marketing management consultants
Transforming Production 
for the 21st Century
TrinityP3 Webinar Series
Presented by Christopher Sewell
23rd September 2015
marketing management consultants
What we will discuss today
•  What is Production in the 21st century
•  A Brief History of Previous Transitions in Advertising
•  Current Challenges for Marketers
•  An overview of production by Media channel.
•  TV
•  Print
•  Printing
•  Digital
•  Traps for Marketers
•  Tools for future proofing
marketing management consultants
What is Production in the 21st Century?
•  In a digital world asset management and storage is
king and has to be held by marketing.
•  It is not based on the wording shown in agency costs
that are a legacy from the halcyon days of advertising.
•  A world where digital acronyms abound and cost is
based on complexity not a defined production strategy.
•  Opportunities to reach and actively engage with
customers that were only dreamed of in the past.
•  A seismic shift in production costs away from large TV
productions to test and modify digital delivery.
•  The death spiral of the tradition commercial print
industry.
•  A rebirth of the importance of the publishing model.
marketing management consultants
Transitions we have known
Old Presumption Today
The birth of
TV leading to
the death of
Radio
•  Before TV radio was the
mainstay of mass
marketing.
•  People would leave radio
as TV was a modern
replacement.
•  Digital radio has
transformed the choice and
helped target the message.
•  TV channel is under threat
on multiple fronts.
Newspapers
 magazines
replaced by
digital
•  Everyone’s daily diet of up
to date news.
•  Job ads were rivers of gold
supporting industry.
•  Specialist publications.
•  Transition to digital will
happen over time.
•  The rapid spread of mobile
usage has sped up
Newspapers demise.
Internet
Advertising
•  Paid targeted media based
on consumer search
behaviour.
•  Programmatic booking.
•  Continuous growth and
increased level of
targeting.
•  Apple’s new ad blocker
software sends tremors
thought the paid media
world.
•  Too much cheap space
without relevant content.
marketing management consultants
Production Challenges for Marketers
•  How to keep content generation costs in check for test
and learn deployment.
•  As content gets more complex and files get larger so
how do you store and receive these assets?
•  Where should building content sit? PR companies,
internally controlled, or an external service.
•  Pressure from procurement to reign in costs.
•  Managing and negotiating rights and releases across
multi-channels.
•  What to decouple, when to do it and who to work with.
•  How to transition away from print in an organised
manner.
marketing management consultants
An Overview of TV Production
The Past
•  Talent and other fees charged
by each channel.
•  Ownership of rights held by
originator.
•  High production values
required in all cases.
•  All production stages
specialised so end to end
production tightly held.
The Future
•  Multi-channel buyouts required to
enable deployment of this content.
•  Transfer of usage rights for all digital
channels under contract.
•  Copyright remains with originator.
•  Concept and creative ideas being
outsourced.
•  Decoupling and software give clients
more options.
•  Well managed high value TV commercials can still generate
ROI
•  Digital is the only game in town
•  Creating video content can be achieved by multiple suppliers
marketing management consultants
An Overview of Print Production
The Past
•  Charging for ‘artwork’ items
that are not used.
•  Capture in camera costs the
same but retouching climbing.
•  Charges for resizing.
•  High hourly rates for simple
tasks.
The Future
•  Charging of either software or
labour not both.
•  Single charge item for image
capture.
•  Software replaces labour cost.
•  More decoupling and off-
shoring.
•  Size does matter. Repurposing costs are not transparent
•  Old world cost centres still being used to maintain agency
revenue stream
•  Photography and retouching costs misaligned
marketing management consultants
An Overview of Printing Production
The Past
•  Long print runs.
•  Print, store and distribute.
•  Work directly with printers.
The Future
•  If you cannot target don’t do it.
•  Print on demand.
•  Working with agnostic content
managers not print managers.
•  High quality printing will survive
•  Untargeted printing is declining quickly
•  Research showing printing is effective is clouded by vested
interests
marketing management consultants
An Overview of Digital
The Past
•  Design, produce, use and
discard.
•  Agency producing all work
locally.
•  Generating test versions
requires labour costs.
The Future
•  Design, produce or repurpose,
use and reuse, recycle and
restore.
•  Outsource or offshore backend
production.
•  Use programme generated
testing strategies.
•  Beware of the jargon. Ask for conversations in plan English
•  All communication is digital so it is not a specialist service
•  Movement from paid to owned media
marketing management consultants
Traps for Marketers
•  Agencies deploying software that is not linked to their
core competency to lock in your business.
•  ‘Digital’ in the name does not define an agency’s
abilities. Digital content is modern day publishing.
•  Agreeing hourly rates does not help you control the
‘length of the string’.
•  Be clear when setting video production budgets as
digital consumption is not the same as buying
TARP’s. Also set the budget when briefing creative.
marketing management consultants
Tools for the Future
•  Stop viewing production in it’s traditional disciplines-
print, broadcast and digital. You advertise by media
channel but you generate digital content that is used
across video, podcast, blog post, social, newsletters etc.
•  Invest in tools to create, store and manage assets. Do
this yourself so you own them.
•  Examine the value you are getting after the idea is
generated. Decouple where there is no value being
added.
•  Don’t expect a printer to help you stop printing things.
Work with a provider that is equally rewarded in any
channel.
marketing management consultants
In Summary
•  21st Century production is about digital, digital and only
digital
•  Get ahead of procurement and plan what you can
decouple to reduce costs
•  Collect and manage your own content
QUESTIONS?
marketing management consultants
TrinityP3 Webinar Series
October 7: How many agencies do you need and how to
get there
October 21: Aligning your digital marketing to marketing
November 11: Super charge your agency with incentive
based remuneration
November 25: The challenges for Marketers in a carbon
constrained future
For more information go to:
http://www.trinityp3.com/product-category/webinars/
marketing management consultants
For more information contact:
TrinityP3 Pty Ltd
Sydney
+612 9964 9900
Melbourne
+613 9682 6800
Hong Kong
+852 3478 3982
Singapore
+65 6631 2861
people@trinityp3.com
www.trinityp3.com
Trinityp3.com/blog/
@TrinityP3
TrinityP3
TrinityP3.StrategicMarketingConsultants

TrinityP3 Webinar Series: Transforming Production for the 21st Century

  • 1.
    marketing management consultants TransformingProduction for the 21st Century TrinityP3 Webinar Series Presented by Christopher Sewell 23rd September 2015
  • 2.
    marketing management consultants Whatwe will discuss today •  What is Production in the 21st century •  A Brief History of Previous Transitions in Advertising •  Current Challenges for Marketers •  An overview of production by Media channel. •  TV •  Print •  Printing •  Digital •  Traps for Marketers •  Tools for future proofing
  • 3.
    marketing management consultants Whatis Production in the 21st Century? •  In a digital world asset management and storage is king and has to be held by marketing. •  It is not based on the wording shown in agency costs that are a legacy from the halcyon days of advertising. •  A world where digital acronyms abound and cost is based on complexity not a defined production strategy. •  Opportunities to reach and actively engage with customers that were only dreamed of in the past. •  A seismic shift in production costs away from large TV productions to test and modify digital delivery. •  The death spiral of the tradition commercial print industry. •  A rebirth of the importance of the publishing model.
  • 4.
    marketing management consultants Transitionswe have known Old Presumption Today The birth of TV leading to the death of Radio •  Before TV radio was the mainstay of mass marketing. •  People would leave radio as TV was a modern replacement. •  Digital radio has transformed the choice and helped target the message. •  TV channel is under threat on multiple fronts. Newspapers magazines replaced by digital •  Everyone’s daily diet of up to date news. •  Job ads were rivers of gold supporting industry. •  Specialist publications. •  Transition to digital will happen over time. •  The rapid spread of mobile usage has sped up Newspapers demise. Internet Advertising •  Paid targeted media based on consumer search behaviour. •  Programmatic booking. •  Continuous growth and increased level of targeting. •  Apple’s new ad blocker software sends tremors thought the paid media world. •  Too much cheap space without relevant content.
  • 5.
    marketing management consultants ProductionChallenges for Marketers •  How to keep content generation costs in check for test and learn deployment. •  As content gets more complex and files get larger so how do you store and receive these assets? •  Where should building content sit? PR companies, internally controlled, or an external service. •  Pressure from procurement to reign in costs. •  Managing and negotiating rights and releases across multi-channels. •  What to decouple, when to do it and who to work with. •  How to transition away from print in an organised manner.
  • 6.
    marketing management consultants AnOverview of TV Production The Past •  Talent and other fees charged by each channel. •  Ownership of rights held by originator. •  High production values required in all cases. •  All production stages specialised so end to end production tightly held. The Future •  Multi-channel buyouts required to enable deployment of this content. •  Transfer of usage rights for all digital channels under contract. •  Copyright remains with originator. •  Concept and creative ideas being outsourced. •  Decoupling and software give clients more options. •  Well managed high value TV commercials can still generate ROI •  Digital is the only game in town •  Creating video content can be achieved by multiple suppliers
  • 7.
    marketing management consultants AnOverview of Print Production The Past •  Charging for ‘artwork’ items that are not used. •  Capture in camera costs the same but retouching climbing. •  Charges for resizing. •  High hourly rates for simple tasks. The Future •  Charging of either software or labour not both. •  Single charge item for image capture. •  Software replaces labour cost. •  More decoupling and off- shoring. •  Size does matter. Repurposing costs are not transparent •  Old world cost centres still being used to maintain agency revenue stream •  Photography and retouching costs misaligned
  • 8.
    marketing management consultants AnOverview of Printing Production The Past •  Long print runs. •  Print, store and distribute. •  Work directly with printers. The Future •  If you cannot target don’t do it. •  Print on demand. •  Working with agnostic content managers not print managers. •  High quality printing will survive •  Untargeted printing is declining quickly •  Research showing printing is effective is clouded by vested interests
  • 9.
    marketing management consultants AnOverview of Digital The Past •  Design, produce, use and discard. •  Agency producing all work locally. •  Generating test versions requires labour costs. The Future •  Design, produce or repurpose, use and reuse, recycle and restore. •  Outsource or offshore backend production. •  Use programme generated testing strategies. •  Beware of the jargon. Ask for conversations in plan English •  All communication is digital so it is not a specialist service •  Movement from paid to owned media
  • 10.
    marketing management consultants Trapsfor Marketers •  Agencies deploying software that is not linked to their core competency to lock in your business. •  ‘Digital’ in the name does not define an agency’s abilities. Digital content is modern day publishing. •  Agreeing hourly rates does not help you control the ‘length of the string’. •  Be clear when setting video production budgets as digital consumption is not the same as buying TARP’s. Also set the budget when briefing creative.
  • 11.
    marketing management consultants Toolsfor the Future •  Stop viewing production in it’s traditional disciplines- print, broadcast and digital. You advertise by media channel but you generate digital content that is used across video, podcast, blog post, social, newsletters etc. •  Invest in tools to create, store and manage assets. Do this yourself so you own them. •  Examine the value you are getting after the idea is generated. Decouple where there is no value being added. •  Don’t expect a printer to help you stop printing things. Work with a provider that is equally rewarded in any channel.
  • 12.
    marketing management consultants InSummary •  21st Century production is about digital, digital and only digital •  Get ahead of procurement and plan what you can decouple to reduce costs •  Collect and manage your own content QUESTIONS?
  • 13.
    marketing management consultants TrinityP3Webinar Series October 7: How many agencies do you need and how to get there October 21: Aligning your digital marketing to marketing November 11: Super charge your agency with incentive based remuneration November 25: The challenges for Marketers in a carbon constrained future For more information go to: http://www.trinityp3.com/product-category/webinars/
  • 14.
    marketing management consultants Formore information contact: TrinityP3 Pty Ltd Sydney +612 9964 9900 Melbourne +613 9682 6800 Hong Kong +852 3478 3982 Singapore +65 6631 2861 people@trinityp3.com www.trinityp3.com Trinityp3.com/blog/ @TrinityP3 TrinityP3 TrinityP3.StrategicMarketingConsultants