This is an interesting change of heart for the “King of Automation” -
Megan Garber / Nieman Journalism Lab:
This is an interesting change of heart for the “King of Automation” -
Megan Garber / Nieman Journalism Lab:
Posted in Uncategorized
Reading about P&G’s online content strategy (http://adage.com/article/mediaworks/p-g-adds-custom-content-lineup-federated-program/229042/) and got to thinking about Brands, online content, and how the changes afoot in digital media will blur the line between “Brands” and “Publishers”.
Used to be pretty simple – big Brands like P&G would look to publishers who had attractive audiences to carry their ads so they could drive sales. This was a three constituent system: Brand, Publisher, and Consumer. While the Brands really wanted to get directly to the consumer, the Publishers had the largest collection of consumers (audience) and could demand premiums (CPM’s) for advertising.
Brands are starting to figure out that they can speak directly to their target audience if they create, acquire, or curate content that is interesting. By doing this, Brands become publishers themselves and their “content” is in a sense advertising. The difference is that this becomes a two constituent model and is potentially far more cost effective for the Brands. The flip side of this coin is that Brands can also get their “content” out to audiences in new ways. Rather than P&G buying ad space to promote Crest tooth past on Web MD, they now can create content about good dental hygiene or perhaps foods that really stain your teeth and promote the consumption of that content on sites across the Web. Is this “content” or “advertising? Is P&G a “Brand/Advertiser” or “Publisher”? — Yes.
The lines defining traditional advertising models from publishing models are disappearing. All that is required to support this changing ecosystem is a platform that makes it simple to acquire the right content and/or to promote the consumption of this content at scale across the Web.
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