What Telcos Can Teach the Digital Ad Industry About Convergence

The convergence of digital and linear business models and operations may be the hottest and most important strategic topic in the digital ad business today. Certainly, it is changing how major stakeholders -- publishers and media properties, brands, advertisers and agencies -- view the industry's immediate-term growth horizons and the longer-term outlook. Major, long-term disruptions appear inevitable.Digital publishers see convergence as a way to tap into the much larger budgets associated with traditional brand advertising and to give their advertisers fuller visibility and broader reach into and across all segments. That is a potentially huge advantage, though considerable work is required to gain it. A relevant historical precedent -- the telecom industry in the mid- to late-1990s -- provides four lessons for digital media and publishing organizations sorting through the implications of convergence:1. Rethink the offerings. Consider how local phone service and long distance -- mainstay products for decades -- were suddenly secondary to wireless, internet and video offerings. Yes, these new products were mostly logical additions to the portfolio (they were all about connectivity and communications). But they came with significantly different customer expectations and pricing structures. They also presented unprecedented opportunity to increase revenue and build stronger customer relationships. Continue reading at AdAge.com Continue reading at 'Advertising Age'

[ Advertising Age | 2015-11-23 00:00:00 UTC ]
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[ Advertising Age | 2022-09-22 09:30:00 UTC ]
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Publishing Industry Sales Rose by $3 Billion in 2021

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[ Publishers Weekly | 2022-09-16 04:00:00 UTC ]
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Meet Alex Aster, The TikToker Changing The Publishing Industry For The Better

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[ HuffPost | 2022-09-15 09:45:12 UTC ]
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How the 1954 Brown decision still influences today’s teaching ranks

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[ The Christian Science Monitor | 2022-09-12 20:54:48 UTC ]
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Best of 2000 AD Proves Why the Comics Are Classic

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[ Wired | 2022-09-02 11:00:00 UTC ]
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Is the Publishing Industry Broken?

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[ Publishers Weekly | 2022-09-02 04:00:00 UTC ]
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[ Engadget | 2022-09-01 12:34:02 UTC ]
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Why Publishing Sitcoms Help Me Maintain Hope and Humor for the Future of the Industry

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Media Briefing: What Axios’ sale says about the valuation of digital media companies

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Media measurement uncertainty—tracking TV, social and digital

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News Corp almost doubles its profits on back of digital advertising and subscribers

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[ The Guardian | 2022-08-08 23:21:18 UTC ]
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Antitrust trial puts book publishing industry in the dock

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American Publishers’ StatShot: US Industry Down 3.7 Percent in May

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Media Briefing: A snapshot of the digital media economy at the start of earnings season

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National and regional news publisher says Ukraine war coverage is turning off brands. Continue reading at Media Week

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Nielsen Expands YouTube Measurement With Four-Screen Ad Deduplication

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What The Umbrella Academy Can Teach Us About Inclusive Storytelling

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StatShot: US Industry Down 12.6 Percent in April; 2.3 Percent Year-to-Date

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[ Publishing Perspectives | 2022-07-11 17:32:26 UTC ]
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Industry Sales Fell 12.6% in April

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