Monthly Archives: December 2015

Next to Now: Winter Solstice Edition

Next to Now, , , , , ,

Our last post before the end of 2016 is a meaty one.

 

WHAT BROUGHT WATERSTONE’S BACK FROM THE BRINK?

A great—and optimistic!—article in Slate about how the future of chain bookstores might be shifting, with a focus on the refurbished Waterstone’s.

#bookstores

 

DESKTOP EMAIL OPEN RATES STILL HIGHER, BUT DECLINING

According to eMarketer, more and more customers—B2B and B2C—are opening emails on mobile devices. So we need to design for that.

“According to the Q2 2015 data, 48% of all emails sent by Experian clients were opened on desktop devices and 40% of emails were opened on mobile phones and ereaders. Some 12% were opened on tablets.”

#email

 

THE RETURN OF “MAILKIMP”

The second season of Serial means a new round of ads for MailChimp. The ad creative from the first season had Serial listeners eager for the new round of ads (when does *that* happen?), the other two advertisers saw mixed results:

“On Twitter, MailChimp saw an 81 percent spike in mentions from Dec. 9 (the day before the premiere) to Dec. 10. Audible had a 19 percent increase, and mentions for Squarespace actually decreased.”

#podcasts

 

THE WASHINGTON POST MAKES DIGITAL PROGRESS

Ad Age reports that the investment of time and energy is starting to bear fruit for Jeff Bezos’ Washington Post. Two months after garnering more uniques in a month than the New York Times for the first time ever, the Washington Post is beginning to debut new native advertising units. They are undoubtedly beyond the budgets of book publishers at the moment, but worth watching to see what we might be able to use downstream.

#adtech

 

AGAINST IDENTITY

A new study (sponsored by Google, of course, so caveat emptor) suggests that targeting by intent is more effective than targeting by user profile:

“Researchers found that the people actually doing the searching aren’t always who marketers think they are. One example: video games. According to research conducted during the first half of this year, the majority of video-game shoppers are not millennial men. In fact, only 31 percent of mobile users searching for video games were men ages 18 to 24. The target market gets smaller when looking at YouTube demographics, which found that only 29 percent of searches came from men in that age group.”

The article goes on to suggest that this doesn’t mean we should throw demographic information out altogether, but it’s a useful reminder that demographic profiles are not the sum total of anyone.  

#adtech #targeting

 

THE MYTH OF THE EVERYREADER

In a guest post on Jane Friedman’s blog, Rebecca Faith Heyman does us the service of pointing out the benefits of targeting and reminding us that even the biggest “cross-over” titles of recent years (John Green, Suzanne Collins, J. K. Rowling) were written with very specific audiences in mind. Everything started with knowing the audience, and built from there.

(Via Digital Book World Daily)

#targeting

 

WHY BOOMERS MATTER

Advertising spends a lot of energy studying the habits of millennials, and as intent readers of advertising news we link to more articles about millennials than any other generation. But it’s worth underlining that boomers are the biggest market for book buyers and should earn an equivalent share of our marketing attention. An article on HubSpot reveals the larger buying power of the Boomer generation in 25 marketing stats. Including the following:

  • Baby boomers spend the most across all product categories but are targeted by just 5-10% of marketing. (Source)
  • 70% of the disposable income in the U.S. is controlled by baby boomers.(Source)
  • Boomers outspend younger adults online 2:1 on a per-capita basis, and they spend more than other generations by an estimated $400 billion a year.

#boomers #demographics

 

PINTEREST LIMITING AD FOCUS

This article in WSJ reports that Pinterest is pulling back its focus on advertising for all but its top categories: retail and consumer goods.

#pinterest #social

 

INTEGRATION OF OUTDOOR AND REAL-TIME ADVERTISING

Canon’s outdoor campaign in NYC is a great example of using creative that shifts in real-time in the “real-life” environment of outdoor. We love this blend of digital capabilities with physical space.  

#outdoor #digital #creative

 

TOP BRANDS EXPERIMENTING WITH PERISCOPE

The movement of corporate marketing attention to Twitter’s Periscope is coming at the expense of Twitter’s Vine (not to mention Meerkat).

#social #streaming

 

ANOTHER BILLIONAIRE DIGITAL GENIUS INVESTS IN PRINT

Alibaba’s Jack Ma buys the South China Morning Post post: another sign (pace Bezos purchasing the Washington Post) that traditional journalism with a healthy mix of significant print presence and fleet digital platforms is seen as valuable by many of the most forward-thinking minds in business.

#print

NEXT TO NOW: AD RESEARCH EDITION

Next to Now, , , , ,

 

ARE BUY BUTTONS ON SOCIAL MEDIA A GOOD IDEA?

Marketers are very excited by social media buy buttons, but consumers? Not so much. This survey of user habits on social media is a useful reminder that just because an idea looks good on a marketing plan doesn’t mean it’s something that serves our customers well.

#social #media #adtech

 

DATA REVEALS SURPRISING, UNCOMFORTABLE TRUTH 

According to Spotify, the number one zip code for playing Justin Bieber’s “Sorry” is Williamsburg, Brooklyn.

#data

 

HUBSPOT ON THE BENEFITS OF NATIVE ADVERTISING

This HubSpot article on the benefits of native advertising is well-argued and cites a wealth of links to relevant studies. Of interest:

—Consumers look at native ads 52% more frequently than banner ads:.

—Native ads receive two times more visual focus than banners: 

—Native CTR performance can be 85% higher than banner ads. n.b. This data point is from a Stackadapt study that uses an “average” banner CTR of .06%. Since Verso’s average is more like .1%, the percentage improvement is not as high for our campaigns, but it’s still significant.

—Avg CTR for banner ads is .08%. n.b. This links to a useful tool from Google for identifying benchmark rates, that identifies the average click-through rate as .08% (.05% for Flash, in case anyone’s still using that format!). It’s important to keep saying this: we expect—and see—better average CTRs for Verso campaigns.

#native advertising #data

 

DIGITAL ADS ARE GETTING SMARTER. ARE ADVERTISERS?

A professor at the University of Chicago looks into advertising spend on search, email and mobile. Among his surprising discoveries: most sales do not result from users who click on ads:

“In fact, 78 percent of the increase in sales in the Yahoo experiment was from users who never clicked on the ads. ‘Even though clicks are a standard measure of performance in online-advertising campaigns, we find that focusing only on clickers leads to a serious underestimate of the campaign’s effects.’”

#research #search #email #clickthroughs

 

OLDER USERS RESPOND BETTER TO DIGITAL

Two former Yahoo researchers show that the effect of online advertising on sales increases with age, with the top performing group over 65. So maybe book publishers shouldn’t worry about Snapchat so much right now.

#research #sales

 

CREATIVE PERSISTENCE

A report from professors at the University of Chicago’s Booth Business School and Northwestern’s Kellogg School of Management details the importance of persistence when it comes to creative breakthroughs.

#creative

 

NEW LUMA REPORT

Here’s LUMA’s new report on the state-of-the-art of digital marketing. The number one new trend is mass-personalization across channels. This of course requires very smart “identity” data. Slide 31 points to developments on this score. The second largest trend, content marketing, requires traditionally siloed departments such as advertising, PR, web development and email to work in concert. (Via BusinessInsider)

#adtech

 

IS THE VINE EXPERIMENT OVER?

Two years ago it was one of the hottest new marketing platforms, but AdWeek reports that today Vine accounts for just 6% of video marketing using advertiser-produced video (compared to 64% YouTube and 24% Facebook). That said, it’s still a viable platform if you use it right and partner with social media stars:

“Vine still shines when social stars are involved. Instead of brands posting their own content, Burns said that clients are looking to team up with top influencers who have amassed massive followings to create sponsored content.”

#social #video #vine

 

MOST MOBILE AND DESKTOP VIDEO ADS SERVED AGAINST SHORT FORM

Emarketer reports: “Q3 2015 research from FreeWheel found that 69% of digital video ad views served by its platform to smartphones occurred while users watched content shorter than 20 minutes.” Perhaps more surprising was the revelation that desktop video watching is still twice that on mobile and tablets:

“In 2015, US adults will spend an average of 12 minutes per day watching digital video on their smartphones and an average of 14 minutes on their tablets. Time spent on desktop and laptop is higher, with US adults spending an average of 24 minutes per day watching digital video.” 

#video

 

AGAINST BAD ADS

And by “bad,” we mean a bad experience for the user. As this NYT article says, there are far too many digital ads right now that try to work up the engagement numbers through forcing you to click on the content when you were just trying to get the ad out of your face. It’s a little ironic (but only a little), since the NY Times website is not immune to these kind of ads (this cat owner is looking at you, Purina dog chow video). But this might be the kind of culture we create when every marketing job is numbers based—judging a campaign by how many people clicked on the ad, rather than to how many people responded to what you were advertising.

#creative

Next to Now: Holidays Are Here Edition

Next to Now, , , , , , ,

As the New York City sidewalks become forests of blue spruce and Canadian tree sellers and the Rockefeller Center tree lights up the night, the world of digital advertising continues to evolve. Here are links to some of the most relevant ad news we’ve seen this week:

ADBLOCKING NOT YET AN ISSUE FOR MOBILE

Nieman Lab reports that, despite the sturm und drang, adblocking for mobile is currently not a factor, though it is affecting desktop:

“The good news from publishers’ perspective is that the mobile ad apocalypse does not seem to have arrived — yet, at least. While most publishers we spoke with were reluctant to share specific numbers on the record, most said that the share of their ads being blocked on mobile since iOS 9 launched in September was minuscule — ‘1 or 2 percent’ was the range we heard most often. The big concern is still on the desktop.”

#adblocking

 

THE GUARDIAN GOES AFTER SPORTS

Digiday reports on how the Guardian’s digital team is going after the global sports audience. With the growing U.S. market interest in the English Premier League, this could make it a good venue for the right book.

#sports

 

TWITTER’S PROMOTED MOMENTS CAN BE YOURS FOR ONE MILLION DOLLARS

Twitter’s “Moments” channel has a lot of promise, especially when advertising around live events such as sports or presidential election days. As with most new high profile platforms, the bar for entry is too high for book publishers: a cool million. But over time those prices will come down. Meanwhile we can see how the high cost Starbucks, REI, and Verizon campaigns perform now, while thinking about what we want to do more efficiently down the road.

#newplatforms #twitter #social

 

FACEBOOK GETS INTO LIVE STREAMING

The social media giant introduced a live streaming platform that will compete with Periscope and Meerkat. Given their user base, this is definitely a platform that’s worth watching.  

#facebook #streaming #social

 

FACEBOOK’S NOT COOL, BUT IT HAS ITS USES

YouTube, Snapchat, and Instagram are at the top of this survey of social media that teens find “cool.” But while Facebook is only the seventh coolest in the list, teens still use it:

“A new study from research firm Forrester found that while only 65% of 12 t0 17-year-olds consider the social network “cool,” (ranking it below most other popular apps), it still generates more “hyper usage” than Snapchat, Instagram, or Twitter. About 61% say it’s the social network they use the most.”

#facebook #social #teens

 

HARVARD BUSINESS REVIEW STUDIES MOBILE’S IN-STORE IMPACT

In a study sponsored by Google, HBR looked into the impact of mobile activity on brick and mortar stores. Among the findings: 28% of in-store sales were influenced by mobile activity before or during the purchase, and top uses included searching for a local retailer who carried the item (39%) or taking a picture of an item to ask a friend or family member for an opinion (38%).   

#mobile

 

SNAPCHAT LETS ‘DISCOVER’ USERS SHARE

For the first time, Snapchat is allowing companies to “deep link” to content shared on Snapchat from elsewhere. As Digiday reports:

“Until now, Discover publishers couldn’t link to their Snapchat pages from anywhere outside the app. With the benefit of social media promotion, they are likely to see a boost in traffic. It is similar to how YouTube creators expand their audience by sharing video links to third-party platforms.”  

#snapchat #social

 

THE PAST AND FUTURE OF BANNERS

Are the best years of banner ads in the past or in the future? AdWeek makes a case for programmatic creative.

#programmatic #creative