Grok Blog

Amazon to Sell Ads on Kindle Fire Welcome Screen

Uh, does anyone remember how well this worked when Apple tried this with iAd? Just sayin’

“Amazon is pitching ads on the device’s welcome screen, according to an executive at an agency that Amazon has pitched. The company has been telling ad agency execs that they must spend about $600,000 for any package that includes such an ad.”

via Amazon to Sell Ads on Kindle Fire Welcome Screen | Digital – Advertising Age.

Kevin Ryan Asks Jetsetter CEO Drew Patterson to Step Down After ‘Mutiny’ From Staffers

 

 

Mr. Ryan said the change at the top was motivated by turnover and morale. “Too many people have left. When you’re the CEO, you’re responsible for that. We’ve had a lot of communication over the last six months on this issue. At a certain point, for myself, you make a change.”

via Kevin Ryan Asks Jetsetter CEO Drew Patterson to Step Down After ‘Mutiny’ From Staffers | Betabeat.

GM to Stop Advertising on Facebook

The hits just keep coming today…bad news before the IPO (understatement of the day)

“General Motors Co. plans to stop advertising on Facebook after the company’s marketing executives determined their paid ads had little impact on consumers, people familiar with the matter said, a move that comes as more companies question the effectiveness of advertising on the social networking site.”

via GM to Stop Advertising on Facebook – WSJ.com.

Truth, Lies & Facebook Advertising

 

 

What is the real value of Facebook’s advertising business?

One thing is for sure: Wall Street has no idea. And neither do Facebook advertisers. And therein lies the huge unspoken caveat to Facebook’s $86+ billion IPO.

via Truth, Lies & Facebook Advertising – Forbes.

Facebook Needs To Take Marketing Seriously

“Somehow Facebook still hasn’t stumbled upon a model that’s proven consistently successful for marketers, or that brings in the massive revenues to match the site’s massive user base. (The company made less than $4 in ad revenue per active user in 2011.)”

via Facebook Needs To Take Marketing Seriously | Forrester Blogs.

Poll: Half of Americans call Facebook a fad

Rut-ro…

Half of Americans think Facebook is a passing fad, according to the results of a new Associated Press-CNBC poll. And, in the run-up to the social network’s initial public offering of stock, half of Americans also say the social network’s expected asking price is too high.

via Poll: Half of Americans call Facebook a fad – Yahoo! News.

Hard Time: Liquor Advertising Pours Into TV

Smells like desperation by broadcasters to loosen their restrictions…bad news for print/digital, for now.

Almost ready for prime time...

“Jägermeister followed what lately has seemed like a stampede of liquor brands to TV as marketers seek broad awareness for product launches or to build new buzz on old brands.”

via Hard Time: Liquor Advertising Pours Into TV | News – Advertising Age.

Everything You Ever Wanted to Know About Why We’re Definitely in a Bubble

 

 

Everything You Ever Wanted to Know About Why We’re Definitely in a Bubble | Betabeat — News, gossip and intel from Silicon Alley 2.0..

Top 10 Predictions for the Facebook IPO

My choice:

 

 

2) The company’s valuation and share prices will tumble after the first week. We saw it in Groupon’s stumble, as well as with Zynga, Pandora and Demand Media. Tech stocks may rise fast but just as quickly can drop off a cliff. In a way, they are as tumultuous as the whole of the technology sphere.

via Top 10 Predictions for the Facebook IPO | Adweek.

Foursquare Hitches Its Wagon to the Coupon Trend

 

 

Of course, a new advertising method doesn’t automatically guarantee loyalty from either local businesses or potential new users. The WSJ also notes that many people still have a ”special hatred reserved for Foursquare location check-ins,” a problem that not even a 20-percent-off sushi coupon can solve.

via Foursquare Hitches Its Wagon to the Coupon Trend | Betabeat — News, gossip and intel from Silicon Alley 2.0..