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Narrowcazter technology: Making
internet ads strike the right target
Kolkata, June 5, 2001
Concept
"I know half of my advertisement
is wasted but I don't know which half": An oft-heard quote at Madison
Avenue, New York. Not anymore. Advertisers
traditionally have been broadcasting their advertisements over press
and television. This has often resulted in an anti-wrinkle cream advertisement
being seen by 16-year-olds, male and female. The waste is there for
everybody to see.
Caltiger brings to the advertising
industry a very potent communications concept 'Narrowcazter'. Narrowcazter
is a very powerful medium aimed at eliminating the 50 per cent wastage
of advertising and target the ads only at people for whom the product
is useful and has a value proposition. This increases the effectiveness
of advertisements, a key concern for all media buyers.
Technology
Narrowcazter is a revolutionary system,
which is totally self-provisioned and gives advertisers unprecedented
control.
Advertisers can log on to the system
using their unique login name and password, choose the target profile,
upload the advertisements and pay online. The system delivers advertisements
on a real time basis and also reports effectiveness by location, SEC,
gender, MHI and a host of other demographic and psychographic parameters.
Advertisers have the convenience of changing the creative line of the
advertisement as and when they choose and all this at the click of a
button. Narrowcazter is convenience personified.
Real-time advertisement upload
by the advertiser
Profile targeting can be done on
the basis of location (Prithvi), time of day and day of week (Patriot),
age, gender, MHI, SEC and also such advanced parameter viz. TV, cars,
two wheelers, refrigerators and credit card ownership (Tomahawk), and
also has the option of stinging the competitors website (url targeting
- Stinger). Advertisers may choose to do no targeting at all and fire
his ads at everybody who logs on to the net (Agni).
The high amount of narrowcasting
ensures minimum wastage and practically no spill over.
Why Narrowcazter?
Narrowcazter as a concept and a technology
is invaluable to the advertisers. Here are some of the reasons for advertisers
to latch on to it:
- Your target audience is captive
- The subscriber surfs and does nothing else while he is surfing.
There is no zip zapping of channels as in TV.
- Your advertisement chases the
target - Targeting is done based on user profile and not on the content
of the site. So anywhere on the net the surfer with a particular profile
goes, the ad banners chases him.
- Your advertisement is interactive
- Target audience can watch the advertisements and can immediately
respond to it. The response can be in terms of e-commerce, suggestions
/ queries directly to the brand executives or even something as interesting
as solving quizzes and playing games.
- You can have differential OTS
for different targets - Targeting is so well defined that we can even
assign different OTS for different target groups.
- Extremely cost effective - Since
the advertisement is highly focused and targeted, it saves the cost
of run of site advertisement.
- You can intervene in the “moment
of truth” - We know exactly when the surfer is about to purchase goods
and immediately can start promoting a particular brand in that product
category.
- Persistent adbar - Irrespective
of the site you are browsing, the adbar remains on top. This ensures
that ad banners always remain on top of all open windows and is not
affected by horizontal or vertical scrolling.
- Persistent banner - Banners
on Caltiger network are not affected by the status of page being downloaded
and a blank screen being shown. The banners still keep flashing to
the targeted profile.
- Size of banner - Most of the
portals put a small size banner on their homepage (234X60 pixels).
Caltiger has a banner size of 468X60 pixels, which immediately catches
attention thereby making it a much more effective communication medium.
Content-based advertisement Vs
Network-Based Advertisement
There are broadly two types of advertisements
possible on Internet
i) Content-based
ii) Network-based
The difference between the two types
of advertising is substantial:
a) Content-based advertising talks
to the surfers on a particular website.
Network based advertising escorts
the surfer through the various sites.
b) Content-based advertising is more
like a TV ad where advertisement is placed in the hope that a specified
profile of people would watch that particular program.
Network based advertising exactly
knows the profile of the surfer coming online and starts showing relevant
and focused advertising.
c) On an average, a surfer spends
roughly 5 minutes on any portal, which means the banners have to be
of maximum 1 minute duration.
The surfer spends on an average
30 minutes per session on the network and hence the messages can be
persistent and effective.
d) While scanning through numerous
sites, the advertisements may not cross the threshold OTS for the surfer,
so essential for registering the message.
On a Network, you have plenty of
time to drive home the message.
e) Content-based advertising is not
aware of the total profile of the surfer and hence there is a likelihood
of large wastage of advertising spent
Network-based advertising knows the
exact demographic and psychographic profile of the surfer and hence
can do very sophisticated level of targeting.
Online Real-time effectiveness
Reports
Narrowcazter gives advertising on
Internet a whole new meaning. It throws open the doors to such sophisticated
levels of communication that was hitherto unimaginable. The opportunity
is immense and makes sense to any brand manager who values his ROI on
advertising.
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