Posts Tagged ‘New Media’

Demographics of Online Coupon Use Are Changing

Wednesday, June 8th, 2011

A new report by Morpace shows the use of online coupons will continue to grow in nominal numbers, but who constitutes those numbers is slowly changing. Estimates don’t predict much change in the percentage of internet users adopting online coupons. 2009 saw 44% of internet users using them and 2013 predictions put that number just shy of half. With the growth of internet usage, however, that percentage bump will be almost 20 million people. Of the 2011 47%, 33% of those people have previously purchased a Groupon.

Groupon

Photo: AllThingsD.com

Groupon is clearly the darling of online coupon vendors, but the fundamentals may be changing. Normally Groupon caters to the small business, which is great for the digital agency. However, larger firms are now beginning to experiment with daily deal vendors including, but not limited to, Groupon. This changing daily deal partner may have the adverse effect of crowding out some smaller businesses.

Online Coupon Graph

Photo: EMarketer.com

Not only is the daily deal partner changing, but so too is the demographic of users. Normally the Groupon market is mainly married women, akin to regular coupons, making more than $50,000. The largest single group to visit Groupon in January 2011 was over 55. The digital agency has often neglected this older group because of the lack of digital integration in their lives. That assumption seems to be changing, and it may be changing precisely because of economic savings offered by digital integration.

E Marketer: Groupon and the Deal Revolution

A New Twitter Competitor

Tuesday, June 7th, 2011

Sina Weibo is a Twitter-like service that is currently available only in China. In China it is huge and the plan is to move the service into English speaking venues with Sina English. Budweiser is already on board and one of the few differences between Sina and Twitter is geared to marketing. One of those differences is Sina content is also linked to its portal, so links to longer content can still create exposure for advertisements. The main marketing advantage is the layout. Videos and pictures are displayed below the tweet-like message, Sina also operates on 140 characters messages, so viewing the content is easier.

sina-weibo-iphone-app-300x206

Photo: PennOlsen.com

Even though this service will make itself more of a marketing platform, digital agencies should remain cautious. Consumers are notoriously cautious about gumming up their processors with another app that offers a redundant service. To answer the redundancy question, Sina supporters point to the explosive growth Sina has had in China. However, Chinese affords more communicative potential in 140 characters than English does, and the inline display advantage is also mitigated by using apps instead of visiting the web page. The good news Sina does offer the digital agency is competition. Twitter will now have external pressures to develop, especially the in the realm of the pro-marketing differences that Sina offers.

The Wall: Can Twitter still be beaten? Chinese rival to launch in the US

Google’s +1 Button Now Everywhere

Wednesday, June 1st, 2011

FaceBook may have invented the ‘Like’ button and the placement of that button everywhere, but now Google has a similar tool. Google’s ‘+1’ button had existed only on its search results until Wednesday. Now publishers will be able to put the ‘+1’ on their pages allowing Google to obtain more data about other spaces on the internet.

google-plus-1

Photo: thefastertimes.com

Google searches will improve dramatically as a result of this. Until now Google searches would only benefit if people had clicked on +1 on the search page. Now people will see the button on many regular pages. Google also collects, just as FaceBook does, data every time a page with +1 loads on it. Even if a viewer does not click the button Google obtains some data, and even the viewer’s non-selection of ‘+1’ tells Google something. That in itself is a huge amount of data that will help refine Google searches. And increase the power of targeted advertisements.

Mashable: Google’s +1 Button Challenges Facebook’s Like Across the Web

Cord Cutting May Not Reduce Number of Ad

Tuesday, May 31st, 2011

Hulu is in negotiations with News Corporation, owner of the Fox networks, to increase the numbers of ads delivered by Fox during Hulu content. Currently, Hulu delivers most of the ads during an episode, however, the networks providing the content are allowed to deliver some of the ads. News Corp wants to deliver more of those ads.

Making the content available online causes a share drop on TV ratings and that causes a revenue drop. Networks would like to be able to carry over some of the same advertisers so those revenues do not drop as significantly. Hulu benefits from carrying networked content because that is what draws the crowds.

hulu-logo

Photo: Houston Press Blogs

The bellwether came from the CW Network’s online offerings. In 2010 the CW Network’s online advertising reached almost the same load as the broadcast advertising load. While many would expect this to drop viewership, it actually rose by 55% and 94% of the ads were watched to completion.

Many digital agencies may have felt stymied about advertising on TV content providers. The CW Network’s experiment, however, turns the conventional wisdom about viewers being allergic to ads on its ear. This will probably result in a rise in the amount of ad space available as well as a drop in those prices. This can be expected until certain levels of viewers have cut the cord and then viewership will become allergic to those advertisements. For now, however, we are not at that tipping point.

Ad Age Mediaworks: News Corp.’s Hulu Hope: To Add More Commercials

LinkedIn and Twitter Join Forces

Friday, November 13th, 2009

Earlier this week, social networking mega-sites LinkedIn and Twitter joined forces. Why it didn’t happen sooner is anyone’s guess.

Both companies, now synced, earn ample benefits from their respective partners, such as data exchange and worthwhile business intelligence. LinkedIn users will able to update their statuses more frequently and appeal to a younger demographic. Twitter can gain access to LinkedIn’s influential and growing user base.

In your LinkedIn settings, you can link your account to Twitter to allow for every tweet to be posted as your LinkedIn status, or just the ones that include either the #li or #in hashtag.

Where this ends up is anyones guess, but for now, enjoy the new networking feature.

Newspapers are Dying, Where Did the Audience Go?

Friday, March 27th, 2009

Right here. On the Internet. This is where all those eyeballs go.

Ever since newspapers started circulating, they have been an ideal spot to promote your business. Well it’s no secret that medium is being phased out. So what should you do? Where are all of those readers going now? They have migrated to the web, and you need to follow.

Need to hear it from a reputable source? CNN will tell you all about it here. A few excerpts to chew on:

More bad news could be coming this week as newspapers struggle to meet challenges posed by changing reader habits, a shifting advertising market, an anemic economy, and the newspaper industry’s own early strategic errors.

The industry’s advertising revenue in 2008 was $38 billion, a staggering 23 percent drop from $49.5 billion the year before. Print media companies are failing to achieve market expectations each quarter, scaring away investors, venture capitalists and potential buyers in droves.

Newspaper classified ad expenditures tumbled nearly 17 percent in 2007, according to the Newspaper Association of America. The recession is affecting auto dealerships, real estate companies and other local businesses, accelerating the advertising downturn.

Newspaper

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