2004: What a Year!
Some of 2004's online media trends.
Some of 2004's online media trends.
Most likely, you’ll read many year-in-review columns before the end of 2004. I want to offer this column before your eyes glaze over at the mere mention of “the best of 2004.”
It’s been quite a year for online advertising. If you’re like my agency and most of the industry people I’ve talked to, you’re busier than ever. Maybe even busier than during the boom. Business is definitely coming back. And companies operate in a much leaner manner than in 1999, which means we’re ever-more productive. How can we complain? This is fantastic.
Many of us are working with much bigger budgets than 2003’s. We’re seeing interest from more and more “traditional” brands. Can we even use the term “traditional” anymore? If most of these brands embrace interactive, doesn’t that disqualify them from being “traditional”? Even better, will a day come when brands that do on- and offline are the norm, are “traditional”? Will that come in 2005? Is it already here?
2004 may not have seen a lot of brand-new stuff, but it did usher in the widespread adoption of some great stuff, including technology platforms and buying strategies. Here are some of 2004’s trends in online media:
We can target users based on an expressed behavior that may represent a level of receptivity to an ad message, even when they aren’t actively engaged in that behavior. You all know or should know who Tacoda and RevenueScience are. And many of you are experimenting with the strategy. Though it’s not new, I’m glad to see it take hold. I’m sure there’s more to come.
One disappointment is some publishers hesitate to run the Unicast Video Commercial because they can’t deliver the campaign impressions promised to the advertiser. Apparently, users don’t stay on a page long enough for the ad to fully load, so the publisher misses out on charging for the impression. Again, maybe 2005 will bring an answer to this question. It’s been a great year for online video nonetheless.
Today, there’s no need for a microsite. The Interactive Advertising Bureau has increased file size standards. Publishers allow those larger file sizes and technology platforms such as Eyeblaster, PointRoll, Unicast, and United Virtualities to offer ad units with increased interactivity. My agency has just launched an ad for the Hyundai Tucson that allows the user to roll over the car to see various features, build and price the car, view our television commercials, and take a 360-degree look at the car — all within the ad unit.
These are just a few of 2004’s notable achievements. As we finish 2004, think back on what a great year you’ve had. I’d love to hear what you think were the year’s most memorable advancements in our industry and what 2005 has in store for us.