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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[ Publishers Weekly | 2014-03-21 00:00:00 UTC ]
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Driving the Content Industry Forward: Digital Publishing in Korea 2014

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[ Publishers Weekly | 2014-03-21 00:00:00 UTC ]
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Digital Ad Growth About to Offset Print Decline

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[ Editor & Publisher | 2014-03-05 00:00:00 UTC ]
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Times Co. Reports Digital Subscriber Increase, but Continued Ad Declines

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[ Editor & Publisher | 2014-02-06 00:00:00 UTC ]
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How Facebook's Mobile Ad Network Could (Finally) Upend A Backwards Industry

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[ Fast Company | 2014-01-25 00:00:00 UTC ]
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Digital Book World 2014: An Industry Transformed

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[ Publishers Weekly | 2014-01-17 00:00:00 UTC ]
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Study: Booze Industry Breaks its Own Underage Ad Rules

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[ Advertising Age | 2013-11-08 00:00:00 UTC ]
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[ Advertising Age | 2013-10-24 00:00:00 UTC ]
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Times gains digital subscribers, but ad sales drop

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[ Crains New York | 2013-08-01 00:00:00 UTC ]
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[ AdWeek | 2013-04-15 00:00:00 UTC ]
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[ Editor & Publisher | 2013-01-18 00:00:00 UTC ]
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Publishing Executive Survey Shows Industry Settling into Digital

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[ Publishing Perspectives | 2013-01-16 00:00:00 UTC ]
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[ Folio Magazine | 2012-02-09 00:00:00 UTC ]
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[ Folio Magazine | 2012-01-20 00:00:00 UTC ]
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[ Folio Magazine | 2011-12-08 00:00:00 UTC ]
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[ The Bookseller | 2011-11-08 00:00:00 UTC ]
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[ Folio Magazine | 2011-02-22 00:00:00 UTC ]
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[ Advertising Age | 2016-01-26 00:00:00 UTC ]
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