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ADVERTISING: KEY THEMES
JN2702 – David Beckham’s pants
recap


Considered how to understand an audience:
demographics and segmentation



Psychographics can help you understand your
market’s values and interest areas



Old marketing structures put in place a range of
gatekeepers



Digital platforms offer a new way to engage with
people/audience/consumers/prosumers



Market research can be employed to help you get to
know your consumers



Marketers need to know the capacity of their
company



Ps and ABCDEs can offer a good structure to generate
a marketing plan



Marketing plans need to be considered over a short,
medium and long term strategy



Constant vigilance is required within competitive and
changing marketplaces
Today and next week’s plan
 Look at advertising
 Look at online advertising
 Look at how online advertising generates cash
 Look at viral advertising
 Look at viral sustainability and new

opportunities

 Look at David Beckham’s underpants
Key reading


Powell et al: Celebrity can be a useful tool when
positioning a product or service



Powel et al: A range of research methodologies can be
used to establish what your consumers and audience
want, require and are content with



Powell et al: Advertisers work within specific markets
and segmentations. Ultimately, they see
fragmentation



Powell et al: highlight the concept of ‘glocal’ and some
of the issues arising from it, in terms of geographic
recognition



Powell et al, Zyman and Tapscott: Social networks
should be seen as places for conversations, and herald
the concept of user-engagement



Powell et al, Zyman and Tapscott: The web allows us to
choose who, what and how we interact with
Remember: Media as dual
product (Picard, 2010)



Advertising
Subscription/purchase

Organisations may need to keep
both ‘customers’ and advertisers’
happy

Or figure out how a new media
product will pay for itself down
the line without relying on
advertising or subscription
revenue.
Either way, eyeballs are key
The Advertising Conundrum

“Half the money I spend
on advertising is
wasted, the trouble is I
don’t know which
half.”

John Wannamaker
Marketing Ps: Positioning


Positioning is open to a number of interpretations



Generally, positioning can be understood to
create an impression of a product within the mind
of a target audience, and within the market as a
whole



Advertisements can assist in positioning a brand
in the minds of consumers, or re-align a brand
that marketers feel is not occupying the correct
market ground

Don’t worry, the next two slides feature David Beckham
Celebrity
Brainstorm: Why David’s underpants?
Things to consider when
‚brainstorming David
Beckham’s underpants‛
 Market demographics
 Market segmentation

 Brand identity
 Aspirationalqualities
Brainstorm: How could media organisations use
‘celebrity endorsements’?
But, it’s all about ‘conversion’
Isn’t it?


Advertising can play a key
role in the ultimate aim of
most marketing activity:
selling stuff



How can media
organisations monitor the
success of advertising?






Establish ROI
Sales data can set a
benchmark
Monitor impact/progress
from that benchmark

Beyond sales: Are there any
alternative ‘value metrics’
that advertising can offer?
Advertising: cultural
resonance

Cadbury Schweppes reported 5%
revenue growth in 2007
Charity: awareness
Added value: social capital

Music sales: Just over 100,000 copies sold to date.
iTunes charts: 28 countries. Peaking at No. 3 in Hong Kong.
Free downloads: 250,000
Pirate downloads: Plenty

Youtubeviews: 59.9 Million
Social shares: 3.94 Million
Game: 15.1 Million players
Current daily players: 1 million
App Store ranks: No. 1 free app
in 18 countries
Earned Media: $60 million in six weeks.

REDUCED ACCIDENTS BY
21%
Multimedia Dumb Ways to Die
Next week: More digital ads, more
social
 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
 Check out our web 2.0 learning resources (P.S. they

don’t exist yet)

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Lecture 4 products and advertising final

  • 1. ADVERTISING: KEY THEMES JN2702 – David Beckham’s pants
  • 2. recap  Considered how to understand an audience: demographics and segmentation  Psychographics can help you understand your market’s values and interest areas  Old marketing structures put in place a range of gatekeepers  Digital platforms offer a new way to engage with people/audience/consumers/prosumers  Market research can be employed to help you get to know your consumers  Marketers need to know the capacity of their company  Ps and ABCDEs can offer a good structure to generate a marketing plan  Marketing plans need to be considered over a short, medium and long term strategy  Constant vigilance is required within competitive and changing marketplaces
  • 3. Today and next week’s plan  Look at advertising  Look at online advertising  Look at how online advertising generates cash  Look at viral advertising  Look at viral sustainability and new opportunities  Look at David Beckham’s underpants
  • 4. Key reading  Powell et al: Celebrity can be a useful tool when positioning a product or service  Powel et al: A range of research methodologies can be used to establish what your consumers and audience want, require and are content with  Powell et al: Advertisers work within specific markets and segmentations. Ultimately, they see fragmentation  Powell et al: highlight the concept of ‘glocal’ and some of the issues arising from it, in terms of geographic recognition  Powell et al, Zyman and Tapscott: Social networks should be seen as places for conversations, and herald the concept of user-engagement  Powell et al, Zyman and Tapscott: The web allows us to choose who, what and how we interact with
  • 5. Remember: Media as dual product (Picard, 2010)   Advertising Subscription/purchase Organisations may need to keep both ‘customers’ and advertisers’ happy Or figure out how a new media product will pay for itself down the line without relying on advertising or subscription revenue. Either way, eyeballs are key
  • 6. The Advertising Conundrum “Half the money I spend on advertising is wasted, the trouble is I don’t know which half.” John Wannamaker
  • 7. Marketing Ps: Positioning  Positioning is open to a number of interpretations  Generally, positioning can be understood to create an impression of a product within the mind of a target audience, and within the market as a whole  Advertisements can assist in positioning a brand in the minds of consumers, or re-align a brand that marketers feel is not occupying the correct market ground Don’t worry, the next two slides feature David Beckham
  • 10. Things to consider when ‚brainstorming David Beckham’s underpants‛  Market demographics  Market segmentation  Brand identity  Aspirationalqualities
  • 11. Brainstorm: How could media organisations use ‘celebrity endorsements’?
  • 12. But, it’s all about ‘conversion’ Isn’t it?  Advertising can play a key role in the ultimate aim of most marketing activity: selling stuff  How can media organisations monitor the success of advertising?     Establish ROI Sales data can set a benchmark Monitor impact/progress from that benchmark Beyond sales: Are there any alternative ‘value metrics’ that advertising can offer?
  • 13. Advertising: cultural resonance Cadbury Schweppes reported 5% revenue growth in 2007
  • 15. Added value: social capital Music sales: Just over 100,000 copies sold to date. iTunes charts: 28 countries. Peaking at No. 3 in Hong Kong. Free downloads: 250,000 Pirate downloads: Plenty Youtubeviews: 59.9 Million Social shares: 3.94 Million Game: 15.1 Million players Current daily players: 1 million App Store ranks: No. 1 free app in 18 countries Earned Media: $60 million in six weeks. REDUCED ACCIDENTS BY 21%
  • 17. Next week: More digital ads, more social  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  Check out our web 2.0 learning resources (P.S. they don’t exist yet)