Showing posts with label internet advertising. Show all posts
Showing posts with label internet advertising. Show all posts

Watch This, Listen Up, Click Here: Inside the 300 Billion Dollar Business Behind the Media You Constantly Consume Review

Watch This, Listen Up, Click Here: Inside the 300 Billion Dollar Business Behind the Media You Constantly Consume
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Watch This, Listen Up, Click Here: Inside the 300 Billion Dollar Business Behind the Media You Constantly Consume ReviewWho would believe that a book about marketing and advertising, subjects usually considered rather academic, mundane, and dull, could be exciting and very informative, as well as interesting to read. Well, here is one and I can recommend it without hesitation.

Now, there is one thing I can say with absolute certainty: the marketing and advertising of goods and services are changing rapidly. And this remarkable book, "Watch This, Listen Up, Click Here" by David Verklin and Bernice Kanner, proves it beyond all doubt. This is not a book just for the marketing and advertising professional; it is a book that will be enjoyed by all readers because virtually all of you out there are consumers of goods and services and most of you are joined, in some way or other and to some extent, to the electronic media matrix that is pervasive in our world today. If you watch television or listen to radio, if you're connected to the Internet, if you own a cellphone or other communication device, and even if you read print publications, you are affected by the world of modern marketing and advertising. There is no escaping it short of becoming a hermit in some unknown, faraway retreat, outside of the normal channels of the human community. There is good reason that the subtitle of this book is "Inside the 300 Billion Dollar Business Behind the Media You Constantly Consume."

I do have a personal interest in what Verklin and Kanner explore in their book. First, way back in the 1980s and for two years, I was the director of advertising for one of the largest destination resorts in the southwestern part of the United States. I worked directly with the marketing department, was privy to all of their selling techniques, and was required to design advertising and deal personally with all the media. Back then, of course, the advertising game was much simpler than today's since our attention was directed mainly to television, radio, and print publications. There was no Internet as it exists today, no cell phones, no IPods, no BlackBerrys, and "globalization" was a term sometimes heard in political discourse but it had not yet evolved into the economic buzzword that captivates the world market as it now does. Secondly, I have managed a website for ten years that depends almost exclusively on advertising in order to survive -- hence, I want to know what the future holds for marketing and advertising. Now that you have my caveats, let's briefly visit some things that Verklin and Kanner have to say.

From the very start, in the Preface in fact, Verklin offers the reader a tempting bit of text that's hard to resist. "Thanks for glancing," he begins. "That's really all I need from you. Guys like me will pay you for your glance. What I'm really after, however, is something more -- something we call 'engagement.' I'll reward you bigtime for that...." Glancing? That's all he wants me to do? Well, yes, but not quite. There's a lot more. First, the "glance." Then, of course, the "engagement." What does all this mean? That is what's explained throughout the book, along with an insider view of the multibillion dollar business that confronts most of us each and every day.

The book is divided into three sections: (1) The Lay of Medialand; (2) A Whole New Ball Game; and (3) Tomorrow. This last section contains only one chapter, something I mention now because the title of the chapter is a real teaser: "What's Really Sexy about Porn? (A Peek at What's to Come)." Now I have to confess that after perusing the table of contents, and taking note of that chapter's title, I immediately opened the book to page 201 and began reading (it's amazing how the words "sexy" and "porn" catch someone's attention!). I always suspected that pornography was first in line when it came to utilizing a new medium (e.g., very soon after photography was invented in the 19th century, it was put to use in the sex industry), and the authors confirm this for me. As they say: "If you want to know what media will look like tomorrow, look at what the sex industry is up to today. Even before the get-rich-quick schemers jump in, porn has landed, almost always the first application a new medium gets." This may be a sad commentary on human nature; nevertheless, pornography has been around for millennia and will probably be around forever. This last chapter, however, does look into the future of media and provides some informative speculation.

Now that the last chapter has been noted, let's get back to the book itself. I must congratulate the authors for the very clever chapter titles, most of them beginning with the word "Why," which is always a suggestive "teaser." The titles, in spite of the words used, are merely indicators and do not necessarily reflect the entire subject covered. Let me give you just a few that I thought were particularly provocative: "Why Newspapers Hate Craig and His Infamous 'List'" - Chapter 5; "Why Outdoor Companies Pray for Traffic Jams" - Chapter 6; "Why Wikipedia Ticks Off the Other Media" - Chapter 9; "Why Honda Hates the Internet...and Those Who Haunt It" - Chapter 15. One of my favorites was "Data Mining: Why Your TV May Think You're Gay" - Chapter 13. (I think I actually read this latter chapter right after I read the chapter on porn -- amazing what a teaser-term can do. Fortunately, this book can be read out of sequence.)

Suffice to say there is something in this book that will appeal to most readers. There's a discussion about why TV ratings are overrated, why Legoland is visited by grown men, why the Army's best new recruitment tool is a video game, and "Why the Smart Money Moved Its Chips from Poker to Bulls" - Chapter 22. All of the companies and trade names mentioned by the authors will be familiar to you and you'll learn some of the little "secrets" behind their marketing campaigns. And, finally, both authors are eminently qualified to write about this subject. Verklin is CEO of one of the world's largest ad-buying companies and Kanner (who unfortunately passed away shortly after completion of the manuscript) was a marketing expert and author of several books on advertising.

All in all, "Watch This, Listen Up, Click Here" provides a fascinating look into a world that most of us are not intimate with except on the consumer side. I would venture to say that, once you've finished this book, you'll never look at the TV, cell phone, IPod, Internet, or other media experience quite the same again. Highly recommended!Watch This, Listen Up, Click Here: Inside the 300 Billion Dollar Business Behind the Media You Constantly Consume Overview

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Mastering the Digital Marketplace: Practical Strategies for Competitiveness in the New Economy Review

Mastering the Digital Marketplace: Practical Strategies for Competitiveness in the New Economy
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Mastering the Digital Marketplace: Practical Strategies for Competitiveness in the New Economy ReviewThis book is NOT about eCommerce explicitly. Rather it is a sound work on the threats and opportunities presented by the all pervasive and ever expanding world of technology. Thankfully, it is not hysterical in tone urging you to rush out there and engage the nearest management consultant you can find, (the authour is one) but rather the book goes to great lengths to make the point that, if the technology is available to add value, then you'd better take advantage of it because your competitors will. The theme of adding value "as perceived by the customer" is really the major issue for the first half of the book. To substantiate this warning the book outlines the major themes of adding value to goods and services with several examples of how to do so. I felt the best section was on the importance of company structure and alignment along core competancies - the Value Based Organisation and how to achieve it, esp. Ch.9. The book is full of real-life and fictional case studies to illustrate each point it makes. It is written in plain english and is mostly jargon free. Do I have a criticism? Yes - Within Ch.9, one of the action points is for a company to have, or have had ABC - Activity Based Costing, the text makes a minor inflection that ABC is tough to implement - I have worked on a project putting in ABC - it is an utter nightmare!But all in all, very sound, accurate and GVFM.Mastering the Digital Marketplace: Practical Strategies for Competitiveness in the New Economy Overview

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Call to Action: Secret Formulas to Improve Online Results Review

Call to Action: Secret Formulas to Improve Online Results
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Call to Action: Secret Formulas to Improve Online Results ReviewWhy do website conversion rates remain at a gloomy 2-5 per cent?
"Call for Action" focuses on how we can improve the conversion rates. Not from a technical or academic or conceptual standpoint. Instead it takes a rare PRACTICAL and down-to-earth approach on how to improve conversion rates to improve sales and thus profits.
What is CONVERSION? Virtually all websites have a persuasive purpose; to get someone to subscribe, to register, to inquire or to buy something. And if all we get is 2-5 per cent conversion, we ought to review our website. Do we offer a product or service that could meet the needs of more than 2-5 per cent of the market? Can visitors find that, solution on the website? Do they understand our offer's value? Was it made at the right time? Are we sure they're coming back?
NAVIGATION is the biggest challenge websites face, the authors argue. The issues are: What to do with the traffic once it lands on the website? How to get visitors to take the first action and click deeper? And once there, how to induce visitors to click to the next step, and the next, and the next?
The fundamental idea is that a PERSUASIVE ARCHITECTURE links a visitor's buying experience to our company's sales process. It bridges the buy/sell process in a measurable way. If you can influence visitor behaviour and empathize with visitor motivations, you can influence results to provide a better experience and more frequent, effective conversions.
The book is filled with illustrative screen dumps of websites (before and after a change). This is a great benefit of such a how-to field book on e-commerce improvements. In my opinion, most e-commerce sites can recover the book's cost price in a few days just by following one or two of the practical suggestions in the many diverse case studies.
The primary focus of this book is e-Commerce. The key messages on conversion, however, are important to anyone running a large website.
This is a rare book. I've been involved in e-commerce since 1997 and read many interesting books on this topic. But I've never found such a practical approach to optimising e-commerce web sites as this one.
The brothers Eisenberg call themselves "wizards of web". I agree and hope my existing and future competitors don't read and act on this book. These secret formulas to improve online results are very effective, indeed.
If you're looking for a conceptual e-commerce theory, please look somewhere else. This is about the nuts and bolts about making money with an e-commerce web site. If you don't have or don`t plan to have such a website; forget about this book. Then it's a waste of time.
I also recommend Jakob Nielsen's books on web usability and Steve Krug's easy-to-read "Don't make me think".
Peter Leerskov,
MSc in International Business (Marketing & Management) and Graduate Diploma in E-businessCall to Action: Secret Formulas to Improve Online Results Overview

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The Online Advertising Playbook: Proven Strategies and Tested Tactics from the Advertising Research Foundation Review

The Online Advertising Playbook: Proven Strategies and Tested Tactics from the Advertising Research Foundation
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The Online Advertising Playbook: Proven Strategies and Tested Tactics from the Advertising Research Foundation ReviewThe Online Advertising Playbook is an academic study of the online advertising. With countless examples and studies it removes much of the confusion in this emerging industry. Each chapter focuses on a unique property. First reviewing the technology and property itself, giving an overview of what it has to offer. It then provides clear examples and tips on how to use and measure them.
Business books, especially those concerning advertising, tend to be overviews of the industry. While they provide insight into the market they leave the reader confused about how to actually create successful campaigns. The Playbook in contrast is a guide. Showing how to get started with a new property or improving campaigns which already use them.
Since the Playbook is academic in nature it is not easily accessible. The writing style is similar to college textbooks. Most of the examples require an existing knowledge of the industry. Readers who are already working in advertising (both traditional and online) should be able to pick the book up without trouble. It could be a hard read for those who are just starting or looking to join the industry, though I would not discourage them from trying.
About the reviewer: Four years in the industry with a focus in search marketing. Currently employed by a top five global advertising agency that works in both the online and offline space.
PKThe Online Advertising Playbook: Proven Strategies and Tested Tactics from the Advertising Research Foundation Overview

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