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MSW Research Purchases ARS From comScore

March 18th, 2013 Comments off

Lake Success, NY, March 18, 2013 – MSW Research (formerly McCollum Spielman Worldwide) announced today the acquisition of ARS from comScore resulting in the formation of MSW●ARS Research. This move brings together two of the most respected leaders in advertising research under one roof. The new company will provide marketers with the advertising research systems they have come to know and trust as well as a full range of innovative brand and advertising research solutions utilized by Top 100 clients.

Peter Klein, Senior Partner and CEO of MSW said “We’re extremely excited to have joined forces with ARS. They are a unique team of exceptional researchers that we have competed with for years and I have tremendous respect for them and their products. Now as a combined force, our clients will benefit even further from a staff of first class senior researchers that have experience working with the world’s leading brands. I believe we’re uniquely positioned to help guide our clients during these challenging times with a knowledge base, systems, norms and a 24/7 servicing approach that is unsurpassed in the industry.”

MSW is globally renowned for its marketplace validated CCPersuasion™ measure and its TouchPoint® advertising evaluation system along with a suite of products that measure the impact of advertising at any stage of creative development and across any media and brand touch point. The ARS Persuasion measure along with MSW’s are the world’s most widely documented and independently validated predictive measures of the persuasive effectiveness of advertising creative. Both the MSW and ARS persuasion measures have been equated with higher sales and market share through third-party validation.

MSW●ARS has a roster of marquee clients representing virtually every product category, including: Consumer Packaged Goods, Retail, Financial Services, Telecommunications, Technology, Automotive, and Pharmaceutical industries.

MSW●ARS offers a product suite that evaluates, quantifies and optimizes the impact of advertising messages and campaigns comprised of any combination of touch points, including television, print, radio, outdoor and digital. MSW●ARS helps marketers build brands by providing world class research solutions in the following areas: brand strategy, all stages of creative development from early concept to fully finished ads, campaign evaluation across all marketing and media channels, advertising and brand equity tracking, media planning and strategy, return-on-investment, and forecasting. The company provides solutions and consulting to marketers across traditional and digital marketing including: media mix optimization, media budget allocation, media and message connection, channel selection, digital media and emerging platforms.

About MSW Research, Inc.
Since its beginning in 1968, MSW has focused on bringing research practices to marketers that consistently yield relevant consumer insights and drive business results. MSW is passionate about finding and implementing new techniques and technologies that help marketers build brands as new marketing challenges arise. They combine this science with experienced senior staff reflecting the firm’s belief that new tools and ideas are best implemented by experienced players. Their company tagline, “Brand Insights and Consulting”, reflects their unique approach.

About ARS
Since 1968, ARS has helped leading advertisers measure, forecast and optimize advertising messages. The company’s extensive knowledge base and proven models have been extended through innovative, scientific research-on-research to help many of the world’s leading advertisers. ARS’s digital age solutions are designed to evaluate and optimize campaigns comprising any combination of touch points. From strategy development, to all stages of creative development, to in-market tracking, ARS’s behavioral products are proven through independent audits to help marketers meet and exceed their business objectives.

About comScore
comScore, Inc. (NASDAQ: SCOR) is a global leader in digital measurement and analytics, delivering insights on web, mobile and TV consumer behavior that enable clients to maximize the value of their digital investments.

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For further information, please contact:

Art Klein, Partner
MSW●ARS Research
General Phone: 516 394 6000
Direct Phone: 516 394 6025
Email: aklein@mswarsresearch.com

Robin Bowmer, Senior Vice President
MSW●ARS Research
Direct Phone: 812-759-2459
Email: rbowmer@mswarsresearch.com

Visit us on the web at www.mswarsresearch.com

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It’s not about the clicks!

October 2nd, 2012 Comments off

Here’s a blog posting that I wrote back in early 2010.  Not much has changed in the three years since writing this.  Advertisers are still struggling with digital measurement.

Originally posted April 13, 2010

Overall Click Through Rates [CTR] are well below 1%, so low in fact that ComScore frequently has to report CTR’s to the hundredth of a percent!  Furthermore, the people that do click are the wrong people.  Clicks are meaningless.  And yet advertisers are projected to spend $26 Billion this year online [including display, search, video, and other categories of online advertising].

Since the internet became a serious advertising medium, marketers have clung to CTR as THE metric.  It was presented to them as the holy grail of performance metrics.  Compared with traditional advertising, click throughs were a major breakthrough.  Advertisers could get reports on impressions [how many people saw their ads] and get reports on what they viewed as “ads that worked” [clicks].  These numbers were easily measured and easily reported.  But since the very first banner was delivered, the CTR has only moved in one direction – down.  So there’s good news and bad news: the good news is that although Click Through Rates are still declining, they’re beginning to stabilize.  The bad news is that they’re stabilizing at about 0% – AT ABOUT NOBOBY!  NOBODY CLICKS!  And even worse, among the very, very few that do click, conversions (those people that follow a click with a purchase, registration or some type of measurable commitment towards the brand) have declined at even greater rate than clicks – because the wrong people are clicking in the first place.

Very early on in the history of internet advertising, those people that sell online advertising realized that they didn’t in fact have the holy grail; they saw the data, they knew that clicks were only moving in one direction and that didn’t look good for them. So they tried to steer their customers away from clicks and towards “the branding” ability of online advertising to try and get the major players to commit ad dollars to their medium.

Whether it was their efforts to talk about “the branding” ability or some other reason, many brand marketers have agreed and committed to a presence; clearly online is an important medium. They are spending significant monies there and, more importantly, adjusted their expectations about the return on investment metric.  They have come to realize that CTR is not the holy grail it was first presented to be.  The problem is they still get those CTR reports and haven’t embraced a new measure.

Well the root of this dilemma is that traditionally, the more expensive the medium the more advertisers invest in advertising evaluation. Television is an expensive medium and so advertisers are willing to test their ads before airing them; billboards are relatively inexpensive and so advertisers do not invest the money to evaluate them.  Their thinking is, why evaluate a billboard ad for more than it costs to create it?  Online advertising falls in this category: inexpensive to produce so why should I test it?  Advertisers used to be able to conduct a quick two cell test of their banners and whichever one garnered the most clicks was the one they would launch.  Well, when you change the conversation from “CTR” to “branding” that doesn’t work.  It also doesn’t help that people aren’t clicking so there’s nothing to measure.

So what’s an advertiser to do in late 2012?

Many advertisers already get it about click rates but still using the wrong metrics.  Many have graduated from CTR to uniques and page views.  The problem with uniques and page views is that they’re media-buying effectiveness measures of reach and frequency, not advertising effectiveness measures.

Advertising is about more than that first step.  If it wasn’t, then when TV was invented it would have immediately been followed by the “IGOTSARTTSR” (“Immediately Get Off The Sofa And Run To The Store Rate”).

The CTR (Click Through Rate) is as irrelevant a measure for big brands as the IGOTSARTTSR.  It’s not the way advertising works; just because someone sitting at home on their sofa watching TV doesn’t immediately jump off the sofa after seeing your commercial doesn’t mean it isn’t working.

Let us help:

  • Evaluate the effectiveness of your digital advertising with metrics that go beyond CTR.
  • Evaluate how well your digital advertising is working with your traditional efforts.

Plan for Disruptive Change

September 12th, 2012 Comments off

In every vertical, in every market, a common theme is emerging that characterizes successful marketing – “innovate or die.”

Disruptive changes within various markets were once the exception and were admired in trade publications as case studies for innovation.  To say the world of marketing has changed in the past few years is a tremendous understatement.  Innovations that foster disruptive change are no longer the driving force to market success.  Markets themselves have become disruptive in nature and foster the need for innovation as table stakes to be part of the game.

Name a market that is not characterized by tensions between global and local cultures resulting in dynamic shifts in product attitudes and in usage behavior.  Name a market where mobile and digital applications are not radically affecting how brands engage customers as part of the relevant dialog that customers expect from all relationships.  Name a market where customers are not seeking new physical and virtual experiences that go beyond simply satisfying a cognitive need.  Name a market where global economic conditions have not shifted to create a “new normal” expectation of trust for brands to deliver on their brand promise.

Now, look at how most planning has changed to address these disruptive market conditions.  Ok!  We made you look.  It was a trick question.  Most planning has not changed and can be characterized by the following:

  • Hierarchy processes driven primarily by price
  • Lack of review of solutions compared to needs for existing “process fillers”
  • Multi-year contracts for large expensive solutions that result in a disincentive for innovation
  • Reluctance to try any new approach that has not already been tried by several other companies

These processes remind me of an old poster I saw years ago… two eyes staring out of a cave with the caption: “If you are very careful, nothing good or bad will ever happen to you.”  Of course, in today’s marketing environment, being very careful means that something very bad could happen to you.

As you might expect, market leaders are taking a different approach.  Table stakes are not good enough for them.  Their planning processes reflect the new normal disruptive marketing environment:

  • Shorter planning cycles
  • Involvement of purchasing for general budget setting, but not selection of specific solutions
  • Speed to trial of low cost, low risk projects involving new approaches to research
  • Free-flow of idea sharing between various research teams to rapidly scale new solutions
  • Organizational transparency that involves brand managers in the problem definition and research solution design stages
  • Rapid conversion of research solution measurements into organizational metrics that scale across  and connect  marketing and operations processes

In the end, and that can become an unfortunate but true metaphor for many companies, simple fear of change and love of policy and process creates an organizational inertia that prevents a true response to the very real nature of markets.  Nowhere in an organization is that more reflected than in the planning process.  Markets have delivered a simple, clear, consistent and uncompromising message to marketers and their planning process – “innovate or die.”

The choice is yours.