Showing posts with label Television. Show all posts
Showing posts with label Television. Show all posts

Monday, March 10, 2014

Nielsen: TV and Online Advertising Will Merge by 2020

TV and online advertising remain separate for now, but the increasing digital viewing, technological innovation, and new measurement capabilities are driving the two divided structures toward integration, according to Nielsen and Simulmedia.
A recent report, "The Data-Driven Future of Video Advertising," by the two companies reveals that in the past seven years, video advertising has become a significant component of online advertising and is expected to garner more than $5.72 billion ad spend in the U.S. this year. And TV companies are looking to become key players in the future of video advertising.
Meanwhile, TV as an ad platform started absorbing many characteristics of online advertising, particularly its rich data and audience metrics, while online advertising needs resonance and reaction measurements in TV advertising to go beyond reach-based advertising mechanisms, the report says.
However, Nielsen points out that the huge demand for multi-screen video campaigns and the need for new measurement capabilities do not necessarily indicate an immediate and full convergence of TV and online advertising, due to several reasons, including:
tvremainssupremacy
  • TV consumption maintains supremacy. According to Nielsen, 283 million Americans spend an average of more than 146 hours watching TV per month, compared to 150 million watching video on the Internet. 
  • Collecting accurate data about consumption habits of TV is labor-intensive, time-consuming, and expensive, while online video content is much easier to measure.
  • Trust and human relationships are important in the process of buying and selling TV advertising, as most senior TV media buyers have known each other and been working together for decades. However, this human factor is not a consideration in online advertising transactions, because online advertising can be bought and sold through programmatic ad-buying platforms.
  • Although some traditionally TV-focused agencies incorporate digital video content in their advertising purchases, online video advertising is usually bought by digital agencies that purchase online display ads, social media programs, and search advertising - they are different from traditional TV buying.
So just how quickly will the two separate structures converge? Nielsen and Simulmedia make a prediction as shown in the infographic below:
convergence11

You can download the full report from Nielsen to see more findings.

(via)

Friday, June 14, 2013

Consumers believe traditional media trumps digital for ad effectiveness: study

In spite of ever-increasing digital ad budgets and declining newspaper revenues, people still think that traditional media outlets trump digital channels for advertising and credibility.
A new Adobe survey shows that global consumers still rely on family and friends (51%) and consumer forums (35%) if they want credible information on products and brands.
Traditional media, such as newspaper and TV, came in third with 28%, while company websites scored just 17% compared to 8% for blogs and just 3% for branded social media pages.
The fact that people trust recommendations from their peers above all else is to be expected as research has consistently shown the value of consumer reviews in ecommerce, however the disparity between traditional media and official company channels may come as a surprise.
The same trend is apparent looking the best source for marketing and advertising, with traditional media considered the most effective channel (47%), followed by family and friends (31%) and consumer forums (25%). Company websites scored just 18% while blogs came last with 8%.
What source is best for marketing and advertising?

TV is still king

Though digital media allows for more effective ad targeting it seems that consumers are still more impressed by the scattergun approach of TV advertising.
When asked which is the best advertising opportunity for companies to reach them 40% of consumers answered TV.
Coupon offers were deemed to be the second most effective channel (22%), reflecting the consumer hunger for freebies and discounts.
Digital channels such as social ads (5%), online video (4%) and mobile apps (1%) are thought to be far less effective in comparison.
What is the best advertising opportunity for companies to reach you?
It’s obviously important to point out that these results are based on consumer perceptions of ad effectiveness, so the truth may actually be quite different.
However it shows that digital advertising still has an image problem in the eye of the consumer.
This is reiterated by a question asking whether respondents agreed with the statement that online advertising is not effective. Almost a third (32%) of global consumers agreed with the sentiment, while half of respondents (49%) agreed that web banner ads don’t work.
Please rate each of the following statements based on whether you agree or disagree. Agree.

(VIA)

Sunday, July 8, 2012

Social TV Apps are Changing How We Watch Television


social tv apps
Viacom released a study a few months ago on social television usage that I’ve been meaning to write about, because I think it represents a critical behavioral change in TV viewing that will impact many a brand’s marketing decision. In a nutshell, a Viacom survey found that 56% of respondents use social apps on mobile devices to interact with friends while watching their favorite TV programs. In other words, over half of those interviewed (the survey represented a reasonable distribution of the TV viewing audience) are engaging in some form of social interaction with a mobile device while watching their favorite TV shows.
The Viacom survey, “Social TV: Viewers C’s the Moment,” notes that viewers engage in an average of seven different types of social TV activities (online or offline) on at least a weekly basis.  The most common activities include watching TV with others (85%), searching for supplemental content (61%) and viewing TV show clips on social networks (58%).¹

What are people doing on mobile devices that makes their TV viewing experience “social?” Communicating, consuming content, and checking comments.
LET’S HAVE A CHAT
Above all, social TV viewers love to chat with friends, often using multiple platforms. For example, 56% prefer communicating through a social TV app/service, 53% through Facebook, 50% through individual or group texts, and 38% through Skype or Apple FaceTime.  For those that use check-in services, 71% check in to a show to let their friends know and 64% check in to let other fans of the show know.¹
The vast majority of social TV apps are accessed via smartphones (82%); social TV viewers are using tablets to communicate just 18% of the time. For social TV services delivered through mobile websites and apps, almost half of viewers (48%) are still using a desktop or laptop device, with only a slight majority opting for smartphones or tablets (this may have something to do with the fact that not all browsers have fully integrated popular web-app markup languages like HTML5).
When asked what content they are looking for in a social TV app experience, most survey respondents wanted deeper engagement with their favorite shows, such as episode teasers (75%), behind the scenes snapshots and extras (71%), and live interaction with the stars and creators. In short, they want to feel like they are part of the experience. "I love reading Daniel Tosh's tweets while watching Tosh.0. It gives the show a whole other dimension," said one survey respondent.¹
Many viewers want to hear comments from a show's cast and crew, followed by the people they know. Audiences are sensitive to the quality of comments from a show's cast and crew – they look for authenticity and prefer the star(s) to be in character.¹
The speedy pace of tablet adoption is likely to further alter the social TV viewing experience. According to eMarketer, by 2015 the majority of online users will access the Internet via mobile tablets. Assuming this ends up being even remotely accurate, many millions of users will be accessing TV shows through their tablets. This is partially true even now. A recent study by OPA found that 47% of tablet users are regularly watching full-length TV shows:
video types tablet users view regularly
MARKETING TAKEAWAY
The consumer shift to a more “social” TV experience has many implications. For one, as marketers continue to shift ad dollars from television to video, popular TV networks are going to have to react or watch ad revenues decrease. They would be wise to accept the new reality and focus their efforts on creating a deeper user experience that incorporates social and mobile technologies.
Marketers should keep a close eye on where viewers are consuming popular TV shows, and shift ad-spend accordingly. Many have already figured this out. In May, online video ads reached 52% of the total US population an average of 64 times. Of these ads, online streaming TV and video site Hulu generated the highest number of video ad impressions, at 1.6 billion.
In an increasingly complicated media landscape, marketers who are able to develop an organic and non-invasive means of tapping into the social TV user experience stand to gain; those who dismiss it as a passing fad stand to lose.
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Saturday, May 26, 2012

Yahoo Courts Second Screen App Developers With New Tools To Connect Phones And TV


Yahoo! Connected TV_ Movies, TV Shows, Internet On Demand-1
Launched in 2009, Yahoo’s Connected TV was one of the first platforms to introduce an open app development kit (ADK) for Internet-capable TVs. Now it’s making those apps even more powerful, by allowing developers to build apps that integrate TV and mobile capabilities.
At a meeting with developers Thursday evening, the Yahoo Connected TV team is rolling out the newest version of its ADK, in addition to open source availability of its device communication library for Android devices on GitHub.
The new ADK let developers connect their mobile and connected TV apps, supported by two-way messaging between the devices through Yahoo’s device communication protocol. That way, developers can build apps for smart phones and tablets that recognize what users are watching or games that are being played on the TV.
Useful apps could include those that add smart TV controls and navigation to the mobile device, or allow viewers to share content from the small screen to the big screen. And there’s a huge opportunity for multi-user games that take advantage of both screens: Think Scrabble or poker, in which the playing field is on the TV, but tiles and cards are controlled by the devices in users’ hands.
To speed app development, Yahoo has open sourced a library of communications tools, which developers can use to build up and customize their own apps. For now, the library is only available for Android developers, although the company is looking to soon release a comparable offering for iOS devices, according to Ron Jacoby, chief architect and VP of Yahoo Connected TV.
The ADK aims to take advantage of new features that will be available in the most recent group of TVs with the Yahoo platform installed, Jacoby told me by phone. Those TVs, which were demoed at CES 2012, come from Sony. There’s also the chance that older TVs with the Yahoo software in them could get the features, but firmware upgrades are rolled out at the manufacturer’s discretion.
Yahoo’s Connected TV platform isn’t the only one that’s looking to connect TVs with mobile and tablet devices. The most recent version of Samsung’s Connected TV platform includes similar functionality, as does version 2 of the Google TV operating system.
Yahoo currently has more than 1.5 million active monthly users on its connected TV platform. It’s attracted more than 10,000 registered developers for the platform, who have made nearly 200 apps available on Yahoo Connected TVs. Enabling more interactive second screen apps could make the platform more compelling for developers, and more fun for users.

Thursday, April 26, 2012

Network to net work : Can Social Media be used for recruitment

Many companies are using social media sites as a channel for recruitments. Unnati Narang from Times of India talks to Ritesh Raj Gupta and tells you how you can make the most of it.

Social media is the new age order. Gone are the days of looking through telephone directories to find people. No longer is mankind dependent on pen and paper, or brick and mortar. With almost everything in the world going online, from high-tech products to groceries, so has the search for jobs. The latest in the list of social media applications is job hunting. It offers immense networking opportunities, allowing one to be in touch with prospective employers at the click of a mouse.


With plenty of content flowing on these websites every single minute, what are some of the opportunities and impediments associated with it? Can a virtual medium ever lead to a perfect employer-employee match? "Social media essentially is a platform for individuals to create their own network of people whom they know, like their family, friends and peers and people whom they don't know but share some common interest or passion with. All this exposes one to more and more information, support updates and even job leads. Social media can definitely be used to get a job but getting the right job is essentially dependent on your own network," says Ritesh Raj Gupta, Vice President – Technology, AaramShop. So while it does increase your options and updates you about the opportunities out there, social media in itself is not enough to strike the right match. The right approach can make all the difference.
"Job seekers should first identify the right companies where they can best leverage their professional talent and which are in line with the job seeker's career aspirations. Job seekers should do some research on the social media presence of those companies, connect with the employees of those organisations and familiarise themselves with their social profiles. The profile of a job seeker should clearly communicate the individual's personal competencies, interests and professional learning. Job seekers should keep their status updated and stay actively connected with their network. While using social media as a job search tool, job seekers should refrain from participating in controversial discussions," says Garg. Discussing other preconditions and impediments, Ramanath Gurjala, Vice-President, HR, Lapp India Pvt Ltd quips, "Social media can be used as a valuable tool if the candidate has the opportunity or is able to connect to the right person. It is important for the candidate to differentiate himself in the marketplace and establish his online presence in a definitive way. In other words, he/ she needs to establish an online brand presence to facilitate an organised search. Social media also faces certain drawbacks. The fact that a candidate is up for grabs can expose himself in the current company he or she is working for. A candidate's online presence can unfortunately be tracked. Sometimes the candidate's opinions may reflect poorly on the company." Ritesh Raj Gupta lists some of the do's and don'ts of social media:
Do's
- Have a decent and consistent online presence
- Have a large and relevant network
- Make a list of few companies you are interested in and follow them on social networks
- Gather more information on the developments in these companies
- Be searchable on search engines
- Add genuine references, credentials and awards to your profile
- Create and upload a video resume highlighting your achievements
Don'ts
- Never contradict your profile on different networks
- Never fake your profile or references
- Try and be friends with everyone in the companies you wish to join unless you genuinely know them
- Be careful of what you say on social media

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Wednesday, April 25, 2012

Google Drive and the Future of Your Online Marketing


he introduction of Google Drive Google’s free Cloud Storage service should have little to do with business and marketing. Storage is like a tool, no different than say a spanner, and when was the last time you saw the launch of a new spanner bringing into question the marketing strategy of the car repair business? 

Yet, this is exactly what is happening here. The reason for this is that the launch of GDrive is the clearest signal yet that Google has transitioned from a company which used to make great products we all loved to use to a company that is building an ecosystem we are all being herded into. 

Now vertical ecosystems are nothing new. Apples is one, Facebook another and Amazon yet a third. There is some overlap amongst them and some competition but each is geared to do specific things and do them well. Google is unusual in that it’s creating a vertical which is as wide and deep as the web itself. The Google environment different because Google links everything to search. 

Google Drive, for instance, allows businesses to enjoy true Cloud portability with on-the-go device synching totally free. The 5GB storage can easily be increased for a competitive monthly fee, GDrive  integrates instantly with Google Docs and unlike any other Cloud storage solution to date this becomes a truly Personal Cloud one by allowing selective collaboration of anything in it. 

From a business point of view this is great. Google’s computing power coupled to free or very low costs makes for a proposition that is truly hard to resist and that is exactly the problem. Unlike any other ecosystem out there, Google’s environment is search and website ranking sensitive. As Google collects information its different services cross-reference it in ways which they didn’t a month or so ago before the company changes its privacy rules and this is now leading to the building of internal authority rankings for users much the same way that websites had a PageRank. 

Provided all is rainbows and unicorns there is no issue but the moment you have an infraction of sorts, say a question about copyrighted material in YouTube, a name issue in Google Plus or an SEO penalty on your website, this begins to escalate within the Google environment . In typical Google fashion the escalation is automated, driven by systems instead of machines and, conceivably, you may find yourself dropping out of search, incapable of leveraging G+  for marketing and  sans a YouTube channel to market from. 

Improbable? No. I have already come across examples where each of these has happened. As Google completes weaving its web of connections the possibilities that an infraction in one ‘isolated’ service may have on your ability to operate and market your business online increase. 

We are, of course, at the very start of the Cloud and likely to see it fine-tuned much further. Business 101 says of course that you never put all your eggs in one basket. In Google’s case the choices narrow somewhat as it is the only viable basket there is, which is why businesses need to start preparing for the option of something going awry as early as possible. 


The Secret to Becoming A Social Influencer: Private Networks


Defining a social influencer is an interesting concept and one ripe for continued evaluation and exploration as we, the marketers, try to connect with those who will embrace the stories and move the brands we represent. The measurement of influence keeps shifting as social media matures but it is the detangling of the meaning of influence that warrants attention.
There are benchmark measurements - the number of comments, followers, tweets, linked-in connections, pins or circles.  Companies like Klout provide an influence score based on the social activity across multiple networks. And our conversations and attributions are calculated with Dachis Group’s Social Business Index (see The Challenge of Measuring Social Influence with Big Data by Rohn Jay Miller). These quantitative measurements calculate only one world: the social realm and help marketers examine the online conversation – an important and valuable endeavor. But it fails to include or reflect the true world of influence – our private networks.
Influence is the ability to cause action and action is clearly the ability to act within and across social and private networks.  The people we influence the most are our friends and acquaintances in our private networks: family, friends, neighbors, classmates, congregations and club members. These connections are not currently reflected in our social media profile or score and, without this information, we are calculating an incomplete equation.
In the highly acclaimed book, The Power of Habit, Charles Duhigg provides insight on social habits and how finding the right influencer can create change. In one case study, he walks through the civil rights movement and, in particular, how Rosa Parks sparked a movement. Duhigg states, “In general, sociologist say, most of us have friends who are like us. We might have a few close acquaintances who are richer, a few who are poorer and a few of different races – but on the whole, our deepest relationships tend to be with people who look like us, earn about the same amount of money, and come from similar backgrounds…Rosa Parks transcended the social stratifications…she was friends with field hands and college professors. And the power of those friendships became apparent as soon as Parks landed in jail.”
The combination of our private and social networks allows us to do what Rosa Parks did – transcend social stratification.  When we look at both social and private networks, we begin to see a holistic representation of our social selves. For influence to be more accurately measured, it must honor those with deep, highly personal social relationships and include a calculation of the potential reach, participation and actions in private networks.  By broadening the social influencer score to include and reward those who act as bridges between the social and private networks, we get closer to finding the true influencers and away from measuring glorified popularity. 
There are two key questions.  First: “What if there was a way to rate how well a person is connected to social and private networks?”  Second: “Can we apply a score to those most likely to access the right combination of networks (private, social or combination) to initiate real action?” 
At first glance, there seems to be three primary categories that define an influencer with related variations within each category: networks, content, relationships.  Brian Solis provided a solid framework that supports this in his article, Exploring and Defining Influence. The survey he did had a majority of respondents from corporations and marketer/agencies, 42% of which were operating at revenue less than $1M. One of the compelling outcomes was the following:
  • 60% of respondents said the “quality or focus of the network was most important”
  • 55% forced a tie between “quality of content” AND the “capacity to cause measurable outcomes”
  • 40% ranked “depth of relationship” as their top choice.
In network, content and relationships, the focus, depth and measurable result were alone and in combination, the best indicator of an influencer. In particular, it was the emphasis on quality of the network, content and relationships that was the most important finding.
The framework for the quality of the network, content and relationships could include two sets of data: one for social networks and one for private reach. We each have disparate collections of connections. Our business selves use Twitter, our personal selves use Facebook, our parent selves communicate via class and PTO distribution lists, our athletic selves are connected to club Google groups or mobile sports communities. Our sphere of influence within these micro-collections is significantly higher for the simple reason that they are our friends and support the strong social ties between acquaintances.
What deserves re-thinking is the habit of
  1. Scan
  2. Click
  3. Read
  4. Comment
  5. Retweet
  6. Follow
The social media habit of sharing quality content is restricted to the people currently engaged in our social networks. We need to expand the idea of followers to include our private networks – the place where we can truly add value and trigger action.
 To change social influence, three things need to happen:
  • Bring social media content to the private networks
  • Use access and connections to private networks as another factor in social influence rating
  • Adopt social media as our mainstream social fabric
Bring social media content to your private networks
It stands to reason that those who know you in context of shared, common interests are most likely to pay attention. By re-publishing social content into the private networks we:
  • draw personal connections into our social media worlds
  • share relevant content with a highly impressionable group
  • expand our followers with relevant, deep relationships        
Private Networks as Another Factor of Social Influence Rating
Think of membership in private networks as being a node connecting two networks. Nodes can be powerful connecters that can be activated to inspire action. Adding and rewarding the number of nodes and the willingness to activate them should be part of a person’s social influence rating.
Just as we currently add our activities and specialties to our social profiles, providing a list of private networks gives a more accurate picture of the number of followers and potential followers within our social and private networks.
Together, we could adopt a system by which our collection of networks is indicated on our public profile and our transactions between the social network and private network are tracked. For example, a person reads a great article on teamwork and posts a RT on Twitter to their following and also posts the link to the article on their Boston Running email distribution list of 400+ members. From a marketing and social media perspective, that behavior makes that person slightly more influential especially if he makes it a habit. We need to explore the possibility of a RP (for re-post) indication that rewards the interconnection of the social network to a highly targeted, impressionable group.
Increasing the social influencer rating will require building a new habit for including the private networks of our social media sharing.
The New Social Influencer Habit:
  1. Scan
  2. Click
  3. Read
  4. Comment
  5. RePost to Private Network
  6. Retweet
  7. Follow 
Adopt Social Media as Part of our Mainstream Social Fabric
Like it or not, personal branding and the responsibility and power of social media is played out in middle school. For those growing up on social networks, the line between public and private is a blurred one. The concept of communicating one to many is not a learned skill. It is who these students are and how their brains are wired. The seamlessness with which a conversation begins at school, jumps onto a social network, transitions to a ‘shared hub’ that is then augmented by text-based comments is simply how it is done.
In a world where awareness of connections and degrees of separation are openly discussed, where networks are consciously cultivated and nurtured, we have a chance to re-define the social influencer as the people taking the responsibility to connect us to the networks, content and relationships. Those who change their social habits to include the private networks will be and should be seen for what they are – those who have the true power to listen, to act and to change us.