Two articles caught my eye earlier this week.
One was an AdAge article entitled “So Much for Engagement; Buys Are Still Based on Eyes”. It talked about a recent study by Advertiser Perceptions. Marketers and media buyers are looking to spend more and more dollars online. That’s because their first and foremost metric is reach - and that’s were people are going today. Online. But they see it more as a results oriented medium and are not doing it for engagement purposes as they don’t perceive that the online is good for engagement. This study was based on a survey of 2047 marketers and their media buyers.
The second one was a press release of a report put out by the Chief Marketing Officer (CMO) Council. It described how measurable ROI is becoming an increasingly important factor for marketers as they transform dollars online. Accountabilty is of prime importance as marketers look to measure the value of the programs they’ve created and the investments they’ve made. A result of this trend in 2007 was the relative high turnover of the agencies used - ad, web design, and PR - to carry out these programs. The reasons for the severing of relationships was often tied into “lack of innovation” and “no value-added thinking”. Hmm…
5 Comments » Posted on January 18th, 2008 by Jonathan Trenn
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