IMA 505
Hanah Ro
Advertising; Past, Present and Future
{ Table of contents }
“Advertising; Past, Present and Future”
1. Advertising; Past
2. Advertising; Present
3. Advertising; Future
1. Advertising; Past
What is the purpose advertising? Put simply, advertising is creating a desire for a brand name or product. The idea of an ad is to connect to some phase of the consumer’s purchasing experience. Here is a history of the advertising in the United State, and it will continue to gain as develop technology and find new media as well.
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1704
1729
1742
1922
1952
1956
1993
1999
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The first newspaper advertisement in the United States, an announcement seeking a buyer for an Oyster Bay, Long Island, estate, is published in the Boston News-Letter
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Benjamin Franklin begins publishing the Pennsylvania Gazette in Philadelphia, which includes pages of “new advertisements
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Benjamin Franklin’s General Magazine prints the first American magazine ads
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AT&T’s station WEAF in New York offers 10 minutes of radio time to anyone who would pay $100. The Queensboro Corp., a Long Island real estate firm, buys the first commercials in advertising historyófour: 15 spots at $50 apiece. Following the ads extolling Hawthorne Court, a new tenant-owned apartment complex in Jackson Heights, sales total thousands of dollars.
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The Advertising Research Foundation endorses A.C. Nielsen’s machine-based ratings system for TV.
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Videotape recording makes prerecorded commercials possible.
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The Internet becomes a reality, as 5 million users worldwide get online.
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Internet advertising breaks the $2 billion mark and heads toward $3 billion as the industry, under prodding from Procter & Gamble, moves to standardize all facets of the industry.
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* Advertising history of America
The television industry blossomed in the 1950s when affordable TV sets made their way into people’s homes. As television grew in popularity and power, the force of TV ads became more respected. Airtime became expensive and ads were reduced to shorter and shorter lengths. By the mid-1950s, TV ads were brief and punchy with catchy phrases and songs. In 1955, NBC sold advertising on the show Queen For A Day at a rate of $4,000 per minute. Millions of television sets were sold each year and TV programming and advertising worked together to sell their products. In 1965, the TV turned colorful and in the 1970s everyone was singing, “I’d Like to Buy the World a Coke.” In the 1980s with the addition of widespread cable TV and ESPN, CNN and MTV, commercial television boomed. Early 1990’s it became The World Wide Web, which is a global information medium which users can read and write via computer connected to the Internet. The concept of a home-based global information system goes at least as far back as “A Logic Named Joe”, a 1946 short story by Murray Leinster, in which computer terminals, called “logics,” were in every home. Although the computer system in the story is centralized, the story captures some of the feeling of the ubiquitous information explosion driven by the Web.
Advertising and Marketing industries recognized another growing market as the ‘WWW’ get popular and grows up very fast. 1999, Internet advertising breaks the $2 billion mark and heads toward $3 billion as the industry.
2. Advertising; Present
Advertising has become much more variety than before. Such as mobile phone, social network, blogs, Search Engines. In this decade, media channels meet together then they affect the advertising industry.
As the mobile phone became a new mass media in 1998 when the first paid downloadable content appeared on mobile phones in Finland, it was only a matter of time until mobile advertising followed, also first launched in Finland in 2000. By 2007 the value of mobile advertising had reached $2.2 billion and providers such as Admob delivered billions of mobile ads.
More advanced mobile ads include banner ads, coupons, picture and video messages, advergames and various engagement marketing campaigns. A particular feature driving mobile ads is the 2D barcodes, which replaces the need to do any typing of web addresses, and uses the camera feature of modern phones to gain immediate access to web content. 83 percent of Japanese mobile phone users already are active users of 2D barcodes.
A new form of advertising that is growing rapidly is social network advertising. It is online advertising with a focus on social networking sites. This is a relatively immature market, but it has shown a lot of promise as advertisers are able to take advantage of the demographic information the user has provided to the social networking site. Friendertising is a more precise advertising term in which people are able to direct advertisements toward others directly using social network service. Consumers are placing more trust in the experiences of their online peers than they are on the retailer’s product descriptions, which is one example of the broadening definition of a social networking sites. New York and Los Angeles, January 12, 2009 – As Americans buy products, seek information, plan their social lives, and make personal and business decisions, the lines between media channels in the 21st century have become increasingly blurred, according to the third annual U.S. Media Myths & Realities survey.
This melding of media means the content deliverables that were once owned by a specific medium are now found on nearly all platforms – a shift that has helped create an increasingly participatory and fragmented media landscape.
The survey, conducted in late 2008 and released today by Ketchum and the University of Southern California Annenberg Strategic Public Relations Center, revealed, for instance, a steep rise in the use of shopping Web sites among consumers, doubling from 2006 to 2008 (17% to 35%). More revealing still, about half of those (44%) who visit shopping Web sites read consumer reviews and comments found on the site, demonstrating that these sites have transformed into virtual social gathering places and information destinations, rather than merely being a place to purchase goods.
“These networks extend beyond consumer-generated reviews on shopping Web sites,” Scibetta said. “Conversations among readers, information seekers, and reviewers can be found on sites from established outlets such as The New York Times and The Huffington Post, to YouTube, to the neighborhood blogger. What we found in this survey is that, with the widespread availability of such conversations, the lines that once separated mediums have now melded.”
Consumers are using a wider variety of channels than ever before. Newer channels, such as blogs and social networking sites, are gaining more and more traction. The survey found that 26% of consumers use social networking sites, compared to 17% in 2006. The usage of blogs nearly doubled (24% in 2008 compared to 13% in 2006). This is especially true among influential consumers.
Conversely, the use of more established media channels continues to wane. The survey revealed that 65% of consumers use major network television news as a source of information (down from 71% in 2006). Local television news saw a sharper drop – 62% in 2008 compared to 74% in 2006. This fragmentation gives rise to more melding across media lines, said Swerling.
Search engines are maturing as a medium, becoming a ubiquitous source of information among consumers from younger generations, to early adopters, to “surfing seniors.” Search is now a daily part of our lives. It is how we gather information.
Companies that do not have a search strategy are missing a great opportunity to reach consumers quickly and efficiently. In the U.S., 70% of influencers use search engines to gather information, which ranks third in a list of most-used sources of information, after local newspapers (74% of influencers) and major network television news (72% of influencers).
“Consumers expect that search engines will deliver all the relevant information on any given subject, so if a company’s point of view doesn’t turn up in a search result, it will likely be missed by those who aren’t inclined to go directly to a company Web site,” Tsabar noted.
3. Advertising; Future
According to the third annual U.S. Media Myths & Realities survey by Ketchum and the Annenberg Strategic Public Relations Center, the melding of media means that content deliverables once owned by a specific medium are now found on nearly all platforms, creating a participatory and fragmented media landscape.
As Americans buy products, seek information, plan their social lives, and make personal and business decisions, the lines between media channels in the 21st century have become increasingly blurred, says the study report.
Along with a steep rise in the use of shopping Web sites among consumers, doubling from 2006 to 2008, 44% of those visiting shopping Web sites read consumer reviews and comments there, showing that these sites have transformed into virtual social gathering places and information destinations, rather than just a place to purchase goods. It will be more powerful and effective to use Web environment for advertising in the future.
Search Engines; like Google will be one of the biggest company in the world. Thus, make contextual advertising even with video is very important for search reason.
However, whether Word-of-Mouth, In-Person or Online, all of them is critical as a consumer. Advice from family and friends is a significant source of information, with 47% of U.S. respondents saying they rely on this advice. Furthermore, when it comes to making critical decisions, the survey found consumers routinely turn to family and friends first for information on products and services. People no longer want to just listen to what the commercials said. It will be possible to make intellectually interactive in most advertising environment. Let the one-way conversations go!
Jerry Swerling, founder and director of the USC Annenberg Strategic Public Relations Center, says “.. it’s a transformative time in which we are seeing outlets move from single-media to multi-media… “
Consumers are using a wider variety of channels than ever before. Newer channels, such as blogs and social networking sites, are gaining more and more traction. The survey found that 26% of consumers use social networking sites, compared to 17% in 2006. The usage of blogs nearly doubled (24% in 2008 compared to 13% in 2006).
The entire medium of television is based upon advertising, and in this ‘multi-media’ future, advertising will spread into the melding multi-media with developing technologies. Posters or newspapers also will be interactive.
I would say the future advertising would be intellectual, visualized and interactive.
http://en.wikipedia.org/wiki/Advertising#Newer_media_and_advertising_approaches
http://adage.com/century/timeline/index.html
http://www.ketchum.com/media_myths_and_realities_2008_survey_news_release
http://www.mediapost.com/publications/?fa=Articles.showArticle&art_aid=98611
http://en.wikipedia.org/wiki/History_of_the_World_Wide_Web
http://en.wikipedia.org/wiki/Advertising#Newer_media_and_advertising_approaches
http://advertising.about.com/od/history/History_of_Advertising_and_Public_ Relations.htm – 20k –
http://adage.com/century/timeline/index.html
http://www.turnoffyourtv.com/programsratings/advertising2004.html
http://www.youtube.com/watch?v=DsHwYU7jxVY
http://www.youtube.com/watch?v=5rtiHiGmoxk&NR=1
http://www.youtube.com/watch?v=GrSBj-ev4ms&feature=channel
http://www.youtube.com/watch?v=l0fLhnmaxLo&feature=related
http://www.youtube.com/watch?v=QDM77WbsCF8&feature=related