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Explore the evolving global advertising landscape and the cultural nuances in digital media cultures in the USA and Germany through a transatlantic dialogue. Discover key components of the global advertising market, globalization of campaigns, new approaches, and the individualization of ad strategies.
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Advertising Concepts in the Context of Digital Media Cultures in the USA and Germany 6. Transatlantic Dialogue, Düsseldorf 6. Transatlantic Dialogue
Global Advertising Market: Key Components • Changing Global Advertising Industries • Globalization of Campaigns • New Approaches 6. Transatlantic Dialogue
Changing Global Industries • Increase of Worldwide Operating Agencies • Intense Competition for World Markets and Sophistication of Consumers • Diversification of Product Lines by Major Advertisers: Vertical and Horizontal 6. Transatlantic Dialogue
Globalization of Campaigns • Formerly: Overcompensation of cultural differences and national markets • Today:Worldwide standardized Marketing Mix • Future: more globally sophisticated Ad Strategies 6. Transatlantic Dialogue
New ‚Individualized‘ Approaches Global /Local Transnational Fragmentation 6. Transatlantic Dialogue
New ‚Individualized‘ Approaches ‚Contact‘ Tool Communication Tool 6. Transatlantic Dialogue
Growth of worldwide advertising markets from 3.4 % to 5%, USA, Europe, Asia (Aegis, UK) Online Ad Markets: Growth Factors on Key Markets Global Predictions: Recovery and Growth 6. Transatlantic Dialogue
Digital Culture U.S.: Framework • Pluralism / Commercial • De- and -unregulated • Convergence of technologies and content • Multi-Channel Environment 6. Transatlantic Dialogue
Ad Market Coordinates: U.S. • Growth of Overall Ad Market (Ad Sales) to $ 128 Billion • Decrease Ad Sales of Network Television (Growth by around 1% (20 Billion.) • Increase of Internet by 15 % ($ 6 Billion) • Increase of Advertising in Cable Channels • Increase Regional Print Media, Decrease National Print Media 6. Transatlantic Dialogue
‚Individualization‘ in Micromarkets • Microfragmentation of (Cable) Television: ‚Lifestyle,‘ ‚Sport,‘ ‚Gender,‘ ‚Genre,‘ ‚ethnic‘ on local levels • Nationwide Micro-Competition • Sophisticated Micro-Campaigns • Micro-Formats 6. Transatlantic Dialogue
Digital Culture Germany:Framework • ‚Public‘ Service Model/ Media as ‚Cultural Entity‘ • Regulated (decentralized) • Segmented convergence • Limited Channel Capacity • DVB-T 6. Transatlantic Dialogue