Outdoor ASIA - July 2018

(Marcin) #1
August 2018^45

THINK DIGITAL


I do believe that the conventional formats will continue
to exist. The economics still make it difficult to convert
every location to digital and certain advertisers are not
happy sharing a digital site and want 100% ownership
of a location. However, conventional sites will need
to develop their own USPs. This could be coverage of
smaller town and cities, banner locations or products
that cannot be digitised such as bus and taxi advertising.


What factors would help OOH gain a larger share
of the overall ad spends? Is the medium seriously
challenged by the rapid growth of digital media?


The OOH medium is being challenged by the likes of
Google and Facebook who can offer a great deal of
accountability and better demonstrate attribution.
Digital OOH has provided us with a defence against
these global media giants but we need to do more. As
a medium we must start exploiting technology to make
OOH easier to buy and sell. We need to collaborate to
ensure that advertisers truly understand the benefits
of OOH and continue to find ways to demonstrate
the effectiveness of the media for long term brand
building as well as activation. Newspapers have lost
1/3 of their revenue since 2014, totalling nearly £1B.
This money has all moved online mainly to Facebook


and Google. We need to ensure that clients and
agencies understand that digital OOH could offer these
advertisers an alternative channel.

Having participated in OAC 2017, from your
experience would you recommend any particular
steps to augment the quantitative and qualitative
research on Indian OOH industry & business?

In today’s data driven, activation led world everything
needs to be measured. Advertisers need to understand
the audiences that OOH delivers so they can properly
understand and value the medium. Research should
be treated as an investment for the long-term health
of the medium. My advice is to marginally reduce
the investment in new sites and put that money into
research.

Do you see any scope for cross-border collaborations
between the UK and Indian OOH companies in the
near future?

The UK is generally seen as the leader in the OOH
sector and I am sure that both parties would benefit
from collaborating on projects. l

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