22. So what does the Long Tail mean? US portals lost 5% online revenue in 2007 to narrower content sites & search engines as spending followed consumers down the tail across a more fragmented Web Business of Content Broadcast Mass Media Internet Me/We Media
23.
24.
25. Targeting vs. Reach: The Big Picture commercial in confidence Reach Targeting 1,000,000s 100,000s 1,000s 10,000s 1 10s 10,000,000s Billions Millions Thousands 100s Smallest individually Addressable Market in terms of Unique Browsers Aggregated Total Addressable Market in terms of Unique Browsers Too Small To Sell Unless Content is Highly Unique Site Traffic needs to be Aggregated within a Publisher Network Massive Reach but little targeting Run of Network Sales at lower CPMs Critical Mass Reach AND Highly Targeted Very high CPMs But Requires High Technology for scale Medium to Large Reach AND Some Targeting Variable CPMs depending on Target Parameters and Advertiser Interest But Requires Medium Technology for scale
26. Targeting vs. Reach: Where the Players Fit Reach Targeting 1,000,000s 100,000s 1,000s 10,000s 1 10s 10,000,000s Billions Millions Thousands 100s Smallest individually Addressable Market in terms of Unique Browsers Aggregated Total Addressable Market in terms of Unique Browsers “ Hundreds of markets of Millions” Niche Individual Publishers Variable CPMs Tier 2 / Performance Ad Networks Low CPMs Highly Automated Minimal Human Sales Tier 1 / Full Service Ad Networks High CPMs Dedicated Sales Team Popular Vertical Individual Publishers Variable CPMs Major Portals Variable CPMs Customised Aggregation Sites Variable CPMs “ Millions of markets of Hundreds”