Posts Tagged ‘reactive advertising’

Upcoming keynote on Infusion (Amsterdam, NL) – on remixing and reactive ads

5 November, 2008

I’m going to Amsterdam next week to deliver a keynote on the Infusion conference, on how we can create more entertaining, clever and persuasive marketing by applying lessons from electronica music, gaming, social media, web mashups and advertising from the late 60s.

Naturally, I will focus to some extent on reactive ads, but mostly I’ll put reactive ads in context of the larger trend of the remix culture, drawing parallels between punk music and intellectual property pirates etc. It’ll be a hoot. If you happen to be there, don’t miss it or at least, e-mail (vonsydow AT byburt.com) or tweet me and we’ll grab coffee!

Web 3.0 ads = big yawn?

17 October, 2008

Another day, another keynote on how tweaking ad placement just a little bit more will save day… So R/W/W has this post on a keynote speech from Web 3.0 Conference in Santa Clara by Amiad Solomon from Peer39. All in all he makes a good case on how the semantic web concept can be applied to improve targeting accuracy, which is probably true, specially in the long tail.

However, the reasoning is still stuck in the “right product to the right person at the right time” paradigm. The bottleneck for online advertising nowadays isn’t targeting, it’s getting people to see the ad… targeting is great all in all, but the reason for the arbitrage between online media consumption and ad spend is simply that brand advertisers don’t have an appealing model to create demand for products and brands which people don’t know they want. One more time – if people don’t see your ad, it doesn’t matter if they’re in your targeting audience (or that they’re in desperate need of your product for that matter).

So, we need to leverage data beyond simple targeting and instead use it as input to remix the message and content so that the shape of the ad will appeal to each unique viewer…. which is what we’re going for (shameless plug) at Burt. Looking forward to releasing Copybox and Meme Machine, just a month or three away from showing what we’re going for and why it will spark a creative explosion!

Yeah, yeah… maybe then people will get it ;) More on this next wednesday, when I’m speaking at Web 2.0 Europe. See you there!

Quality of (social Network) advertising

7 July, 2008

Mashable has a quick poll on which social network provides the “best” ads, and naturally you get the “I hate ads, I never watch them…” etc. arguments in the comments. From the people who probably think that selling Coke using AdWords is a swell idea and the most appropriate way to market a drug that took 6 billion dollars and 12 years to develop would be using Twitter and YouTube virals.

Truth is, no one wants “to be sold”. We don’t like the feeling that we’re getting manipulated and that our tastes and behaviors fit in to some sneaky strategic planner’s description of a target audience. Because we think more of ourselves.

We quote stuff like “banner blindness”, “increased clutter” and “marketing savvy consumers” to imply that we as recipients are getting smarter. However, so are advertisers. Well, maybe not all of them … but all over the world advertising is alive and doing very well thank you.

People are still responding to advertising in the way we want to, meaning that being exposed to an advertiser’s message increases the likelihood of someone taking a preferred action further down the road. And you’re not different. Deal with it.

As for the social networks and their appaling low CPMs, which is certainly a testament to the fact that despite the humongous pile of data available to their dataminers, good ol’ content is still the most reliable source for relevance.

Not that this won’t change though. I’m pretty sure that reactive ads like that of my pet project Burt will completely change the advertising economics in these networks, and some clever chap in a research lab is probably working on some way to use conversation (instead of content) as context for advertising. Dialogue based, contextual advertising, perhaps? “Conversational advertising”?

The social networking sphere is still waiting for it’s Overture. But it’s out there, and my guess is that paying $1CPM to advertise in a data rich, high involvement environments like Facebook or MySpace will be long gone in two years time.

Reactive advertising – a meme is born

2 July, 2008

We’ve been doing some stuff based on this concept for the last year or so and have ben struggling on what to call it. The name “reactive ads” sort of emerged over time, and since we recently got acceptet to speak at Web 2.0 Europe with “Reactive advertising” as the topic, and I spoke at Google two days ago and used that term, I figured I might aswell get it out there ;)

So what is “Reactive advertising”?

Most efforts today in Internet ad technology are focused on one thing – optimizing targeting based on varous forms of data. And sure enough, the Internet has us swimming in data, flooding marketers with opportunities for better targeting, media planning and measurement. However, these improvements overshoots what most marketers are able to utilize. Instead, what now needs to be improved is getting consumers’ attention and creating impact.

Besides being able to collect and structure massive amounts of data, the Internet also gives us the opportunity to tailor our message and the contents and characteristics of our ads to each specific user.
This can’t be done in either print, TV or radio. And it’s a completely different thing than putting up an ad in front of the right person.

Enter “reactive advertising” – ads adjusting the contents to optimize performance based on the conditions of each unique exposure.

Reactive ads shifts the use of data from improving targeting, to improving the ads themselves. It can leverage information that is most often completely useless or too fine grained to be of practical use for media planning purposes, not to find our target audience, but to talk to them in a more compelling way.

Campaign can unfold in ways that are more dynamic and persuasive than ever before. Stories can be told in a way that’s more participatory and dynamic than ever before. With so much advertising these days cluttering our lives and dumb us down, reactive advertising presents a real opportunity to make ads that are not only relevant, but also more intelligent and entertaining.

Reactive ads is the start of a new creative revolution, driven by technology and a world of endless data. We’ve seen from research and the trial campaigns we’ve run using Meme Machine by Burt (still in prototype stages), that reactive ads have the potential to completely redefine how much impact that can be delivered in one single exposure.

In early fall, we’ll be rolling out a beta release for a select number of agencies to try for their clients. If you’re interested in tagging along or just want more information on this concept, send me an e-mail at gustav (a) vonsydow.tv?