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In Other Industry News Today April 27, 2009

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By Mark Blei compiled by various sources.

Drugmakers move more to online April 27, 2009

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I was perusing an article today in Modern Medicine when the following paragraph caught my eye.

“Recent data shows an ROI of five to one for online DTC because online ads are better targeted than print or TV. The Internet audience is as big as the TV audience and still growing, while TV is shrinking. Consumers are moving online and advertisers have to follow them. Pharma is relatively late to the game and lags other sectors in online DTC.”

Neat Huh?

Want to find out more about making your Pharma online campaign work for you? Contact us at 212-844-37oo. Tell them you saw it here.

Read The whole story—>DTC ad spending decreased last year

Accounts on the move Via Media Posts Accounts on the move April 27, 2009

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Home Depot
Initiative
Incumbent Initiative was awarded Home Depot’s media account and also picked up digital chores, previously handled by Digitas. The agency bested Mindshare, Carat and Zenith Optimedia for the win. The account is valued at $600 million.

UPS
In Review
UPS placed its global advertising account, estimated at $150 million, in review. The Martin Agency currently handles the domestic portion of the account and will participate in the review.

Sands Casino Resort
Horizon Media
Horizon Media was tapped to handle media planning, buying and marketing counsel for Sands Casino Resort in Bethlehem, Pennsylvania.

Ace Hardware
In Review
Ace Hardware placed creative chores on its $50 million account in review. Mars Advertising currently handles the work.

Ashley Furniture HomeStores
Zimmerman
Ashley Furniture HomeStores awarded creative and media duties on its $50 million advertising account to Zimmerman.

T. Marzetti Company
Empower MediaMarketing
Empower MediaMarketing has been assigned media planning, buying, digital strategy, creative and Web site development chores for T. Marzetti Company, the specialty food division of Lancaster Colony Corporation. Media was previously handled in-house.

Mediapost is a great place to get industry information see their web page at Mediapost.com or just subscribe to Accounts on the Move

Clip or Click? NeuroFocus Study Shows Online Coupons Top Print in Effectiveness — But Adding a New Branded Element Reverses the Results April 27, 2009

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Brainwave-Based Research Reveals First-Ever Analysis of How Consumers Respond to Coupons at the Deep Subconscious Level

BERKELEY, Calif.–BUSINESS WIRE–As the economy drives millions more consumers to use coupons, and online coupon sites report record traffic, manufacturers and retailers seek to know: which is more effective, print or web-based versions?

NeuroFocus, the world’s leading neuromarketing company, announced the results of the first research that examines consumer responses to coupons at the deep subconscious level of the brain. The findings carry significant implications for marketers as coupon use accelerates across many demographics.

NeuroFocus’ study analyzed consumers’ brainwave activity and combined those findings with eye tracking and galvanic skin response measurements to arrive at results that reveal how print and online coupons fared in three primary neurological measurements:

Key Neurological Metrics:

Attention

Emotional Engagement

Memory Retention

And three additional Market Performance Indicator metrics derived from the KNM’s:

Market Performance Indicators:

Purchase Intent

Novelty

Awareness

Overall Findings:

Online coupons have significantly stronger potential appeal to consumers than print coupons

The research shows that across the board, the online version of a coupon outperformed the print version, by wide margins in almost every one of the neurometrics categories. Only in Memory Retention were the two coupon types close, and even there the online version still held a significant advantage.

Read the rest of this article HERE—>Clip or Click? NeuroFocus Study Shows Online Coupons Top Print in Effectiveness — But Adding a New Branded Element Reverses the Results<

Google tops the BrandZ Top 100 for the third year in a row April 27, 2009

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You know you have a successful brand when your market share dominates the category. Another good indicator of success is when your brand’s name becomes a verb. A third way to demonstrate brand prowess is to top the BrandZ Most Valuable Global Brands ranking three years in a row. Now Google can say, “Been there,

Read The Rest—>Google tops the BrandZ Top 100 for the third year in a row

BrandZ Top 100 Most Valuable Brands: Predicting the winners April 21, 2009

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The fourth annual BrandZ Top 100 Most Valuable Brands ranking will be released on Wednesday, April 29. The BrandZ Top 100 is the first and only ranking that combines solid consumer research with publicly available financial data. While the results are embargoed until the official release, recent events have caused me to wonder which brands might rise in the ranking compared to last year.

Topping the ranking last year was Google. While it was the subject of much comment on blogs, Google’s preeminence was hardly a surprising result. A large proportion of Google’s advertising revenue derives from the strong but intangible emotional connection that users have with the brand. This connection keeps them coming back to use Google time after time. In BrandZ terminology, a high proportion of people around the world are “Bonded” to Google. They trust Google to find them the information they need. They appreciate it and think it is better than the alternatives.

READ THE REST OF THIS POST HERE->

BrandZ Top 100 Most Valuable Brands: Predicting the winners

Dynamic Logic in iMedia April 21, 2009

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Filling in the mobile measurement gaps
By: Jennifer Okula

Click-through rates, SMS subscribers, widget/application interaction time, mobile video downloads, game plays — these are no doubt good metrics for determining the success of a mobile marketing campaign. However, advertisers could be in jeopardy of making some of the same mistakes that were made in the early days of online advertising, when click-through seemed like the fast answer to ROI. In the current economic environment, it is increasingly important to measure the value of every marketing dollar spent.

The mobile medium can and should be viewed as a brand-building platform, just as TV, print, and the internet have proven to be time and again. This is especially the case for mobile today, given that there is still little clutter and users are still curious and engaged. Newly released normative benchmarking data across 34 Dynamic Logic mobile ad effectiveness studies shows that WAP banner ads can increase traditional brand metrics such as brand awareness and purchase intent.

Full Article at http://www.imediaconnection.com

Industry Buzz & Snippets: 04/21/09 – MarketingVOX April 21, 2009

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Industry Buzz & Snippets: 04/21/09 – MarketingVOX
Marketing Vox is a great source for industry news and newsletters subscribe by clicking HERE

Ad Networks and Analytics:

Biz Buzz:

Campaigns of Note:

Overseas:

Publishing:

Search:

Social Networks:

Digg to Microsoft: Thanks, We'll Take it From Here – MarketingVOX April 21, 2009

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Digg to Microsoft: Thanks, We’ll Take it From Here – MarketingVOX
also read more on this CNET report.

Does Content Matter? April 21, 2009

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Does Content Matter? By Josh Chasin via MediaPost 04/15/2009