• This technique is suitable for new products Coping with uncertainty in predicting audiences 2. Modelling audience behaviour: • Proprietary models have been develop for use in analysing and predicting audiences • The model can predict audience behaviour based on factors such as weather, daytime, season, • Demographic variables can be easily predicted, e.g Friday and Saturday evening have more old people watching TV, while there are more children on Saturday and Sunday morning. Proprietary audiences: the struggle over audience ownership • Do they own the audience? • Can the same strategy be used in • The above audiences are not owned advertising? but lured by content • Yes! By creating proprietary audiences Proprietary vs. owned •Audiences are proprietary to your company but not owned because it is not possible to own the audience in a free society- members can exit any time they want. •Audiences are proprietary when the right to communicate to them belongs to an organisations. •Instead of pushing messages as done in conventional media, organisations engage in permission advertising. •The advertisements are relevant, meaningful and sought after •Customers active participation increases advertising effectiveness •New media has enabled people to: like, subscribe and follow their favourite brands. •Similar audiences existed before the internet but not to the current magnitude. •KBC had ‘greeting clubs’, Lucozade had fans, similar to Blue Band, but it is easier to create proprietary audiences today. •Every company can build its own audience via social media, websites, mobile apps. •Traditional media- paid, earned and owned should be used to build proprietary audiences. • . • Proprietary audiences are built upon individual permission. • In both traditional and new media, the audience is not freely available, you fight for it. • But proprietary audiences are different from those of conventional media that were available to many advertisers. • Some industries are more audience centric than others, e.g. entertainment, sports and media. • But all industries gain from large audiences, this is the reason for advertising: to communicate to many people. Disadvantages of conventional audiences 1.Puts advertisers at the mercy of third parties who own the media. 2.Controlled by market forces, demand and supply. The organisation advertising has no control over the audience 3.Pollutes the consumer environment through cluttering 4.Expensive- can only be reached after paying media owners 5.Treats customers as masses Types of proprietary audiences •In hot pursuit of information •Have already decided to buy and are only looking for information to confirm their decision. •Initiate contact with sellers •Look for information of personal interest.