Data Economy at Work
Evolution of Digital Marketing
- Moving from a traditional media (broadcast television, radio and print), mass audience and advertiser driven marketing environment to a digitally based, fragmented audience and consumer driven one has damaged many major media and advertising holding companies but yielded incredible insights for advertisers
- Performance metrics, rigorous analytics on real-time data and ROI, are tools advertisers are demanding resulting in new areas of expertise brought about by new companies and a significant loosening of the major Ad holding companies’ grip on the Fortune 1000
Mass Reach
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- Mass reach x number of impressions = desired result
- One-way, interruption based
- Significant lag time for analyzing effectiveness
- Blunt instrument – very difficult to effectively target
Dawn of Digital & Audience Fragmentation
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- Proliferation of content sources and media vehicles
- Greater consumer control of access and rising voice through social media
- Greater opportunity to target
- Rapid feedback of data
- Performance metrics, analytics and ROI
- The Next Evolution – "Which Screen are You Using?"
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- Greater access to streaming video online
- Growing mobile population and 3G to 4G coverage
- Smartphones and their ubiquitous docking stations replace laptop
- Growing tablet reader user base
- Blurring media lines – online radio, readers, etc.
© 2010 for GroupArgent, LLC