Believe it or not, you may be a SuperTron – a technology enthusiast considered part of the early adopters phenomenon.
In his book "Click: What Millions of People Are Doing Online and Why It Matters", author Bill Tancer emphasizes the critical role that SuperTrons play. Specifically, the author analyzes the new generation of consumerism in a way no other has before, showing how we use the Internet, and how those trends provide a wealth of market research nearly as vast as the Internet itself in attracting and using SuperTrons as a defined segment to market to.
Why does this all matter?
The insight into the new media habits of an early adopter consumer will be valuable for media companies, tech firms and cable and satellite operations that want to reach this segment but also tap mainstream as well.
An excellent example of a web site that resonates with early adopters is the recent launch of “Nat Geo” music service. National Geographic tapped the behavior that drives SuperTrons to ‘get the word out’ thereby pushing their web site to the mainstream.
Resources
Early Adopters - Defined
National Geographic Music Site
Buy Bill Tancer's Book
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The OMMA Awards celebrate the year's most innovative and brilliant online advertising creative, campaigns and Web sites across 35 categories within these three disciplines.
The OMMA Awards for Online Advertising Creativity were created in 2006 to honor the brand marketers, agencies and content providers who continue to push the potential of online advertising creative. This year they've added two new categories: The OMMA Awards for Integrated Online Campaigns and the OMMA Awards for Web Site Excellence.
The online medium is the most fertile canvas for innovation and creativity, and the OMMA Awards salute the stars that shine brilliantly among us.
See web site for details and entry form.
View last year's winners here.
Good luck,
Denice MacDonald
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If you are looking for the technology to put your video on the web, the variety of choices can be staggering. That’s because as web video has flourished, so have the number of companies providing the tools to deliver video across the Internet. Large media companies and individual video bloggers can now choose from among multiple firms when looking for a web video product. Many of the technology providers are quite similar and anyone in the market for a web video platform should 'test the waters' and try out the ones that seem like the best fit.
Web video technology services can be divided into the following categories:
CONTENT MANAGEMENT: The process of ingesting content, moving it around, converting to different files and organizing video properly before it goes online.
PROGRAMMING AND PUBLISHING: The presentation of the video on the web site, including the player and the playlists.
DISTRIBUTION: Delivering the video across the web, to either the main site or to distribution channels and portals.
MONETIZATION: Making money off the video, by integrating advertising or offering video on a download or pay-per-view basis.
REPORTING: Providing analysis and reports on number of views, length of views and other similar data.
Check out these vendors and resources:
Dragonfly (world-class multi-media content delivery network)
Kickapps (great for online communities or any type of 'sharing' portal)
Maven (online video advertising)
Magnify (good for both b2c and b2b)
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We've been sitting on the sidelines watching with wonder the latest Yahoo - Microsoft - Google triangle of events. Finally, an outcome worth commentary. I agree with Venture capitalist Fred Wilson that Yahoo did the right thing by choosing Google over Microsoft as a partner.
Wilson contends, "Yahoo! finally woke up and did what they should have done years ago, cede search monetization to Google who simply does it better and will always do this era of search better than anyone else. Now Yahoo! will do what it needs to do. Clean house, get lean, and get out of businesses it shouldn't be in. Focus on what it's good at. And start making money and growing again. They may need new leadership to do that. But selling this asset to Microsoft just because they had the wrong leadership and probably still have the wrong leadership is a mistake."
Google CEO Eric Schmidt couldn't be happier. In a press statement he indicated: "This commercial agreement provides Yahoo with the opportunity to deliver more relevant ads to users and provide advertisers and publishers with better advertising technology to help them succeed in their own businesses. This agreement will preserve the competitive and dynamic online advertising space."
It will be interesting to see if Yahoo can redefine themselves in short order and do what they have to do to keep everyone happy - but partnering with Google will lessen the burden. It will be interesting to watch and we certainly will learn a lot. That's the best part about being the small guy on the sidelines.
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Time for some agility.
This is a great ramp up of what changes are occurring in 2008 – specifically the author provides insight into how marketing and advertising agencies will need to be agile in responding to fast-paced change and the digital demands of their clients. Although this article is directed more purely to the ‘ad agency model’ – there’s a bit of credence for marketing communications as well.
Read Article
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Ten Key Online Predictions for 2008
eMarketer has issued predictions for 2008 in key online areas, including those related advertising, videos, social networks, e-commerce and entertainment, saying online advertising will ride out potential economic storms in the US - and YouTube will decide political elections.
The 10 predictions for 2008 according to eMarketer:
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Online ads remain resilient.
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Video surge slows.
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Social-network advertising hits $1.6 billion.
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Networking goes beyond MySpace and Facebook.
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YouTube decides the election.
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Beijing Olympics pumps up ad spending.
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Buy online, pick up in-store becomes expected feature.
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Movie downloading hits the mainstream.
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Music marketers roll out new business models.
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Dynamic ads heighten gaming revenue potential.
Social Network Usage
Social networking will remain a key online activity, with 44% of US consumers using social networking at least once a month in 2008. While MySpace and Facebook will continue to dominate the market, changes are taking place that will extend social networking activities beyond a single destination site.
Profiles will eventually become portable, meaning consumers need only create one and be able to use it in many places on the web. Widgets that today work with only one social-network site will be designed on an open platform, extending their reach.
Activities such as online shopping, searching and even sending email will be enhanced with social-networking features. Moreover, much of the social networking strategy can also be applied to B2B applications with intranet scenarios.
For the top social networking sites thru November, click here.
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Continue marketing mix on all fronts.
The ZenithOptimedia report says that in 2008 television's share of ad expenditure will fall 0.3 percentage points to 32.4% in North America, and 0.5 percentage points to 30.4% in Western Europe. In the rest of the world, however, television tends to attract a much higher share of ad expenditure. The Olympics in Beijing are expected to give an extra boost to television in 2008, particularly in China and its neighbors.
The forecasts for internet advertising have been revised upwards. The report now forecasts 29.9%% growth this year (up from 28.6% three months ago) and 85% growth between 2006 and 2009 (up from 82%). Online video and local search are the new, fast-growing segments, but display, classified and the rest of search are still growing rapidly as well. Internet advertising is expected to account for 9.5% of all expenditure in 2009, fractionally up from the 9.4% forecast three months ago.
Newspapers are suffering the most from the depredations of the internet, which is better at delivering timely news and is an efficient substitute for newspaper classifieds. The study expects newspapers' share of world ad expenditure to fall from 29.0% in 2006 to 26.2% in 2009. By contrast, outdoor is in rude health, and is forecast to increase its market share from 5.6% to 5.9% over the same period.
My slant: Nothing has changed dramatically to assume that you need to do spending in one main category – rather, it is important to continue the marketing mix on all fronts. What is changing though (and I’ll send info on this the first part of the year) is the change in metrics from demographics to a blend of user targeted behavior (as a result of the current social networking boom).
|
Share Of Total Adspend By Medium 2005-2009 (%)
|
| |
2005 |
2006 |
2007 |
2008 |
2009 |
| Newspapers |
29.7 |
29.0 |
27.8 |
26.9 |
26.2 |
| Magazines |
13.2 |
12.8 |
12.5 |
12.2 |
12.1 |
| Television |
37.8 |
37.9 |
37.9 |
38.2 |
38.1 |
| Radio |
8.6 |
8.3 |
8.1 |
7.9 |
7.8 |
| Cinema |
0.4 |
0.4 |
0.4 |
0.4 |
0.5 |
| Outdoor |
5.5 |
5.6 |
5.7 |
5.8 |
5.9 |
| Internet |
4.8 |
6.1 |
7.5 |
8.7 |
9.5 |
| Source: ZenithOptimedia, December 2007 |
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I’ll be off most of next week so I’m sending my weekly blog piece ahead. I found the most incredible research paper on online advertising and emerging new media – link below.
Bottomline, information is the key hurdle to closing the gap relative to online advertising and emerging new media.
Of the hurdles mentioned within the brief, nearly 40% cited insufficient knowledge and 33% stated not having enough time to evaluate them. According to the study, Agencies did not score well in meeting advertiser information needs for "educating and exposing clients to new/emerging media".
Education is the opportunity as well as a great door opener to get other business – wrapped within the total marketing mix (for agencies: educate thru blog, agency white paper/case studies, boxed lunch seminar etc.).
Enjoy and Happy Thanksgiving.
Research Brief
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