ADVOCATE DIGITAL MEDIA · Effect On Traditional Media Total Disruption . ... Complete understanding...

34
ADVOCATE DIGITAL MEDIA Digitally Focused Full Service Marketing Firm

Transcript of ADVOCATE DIGITAL MEDIA · Effect On Traditional Media Total Disruption . ... Complete understanding...

Page 1: ADVOCATE DIGITAL MEDIA · Effect On Traditional Media Total Disruption . ... Complete understanding and curiosity about the digital advertising ecosystem ! Digital natives: Cord cutters,

ADVOCATE DIGITAL MEDIA Digitally Focused Full Service Marketing Firm

Page 2: ADVOCATE DIGITAL MEDIA · Effect On Traditional Media Total Disruption . ... Complete understanding and curiosity about the digital advertising ecosystem ! Digital natives: Cord cutters,

Victoria, Texas

Page 3: ADVOCATE DIGITAL MEDIA · Effect On Traditional Media Total Disruption . ... Complete understanding and curiosity about the digital advertising ecosystem ! Digital natives: Cord cutters,

Frankly, we were built for a simpler world

Page 4: ADVOCATE DIGITAL MEDIA · Effect On Traditional Media Total Disruption . ... Complete understanding and curiosity about the digital advertising ecosystem ! Digital natives: Cord cutters,
Page 5: ADVOCATE DIGITAL MEDIA · Effect On Traditional Media Total Disruption . ... Complete understanding and curiosity about the digital advertising ecosystem ! Digital natives: Cord cutters,

This was mobile…

Page 6: ADVOCATE DIGITAL MEDIA · Effect On Traditional Media Total Disruption . ... Complete understanding and curiosity about the digital advertising ecosystem ! Digital natives: Cord cutters,

And Then…

Page 7: ADVOCATE DIGITAL MEDIA · Effect On Traditional Media Total Disruption . ... Complete understanding and curiosity about the digital advertising ecosystem ! Digital natives: Cord cutters,
Page 8: ADVOCATE DIGITAL MEDIA · Effect On Traditional Media Total Disruption . ... Complete understanding and curiosity about the digital advertising ecosystem ! Digital natives: Cord cutters,

Effect On Traditional Media

Total Disruption

Page 9: ADVOCATE DIGITAL MEDIA · Effect On Traditional Media Total Disruption . ... Complete understanding and curiosity about the digital advertising ecosystem ! Digital natives: Cord cutters,

What to do…

Page 10: ADVOCATE DIGITAL MEDIA · Effect On Traditional Media Total Disruption . ... Complete understanding and curiosity about the digital advertising ecosystem ! Digital natives: Cord cutters,

Created ADM § Sister company to our Newspaper properties § Creative, Professional Digitally Focused Marketing

Company § Production team including Ad Ops, Developers, Designers § Leverage existing brands to build relationships § Position account executives as digitally focused marketing

experts § Provide best of breed digital solutions, creative solutions § Sign Agency Agreements. Manage client’s entire

marketing budget, not just the digital slice

Page 11: ADVOCATE DIGITAL MEDIA · Effect On Traditional Media Total Disruption . ... Complete understanding and curiosity about the digital advertising ecosystem ! Digital natives: Cord cutters,

Likely Questions § What are your comp plans like? § How many “4 legged” calls do your reps make? § How do you handle account “ownership?” § What exactly is your structure? § How many digital accounts are assigned to each rep? § How do you make sure everyone “gets along?”

Page 12: ADVOCATE DIGITAL MEDIA · Effect On Traditional Media Total Disruption . ... Complete understanding and curiosity about the digital advertising ecosystem ! Digital natives: Cord cutters,

You’re looking in the wrong place

Page 13: ADVOCATE DIGITAL MEDIA · Effect On Traditional Media Total Disruption . ... Complete understanding and curiosity about the digital advertising ecosystem ! Digital natives: Cord cutters,

Think More Strategically § Change your definition of “Investing.”

Investing is not the same as buying cash flow. It’s a trap!

§ Accept that innovations kill business models. Forget about protecting your business model from your own innovation. Someone else will kill it for you.

§ You ARE going to upset people. Period.

Page 14: ADVOCATE DIGITAL MEDIA · Effect On Traditional Media Total Disruption . ... Complete understanding and curiosity about the digital advertising ecosystem ! Digital natives: Cord cutters,

1.) Separate Reporting Structure (not just sales)

Page 15: ADVOCATE DIGITAL MEDIA · Effect On Traditional Media Total Disruption . ... Complete understanding and curiosity about the digital advertising ecosystem ! Digital natives: Cord cutters,

Characteristics Of High Performers § Separate Team § Separate P&L § Separate Physical

Location

Page 16: ADVOCATE DIGITAL MEDIA · Effect On Traditional Media Total Disruption . ... Complete understanding and curiosity about the digital advertising ecosystem ! Digital natives: Cord cutters,

This is not easy! § Constant struggle to stay on task and with the

strategy. § Advertising leaders are egomaniacs. They all

believe “I’m different.” They aren’t. § You will have failures.

Page 17: ADVOCATE DIGITAL MEDIA · Effect On Traditional Media Total Disruption . ... Complete understanding and curiosity about the digital advertising ecosystem ! Digital natives: Cord cutters,

2) In House Technologists

Page 18: ADVOCATE DIGITAL MEDIA · Effect On Traditional Media Total Disruption . ... Complete understanding and curiosity about the digital advertising ecosystem ! Digital natives: Cord cutters,

You Have To Actually Be Digital Marketing Experts

§ Experts that aren’t sales people § Complete understanding and curiosity about the digital

advertising ecosystem § Digital natives: Cord cutters, millennials, etc. § Stop trying to train people that don’t use the Internet to sell

it!

Page 19: ADVOCATE DIGITAL MEDIA · Effect On Traditional Media Total Disruption . ... Complete understanding and curiosity about the digital advertising ecosystem ! Digital natives: Cord cutters,

3) In House Designers

Page 20: ADVOCATE DIGITAL MEDIA · Effect On Traditional Media Total Disruption . ... Complete understanding and curiosity about the digital advertising ecosystem ! Digital natives: Cord cutters,

You Have To Actually Be Creative!

Before After

2015 ADDY Winner

Page 21: ADVOCATE DIGITAL MEDIA · Effect On Traditional Media Total Disruption . ... Complete understanding and curiosity about the digital advertising ecosystem ! Digital natives: Cord cutters,

Before After

Page 22: ADVOCATE DIGITAL MEDIA · Effect On Traditional Media Total Disruption . ... Complete understanding and curiosity about the digital advertising ecosystem ! Digital natives: Cord cutters,

4) No Fear

Page 23: ADVOCATE DIGITAL MEDIA · Effect On Traditional Media Total Disruption . ... Complete understanding and curiosity about the digital advertising ecosystem ! Digital natives: Cord cutters,

Short Term Failure Is OK and Expected

Page 24: ADVOCATE DIGITAL MEDIA · Effect On Traditional Media Total Disruption . ... Complete understanding and curiosity about the digital advertising ecosystem ! Digital natives: Cord cutters,

5) Unique Value Proposition

Page 25: ADVOCATE DIGITAL MEDIA · Effect On Traditional Media Total Disruption . ... Complete understanding and curiosity about the digital advertising ecosystem ! Digital natives: Cord cutters,

Value Proposition: Simplify

Page 26: ADVOCATE DIGITAL MEDIA · Effect On Traditional Media Total Disruption . ... Complete understanding and curiosity about the digital advertising ecosystem ! Digital natives: Cord cutters,
Page 27: ADVOCATE DIGITAL MEDIA · Effect On Traditional Media Total Disruption . ... Complete understanding and curiosity about the digital advertising ecosystem ! Digital natives: Cord cutters,

6) The right Culture

1.  Separate Reporting Structure

2.  In-house technologists (Developers, Fulfillment)

3.  In-house designers 4.  No Fear 5.  Unique Value

Proposition

=

Page 28: ADVOCATE DIGITAL MEDIA · Effect On Traditional Media Total Disruption . ... Complete understanding and curiosity about the digital advertising ecosystem ! Digital natives: Cord cutters,

ADM Culture § Very Few team members have worked

in a newspaper/ media company § Young team with a few “grizzled

veterans” § Not about the view or happy hours §  It’s about WINNING!

Page 29: ADVOCATE DIGITAL MEDIA · Effect On Traditional Media Total Disruption . ... Complete understanding and curiosity about the digital advertising ecosystem ! Digital natives: Cord cutters,

The Results

25% of Total Ad Revenue in 2014

Page 30: ADVOCATE DIGITAL MEDIA · Effect On Traditional Media Total Disruption . ... Complete understanding and curiosity about the digital advertising ecosystem ! Digital natives: Cord cutters,
Page 31: ADVOCATE DIGITAL MEDIA · Effect On Traditional Media Total Disruption . ... Complete understanding and curiosity about the digital advertising ecosystem ! Digital natives: Cord cutters,
Page 32: ADVOCATE DIGITAL MEDIA · Effect On Traditional Media Total Disruption . ... Complete understanding and curiosity about the digital advertising ecosystem ! Digital natives: Cord cutters,

Welcome To ADM!

Page 33: ADVOCATE DIGITAL MEDIA · Effect On Traditional Media Total Disruption . ... Complete understanding and curiosity about the digital advertising ecosystem ! Digital natives: Cord cutters,

These don’t guarantee success. Lack of these does guarantee failure

§ Absolute, rock solid, unquestionable support from the very top.

§ The right local champion. § Absolute confidence in your team, plan and

execution. § Everybody on the team has to drink the Kool-

Aid. Must have a team of True Believers.

Page 34: ADVOCATE DIGITAL MEDIA · Effect On Traditional Media Total Disruption . ... Complete understanding and curiosity about the digital advertising ecosystem ! Digital natives: Cord cutters,

Thank You! [email protected] http://www.linkedin.com/in/jtholmes @jtholmes