Archive for the 'Media' Category

What You Don’t Know About One-Night Stands

May 10, 2013

Content MarketingIf you’re reading this text, clearly I’ve captured your attention. I’m sorry to say this isn’t an article about one-night stands.

At some point in recent years, many of us have likely clicked on what we thought would be an interesting article only to discover that it was a paid advertisement in editorial guise. Content marketing is not a new concept, but it’s becoming an increasingly popular strategy for media companies and brands to team up on new ways to drive revenue. According to Pew Research Center, sponsored content increased by 56% in 2011 and is still on the rise.

Edelman’s Chief Content Officer Steve Rubel stresses that sponsored “content is no longer optional. It’s imperative.” At BRITE ’13 Rubel explains, “It’s hard now to amass large audiences the way you used to. And that means money problems for everyone.” He notes, however, that “out of economic disruption come great opportunities.” Rubel says that display advertising has become less lucrative in recent years, and can even drive down CPM. Content marketing, on the other hand, is a fraction of the cost with the potential for greater results.

Steve-Rubel_BRITE13_VideoImage_Resized

Linda Boff, executive director of global digital marketing at GE, explains that it’s more Consider Wine Enthusiast magazine. Sure it’s a media company, but it’s also a brand. By incorporating custom content, Wine Enthusiast successfully increased site traffic by 154% and boosted monthly email opt-ins by 50%. Director of Internet Marketing Erika Strum tells MarketingSherpa:

We put time into creating… content that helps people either make a buying decision or entertains them. Even if they aren’t making that purchase in the moment, we feel that they will come back to us as a… source of information.

Rubel has identified three ways that brands are partnering with media companies—syndication, integration, and co-creation. These partnerships borrow from traditional marketing models like paid media and product placement, but they now overlap with owned and earned media as an additional driver of revenue.

  • Syndication: Rubel describes this method as “advertorial reinvented.” Sometimes the sponsor scripts the content, sometimes the publisher assumes this role, and sometimes they work together to design content.
  • Integration: Similar to syndication, integration stems from product placement. But rather than placing a product within eyeline (think Wayne’s World) the brand becomes part of the narrative (think Mad Men).
  • Co-creation: The primary difference with co-creation is that the sponsor provides the funding, but the media company takes responsibility for the content. Rubel likens this to a sports stadium. Gillette bought the naming rights to the home stadium of the New England Patriots, but Kraft Sports Group, which owns and operates the venue, is responsible for the action on the field. Okay, okay, “action” may not be what non-New Englanders would call it. But you get the point.

Google Inbound Marketing Agency

While many media companies have embraced sponsored content, some are still resistant. Google for one refers to this as “commerce journalism” and explicitly states on its website:

Stick to the news–we mean it! Google News is not a marketing service…. [If] we find non-news content mixed with news content, we may exclude your entire publication from Google News.

As with anything, there are associated risks. It can offer control of content, data and measurement, and opportunities for innovation. But there is the potential for backlash. You may recall this past January The Atlantic issued an apology for posting a content piece from the Church of Scientology. Readers complained that it resembled a traditional editorial, not clearly identifying that it was a sponsored article. “We screwed up,” were the words of The Atlantic‘s media relations team.

atlantic-scientology

Rubel emphasizes, though, that sponsored content isn’t going away, at least not any time soon. He advises businesses to adapt to this marketing model. “You have to put a content engine inside your company. If it’s not there already, you have to think about how to get it in there.”

What do you think?

Watch Rubel’s BRITE ’13 talk to learn more about the benefits, and the risks, of these new media-brand relationships.

By Allie Abodeely

Investing in Unconventional Thinking

April 23, 2013

PJA Some of the best brand stories emerge from unconventional thinking, especially in a market environment where pure financial wins are harder and harder to come by. Big blue-chip companies are increasingly turning to less traditional methods for expanding brand awareness and affinity by adding a more “human” touch to their marketing efforts. At the BRITE ’13 conference, PJA Advertising + Marketing’s President Mike O’Toole led a panel of marketers from Intel and PepsiCo who have invested in just this type of thinking. Panel members relayed some unique brand-building tactics and how they’re positioning themselves for stronger relationships with current and future customers.

O’Toole, host of PJA Radio’s “The Unconventionals”, started the conversation by noting some of the common characteristics of outside-the-box approaches. In particular, he highlighted the long-term nature of these initiatives, saying, “There’s a sense that if you create experiences that your customer cares about, the goodness will accrue back to you over time.” He also notes that content-owned platforms, vs. external media sponsors, have become a popular tactic in recent years. Txchnologist, an online magazine created in partnership with and sponsored by GE, is one example. Populated by a network of freelance writers and reporters, Txchnologist articles and op-eds discuss technology and innovation’s impact on modern day society. Through this vehicle, GE is able to drive conversation in the space and strengthen its position as an industry thought leader.

Another approach is to provide an outlet or resource that allows consumers to relate better to, or learn from, a brand. Both Intel and PepsiCo have heavily relied on this strategy, lending to the success they’re now seeing nearly three years after kicking off their respective initiatives. Intel’s Creators Project was developed to support new and emerging artists in music, film and design. Run by Creative Director David Haroldsen, the Project produces videos, releases albums, and builds stages for bands, among other things – all in the hopes of showing younger generations how technology enables them to reach larger audiences and celebrate creative expression.

PepsiCo, on the other hand, dedicates about 10% of its digital media spend working with startups during their nascent stages, believing that early investment in these highly innovative companies will lead to valuable business partnerships down the road. PepsiCo Beverages’ Global Head of Digital Shiv Singh tells Crain’s, “We decided to formalize a relationship, to really think about how to bring infrastructure to supporting startups, helping them help us.” Singh likened the relationship to a venture capital firm, but without the need for a checkbook. Startups benefit primarily from PepsiCo’s guidance on things like monetization strategies and marketing insights. PepsiCo team members co-locate incubator spaces, sponsor key events and broaden media relationships. In turn, these startups help develop PepsiCo’s credibility in the social and digital spaces.

Both Intel and PepsiCo have hit plenty of speed bumps before achieving the results they are seeing today. The panelists were also quick to underscore the importance of ongoing measurement. Data and findings from focus groups, website traffic, and attendance at sponsored events are critical to recalibrating program strategy where needed and helping to secure increased budget, time and credibility.

Watch BRITE ’13’s “Unconventional Marketing Investments” to learn more about how PepsiCo and Intel go beyond traditional marketing tactics to strengthen consumer engagement.

Visit Public Radio Exchange for full episodes of “The Unconventionals,” a PJA Radio Production with academic sponsor The Center for Global Brand Leadership at Columbia Business School.

BY NANDITA RAY

What’s Next for Brands in Online Video

February 5, 2013

Kerry TrainorIn the last few years, marketers have increasingly turned to visual storytelling through online video platforms, like Vimeo and YouTube, to get their brand’s message across to consumers. As a result, the competitive landscape for online video went into overdrive in 2012.

With new kids on the block like VooPlayer, LeadPlayer and Wistia, established companies such as Vimeo and YouTube have had their work cut out to differentiate themselves and retain their lead in the marketplace. These players are offering features that marketers can tap into. According to Business2Community, these sites allow creators to brand their content, conduct data analysis, create call-to-action overlays and automatic video sitemaps, as well as offer a more intuitive interface. The options for uploading and sharing high quality video online are endless these days.

So, how is Vimeo, the IAC-owned video platform, handling this uptick in competition? CEO Kerry Trainor is more focused on generating revenue for the user than increasing functionality.

Trainor tells Fox Business, “It’s always been part of the vision to not just provide that great environment to showcase this content, but to start to empower these creators as they build businesses.” Last fall, Vimeo launched a new feature, a virtual “tip jar.” Take for example an amateur filmmaker who posts a timelapse video of the breathtaking Aurora Borealis in Alaska on Vimeo. Say a viewer is wowed by that video.  At the click of a button that person could tip the content creator anywhere between $0.99 and $500. When you consider the fact that Vimeo attracts about 41 million unique viewers each month, that’s a tremendous audience to potentially reach.

Vimeo does pocket 15% on every donation. And only creators who subscribe to Vimeo’s premium services can participate. Trainor, however, alludes to an option down the road where content developers and brands will be able to bypass cable companies and offer their unique video content directly to their audiences on their own terms and pricing.

Regardless of how the fast-moving video industry continues to evolve, Trainor is confident that bolstering Vimeo’s top-line is the best course of action in the short-term – perhaps to seed future innovations in features and usability.

See Mr. Trainor speak about the changing role of online video in brand strategies at the BRITE ’13 Conference (March 4-5).

BY NANDITA RAY

Driving Social Change in Lebanon

June 6, 2012

Here in the United States, we’re all too familiar with the concept of “road rage,” often finding ourselves lambasting other drivers for their blatant disregard for the rules and safety of the road, only to be met with expletives, hand gestures, and even indifference.

As we know, this problem isn’t unique to the U.S. But countries tackle these perils in various ways. Columbia Business School, with the support of the Center on Global Brand Leadership, recently published “Cheyef Halak: Driving Social Change in Lebanon,” a case study on how one country took on this challenge, but with a greater purpose in mind—to build an advocacy program inciting overarching social change.

In 2011, LBCI, a popular television network in Lebanon, with then Interior Prime Minister, Ziad Baroud, and Impact BBDO, created the award-winning Cheyef Halak campaign. Cheyef Halak integrates marketing and social media with sardonic messaging to address reckless driving in Beirut. But it isn’t solely about negligent drivers. Rather it used this topic as a launching pad to address a range of issues encompassing internal corruption and civic responsibility.

Described as a “civic movement based on citizen journalism,” Cheyef Halak is a platform on which Lebanese citizens photograph and report irresponsible and dangerous behaviors of individuals who consider themselves above the law. Pictures and videos of violators in action are posted on Cheyef Halak’s Facebook page and Twitter feed, creating what has been referred to as a “Wall of Shame.”

Cheyef Halak Facebook Page

The phrase itself means “Do you see yourself?” but is more commonly understood in sarcastic terms as “Are you proud of yourself?” Instead of taking a patronizing tone, however, the campaign incorporates commercials and outreach embodying a more satirical personality, using irony and humor to engage its audience.

Through traditional and emerging media, the campaign took off with measurable success. Within its first seven months, citizens captured over 2,300 road incidents and posted 100 videos. By the end of 2011, its Facebook page had attracted 27,000 “Likes” and its videos had garnered 68,000 views, now at more than 41,000 and 131,000, respectively. Not bad for a country with only 4.1 million people, about half the size of New York City’s population. It also won the 2011 Gemas Effie gold award for best use of corporate social responsibility, as well as several awards from MENA Cristal and Dubai Lynx.

Support for the cause has caught on with schools and other institutions. And in December 2011, the collected photos and videos were submitted to the current Interior Minister for potential use in policy initiatives.

LBCI and Impact BBDO must now consider challenges as they look towards the campaign’s future. The founders are taking into consideration long-term sustainable impact, keeping messaging fresh and inspiring, raising funds, and whether they can effectively broaden the effort to tackle other areas of political and social strife.

The team remains confident that its initiatives will continue to grow, and as Prof. Asim Ansari and his fellow case writers note, “[The campaign] had empowered everyday Lebanese to become change agents able to track, report, and capture violators when state agencies were unwilling to do so.”

“Cheyef Halak: Driving Social Change in Lebanon” was a collaborative effort written by Columbia Business School’s Prof. Asim Ansari, Prof. Kamel Jedidi, Ziad Naamani (MBA ’12), Prof. Scott Schriver, and Prof. Olivier Toubia.

To order copies of this case study, visit Columbia CaseWorks.

BY ALLIE ABODEELY

The Seesaw of Internet Freedom and Regulation

February 21, 2012

Author Jeff Jarvis is torn. In his most recent book, Public Parts: How Sharing in the Digital Age Improves the Way We Work and LiveJarvis argues against internet regulation.  At the same time, he advocates government enforcement of net neutrality, itself a form of regulation.  It’s not only Jarvis who struggles with what level of regulation, if any, is needed and for what purpose.

Secretary of State Hillary Clinton delivered a speech in 2010 defending internet freedom.  She called for “a single internet where all of humanity has equal access to knowledge and ideas.” The following year she delivered another speech which simultaneously condemned censorship and attacked WikiLeaks for its release of government data.

On his blog, Jarvis looks at the tension between freedom and regulation, the need for open exchange and the right to privacy and protection. In a recent post, “We Are the Lobbyists,” Jarvis further explores the consequence of these frictions:

The proposed SOPA-PIPA bill is designed to fight online trafficking of copyrighted intellectual property. The proposed bill, and resulting protest, brought many issues to the fore including the dramatically changing natures of media business models, the evolution in the value of content, the undermining of institutions’ previous unchallenged power.

It also created an environment where millions of consumers became lobbyists, using the net to defend internet freedom. The internet provided a platform in which users could make an impact without using “influence peddlers” or political commercials.  The movement only “needed citizens who give a shit. Democracy.” It is up to the internet public to protect the “tool of publicness.”

See Jeff Jarvis speak about the balance of internet privacy and publicness at the BRITE ’12 Conference (March 5-6, NYC).

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BY KIM SHIFRIN

 

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