January | 2013
We no longer live in a 'linear' world. Today, people move fluidly and unpredictably between devices and media environments - mobile device to computer to social platforms to TV, all in one day. With new technologies such as Video on-Demand (VOD), Digital Video Recorders (DVRs) and internet video, traditional linear advertising (inserting of promotional messages into programs that are being transmitted in continuous form, like broadcasting or streaming) as in TV, is losing some of its effectiveness.
Online media and advertising were supposed to be the new formats that would allow for the new, non-linear advertising that the new media paradigm demanded. Targeting became more important than the messaging itself and the domain more of a quant play than the realm of the old guard marketers. Engagement is driven by the audience at multiple points and on many devices, and audience fragmentation makes targeting even more critical.
However, non-linear ads have not been the godsend they were believed to be. Random banners do not work even if they are interesting. Mobile newspapers and magazines are confirming this painful discovery with dismal ad revenues. According to a recent study, 50 percent of clicks on mobile ads are attributable purely to the "oops" factor.
Today, online video and mobile are changing the pattern of storytelling once again; they are becoming more guided experiences. A much more limited real estate on the mobile device and the current patterns of online video consumption that closely resembles traditional TV are making some of the old honchos pound the tables and scream "I told you so." So — are we going back to linear? Of course it is not really the same, even though it may seem to be. The complexity of multichannel publishing and marketing makes it a far cry from linear.
A key characteristic of a linear video ad, according to IAB, is that it takes over the full video experience for a period of time. Storytelling and targeting are critical. This fact must be remembered by non-linear ad makers as well. Even when making the switch to non-linear story-telling, content is still the king, and is extremely important. High-value or targeted content and context is what will sell.
Similarly marketers will finally have to face-up to real multi-channel storytelling, in high volumes. While not linear, per say, they will need to be holistic consumer experiences that can stand on their own or as part of an integrated storyline. This will need to be done in size and diversity that may require the industry to rethink old paradigms. In a way this change may be more dramatic than Search, as it will touch the core creative and media processes. Instead of thinking of this as merely another challenge, it is worth keeping in mind that this new non-linear climate provides for a deeper and longer level of consumer engagement than the typical linear television ads of the past.
Atanas Popov is a senior industry partner specializing in business strategy, operations and technology in media and telecommunications. Atanas leads Media Consulting and works with many of Wipro?s clients to deliver value through innovation and business transformation.
Atanas joined Wipro from Trilogy, where he was a portfolio CEO, managing several technology businesses servicing hundreds of enterprise clients. Prior to this Atanas was CEO of Docvoice, a healthcare communications company, and co-founded the new ventures group for Interpublic, one of the largest global marketing holding companies. He delivered strategy and solutions in search, mobile, social media, advanced TV, and hyperlocal marketing. Atanas also served as SVP of Business Transformation with Interpublic Media.
Mr. Popov joined Interpublic from Deloitte Consulting where he led major business transformation efforts for Fortune 500 media and telecommunications companies. While at Deloitte, he developed a number of POVs on technology topics, including consumer privacy in the digital age and Shared Services.
Mr. Popov brings diverse international experiences from ventures in Europe, North and Latin America. Mr. Popov holds Master of International Business and BS in Mathematics.
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