselves.  I think, however, this is missing the point.

Customers want to be educated.  Sure, it’s nice to give them a laugh or a tear as many brands did during the Super Bowl, but the nature of marketing today is that ongoing conversation I’ve written about before.  Customers want smart brand representatives who can educated them and help to solve their problems when they arise.  However brands touch and audience, I think it needs to be less about the sale and a lot more about engagement.  That comes from an honest and open dialogue with the consumer, not by tricking them into reading a sales piece in the guise of a magazine article.  Posting fake reviews to enhance your brand does nothing except risk massive embarrassment when they’re discovered and sound a discordant note when real reviewers point out how the fake reviews bear no resemblance to reality.

Creating ads is relatively easy.  Everyone sees them as a brand message, a certain amount (and it’s tiny) of hyperbole is expected, and it’s clear something is being sold.  Creating content that educates and informs is much harder.  Maintaining a transparent and open social presence is as well.  That, however, is what marketing has become, at least for those brands that are in touch with their consumers.  Are you?

Enhanced by Zemanta

Leave a comment

Filed under Consulting, Thinking Aloud

Feeling The Love

I read something the other day that got me thinking.

Advertising

(Photo credit: Wrote)

Businesses spend over $200 Billion on advertising and yet surveys show that only 4% of customers trust advertising as a source of information about products and services.  I’ve written about this before and how word of mouth, consumer review sites, and other social media are far more important these days in many purchase decisions than is good old advertising.

Think about your own shopping habits.  You are interested in something, and the bigger the purchase (TV, technology, a car) the more likely you are to research the heck out of it.  Anyone you know bought something major without asking around or checking it out?   Much of the time, that “checking out” process happens in a physical store but many of us window shop online as well.  Maybe it’s advertising that precipitates the desire for a product but it’s what happens next that sells it.

I was in an unfamiliar store the other day and couldn’t find something.  I asked an employee who was replenishing the shelves where I might find the item, fully expecting an “aisle 5” sort of response.  Instead, he put down his box and walked me over to where the item should have been.  When it wasn’t there, he said “wait here” and went in the back to find me what I needed.  I was feeling the love and this store will be a regular part of my shopping.  Yes, it was advertising that got me in but had he just directed me to an aisle I would have left the store empty-handed, unlikely to return.

Maybe “customer love programs” needs to be a budget item.  Many retailers cut back on floor help after the holidays while increasing advertising.  Is that backwards?  Might money spent on customer service – read that as retaining existing customers – have a better ROI than on the ads designed to attract new ones?  A happy customer might not tell everyone about how great your products are unless they’re asked, but I can guarantee a large percentage of them (studies show 95% take action) WILL tell their friends how horrible you are (79% told others) should they be unhappy with you or have a bad experience.

We all have heard the old Attention -> Interest -> Desire -> Action paradigm, or  AIDA.  Maybe we need to get “show some love” in there somehow.  Thoughts?

Enhanced by Zemanta

Leave a comment

Filed under Consulting, Thinking Aloud