SlideShare a Scribd company logo
1 of 38
MEDIA TRENDS
JANUARY 2018
SIX TRENDS WE’RE WATCHING IN 2018
The big themes occupying the minds of
editors and journalists
(Plus some thoughts on what we, as
communications people, need to do in
response)
TREND 1
The fall-out from 2016 continues
Our hypothesis is that 2016 was to the tech sector what 2008 was for the financial sector
– a once-in-a-generation, maybe even a once-in-a-century, crisis that has up-ended
expectations and transformed what we thought to be possible.
2017: THE POLITICAL-MEDIA-TECH ELITE
POST-MORTEM
The Brexit referendum and the election of
Donald Trump led to an unparalleled orgy of
soul-searching amongst the political-media-
tech establishment.
It prompted a post-mortem into what
happened (as Hillary Clinton termed it), how
it happened, why it happened, and what we
can do to make sure it never happens again
This has completely changed attitudes
towards the tech sector among the elite. The
narrative around tech is now much more
sceptical than it was just a few years ago.
Interestingly, consumer sentiment is still
very positive towards tech brands, so this
change seems to be restricted to an elite,
opinion-former audience.
POLITICS:
BREXIT
&
TRUMP
DIGITAL
AD FRAUD /
INEFFECTIVENESS
TROLLING/
BULLYING
EXTREMIST
CONTENT
AUTOMATION/
JOB DESTRUCTION
CORPORATION
TAX / OVERSEAS
CASH
DIVERSITY /
EQUAL PAY
PRIVACY /
SURVEILLANCE
SECURITY
RUSSIA
Part of this is because of the
crystallisation of a series of issues, all with
tech at their centre, which have come into
focus in the past year or two.
These issues overlap in many ways, so
that for instance the concern over social
media’s impact on Brexit, Trump and our
political discourse in general is linked to
prior concerns over cyberbullying, trolling
and even radicalisation of young people
online…
Again, most of these issues are mostly of
concern to elite, opinion-former audiences
in the media and political spheres, but
they are starting to trickle down into the
worries of everyday citizens too.
OVERLAPPING ISSUES
TECHNOLOGICAL, POLITICAL AND
REGULATORY RESPONSES STILL
ONGOING
The responses to these issues from governments and tech firms are still only in the early days.
If 2016 was the year of the crisis, and 2017 was the year of the post-mortem, then perhaps
2018 will be the year of action, when some of these issues will get addressed.
WILL WE SEE MORE OF THE
“TECHLASH”?
WHAT THIS MEANS
■ Be sensitive to the changing tech narrative
■ Prepare for greater scrutiny
■ Be part of the solution
TREND 2
Fake news narrative continues to gather pace
and undermines trust in incumbent media and
politics
FAKE NEWS ISN’T NEW – IT’S JUST
TURBOCHARGED
1986 2016
Fake news isn’t an entirely new
phenomenon of course. We’ve always
had “Freddie Starr ate my hamster”-style
made-up stories.
What’s been different over the last
couple of years is that we’ve had new
channels that can spread false
information faster and further than ever
before, and a politician prepared to
exploit that and indulge in it himself.
DECLINE IN TRUST IN UK MEDIA,
ESPECIALLY SINCE BREXIT
Source: Reuters Institute for Digital Journalism
But this fake news narrative has helped create an increased climate of mistrust of the UK’s mainstream
media. The stats show that trust in the UK media fell from 50% to 43% in a single year, between 2016-17.
Presumably this was due to people feeling that the media didn’t necessarily report Brexit truthfully or
accurately. But when the Grenfell Tower fire happened in June, it also became another focal point for mistrust
and anger against mainstream media, who were accused of ignoring or misreporting what happened
DECLINE IN POWER OF PRINT MEDIA IN
UK?
The surprise result of the June general election also led some influential figures from the world of journalism
to question whether the mainstream print media – which has been so dominant for so long in the UK – has
lost its power.
We’re a little sceptical about this argument – the tabloids were crucial in swinging the 2015 general election
and the 2016 EU referendum . . . So have they really lost their power in the space of a year?
BUT UK OUTLETS STILL HIGHLY
TRUSTED WORLDWIDE…
Source: Trusting News Project Report 2017; Reuters Institute for Digital Journalism
WHAT THIS MEANS
■ The value of trusted media outlets has never been higher
■ Rebuilding trust will take time
■ There’s an openness to new voices and new perspectives
TREND 3
The pivot to video, amid search for new
formats that work best online
The “pivot to video” means that media companies are moving away from text-based news
towards producing hours and hours of video content instead. This has been a particularly
big trend in the US but it’s starting to creep over to the UK too. Many publishers have
been investing massively in their video production capabilities, while laying off print
journalists.
But this approach has been widely mocked because the route to making money from it
1. Lay off most of your writers, who
produce stories fast and cheaply for
your own website
2. Produce more video, which is vastly
more expensive and time consuming
and which only finds an audience on
other platforms, like Facebook,
Twitter or YouTube
3. ?????
4. PROFIT
THE “PIVOT TO VIDEO” HAS BECOME A
JOKE, EVEN WHILE IT’S BEING
PURSUED
CHASING AD BUDGETS AND READER
TRAFFIC
Daily video views on
Facebook, globally
2014: 1bn
2015: 8bn
The reason media companies are doing this, of course, is to chase advertisers’ budgets. Social media firms
charge more for video ads than static digital ads, so they are desperately encouraging brands to invest in
video.
Brands’ ad budgets are increasingly shifting towards video – 56% of ad money went into video in 2017, up
from 52% in 2015. Media companies presumably see the boom in video consumption – on Facebook,
Instagram, Snapchat, YouTube, Twitter and everywhere else – and think they have to get in on the act.
NEWS CONSUMERS ARE STILL
UNCONVINCED?
Source: Reuters Institute for Digital Journalism
The only problem is audiences don’t
seem to want it.
When you ask people how they want to
consume their news, the vast majority
still say text, not video…
PART OF A BROADER
EXPERIMENTATION
WITH NEW FORMATS
We see this pivot to
video really within the
context of a much
broader experimentation
phase that media
companies are going
through.
They’re trying to work
out what sort of formats
work for publishing
news online.
From documentaries, to
GIFS, to Twitter threads,
to long reads…
WHAT THIS MEANS
■ Video is important, but don’t be a slave to it
■ Experiment with formats for owned content
■ Create different kinds of content for earned media
TREND 4
Monetising beyond ads
This is about how media companies are trying to make money, beyond ad revenue alone.
Our hypothesis here is that the rush to chase traffic and ad revenue has acted as a
perverse incentive to media companies. It’s caused them to dumb down their content and
tempted them towards clickbait and stories that will go viral, even if they aren’t important
or valuable by the traditional standards of newsworthiness.
Now they’re trying to escape that trap.
TRAFFIC AND AD REVENUE AS A
PERVERSE INCENTIVE
"News is being reduced to a
three-letter word: it's either
OMG, LOL or WTF.“
Nick Robinson, BBC
An old newspaper catchphrase was, “If it bleeds, it
leads”—that is, if someone got hurt or killed, that’s the
top story. In the age when Facebook supplies us with a
disproportionate amount of our daily news, a more-
appropriate catchphrase would be, “If it’s outrageous, it’s
contagious.”
Christopher Mims, WSJ
AD REVENUE ISN’T BEING CAPTURED
BY PUBLISHERS ANYWAY
0
10
20
30
40
50
60
70
80
90
% take of global digital ad revenue, 2018
Google and Facebook Everyone else
Source: Group M estimates
SUBSCRIPTIONS BECOME A SAFE
HARBOUR
75k
800k
2016 20172016 2017
Members
300k
$81m
$59m
$64m
$86m
Print ads
Digital subs
Print ads
Digital subs
Source: company data
Media companies have realised that
chasing ad revenue is not just a losing
game: it’s entirely the wrong game to
be in. It’s a game they can never win,
no matter what they do.
That’s why one of the big trends we
saw in 2017 was the flight to
subscriptions as a safe harbour for
media companies
They’ve realised the only way they can
guarantee their future is to turn into
subscription-based businesses.
We think we’ll see more of this in 2018.
MEDIUM TRIES “APPLAUSE” AS A NEW
MONETISATION AND POPULARITY
METRIC
The other aspect of this is how publishers identify
popularity and reward their writers, if they’re not
going to rely solely on web traffic and viral metrics
like social shares.
One thing we saw in 2017 was the blogging
platform Medium develop a new feature called
“applause”, so you applaud an article rather than
liking it.
They use that metric to work out how they
reimburse their bloggers, so the more applause
you get the bigger the cut of subscription revenue
you receive.
We think we’ll see more innovations of this kind in
2018 as media firms try to work out new ways of
operating.
WHAT THIS MEANS
■ Retrenchment to “traditional” news values
■ Subscription-based outlets might be better long-term bets
■ More experimentation to come in surfacing and rewarding good content
TREND 5
The rise and rise of robo-reporters
Media firms are investing lots into AI tools. News pages are full of easy-to-write, stats-
based stories that don’t require much research or creativity. These could easily be
delegated to robots so that human reporters can focus on writing the more interesting
and in-depth pieces.
COVERING HIGH SCHOOL SPORT IN THE
WASHINGTON POST
This story from the Washington Post was actually written by a robot or an algorithm – not a human.
AUTOMATED LOCAL NEWS STORIES IN
THE UK
Google is funding a Press Association project to develop similar algorithms in
the UK, supplying stats-based stories to local newspapers around the country
MORE AUTOMATION TO COME?
Guardian Media
Group to launch new
£42 million venture
capital fund
– GMG Ventures
WHAT THIS MEANS
■ Stats stories become automated
■ Value lies in human reporting and investigations
■ Publishers focus on depth, not breadth, of coverage?
TREND 6
B2B influencers are the new journalists,
B2C influencers are the new celebrities
INFLUENCERS ARE POWERFUL – AND
THEY KNOW IT
29.7m
Zoella
22.9m
Ksi
17.8m
Joe
Sugg
15.2m
Caspar
Lee
14.4m
Alfie
Deyes
9.2m
Tanya
Burr
7.4m
Dan
Middleton
6.8m
Louise
Pentland
3.7m
Iskra
Lawrence
2.3m
Dina
Torkia
1.5m
The
Sun
Source: YouTube, Instagram and Twitter
THE INFLUENCER INDUSTRY HAS
PROFESSIONALISED… CAVEAT EMPTOR
Given the reach these consumer influencers have,
it’s no wonder this has become a professionalised
industry.
They have agents. There are advertising rules
around how they promote products.
And when YouTube changes its rules, influencers
start complaining because it threatens their
livelihoods.
They also charge tens of thousands of pounds
just to mention your product.
So this is not a space to move into without help
and without knowing what you’re doing.
B2B TECH INFLUENCERS SHAPE
NARRATIVES
230k followers 20k followers
73k followers 10k followers 6k followers
49k followers 14k followers
12k followers
71k followers
55k followers 243k followers
56k followers
On the B2B side, these
influencers have become
hugely important in their
own right.
Some of these tech
influencers have Twitter
audiences that rival or
even outweigh the
circulations of
newspapers.
They can talk to each
other, share attitudes and
ideas, and shape opinion
on issues that is then
reflected in mainstream
media coverage too.
WHAT THIS MEANS
■ Influencer relations needs to be as planned and strategic as media relations
■ If you don’t pay, you won’t get very far with consumer influencers
■ Take advice, be cautious, test and learn
RECAP
1. The fall-out from 2016 continues
2. Fake news narrative continues to gather pace and undermines trust in incumbent media and
politics
3. The pivot to video, amid search for new formats that work best online
4. Monetising beyond ads
5. The rise and rise of robo-reporters
6. B2B influencers are the new journalists, B2C influencers are the new celebrities
MEDIA TRENDS
JANUARY 2018

More Related Content

What's hot

2017: the tipping point for print media
2017: the tipping point for print media2017: the tipping point for print media
2017: the tipping point for print mediamagazinemediaBE
 
Mary Meeker Internet Trends 2016
Mary Meeker Internet Trends 2016Mary Meeker Internet Trends 2016
Mary Meeker Internet Trends 2016Flexing It
 
FTC Presentation
FTC PresentationFTC Presentation
FTC PresentationNiemanLab
 
The_Shell_Edition_7 Copy
The_Shell_Edition_7 CopyThe_Shell_Edition_7 Copy
The_Shell_Edition_7 Copybenjaminhaslem
 
5 Media Trends to Watch in 2014
5 Media Trends to Watch in 20145 Media Trends to Watch in 2014
5 Media Trends to Watch in 2014Edelman
 
021119 the cairncross_review_a_sustainable_future_for_journalism
021119 the cairncross_review_a_sustainable_future_for_journalism021119 the cairncross_review_a_sustainable_future_for_journalism
021119 the cairncross_review_a_sustainable_future_for_journalismTel-Aviv Journalists' Association
 
News never made money, and is unlikely to
News never made money, and is unlikely toNews never made money, and is unlikely to
News never made money, and is unlikely tomysteriousfirew67
 
Brand journalism en
Brand journalism enBrand journalism en
Brand journalism enLEWIS
 
My BFF Social: Capturing the Consumer in a Constant Stream of Content
My BFF Social:  Capturing the Consumer in a Constant Stream of ContentMy BFF Social:  Capturing the Consumer in a Constant Stream of Content
My BFF Social: Capturing the Consumer in a Constant Stream of ContentMatt Gentile
 
Final Project 2
Final Project 2Final Project 2
Final Project 2Naringa
 
Thriving in the Content Marketing Jungle: Lessons from Leading Practitioners ...
Thriving in the Content Marketing Jungle: Lessons from Leading Practitioners ...Thriving in the Content Marketing Jungle: Lessons from Leading Practitioners ...
Thriving in the Content Marketing Jungle: Lessons from Leading Practitioners ...multifamily-social-media
 
From Disruption to Experimentation: The Power of Magazines
From Disruption to Experimentation: The Power of MagazinesFrom Disruption to Experimentation: The Power of Magazines
From Disruption to Experimentation: The Power of MagazinesMalcolm Netburn
 
Reimagining Magazines for Data-Driven Times
Reimagining Magazines for Data-Driven TimesReimagining Magazines for Data-Driven Times
Reimagining Magazines for Data-Driven TimesMalcolm Netburn
 
Managing Magazine Audiences with Collaborative Data (slide deck) with Malcolm...
Managing Magazine Audiences with Collaborative Data (slide deck) with Malcolm...Managing Magazine Audiences with Collaborative Data (slide deck) with Malcolm...
Managing Magazine Audiences with Collaborative Data (slide deck) with Malcolm...Malcolm Netburn
 
Cision Study: Gig Economy Media Reporting Disconnected from Worker Reality
Cision Study: Gig Economy Media Reporting Disconnected from Worker RealityCision Study: Gig Economy Media Reporting Disconnected from Worker Reality
Cision Study: Gig Economy Media Reporting Disconnected from Worker RealityCision
 
The Guardian OTW IPA Award 2015_final_new_compressed
The Guardian OTW IPA Award 2015_final_new_compressedThe Guardian OTW IPA Award 2015_final_new_compressed
The Guardian OTW IPA Award 2015_final_new_compressedCharlotte Emmerson
 
Changing Channels? How have media priorities changed for communications direc...
Changing Channels? How have media priorities changed for communications direc...Changing Channels? How have media priorities changed for communications direc...
Changing Channels? How have media priorities changed for communications direc...PRmoment
 

What's hot (20)

2017: the tipping point for print media
2017: the tipping point for print media2017: the tipping point for print media
2017: the tipping point for print media
 
Mary Meeker Internet Trends 2016
Mary Meeker Internet Trends 2016Mary Meeker Internet Trends 2016
Mary Meeker Internet Trends 2016
 
FTC Presentation
FTC PresentationFTC Presentation
FTC Presentation
 
The_Shell_Edition_7 Copy
The_Shell_Edition_7 CopyThe_Shell_Edition_7 Copy
The_Shell_Edition_7 Copy
 
Newman predictions 2019_final_1
Newman predictions 2019_final_1Newman predictions 2019_final_1
Newman predictions 2019_final_1
 
5 Media Trends to Watch in 2014
5 Media Trends to Watch in 20145 Media Trends to Watch in 2014
5 Media Trends to Watch in 2014
 
021119 the cairncross_review_a_sustainable_future_for_journalism
021119 the cairncross_review_a_sustainable_future_for_journalism021119 the cairncross_review_a_sustainable_future_for_journalism
021119 the cairncross_review_a_sustainable_future_for_journalism
 
News never made money, and is unlikely to
News never made money, and is unlikely toNews never made money, and is unlikely to
News never made money, and is unlikely to
 
Brand journalism en
Brand journalism enBrand journalism en
Brand journalism en
 
My BFF Social: Capturing the Consumer in a Constant Stream of Content
My BFF Social:  Capturing the Consumer in a Constant Stream of ContentMy BFF Social:  Capturing the Consumer in a Constant Stream of Content
My BFF Social: Capturing the Consumer in a Constant Stream of Content
 
Final Project 2
Final Project 2Final Project 2
Final Project 2
 
Socialnetworking
SocialnetworkingSocialnetworking
Socialnetworking
 
Thriving in the Content Marketing Jungle: Lessons from Leading Practitioners ...
Thriving in the Content Marketing Jungle: Lessons from Leading Practitioners ...Thriving in the Content Marketing Jungle: Lessons from Leading Practitioners ...
Thriving in the Content Marketing Jungle: Lessons from Leading Practitioners ...
 
From Disruption to Experimentation: The Power of Magazines
From Disruption to Experimentation: The Power of MagazinesFrom Disruption to Experimentation: The Power of Magazines
From Disruption to Experimentation: The Power of Magazines
 
Reimagining Magazines for Data-Driven Times
Reimagining Magazines for Data-Driven TimesReimagining Magazines for Data-Driven Times
Reimagining Magazines for Data-Driven Times
 
Managing Magazine Audiences with Collaborative Data (slide deck) with Malcolm...
Managing Magazine Audiences with Collaborative Data (slide deck) with Malcolm...Managing Magazine Audiences with Collaborative Data (slide deck) with Malcolm...
Managing Magazine Audiences with Collaborative Data (slide deck) with Malcolm...
 
Cision Study: Gig Economy Media Reporting Disconnected from Worker Reality
Cision Study: Gig Economy Media Reporting Disconnected from Worker RealityCision Study: Gig Economy Media Reporting Disconnected from Worker Reality
Cision Study: Gig Economy Media Reporting Disconnected from Worker Reality
 
Public relations in 2018
Public relations in 2018Public relations in 2018
Public relations in 2018
 
The Guardian OTW IPA Award 2015_final_new_compressed
The Guardian OTW IPA Award 2015_final_new_compressedThe Guardian OTW IPA Award 2015_final_new_compressed
The Guardian OTW IPA Award 2015_final_new_compressed
 
Changing Channels? How have media priorities changed for communications direc...
Changing Channels? How have media priorities changed for communications direc...Changing Channels? How have media priorities changed for communications direc...
Changing Channels? How have media priorities changed for communications direc...
 

Similar to Six media trends to watch in 2018

Top Social Media Trends for 2017
Top Social Media Trends for 2017Top Social Media Trends for 2017
Top Social Media Trends for 2017Access Emanate
 
Journalism, media and technology trends and predictions 2017
Journalism, media and technology trends and predictions 2017Journalism, media and technology trends and predictions 2017
Journalism, media and technology trends and predictions 2017Marketing Media Review
 
The Death & Life of Journalism: How PR and Press Can Work Together in the New...
The Death & Life of Journalism: How PR and Press Can Work Together in the New...The Death & Life of Journalism: How PR and Press Can Work Together in the New...
The Death & Life of Journalism: How PR and Press Can Work Together in the New...CommPRO.biz
 
Social Media Trends 2020
Social Media Trends 2020Social Media Trends 2020
Social Media Trends 2020Harsha MV
 
Advertising pr lecture_notes_com130
Advertising pr lecture_notes_com130Advertising pr lecture_notes_com130
Advertising pr lecture_notes_com130Olivia Miller
 
161028_60 Second Marketer_Four Lessons on Olympics and Election
161028_60 Second Marketer_Four Lessons on Olympics and Election161028_60 Second Marketer_Four Lessons on Olympics and Election
161028_60 Second Marketer_Four Lessons on Olympics and ElectionHawthorne
 
Twitter Team Business Essay
Twitter Team Business EssayTwitter Team Business Essay
Twitter Team Business EssayThomas Benson
 
The Economist and social media
The Economist and social mediaThe Economist and social media
The Economist and social mediaNick Blunden
 
The future of news - Economist report
The future of news - Economist reportThe future of news - Economist report
The future of news - Economist reportAndreas Panagopoulos
 
What's Next: The World of Fake News
What's Next: The World of Fake NewsWhat's Next: The World of Fake News
What's Next: The World of Fake NewsOgilvy Consulting
 
Why Print Can Help Create Better Digital Media
Why Print Can Help Create Better Digital MediaWhy Print Can Help Create Better Digital Media
Why Print Can Help Create Better Digital MediaMartin Schwarz
 
Publishing Trends 2019
Publishing Trends 2019Publishing Trends 2019
Publishing Trends 2019Ian Gibbs
 
Journalism and New Media
Journalism and New MediaJournalism and New Media
Journalism and New Mediajameswentz
 
Journalism, Media, and Technology Trends and Predictions 2018
Journalism, Media, and Technology Trends and Predictions 2018Journalism, Media, and Technology Trends and Predictions 2018
Journalism, Media, and Technology Trends and Predictions 2018Donetsk Institute of Information
 

Similar to Six media trends to watch in 2018 (20)

Top Social Media Trends for 2017
Top Social Media Trends for 2017Top Social Media Trends for 2017
Top Social Media Trends for 2017
 
Journalism, media and technology trends and predictions 2017
Journalism, media and technology trends and predictions 2017Journalism, media and technology trends and predictions 2017
Journalism, media and technology trends and predictions 2017
 
What Is Social Media And Why Should I Care
What Is  Social  Media And  Why  Should  I  CareWhat Is  Social  Media And  Why  Should  I  Care
What Is Social Media And Why Should I Care
 
Public relations in 2017
Public relations in 2017Public relations in 2017
Public relations in 2017
 
The Death & Life of Journalism: How PR and Press Can Work Together in the New...
The Death & Life of Journalism: How PR and Press Can Work Together in the New...The Death & Life of Journalism: How PR and Press Can Work Together in the New...
The Death & Life of Journalism: How PR and Press Can Work Together in the New...
 
Social Media Trends 2020
Social Media Trends 2020Social Media Trends 2020
Social Media Trends 2020
 
Advertising pr lecture_notes_com130
Advertising pr lecture_notes_com130Advertising pr lecture_notes_com130
Advertising pr lecture_notes_com130
 
161028_60 Second Marketer_Four Lessons on Olympics and Election
161028_60 Second Marketer_Four Lessons on Olympics and Election161028_60 Second Marketer_Four Lessons on Olympics and Election
161028_60 Second Marketer_Four Lessons on Olympics and Election
 
Twitter Team Business Essay
Twitter Team Business EssayTwitter Team Business Essay
Twitter Team Business Essay
 
The Economist and social media
The Economist and social mediaThe Economist and social media
The Economist and social media
 
The future of news - Economist report
The future of news - Economist reportThe future of news - Economist report
The future of news - Economist report
 
Stage 2
Stage 2Stage 2
Stage 2
 
Twitter Deck
Twitter DeckTwitter Deck
Twitter Deck
 
What's Next: The World of Fake News
What's Next: The World of Fake NewsWhat's Next: The World of Fake News
What's Next: The World of Fake News
 
Digital born news media in europe
Digital born news media in europeDigital born news media in europe
Digital born news media in europe
 
Why Print Can Help Create Better Digital Media
Why Print Can Help Create Better Digital MediaWhy Print Can Help Create Better Digital Media
Why Print Can Help Create Better Digital Media
 
Publishing Trends 2019
Publishing Trends 2019Publishing Trends 2019
Publishing Trends 2019
 
Journalism and New Media
Journalism and New MediaJournalism and New Media
Journalism and New Media
 
Risj trends and predictions 2018
Risj trends and predictions 2018Risj trends and predictions 2018
Risj trends and predictions 2018
 
Journalism, Media, and Technology Trends and Predictions 2018
Journalism, Media, and Technology Trends and Predictions 2018Journalism, Media, and Technology Trends and Predictions 2018
Journalism, Media, and Technology Trends and Predictions 2018
 

Recently uploaded

Digital Marketing Courses In Pune- school Of Internet Marketing
Digital Marketing Courses In Pune- school Of Internet MarketingDigital Marketing Courses In Pune- school Of Internet Marketing
Digital Marketing Courses In Pune- school Of Internet MarketingShauryaBadaya
 
TAM Sports IPL 17 Advertising Report- M01 - M23
TAM Sports IPL 17 Advertising Report- M01 - M23TAM Sports IPL 17 Advertising Report- M01 - M23
TAM Sports IPL 17 Advertising Report- M01 - M23Social Samosa
 
Introduction to marketing Management Notes
Introduction to marketing Management NotesIntroduction to marketing Management Notes
Introduction to marketing Management NotesKiranTiwari42
 
Digital Marketing complete introduction.
Digital Marketing complete introduction.Digital Marketing complete introduction.
Digital Marketing complete introduction.Kashish Bindra
 
SEO and Digital PR - How to Connect Your Teams to Maximise Success
SEO and Digital PR - How to Connect Your Teams to Maximise SuccessSEO and Digital PR - How to Connect Your Teams to Maximise Success
SEO and Digital PR - How to Connect Your Teams to Maximise SuccessLiv Day
 
Master the art of Social Selling to increase sales by fostering relationships...
Master the art of Social Selling to increase sales by fostering relationships...Master the art of Social Selling to increase sales by fostering relationships...
Master the art of Social Selling to increase sales by fostering relationships...VereigenMedia1
 
2024 WTF - what's working in mobile user acquisition
2024 WTF - what's working in mobile user acquisition2024 WTF - what's working in mobile user acquisition
2024 WTF - what's working in mobile user acquisitionJohn Koetsier
 
8 distribution in rural mkts.ppt Rural Marketing
8 distribution in rural mkts.ppt Rural Marketing8 distribution in rural mkts.ppt Rural Marketing
8 distribution in rural mkts.ppt Rural Marketingpshirsat
 
15 Tactics to Scale Your Trade Show Marketing Strategy
15 Tactics to Scale Your Trade Show Marketing Strategy15 Tactics to Scale Your Trade Show Marketing Strategy
15 Tactics to Scale Your Trade Show Marketing StrategyBlue Atlas Marketing
 
Dave Cousin TW-BERT Good for Users, Good for SEOsBrighton SEO Deck
Dave Cousin TW-BERT Good for Users, Good for SEOsBrighton SEO DeckDave Cousin TW-BERT Good for Users, Good for SEOsBrighton SEO Deck
Dave Cousin TW-BERT Good for Users, Good for SEOsBrighton SEO DeckOban International
 
Bamboo Charcoal Toothpaste By Phyto Atomy For More Details Message On WhatsA...
Bamboo Charcoal Toothpaste By Phyto Atomy  For More Details Message On WhatsA...Bamboo Charcoal Toothpaste By Phyto Atomy  For More Details Message On WhatsA...
Bamboo Charcoal Toothpaste By Phyto Atomy For More Details Message On WhatsA...shrutimishraqt
 
top marketing posters - Fresh Spar Technologies - Manojkumar C
top marketing posters - Fresh Spar Technologies - Manojkumar Ctop marketing posters - Fresh Spar Technologies - Manojkumar C
top marketing posters - Fresh Spar Technologies - Manojkumar CManojkumar C
 
Creating a Successful Digital Marketing Campaign.pdf
Creating a Successful Digital Marketing Campaign.pdfCreating a Successful Digital Marketing Campaign.pdf
Creating a Successful Digital Marketing Campaign.pdfgopzzzin
 
Unlocking Passive Income: The Power of Affiliate Marketing
Unlocking Passive Income: The Power of Affiliate MarketingUnlocking Passive Income: The Power of Affiliate Marketing
Unlocking Passive Income: The Power of Affiliate MarketingDaniel
 
SEO Forecasting by Nitin Manchanda at Berlin SEO & Content Club
SEO Forecasting by Nitin Manchanda at Berlin SEO & Content ClubSEO Forecasting by Nitin Manchanda at Berlin SEO & Content Club
SEO Forecasting by Nitin Manchanda at Berlin SEO & Content ClubNitin Manchanda
 
Content Marketing: How To Find The True Value Of Your Marketing Funnel
Content Marketing: How To Find The True Value Of Your Marketing FunnelContent Marketing: How To Find The True Value Of Your Marketing Funnel
Content Marketing: How To Find The True Value Of Your Marketing FunnelSearch Engine Journal
 
A Comprehensive Guide to Technical SEO | Banyanbrain
A Comprehensive Guide to Technical SEO | BanyanbrainA Comprehensive Guide to Technical SEO | Banyanbrain
A Comprehensive Guide to Technical SEO | BanyanbrainBanyanbrain
 
Agencia Marketing Branding Measurement Certification Google Ads Abril 2024
Agencia Marketing Branding Measurement Certification Google Ads Abril 2024Agencia Marketing Branding Measurement Certification Google Ads Abril 2024
Agencia Marketing Branding Measurement Certification Google Ads Abril 2024Marketing BRANDING
 
Gen Z and Millennial Debit Card Use Survey.pdf
Gen Z and Millennial Debit Card Use Survey.pdfGen Z and Millennial Debit Card Use Survey.pdf
Gen Z and Millennial Debit Card Use Survey.pdfMedia Logic
 
Professional Sales Representative by Sahil Srivastava.pptx
Professional Sales Representative by Sahil Srivastava.pptxProfessional Sales Representative by Sahil Srivastava.pptx
Professional Sales Representative by Sahil Srivastava.pptxSahil Srivastava
 

Recently uploaded (20)

Digital Marketing Courses In Pune- school Of Internet Marketing
Digital Marketing Courses In Pune- school Of Internet MarketingDigital Marketing Courses In Pune- school Of Internet Marketing
Digital Marketing Courses In Pune- school Of Internet Marketing
 
TAM Sports IPL 17 Advertising Report- M01 - M23
TAM Sports IPL 17 Advertising Report- M01 - M23TAM Sports IPL 17 Advertising Report- M01 - M23
TAM Sports IPL 17 Advertising Report- M01 - M23
 
Introduction to marketing Management Notes
Introduction to marketing Management NotesIntroduction to marketing Management Notes
Introduction to marketing Management Notes
 
Digital Marketing complete introduction.
Digital Marketing complete introduction.Digital Marketing complete introduction.
Digital Marketing complete introduction.
 
SEO and Digital PR - How to Connect Your Teams to Maximise Success
SEO and Digital PR - How to Connect Your Teams to Maximise SuccessSEO and Digital PR - How to Connect Your Teams to Maximise Success
SEO and Digital PR - How to Connect Your Teams to Maximise Success
 
Master the art of Social Selling to increase sales by fostering relationships...
Master the art of Social Selling to increase sales by fostering relationships...Master the art of Social Selling to increase sales by fostering relationships...
Master the art of Social Selling to increase sales by fostering relationships...
 
2024 WTF - what's working in mobile user acquisition
2024 WTF - what's working in mobile user acquisition2024 WTF - what's working in mobile user acquisition
2024 WTF - what's working in mobile user acquisition
 
8 distribution in rural mkts.ppt Rural Marketing
8 distribution in rural mkts.ppt Rural Marketing8 distribution in rural mkts.ppt Rural Marketing
8 distribution in rural mkts.ppt Rural Marketing
 
15 Tactics to Scale Your Trade Show Marketing Strategy
15 Tactics to Scale Your Trade Show Marketing Strategy15 Tactics to Scale Your Trade Show Marketing Strategy
15 Tactics to Scale Your Trade Show Marketing Strategy
 
Dave Cousin TW-BERT Good for Users, Good for SEOsBrighton SEO Deck
Dave Cousin TW-BERT Good for Users, Good for SEOsBrighton SEO DeckDave Cousin TW-BERT Good for Users, Good for SEOsBrighton SEO Deck
Dave Cousin TW-BERT Good for Users, Good for SEOsBrighton SEO Deck
 
Bamboo Charcoal Toothpaste By Phyto Atomy For More Details Message On WhatsA...
Bamboo Charcoal Toothpaste By Phyto Atomy  For More Details Message On WhatsA...Bamboo Charcoal Toothpaste By Phyto Atomy  For More Details Message On WhatsA...
Bamboo Charcoal Toothpaste By Phyto Atomy For More Details Message On WhatsA...
 
top marketing posters - Fresh Spar Technologies - Manojkumar C
top marketing posters - Fresh Spar Technologies - Manojkumar Ctop marketing posters - Fresh Spar Technologies - Manojkumar C
top marketing posters - Fresh Spar Technologies - Manojkumar C
 
Creating a Successful Digital Marketing Campaign.pdf
Creating a Successful Digital Marketing Campaign.pdfCreating a Successful Digital Marketing Campaign.pdf
Creating a Successful Digital Marketing Campaign.pdf
 
Unlocking Passive Income: The Power of Affiliate Marketing
Unlocking Passive Income: The Power of Affiliate MarketingUnlocking Passive Income: The Power of Affiliate Marketing
Unlocking Passive Income: The Power of Affiliate Marketing
 
SEO Forecasting by Nitin Manchanda at Berlin SEO & Content Club
SEO Forecasting by Nitin Manchanda at Berlin SEO & Content ClubSEO Forecasting by Nitin Manchanda at Berlin SEO & Content Club
SEO Forecasting by Nitin Manchanda at Berlin SEO & Content Club
 
Content Marketing: How To Find The True Value Of Your Marketing Funnel
Content Marketing: How To Find The True Value Of Your Marketing FunnelContent Marketing: How To Find The True Value Of Your Marketing Funnel
Content Marketing: How To Find The True Value Of Your Marketing Funnel
 
A Comprehensive Guide to Technical SEO | Banyanbrain
A Comprehensive Guide to Technical SEO | BanyanbrainA Comprehensive Guide to Technical SEO | Banyanbrain
A Comprehensive Guide to Technical SEO | Banyanbrain
 
Agencia Marketing Branding Measurement Certification Google Ads Abril 2024
Agencia Marketing Branding Measurement Certification Google Ads Abril 2024Agencia Marketing Branding Measurement Certification Google Ads Abril 2024
Agencia Marketing Branding Measurement Certification Google Ads Abril 2024
 
Gen Z and Millennial Debit Card Use Survey.pdf
Gen Z and Millennial Debit Card Use Survey.pdfGen Z and Millennial Debit Card Use Survey.pdf
Gen Z and Millennial Debit Card Use Survey.pdf
 
Professional Sales Representative by Sahil Srivastava.pptx
Professional Sales Representative by Sahil Srivastava.pptxProfessional Sales Representative by Sahil Srivastava.pptx
Professional Sales Representative by Sahil Srivastava.pptx
 

Six media trends to watch in 2018

  • 2. SIX TRENDS WE’RE WATCHING IN 2018 The big themes occupying the minds of editors and journalists (Plus some thoughts on what we, as communications people, need to do in response)
  • 3. TREND 1 The fall-out from 2016 continues Our hypothesis is that 2016 was to the tech sector what 2008 was for the financial sector – a once-in-a-generation, maybe even a once-in-a-century, crisis that has up-ended expectations and transformed what we thought to be possible.
  • 4. 2017: THE POLITICAL-MEDIA-TECH ELITE POST-MORTEM The Brexit referendum and the election of Donald Trump led to an unparalleled orgy of soul-searching amongst the political-media- tech establishment. It prompted a post-mortem into what happened (as Hillary Clinton termed it), how it happened, why it happened, and what we can do to make sure it never happens again This has completely changed attitudes towards the tech sector among the elite. The narrative around tech is now much more sceptical than it was just a few years ago. Interestingly, consumer sentiment is still very positive towards tech brands, so this change seems to be restricted to an elite, opinion-former audience.
  • 5. POLITICS: BREXIT & TRUMP DIGITAL AD FRAUD / INEFFECTIVENESS TROLLING/ BULLYING EXTREMIST CONTENT AUTOMATION/ JOB DESTRUCTION CORPORATION TAX / OVERSEAS CASH DIVERSITY / EQUAL PAY PRIVACY / SURVEILLANCE SECURITY RUSSIA Part of this is because of the crystallisation of a series of issues, all with tech at their centre, which have come into focus in the past year or two. These issues overlap in many ways, so that for instance the concern over social media’s impact on Brexit, Trump and our political discourse in general is linked to prior concerns over cyberbullying, trolling and even radicalisation of young people online… Again, most of these issues are mostly of concern to elite, opinion-former audiences in the media and political spheres, but they are starting to trickle down into the worries of everyday citizens too. OVERLAPPING ISSUES
  • 6. TECHNOLOGICAL, POLITICAL AND REGULATORY RESPONSES STILL ONGOING The responses to these issues from governments and tech firms are still only in the early days. If 2016 was the year of the crisis, and 2017 was the year of the post-mortem, then perhaps 2018 will be the year of action, when some of these issues will get addressed.
  • 7. WILL WE SEE MORE OF THE “TECHLASH”?
  • 8. WHAT THIS MEANS ■ Be sensitive to the changing tech narrative ■ Prepare for greater scrutiny ■ Be part of the solution
  • 9. TREND 2 Fake news narrative continues to gather pace and undermines trust in incumbent media and politics
  • 10. FAKE NEWS ISN’T NEW – IT’S JUST TURBOCHARGED 1986 2016 Fake news isn’t an entirely new phenomenon of course. We’ve always had “Freddie Starr ate my hamster”-style made-up stories. What’s been different over the last couple of years is that we’ve had new channels that can spread false information faster and further than ever before, and a politician prepared to exploit that and indulge in it himself.
  • 11. DECLINE IN TRUST IN UK MEDIA, ESPECIALLY SINCE BREXIT Source: Reuters Institute for Digital Journalism But this fake news narrative has helped create an increased climate of mistrust of the UK’s mainstream media. The stats show that trust in the UK media fell from 50% to 43% in a single year, between 2016-17. Presumably this was due to people feeling that the media didn’t necessarily report Brexit truthfully or accurately. But when the Grenfell Tower fire happened in June, it also became another focal point for mistrust and anger against mainstream media, who were accused of ignoring or misreporting what happened
  • 12. DECLINE IN POWER OF PRINT MEDIA IN UK? The surprise result of the June general election also led some influential figures from the world of journalism to question whether the mainstream print media – which has been so dominant for so long in the UK – has lost its power. We’re a little sceptical about this argument – the tabloids were crucial in swinging the 2015 general election and the 2016 EU referendum . . . So have they really lost their power in the space of a year?
  • 13. BUT UK OUTLETS STILL HIGHLY TRUSTED WORLDWIDE… Source: Trusting News Project Report 2017; Reuters Institute for Digital Journalism
  • 14. WHAT THIS MEANS ■ The value of trusted media outlets has never been higher ■ Rebuilding trust will take time ■ There’s an openness to new voices and new perspectives
  • 15. TREND 3 The pivot to video, amid search for new formats that work best online The “pivot to video” means that media companies are moving away from text-based news towards producing hours and hours of video content instead. This has been a particularly big trend in the US but it’s starting to creep over to the UK too. Many publishers have been investing massively in their video production capabilities, while laying off print journalists. But this approach has been widely mocked because the route to making money from it
  • 16. 1. Lay off most of your writers, who produce stories fast and cheaply for your own website 2. Produce more video, which is vastly more expensive and time consuming and which only finds an audience on other platforms, like Facebook, Twitter or YouTube 3. ????? 4. PROFIT THE “PIVOT TO VIDEO” HAS BECOME A JOKE, EVEN WHILE IT’S BEING PURSUED
  • 17. CHASING AD BUDGETS AND READER TRAFFIC Daily video views on Facebook, globally 2014: 1bn 2015: 8bn The reason media companies are doing this, of course, is to chase advertisers’ budgets. Social media firms charge more for video ads than static digital ads, so they are desperately encouraging brands to invest in video. Brands’ ad budgets are increasingly shifting towards video – 56% of ad money went into video in 2017, up from 52% in 2015. Media companies presumably see the boom in video consumption – on Facebook, Instagram, Snapchat, YouTube, Twitter and everywhere else – and think they have to get in on the act.
  • 18. NEWS CONSUMERS ARE STILL UNCONVINCED? Source: Reuters Institute for Digital Journalism The only problem is audiences don’t seem to want it. When you ask people how they want to consume their news, the vast majority still say text, not video…
  • 19. PART OF A BROADER EXPERIMENTATION WITH NEW FORMATS We see this pivot to video really within the context of a much broader experimentation phase that media companies are going through. They’re trying to work out what sort of formats work for publishing news online. From documentaries, to GIFS, to Twitter threads, to long reads…
  • 20. WHAT THIS MEANS ■ Video is important, but don’t be a slave to it ■ Experiment with formats for owned content ■ Create different kinds of content for earned media
  • 21. TREND 4 Monetising beyond ads This is about how media companies are trying to make money, beyond ad revenue alone. Our hypothesis here is that the rush to chase traffic and ad revenue has acted as a perverse incentive to media companies. It’s caused them to dumb down their content and tempted them towards clickbait and stories that will go viral, even if they aren’t important or valuable by the traditional standards of newsworthiness. Now they’re trying to escape that trap.
  • 22. TRAFFIC AND AD REVENUE AS A PERVERSE INCENTIVE "News is being reduced to a three-letter word: it's either OMG, LOL or WTF.“ Nick Robinson, BBC An old newspaper catchphrase was, “If it bleeds, it leads”—that is, if someone got hurt or killed, that’s the top story. In the age when Facebook supplies us with a disproportionate amount of our daily news, a more- appropriate catchphrase would be, “If it’s outrageous, it’s contagious.” Christopher Mims, WSJ
  • 23. AD REVENUE ISN’T BEING CAPTURED BY PUBLISHERS ANYWAY 0 10 20 30 40 50 60 70 80 90 % take of global digital ad revenue, 2018 Google and Facebook Everyone else Source: Group M estimates
  • 24. SUBSCRIPTIONS BECOME A SAFE HARBOUR 75k 800k 2016 20172016 2017 Members 300k $81m $59m $64m $86m Print ads Digital subs Print ads Digital subs Source: company data Media companies have realised that chasing ad revenue is not just a losing game: it’s entirely the wrong game to be in. It’s a game they can never win, no matter what they do. That’s why one of the big trends we saw in 2017 was the flight to subscriptions as a safe harbour for media companies They’ve realised the only way they can guarantee their future is to turn into subscription-based businesses. We think we’ll see more of this in 2018.
  • 25. MEDIUM TRIES “APPLAUSE” AS A NEW MONETISATION AND POPULARITY METRIC The other aspect of this is how publishers identify popularity and reward their writers, if they’re not going to rely solely on web traffic and viral metrics like social shares. One thing we saw in 2017 was the blogging platform Medium develop a new feature called “applause”, so you applaud an article rather than liking it. They use that metric to work out how they reimburse their bloggers, so the more applause you get the bigger the cut of subscription revenue you receive. We think we’ll see more innovations of this kind in 2018 as media firms try to work out new ways of operating.
  • 26. WHAT THIS MEANS ■ Retrenchment to “traditional” news values ■ Subscription-based outlets might be better long-term bets ■ More experimentation to come in surfacing and rewarding good content
  • 27. TREND 5 The rise and rise of robo-reporters Media firms are investing lots into AI tools. News pages are full of easy-to-write, stats- based stories that don’t require much research or creativity. These could easily be delegated to robots so that human reporters can focus on writing the more interesting and in-depth pieces.
  • 28. COVERING HIGH SCHOOL SPORT IN THE WASHINGTON POST This story from the Washington Post was actually written by a robot or an algorithm – not a human.
  • 29. AUTOMATED LOCAL NEWS STORIES IN THE UK Google is funding a Press Association project to develop similar algorithms in the UK, supplying stats-based stories to local newspapers around the country
  • 30. MORE AUTOMATION TO COME? Guardian Media Group to launch new £42 million venture capital fund – GMG Ventures
  • 31. WHAT THIS MEANS ■ Stats stories become automated ■ Value lies in human reporting and investigations ■ Publishers focus on depth, not breadth, of coverage?
  • 32. TREND 6 B2B influencers are the new journalists, B2C influencers are the new celebrities
  • 33. INFLUENCERS ARE POWERFUL – AND THEY KNOW IT 29.7m Zoella 22.9m Ksi 17.8m Joe Sugg 15.2m Caspar Lee 14.4m Alfie Deyes 9.2m Tanya Burr 7.4m Dan Middleton 6.8m Louise Pentland 3.7m Iskra Lawrence 2.3m Dina Torkia 1.5m The Sun Source: YouTube, Instagram and Twitter
  • 34. THE INFLUENCER INDUSTRY HAS PROFESSIONALISED… CAVEAT EMPTOR Given the reach these consumer influencers have, it’s no wonder this has become a professionalised industry. They have agents. There are advertising rules around how they promote products. And when YouTube changes its rules, influencers start complaining because it threatens their livelihoods. They also charge tens of thousands of pounds just to mention your product. So this is not a space to move into without help and without knowing what you’re doing.
  • 35. B2B TECH INFLUENCERS SHAPE NARRATIVES 230k followers 20k followers 73k followers 10k followers 6k followers 49k followers 14k followers 12k followers 71k followers 55k followers 243k followers 56k followers On the B2B side, these influencers have become hugely important in their own right. Some of these tech influencers have Twitter audiences that rival or even outweigh the circulations of newspapers. They can talk to each other, share attitudes and ideas, and shape opinion on issues that is then reflected in mainstream media coverage too.
  • 36. WHAT THIS MEANS ■ Influencer relations needs to be as planned and strategic as media relations ■ If you don’t pay, you won’t get very far with consumer influencers ■ Take advice, be cautious, test and learn
  • 37. RECAP 1. The fall-out from 2016 continues 2. Fake news narrative continues to gather pace and undermines trust in incumbent media and politics 3. The pivot to video, amid search for new formats that work best online 4. Monetising beyond ads 5. The rise and rise of robo-reporters 6. B2B influencers are the new journalists, B2C influencers are the new celebrities

Editor's Notes

  1. Twitter in particular provides a platform for expert commentary and opinion, with no mediation from traditional publications Industry experts have gained significance in shaping the media conversation Twitter provides a platform where they can talk to each other, share links, insights, gossip, information, ideas, and shape the broader narrative