Results for March 2012

Digital snacking: A real storytelling meal?

Modern storytelling can be like snacking -- but not always all that nourishing.

Sure, you can tweet all your want. But what does that really tell you?

"It's like having a Twizzler," says Susan Credle, executive vp and chief creative officer of Leo Burnett Worldwide. "At some point you need a meal." Credle was speaking on a panel about creativity at the 4A's Transformation LA event.

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Does TV own digital? Or does digital own TV?

Ed Erhardt, president of global customer marketing and sales for ESPN says, in speaking at the 4A's Transformation LA event, there needs to be a lot more combined digital platform and TV deals.

"I don't want to do four digital deals; I want to do 150."  

The big issue for Erhardt -- does TV own the digital space or does digital own the TV connected space? This upfront might tell the tale he says in the next couple of weeks. "We need scale."

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"TV is your hobby; Radio is your companion," says Pittman.

Bob Pittman, chief executive officer of Clear Channel Media Holdings, talked up his industry, during the 4A's Transformation LA event.

"Radio is your view to the world -- nothing intrudes," he says.  Best of all, he says it's a "cheap way of getting a lot of value." Case in point, the average TV cost per thousand viewers, across all dayparts is $12.50. Radio? That comes to a $5.35 CPM.

Radio was the original "social media". "What radio does it replicate word mouth." What else for radio? Pittman says you can change the copy of commercials in less than a day.
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Digital part of TV's upfront? No breath-holding, please!

When will digital online sellers really be part of TV's big upfront selling process? Don't look for big changes anytime soon.  

"We can't wait for the upfront, clients want results tomorrow," says Quentin George, chief innovation officer of IPG Mediabrands, speaking at the 4'As Transformation LA event. "[But] it's not to say it isn't relevant anymore."

Josh Jacobs, president of Accuen Media says, for many in the digital space "the upfront process is an add on."

Brian Lesser, chief executive officer of Xaxis, says, "We speak to a lot of advertisers about shifting spending. [One of the problems are] ...» 0 Comments

Emotionally Attached To All Media

Due to its emotional attachment efforts, NewMediaMetrics has been able to accurately predict the ratings and ranking of all TV shows 80% of the time. No longer.

Gary Reisman, co-founder of NewMediaMetrics, said during the 4A's Transformation LA event, that last year the company couldn't keep up its performance level. He blames the array of new media platforms where to see TV shows -- Hulu, and the networks-owned video players. Emotional attachment needs to therefore be expanded.

"I'm a fan of big data," he says. ...» 0 Comments

Agencies No Longer Create Ads
Ad agencies have moved into the business of creating experiences, not ads -- Rob Gonda, Global Head of Emerging Technology & Innovation, SapientNitro, at the 4 A's conference in Los Angeles» 1 Comments
What Will Lead Ad Creativity: Technologists, Creatives, Or Someone Else
If advertisers want to see the future of advertising they need to look at the beginning of technology. By the beginning I mean the semiconductor and the components built into gadgets, where innovation first occurs. More agencies will begin to put inventions and innovations at the center of the agency. That's the consensus of The Future of Creativity breakout session, moderated by Winston Binch, Partner, Chief Digital Officer, Deutsch LA. At the 4 A's conference in Los Angeles. The moderator and panelists spoke about the intersection of technology and marketing, a topic near and dear to my heart. With a ...» 0 Comments
The Magic Of Twitter Retweets To Tell Stories
Nick Bilton, Bits lead blogger and columnist for The New York Times, said at the 4 A's conference in Los Angeles that one tweet from him was retweeted 380 times, which generated 9,520 clicks. He provided the example to demonstrate the power of social media, and help ad execs understand how to track influential tweeters.» 1 Comments
What WPP Invests In Google, Facebook, Twitter On Behalf Of Clients
At the 4 A's conference in Los Angeles, Sir Martin Sorrell, CEO at WPP, said the ad industry is reaching an inflection point. Google has become a friendly friendamee. It's become a more focused company under Larry Page, he said, but now has five legs, such as search, display, mobile, video, and social. WPP invests about $75 billion in advertising for its clients. Last year WPP invested $1.6 billion in Google, up to $2 billion this year; compared with $200 million and $400 million in Facebook. Last year, WPP invested $6 million in Twitter, but not sure what it will ...» 0 Comments
Technology Gives Power To Consumers
Jaron Lanier, Partner Architect, Microsoft Research, the father of virtual reality, said data and data analytics has destroyed more value than it created. Sir Martin Sorrell, CEO at WPP, disagrees. The change in the balance of power to consumers highlights political, social and economic benefits outweighing the disadvantages, such as privacy, according to Sorrell. The greater the size of Google, Facebook and others, the smaller the size of everything else, meaning technology eliminates jobs, Lanier said.» 0 Comments
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