Online Video Explosion Causes Marketing Panic

August 6th, 2008

You have probably heard the predictions that ad spending for online video and rich media will more than double in the next four years. The claims are impressive – considering this means there is a 4 billion dollar gap in the industry which is pretty much up for grabs.

It’s no wonder the blogosphere is suddenly rife with topical studies explaining, unpacking, de-constructing and de-bunking the hype surrounding those two little buzzwords: “online video”. Sharks - sensing blood in the water but unable to tell exactly where it’s coming from or how to get it - starting to thrash about in the hope they come off as the big fish… at least, that’s how it appears from this corner of the ring. This subsequent feeding frenzy from marketers nakedly positioning themselves as expert in the field – all offering snippets of insight into online video content strategy without actually saying a great deal other than “use interactivity” – sniffs of panic.  But it’s better to be seen to be saying something about the next big thing than seem to be missing the boat.

The sudden ‘phenomenon’ is nothing new. Google saw it coming and bought in big time a couple of years ago. Before that there were abundant stories of canny self-marketers creating quality viral video content to promote their art, life or work. Eventually bandwidth technology caught up with increasing demand, and finally - traditional advertising agencies are getting to grips with the fact that this stuff can really work. The only problem is no-one seems to be certain exactly how.

The burning debate amongst the marketing commentariat seems to focus on differences in format, placement or delivery methods.  “Don’t use your traditional TV strategies!” cry out the people in the know.

Well, duh. The fact is, the playing field has not shifted all that much. Advertising strategies - no matter what the medium – succeed or fail on the basis of quality content.

Knowing the context of your audience’s engagement with your message is the central difference between TV & online video advertising.  So whether you’re using banners, pre-roll, product placement or Video EDM Cards (our preferred option) – a considered approach to the content and message will translate into a successful campaign. It doesn’t matter how, when or where you see it - bad ads are bad ads - that’s all there is to it.

Look out for a series of upcoming posts detailing the various strategy options for online video delivery, the whys, wherefores and how-to-handle’s.


What I learned about marketing from The Joker

August 6th, 2008

I have never really anticipated a film release as highly as I did this latest Gotham City adventure flick The Dark Knight. As a bona fide Batman devotee since childhood, I was fairly impressed with Christopher Nolan’s prequel, as well as actor Christian Bale’s reflective interpretation of the character flaws and inherent contradictions of Bruce Wayne’s alter ego.

Nolan has consistently delivered strong storylines and told them by bending the rules of narrative enough to keep his audiences guessing, so I was surprised in the pre-release publicity to read that this was the first film where he had stuck to a fairly traditional story structure. Surely the man who gave us Memento & The Prestige in such distinctive style – flipping back and forth in time with skill and subtlety to tease our imaginations could work wonders with a psychotic clown bent on messing with the minds of Gotham’s finest?

And that’s another thing – the prospect of Batman’s darkest and deadliest foe The Joker - as portrayed by Heath Ledger had me hooked from the moment I heard he had been cast. Ledger is consistently good across his career but this was cast completely against his type – and somehow exactly right. So it’s fair to say I walked into the cinema with expectations approximating the height of the average cumulus cloud.

I learned my lesson from Star Wars: Episode One and know that high expectations can lead to higher disappointment. Incredible hype surrounding a product or service means you had better deliver – or you will end up looking like a pale imitation of yourself. Like those pre-bought cake mixes or the execrable Indiana Jones sequel – if the product is not as good as the packaging promises – you’re left with a funny aftertaste.

But in this case, the result is something you hope will never end. You’re left wanting more, but in a good way. My point? Marketing your business to the masses is a fickle game. Promise too much and you’re on thin ice to ensure you live up to your publicity – but promise too little – and you’re in danger of having no one notice or care.

The solution? Well, it helps to create intrigue without giving too much away - there’s no magic formula for marketing gold. But you can take a leaf from The Joker’s book. Plan well in advance, take everyone by surprise and always have an Ace in the Hole.


the Five Golden Rules for writing effective copy

May 13th, 2008

1 Don’t Lie: Customers know when you’re making it up. Our approach is simply to state the truth about your product’s benefits purely and effectively. There’s plenty of room for razzle-dazzle – but don’t forget the facts. These things make your customers choose you ahead of the competition. Some might call this ‘truth in advertising’ – we call it ‘trust’.

2 Know your history: We incorporate solid research into our copy and design, which informs and benefits the whole campaign presence. This creates an implied depth of understanding with your customers and an emotional engagement which transcends across media forms.

3 Life is short: People haven’t got time to sort through the millions of ads & brands out there. We hate to say it, but they just don’t care. That’s why we’ll offer something rewarding, so they can take away a little piece of joy from the brand experience. An emotional response has impact, it lasts. And that’s what we’re bringing to the table.

4 Emphasise the benefits: We know you love your product and all its wonderful features. But the fact is your customers just want to know what’s in it for them. So we’d rather just cut straight to the point and tell them. That’s why talking up the benefits to the customer makes so much more sense than carrying on about all the features. (Don’t worry, they will notice – just in a more subtle way).

5 Empathy will get you everywhere:
You know who understands your product better than anyone else? They’re actually the biggest expert in your industry and they’re willing to tell you exactly what you’re doing wrong. They just walked through your door. It’s your next customer. Understanding that it’s all about them is the fastest way to sales success. So take a moment. Think about what your customer really wants. And they’ll love you for it.


You just lost another customer because you read this twice

November 23rd, 2007

You did, didn’t you? I’ll talk about your lost customers later but there’s something about seductive copy that compels you to do things without knowing you’re necessarily about to do it. Like when I tell you that there’s an important point at the end of this, but you need to read the whole thing to understand it, you’ll still skip to the end.

As a lover of literature I never understood skipping to the end. But in advertising - particularly copywriting, there’s no time to stop and smell the coffee. Clever turns of phrase are of no interest. You either have their attention, they keep reading, or you’ve failed.

In literature, awards are give out for the most convoluted waffle you could possibly imagine. Who knows, maybe that’s how they do things in Cannes too - but still, no-one cares. Your client doesn’t want awards, they want a result. They want sales.

Which comes back to my original headline. You’re losing customers. You may not even be selling anything! But you’re running out of time. Stop reading this blog now. It’s the power of suggestion. You’ll do what I say. I was just kidding about there being an important point at the end of the blog. Or was I?


i hate to pick on easy targets…but this one’s as American as Apple Dubai

November 19th, 2007

While major media networks are still scratching their heads at why people would rather switch online for their news and entertainment, Fox Business Network has presented an open-shut case. A recent broadcast announced that Apple were purchasing an 8% stake of AMD (a manufacturer of computer chips) - big news indeed, seeing as AMD are the main competitor for Intel, (which are often found inside Apple computers)

The network had graphics and commentary at the ready about this seismic shift in the playing field from a panel of experts - until the commentary rapidly degenerated into farce.

CONTRIBUTOR CHARLES PAYNE: “…I gotta tell you, Peter, I think it’s a smart play by both companies to get involved with each other.”

BARNES: “And we are getting some more news (inaudible)”

GLICK: “That, oh, it’s not Apple. Let me just correct ourselves here. It is not Apple. (cross talk) Alright, I’m sorry, we got a little ahead of ourselves here on that. Um, Apple Dubai? Abu Dubai.” [sic]

BARNES: “Oh, the ah… the Arabs. OK.”

GLICK: “Oh, OK, there we go. (Laughs) We thought it was Apple! We got so excited about it!”

BARNES: Yeah, how did? yeah, anyway, we apologise

LIZ: They gotta put their petro-dollars somewhere, right?

BARNES: Yeah, Abu Dubai has a big investment company, theyve been making a lot of big investments here in the states, and so obviously, now - not Apple, but Abu Dubai-

LIZ: Well we gave Steve Jobs a great idea!

For the record, Abu Dhabi is the member state of the United Arab Emirates who have invested in AMD, Dubai on the other hand is a separate member of the UAE who had nothing to do with the deal at all. Abu Dubai (or Apple Dubai) are fictional creations of the Fox Network who are probably suffering more than anyone from the writer’s strike and have wandered into fantasy.

A great idea it may well be - but something tells me Steve Jobs gets his financial advice from someone with a slightly better knowledge of international affairs (or basic geography).

While there must be some people out there who do watch Fox for their daily news, episodes like this are cause for concern in terms of their analysis, or level of research, or fact checking, or having any real credibility whatsoever.

Personally i choose online resources like C-Net or Sesame St for my newsfeeds and updates. TV just doesn’t cut it like it used to.

sincerely.


Another Brick in the Wall? the great facebook conundrum of our age

November 15th, 2007

The final battle between myspace and facebook may rage for generations to come. While many have chosen their side and will defend it to the bitter end, your workplace procrastination time has never been more highly sought after.

Then of course there are those who scowl and cringe at the very thought of releasing their precious personal data into the hands of (faceless) e-marketing giants. Conspiracy theorists - many of whom are members of the sites themselves - question the good intentions of social networking and third party developers, leaving the great unwashed with some tricky decisions to ponder. Are the designers of scrabulous just compiling a massive database of etymologist personal data? To face or not to face?

Once plugged into social networking sites we are then faced with a myriad of other difficult concerns - Vampire or Werewolf? FunBlog or SuperWall? I recently had the satisfaction of tearing down most of my walls after suffering a severe bout of facebook claustrophobia. And yet, one by one, they are rebuilding… (I now have two, no ceiling - open plan living is very much in the mode) .

Then there’s the recent story I spotted on CNet about the student who changed her name on facebook as a social experiment. How long would it take for people to start calling her by a different name? Then she got tired of waiting and tried to revert back to her actual name. And facebook won’t let her.

So now she’s stuck in the digital world forever as someone new. Apparently some of her real life acquaintances have started calling her by the new name, having forgotten who she once was. Seems like her social experiment has all gone horribly wrong! The power of facebook is such that if it’s on the wall - it’s true for life…

And while the poor young lady in question might be scratching her head over how seriously her peers take her facebook status updates and name change - what strikes me as most interesting about this story is how seriously facebook are taking her request to change back. They have a strict policy on user-ID which implies (not suprisingly) that someone, somewhere is keeping a very close watch on the 50 Million users’ personal data. And they don’t like it when you rock the boat…

It’s all very intense for a site which epitomises time-wasting silliness (i am a level 17 purpabit if anyone cares to meet me in the battlegrounds for a duel)…

Personally I have used a pseudonym on facebook from the day I signed up, not out of any conspiracy fear but from a simple desire to be that much more anonymous. Of course there are privacy settings but to me, it is a matter of principle.

I may yet live to rue that decision…

yours in total facialness

Digg

the anvil