Marketing Factoids

  • Only 16 percent of consumers trust what they read on blogs source ›
  • Music sales in the United States will decline to $9.2 billion in 2013, from $10.1 billion this year. source ›
  • Acquiring a new customer costs about five to seven times as much as maintaining a profitable relationship with an existing customer source ›
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NOV 2008

Like a Billboard, but, Oh, So Sleek

New York Times, November 5, 2008 — One of the biggest and fanciest shopping malls in Europe opened here last week in a test of British consumers’ ability to keep spending during a steep downturn. The shopping center, Westfield London, is also shaping up as a vast experiment in making over the humble billboard.

CBS Outdoor, a division of the CBS media conglomerate, has installed more than 100 digital advertising screens at Westfield, including one covering 646 square feet.

The idea is to try to attract new kinds of clients to so-called outdoor or out-of-home advertising, including luxury brands.

Categories: New Media Marketing, Marketing Strategy, Customer Experience
Tags: Armani Exchange, Cartier, CBS, Dolce & Gabbana, Giorgio Armani, Jean Paul Gaultier, Louis Vuitton, MySpace, Tiffany, Yves Saint Laurent, Zurich Financial, brand values, customer interaction, digital advertising, digital billboards, luxury brands, outdoor advertising

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