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All Posts Tagged Tag: ‘Solve Media’

Home / Tag: Solve Media

Start-Up Watch COD: Solve Media helps consumers “pay” with attention instead of cash 0

Publishers need to get more money for the content that they produce. A good deal more. While the concept of an entirely ad supported content ecosystem was and is appealing, it is also unrealistic. We see it in the number of newspapers that have folded in the US, despite seeing significant gains in online traffic. The problem is that it takes a jillion banner ad views to make up for every full page ad lost.

And yet research shows over and over and over that many consumers are as yet unwilling to pay for content online. And on some level, why should this be surprising? With literally millions of websites delivering content, people have a knack for finding info in new places when their go-to locations start charging.

The most shocking factoid on this front came when New York Newsday announced that – three months after they put up a pay wall around their content (!) — they had only 35 subscribers. For those who don’t know, Newsday is a giant newspaper in the NY area, primarily serving Long Island. Everyone expected a significant drop in page views after the wall went up. But only 35 subscribers? That’s selling one sub about every three days.

So clearly, if content is to flourish in the months and years ahead, pubs need new ways to monetize their stories. , a start-up I’ve written about before, has such a model. They help pubs deploy something they call “Type-Ins” both as a replacement for Captchas on forms, and as an access method for content.

The Captcha replacement is best illustrated with a picture, so that’s just what I’m gonna do.

Pretty clear, huh? Instead of trying to decipher often illegible Captchas, the consumer is asked to look at a special ad unit (gif, flash, and now even video) and type in the brand message. Generally it’s easier to figure out what to type with one of these units – they are particularly better with weak vision. Proprietary Solve Media technology makes them just as secure from a bot-reading-them perspective as a tough Captcha display.

Type-Ins are sold on a Cost Per Engagement basis, which makes them solidly lucrative for a pub while also benefitting advertisers in that a correct type-in guarantees that the consumer has examined and processed the creative message.

Their video will help make the value prop even clearer:

from on .

A second use is even more interesting. Instead of charging a monthly sub, or deploying a cost-per-article-read micropayments scheme, a pub can deploy Type-Ins as a pay wall alternative that gives consumers the opportunity to pay for content with their attention to an advertiser message. Pubs get a healthy cost per, and the advertiser gets incredible noticing value and impact.

How incredible? showed a 111 percent higher level of brand recall from Type-Ins Wharton School of Business study versus banners, and 12 times the level of message recall. Further, it appears that people are at least as likely to complete a Type-In versus a Captcha in order to get what they seek.

I like Solve for a couple of reasons, and I should also make it clear to you that my company thinks enough of the concept that we are an investor. So take my endorsement for what you will. But even if we weren’t an investor, the dead simple value proposition here is one of those things that I could kick myself for not thinking of first. We’ve used it for clients and it has blown the doors off metrics, with nary a consumer complaint.

And as a means of helping pubs make some money from frugal users that resist paying for content, it may well be a great asset to their revenue models.

There are a few naysayers for this model, who believe that this ad format is essentially too intrusive. I understand their concern but could not disagree more. I really believe that we are in a challenging time as far as ensuring a great flow of content goes. If pubs cannot earn more, we will quickly see a significant drop of what I think of as real content – thoughtful, professional stories that keep people well informed.

UGC is great, really great, but I want reasonably compensated professional content-makin’ people covering the Watergates of our times. I’m OK with a little intrusion (ahem, like the network TV model) if it means that the web can continue to grow as a vibrant information and attention resource for people. An affordable one to boot. My guess is that pubs will be offering multiple ways to pay in the future. And if I know ‘Merica, there are gonna be loads of people who prefer paying with attention.

Posted on: 04-10-2011
Posted in: Oldest Living Digital Marketer

Changing the Marketing Social Compact With Our Best Customers 0

In the traditional media model, there was essentially an agreement that in exchange for free or very low cost information and entertainment, the consumer would see and process ads. That arrangement is evolving, of course. One of the most interesting aspects of that evolution is the need to deliver more value for a given amount of consumer attention.

That value can be an overt exchange, like Solve Media’s Captcha replacements that let consumers “pay attention” instead of money for premium content. Or it can be a bit more indirect, as with Red Bull’s TV programming in Austria. In that case, the brand has entered the media business in order to “deserve” the respect and loyalty of its youthful, hip target.

But one of the most interesting changes is in brands recognizing that individual experience and attention are becoming an increasing important part of the equation. We’ve gone from the world of my childhood, where most people would accept service shortcomings as a part of life, to one in which millions of people expect to be able to post a complaint or a kudo on Twitter and get an immediate response.

Promotions and how they are targeted and structured are another interesting area of change. I’m going to make a generalization here – that in the past, most promotional activity was designed to get a new or lapsed user to connect or reconnect with a brand. We hoped, for example, that a trial size or FSI coupon would attract new people or foster an incremental purchase.

There was something about that that always smelled fishy to me – that brands were far less likely to focus efforts on their best customers, choosing instead to concentrate on getting brand switchers to buy today. Think about all the times you’ve heard “Offer for new customers only” and simply accepted it as a standard marketing tactic.

It’s clear that the socialization of media is bringing with it the need to focus on loyalists. Because:

· They are driving so much of the discussion and brand perception out there about our brands.

· They have great transparency into how and where we spend our money.

· They have the power to evangelize (or not) our offerings to potentially HUGE audiences – so much so that the actions of a single individual can ripple into movement of our business needles.

· They EXPECT to be rewarded for loyalty with more than just the basic product experience.

That’s the real importance of social in my view – the shift it requires in our thinking to caring about consumers as individuals, and about ensuring a great product experience every time. And when we don’t provide one, the willingness to admit our mistakes and try to make good on our product pledge.

I’ve been thinking about this a lot because so many of the next generation of digital media and promotional vehicles are focused on being better to users. Like mobile platforms that deliver coupons to consumers in store for brands they were planning to buy anyway. In the old days, we used to call that “subsidizing our users” and it was considered about as bad as things got in marketing. But the reality is that all promotional activities were subsidizing users — it’s just that the benefits went to the fickle instead of the loyal.

From a media perspective, I think it means focusing a lot more advertising and marketing dollars on loyalists instead of irregular or lapsed users. Not bombarding them with bad 728s, but rather creating marketing experiences that add value to their lives. One interesting example of this is Nearbuy Systems, which helps retailers better please people already in their stores by offering hyperlocal services through their mobile phones. Want to know where the Nutella is? The platform can give you indoor turn by turn instructions to get you to within three feet of the jars of chocolaty goodness. How cool is that. It also lets users get immediate attention from real employees, right where they are standing.

I’ve never spoken to the people at Nearbuy, but I use this as an example because it offers the contrast. Of a retailer creating better brand experiences for people already in the aisles, versus mailing a big splashy offer to fill transferred prescriptions for less money. Or similar trial builder ploy.

I’m not suggesting that we forget trial as a marketing task, but rather that we must place our best consumers at the head of the line for marketing largesse, not at the foot. They expect to be first in our minds. And they deserve to be as well.

Posted on: 02-5-2011
Posted in: Oldest Living Digital Marketer

COD: Solve Media and the Captcha Ad Phenomenon 0

I’ve written about Solve Media before, but I thought I’d begin this new series of “company of the day” by starting with them. They offer a solution that replaces those unbloodybelievably annoying Captchas with ads that ask the consumer to type in a brand message where they used to have to type gibberish.

I thought of Solve as I watched my father one morning struggling to read the Captcha on Yahoo mail, then switching to the audio alternative, then switching back to the text, in order to create a new email account. He managed after about 40 seconds, but the opportunity of eliminating that wasted time and palpable aggravation is one of the reasons why this platform is doing so well.

Here’s a vid that explains it all better than I can:

Since the last time I wrote, Solve has also launched a video version of their platform, enabling brands to create even richer and more memorable experiences in this low clutter ad vehicle.

Solve commissioned a third-party Wharton School of Business study that showed a 111 percent higher level of brand recall from Type-Ins versus banners, and 12 times the level of message recall. Further, it appears that people are at least as likely to complete a Type-In versus a Captcha in order to get what they seek.

There are a few naysayers — people who find this sort of advertising too intrusive. I get the concern but really disagree with them. Solves are fundamentally at least as secure as Captchas, and far easier on the compliance front. I’m sure my father would have much preferred typing “Refresh everything” to his Captcha experience. It also enables consumers to “pay attention” instead of “pay cash” for content that they want. Since something like 85% of consumers vow never to pay for online content, the opportunity to do a value exchange with something other than cash will surely be an appealing alternative for them.

Big brands are getting on board in big numbers. It’s a great innovation that’s worth genuine consideration.

Note: Solve Media is an occasional client of Catalyst S+F.

Posted on: 01-3-2011
Posted in: Oldest Living Digital Marketer

4 Companies Making A Difference In Your Quest For Engagement 0

Teaser: One thing that’s apparent in the rush toward engagement — there is no one way to drive it. But here are just a few of the solutions that can help you sustain the vital marketing relationship.

Highlights:

  • Solve Media’s Type-In replaces captchas with relevant brand messages
  • EXPO TV leverages consumer insight to create a video community that advice seekers and brands can join
  • AOL’s Project Devil enables consumers to explore brand messages and information on their terms in a low-distraction environment
  • The Meebo Bar gives publishers an easy way to make their content social and drive incremental viral traffic
  • Gigabytes of speeches, articles, and blog posts have pointed to the need to drive deeper engagement with consumers. It’s a topic that goes right to the heart of digital media’s advantages — two way communications and the opportunity to deliver bona fide experiences. But in all of this discussion, the definition of engagement quickly gets squishy.
    • Is a click engagement?
    • How about a “like”?
    • Is there a minimum time threshold required to qualify as an engagement?
    • Do we need engagement standards across the industry?

    One thing that’s apparent in this rush toward engagement — there is no one way to drive it. Both new and established companies are taking different approaches to the goal. Today I want to discuss four companies with that are making distinctive in-roads toward helping marketers forge deeper connections with audiences. Each company’s product is designed to create ongoing brand impact — a rich real-world experience, or greater message recall, or delivery of deep and compelling information to drive brand choice.

    Solve Media: Engagement inspired by your third grade teacher

    What do you do if you want to make sure you don’t forget something? Solve Media hopes we remember the advice of our third grade teachers (in my case Mrs. Briggs): You write it down, or type it into something. (disclosure, a Catalyst S+F client) was founded to leverage that idea for marketers.

    The core offering is the Type-In — a unit that replaces the frustrating “captchas” that confront us when we want to register or gain access to content. Every day, almost 300 million of these exasperating captchas get filled out; many more than once because they can be so difficult to decipher. Enter Solve Media.

    See the ad, type in the message, and you’re done. Here’s a short vid that makes it all clear.

    “Type-Ins are dead simple,” says Ari Jacoby, co-founder and CEO of Solve Media. “Lots of companies are focusing on layers of technology and data sets to coax higher response rates. All of that is important work. But we took a different road. Our platform offers a genuine and guaranteed value exchange, without new infrastructure or privacy issues for clients. The consumer gets what she wants, and the client and publisher get real value.”

    Does it work? Solve commissioned a third-party that showed a 111 percent higher level of brand recall from Type-Ins versus banners, and 12 times the level of message recall. Further, it appears that people are at least as likely to complete a Type-In versus a captcha in order to get what they seek. Internal Solve Media data indicate that 40 percent of consumers who encounter a Type-In engage and type the information correctly.

    Mrs. Briggs from third grade was right.

    Type-ins are sold by pay-per-completed-type-in. You only pay for those instances when consumers type the message correctly. Many large publishers are implementing this new platform because it creates new inventory, reduces customer frustration, and gives advertisers impact. Some pubs are also exploring the platform as an alternative method of paying for content. For example, a major metro newspaper could deploy a Type-In instead of charging a monthly fee for content. Since so few consumers are willing to pay cash for content, this technology offers a way to get consumers to pay attention and for publishers to monetize their product.

    Solve is newer than the other companies discussed in this piece, but they have already garnered an impressive client list, including Toyota, Microsoft, Expedia, Universal, and Dr. Pepper.

    EXPO TV: Engagement through personal endorsement

    We’ve all seen the data that consumers trust the recommendation of a regular person — any regular person — more than ads. More and more consumers are turning to the web to find consumer POVs before they buy. EXPO TV http://www.expotv.com/, a New York based start-up, is leveraging this consumer insight to create a video community that advice seekers and brands can join. In just a couple years, they’ve cultivated a remarkable client list.

    Endorsements online aren’t new. But EXPO TV has created a community of product fans and reviewers who volunteer to deliver their thoughts in stand-up-presenter videos. Consumers appear onscreen to discuss the merits (and issues) of products.

    Here’s an example:

    See all at Expotv.com

    This video and several others were tested in a measuring the effectiveness of consumer word of mouth videos versus commercials. The study found that these homemade creations, despite their decidedly unslick production values, have comparable persuasive power to professional ads.
    It’s easy to see why so many consumers find this sort of video compelling. So compelling, in fact, that some progressive brands, like do, have made these the centerpiece of their brand web presences.

    Consumers can rate any product that they like, but brands can encourage consumers to rate their offerings in a variety of ways. You can sponsor a contest, use their Tryology program to send out samples in exchange for honest reviews, even build dedicated brand pages on the site. Additionally, EXPO can distribute videos directly to retailers, who use them as an aid to sale, as in from Amazon. By partnering with EXPO, you get rights to use consumer videos whenever and wherever.
    All videos are transcribed and matched to products, right down to the SKU. One result is that when you look up consumer products in Search, EXPO videos are often among the top 10 results.

    EXPOTV lets consumers speak freely. They ask consumers for honest opinions. Fans praise freely. And consumers that have questions or issues are welcome to respond and add videos to the EXPOTV site as well. But what’s interesting is that the tenor of video is almost universally positive — 85 percent.

    EXPO TV has more than 75,000 regular video-making participants, and its vids have garnered more than 40 million views since the platform was launched.

    AOL Project Devil

    A major new engagement initiative from AOL, called Project Devil http://advertising.aol.com/creative/projectdevil, has just been launched with a premier list of charter advertisers including General Mills, Unilever, Lexus, Sprint, and Procter & Gamble.

    This new creative execution enhances consumers’ experiences as they interact with content, and drives significantly greater engagement. Devil does this by enabling the consumer to explore brand messages and information on their terms in a low-distraction environment.

    Devil ads are larger units, 400×1200 compared to the standard 300×250 units. That gives brands a 100 percent voice on the page and offers a multitude of content in a single, unbroken space. The modular unit enables the brand to insert virtually any form of content into one of the template unit zones.

    These zones can include video, interactivities, choosers, store finders, deep product information, and the like. In essence, they treat the product and the process of learning more about it as “news”. Here’s an explanatory video:

    The Devil offering also makes significant changes to the overall page experience. Rather than competing for attention with a bunch of sponsored messages, Devil ads are the only paid marketing offered on those pages.

    To really see the experience, you need to look at a Devil ad in the context of a web page on which it appears. This view gives you a sense of what they are going for — genuine content integration rather than garish, blinky “click now” annoyances at the periphery of the screen.

    According to AOL, Devil is a paradigm shift for digital advertising, where ads have historically been designed to distract users from the content they sought. Their website puts it this way:

    Most online ads today are designed to distract the user. So as ads have proliferated, the user experience has suffered — along with the user, of course. In many other media, ads are part of the experience. Far from detracting from the writing or programming, they contribute to it. Nowhere is this more possible than on the internet. Project Devil is our first step toward realizing this potential.
    A nice vision and a cool unit.

    Meebo: Connecting brands to my social graph

    Given Meebo’s http://www.meebo.com/ heritage of making social sharing easier, it’s only natural that their solutions for brands focus there as well. Last year the company launched the Meebo Bar http://www.meebo.com/websites/. It gave publishers an easy way to make their content social and through that functionality drive incremental viral traffic.

    Meebo users that arrive on the participating sites automatically see the toolbar at the bottom of their browser, in front of a small strip over the site content. As the user scrolls down, the bar is persistent, moving with the user’s field of vision. It’s polite yet intrusive — let’s call it “poltrusive.”

    The toolbar offers brands several ways to communicate with consumers, drive engagements, and spread messages virally. Here’s a picture of the “unopened” toolbar, which features what they call a “media alert.”

    The user hovers over or clicks on the alert, which opens a large 900×400 window. What appears in the window is up to the marketer — video, Flash, static images, interactivities, advergames, store finders — virtually anything a brand might find useful.

    Engagement times average 30-50 seconds. Advertisers only pay for engagements, not impressions; the settings on the bar are such that accidental rollovers are not counted.

    Consumers can also drag and drop marketing messages into their social media platforms — Facebook, Twitter, AIM, email, and more. The sharing feature encourages both longer and stronger interaction by the user, as well as free distribution of brand messages across users’ social graphs. A recent program for Hershey’s Kisses invited users to customize the wrapper on a virtual kiss and send it to friends and family through their favorite social channels. It gave Hershey a presence on lots of social networks through a single buy on their platform.

    Of course, consumers’ willingness to take a message viral depends upon the creative, and Meebo offers advice to marketers on how to make messages more viral. Additionally, because the platform is a permanent part of participating sites, it affords the opportunity for dayparting. Said Carter Brokaw, CRO of Meebo:
    “One way in which we differ in the marketplace is that because we have a platform that is persistent on websites, we can serve impressions based on time, and that drives engagement.”

    Targeting naturally improves response rates. Marketers can choose demographic as well as psychographic and interest based targeting, or a combination of these techniques.

    Conclusion

    I like what these four companies are doing because their approaches start with a consumer insight and use it to create something unique.

    For Solve, that insight relates to how human memory works. With EXPO TV it’s our innate desire to understand what others think. AOL’s Devil uses size, functionality, and low distraction to break through our distraction filters, while Meebo leverages our desire to interact with friends to drive advertiser value.

    Leveraging consumer insight is surely essential to driving sustained engagement, and it’s great that these and other companies are taking such distinct approaches to realize the same goal.

Posted on: 01-3-2011
Posted in: Oldest Living Digital Marketer

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