Let’s get something straight from the off, my role at iCrossing is Senior Display Planner/Buyer. My sole focus is to plan, buy, manage and deliver display media campaigns for iCrossing’s clients, I am biased and I am not ashamed to admit it.
I have 6 years’ worth of experience managing, implementing, strategising and innovating in display, and never in its fledgling history has there been as much scrutiny aimed at deconstructing the value of the medium.
Yet, it is odd that now is the time of scrutiny – display ad spend grew 20% between 2009 and 2010 (IAB UK 28th March), the industry is abuzz with talk of demand side platforms, real time bidding, ad exchanges, yield optimisers, retargeting and the like so why criticise a channel that has now found a way to drive value for its advertisers?
Why is display media under such scrutiny?
We now live in an age of austerity, every penny of marketing money spent must be accountable, this is where agencies such as iCrossing have stolen a march on the traditional media buying agencies. iCrossing live and breathe the results they drive for their clients and at the same time marketers want more return from their marketing budgets – a perfect fit!
The rise of PPC & SEO and the continued growth of affiliate marketing has seen the prominence of the “Last Click Wins” (LCW) model being adopted by marketers the world over. This has meant that Display has taken a back seat to these channels, as well as Mobile. Display fell to the bottom of the pile because marketers are prioritising LCW channels and more innovative emerging platforms over the “old lady” of digital marketing.
Display’s role has always been push (and will always remain in part) whilst PPC, SEO & affiliates are pull. Marketers are scrutinising Display because it rarely delivers last click conversions, however display has never been about LCW, it’s always been about brand. With recent technology innovations in the market, display is now combining brand with direct – another perfect combination! Read more…