edition 37 july 7 2005
 

a revolution in tv production

After media, television production is one of the largest investments made by advetisers, yet most of this invesment is redundant once the media has run.

In this P3 e-news, we look at one way new technology is helping advertisers achieve maximum value from their advertising production investment.

P3 - helping people achieve commercial purpose through creative process

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Turn $00,000s of $000,000s of tv production into priceless CRM

Many of P3TV's clients are concerned that their production costs are too high. When measured against media investment, production can often be as high as 30% - 50% of the total. That's why we were excited to discover the work of a company called QDC.

QDC has taken the latest editing and postproduction technology and made it cost effectively available to advertisers to yield greater value from your production costs.

The value of your motion picture assets

Many advertisers have already identified the value of their digital print assets, with investment in digital asset servers and management programs on the increase. Imagine thinking of your television production the same way?

At the moment the cost of television production is simply a cost associated with television and cinema media. Occasionally advertisers may use the execution on their website or perhaps at point of sale. But beyond that the execution is purpose made and is largely disposed of once the media and the campaign has run.

Instead of thinking of television production as a cost, think of it as investing in developing motion picture digital assets that can then be re-purposed to be used in local area marketing, point of sale displays, telephony with MMS content, e-mail campaigns or customised interactive digital television. Suddenly you have a communications asset that can be managed and used to yield maximum value.

Revolutionising traditional production processes

As any advertiser knows, ask your agency to change the super, or a product, or a logo or add versions of store addresses and you get hit with significant costs. Agency costs for art direction, copywriting and agency producer can amount to $2,000 - $12,000 for the simplest changes. Add to this the cost of additional masters ($200 per version) plus editing costs at up to $900 per hour, plus artwork or supers at $250 each and soon the cost of creating customised versions becomes cost prohibitive.

The QDC system changes this paradigm by placing your valuable digital motion picture assets in your hands 24/7 to customise for a wide range of applications from retail and local area marketing to CRM and direct marketing through an extensive range of channels at a very affordable price.


The technology advantage


Using online technology to access a digital asset database, the QDC system allows advertisers and their agencies to access their motion picture assets (such as television commercials, corporate videos, product videos) and create new executions for much less than traditional production costs.

Just consider the impact of:

1. Being able to create versions for each store with a unique product selection and pricing for hundreds of dollars per version, instead of thousands or tens of thousands.
2. Cost effectively re-purposing brand television commercials for retail or local area marketing with on-line re-editing, re-voicing and supers.
3. Or emailing the latest brand campaign launch commercial to all of your company employees or shareholders with a personal greeting and details of when the campaign will break and the projected results just days before the official launch.
4. Or instead of running the television ad at point of sale, being able to create a customised version of the ad and the message unique to each store location.
5. Or being able to MMS your latest product television commercial to your existing customers with each version customised with the customers name and a unique offer for a fraction of the cost.


Unlocking the value of your television production

Having seen a demonstration of the QDC system, we believe it will not only pay for itself rapidly through allowing the customisation of traditional television commercials much more cost efficient, it will revolutionise direct and CRM marketing by unlocking the currently wasted value within advertiser's existing television production assets.

To find out more on the QDC system, or to organise a demonstration for yourself, contact QDC by email at info@qdc.net.au or contact P3 on tv@p3.com.au and we can provide an assessment on the possible savings the system could provide you.

marketing and advertising summit - sydney 2005

 

The Australian Marketing & Advertising Summit is on again on September 21 and 22 at the Sydney Convention Exhibition Centre.

Themed Partnership for Success, P3 is again  involved, sponsoring this valuable industry event and chairing the session on the use of music in advertising. To find out more or to register go to www.acevents.com.au/ad2005/ 

   
reducing government costs
 

 

Darren Woolley, founder of P3, is speaking on "Reducing Advertising Production Costs" at this year's AMI 2005 Government Marketing Conference.

Title "New Ways for Government Marketers" the conference is an ideal opportunity for Communication and Campaign Managers at all levels of Government to hear on the latest industry insights, techniques and processes.

The conference is to be held at the Marriot Hotel, Surfers Paradise from Wednesday 3 - Friday 5 August 2005.

For more information click on the link to the AMI website

     

P3 recieves business award

 
 

Georgia Suttie of P3 receives a finalist certificate from the Minister of Small Business, the Hon. Fran Bailey MP at the recent Telstra Australian Government Business Awards held at the Sofitel Hotel in Melbourne.

We would like to thank all of our consultants, clients and supporters for helping make this possible.