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Lazar Dzamic' Blog

July 2007 - Posts

Long tail works - even if your media budget is only £30 per month!

Two examples of how nano-sized businesses exploit cost-efficiencies of difital media

I've recently redecorated my house and one of the jobs was to paint the front door. One of my friends is doing spray-painting and he kindly accepted to help me. His company is small, in fact there's only 3 people in it. But, they are more than busy, having to sometimes turn people down for jobs.

It was quite surprising to me (despite the familiar madness with DIY every spring). The secret is, he explained, in Google AdWords. They place them every month and it works - they get a constant stream of prospects.

What really stunned me, though, was the size of their budget: only £30 per month. So, for the price of a main course in a better London restaurant, he keeps his business thriving using the utterly democratised digital technology. His business area is not very contested, so the bids are a total bargain. He pays per click so the flow of prospects is enough to ensure a healthy conversion. 

And that's it. No fancy advertising, no DM, not even flyers. Just a tiny boxed ad placed in a relevant place at the relevant time. And Bob is your uncle.

The other example comes from Ireland, where I recently went on (wet) holiday. We decided to do some seal watching and booked the tour with a small company in Kenmare. The owner was a marketing man's delight! He did everything right.

His commentary (pre-recorded) was fantastically informative and funny, giving the feeling of really understanding seals and their habbits; he served coffee and cookies on board; he had clean blankets to protect the passengers from high winds; he told great jokes.

But even more, he made the whole purchasing and consuming process a treat. When we called to book, he asked where did we hear about them; he tried to upsell accomodation immediately, but without pushing us; he asked us to sign the visitor's book; he asked, politely, for the email address as well, promising only one email during the season, with seal puppy photos; he also asked us to add our message to the appeal to protect the bay from speedboats and to restirct unplanned building of houses around the bay. Most of us did whatever he asked us to do, purely because he did it in such a charming and geunine way.

So, his email database is growing and we can't wait to receive our seal puppy photos. A perfect example of a great 'request marketing', if there ever was one. If only our bigger companies can learn this lesson. 

Posted Jul 26 2007, 04:28 PM by Lazar Dzamic with 1 comment(s)

Death of fish fingers...

... or, another angle on traditional web display ad formats.

I deliberately didn't say 'banners' because even that is misleading. Why on earth we need to have a banner format in the first place? How did they come about?

I met a friend a few weeks ago and he told me that one of his friends refers to the traditional banner format as 'fish fingers'. He is sick of them. That just about sums it up. They are reviled as an advertising format. They don't work. Many think they are dead (together with most of web display ads).

The story of traditional banners reminds me of the story about the 35mm film. I'd heard it a few years ago in Holywood, while visiting the Kodak theatre where the Oscar ceremony takes place. A very jovial guide explained to me - when I asked why 35mm for the film format in the first place - that when Thomas Edison asked George Eastman to supply film for his new camera, Eastman asked him if he had any particular size in mind. Allegedly, Edison replied: "Just about this", using his thumb and a forefigner to show the width of the film. Eastman, being a precise person, measured the distance between two fingers and it was exactly 35 millimeters. That's how the format was born.

I have a feeling that something similar has happened with banners as well. Somebody somewhere at HotWired thought about how to use the web page for advertising, couldn't comprehend any other model apart from display ads and then decided that top of the page, 468 x 60 pixels would be OK, probably because it fitted well with HotWired's masthead (HotWired being credited for running the first banner ad ever, although that is disputed by a whole year). How else would anyone arrive at 468 pixels exactly as a good width for a web ad!?

I am also proud to say that by some accounts the first ad had a Serbian word in it (being for Coors's 'Zima' drink - Zima in Serbian means 'winter' and the drink is named after it - really), but this is inconsequential to this story. Other sources claim that the first ad was for AT&T, also not relevant here.

What is relevant is that traditional online display advertising is in an undisputed decline, with paid-for search and more bold 'rich media' ads on the rise. 'Fish fingers' are dying out. Good or bad? Your call.

Posted Jul 20 2007, 08:16 PM by Lazar Dzamic with no comments
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Lazar Dzamic' Blog
Creative thinking: digital, direct and occasionally something a little more surprising
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Lazar Dzamic

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Member since: 03 Jun 2008

Last login: 13 Nov 2009

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