An interesting concept caught our eye. Popupspace.com is a new UK-based Web site that has launched to map vacant retail space across the United Kingdom. The site provides real estate agents and landlords the ability to list their properties in a database for those interested in utilizing the vacant space for "pop-up" store concepts.
This is a great idea that has applications in the United States. Considering the vast number of vacant storefronts in metropolitan areas like New York, Chicago, San Francisco, and Los Angeles, a similar concept would work well here. According to a New York Times Article on May 11, 2009 "As Storefronts Become Vacant, Ads Arrive." The retail vacancy rate in New York City rose to 11.2 percent in the first quarter of 2009, the highest it has been since the early 1990s, according to CBRE Econometric Advisors, a unit of the CB Richard Ellis Group.
Going beyond pop-up concept stores this would work well for digital signage advertising. An active database that mapped traffic patterns and demographics could be an excellent tool for media buyers looking to take their client's campaigns down to street level. Companies such as Inwindow Outdoor, WindowGain, Motomedia, and MonsterMedia have proven that projected storefront advertising is effective. Now all that's needed is someone to tie the vacant space together with advertisers in a single marketplace. Even when the economy eventually recovers, the need for landlords to utilize the storefronts on a temporary basis will still be there. This could be a winning concept for anyone willing to take this on, we would, but we're just too busy. :-)
As Software-as-a-Service (SaaS) Continues to Gain More Ground, Does It Make Sense for Your Digital Signage Network?
The software side of the digital signage business is going through a paradigm shift. An increasing number of software developers are offering Software-as-a-Service (SaaS) as an option versus the traditional shrink-wrapped software license. While having more options is a good thing, in this case it can make for a confusing marketplace for the uninitiated. Considering the fact that there are several hundred software developers offering digital signage applications across multiple platforms, it’s a confusing marketplace for anyone thinking about a digital signage application for the first time.
The industry has seen several shrink-wrap-only digital signage software developers enter the SaaS provider space this year. Established SaaS providers such as BroadSign, Real Digital Media, Rise Vision, Mediatile, and Reflect Systems have been joined by new service offerings from Visix, Stratacache, and Starmount Systems.
Software-as-a-Service is not a new concept. Some notable examples of SaaS in the marketplace include Salesforce.com, Omniture, and Microsoft's SharePoint. SaaS-based applications are being used today to manage HR, sales, marketing, and finance operations by many enterprises. Before the introduction of SaaS, most software was essentially static. Delivered under shrink-wrap, these applications lived within a walled-garden environment managed by IT departments. With the introduction of SaaS in the late 1990s, everything changed. It’s important to recognize that SaaS is more than just about delivery, it’s a new model for cost savings and functionality.
Is SaaS Right for Your Network?
A better question might be: Is your organization fully prepared to manage a digital signage network? Not all network developers are ready to run all of the associated services that a digital signage network requires, especially in the early stages of a rollout. A SaaS-based solution can make sense for these types of networks by saving on upfront licensing fees, reducing maintenance, management, and infrastructure costs. Because SaaS-based solutions are Web-based, a SaaS-based digital signage solution offers universal access, enabling network management from any location at anytime. SaaS also provides more flexibility to enable your network to scale up as your business grows, turning on locations as they are needed.
Story Continues on our main portal, Visit Digital Signage Universe
A new research report released by iSuppli projects that the retail digital signage market is on track to triple in size by 2013. According to iSuppli, changing needs of retailers are prompting retailers to move away from traditional advertising and seek alternative means of reaching consumers. Global shipments of digital retail signs are set to rise to 2.5 million units by 2013, generating a Componded Annual Growth Rate (CAGR) of 26.8 percent from 758,122 units in 2008. "Competition is getting fierce among retail outlets, and they are seeking innovative ways to attract new customers and increase average transaction size and frequency of visits among existing clientele – making digital signage a perfect fit for their needs," said Sanju Khatri, principal analyst for signage and professional displays at iSuppli. Another factor driving the adoption of retail digital signage is the demanding and rapidly changing product or service revisions inside retail outlets. As products change quickly and new feature are released, maintaining active communications with consumers is vital for successful merchandizing. Retail digital signage offers a way to communicate these changes to consumers on a real-time basis. "Television and print are costly and not really suitable in communicating with target audiences in a real-time manner," Khatri said. This has prompted advertisers to seek more effective ways of communicating to their target audience groups and to maximize their return on investment. Because of these factors, iSuppli believes many retailers will accept the initial cost of migrating to digital signage platforms given the benefits to retail establishments are greater than the current non-digital signage they are using.
As a rule, we don't write opinion-based articles at Digital Signage Universe. We try to stick with the facts and give our readers accurate information that they can use to make smart and informed decisions. We're making an exception to this rule today to follow-up on a recently announced editorial policy change, and to address other issues that we feel the need to speak out about. As an industry resource we try to offer information that is unbiased, factual, and accurate. We strive to include fair balance so that information isn't skewed in a particular direction. We respect our readers, and know, when given the facts, they are intelligent enough to draw their own conclusions.
After issuing our change in editorial policy announcement, we received a fair number of replies from readers and industry insiders who applauded our effort to take a stand against an ever increasing level of factual distortion, misrepresentation, and over-hyped PR that some companies have been distributing. As we said in our note a few weeks ago, credibility matters—yours and ours.
Think about it this way: imagine for a moment if all of the individuals responsible for today's financial mess had done their jobs honestly and correctly, protecting the public's interest as they were supposed to. Companies like Moody's Investors Service, Standard & Poor's, and Fitch Ratings, if they had done their job— gauging credit-worthiness with honesty— without being blinded by greed, we wouldn't be in the situation that we're in today. Does anyone really think that any of these companies can regain their reputations and restore the public's trust in them again? We don't think so. The abusive business practices that many of us have turned a blind eye to in the past are no longer acceptable, they can't be.
The "gold rush" mentality that has taken over the digital signage business is not a free license to cast aside the basic rules of principle and ethics. While most companies in the digital signage industry are doing great work, and should be recognized for their contribution in growing this space, there are a few "bad actors" within the industry that have left a bad taste in the mouths of some clients, and in turn have caused damage to the industry.
Riding The Bull
Since starting Digital SIgnage Universe almost 2 years ago, we have met some really outstanding people in the digital signage industry. We've listened and learned great deal from many people within the space, and we thank everyone for their time, insight, and consideration. We also appreciate all of the positive feedback we have received about our site. However, not everyone is happy about the fact that our site, Digital Signage Universe, has come into being. In some ways we have ruined the party for some by offering more information and resources than they would like end-users to know about. We have built our Portal and Directory in a way that attempts (there's always room for improvement) to be all inclusive, unbiased, and easy to use, so that end users have the opportunity to see all of the available options and possibilities. We believe that people need to be given a complete picture so that making complex choices about hardware, software, and partners is done with all the available information in hand.
We know we're not alone, and there are several great Web sites that offer outstanding coverage of the industry that we read regularly, and we encourage you to visit as well. To start with, we recommend Dave Hayne's Sixteen:Nine blog and Bill Gerba's Digital Signage News Blog, both offer honest and highly experienced industry insight and information. Gary Kayye's rAVe Digital Signage Newsletter offers excellent coverage from the AV integrator's point-of-view. David Weinfeld's Digital Signage Insights looks at emerging trends between digital signage and the world of branding, marketing, and advertising. ExpoNation's Digital Signage Expo Portal has done a great job of taking what was a tradeshow specific site, and have transformed it into a well-balanced industry news and information resource. NetWorld Alliance's Digital Signage Today is the oldest industry portal offering in-depth industry coverage. The Just Out-of-Home Media Blog offers a hip, streetwise, New York City advertising professional's view of the the digital out-of-home industry. Ken Goldberg's Broad Thinking. Narrowcasting blog offers excellent industry insight. We also like Adrian Cotterill's DailyDOOH Web site, while we don't always agree with their style of coverage, the DailyDOOH shine a bright light on many issues within the industry and tends to dive deeper into industry issues. We're also fond of the DailyDOOH's CEO spotlight section that offers unique industry perspective from leaders around the industry, it is well worth a read. Finally, we subscribe to James van Etten's Clippings Newsletter which aggregates important industry news links into a daily email. Van Etten's Clippings offers its readers a valuable daily resource that puts each day's top industry news, with worldwide coverage, into a single easy to use link interface. Well worth subscribing to if you're interested in keeping up with the business.
Beware of Bum Steers
And now to the bad and the ugly. There are several "pay-to-play" sites that pretend to offer themselves as industry resources while steering visitors to specific products and services. If you're new to the industry, or if you're an end-user doing research on digital signage on the Internet, it's easy to get caught in this tangled Web of skewed, biased, and misleading information. Eric Kanagy over at The RedPost recently blogged about this issue in an article called The Revolution: Less BS, where he highlights some of the leading culprits of these pay-to-play schemes.
In some industries and cultures pay-to-play is considered a "normal" business practice. The problem with "pay-to-play" for the digital signage business is the fact that end-users (The customers and clients that we all want and need to grow our businesses) are being mislead, and there is nothing innocent about what is happening here. For this industry to grow, we all need to be thinking about what's best for the end-user and discourage this practice.
If you're researching digital signage on the Internet and use "Digital Signage" to begin your keyword search, it's very easy for you to land on a group of Web sites that market themselves as "resources" but in fact are designed to steer you to specific products and solutions. While not illegal, it is very misleading and in our opinion—unethical. Being at the top of Google search results is not an endorsement of credibility or quality. The plain facts are that many of the sites that you see at the top of Google's "Digital Signage" search results are there because they have manipulated the search engine results by paying other sites to link to them to increase the their number of inbound links, thus boosting their position on Google's index. Google discourages this type of activity, but it is very difficult to enforce completely. The digital signage business is a young industry that in many ways has been compared to the early days of the Internet—It's a new frontier, and in many ways it's like the wild West.
If we could offer you one piece of advise— it would be to search deeper, do your homework so you know the right questions to ask, and investigate very carefully who you're taking advise from. Try to find true resources that make your deployment needs their priority. This way you won't end up getting a bum steer.
Big Changes Ahead
The intersection of technologies that has given birth to this industry has created great opportunities. We've seen some exciting solutions, products, and deployments—but, it's only the beginning. This business is changing rapidly, we've seen a glimpse of what's coming—and bigger changes are on the horizon. We're excited about the digital signage industry's future, and look forward to sharing it with you.
We're interested in hearing your opinion, Please feel free to write us about these issues, or anything related to the digital signage business at: press@digitalsignageuniverse.com
This business is changing quickly. New products, services, companies, and installations are announced at an ever-increasing rate. As the amount of daily industry news grows, it has become an increasingly more difficult task for us to check every release for accuracy and post information in a timely manner. We have, until now, trusted that the information being sent to us is accurate and factual.
While we expect a certain amount of embellishment in a press release, we also expect that it will be accurate. It seems that some companies have been pushing the envelope on their facts in an effort to gain attention and market share. At a time when we are all looking to raise the profile of the industry, none of us can afford to have our credibility damaged. Credibility matters—yours and ours.
We recently carried a release on our site (which has now been removed) that marked a new low for distortions of fact. We understand that this release had a significant amount of “blow back” for the parties involved, and so Digital Signage Universe will now be vetting releases more carefully from this point forward.
Digital Signage Universe is slowing down the process to make sure that the information we receive is indeed accurate, and that credit is given where credit is due. We ask that other industry news sites to do the same. Posting company news is rarely mission-critical, and accuracy matters more than speed.
For our clients and trusted sources, Digital Signage Universe will make sure that your information gets posted in a timely manner.
Digital Signage Universe was created to highlight digital signage as a marketing and communications tool. The goal is to feature the best-in-class installations, technology, and creative executions the industry has to offer. We carry industry-related news, such as new products and services, as a service to our readers in order to provide a complete and relevant news source for the industry. While we appreciate all of the news that is sent to us, we want to make sure that the information we do carry matters to our readers.
We have heard from some of you about this issue and we're interested in hearing your opinion. Please feel free to write us about this or anything related to growing the digital signage industry.
Contact us at: press@digitalsignageuniverse.com
Keynote Presentation (Day 1)
KioskCom opened with a keynote address called Full Service, Self-Service, outlining Delta Air Lines transition toward integrating self-service touch points into the consumer experience. “When you embark on a self-service venture, cost cannot be your only goal,” said Joshua Weiss, Managing Director of Delta Airlines’ Delta.com, Self-Service, & CRM. Mr. Weiss addressed a packed room. “Self-service is about offering a consistent experience across all consumer touch points,” said Mr. Weiss.
The way people interact with media has changed. No matter what the media platform is, people expect their brands to be available to them all the time. The challenge for marketers is to provide a consistent experience across print, broadcast, online, and mobile media.
Delta has just completed a merger with Northwest Airlines, making Delta the world’s largest airline. The merger has required the integration of both airlines’ systems while maintaining a seamless experience for consumers.
“The way to the future isn’t about expensive hardware,” said Mr. Weiss. Marketers need a strategy that puts the customer in control of their experience. Self-service is about having options and providing a streamlined experience for the end-user.
Self-service needs to be front and center to be successful. Delta’s self-service strategy is multifaceted, including new product development, interface design for improved usability, and facilities changes to streamline the flow of traffic through their terminals. The end result has yielded higher customer satisfaction and increased productivity for Delta—80% of customers now use self-service through delta.com.
Read the full story including conference sessions and keynote presentations on Digital Signage Universe