Digital Insights for CMO's

April 27, 2013 09:16 by Denice MacDonald

I can't seem to get enough of CMO.com  -- Adobe’s content site created to provide digital marketing news and insight for senior marketing executives around the globe.

Its aim is to help CMOs stay informed and save time so they can more effectively lead their companies in the digital world.

Take for instance their "Insights" section that is routinely updated with curated content and posts from top CMO leadership with real-life stories and solutions.

Moreover, there is an "Events" section as well as a "Slide Shows" for additional thought leadership.

Here's a sample post well-worth the read:

The 10 Secrets of CMO Success - Know your audience. Build credibility. Use the right tools. Granted, tips like those might seem generic, but they are among the “secrets” CMOs and other high-level marketers attribute for their successes.

Check out their site - it will be worth the time.

Best,

Denice MacDonald


Always the big question: Is Print Dead?

April 21, 2013 08:33 by Denice MacDonald

As a content strategist, I get this question all the time. My response is always to say that the best way to market your business is to utilize as many channels as possible to reach every corner of your target demographic -- and this should not exclude print.

However, there are areas where print is on the decline and areas of print usage that we can't ignore. Whether online advertising, print lead-gen or even news print, the landscape for 'PRINT' is evolving quickly.

So to help you with your 'print' situation, I have gathered some interesting and timely articles for your use.

Print is Dead? Not so Fast! By Forbes [Article concentration on online advertising] by Forbes

Print is Dead! Long Live Print? [Article concentration on News, Print, Books] by TechCrunch

Is Print Dead? No...but mobile is the future [Article concentration on digital publishing, digital advertising] by InformationWeek

Poll: Is print Dead? [Article concentration on Magazines, Books and Large Print Publications] By Hype Beast

The Case is to Keep Print in Your Marketing Mix [Article concentration on print and brand – 10 steps for using print] by Folio Magazine

Best!

Denice MacDonald

For more learning, connect with Denice on Google+.


The Power of Earned Media in the Social Mix

March 20, 2013 06:14 by Denice MacDonald

Earned Media is basically free media. Earned Media specifically refers to publicity gained through editorial influence and has become the backbone of many social media initiatives and social content development strategies.

With so much user generated content these days, it would behoove an organization not to take advantage of the magnitude of earned media – integrating an earned media strategy during content conception into execution.

Definition

To get the definitions out of the way, those in the marketing and agency world are privy to the buzzwords “paid,” “earned” and owned.” Traditionally, they stand for the different types of media and can be easily broken down like this:

  • Paid: Buying a 30-second Super Bowl spot
  • Earned: Coverage on Mashable (aka user word of mouth)
  • Owned: Your company’s website

The business case for Earned Media

Don’t forget all content — whether it’s text, a video or a microsite — will be “reduced to a link” for social spheres making Earned Media an easy thing to do. There were 500 billion word-of-mouth impressions made by Americans online according to Forrester. Such volumes of word-of-mouth marketing can spread awareness of a product incredibly quickly, and it’s why earned media has become so important to a marketing campaign.

Understanding its usage

Let’s run through a scenario. Earned Media, for example, is what you get when you develop a connection with someone that’s compelled to write a Yahoo review, a blog post, a comment or a tweet, sharing their thoughts on your brand with their social network. It sounds simple but it does take forethought.

Specifically, you will need to develop a strategy at content conception and then filter everything through its earned potential. That is, did I get the right audience, is the content compelling to share (good or bad) and do we make it easy to ‘syndicate’ the efforts (share tools, icons, other channels and formats) and, most importantly, does it integrate nicely as a natural springboard from traditional paid or owned media?

More on Earned Media:

For Social Media Marketing, Earned Media Rules -- MediaPost

How Social Media is Changing Paid, Earned and Owned Media -- Mashable

Defining Earned, Owned And Paid Media – Forrester Blogs

Best

Denice MacDonald


Great Resource from Hinge: Marketing Planning Guide for Professional Services

November 18, 2012 14:01 by dmacdonald5

I get excited each time I get an email from Hinge (Branding and Marketing for Professional Firms) because they consistently deliver white papers and resources that are spot on.

Now most of you would say that Hinge is probably a competitor of mine - and I would say yes! But I would be remiss not to praise their work as something I would do. Suffice the collaborative exposure.

So, please take the time to download their latest resource: Marketing Planning Guide for Professional Firms. Even if you are not a 'professional firm' per se, there is still some logical learning from this resource.

Specifically, inside this guide you will find a step-by-step process to setting up your marketing for the year. It includes aligning your marketing with the firm’s overall strategy, establishing the foundation, the right mix of online and offline efforts, content marketing development and ways to measure success. Sounds simple but most organizations rarely get it right.

Learn more

Enjoy!

Denice MacDonald


The Economy of Digital Content

April 2, 2012 16:14 by Denice MacDonald

I'll make this quick everyone! I really love this website paidContent.org. Based in New York City, the company covers the business of digital media, serving decision makers within the media, entertainment, publishing, advertising, marketing, and technology sectors.

Founded by journalist Rafat Ali in 2002, the company's news sites chronicle the economic evolution of digital content that is shaping the future of the media, information and entertainment industries. Their belief is that in the near future, all media will be digital media, and are helping define sustainable business models and innovation within this sector.

Parent Company ContentNext Media operates:

paidContent.org - providing global coverage on the economics of digital content

mocoNews.net - covering the business of mobile content

contentSutra.com - India's media news monitor

paidContent:UK - covering the UK's digital media economy

Also, don't forget to check out The paidContent 50: The Most Successful Digital Media Companies in the US - great ideas and resources!
http://paidcontent.org/list/the-most-successful-digital-companies/

Best,

Denice MacDonald


Become an Online Survey Taker with BigSpot.com and get BIG Rewards

March 22, 2012 09:57 by Denice MacDonald

Ok…this one is just for fun. I couldn’t help but look at this website BigSpot.com as an opportunity to see if you are indeed rewarded for taking online surveys for various consumer products and services.

 

Let’s face it, with online review communities like Yelp!, do you oftentimes wonder if the reviews are actually customers or the company posting their own reviews to minimize the bad reviews? I know I do.

 

So, by participating with a website like BigSpot.com, you can provide direct input on product and services AND get paid (rewards or monetarily). Specifically, the website indicates that ..."the information you provide helps us match you with survey companies that fit your profile. After joining, you’ll see a personalized list of companies that want to reward you for taking surveys. The more free survey companies you join, the more you can earn!”

 

So if you are interested and are a big fan of ‘rewards’ – this is definitely for you.

 

More About BigSpot.com

 

Started in 2008, BigSpot.com provides user with free access to online consumer panels managed by some of the world’s widely recognized Market Research firms. Using BigSpot.com, users are introduced to new online consumer panels where they can provide their opinions and have the opportunity to earn cash and win prizes. BigSpot.com continuously seeks out to make new online consumer panels available to our users. This provides our users with a wide range of panel options, thus a wide range of products and services to provide opinions to. This also increases the opportunities for our users to earn extra cash to put into their pockets each month.

 

BigSpot.com is centered on integrity and maintaining an open and honest relationship with our users. BigSpot.com only endorses and makes available verified online panels which are managed by legitimate and industry certified market research organizations. This protects our consumers from fraudulent organizations and practices, and ensures that their opinions are gathered and analyzed to add value to the development of our everyday use products and services.

 

Enjoy!

Denice MacDonald

 


MacDonald Consulting: Top Blogs from 2010

January 3, 2011 12:36 by Denice MacDonald

I have several hundred true blog followers to my website and they have been thirsty for knowledge on social media, search engine optimization and anything metrics – 30,000 page views to be exact.  

Therefore, I feel it necessary to provide the following links that represent the most clicked, viewed and downloaded blogs from my website for 2010 – just in case anyone needs these resources again. 

Top 2010 Blogs (ranked in order by page views) 

Staying Nimble: Social Media 2010 - According to several leading experts, social media has been the number one priority in 2010. Social media will be used by organizations to lift their brand, stay connected to customers while using networks to grow their lead-gen pipelines. To learn how your organization can capitalize on what others are doing, check out these ‘top’ resources, articles and blogs from leading subject matter experts.  

Don’t Miss This One: Connecting Social Media and Email - I find it interesting that most organizations don’t realize that e-mail marketing is the original ‘backbone’ of social interaction and should always be part of the social mix.  Simply adding some ‘integrated’ content will aid in elevating your brand – not to mention ROI for your social campaigns. 

Get it here: Search Engine Optimization Blogs - Great post by Hubspot on a few dozen SEO blogs everyone should read or minimally have in your arsenal.

Social Media Resources You Can’t Live Without - Whether it’s starting a social media campaign, integrating social media into your advertising or simply setting up a Facebook fan page, it is always wise to seek out experts who have proven experience (and metrics) to help guide you in your social media initiatives

Social Analytics: The Next Frontier - Let’s face it folks, social analytics is a new frontier – not anything like the analytics and metrics tracking we’ve used for advertising, direct mail or other one-way channel marketing.

Get It Right The First Time: Web Metrics - Many organizations are obsessed with volume – measuring their web metrics strategy by how many web pages that were viewed or by how many people that have visited. In many cases, this type of information is meaningless as it is not directly linked to a web plan or strategy.  

Writing for Social Media - If you want consistent social media success, you have to understand what social media users crave. For social media content, that means understanding the type of content social media users want.

Your Entire Organization Benefits From Web Analytics - You finally launched a much-anticipated Web 2.0+ web site and you can’t wait to hunker down and review your analytics. How do you gauge if your analytics for your site are appropriate, measurable and definable? And most importantly, who in your organization would benefit?    

As we move forward in 2011, it will be fun to watch the exploding world of social media and how it will affect all channels in the marketing mix.  

Happy New Year to all my blog fans and a hearty welcome to all new visitors. 

Best

Denice MacDonald


Gearing up for 2011: Essential Resources for Everyone!

December 20, 2010 10:25 by Denice MacDonald

My favorite web resource, Website Magazine, has just posted the top 20 books for web pro’s for 2011. With a mix of social media, SEO and metrics, the list is quite rich with resources for everyone -- including programmers and web designers. 

A special thank you to Website Magazine for this list and all the other knowledge they share throughout the year! 

Website Magazine's list of 2010's Top 20 Tomes for Web Pro's

Advanced Web Metrics with Google Analytics (2nd Edition) - Brian Clifton
Search Engine Optimization: Your Visual Blueprint for Effective Internet Marketing - Kristopher B. Jones
Marketing in the Age of Google: Your Online Strategy IS Your Business Strategy - Vanessa Fox
Ultimate Guide to Pay-Per-Click Advertising - Rich Stokes
The Zen of Social Media Marketing - Shama Kabani
The Social Media Bible: Tactics, Tools, and Strategies for Business Success - Lon Safko
Advanced Google AdWords - Brad Geddes
Conversion Optimization: The Art and Science of Converting Prospects to Customers - Khalid Saleh
Content Rules - Ann Handley, C.C. Chapman, David Meerman Scott
Data-Driven Marketing: The 15 Metrics Everyone in Marketing Should Know - Mark Jeffery
Social Media Marketing: Strategies for Engaging in Facebook, Twitter & Other Social Media - Liana Evans
Brains on Fire: Igniting Powerful, Sustainable, Word of Mouth Movements - Robbin Phillips, Greg Cordell, Geno Church, Spike Jones
The Web Designer's Idea Book, Vol. 2: -  Patrick McNeil
White Space is Not Your Enemy - Kim Golombisky and Rebecca Hagen
Professional Web Design: Techniques and Templates - Clint Eccher
Dreamweaver CS5: The Missing Manual - David Sawyer McFarland
Simple and Usable Web, Mobile, and Interaction Design (Voices That Matter) - Giles Colborne
Undercover User Experience Design (Voices That Matter) - Cennyd Bowles and James Box
Clout: The Art and Science of Influential Web Content (Voices That Matter) - Colleen Jones
Mobile Marketing: Finding Your Customers No Matter Where They Are - Cindy Krum 

Of course, do remember that the best way to improve your chances of success (this holiday season and beyond) is to request a PRO-level subscription to Website Magazine 

For a limited time, they're offering a 25% discount on subscriptions (that's 60% off the newsstand price).

Learn more about Website Magazine's Holiday Promotion here.

Best to you this holiday season!
Denice MacDonald


Web Video Technology: Where to Begin

October 2, 2009 06:41 by Denice MacDonald

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)

UPDATED: Video for Mobile, Twitter and YouTube: 

Check out the recent craze for using video in social media campaigns posted October 1st by Adveristing Age: How to Mobilize Your Social Media.

Best

Denice MacDonald


Now is the Time for Online Video

January 18, 2009 09:03 by Denice MacDonald

Armed with weekly web addresses, Barack Obama uses online video to inform and engage us in ways that could not be accomplished via radio broadcasts or through typical print means. 

Barack has embraced video as an opportunity to personally shape and frame his message in a way that resonates with all types of viewers and constituents. The reception of these online video updates has reinforced the influence of online video to an all time level. 

Demand validated - online video the big tech winner in 2008.

As more data about 2008 Internet usage in the US is released, online video increasingly looks like one of the year’s big winners. US Internet users viewed 12.7 billion online videos during November 2008 alone, up more than one-third over November 2007, according to data released in January 2009 by comScore1. 

What does this mean for your organization? 

Now is the time to seriously think about integrating video into the marketing mix. Reason simply, online video has come full circle in pricing making it affordable for almost everyone.

Video can be added to web sites for internal communications, distance learning, sales support, sales training, integrated with webinars, as rich media within e-mails and as an engagement strategy for banner advertising. Moreover, video now has the capacity to be tagged for search engine optimization to elevate web rankings.   

To help you get started, I’ve provided some really good local talent (Wisconsin). I trust these vendors to help you create stellar video that can be created once, paid for once, but used many ways. 

Matt Nies and Rick Kallien, Owners - Pixelbox Visual Design 

Paul Kaplan, Owner - PKA Productions 

Patrice Nault, Media Project Manager - Plum Moving Media

.   .   .   .   .   .   .   .   .   .   .   .   .   .   .   .   .   .   .   .   .   .   .   .   .   .   .    .   .   .   .   .   .

1Sources:

comScore 

Best,

Denice MacDonald


2008 in Review

December 29, 2008 12:24 by Denice MacDonald

2008 has definitely been a year of growth (and change) in many segments of technology and the web. Consider the big story of early 2008, Microsoft’s attempted takeover of Yahoo! – only to see Yahoo! reject the offer – go figure. With the ebb and flow of the economy, it will be interesting to see what happens with my favorite top stories from 2008: 

Google Chrome – With a mixed bag of reviews, Google Chrome did make a big splash - garnering over 1% of total browser users in its first three months of launch. It will be interesting to watch Chrome’s ability to give Google a compelling platform for the delivery of web applications while hopefully playing nice with Firefox in 2009.

Video Content Kicks Butt – According to comScore, Hulu, a joint venture between Fox and NBC that offers professionally created content, made the list of the top 10 video sites on the web. With video in general becoming widely accepted (ala YouTube), tv video content on demand via the web is the next big logical step to capture ‘strategic’ advertising dollars. Take a look at the hulu web site and get hooked – like me!

Amazon Kindle – Like most professionals, I’m finding it harder and harder to read all the feeds and e-mails I get each day – not to mention grabbing some leisure time for reading. I believe the ongoing rollout and use of e-books (Kindle) will bridge that gap and suddenly make reading ‘cool’ again.

Social Communities – I personally belong to 10 different social web communities – several for pleasure and several for business networking. We’ll begin to see the social communities evolve (and share) technologies thereby elevating networks that are working and eliminating those that don’t. Of critical importance, will be the evolution of Facebook - Facebook will debut a "Social Rank" algorithm which will determine which of your friends are most relevant and important. It will be fun to watch Facebook in 2009!

As web marketing professionals, it will be interesting to see how the above-mentioned trends will evolve in 2009.

To all my subscribers - the best to you in 2009.

Denice MacDonald


Website Magazine: A 'Must-have" Web Resource

November 19, 2008 13:50 by Denice MacDonald

Website Magazine is the one magazine that focuses exclusively on the business of running a website: tips for successful websites, solutions for enhancing website traffic, the latest Internet industry trends and statistics, as well as news analysis on the Internet industry.

By providing a broad scope of useful articles and tapping premier talent in the industry, Website Magazine covers all the elements that together make websites successful: search engine optimization and marketing, website design, content management, blogging, E-commerce, online advertising, email marketing, analytics, web software and applications, customer service/customer relationship management, web hosting, mobile web and more. 

I highly recommend that anyone who is involved with web site development, strategy or execution (including internet marketing) subscribe to this publication. Website Magazine has also developed additional content exclusive to their digital edition which is available only to subscribers.

You'll find insightful articles on SEO for WordPress, product videos and ROI, advantages of being a certified Google AdWords Professional, Internet usage market share, domain names and SEO and the ultimate PPC bid matrix.

Lastly, you can join Website Magazine's online community and get a free listing!

Subscribe Today!

Enjoy!

Denice MacDonald
 


Video Snacking

October 19, 2008 11:33 by Denice MacDonald

I was recently at a client meeting during the lunch hour and noticed quite a few staffers in their cubes watching mini-video news clips on the election and YouTube promos. Someone aptly called the event 'video snacking'.  I've heard this term for the last year or so but I have to tell you that I am intrigued - not only from a user perspective but from an advertising point of view.

I guess the midday spike in web traffic is not a new phenomenon and media companies have started responding in a meaningful way -- specifically over the last year. They are creating new shows and timing video posts to coincide with the noon hour. Moreover, advertisers are remapping the way they sell advertising online, recognizing that noontime programs can command a premium. 

Big Win for Advertisers 

From an advertiser’s perspective, the web is a more flexible medium than television, because technology makes it easy to monitor people’s behavior and adjust programming accordingly. Better still, marketers have found that consumers are up to 30 percent more likely to make a purchase after viewing an advertisement at lunchtime than at other times of the day. 

Video Snack Web Sites 

If you have a spare 10 minutes then this video snack web site will keep you entertained. They search out the very best short bite size video on the net. Funny informative, must see clips. Enjoy! 

Using Video Snacking as a Lead Generator 

Video snacking isn’t limited to work computers. With the growing popularity of portable media players, people are video snacking wherever and whenever time permits offering marketers opportunities for both consumers and businesses. Consider providing a coupon or snack to anyone that watches your video over the noon hour - go one step further and offer a viral coupon so that office workers share it with others.  Win/win for everyone!

Best,

Denice MacDonald


Digital Marketing Outpacing Traditional Marketing

September 14, 2008 11:30 by Denice MacDonald

According to a recent e-Marketer report, more than six out of 10 CMOs and senior marketing professionals surveyed in the US said that digital tactics (including mobile, video, e-mail etc.) accounted for more than one-quarter of their agency marketing, according to a July 2008 study by Zoomerang for Sapient.  

Respondents also said digital marketing was growing in importance. Nearly one-half (45%) of those polled had either switched agencies or planned to switch during the next 12 months to gain access to more digital expertise. Almost eight out of 10 said that agencies' interactive and digital aptitude was important or very important.  

What is digital marketing and what does it mean for marketers? 

According to Wikipedia, digital marketing is defined as the practice of promoting products and services using digital distribution channels to reach consumers in a timely, relevant, personal and cost-effective manner. By doing so, marketers realize the following benefits: 

Brand-advantage – typically in the past, marketing and any digital initiatives were handled separately or were non-existent. With the use of digital technology, marketing professionals have an opportunity to enhance messaging and bring cohesiveness to their brand. 

Larger reach – digital initiatives allow marketers to expand their campaigns beyond one single effort leveraging several channels to optimize budget dollars and reach. 

Personalization – with digital initiatives, messages are highly targeted and specific allowing marketers to not only track how many people saw their message but also specific information about each user. 

As marketers, digital tactics allow for many opportunities that can be tracked measured and refined. To learn more about digital marketing and tactics, consider accessing the following resources: 

Best

Denice MacDonald


SuperTrons - Superconnected

August 24, 2008 07:32 by Denice MacDonald

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


The OMMA Awards Are Accepting Entries - Enter Now!

July 31, 2008 06:43 by Denice MacDonald

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


Google and Yahoo! - A Good Partnership

June 14, 2008 22:37 by Denice MacDonald

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.


A New Era For Agencies

January 17, 2008 08:06 by Denice MacDonald

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


Online Predictions for 2008

January 4, 2008 07:50 by Denice MacDonald

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:

  1. Online ads remain resilient.
  2. Video surge slows.
  3. Social-network advertising hits $1.6 billion.
  4. Networking goes beyond MySpace and Facebook.
  5. YouTube decides the election.
  6. Beijing Olympics pumps up ad spending.
  7. Buy online, pick up in-store becomes expected feature.
  8. Movie downloading hits the mainstream.
  9. Music marketers roll out new business models.
  10. 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.


Advertising Expenditure Forecasts: Using Ad Dollars Wisely

December 11, 2007 10:15 by Denice MacDonald

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