YouTube is quietly gearing up for a major site revamp that will dramatically increase its ability to compete with broadcast and network television, including a number of channels with professional content. Oh come on, did you really think television ads as we know it would be around forever? It barely makes sense anymore. Especially paying for commercial space that now gets ignored more than most other media, yet still leads in media expense. (OK, we know, there’s still the Superbowl. But then there’s the rest of the year)
Think about it. Why would you pay to advertise in a medium that allows the viewer (aka potential customer) to skip past your television ad with one simple click? Or to have your product shown to a semi-targeted demographic audience that’s been defined by way of archaic technology (can you say Diaries?) Why would you, the advertiser, invest in this form of media when you could pay for only your exact target audience’s guaranteed viewership? That’s the difference that will become increasingly obvious over the next 12 months as online video really takes over the internet.
Why hasn’t it happened yet?
Until recently, online streaming was limited by bandwidth challenges, interrupting viewers enjoyment of what they were watching online to buffer the next chunk of media. Those days are almost gone, which is the last big challenge the online world had to conquer in order to become the source of choice for viewership.
So, imagine this…
You’re an advertiser. You can now pick and choose where your television ads run based on finite behavioral consumer characteristics, one viewer at a time. You can pay a premium to have your ad run in a venue that does not allow viewers to fast forward past it, or you can pay a lower fee and take your chances they’ll still watch your ad. Either way, you know the viewer is a perfect target for your message. Or maybe you’re willing to pay a higher fee, but only when they click on the ad that lands them on your web page. The common denominator – no waste. Compare that to today’s average television advertising options. There’s no comparison.
The powerhouses currently in charge of accepting media and advertisements in the online world are aware of the flaws broadcast television has when it comes to offering advertisers the best choices. You can bet they will not be cutting and pasting a strategy that no longer works into a new media ripe for gleaning billions of ad dollars. And YouTube (aka Google TV) will lead the way.
What will consumers expect from the increasing number of ads that will find their place in front of their eyes? A lot. First, it had better be relevant. Next it had better be refreshing (and trustworthy). Then, if it’s persuasive enough, it had better allow them to click through to something equally relevant and useful. Otherwise they will click on the button that reports back to YouTube (or whoever) that they found the ad a waste of their time.
The days of media placement costs sucking up 80% of an advertising budget while creative costs about 20% are quickly coming to an end. Certainly the immediate future of online advertising video placement costs will be nowhere near the cost of traditional television ad space. (Don’t hold your breath that this will stick) But the requirement for the very best, smartest and most trustworthy message will increase greatly. It would come as no surprise to us if, in the next few years, the “idea”, along with its creative execution, switches places in the 80/20 scenario. Time will tell. What do you think?
The problem with being cheap is that once you start, your competitor will likely play the same game. 90-days later you’ll find yourself as a profitless commodity.
Cheap is a lazy way out of the battle for consumer awareness.
Why do some customers focus so much on price? Because you’re not giving them anything else to think about.
With 84% of U.S. consumers using the internet to determine what they’re going to buy and who they’re going to buy from, having a brand is more important than ever.
Isn’t it true that in every market measured, the leading brand, the one with the highest positive name recognition, has a huge advantage over the others? Whether it’s Honda, Nike or Tide Laundry Detergent, a lot of benefits go to the brand that wins.
Branding is not about getting your target market to choose you over the competition, it is about getting consumers to see you as the only one that provides a solution to their problem. The great success stories are not the companies that did what others did, but a little cheaper. They are companies that decided to do things a whole lot differently. Don’t just think better. Think different and establish your brand.
Written By: Kristen Roberts
Poor WordPress.
It’s spent the last few years trying so hard to be understood. It started out as a blogger’s website format, but then people like Matt Cutts from Google embraced it and told the world how it could be so much more than just a blogging platform. It quickly became the Google-Darling, offering high search results. And yet, when you mention it to classic web developers they would laugh it off as a baby’s tool.
Who’s laughing now? Certainly not WordPress. But lets back up for a second.
Like it or not, your website will be judged by end-users on how it looks and works. The best content in the world cannot make up for an amateurish, cluttered, or garish site design. You’ve almost certainly visited poorly designed websites. Maybe they have lots of flashing text in colors that are hard to read, or maybe they are so cluttered you can’t find anything. Good website themes need a harmonious combination of graphics, text, and “free space” so that the eye is naturally drawn to your content. A good website theme is visually attractive, yet not distracting. It should reflect your tastes without overpowering the content. That’s what WordPress can offer.
But why does Google like WordPress so much when it comes to search?
Because of its origin. It was built for bloggers who wanted to freely share their thoughts and ideas in the online world. It was built for people who wanted to regularly offer up relevant, fresh information. Google search engines want to find the freshest most relevant information online today, so the format of WordPress is a natural for Google.
And the open-source format of WordPress has allowed thousands of developers to improve the product even more via plug-ins and enhancements that have taken the initial blogger’s site concept to new heights. Best of all, through these enhancements, the timely and relevant information that search engines love are even more findable on WordPress sites. (Check out our site to see what we mean)
We believe this will be the year when WordPress makes sense as a strong format for most small, many medium, and even a few mega-businesses. As long as the developers continue to embrace it and contribute to its usability, it will continue to become the modern-day website format of the decade.
















