What's hot in digital?

Last Wednesday we held a joint seminar with our partners, Jack Media London, on the latest developments in the world of digital media. Hosted by our own Mike Colling, speakers included Ed French from GDM Media, Matt Bush from Google and Rupert Staines from Radium One covering a range of subject areas from the growth of RTB to the importance of video and mobile in your media mix to the prominence of sharing on the open web. Our colleague, Jon Morgan, at Jack Media has produced a great summary of the sessions and we can think of no better way of telling you about the event than by referring you to his blog! If you'd like further information about the day or any of the subject areas covered, please contact Ian Prager on 020-7307 6119 or at ian@mcand.co.uk

Insights and etiquette: making money from social media

Two incontrovertible facts in social media. Firstly there are enough eyeballs spending enough time on it that any other media owner would have monetized them. And secondly (as Facebook share price indicates) to date they haven’t been. To our minds it’s a matter of etiquette. Something, that really hasn’t been formalized as yet online, but is beginning to emerge. We think of Facebook as being your friendly local pub. You hang out with your mates and chat. And just as one wouldn’t want advertising over a pint with mates, one doesn’t want it in one’s virtual pub. But this being the data rich online world in which we live, we can take and use the insights that chat creates. We can take the subjects being chatted about, and the network of individuals chatting, and use that data to target them outside of the “pub”. Social media insights, applied to web wide display advertising. It’s a group you know are interested in your product or service, even if they haven’t been to your website yet. Proper behaviour from advertisers, but leveraging real consumer behaviour. And do we like the results! Mike Colling Managing Director

Giving to charity is down - it might be a good thing

Yesterday saw the publication of a survey from the Charities Aid Foundation into the state of charitable giving in the UK. Total giving is down by 20% year on year, or by circa £1.7 bn. CAF see this as “deeply worrying”. We are not sure we agree. We work with 20 of the brightest and best charities in the UK. Almost without exception results to donor recruitment and donor appeals are up year on year. So if some of the sector are stable or up, some must be down by way more than 20%. And that also seems to be true. In some of the cases we have seen coming to us results have been down by up to 50%. And it makes sense to us. Donors are consumers. And in the rest of their lives they are looking for better value. Why shouldn’t that be true of their charitable giving as well? In this year more than ever before consumers are prepared to switch brands in search of better value. That is obviously good news for any organization wanting to grow their donor base, and capable of expressing a coherent case for support. We would also argue that it’s good news for the sector as a whole. Flabby fundraisers who cannot demonstrate the value of their cause and the impact their fundraising generates damage the credibility of all. Not all organizations have a God given right to survive. So maybe, if your results aren’t up this year, instead of saying “that’s 20% ahead of the sector” maybe you should ask “where else have those donors I could have recruited gone?” Mike Colling Managing Director

One media owner or many?

We are currently addressing a challenge for a new client, with an old problem:- How do they launch into the UK market with a limited budget and maximize both consumer impact and hard (sales) returns? 30 years ago the solution would have been buy media from one media owner, probably ITV. A single spot would have reached 50% of almost any target audience. Over the last 30 years, however, we have lived through the greatest proliferation and fragmentation of media opportunities in history. And media planning solutions have reflected this with schedules becoming more and more complex, adding more channels and media owners. The IPA effectiveness datamine casts an interesting insight here - the latest results show that the most effective campaigns are using 8 or more media channels. So I was fascinated to be part of the team that has created a different solution this week - focusing budget on a single media owner, rather than spreading expenditure across multiple opportunities. The client was initially sceptical, as was I! But this solution reached more of our audience, was more cost effective, and provided a more apposite environment for the messaging than a typical multichannel schedule. Now to be honest, this solution is only possible because of the changing nature of media owners. 30 years ago a media owner was defined by a single channel. ITV were TV broadcasters. The Sun was a daily newspaper. For the larger media owners today that is no longer the case. With one deal we can now encompass print, video, data, and multiple platforms from paper to PC. These single media owner deals have much to recommend them:- •they address what is actually a single community, united around content, that happens to be distributed across several platforms •they move what is otherwise a commodity media buy to an aligned media partnership, with both sides working together rather than in combat for share and rate •they reduce the clutter in the communication planners’ and clients’ minds, allowing focus of the most valuable resource of all - intellectual effort - and improving significantly the return on that investment. How the wheel turns! Mike Colling Managing Director