December 10, 2010 § 1 Comment
Articles such as Dave Morgan’s recent Online Spin, “CBS Audience Five Times Bigger than Facebook” are always a good tonic for the raging hormones of the Internet. Dave was struck by a presentation he saw from legendary CBS researcher David Poltrak comparing the audience sizes of CBS and Facebook. According to Poltrak, in the month of October CBS attracted almost 240 million viewers. Facebook attracted 151 million unique users. But CBS’s viewers spent 210 billion minutes with the network in October while Facebook’s unique users spend 42 billion minutes with the social network.
That sounds about right. I recognize me in all of that just as I did last year at this time when Neilsen’s A2/M2 Three Screen report revealed that consumers were watching an average of 4.5 hours of television per day, compared to an average of 4 hours per week spent with the Internet. The television is never on during the day in our household but, by golly, at night the news, a couple of sitcoms, a movie, perhaps a cooking show or sports event will chew-up 4.5 hours of TV time before you know it. Then maybe someone will check quickly online for the weather before heading off to bed.
It all should remind us that the Internet is not TV – to repeat, not TV. I hate wasting time on the Internet. It happens, but it’s painful: there is a sense of loss, probably because any time spent online requires the engagement of the user; therefore, any time lost is more keenly felt. Not so TV, which is an effortless medium. It requires no engagement. It makes no demand on the user. Hence, you can be regarded as a potato while being an avid television viewer. Avid Internet users, however, are un-potato like. They are shut-ins, perhaps. Drop outs maybe. But, they are not vegetables.
Which may be a good way to launch into the media value proposition of 42 billion minutes vs. 210 billion minutes. One is mineral, one is vegetable.
October 12, 2010 § Leave a comment
Thank goodness Joe Marchese spotted the Economist piece, “The Return of Advertising: The Box Rocks”, on which he opined in his Online Spin column today, “Why television is Still King.” Per The Economist, advertising is leading an economic recovery driven by the resurgence of the 30-second commercial on TV. Per Joe Marchese’s Spin column, great, but The Economist also notes that, “Search engines and online banners are not nearly so good at making people aware of new products. Nor do they offer emotional experiences. Television’s ability to build brands by surrounding adverts with gripping content is unsurpassed.”
“…the differentiator is that television has created a system for delivering advertising in a way that fits with the medium and engages consumers, giving advertisements the ability to create discovery and tell stories. The Internet has the potential to offer marketers the same ability, but simply needs a better system than banners and search.”
I think Joe has it right in the first (two) parts and wrong in the third. Yes, the differentiator is that television created a system that fits with the medium and engages consumers. Yes, the internet has the potential to offer marketers the same ability (on which Joe has written eloquently for years). But, no, a system apart from banners or search is not required.
Indeed, look at search. Granted, search does not tell a lot of stories. But, man, is Google rich. Why? Well, its paid search business, inclusive of its substantial ad network, has done a good job of using the medium in a way that fits with the medium. The thing people need to do regularly online is search for stuff. Bingo, paid search!
The thing people need to do after searching for stuff is engage with what they came searching for. Bingo, display advertising. Except, that display can’t stop waving its arms and popping-up to shout, “Look at me! Look at me!” Display is dedicated to the proposition that it must be the center of attention, which is an attitude it picked-up from – you guessed it – television (okay, also radio).
There is nothing wrong with display. There is everything wrong with advertising expectations. And when the internet stops trying to be something it’s not (television), it can get on with fitting-in.
September 2, 2010 § Leave a comment
Here’s a companion piece to yesterday’s blog, Privacy Business. From MediaPost’s Marketing Daily comes the news that American Express has wrapped-up a study of four billion transactions across 90 million cards to glean the shopping behavior (operative word: “behavior”) of card holders. Some of what the report says they know (operative word: “know”):
3. Purchases – where and how much
And, of course, they have the names, addresses and telephone numbers of everyone in the study; but that’s beside the point, which is that AMEX has aggregated some very useful behavior information (operative word: “behavior”), and it wasn’t until I was half-way through the article engrossed and thinking, “Well, that’s interesting”, and “Gee, how about that”, that it washed over me: wait…isn’t this, like, the online privacy issue in a credit card bottle? These are consumer behavior segments we’re talking about here, are they not!?
Oh yes they are.
Peering closer at the article I reached my hand in and felt around. “Please don’t bite me,” I thought, ready to recoil in an instant should anything slippery clamp hold of my wrist, pull me in or try to steal my wallet.
Guess what? Nothing. Not even a nibble.
July 14, 2010 § Leave a comment
UPDATE (“Nothing Says Global Village like Football”): More World Cup numbers – this time online World Cup numbers courtesy of a story in MediaPost’s, OnlineMediaDaily newsletter. In summary, from the report:
Time spent consuming World Cup content across all of ESPN’s online and mobile properties, for instance, totaled nearly 4.9 billion minutes over the 31 days of the tournament in South Africa from June 11 to July 11.
Increasing enthusiasm for the sport [in the U.S.] was also highlighted by audience data Nielsen released Tuesday for the official Web site of FIFA, the governing body for professional soccer. Visitors from the U.S. were second only to those in Brazil in average time spent on the site in June, at 21 minutes, 41 seconds, among 10 major countries.
One can begin to visualize an important partnership between the World Cup and the internet. They are nearly alone, together, as cross-border actors on the global media stage. Keeping in mind MagnaGlobal’s recent forecast of $100 billion in global internet ad spending by 2015, the 2014 World Cup event in Brasil heralds a watershed moment.
It might be worth circling the months June/July 2014 in the calendar with a note in the margin: “Internet comes of age.”
May 20, 2010 § Leave a comment
Meeting with PR people this morning (Kel & Partners…great team) someone asked what was the best thing to result from the Internet market over the past 15 years. My answer was paid search, which characterized the opportunity online for what it is now and will be in the future: the chance to feature the right message in precisely the right place at precisely the right time.
Second question, of course: what was the worst thing to result from the Internet over the past 15 years. My answer was the fact that the market was co-opted at the start by technologists and financial opportunists that postured advertising was broken and they were born to fix it, the effect of which over the long-term has been – well – exactly as reported in a piece that Online Media’s “Around the Net” spotted in The Onion today titled, “New Social Networking Site Changing The Way Oh, Christ, Forget It.”
From New York, The Onion’s reporter writes:
NEW YORK—While millions of young, tech-savvy professionals already use services like Facebook and Twitter to keep in constant touch with friends, a new social networking platform called Foursquare has recently taken the oh, fucking hell, can’t some other desperate news outlet cover this crap instead?
Explaining, the reporter adds:
By “checking in,” users can earn tangible, real-world rewards. For instance, the Foursquare user with the most points at any given venue earns the designation of “mayor” and can receive discounts, free food, or other prizes that, quite honestly, we’re thoroughly disgusted with ourselves for having actually researched.
In addition, please, kill us already.
You have to love honest reporting. Likewise, truth in advertising. Maybe the best thing to result from the Internet in the first 15 years is The Onion.
February 11, 2010 § Leave a comment
This picture (below) was included as part of a report in MediaPost about a new laboratory opened by Metrics Marketing to help seekers unlock the truth about consumer eyeballs and the pattern in which they absorb the reflected light bouncing off web pages – or, more specifically, the pattern in which they absorb the reflected light bouncing off the advertisements on web pages.
Eye-tracking technology is not new, but this most recent announcement and the picture of the young woman with the cool binoculars is the inspiration for a further and perhaps final step in the evolution of new media – one that might put an end to the worry about what happens to media dollars after they are converted to electrons and released to spawn in the open waters of the marketplace.
Let’s give everyone a pair of eye-tracking binoculars in exchange for free content. Order two cable boxes and get four pair of binoculars. Enter the proper code to view programming for free through the binoculars. Ditto Internet service. As long as you are wearing the binoculars in front of your screen, the Wall Street Journal online will cost you nothing.
The same opportunities are present with digital out-of-home and mobile. Wear the “binocs” around town and in the car (high-definition, polarized sunglass lenses optional) and earn credits redeemable at participating retail establishments. iApps are available for the binocs that transfer images to built-in heads-up display technology. Experience what it is to talk to the avatar images of your Facebook friends while navigating through the urban jungle thanks to Google maps. Binocs also comes with free, six-month satellite radio trial.
Media. Strap it on. Help end the madness.