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Volume 7, Issue 1                     February 14, 2008

 

 

A Mediasmith Mashup

Editor’s note:

 

Happy Valentine’s Day from all of your friends at Mediasmith! To kick off Volume 7 of The Anvil (and make up for lost time), Mediasmith would like to share several articles written by David Smith and Bob Heyman collected over the past few weeks.  

 

In mid-January Dave headed to the East Coast and became the interviewee of a series of articles featured in The Madison Avenue Journal. This five part series begins with an up close and personal look into Dave’s journey through the media industry and how Mediasmith came to be. Part II lays the foundation for Mediasmith’s practice in Emerging Technologies. Parts III-IV dive deeper and examine mobile, widgets, and social networking—three media vehicles receiving a lot of media attention these days. Part V focuses on the technological (near) future that will take our media consumption “Over-the-Top.”

Part I: The Madison Avenue Journal: Mr. (Dave) Smith Goes to MadAve

Part II: The Madison Avenue Journal: Emerging Technologies

Part III: The Madison Avenue Journal: Mobile and Widgets

Part IV: The Madison Avenue Journal: Social Media Networks

Part V: The Madison Avenue Joural: Over-the-Top

 

Also in mid-January, Metrics Insider published Dave’s article: Media Cost Projections: Are We Measuring the Right Thing, which negates the idea that we are in a media recession. Dave suggests an industry wide change in how we map out our projections of the future, citing areas of significant growth and spending projections in hot areas such as mobile and online video.

 

In late January, Dave tackled one of the major data issues faced by the Web media community. In his article, Cloud Computing: A Solution for Web Analytics, Dave gets ethereal about cloud computing potential impact on Web analytics.

 

Mediasmith Morsel

 

What the heck is a widget? Is it a desktop download? A Web-enabled application? A viral marketing tool? The answer is, they are all of this and so much more. Widgets have become, in their own right, a social networking phenomenon.  Sometimes referred to as apps or gadgets, widgets made their debut as downloadable desktop applications. Today they are most prevalent across customizable start pages, personalized social networking profiles and blogs, but they are quickly gaining traction on mobile devices.

 

Recent reports derived from comScore, a global Internet information provider, reveal just how big of an impact these tiny little applications are making in the world. Some perspective:

 

         Widgets have a 66.8% “reach” or cume potential worldwide*

         Spain: 66.3%

         Portugal: 82.1%

         North America: 82.2%

         Eastern Europe: 48.3%

         Western Europe 64.9%

         Latin America: 76.6%

         Middle East and Africa: 70.7%

         Asia Pacific: 59.3%

 

How is it possible for widgets to have such expansive reach so relatively quickly in their lifespan? Consider where they live and the following data points:

         Personalized homepages such as iGoogle, MyYahoo!, and MSN Homepages reach a combined 37.6% of the total worldwide audience, with 306MM monthly unique visitors**

         Social networks have a 63.3% reach worldwide, attracting 516MM monthly unique visitors, or 63% of the total internet audience**

         Blogs have a 48.6% reach worldwide, attracting 396MM monthly unique visitors, or 48% of the total internet audience**

 

 

*Source:comScore Widget Metrix, October 2007

**Source:comScore Media Metrix, January 2008

In the realm of Search, Bob Heyman has a featured article on Searchengineland.com. His feature, Meet the Moguls at TubeMogul, introduces us to a start-up making headway in the field of video search and the technology behind online video distrbution.  

 

Back in November, iMedia Connection published a featured article of Bob’s entitled Everything We Know About Search is Wrong. This article raises the many concerns media folks have when it comes to proper conversion attribution.

 

Mediasmith Morsel

 

A recent report from eMarketer, entitled Podcast Advertising: Seeking Riches to Niches, reveals that the growth of the US podcast audience and the migration of content toward portable devices will help the channel mature and produce healthy increases in advertising spending through 2012. The US podcast audience will grow from 18.5 million in 2007 to 65 million in 2012—this growth will represent a 285% increase over 2007.

 

Key eMarketer Numbers—Podcast Advertising

Total US podcast audience* in 2012, up from 18.5 million in 2007

65.0 million

Active US podcast audience** in 2012, up from 6.5 million in 2007

25.0 million

Podcast audience* as a percent of total US Internet users in 2012, up from 9.8% in 2007

30.0%

Active podcast audience* as a percent of total US Internet users in 2012, up from 3.5% in 2007

11.5%

US podcast advertising spending in 2012, up from $165.0 million in 2007

 

Note: ages 3+ from any location; eMarketer defines an Internet user as a person ages 3+ who uses the Internet from any location at least once per month; *individuals who have ever downloaded a podcast; **individuals who download an average of one or more podcast(s) per week

 

 

Source: Podcast Advertising: Seeking Riches to Niches

 

We hope you enjoyed this month’s version of The Anvil, feedback is always welcome. Stay tuned for next month as Dave makes his way to iMedia Asia where he sheds light on the new metrics landscape and shares his predications on the advancement of digital metrics in 2008, while advocating greater involvement from all in metrics' development.

This issue of The Anvil contains writings by David L. Smith, CEO and Founder, and Bob Heyman, Chief Search Officer of Mediasmith, Inc. -- a full service advertising media agency, specializing in digital media with an increasing emphasis on emerging technologies. Mediasmith is headquartered in San Francisco, California.

 

 

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