Posted by Sheila Shayon on August 5, 2013 12:50 PM
Boston billionaire John Henry is now the largest employer of journalists in Boston after his purchase of the Boston Globe from the New York Times Co. The principal owner of the Boston Red Sox, Henry is buying the Globe, the Worcester Telegram & Gazette and its website, the Globe’s direct mail business and a 49 percent interest in the free Metro Boston newspaper for $70 million, a virtual steal given the $1.1 billion the New York Times paid almost 20 years ago, but as with most major US dailies, the Globe has consistently lost readers, advertising, and status.
"The first thing to note is that he paid more for his second baseman than for the Globe," commented Lou Ureneck, a journalism professor at BU. As for his investment into the media business, Henry may have to deploy some of his best consumer engagement tactice from the Sox, as traditional revenue streams continue to falter. "Classified advertising is a distant memory, ancient history,” added Ureneck. “Maintaining newspapers—or more importantly the news organizations behind them—is going to be a long and difficult slog, requiring digital products strong enough to attract paying readers."Continue reading...
Posted by Dale Buss on July 16, 2013 12:47 PM
Marissa Mayer may have created tidal waves in the worlds of maternity leave and telecommuting, but while she's also swelled Yahoo's stock price in her first year as CEO, she hasn't created more than a few ripples in terms of the company's long-term prospects.
Analysts aren't expecting much from the report of Yahoo's second-quarter financials today even though Google alum Mayer has been on the job at Yahoo for exactly a year, brought in as a last-ditch messiah as the tech company's sixth CEO in five years. Google and Microsoft also report earnings this week.
Among other things under Mayer, Yahoo has scooped up 17 technology startups, including the sizeable acquisition of Tumblr, has stemmed attrition and has, well, made it acceptable again in Silicon Valley to work at Yahoo instead of defect to Facebook or Google.Continue reading...
Posted by Sheila Shayon on April 16, 2013 10:47 AM
Social Shopper pioneer Collective Bias has iterated marketing messaging to new heights with a community of 1,400 influencers doing the heavy-lifting for brands.
“We believe that social shopper marketing is the evolution of shopper media, and supplants tired traditional media like FSI’s, retail circulars and digital display advertising,” said John Andrews, co-founder and CEO of Collective Bias. The company, founded in 2009 and headquartered in Arkansas, just received $10.5 million in funding led by Updata Partners to grow its platform where brands such as Tyson, Nestle and Smart & Final pay for their products to be covered by relevant bloggers who push that content across social media.
Named one of America's Most Promising Companies in 2013 by Forbes, their proprietary Social Fabric community of shopping-centric influencers has an aggregate reach of over 50 million, as the company claims its bloggers have an average reach of 40,000.Continue reading...
Posted by Mark J. Miller on March 22, 2012 11:44 AM
They say size doesn’t matter, but the Internet Advertising Bureau disagrees. New research from the UK-based IAB (there's a US body too) shows that consumers pay a lot more attention to brands that don’t stick to the basics of online advertising.
The IAB UK just released a global study indicating that larger formats are “twice as effective at raising brand awareness” than the forms of advertising that have long ruled the Internet: banners, skyscrapers, and mid-page units.
The group checked out how well three larger formats – billboard, wallpaper, and half pagers – did compared to the old paradigm. Five key metrics were measured: ad awareness, brand awareness, brand favorability, message awareness, and purchase intent. Guess who won the fight?Continue reading...
search and destroy
Posted by Sheila Shayon on February 21, 2012 04:04 PM
Valentine’s Day was marred for many by failed or faulty delivery of bouquets to loved ones, as we covered here, last week – and many consumers and retailers had things to say.
A popular florist blogger commented in a Feb. 17th post titled “Valentine’s Day Flowers Adwords: Feasting on the Bones of Local Florists”:
“Vultures. It’s the only way I can think to describe Google’s Adwords ads this past Valentine’s Day holiday. ‘Don’t be evil’ flew out the window and Google opened it even wider for the birds of prey to strip consumers and local flower shops of their hard-earned dollars.
First, we had ProFlowers telling shoppers seeking local florists BY NAME in Google searches that the stores were sold out of flowers. It’s a completely despicable ad tactic that diverted consumers by lying about local flower shop inventories. Despite having plenty of beautiful blooms for Valentine’s Day, the drop-shipper tried to suck in late buyers by falsifying the flower availability at these shops. Shame on Liberty Media. Shame on ProFlowers. And shame on the Google staffers who approved those ads."
We asked Google to comment, and they replied by email.Continue reading...
Posted by Abe Sauer on December 20, 2011 03:03 PM
Market research group Lab42 asked a question branding and marketing pros ask all the time: Is anyone even paying attention to advertising?
The three forms of advertising Lab42 focused on were online banner ads, ads in free phone apps, and ads in music streaming apps.
Some of the findings are expected (pop-ups are annoying!) while others are surprising (31 percent of respondents claimed to never fast-forward through commercials in DVR-ed programming). The survey findings in an eye-catching visual graphic:Continue reading...
Posted by Sheila Shayon on November 3, 2011 04:04 PM
AOL CEO Tim Armstrong was comparatively upbeat on this week's Q3 earnings call, citing the web giant's February acquisition of The Huffington Post, the growth of the Patch network of hyperlocal community websites and increased mobile content as key drivers. As of September 30, 2011, AOL had $444.1 million of cash.
With a third quarter net loss of $2.6 million, or 2 cents a share on revenue of $531.7 million, down 6% from a year ago, ad revenue is up 8% from 2010 to $317.7 million. "Amazingly," Business Insider commented, some 3.5 million AOL users still access the brand via dial-up. On paper, CNN Money observed, AOL's financials may look "dismal," but its "quarterly revenue declines were the lowest in 5 years (while) search ad sales fell by the smallest amount in 2 years."
Since July’s changes in AOL’s ad operations, which saw Jeff Levick ousted (to land at Spotify as chief ad officer) and Ned Brody upped to the top spot, Armstrong said they’ve been tightening their focus and offering to marketers and advertisers.Continue reading...
no kidding around
Posted by Sheila Shayon on June 2, 2011 04:00 PM
Chex Quest, from General Mills, was the first video game to ever be included in cereal boxes as a prize back in 1996. Fast forward 15 years to Create a Comic, General Mills' latest digital advergame designed to engage kids with the Honey Nut Cheerios cereal brand.
In that brief span of 15 years, the playbook on marketing to children has been rewritten by all things digital, and marketers are increasingly using games, quizzes and mobile apps to woo kids into a social web where they essentially act as marketers themselves.Continue reading...