Archive for the ‘Online’ Category

Magazine ads said to drive web traffic

Thursday, May 13th, 2010

Magazine advertising is a good vehicle for building website traffic, according to a new poll discussed by Adweek.

The poll by the Chief Marketing Officer Council says 90 percent of the magazine subscribers they talked to prefer print to online or e-reader mags, but “48 percent of respondents answered affirmatively when asked whether they ‘go online to find more information about the advertisements in your printed magazines.’” Sixty-three percent said they’d do so “if the advertising in your printed subscription magazines was customized,” according to Adweek.

Social Media: Resistance is Futile

Saturday, May 8th, 2010

A You Tube slide show with a slew of statistics shows us how social media have taken over our lives. The 4 1/2-minute video in the end is a plug for a book — “Socialnomics: How Social Media Transforms the Way We Live and Do Business” by Erik Qualman — but not before it likely convinces the hardiest social media holdout to give in.

Social media have overtaken porn as the No. 1 “activity” on the Web, the video says. Facebook has higher weekly traffic than Google. “Social media isn’t a fad,” it concludes, “it’s a fundamental shift in the way we communicate.”

Among the points made that pertain to advertising and traditional media, none of which are attributed in the video:

- 25 percent of search results for the world’s top 20 largest brands are links to user-generated content. 34 percent of bloggers post opinions about products and brands.

- 78 percent of consumers trust peer recommendations. Only 14 percent trust advertisements.

- Only 18 percent of traditional TV campaigns generate positive ROI. 90 percent of people skip ads via TiVo or DVRs (this was disputed just this week).

- 60 million Facebook updates are made daily. “We no longer search for the news, the news finds us. We will no longer search for products and services, they will find us via social media.”

Could the FTC kill behavioral targeting?

Tuesday, April 20th, 2010

Media critic Bob Garfield thinks Internet advertising could be wiped out as an industry if the FTC and Congress decide to “safeguard consumer privacy from behavioral targeting and other online wizardry.”

One approach under consideration, he says, is  “an ‘opt-in’ requirement for every user to affirmatively acquiesce to accepting cookies on their Internet browsers. … The industry’s future resides almost entirely on being able to boost CPMs with ultra-targeting, but it’s hard to imagine any wording of the opt-in language that wouldn’t sound to Joe Laptop like, ‘Yes, please stalk me.’”

FTC Chairman Jon Leibowitz tells Garfield he wants the industry to regulate itself, but the way he talks about behavioral targeting seizes “not on the rational but the visceral,” Garfield says. “Imagine that you were walking through a shopping mall, and there was someone that was walking behind you and taking notes on everywhere you went and sending it off to every shop or anyone who was interested for a small fee,” Leibowitz says. “That would creep you out; that would be very disturbing, I think, for most people.”

As the FTC seeks more rule-making authority from Congress, “Rep. Rick Boucher (D-Va.) has been promising a bill to deal with loose personal data — by statutory means either moderate or draconian, nobody quite knows.”

Boucher told the Wall Street Journal in February “that there is a need for a set of laws that dictate parameters for how companies collect, share and use online data about their consumers.”

McClatchy planning to become hub for local sites

Thursday, April 8th, 2010

McClatchy newspapers are bringing other local Web sites and blogs onto their home sites in “blog networks,” starting at the Sacramento Bee and coming soon to the Charlotte Observer and Miami Herald.

“The Bee has been working on the concept for about a year,” says the Sacramento Business Journal. “Editors and multimedia managers collected and reviewed sites, ranking them based on quality of content and frequency of posts.”

The Bee’s effort is called “Sacramento Connect” and so far features about a dozen blogs.

“We see that that’s the direction that the Web is going and we really want to be a part of that,” Sean McMahon, The Bee’s digital product development manager, told the Business Journal. “We have a trusted position in the area, and we thought it was time to embrace all these independent voices and bring them in and try to promote them.”

The thinking is traffic to all the sites would improve, the Business Journal says.

“At least two other McClatchy Co. newspapers” — The Observer and The Herald — are developing similar networks, the report says.

In Raleigh, The News & Observer has made similar attempts to become a local portal.  Its Triangle.com includes a section called “Share” for local blogs and forums meant to be produced locally through the site.

Christian Science Monitor growing, earning online

Wednesday, April 7th, 2010

The Christian Science Monitor, which stopped publishing a daily print edition in March 2009 and is mostly a Web-only operation, has seen a 60 percent increase in traffic but has earned about half of the projected ad revenue, says Media Jobs Daily quoting Media Matters.

The CSM actually maintains a weekly print edition, which has seen 79 percent circulation growth since its launch, Media Jobs Daily says.

Meanwhile, the company projected $870,000 in online ad revenue in its first year, but only brought in $490,000.

“The paper also extended a buyout offer to its 85 editorial employees, and four accepted,” says the blog, which focuses on media industry employment, recruitment and career development.

“But … there’s still 81 newsmen and women working at this paper, which is a heck of a lot more than the number of people at any other online-only outfit we can think of.”

McClatchy to roll out online marketing program

Tuesday, April 6th, 2010

The McClatchy Company said today it will sell the WebVisible online marketing program through each of its major newspapers by the end of the year.  Advertising sales for the program in March at the  papers already using it were roughly five times higher than the previous month, a news release says.

WebVisiblea program that has its detractors – is marketed as an online advertising manager for local businesses that buys advertising space across a variety of media. The company’s release says:  “WebVisible’s technology puts an advertiser’s ads where they’ll generate the most response from interested buyers for the least money.  Customer leads can come in any form – phone calls, e-mails, SMS text messages, form fills, printed driving directions or video views – and advertisers get full reporting so they know how the leads are coming in and from where.”

McClatchy has been selling the program in Kansas City, Mo.; Tacoma, Wash.; Fresno, Calif.; Anchorage, Alaska; and Charlotte, N.C. The next phase will include Boise, Idaho; Miami, Fla.; and Sacramento, Calif. By December, it is to be available at each of McClatchy’s 30 daily newspapers in 29 U.S. markets.

Radio revenue may have turned the corner

Thursday, March 25th, 2010

Folks in the radio business have some good news with what Advertising Age calls “not just a slight increase for 2010 but several years of compounding growth.”

It’s not much though. “The predicted turnaround will be slight, leaving radio revenue in 2014 still shy of its 2008 level,” the magazine says.

BIA/Kelsey, a consulting firm specializing in local media, says radio ad revenue is likely to see a 1.5 percent gain this year.

“The industry will continue to grow its online revenues in 2010 as increasingly more progressive radio groups recognize they are more than just over-the-air transmitters and begin to integrate cross-platform promotions with their broadcast and Web operations,” Mark R. Fratrik, VP at BIA/Kelsey, says in the report, according to Ad Age.

Print vets find move to digital tough

Tuesday, March 23rd, 2010

Digital media operations no longer look toward print veterans when it’s time to hire, Advertising Age says. Where print folks once had an edge in experience, these days the transition is proving more difficult.

“Now digital media has become so intricate — with so much of ad sales revolving around technology and ongoing campaign optimization — and the talent pool has so deepened that print devotees are no longer go-to candidates. In fact, it’s closer to the opposite.

“When we look nowadays for talent, we don’t look for that person,” Penry Price, VP-global agency development at Google and formerly an ad sales executive at magazines including Us Weekly and Rolling Stone, told Ad Age. “We look for someone who’s not a print seller. We look for someone who’s a lot more analytical. We’ve found a few in print, but it’s gotten more complex.”

Print vets who are hired tend to get jobs with less responsibility, which translates to less pay, the article says.

The article also provides five tips for getting yourself in position to make the move from print to digital.

Ad spending fell 12.3 percent in 2009

Thursday, March 18th, 2010

We’ve been out-of-pocket for a few days and we’re shoveling through the e-mail. Most significant so far is the report from Kantar Media, formerly known as TNS Media Intelligence.

“Ad spending in 2009 came in at $125.3 billion, a drop of 12.3 percent compared to the prior year,” the report says, according to Crain’s New York Business.

“The good news was that fourth-quarter ad spending fell by only 6 percent. In addition, preliminary numbers for the first quarter of 2010 show most media categories doing better than they were a year ago, said Jon Swallen, a senior vice president at Kantar Media.”

This is worse than a previous report from Medill Reports that said overall U.S. advertising spending was down 9 percent for the year last year. (Kantar isn’t limiting its number to the U.S., perhaps.)

According to Kantar Media, “radio fell 20.3 percent, local television plunged 23.7 percent, magazines dropped 17.4 percent and newspapers 19.7 percent.” Network television was down 7.6 percent for the year but turned around in the fourth quarter to rise 4.1 percent. Cable TV was  down just 1.4 percent.

Internet display advertising rose 7.3 percent.

“The biggest turnaround may be taking place among newspapers,” Crain’s says. “According to Mr. Swallen, advertising is flat so far this year, which puts the category on track to record its best quarter in two-and-a-half years.”

Digital ad spending to pull ahead of print

Monday, March 8th, 2010

A 9.6 percent jump in digital advertising in 2010 means more money will be spent on digital ads than print for the first time this year, according to Outsell’s annual advertising and marketing study, says Forbes.

“Of the $368 billion marketers plan to spend this year, 32.5 percent will go toward digital; 30.3 percent to print,” Forbes says. “Digital spending includes e-mail, video advertising, display ads and search marketing. ‘It’s a watershed moment,’ says the study’s lead author, Outsell Vice President Chuck Richard.”

The study, which is due out today, also says that ad spending for magazines will rise this year by 1.9 percent and, quoting Richard again, “We should see far fewer closures and cutbacks among traditional media.”