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media consultancy

Stevens & Tate

Targetmarketingmag.com takes a look at the strength of a marriage between print and digital marketing by way of QR codes, MS Tags, geographically personalized URLs (geoPURLs) and stronger Web portals that transform print content into interactive online experiences. While many brands indicate that they plan to reduce newspaper advertising in the coming years, the article points out that newspaper inserts continue to be one of the most influential channels impacting consumer buying decisions, with, surprisingly, 47% of Gen Y and 61% of Gen X rely on newspaper inserts for shopping research. By considering newspaper inserts—enhanced with a QR Code, MS Tag or geoPURL —the traditional print channels can make an impression on these digital-savvy groups – MediaBuyerPlanner.com

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Dan Gartlan

Newspaper advertising is the leading advertising medium cited by consumers in planning, shopping and making purchasing decisions, according to data from a Frank N. Magid Associates survey of 2,500 adults. The findings, announced today by the Newspaper Association of America, paint a strong picture of the unmatched value newspaper advertising continues to deliver in today’s media landscape. “This important new research reaffirms the power of newspaper advertising to engage consumers and drive them to take action,” said NAA President and CEO John Sturm. “More than all other media, adults continue to turn to newspapers to inform shopping decisions that lead to purchases. They are an opt-in media in an opt-out world, making newspaper advertising an ideal and effective choice for advertisers who want to reach consumers ready to shop and spend.” Read the rest of this entry »

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An email article sent by 94.7 WLS-FM discusses how essential digital media is in reaching Baby Boomers…

Boomers’ lives are going in many different directions, as empty-nesters, step-parents, grandparents and caregivers. For all of these roles, the Internet and digital media are absolutely essential.

eMarketer estimates 78.2% of this cohort is online, nearly 60 million adults. Even as their numbers decline, that penetration rate will remain high through 2015. And they control more than $2 trillion in annual spending.

“The baby boomers grew up being chased by marketers and advertisers that tailored products and brands to appeal to them,” said Lisa E. Phillips, eMarketer senior analyst and author of the new report, “Digital Lives of Boomers: Reaching Them Online.” “Now the median age of this cohort is 55, and many boomers feel as if they have dropped off many marketers’ radar.”

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The internet is consuming ever more of our waking moments, claims a recent AdAge article, not to mention ever more ad spending, but that doesn’t mean that traditional media is the loser. At least not when “traditional media” means TV. They go on to say that according to the latest research from eMarketer, advertisers are spending more than ever on the broadcast networks and cable, around $60.5 billion on commercial time this year, making TV the richest media segment, with 39.1% of all ad spending, up from 38.6% in 2010. The research firm attributes the share growth to the “recovering economy,” but also found the industry is expanding at the expense of other media, specifically newspapers and magazines, and to some degree the internet. Read the rest of this entry »

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Mark Beebe

Advertising is changing at the speed of Apple releasing another version of the iPhone. It is changing everyday and each day brings another set of facts.

Let me share some of these facts with you:

  • 20 billion dollars were spent in adverting in the United States in 2009.
  • 32% of U.S. smartphone users paid to use social media services last quarter 2009.
  • Apple sold Three Million iPads in 80 days.
  • United States newspaper ads declined 22% in 2009
  • Internet ads are to reach 147 billion globally by 2012
  • 276.9 million Americans used email in August 2009
  • 57% of Americans watch TV and surf the Internet simultaneously
  • 115 billion was spent on travel in 2009
  • 63 million US Households to pay bills online by 2014

Can you feel the trends? Can you see what is happening with just nine facts? How consumers are reached with advertising far differs than where it was just a year ago. And let’s face it, keeping up is impossible. Twitter, Facebook, LinkedIn, Tivo, Smartphones, digital billboards, streaming sites, blogs, interactive communities, Slingbox, Google, Yahoo, Direct Sites, Ad networks, Xbox, Digital Radio and the list goes on for pages. Targeting your audience has become a science and knowing what that “social group” is doing is the reason most companies are looking for marketing experts in every field. Advertising companies have just become popular again because creativity is king again.

So how are you incorporating your brand within your sectors of media purchasing? Are you touching your audience the most effective way? Today and tomorrow brings us more targeted marketing than ever before because of all the facets to chose from.

Let me give you an example of this. Imagine your product needs to be sold to 13-16 year old boys who are enthusiastic about using your product. You are third against your competition and you know that 19 million twelve-year olds will be turning thirteen next year. How do you reach them? The product is skateboards.

One approach to hitting this demographic is producing a poster they want to hang in their room which could be a direct mail opportunity with a contest on Facebook. With the poster idea comes a t-shirt giveaway, which begins a viral campaign. Be the first to approach an app that showcases your boards and some great videos of past champions using them which is placed on YouTube. Offer this as a free download for three weeks only to get your audience talking. Flickr would show stills of airborne skateboards pushing your logo while your sales force is out meeting with the store owners and having skateboard giveaways at each location.

Depending on your budget or your return on investment, develop or partner to highlight skateboarding with Xbox and a Playstation game. This will escalate your brand into the outer orbits if done correctly. If you don’t believe me, check out stats for RockBand and what it has done for Aerosmith. Actually forget the stats, ask any 14 year old to sing some Aerosmith songs. That alone is proof.

So now you need to focus on where 13-16 year olds hang out. Movie theaters, malls, concerts, and of course their form of communication is texting. So why not text them about your boards, or incorporate your boards into a movie, and of course, do you open up your own chain of stores to sell the boards direct? Vans did build stores in order to sell their own shoes which is still going. Same principles for Apple.

As you can see, the ideas are endless, but seriously what are you doing to move your product or brand? You might want to consider an agency if you don’t already have one because today’s buys aren’t what our parents were seeing or buying.

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S&T Media

On the heels of an over 2-year decline, magazine ad revenues and ad pages
showed growth in the second quarter of 2010. This is good news for the print
advertising
industry which experienced the greatest losses of all media
during the recession.

Second quarter revenue rose nearly 6% to $5.2 billion. Ad pages grew
marginally, up only .8%. Still, both measurements were strong on a
year-over-year basis. Some of the growth was fueled by growth in the
automotive and financial categories.

The leaders in ad page gains were ESPN The Magazine, Real Simple, The
Atlantic and Fast Company, all targeting middle-to-upper income readers.

While the summer months are forecasted to see continued growth, a successful
year will be determined during fourth quarter. If the recession dips again
and consumer spending holds tight for the holidays, 2010 may not be as
healthy as we are hoping.

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Dan Gartlan

Everyone in business today feels the need to do more with less; fewer people and smaller budgets. Sure, it’s 2010 and things were supposed to be better by now, but many marketing professionals are still adjusting and cutting advertising spending.

Many of the prospects we speak with are dealing with this by cutting across the board. All channels are reduced to get to the “new budget number.” It seems fair to your advertising partners. All your reps — the radio lady, your trade publication guy and the direct mail house — understand that you’re doing what you have to do. And they feel they are getting their share of your budget. “We’ll get through this together.”

This is a perfect example of pandering, or gratifying others at your company’s expense. Webster online defines pandering as: “to act as a pander; especially : to provide gratification for others’ desires.” And when it comes to getting the most out of a lower ad budget, smart marketers know that this is not the way to get results.

Instead, successful companies are rebuilding their advertising plans from the ground up, bucket by bucket. Tracking results, surveying customers and adjusting each bucket of spending based on one thing: what is working today. Smart marketers understand that they don’t need every type of media in their plan, just because their competition is there. They stick to what is performing best for them right now.

So how can you get started? Shifting your spending strategy to meet your new budget needs does take some calculated risk. You may need to completely empty some buckets in order to afford to increase others, and it may take some trial and error to get the balance just right.

After reviewing your results, I strongly recommend determining your media lead generator and investing more in that media. Also consider completely cutting out a media that is just “somewhere you feel you have to be”, despite it giving you low trackable results. Continue to track and review results before making your next move to shift spend between your buckets.
Over time your plan will move toward a solid performance model and you will see improvement across the board.

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