Archive for the ‘DRTV Creative’ Category
DRTV Can Serve as Virtual Pop-up Store This Holiday Season
Wednesday, July 27th, 2011
Traditional retailers know that in order to succeed, they need to locate their stores in targeted high-traffic areas. And many marketers rely on this distribution to drive sales. But imagine being able to quickly and easily change these locations based on your products’ sales volume and seasonality. It sounds too good to be true. But there is a way to ride the wave of high-traffic visibility without the cost and restrictions of brick-and-mortar retail: DRTV.
To put this in better context, consider the increasing popularity of pop-up stores. Many retailers have embraced the pop-up store during the holidays as a way to add flexibility and expand reach in order to take advantage of seasonality. The concept here is to offer a selection of popular products in smaller stores located in high-traffic shopping areas. These additional locations will also increase visibility for a retailer, and create a residual lift for their permanent retail locations and e-commerce platform. DRTV can have a similar impact. But it isn’t limited to traditional retailers.
E-commerce Opens Doors; DRTV Makes the Sale
As a marketer, if you have an e-commerce platform, you have a virtual store. Like most brick and mortar stores, it is a fixed location and relies on consumers to find it. Most e-commerce marketers rely on brand advertising support to create a buzz and drive high-volume traffic. Other than that, traffic is driven in lower quantities via targeted digital tactics like search and display advertising. But in most cases, none of these tactics are actually selling any product. For e-commerce, a DRTV commercial (:60 or :120) can serve as a virtual pop-up store, presenting your products for sale to a mass audience in the targeted high-traffic environment of television.
In a pop-up store, you can learn more about the specific products, and there are sales people on hand to convert the sale. A DRTV commercial can do these same things as an extension of your web site. And in the process, generate accountable revenue. But unlike a retail location, with DRTV you don’t have the commitment of a lease. Sure, the cost of creative production can be seen as a fixed cost similar to the cost to build-out, stock, and set-up a temporary retail location. But the media is flexible and accountable, so it can be optimized based on performance. And that is a big advantage.
It’s Time to Consider DRTV in Holiday 2011 Planning
It is easy for traditional marketers to overlook DRTV, because they are not familiar with its ability to deliver across several objectives: awareness, education, direct sales, and retail support. And prior to the development of their e-commerce platforms, most marketers didn’t have a way to efficiently fulfill sales directly to the consumer. But it is now time to take another look.
If you have the means to sell product directly to consumers, then DRTV is your virtual pop-up store. It is a two-pronged tactic that can increase retail sales and generate direct sales that will, at the very least, help fund your marketing costs. And if successful, it will produce an entirely new revenue stream. Given this potential up-side, don’t be surprised to see new DRTV campaigns unwrapped this coming holiday season.
Rob Schmidt is an Account Supervisor at A. Eicoff & Co., one of North America’s largest DRTV agencies.
The Increasing Use of Short-Form DRTV
Monday, September 20th, 2010
According to recent reports, the use of 15-second commercials by the pharmaceutical industry is on the rise. However, the use of short-form DRTV commercials (2-minute & 60-second length spots) is increasing as well. Before a company decides to implement 15-second commercials as part of a campaign, companies should always consider using DRTV to build brand awareness, improve cost effectiveness and increase accountability.
A recent article by Jack Neff in Advertising Age questions the shift toward 15-second commercials and their effectiveness. He believes pharmaceutical companies are using 15-second commercials as a means of cutting costs, but sacrificing brand building and effectiveness. The following are a few excerpts from the article:
We’ve all heard it: The 30-second spot is dying, with penny-pinching procurement practices driving the final nail in its coffin… While it may be a prescription for cost cutting, the shift to 15s is having nasty side effects.
“People are making decisions on going from 30s to 15s recently, I think, purely driven by cost vs. is that absolutely the right thing?” said Lakish Hatalkar, head of integrated marketing communications, package design and innovation for Novartis.
“The companies that live and die by their advertising are stretching their budgets with 15s, and frankly there’s a lot for them to learn,” said Ameritest CEO Charles Young. “It’s an awfully short form for creatives to work with. If it devolves into simply reminder advertising, you’re not building brands. You need to bring emotion and news value to those brands.”
Compared to general 15-second commercials, DRTV 2-minute and 60-second commercials build brands, convey more information and often receive lower rates than station rate cards. DRTV commercials also use a unique 800 phone number and/or a unique URL, in order to track the effectiveness and accountability of a campaign.
Companies large and small, Fortune 500 to pharmaceutical companies, have realized the effectiveness of DRTV and the numbers back it up. Short-form DRTV campaigns increased 21.9% from 1st quarter 2009 to 1st quarter 2010 and the pharmaceutical industry remains the largest player in DRTV with almost $400 million spent in 1st quarter 2010. The following charts from Response Magazine shows the increased use of short-form DRTV campaigns in recent quarters, as well as the largest users of DRTV by industry:
Quotes and graphs from:
http://adage.com/mediaworks/article?article_id=145852
Adam Poll is an Assistant Account Executive at A. Eicoff & Co., one of North America’s largest DRTV agencies.
Building Value Takes Longer Than 30 Seconds
Thursday, April 1st, 2010
What motivates a person to buy a product? Without getting into discussions on supply and demand, it all comes down to one word: value.
“What does this product mean to me?”
“Why should I choose this product over that one?”
“And why should I pay that much?”
As a marketer, you’d better have convincing answers to all these questions. But telling your product’s whole story and overcoming barriers to purchase, all within the confines of a fleeting, 30-second commercial, is a tall order.
Enter, DRTV.
DRTV’s longer format – 60 seconds to a full two minutes – allows you to build value, which, not surprisingly, has to happen before a sale is going to occur. A longer format commercial is perfect for effective storytelling. It strikes up a longer conversation, and it engages the target with more compelling illustrations. It educates consumers about your product or service. It can identify problems, and pose solutions. These spots don’t just allude to product features, they can explain and even demonstrate the benefits and advantages the target will experience. All this builds value with every passing second.
More compelling stories build greater value. As value increases, the issue of price decreases. When you reach critical value, the barriers to purchase crumble. And a sale is made.
Lest you conclude that DRTV is the realm of the slicers and dicers and kitchen magicians, none other than David Ogilvy has proclaimed that direct response was his first love, and later it became his secret weapon. See for yourself.
Jim Madsen is a Copywriter at A. Eicoff & Co., one of North America’s largest DRTV agencies.
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