Chinwag Live: Tomorrow's Ad Formats (London) Part 2
Later than planned, but here is part 2 of my write up for the last Chinwag event, Tomorrow's Ad Formats
Please note that the below post is a bit like a stream of consciousness, as i've not really edited it down into a solid article - but it gives you (I hope) a good impression of how the discussion went).
Howard
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Discussion time, and the first topic raised by the Chair is the subject of video formats...
It is stated that in the land of online video ads, it's all too easy for creatives to take an existing 30 second TVC and compress it for the web and stick it online, but all too often people forget that whilst the two formats (TV and online) have similarities in that they can play video, they are not and never will be the same, certainly not in terms of audience and how it is consumed. If a typical YouTube clip is 3 mins in length, then a 30 second ad at the beginning simply isn't relevant for the user.
Web video is often a rational or logical choice by the user, whereas the TV is an emotive choice - this is a good rule of thumb for all creating content in these areas and should be taken into consideration when working with them. Creatives and clients alike need to consider the basic fact that video content on the web is consumed in small bite-sized chunks and video ads therefore need to be created with this in mind.
The panel went on to discuss the new video formats that The BBC are introducing and thought that these were starting to stimulate the market in a good way. The fact as well that BBC iPlayer (disclaimer - I love iPlayer!) received 70,000,000 users in the first month says a lot about how people are beginning to adapt to video online (comment: but does it say anything about ad formats in particular? possibly not).
Mat commented now that if we're talking about video formats, then we possibly need to talk about seeding and that often, particularly in relation to viral video formats, it's as much a part of the campaign as the creative itself.
Chair: is the internet going towards video and hi-def video in particular?
most terrestrial video content is delivered over the internet already apparently, so for the TV companies it's not a huge leap to adopt the Internet as a consumer delivery mechanism (Note: I am still personally convinced that so called Digital TV - as in freeview - is a waste for us and we're very close to just jumping straight into pure IPTV delivery like iPlayer and so forth). Some on the panel think that TV hardware itself will become a lot more like an Internet application (in the physical sense) with users choosing what they want to watch when they want to watch it in an IPTV way (note: I couldn't agree more but check this post of mine from some time ago...).
The panel also pointed out however that if the ad model is going to support free content online it'll need to grow by approx. 9 times in order to support itself and so we shouldn't think we're home and dry just yet.
Chair: moves us onto the topic of social media - how do we see ad formats evolving in this space?...
Some on the panel see social media as being a balance between time and effort to address users within the space. To take on content within the social space is often something brands don't wish to invest in a great deal, but it's essential to make sure it does it's job well. It's not a fire and forget medium - it needs a lot of care and attention to deliver good solid results.
Comment from Mat in relation to the social PR space - he thinks that often social spaces are better for PR firms to listen to, rather than try and talk through. It's like the reversal of the traditional PR space. In this way he thinks that actually the traditional media, both on and offline, are better for traditional PR - much more so than social spaces at the moment.
David comments that he is amazed that Facebook is as popular as it is and that for advertisers and marketers it's a terribly hard environment in which to push products and services. He doesn't think we've cracked the surface at all with them and thinks understanding how to really use them is still some way off.
Priya comments that actually companies may not even be set up to correctly handle the conversations they get exposed to in social spaces and as such they fail when trying to work in or with them.
It's a contradiction between "command" and "control". Marketing departments natively try to control their messages, and social spaces naturally remove that control for them.
Chair: so what about mobile platforms? Hard to discuss ad formats of the future without discussion ad formats...
NOTE: I didn't write much down in this part of the discussion, mainly because it turned into a Apple iPhone fanboy session with the panel discussing how cool a mobile device it is.
Chair: FInally... what about digital outdoor?
Panel sees huge opportunity for agencies and clients within the rapidly emerging digital outdoor space - not just outdoor but the whole interaction and joining of the real and virtual worlds. It begins to provide customers with extremely rich experiences both on and offline.
One thing whole panels seems to agree upon in relation to digital outdoor is that bluecasting sucks!
FOr some reason at this point we moved back towards mobile formats and the whole panel seemed to agree that mobile simply isn't being used as it should be from an ad point of view - small mobile banners are NOT the future.
Note: not much of a mention of branded applications or the like, which suprised me.
David from Phorm at this point goes on to discuss their product and services for a few minutes, to explain how and what it is and why it's causing so much controversy for a whole load of different parties and interest groups.
I hope to sit down some time in the future to discuss Phorm with David in more detail, so I will wrap up this post here....
Thanks to all the panel and chinwag for hosting the event.
Sorry for the rambling post, but hopefully it was helpful in some way
Howard
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Earlier this week I attended another of the 





