New Media has changed the way our world functions.I have written about several emerging forms of media including web logs, viral video, blue tooth marketing, text message marketing, and others, and how they affect institutions including the political process, sports, and business.While the use of these forms of media may be relatively new in regards to the length of time that they have been available for use to the public, they enable marketers to have tools at their disposal to greater accomplish the goal that they have been working on for decades—how do companies and organizations best connect with consumers.
These new technologies will evolve and change throughout the coming years and decades, and advancements on these technologies will spawn new uses of media that bring consumers and organizations closer than ever.Will these advancements there will be obvious benefits for consumers: greater availability of media content, more specifically targeted advertising that is relevant to the individual consumer, and a more fluent business and customer relationship.However, consumers may have to suffer instances of lost or reduced privacy, media that is of lower quality and less reliable and accurate, and companies that may or may not be using new technology ethically. No matter how you try to predict these changes, over time it will prove impossible to do so.
Are these trade-offs worth it for the consumer?With the seemingly rabid growth of technology, does the consumer even have a say in the matter?What will the business/customer relationship look like 20 or even 50 years in the future?
I think that it is important that each person examines types of new media, pays attention to how and why they are used, and thinks about the implications of their proliferation.
In seems like that in almost every major budget motion picture, there are one or two paid product spots. Sometimes, these product sports are simple and woven into the movie’s plot. In other examples, the product placement is so obvious that it is almost disruptive to the flow of the motion picture. In any event, this process is growing in popularity and is big business for advertisers.
This practice has been going on in some time. Do you remember the movie E.T.? Product placement for Reese’s pieces were heavily involved in the movie, and although the product was never mentioned by name, it is obvious that the Reese’s pieces brand benefited from the association.
Critics of this practice make arguments against product placement based upon the concept that the process is misleading to consumers, or are unfair and non-competitive to smaller businesses without the capital to invest in this type of marketing. Others argue that due to it’s effectiveness at targeting children, this practice is ethically questionable. Personally, I don’t see anything wrong with product placement, except that it can be annoying at times.
Some other funny and interesting examples of product placement in movies can be found here. With the growing integration of the business and entertainment world, this practice continues to grow. What are your thoughts on the practice? What do you think are the implications of this practice in the future?
As we get ever closer to the election, I am going to focus even more on the growing role that new media is playing in the election process. Today, I took some time to search through the internet to look at partisan propaganda from both ends of the political spectrum, and examine their content and potential impact on the election.
I also found some right wing blogs sarcastically comparing Barack Obama to the messiah: Blog #1 and Blog #2.
And then a video parody of the challenges Obama has faced in the media and with public perception.
There are literally hundreds of similar blogs and videos available online. Many are funny, but some are offensive and many are inaccurate. While it is exciting to be involved with the first election that is truly “digital”, the sheer volume of propaganda availiable online is concerning to me in regards to the future of politics.
Email is a huge part of our daily lives. At work, at home, or on your blackberry in the car, it seems there is no place that you are completely out of touch. Considering the level of access that email has into our personal and professional lives, it is not surprising to find that this medium has grown in popularity over the past decade. Companies are working to find ways to incorporate email into their larger integrated marketing plans.
Email has several distinct advantages to other direct mail advertising forms. For instance, it can be tracked more efficiently than perhaps any other form of marketing. A mass email campaign run with some functional software like that provided by Durham, NC’s Bronto can provide valuable information about the response to the campaign, including the delivery rate, open rate, click-through rate, etc. Email can also touch difficult to reach customer at a time that is convenient to them. In addition, email advertising can support other portions of an integrated marketing campaign by increasing brand recognition and top of mind awareness.
In order to effectively communicate with the public using the email as a medium, it is important to understand some best practices that will allow your organization to implement a successful email campaign. While the list below is not comprehensive, it offers some thought on how to best use the medium.
The List - The list is critically important for an email marketing campaign. A company must know who they are targeting, period, to be effective. It is important for response rates to be judged. Email marketing software is very valuable because it allows for list management and the purging of names from a list that are not responsive.
Carefully Craft your message - It is important for email marketers to realize that in most cases they are an extension of a larger marketing initiative. Marketing emails should stay consistent with a brand message.
Get customers to opt-in- Many customers will opt-in to receive occasional updates about a product or service they are familiar with. It may take time and effort to build a quality list, but, in the long run email can be used as a valuable connection between you and your target customers.
Don’t overdo it - Limit your messaging to once a week or once every few weeks. Limiting exposure will result in more effective messaging over time.
I read a very interesting article in the New York Timesrecently regarding the future of social networking. The article argues that social networking has perhaps gone too far at this point, and is overextended into too many different networks and sites with the same concept. Listed as the poster child for the overextension of social networking is the recent launch of HoffSpace, a social networking site specifically for fans of David Hasselhoff. No, I am not making this up.
The new king of social networking?
While I will agree with the article in regards to the future demise of HoffSpace and other ill concieved social network sites, I do not think that big social networking sites are due for a decline. I believe that MySpace and Facebook will continue to grow significantly over time as computer savvy Generation X and Generation Y age and are replaced by subsequent generations. Today’s kids have grown up on social networking—it will stay with them for their entire lives.
Still, the larger question in regards to Facebook and MySpace’s viability is how will these companies build upon their social success to become financially successful. With the current credit crisis and financial meltdown, I think that these sites are going to be in for a lot of changes. Investors are going to look for social networking sites to start to produce revenue and become financially sufficient. So, therefore, my prediction is that over the next few months you will see a lot of increases in advertising and marketing activity on social networking sites as they attempt to adjust their operations to a model that makes money.
I think that this change in operations strategy will breath new life into social networking. In sites like Facebook there is a tremendous audience and a real potential to reach people where they play and socialize daily. If the credit crunch forces Facebook to open the site for more advertising activity, marketers would rejoice—they would have an excellent tool to reach their audience. I think that opening up the sites to more advertising is in the long term financial best interests for social networking sites.
As for HoffSpace, sadly, I would say the future is bleak. There are no amount of changes that are going to make that work.
Second Life, a 3-D online video game community that offers the opportunity for players to colonize a virtual world has been a hot topic amongst marketers recently. Since opening to the public in 2003, second life has grown explosively and today the game is played by millions of gamers. The game even has it’s own currency which is exchangable for US Dollars.
One of the unique features of Second Life is the ability to buy virtual land within the game---For a price.
Because of the rapid emergence of this game and the potential of the game as a marketing platform, many large companies like MTV, Coke, Dell, and American Apparel, to name a few, have decided to open up marketing operations in the game. Some companies are even using Second life as a platform to recruit new talent. While this makes strategic marketing sense for these companies, their actions have been met with resistance from gamers who want to keep large corporations out of their newly created virtual world.
I believe that in the long run resistance to this type of product placement will subsidize as it becomes a fact of life in “Second Life”, so companies should certainly maintain their presence in the game. However, as Second Life increases in complexity and popularity, large companies should consider altering their traditional marketing strategy and adjust specifically to marketing within the game.
The following link attaches to a blog which outlines why traditional marketing will not work in second life and how these companies might adjust to become more effective at marketing in second life. While the posting is not perfect, I will agree that a unique gaming platform like Second Life will require unique thought from marketers in regards to how they market their products in the game.
Blogs are a great addition to life in the digital age, and one of the more powerful pieces of new media available. Blogs give a voice to the masses, and open up fresh viewpoints and thoughts to people around the world. Despite the many positive parts aspects of blogging, the practice also has negative attributes. Used in a negative manner, the blogging medium can be used to spread lies, rumors and innuendo to the masses like never before.
Take for example just a few of the brief blog headlines (all lies, of course) I found in just a few minutes of searching for information on the presidential election through wordpress:
This is what people are writing (and if you write it, they will read it). The problem is, none of it is true! One thing that concerns me about media as it grows, changes and evolves is that in it’s quest for relevancy and individualized content it will lose it’s accountability to provide the people with information that is truthful and based upon fact. Below is a slightly sensationalized video, Epic 2015, about the future of media—it is an interesting watch.
So a few questions for the blogosphere:
What impact do you believe that rumors like those above will have in the presidential election? Do you think that sensationalist blogs are something we should worry about in future elections?
What are your thoughts on Epic 2015? Do you think we are heading in this direction?
In an earlier post, I outlined a few of the worst marketing campaigns targeted at children. I firmly believe that stuff like Bratz dolls, Camel Joe, and other ill concieved products and marketing strategies are bad for our children.
One of the great things about our country is it’s founding ideal —freedom. Freedom of the press, freedom of speech, free markets….upon it’s many flavors we have built our great nation. I think that it is the responsibility of the consumer, not the legislature, to enact tougher consequences for targeting our children with malicous advertising. It is, after all, in most cases the adults who are responsible for the purchasing.
Over time, I believe these things take care of themselves. For instance, who can argue that that the amount of junk food targeted at kids hasn’t decreased over the last twenty years? The disappearance of Ronald McDonald alone probably reduced the total in half.
One form of marketing that I believe will grow exponentially in coming years is proximity marketing, sometimes called BlueTooth marketing. The concept is simple—You are walking through the mall, and as you pass a Subway restaurant and your phone beeps. You have a new text message, and it’s from ……Subway. The message says “Had lunch yet today? Our specialty subs are low in fat and only 4.99 each.” While this sounds somewhat futuristic, it is coming sooner than later.
For marketers, utilizing Bluetooth or other similar technologies makes sense. In this example, by targeting people in a close physical proximity to the existing restaurant, the marketer can hit the target with a message exactly at the right place and time.
For the consumer, however this could be both convenient and annoying. Imagine again, walking down the mall on a Saturday and your cell phone buzzes each time you pass a store. With anything, there needs to be moderation.
Personally, I think that specific marketing messages like this will be good for the consumer. In my opinion, the more aggressive organizations are at getting in touch with he consumer, the more competive the market will be. This will result in decreased cost and increased product quality for the consumer.
As I am now a few weeks into my blogging experiment, I want to share my experience regarding how the practice of blogging has differed from what I expected it to be just a few short weeks ago. This experience has provided me with many insights, and I will share the following with you:
1. Blogging differs from other forms of writing - I was unaware how challenging it would be to attempt to “develop a voice” for my blog. I have written in several different styles before (fiction, journalism, academic). I must say that writing for a blog differs from all of my writing experience thus far. The most successful blogs I have read and studied blend multiple writing genre’s and write from a unique point of view.
2. People actually read what you write - I expected to have a little bit of site traffic from associates and people who randomly stumbled upon my page, but I have been very surprised how the traffic level on my modest blog has exceeded my expectations. Blogging in general has risen immensely in popularity over the last few years and with this growth I expect even more growth in the amount of people who regularly read this type of media.
3. There are some very talented bloggers out there – I am suprised by how so many “part time” bloggers create content that is equal to or in many cases better than what is available through other forms of media. I expect as the practice of blogging grows, so will the fortunes of the most talented bloggers.
