Welcome | View My Profile | Sign Out
MediaPost Home About MediaPost Privacy/Terms Media Kit Sitemap
Publications Home News
Online Media Daily Media Daily News Marketing Daily Mobile Marketing Daily Search Marketing Daily
Daily Feed> Email Daily Feed> Video Daily Feed> Social
Online Blogs
Online Spin Email Insider Search Insider Behavioral Insider Online Publishing Insider Mobile Insider Video Insider Gaming Insider Performance Insider Metrics Insider Social Media Insider Just An Online Minute Daily Online Examiner Raw Blog
Media Blogs
Research Brief Diane Mermigas:On Media TV Watch TV Board Magazine Rack Media Creativity Notes From the Digital Frontier Digital Outsider Mad Blog Red White and Blog
Marketing Blogs
Engage:Hispanics Engage:Kids 6-11 Engage:Moms Engage:Boomers Engage:Gen Y Engage:Teens Marketing:Green Marketing:Sports
Magazines
OMMA Magazine Media Magazine
Subscribe
Feedback Loop RSS Feeds Archives Subscribe
Dec 2 Search Insider Summit (Utah) Dec 6 Email Insider Summit (Utah) Jan 11 OMMA Agency of the Year (NYC) Jan 12 MEDIA Agency of the Year (NYC) Jan 26 OMMA Social (San Francisco) Jan 27 OMMA Performance (SF) Feb 24 OMMA Metrics Measurement (NYC) Feb 25 OMMA Behavioral (NYC) Mar 15 OMMA Global (San Francisco) Apr 14 Search Insider Summit (FL) Apr 18 Email Insider Summit (FL)
Recently Concluded Events
Nov 3 OMMA Adnets (NYC) Oct 30 OMMA Video (LA) Oct 29 OMMA Mobile (LA) Oct 29 OMMA Mobile & Video (LA) Sep 23 Creative Media Awards (NYC) Sep 23 The Future Of Media (NYC) Sep 22 Online All Stars (NYC) Sep 21 OMMA Awards (NYC) Sep 21 MediaPost Live at Advertising Week All-Access (NYC) Sep 21 OMMA Global New York (NYC)
All MediaPost/OMMA Events Event Blogging Past Event Videos
Industry Events Calendar
2010 OMMA Agency of the Year 2010 MEDIA Agency of the Year
2009 Creative Media Awards 2009 OMMA Awards 2009 Digital Out-of-Home Awards 2009 Media Agency of the Year 2009 OMMA Agency of the Year
All Awards
Employment Situations Wanted Services Offered Post a Job
Briefs Reports Online
MediaPost Directories
Mobile Insiders Group
People Finder Edit My Profile View My Profile My Contacts My Calendar
HOME • MANAGE SUBSCRIPTIONS • MEDIA KIT
Say Goodbye To Experimental Spending In 2009
by Mark Walsh, Wednesday, November 5, 2008, 3:37 PM

SHARE

TOOLS

RELATED ARTICLES
TAGS:  Online, Media Buying

MOST READ

Spending on emerging media such as social networking sites, digital out-of-home and mobile is likely to contract next year as marketers tighten ad budgets because of the worsening economy, a group of agency and brand executives said Wednesday.

"09 is not the year for testing," warned Donna Speciale, president of investment and activation at MediaVest USA, speaking on a panel at ad:tech New York on media planning and buying in the digital era. "Brands want to stick with areas that are tried and true."

Quentin George, president, global digital strategy and marketing innovation at Universal-McCann, agreed that marketers are likely to be less adventurous in exploring newer platforms in the midst of a severe downturn. Even if funding for more experimental campaigns doesn't completely dry up, projects will take longer to complete. "A cool idea that might have taken two months to complete might now take six or nine months," he said.

The grim outlook for ad spending into next year is bad news for much-hyped categories such as mobile and digital out-of-home advertising. "With the economy the way it is, (mobile) is one of the least areas clients are going to be looking at because it's more of a test-and-learn situation," Speciale said.

Bob Thacker, senior vice president of advertising and marketing for OfficeMax, compared mobile to soccer: "It's popular in the rest of the world, but we haven't learned how to play it yet." From a media-buying perspective, Matt Spiegel, CEO of Digital Omnicom Media Group Digital, added that mobile is "just complex to buy at scale." Couple that complexity with more austere budgets and mobile becomes even less desirable as an ad option.

What would encourage marketers to spend more on social media and other newer platforms? More uniform audience and engagement metrics. "What we don't have is a consistent metric," Speciale said. "We need to have something clients can feel comfortable with so that if I take budget out of TV (spending), I can show value for it. That's where the disconnect is."

Spiegel said the lack of consistent measurement is not going to change until agencies and advertisers can get the same results from key Web ratings services such as Nielsen, comScore and Quantcast.

George argued that a lack of standard metrics should not hold back marketers that are pushing into social media at this early stage. "We know consumers are there, we know what behavior is there, and the more we capitalize on the opportunity, the more money will flow," he said.

Speciale also took issue with the inference of moderator and BusinessWeek media columnist Jon Fine's question that spending should be higher on emerging media. Assuming that about 2% of marketer budgets are earmarked for that category, she said, "I don't think the money in digital is bad." She explained that clients had rushed into digital because they were afraid of getting left behind, as they may have in the past with the advent of cable TV.

"Now everyone is taking a step back and saying, 'let me look at the overall picture here," she said.

Not everyone is planning to do away with experimentation. OfficeMax's Thacker said leaner times can also drive greater innovation. With the office supply chain reducing its marketing spend in the last few years, "it really focused us early on to take radical steps. It allowed us to experiment," he said.

A product of that testing was OfficeMax's wildly popular "Elf Yourself" viral campaign launched in 2006 that let consumers send messages of themselves as singing and dancing elves. Thacker said the Elf Yourself site was one of 20 promotional sites the agency Toy had created for OfficeMax. "We threw out 20 sites at once, and one of them went into the stratosphere," he said.

So what will the 2008 edition of Elf Yourself bring? "This year, we're going to be selling elves," said Thacker, without offering further detail. "Stay tuned."

3 people recommend this article. 



AUTHORS

ARCHIVES

Recent Online Media Daily Articles
'Grey's Anatomy' Sires Web Series Spin-Off   
Extending one of its more popular brands online, Disney/ABC Television Group on Thursday debuted an original...
New Dynamic Logic Service Brings In-Ad Surveys   
As an advertiser, how would you like to get instant feedback on an online ad right...
Social Media Fires Up Video Game Marketing   
Facebook and Twitter campaigns have fueled the fire of video game marketing by augmenting traditional widgets...
Study: Consumers Value Traditional Attributes In Online Brands   
While Google remains consumers' favorite online brand, Yahoo and Amazon are not far behind, according to...
Microsoft Targets Television Advertisers For Xbox Live, Embeds Nielsen Measurement In-Game   
Supported by Nielsen, Microsoft unveiled the first pilot Thursday on the second season of the Xbox...
Lawmakers, Inching Toward A Privacy Bill, Question 'Data-Mining Reapers'   
Lawmakers Thursday questioned whether businesses are amassing too much data about consumers without their knowledge or...
Most Mobile Users Indifferent To Or Don't Want Ads   
Nearly four in 10 consumers don't want to receive mobile ads for any reason -- and...
LinkedIn Launches Custom Groups For Marketers   
Expanding its monetization efforts, LinkedIn is launching a new program allowing marketers to create sponsored groups...
Judge Green-Lights Class-Action Against Citysearch   
Dealing a blow to IAC, a federal judge has decided that disgruntled online marketers can proceed...
Verizon App Offers All-In-One Easy Access to Social Nets, Twitter   
Verizon Wireless has partnered with iSkoot to launch an application promising easy access to popular social...
>> Online Media Daily Archives 
ABOUT MEDIAPOST • MASTHEAD • MEDIA KIT • RSS FEEDS • PRIVACY/TERMS & CONDITIONS
©2009 MediaPost Communications. All rights reserved.
1140 Broadway, 4th Floor, New York, NY 10001
tel. 212-204-2000, fax 212-204-2038, feedback@mediapost.com