Outdoor ASIA - July 2018

(Marcin) #1

44 August 2018


THINK DIGITAL


‘OOH has a vital role in smart


city development’


W


hat are the most distinctive patterns that
you see in ad spends around the globe, and
in particular the UK market? Is OOH competitively
positioned to leverage the growth opportunities in a
changing global business environment?

The key change that is happening in the UK and other
markets is the move away from brand building to
activation. According to the IPA (Institute of Auctioneers
in Advertising), the optimum balance of brand and
activation expenditure remains at around 60:40
with strong evidence that deviation from either side
of this point results in a marked decline in long-term
effectiveness. However, since the launch of Google
and Facebook, advertisers are moving more and more
budgets to activation. Campaigns with activation
objectives rose from 47% of cases prior to the global
financial crisis to 55% subsequently. Over the four years
to 2016, the figure reached 72%.

Although OOH has traditionally been viewed as a brand
building medium, the launch of digital OOH and the
increase in targeting and proximity OOH has ensured
that we have maintained share.

You have been a strong votary of use of new
technologies in OOH advertising, and under your
leadership Primesight has taken pioneering steps
like turning BT phone kiosks into advertising media.
On a larger plane, do you see OOH playing a key role in
the development and evolution of smart cities?

I believe that OOH has a vital role in the development
and evolution of smart cities. We need to continue to
evolve as a medium, and smart cities provide a great
platform for OOH. We have the benefit of having assets
in city centres, with the ability to connect to power and

We need to continue to evolve as a medium, and smart cities provide a great
platform for OOH, says Naren Patel, CEO, Primesight, the UK in an interview to Rajiv
Raghunath. Edited excerpts:

the internet. We are very excited to have started the
process with InLink in the UK. However, we have only
scratched the surface. As an industry we need to start
offering air quality monitoring, 5G small cell integration
and providing useful data from our locations to the
cities that we serve.

As digital OOH gains ground, where do you see the
conventional formats in the overall OOH mix in the
next 3-5 years in UK and indeed many other markets
around the globe?

Naren Patel, CEO, Primesight, the UK
Free download pdf