Tag Archive for media

The Future of Advertising Will Be Integrated

Banner Ads. They first started in 1994 and are therefore almost as old as the Web itself. They were very effective back then, with the original ad garnering a 78% click-through rate (CTR)!  I guess from there we had nowhere to go but down.

Nowadays banner ads get on average 0.2% CTR meaning for every 1,000 ads that are served up only 2 people click on them. And as Jon Steinberg of Buzzfeed points out, the CTRs for social media banner ads are just 0.08%.

Holy Shiitake!

Despite its creation more than 15 years ago, banner ads have been surprisingly resilient despite their lack of efficacy. In the IAB study that revealed the graph above, brand advertisers indicated that their number one objective in online advertising was “creating awareness” followed by “creating purchase intent” or “likelihood to recommend” the product. Yet these seem to be the least effective attributes of banner advertising.

Read on at techcrunch

CHART OF THE DAY: The Most Successful Facebook Ads

I found this Article on Business Insider:



Facebook users are far more likely to click on ads for entertainment, media sites, and blogs than for other kinds of ads.



This chart from a recent Webtrends survey of more than 11,000 Facebook advertiseements measures clickthrough rates (red) and cost per click (blue) for different categories of ads. There’s a huge jump in clickthrough rates for the last two categories — Media & Entertainment and Tabloids & Blogs. In other words, stuff that’s fun to discuss with friends.



Read more: http://www.businessinsider.com/chart-of-the-day-facebook-ctr-cpc-per-sector-2011-1#ixzz1Cio7ls66


Media Futurist @ PopAkademie

Yesterday the media Futurist and blogger, author, etc, Gerd Leonhard was at the PopAkademie in Mannheim and spoke about the future of music and the media business.

You could download his presentation @ http://www.mediafuturist.com/files/gerd_leonhard_at_popakademie_mannheim_print.pdf

It was a really cool presentation, although I already saw him at Cebit 08. At the Cebit it was a more general presentation on the future of media. At the PopAkademie he spoke more about the business business and about the marketperspective for artists, labels and the relevance of new business models.

To learn more about his view of the future music market. Download his book, it is for free:

(Creative Commons Licencse) http://www.music20book.com/

In a nutshell: like in the radio: music is for free and the adverstisment gets more and more important to generate revenue for labels and artists. In additition a “feels like free” flateratemodel is also possible. But what he definitely denied was the itunes like a la carte download. This will not be possible in the future.

 

Today 95% are not paying for music and I could agree with him, a la carte download has no real future for the mass market as standalone. But for bundle with the broadband, mobile contract, isp etc i really would make sense to combine music offerings and hardware or network access. Good examples: Musicload/Dt Telekom – Arcor/Napster – Nokia/Comes with music etc. I think in other countries more examples could be found that bundles will coming up soon.

Gerd has most of the ideas in one of his videos, ppt or in his book! So i really recommend to read some of his writings!

 

 

 

Great Article on the reasons for success of social networks and communities

The author had hard lessons to learn to write this article:

An Important Lesson About Grassroots Media
I learned — the hard way — some truths about grassroots content and online community. This is my attempt at preventing you from going through similar business heartache.
By Steve Outing

http://www.editorandpublisher.com/eandp/columns/stopthepresses_display.jsp?vnu_content_id=1003677395

Thanks Nate for the recommendation

http://nathanaels.livejournal.com/

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