Allow me to rant about YouTube for a few minutes. I consume a lot of media via YouTube. I’m insatiably curious. I watch all kinds of media from all kinds of publishers from all over the world. Maybe you do too.
YouTube is sort of like TV, but worse in its use of advertising. TV has gotten bad; in fact, it is a shambles because they lost the narrative. Like many others, I cut the cord. Instead, I’m paying more for 4 or 5 different streaming services. The programming tends to be better overall. The user experience is not convenient. I want to pay less, have better programming and greater convenience.
TV used to have them on convenience, everything they offer all in one place, minus the pay walls. YouTube is convenient. I’m talking about the allegedly free version, but the user experience is horrible. Some of the content posted for free by its creators is awesome. Most of it is crap, but I get to choose what I watch and find programming I value and enjoy. The options are far greater and geekier than any traditional TV programming.
There is a more organic relationship on television between show creators, advertisers and the networks. They’re all in on the gag together. The use of advertising on YouTube is a vulgar onslaught, a cold, ill-timed smack in the face.
The internet serves up great ads and the worst dreck I’ve ever seen. Your perfectly executed idea is surrounded by crap. Rarely is any of it delivered with respect for the programming or the audience. It’s a race to the bottom.
The ad servers have control and have no issue slapping you upside the head with an ad right in the middle of an extremely poignant moment. It may be a powerful interview, artist portrait, great musical performance, film, cutting edge news broadcast, you name it; but the robots and the people that built them do not give a damn about the quality of the experience.
There are no gentle hand-offs between programming and advertising. It’s hideous. I find it so annoying that it makes me dislike the brands involved. Advertisers beware, you are turning off your potential customers because the ad servers that you pay to deliver impressions don’t really care about you or your customers.
The system is gamed against us both. Advertisers pay for impressions and the impression is, “go piss off.”
The latest trick of the platform is to have advertisers create short ads that the user is not allowed to skip. These ads are just as annoying. Recently, I noticed that it takes multiple taps on the skip button before it skips. Frustrating. I can’t skip fast enough and I’m not alone, and they know it.
Then there are the long form spots, the 15-minute variety. Some of these spots are longer than the programming. If you let these play the entire way through, you no longer remember the sentence or whatever, when the ad cut off your program. The people behind these platforms do not care about your brand, about your potential customers, or your sales. They only care about their sales; not about the negative impression they are fomenting about your brand.
When programming, networks and advertisers work together to create a quality experience everyone benefits. This is the power of the traditional broadcast model. It’s not too late to fix it, to get back to delivering a quality experience. The broadcast networks need to fight back with better programming. YouTube needs to go to school. Netflix is now entering the fray with the “free version.” Perhaps they’ll do a better job.
In the meantime, we’re all paying the price.
What was true during the American Revolution is still true today and applies equally well to the media. Better together.
The hyperbolic segmentation of media is a landscape of diminishing returns. With some notable exceptions, media performance reviews leave more questions than answers.
The ideal scenario is one of ever improving ROI as refinements are made, not only in the creative, but critically in the media buy. To optimize results also means lowering costs.
Media technology companies have extraordinary ability to target and segment audiences and should generate strong results. At least that’s the goal. Conversely, too much segmentation can drive up costs, reduce ROI and add to the confusion.
Media-tech is very good but, in their ambition to drive their technology forward they have lost the thread. Media strategists and buyers have a tough challenge to untangle the gordian knot. Brands deserve optimized ROI, not more ways to spend money on media.
The right media mix is not a kitchen junk drawer of guess work. The right mix more closely resemble a well-organized silverware drawer.
Too often, media cannot explain itself and the default is to start faulting the creative work. It may indeed deserve the criticism, but it should not be the first place we look for improvement.
Here’s why, media spread sheets look like certainty but just as often, turn out to be an inexplicable hot mess. All you need do is ask a few probing questions. Don’t take my word for it.
Before the creative ever hit the media, it has been developed with audience insight and research and goes out into the world with some earned confidence.
Thanks to vast segmentation and targeting, media today needs to be considered within the discipline of direct response. Direct response methodology would employ control and test groups to refine the mix and optimize results to a final plan. Then, with incremental decisions, make adjustments with A/B splits of media and creative to achieve optimization.
This approach at first appears more costly but in the long run achieves optimization with assurance. Quarterly readouts of media performance are insufficient for the dynamic nature of media today. Monthly readouts in context of a rolling 30-day strategic plan that seeks optimization and learning offer brands increased efficiency and confidence.
If done correctly, ROI modeling utilizes segmentation as a tool and not an end in itself.
Smart Brand Managers are forever scrutinizing the value they are gaining from their agencies.
The ad industry is forever trying to accurately respond to the old quip, attributed to John Wannamaker, “Half of the money I spend on advertising is wasted; the trouble is I don’t know which half.”
Recently, Marc Pritchard of Unilever announced their “People First” initiative. As stated in CampaignLive; “a structure in which talent from roster agencies across holding groups are brought together under one roof to service the FMCG giant’s North American fabric care business.”
This is a client doing everything he can to unlock value from these relationships for his brands. Multiple agencies, multiple brands, massive media spend, redundancy and not enough of a payoff; or at least that’s what we can infer from the directive.
I don’t know Marc Pritchard, but really appreciate his efforts not to throw the baby out with the bath water. In the article he talks about bringing all the various agency creative together as a new model effort to find value by uniting the agencies in one collaborative effort.
I’ve run huge global brand development sessions with agency partners and client brand teams from all over the world. The largest initiative included participants from 16 countries. The approach can work miracles in ideation and equally important in getting everyone on the same page. Getting everyone on the same page with a big brand idea requires great talent in the room, a hugely collaborative effort, and egos left behind.
Believe it or not, it is rarely the creatives who do not play well with others.
The minute the big idea is agreed, it’s the agency business leads who start tearing at the budget like lions on a kill. Unless a client is willing to address the budget and compensation in an equally unilateral manner, it is very tough to make the collaboration stick.
I’ve worked on both Unilever and P&G brands and these are smart people with massive resources and still they are struggling to realize the promised value in the age of “new media.”
A big culprit is the industries’ addiction to its own hype.
The ad industry did not invent Google, or Facebook or any of the other super creative things that are reshaping the world; all we do is figure out how to monetize these things to our advantage and now clients are finally asking; How do all these exciting pieces of content you create make me money and build my brand? Clearly there is benefit; but how much return is in that investment? Spending less on creative and eliminating this redundancy is helpful to a brand if all the collaboration works out; but this is a client-driven attempt to solve an industry problem. We need to get better; showing and proving our value in context of the media and not just the execution itself.
Possibly one of the worst things to have happened in the advertising industry is when media was cleaved off from the agencies and became independent. It is not a matter of church and state; it is a matter of execution of ideas, and ideas cannot be separated from the media that gives voice to their expression.
Blockchain could save the media environment for brands. There has been much written about how blockchain might result in greater transparency in media buying and tracking. If it all works as conceived, it will also be a boon for content creators, enabling direct engagement with audiences and direct payment too. This has the potential to put more leverage back on the side of creators like musicians, film makers, photographers, writers and journalists too. The early interest in NFT’s point to success. Time will tell.
Blockchain has potential to minimize fake news and level set social media.
This is particularly important for brands. Of course, the success of any given blockchain at minimizing fake news will entirely depend on the integrity of its creators and managers. It could just as easily be used to legitimize fake news and fake news sources.
For legacy media outlets, with legitimate journalistic integrity, like the NY Times, fake news is rarely, if ever, an issue. Ads served in this context are elevated by the integrity of the enterprise.
In social media, brands end up in the unchecked context of the user; uncorroborated reporting, fabricated events and misinformation.
Corroborated reporting is a hallmark of journalistic integrity.
Blockchain has the potential to force down a governance of integrity through corroboration and help social platforms maintain social integrity. In effect, this would give brand managers and media buyers leverage, insight and security.
This would also reward journalistic integrity of the blockchain with greater ad volume and minimize fake news, slowly choking off its source of income. Fake news has become a game that is undermining our culture. Advertisers on social platforms have an obligation to uphold the integrity of media environments because there is so much at risk.
Fake news is a not just a race to the bottom, it is the bottom.