traditional media vs digital media

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Page 1: Traditional Media vs Digital Media

This document is offered compliments of BSP Media Group. www.bspmediagroup.com

All rights reserved.

Page 2: Traditional Media vs Digital Media

Asked whether the Internet displaces other media, most respondents said it did, with the bulk reporting a decline in their consumption of newspapers and magazines. A sizeable 45% of respondents said they

watched less television and 28% said they listened to less radio because they had Internet access. Nearly 60% of those surveyed said they found advertisements on websites most relevant, followed by social networks

(36%). DMMA Commissioned Report for September 2013

Traditional Media –vs- Digital Media

Page 3: Traditional Media vs Digital Media

Research by MandLoys indicates that 70% of those onliine want to learn about a company or a product through content…..Old models just are not working…7 out of 10 pre-rolls (online version of a commercial) are

skipped and people rarely click on banners by choice. Google’s user behaviour defined search may be a bit scary, but it works.

Give people what they want when and where they want it

Fitting a Square Peg Into A Round Hole

Page 4: Traditional Media vs Digital Media

Where do you get your daily news and updates? People’s attention is becoming more fragmented and more niche.

Market Fragmentation

Page 5: Traditional Media vs Digital Media

1. Affordable internet enabled devices 2. Affordable data (connectivity)

3. Ubiquitous Payment Mechanisms 4. Trusted Delivery Mechanisms

5. Relevant Content

There are 5 things needed to foster a healthy digital commerce

Page 6: Traditional Media vs Digital Media

What is relevant content?

• 600 word article?

• Banner Ads?

• Irrelevant Product Placements?

• Consistently goading me to download Candy Crush Saga as I play my Word for Friends?,

Or

• Curated content in line with my interests

• Articles or stories that extend my knowledge of whatever is catching my attention at the moment

• Showing me what my friends and fellow Twitterers, FB users feel about you and or your brand?

• Should you tell me what matters to me or have smart ways of confirming what I tell you matters?

Page 7: Traditional Media vs Digital Media

Our viewing / reading habits

• Facebook now has 9.4 million active users in South Africa • SA’s number one genre is soap opera, and by an extraordinary

margin “Of all TV viewing in 2012, 36.7% of it was devoted to soapies.

• 1.215 million viewers per soap – Biggest is Generations with 7,5 million viewers

• Twitter has grown a whopping 129% in the last 12 months, from 2.4-million to 5.5-million

• Photo-sharing app Instagram has proved a huge hit with social media users, exploding from below 100 000 a year ago to 680 000 in August 2013

• Overall, 71% of respondents across the 24 countries reported using social networks for an average of 3.6 hours per day.

Page 8: Traditional Media vs Digital Media
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Why aren’t content producers responding?

Clearly Content Consumption is Changing

Page 10: Traditional Media vs Digital Media

The advertising story…

Page 11: Traditional Media vs Digital Media

Define Advertising

A form of marketing communication used to encourage, persuade or manipulate an audience to take or continue to

take some action

Page 12: Traditional Media vs Digital Media

Native advertising is a web advertising method in which the advertiser attempts to gain attention by providing content in the context of the

user's experience. Native ad formats match both the form and the function of the user experience in which it is placed.

Define Native Advertising

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STEP 1 Visit our website and create your own Mimiboard

Page 17: Traditional Media vs Digital Media

STEP 2 Add your selected content by

authorising your social media channels

Page 18: Traditional Media vs Digital Media

STEP 3 Add your selected content and adverts to your board

Share the code with your web developers

Page 19: Traditional Media vs Digital Media

STEP 4 Enjoy your new Mimiboard on your

site or on publishers sites

Page 20: Traditional Media vs Digital Media

Stephen A. Newton [email protected]

+27(0)781952251 Twitter: @smanla

Skype: Stephen.Armond