Just checked his profile and . . . wonder of wonders . . .this guy is the EX head of some online function at a traditional media company (advance). Now he snipes from the sidelines. His conclusion . . . Google is the only media we need. How novel.
This is the latest of his anecdotal attacks on 'traditional' media. Good luck with the hater career as the space is past filled.
Agreed with first response to this post. This guy's conclusions are always anti-print/"traditiona... I am a defender as no medium is the "end all". Poster must have been a layoff vitim.
And on the point of $10 trillion outstanding mortgage debt vs. $3 Trillion spending I will quote Obama . . . don't let the perfect be the enemy of the good.
Just up the house value, i.e. any balance up to $250,000 get paid off in full. Now THAT's a middle class tax cut!!
TV, Newspapers Can't Shortcut Digital: It's All or Nothing [View article]
"The digital ad agency Razorfish calls fully integrated and mined social networking "the third dimension of marketing." But it cannot be executed atop old-fashioned printing presses, anchor-driven TV newsrooms, network-centric programming and plug-in advertising."
Why can't it? You state a truism, not a supported thesis.
Everyone on here who preaches the end of old media is a product of it in some way. But for some reason you (and they) understand better how 'old' media is responding because . . . why again? Because each of you has individually thinks you have made the proper transformation? Last I read, 'old media' sites have generated some pretty enviable traffic.
Are you saying that advertisers believe that consumers will only make choices linked to their social networks? That content is decidedly NOT king? Networks aren't content. And the weak ad take up rate on sites like Facebook are proving this daily.
Best served waiting until the recession ends before pronouncing death to all things un-digital. A lot of these killer aps and networks are feeling the squeeze as much if not more than the 'old' guys.
These "big brands" you speak of, do they really need to advertise like everyone else? Are they price takers or makers? How much of the market do their ad dollars represent?
When you are talking about metrics and which media have value and will ultimately survive, these kind of answers are important. Very telling that the latest chatter is about Facebook being bought by a traditional media conglomerate that can help the young twits along with their elusive ad strategy and the making money thing. Movement of eyeballs does not equate to engagement of them.
Good for the growth rate of Walmart's site, now tell me how many of their customers access it. I thought you couldn't. I'll venture the curve will flatten soon.
On Jan 06 07:18 AM dr droock wrote:
> @ Knowledgeable 1 > Aside from direct mail and coupons, what are some of the other "old > media . . . real and established metrics New Media would kill for?" > > > Suppose you eliminate reach. The big brands can reach as much as > the media. Consider that Wal-Mart's website was no 3, after Amazon > and Ebay. Then consider that Wal-Mart is starting their advertising > channel and has opted out of the deal with Prism. Or that Google's > advertising budget is, as far as I know, non existant. > > So..if reach is not the value, what are the unambiguous indicators > of "brand" success?
The sine quo non of 'Brand' advertising is that it creates a distinct stand-alone impression. That can be done on a billboard, carved into someone's hairdo, or by a flyer dragged by a plane at the beach. And in each case, the target audience can be reached even if they are holding a fully integrated mobile device.
The effectiveness of most successful 'old' media -- which by the logice employed on this site includes everything but web -- is that it can convey an advertiser's message through focused delivery. It is a simple point that most 'online onlys' dont get about their rapidly fragmenting hand-held universe (because if the web focuses and consolidates -- and thus commands CPM -- then it ceases to be the internet.) I hope I am alive when all message delivery goes online, because I will be investing in ANY other medium.
Some of the most backward conclusions I have ever read. Same kind of 'inevitable' logic led to the tech bubble. The narrow focus of this post pre-supposes an 'Online only' consumptiive world. Even with the net erosion, Old media has real and established metrics New Media would kill for. The threat to stand alone New media companies is a hybrid Old-New model that shows that fallacy of New media only ad strategies.
As Barry Diller has aptly stated, these kind of 'new media only' predictions are fad-ish and sophomoric.
Sort by:
Latest | Highest ratedNewspaper Classifieds: Inefficient Print [View article]
This is the latest of his anecdotal attacks on 'traditional' media. Good luck with the hater career as the space is past filled.
Newspaper Classifieds: Inefficient Print [View article]
Just Pay Off Everyone's Mortgage [View article]
Just up the house value, i.e. any balance up to $250,000 get paid off in full. Now THAT's a middle class tax cut!!
Just Pay Off Everyone's Mortgage [View article]
Biggest problem with this idea is that there is no PORK!
But my solution is to name my house after Nancy Pelosi if she goes along!! (But please don't require me to talk to her.)
TV, Newspapers Can't Shortcut Digital: It's All or Nothing [View article]
Why can't it? You state a truism, not a supported thesis.
Everyone on here who preaches the end of old media is a product of it in some way. But for some reason you (and they) understand better how 'old' media is responding because . . . why again? Because each of you has individually thinks you have made the proper transformation? Last I read, 'old media' sites have generated some pretty enviable traffic.
Are you saying that advertisers believe that consumers will only make choices linked to their social networks? That content is decidedly NOT king? Networks aren't content. And the weak ad take up rate on sites like Facebook are proving this daily.
Best served waiting until the recession ends before pronouncing death to all things un-digital. A lot of these killer aps and networks are feeling the squeeze as much if not more than the 'old' guys.
The End of Brand Advertising [View article]
When you are talking about metrics and which media have value and will ultimately survive, these kind of answers are important. Very telling that the latest chatter is about Facebook being bought by a traditional media conglomerate that can help the young twits along with their elusive ad strategy and the making money thing. Movement of eyeballs does not equate to engagement of them.
Good for the growth rate of Walmart's site, now tell me how many of their customers access it. I thought you couldn't. I'll venture the curve will flatten soon.
On Jan 06 07:18 AM dr droock wrote:
> @ Knowledgeable 1
> Aside from direct mail and coupons, what are some of the other "old
> media . . . real and established metrics New Media would kill for?"
>
>
> Suppose you eliminate reach. The big brands can reach as much as
> the media. Consider that Wal-Mart's website was no 3, after Amazon
> and Ebay. Then consider that Wal-Mart is starting their advertising
> channel and has opted out of the deal with Prism. Or that Google's
> advertising budget is, as far as I know, non existant.
>
> So..if reach is not the value, what are the unambiguous indicators
> of "brand" success?
The End of Brand Advertising [View article]
The effectiveness of most successful 'old' media -- which by the logice employed on this site includes everything but web -- is that it can convey an advertiser's message through focused delivery. It is a simple point that most 'online onlys' dont get about their rapidly fragmenting hand-held universe (because if the web focuses and consolidates -- and thus commands CPM -- then it ceases to be the internet.) I hope I am alive when all message delivery goes online, because I will be investing in ANY other medium.
The End of Brand Advertising [View article]
As Barry Diller has aptly stated, these kind of 'new media only' predictions are fad-ish and sophomoric.