Online advertising in Canada is booming

Post ImageThe numbers are in, and it appears that 2006 was an incredibly impressive year for online advertising in the great north. Forget about all the action happening south of the border, Canada is where it’s at! From 901am:

The Interactive Advertising Bureau of Canada (IAB) announced that 2006 Canadian Online Advertising Revenues surged to an unprecedented $1.01 billion dollars for the year. The 2006 actuals represent a 26% increase over the $801 million originally estimated by the IAB for 2006; and an 80% increase over the 2005 actuals of $562 million.

Projections for 2007 look really positive too. Mark Evans says:

Still, if you do some back-of-the-napkin calculations, the Canadian market is still only two-thirds that of the U.S. market if you use the traditional 10:1 ratio formula.

I assume by the “10:1 ratio formula” he is normalizing the two markets for comparison purposes. So it’s not as big as the US, but it’s getting damn close.

Read: 901am

How Google names products

Post ImageYesterday Google announced that they have renamed Froogle to Google Product Search. The change is explained on the official Google Blog:

Froogle offers a lot of great functionality and has helped many users find things to buy over the years, but the name caused confusion for some because it doesn’t clearly describe what the product does.

I don’t think that’s why they renamed it. I think Owen Thomas is right to point out that Google’s marketing is run by engineers. Froogle was/is simply a subset of search in general, so why not name it as such?

Think about it. They have Google, Google Image Search, Google Book Search, and Google Blog Search, so why not Google Product Search?

You could almost use the following rule for the way Google names products:

Is search the core feature of this product?
If yes then call it Google _____ Search
If no then call it Google _____

Obviously not all Google products fit into this rule, but most do.

Read: Google Blog

Podcast Advertising Report Roundup

Post ImageeMarketer has managed to garner a ton of buzz today about their forthcoming report on podcasting and marketing in which they estimate that $400 million will be spent in the space by 2011. My only real comment on the report (since I haven’t seen it) is this wonderful quote from NewTeeVee (on an unrelated post):

“The great thing about forecasts is that no one remembers the exact amount when the future finally rolls around.”

Here is a quick roundup of some great quotes from posts discussing the report:

“If you build it, they will come! Or in other words, concentrate on bringing podcasts to a bigger audience, only then can you make advertising work.”
Marketing Pilgrim

“The increase of video podcasts, which lend themselves to the kind of video ads that marketers are accustomed to developing for television, has also increased advertiser interest.”
BusinessWeek

“Show me an advertiser that wants to generically market to Podcasts with listening audiences of dozens.”
Paul Colligan

“Currently, despite some 90,000 podcasts available on the Web and close to 90 million iPods in the market, podcasting is universally thought of as a supplemental medium by advertisers.”
Mediaweek

“Every once in a while someone accidentally runs into a magic lamp and a guru pops up telling us that Podcasting has already had its 15 minutes and is a fad that is ready to pass.”
901am

“Unfortunately, for all you indy podcasters out there, this does not bode well. With all of that competition for ad dollars, the money is going to flow to folks who have ad sales reps.”
Micro Persuasion

“While I would love to see 400 Million dropped annually into the space, the podcasting listening and producing community is going to have to get a lot bigger.”
Geek News Central

“As I’ve said before, I think the bigger growth could come from simply making the entire creation process easier.”
The Viral Garden

I like the last two comments best – they are spot on.

Happy Valentine's Day – Web 2.0 Style

Post ImageYup, it’s that time of year again – Valentine’s Day. As Wikipedia says, it’s “the traditional day on which lovers express their love for each other.” Apparently, it’s also a great marketing opportunity for web companies. Svetlana Gladkova over at profy shares with us seven special Valentine’s Day logos:

I think that Valentine’s Day must really be a Web 2.0 holiday with so many companies engaged in it – even important enough for Google to use a special logo (definitely created in a hurry but still).

Google, Orkut, LiveJournal, Yahoo!, AOL, Ask, and Yandex all have special logos. And if that wasn’t enough, Social Signal has a Web 2.0 Valentine just for you. Very clever! Seriously, check it out, it made me laugh!

Read: Web 2.0 Valentine

Marketing Presentation Audio

Post ImageLast night I gave a presentation on podcasting & marketing to students taking MARK 450 (Electronic Marketing) at the University of Alberta. I covered “what is podcasting”, Podcast Spot, some podcasting statistics, podcasting and its effects on marketing, and finished with some final thoughts. The presentation went very well and the initial feedback was very positive, so I hope the students got something out of it. I enjoyed talking to them!

We recently purchased some digital voice recorders and they arrived just yesterday afternoon. They are Olympus WS-100’s, and last night we tested them for the first time by recording my presentation. In general I’m pretty happy with them. We had one at the back of the room and one on the table in front of me. The far away recording isn’t so great, but the close range recording is quite good.

So if you’re interested, you can listen to my presentation here. The only editing I did was to remove the questions (as I didn’t have permission to post them). Otherwise it’s a straightforward recording. You can look in the show notes to see the time codes for the major topics I covered. I don’t know why, but it sounds like I was sniffling quite a bit – apologies for that!

If you have questions or feedback, I’d love to hear from you. I’m not going to post the slides here, but if you’re interested in them, feel free to email me.

Read: MasterMaq’s Podcast

Cowgirls Espresso

Post ImageCall me shallow, but yeah, I’d buy coffee from Cowgirls Espresso. I mean, who wouldn’t want to buy coffee from their hot baristas? There’s a ton of coffee shops out there, so you need to be different if you’re going to succeed. That’s what the Cowgirls Espresso chain is going for:

Hot is not the half of it. To stand apart from the hordes of drive-through espresso stands that clutter the Northwest’s roadsides, commuter coffee stops such as Tukwila’s Cowgirls Espresso are adding bodacious baristas, flirty service and ever more-revealing outfits to the menu.

They aren’t the only ones either – the trend is dubbed “sexpresso”.

I doubt we’ll see any of these coffee shops in the colder climates of Canada any time soon, but it’s an interesting bit of marketing nonetheless.

Read: Seattle Times

Meth Coffee

Post ImageCould they not come up with another name? Will people actually buy this coffee simply because it has the word “meth” in its name? I found this via Agenda Inc., in a post titled “First Cocaine energy drink, now Meth Coffee.” That about sums it up – what in the world is going on with the marketing industry!

If you’re just trying it for the first time, don’t throw back five cups like regular coffee. Ease into it. Have a little. Feel the rush, the euphoria, the smooth-edged high. Then go for more, if you want. Yeah, get into it. Make a dance up…program in assembly language…write your first novel…plot to overrule the planet.

Of course, as the About page points out:

CONTAINS NO ACTUAL METHAMPHETAMINES, I.E., CRANK, GLASS, SPEED, CRYSTAL, BATU, SHABU, MABU, CRACKHOO, ETC. PRODUCT NOT WARRANTED TO CURE ECZEMA, EDEMA, ACNE, CONSTIPATION, TOURETTE’S, OR GUM DISEASE.

Thanks for clearing that up. For a second there I thought I could actually get coffee with meth in it!

What’s next, the XTC Hamburger?!

Read: Meth Coffee

Starbucks: 87,000 Drink Combinations

Post ImageAnd you thought deciding between a Grande and a Venti was hard! In the December 18th issue of Time there is a really great article about Starbucks and the challenges it faces as it grows. Currently there are around 12,440 locations worldwide and the goal is to expand to 40,000 – more than even McDonald’s. Also included in accompanying graphics are some interesting stats, such as the number of drink combinations:

Historically, Starbucks has done a great job at balancing new ideas with efficiency, says Frances Frei, a professor at Harvard business school who has studied the company. A classic example: the way it trains us to order in Starbucks jargon, grande this and half-caff that. Serving tens of thousands of possible drink combinations would be an operational nightmare were it not for a regimented logic to ordering, a marketing flourish that helps establish the atmosphere of an Italian cafe.

I always chuckle when people walk into Starbucks and order a non-fat, extra-hot, double-shot, no-whip, blah blah blah kind of drink. Why do they even bother drinking the coffee? I had never really thought about these combinations from the perspective of Starbucks, however. When you consider the 87,000 possible combinations, it’s amazing that half of Starbucks locations average 3 minutes per customer (less than 60% do according to the article).

I’ll probably still chuckle when someone orders what sounds to me like an incredibly complex drink, but at least now I’ll know this: it could have been worse!

Read: Time

Digitizing Billboards

Post ImageSomething I have always wondered about is why billboards are not digital. I mean, it seems pretty archaic to have a bunch of guys go around the city to change the vinyl advertisements all the time. Not only that, but if the billboards were digital, they could be animated and time sensitive!

According to the Chicago Tribune (via AdJab), digital billboards are on the rise:

Digital billboards, which resemble ballpark jumbo video displays but scroll through several static ads each minute, are helping to draw advertisers back to the outdoor medium, as one of the world’s oldest forms of marketing is undergoing a renaissance.

The Tribune article points out that the initial investment for the digital billboards can be quite expensive, but so can the resulting revenue.

In the AdJab post, author Chris Thilk points out that “attracting the eyeballs of someone cruising at 65 miles an hour to a flashing and moving sign” is probably not such a good idea. I don’t know if it would really be that big a problem though. There’s a number of big TV screens around Edmonton, and I don’t recall hearing about them causing any accidents. Besides, lots of cities already have “moving” billboards – those ones that alternate between three different ads.

I say, bring on the digital billboards!

Read: Chicago Tribune

Edmonton Public Library "Adventure" Ads

Post ImageIf you live in Edmonton, and listen to the radio occasionally, you may have heard the new ads for the Edmonton Public Library. If you haven’t, fear not, because I am going to summarize them anyway:

There are two young guys trying to skateboard, when one says to the other “I am not cut out for this.” The two are then faced with a problem – what to do? One guy suggests the adventure of a lifetime with dragons and all sorts of other things. The other guy thinks hes crazy. Then the first guy says all of it is possible at the public library. And the two go on their merry way, to slay dragons in their imaginations no doubt.

Now when I heard the commercial, I couldn’t help but laugh. No one I know gets all excited about taking an “adventure” to the public library. I get what they are saying, but I can’t see it working with young people. Maybe I’m just “too cool” but I think their marketing team took the wrong approach with the latest ads.

The goal is clearly to try and bring young people into the library. Instead of some hokey ad about an adventure, why not highlight the aspects of the library that appeal to young people? Things like public computers, excellent study and workspaces, a Second Cup built right in (for the downtown location at least), power outlets for your laptop, and wireless Internet (do they have this?). Okay so I can’t think of as many characteristics that would appeal to young people as I thought, but I am sure they are there. Thing is, I haven’t been to the library in so long, I don’t know what they are.

Do you agree with me? What else about the library would you highlight?

Read: EPL