Wednesday, July 30, 2008

Goodbye Yellow Pages?

Borrell Research predicts 39% of yellow page revenues will vanish as local advertisers shift spending to the internet.

This doesn't mean one less competitor for your Radio dollars!
Other Borrell findings report there are now more than 34,000 local sales reps peddling online products -- more than for any other medium. The chart at right shows that 84% of these reps are being fielded by newspaper and yellow pages companies, all cross-training sales reps to rush toward their most-promising growth opportunity. To date, and in the foreseeable future, directory companies have fared better than any other legacy media at this strategy, garnering about 14% of their total gross revenues from online sales.

Their report also details how online video commercials have emerged as the fastest-growing online ad format for small businesses. By 2012, they expect streaming video advertising to surpass all other formats, including banners and paid search. The report includes local online spending estimates for search advertising and streaming video for 210 markets.


Download a free executive summary of the report by clicking here.

My advice is to continue focusing on the task of finding a real customer need -- the one that goes beyond driving traffic, selling more ('whatevers'), and branding/awareness. Find the customer's pain and create a custom marketing strategy that integrates Radio and Web to provide both audience reach and message trackability in order to take their pain away. Solve the real problem and you'll have a customer for life.

Thursday, July 24, 2008

Landing Page Video Piracy

Interesting take on providing engaging content on an advertising landing page:
http://www.vidsense.com/touchofgray/index.html#evtv1-2121

"Touch Of Gray" took video accessible from a video sharing site of a scene from "A Few Good Men" and embedded the video player on a promotional page. Since the video was actually provided via a social site using their embedded video player, I think this effective skirts the issue of licensing rights -- the infringer is actually the site that provides the video -- not the owner of the landing page.

We use similar reasoning when posting music videos from YouTube on the Mix site and sports videos on The Fan -- this example took it a step further by using a single advertiser. This could be a concept to exploit for advertisers of our own.

A Veterinarian landing page that displays a funny animal video...
A Sports Bar that displays a funny beer commercials...
A Travel Agency that uses a clip from the movie National Lampoon's Vacation...
An Employment Agency that uses video from Office Space...
An Insurance Agency that uses videos of catastrophes...

Lots of possibilities.

Thursday, July 10, 2008

Videos Worth Viewing

A couple great media videos -- the first mocking banner ads (one of my favorite past times!) and the second mocking how pharma markets to women.





A Twist on Tips

Here's a nice twist I found on a "Top Tips" campaign...

Instead of a single sponsor, Yahoo used multiple continuing education programs (DeVry, Kaplan, etc.) to be 'featured schools' from a ten tips page that shared the best work-from-home job opportunities. To score even higher interest based on rising fuel costs, the tips article was additional tagged with the full title of "Stop Pumping Gas: Ten Hot Home Office Jobs."

Think about what multiple complementary businesses you could combine into a single Tips Campaign --
Pets, Auto, Finance, Travel, "Green", Education, Fashion, Cooking, etc... virtually limitless!

Here's a link to the full article/example:
http://education.yahoo.net/degrees/articles/featured_ten_hot_home_office_jobs.html

Wednesday, July 09, 2008

VBR: Staycations

With the already established MixFunGuide.com and TheFanGuide.com websites, the trend toward families cutting costs by reducing the travel and expense of their family vacation is a prime marketing challenge for our advertisers and real revenue opportunity for the creative account executive.

The latest buzzword for the trend mentioned above is "Staycation" and here is some information that can help you craft a compelling VBR that gains the attention of your prospects...

Let's start with Weber, the grill-maker, which released some survey results last month that say this is the summer of staycations and grilling. They surveyed over 1,000 people and received some interesting results:
  • Among grill owners planning staycations, a whopping 80% plan to grill weekly
  • 41% plan to grill at least several times each week
  • Once having the term explained to them, 51% of the respondents said they plan to take one or more staycations this summer
  • 24% who are changing their traditional summer vacations to include a staycation this year
  • 40% say they plan to try new grilled foods or grilling recipes
  • 13% plan to purchase a new outdoor grill this summer
  • 7% plan to update or improve their current grill
  • Others plan on buying grilling accessories (11%) or a grilling cookbook (8%)
What about state tourism organizations as a target?
  • In Pennsylvania The Constitutional Walking Tour of Philadelphia is pushing its staycation not only as inexpensive and educational, but as a green-friendly trip.
  • Connecticut created a web site that highlights staycation destinations in the Constitution State and offers discounts to many of those places.
  • The Arlington (Texas) Convention & Visitors Bureau has a local and regional campaign designed to get the locals to go to Six Flags Over Arlington and spend the night with the family in a hotel.
Retailers can be Staycation destinations, too!
Wal-Mart is making things interesting for consumers, with its subsite makeyourdollarstretch.com and a downloadable desktop Widget called 101 Days of Summer Staycations.

The Staycation trend may have been created the need to cut spending on the rising cost of gasoline (and everything else!) but it may also have been created to help the innovative marketing professionals earn additional profits this summer!