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Rethinking Publishing in the Content Marketing Era 2015

Full-Service Digital Agency
11 de May de 2015
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Rethinking Publishing in the Content Marketing Era 2015

  1. RETHINKING PUBLISHING IN THE CONTENT MARKETING ERA Matthew Buckland | Creative Spark | www.creati vespark.co.za Edgars’s Club Advertising Summit 2015 | Johannesburg
  2. TM
  3. The digital/internet era caused massive disruption & change in just about every industry. Here are a few...
  4. Banking & financial services: Bitcoin, Google Wallet, ApplePay
  5. Banking & financial services: Peer-2-Peer lending, cutting out the banks, Wonga, Snaplify, Friendsurance Credit: teeveetee.blogspot.com
  6. Travel & hospitality: Uber
  7. Travel & hospitality: airbnb
  8. Telco: whatsapp. Death of SMS greatly understated. Now, death of “calls”?
  9. Medical: mines data from millions of studies to make assessing medical experts and treatments easier
  10. Medical:behavioural analytics platform that turns smartphone data into health insights
  11. Self diagnosis: Philips vital signs camera (available on app store)
  12. ...disruption also in education, retail, government, consumer electronics. In the media & marketing world we have seen unprecedented disruption too... MEDIA
  13. CHOICE Mainstream media consisted of a few choices in TV, radio and newspapers. Then came the internet...
  14. Massive digital fragmentation: many options, competition for our time & competition for media businesses
  15. BUSINESS MODEL Competition for both revenue & reader attention. Media & advertisers need to figure out a new paradigm: platforms, ad formats, content types, distribution & business models
  16. Internet instigated a dramatic fall in the economics of media. It’s now cheaper, faster, quicker to produce & distribute media allowing non- media companies, bloggers, one- man shows to get in on the media game. Therefore all companies are media companies = massive competition for eyeballs & revenue MODELS
  17. • Superdistribution: the forwarding of media through social networks means a tiny publication with an important article can reach huge audiences quickly & at no additional cost* • Presence of networked video cameras in people’s pockets increasingly means reporting comes from readers* • Print felt disruption first... now TV (internet TV in fast bandwidth era) & Radio (podcasting) beginning their disruption cycles • New platforms mean new rules (tablets & all digital devices) DIGITAL MEDIA DISRUPTION * Post-Industrial Journalism: Adapting to the Present: COLUMBIA JOURNALISM SCHOOL
  18. ...in the home
  19. ...in shops
  20. TV, Parrot here Here already...
  21. Everywhere... looming media battle to disseminate content to and monetise just about any surface...
  22. ...even solar-powered LED roads?? elitedaily.com
  23. • Soaring user numbers, but revenues struggling: 10c per print user, vs 1c per digital user • Paid content online is NOT WORKING, except in limited cases where financial data or B2B research data sold • Fierce (and unfair - tax) battle for digital advertising pie from Google (R1,5bn) & Facebook (local office) • Advertising flocking to these new businesses. Why? Reach, scale & ease of placement; better targeting & engagement; better ad formats & placement; CPC/shared risk model DIGITAL PUBLISHING 2015
  24. • Niche publications that serve rich advertising ecosystems will continue to thrive • We are seeing rise of new, lean media companies that are able to run profitably & extract value (Open source tech, crowd-contributor model, new ways of working) • But digital publications in general still searching for optimal revenue models DIGITAL PUBLISHING 2015
  25. • “Light bulb moment”: Stop seeing ourselves as Online Publishing but as a Content Distribution Network • Secret behind any site is the web of business deals, distribution decisions behind it that sees its content activated and monetised on new platforms • Successful digital operation sees website/CMS at the centre, distributing content & brand to a variety of platforms RISE OF THE CONTENT DISTRIBUTION NETWORK
  26. WEBSITE/ CMS APPS & OTHER DEVICES PRINT EVENTING SOCIAL MEDIA VIDEO/TV AUDIO/RADIO THE CONTENT DISTRIBUTION NETWORK Also known as “Hub & Spoke”. CMS distributes content to other platforms & social media. Create content once and publish everywhere SYNDICATION EMAIL
  27. • Print is many a digital philosophers’ punching bag • Print will not die, but will shrink, niche • Like theatre became smaller & premium • High barriers to entry (cost) ironically make medium better businesses • Print publications “dedicated devices” – more effective at getting your attention • Digital overload & too many choices in a busy world: Print able cut through noise • A good option for niches with loyal communities “ATTENTION”
  28. Fire vs electric heater Print vs online ‘Common sense’ that one would replace the other “Easier, cleaner, faster” vs “dirty & old” But each has different feel & function ANALOGY
  29. • Well, many hardcore, new- economy digital businesses • Net-a-porter, AirBNB (Pineapple), Uber (for drivers), Politico, Allrecipes, Ars Technica, Pando • Locally: ITWEB (for the last 15 years) WHO IS DOING IT?
  30. WE ARE DOING IT! #platforms #contact #expansion WITH THANKS TO JOHN BROWN
  31. • Last 10 years has seen a search for new revenue models • Banner ads alone are not cutting it • Banner ads an outdated model: a pre-social media & pre- search invention: not shareable, searchable, emotionally engaging or ‘interruptible’ • (Users don’t mind interruptions if advertising relevant & useful) • Harder to ‘distribute’ banners to broader internet in a medium that is all about distribution & sharing NEW ADVERTISING MODELS
  32. • Paradoxically banner CPMs dropping as sites get bigger (supply & demand) • We need to get creative: advertising types, placements, creative, platforms • New product innovation: Programmatic, native advertising, sponsored content, advertiser partnerships, full page tablet & smartphone ads NEW ADVERTISING MODELS
  33. Display (mobile)
  34. - Native advertising is part of a site’s core newstream, therefore plugs into its existing distribution network (RSS feeds, social media, email, apps, syndication etc) - Is also part of search ecosystem - Is ‘interruptive’ - Is shareable - Can live “forever” - Encourages user engagement (commenting) - Publishers therefore can charge higher CPMs NEW ADVERTISING MODELS
  35. - Native advertising is a form of advertorial (2.0) or content marketing for the search & social era - We differentiate between “sponsored content” and “native advertising” - Ethics are key: commercial vs editorial to be clearly delineated to maintain credibility - New ethical dilemmas arise: show sponsored during share etc? NEW ADVERTISING MODELS
  36. Glimpse of content & news in the future. Hint: it will not be on your phone or in a browser
  37. OUT THERE IT WILL BE
  38. Will media publish traffic & weather info on their websites ...or the roads?
  39. THANK YOU TWITTER: @matthewbuckland EMAIL: matthew@creativespark.co.za
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