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Trends of Time and Attention in Online AdvertisingEyeblaster used isolated data from a sample size of 42 billion rich media impressions spanning across all formats and global regions, analyzing Dwell Time, a metric that measures engagement as the average time consumers intentionally spend with online ads. Recent years saw click thru rates (CTR) dropping from 5% to way below 0.4% (or 0.1% for standard banners). This has led some to conclude that ‘display advertising is dying’. On the other hand, data such as Comscore and OPA’s recent research showed that consumers exposed to display ads spend over 50% more time on an advertiser’s site the following month, viewing over 50% more pages than average visitors. This may lead to the conclusion that display advertising is more critical than ever. Human attention has become a scarce commodity. The main findings in this research include the following:
Future of JournalismEconomics of 'Free': 'Maybe Media Will Be a Hobby Rather than a Job' - SPIEGEL
Online Opinions most trusted AdvertisingNielsen Global Online Consumer Survey Global - The most trusted forms of advertising globally are personal recommendations and online opinions, with text ads on mobile phones the least trusted, according to a new survey by Nielsen. The Global Online Consumer Survey found that nine in every 10 internet consumers trust recommendations from people they know, while seven in every 10 trust consumer opinions online. Interestingly, the next most trusted form of advertising was brand websites (70%), followed by editorial content from media (69%), brand sponsorships (63%) and TV ads (61%). The least trusted forms of advertising globally were mobile text ads (24%), followed by online banner ads (33%), online video ads (37%) and ads served in search engine results (41%).
"The explosion in consumer generated media over the last couple of years means consumers' reliance on word of mouth in the decision-making process, either from people they know or online consumers they don't, has increased significantly," Rebecca Tan, executive director, media group, The Nielsen Company Singapore, said in a statement.
"However, we see that all forms of advertiser-led advertising, except ads in newspapers, have also experienced increases in levels of trust and it's possible that the CGM revolution has forced advertisers to use a more realistic form of messaging that is grounded in the experience of consumers rather than the lofty ideals of the advertisers."
Online Ad Rates Picking Up, Print is free-fallingChart of the Day - Online Ad Rates Online display ad prices haven't fully recovered to last year's peak, but according to one source, they're getting there.
At the same time, the big business magazines are tanking along with the economy. McGraw-Hill is trying to dump BusinessWeek while it still can. Earlier, Condé Nast pulled the plug on Portfolio. And Forbes has shed a large portion of its staff this year. In Q2, magazine ad revenue dropped an average 22% year-over-year, according to the Magazine Publishers of America. The big business mags had it even worse: BusinessWeek was down 30%, Forbes down 35%, and Fortune down 43%. Even the Economist, which has outperformed its peers in recent years, was down 20%. (Subscription revenue and online revenue -- the lone source of growth for many publications -- is not included in these tallies.)
Most Engaged Brands On The WebStudy by Altimeter Group and Wetpaint
The study scores the engagement level of each of the top 100 brands across more than ten social media channels, including blogs, Facebook, Twitter, wikis, and discussion forums. Starbucks scored the highest, with 127 points. The top ten brands are:
Image-Centric Advertisement PlatformMicrosoft Research TechFest 2009 Virtual Event Room In existing online-advertisement platforms, the relevance between advertisers and users is decided largely by advanced keyword matching. Typically, in a pay-per-click model, advertisers specify the words that should trigger their ads and the maximum amount they are willing to pay per click. When a user enters a search query, browses a Web page, or interacts with text, the advertisement platform will select and show relevant ads based on the text content in the query or the page. Though other context, such as location, time, and user profile, can be taken into consideration, text understanding remains the main technology. We will present an image-centric advertisement platform in which advertisers bid on images instead of keywords. For example, a toy seller could bid on the image of a related movie poster, while a restaurant could bid on the image of a cooking-magazine cover. Users would receive ads based on the content of images they recently browsed or used. Components of this platform include an advertisement editorial tool and image-content-understanding, imagematching, and user-understanding.
The Power of ColourThe colour of money - Change Agent (by Synovate)
The retinas in our eyes have three types of cone-shaped colour receptors, which can only detect red, blue, and green, the additive primaries. But our incredibly clever brains can mix and match these three colours, creating 7,000,000 visible shades and tints. Some of which appeal to us more than others. The theory is that each colour evokes an emotional response in humans, and the level of emotion detected in that response describes the respondent’s personality.
Colours are used in supermarkets, to invoke our emotions into spending more money red is used because it stands out above all other colours, also it causes our adrenaline to start and makes heart beat faster. Blue is used as a trust symbol blue invokes trust, green makes us think of fresh.
Digital Advertising TrendsThe Consumer is control and ignores standard Advertising. He spends most of his time online and the online populations in Asia are exploding. Advertisers are trying to keep up and struggling with finding the right way to reach and engage them in a meaningful manner. Presented at the APC on 17.07.09 in Manila, Philippines by Chris Schaumann:
Planner’s Digital DilemmaThe Planner’s Digital Dilemma – Online Research from Microsoft Atlas Institute Existing media planning tools may help identify sites that have the highest concentration of a target audience, but digital publishers write contracts in terms of ad impressions. So brand marketers are left to guess if the plan that nets out to an $18 CPM is better or worse than the $9 CPM plan. This Digital Marketing Insight will bring traditional media planning to digital media.
The shape of the curve explains why doubling the impression size of a buy will not result in doubling the audience for that buy. Example of a shorthand technique for calculating digital media plan audience metrics.
Social Influence Marketing ReportFluent: The Razorfish Social Influence Marketing Report « Amnesia Blog
This report highlights how Social Influence Marketing encompasses every part of marketing and every dimension of an organisation, as well providing a new metric for the measurement of SIM.
How are consumers influenced by social media as they move through the marketing funnel, as well as the frequency of consumer interaction with branded content and the types of brand affiliations that consumers gravitate toward within the social media landscape. Known peer influence tops the list, but social media — including corporate and independent blogs produced by key influencers — and user-generated content (UGC) from social influencers, play an influential role that meets or beats traditional marketing efforts.
Social CRMConvergence of Social Media and Traditional CRM - Next Generation Listening and Engagement Social Media Monitoring systems now offer social CRM solutions. Social media, customer support, and sales teams can use these capabilities to associate and cross-reference social web content with customer and prospect information. Enhanced capabilities and features to help companies and agencies answer the question: "How well is our brand performing across the web?"
Post written by Paul Greenberg on How a Social CRM System would work and how it would relate to channels like Twitter: “Twitter's benefit and its relationship to CRM is that it is a location, a community of people who are engaging with their peers in honest open discussions about things that benefit or hurt specific businesses, among many other things. Because there are operational CRM tools and will be new tools that can potentially tie business rules and workflow, processes and systems to communities of prospects and customers who are conversing, then a channel or location like Twitter becomes eminently valuable. The first reason? Because a problem can be monitored, noticed and acted upon. The second reason? Because gathering data on the actual discussions around brands - both yours and competitors is invaluable.”
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