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  • Vijesti

    Wüsthof Sharp Systemic Brand Identity with Gigodesign wins Red Dot Award

    How to win a Grand Prix in Cannes?

    The best of Latvian and Estonian advertising

    Enjoy the summer with Cinedays Film Factor 20

    Lokomotiva and SentecaCommerce signed a partnership for 12 European markets

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  • Tema sedmice
    daljinski-naslovnica

    Television Audience Measurement: In Serbia, the media are in a race to the bottom for every extra “click”, while in Croatia HTV has undermined the principle of joint monitoring

    This global pandemic, coronavirus, cuts across all geographical borders regardless of cultures and language. What is the role of Public relations today?

    Slaven Fischer: Creativity doesn’t reside in buildings but in people, no matter where they are. It’s natural for people to work from home.

    Janja Božič Marolt: As in every crisis, there will be a lot of victims and some winners in the communications industry of the region.

    Shortcutting Video: New Study Highlights the Effectiveness of 2-second Ads

    Topic of the Day: Can artificial intelligence replace human intelligence and emotions. Is technology a servant or a master?

  • Intervju

    Miranda Mladin: Keeping consumers’ attention is every brand’s biggest challenge

    Nataša Mitrović: I understood that the Balkans should be my primary target area and that, once I had become a shark in the Balkans, then I could make my way “back” into the big world and swim in the sea with the other sharks.

    Ivan Stanković: I admit to having great fun and enjoying myself enormously working on my show, What I am to you and who I am to myself.

    Scott-Gould-naslovnica

    Scot Gould: Stop doing anything that you do that isn’t valuable, tell everyone about that offering, and don’t stop!

    lazar-naslovnica

    Lazar Džamić: We are experts at preferring the byways, swamps, and chasms, so that we can keep on going in circles, lost in space

    Irena-naslovna

    Irena Kurtanjek: Contributing to the Communities in which we Operate is the Foundation of Nestlé’s Business

  • Kolumna

    Sponsors? What that?

    misa-naslovnica

    Miša Lukić: What can start-ups learn from sperm?

    Do Brands Always Need to Sell Aggressively to Grow?

    Price of Hate

    The Advertising Industry: From Alchemists to Distributors and Back Again

    Milena Garfield: It’s not long since I said: If it ain’t live, it’s dead

  • Dnevnik

    Diary of a Methuselah #176 Will our industry come out of this better and smarter?

    Diary of a Methuselah #159: Ivo Pogorelić and Zoran Todorović weren’t attractive enough for sponsors in Sarajevo

    Diary of a Methuselah #157: The Young Leaders of Tomorrow, a great event for young people who are ready to assume responsibility for the future of industry

    Diary of a Methuselah #156: I’ve been writing my Diary for three years now, and I don’t think I wrote anything smart

    Diary of a Methuselah #154: Three days at the PRO.PR Conference

    Diary of a Methuselah #153: Portal Media Marketing starts a new life today

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    Mladi liderji – Saša Droftina, Luna \TBWA: Želela bi, da bi se spremenil odnos do pitchev

    Mladi Lideri Kristina Gregorc

    Mladi liderji – Kristina Gregorc, Mercator: Zelo sem optimistična in izjemno ponosna in vesela, da sem del tako velike in uspešne ekipe

    Mladi Lideri

    Mladi liderji – Maša Crnkovič, Futura DDB: Največji izziv je vpeljava podatkov in feedback-a uporabnikov v procese dela

    Young leaders – Aneta Nedimović, New Moment Belgrade: Articulating ideas and the value of those ideas is an art form and a skill

    Mladi liderji – Matjaž Muhič, ArnoldVuga: Želel bi več časa za razmislek, za delo, za raziskovanje

  • Tri pitanja

    Robert Wester: Strategic communications is at the top of the European Commission’s agenda

    Chris Pomeroy: Tourism in 2019 accounted for 1 in 10 jobs on the planet and until now it was resilient to all manner of crisis

    Andrey Barannikov: The role of PR in Russia is changing and becoming more strategically important both for brands and communication agencies

    francis-ingram-naslovnica

    Three questions for Francis Ingham, Managing Director of the Public Relations and Communications Association (PRCA) & Chief Executive of the International Communications Consultancy Organization (ICCO)

    3 questions for Svetlana Stavreva, President of the International PR association (IPRA): Today, people are demanding that organizations do what they promised

    Three questions for Petra Krulc, Senior Vice President of Celtra

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Home News

Moon Marketing: innovative new media channel or just a PR stunt?

Are the bragging rights worth the terrible ROI that this kind of advertising would entail?

25/12/2017
in News
4 min read
Moon Marketing: innovative new media channel or just a PR stunt?

Drugi jezik na kojem je dostupan ovaj članak: Bosnian

Source: TheDrum

As the race to the moon continues, a Japanese start-up has predicted we could see billboards on the moon as early as 2020.

Japanese company Ispace told Bloomberg that while a thriving lunar economy was still decades away, the initial business opportunities on the moon’s surface will be marketing-related with sponsored spacecraft and billboards.

Brands are no stranger to space-based marketing. From Red Bull’s Stratos project, which saw eight million people tune in to watch a man jump to earth from the edge of space, to Audi’s collaboration with German start-up Part-Time Scientists for the X Prize competition, which will see an Audi branded lunar rover travel to the moon and back next year.

Brands have been hoisting products into space for years. It started in the 1960s, when Omega put its watches on astronauts, hit new heights in the 1980s, when Coca-Cola and Pepsi developed space cans for astronauts, and, in recent years, there has been a flood of diverse brands including Kit Kat, Hyundai, Sony, Confused.com, Pizza Hut, Kodak, John Smiths and Porn Hub.

With the atmosphere well and truly conquered by brand marketers, does the moon represent an innovative new media channel for brands? Or, is it just another opportunity for public relations stunts?

“Economically, it seems to be a very interesting proposition to think about extra-terrestrial opportunities,” says Peter Petermann, chief strategy officer at MediaCom China.

“As it becomes cheaper and cheaper to send stuff into space, surely demand for orbital payloads will go up. As companies such as Google, Tencent, Amazon and Alibaba seek to bring the Internet to even the remotest parts of the planet the need for orbital communication satellites will grow exponentially. However, eventually, this demand will find its natural boundaries.

“The question of marketing in space, however, is an entirely different matter. With private space travel and commercial carriers, the moon is now closer than ever. I very much doubt that “lunar marketing” will ever be anything more than a stunt for only a very few select brands.”

Petermann believes there are a number of obstacles for brands looking to showcase their logos on the moon, including regulations against advertising in space, and a lack of benefits for a brand to be there, beyond the kudos of being the first brand on the moon.

“It may make sense for Audi to develop a rover and send it to the moon to demonstrate their “Vorsprung durch Technik” proposition, but there is absolutely no reason for a chewing gum or a shampoo to put up a billboard on the moon.

“The first billboard on the moon will generate attention and buzz, but not many people will care about the second one,” says Petermann.

Plus, the ROI will be terrible, he adds.

“While Red Bull reached a lot of people, the actual ROI of this marketing stunt was not all that great: the official cost of this jump was $30m – and about 5 years of planning – and the media coverage was worth about $30-$40m. In fact, the unofficial numbers are probably much worse,” says Petermann.

“You definitely can get a better ROI by running TV ads. And again: the cost of taking a brand to the moon may be just bearable for a few first movers because of the media attention they will get. But for all the followers, it will definitely not be worth the money and the effort.”

“While I am all for innovation and creativity, I don’t think that it will make sense for more than a handful of brands to actually create lunar advertising, regardless of how many rockets may be going up in the near future. So, reach for the stars creatively, but stay on earth when it comes to your media channels.”

However, Satoshi Chikayama, senior creative director at TBWA\HAKUHODO Japan, takes a more romantic view of the potential for Moon-based marketing.

“A few years ago, an acquaintance working in space technologies told me: “There’s no indications of exploitable resources on the moon, so there is no pragmatic reason for mankind to continue exploring it”. His words got me thinking… What about the centuries and centuries worth of human fascination with the moon? Isn’t that a “resource” that can be mined?

“I think the new marketing space race is a clear indicator of this latent potential. The weight and legacy of so much civilisation, thought and wonderment at that silver orb in the sky will be with us as long as we are alive, and therefore is an immense opportunity for brands.”

Chikayama points to our age-old fascination with the moon, which plays a central role in many myths and folklore from cultures around the world.

“The moon has particular pertinence in Japanese folklore including the story of ‘Princess Kaguya’, a beautiful maiden who came from the moon, and our ‘Moon Watching’ festival in the fall every year, which is an ancient tradition that still continues to this day.

“The moon has always been imbued with a romanticism, as our closest gateway to the big, wide universe, so I do believe that any initial marketing opportunities leveraging the moon must take our centuries-old embellishment, and use it to maximum effect.

“Communication must be built and designed not only with practicality and pragmatism in mind, but made through stories and ideas that stir peoples’ hearts and minds…and let us dream big,” says Chikayama.

 

Tags: AudiBloombergMoonPRRed Bull
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