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JN2702

CONTINUED: ADVERTISING
Housekeeping
 Assignment 1 TurnItIn

form is now active on
Blackboard

 Some ‘study notes’ are

now available from
Google docs (via
Blackboard learning
materials)

 I’m considering leaving

March 27th session as
‘open’: what are your
thoughts
Plan


Run through key questions from last
week



Think more about advertising and
media output as ‘products’



Lecture: Advertising Pt 2



Online advertising Pt 1



Think more about your ideal reader



Map Media consumption strategies
against your modeled reader
Recap: Last week we thought about:


Web 2.0



The Advertising conundrum: “Half the money I
spend on advertising is wasted, the trouble is I don’t
know which half.” John Wannamaker



Considered the ‘dual’ nature of revenue streams:
consumers and advertisers



Advertising rational



Celebrity endorsements (and what form that
might take within the media



Culturally relevant ads



Global and local relevance: the challenges of
‘glocal’
Last week’s questions
 Investigate how a news website can make

money from advertising (including ad rates, if
possible)
 Investigate how social media platforms are

turning advertising into revenue
 Investigate ways news sites are making

money without using advertising
Remember these:
Cadbury Schweppes
reported 5% revenue
growth in 2007

REDUCED ACCIDENTS BY 21%
Re-positioning
How advertising can help: overcoming
the Jeremy Clarkson affect

Sales increased by 21 times in 4 months
Affordances of paper
Time out
 Look through the magazines and newspapers :
 Choose what you feel to be a selection of good and bad

adverts/marketing (for both companies, and the publishers). During
this process you may want to:
 Judge how effective they are based on market segmentation (you need
to identify the market segments/demographics they’re targeting.)

Remember that we’ve done this before
 Describe some of the ‘psychographics’ you can identify as part of this
process
 Articulate why paper/magazines are relevant for each advertiser
 Are there any conflicts between the ads and the editorial content?
… and now the Newspapers…
 Rate the newspapers and magazines as

‘products’… Positives, negatives,
experience, and
demographics/psychographics
Mapping Ps: analysis
 4 Ps
 Product
 Pricing

 7 Ps

 Placement

 Product

 Promotion

 Prices
 Place

 Packaging
 Positioning
 People
Without slogans, we’d be lost for words
Slogan and recognition
game!!
Finger lickin’ good
Because you’re worth it
Hello Moto
Just do it
Once you pop, you can’t stop
Intel, inside
ExSolo ad solem (and others)
I’m lovin’ it

KFC
L’Oreal
Motorola
Nike
Pringles
Intel
UCLan
McDonalds
Anti-matter/matter advertising
Combative advertising: BMW
and Audi’s battle of the
billboard
Humour
(Re)considering value
 Let’s ignore Zyman’s focus on profit and
loss, what other ‘value metrics’ could media
organisations look to measure?
Remember this diagram? It might be useful
Beyond (print) adverting
Duedill and the Guardian
"We were surprised that the Guardian would
let us do it," explains DueDil's chief executive,
Damian Kimmelman.
"We got the £50,000 [of advertising space,
the prize in the competition] and we were
like: 'Oh crap, how are we going to spend this
money?' We debated, and decided on Friday
we were going to do something funny. We
don't really need the advertising anymore,
we get enough traffic as it is."
"I personally thought that doge was
hilarious.”
Damian Kimmelman, DueDil chief executive
Eeek – Theory Time!
Tapscott: Digital futures:
Society and Business


The Net Generation (otherwise known
as digital natives) are increasingly
affecting online behaviours



The concept of the ‘prosumer’, the wikiworkplace and peer production/mass
collaboration

Howdoes this affect your advertising opportunities?
Online: Beyond physical advertising
Online Advertising


Search, Classifieds and Display
advertising all showed healthy
like for like growth in H1 2013



Advertisers spent £1 billion on
“Online Performance Marketing”
in 2013; up 15% on 2012.



UK digital advertising
expenditure grows 17.5% to
£3.041 billion in H1 2013



Generates £14bn in sales, equals
£14 for every £1 spent.
The anatomy of a web-page
 How a news site is arranged
 Click through rates
 Monetization
 Impact on editorial
 Impact on the reader
 Problems (click this link)
Issues with web-ads

 You are more likely to complete

NAVY SEAL training than click a
banner ad. (Source: Solve
Media)
 The average person is served over 1,700

banner ads per month. Do you remember
any? (Source: comScore)
 About 50% of clicks on mobile ads are

accidental. (Source: GoldSpot Media)
Media contamination… online
video ads
Ad free solutions pay to
remove or block
What now: Reader profile


What we should already
have




Basic demographic
information

Continue to create your
reader. You might want to
base your reader on a real
person (remember the
market research section we
covered a few weeks ago.
Consider the following:





‘Values’
Leisure activities
Daily routine (weekdays and
weekends)
What media they consume,
and when
For Next week
 Think about market research
 Surveys

 Longform interviews
 Market analysis
 Other methods to gain ‘intelligence’
In coming weeks
 More online

 Mobile
 Social Media and advertising
 Data
Flickr


Martin Deutsch – The Internet




Intersection Consulting – Advertising vs PR




The Rocketeer – Advertising Dept Truck




voteprime – Comfort Inn




Smalloy – First Floor Plans




jurvetson – Google's Master Plan




Toban B. – Without Money




Phil Roeder – Navy Seals




Laura Mary – Lost





Charlie the Cheeky Monkey – I'm freaking out, man

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Lecture 5 online advertising and social media revenue - final

  • 2. Housekeeping  Assignment 1 TurnItIn form is now active on Blackboard  Some ‘study notes’ are now available from Google docs (via Blackboard learning materials)  I’m considering leaving March 27th session as ‘open’: what are your thoughts
  • 3. Plan  Run through key questions from last week  Think more about advertising and media output as ‘products’  Lecture: Advertising Pt 2  Online advertising Pt 1  Think more about your ideal reader  Map Media consumption strategies against your modeled reader
  • 4. Recap: Last week we thought about:  Web 2.0  The Advertising conundrum: “Half the money I spend on advertising is wasted, the trouble is I don’t know which half.” John Wannamaker  Considered the ‘dual’ nature of revenue streams: consumers and advertisers  Advertising rational  Celebrity endorsements (and what form that might take within the media  Culturally relevant ads  Global and local relevance: the challenges of ‘glocal’
  • 5. Last week’s questions  Investigate how a news website can make money from advertising (including ad rates, if possible)  Investigate how social media platforms are turning advertising into revenue  Investigate ways news sites are making money without using advertising
  • 6. Remember these: Cadbury Schweppes reported 5% revenue growth in 2007 REDUCED ACCIDENTS BY 21%
  • 7. Re-positioning How advertising can help: overcoming the Jeremy Clarkson affect Sales increased by 21 times in 4 months
  • 9. Time out  Look through the magazines and newspapers :  Choose what you feel to be a selection of good and bad adverts/marketing (for both companies, and the publishers). During this process you may want to:  Judge how effective they are based on market segmentation (you need to identify the market segments/demographics they’re targeting.) Remember that we’ve done this before  Describe some of the ‘psychographics’ you can identify as part of this process  Articulate why paper/magazines are relevant for each advertiser  Are there any conflicts between the ads and the editorial content?
  • 10. … and now the Newspapers…  Rate the newspapers and magazines as ‘products’… Positives, negatives, experience, and demographics/psychographics
  • 11. Mapping Ps: analysis  4 Ps  Product  Pricing  7 Ps  Placement  Product  Promotion  Prices  Place  Packaging  Positioning  People
  • 12. Without slogans, we’d be lost for words
  • 13. Slogan and recognition game!! Finger lickin’ good Because you’re worth it Hello Moto Just do it Once you pop, you can’t stop Intel, inside ExSolo ad solem (and others) I’m lovin’ it KFC L’Oreal Motorola Nike Pringles Intel UCLan McDonalds
  • 15. Combative advertising: BMW and Audi’s battle of the billboard
  • 17. (Re)considering value  Let’s ignore Zyman’s focus on profit and loss, what other ‘value metrics’ could media organisations look to measure?
  • 18. Remember this diagram? It might be useful
  • 19. Beyond (print) adverting Duedill and the Guardian "We were surprised that the Guardian would let us do it," explains DueDil's chief executive, Damian Kimmelman. "We got the £50,000 [of advertising space, the prize in the competition] and we were like: 'Oh crap, how are we going to spend this money?' We debated, and decided on Friday we were going to do something funny. We don't really need the advertising anymore, we get enough traffic as it is." "I personally thought that doge was hilarious.” Damian Kimmelman, DueDil chief executive
  • 20. Eeek – Theory Time! Tapscott: Digital futures: Society and Business  The Net Generation (otherwise known as digital natives) are increasingly affecting online behaviours  The concept of the ‘prosumer’, the wikiworkplace and peer production/mass collaboration Howdoes this affect your advertising opportunities?
  • 21. Online: Beyond physical advertising
  • 22. Online Advertising  Search, Classifieds and Display advertising all showed healthy like for like growth in H1 2013  Advertisers spent £1 billion on “Online Performance Marketing” in 2013; up 15% on 2012.  UK digital advertising expenditure grows 17.5% to £3.041 billion in H1 2013  Generates £14bn in sales, equals £14 for every £1 spent.
  • 23. The anatomy of a web-page  How a news site is arranged  Click through rates  Monetization  Impact on editorial  Impact on the reader  Problems (click this link)
  • 24. Issues with web-ads  You are more likely to complete NAVY SEAL training than click a banner ad. (Source: Solve Media)
  • 25.  The average person is served over 1,700 banner ads per month. Do you remember any? (Source: comScore)
  • 26.  About 50% of clicks on mobile ads are accidental. (Source: GoldSpot Media)
  • 28. Ad free solutions pay to remove or block
  • 29. What now: Reader profile  What we should already have   Basic demographic information Continue to create your reader. You might want to base your reader on a real person (remember the market research section we covered a few weeks ago. Consider the following:     ‘Values’ Leisure activities Daily routine (weekdays and weekends) What media they consume, and when
  • 30. For Next week  Think about market research  Surveys  Longform interviews  Market analysis  Other methods to gain ‘intelligence’
  • 31. In coming weeks  More online  Mobile  Social Media and advertising  Data
  • 32. Flickr  Martin Deutsch – The Internet   Intersection Consulting – Advertising vs PR   The Rocketeer – Advertising Dept Truck   voteprime – Comfort Inn   Smalloy – First Floor Plans   jurvetson – Google's Master Plan   Toban B. – Without Money   Phil Roeder – Navy Seals   Laura Mary – Lost   Charlie the Cheeky Monkey – I'm freaking out, man