Showing posts with label online advertising. Show all posts
Showing posts with label online advertising. Show all posts

Thursday, January 19, 2012

The Sky is Falling....



And in breaking news:
“ComScore Study finds 31% of Display Ads Never Seen”
“UH, OH! Facebook Pages Only Reach 17% Of Fans”
Crikey, I thought over my morning cuppa. We are all doomed. Or are we? Let’s break it down:
The only real new news here is the ‘31%’ in the headline. We all know that a percentage of ads are never seen and that’s ok because there are lots of perfectly relevant reasons for this. We all know CPC media buys deliver squillions of impressions and no-one really expects that every single one of them will be seen. Because the buy is based on clicks, wastage isn’t an issue.
As for ad impressions being delivered outside of geographic areas – well duh. We all know that ad serving isn’t an exact science and that some networks aren’t that rigorous with their targeting.
At the end of the day, if you want a guarantee that your ads will be seen (as much as there is a guarantee) then you need to pay for premium placements in contextually relevant environments. Media Planning 101 is to ensure you have the right mix of high reach/low cost placements which deliver cost effectiveness and premium, contextually relevant placements that deliver awareness and give the campaign a presence. The split is different for each brand/campaign, but a good starting point is 60/40 (and which way round that goes will depend on whether your objectives are awareness or response).
Anyhoo – its all a bit of a moot point as the real story behind this is ComScore’s announcement that they have launched a new “Validated Campaign Essentials” report which in a nutshell reports back on campaign wastage.
So on to the headline that Facebook pages only reach 17% of fans. If some of the brand pages I ‘like’ are anything to go by, this is also no surprise. For a start, some of the “content” they offer is so offputting I have ended up in the -5% propensity to buy category more than once. Secondly – the sheer volume of content appearing on my wall in any 24 hour period is overwhelming. And I don’t even have that many friends.
If you are managing a brand page on Facebook it’s essential to have an always on media budget set aside to support the page outside of wider campaign activity. Your campaign budgets should be used primarily to grow connections so that your always on budget can be used to build engagement through judicious and clever use of the sponsored stories product.
What I loved about the blog was the insight into a reporting metric we could all do with keeping an eye on – “average post visibility”. I’ll be adding this to our reporting metrics from here on in. And we could all do with keeping the “Tips for Solving Facebook Post Visibility Problems” close at hand.
So, I can get on with my work today in the safe knowledge that the sky is in fact not falling. Not today at least.

Wednesday, October 12, 2011

Smartphones & Mobile Search – A New Zealand Perspective

I recently attended a BBQ and a friend raised the question “does anybody know the score in the rugby?” to my amazement a friends grandfather pulled out an iPhone, made a search and announced the score.

So, it's safe to say that smartphones and the performing of searches on these devices is not a fad. The following stats back up this view;

  1. A study conducted by Canalys in late 2010 identified that 27% of New Zealanders had a smartphone and Google have predicted that in mid-2011 smartphone penetration reached 35% with the trend to continue.
  2. Based on data published by the IAB NZ, 55% of smartphone users have accessed a search engine via their mobile phone.
  3. Internal Google data indicates that between 7-10% of searches are performed on a mobile device.
The way we use these devices has also started to change significantly as evidenced by these trends;
  1. Until recently, mobile searches were heavily weighted towards quick, low consideration, functional searches for products and services such as movie session times, restaurant addresses, driving directions, etc… but now the time spent online using a mobile device is increasing, with people interacting via social media sites, conducting in-store competitor price/product comparisons, consuming media and making purchases.
  2. A recent Google User Behaviour Study identified that one in three searches on a mobile is locally related.
  3. People’s path to purchase is typically a lot shorter when searching via mobile devices. For example, a recent US study identified that 61% of individuals who made a search for a service on a mobile device called the business and 59% visited the business.
2011 has undoubtedly spelt the rise of the smartphone and we believe that this trend will continue through into 2012 and beyond. The mobile device is closing the gap between generic search based product consideration and purchase. Our recommendation - consult with your agency, prepare your website for mobile users, develop a Mobile Search strategy and take advantage of this ever-growing market.

Saturday, August 1, 2009

Pencil bookings - a campaign to remove this

Is there really anyone in the NZ market that actually likes the pencil booking system that exists for premium display media? For those of you who don't know, several large publishers (and a few small ones) maintain a pencil booking system.

How does this work? I enquire about availability for a specific placement on a specific date, and it's available, I have the option of 'pencil booking' the placement. This means that although I am not accountable for confirming the booking, I have first right of refusal on it if another media person 'challenges' for the booking. A challenge means they're committed to buying that spot.

Which brings the second point - if I'm investigating availability, and I get told that something I want is 'pencil booked', I'm more inclined not to bother going through a process to get the client to agree to a date, then challenge the booking. I'll find a way to reach the same audience elsewhere.

Over the past few months I've been struggling to understand what value this system provides to anyone, except the few media people who like the security blanket of knowing that they have first right of renewal on placements, and that their media plan will be able to go ahead if the client signs it off. Or the media owners who have a false economy based forecasting system.

I understand that there are dates - e.g launches where a date is preferable. However it's time for clients and agencies to put their money where their mouths are. If you're committed to a date and ready to book, book. But not hold onto a placement because it 'might' go ahead. Let's leave this hokey system back in the dark ages where it originated.