Just a really quick one. Two buzz words have dominated media planning in the past few years. About 5-6 years ago it was all about relevance – making sure that a message is relevant to the mindset and interests of an audience whilst they are consuming a particular medium. Then over the past two or three years people have been talking about engagement a lot, so not only do we want people to find something relevant, but we want them to actively consume our message rather than just passively absorb it.
Today I read an article in new media age about Twitter’s Promoted Tweets model and the news that if a brands messages are not forwarded on enough by consumers then the brands will be dropped, but without charge. It’s a really interesting payment model and launches a whole new trading option on the media world – PPR = Pay Per Resonance (You heard it here first) – the idea that brands pay for the viral effect of a campaign.
I can’t imagine that traditional creative agencies would want to be remunerated on such a basis any time soon, but it could be a revolutionary formula for some of the challenger digital agencies who really want to stand out.