The charm of traditional advertising was in cost and efficacy. One ad could be produced and — with minor adaptation — pumped into a handful of media channels with enough repetition to create awareness and interest to buy. If advertisers are going to have to create unique formats mixed with unique content for each and every different channel and platform, it’s going to massively affect not only budgets and timelines, but also a brand’s ability to get their message out to a larger audience in the same way that they used to. The somewhat ironic irritant here is that marketers know and understand that the best kind of advertising is when the message feels unique and highly personalized to both the consumer and how the ad is placed within the context of the media channels.
Transition Trauma Guaranteed. We are currently experiencing a very unique combination of digitally-fueled disruptions: rising globalization and much increased economic interdependence of regions, nations, companies and people, widespread and hyper-effective socio-political activism via social networks and UGC media (especially video, as Koni2012′s 96Million views have shown), the rise of almost Wikileakean openness expectations by consumers and a new kind of ‘tyranny of transparency’ that has engulfed people around the globe, radical consumer empowerment based on waves of technological leaps and what is often referred to the ‘consumerization of IT’, and an overall sense of ambiguity and instability. These trends, to me, are showing that we are heading into an ‘it-all-depends’ – world rather than an either/or world. In this future, many yes/no situations of the past are becoming maybe’s – and this poses a real challenge to business planning and operations. Linear thinking can now be a real disadvantage; lateral, organic and fluid approaches are becoming a requirement to success. (via Gerd’s Guide to Disruption, Part 3: Transition Traumas, Brands with Purpose, Interdependence not Independence - Futurist Gerd Leonhard)
Trust will be everything. Social media and our real-time connections have prompted a new age of transparency and consciousness around values, motivations, behaviors and outcomes of institutions. Doing good marketing and advertising means embracing responsibility and accountability throughout your organization’s entire value chain. (via The future of advertising will be… Good stuff via The Media Online - Futurist Gerd Leonhard)
And in the news? The end of the news (newspapers, at least).
Keynote at Masterclass: digital challenges for creators and culture, Futurist Keynote Speaker Gerd (by Gerd Leonhard)
This was recorded Wednesday, 14 November, 2012 at Kulturstyrelsen in Copenhagen, at an event called “New business models for the creative industry - new challanges for the rightholders; Masterclass on the digital challenges of cultur. Topics include copyright, licensing of media, future of advertising and media, new revenue streams for creators, and much more. If you want the PDF with my slides please visit www.gerdcloud.com my dropbox file sharing site, browse to Presentations and look for Copenhagen. or browse http://www.slideshare.net/gleonhard/presentationswww.gerdcloud.com my dropbox file sharing site, browse to Presentations and look for Copenhagen. or browse http://www.slideshare.net/gleonhard/presentations
My vimeo channel is here: https://vimeo.com/gerdfuturist (also allows downloads)
(via CHART OF THE DAY: The Super Low Ad Rates For Mobile - Business Insider)
For what it’s worth, we don’t think it’s weird that mobile ads are worth so little. No one has really come up with anything great for mobile advertising for a standard publisher. Twitter, Facebook, and Google all seem to have decent mobile ad products. The rest of the web is using crappy banners.
I wonder how many people would pay to do this?
Consider what a company called EVRYTHNG, based in the United Kingdom, did for Diageo’s spirits marketing business last year. It ran a pilot program in Brazil for Father’s Day. The company enabled consumers to use smart phones to scan product codes on individual bottles of spirits, turning each physical product into a uniquely identifiable object of digital media. In this case, the giver could use his or her smart device to create a video for Dad and upload it to the cloud; the receiver, Dad, could then download the video to receive the gifter’s message. The result: increased loyalty to the brand; increased personalization of the brand experience; and increased insight for Diageo about how its products were bought, sold, and used. (via Advertising and the Internet of Things - Jeffrey F. Rayport - Harvard Business Review)
After hearing of Mozilla’s move to block third-party cookies unless users opted in to them, Mike Zanies, the Interactive Advertising Bureau’s general counsel, reacted fiercely on Twitter: “This default setting would be a nuclear first strike against ad industry.
Branded entertainment will continue to grow, fueling the need for higher-quality stories. The focus will be getting consumers closer to the product. This means bringing tactile feedback technology into the living room, smell and taste in TV advertising through new remote control apps or hardware, according to Puopolo. Some of the biggest changes will have to occur in analytics. Delivery and the way ads are tracked will also change. Meta data associated with content creation will enable targeted product placement.
Mobile advertising spending more than doubled globally last year, with increases set to continue for the next four years until the market is worth almost $37 billion by 2016. (via MobiAD » Mobile Advertising News » Mobile Advertising Sees Enormous Growth - Spending Doubles In 2012)
Data is the new Oil: 3 illustrations - which one do you think is best? The theme was coined by Clive Humby at AMA 2006, but I use it a lot in my talks and presentations, see the links here
The b/w piece was done by Sedat Oezgen, the green & cloud piece is by Gerry Alpern, and the people/cloud background was licensed from sevensheaven
The idea is that advertisers that use digital signage will not just show static images of models wearing clothes. Instead, as people walk up to the sign, they’ll get to virtually “try on” the clothing. To do so, the company behind Swivel, FaceCake, scans and measures clothes in-house. When a user steps up to the advertisement, the Kinect sensor analyzes the person, chooses the appropriate size, and layers it on his body.
Vint Cerf discusses an interplanetary internet.
Father of the internet, Vint Cerf, on creating the interplanetary internet
An animated infographic series called “Smart Community” by Toshiba shows facts about countries in relation to the rest of the world.
How Google Glass Works
By Martin Missfeldt.