I sat down the other day with some smart folks from Yahoo They were asking the standard rep meeting questions: What's going on with your accounts? What can they do better? Do you think the Cubs will make it to the series? (No!) What about the Twins? (Yes!)
They went on to explain how they felt we all might be at the proverbial tipping point. That's something I feel, too. "What can we do," they asked, "to actually get things to tip?"
I felt like responding with something like, "You know, everyone that walks through my door asks the same thing. Don't you think if I knew, you wouldn't have to ask? It would have tipped already!" Before I could snap out a smart-assed response, they started to answer their own question.
They discussed some research they'd done recently on the Millennial Generation (basically, anyone born after 1980). I half-heartedly listened, as our shop really doesn't have any business that matches up with the Millennials. But the research results were specific to media multitasking. Now I was interested. What they essentially did was provide a name (not a bad one at that) for what a lot of us have already been thinking: The Web can (and sometimes should) be at the center of a communications plan. The name is Hub Media.
Hub Media is the notion most or all non-digital communications in a plan should drive a person to the Web for a larger payoff. It's supported in this research by data suggesting the Millennial Generation multitasks at extraordinarily high levels. The one medium almost always present in the multitasking equation is the Internet. If they want more information about the clothes they saw in the magazine ad, they go online. If they want to tell their friends the referee blew the call on the last play, they IM or email. It's the pervasiveness of the Internet for the Millenial Generation that makes Hub Media viable.
Most of you are probably sitting there thinking, "Tell me something I don't know." The concept does seem a bit elementary to anyone who's been on this side of the fence long enough.
So here's something you (probably) don't know. Hub Media is appropriate for way more groups than just the Millenials. But (insert soapbox here) traditional agency business models, in my opinion, are the single largest hurdle for Hub Media adoption. Why? The contributing factors that drive this:
Lack of accountability
Traditional shops throw advertising into the market, then issue a post-buy delivery report. If all TRPs didn't run, they get a make-good. If the book didn't hit its stated circ, they get a make-good. As a colleague pointed out during the meeting, they don't look at how many people actually went to the dealership, although the ad had a clear call-to-action: "Stop by your Lincoln Mercury dealership today!" I fully admit marketers indeed look at how much inventory moves in relation to how much advertising is in market, but it really goes back to simple delivery, not to action. The line from inventory delivery to ROI is as dotted as a cheetah's back end.
Inability to make money on Web-based business
Plenty of traditional shops talk about media strategy and include the Web. More than you might think don't ever talk about it (or if they do, they bring up interactive as window dressing only, then quickly move on). They've never done anything online. Why? It's a self-perpetuating stalemate. They don't have enough Web business to justify hiring experts. So they stick to what they know and don't create strategies or campaigns that include meaningful Web components. Obviously, they never get enough web business to justify hiring subject matter experts. And the world passes them by. I blame this on the laziness that pervades most media departments. They work seasonally. Most don't challenge themselves to learn more about a medium that currently penetrates nearly 70 percent of households. Shameful.
Lack of creative minds thinking about the Web
By "creative minds" I mean creative directors. They're fixated on TV and, to a lesser extent, print. If they began to think in terms of the overall media experience -- how someone can be intrigued by a bus side, further interested by a TV spot, reminded by the back cover of a magazine (or a wrap-around on a coffee cup), and then be ultimately engaged by an online experience -- they might begin to expand their horizons. Unfortunately (in my experience) every time someone suggests such a novel idea to a creative, it's shot down immediately because of ego and the need for idea ownership. Whatever. They're a different breed.
These are the barriers and they're firmly in place. It doesn't mean Hub Media isn't the right thing to do in plenty of cases, even those directed at audiences outside the Millennial Generation.
A few examples:
That's this week's rant. This Hub Media strategy has real potential. We're seeing bits of it here and there. I'm sure most of you can envision it everywhere. What's taking so long?
Meet Your Favorite ClickZ Contributors
Many of ClickZ's leading expert contributors will be at ClickZ Live, the new online and digital marketing event kicking off in New York (March 31-April 3). Hear from the likes of: Jeremy Hull, Lisa Raehsler, Andrew Goodman, Bryan Eisenberg, Mathew Sweezey, Aaron Kahlow, Stephanie Miller, Simms Jenkins, Jeanne S. Jennings, Dave Hendricks and more!
March 19, 2014