agenda introlandscape problem strategyconclusion
introtalking about tumblr is talking about branded content, and the future of advertising.
landscape tumblr is a publishing platform, a creative community and a social discovery engine.tumblr has more than 90 million blogs, who’ve made more than 40 billion blog posts, for an audience of about 170 million monthly visitors.
landscape tumblr is gaining relevance with teens and 20somethings. tumblr has developed a reputation for attracting a creative community, and keeping them engaged.tumblr has shifted from advertising-hostile, to a self-proclaimed role as the saviour of creative advertising.
monetizationtumblr has released a small set of paid products that all follow a simple rule: do not make users second class citizens.
monetization "the products were building work well for storytelling, and weve tried to build them insuch a way that they do scale from a big brandcutting a check for $100,000 to a person proud of their post and wants to highlight it for ﬁve dollars." - David Karp, May 2012, The Verge
posting toolspinned posts - keeps a piece of content at the top of each followers feed, until they click a button to remove it.
posting tools highlighted posts - allowsyou to put an arrow beside apost, drawing attention to it.
promotional tools radar - the place where popularcontent from the community gets featured. brands can pay to get placement here, with a clear indication of what is sponsored.
promotional tools spotlight - tumblr allows brands to pay for space in theequivalent of a subject-based yellow pages. the spotlight section also features popular or notable users.
how tumblr makes money all of these methods of generating revenue avoid putting brands above users.a brand can BUY what users can EARN, but there’s no product(other than high-priced analytics from a third party) that is brand only.
how tumblr makes moneythe tumblr community doesn’t like the idea of brands ruining the ambience with promotional messaging. tumblr’s approach has been to put brands on equal footing.
problem tumblr made approximately $13 million in 2012. they’ve stated they want to make $100 million in 2013. they want to do this by convincing brands that tumblr is theplace to build a community around creative content and brand activations.
problem“We [...] are conﬁdent that the world’s greatestmarketers and media companies will use these products to set a new bar for creative advertising on the web”-Tumblr Spokesperson, May 2012, VentureBeat
problemto increase access to top brands, tumblr has been partnering with agencies. most agencies haven’t mastered branded content yet.
strategy tumblr’s problem isn’t just a matter of relevance or ability.it’s a matter of understanding: brands and agencies are still learning how to ﬁll that curatorial role.
storyboardtumblr has hired from the community, to ensure the peoplebuilding the service know what the platform actually means. this is where storyboard comes from.
storyboard storyboard is a project by tumblr’s editorial team.the focus is to create content to advertise the platform; to report on the creative community that uses tumblr.
strategy tumblr’s editorial team should be tumblr’s product. (more accurately, tumblr should continue recruiting expertcontent creation teams from speciﬁc verticals, and offer them to brands and agencies as a consulting service.)
the product a tiered consulting service, teaching agencies, and more importantly brands, how to create great content that will resonate with the tumblr community.tumblr should essentially take the cottage industry that develops around major players in social media, and turn it into an incubation center.
the product tier one: onboardinga content creation team works with a brand to help themdevelop a strategy that’s true to the brand and platform.
the product tier two: consulting a content creation team works with a brand to not onlystrategize, but also provide support and insight on an ongoing basis.
the product tier three: content and community creationa content creation team runs a branded tumblr account, in direct support of a client.
the model tumblr’s consulting division would have two main objectives:getting brand entrenched in the platform, and getting them to the point of self-sufﬁciency.
the modelthis approach isn’t a long term business model - it’s an adoption accelerator that will increase spending on tumblr’s current andfuture promotional tools, and improve the platform’s standing as an advertising destination.
the solution get brands on the platformhelp them succeed in building a relevant, engaged audience build competence, and begin supporting new clients
conclusiontumblr has a fairly unprecedented opportunity.
conclusionpeople watch tv to see tv. people use facebook to see friends. people use tumblr to see creativity.
conclusionthey don’t seem to care much if it comes from a 12 year old, a magazine, or a fashion line.