The 30-Second Ad is Dead, Long Live the 30-Second Ad, Maybe
MediaDailyNews today kicks off the first in an occasional series of guest columns penned by thought leaders from Publicis Groupe's Starcom MediaVest Group. Our first guest columnist, Jeff Marshall, is senior vice president-director, Starcom IP, the company's digital business unit. As a founding member of Starcom IP, Marshall oversees agency operations and digital media strategies for Starcom clients.
The broadcast upfront season is upon us. Cocktails and finger food will once again be used to help media buyers swallow cost per thousand (CPM) increases and audience erosion. What is a buyer to do? Go online young buyers!
With the breakneck increase in broadband access to the Internet, streaming and cached video have created a new period of evolution online: The Entertainment Age. We are now officially beyond the text heavy and simple graphics of information/news, communication (email and instant messaging), and commerce. The PC world can now lay claim to sight, sound, and motion in the context of reaching sizable audiences for advertising purposes.
To provide some context on how dramatic this transformation from text to video is, see the comparison in timelines between analog and video evolution below:
INFORMATION Analog: Printing press (1440), Books, Newspapers Digital: Mosaic web browser (1995)
COMMUNICATION Analog: Telegraph, Telephone Digital: Email, Instant Messaging, VoIP
COMMERCE Analog: Catalogs Digital: ecommerce
ENTERTAINMENT Analog: Radio, TV (1925) Digital: Web radio, Streaming video, mass broadband use (2004)
While the analog world took 500 years to evolve, the digital world blew through the periods of information, communication, and commerce in nine short years. What are we going to do with such speedy advancement? Exploit the much loved 30-second ad, of course.
Admittedly, many digital marketing purists scoff at this notion as a crude, shortsighted, and unsophisticated use of interactive space. Well, in addition to providing reasons why those purists are missing the boat, I'm going to let you in on a big secret--these skeptics can't see the forest from the trees.
Let's start with the notion that the TV commercial continues to be the most coveted tool of the ad guy. To quote the Buggles, "Video Killed the Radio Star." Who hasn't been in on a discussion about TV's power through sight, sound, motion, and emotion? It is, and always will be the "killer app."
But why take it online?
Valuable audiences: The high-demand groups of trendsetters, early adopters, young people are accessing the Web via broadband connections in droves. Additionally, individuals with higher incomes and education make up a bulk of the users. Last time I checked, many clients want to reach and impact these target audiences.
Reach: Thirty percent of U.S. households will have broadband access by the end of 2004. Not bad, but how about the new daypart to reach mass audiences during the day? Over 90 percent of at-work Internet access comes via a broadband connection. (Please don't tell my boss about ESPN Motion or the Internet broadcasts of the NCAA basketball tournament.)
The Lean Forward vs. Lean Back experience: We've argued for years that the online experience is more high-impact and intimate because the viewer is only a couple of feet away from the screen versus 15 feet. However, with online video, there are additional elements that increase a brand marketer's value of the impression. Shortened content forms mean less clutter and a greater likelihood to view. (Bathroom breaks during the show when you request two minutes of content? I think not). Lastly, when users request specific content, they will be more engaged during the experience because they chose it.
So, you stuck around to hear the big secret. Show me the forest. I began by saying the TV commercial continues to be the most coveted tool in advertising. For the TiVo-owning folks out there, you probably already know that statement is a tall tale. No, I'm not a doomsayer, but change is on the horizon.
How will marketers adapt to the new world of ultimate consumer control and content/audience fragmentation? I argue that broadband is THE window to the future. Streaming/cached video online is essentially video-on-demand (VOD), which closely reflects the digital video recorder experience. No one knows for sure how the consumer will adapt to their new tools of control; however, lessons can be learned by paying attention to what works for marketers in broadband video. A glimpse into how we can create marketing success in a VOD and personal video recorder-controlled future can be found today. It is time for advertisers to buck up, because there is no better time than the present to look ahead.
Recent MediaDailyNews Articles
-
Traditional Radio Revs Flat, Digital Revs Up 9% May 19, 4:26 p.m.
Radio advertising revenues were flat at $3.5 billion in the first quarter of 2013, unchanged from ...
-
Original 'Voice' Judges Return May 17, 5:41 p.m.
The original quartet of coaches for “The Voice” will return for the fifth season this fall. ...
-
Van Wagner Partners With CineSport For Online Video May 17, 5:34 p.m.
Van Wagner Communications’ Sports and Entertainment division is joining forces with CineSport, partly owned by Van ...
-
'Idol' Falls, 'Bang' Leads Thursdays May 17, 3:38 p.m.
The TV broadcast network environment is definitely shifting -- as evidenced by the last major night ...
-
Sapient Revs Up 12%, Optimistic About 2013 May 17, 2:47 p.m.
Marketing services company Sapient reported first-quarter revenues of $292.6 million -- up 12% from the same ...
-
KSE Finalizes Outdoor Channel Buy May 17, 11:08 a.m.
An entity controlled by sports entrepreneur Stan Kroenke has finalized its acquisition of the Outdoor Channel ...
-
'Tonight' Still King Of Late-Night TV May 17, 10:49 a.m.
While NBC proceeds to set up its late-night changes for next year, "The Tonight Show with ...
-
U.S. Open Going Cable-Only, Moves To ESPN May 17, 9:18 a.m.
After decades on the network that saw stars from Ashe to Navratilova to Federer win, the ...
-
USA Looks To Make Comedy King In The New Season May 16, 10:22 p.m.
What do you do when you’re the last network putting on the last event of the ...
-
Comedy Central Goes Dark To Simulcast New Radio Channel May 16, 6:12 p.m.
For the first time since its tribute to Johnny Carson 20 years ago, Comedy Central will ...


Be the first to comment on "The 30-Second Ad is Dead, Long Live the 30-Second Ad, Maybe"
Leave a Comment