A presentation on the future opportunities in media, turning threats into insights into opportunities.

The presentation future media – no more middle men, is an accumulation of a range of relevant thoughts from this blog, put into system.

It’s built as a master slide set (to pick and sort from), but I tried to ad some structure to it by identifying six major “forces” affecting media, and then a short final chapter summarizing a suggested future mindset.

I’ve also chosen to ad a lot of the explanatory text – not just the headlines – into the slides this time, hopefully this will create more context for the people reading the thing online.

Find individual slides available for download under a CC license on my flickr.com account everything new is dangerous.

Find the presentation below, or on my slideshare account slideshare.net/helgetenno.

Adding digital components to increase the engagement in and value created from a TV event, means thinking outside the obvious Facebook chat integration, the PC, online, and even the TV event itself.

In a recent study by Kaiser on the trends of American youth, shared by JWT on their Intelligence blog, there are numbers stating the increase in multitasking while enjoying other mediums (TV, Radio, Computer). No surprise, but the interesting point is what kind of medium they are multitasking with.

Multitasking is the wrong word here, as the brain can’t possibly do two things at the same time. The correct description would be “switching focus”. As stated by the America Scientist: “psychologists know that multitasking involves switching rapidly between tasks rather than actually performing multiple tasks simultaneously.” JWT has decided to dub the trend Distraction as Entertainment. (But I am having a hard time finding any good articles on their definition.)

From the report:

“…almost half of kids (47 percent) report texting someone ‘often’ or ‘sometimes’ about what they are watching on TV—an activity that was almost unheard of five years ago.”

The device people were using together with TV is their mobile phone, up to half the kids are using it to keep in touch with friends and exchange ideas in this context.

This is interesting, with almost one in two kids talking with their friends about what they are watching on TV, and using the telephone – not a desktop/PC based social networking application – inspires to think about two things:

1. The Laptop + TV living room idea is great, but the potential in Mobile+TV might be even bigger. To be frank, the popular TV-event + Facebook chat integration really isn’t that impressive, and seems more like a “lack of imagination band-aid”.

2. Sending SMS is just a choice in regards to the goal of their communication – it’s simple, cheap or free and communicates short exchanges beautifully. Which means that we should be able to introduce new concepts based on a solid understanding of the context itself, low technological barriers and great rewards.

In my personal experience with games, it’s not the national or big games that create the best engagement; it’s the local ones. And not “local” in the geographical sense, but in a social sense, were one engages an existing group of friends. This is not because friends play more with friends online in comparison to with strangers, but because it enables the real-life dimension. Where the game does not exist exclusively online, but creates a form of social worth (a value defined by Jenkins) that ignites exchanges when the group meets socially in real-life. It becomes a valuable currency even when the game is not played. Something to talk about and share, at school, work or other gatherings outside the computer.

Using the game, not to play it online, but in order to share an experience that brings value both to their digital and real worlds (even though it’s the same place), it is the strongest enabler.

As JWT rounds of their blog post:

“Content creators can turn this trend to their advantage by layering a multitude of media into entertainment, producing an immersive experience designed for simultaneous consumption and engagement.”

And I would ad, that it’s when media, and especially TV, not only plays on what’s happening and created inside media, but also plays on the activities, dimensions and social groups that exists outside media – and with additional ideas and activities outside simultaneous – it becomes really powerful.

To sum it up; its when the layering (as JWT defines it) not only includes media but also includes a real world component, includes the idea of the engagement branching of and existing outside the TV time slot, and adding a local, social dimension, things become interesting. And even though the PC/Laptop is a brilliant tool, the mobile phone might be a better instrument in this context.

Three projects, that all bring different but interesting aspects into this line of thinking; Parking Wars, MTV Backchannel and Fantasy premiere League. (unfortunatley I can’t find any examples with mobile)

And of course, this does not only apply to TV events, but all events. As events are like products; an invitation to become a part of something valuable…

Social media is not social media. Facebook is an operating system, not a destination. Digital is not a set of silos, its an eco-system of solutions and ideas.

When the term Web 2.0 got replaced by Social Media the landscape started filling with experts (brilliant people) on dialog and participation. Which is great, but to an extent we seemed to narrow these ideas to a limited set of outlets, to be found inside the artificial category called social media platforms.

But there is something about participation, connecting and making things that seems so much bigger. And coupled with the notion that the communication world pre-Internet might not have been the century long standard, but just the result of a recent set of devices introduced to the market, which had changed the way we communicate for a shorter term.

These devices (broadcasting devices) have been affecting how we as humans communicate, but now the Internet is bringing us back to the way it used to be – more human like.

This idea might be completely idiotic, or absolutely true. And if its the latter, then there is no social media silo. And participation, connecting and making things need to be de-siloed, and we need to start combining them with everything (including broadcasting) to a much larger, intrinsic degree.

The focus here is on intrinsic.

Not more so have I seen evidence of this than from this brilliant presentation by David Gauntlett, who in the first half of the video below combines the effect of modern devices on human communication (and more) with philosophers like Illich and Morris.

And it is absolutely brilliant. Go visit makingisconnecting.org for more.

(video found via JohannesKleske)

After publishing the slideshow Seven actionable marketing trends about a month ago, I asked if there was an interest in an expanded version of the slideshow. Elaborating on each trend and including some references and quotes from the insights behind them.

Unfortunately it has taken me some time to put this together, and I do apologize for the delay. But now the deck has been published via slideshare.net.

I would like to state that the goal of the document is not to work as a coherent presentation, but rather using the slideshare format to comprise and present a collection of valuable ideas that I felt was/is relevant in regards to each trend.

I hope you find the presentation useful, and that there are stuff/slides in there that proves to be inspirational.

As always, if there are any questions or comments, please contact me and I will do my best to reply.

Also, find most of the individual slides available under CC license on flickr:
http://www.flickr.com/photos/everythingnewisdangerous

Find the presentation below, or here:

Online advertising will change fundamentally during the next year to four years. The reason is more unexpected, and with larger consequences, than anticipated.

I’ve written previously on how both the competition to the online ad product (ie. earned media) and our citizens’ change in online behavior should be forcing online media to innovate its advertising and marketing products. Now it seems these symptoms where only the tip of the iceberg: a change in the fundamental business model of the media industry.

In 2009 media has been failing, and it’s failing fast. All hands are on deck and the ability to think disruptively, not only incrementally, has invited people to rethink the whole structure of their business model. This will affect their income strategies and the companies sponsoring these income strategies.

In other words: online advertising is changing, because the media business model is changing.

This is the case I’m trying to make:
Media has been stuck for some time, but the scalability of the online advertising real estate, and the enormous market has kept the ball rolling. Not sensing that the drive for traffic and the drive for more ad space lessened the editorial product and made the media brands invisible.

As Kristin Skogen Lund, CEO of Aftenposten, one of the biggest newspapers in Norway said at a talk last week:

- ”We’ve been to identical, bought cheap traffic at a cost to our brand for to many years.” - Kristin Skogen Lund, CEO, Aftenposten

Scott Karp, editor of the Publishing 2.0 blog ads another argument:

“most newspaper websites sell SPACE for commodity advertising — display ads and classifieds — and thus are hard pressed to compete with ad networks that specialize in selling commodity ad space by the megaton” – Scott Karp, Publishing 2.0

The result is that the display advertising model works just fine for media buyers, but for brands they are receiving a decreasing amount of effect – and compared with the effect from earned media the investment at times can seem as a complete waste. At the same time media companies have brought a knife to a gunfight, they are competing against the networks, a game they can’t win, and are destroying their most valuable possession – their brand – along the way.

So something has got to change!

An incentive for change:
Two important facts where laid out by Skogen Lund at a conference last week:

- Only 5%
Skogen Lund stated that Aftenposten’s online revenue only represented 5% of their total revenue. Scott Karp confirms this as representative for the whole industry:

“That’s why the newspaper industry is worth about $60 billion offline but only $3 billion online — they only have about 5% of the pricing power that they did when there was only a finite amount of space in for printing ads.” – Scott Karp, Publishing 2.0

Online advertising in it’s current form is not a big revenue model for media companies, which would incentives innovation. If only one believed that online customers where better customers… Are people worse customers online? Hardly, FEED: The Razorfish Digital Brand Experience Report / 2009 states:

“Brands that use digital to drive awareness also drives sales: 64% of consumers report making a first purchase from a brand because of a digital experience” – FEED 09

So there is nothing wrong with the platform, there is nothing wrong with online, it’s how we’ve utilized it for advertising, and as a business model, that has been completely of the mark.

- Advertising decreasing, subscriptions increasing
A second interesting fact presented by Skogen Lund was a graph showing how advertising has represented a sharp decline in revenue, while subscriptions a sharp increase this last year. This at the same time as we are seeing niche newspapers, with strong brands and identifiable products, increasing their subscriptions in contrary to the mainstream newspapers which are declining. This tells us that there is an interest in a strong media product, and people are willing to pay for it.

My conclusion is this:
Media is a product (a membership), has always been a product and will continue to be a product. But somewhere along the way someone found that sponsoring it with advertising was a god idea. (Brilliant video for Norwegian readers to be found here (Thx. Freddy)). Which it was, to some extent. But the consequence was that the drive for traffic became more important than building a strong brand and a unique product.

Today when advertising sponsorship is failing as a business model, media has to start charging for something. But since they are left with a generic product it is impossible to charge for content that can be found for free ten other places.

(which is probably why Murdoch is shutting out Google, and also the argument of Mathias Dophner here. They want to protect it before they create it.)

So I anticipate that blood will continue to flow in the Media industry – because there is not enough money to finance all these institutions, and there is not enough strong brands to charge for their product.

Which leaves us with advertising: Advertising online will change because the media business model will change. Media brands seeing that they either don’t need to garbage their stories with competing stories, as Scott Karp says:

“advertising isn’t more valuable when placed next to premium content because display advertising has so LITTLE value to begin with. In fact, display advertising creates so little consumer value that it actually SUBTRACTS value from high quality editorial content when placed next it.”

Or because they find that people reading their publications are there because they get provided a value, and that brands in a lot of instances can co-produce this value. That NEW BRANDS are value creators, and that NEW MARKETING IDEAS are about creating additional value – not a competition between the attention of stories. And that this value, and a relationship built on trust between the media, the brand and the participant, will create a new, valuable, membership based content system.

That brands, as Forrester already has anticipated, will sponsor niche arenas where they can build direct relationships with their participants and members. What these arenas are, how large, small, niche or commercial, content, conversation or context based is completely up to our own imagination and creativity.

Mobile is at the forefront of representing a completely new way of thinking about marketing.

But in order to understand this we need to look beyond the SMS and the text voting, and start exploring the real potential of the platform.

Since the Mobile Abilities Map pdf, published two weeks ago, has received a great deal of interest. I thought it would be a good resource to readers if I collected and published my inspiration and ideas to each topic. Hopefully getting some inspirational juice flowing.

- I’ve added links to each resource on slides where this was possible.

I hope people appreciate the presentation, and continue sharing great links on their own blogs (and link back here) or in the comments section on this blog.

The relationship between media and social media is like the relationship between egg and eggplant: They share a couple of the same letters, but they are not in the same taxonomy.” – Kevin Slavin, Area/Code

This post is an exploration of a quote by Kevin Slavin from the Storytelling Throwdown panel at the CaT conference in 2009. The reason being that I find the comment so insightful and interesting I felt it deserved some increased attention. (video below)

Traditional media is a battle between stories. Where the reader, viewer or listener is already engaged in a story, the main story, the content. And the goal of the advertising is to create an even more interesting story so that the engagement switches focus. It’s a story competition.

In social media we are not engaging in stories, we are engaging in the exchange of ideas. Be that a conversation between friends, or the need to define ones identity or role in a group by sharing something. Social media is not a competition of stories, it’s a competition for the attention to each other.

In social media the relationships aren’t short, superficial, cliched or stereotypical, quite the opposite. People spend more and more time, delving deeper and deeper in into each other, connecting more and more.

This setting is very difficult to displace with storytelling in its conventional sense. What we need are narratives and systems that engage and work within this context of attention between people. Stories that accelerate or facilitate increased exchange of ideas, increased connections.

Our stories need to increase the social fabric between people, understanding the systems and drivers that come in to play when people connect to each other and help them continue strengthening their relationships.

“One way to think about it. It’s like the relationship between media and social media is like the relationship between egg and eggplant. They share just a couple of letters but they’re not in the same taxonomy. That it’s a fundamentally different experience.

And that it used to be when you where storytelling, that what you were competing for attention against where other stories. It’s sort of a story competition.

And the attention we are competing for now is the attention to each other.

That basically what we are doing during the day these days is spending more and more time, deeper and deeper connected to each other. And that’s very difficult to displace through storytelling in the conventional sense of storytelling. And I think its important to figure out how to think about narratives as systems that can engage that, and can sort of work within that type of attention rather than to pull away from that exclusively.”

- Kevin Slavin, Storytelling Throwdown at CaT

(I’m having trouble with displaying the video due to a security error, please find it here.)

Studying referring site traffic to some of our online campaigns from 2007 to 2009 a very interesting shift not only seems to be emerging, but is already well under way.

Back in 2007 almost every visitor was either sent via direct traffic, search or paid media. Today this picture has shifted dramatically. Today, earned media is becoming the main source of traffic to our sites. This presents some exhilarating consequences.

There are especially two interesting things about this:

- The first being the fact that it is not necessarily social media that is earned media. In 2008 most of the traffic to one of our biggest campaigns came from earned media sites with no social media components.

- The second is a point similar to one I tried to argue in the presentation Changing the Currency. That attention is becoming less important than value (or worth according to Jenkins). Because in the new marketing economy, where marketing moves from existing inside media channels to becoming an integrated part of our everyday lives. Our activities start relying more and more on people sharing our stuff with others, rather than noticing a display advert inside some form of media.

“Value transports much better in everyday life compared to attention. Nobody spreads stuff because they noticed it, They spread it because it’s meaningful and adoptable.”

The bottom line is this: If the stuff we are seeing with our campaigns is becoming the norm, not an inconsistency. If this isn’t just a social media thing, but a larger media thing. Then strategy and creativity in marketing should be more concerned with creating something of shareable worth, rather than stories that interrupt and generate attention. Because these stories wont spread, and if it doesn’t spread, then Jenkins might be completely right: it’s dead…

Graham Brown over at Mobile Youth just published a video sharing his ideas regarding Earned Media in a bigger context. A good format and a very recommended watch:

When attention and engagement becomes less important in advertising and marketing, things are going to get a whole lot healthier.

1. This, the last from a series of posts I’ve published during the last week questioning some of the terminology we use as advertisers and marketers. (narrative, content, individuals).

2. It’s an idea, and hopefully, during the next couple of weeks, I will be able to elaborate and present examples that prove my point: That the terminology we use needs to change if we are going to build better, healthier marketing in a new brand landscape. Where we are allowed access to peoples personal lives, and where positioning a brand means something completely different than telling a story about it.

The problem with attention is that it becomes a reference to quantity, not quality, often leading to success metrics’ related to time or clicks. Which bears little relevance to positioning the brand or product in any way. Brains don’t make their minds up based on how long or how much they engage with an activity, they build their impressions on quality not quantity. read more…. (Although, quantity has always been kind of a life west for bad communication).

The opportunity we get from thinking outside of attention and engagement is that it opens the advertising to a much healthier degree of brand and product positioning. Because we can say that the goal of the advertising is to create value, in a way that puts no demand on stealing time away from people, keeping people interested long enough to tell a full story, or limiting our marketing to those who are interested enough in our advertising to actually spend a lot of time with it.

As I’ve noted before to marketers: “People don’t care about your brand all the time, they care about it sometimes.”. We (the advertising business) need to keep in mind that people don’t care about advertising, at least not advertising the way we see it. And that making stuff interesting enough to create attention isn’t a decisive element of positioning.

Thinking outside attention and engagement also opens up the strategic and creative process for the new brand landscape, the Everyday Life, saying that the goal of any advertising or marketing activity is to create something valuable – without limitations on what form or format this will take. Be it a story, an exchange of ideas, an object or a utility etc..

If we remove the inherent need for time or narrative from the process – where would our ideas go?

- Let me use social media as an example. Our focus on attention and engagement frightens marketers as they see SM as something very time consuming, but this very seldom needs to be the case. SM presents a whole range of abilities that companies and organizations would find valuable outside the metric of attention and engagement: Authenticity, relevance and trust being some of them.

My question is simple. Even though attention and engagement have become simple buzzwords for labeling advertising, are they creating a useful reference for success? Or are they distorting the picture?

This last year has seen logarithmic changes in marketing, fueled by different concepts like Utilities, AR, The Collective Exchange of Ideas, Transmedia, Digital becoming ubiquitous, Mobility and more.

I have tried to be a part of some of these discussions online, and have as a result of other peoples shared and collective wisdom published a range of posts, presentations and tweets on the subject.

What I wanted to do before leaving on a short summer vacation was recombine all the best ideas, into ONE Post Digital Marketing 2009 presentation. Summarizing all the major thoughts finding its way to my “ideas”-folder this last year.

View presentation below or here.

Hopefully it will both be interesting and inspiring to some, and the format introduce what Erin McKean defines as Serendipity:

“Finding something you weren’t looking for because finding what you are looking for is so damn difficult.”
- link

Please enjoy, and have a nice summer (winter).

Best Regards
Helge