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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[ AdWeek | 2024-04-25 12:00:00 UTC ]
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World Book Day: EU to Exclude Book Industry from Late Payment Regulations

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[ Publishing Perspectives | 2024-04-23 23:25:00 UTC ]
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OCLC Acquires CloudLibrary Digital Content Platform

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[ Publishers Weekly | 2024-04-02 04:00:00 UTC ]
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How Hearst Magazines is using its digital membership model to grow its e-commerce marketplace business 

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[ Digiday | 2024-03-27 04:01:00 UTC ]
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Piracy in Italy: Study Shows Book Industry Losing €705 Million Annually

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[ Publishing Perspectives | 2024-03-08 22:07:51 UTC ]
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How to save papers, photos, and analog music digitally

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[ PC World | 2024-03-08 14:00:00 UTC ]
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Publishing Industry Sales Were Flat in November

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[ Publishers Weekly | 2024-02-06 05:00:00 UTC ]
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How The Midst Taps Into the Midlife and Perimenopause Ad Market With She Media

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[ AdWeek | 2024-01-23 13:42:51 UTC ]
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AAP StatShot: US Industry Was Up 1.8 Percent in October

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[ Publishing Perspectives | 2024-01-09 20:42:57 UTC ]
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Publishing Industry Sales Rose 1.8% in October

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[ Publishers Weekly | 2024-01-09 05:00:00 UTC ]
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