New Media & New Markets
Analysis #4
One of the big concerns about online advertising and marketing is the
issue of branding: do the new technologies facilitate branding?
are they are good at helping in branding efforts as are traditional media?
Schlosser & Kanfer pointed out that the lack of clear information about
branding efficacy is one of the biggest concerns for many advertisers who
are wary of pouring money into a potential market sink.
Three studies released in July 2001 by the Interactive Advertising Bureau,
MSN, and DoubleClick found that branding via online, interactive advertising
is effective. The three studies were commissioned at roughly the
same time, and the results of the three agreed (the IAB & DoubleClick
studies were performed by the same group). Please note the following
links:
General
overview of projects
Press
release of studies
Executive summaries:
Full white paper
(pdf)
"Measuring
Success" -- explanation for the masses
Please explore the three studies, evaluating the claimed results of each,
to address the following:
-
Explain the process of online branding, how it happens, what tools are
being used to facilitate branding, and the differences (if any) between
traditional branding and online branding efforts.
-
Is online advertising as effective at branding as its traditional media
counterparts? Why or why not?
-
What factors tend to facilitate branding in an online setting? What
factors limit or detract from branding efforts?
-
Given a brand new product from a brand new company: which is more
effective for branding - traditional or online brand-oriented advertising?
What criteria would a company use in determining where to spend its money
on its branding efforts?
Please use source citations as appropriate, and be sure to thoroughly defend
your claims in this paper. Please do not exceed five pages (yes,
Ann, I'll remember I said 5 this time).
This paper is due two weeks from tonight, Monday Dec. 3.
Rough drafts read free of charge.