First came the production concept, then the product concept, the selling concept and finally, the marketing concept. The concept of caveat emptor slowly transposed into caveat venditor where the customer was the king or the queen as my previous post had mentioned.
We are seeing one such gradual transition. From a sellers economy to buyers economy. Something like that is being noticed in the advertisement arena.
Currently, We are in the mercy of the websites and advertisers who torture us with their painful creativity. They show what they have made even if we dont want to see it. A sellers economy. Websites have become painful too.All glitterati, flash advertisements and terrible pop-ups.
That might not be the case anymore. We might be slowly transforming or forcing a transformation. An adless entertainment era.
The uninterrupted entertainment experience that a consumer greeds for is resulting in interesting developments. Online video streaming websites are an example of growing factor of adless entertainment .Hulu being one of them, has all the episodes of major T.V. series. However, recent events have made sure that it does not have more than 5 latest episodes of certain series’. Same goes for DVR’s like tivo , the next gen T.V that allows you to skip ads ,record TV, online scheduling etc. Similarly, Replay tv had got itself into trouble after their ‘autoskip’ feature for ads had some unfriendly corporate support.Youtube channels is another adless example. I had read an Accenture research article, claiming that a sizeable chunk of viewers were ready to pay extra for adless Programmes. Beware Marketers and admakers.
Are Television ads becoming less relevant day-by-day ? Or is it that the ad quality has fallen down, taking viewers for granted. Radio earlier ensured that an ad would get widespread publicity but then it gradually died out as the target audience was not really responding to the same old radio ad. However, the spike of new spiced up channels promise a better future.
Television presence will continue, but with questionable impact. A recent example were the Indian elections. All the hoopla about right and responsibility to vote, didn’t perturb the Indian youth, much. Although the recall was on the higher side.
The dynamics will change. A future where ad makers will make an ad which will queue the systems and the audience can pick by his/her will , the ad the person wants to watch. The ad companies will be paid by the number of views of the ad , adwords click- style.There might be a third party website that allows readers to use other website pages on their website without any ads. Killer idea!
These were some examples of why advertisement might become on-demand like many T.V. programmes. As for the viewer , delightful forms of ads, to capture his/her attention, will spring up and for the marketer it might be a disguised opportunity. One needs to make impactful ads than just putting a bunch of scenes loosely interwoven in 30 sec platform.
The next gen ad service, especially TV, would have to be extremely interactive where the ad indulges the audience. More on how it could indulge the audience in coming posts. Please let me know if you have some ideas about the same. Would love to know them.