My ad ran where?
A recent story in Adweek listed just about every possible peril of using ad networks for online display campaigns. It featured a case where display ads for major brands were running on a horribly-designed site full at least questionable if not downright offensive content.
So should we flee as fast as we can from online networks? Hardly.
Buying online media blindly from networks merely to get the best possible CPM carries risk. It’s not unlike buying run of network on cable. Sometimes you get good programming in good timeslots, sometimes you get garbage at 2:43am.
Network buys need to be carefully purchased and closely monitored. When we’re purchasing a network, we research sites where we’ll be running in advance. That’s exactly what we did with a mobile network buy for a client that’s running right now. We eliminated questionable sites before the buy even went live. And it’s also why we have tools like Adometry, which allows us to track the exact sites and placements for our ads on a network and make adjustments if necessary.
Ad networks can be highly effective. They reach broad audiences, they provide “one stop shopping efficiency” and pricing is often very attractive. But the buy has to be managed. It takes good tools and hard work to ensure the client’s money is well-spent. That’s where an agency can deliver real value for a client.
David Miller 12:39 am on November 13, 2010 Permalink
Tim,
Excellent points. Good read.
There’s clearly been a tectonic shift (and it continues.) It seems everything marketers have needed to learn about media has been demonstrated by the Ice Age:
Move, adapt or die.
What’s really quite interesting (worrying?) is the profile of clients who once-upon-a-time relied on “traditional media” (too often not planned, projected and integrated) — who are now rushing headlong to social as a magical elixir. While they remain similarly sure what it does for their business or their brands, heck at least it doesn’t cost as much as network :60′s!! (I recently heard someone describe “Twitter” as the “the last refuge of the unaccountable.”)
Undoubtedly the downturn has been pretty harsh to the ranks of communications directors, the primary basis for client-agency relationships. I suspect the slow build in the economy will have clients relying on trusted agents for customer insights, strategic pathfinding, inspired communications –- and critically — to be organized around the resolution of a business challenge, not simply a media flight.
In short: C+F is in a great spot. The market is clearly coming to you. Can’t wait to see what’s next from you and your team.