Monday, 14 February 2011

HOW TO JUDGE THE POWER OF ADVERTISING IN THE DIGITAL AGE

When I was in advertising the word on the street meant more to most of us than Millward Brown tracking studies did because the loudest word was the word of our knowing and, hopefully, envious peers. Now the word on the street includes everyone.  All the punters out there are our colleagues too.

Twitter and You Tube have instantly changed the game. Now everyone’s point of view counts and is counted. No event or conference is a proper conference without a constant Twitter flow. Ditto advertising campaigns...instant judgements are made.

What’s interesting is that these qualitative reactions are being weighed more carefully than the more ponderous quantitative stuff. Welcome back to the real world…and I’d feared the researchers had hijacked advertising. Here’s what the guys in the business are saying:-

"The dialogue around Super Bowl ads has changed--it literally used to happen at the water cooler, and now, the minute an amazing ad hits, the Twitter world goes crazy," says Tor Myhren, chief creative officer of Grey New York. "I personally believe the YouTube view count is the single most important factor in judging the success of a Super Bowl ad."

"It used to be that you'd watch the Super Bowl spots played on TV and in the news right after," says Jill Beraud, chief marketing officer of PepsiCo, which monitors chatter on Facebook and Twitter to measure an ad's success. "Now, the longevity of these Super Bowl spots is endless between YouTube and all the digital tools that are available."

Jason Peterson, chief creative officer at Euro RSCG's Chicago office, believes a Super Bowl hit is more than just YouTube views or Twitter tweets. The most successful ads, he says, will not just be watched again online, but be reimagined. In other words, they'll not only go viral--they'll become Internet memes.

"The next level is: How many parodies are you getting? How many people are getting off their asses, getting video cameras, and actually interacting with the work you put out there? Parodies, to me, are the biggest gauge of whether an advertisement is relevant with the market."

Interactive, engagement and really getting into it…this new world of marketing is getting more emotional and it works.

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