TV isn't dead. It's not even dying. It's just going digital.
The death of TV? Overhyped. TV isn't dead. It's not even dying. The truth is much easier and more eloquent: TV's simply going digital. And when a medium goes digital, strange stuff happens. It goes all weird and different.
Yeah, it's uncomfortable for some, but if I know one thing, it's that digital TV will be better for everyone in the long run. Consumers will get what they want: great content subsidized by advertising, but without the irrelevant, intrusive annoyances. And marketers will have possibly the most powerful, engaging advertising medium that's ever existed; the emotive power of moving images and sound combined with digital's ability to create rich, immersive brand experiences that are interactive, at the consumer's control, personalized, relevant, and accountable.
Whether you believe the trade press's grim reports, are clinging to the old model with your last ounce of energy, or are incredibly excited by the future and the opportunity that stands before us, I have a road map of simple strategies to embrace the power TV's digital incarnation will afford. I don't pretend all these things are easy to turn on. In fact, some require seriously reevaluating how you think about certain things. But I hope to provide some simple tips for testing your way into a fully digital TV strategy.
If you're a digital agency or a marketer who's significantly investing in online media, you're already aware of this. It's like expanding banner ads, but on TV. Simply by empowering consumers to interact with your ad, you increase the likelihood they'll remember what you're trying to tell them or take action. We've proven this with ads like the one we built for the launch of Levi's Redwire jeans.
The nondigital world knows the power, too. It just has to try harder to enable interaction because the media aren't inherently interactive. In fact, iTV has been around since the early days of television, it just took a lot more effort. Don't believe me? Take a look at Winky Dink.
What does digital iTV look like? Pundits have said it's a year away for the past 20 (30?) years. ITV has certainly gone through several cycles of hype and death, but all signs finally point toward it becoming reality.
The numbers are difficult to ignore:
It's not easy to make a single interactive buy across all these platforms due to lack of technology and format standardization (among other things). But even though the formats and technologies may be different, the basic mechanics are starting to get enough consistency that the interactive idea can be translated across each platform. Either way, in aggregate or individually, iTV is gaining enough ground that now is clearly the time to experiment so you'll know what you're doing when the scale really hits.
Basic iTV mechanics:
Some of this advanced functionally takes people away from the programming they were watching, so it's ideally suited to not only interactive households but also homes with a DVR, so programming content can be paused during interaction. Alternately, some platforms enable a picture-in-picture experience that allows consumers to continue to view programming while completing the interaction.
Going interactive with one more of these mechanics can be a powerful way enhance spots and improve overall effectiveness. But it's only the first strategy we'll discuss. My next column will continue the conversation.
On the heels of a fantastic event in New York City, ClickZ Live is taking the fun and learning to Toronto, June 23-25. With over 15 years' experience delivering industry-leading events, ClickZ Live offers an action-packed, educationally-focused agenda covering all aspects of digital marketing. Register today!
Jeremy Lockhorn leads the emerging media practice (EMP) at Razorfish. The team functions as a think-tank on new technologies and next-generation media, and operates as an extension of current client teams. EMP is focused on driving groundbreaking marketing solutions for clients. Jeremy is a filter, consultant, and catalyst for innovation - helping clients and internal teams to understand, evaluate, and roll out strategic pilot programs while reinventing marketing strategies to leverage the power of emerging media. Jeremy joined the agency in 1997 and is currently based in Seattle, WA. His Twitter handle is @newmediageek.
Hong Kong, May 5-6, 2015
Gartner Magic Quadrant for Digital Commerce
This Magic Quadrant examines leading digital commerce platforms that enable organizations to build digital commerce sites. These commerce platforms facilitate purchasing transactions over the Web, and support the creation and continuing development of an online relationship with a consumer.
Paid Search in the Mobile Era
Google reports that paid search ads are currently driving 40+ million calls per month. Cost per click is increasing, paid search budgets are growing, and mobile continues to dominate. It's time to revamp old search strategies, reimagine stale best practices, and add new layers data to your analytics.
May 6, 2015
12:00pm ET/9:00am PT