Free Essay

How Advertising Has Changed

In:

Submitted By a4kur
Words 689
Pages 3
How has advertising changed in the last 10 years? http://www.allvoices.com/contributed-news/15570378-how-has-advertising-changed-in-the-last-10-years "Let’s dial back to 2004. In a vote of confidence, General Pervez Musharraf wins re-election — Janet Jackson’s breast exposed during Super Bowl halftime show — Google introduces Gmail product. (The launch is met with skepticism) — Dick Cheney and George W. Bush testify before the 9/11 Commission — Oldsmobile builds its final car ending 107 years of production — Facebook launched as social networking site open only to Harvard students — Statue of Liberty reopened to the public.
None of the following were around in 2004: Android; Instagram; Mashable; BuzzFeed; The Cloud; Netfix; Tablets & Smart Phones; Huffington Post; Tumblr; Hulu; Twitter; iPhone; Wikipedia; iPad; or YouTube."
-Matt Scheckner, Executive Director, Advertising Week
The world has certainly changed a lot since 2004, and the field of marketing is no exception. On the occasion of Advertising Week’s 10th anniversary, we ask: What are some of the biggest changes advertising has seen in the last decade?
1. Mobile
Popular consumer mobile devices (smartphones and tablets) simply didn’t exist 10 years ago. (The iPhone was first released in 2007 and the iPad came in 2010.) But already, a third of all visits to the most popular online retailers come from mobile devices.
Writing in Harvard Business Review, Harvard Business School dean of marketing Sunil Gupta sees the current state of mobile ads as “a period of fumbling while marketers try to repurpose ads that worked in the old media,” similar to advertising at the debuts of TV or the Internet. He advises marketers to greatly improve the tiny, annoying ads popping up in mobile apps, as “mobile ad budgets in the US are expected to increase from $2.3 billion in 2012 to almost $11 billion in 2016.”
2. Social Media
Facebook debuted in 2004 as a service just for Harvard students. It now has over a billion users worldwide and generates billions of dollars in ad revenues (including 15.8 percent of all global mobile ad revenues just months after unveiling ads in mobile). But even without buying ad space, a presence on social media has become a necessity for companies.
Microblogging site Twitter has been positioning itself as a fresher alternative to Facebook. And with a pending IPO, its push for ad revenues is expected to explode.
With social media users volunteering so much information about themselves and their online habits–and with social networks tracking users’ online movements even further–advertisers have been throwing themselves into this world for better-targeted and more efficient ads.
3. Streaming Content
YouTube was created in 2005. Hulu and Amazon Instant followed, and in 2008, Netflix made its digital content unlimited to subscribers. Pandora and Spotify brought radio to the Internet but made it better. Suddenly, millions of people were watching more TV and movies online than on cable.
But as the HBS dean noted when discussing mobile ads, moving marketing from an old medium to a new one doesn’t work. Online viewers are used to control over what their watching, so marketers have had to compromise with shorter commercials, “choosing your ad experience,” or the ability to skip. But in exchange, advertisers have greater opportunities for targeting those already interested in their message. As one ad creative put it, “We need to stop interrupting what people are interested in and be what people are interested in.”
4. Big Data
More data on consumers is available than ever before and our ability to process it is growing by leaps and bounds. A McKinsey study found that data-driven companies were 5-6 percent more profitable than their peers and those figures might have been double digits when applied to sales and marketing.
What’s exciting is not just these developments individually but how they overlap and interplay with one another. Users are streaming content through social media on their mobile devices, generating tons of data; those data are being used to expand offerings and target content; and it goes on. What does all that tell us about the next 10 years?

Similar Documents

Premium Essay

Marketing To Children Ap Language Analysis

...There are many ways to stay in business and to know exactly how. Marketers encourage teens and children by advertising and marketing techniques that help children to environmentally and socially changed their lives. This may help adolescents and parents to make good choices. The idea is that they have developed persuasive tools to influence consumer behavior, but some oppose all commercial marketing aimed at children. Some of this marketing techniques are beneficial because of the impact it does on people. Because children in advertisements were real rather than paid actors and they often confused with news items, in which they generally do not understand the commercial intent and manipulation behind advertisements. Source B introduces , “Positive pester power.” This source explains that companies should market healthy foods and good habits...

Words: 652 - Pages: 3

Free Essay

Pestle

...PESTLE Analysis on the Advertising Agency Saatchi & Saatchi London Political | * Governmental pressure about advertising about dangerous products * Stable political environment in the UK guarantee a safe business in the UK – recent election gave another 4 years of stable planning. Even a change of government wouldn’t affect the business to much * UKs point on the European Union and the upcoming referendum might affect Saatchi & Saatchi in the future though. Due to the international business it might get very difficult to sustain the current structure since business will become much more difficult if the UK leaves the EU | Economic | * Since Saatchi operates on a pan-European level the economic situation in Europe affects Saatchi despite being based in the UK * Lower economic growth in parts of Europe (Italy, Greece, France) affect their clients and therefore the business of Saatchi. This will affect the hire of new employees in London as well as in the country offices. Headcount needs to be reviewed strongly and needs to be adjusted, based on the future developments. Freelancers vs full time hires need to be considered * Good economic situation in the UK means that lots of companies hire which means high competition will affect the hire and HR process. Therefore less people are available. Benefit competition will affect financials. Recruitment process needs to be reviewed and adapted * Taxes increasing * Ads prices are increasing * Raw material`s...

Words: 1031 - Pages: 5

Free Essay

Work

...areas? Should Affirmative Action for state university enrollment be continued? Should the primary method of public school funding--property taxes in individual school districts--be amended to create more fairness in schools? Should high-school history classes and social-studies curriculum be changed to reflect diversity and multicultural perspectives? Should Christmas, Easter, and other religious observances be considered national holidays? If a university offers "African-American Studies" or "Black Studies" as courses, should it also offer "European-American Studies" or "White Studies"? How do certain television programs perpetuate racial or ethnic stereotypes? Should Columbus Day be discontinued in favor of a new post-colonial perspective? Should schools only purchase textbooks that offer revised or alternative histories of historical events? What should be done about racial disparities in the sentencing of criminals? Should the American government pay reparations and return land to Native Americans? Should hate groups have the right to distribute literature on university campuses? If research shows that certain racial or ethnic groups receive poorer medical care on average, how should this problem be corrected? Should governmental organizations have staffs that accurately reflect the racial, ethnic, and gender balance in society? Gender and Sexuality What should be done to eliminate salary disparities between men and women? What should be done to create equity...

Words: 4167 - Pages: 17

Premium Essay

Case

...Endirt, is a consumer product that is doing extremely well and is a brand leader in a growing market. Though, Endirt is growing and successful in its own right, it has garnered negative feedback from its customers which can result in a larger competing company that is more than capable of taking over Endirt with its brand. The advertising message that Endirt is sending had a high level of recall but a high level of association with the brand and the brands message is partially responsible for a company’s success. Even though Endirt is successful, their message is regarded as offensive towards women and they received unsolicited letters, about one per week which were negative from women saying they will not buy the brand because of the ad message. Endirt’s target market is women and the fact is that women are the primary decision makers and buyers of the product. 2. What are the ethical issues? Advertising reflects society, so it will not be free of criticism. In this case the advertising is in bad taste and is perpetuating a stereotype. The ethical issues that arose in the case are the obligations that advertisers have in mass media, are the rights of women being infringed, should the campaign on the whole be stopped and if the ad was to change how it will affect the brands market share and the company. In the advertising arena, they are provided with a long, coded list of the do’s and the don’ts. Ethics guides the media to be objective, fair and accurate while presenting news...

Words: 859 - Pages: 4

Premium Essay

Chicken of the Sea International the Jessica Simpson Spokesperson Decision

...likely to be applicable in the purchase of this product. Due to the modification away from media advertising, the decision making process has changed significantly. When media advertising was substantial with COSI and StarKist, consumers had become familiar to seeing the ads and their individual icons. Consumers were very loyal to a specific brand and the loyalty grew out of the familiar icons. Now that the focus has changed to mainly print ads, promotions-in-store, and coupons, there is more to keep the consumer decision making process busy. A product such as canned tuna is not a necessity, and therefore can easily be replaced by another product. There is more competitiveness now that a consumer could just pick a brand because it is the cheapest at a particular store or because they found a coupon in an advertisement. Brand loyalty is no longer being pushed into consumers’ minds through commercial spots. Now, companies are pushing more promotions and discounts to increase sales, but the end result is that for some consumers, each trip to the store could result in a different brand being purchased. Also, consumers are now being reached at home through direct mail advertising such as newspaper ads. A decision could be made before a trip to the store. I believe that consumers would have followed the Hierarchy of Effects Model back before the marketing efforts changed from media advertising. Consumers knew of the brands through their loyalty and preferences over the years that led to...

Words: 1282 - Pages: 6

Premium Essay

Marketing in My Life

...for the companies that offer those products to the public. Marketing has impacted my life dramatically because I use a lot the four P’s at work and my personal life. The four “P’s” are Product, Price, Place and Promotion. Society can exist without Marketing, but Marketing cannot exist without Society. Marketing is the management process of anticipating, identifying and satisfying customers’ requirements. There are various marketing tools like advertising, branding, direct marketing, sales promotion, publicity and public relations. These tools help companies make more and larger profit, and satisfy all customers. In this paper I am going to discuss how the Four “P’s” have impacted and changed my life. Product in the marketing mix refers to the item actually being sold. The product must deliver a minimum level of performance; otherwise even the best work on the other elements of the marketing mix won't do any good. I learned that a product should be in good conditions and it should be the best product offered for customers to buy it. For the business, the product should have a variety of colors, sizes, styles, etc. If the business wants to sell a large quantity and make a moderate profit, they should add or change something to the product. The more variety the product has the easier they will sell it because there is plenty taste for every single customer. As a worker at subway, learning about product changed my skills. If product is making every effort to satisfy customers, then...

Words: 1540 - Pages: 7

Premium Essay

Imc and Customer Satisfaction

...stop shop for all denim needs and make every shopper feel satisfied with their purchase. This paper is going to focus on the advertising strategy and its effectiveness. It will also look into promotional strategies that Denim Haven can look to use as well as the best marketing research approach to gain the most satisfaction from customers. Finally the paper will discuss how to handle gaps in customer expectation and experiences. Advertising Strategy The goal of Denim Haven is to have their product widely available to every woman. The target market is women of all shapes and sizes and there are women all over the world. With the target market and goals established a sound advertising strategy needs to be developed. Advertising is the process where businesses develop ideas to present to consumers the benefits of their products and services. No matter the size of a business the advertising strategy is going to play a large part in the success of the business. Being creative and having the proper focus towards the target market is going to be key. The first thing Denim Haven needs to do in its advertising strategy is build customer awareness for their product and name. People will need to know what and who Denim Haven is and what their product is all about. This will probably be the time where most of the money will be spent on advertising. Once Denim Haven becomes and established and they become well known the focus can change. Denim Haven needs to create a statement...

Words: 1208 - Pages: 5

Premium Essay

Literature Review: Impact Of E-Commerce On Marketing

...LITERATURE REVIEW 1. J Suresh Reddy26 has published article in Indian Journal of Marketing. Title of article is “Impact of E-commerce on marketing”. Marketing is one of the business function most dramatically affected by emerging information technologies. Internet is providing companies new channels of communication and interaction. It can create closer yet more cost effective relationships with customers in sales, marketing and customer support. Companies can use web to provide ongoing information, service and support. It also creates positive interaction with customers that can serve as the foundation for long term relationships and encourage repeat purchases. 2. Neelika Arora 32has published research article entitled “Trends in Online...

Words: 1406 - Pages: 6

Premium Essay

Hum/176 Week 4 Midterm

...sites where individuals can write and be reviewed by their peers. The third is of course YouTube, this site allows others to see certain moments in random people’s lives that can be touching or entertaining. YouTube’s basic purpose is just what it advertises, broadcast yourself. 2. What are the greatest benefits of social media for individuals and society? I believe the greatest benefits of social media for individuals and society is connecting people no matter the amount of distance. A lot of people who are sites like Facebook are on there to reconnect to old friends and to keep in touch with family. I believe this is the reason why business are starting to form their own pages on social media sites, to take advantage of free advertising and reach a new customer base. Individuals who create memberships on social sites often join to connect to other people who wouldn’t be in their lives otherwise. 3. What are the greatest problems of social media for individuals and society? Some of the greatest problems of social media sites is the same problem as it is real life. Cyber bulling is a harsh reality to all social media sites, this can come in the form of rumor starting or people bashing. Just because one involves a keyboard and an internet connection doesn’t...

Words: 1585 - Pages: 7

Premium Essay

Marketing

...King Paper #2 Over the past decade advertising has changed in ways that weren’t even thought possible. In the beginning, advertisement got around just simply through people talking. Then when paper and printing came around companies would pay to have an advertisement on a piece of paper or even in the newspaper. Then advertising went by the way of radio and then to television. Advertising has been forever growing, and it is an essential part to a company’s success. With the growing rate of types of advertising, it makes the job of the marketers even harder. Marketers have to find new ways the catch the eye of its consumers, especially that of the Millennial Generation. In the years before the ‘smartphone’ most of the world’s advertising went through television. Television was a good way to advertise their product because a lot of people would be in front of a television at some point in their day. One of the most popular advertising days for marketers are on the day of the Super Bowl. During the time that of the game companies pay millions of dollars to have their advertisement broadcasted in front of all the viewers of this game. The millennial generation has been tough for marketers to get their advertising to. This generation is more technology savvy and majority of them have a smart phone that is with them everywhere. Marketers began to notice that an effective way to get to this generation was through social media. This generation has gone through various versions of...

Words: 1100 - Pages: 5

Premium Essay

Internet Has Impact on International Marketing of Companies and Consumers

...Internet Has Impact on International Marketing of Companies and Consumers Student name: Chuqian Ma Word count: 1457 Date submitted: August 26, 2015 Abstract Companies and customers in international marketing have been changed by internet. The internet influences on companies in three aspects in this article, place, price and promotion, which are elements of Four Ps of marketing mix. The place and price are focus on the cost and supply chain, examples of Zara and Walmart are provided to prove the statements. The promotion of international marketing is focus on advertising channel and communication. Three main things of time, space, efficiency are used to identify the influence on the supply side by internet. Some negative effect such as information explosion and viral campaign are mentioned. As to the demand side, consumers are able to access various information and get more options in purchasing. Buyer behaviors changes along with online shopping. In such competitive marketing environment, companies have to improve their products and services that meet customers’ need for profit gained. The high level adoption of internationalization nowadays offers great opportunities in international marketing activities. As Internet has grown dramatically, more and more companies have realized its unlimited possibilities of development and have been involved in e-business. The purpose of this essay is to illustrate how internet can change the nature of the relationship...

Words: 1805 - Pages: 8

Free Essay

Young Love vs Chanel

...Melissa Butler Dr. Mark Howell English 112 2/28/2016 Young Love vs Chanel No. 5 In today’s world we see advertisements such as billboards, benches or commercials on TV and almost everywhere else we go. Our society is constantly influenced by advertising. While enthusiastic people work hard to create their masterpiece of a commercial, most people try to avoid them due to the inconvenience of them interrupting their favorite TV show. Today they have become a part of our life and the competition to produce an effective commercial is always booming. A reason for the widening of advertising is certainly the stressful expectation to produce a unique representation of a product that stands out in the market, as well as selling the product itself. TV commercials are used to attract the audience and the producers spend a lot of money and time to obtain the attention of the viewer. The most glamorous commercials I feel are certainly those of perfumes. That is why I chose to do this paper on two perfume TV commercials and examine the features that are used to produce an effective advertisement. One will be a TV commercial of 1962 that deals with the perfume “Young Love” while the other represents the “Chanel No.5 “production of 2006. These are chosen to point out the difference with regard to the use of visuals and text that are important for the development of a commercial. A TV commercial usually consists of text, visuals and sometimes incorporates music. All these features seem...

Words: 2283 - Pages: 10

Premium Essay

Student

...Media carry message to or from a targeted audience and can add meaning to the message. Media Planning, in advertising, is a series of decisions involving the delivery of message to the targeted audience. Media Plan, is the plan that details the usage of media in an advertising campaign including costs, running dates, markets, reach, frequency, rationales, and strategies. The components of a Media Plan. The steps involved in media planning can be represented as a diagram as follows Steps in Development of Media Plan 1. Market Analysis Every media plan begins with the market analysis or environmental analysis. Complete review of internal and external factors is required to be done. At this stage media planner try to identify answers of the following questions: * Who is the target audience? * What internal and external factors may influence the media plan? * Where and when to focus the advertising efforts? The target audience can be classified in terms of age, sex, income, occupation, and other variables. The classification of target audience helps media planner to understand the media consumption habit, and accordingly choose the most appropriate media or media mix. 2. Establishing Media Objective Media objectives describes what you want the media plan to accomplish. There are five key media objectives that an advertiser or media planner has to consider - reach, frequency, continuity, cost, and weight. 1. Reach - Reach refers to the number of...

Words: 1002 - Pages: 5

Premium Essay

Mkt 447 Slingshot Academy / Tutorialrank.Com

...MKT 447 Entire Course (UOP Course) For more course tutorials visit www.tutorialrank.com MKT 447 Week 1 Individual Advertising Past and Present Paper (UOP Course) MKT 447 Week 1 DQ 1 (UOP Course) MKT 447 Week 1 DQ 2 (UOP Course) MKT 447 Week 2 Learning Team Advertising Plan and Creative Brief (UOP Course) MKT 447 Week 2 DQ 1 (UOP Course) MKT 447 Week 2 DQ 2 (UOP Course) MKT 447 Week 3 Individual Effective Advertising Planning and Implementation Paper (UOP Course) MKT 447 Week 3 DQ 1 (UOP Course) MKT 447 Week 3 DQ 2 (UOP Course) MKT 447 Week 4 Learning Team Advertising, Creative, and Media Strategies Paper (UOP Course) MKT 447 Week 4 DQ 1 (UOP Course) MKT 447 Week 4 DQ 2 (UOP Course) MKT 447 Week 5 Individual Future Trends in Advertising Paper (UOP Course) MKT 447 Week 5 Learning Team Final Advertising Campaign Presentation (UOP Course) ------------------------------------------------------------------------------ MKT 447 Final Exam Guide (UOP Course) For more course tutorials visit www.tutorialrank.com Multiple Choice: Choose the correct response for the following questions. 1. As a consumer you are exposed to hundreds and maybe even thousands of commercial messages every day. These messages may appear in the mass media, as even sponsorships, telemarketing calls, or even as e-mails. The correct term for all these commercial messages is: 2. Which of the following is the best example of a tangible good? 3. In commercials for Wal-Mart...

Words: 1772 - Pages: 8

Premium Essay

Costco Wholesale Corporation: Mission, Business Model, and Strategy

...Costco Wholesale Corporation: Mission, Business Model, and Strategy Problem Identification a) There is an advertising problem b) For purchasing the products, membership cards are required c) In the warehouses, product locating is not successful d) North America has a major market for the sales e) Customer trends should consider Analysis of Problems a) Advertising 1) The advertising is not successful 2) Social media are not used enough 3) Company image has been going down after Mr. Sinegal leaves b) Membership Cards 1) Middle lower class does not accept to use membership cards 2) At this economy, yearly payment is too much for some people 3) For entering a new market, card system is a handicap c) Warehouse System 1) Shelf system is not effective for selling the products 2) Big aisle gives negative energy to the customers d) North American Market 1) For belonging to this market is a big weakness for the company 2) Competitors have some advantages like gasoline companies. e) Customer Trends 1) For selling the high quality cannot be standard for this kind of market Alternative Solutions a) Alternative 1: Spending More Money for Advertising Pros: i. It will definitely affect the sales in a good way ii. On the other hand, the company is not going...

Words: 663 - Pages: 3