Showing posts with label Initiative. Show all posts
Showing posts with label Initiative. Show all posts

Thursday, August 19, 2010

TV Advertising

Ok, this has to be one of the all time best TV Commercials... Kia knocked it out of the park with this series, and I love the iconic hamsters. Outside of some real genius creative like Kia's TV ads have some serious issues.

Foremost, TV content across the board has really gone downhill. Reality Shows better known as Unscripted shows have taken place of well written stories and series. I have to say that I can did watch the full season 1 of Jersey Shore, but seriously where is the content?

Like many in our profession, Mad Men has become a must watch series, and can't seem to get enough of the show. I do like what they're doing with the TV Commercials, and have long pondered why shows don't take advantage of their storyline to integrate the products. I'm not talking about product placement, and that is a great strategy. What I'm suggesting is bring the actors and storyline into the ad, not vise verse. Many of the TV Commercials surrounding Mad Men's show, are using a "like or similar storyline setting with similar looking / acting actors" in the commercials. This is brilliant, and would love to see the industry take this method one step further. Essentially shoot small 1-2 min commercials with the actors, clearly marking this as a paid media experience, and have them "pimp" the products. It would at least be novel, and for certain shows - some reason Seinfeld is what's playing in my mind... Although off the air, I think we'd all love to see the actors pitch some of our favorite brands in a little vignette format.

Good work Kia... One of the few stand out commercials this year!!

Thursday, July 15, 2010

Google Trading Desk for Omnicom


The fundamental shift of traditional media buying has taken another stride forward. The way in which agencies are accessing online advertising inventory is becoming a very important trend in today's agency / publisher relationships.
Last December, as part of AD Tech NYC, I was invited to a great presentation and panel hosted by Neo@Ogilvy. Bant Breen was openly discussing Initiative's desire to enter the "Ad Network Space" as it would provide better pricing, and more liquidity for their brands. In addition, of course, is the ability for Initiative to cut out the "Ad Network" middleman, and pocket some additional revenue for the agency. Over the past 6-8 years, ad networks have enjoyed enormous margins on media, where agencies continue to get squeezed. It's really quite unfair, as agencies perform a lot of service for a smaller piece of the media dollar pie. Who knows what exactly will happen over time, but one thing is for certain. The major value in the media buying relationship will be access to inventory, and data with a technology platform to enable very targeted and efficient buying at scale.
I think that there are many companies who are in jeopardy as the industry matures. Specifically, ad networks who do not have proprietary data or technology are in grave danger of becoming obsolete. In fact, it surprises me to see some of the dinosaurs still in business today.
Initially I was very scared and intimidated by Google's move into this field. Google has the data, they have the technology, so why shouldn't the conquer the media world single handed.... Because nobody wants to see Google conquer the world. It's important for agencies and brands to keep a large mix of media companies alive, otherwise face a single vendor to negotiate with.
This will be a very interesting time to watch for online media, and its implications across all media over time.