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There are Only a Few Seats left For IAB’s Leadership Forum: Performance Marketing Optimization in Chicago
For a full agenda, visit www.iab.net/performancemarketing2006
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IAB MEMBERS STATE THEIR INTENTION TO ENFORCE A LATE With a show of public support from the AAAA’s , the IAB, in conjunction with its Terms and Conditions Task Force, announced its recommendation that all IAB members enforce the Late Creative provision. This recommendation addresses the systemic problems relating to the delivery of late creative within the Interactive industry. Delivering creative later than the committed date results in serious operational issues for the media companies and forces agencies to constantly revise their plans. Specifically, the provision states: “If Advertising Materials are late, Advertiser is still responsible for the media purchased pursuant to the Insertion Order.” To assist in enforcing this clause, and to clarify to the buying community how late creative will be managed, the IAB is recommending the following: in the absence of a mutually acceptable resolution negotiated between the Media Company and an Agency or Advertiser, if Advertising Materials are late, the Media Company may elect to enforce one of the following: Advertiser is still responsible for the media purchased pursuant to the Insertion Order. Advertiser is still responsible for the media purchased pursuant to Insertion Order and Media Company may run a Public Service Announcement (PSA) as a replacement until the creative is received; or Advertiser is still responsible for the media purchased pursuant to Insertion Order and Media Company may run a house promotion until the creative is received. Additional policies, including late fees and penalties, are also being explored and used by IAB members. The following is a list of companies who have publicly stated their intention to enforce a late creative policy within the next 3-6 months:
“We encourage all of our members to follow all aspects of the IAB/AAAA Terms and Conditions 2.0,” said Michael Donahue of the AAAA’s, “The Interactive Marketing and New Media Committee actively endorses the Late Creative provision and supports the PSA option offered to advertisers.” To facilitate the securing of creative assets for those members who are interested in using PSAs, the IAB has enlisted the assistance of The Advertising Council. For more information on how The Advertising Council can assist, please contact Angela Hui, Director, Digital Media at ahui@adcouncil.org or 212.984.1998.
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Member News The IAB's New Members:
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