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Is TV a dying medium? - play sample talk extract

Mr. Les Binet - European Director, DDB Matrix, UK

Having read physics at Oxford, Les took an MPhil in artificial intelligence at Edinburgh University. In 1987, he joined the account planning department at BMP (now DDB London), where he turned his modeling skills to the problem of measuring the effects of advertising. He currently heads DDB Matrix, DDB’s in-house econometrics consultancy. Over the years, Les has worked for a wide range of clients, including Unilever, Heinz, Nestlé, Volkswagen, Johnson & Johnson, Kraft, Sony, AXA, and Anheuser Busch. He has also played an important part in establishing DDB’s reputation for effectiveness, having won more IPA Advertising Effectiveness Awards than anyone else in the history of the competition. Since 2001, he has served on the IPA’s Value of Advertising Committee, helping to promote effectiveness and evaluation in the wider marketing community. In 2004 he was elected an Honorary Fellow of the IPA, in recognition of his services to the advertising industry, and in 2005 he was Convener of Judges for the IPA Awards. In 2007, Les Binet and Peter Field published Marketing in the Era of Accountability, a major study of the factors that influence marketing effectiveness. This research is based on the IPA dataBANK, a database of effectiveness case histories, which Les and Peter helped to design and build for the IPA.

Talk Online Publication: Jan 2009

How to cite this talk:
Binet, L. (2009), "Is TV a dying medium?", in Alps, T. (ed.), TV Advertising in the UK: The art of engaging viewers and creating successful advertising, The Marketing & Management Collection, Henry Stewart Talks Ltd, London (online at http://hstalks.com/go)

Direct talk access link:
http://hstalks.com/lib.php?t=HST73.2052&c=250

TOPICS COVERED IN IS TV A DYING MEDIUM?

3 myths about TV advertising | The effectiveness of TV: findings from the IPA dataBANK | Why TV works so well | The importance of broadcast media | The importance of fame | The importance of emotion

    DETAILED SLIDE INDEX

1. Introduction
2. Conventional wisdom: TV is a dying medium
3. Too many myths, not enough data
4. "Marketing in the era of accountability"
5. Myth 1: people are watching less TV
6. McKinsey's 2006 report
7. UK TV viewing has not changed in 30 years
8. US TV viewing continues to rise
9. Myth 2: young people don't watch TV
10. Teenagers watch almost as much TV as adults
11. Myth 3: TV costs are out of control
12. McKinsey's 2006 report - spending is not prices
13. Cost of reach now lowest since the 1970s
14. TV effectiveness: findings from the dataBANK
15. TV is a highly effective medium
16. TV is a highly efficient medium
17. TV is getting more effective
18. So why does TV work so well?
19. The importance of broadcast media
20. The rise of loyalty marketing
21. Behavioural objectives
22. Exploding the loyalty myth
23. Typical cost per impact for different channels
24. The importance of fame
25. Wrong targets, wrong metrics
26. The power of fame
27. More metrics that move - more effective campaign
28. Effectiveness of campaigns that aim for fame
29. Fame campaigns: broader business success
30. Talk value
31. The importance of emotion
32. Emotional strategies are the most profitable
33. Emotional campaigns work in 'rational' categories
34. The value of emotion
35. Price is the key to profit
36. The ultimate "loyalty" measure?
37. What about other channels and media?
38. TV outperforms print media
39. Effectiveness of different media
40. Conclusions
41. Why TV ads work so well
42. Why TV ads are getting more effective
43. What about PVRs?
44. TV advertising is alive and kicking
45. Full data available via warc.com
46. END