Showing posts with label duplicitous. Show all posts
Showing posts with label duplicitous. Show all posts

Saturday, 27 October 2012

More from the "Marketers rate below politicians..." research study.


The study's findings suggest that the ads that are more traditional -- and less able to track for

engagement using digital tools -- are actually the ones consumers say they prefer. The study found

that people prefer to view advertising in their favorite print magazine (45%) or while

watching their favorite TV show (23%). Only 2% stated that they prefer to view

ads via social media and 0% said they like ads in an app.

Companies investing in branded social-media sites should also pay attention

to this finding: Just 2% of respondents believe information about a brand from a

company's social-media site is credible

.

"Make no mistake, creativity will always be our calling card," Ms. Lewnes

said. "But digital has given marketers an opportunity to rewrite their roles.

Marketers today have access to technology that gives them critical data and

insights about their customers ... insights we can turn into more relevant,

high-impact marketing. People want messages and marketing that's more customized

to their needs. And businesses want to be able to measure the impact of their

marketing dollars. Digital gives you both. As an industry, we need to accelerate

the move to digital. Only then will we be able to get the respect and

credibility we deserve."

Considering the participants of this study aren't merely a cross-section of

average consumers but also include 250 top marketing professionals, it seems

imperative that the industry needs to start from within. How can you expect

folks to respect you if you don't respect yourself?

According to the study, the majority of consumers --53%-- stated that most

marketing is "a bunch of B.S." That's compelling evidence of a big reputational

challenge the industry must tackle, and fast.

Wednesday, 24 October 2012

People Respect Bankers And Politicians More Than Marketers !


According to a study by Adobe and Edelman Berland, people think

both politicians and bankers are more respectable than marketers. Only 13 percent of

consumers think that marketing benefits society. In fact, only 35 percent of respondents who

work in marketing think that their profession is valuable.

But when asked if marketing benefits society, only 13% of consumers agreed.

And compared to other professions, the results were grim. Teachers -- despite

how little they are often compensated -- were valued at the top of the list,

followed by scientists and engineers. That's somewhat to be expected. But what

was more surprising was that advertising and marketing ranked below nearly every

other profession, including bankers (32%), lawyers (34%) and even politicians

(18%). Marketing and advertising was tied with the job of an actor or actress in

terms of its value.

There was only one profession that ranked lower in the survey, and even that

one is just a part of the marketing ecosystem: PR professionals. Only 11% said

PR is a valuable job. Meanwhile, the results weren't much better among

marketers; only 35% of people who were marketers themselves deemed it a valuable

profession in responding to the survey!

Monday, 15 October 2012

Consumers attitudes to digital advertising - a decline in response rates!


A new YouGov survey into the attitudes of consumers to digital advertising

has revealed some alarming trends around how the explosion of digital marketing

has jaded many consumers, and hinted that a shift in approach may be required by

digital marketers.

Marketing Tech contributor Marco Veremis is president at

UpStream, the digital response specialist that commissioned

the research, and a front runner in mobile and digital advertising for over a

decade. Speaking to him at the Mobile World Congress recently, we questioned him about the

interesting and alarming shift that's taken place over the last five years as

the numbers of digital ads being served every year rocketed from 150bn in 1996,

to a staggering five trillion today.

The effect, as one might expect, has been general desensitisation and a

decline in response rates. This is the worrying part,says Veremis.

Response used to be a healthy 7%, but today it's below 0.1%. And the

reaction of advertisers over the last five years has been, "well, my response

rates are declining, let's do more, more, more"

But more, more, more can be a risky strategy; not just because of the general

apathy and ad-blindness it lays on the average consumer. As fast as response

rates are declining, the number of consumers staying with a brand and not

actively opting out of communications is on the decline also.

Perhaps more worryingly, disgruntled consumers have the power to wreak havoc

and brand damage like never before. "If you asked asked people 40 years ago whether

they were getting too much advertising, the answer may well have been the same

as today, says Veremis. ,But today they have the ability to go online and be

vocally negative about that brand. So the negative impact is there, there is

such a thing as negative brand awareness.

On the face of it, running less advertising in a more targeted way would seem

the logical solution. A lot of companies have caught wind of this, but many

have fallen into another pitfall, personal data, says Veremis. How are you

targeting?

It's a pitfall elegantly demonstrated by the oft-cited case of the US teenage

girl, secretly searching Google for abortion information, whose family then

learns of her pregnancy through targeted pregnancy ads.

On the one hand you've got invasion of privacy, trying to be more targeted

and advertising less, says Veremis. On the other hand you've got massive

volume. Whereas the middle ground?

The interesting thing here is that none of these are traditional marketing

segmentation metrics that companies use.

Privacy has become more of an issue as people become more protective and

more vocal when it is violated, concludes Veremis. Targeting criteria should

change; one should look for the types of data that are perceived to be

non-intrusive.

However when you use interactive communication, properly executed, all your marketing becomes

totally unobtrusive and, at the same time, totally effective and accountable.

Sunday, 2 September 2012

The Worst Possible Cure!

Every day you're exposed to more than four hours of media. Most of it is

optimized to interrupt what you're doing. And it's getting increasingly harder

and harder to find a little peace and quiet. The ironic thing is that marketers

have responded to this problem with the single worst cure possible. To deal with

the clutter and the diminished effectiveness of Interruption Marketing, they're

interrupting us even more!

Wednesday, 25 July 2012

THE NEXT BIG THING...


...FLOGS

 

Be careful what you believe on the internet: there’s a growing chance that you re being hoaxed by a cynical PR firm. Just as the blogging explosion was teaching us about "vlogs" (video bloggs) and "moblogs" (mobile blogs), along comes yet another trend that is far more pernicious.

A "flog" is a fake weblog that purports to chronicle an ordinary consumer’s passion for a business or a product, typcally without the company behind it declaring an interest. It is a scandalously dishonest practice.

Take Laura and Jim, an ordinary couple who recently drove a camper van across America and stopped over for free each night at their nearest Wal-Mart car park. Their likeably amateurish travel journal, Wal-Marting across America, chronicled all the decent, hard working Wal-Mart employees they encountered during their stopovers, all of whom seemed to have been stories about the company.

Lo and behold, the couple turned out to be a professional paid by Wal-Mart’s PR firm, Edelman, and folksy Jim was revealed to be a professional Washington Post photographer. Last month, Laura used the blog to come clean, admitting that she "should have done a better job" telling her story.

Since then, Edelman’s fingerprints have been found all over other related flogs. Working Families For Wal-Mart claims to be a grassroots advocacy group focusing on "the positive contribution of Wal-Mart to working families"; the PaidCritics.com blog sets out to "expose" union employees paid to "smear" the retail chain. Typical postings attack activists for denying "working families" cheap Wal-Mart prescriptions of half-price baby food.

Use Interactive Marketing Communication and know exactly what your getting!

Tuesday, 17 July 2012

Click Fraud


Martin Fleischmann put his faith in online advertising.

He used it to build his Atlanta company, MostChoice.com, which offers consumers

rate quotes and other information on insurance and mortgages. Last year he paid

Yahoo! Inc. and Google Inc. a total of $2 million in advertising fees. The 40-year-old entrepreneur

believed the celebrated promise of Internet marketing: You pay only when

prospective customers click on your ads.

Now, Fleischmann's faith has been shaken. Over the past three years, he

has noticed a growing number of puzzling clicks coming from such places as

Botswana, Mongolia, and Syria. This seemed strange, since MostChoice steers

customers to insurance and mortgage brokers only in the U.S

Fleischmann is a victim of click fraud: a dizzying collection of scams and

deceptions that inflate advertising bills for thousands of companies of all

sizes. The spreading scourge poses the single biggest threat to the Internet's

advertising gold mine and is the most nettlesome question facing Google and

Yahoo, whose digital empires depend on all that gold.

The growing ranks of businesspeople worried about click fraud typically

have no complaint about versions of their ads that appear on actual Google or

Yahoo Web pages, often next to search results. The trouble arises when the

Internet giants boost their profits by recycling ads to millions of other sites,

ranging from the familiar, such as cnn.com, to dummy Web addresses like

insurance1472.com, which display lists of ads and little if anything else. When

somebody clicks on these recycled ads, marketers such as MostChoice get billed,

sometimes even if the clicks appear to come from Mongolia. Google or Yahoo then

share the revenue with a daisy chain of Web site hosts and operators. A penny or

so even trickles down to the lowly clickers. That means Google and Yahoo at

times passively profit from click fraud and, in theory, have an incentive to

tolerate it. So do smaller search engines and marketing networks that similarly

recycle ads.

SLIPPING CONFIDENCE

Google and Yahoo say they filter out most questionable clicks and either

don't charge for them or reimburse advertisers that have been wrongly billed.

That confidence may be slipping. A BusinessWeek investigation has revealed a

thriving click-fraud underground populated by swarms of small-time players,

making detection difficult. "Paid to read" rings with hundreds or thousands of

members each, all of them pressing PC mice over and over in living rooms and

dens around the world. In some cases, "clickbot" software generates page hits

automatically and anonymously. Participants from Kentucky to China speak of

making from $25 to several thousand dollars a month apiece, cash they wouldn't

receive if Google and Yahoo were as successful at blocking fraud as they

claim. "It's not that much different from someone coming up and taking money out

of your wallet," says David Struck. He and his wife, Renee, both 35, say they

dabbled in click fraud last year, making more than $5,000 in four months.

Employing a common scheme, the McGregor (Minn.) couple set up dummy Web sites

filled with nothing but recycled Google and Yahoo advertisements. Then they paid

others small amounts to visit the sites, where it was understood they would

click away on the ads, says David Struck. It was "way too easy," he adds.

Gradually, he says, he and his wife began to realize they were cheating

unwitting advertisers, so they stopped. "Whatever Google and Yahoo are doing [to

stop fraud], it's not having much of an effect," he says.

Spending on Internet ads is growing faster than any other sector of the

advertising industry and is expected to surge from $12.5 billion last year to

$29 billion in 2010 in the U.S. alone, according to researcher eMarketer Inc.

About half of these dollars are going into deals requiring advertisers to pay by

the click. Most other Internet ads are priced according to "impressions," or how

many people view them.

Google and Yahoo are grabbing billions of dollars once collected by

traditional print and broadcast outlets, based partly on the assumption that

clicks are a reliable, quantifiable measure of consumer interest that the older

media simply can't match. But the huge influx of cash for online ads has

attracted armies of con artists whose activities are eroding that crucial

assumption and could eat into the optimistic expectations for online

advertising. (Advertisers generally don't grumble about fraudulent clicks coming

from the Web sites of traditional media outlets. But there are growing concerns

about these media sites exaggerating how many visitors they have -- the online

version of inflating circulation.)

Most academics and consultants who study online advertising estimate that

10% to 15% of ad clicks are fake, representing roughly $1 billion in annual

billings. Usually the search engines divide these proceeds with several players:

First, there are intermediaries known as "domain parking" companies, to which

the search engines redistribute their ads. Domain parkers host "parked" Web

sites, many of which are those dummy sites containing only ads. Cheats who own

parked sites obtain search-engine ads from the domain parkers and arrange for

the ads to be clicked on, triggering bills to advertisers. In all, $300 million

to $500 million a year could be flowing to the click-fraud

 

Tuesday, 26 June 2012

CONSUMERS AND ADVERTISING!


Consumers are quite aware that advertising is propaganda, and compensate for

that fact when assimilating its messages -- just as they compensate for the

perceived biases of the media to which they attend. The great socioeconomic

transformations of recent years -- the acceptance of Japanese cars, the advent

of the personal computer, the rise of VCRs -- were accomplished with little

advertising support. "Time and time again," James Norris wrote, nearly half a

century after Borden, "advertising has proven powerless to instigate, to sustain

or to reverse trends in public opinion or fashions of consumption."

Friday, 1 June 2007

We put up with terrible, inappropriate, unaccountable advertising. Why?

Could it be that there is truth in the fact that big advertising agencies performance deteriorate when they grow beyond a certain size?

Could it be that knowledge is so scarce regarding what is communication?

Could it be that advertising agencies have become inefficient, thus contributing to advertising failure?

Could it be that Senior Management have become counter productive. Hierarchy stifles originality?

Because from here, for example, listening to Accountant turned Advertising "Guru" Sir Martin Sorrell, the problem is not that advertising agencies, together with their Clients, consider arguments against advertising and reject them. They haven't even thought about them!

The question isn't "Are there alternatives to advertising/marketing". It's "Why do people fail to even consider them?"

Web 2.0 appears to have been going along for some time, with the irrational exuberance of Web 1.0 – and it is interesting to note the absence of challenge.

There is cause for great concern. Thanks to the migration of advertising from print to Internet sites offering free classifieds, we face the prospect of losing the most reliable source of information about the world we live in. Newspapers!

And without a doubt duplicitous corporations will simply place their corporate messages between editorial and advertising in the hope that they will be taken for user generated content.

In my opinion most of the blame for this destruction of a perfectly good media system lies firmly at the feet of the Advertising Agencies!

There are too many Chiefs and no Indians! These Chiefs have many varied opinions as to why advertising is in the state it is in now!

But none of them have any idea as to what communication is – for if they did the world would be a totally different place than it is to day.

Please also visit: http://interactivetelevisionorinteractivetv.blogspot.com

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