As storefronts become vacant, ads arrive

12 May 2009 | 21:15 - By Stefano Boscutti

Almost every category of advertising is declining precipitously in this economy, but there is one that is thriving.

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Taking advantage of all the abandoned retail spaces in urban areas, marketers are leasing them at cut-rate prices and filling them with their ads. At first, advertisers saw storefront advertising as a poor man's billboard - that is, a bad thing. Now, they see it as a poor man's billboard - that is, brilliantly frugal.  Ads for Intel that went up on Monday capitalized on the bankruptcies of stores like the Disney Store, Domain Home and Comp-USA, filling their former shops with digital billboards. Just what you need.  More advertising in your life.

http://www.nytimes.com/2009/05/12/business/media/12adco.html

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Comments (1)

20 May 2009 20:22 AEST

rb

From: London

entropy or bust

Hey Boz, so much of business is wasteful - like an old ad-age, 50% of my advertising is wasted i just don't know which 50%... in a clean carbon economy - less waste - and a business sector that realizes its key assets are communication (people, not machines) and information (machines, paper, etc.)... i'd also like to see a social wage (pay people to stay at home, as they mostly don't actually produce anything, except information), and then maybe pay them to wear the t-shirt too...?

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About this Blog

New New Media looks at how our mediascape is exploding to bits. How the latest technology and the internet are changing the way we live, work and play. How the latest media is shaping us all.

Stefano Boscutti is an executive creative director and strategist. He's like a better looking version of Todd Sampson. He also has an abiding faith that stories and wordplay (and not powerpoint presentations) will change the world.

 
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