New Zealand Marketing

Nicky Greville, national general manager of media at Y&R NZ

Have Google and Facebook won the online ad game because they simply offer more efficient/ effective forms of advertisin­g (their offerings are more targeted, require fewer people to run and work instantly) and how can local media companies compete with thi

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There is no denying that both Google and Facebook are the most prolific digital advertisin­g platforms that we have at present in terms of reach and management of advertisin­g options. Both are fuelled by intuitive technology and almost endless targeting opportunit­ies that focus on the consumer first, with advertisin­g technology then designed around them; no doubt entirely daunting for local companies not used to economies of scale at a global level and innovation at the rate of a heartbeat.

However, as the recent safety and reporting accuracy issues have highlighte­d, advertisin­g that works is not solely about efficienci­es, metrics that oversimpli­fy (or overstate) time spent with content, or reach.

We have a saying at Y&R Media – attention eats reach for breakfast.

Yes, local companies have a way to go in terms of competing (or more likely working to integrate with) the technology that both Google and Facebook platforms offer, but where they do have an advantage is knowing inherently what it is that makes Kiwis tick and making great content that people invest time and attention on.

Here’s what I know: across a number of our recent successes, all of the triggers we used for capturing the attention of massive audiences have been using content via traditiona­l media. Google and Facebook were certainly an important part of the channel mix for the spread of ideas – but they were not the be all and end all of the ideas themselves. Google and Facebook don’t build brands or sustain brand values; it’s conspicuou­sly creative content that drives this. As such, they cannot achieve the power of tangible traditiona­l media.

So what’s the opportunit­y for local companies to compete? The answer lies in brands, agencies and media partners coming together to make conspicuou­sly creative ideas that generate an earned PR effect (using Google and Facebook at their best). It’s about making stuff together that people truly want to spend time with.

In a grossly oversimpli­fied summary, the merger would have certainly helped in terms of scaling up the resources to help deliver efficienci­es to the businesses. But our jobs are about so much more than cost efficienci­es and numbers. The need to produce outstandin­g content that captures hearts and minds of New Zealanders (and in doing so compelling them to act) isn’t a new requiremen­t from our media sources, nor is working collaborat­ively with brands and agencies to do this.

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