Why aren’t brands investing in high-attention media? With Peter Field, Heather Dansie and Mike Follett
At The Future of Media Manchester last week, effectiveness expert Peter Field and Newsworks insights director Heather Dansie presented new research that shows investing in high-attention media channels — TV, cinema, radio, news brands and magazine brands — is more profitable than investing in low-attention ones.
And yet, over the past decade, adspend has flowed to social media and pure-play internet, and away from those channels.
What accounts for this? And what would happen if marketers heeded effectiveness research that repeatedly indicates a severe over-investment in ineffective, short-termist digital media inventory?
During the conference, Field and Dansie sat down with Lumen CEO and report co-author Mike Follett for a special live edition of the podcast with Jack Benjamin.
The trio of industry-leading researchers unpacked the findings and criticised media planners for failing to responsibly invest their clients’ money in media placements with long-term benefits.
“My suggestion to media planners is: do your fucking job,” said Follett. “Don’t take the easy thing. Actually think: where am I going to get the best result for my clients?”
Listen now by hitting the play button or use the appropriate entry point into Spotify, Apple or Google Podcasts:
Thanks to our production partners Trisonic for editing this episode. Discover how Trisonic can elevate your brand and expand your business by connecting with your ideal audience.
1:12: Topline takeaways from the research
5:38: Methodology and why smaller brands must embrace advertising beyond performance
12:25: Why has ad investment shifted away from high-attention media? CFOs driving the agenda and lazy media planners
19:05: Are all news brands equal?
24:25: Why aren’t evidence-based arguments sinking in?
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