Saturday, October 17, 2015

Old Versus New

Hey Irie Jammers, today we will be talking about Old vs New Media, lets get right into it.

Traditional Media can be explained as TV, radio, direct mail, billboards, etc. It is an “push” strategy, meaning the message is being output by the business. It is a one-way, direct message that can be costly, yet instantly impactful. Traditional media is gauged by short-term results.
New Media can be explained as social media (Facebook, Twitter, YouTube), search engine marketing, search engine optimization, blogs, etc. It is a “pull” strategy, meaning it is conversational between consumer and business. It is interactive and inexpensive to campaign, and it can yield measurable progress. New media is gauged by long-term results.

Traditional Media
  • One to many communication
  • Mass marketing that’s not targeted
  • Monologue message
  • Focuses more on branding than communication
  • Supply side thinking
  • Customer as a target
  • Segmentation
  • Mainly offline techniques
  • Aims at mass awareness
  • Doesn’t use many insights or data for decision making
New Media
  • One to one or many to many communication
  • Personalized, mass customization and targeted
  • Dialogue
  • Focuses more on communication than branding
  • Demand side thinking
  • Customer as a partner – CRM, feedback
  • Communities
  • Predominantly online techniques used
  • Awareness created through targeting
  • Uses customer insights and data to help with marketing strategies and decisions 
Promotes              Greater             Attention               Spans                                                   ...


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