November 22, 2012
In less than two weeks, BIA/Kelsey is organizing its ILM (stands for Interactive Local Media) West 2012 Conference, a must-attend for anyone in the local media space. Held from December 4 to December 6 in Los Angeles, the team has put another yet another great line-up of speakers and panelists.
As I will be attending, I’ve put together a list of “can’t miss” keynotes and panels:
Day 1 (December 4)
- The ILM West Kickoff: The View From BIA/Kelsey. That’s when the analysts share interesting data on “local”. Helpful for all those PowerPoint presentations you’ll be preparing in 2013
- Opening Keynote: Bill Gross, CEO, Idealab. Bill Gross. ‘Nuff said.
There’s also panels on venture capital, on sales transformation and on innovative startups. Those are often “hit or miss” but you never know.
Day 2 (December 5)
- The Google Executive Interview: Todd Rowe, Managing Director – SMB Global Sales, Google. Should be good.
- Keynote: Jason Finger, CEO, CityGrid. Definitely interested to hear what CityGrid is up to. They’ve been silent recently.
- SuperForum: Mobile’s Impact on Interactive Local Media: National to Local. Those 4 mini-sessions all focus on local and mobile.
- Afternoon Keynote: David Krantz, CEO, YP. Like CityGrid, interested to hear the latest news at YP.
- Targeting Local Audiences: Hollywood Shows the Way. Ah, I love when they bring new industries to the table. Lots to learn usually.
Day 3 (December 6)
- A Discussion With Ben T. Smith IV, CEO, Wanderful Media. This one should be very very interesting. Ben’s company has been very active lately, including a huge $22M funding roundfrom newspaper companies in September.
- Keynote Speaker: Dan Levy, Director, Global SMB Markets, Facebook. Facebook doesn’t usually share a lot of new information in these conferences, so stay tuned.
If you want to connect when I’m there, don’t hesitate to ping by e-mail: sprovencher AT gmail
In addition to the conferences, the event is great for networking. If you’re planning to attend and haven’t booked your ticket yet, Use my personal code to get $200 off the registration fees: ILMWSEB
December 13, 2011
- Total online searches grew 9% year-over-year to exceed 19.3 billion searches in September 2011
- 2.8 billion of those searches were “local” (a growth of 9% from last year). Local searches growth is decelerating
- IYP (Internet Yellow Pages) searches are down 20% year-over-year
- 1.7 billion click-thrus to directories and regional/local content sites were generated from search in sept 2011
- Top organic search terms by click-through rates: driving directions, white pages, yellow pages, maps, los angeles
- 10% of US display ads are locally targeted
- 3 of every 4 mobile subscribers own a device with GPS capability
- Over one third own a smartphone
- Mobile search usage grew 25% year-over-year with 26% penetration in September 2011
- Search is the top activity of mobile browser users. Social networking is second.
- 88 million mobile subscribers access local content on a mobile device, up 28% from a year ago.
- Nearly 40% of mobile users access local content on their device in September 2011, compared with 75% for smartphone owners
- 16.3 million smartphone owners scanned a QR code, 43% in a retail store, 42% from a product packaging.
December 13, 2011
Bob Pittman, CEO, Clear Channel Media Holdings (and MTV co-founder amongst other accomplishments) was the opening keynote speaker yesterday morning at the BIA/Kelsey ILM West conference in San Francisco.
In a search engine marketing world, where many people think brand advertising is dead, Pittman presented a compelling integrated marketing model (loosely based on the AIDA model) that shows brand building is key to generate sales. It goes as follow:
o Arouse a consumer’s interest in a product/service (through big reach and passion)
o Remind them of their interest until purchase (via reach and frequency)
o Allow them to research the product/service (via interactive apps with scale)
o Let them effortlessly find where to buy the product/service (dealer locators)
o Let them hear advertising messages when in the buying mindset
o Reinforce their purchase decision – retention
o Encourage and facilitate word of mouth – (via viral marketing and social media)
He also explained that brand is the thing that happens when consumers are predisposed to buying your product and have stopped comparison shopping. That’s also an interesting insight.
- Total local advertising revenues for 2011 will be $135.9 billion, down from the $136.2 billion it forecast earlier this year
- Traditional media segments such as Yellow Pages and newspapers are experiencing the largest downward revisions
- U.S. local online/digital advertising revenues will rise to $23.3 billion in 2011, compared with $22.3 billion predicted earlier this year
- Local online/ digital advertising revenues will be 17.2 percent of total local advertising revenues in 2011, up from the earlier forecast of 16.4 percent. By 2015 that share will increase to 25.4 percent, up from the 24.7 percent originally predicted
- The overall local media market will grow slowly over the next five years, at a compound annual growth rate of 1.7 percent, reaching $149.4 billion by 2015
The rest/details of the forecast will be revealed at their next conference ILM West 2011, in downtown San Francisco, December 12 to 14. I will be attending the conference. BTW, I just reserved my hotel using Hotwire and I found a 4-star hotel within walking distance for $109/night. See you there!
At the BIA/Kelsey ILM East 2011 conference this morning, we heard from Lior Ron, the Group Product Manager for Google Places (including Maps and Hotpot).
A couple of interesting information points came out:
- Google Places contains 50M places around the world
- They felt they were missing “people” in the local equation and that’s why they launched Google Hotpot
- Hotpot is all about organizing the web around people and places and is a local recommendation engine.
- Hotpot now has generated more than 3M reviews and ratings (see this BIA/Kelsey post from last week for more data points)
Lior Ron said that Hotpot is not about Google building another silo or reviews site. It’s about collecting short signals to enable better ranking/relevancy. A few conference attendees were not convinced by that statement.