As a member of the sports marketing industry, we've been
talking about teams as publishers for several years now. However, with the
barriers of distribution and audience acquisition taken care of at the platform
level, what's holding any team back from executing on an always-on content
strategy for their sponsors?
The economics of teams allow them to play the social game by
entirely different rules and even more interesting, the rules teams have in
competing for an audience on these channels. Teams have metrics that allow them
to sell tickets and a broader vision no matter what channel it is on, while
sponsors need to drive you back to their .com to sell you something or sell an
ad against your impression.
Whatever new formats evolve to serve the social space,
they're going to need to be simple enough that advertisers can just buy them
without too much thought.
When will teams learn that users will not endlessly stand
for the archaic ad models built around print, Radio and TV? The line between
entertainment and marketing no longer exists and we must embrace a system that
rewards brands and technologies that empower users and deliver a superior
experience while still effectively monetizing their content and increasing
their revenues.
I think the future of display is going to be difficult for
sports teams because as the total available inventory increases exponentially
through social media channels, CPMs across networks and even premium sites are
going to drop, forcing their sponsors to go even more cross-platform with their
marketing executions in order to win the display business.
But instead of getting creative many teams are going in the
opposite direction. A recent study conducted by the independent agency trading
desk Accordant’s found that only 29% of
the biddable sports inventory made available during the second quarter
disclosed whether the ads were viewable, down from 32% in the first quarter,
and down from about 40% in prior quarters.
The finding, that comes as media buyers are pushing to make
“viewability” –-- the industry standard for online advertising, indicates that
at least for the short run, some teams are actually making that harder to
discern by not making data about the viewability of their ads available when
they are bought.
In simple terms the trend data shows that teams are actually moving in the opposite direction introducing so-called “attribution models” that advertisers and agencies use to determine what parts of their online campaigns actually generated results from users.
In simple terms the trend data shows that teams are actually moving in the opposite direction introducing so-called “attribution models” that advertisers and agencies use to determine what parts of their online campaigns actually generated results from users.
If sponsors stop buying inventory from teams who fail to
disclose the effectiveness of their sports buy, and the average performance of
the ads they do buy declines, where does that leave us?
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