THE NEW CITY
The Most Profound Change, Positive, meaningful change can seem to take forever, and then, during a single moment, we collectively take a giant leap across the divide., A spacecraft’s encounter with Pluto. The US Supreme Court rules that same-sex marriage is constitutional
SPORTS MARKETING
Quite likely, the dominance of sports in modern American culture is only exceeded by the biggest non-athletic competition, politics. Kantar Media’s report on total US advertising expenditures for 2014 – a 0.7-percent increase to $141.2 billion – supports this conclusion, as it stated the increase was attributable to the Winter Olympics, World Cup and the mid-term elections. According to Kantar
PRINT MEDIA
The news media, including newspapers and news magazines, are often criticized for printing only the bad news. If they printed editions with coverage of their own industry, then they wouldn’t have much choice but to print the bad news because the good news for print media is difficult to find. There are a few sparks of life, however, and more so in magazines than newspapers, as the conversion from the physical to the digital version of print media continues albeit slowly.
GENERATION Z
The Baby Boomers were much heralded; their children, Generation X, were somewhat ignored by comparison; and Generation Y, the Millennials, have been discussed and dissected for most of the last 10 years and continue to be probed and closely scrutinized under the microscope of marketing research.
TRENDS 2016: ACCELERATING TOWARDS AN ALL-DIGITAL WORLD
The Trends 2015 Special Report from THE MEDIACENTER focused on the “New Consumer.” These are the consumers who want to have significant influence over companies’ current products and services and those they are developing as well as how, when and where those companies communicate and interact with them.
TV & THE COMPETITION
Benign metaphors, such as landscape and universe, have been used to describe today’s media. As we advance further into the 21st century, “media jungle” may be a better metaphor, however. Although there are more media consumers, the competition has become so fierce for them that it is truly the survival of the fittest.
THE EVOLVING CONSUMER
Consuming in a World of Contrasts It appears many (if not most) Americans are living one life with two contrasting mindsets. Understanding these mindsets is the first step in understanding how consumers are evolving and creating challenges and opportunities to retailers.
OUT-OF-HOME MEDIA
As with all other advertising media, out-of-home is just as vulnerable to and enhanced by technology. According to the Outdoor Advertising Association of America (OAAA), 2015 revenues increased 4.6% to a total of $7.3 billion, a significant improvement over 2014’s weak numbers.
SOCIAL MEDIA
As is often the case, it is difficult to evaluate properly the big events and latest trends in our lives because we find ourselves in the middle of the history being written. Social media certainly qualifies. Its global reach and nearly universal appeal has reduced most geographic borders to mere imaginary lines on a map. It has provided billions of individuals with a forum to share their lives,
E-COMMERCE: E-NORMOUS, E-VOLVING AND E-SSENTIAL
As much media coverage and hype e-commerce receives, its 2013 revenue total of $262.3 billion was still only 5.8 percent of total US retail sales, which was $4.533 trillion. Although e-commerce sales will increase 87 percent from 2013 to 2018, it will account for just less than 9 percent of all US retail sales, forecasted to reach $5.552 trillion.
STREAMING MEDIA SERVICES
When you’re “King of the Hill,” challengers, pretenders and wannabes come at you from all sides. For “traditional” TV, it started with videocassettes and videodiscs, then cable and satellite, DVD/Blu-Ray, game consoles, the DVR, PCs, smartphones and tablets, and now streaming media services: Netflix, Amazon, Hulu, YouTube and an ever growing list of even newer players.
WHY TV 2016
It’s time to take a deep breath and stop all the hand wringing about the demise of TV, as a content and advertising medium, and the ascendancy of digital, as TV’s replacement. It hasn’t happened and is unlikely to occur like the “sky-is-falling” advocates claim it will. A good place to start is THE MEDIACENTER’s August 2016 Online Newsletter.
WHY SHOULD A BUSINESS ADVERTISE?
What is the role of advertising? Aside from helping to sell a product or service, advertising has several key benefits in terms of reinforcing a company’s marketing efforts, providing information to customers and the marketplace, and creating and enhancing a company’s identity and image. Advertising helps create awareness for a business, reach new customers and different demographics, keep loyal customers and stay ahead of competition.
THE REBIRTH OF SMALL BUSINESS
Multinational corporations and the tech giants may receive most of the headlines, the adulation and vilification of consumers and attract intense scrutiny from governments, but more of the nation’s business occurs in Main Street shops, two-person service companies and on the dining room tables of budding entrepreneurs and freelancers.
THE RURAL AMERICAN MARKET
The headlines often tout that many parts of the US economy have returned, or even exceed, pre-Recession levels – GDP, employment, wage growth, housing, the stock market, etc. The majority of the US population that lives in urban and suburban communities has been enjoying this renewed prosperity for a number of years.