Cyber Monday

An article on Yahoo, "10 Cyber Monday Steals," by Lauren Sherman, explains that the National Retail Federation says that Americans will spend $447.1 billion during the 2010 holiday season. A lot of that money will be spent on the Web on Cyber Monday, which is the first Monday after Thanksgiving. Cyber Monday is becoming an important day for online shopping, and businesses on the internet are trying to get customers to spend money by offering big savings, free shipping, and special gifts. In 2009, 87% of retailers had Cyber Monday promotions, bringing in 96.5 million shoppers. A lot of the biggest retailers in America are participating, including Target, Kohl's, Best Buy, and Victoria's Secret, as well as many smaller businesses.

With Black Friday, advertising during November has been incredibly important throughout the years. Now, as Cyber Monday is becoming more important, it gives advertising agencies another chance to help their advertisers get their message out. With Americans spending so much money during this time of the year, businesses want to get people to go to their website, so there is a lot of competition. With so much money being spent before December, it is important for businesses to get and keep their market share. Also, this shows how important internet advertising is because the consumers that advertisers are trying to reach will most likely be reached through the internet.

http://shopping.yahoo.com/articles/yshoppingarticles/469/10-cyber-monday-steals/

Social Media in Seattle

A video on MSN's "News on Main" explains that Seattle's Dick's Drive-In hasn't expanded from their five locations in 36 years, so they decided to let their customers vote online on where to open their new location. Leveraging social media, they used a customer poll on their webpage to let their customers decide whether the new location would be north, south, or east of Seattle. They got a big response, with 115,000 votes in 3 weeks, and North Seattle was the winner. There was some controversy surrounding the poll because people thought that Dick's Drive-In should decide for themselves where to locate their next business, since they knew their business better, but the company thought it was important to know how customers felt.

As technology gets more advanced, businesses are taking advantage of the opportunity to not only get their message to the consumer, but also to have a two-way conversation with them. Social media allows the customer to feel included in the process, and it allows the business to take advantage of valuable knowledge about the consumers' preferences, benefiting both sides. The technique used by Dick's Drive-In not only allowed them to get the customers involved, but it also served as advertising for the restaurant. This is also an inexpensive way to reach a lot of people.



http://businessonmain.msn.com/videos/newsonmain.aspx?cp-documentid=25880977

TV Commercials Shrink to Match Attention Spans

An article on Yahoo, "TV Commercials Shrink to Match Attention Spans," by Emily Fredrix, explains that commercials are now shrinking in length to 15 seconds to save money and match attention spans. The number of 15-second commercials has increased by more than 70 percent in five years to almost 5.5 million last year, according to Nielsen. 15-second commercials made up 34 percent of all national ads last year, increasing from 29 percent in 2005. In the article, John Greening, associate professor at Northwestern University's journalism school and a former executive vice president at DDB Chicago, says, "It used to be that the most valuable thing on the planet was time, and now the most valuable thing on the planet is attention." With digital video recorders, laptops, and phones, viewers have shorter attention spans, so advertisers feel like they can save money and repeat the ads more often. Instead of 15-second ads mostly being edited versions of 30-second ads, advertisers are now making shorter commercials to stand alone. The shift from 30-second commercials to 15-second commercials is mostly coming from the big advertisers, like Procter & Gamble and Walmart.

Recently, in my advertising literacy class, we've been watching commercials on the Gunn Report, and talking about how international commercials tend to be longer and less pushy than commercials in the United States, weaving in a story in commercials that tend to last a minute. In general, the more creative commercials tend to be longer and less explicit in their references to brands, so this shift to 15-second commercials seems to contrast the general consensus when it comes to creativity. I'm used to watching 30-second commercials, and then seeing the edited 15-second version, but since they are going to make 15-second commercials to stand alone, I'm curious how they plan to fit in a story in 15 seconds, and I wonder if it will just contribute to the ad clutter. However, as media becomes increasingly mobile, it will be important to get to the consumer quickly.

The article makes reference to this 15-second commercial for Old Spice:



http://news.yahoo.com/s/ap/20101027/ap_on_bi_ge/us_shorter_commercials