Media Head, Reliance ADA Group "TV, newspapers and magazines have all changed so much, but we research them in much the same way we've been doing in the past". Many moons ago, much before the age of media, Thomas Robert Malthus, the 19th century English demographer and political economist, had predicted that the world was headed for a disaster as the geometric growth in population (1, 2, 4, 8, 16, ...) would outstrip algebraically growing food supply (1, 2, 3, 4, 5, ...) by the middle of the 19th century. His prediction didn't quite come true for many reasons, but Malthus simply took recent trends and projected them indefinitely into the future, a method that often fails for complex systems. |
But it seems we are being revisited by Malthus in the 21st century, especially in media measurement. I look at my own media habits, those of the people around me, and find a dramatic shift in their media consumption habits of, say, 10 or indeed five years ago. The media options and the complexity in media have indeed grown at equivalent of a geometric pace "" and it is my belief that the improvements in our media research such as those represented by surveys like the IRS and NRS are at best incremental. Almost the entire focus of media research seems to be on trying to understand a narrow aspect of the supply side of media. The demand side is not studied with anywhere near the same rigour or frequency. |
The first reality in media is that the term "mass media" is becoming a bit of an oxymoron. The first "mass medium" to learn this and adapt to it were magazines. Magazines were left in a shambles by the television explosion. A well developed TV genre almost always sounded the death knell for magazines in that genre. Magazines realised that their role had changed from a horizontal mass medium to a vertical niche medium. With the realisation came the new, improved magazine. The fundamentals of magazine business changed dramatically "" with subsidising of consumer from advertising dropping significantly. Today magazines are thriving but as niche media, and we all love it. However, we still research magazines in roughly the same way we did 50 years ago. |
Television itself is learning this lesson every day "" a cursory glance at even the available data would tell you that mass entertainment TV is losing share rather fast to unique content channels. Yet our measurement of TV, such as that done through audience meters of the TAM type, has fundamentally been the same for over 50 years. Of course, we are using technology to get a quicker and more accurate response to essentially the same question. Is it still the most relevant question in the era of "attention economy"? |
Let's look at newspapers. Mine has always been a "newspaper hungry" household "" we always had two-three newspapers till about three years ago. Now we get six newspapers a day and that rises to eight on weekends. And we don't spend significantly more time on them. Eight now share the same space so far shared by three. But the readership research is still measuring, perhaps a little more accurately, the same thing. Is that right? |
The late NYU professor, Neil Postman, writes in his book Technopoly: The Surrender of Culture to Technology, "Statistics create an enormous amount of completely useless information, which compounds the always difficult task of locating that which is useful ... This is more than 'information overload.' It is a matter of 'information trivia.'" |
Back in the 19th century, Malthus was proven wrong because of several reasons: Population didn't explode "" and, in fact, steadied in most developed nations, technology transformed food production, the collective human intelligence seemed to succeed in overcoming a seemingly insurmountable problem, and the world survived. |
But more importantly, Malthus inspired many others "" among them Darwin and John Maynard Keynes, to take some great insights from his theory to develop their own path-breaking theories. Thus, would it not be right to hope that the Malthusian situation that we find ourselves in will inspire some new and path-breaking work leading to emergence of better insights and not simply creation of more and more "information trivia"? |
President, Optimum Media Solutions
"In our search for the Holy Grail, let's not forget how far we've come and the effort put into bringing media research to a level of credibility".
The quest for undisputed, authentic and a single source of media research data is a never-ending saga of blood, sweat and tears! The feeling is that the research agencies have failed to live up to the expectations of advertisers and media planners in the rapidly changing Indian media environment. But let's take a step back and ask a simple question "" why do we need a single source of media data?