Tag Archives: Paid Content

Slow Media

Hamish McKenzie has a thoughtful piece at PandoDaily on the latent demand for “slow media.” By this he means digital books, long form reporting, and careful analysis, as opposed to the unceasing onslaught of crappy blog posts and zillions of shoddy articles that sites churn out to keep their “content” “fresh.”

Rather than lament the decline of literary culture, McKenzie frames the issue in terms of media economics. It’s not that people dislike reading top caliber, longer writing, it’s that no business model yet exists to fund such publishing endeavors. McKenzie discusses start ups that are attempting to create such a business model and explains how an assortment of existing strategies–affiliate links, sponsored content, pay walls, special events and memberships–are grasping for long term success.

Slow Media, on the other hand, has opportunities beyond display ads. It favors deep engagement rather than brief contact with ad meat. It trades on relationships with the audience rather than fleeting touches. It builds affinity rather than habits. So far, we have seen media owners struggle to monetize those differences, and so many instead rely on the mechanics of the now to generate mass as quickly as possible, even as the ad units upon which such an approach is predicated produce diminishing returns. In these early decades of the Internet, the economic disincentives for longform reporting or analysis have been too great. What may emerge, however, are new ways to unlock the power behind that deep engagement and loyalty.

Advertisements
Tagged , , , , , , , , , , , ,

The Disruptive Potential Of Native Ads

Felix Salmon of Reuters discusses a magazine article on the new industry of native advertising. On websites, traditional marketing takes place through banner ads: annoying blocks of text that flash or blink, peddling some terrible product. We view them as intrusive. And we have learned to ignore them.

On sites like BuzzFeed however, native or sponsored ads are used. This is where ads are created to resemble real news articles or fun lists. The sponsored ads mirror the content of the websites that they are placed on.

(Ethical dilemmas have been raised about this kind of marketing, though. For example, while BuzzFeed clearly marks their sponsored ads as such, letting the reader know that this is, in fact, an add, more strictly journalistic or “serious” content sites risk confusing their readers. This is exactly what happened to The Atlantic when they ran a native ad for the Church of Scientology that read like a news article.)

Salmon argues that native ads on the Web are just like good TV commercials (the kind we hunger for during the Super Bowl.) They tell a story, and we want to share them. They work for the networks who air them, the brands who sell them, and the audience who views them.

Tagged , , , , , , , , ,
Advertisements