On a previous Blog posting, Give A Little Love To This Coke Ad, I made some indirect statements pointed to media buyers. I am wondering if people who work on the media side of advertising truly understand the deep consequences of what's happening now?
But who gets the last laugh?
Let's say Coke's agency did post the Grand Theft Auto-inspired commercial to YouTube. Now, they're going back to the client to show the millions of downloads - which does not include the viral component or the many other video game and advertising sites that are now posting it - that cost them... zero dollars. Just some time to upload it, maybe spread the word a little and you've got millions of free impressions (and tons of publicity).
Where's the motivation for Coke to run the spot on TV (which is where the real bucks are made for media buyers)? How can media buyers continue to make their commission if the real traction of these commercials are finding a home online, where it's free to post and people will engage in it (if it's awesome)?
This Coke ad is just another ad, in a long line of many, which proves how a 30-second spot with great creative can still work. The challenge is that the spot is working in a medium it was not created or intended for.
What are media buyers going to do if the best creative work is being spread for free and getting the recognition it deserves without a fixed air date or an end?
What service can media planners provide when a quick upload to YouTube will demonstrate (re: test) how much (or how little) the general public cares about an ad?
These are only a handful of immediate questions that I care to post. I guess I am looking to the media people of the world for some answers.