OK - dodgy title I know (and will probably do bugger all for search traffic) but anyway, this week I was asked to right a couple of paragraphs on my opinion on the role of data in today's media climate. So I thought I'd share.
Media use, habits and diets have been changing steadily for several years – ‘Media stacking’, the Internet, e-mail, mobile phones, and so on. Unsurprisingly, changes in consumer behaviour have followed. As Bob Liodice (President and CEO of the Association of National Advertisers) confirms, “It’s no longer a matter of if consumers change their behaviour, but how fast and whether we can keep up.” Never has understanding the consumer been so important.
Today the customer journey may not be any longer than it was 10 years ago, but it is has certainly become much more random and harder to follow. Our traditional ‘funnel’ has become a snakes and ladders board.
Luckily, the increased use of digital technology has created a magnifying effect allowing us observe what consumers are thinking, experiencing and doing relative to the buying process with greater clarity and granularity than ever before. We now have access to real time information about what people search for, buy and how they make their purchase decisions. Facts, figures, likes, dislikes and so on. The value of data has increased tenfold*, if not more.
However, this data, unless it is harnessed, will remain nothing more than facts, figures, likes and dislikes.
Despite this changing landscape the basic principle of delivering the right message to the right people at the right time holds true. In today’s climate it is essential that we use this wealth of raw information to form real insights and a superior understanding of our consumers. Only then can we respond to what we’ve learned quickly and with a greater degree of relevance irrelevant of media.
We are no longer media-centric, but consumer-centric instead.
And there we go. Thoughts?
*Allen Adamson's new book BrandDigital was insightful on this
Friday, 10 October 2008
Veni Vidi Data-avi(?)
Tuesday, 24 June 2008
Public Service Narrrowcasting
Ofcom predicts that by 2012 100% of the UK will have digital multi-channel TV. Despite the current strength of commercial broadcasters such as Sky and Virgin this should actually be great news for Public Service Broadcasters (PSB). Niche channels for niche programmes designed for niche audiences, a real way to satisfy all tastes of our culturally and demographically varied population. Gone are the days of us young city folk liking or lumping the latest topical farming issue on the Archers. We’ll all head to the American version of the Apprentice on our channel instead.
To be fair, multi-channel TV has been around for a while now and there have been some real success stories, especially amongst the sports, movies and generic entertainment channels. But there have also been some losers, most notably the likes of science, nature, classical music and history (the clever stuff you might say). Sadly a nature programme on a nature channel will be lucky to get 1% of the audience it could have received on wide-ranging BBC2.
One could argue that this is natural selection, democracy working at its best, people voting with their index fingers. However, niche channelling is rather anti-PSB. According to Ofcom Public Service Broadcasting has a duty to:
- increase our understanding of the world
- stimulate our knowledge and learning
- reflect our UK cultural identity
- to ensure diversity and alternative viewpoints are represented
Its aim, and indeed its success, is based not just on audience size but also on its schedule range.
David Attenborough, writing for The Times, is in firm support pointing out that the role of PSB is to cater for the whole population, not segregate it – Broad-casting, not Narrow-casting. He supports this argument by suggesting that many people hold ‘allegiances’ with specific PSBs: “the notion that great numbers of people, tired after a hard day's work, come home and flip through 50-odd programme channels to decide what to view is, in fact, largely illusory.”
I’m with Attenborough on this one. As Cowper (the guy who did the “variety is the spice of life quote”) says “The earth was made so various, that the mind of desultory man, studious of change and pleased with novelty, might be divulged”. It is down to our PSBs to do this ‘divulging’ (after all, nearly all of us pay for them).
However, from an advertising perspective niche channels (whether fully commercial or part public), should be the way forward. Greater ability to target audiences, more tailored creative, better media positioning, less wastage, and so on. Yet this is often not the case, if only due to incompetent media buying. As a youngish, laddish, fan of witty banter I’m partial to a bit of Top Gear and Never Mind the Buzzcocks on ‘Dave – The Home of Witty Banter’. I’m less partial to the breast milk and tampon adverts in the breaks though.
Ultimately a wider variety of content can only be good for the consumer but the digital world is asking questions of Public Service Broadcasting and their offerings (note BBC tackling it head on with its iPlayer). As Petrarch said, “Sameness is the mother of disgust, variety the cure”. It will be interesting to see what the cure is in 2012.
