Commoditization Schmoditization
TargetSpot buys rival Ronning Lipset Radio and results in forming the largest online radio ad network. TargetSpot brings together CBS Radio, Entercom, AOL Radio, Yahoo, and more than 1,000 other online stations comprised of more than 50 radio groups and web properties. The TargetSpot CEO (Doug Perlson) says combing the sales and technology structures positions them for the "strongest monetization possible."
He says "monetization" -- I say "commoditization."
Toe-MAY-tow.
Toe-MAH-tow.
What would you call an online system that requires no actual understanding or comprehension of marketing or radio advertising or web strategy in order for you to be able to produce and place advertising spots and web banners? Just because you can get a great price on a set of scalpels at The Dollar Store doesn't make you a brain surgeon.
TargetSpot (and other systems like it) allow the amatuers to pose as professionals. It puts Buyers in charge of strategy and execution. I don't care how good a negotiator might be, I don't want them writing my radio spots or designing my display ads.
Point. Click. Crap.
You think terrestrial Radio sounds like shit NOW?
It's not going to get any better when ALL the spots sounds the way a posting on eBay reads. This is the level of "expertise" that will be needed to plan and execute media advertising.
No one WANTS to talk to a Radio salesperson, but the truth is that the GOOD ones know what they're doing. They've been educated in advertising strategy and marketing techniques that are proven to work in their chosen media. I don't like doctors, but you can be damn sure that if I need an operation I rather have to deal with some complete DICK who happens to be the best at what he does than perform the surgery myself.
Eric Ronning and Andy Lipset of RLR will become co-presidents of TargetSpot, which also absorbs the entire RLR sales team. Lipset says their firm and TargetSpot have been "complimentary leaders and innovators" in the online ad space, and believes they're now poised for "explosive growth."
"Explosive growth?"
Explosive diarrhea.
...Coincidence?
The government stepped in to institute PAYOLA laws. Is it too much to hope that they'll do something about the coming CRAPOLA scandal?
Labels: Advertising, Consumer Generated, Industry, Internet, Rants, Rates, Trendwatch

