Must See – Funny Spoof on Death of Ad Agencies

Thanks to FITC for this clever but eerily relevant sci-fi scenario of the death of the last ad agency on earth. The thing is – they pretty much hit the nail on the head. Many “creative firms” are scared to actually get creative any more. And that, my friends, may be the death of them.

Why? Because consumers’ media habits and access to that media are changing rapidly. We’re not the same captive audience that we used to be. If you’re familiar with the acronyms TiVo and DVR, or you’ve ever been exposed to a YouTube video, then my point has been made.

Effective marketing today has got to be about not doing the same old stuff. It’s got to be about STANDING OUT. We’ve been saying it for a long, long time. Still not convinced? Watch this video! You’ll laugh, you’ll cry, it’ll become a part of you.

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Why advertisers can’t afford not to consider digital advertising

So what’s the deal with digital? We all know, and by this point love, everything digital. Even if we don’t honestly know what the letters LCD stand for we know it’s a good thing. And when it comes to high definition, whether we’re fast forwarding through infomercials or yelling at a questionable sports call (trust me, the World Cup in HD is totally worth it every four years), as viewers we like what we see.

But consumers aren’t having ALL the fun. Why should advertisers be so excited about digital? Because digital signage advertising is one of the most effective and cost-efficient forms of advertising, way out performing the reach and results of television, online, print, and practically any other medium.

Why should advertisers take a hitch on the digital bandwagon? Studies found that consumers are three times more likely to successfully recall digital advertisements as compared to television, and four times more likely than television ads. Nearly two-thirds of consumers say that digital signage advertising catches their attention – the highest level reported across all media surveyed, including billboards, magazines, TV, the Internet, newspapers, radio, and mobile phone advertising.

If you’re looking for numbers, take these for a spin. It takes an average advertising investment of $21 to reach 1,000 people via television. So how does that compare to the ROI for digital? Continue reading

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Google: What, me worry?

Probably not. Hey, it’s Google, after all. Undoubtedly the most successful search engine in the world. So what in the world could possibly threaten the Google empire? The biggest competition doesn’t come from a search engine at all.

What is… Facebook??

OK, so it’s not direct competition in terms of core functionality, but still. It’s competing for consumers’ time and attention, and according to statistics from the UK, Facebook is winning.

Why should this even matter to Google?

Well, it’s all about the search engine’s main revenue source: advertising spend.

It shouldn’t be any surprise to anyone who’s ever heard the phrase “social network” that Facebook is king of the status-phere. In the Hitwise study it collected 55% of all social site visits. Google beat Facebook in wider Web clicks overall, with 9.3% of total Web traffic to Facebook’s 7%. But when total Internet traffic was tabulated, social networks as a group won the race by a neck (or a few clicks!) with half of a percent more traffic than search engines – a first-time accomplishment for social networks. Continue reading

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