Becoming Gatekeepers: How Old Media Can Leverage Brand Trust

28 11 2007

“This is art? My 4 year old could paint this”

Any person that has ever walked into a museum, especially of the modern/contemporary variety, has no doubt uttered an iteration of these words. Lets face it, art is an ambiguous concept and us laymen goto museums because people that know far more than us about the art world carefully curate the pieces that are displayed. They are our filters to the art world, and I would say 95% of the art I am exposed to is in museums. Of course, aficionados have expanded circles of exposure beyond museums such as galleries, art shows, artist friends, publications, books, etc.

The art world is a great metaphor for today’s media landscape because for the same reasons that we allow curators to filter our peek into the vast artistic realm, we allow media outlets such as Vogue, CNN, BusinessWeek, etc. to filter our fashion dos & don’ts, world news, and business thinking. The answer? Trust.

As productive people we often don’t have the time to waddle through 3000+ blog posts a day so we either trust other bloggers like Robert Scoble to filter news for us, or let it bubble up to mainstream trade publications and news sources. To further clarify, just like in the art world the hardcore among us read everything ourselves and conduct our own filtering, but that is merely because our egos tell us that we are the best curators for our information, which sometimes can be true as no one else knows what information you deem most relevant.

So, what is this holy grail that I speak of?

Well the most trusted media sources are offline entities, although they may have online components. Therefore, they are in a position to leverage their clout to become online filters for their area of expertise. For example Vogue should reach out to fashion bloggers, allow them to become affiliates that they can sell ads for, and create a mini-portal where they aggregate posts they feel are most relevant for their readers on their site. It’s a win-win situation: Bloggers get better CPMs and more exposure, and Vogue becomes a gatekeeper and increases their online ad revenue. I spoke about topic-centric vertical ad networks in my previous post and in my opinion these old media powerhouse names are best positioned to take advantage of this new trend.

Thoughts?

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