Skip to main content

Ads Get Personal Relevance on Mass Scale

According to Kagan Research, marketers are salivating at the prospect of placing their advertising messages on a massive scale in a previously untouchable environment -- the personal "conversations" of consumers.

With the Internet, marketing communications can be inserted in social websites like MySpace.com, opinion-oriented blogs, chat rooms and user-generated content sites such as YouTube.com. This is a twist because analog media is built around professionally made content that, while engaging, is not usually very personal.

Is a luxury car ad more valuable presented in a chat room devoted to motor sports, when two consumers exchange car photos, or accompanying an amateur web video about customized cars than as a 30-second commercial in a crime drama TV series? Interactive media executives said in the September 25-26 MIXX Conference during New York City's Advertising Week that achieving personal relevance on a mass scale is revolutionary.

Advertisers agreed. "You have to be there and participate in the conversation as it happens," Jerri DeVard, SVP marketing and brand management at Verizon Communications, told a MIXX seminar. "Personalization is about the efficiency of the ad spend." However, Internet audience measurement and tracking need to improve in order to deliver on the promise of ad personalization.

Regardless, amateur videos posted on websites are so popular with advertisers they say they can't find enough web slots to place their commercial spots. Overall, U.S. Internet advertising jumped 37 percent in the first half of 2006.

Popular posts from this blog

Banking as a Service Gains New Momentum

The BaaS model has been adopted across a wide range of industries due to its ability to streamline financial processes for non-banks and foster innovation. BaaS has several industry-specific use cases, where it creates new revenue streams. Banking as a Service (BaaS) is rapidly emerging as a growth market, allowing non-bank businesses to integrate banking services into their core products and online platforms. As defined by Juniper Research, BaaS is "the delivery and integration of digital banking services by licensed banks, directly into the products of non-banking businesses, commonly through the use of APIs." BaaS Market Development The core idea is that licensed banks can rent out their regulated financial infrastructure through Application Programming Interfaces (APIs) to third-party Fintechs and other interested companies. This enables those organizations to offer banking capabilities like payment processing, account management, and debit or credit card issuance without