Frédéric Filloux shares some fascinating data in a Monday Note post from awhile back (just discovered it in my blogging tool’s open drafts area). Look at the scary paragraph on the shifts in advertising spending. He writes:
Forget Joe Average, he’s dead. Ten or twenty years ago, analyzing audiences was much easier. Medias enjoyed well-defined and relatively unchanging target groups. For television, networks had a precise idea on who was watching what, and specialized cable outlets knew their viewers pretty well. Newspapers had their content structure sliced to fit various audiences by center of interests, age groups and opinions. At the time, contents were bundled together, delivered on a unique platform for a flat fee, on a per copy or subscription basis: the popular sport section, or classifieds did subsidize the expensive but more elitist foreign section, all for a dollar or the equivalent of a euro. ¶ In today’s marketplace, every single piece of information lies the open, naked, stripped of a set value. People don’t buy contents by the bulk, they peck at it, leaving to a third party (the unstable advertising market), the burden of financing it. As the content scatters on the internet, so does the audience. … ¶ … Coming back to the title of this column, analyzing trends has become more complicated: audiences are no longer monolithic, their breakdowns are hard to ascertain. This uncertainty makes an average a less and less relevant notion. For an online newspaper, what is an average reader? Consider two readers and focus on their different level of engagement. One is glued to the New York Times, Le Monde or Aftonbladet on his/her iPhone during a 30 minutes daily commute. The other, at 7 pm, casually glances at headlines while sipping a glass of chardonnay with TV providing the ambient noise. In this particular example, the level of engagement makes a crucial difference to the value of a reader. …
Link: Monday Note. --Dennis