Apple’s Spat With Google Is Getting Personal
IT looked like the beginning of a beautiful friendship. Three years ago, Eric E. Schmidt, the chief executive of Google, jogged onto a San Francisco stage to shake hands with Steven P. Jobs, Apple’s co-founder, to help him unveil a transformational wonder gadget — the iPhone — before throngs of journalists and adoring fans at the annual MacWorld Expo. Google and Apple had worked together to bring Google’s search and mapping services to the iPhone, the executives told the audience, and Mr. Schmidt joked that the collaboration was so close that the two men should simply merge their companies and call them “AppleGoo.” “Steve, my congratulations to you,” Mr. Schmidt told his corporate ally. “This product is going to be hot.” Mr. Jobs acknowledged the compliment with an ear-to-ear smile. Today, such warmth is in short supply. Mr. Jobs, Mr. Schmidt and their companies are now engaged in a gritty battle royale over the future and shape of mobile computing and cellphones, with implications that are reverberating across the digital landscape. In the last six months, Apple and Google have jousted over acquisitions, patents, directors, advisers and iPhone applications. Mr. Jobs and Mr. Schmidt have taken shots at each other’s companies in the media and in private exchanges with employees.
Read More: NYTimes
Optimization Overdose
Demand side platforms (DSPs) are a giant leap forward for Adkind. They put the power back in the hands of the marketer to decide how much to pay for each audience segment, target them in real time, and hyper-optimize the campaign with the help of ingenious black boxes with Einstein-quality math equations inside. Dynamic ads are the other superheros. They empower marketers to tailor their message or offers based on performance (among other factors). More math equations that put more dollars into marketers’ pockets! Put them together and you get super-hyper-mega-optimized performance, right? Wrong! You get a mess. Here’s why: The DSP is optimizing against a specific creative. Let’s call it Big-Box Retailer Creative X. As the DSP sees a gradient of performance across different audiences shown Creative X, it optimizes your media buy to bid for more of those audiences. This scenario works great. Dynamic ads complicate this scenario in that Creative X is undefined. Put simply, the execution of the creative is determined by optimization performed behind the scenes, and whether that means showing pictures of a DVD player or a washing machine is determined each time the ad loads.
Read More: MediaPost
Hiring Freeze Starts To Thaw As Agency Business Hunts For Talent
After a nearly yearlong hiring freeze and having shed 14,000 employees, WPP chief Martin Sorrell had a bit of good news last week: The holding company is staffing up. It’s a welcomed announcement for an industry that lost almost 200,000 jobs between December 2008 and January 2010. Firms from Edelman to OMD to BBH are adding to their ranks, crediting a stronger business outlook and a need to add people with new skills. “Agencies had to respond to what was going on in 2009 by making some massive cuts,” said Pat Mastandrea, founding partner-CEO of the Cheyenne Group. She said when the market started to turn around in the fourth quarter of 2009 and budgets started to grow back, you had agencies that were too lean. “Now those agencies are in the process of having to address that by recruitment. And it’s even stronger in the first quarter of 2010 than it was in the last quarter of 2009.”
Read More: AdAge
Who Are The Online Publishing Companies That Matter
The ten largest online publishers own a disproportionate amount of the world’s web traffic. These busy sites, including subsidiary holdings, account for billions of unique visitors per month. They also comprise the most sought-after ad space in the world. However – and while the recession has played a role in the decline of the display CPM major publishers could acquire – an average $10 CPM, has in many cases, dwindled to $1CPM. For many publishers, display has simply not paid off. Search advertising revenues, however, have steadily increased during this same time. And, with roughly 90% of the major publishers’ revenue being derived from low-paying (and in many cases remnant) advertising networks, many would argue that it is just a matter of time before many of these sites begin charging users to access content; either on a subscription, or pay-as-you-go basis. The alternative, of course, requires an alternative approach to advertising — the fact of the matter is that publishers are not in the business of providing free content if they are unable to monetize their traffic.
Read More: Permuto.com




