Hot Topic - Digital / Online Advertising
The interruption model has revered status within the advertising business and the media sectors dependent on them. Media consumers have groused for decades about ads getting in the way of favorite radio and television programs. Ad supplements falling out of the newspaper at most inconvenient moments can be irritating. The digital dividend has brought cool stuff to media consumers - and cool cash to providers - and easily excitable advertising people have fallen for the trap.
Major online platforms have been inching toward the publishing realm, off and on, for several years. Content producers are meeting this trend head-on, more or less, by forming alliances to bid-up negotiating leverage with media buyers and, to some extent, readers and viewers. The recent flurry is but the next round of big dogs circling the red meat of advertising.
Online advertising is certainly soaring. If the ad people are masters at getting their messages in front of people creatively, the media-tech companies are reaping rich reward by getting ads to pop-up everywhere in digital life. Big data – collecting, crunching and selling it on - is propelling it all. It’s more than a little creepy.
Faced with all the hype and hubbub from the masters of the digital universe, the advertising people have, mostly, turned to big data, big numbers and all the boring nerdy stuff. Being creative is less important in the world of Facebook. It’s all about targeting, efficiency and programmatic buying. Well, almost…
In the great department store of life, said a commentator lost to memory years ago, sports is the toy department. This makes sports the perfect pitch for the advertising people. And the digital age has given them more toys. Everybody is very happy.
Advertising people follow trends better than anybody. Their currency is the newest, latest and greatest. But the tools of the trade - slick phrases, clever visuals, unique display – aren’t what they used to be. The geeks have invaded. “Believe me,” said Don, “everybody thinks this is temporary.”
Online advertising is soaring. Ad buyers can’t get enough. New platforms and new devices have captured consumer’s attention. But the ad people trade on anxiety as much as optimism. Perhaps social media is replacing the traditional headache.
See also in ftm Knowledge
Media's transition from analogue to digital has opened opportunities and unleashed challenges beyond the imagination. Media is connected and mobile yet fettered by old rules and new economics. Broadcasters and publishers borrow from the past while inventing whole new services. This ftm Knowledge file explores the changes. 88 pages PDF (March 2012)
The Happy Advertising People
The advertising people are spending again. But things are different now and media people are feeling it. New media attracts attention and advertisers want to be where the action is. This ftm Knowledge file looks at the paradox of media and advertising. 120 pages PDF (September 2011)
Hot topics click link for more
Fake News, Hate Speech and Propaganda – new
The institutional threat of fake news, hate speech and propaganda is testing the mettle of those who toil in news media. Those three related evils are not new, by any means, but taken together have put the truth and those reporting it on the back foot. Words matter. This ftm Knowledge file explores that light. 48 pages, PDF (March 2017)
In the media sphere nothing is more important than knowing the audience. Once in a generation a target group evolves to catch the attention of publishers and broadcasters, advertisers and media buyers, social critics and politicians. The Millennials, also known as Generation Y and digital natives, are it, with unique characteristics and behaviors. They have already reshaped everything we do. 35 pages, PDF (December 2016)
State Aid - Media Rules
National authorities have at their disposal a variety of economic measures to stimulate, develop and improve competitive market sectors. Sometimes they miss the big picture or have special circumstances. Within the European Union an executive branch of the European Commission stands ready to clarify the rules of each and every game. State Aid rules are developing as the playing field gets bigger. 35 pages, PDF (September 2016)
More ftm Knowledge files here
Become an ftm Individual or Corporate Member to order Knowledge Files at no charge. JOIN HERE!