Topic: Marketing & Advertising (Page 3)

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๐Ÿ”— Serial-position effect

๐Ÿ”— Philosophy ๐Ÿ”— Philosophy/Logic ๐Ÿ”— Business ๐Ÿ”— Politics ๐Ÿ”— Psychology ๐Ÿ”— Marketing & Advertising

Serial-position effect is the tendency of a person to recall the first and last items in a series best, and the middle items worst. The term was coined by Hermann Ebbinghaus through studies he performed on himself, and refers to the finding that recall accuracy varies as a function of an item's position within a study list. When asked to recall a list of items in any order (free recall), people tend to begin recall with the end of the list, recalling those items best (the recency effect). Among earlier list items, the first few items are recalled more frequently than the middle items (the primacy effect).

One suggested reason for the primacy effect is that the initial items presented are most effectively stored in long-term memory because of the greater amount of processing devoted to them. (The first list item can be rehearsed by itself; the second must be rehearsed along with the first, the third along with the first and second, and so on.) The primacy effect is reduced when items are presented quickly and is enhanced when presented slowly (factors that reduce and enhance processing of each item and thus permanent storage). Longer presentation lists have been found to reduce the primacy effect.

One theorised reason for the recency effect is that these items are still present in working memory when recall is solicited. Items that benefit from neither (the middle items) are recalled most poorly. An additional explanation for the recency effect is related to temporal context: if tested immediately after rehearsal, the current temporal context can serve as a retrieval cue, which would predict more recent items to have a higher likelihood of recall than items that were studied in a different temporal context (earlier in the list). The recency effect is reduced when an interfering task is given. Intervening tasks involve working memory, as the distractor activity, if exceeding 15 to 30 seconds in duration, can cancel out the recency effect. Additionally, if recall comes immediately after the test, the recency effect is consistent regardless of the length of the studied list, or presentation rate.

Amnesiacs with poor ability to form permanent long-term memories do not show a primacy effect, but do show a recency effect if recall comes immediately after study. People with Alzheimer's disease exhibit a reduced primacy effect but do not produce a recency effect in recall.

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๐Ÿ”— Ads.txt

๐Ÿ”— Internet ๐Ÿ”— Marketing & Advertising

ads.txt (Authorized Digital Sellers) is an initiative from IAB Technology Laboratory. It specifies a text file that companies can host on their web servers, listing the other companies authorized to sell their products or services. This is designed to allow online buyers to check the validity of the sellers from whom they buy, for the purposes of internet fraud prevention.

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๐Ÿ”— First-Mover Advantage

๐Ÿ”— Economics ๐Ÿ”— Business ๐Ÿ”— Marketing & Advertising ๐Ÿ”— Guild of Copy Editors

In marketing strategy, first-mover advantage (FMA) is the advantage gained by the initial ("first-moving") significant occupant of a market segment. First-mover advantage may be gained by technological leadership, or early purchase of resources.

A market participant has first-mover advantage if it is the first entrant and gains a competitive advantage through control of resources. With this advantage, first-movers can be rewarded with huge profit margins and a monopoly-like status.

Not all first-movers are rewarded. If the first-mover does not capitalize on its advantage, its "first-mover disadvantages" leave opportunity for new entrants to enter the market and compete more effectively and efficiently than the first-movers; such firms have "second-mover advantage".

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๐Ÿ”— You Will

๐Ÿ”— United States ๐Ÿ”— Telecommunications ๐Ÿ”— Marketing & Advertising ๐Ÿ”— Invention ๐Ÿ”— United States/American television

"You Will" was an AT&T marketing campaign that launched in 1993, consisting of commercials directed by David Fincher. Each ad presented a futuristic scenario beginning with "Have you everโ€ฆ" and ending with "โ€ฆyou will. And the company that will bring it to you: AT&T."

The ads were narrated by Tom Selleck.

The creative team that created the ad campaign at N.W. Ayer & Partners were Copy Supervisor Gordon Hasse, Art Supervisor Nick Scordato and Producer Gaston Braun.

One of the first web banner ads ever sold was part of an AT&T campaign that ran on HotWired starting October 27, 1994, asking "Have you ever clicked your mouse right HERE? You Will".

In 2016, technology writer Timothy B. Lee commented that "overall, the ads were remarkably accurate in predicting the cutting-edge technologies of the coming decades. But the ads were mostly wrong about one thing: the company that brought these technologies to the world was not AT&T. At least not on its own. AT&T does provide some of the infrastructure on which the world's communications flow. But the gadgets and software that brought these futuristic capabilities to consumers were created by a new generation of Silicon Valley companies that mostly didn't exist when these ads were made."

The ads won a few different awards at the time, notably the first annual David Ogilvy Award for the most effective campaign supported by research, the 1994 PCIA (Personal Communications Industry Award), and two ADDY Awards.

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๐Ÿ”— Download Valley

๐Ÿ”— Internet ๐Ÿ”— Computing ๐Ÿ”— Marketing & Advertising ๐Ÿ”— Computing/Software ๐Ÿ”— Computing/Computer Security ๐Ÿ”— Israel

Download Valley is a cluster of software companies in Israel, producing and delivering adware to be installed alongside downloads of other software. The primary purpose is to monetize shareware and downloads. These software items are commonly browser toolbars, adware, browser hijackers, spyware, and malware. Another group of products are download managers, possibly designed to induce or trick the user to install adware, when downloading a piece of desired software or mobile app from a certain source.

Although the term references Silicon Valley, it does not refer to a specific valley or any geographical area. Many of the companies are located in Tel Aviv and the surrounding region. It has been used by Israeli media as well as in other reports related to IT business.

Download managers from Download Valley companies have been used by major download portals and software hosts, including Download.com by CNET, Softonic.com and SourceForge.

๐Ÿ”— Ad Creep

๐Ÿ”— Marketing & Advertising

Ad creep is the "creep" of advertising into previously ad-free spaces.

The earliest verified appearance of the term "ad creep" is in a 1996 article "Creeping Commercials: Ads Worming Way Into TV Scripts" by Steve Johnson for the Chicago Tribune, however it may have been coined by a subscriber to Stay Free! magazine, according to another source.

While the virtues of advertising can be debated, ad-creep often especially refers to advertising which is invasive and coercive, such as ads in schools, doctor's offices and hospitals, restrooms, elevators, on ATMs, on garbage cans, on vehicles, on restaurant menus, and countless other items. In Steve Johnson's piece referenced above, he criticizes product placement and "creative advertising enhancements" as "one more manifestation of an environment in which the commercial assault is almost nonstop". Commercial Alert, a nonprofit organization founded by Public Citizen "to keep the commercial culture within its proper sphere, and to prevent it from exploiting children and subverting the higher values of family, community, environmental integrity and democracy" also characterizes "ad creep" as an assault, with ad companies fighting a "relentless battle to claim every waking moment, and what one executive called, with chilling candor, mind share". A 2017 Daily Express story in the UK suggests "the creeping incursion of adverts in Windows 10" has been an issue.

On the other hand, modern advertisers are compelled to react to changes in consumer habits. An article in The New York Times notes that "consumersโ€™ viewing and reading habits are so scattershot now that many advertisers say the best way to reach time-pressed consumers is to try to catch their eye at literally every turn." And, the article suggests that ad agencies believe that as long as ads are entertaining, people may not mind the saturation. As people have turned from traditional media, advertisers have not only struggled to create brand awareness, but there is also a move to "microtarget people at precisely timed moments" as well, according to an article in Stay Free!.

Occasionally, the term "Ad Creep" has been used to describe a process of slowly infusing more ads into places where ads have been expected (television shows, for example) such as in a 2011 Advertising Age article describing the increase in both the time devoted to ads and the number of ad messages in the Super Bowl. This is not a standard use of the term, but it is related. A 2017 blog post by the chief global analyst of Kantar Millward Brown, a marketing firm, notes "that average ad loads on national television in the U.S. continued to creep upwards from 10.4 minutes per hour in December 2014, to 10.9 minutes in December 2016". Although the increase is less than 5%, he suggests "marketers should be concerned because the evidence suggests that more clutter is a bad thing for brands."

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๐Ÿ”— Domain tasting

๐Ÿ”— Internet ๐Ÿ”— Marketing & Advertising

Domain tasting is the practice of temporarily registering a domain under the five-day Add Grace Period at the beginning of the registration of an ICANN-regulated second-level domain. During this period, a registration must be fully refunded by the domain name registry if cancelled. This was designed to address accidental registrations, but domain tasters use the Add Grace Period for illegal purposes.

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๐Ÿ”— Fearmongering

๐Ÿ”— Politics ๐Ÿ”— Psychology ๐Ÿ”— Marketing & Advertising

Fearmongering, or scaremongering, is the act of exploiting feelings of fear by using exaggerated rumors of impending danger, usually for personal gain.

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๐Ÿ”— Hoover Free Flights Promotion

๐Ÿ”— Aviation ๐Ÿ”— Marketing & Advertising ๐Ÿ”— United Kingdom ๐Ÿ”— Guild of Copy Editors ๐Ÿ”— Retailing ๐Ÿ”— Home Living

The Hoover free flights promotion was a marketing promotion run by the British division of the Hoover Company in late 1992. The promotion, aiming to boost sales during the global recession of the early 1990s, offered two complimentary round-trip plane tickets to the United States, worth about ยฃ600, to any customer purchasing at least ยฃ100 in Hoover products. Hoover had been experiencing dwindling sales as a result of the economic downturn and a sharp increase in competing brands. Hoover was counting on most customers spending more than ยฃ100, as well as being deterred from completing the difficult application process, and not meeting its exact terms.

Consumer response was much higher than the company anticipated, with many customers buying the minimum ยฃ100 of Hoover products to qualify. It was perceived as two US flights for just ยฃ100 with a free vacuum cleaner included. The resulting demand was disastrous for the 84-year-old company. Hoover cancelled the ticket promotion after consumers had already bought the products and filled in forms applying for millions of pounds' worth of tickets. Reneging on the offer resulted in protests and legal action from customers who failed to receive the tickets they had been promised. The campaign was a financial disaster for the company and led to the loss of Hoover's Royal Warrant after the airing of a 2004 BBC documentary. The European branch of the company was eventually sold to one of its competitors, Candy, having never recovered from the losses, the promotion and the subsequent scandal.

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๐Ÿ”— "Where do you want to go today?"

๐Ÿ”— United States ๐Ÿ”— Computing ๐Ÿ”— Marketing & Advertising ๐Ÿ”— Microsoft ๐Ÿ”— United States/American television

โ€œWhere do you want to go today?โ€ was the title of Microsoftโ€™s second global image advertising campaign. The broadcast, print and outdoor advertising campaign was launched in November 1994 through the advertising agency Wieden+Kennedy. The campaign had Microsoft spending $100 million through July 1995, of which $25 million would be spent during the holiday shopping season ending in December 1994.

Tony Kaye directed a series of television ads filmed in Hong Kong, Prague and New York City that showed a broad range of people using their PCs. The television ads were first broadcast in Australia on November 13, the following day in both the United States and Canada, with Britain, France and Germany seeing the spots in subsequent days. An eight-page print ad described the personal computer as โ€œan open opportunity for everybodyโ€ that โ€œ[facilitates] the flow of information so that good ideasโ€”wherever they come fromโ€”can be sharedโ€, and was placed in mass-market magazines including National Geographic, Newsweek, People, Rolling Stone and Sports Illustrated.

The New York Times described the campaign as taking โ€œa winsome, humanistic approach to demystifying technologyโ€. However, the Times reported in August 1995 that the response to Microsoftโ€™s campaign in the advertising trade press had been โ€œlukewarmโ€ and quoted Brad Johnson of Advertising Age as stating that โ€œMicrosoft is on version 1.0 in advertising. Microsoft is not standing still. It will improve its advertising.โ€ Microsoftโ€™s Steve Ballmer, then the firmโ€™s executive vice president, acknowledged that the response to the campaign had been โ€œchillyโ€.

In June 1999, Microsoft announced that it would be ending its nearly five-year-long relationship with Wieden+Kennedy, shifting $100 million (~$166ย million in 2022) in billings to McCann Erickson Worldwide Advertising in a split that was described by The New York Times as mutual. Dan Wieden, president and chief creative officer of the advertising agency, characterized the relationship with Microsoft as โ€œintenseโ€ and said that it had โ€œrun its courseโ€.

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