BuzzFeed’s Secret Plan to DESTROY Internet Ads Revealed! (By BuzzFeed.)
Everyone who covers the media business is required by law to write about BuzzFeed, Jonah Peretti’s shareriffic site.
But just about all of us end up writing about the stuff the start-up makes and not the stuff it sells — advertising.
So what exactly is BuzzFeed’s ad strategy? You can get a good sense of it by reading Felix Gillette’s smart Buzzfeed profile in Businessweek from last month.
The short version: It’s trying to avoid run-of-the-mill banner ads by selling “branded content” — stuff that looks like regular Buzzfeed posts, but is created specifically for a sponsor.
And if you like pictures more than words — which means you’re one of the many people Buzzfeed is hoping to attract — we can go that route, too.
Here’s a slide deck BuzzFeed president Jon Steinberg, a Google vet who came aboard a couple years ago, has been showing off. It tells prospective advertisers what the site did for Energerizer Holdings’ Schick brand last year.