Saturday, April 22, 2006

Whats In Store...

A must read for any media buyer or consumer brand marketer..but it only makes sense for those that know how to do basic math....

Today's article: Where do ad agencies stand with at-retail media?

If April's AdAge article has told us anything about how ad agencies feel about in-store marketing, it's that many firms have not given it the respect it deserves. And if the responses to the original article (including the letter from POPAI President/CEO Dick Blatt) tell us anything else, it's that people in the retail marketing industry are working to remedy the problem. While it's unlikely that one little article will derail the in-store marketing movement (in both static and digital forms), it still seems like the big agencies have done very little to establish their position one way or the other. Sure, all of the big conglomerates have agencies that focus exclusively on below-the-line tactics (including in-store, direct mail, data mining, etc.), but there's no clear powerhouse in the industry as of yet. This is especially surprising given that some of the biggest advertisers in the world, like P&G and Unilever, have conducted extensive surveys on the effectiveness of in-store marketing and stated that they will be spending more marketing dollars on in-store media, while research firms like Arbitron have found that shoppers are receptive to at-retail media. And the trend isn't just limited to the US. Just the other day, one Canadian newspaper noticed that while "TV advertising showed the slowest growth, increasing just 1 per cent, according to Nielsen... spending on out-of-home advertising grew by 14 per cent....

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