The Future of Media, Ads and Commerce (Andrew Lipsman, Independent Analyst & Consultant at Media, Ads + Commerce)
May 23, 2024
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Andrew Lipsman, Independent Analyst & Consultant at Media, Ads + Commerce, discusses how creators are shaping the future of media, ads, and commerce. Topics include the Creator Era, successful creator traits, challenges faced by creators, and the impact on traditional media and marketing channels.
The Creator Era in media signifies a shift towards authenticity and cultural resonance led by successful creators like Taylor Swift.
Creators disrupt traditional media and marketing by going direct to consumers, collapsing the funnel and challenging established brands to adapt.
Deep dives
The Evolution of Media and the Creator Economy
Media has evolved significantly over the last 40 years, with distinct eras from mass media dominance to digital fragmentation. The creator era is emerging as the next phase, focusing on common cultural touchstones led by creators like Taylor Swift. Creators bring authenticity and resonance, reshaping the media landscape by re-aggregating audiences around their content. Successful creators break the mold, break through, and eventually break the system, becoming dominant cultural touchstones.
Shifting Models of Media Advertising and Commerce
Traditional media value chains have transitioned from simplicity to digital fragmentation. In the new era, creators and influencers play a crucial role by providing the signal in the noise of infinite content. The future media value chain centers around creators, who transcend platforms and become the focal point of media ecosystems, influencing both media and commerce. Brands need to adapt to the creator-led model to resonate with modern consumers.
Successful Creatives in Mainstream Success and Disruption of Traditional Channels
Successful creators differentiate themselves by breaking the mold, breaking through, and potentially breaking the system, exemplified by figures like Taylor Swift in controlling their creative narrative. Creators disrupt traditional media channels by going direct to consumers, leveraging platforms for audience growth, and seamlessly integrating media, advertising, and commerce. Their ability to collapse the funnel drives direct commerce and advertising, challenging established brands to adapt.
How has media evolved over the past 40 years, and what cultural touchstones have we lost along the way? What defines the Creator Era, and how does it represent a paradigm shift in media consumption and creation? How have traditional models of media, advertising, and commerce changed over time?
Why do creators hold significant power in shaping the future of media, ads, and commerce?
What sets successful creators apart from the masses, and how do they navigate the path to mainstream success? How do creators disrupt traditional media and marketing channels, and what challenges do they face in doing so?
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