A blog on issues affecting Australia's newsagents, media and small business generally. More ...

Day: October 8, 2005

“Advertising is becoming like a tsunami”

“Advertising is becoming digital, personal and controllable,” said Peter Sealey, the former chief marketing officer of Coca-Cola Co. and now CEO of Los Altos Group Inc. “These three trends are like a tsunami sweeping away our historical model.”

From AdAge.com reporting prior to the Association of National Advertisers annual conference commencing this weekend.

Yesterday I posted this from John Battelle:

Battelle: Search has created a new attachment point for marketing. Marketers are used to the idea of attaching their messaging to content. For example, if you want to speak to women age 34 to 54, you need to buy your media and attach it to, say, “Oprah.” This is how magazines work, this is how television and radio work, this is how most Web sites work.

Search has created something that I call “intent attached marketing.” You’re not buying content attachment, you’re buying attachment to the intent as declared by a consumer. So if I’m interested in a Chrysler minivan, I go to Google and enter “Chrysler minivan. The sponsored link at the top of the search results page is Chrysler.com. And on the right-hand side are top Chrysler prices from CarPriceSecrets and CarMax, among other sites.

The point here is that I declare my intent into this engine, and the engine then organizes content for me. But the marketing is not attached to the content; the marketing is driven by the intent. It’s a shift in how marketing works. And it’s making publishers very nervous.

0 likes
Uncategorized

Kudos and a complaint for the Herald Sun

Kudos to the Herald Sun for their Phar Lap poster promotion today. Giving away a poster of this champion racehorse reinforces the newspaper’s connect at the start of the Spring Racing Carnival in Melbourne. Well Done. Customers loved it.

hs-webpage.JPG

Brickbats to the people selling space at the Herald Sun website. They are promoting (above) Tattersalls online – a direct competitor to the in store Tattersalls business operated by newsagents. Newspaper publishers need newsagents to maintain and or grow sales. The fewer who visit newsagencies the fewer newspapers they will sell. So why promote an online business pulling people away from newsagencies? Nuts.

0 likes
Newsagency challenges

Women’s Weekly sales of 85 in two hours

aww.gif
Women’s Weekly, like any high volume magazine, experiences rapid sales decay from the date of launch. Today was the second weekend of the current issue and we would usually sell 2 or 3 copies. The problem was we had too much stock. Se we called in a spruiker, put a table at the front of the shop and offered a giveaway cookbook if they purchased Women’s Weekly. We sold 85 copies in 2 hours. The BONUS for us is that each customer joined our magazine club card promotion and started on their way to saving more off the cost of magazines in the future.

This is the type of sales building campaign which only a newsagent could do. The customers coming into our shop as a result of this promotion today browsed other magazines and our newspapers. Half purchased other product. Newsagencies are specialist retail outlets for newspapers and magazines and if suppliers more closely and purposefully nurtured them incremental sales could be achieved.

0 likes
magazines