- From: Don Marti <
>
- To: Datar Sahi <
>
- Cc: Doc Searls <
>, Jim Bursch <
>, ProjectVRM list <
>
- Subject: Re: [projectvrm] Mobile is hitting the nuclear reset button
- Date: Wed, 9 Apr 2014 20:36:59 -0600
Datar, you have summed up the conventional wisdom on
online advertising very nicely.
And you won't find any trouble finding plenty of people
to agree with you:
http://www.lumapartners.com/lumascapes/marketing-technology-lumascape/
But if this consensus is right, today, then Sanford
Wallace was right about email spam almost 20 years
ago. So what happened to email spam?
http://zgp.org/~dmarti/business/where-is-all-the-spam/
(Before I was on the Internet, I kept my ad-filled
magazines and my Yellow Pages, but recycled my direct
mail -- even though the last one was the most
personalized. Same goes for online. Anyway, long
version here:
http://zgp.org/targeted-advertising-considered-harmful/
)
begin Datar Sahi quotation of Wed, Apr 09, 2014 at 03:15:07PM -0700:
>
>
Hi Don,
>
>
Personalized ads make impressions (audiences) more valuable.
>
>
Example1: CNN.com has an ad on their homepage for home mortgage loan. Only
>
.001% of folks that day are interested in a home loan.
>
- Data aggregators inform CNN based on behaviors, credit scores etc
>
that they should only target 1000 visitors (impressions) to that site for
>
that day. This frees up all other impressions (visitors) so they can
>
receive different ads personalized to their data
>
Example2: Mazda knows you are in-market for a mid-size sedan. They know you
>
are graduate degree educated and have high HHI and visit engineering
>
blogs/content. They also know you are an environmentally friendly person.
>
- They serve you an ad that highlights the gas mileage
>
- They serve me an ad that highlights horsepower and cool factor
>
based on my data
>
- They serve Doc an ad that highlights easy financing and local
>
dealer (value and ease of purchase)
>
Each of the sub bullets above is a personalized ad for the same exact car
>
and the advertising community exists to show value in the above.
>
>
The biggest cliche in the advertising: Show the right ad to the right
>
person at the right time = Personalization.
>
>
Incidentally, all of the above can be done at scale and is already
>
happening.
>
>
Datar
>
>
>
>
On Apr 9, 2014, at 10:18 AM, Don Marti
>
<
>
>
wrote:
>
>
> I'd split the categories into three, not two --
>
> normally I'm a lumper not a splitter, but I think
>
> it's important here.
>
>
>
> Category Offline example Online example
>
> ---------------------------------------------------------
>
> Search Yellow Pages Google AdWords
>
>
>
> Signaling magazine ad, TV spot Nobody (!)
>
>
>
> Direct direct mail, telemarketing Everybody (!)
>
>
>
> (Personalizing ads makes them less valuable, so
>
> predicting that every ad will be personalized is the
>
> same as predicting a collapse of the ad business.)
>
>
>
> Don
>
>
>
>
>
> begin Datar Sahi quotation of Wed, Apr 09, 2014 at 09:00:43AM -0700:
>
>>
>
>> 2 categories of ads here:
>
>>
>
>> 1 mass reach upper funnel: more content and awareness driven. No call to
>
>> action and just reinforcing a brand.
>
>> 2 personalized, refined targeting and stronger call to action
>
>>
>
>> Marketers (businesses) need both. Without awareness, you can't achieve
>
>> efficient actions.
>
>>
>
>> There are very few mass reach plays today all of the fragmentation
>
>> (consumption habits). Every ad in the future will be personalized.
>
>>
>
>> Datar
>
>>
>
>>
>
>>> On Apr 9, 2014, at 8:45 AM, Don Marti
>
>>> <
>
>
>>> wrote:
>
>>>
>
>>> Sure, but the Super Bowl as an ad medium was always
>
>>> the most regulated, high-end, and "curated". Yes,
>
>>> the budgets and production values have gone up and up,
>
>>> but there was never a time when Super Bowl ads were
>
>>> as low-class as say, email spam, or the Facebook ads
>
>>> that older women seem to get:
>
>>> http://zgp.org/~dmarti/business/facebook-ads/
>
>>>
>
>>> "Times Square outdoor advertising" is a category that
>
>>> has gone from skeevy to high-class, but it seems like
>
>>> a rare exception (that wouldn't have been possible
>
>>> without the economic and legal changes in the whole
>
>>> neighborhood, even the whole city).
>
>>>
>
>>> Don
>
>>>
>
>>> begin Doc Searls quotation of Wed, Apr 09, 2014 at 10:57:04AM -0400:
>
>>>>
>
>>>> There are many distinctions to be made in the advertising business.
>
>>>>
>
>>>> As for Times Square... I dunno. It might be a cultural attainment of
>
>>>> some kind, but it's also an exceptions (bold and flashy electronic
>
>>>> billboards) that don't generalize well to the whole category. Another
>
>>>> is Super Bowl ads. People go to both so they can witness the best
>
>>>> exemples of a category they otherwise ignore or avoid.
>
>>>>
>
>>>> Doc
>
>>>>
>
>>>>> On Apr 9, 2014, at 10:46 AM, Jim Bursch
>
>>>>> <
>
>
>>>>> wrote:
>
>>>>>
>
>>>>> Some might argue that billboard advertising has attained a higher
>
>>>>> value as it has evolved with technology (Times Square comes to mind
>
>>>>> as another cultural attainment of advertising). And I suspect that
>
>>>>> billboards are the closest thing to a pure "ad medium" -- as opposed
>
>>>>> to some other medium to which ads are added. A distinction needs to
>
>>>>> be made between an "ad medium" and an "advertising-supported medium."
>
>>>>> Jim Bursch
>
>>>>> 310-869-5340
>
>>>>>
>
>>>>>
>
>>>>>
>
>>>>> @jimbursch
>
>>>>>
>
>>>>>> On 4/9/2014 7:28 AM, Doc Searls wrote:
>
>>>>>> I agree, though Vogue may be in a tie with other fashion/specialty
>
>>>>>> magazines. The point is that the advertising itself is a kind of
>
>>>>>> editorial, and adds value to the whole thing. Brand advertising at
>
>>>>>> its best does that.
>
>>>>>>
>
>>>>>> Still don't have an answer for Don's question, though.
>
>>>>>>
>
>>>>>> Doc
>
>>>>>>
>
>>>>>> On Apr 9, 2014, at 10:22 AM, Jim Bursch
>
>>>>>> <
>
>
>>>>>> wrote:
>
>>>>>>
>
>>>>>>
>
>>>>>>
>
>>>>>>> I think of Vogue magazine as the highest cultural attainment of
>
>>>>>>> advertising.
>
>>>>>>> Jim Bursch
>
>>>>>>> 310-869-5340
>
>>>>>>>
>
>>>>>>>
>
>>>>>>>
>
>>>>>>> http://mymindshare.com
>
>>>>>>>
>
>>>>>>>
>
>>>>>>> @jimbursch
>
>>>>>>>
>
>>>>>>>> On 4/8/2014 11:44 AM, Don Marti wrote:
>
>>>>>>>>
>
>>>>>>>> begin Doc Searls quotation of Tue, Apr 08, 2014 at 11:36:20AM
>
>>>>>>>> -0400:
>
>>>>>>>>
>
>>>>>>>>
>
>>>>>>>>
>
>>>>>>>>> A fun find in the comments:
>
>>>>>>>>>
>
>>>>>>>>>
>
>>>>>>>>>
>
>>>>>>>>> <http://crappy-mobile-ads.tumblr.com>
>
>>>>>>>> Yes, that's great. (My favorite is the clippable
>
>>>>>>>> coupon. Yes, just a second while I take a pair of
>
>>>>>>>> bolt cutters to my phone...)
>
>>>>>>>>
>
>>>>>>>> Advertising history question: has there
>
>>>>>>>> ever been an ad medium that has gone from
>
>>>>>>>> crappy/spammy/disreputable to higher value? Or do
>
>>>>>>>> ad media get burned through never to recover?
>
>>>>>>
>
>>>>>>
>
>>>>>> -----
>
>>>>>> No virus found in this message.
>
>>>>>> Checked by AVG -
>
>>>>>> www.avg.com
>
>>>>>>
>
>>>>>> Version: 2014.0.4355 / Virus Database: 3882/7320 - Release Date:
>
>>>>>> 04/09/14
>
>>>
>
>>> --
>
>>> Don Marti
>
>>> http://zgp.org/~dmarti/
>
>>>
>
>>
>
>
>
> --
>
> Don Marti
>
> http://zgp.org/~dmarti/
>
>
>
--
Don Marti
http://zgp.org/~dmarti/
- Re: [projectvrm] Mobile is hitting the nuclear reset button, (continued)
- Re: [projectvrm] Mobile is hitting the nuclear reset button, Jim Bursch, 04/09/2014
- Re: [projectvrm] Mobile is hitting the nuclear reset button, Doc Searls, 04/09/2014
- Re: [projectvrm] Mobile is hitting the nuclear reset button, Don Marti, 04/09/2014
- Re: [projectvrm] Mobile is hitting the nuclear reset button, Datar Sahi, 04/09/2014
- Re: [projectvrm] Mobile is hitting the nuclear reset button, Don Marti, 04/09/2014
- Re: [projectvrm] Mobile is hitting the nuclear reset button, Kevin Cox, 04/09/2014
- Re: [projectvrm] Mobile is hitting the nuclear reset button, Datar Sahi, 04/09/2014
- Re: [projectvrm] Mobile is hitting the nuclear reset button, Saúl Trujillo Suárez, 04/09/2014
- Re: [projectvrm] Mobile is hitting the nuclear reset button, Don Marti, 04/10/2014
- Re: [projectvrm] Mobile is hitting the nuclear reset button, Doc Searls, 04/10/2014
- Re: [projectvrm] Mobile is hitting the nuclear reset button, Don Marti, 04/09/2014
- Re: [projectvrm] Personalisation Works… up to the Uncanny Valley, Graham Hill, 04/11/2014
- Re: [projectvrm] Personalisation Works up to the Uncanny Valley, Katherine Kern, 04/11/2014
- Re: [projectvrm] Personalisation WorksŠ up to the Uncanny Valley, Datar Sahi, 04/11/2014
- Re: [projectvrm] Personalisation WorksŠ up to the Uncanny Valley, Doc Searls, 04/12/2014
- Re: [projectvrm] Personalisation WorksŠ up to the Uncanny Valley, Datar Sahi, 04/12/2014
- Re: [projectvrm] Personalisation WorksŠ up to the Uncanny Valley, Doc Searls, 04/12/2014
- Re: [projectvrm] Mobile is hitting the nuclear reset button, Jim Bursch, 04/09/2014
- Re: [projectvrm] Mobile is hitting the nuclear reset button, Jim Bursch, 04/09/2014
- Re: [projectvrm] Mobile is hitting the nuclear reset button, William Dyson, 04/09/2014
- Re: [projectvrm] Mobile is hitting the nuclear reset button, Jim Bursch, 04/09/2014
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