SlideShare a Scribd company logo
O N E S T E P A H E A D
Welcome
We will be starting the session at 12:30 EST.
There is no sound at the moment.
All participants will be muted throughout the session, so please use the
chat function in the bottom of the screen to communicate – private and public
messaging is available.
We will do our best to respond to questions in the session, but please feel
free to email onestepahead@cheproximity.com.au for any additional
information afterwards.
W H O I S P R E S E N T I N G ?
Presenter
Ben Shepherd
Chief Media Officer
Past/Present/Future
The media implications of the current environment
O N E S T E P A H E A D
What we will be covering today
Past
Present
Future
The Comfortable Normalcy of a sluggish economy
Jan 1 - March 11
Alert > Alarmed to Alarmed > Alert
March 12 – June 30
Adjustment and Adapting
July 1 - onwards
That escalated
quickly, didn’t it?
“What’s going on in China?”
“Now Wuhan is in lockdown – WTF?”
The first Australian case
“What’s the fuss, isn’t it just like the flu?”
“I can’t get toilet paper – how crazy!”
“Work have asked us to work from home.”
“This is really serious … “
Source: Google Analytics, April 2020
I N R E L A T I O N T O M E D I A
Where have we been?
Where are we now?
Where are we going?
Past.January 1 - March 11
T H E M E O N E
Media consumption retained the same
main headlines as 2019
Continued growth
of SVOD.
TV consumption in decline. Digital remains ubiquitous.
1 2 3
T H E M E O N E
And like 2019, the ad market was in recession
across January and February
Source: Mumbrella, March 2020
Source: SMI January 2020
What was CHEP’s view?
Wrong!
Present.March 12 – June 30
NBA
MLB
NHL
EPL
CHAMPIONS LEAGUE
SUPER RUGBY
F1 GRAND PRIX
OLYMPICS
WIMBLEDON
Cancellations of events
Restrictions of movement
100-200% increase in Coronavirus search intent
Media consumption remained as normal
Foot traffic saw small immaterial declines
Alert not alarmed
Phase 2.1: March 12-16
Source: Google Analytics, April 2020
Limited restrictions
Footy
Search interest declines
TV consumption up 10-20%
Foot traffic down 25-35%
Retail, automotive, discretionary categories all bracing
Alert or alarmed?
Phase 2.2: March 17-22
Morrison changed the tone 9pm Sunday 22 March
Footy gone
Search interest spikes
TV consumption up 10-20%
Foot traffic down 70%+
Road traffic down 30%+
Alarmed.
Phase 2.3: March 22-March 30
Source: Roy Morgan, April 2020
Source: Roy Morgan, April 2020
0
20
40
60
80
100
120
1 2 3 4 5 6 7 8 9 10 11 12 13
2020
March 8
0
20
40
60
80
100
120
140
January February March April May June July August September October November December
Roy Morgan Consumer Confidence average by month – 2008/2009
2009 2008
Rudd stimulus 2009
We are here 2020
Lehman 2008 Auto bailout 2008
Bank bailout 2008
Centrelink search volume
Source: Google Analytics, April 2020
As economic reprocussions hit fast, Centrelink search volume had a one
day increase of 1000% on 22nd March, after steadily rising across March
Where are we now?
A new world of considerations
Reduced movement
Increased home time
No travel/events/
shared experience
Confusion and uncertainty
Rise in unemployment
Reduced movement Media channel recalibration.
Increased TV consumption.
Many. advertising messages
seem incongruent.
Impact is affected.
Reduced discretionary spend.
Increased home time
No travel/events/
shared experience
Confusion and uncertainty
Rise in unemployment
A new world of considerations
•	 TV viewership is up across all demos.
•	 +35 much higher than -35.
•	 News programming is dominating.
•	 Programming production has been affected – huge 		
	 flow on affects to TV in H2.
•	 SVOD consumption so high its breaking the NBN.
•	 BVOD seeing high single digit increases since 							
	 increased social restrictions.
Video - headlines
Linear TV is increasing in terms of hourly consumption
Source: Oztam, March 2020
For 35+, an increase throughout the day and into the evening. Under 35’s remain
steady. This bucks years of downward trends on live viewing.
Netflix, Stan – Search Volume
Source: Google Analytics, April 2020
Last weekend saw Netflix reach its highest search volumes in the last 5 years in Australia. Stan has also
seen a 60-80% increase in search volume over the past month, as SVOD services capture an even greater
share of TV eyeballs.
0
20
40
60
80
100
120
3/3/20
4/3/20
5/3/20
6/3/20
7/3/20
8/3/20
9/3/20
10/3/20
11/3/20
12/3/20
13/3/20
14/3/20
15/3/20
16/3/20
17/3/20
18/3/20
19/3/20
20/3/20
21/3/20
22/3/20
23/3/20
24/3/20
25/3/20
26/3/20
27/3/20
28/3/20
29/3/20
30/3/20
31/3/20
1/4/20
netflix: (Australia) Stan: (Australia)
9Now, 7Plus, Tenplay – Search Volume
Source: Google Analytics, April 2020
Queries for the main BVOD services are up and down – no clear trends evident in
search volume. However, Oztam VPM data shows 10-15% increases in BVOD usage.
0
20
40
60
80
100
120
3/3/20 4/3/20 5/3/20 6/3/20 7/3/20 8/3/20 9/3/20 10/3/2011/3/2012/3/2013/3/2014/3/2015/3/2016/3/2017/3/2018/3/2019/3/2020/3/2021/3/2022/3/2023/3/2024/3/2025/3/2026/3/2027/3/2028/3/2029/3/2030/3/2031/3/20 1/4/20
9Now: (Australia) 7Plus: (Australia) tenplay: (Australia)
BVOD sees 30% increase in 3 week period
Source: Oztam, April 2020
BVOD consumption as measured by Oztam increased dramatically week on week
from March 14 onwards.
•	 It’s a wait and watch situation for the next 3-6 months.
•	 Retail – impacted.
•	 Transit – impacted.
•	 Airport – impacted.
•	 Large Format – impacted.
•	 Street Furniture – impacted.
•	 Out of Home likely to go backwards 30% in CY20,
	 recover in 21
Out of Home - headlines
Train Timetable – Search Volume (90 days)
Source: Google Analytics, April 2020
Train timetable search volume an average was consistent from January to the start of March,
however it has dropped 75-85% since then as less and less people move about in public.
0
20
40
60
80
100
120
3/1/20
5/1/20
7/1/20
9/1/20
11/1/20
13/1/20
15/1/20
17/1/20
19/1/20
21/1/20
23/1/20
25/1/20
27/1/20
29/1/20
31/1/20
2/2/20
4/2/20
6/2/20
8/2/20
10/2/20
12/2/20
14/2/20
16/2/20
18/2/20
20/2/20
22/2/20
24/2/20
26/2/20
28/2/20
1/3/20
3/3/20
5/3/20
7/3/20
9/3/20
11/3/20
13/3/20
15/3/20
17/3/20
19/3/20
21/3/20
23/3/20
25/3/20
27/3/20
29/3/20
31/3/20
Westfield – Search Volume
Source: Google Analytics, April 2020
Search terms for the shopping centre operator ‘Westfield’ have also sharply dropped since
March 14 – down 65% to 1 April 2020.
0
20
40
60
80
100
120
3/3/20 4/3/20 5/3/20 6/3/20 7/3/20 8/3/20 9/3/20 10/3/20 11/3/20 12/3/20 13/3/20 14/3/20 15/3/20 16/3/20 17/3/20 18/3/20 19/3/20 20/3/20 21/3/20 22/3/20 23/3/20 24/3/20 25/3/20 26/3/20 27/3/20 28/3/20 29/3/20 30/3/20 31/3/20 1/4/20
City movement – Traffic density
Source: ABC News, from Google, April 2020
Search terms for the shopping centre operator ‘Westfield’ have also sharply dropped since
March 14 – down 65% to 1 April 2020.
Melbourne Sydney
City movement – reduction in activities
Source: ABC News, from Google, April 2020
All activities are seeing drops aside residential time spent – significant in retail, recreation and transit.
•	 Events are postponed for the foreseeable future.
•	 SITG and T20 WC planned for October.
•	 Concert, sports, exhibitions, arts, theatre – off indefinitely.
•	 Ripples of current activity will impact sponsorship and events 		
	 through to mid 2021.
Sponsorship/Events - headlines
•	 Traffic is up.
•	 Demand down.
•	 Suitability is a nuanced consideration.
•	 Connectivity/social platforms seeing much higher
	 engagement (on top of already high engagement)
Addressable/Biddable - headlines
“For the first time in
history, you’re probably
going to have the
highest point of media
usage in the history of
the United States and
the lowest point of
advertising in the US.”
•	 News is more important than ever.
•	 Digital is best suited to deliver in real time.
•	 Expect significant reduction in print advertising in C20 –
	 likely to be a survival challenge for the sector
Print - headlines
Source: The Guardian, April 2020
Source: The Australian, April 2020
Source: AAPApril 2020
•	 Radio reporting consumption increases
•	 Spotify up approx. 15% according to company claims
•	 Podcasts continue to push mainstream.
•	 Audio likely to be an important source of companionship and 			
	 entertainment next 3 months.
Audio - headlines
FutureJuly 1 - onwards
Q420
Walk
Q121
Walk Fast
Q320
Crawl
Q420
Walk
Q121
Walk Fast
Q320
Crawl
•	Advertising will recover in line with consumer
confidence as well as citizen movement. Both are
inter-dependant.
•	Q3 will be softly softly approach … what to say,
when to say, how to say it, where to say it.
•	Home based media will continue to be up
on normal levels – TV, SVOD, social media,
communications
•	Ambient media will be dependent on citizen
movement.
•	Advertising will continue to be tactical and
immediate demand driven.
•	Q4 2019 was a big change in retail rhythm – Xmas
starting in October, retail peaking at Black Friday,
December seeing a pullback in advertising.
•	Q4 is biggest advertising/media quarter for every
format – out of home, retail, cinema in particular
rely on this for their year.
•	Q4 is really an unknown – all depends on how
much society returns to normal in terms of
movement, and in terms of appetite to purchase –
and how this impacts retail in particular.
•	Media will keep being tactical – Q4 is tactical
generally, dominated by retail and CPG … all
leading up to key moments across November and
December.
•	The tactical competition will be intense.
•	Beginning of the bounce
Adspend is unlikely
to return to pre
COVID levels before
end of CY2021
What changes will
we see from COVID?
Is it the role of advertisers to
fund the free media?
Who are the long term
beneficiaries of any
behavioural change? Non ad
funded media?
What channels and activities
don’t get turned back on?
What happened
during and post
GFC?
2009
2010
2021
Too early to call.
Likely to take
2-3 years to bounce
back from the losses
of 2020.
New
normal
Consolidation
Focus on
working media
Less annualising
Mandate on
efficacy
Flexibility
Questions.

More Related Content

Similar to Week 1 - Media Product Fundamentals

Digital News Report 2020
Digital News Report 2020Digital News Report 2020
ICSC NARTF Meeting Tech Talk
ICSC NARTF Meeting Tech TalkICSC NARTF Meeting Tech Talk
ICSC NARTF Meeting Tech Talk
Deborah Weinswig
 
Business Insider - NOAH15 Berlin
Business Insider - NOAH15 BerlinBusiness Insider - NOAH15 Berlin
Business Insider - NOAH15 Berlin
NOAH Advisors
 
Perceptions, Reality and Devolution
Perceptions, Reality and DevolutionPerceptions, Reality and Devolution
Perceptions, Reality and Devolution
Ipsos UK
 
COVID-19 // Media Consumption Report Vol.4 // Havas Media UK POV
COVID-19 // Media Consumption Report Vol.4 // Havas Media UK POVCOVID-19 // Media Consumption Report Vol.4 // Havas Media UK POV
COVID-19 // Media Consumption Report Vol.4 // Havas Media UK POV
Havas
 
COVID-19 // Italy POV Vol.9
COVID-19 // Italy POV Vol.9COVID-19 // Italy POV Vol.9
COVID-19 // Italy POV Vol.9
Havas
 
COVID-19 // Italy POV Vol.13
COVID-19 // Italy POV Vol.13COVID-19 // Italy POV Vol.13
COVID-19 // Italy POV Vol.13
Havas
 
Social media trends and audiences: March 2105
Social media trends  and audiences: March 2105Social media trends  and audiences: March 2105
Social media trends and audiences: March 2105
Bob Crawshaw
 
Stitcher report final_07062021
Stitcher report final_07062021Stitcher report final_07062021
Stitcher report final_07062021
Stitcher
 
COVID-19 // Italy POV Vol.17
COVID-19 // Italy POV Vol.17COVID-19 // Italy POV Vol.17
COVID-19 // Italy POV Vol.17
Havas
 
COVID-19 // Media Consumption Report Vol.2 // Havas Media UK POV
COVID-19 // Media Consumption Report Vol.2 // Havas Media UK POVCOVID-19 // Media Consumption Report Vol.2 // Havas Media UK POV
COVID-19 // Media Consumption Report Vol.2 // Havas Media UK POV
Havas
 
What Covid-19 meant for DRTV (JAA Media, Relay by Raw London)
What Covid-19 meant for DRTV (JAA Media, Relay by Raw London)What Covid-19 meant for DRTV (JAA Media, Relay by Raw London)
What Covid-19 meant for DRTV (JAA Media, Relay by Raw London)
Raw London
 
Feedsy Webinar August 2015
Feedsy Webinar August 2015Feedsy Webinar August 2015
Feedsy Webinar August 2015
Feedsy
 
Ipsos MORI End of Year Review of 2015
Ipsos MORI End of Year Review of 2015Ipsos MORI End of Year Review of 2015
Ipsos MORI End of Year Review of 2015
Ipsos UK
 
"Beyond the Bubble" - Conservative Party Conference 2015
"Beyond the Bubble" - Conservative Party Conference 2015"Beyond the Bubble" - Conservative Party Conference 2015
"Beyond the Bubble" - Conservative Party Conference 2015
Ipsos UK
 
Media Market Digest Jan-Sep'16
Media Market Digest Jan-Sep'16Media Market Digest Jan-Sep'16
Media Market Digest Jan-Sep'16
Zenith_Ukraine
 
COVID-19 // Media Consumption Report Vol.1 // Havas Media UK POV
COVID-19 // Media Consumption Report Vol.1 // Havas Media UK POVCOVID-19 // Media Consumption Report Vol.1 // Havas Media UK POV
COVID-19 // Media Consumption Report Vol.1 // Havas Media UK POV
Havas
 
Ipsos MORI Political Monitor - July 2015
Ipsos MORI Political Monitor - July 2015Ipsos MORI Political Monitor - July 2015
Ipsos MORI Political Monitor - July 2015
Ipsos UK
 
SlideShare ONS Economic Forum Slidepack - 17 July 2023.pptx
SlideShare ONS Economic Forum Slidepack - 17 July 2023.pptxSlideShare ONS Economic Forum Slidepack - 17 July 2023.pptx
SlideShare ONS Economic Forum Slidepack - 17 July 2023.pptx
MattBaker737276
 
Social media manipulation: algorithms, bots and computational propaganda
Social media manipulation: algorithms, bots and computational propagandaSocial media manipulation: algorithms, bots and computational propaganda
Social media manipulation: algorithms, bots and computational propaganda
Centre for Media Pluralism and Media Freedom
 

Similar to Week 1 - Media Product Fundamentals (20)

Digital News Report 2020
Digital News Report 2020Digital News Report 2020
Digital News Report 2020
 
ICSC NARTF Meeting Tech Talk
ICSC NARTF Meeting Tech TalkICSC NARTF Meeting Tech Talk
ICSC NARTF Meeting Tech Talk
 
Business Insider - NOAH15 Berlin
Business Insider - NOAH15 BerlinBusiness Insider - NOAH15 Berlin
Business Insider - NOAH15 Berlin
 
Perceptions, Reality and Devolution
Perceptions, Reality and DevolutionPerceptions, Reality and Devolution
Perceptions, Reality and Devolution
 
COVID-19 // Media Consumption Report Vol.4 // Havas Media UK POV
COVID-19 // Media Consumption Report Vol.4 // Havas Media UK POVCOVID-19 // Media Consumption Report Vol.4 // Havas Media UK POV
COVID-19 // Media Consumption Report Vol.4 // Havas Media UK POV
 
COVID-19 // Italy POV Vol.9
COVID-19 // Italy POV Vol.9COVID-19 // Italy POV Vol.9
COVID-19 // Italy POV Vol.9
 
COVID-19 // Italy POV Vol.13
COVID-19 // Italy POV Vol.13COVID-19 // Italy POV Vol.13
COVID-19 // Italy POV Vol.13
 
Social media trends and audiences: March 2105
Social media trends  and audiences: March 2105Social media trends  and audiences: March 2105
Social media trends and audiences: March 2105
 
Stitcher report final_07062021
Stitcher report final_07062021Stitcher report final_07062021
Stitcher report final_07062021
 
COVID-19 // Italy POV Vol.17
COVID-19 // Italy POV Vol.17COVID-19 // Italy POV Vol.17
COVID-19 // Italy POV Vol.17
 
COVID-19 // Media Consumption Report Vol.2 // Havas Media UK POV
COVID-19 // Media Consumption Report Vol.2 // Havas Media UK POVCOVID-19 // Media Consumption Report Vol.2 // Havas Media UK POV
COVID-19 // Media Consumption Report Vol.2 // Havas Media UK POV
 
What Covid-19 meant for DRTV (JAA Media, Relay by Raw London)
What Covid-19 meant for DRTV (JAA Media, Relay by Raw London)What Covid-19 meant for DRTV (JAA Media, Relay by Raw London)
What Covid-19 meant for DRTV (JAA Media, Relay by Raw London)
 
Feedsy Webinar August 2015
Feedsy Webinar August 2015Feedsy Webinar August 2015
Feedsy Webinar August 2015
 
Ipsos MORI End of Year Review of 2015
Ipsos MORI End of Year Review of 2015Ipsos MORI End of Year Review of 2015
Ipsos MORI End of Year Review of 2015
 
"Beyond the Bubble" - Conservative Party Conference 2015
"Beyond the Bubble" - Conservative Party Conference 2015"Beyond the Bubble" - Conservative Party Conference 2015
"Beyond the Bubble" - Conservative Party Conference 2015
 
Media Market Digest Jan-Sep'16
Media Market Digest Jan-Sep'16Media Market Digest Jan-Sep'16
Media Market Digest Jan-Sep'16
 
COVID-19 // Media Consumption Report Vol.1 // Havas Media UK POV
COVID-19 // Media Consumption Report Vol.1 // Havas Media UK POVCOVID-19 // Media Consumption Report Vol.1 // Havas Media UK POV
COVID-19 // Media Consumption Report Vol.1 // Havas Media UK POV
 
Ipsos MORI Political Monitor - July 2015
Ipsos MORI Political Monitor - July 2015Ipsos MORI Political Monitor - July 2015
Ipsos MORI Political Monitor - July 2015
 
SlideShare ONS Economic Forum Slidepack - 17 July 2023.pptx
SlideShare ONS Economic Forum Slidepack - 17 July 2023.pptxSlideShare ONS Economic Forum Slidepack - 17 July 2023.pptx
SlideShare ONS Economic Forum Slidepack - 17 July 2023.pptx
 
Social media manipulation: algorithms, bots and computational propaganda
Social media manipulation: algorithms, bots and computational propagandaSocial media manipulation: algorithms, bots and computational propaganda
Social media manipulation: algorithms, bots and computational propaganda
 

More from Ben Shepherd

Share of Search and Market Share - Ben Shepherd
Share of Search and Market Share - Ben ShepherdShare of Search and Market Share - Ben Shepherd
Share of Search and Market Share - Ben Shepherd
Ben Shepherd
 
MPF Week 1 b
MPF  Week 1 bMPF  Week 1 b
MPF Week 1 b
Ben Shepherd
 
Week 8 - Creative briefing for media
Week 8 - Creative briefing for mediaWeek 8 - Creative briefing for media
Week 8 - Creative briefing for media
Ben Shepherd
 
Week 7 - Maximising Value and Removing Waste in Media
Week 7 - Maximising Value and Removing Waste in MediaWeek 7 - Maximising Value and Removing Waste in Media
Week 7 - Maximising Value and Removing Waste in Media
Ben Shepherd
 
Week 6 - Media Negotiation
Week 6 - Media NegotiationWeek 6 - Media Negotiation
Week 6 - Media Negotiation
Ben Shepherd
 
Week 5 - Media Briefing
Week 5 - Media BriefingWeek 5 - Media Briefing
Week 5 - Media Briefing
Ben Shepherd
 
Week 4 - Media Focus and Effectiveness
Week 4 - Media Focus and EffectivenessWeek 4 - Media Focus and Effectiveness
Week 4 - Media Focus and Effectiveness
Ben Shepherd
 
Week 3 - Media Realisation
Week 3 - Media RealisationWeek 3 - Media Realisation
Week 3 - Media Realisation
Ben Shepherd
 
Week 2 - Identifying The Problem
Week 2 - Identifying The ProblemWeek 2 - Identifying The Problem
Week 2 - Identifying The Problem
Ben Shepherd
 

More from Ben Shepherd (9)

Share of Search and Market Share - Ben Shepherd
Share of Search and Market Share - Ben ShepherdShare of Search and Market Share - Ben Shepherd
Share of Search and Market Share - Ben Shepherd
 
MPF Week 1 b
MPF  Week 1 bMPF  Week 1 b
MPF Week 1 b
 
Week 8 - Creative briefing for media
Week 8 - Creative briefing for mediaWeek 8 - Creative briefing for media
Week 8 - Creative briefing for media
 
Week 7 - Maximising Value and Removing Waste in Media
Week 7 - Maximising Value and Removing Waste in MediaWeek 7 - Maximising Value and Removing Waste in Media
Week 7 - Maximising Value and Removing Waste in Media
 
Week 6 - Media Negotiation
Week 6 - Media NegotiationWeek 6 - Media Negotiation
Week 6 - Media Negotiation
 
Week 5 - Media Briefing
Week 5 - Media BriefingWeek 5 - Media Briefing
Week 5 - Media Briefing
 
Week 4 - Media Focus and Effectiveness
Week 4 - Media Focus and EffectivenessWeek 4 - Media Focus and Effectiveness
Week 4 - Media Focus and Effectiveness
 
Week 3 - Media Realisation
Week 3 - Media RealisationWeek 3 - Media Realisation
Week 3 - Media Realisation
 
Week 2 - Identifying The Problem
Week 2 - Identifying The ProblemWeek 2 - Identifying The Problem
Week 2 - Identifying The Problem
 

Recently uploaded

Adapt or Die - Jon Lakefish, Lakefish Group LLC
Adapt or Die - Jon Lakefish, Lakefish Group LLCAdapt or Die - Jon Lakefish, Lakefish Group LLC
The New Era Of SEO - How AI Has Changed SEO Forever - Danny Leibrandt
The New Era Of SEO - How AI Has Changed SEO Forever - Danny LeibrandtThe New Era Of SEO - How AI Has Changed SEO Forever - Danny Leibrandt
The New Era Of SEO - How AI Has Changed SEO Forever - Danny Leibrandt
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
Playlist and Paint Event with Sony Music U
Playlist and Paint Event with Sony Music UPlaylist and Paint Event with Sony Music U
Playlist and Paint Event with Sony Music U
SemajahParker
 
The Old Oak - Press Kit - Cannes Film Festival 2023
The Old Oak - Press Kit - Cannes Film Festival 2023The Old Oak - Press Kit - Cannes Film Festival 2023
The Old Oak - Press Kit - Cannes Film Festival 2023
Pascal Fintoni
 
How to use Short Form Video To Grow Your Brand and Business - Keenya Kelly
How to use Short Form Video To Grow Your Brand and Business - Keenya KellyHow to use Short Form Video To Grow Your Brand and Business - Keenya Kelly
How to use Short Form Video To Grow Your Brand and Business - Keenya Kelly
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
BLOOM_May2024 (r). Balmer Lawrie Online Monthly Bulletin
BLOOM_May2024 (r). Balmer Lawrie Online Monthly BulletinBLOOM_May2024 (r). Balmer Lawrie Online Monthly Bulletin
BLOOM_May2024 (r). Balmer Lawrie Online Monthly Bulletin
BalmerLawrie
 
Unknown to Unforgettable - The Art and Science to Being Irresistible on Camer...
Unknown to Unforgettable - The Art and Science to Being Irresistible on Camer...Unknown to Unforgettable - The Art and Science to Being Irresistible on Camer...
Unknown to Unforgettable - The Art and Science to Being Irresistible on Camer...
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
Generative AI - Unleash Creative Opportunity - Peter Weltman
Generative AI - Unleash Creative Opportunity - Peter WeltmanGenerative AI - Unleash Creative Opportunity - Peter Weltman
Generative AI - Unleash Creative Opportunity - Peter Weltman
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
SEO as the Backbone of Digital Marketing
SEO as the Backbone of Digital MarketingSEO as the Backbone of Digital Marketing
SEO as the Backbone of Digital Marketing
Felipe Bazon
 
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel LeminTurn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
The New Era Of SEO - How AI Has Changed SEO Forever - Danny Leibrandt
The New Era Of SEO - How AI Has Changed SEO Forever - Danny LeibrandtThe New Era Of SEO - How AI Has Changed SEO Forever - Danny Leibrandt
The New Era Of SEO - How AI Has Changed SEO Forever - Danny Leibrandt
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
DMF Portfolio Piece Smart Goals - Artist Management.docx
DMF Portfolio Piece Smart Goals - Artist Management.docxDMF Portfolio Piece Smart Goals - Artist Management.docx
DMF Portfolio Piece Smart Goals - Artist Management.docx
TravisMalana
 
Top 3 Ways to Align Sales and Marketing Teams for Rapid Growth
Top 3 Ways to Align Sales and Marketing Teams for Rapid GrowthTop 3 Ways to Align Sales and Marketing Teams for Rapid Growth
Top 3 Ways to Align Sales and Marketing Teams for Rapid Growth
Demandbase
 
BLOOM_May2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_May2024. Balmer Lawrie Online Monthly BulletinBLOOM_May2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_May2024. Balmer Lawrie Online Monthly Bulletin
BalmerLawrie
 
Unlocking Everyday Narratives: The Power of Storytelling in Marketing - Chad...
Unlocking Everyday Narratives: The Power of Storytelling in Marketing  - Chad...Unlocking Everyday Narratives: The Power of Storytelling in Marketing  - Chad...
Unlocking Everyday Narratives: The Power of Storytelling in Marketing - Chad...
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
My Personal Brand Exploration by Mariano
My Personal Brand Exploration by MarianoMy Personal Brand Exploration by Mariano
My Personal Brand Exploration by Mariano
marianooscos
 
Digital Strategy Master Class - Andrew Rupert
Digital Strategy Master Class - Andrew RupertDigital Strategy Master Class - Andrew Rupert
De-risk Your Digital Evolution - Hannah Grap
De-risk Your Digital Evolution - Hannah GrapDe-risk Your Digital Evolution - Hannah Grap
Offissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdf
Offissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdfOffissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdf
Offissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdf
offisadizayn
 
15 ideas and frameworks on the art of storytelling
15 ideas and frameworks on the art of storytelling15 ideas and frameworks on the art of storytelling
15 ideas and frameworks on the art of storytelling
Aatir Abdul Rauf
 

Recently uploaded (20)

Adapt or Die - Jon Lakefish, Lakefish Group LLC
Adapt or Die - Jon Lakefish, Lakefish Group LLCAdapt or Die - Jon Lakefish, Lakefish Group LLC
Adapt or Die - Jon Lakefish, Lakefish Group LLC
 
The New Era Of SEO - How AI Has Changed SEO Forever - Danny Leibrandt
The New Era Of SEO - How AI Has Changed SEO Forever - Danny LeibrandtThe New Era Of SEO - How AI Has Changed SEO Forever - Danny Leibrandt
The New Era Of SEO - How AI Has Changed SEO Forever - Danny Leibrandt
 
Playlist and Paint Event with Sony Music U
Playlist and Paint Event with Sony Music UPlaylist and Paint Event with Sony Music U
Playlist and Paint Event with Sony Music U
 
The Old Oak - Press Kit - Cannes Film Festival 2023
The Old Oak - Press Kit - Cannes Film Festival 2023The Old Oak - Press Kit - Cannes Film Festival 2023
The Old Oak - Press Kit - Cannes Film Festival 2023
 
How to use Short Form Video To Grow Your Brand and Business - Keenya Kelly
How to use Short Form Video To Grow Your Brand and Business - Keenya KellyHow to use Short Form Video To Grow Your Brand and Business - Keenya Kelly
How to use Short Form Video To Grow Your Brand and Business - Keenya Kelly
 
BLOOM_May2024 (r). Balmer Lawrie Online Monthly Bulletin
BLOOM_May2024 (r). Balmer Lawrie Online Monthly BulletinBLOOM_May2024 (r). Balmer Lawrie Online Monthly Bulletin
BLOOM_May2024 (r). Balmer Lawrie Online Monthly Bulletin
 
Unknown to Unforgettable - The Art and Science to Being Irresistible on Camer...
Unknown to Unforgettable - The Art and Science to Being Irresistible on Camer...Unknown to Unforgettable - The Art and Science to Being Irresistible on Camer...
Unknown to Unforgettable - The Art and Science to Being Irresistible on Camer...
 
Generative AI - Unleash Creative Opportunity - Peter Weltman
Generative AI - Unleash Creative Opportunity - Peter WeltmanGenerative AI - Unleash Creative Opportunity - Peter Weltman
Generative AI - Unleash Creative Opportunity - Peter Weltman
 
SEO as the Backbone of Digital Marketing
SEO as the Backbone of Digital MarketingSEO as the Backbone of Digital Marketing
SEO as the Backbone of Digital Marketing
 
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel LeminTurn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
 
The New Era Of SEO - How AI Has Changed SEO Forever - Danny Leibrandt
The New Era Of SEO - How AI Has Changed SEO Forever - Danny LeibrandtThe New Era Of SEO - How AI Has Changed SEO Forever - Danny Leibrandt
The New Era Of SEO - How AI Has Changed SEO Forever - Danny Leibrandt
 
DMF Portfolio Piece Smart Goals - Artist Management.docx
DMF Portfolio Piece Smart Goals - Artist Management.docxDMF Portfolio Piece Smart Goals - Artist Management.docx
DMF Portfolio Piece Smart Goals - Artist Management.docx
 
Top 3 Ways to Align Sales and Marketing Teams for Rapid Growth
Top 3 Ways to Align Sales and Marketing Teams for Rapid GrowthTop 3 Ways to Align Sales and Marketing Teams for Rapid Growth
Top 3 Ways to Align Sales and Marketing Teams for Rapid Growth
 
BLOOM_May2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_May2024. Balmer Lawrie Online Monthly BulletinBLOOM_May2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_May2024. Balmer Lawrie Online Monthly Bulletin
 
Unlocking Everyday Narratives: The Power of Storytelling in Marketing - Chad...
Unlocking Everyday Narratives: The Power of Storytelling in Marketing  - Chad...Unlocking Everyday Narratives: The Power of Storytelling in Marketing  - Chad...
Unlocking Everyday Narratives: The Power of Storytelling in Marketing - Chad...
 
My Personal Brand Exploration by Mariano
My Personal Brand Exploration by MarianoMy Personal Brand Exploration by Mariano
My Personal Brand Exploration by Mariano
 
Digital Strategy Master Class - Andrew Rupert
Digital Strategy Master Class - Andrew RupertDigital Strategy Master Class - Andrew Rupert
Digital Strategy Master Class - Andrew Rupert
 
De-risk Your Digital Evolution - Hannah Grap
De-risk Your Digital Evolution - Hannah GrapDe-risk Your Digital Evolution - Hannah Grap
De-risk Your Digital Evolution - Hannah Grap
 
Offissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdf
Offissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdfOffissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdf
Offissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdf
 
15 ideas and frameworks on the art of storytelling
15 ideas and frameworks on the art of storytelling15 ideas and frameworks on the art of storytelling
15 ideas and frameworks on the art of storytelling
 

Week 1 - Media Product Fundamentals

  • 1. O N E S T E P A H E A D Welcome We will be starting the session at 12:30 EST. There is no sound at the moment. All participants will be muted throughout the session, so please use the chat function in the bottom of the screen to communicate – private and public messaging is available. We will do our best to respond to questions in the session, but please feel free to email onestepahead@cheproximity.com.au for any additional information afterwards.
  • 2. W H O I S P R E S E N T I N G ? Presenter Ben Shepherd Chief Media Officer
  • 3. Past/Present/Future The media implications of the current environment
  • 4. O N E S T E P A H E A D What we will be covering today Past Present Future The Comfortable Normalcy of a sluggish economy Jan 1 - March 11 Alert > Alarmed to Alarmed > Alert March 12 – June 30 Adjustment and Adapting July 1 - onwards
  • 6. “What’s going on in China?” “Now Wuhan is in lockdown – WTF?” The first Australian case “What’s the fuss, isn’t it just like the flu?” “I can’t get toilet paper – how crazy!” “Work have asked us to work from home.” “This is really serious … “
  • 8. I N R E L A T I O N T O M E D I A Where have we been? Where are we now? Where are we going?
  • 9. Past.January 1 - March 11
  • 10. T H E M E O N E Media consumption retained the same main headlines as 2019 Continued growth of SVOD. TV consumption in decline. Digital remains ubiquitous. 1 2 3
  • 11. T H E M E O N E And like 2019, the ad market was in recession across January and February Source: Mumbrella, March 2020
  • 16.
  • 17.
  • 18. NBA MLB NHL EPL CHAMPIONS LEAGUE SUPER RUGBY F1 GRAND PRIX OLYMPICS WIMBLEDON
  • 19. Cancellations of events Restrictions of movement 100-200% increase in Coronavirus search intent Media consumption remained as normal Foot traffic saw small immaterial declines Alert not alarmed Phase 2.1: March 12-16
  • 21. Limited restrictions Footy Search interest declines TV consumption up 10-20% Foot traffic down 25-35% Retail, automotive, discretionary categories all bracing Alert or alarmed? Phase 2.2: March 17-22
  • 22.
  • 23.
  • 24. Morrison changed the tone 9pm Sunday 22 March Footy gone Search interest spikes TV consumption up 10-20% Foot traffic down 70%+ Road traffic down 30%+ Alarmed. Phase 2.3: March 22-March 30
  • 25. Source: Roy Morgan, April 2020
  • 26. Source: Roy Morgan, April 2020 0 20 40 60 80 100 120 1 2 3 4 5 6 7 8 9 10 11 12 13 2020 March 8
  • 27. 0 20 40 60 80 100 120 140 January February March April May June July August September October November December Roy Morgan Consumer Confidence average by month – 2008/2009 2009 2008 Rudd stimulus 2009 We are here 2020 Lehman 2008 Auto bailout 2008 Bank bailout 2008
  • 28. Centrelink search volume Source: Google Analytics, April 2020 As economic reprocussions hit fast, Centrelink search volume had a one day increase of 1000% on 22nd March, after steadily rising across March
  • 29. Where are we now?
  • 30. A new world of considerations Reduced movement Increased home time No travel/events/ shared experience Confusion and uncertainty Rise in unemployment
  • 31. Reduced movement Media channel recalibration. Increased TV consumption. Many. advertising messages seem incongruent. Impact is affected. Reduced discretionary spend. Increased home time No travel/events/ shared experience Confusion and uncertainty Rise in unemployment A new world of considerations
  • 32. • TV viewership is up across all demos. • +35 much higher than -35. • News programming is dominating. • Programming production has been affected – huge flow on affects to TV in H2. • SVOD consumption so high its breaking the NBN. • BVOD seeing high single digit increases since increased social restrictions. Video - headlines
  • 33. Linear TV is increasing in terms of hourly consumption Source: Oztam, March 2020 For 35+, an increase throughout the day and into the evening. Under 35’s remain steady. This bucks years of downward trends on live viewing.
  • 34. Netflix, Stan – Search Volume Source: Google Analytics, April 2020 Last weekend saw Netflix reach its highest search volumes in the last 5 years in Australia. Stan has also seen a 60-80% increase in search volume over the past month, as SVOD services capture an even greater share of TV eyeballs. 0 20 40 60 80 100 120 3/3/20 4/3/20 5/3/20 6/3/20 7/3/20 8/3/20 9/3/20 10/3/20 11/3/20 12/3/20 13/3/20 14/3/20 15/3/20 16/3/20 17/3/20 18/3/20 19/3/20 20/3/20 21/3/20 22/3/20 23/3/20 24/3/20 25/3/20 26/3/20 27/3/20 28/3/20 29/3/20 30/3/20 31/3/20 1/4/20 netflix: (Australia) Stan: (Australia)
  • 35. 9Now, 7Plus, Tenplay – Search Volume Source: Google Analytics, April 2020 Queries for the main BVOD services are up and down – no clear trends evident in search volume. However, Oztam VPM data shows 10-15% increases in BVOD usage. 0 20 40 60 80 100 120 3/3/20 4/3/20 5/3/20 6/3/20 7/3/20 8/3/20 9/3/20 10/3/2011/3/2012/3/2013/3/2014/3/2015/3/2016/3/2017/3/2018/3/2019/3/2020/3/2021/3/2022/3/2023/3/2024/3/2025/3/2026/3/2027/3/2028/3/2029/3/2030/3/2031/3/20 1/4/20 9Now: (Australia) 7Plus: (Australia) tenplay: (Australia)
  • 36. BVOD sees 30% increase in 3 week period Source: Oztam, April 2020 BVOD consumption as measured by Oztam increased dramatically week on week from March 14 onwards.
  • 37. • It’s a wait and watch situation for the next 3-6 months. • Retail – impacted. • Transit – impacted. • Airport – impacted. • Large Format – impacted. • Street Furniture – impacted. • Out of Home likely to go backwards 30% in CY20, recover in 21 Out of Home - headlines
  • 38. Train Timetable – Search Volume (90 days) Source: Google Analytics, April 2020 Train timetable search volume an average was consistent from January to the start of March, however it has dropped 75-85% since then as less and less people move about in public. 0 20 40 60 80 100 120 3/1/20 5/1/20 7/1/20 9/1/20 11/1/20 13/1/20 15/1/20 17/1/20 19/1/20 21/1/20 23/1/20 25/1/20 27/1/20 29/1/20 31/1/20 2/2/20 4/2/20 6/2/20 8/2/20 10/2/20 12/2/20 14/2/20 16/2/20 18/2/20 20/2/20 22/2/20 24/2/20 26/2/20 28/2/20 1/3/20 3/3/20 5/3/20 7/3/20 9/3/20 11/3/20 13/3/20 15/3/20 17/3/20 19/3/20 21/3/20 23/3/20 25/3/20 27/3/20 29/3/20 31/3/20
  • 39. Westfield – Search Volume Source: Google Analytics, April 2020 Search terms for the shopping centre operator ‘Westfield’ have also sharply dropped since March 14 – down 65% to 1 April 2020. 0 20 40 60 80 100 120 3/3/20 4/3/20 5/3/20 6/3/20 7/3/20 8/3/20 9/3/20 10/3/20 11/3/20 12/3/20 13/3/20 14/3/20 15/3/20 16/3/20 17/3/20 18/3/20 19/3/20 20/3/20 21/3/20 22/3/20 23/3/20 24/3/20 25/3/20 26/3/20 27/3/20 28/3/20 29/3/20 30/3/20 31/3/20 1/4/20
  • 40. City movement – Traffic density Source: ABC News, from Google, April 2020 Search terms for the shopping centre operator ‘Westfield’ have also sharply dropped since March 14 – down 65% to 1 April 2020. Melbourne Sydney
  • 41. City movement – reduction in activities Source: ABC News, from Google, April 2020 All activities are seeing drops aside residential time spent – significant in retail, recreation and transit.
  • 42. • Events are postponed for the foreseeable future. • SITG and T20 WC planned for October. • Concert, sports, exhibitions, arts, theatre – off indefinitely. • Ripples of current activity will impact sponsorship and events through to mid 2021. Sponsorship/Events - headlines
  • 43. • Traffic is up. • Demand down. • Suitability is a nuanced consideration. • Connectivity/social platforms seeing much higher engagement (on top of already high engagement) Addressable/Biddable - headlines
  • 44. “For the first time in history, you’re probably going to have the highest point of media usage in the history of the United States and the lowest point of advertising in the US.”
  • 45. • News is more important than ever. • Digital is best suited to deliver in real time. • Expect significant reduction in print advertising in C20 – likely to be a survival challenge for the sector Print - headlines
  • 46. Source: The Guardian, April 2020
  • 49. • Radio reporting consumption increases • Spotify up approx. 15% according to company claims • Podcasts continue to push mainstream. • Audio likely to be an important source of companionship and entertainment next 3 months. Audio - headlines
  • 50. FutureJuly 1 - onwards
  • 52. Q420 Walk Q121 Walk Fast Q320 Crawl • Advertising will recover in line with consumer confidence as well as citizen movement. Both are inter-dependant. • Q3 will be softly softly approach … what to say, when to say, how to say it, where to say it. • Home based media will continue to be up on normal levels – TV, SVOD, social media, communications • Ambient media will be dependent on citizen movement. • Advertising will continue to be tactical and immediate demand driven. • Q4 2019 was a big change in retail rhythm – Xmas starting in October, retail peaking at Black Friday, December seeing a pullback in advertising. • Q4 is biggest advertising/media quarter for every format – out of home, retail, cinema in particular rely on this for their year. • Q4 is really an unknown – all depends on how much society returns to normal in terms of movement, and in terms of appetite to purchase – and how this impacts retail in particular. • Media will keep being tactical – Q4 is tactical generally, dominated by retail and CPG … all leading up to key moments across November and December. • The tactical competition will be intense. • Beginning of the bounce
  • 53. Adspend is unlikely to return to pre COVID levels before end of CY2021
  • 54. What changes will we see from COVID?
  • 55. Is it the role of advertisers to fund the free media? Who are the long term beneficiaries of any behavioural change? Non ad funded media? What channels and activities don’t get turned back on?
  • 56.
  • 58. 2009
  • 59. 2010
  • 60. 2021 Too early to call. Likely to take 2-3 years to bounce back from the losses of 2020.
  • 61. New normal Consolidation Focus on working media Less annualising Mandate on efficacy Flexibility