4 posts categorized "Current Affairs"

January 28, 2010

The iPad and the Future of Print Media

The announcement this week of the iPad brings with it some mouthwatering possibilities for the further advancement of online video and video advertising in traditional print media.

The iPad is more portable than even the simplest notepad computer. It's a leisure device first and foremost, not a work tool. I think we will finally see streaming video move out of the home office and into the leisure experience. Browsing on the couch or in bed means that users coming across video will relate to it in a different way.

The iPad might introduce video advertising into leisure time as early adopters flick through apps while sipping on their coffee and eating breakfast. It just looks like a more accessible tool than a formal laptop.IPad

Part of the iPad’s strategy is to take on Amazon’s Kindle and other ereaders. With a comprehensive range of books and periodicals for sale from iTunes, there is a perfect opportunity to subsidize the cost to the reader of a magazine or newspaper subscription with the insertion of targeted video ads or at the very least video sidebars with extra information about a story and links to other upselling opportunities.

It’s not that these possibilities don’t already exist, it’s that the iPad is the first device in a long time with a good shot at changing the way we consume print media.

I’ve never been an Apple evangelist, but the thought of having all my magazine and newspaper subscriptions waiting for me in easy to browse apps makes this a very tempting proposition.

Am I overstating the fact? I’d love to hear what you think.

October 30, 2009

Online Video - A Medium In Flux

These days the only guarantee with online video is that what was true yesterday may not be true tomorrow. We are living in a period of rapid evolution where little remains the same for long.

A couple of articles caught my eye this week, because they reported facts which seemed to run counter to everything that we thought we knew until now.

First up was Jacqui Cheng writing in ars technica on the decline in P2P filesharing as online video streaming continues to grow. It seems like only yesterday when th No. 1 topic of geek conversation was the overwhelming percentage of internet traffic that was taken up by BitTorrent. According to the 2009 Global Broadband Report published by Sandvine "real-time entertainment traffic (video and audio streaming, Flash media, peercasting, placeshifting) accounts for 26.6 per cent of total traffic in 2009, up from 12.6 per cent in 2008." In the same period filesharing has declined by 25 per cent as people move towards wanting their content "on demand".

Vod

The second article backing this trend up comes from the ever-reliable Media section of the Guardian Online with a report by Mark Sweney on the viewing habits of Virgin Media's VoD customers. The article quotes Virgin Media boss, Neil Berkett, when he says that his customers spend more time watching VoD than they do with mainstream terrestrial UK channels Channel 4 and Channel Five. Again this runs contrary to previous thinking that VoD was a niche service that would not find the support from advertisers necessary to make it stick.

Streaming video is more popular and mainstream than ever as people are more selective about what they want and when they want it. Watch this space.

October 22, 2009

The Message Or The Medium

The BBC's political panel show Question Time celebrated its 30th anniversary in September of this year. The format has remained mostly unchanged in that time with a chairman fielding questions from a live audience before a panel of invited guests usually representing each of the three major political parties in the UK and a journalist or representative of one of the smaller political parties.

The show, and the BBC, has attracted considerable criticism for extending an invitation for tonight’s live broadcast to Nick Griffin. In July of this year, Griffin was democratically elected to the European Parliament where he represents the British National Party (BNP) a far right party whose members have at various times made remarks that were anti-Semitic, anti-Islam, homophobic, in support of Holocaust denial and against mixed-race relationships. While Griffin has tried publicly to tone down some of the less-palatable aspects of his party’s manifesto, there is no denying the party’s (and his) roots in the murky world of British fascism.

Question time

Prior to broadcast, the debate has centered on whether or not Griffin should have been invited. Some people question whether the BBC, a state-funded broadcast company, should give a platform to a man whom many consider to be an unrepentant racist. The response of the BBC, until now, has been that it is merely the medium and that it would be wrong for the corporation to control the message. I don’t want to delve further into the ethics of this situation, but I do want to think about this distinction.

We know that online video increases engagement for the visitors to your site. We know that the more video they watch, the more likely they are to continue along the conversion path you have built for them. An engaged visitor is a contented visitor and is more likely to download, register or purchase.

My question today is how important is the medium and how important is the message? Is it enough to embed today’s most popular video on YouTube within your landing page to entertain your visitors? How big should such a video be? Could you turn the entire page into a screening room for the funniest clips and hope that prolonged exposure to such fare will cause them to click the download button out of sheer gratitude? In presenting the medium, how much responsibility will you take for the message?

Coming from the other side, should you prepare a video that delivers the right message clearly and articulately, hitting each of your marketing beats and presenting an overwhelming case for people to continue towards conversion and then use an clunky generic player to host it? Do you want someone else’s ads to appear on the player during and after your precision targeted pitch?

In other words, how should you divide your attention between the information you are trying to get across and the method you employ for doing so?

In the case of tonight’s Question Time, the BBC may be able to claim that they are doing nothing wrong, merely broadcasting someone else’s opinion. On your own website, you probably need to focus on the message just as much as the medium. Either one of them can negatively impact your site’s effectiveness, while doing them both well can significantly increase your conversion rate.

July 02, 2009

Chris Anderson, Malcolm Gladwell, Seth Godin And Me

Chris Anderson started it. Not content with being the inspiration for a million tedious PowerPoint slides with his concept/article/book The Long Tail, Mr. Anderson has turned another of his coffee-break notions into a best-selling book.Free

The book is titled Free: The Future Of A Radical Price. I haven’t read it yet although it’s on order from Amazon (at the not-radical price of $not-free). Based on the wealth of information surrounding the book’s launch, Anderson seems to be making the point that you can make a lot of money in business by giving things away for free. It’s an interesting hypothesis and I’m looking forward to all 288 pages of explanation and qualification.

In the meantime, Malcolm Gladwell reviewed the book for The New Yorker and laid into Anderson and his idea. Gladwell was particularly upset over Anderson’s vision for the future of journalism, hardly surprising given Gladwell’s (and, to be fair, Anderson’s) primary source of income.

Then Seth Godin weighed in with a post titled simply “Malcolm is Wrong” and it all kicked off.

For my part the whole argument is kind of academic although I can’t help noticing that none of the people arguing whether or not ‘things’ should be free actually make ‘things’ (ideas and opinions are not 'things' and the market for them has always been volatile). The discussion of whether or not the output of serious journalistic endeavors should be free is entirely spurious. The business of newspapers has never been news. The business of newspapers is selling advertising. A competitive market that drives down the price point for subscription all the way to free in order to sell more advertising is not in the slightest bit radical (sorry, Mr. Anderson) or even unusual. It’s business.

It strikes me reading Gladwell’s petulant review that he doesn’t understand the business he's in. No wonder he’s so upset.

One of the joys of working with EyeView’s broad range of customers is that each of them comes to us with a clear understanding of their business. They know exactly what income streams are important and they build their business models to support them.

Once the hoo-hah dies down, and the debate over Free has subsided, our customers will still be looking for new ways to boost conversion and increase revenue. If that means giving stuff away for free, so be it, but that’s just one weapon in the marketer’s arsenal and hardly a revolutionary one.

Do you understand your business and do you think the idea of free is radical?