Archive for the ‘B2B’ Category

The next player in B2B social media?

Just Media, Inc’s Media Planner, Cristina Lehman, recently joined the Pinterest social networking site and offers her thoughts on this new and exclusive player in the online social world.

“I just recently discovered Pinterest and a couple weeks ago, I finally got my invite to join (yes, it’s invite only!).  If you haven’t used or heard of Pinterest, it’s a really cool social networking site where users create boards and “pin” or post interesting photos from different websites or by uploading their own photos.  The boards can be categorized by topic and then other people can comment on each photo.  It was one of the top ten most visited social sites in 2011!  Right now I see it as more of a B2C social site, but eventually, I can see it moving towards B2B as it gains in popularity.”

“Per this article on mashable.com (http://mashable.com/2012/01/10/pinterest-business-consumer-engagement/), there are a couple of ways that brands can utilize Pinterest to their advantage.  I thought two of these would be a great way to interact with customers: “New product approval” and “display various sectors of a company”. 

The first, new product approval, can be used as a pseudo-focus group.  I think this is a great way for companies to introduce a product in the early stages and see how consumers react to it by how many “pins” and “repins” they get.  They can also monitor comments on what they post. 

The second, displaying various sectors of a company, would be a great way to showcase a company – its products, people and company culture - and that would help build awareness and further interest in a company.  The article goes into further detail about these two and other ways to utilize Pinterest.  I personally love this site and have never really been this into other social sites.  It’s a great way to categorize things that you like and find new things you never would have known about.”

Be ready for the next evolution in online buying!

Have you heard of Online Trading Desks or DSP? If you are not deep in the online industry, then chances are you have not. It is the next evolution in online media buying and if you or your agency have not begun to test this new method, then you are already lagging behind the marketplace in access to critically important inventory. 

 

So, what is it? Basically, a DSP is a method for gaining access to the high volumes of remnant or unsold inventory that almost every site has in abundance. The difference is that rather than being sold on a commodity basis via a network, it’s purchased on a bidding model enabling every impression on sale to be priced at the true value rather than an artificially created one.

 

At Just Media, Inc., we have recently started testing a trading desk for small portions of media buys. Initially, we have principally been using it for retargeting, but now we are also using the desk for audience specific segments and the results have been fascinating. CPM’s are being drastically reduced, but most importantly, minimum buys are eliminated; allowing quick testing of different filters. It’s fast, efficient and driven by data. It learns too… dynamically optimizing buys to the key call to actions our campaigns require.

 

This technology might not change every media buy we do, but it has the potential to impact on many  strategies and make targeting the long tail of media even more productive and controllable. Yes, it’s one more vehicle that you should expect your agency to employ, but one very worthy of testing and refining right now.

 

For more information on how a trading desk might be right for your campaigns or simply to learn more do not hesitate to reach out.

 

Dick Reed, CEO

Just Media, Inc.

ceo@justmedia.com

Are your campaigns becoming one dimensional?

With the recent announcement from Ziff Davis Enterprise that they will be closing their remaining print titles (including eWeek and CIO Insight), the IT tech industry will again lose vital print life-blood in its media support system.

On the face of it, it really should not matter. IT professionals exist across hundreds of websites and can be reached through a plethora of different media channels. With the introduction of new social networks and media devices like iPads and Android smart phones, those channels increase every day.

But the reality is much more serious for marketers. Only a few years ago an IT professional was almost guaranteed to see your advertising if you placed it in a few key publications. Reach numbers were in the 80%+ range simply because an advert in a magazine had the potential to reach every single reader. In addition, it would continue to perform when that magazine was passed around the department. One ad reached hundreds of thousands (if not millions) of individuals.

Now if an advertisement runs on a website, typical share of voice numbers are minimal at best. Even when share of voice is high, with highly targeted media buys, the result is very few individual eyeballs and pretty much zero chance for passes on to others. Don’t believe me? Try and find your ad on a site. You either end up looking on just a few key site pages (home page, section page; so no depth to your reach) or you have to hit refresh a dozen or more times.

With this in mind what do we suggest for our clients? Firstly, don’t consider the web as the sole avenue to the audience. Recent studies of business professionals by Readex Research once again confirms the high reliance on print by the audience. With this in mind, find ways to carve out a slice of your budget to add depth to the media plan by including a mix of old and new media. Mix print at one end with web in the middle and a sprinkling of mobile at the other… mix it up a bit and be daring (by going old school!).

This multi-dimensional campaign strategy works. Our own campaign performance research proves that a business or an IT audience that sees a campaign across multiple media formats is more influenced by it, has better recall of it and will have a greater understanding of the message which it contains; and yes, eventually mobile content will continue to be a more viable delivery platform for your message. Just don’t think that the print workhorse is ready to be put out to pasture… because if you do you might just wish you had worked it that little bit harder while it was still there.

Dick Reed, CEO, Just Media, Inc.

A View from The Top: Past, Present, Future. ‘Live!’

To celebrate Just Media’s 15 years of successful business in California, we recently hosted a day of thought leadership and discussion: A View From The Top – Past, Present, Future; featuring key CEO’s, decision makers and industry leaders, who discussed their thoughts on the evolution of media and the ever changing and challenging world of IT marketing.

Video of the four sessions is now available through our technology partner BrightTALK™ and by clicking the following links you will be able to access the full sessions from the live event.

A VIEW FROM THE TOP – PAST, PRESENT, FUTURE
Senior executives from agencies, media organizations and clients came together for a stimulating morning of discussion focusing on the ever changing and challenging world of IT marketing.

Session 1: Looking Back And Looking Forward
Steve Weitzner, CEO, Ziff Davis Enterprise
Dick Reed, CEO, Just Media, Inc.

Dick and Steve discuss how the IT media publisher and agency have had to adapt and evolve over the years to address the changes in the media landscape and continue to best service both the IT audience and tech marketing client.

Session 2: Leveraging Brand Value
Josh Kahn, VP, Private Cloud Marketing, EMC
Marlene Williamson, VP, Global Marketing, Hitachi Global Storage Technologies
David Appelbaum, CMO, Act-On Software

Josh, Marlene and David discuss the challenges and opportunities that exist for tech companies to really leverage maximum value from their brand.

Session 3: Content Is King, But Distribution Is Key
Tony Uphoff, CEO, UBM TechWeb
Val-Pierre Genton, VP, Business Development, BrightTALK™

Tony and Val discuss the importance of generating great content and the issues and challenges with getting that content to the audience, given the ever more distributed communications channels.

Session 4: Social Media And The IT Professional
Matt Sweeney, CRO, Geeknet
Roger Warner, MD, Content & Motion
Sarah du Heaume, Founder, Just Media, Inc.

Sarah, Matt and Roger explore what it takes to build and manage successful social media environments specifically created for IT professionals.

You will need to register with BrightTALK™ in order to view the content.

We hope you enjoy the video discussion and find it stimulating and relevant. Please don’t hesitate to contact Just Media with any comments or questions or if you would like to learn more about Just Media and our services. As always, we welcome your feedback.

Analyzing 2010 Tech Marketing Spending Patterns

If, like me, you enjoy trying to get under the hood of the ad campaigns that we see from other technology marketers, then I am sure you will find this latest Just Media, Inc. report, 2010 Technology Advertising Spending, fascinating. In it we take a look at a sample of the ad spend numbers from 2010 for some of the industry’s leading advertisers. The numbers are enlightening in many ways – not least because we can see how different companies mix their media spend and get an insight into both general communications strategy and some specific tactics. They also provide an insight into the relation between revenues and advertising spend; always a useful comparison for internal discussions regarding budgets.

These numbers are obviously for the major vendors, but if you have an interest in your nearest competitor’s spending patterns then please let us know. We will be happy to see what we can research and offer our own insight into what they might be doing and why (and how you can best counter that with your own smart media investments).

If you do want to take advantage of this free opportunity, just email me with your company name and that of your three nearest competitors. If we find anything interesting in the current data you know we will be in touch immediately!

Dick Reed, CEO

Join Us For a Live Webcast on Online Display Advertising

Measuring the true value of online display media value has always been a unique challenge. There is now some fascinating new data that should be of tremendous value to any online marketing advocate. Presented initially last week, at the Direct Marketing Association luncheon, alongside CBS Interactive (Techrepublic, CNET and ZDnet brands), this data will open your eyes to new ways of thinking about the true impact of your online media spend. If you were unable to attend the live panel launch in person, CBSi will be hosting a Webcast discussion on April 14 to review the research. The details are below. I certainly hope you can register for this event. It’s fascinating stuff.

Live Webcast: Online Display Advertising: Its Quantified Effect on Organic Down Funnel Activity
Join us for this LIVE Event on:
Thursday, April 14, 2011
4:00 PM ET / 1:00 PM PT / 8:00 PM GMT

One of the long-standing challenges with online display advertising is the ability to quantify its direct impact, not only brand awareness, but also further down the funnel where it matters most. Fortunately, recent research reveals compelling and quantifiable evidence that demonstrates the overall effectiveness of online display media for awareness, consideration and engagement as well as sales. The key is understanding what it means and how to take advantage.

Join this live and interactive Webcast, featuring CBS Interactive Vice President and Group Publisher for B2B, Wayne Silverman, CBS Interactive Business Intelligence expert Matthew Sweer, and a special introduction with Just Media, Inc., CEO Dick Reed, to learn more about the groundbreaking results of this research and what it means to your business.
• Hear about real-world examples and proprietary insights from business intelligence experts
• See quantifiable analysis of the effectiveness of online display media on the sales funnel
• Discover the up-funnel targeting impact on down-funnel behavior and sales
Online display advertising works and now there’s quantifiable evidence to prove it. Don’t miss this exclusive Webcast from CBS Interactive.

Please click here to register for this live webcast:
Register for this event today

Dick Reed, CEO

Direct Marketing Association of Northern California Luncheon

Our CEO, Dick Reed, will be the guest speaker at the DMA’s luncheon on March 31st, 2011, introducing CBSi’s white paper: B2B Online Display Advertising – Exclusive Research on Improving Measurement.

B2B ONLINE DISPLAY ADVERTISING:
Exclusive Research on Improving Measurement

Presented by CBS Interactive (CNET, ZDNet, TechRepublic)

Speakers:
Ladan Nafissi ‒ Director Business Intelligence ‒ CBS Interactive
Wayne Silverman ‒ VP Sales & Group Publisher ‒ CBS Interactive
Dick Reed ‒ CEO ‒ Just Media

What is the best way to measure productivity of B2B online display advertising when 95% of buyers do not click on display ads and 95% of those who click do not buy? Perhaps the wrong things are being measured.

Join us Thursday, March 31, 2011 for a luncheon presentation on exclusive research conducted by CBS Interactive (CNET, ZDNet, TechRepublic) to measure exposure levels of online display advertising and resulting sales funnel behavior regardless of immediate click behavior. We will talk about challenges associated with measuring productivity of b2b online display advertising, and how to quantify sales lift.

WHAT YOU WILL LEARN:
•How advertising exposure correlates with sales funnel behavior
•Number of exposures that optimizes sales funnel behavior
•Quantitative verification of advertising exposure and sales lift

Register for this luncheon today

Upbeat agency forecasts for 2011

Good news for agencies: Already there’s clearly a very positive feel emerging for 2011. Indications are growing that Ad Spend will significantly increase for 2011, across many different platforms, but with online leading the way.

Just this week, AdweekMedia’s key editors have outlined their thoughts on likely activity for the coming year, with Noreen O’Leary predicting significant agency growth across the US and global markets:

“Even at a modest forecast of 3.7 percent (economic) growth next year, GroupM says the U.S. is expected to add $5 billion in new ad spending, more than China. Q3 corporate profits were at an all-time high, …that cash is being used to woo consumers.”

Seth Alpert, managing director, AdMedia Partners, adds that big marketers are shifting work from longtime network partners to smaller entities. “Clients, affected by what’s happened in the economy…have discovered they are being served in different and better ways.”

The full report from AdweekMedia is available here

Kate Maddox of B2B Magazine echoes the upbeat prediction: “Ad spending will be on the rise over the next three years, according to several recent forecasts by research firms and media agencies. They all predict growth in overall spending, led by Internet advertising. Last week, research firm eMarketer revised its forecast for U.S. online ad spending to $25.8 billion this year, an increase of 13.9% over last year. This is up from eMarketer’s May forecast of 10.8% growth in U.S. online ad spending for the year. Next year, online ad spending is expected to be up 10.5%, followed by double-digit growth every year through 2014, when spending will reach $40.5 billion.”

See B2B report here

iPad – already a valid media platform for B2B?

A couple of weeks ago the media team from Fortune Magazine came in to discuss the launch of their iPad app. During the presentation we played with the device and looked at existing apps from Wall Street Journal and Time Magazine. Both are excellent, very user friendly, highly interactive and offer a very pleasant user experience.

The view was universally held here that this could be another media platform game changer especially effecting print media and for B2B marketing in general. By next week every agency employee will be equipped with an iPad so we can get to know it intimately…but why the enthusiasm?

Well firstly the demographic of the adoption is very interesting. Just Media conducted a LinkedIn poll to assess the early adopter use of this device amongst the hard to reach “C Suite” audience. The results are extremely interesting and can be found here “Just Media iPad Poll”

In Summary 11% of C Suite executives claim to already own one and use it regularly while another 26% say they plan to get one. Pretty impressive stats.

Most interesting is that this skews more heavily towards C Suite executives in enterprise sized companies with adoption already at 27%.

Since other research we have seen to date point to this audience being the most avid consumers of print media and less inclined to consume content via the web, this adoption is even more startling. This perhaps illustrates the iPad’s most interesting feature as a media device – the fact it transcends both digital and print media formats….easily displaying content in a user friendly, portable and relaxed environment that simply is not the case with traditional internet sites on a laptop.

Is this playing out in reality – the answer is yes. Look at this week’s example. Wired has just launched an iPad app.  Apple announced they were naming it, “App of the Week,” on iTunes and, as of yesterday evening, WIRED has had 62,431 paid downloads.

 To provide some context to this number, within the first 5 days of being on-sale, the app has sold the equivalent of 76% of Wired’s average monthly newsstand sales. Additionally, based upon Apple’s disclosed sales of iPads, the app was downloaded and installed on roughly 3% of all iPad’s!

According to Mendelsson reaserch 20% of Wired’s print audience is C suite and the publication claims 72% hold a “Management” function it’s not hard to see a consistent pattern emerging here as regards the advantage of planning to use this device for B2B campaigns.

Finally let’s not loose sight of the advertising potential here. Fortune expect to mirror Time’s iPad ad format with up to ten pages of content and three imbedded video’s, all of which play in immaculate real time high quality versions. WSJ’s app shows some additional ad formats that are bold without being too intrusive and again offer nice interactivity. So far the ads are not distracting and the environments are uncluttered. In most cases the initial ad looks like the equivalent print ad which as we know has more impact than standard online banners.

So we have seen the future and it’s obvious that another media sea change is heading our way.

Social media in tech – where are we now…??

There continues to be lots of debate about social media and the role it should take within the marketing mix. It’s something I have spent many hours agonizing over, not least because I continue to wrestle with the role our agency should be playing in this space. At this time I’m still convinced this is primarily a client side component to the marketing mix and that the focus in tech marketing departments should be focused internally on resources before reaching out to the all too willing grabbing hands of the agency world!

Several recent conversations certainly seem to be confirming that this is the key direction in which clients need to be moving. These come from very respectable sources and combine to confirm where we are right now – aligned with thinking within some of the biggest brands:

Firstly at the recent panel discussion at the IDG Tech Marketing Dinner in SF (where I was thrilled to invited to join Pat McGoverns top table!) Rich Vancil of IDC declared that social media is not yet a fully fledged function of marketing – link here for more details of his excellent opinions. Thinking this was a controversial statement to kick things off I was pleasantly amazed to see the entire panel agree. Of particular interest were the panelists from Cisco, and Avaya, Paul Dunay - both clearly experts in the space and advocates for internalized solutions.

Secondly through a conversation at EMC World with John Conway, who manages the EMC social website strategy, I was delighted to hear him also say that the key issue with corporations is the need for them to be able trust the employees to actively represent the company. This is so true. Clearly advice must be given to employees about appropriate activity – particularly in such a very public environment – but at the end of the day we all have to trust our employees to positively and truthfully talk about the company they work for.

Finally this story  that appeared in Advertising Age which not only brought a smile to my face but I think offers a little insight into how this is handled by many of my competitors right now….

For more good information from peers I recommend the following link at B2B magazine where you can find some video content from a variety of vendor CMO’s.