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Can Digital Discovery Live Up to its Potential?

Apr 05, 2018

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    Can Digital Discovery Live Up toits Potential?

    David Card, VP Research

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    Key questions

    How are consumers finding entertainmentand content today?

    Which types of media customers use digital

    discovery? And how? How can media companies best use digital

    and social discovery?

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    Traditional discovery tools still dominate

    Question asks: How do you find out about differententertainment options (e.g. movies, TV shows, music, funwebsites)? (Select all that apply)

    % of online consumers

    Source: GigaOM Pro U.S. consumer survey, 3/12 N = 1,165

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    And 1:1 recommendations rule

    % of online consumers

    Source: GigaOM Pro U.S. consumer survey, 3/12 N = 1,165

    Question asks: How do you make entertainment-relatedrecommendations to others? (Select all that apply)

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    Media consumer segments

    Source: GigaOM Pro U.S. consumer survey, 3/12 N = 1,165

    TV FANS

    35% of consumers 2/3 45+ years old Less likely to pay for

    online video Least likely to have

    smartphone, tablet,

    eReader Most likely to haveDVR

    PRINT FANS

    25% of consumers

    58% male Fairly average use of

    other media Online local news More likely to pay for

    downloads thanstreamed music

    More likely to havesmartphone

    RADIO FANS

    14% of consumers 59% male, older Most likely to pay

    for e-Books, yet onlyaverage e-Bookreader ownership

    Most likely to haveiPad, overall earlyadopters

    Use stores fordiscovery

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    Fans use digital discovery a little more

    Question asks: How do you find out about differententertainment options (e.g. movies, TV shows, music, funwebsites)? (Select all that apply)

    % of segment

    Source: GigaOM Pro U.S. consumer survey, 3/12 N = 1,165

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    Radio, print fans convert to paid content

    % of segment

    Source: GigaOM Pro U.S. consumer survey, 3/12 N = 1,165

    Question asks: Which of the following product categorieshave you purchased online in the last 3 months? (Chooseall that apply)

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    The future: Introducing the Social Explorer

    Source: GigaOM Pro U.S. consumer survey, 3/12 N = 1,165

    Use social networks to findcontent

    17% of all consumers

    Young (40% are 18-34)

    Skew slightly female Heavier users of all forms of

    entertainment discovery andrecommendation

    A third use 3 or more social

    network sites 36% influence friends across a

    variety of categories

    THE SOCIAL

    EXPLORER

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    Social Explorers spread the word

    % of segment

    Source: GigaOM Pro U.S. consumer survey, 3/12 N = 1,165

    Question asks: How do you make entertainment-relatedrecommendations to others? (Select all that apply)

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    And they also help pay the bills

    % of segment

    Source: GigaOM Pro U.S. consumer survey, 3/12 N = 1,165

    Question asks: Which of the following product categorieshave you purchased online in the last 3 months? (Chooseall that apply)

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    A tale of 3 social readers: WaPo

    All promotion but even related WaPolinks dont drive off-site

    No advertising

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    The Guardian

    Leads with editorial curation Rich media ads Promotion of other Guardian Facebook

    pages

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    The Daily

    Editorial and social curation options Enables writer following Ads and download the paid app

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    Key takeaways

    Traditional discovery means dominate dont betthe farm on digital discovery

    Allcampaigns/promotions must be integrated

    Radio and print fans more digitally adventurous,and more likely to convert

    Identify and cultivate your Social Explorers Social strategies:

    Use Facebook for free while you can

    Exploit the startups Drive em home!