New Media Wise
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Category: Marketing

 

Budgets for New Media: Nowhere But Up

11/15/07

It’s no secret that the online category is where the big growth will be happening in the advertising industry. But, as a percentage of the total ad spend—about 5% last year—it’s definitely been lagging the percentage of time people spend online these days, which is about 20% of the total time spent with all media. Thus, you don’t have to be a rocket scientist to realize we have a major disparity here crying out for adjustment!  But that adjustment has been slow to happen. And that’s because big agencies are just plain slow in adopting new technology, and big advertisers are equally slow in changing their budgets. Basically, the ad industry has been too tied to the past. Well, take notice—because we’re now seeing promising signs of change. Online is definitely picking up steam.

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What's Your 'Conversational Marketing' IQ?

11/14/07

Did you know that spending for social media and conversational marketing will outpace that of traditional marketing by 2012?  That’s the key finding of a survey of marketing professionals conducted recently on behalf of the Society for New Communications Research (SNCR). The purpose of the study was to assess senior PR and marketing communications professionals’ awareness and knowledge of social media and conversational marketing, and their priorities for including it in their strategies and initiatives.

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Recommended Reading:

Now Is Gone

A Primer on New Media for Executives and Entrepreneurs

by: Geoff Livingston, Brian Solis

test Helps businesses embrace Social Media intelligently. Learn if your organization is ready, how to begin, social media marketing strategies. Lots of case studies.

The New Rules of Marketing and PR

(Foreword by Robert Scoble)

by: David Meerman Scott

test All about how to use news releases, blogs, podcasting, viral marketing, and other online media to reach buyers directly. One of the most important books on the whole social-media landscape today -- and I don't say that just because I'm in it... :-)

Endorsements:

A random sampling of testimonials from clients and colleagues (refresh page for more)...

"It was good to catch up. You were, as usual, a font of information and insight."

Eric Wieffering
Business Editor
Minneapolis Star-Tribune

"Wow, with writeups like this, I feel like I got a front row seat without leaving my office. "

Kelly Conlin
Former CEO
IDG and (later) Primedia

Blogroll:

Blogs I read regularly (refresh page for more)...

Alltop - Social Media

by Guy Kawasaki...All the top stories and blog posts on the topic of social media and marketing .... including yours truly!

WebInkNow

by David Meerman Scott...Online thought leadership and viral marketing strategies.

Web Strategy by Jeremiah

by Jeremiah Owyang...Weekly digest of the social networking industry, from a newly named Forrester Research analyst.

SoftTech VC Blog

by Jeff Clavier...An active seed-stage investor in Web 2.0 ventures, Jeff has unique insight into the world of new media.

Groundswell

by Charlene Li and Josh Bernoff...Winning In a World Transformed by Social Technologies -- a blog by two Forrrester Research analysts.

Feld Thoughts

by Brad Feld...One of the most active and plugged-in early stage investors in Web 2.0 and Enterprise 2.0 technologies.

Linkroll:

Some tech / Internet / content sites I find useful in my work (refresh page for more)...

TechCrunch

GigaOM

Read/Write Web

Mashable

PaidContent

MIMA.org

Minnov8

GetGoMN