Presented to a group of Chinese media entrepreneurs at The Hong Kong University's Journalism and Media Studies Centre. A summary of some of the major trends in digital media from my vantage point.
2. Looking at the last year, there are a few themes that
appear to drive innovation globally:
q Bandwidth & Devices
q Distribution & Fragmentation
q Product Metrics
q Storytelling
q Advertising & the evolution of marketing
Some Themes
3. Devices Multiply
Mobile Access to the Internet has also expanded through the range of
devices with mobile connections:
Smart
Phones
Tablets
Watches
Glasses
Drones
Sensors
4. Mobile Broadband Expands
Mobile broadband rapidly more available and at speeds significantly
faster than “online” speeds.
q 4G: Applications and services expand globally
q 5G: SK Telecom (Seoul) announced the launch of new “super fast”
service in 2015, that will reach over 300 Mbps.
Korea, Scandinavia, among other markets have enabled a trial
protocol that will be significantly faster than current 4G/LTE and
wired broadband.
Korea plans to implement the 5G protocol in time for the
2018 Pyeong Chang Winter Olympics
14. The New Marketing
q Programmatic buying and ad exchanges:
- Commoditizing page views/ad impressions
- Creating value in the stream data (metrics)
- Pricing real time and competitive
Advertising drives online behavior that can be
measured and optimized – sales, email sign-ups, mall
visits, …
q Brand advertisers become media entrepreneurs
- Content Marketing Expands
- Video and Viral Campaigns Dominate
15. Summary
q Types of content grow with the devices supplying/consuming the content
q Bandwidth makes video (and audio) an increasingly important content
choice – in video/audio/photo information retrieval coming soon
q Fragmentation drives consumption (and revenue)
- Discovery not on your site (2005)
- Consumption not on your site (2013 …)
q Metrics required to innovate in platform, content and distribution
q Audiences will pay for high value content or associated services
q Marketing changes driving new ad models
- Pricing, Branding and Ad Units all change
- When you have the audience you can create a marketing offering