Mobile / Web Content and Advertising. The next big wave?
There's GoogTube, iTunes, Yahoo, Sprint, Verizon, T-Mobile, NTT Docomo, Vodafone, and literally thousands of "digital" outlets for mobile and web based content with hundreds more added weekly. In addition to the outlets, there are thousands of content sources from amateur providers, dynamic advertisers, and interactive games to syndicated content from the major networks and studios and more!
So what does this really mean to advertisers, content developers, studios, and distributors not to mention technology vendors who deliver, track, monetize and manage all of this? Big money! Yes, big bucks both in revenue to the content owners and providers as well as the cost in actually delivering this new trend in content and advertising. Let's face it, having the technology infrastructure as well as rights to the content is not cheap. Nor is it effective to attempt such a play without a solid strategy that takes all of this into play. Fortunately, the cost to repurpose or develop interactive marketing and advertising content is reasonably affordable.
The cost to repurpose existing content for web and mobile is also reasonably affordable compared to the cost of movie making or MFT (Made For Television) productions. So why then are so many advertisers, network studios, web portals and mobile providers jumping on this new band wagon? Well, according to recent industry analysis, the mobile television market could be a global market worth as much as $27 billion by 2010. That's not too shabby. The really interesting point here is that with advertisers, studios, and service providers clamoring to reach consumers, a new vehicle is at hand the can totally proliferate a consumer’s world. Think about it, the ability to target and reach a consumer on TV, Radio, Web, and Mobile Phone has very strong appeal and demonstrable ROI. Add to this the ability to leverage technology to deliver targeted and integrated marketing and advertising messages to all of these outlets offers marketers, advertisers, studios, brand owners and others the ability to deliver their message or content in a completely immersed environment driving greater effectiveness in their efforts, marketing and advertising. Not to mention open up new revenue streams via this medium.
Let's take the fact that 500 million new wireless connections have been made globally in the past year. That's 500 MILLION new customers that can be reached in a multitude of ways with a multitude of content and advertising offerings. The key as in all things, is building an effective and comprehensive strategy that takes into consideration the following: Branding, Messaging, Content, Pricing, Demographics, Focus, Monetization vs. Brand Support, and most importantly the technology infrastructure or services needed to ensure your digital content and advertising strategy is effective. It takes a full team effort to put an effective offering or campaign in place to truly deliver compelling content, advertising and marketing not to mention ROI and revenue.
So what does this really mean for those of us in marketing, advertising, brand ownership and content development? Complication for sure. Frustration maybe, technology head aches, yup, but certainly a dynamic, sustainable and exciting new "market place" in which to deliver our message, content and advertising. The ability to leverage technology to reach consumers in a way we have never been able to do before. That my friends, is exciting! The fact that both global and local advertisers/brand owners, marketers, content authors, studios, and more now have a medium in which the playing field has been leveled thus allowing all players an affordable chance to reach a global market place or simply more effectively reach their consumers. Pretty cool huh?
Remember, the digital consumer has more choices today than any other consumer in the history of man kind. This means more opportunities for advertisers, marketers, studios, etc. to deliver their message, reinforce their brand, more options to repurpose and monetize content and more money for all involved. Except perhaps the consumer. But who cares about them. They get more choices!
- DF
To learn more about the digital marketplace or how to synergistically blend interactive technology with creative branding, advertising, marketing and creative content development, visit www.dfmginteractive.com
