How Will Online Advertising Change as More People Create Online Content?
Mike Sachoff of WebProNews reports on a new study from Deloitte&Touche that quantifies the common sense hypothesis that more and more Americans are creating more and more online content:
Close to 40 percent (38%) of Americans are watching TV shows online, 36 percent use their cell phones for entertainment and 45 percent are creating Web sites, music, videos and blogs, according to a survey from Deloitte & Touche.
In Deloitte’s first edition of the survey the “State of the Media Democracy” eight months ago, 24 percent of people reported using their cell phones for entertainment purposes, since then usage has risen 50 percent.
Beyond the easy conclusion that advertisers can no longer rely on strictly defined verticals such as “online” or “TV” and “radio” to reach a large segment of the population in one way or another, what do these growing numbers of online “citizen” content producers mean for advertisers already heavily engaged in the online world such as those in the PPC or affiliate space?
Again, I defer to the sage wisdom of Ze Frank on the implications of people becoming increasingly aware and knowledgeable about the tools of content production:
Here’s my take on what growing web literacy means to online advertisers and marketers:
1. Web users are becoming more savvy, regardless of their age or demographics. Relying on outrageous claims, seizure-inducing flash banners shouting “YOU’VE WON!” or deceptive emails are rapidly becoming less cost-effective every day.
2. Your product/service/site/solution/trinket has to engage web users with a compelling narrative of usability, productivity or efficiency in a more conversational manner. Product pitches work great in the CPM driven offline world of TV or radio spots where the message flows from a speaker or screen to the viewer or listener’s eyes and ears. However, the web is not a one-way medium and one-way product pitches will not work as well as engaging a web user.
3. Web users are fast becoming familiar with the tools marketers use to spread messages and are becoming much wiser as to how affiliate links and creatives work. Be open and transparent in your affiliate programs and don’t try to hide in the ivory tower of web knowledge.
Agree? Disagree? What did I leave out?
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http://www.rhinofish.com Pat Grady
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http://www.alliancesearchmarketing.com PPC Management
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http://www.revenews.com Sam Harrelson
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http://www.revenews.com Sam Harrelson
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http://www.rhinofish.com Pat Grady
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mike
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http://www.rhinofish.com Pat Grady
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http://www.jimkukral.com Jim Kukral
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http://www.rhinofish.com Pat Grady
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http://www.jimkukral.com Jim Kukral
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http://www.rhinofish.com Pat Grady
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http://www.jimkukral.com Jim Kukral
