Just ran across an article on Advertising Age (adage.com) featuring Verizon Wireless CMO John Stratton. free registration required
Mr. Stratton said media and advertising agencies have been dabbling in new media, but now it’s time to jump in with both feet. “We’ve been playing a game of incrementalism, in which we throw a few points of our [ad spending] at a variety of emerging channels, seeking to gain some insight into what will work and what won’t, but all the while maintaining the vast majority of our spend on the foundational mass media plan that has carried advertisers for 30 years. My view is that, increasingly, large advertisers are going to scrap that approach in favor of a far more aggressive one,” he said. “Having sampled and tested a wide array of new and different delivery platforms, advertisers, I believe, are going to move to a ‘blank sheet’ approach, building the whole of their media mix from the ground up.”
And Mr. Stratton predicted that as much as 25% to 30% of the $100 billion spent each year on brand advertising will find its way onto the mobile screen.
This is an interesting question; one that the Advertising industry has been dealing with for the past 4 or 5 years. I don’t know the answer, but I do think that Mobile advertising isn’t it. If you can’t get a consumer to focus on an ad when they are sitting in their house focused on the TV, how can you expect them to watch an ad while they are on the subway or in a taxi? The outside world is filled people, signs, shops, stores and advertising that are already screaming for consumer attention.
Mobile adverting use will undoubtedly increase, but I can’t help feeling like they are standing on the edge of the same cliff TV fell off.