Showing posts with label industry. Show all posts
Showing posts with label industry. Show all posts

Wednesday, February 13, 2013

Orlando Ad Market Finishes Strong First Quarter: Good Second Quarter Forcasted


Orlando ad spending has increased throughout the first quarter but despite previous quarters experiencing sluggish markets. Both TV and radio have seen spending gains in numerous categories this quarter.
TV spending was up 10 to 15 percent in January, and it’s expected to be up at least 10 percent year-to-year for the remainder of the quarter. Large categories including auto, financial, telecom and furniture have all increased spending by double-digit percentages versus a year ago, putting a squeeze on inventory.
Prime-time and news day-parts have the highest demand this year, but other day-parts will also pick up in coming months. With predictions for a strong second quarter the market should remain healthy.
Radio spending has also been ahead year over year throughout the first and second quarters, despite pricing being down as compared to a year ago. Financial, retail and auto advertisers have all increased radio spending this year.
From Dec. 6 to Jan. 2, WMGF averaged a 13.6 portable people meter rating in its holiday season, according to Arbitron, more than five points ahead of the No. 2 station WPOZ-FM, which averaged an 8.5. Stations owned by Clear Channel and Cox perform the best; In December those companies accounted for seven of nine top Orlando stations.

Wednesday, February 6, 2013

Super Bowl Ads that Confused Us All


BlackBerry and Best Buy are two struggling companies with a whole lot in common when it comes to their failing business models and slump in stock sales. Now they are also two companies who have recently given the world two terrible Super Bowl 2013 ads which don’t seem to have much hold on consumers.
BlackBerry’s recent introduction of its new Z10 smartphone, which was unveiled last week was intended to keep its current customers engaged with the brand while enticing its former customers to return. The product itself could be what BlackBerry desperately needs to get back on track, and with the right ad campaign, they could have done so. But instead of showing consumers what their product does, BlackBerry did a full 180 and gave us this monster of an ad.

Meanwhile, Best Buy featured an ad which portrays Amy Poehler as a shopper, harassing a sales associate with personal questions. The ad has hints of humor but confuses consumers with non-direct messages and endless questions on what seems to be hundreds of products. With the tagline, “Thousands of Experts Ready to Help,” One would think the commercial would showcase the expert actually answering questions, instead our expert stands dumbfounded and speechless in the wake of the inquisitive tornado that is Amy Poehler.

With Super Bowl 2013 ads being said to average $4 million dollars for each 30-second spot, big box stores like Best Buy battling online competition, and BlackBerry fending off the ever growing iPhone following, it is clear that neither company should invest in risky, unclear and confusing ads. Super Bowl ads have always stressed creativity but with BlackBerry’s flat out weird ad and Best Buy’s borderline obnoxious and aimless ad, it seems as if sense and logic are being removed from the process creating new ads.

Tuesday, May 15, 2012

General Motors Quits Facebook Advertising


General Motors is pulling ads from Facebook, calling them “ineffective”, according to a Wall Street Journal report. It was determined that their ads on the platform “had little impact on consumers,” according to the report. However, GM will continue to market via Facebook’s free brand pages.

The article quotes GM marketing chief Joel Ewanick as saying GM “is definitely reassessing our advertising on Facebook, although the content is effective and important.” Ewanick’s use of “content” in this case refers to Facebook brand Pages.

GM spends about $40 million marketing on Facebook, but only about a quarter goes to advertising- the rest going to creating content for the site, according to the report. GM spends an estimated $1.8 billion worldwide on advertising per year.

A Forrester Research Analyst, Nate Elliott, wrote a blog post on Monday questioning the social network’s advertising. “Somehow Facebook still hasn’t stumbled upon a model that’s proven consistently successful for marketers, or that brings in the massive revenues to match the site’s massive user base,” wrote Elliott. “One global consumer goods company told us recently that Facebook was getting worse, rather than better, at helping marketers succeed. And companies in industries from consumer electronics to financial services tell us they’re no longer sure Facebook is the best place to dedicate their social marketing budget – a shocking fact given the site’s dominance among users.”

Facebook posted revenues of $3.7 billion in 2011, the vast majority of which came from advertising. However, Facebook’s first-quarter revenues fell from the previous quarter and Facebook’s amended S-1 form, filed on May 10, cited the transition to mobile as a worrisome sign for ad revenues.

Wednesday, April 18, 2012

Marketers are making their way onto Pinterest


More and more research being released shows that social media is taking over and it’s a great way to help market and advertise brands. Pinterest is one of the newest social media outlets being utilized by marketers. Magazines like Better Homes and Gardens and marketers like Whole Foods have been quick to embrace Pinterest, the start-up firm that allows its users to share images by “pinning” them.

The site’s popularity among brands is noted as a prime example of the rise of visual web, along with Instagram and Facebook’s new time line feature, which like Pinterest, is heavily driven by images instead of text.

Andrew Lipsman is the vice president of industry analysis research firm comScore said, “Pinterest is creating sort of a meritocracy of what’s visually appealing. Brands are scrambling and trying to figure it out. They know it’s going to be big, but they don’t necessarily know the best way to use it.”

Better Homes and Gardens has 73 pin boards on Pinterest with a total of 47,854 people who follow them. Images from these boards were “re-pinned” (another feature of the site) on other boards 448,022 times in January alone. “To me, it’s an ideal platform for brands like ours that are really visually driven in many ways,” said Gayle Butler, the editor in chief of Better Homes and Gardens.
Another way that images make their way across the Web to Pinterest is through the “Pin It” button that is slowly making its way alongside the Facebook and Twitter share buttons that live near most digital material.
While the company does not provide any user data to publishers of brands, we do know that it is at the forefront of social media and that Pinterest is a great way to further build a brand.