Ad News and Views from Around the Web

Yahoo’s March Madness hoop dreams; recession brand lessons; data’s not everything; 2010 looking up, and more

Calling all bracketologists
March brings with it green beer, spring flowers and, of course, three weeks of hoops hysteria in the form of the NCAA college basketball tournament. This year’s Yahoo! Sports March Madness line-up is stronger than ever, beginning with our seasoned veteran, Tourney Pick ‘Em. The contest pits Yahoo! users against each other and the “experts,” with cash prizes of up to a million dollars on the line. Something new and cool for this year’s tournament is “Predictalot,” an experimental app from the brainiacs at Yahoo! Labs: Predictalot enables fans to make all types of prestidigitations, then assigns odds and lets users buy and sell them like stocks. Yahoo! has also created a dedicated mobile site just for your tournament picks, as well as a new web show, “Bracket Madness Live.” Picking begins this Sunday after the match-ups are announced, and the usual bracket-busting begins Thursday, March 18.

JWT’s top ten lessons recession brand lessons
Those JWT guys sure are into their “top tens.” The global agency spent a year surveying brand and consumer response to the recession, and came up with ten key brand lessons for surviving a downturn. And then they put them all in a book, which you can download for bupkis—well, in exchange for the usual name/rank/serial number data, anyway.

It’s not all about the data?
Yep, that’s what Dax Hamman says in AdExchanger.com’s Displaying Search column. Hamman, the VP of Display Media at iCrossing, says that “Search and analytics data has helped define media programs for some time…Data is essential to this evolution in media.” But, he also says, “As an industry we must remember that we are talking to real people, not just pixels, and real people will always respond better to something that is visually exciting, has sizzling copy or simply makes them say ‘wow’.” In short, creativity’s still king, kids.

High Standards
It may still seem like the Wild West when it comes to digital advertising but, rest assured, the frontier days are over. Today we have high standards, as ClickZ’s Hollis Thomases explains.

2010 looking up for marketing execs
According to a recent survey of more than 400 North American marketing execs performed by the research firm Frost & Sullivan, marketing execs are viewing the glass as at least half full. Budgets remain flat, staffing and processes remain an issue, and the biggest challenge remains the global recession. But, nevertheless, marketers are finding that life can be so sweet on the sunny side of the street.

— Michael Mattis

(Hoops image by Ryan Fung via Flickr, CC 2.0)