This week, I had the opportunity to host another Media Mixology event in NYC, bringing together the SRDS community of media buyers and sellers. We networked, enjoyed some hospitality and heard a few insights from industry professionals, Mary Poscik of G2, Kevin Moeller of Media Behavior Institute and Ki Mae Heussner of GigaOm.
This event was actually a make-good because we had to postpone it from November in the aftermath of Hurricane Sandy. But despite the rescheduling, more than 100 professionals showed.
The discussion centered on the challenges agencies face when integrating emerging media into our clients’ plans, and how agency professionals can be better partners for their clients.
In prepping for the discussion, I was struck by the number of big headlines that have occurred in our industry in the last three months since we postponed. It made me appreciate even more the challenge agencies and marketers face as they try to stay ahead of the consumer’s ever-changing habits.
Across the media research, advertising and technology landscape there have been a number of big headlines:
- In Media Research: Consolidation of audience media measurement firms continues, as Nielsen announced its plans to buy Arbitron and the industry weighs the benefits of single source providers.
- In Technology: The mobile wars continued to escalate with Apple introducing a new iPhone and a mini tablet, Microsoft releasing Surface Pro, Samsung gaining traction with Galaxy, and now RIM is seriously pursuing a comeback with its latest (and strongly reviewed) Blackberry.
- In Digital Media: Facebook has introduced a whole new media: social search. Now there is speculation that they will acquire Atlas ad server technology from Microsoft to help super-size their display ad business.
- And in TV: This time of year, the entire ad industry is watching new campaigns break on the big screen for major events like Golden Globes, the Super Bowl, the Grammys and the Oscars. But how many of us have already seen these ads on the smaller screen? That’s why we also have to watch social media, especially the Twitterverse for analysis and ROI insights. And so not surprisingly, Twitter announces the acquisition of Social TV researcher Blue Fin Labs.
And that’s just the big stuff.
Through all of this, marketers don’t just expect their agency partners to stay on top of news coverage and understand the changing players as well as their new line-up of offerings. No, what marketers really need is help in understanding how their audiences are adopting and using these new technologies and how their behavior is being measured. They are anxiously relying on us to advise them how to participate in this new environment, while still doing our day jobs.
It’s a major opportunity and a reason why we love being part of our dynamic media industry. It’s how each of us keeps learning – and pushing our clients to try new things. And it’s why we all want to come together at these events, share ideas on what’s working, or not, and blow off a little steam.
Thanks to our speakers, Mary, Kevin and Ki Mae. Thanks to our sponsors for making the event possible. Thanks for spending some time talking with me and the SRDS team about your new challenges. Thanks for giving me a reason to stop and reflect on what’s happening so quickly. It’s why we love media.