Showing posts with label Marketing. Show all posts
Showing posts with label Marketing. Show all posts

Sunday, December 4, 2016

Social media ads to hit $50 billion by 2019 — Zenith


The amount of money spent on advertising on social media is set to catch up with newspaper ad revenues by 2020, a leading forecaster said on Monday.

The rapid expansion of social media platforms on mobile devices, as well as faster internet connectivity and more sophisticated technology, has triggered a huge shift in the way many people get their news.

Advertising agency Zenith Optimedia, owned by France’s Publicis, predicts global advertising expenditure on social media will account for 20 percent of all internet advertising in 2019, hitting $50 billion (39 billion pounds) and coming in just one percent smaller than newspaper ads. It expects social media to overtake newspapers comfortably by 2020.

“Social media and online video are driving continued growth in global ad spend, despite political threats to the economy,” Jonathan Barnard, head of forecasting at Zenith, said.

The media industry has been convulsed by the rapid shift in advertising trends in recent years, with firms moving their ad budgets from traditional sources such as newspapers to websites found on computers and mobile phones.

Marketers are increasingly directing their spending to social media sites where ads blend into users’ newsfeeds on platforms such as Facebook and Snapchat proving more effective than interruptive banner formats.

Zenith’s report forecasts that global advertising expenditure will grow 4.4 percent in 2017, the same rate as in 2016, which it said would be a strong performance given that big events like the Olympic Games, Britain’s EU referendum and the U.S. presidential election boosted advertising this year.

Online video advertising is also rapidly growing and set to total $35.4 billion across the world by 2019, fractionally ahead of the amount spent on radio advertising but still far less than television.

Global spending on advertising has been stable since 2010 the report showed, although growth has declined in the Middle East and North Africa. It was expected to continue to grow strongly in China and much of Asia.

source: interaksyon.com

Sunday, July 13, 2014

YouTube weighs funding efforts to boost premium content – sources


LOS ANGELES — YouTube has embarked on a new round of discussions with Hollywood and independent producers to fund premium content, two sources with knowledge of the talks told Reuters, a move that could bolster a three-year-old multimillion-dollar effort that has had mixed success so far.

The talks underscore Google Inc’s desire to complete YouTube’s transition from a repository for grainy home videos to a site sporting the more polished content crucial to securing higher-priced advertising.

Over the past two months, YouTube executives have begun making the rounds, talking to Hollywood producers to explore the kinds of support it could offer its content creators and produce more must-see programming, according to the two people.

Executives did not lay out exactly how a program would be structured. One of the two people said the site may offer between $1 million and $3 million to produce a series of programs, and might contribute marketing funds as well.

The second person said the site was interested in videos shorter than the 30-minute, TV network-quality Web shows that Amazon.com Inc and other online sites have recently funded.

“We are always exploring various content and marketing ideas to support and accelerate our creators,” a YouTube representative said in an email. The site declined to comment on the meetings.

The latest round of discussions is in its initial phases and actual measures may never materialize, the sources said.

YouTube is by far the world’s most popular location for video streaming, with more than 1 billion unique visitors a month, far surpassing Netflix Inc and Amazon. But it is trying to lure more marketers for premium video advertising, boosting margins as overall prices for Google’s advertising declines.

YouTube set aside an estimated $100 million in late 2011 to bankroll some 100 channels, though it never confirmed amounts spent or other details. Beneficiaries of that largesse included Madonna and ESPN, as well as lesser-known creators. Reuters was one of the companies that received funds for a channel.

But few of those have garnered much mainstream attention.

“Over 115 of the channels launched as part of that initiative are now in the top 2 percent most-subscribed to channels on the platform,” a company representative said in an email.

YouTube has continued to provide backing for its content creators. It provides production facilities for creators, offers tips on how best to create content, and provides small amounts of funds for creators to test ideas.

The site also provides marketing support for online celebrities, including paying for billboards and TV ads for the likes of beauty blogger Michelle Phan and baker Rosanna Pansino.

source: interaksyon.com

Tuesday, August 27, 2013

Doing good and getting caught


In today’s integrated communication practice effective public relations no longer performs a supporting role. It now plays the principal character. It is essential in strategic planning, and is seen to be very important to your competitive success  more than advertising or marketing. It may sound like wishful thinking, but PR is leading the way these days, while traditional advertising appears to have lost its glitter.

Companies and individuals have successfully used PR to achieve great things or to repair damaged institutions and people. Thus, learning to use this powerful force for good is an imperative. Declaring “PR is the most commanding authority in modern society” is not an empty boast given the many success stories from big companies, influential personalities, threatened corporate reputations and PR crises and disasters, where PR plays a significant responsibility. And since it is globally replacing advertising as the promotional strategy of choice for individuals and organizations, it’s undoubtedly important to understand how PR works, and how you can harness its muscle.

In the book Rethinking Reputation: How PR Trumps Marketing And Advertising In The New Media World, Fraser P. Seitel and John Doorley examine why they think advertising has lost its advantage. The authors remark, “It used to be that a company, candidate or bank president could ‘purchase’ their way to prestige and positivity through advertising or marketing. No longer.” In this age, where images are established through 24/7/365 mobile, Internet, cable TV, radio commentary and non-stop social media conversations, reputations can no longer be built through top-down, paid media.

One’s reputation depends largely on honorable deeds communicated candidly and consistently through a steady stream of free media — releases and speeches, media appearances and charitable contributions, and Facebook and Twitter postings. Stated simply, a smart organization or individual today will acknowledge that in rethinking its reputation, PR must lie at the center of its strategy. The tome makes you realize the growing magnitude of word-of-mouth interactions and free publicity. Seitel and Doorley position their substantial familiarity to work in helping put together a blueprint for boosting what is potentially your most valuable asset — your reputation. Here are major takeaways from the book:

• All PR messages must be clear and consistent. The authors share the case of Jean-Claude Trichet to demonstrate how messaging can go awry if not managed well. Nobody especially cared for Trichet, the French civil servant who ran the European Central Bank (ECB) until November 2012. He was aloof and spoke in platitudes as Greece and Spain and Italy spiraled steadily downward. Trichet’s successor, Mario Draghi, was a welcome change. He was a banker, spoke with conviction and inspired global confidence — especially when he declared in London in July 2012 that the ECB would do “whatever it takes” to support the euro. But recently, when he seemed to backtrack on his earlier declaration, the euro and his own credibility took a hit. Such is the price one pays for inconsistent communication in the 21st century.

• Reputation depends on good behavior and honest communications. At the center must be what academics call “identity,” or what President Abraham Lincoln labeled “character” — what one stands for. To elucidate this point, the authors narrate the story of the torturous trail of Mevacor, the enormously successful drug that lowers cholesterol. After initial promising trials, Dr. Roy Vagelos, then CEO of Merck, heard about the news on cancer in dogs caused by a similar compound being tested in Japan. As such, he ordered the Mevacor trials stopped. This, however, didn’t make Vagelos lose heart. He had the guts to make the product available in securely controlled trials to patients with genetically high levels of cholesterol that threatened death at age 40. It proved efficacious and non-toxic, leading to full-scale trials and huge success in the market. “Vagelos believed in transparency before it became a buzzword.”



• PR gets through to consumers because of its power to engage. Tom Leatherbarrow, head of B2B at Willoughby Public Relations, says that within the business-to-business sector, PR is surely turning into an equal and complimentary partner to advertising — if not more dominant. He declares, “While advertising has a clear call to action, many clients are wanting to put over much more complex messages which do not necessarily demand an immediate ‘buy’ response.” Indeed, many are wanting to go beyond what is called “product pushing” to try and engage customers by using more sophisticated messages about added value and whole life costs to justify premium pricing strategies and customer benefits rather than merely product attributes. Here, PR is increasingly being seen as more empathetic to customer need.

• It’s best if you can have both accuracy and speed. Seitel and Doorley run through Georgia prosecutor Nancy Grace for being swift and floppy with the facts, and making misleading declarations. In the death of Whitney Houston, Grace reports, “Houston was found drowned in a Hollywood bathtub in 2012” and that “the LAPD has already reported that Houston’s death wasn’t the result of foul play or force or trauma to the body.”  In truth, Houston died in a Beverly Hills hotel and the investigating agency was the Beverly Hills Police Department, not the LAPD.  These details may not be material to Grace’s point, but the laxness is difficult to ignore. As an aftermath, Grace was rebuked by media for being more concerned with speed — first in breaking news — rather than with accuracy.

• You can’t possibly win with spin. If you listen to critics of the profession, “PR is spin.” Seitel and Doorley dispute such a claim and accentuate that “Spin is inappropriate and counterproductive.” They identify former US President Bill Clinton as the “first modern politician to use spin to alter political reality.” They aver, “It can be argued that the pervasive modern-day practice of ‘spinning’ — defined by the late William Safire as a ‘deliberate shading of news perception and an attempted control of political reaction’ — emerged in the wake of the Bill Clinton-Monica Lewinsky scandal of 1998. PR people should avoid spin because it damages reputation, with long-term effects. As the authors highlight, “If you lie to the media once, they will never believe you again.” All you have as a spokesperson for a company, an organization or an issue, is your credibility. Once you lose it, you’ve lost everything. Never, ever lie is the cardinal rule of PR.

• Recapture credibility by blogging. The case of ExxonMobil exemplifies this principle. The company spent and continues to spend large amounts of time, money and human capital to face the communications challenge of a reputation still stained by the Exxon Valdez spill in Alaska. ExxonMobil aims to shift public sentiment to “an honest and constructive voice in public discourse, defined by principles and proper action, focused on solving problems.” The company’s journey, led by chief communicator Ken Cohen, began with determining what the problem is, and using its own research model to track its reputation. The corporate communications team sought to close the gap between the company’s negative perception and positive reality by taking part in the discussion. The team informally, and without an agenda, meets environmental and human rights NGOs two or three times a year. To this day, Cohen blogs regularly and ExxonMobil frequently uses its corporate Twitter handle to connect to people. Given its efforts, Seitel and Doorley opine, “The true test of an ExxonMobil reputation is whether the company is perceived by its publics the same way it perceives itself.”

• CEOs and public figures are vehemently warned against tweeting. To back up this recommendation, the authors use the example of Anthony Weiner, an up-and-coming Democratic star, and an odds-on favorite to win the 2013 mayoralty race in New York City. Weiner’s star dimmed when he issued a strange announcement that his Twitter account had been hacked and a sexually suggestive photo was sent in his name to a young woman in the Northwest. But persistent journalists found out later that he had lied in his declaration, and he was censured in a big way. The moral of the story: Social media are wonderful, but if you are a person with easy access to national media and a name recognition that’s getting brighter, don’t risk what you have by using Twitter recklessly.

An opposition to this view from other practitioners quickly surfaces, arguing, “If the CEO is the face of the brand and they like to tweet, why not let them? Understandably, tweets do go wrong, but a steadfast rule against tweeting is not always wise.  Brand capital gets left on the table when you are too restrictive with CEOs and how they can and can’t communicate. Many heads of companies display a level of genuineness that no one else in the company can bring to its stakeholders.” Four memorable lessons stand out in Weiner’s story: don’t lie; silence grants the point; in a crisis, take charge immediately; and the truth will out.

• PR is about developing discourse, engagement and relationships. Tom Watson, PR professor at Bournemouth University, says this eloquently. To him, traditional advertising is focused on display. As you become increasingly conversant in networked societies, the role of PR becomes more important as it creates value that advertising can’t.” In fact, PR workload picks up during belt-tightening periods. As editorial consultant Anne Massey states, “A squeezed budget buys precious little advertising but a lot of targeted, sales-driven, profile-raising PR coverage, and that’s what’s in demand during hard times.” It will be interesting to see whether PR budgets grow apace as the economy improves, or whether there’s a rush back into advertising once budgets swell enough to warrant it.”

• Any talk about PR taking over from advertising is overstated. This bold premise was delivered by Gavin Devine, CEO of MHP Communications Agency, who insists that there are many cases of stunning advertising campaigns that impact clients on needs: “Selling mass-market products, or achieving widespread behavioral change, is often best achieved through above-the-line activities,” he underscores. PR may claim the digital space, but Devine points out that advertising also has a role to play here. He adds, “Digital and social media campaigns prove that there is a place for both industries to coexist and collaborate, as these campaigns often have elements of both PR and advertising. What we’re seeing much more are joined-up campaigns, where PR builds on traditional advertising and vice versa, often through social media activation. Using PR and advertising together can help achieve message continuity across all media platforms, and to all audiences — consumers, employees, investors and stakeholders.”

Granted that what Devine said is true, it’s hard to disprove the claim of PR to a growing space at the heart of companies’ overall marketing strategy in the light of the evolving landscape of communications. After all, as the authors emphasize,  “When PR works well, it has greater credibility than advertising, whether it’s street cred or the more formal kind measured by big polling firms — because when someone else says something good about you, it’s worth infinitely more than when you say something good about yourself.”

Cutlip and Center, the authors of the first book I read on PR, claim, “Public relations is doing good and letting people know about it.” Harold Burson, the other half of Burson Marsteller, one of today’s largest PR agencies, updated the claim when he declared, “Public relations is doing good and getting caught.”

source: philstar.com


Friday, March 1, 2013

Facebook buys Microsoft ad technology platform


SAN FRANCISCO — Facebook Inc said on Thursday it had agreed to buy advertising technology from Microsoft Corp that measures the effectiveness of ads on its website, which should help in its fight with Google Inc for online advertising revenue.

Under the long-rumored transaction, Facebook will purchase the Atlas Advertiser Suite, an ad management and measurement platform that Microsoft took on with its $6.3 billion acquisition of digital ad agency aQuantive in 2007. Facebook did not say how much it paid for the technology.


Unable to make it work for its own purposes, Microsoft wrote off $6.2 billion of the aQuantive deal’s value last year.

Facebook has long been dogged by doubts about the effectiveness of its ads and was embarrassed just days before its initial public offering in May when General Motors Co declared it was pulling the plug on all paid advertising on Facebook’s network.

Since then, Facebook has introduced a number of tools and partnerships to prove to marketers that advertising on its social network delivers enough bang for the buck.

Brian Boland, Facebook’s director of monetization product marketing, said the purchase of Atlas was not a step toward creating a much wider ad network beyond the Facebook site, but analysts believe that is Facebook’s ultimate goal.

“Although the statement announcing the deal focused on Atlas’ measurement tools rather than its ad targeting technology, we expect that Atlas will soon be using Facebook’s data to target sponsorships, in-stream ads, and other rich ad formats across the entire web, and that’s big news,” said Forrester analyst Nate Elliott.

“The question now is how quickly and successfully Facebook can integrate its data with Atlas’ tools, and whether they can avoid a privacy backlash as they do so. History suggests they’ll struggle on both counts,” he said.

Google leads the $15 billion U.S. market for online display ads with 15.4 percent share, according to researcher eMarketer, followed by Facebook with 14.4 percent.

source: interaksyon.com

Monday, November 26, 2012

Segmenting your affiliates


The recent a4uexpo London had lots of good talks this year but my favourite from the event was Matt Swan and Helen Southgate discussing Sky’s data. Within the presentation they looked at the different performance of affiliates on different metrics. It got me thinking about how people segment their affiliate base.

The need to segment your affiliate base is obvious. You only have to look at a recent A4u forum thread, from a couple of weeks ago, to see that being sent irrelevant communications or offers is frustrating.

Most times when I hear people talk about segmenting their programme, they talk about doing it by the type of affiliate. It kind of makes sense. Cashback affiliates should in theory be most worried about the cashback offered, the voucher code sites want the best code and content sites want something they can write about. But does this over simplify the affiliate’s business? On a lot of programmes, there will be more in common between affiliate types so it could be a good way to segment. But the main thing they will have in common is the promotional tool. How often do people actually look at the sales being driven by these affiliates to see if they have anything else in common?

Another panel from the expo had an affiliate champion for each area. While I really enjoyed it, what it highlighted more than anything is that a lot of affiliate types have converged. Just looking at cashback; sites are doing content, they have comparison engines, they offer branding opportunities, and they promote vouchercodes. Although segmented as the same ‘affiliate type’, some cashback sites may have more in common with content sites like Money Saving Expert than other cashback affiliates.

So how do you segment them?

I think Helen’s talk could suggest one way. Ask yourself some questions about your programme. Do you have insight into the type of customer that is being driven by the affiliate? For example, do they tend to attract customers with higher basket value? Is the churn lower? What sort of customer demographic do you get from them? Can you look to segment your affiliates based on the type of customers they provide? Would the affiliate perform better with a different promotional message tailored towards their audience? Perhaps you still use the promotional type as the base for the segmentation but then use your data to create sub-segments.

Using Sky as an example, could they create bespoke promotions around the full Sky+HD packages with Broadband etc to those affiliates whose users have the higher spend? Affiliates with lower basket values may convert better with a stripped down version. Perhaps these customers are less valuable so Sky could look at how they demonstrate the value of the higher packages through this affiliate segment. If they are content sites, can Sky work alongside them to provide good quality content on the savings for the full package? Segmenting the affiliate base by the end user rather than thinking all affiliates are the same.

But average order value should not be looked at in isolation. It is also important to look at what they are selling. The affiliate who was upset in the thread above was being sent information about diets when he only promotes travel. So for Sky it could make sense to look at the product split from affiliates before sending offers out to them. Sky may have affiliates that focus on different areas. For example, a sport blogger might push Sky Sports. They are, therefore, likely to be more engaged with Sports related communication and promotions than finding out about the special offer on Talk Unlimited.

If your time is limited, then segmenting by affiliate type is better than nothing. You will hit a lot of affiliates with a promotional offer/tool that they can use. But by actually looking at some of your data, understanding your affiliates and their users will give you a better insight and opportunity to help improve their performance. You will also be less likely to be accused of spamming. One definition of marketing is to identify and fulfil and exceed customer needs. It’s interesting that in affiliate marketing, segmentation too often fails to look at the customer and instead looks at the method of promotion.

source: affiliates4u.com

Affiliate model justified in roundtable


a4uexpo London hosted a roundtable of various performance marketing figureheads. The discussion was filmed and organised by affilinet and featured representatives from companies such as Nectar, Holiday Autos and uSwitch.



Mary Keane-Dawson was chief instigator of conversation. She incited discussion about the entrepreneurial aspect of the industry. Publishers are uncovering new technologies and business models, which will help advertisers test and trial new CPA activity, a big positive for the sector.

There was talk about the perception of publishers. They should be pushing to become viewed as brands, especially the more mature, premium publishers. There will likely be a shift in perception where customers become brand-loyal in the UK, much like consumerism in the USA.

Publishers should become brands

Evidence of publishers becoming brands is no more evident than in the spate of TV advertisements that have been aired recently. The traditional role of affiliates as being purely a mechanism for generating sales is becoming somewhat of a grey area. Their increased media activities show they create demand too.

Big data’s still in its infancy according to the roundtable. You just have to look at the volume the industry has available and how little it’s capitalising on that volume. There was talk about pooling it together so publishers, networks and advertisers can create a bigger picture of future trends.

Talent is another issue that needs to be resolved. The roundtable felt so-called attractive digital channels like mobile and social were more appealing. Once affiliate business had recruited talent, they needed to be kept engaged. It’s a tricky prospect as new recruits look to broaden their marketing experience by hopping to other channel.

source: affiliates4u.com

Friday, November 23, 2012

Cross-dressing Chinese grandfather finds fame


BEIJING--A 72-year-old Chinese man who became an Internet sensation after his granddaughter used him as a cross-dressing model to promote her clothing store was delighted at his new-found fame, she said.

Lu Qing, who lives in southern China's Guangdong province, posted pictures of her grandfather dressed in an array of pink skirts, red tights and fur-lined women's jackets to promote her online fashion outlet Yuekou.

The images of Liu Xianping have since gone viral and seen him branded the "world's coolest" grandfather by Internet users for his slender legs and modelling poise. They have also boosted his granddaughter's bottom line.

"Since the pictures came out, we've had a huge number of website visitors, and are selling five times as many clothes as before," Lu told AFP. "Previously, we sometimes sold less than 10 items a day, and were feeling depressed about the business."

Lu said her grandfather was "surprised" by the reaction to the photos and at least three other stores had asked him to pose for them, but he was unlikely to accept.

"He doesn't see modelling as a way of making money, its just about having fun with his relatives," she said, adding she hopes to use his services again.

Liu "had a young heart", she said, and enjoys visits to parks and zoos, as well as playing games on his mobile phone. "He thinks bringing people's attention to the elderly is great, so he's been very happy recently."

The Offbeat China website, which tracks Internet developments in the country, said Liu's modelling illustrates the transformation it has undergone.

"It is stories like this when one can get a sense of what a diversified society China has changed into in the past 40 years, especially for someone like Liu who has lived through one of the most rigid times in China's history," said a post on the site.

Liu, who has worked as a teacher and a farmer, did not need prompting to take up modelling, Lu said.

"My grandfather saw some new stock one day and thought some of the colours were pretty... he wasn't embarrassed to model because we're all very close to him," she said, adding that his favourite item was a red women's coat.

source: interaksyon.com

Monday, November 19, 2012

Facebook offering e-retailers sales tracking tool


SAN FRANCISCO — Facebook Inc wants more credit for making online cash registers ring.

Facebook will begin rolling out on Friday a new tool which will allow online retailers to track purchases by members of the social network who have viewed their ads.

The tool is the latest of the new advertising features Facebook is offering to convince marketers that steering advertising dollars to the company will deliver a payoff.

Facebook, with roughly 1 billion users, has faced a tough reception on Wall Street amid concerns about its slowing revenue growth.

“Measuring ad effectiveness and outcomes is absolutely crucial to all types of businesses and marketers,” said David Baser, a product manager for Facebook’s ads business who said the “conversion measurement” tool has been a top customer request for a long time.

The sales information that advertisers receive is anonymous, said Baser. “You would see the number of people who bought shoes,” he said, using the example of an online shoe retailer. But marketers would not be able to get information that could identify the people, he added.

The conversion tool is specifically designed for so-called direct response marketers, such as online retailers and travel websites that advertise with the goal of drumming up immediate sales rather than for longer-term brand-building.

Such advertisers have long flocked to Google Inc’s Web search engine, which can deliver ads to consumers at the exact moment they’re looking for information on a particular product.

But some analysts say there is room for Facebook to make inroads if it can demonstrate results.

“The path to purchase” is not as direct on Facebook as it is on Google’s search engine, said Debra Aho Williamson, an analyst with research firm eMarketer. But she said that providing information about customer sales conversion should help Facebook make a stronger case to online retailers.

“It lets marketers track the impact of a Facebook ad hours or days or even a week beyond when someone might have viewed the ad,” said Williamson. “That allows marketers to understand the impact of the Facebook ad on the ultimate purchase.”

Marketers will also have the option to aim their ads at segments of Facebook’s audience with similar attributes to consumers that have responded well to a particular ad in the past, Baser said.

Online retailer Fab.com, which has tested Facebook’s new service, was able to reduce its cost per new customer acquisition by 39 percent when it served ads to consumers deemed most likely to convert, Facebook said. Facebook defines a conversion as anything from a completed sale, to a consumer taking another desired action on a website, such as registering for a newsletter.

New opportunities

Shares of Facebook, which were priced at $38 a share in its May initial public offering, closed Thursday’s regular session at $22.17.

In recent months, Facebook has introduced a variety of new advertising capabilities and moved to broaden its appeal to various groups of advertisers.

Chief Operating Officer Sheryl Sandberg said in October that Facebook saw multi-billion revenue opportunities in each of four groups of advertisers: brand marketers, local businesses, app developers and direct response marketers.

Facebook does not disclose how much of its ad revenue, which totaled $1.09 billion in the third quarter, comes from each type of advertiser. Pivotal Research Group analyst Brian Wieser estimates that brand marketers and local businesses account for the bulk of Facebook’s current advertising revenue.

Earlier this year, Facebook introduced a similar conversion measurement service for big brand advertisers, such as auto manufacturers, partnering with data mining firm Datalogix to help connect the dots between consumer spending at brick-and-mortar and Facebook ads.

And Facebook has rolled out new marketing tools for local businesses such as restaurants and coffee shops, including a revamped online coupon service and simplified advertising capabilities known as promoted posts.

The new conversion measurement tool is launching in testing mode, but will be fully available by the end of the month, Facebook said.

source: interaksyon.com

Wednesday, March 21, 2012

Acer bids for Jeremy Lin as brand ambassador


Computer vendor Acer Inc. is bidding to have rising NBA superstar Jeremy Lin as its global brand ambassador, the company's chairman said Tuesday.

Acer Chairman and CEO J.T. Wang told an Acer corporate social responsibility forum they expect Lin to choose one PC maker and endorse that brand globally.

"We have submitted a proposal. Based on our understanding, there might be about four to five PC makers around the globe that have made proposals to Lin," he said, according to a report from Taiwan's Central News Agency.

Acer's proposal came after it announced a marketing partnership with the Knicks on March 14.

The partnership will allow Acer's logo to be featured courtside at the Knicks' home games for the rest of the 2011-12 NBA season.

But Wang declined to disclose how much Acer is offering Lin, first NBA star of Taiwanese descent.

He said Lin will discuss the matter with his family and agent before making a choice.

The Acer-Knicks partnership will give Acer mileage among the nearly 20,000 spectators at Madison Square Garden, and to TV and Internet viewers following "Linsanity."

Last January, Acer, the world's fourth largest PC maker, announced world's No. 1 female golfer Yani Tseng of Taiwan would act as its global spokeswoman.

It also disclosed it had renewed its contract with Major League Baseball Washington Nationals pitcher Chien-Ming Wang of Taiwan, who will be the brand's spokesman in Taiwan.

Meanwhile, Wang said Acer will build a pavilion at the at the London Olympics Games to host visitors and feature its products.

He said they will launch Olympics-related products in the second quarter of 2012, although the volume of the new models will be limited due to Acer's losses in 2011. — TJD, GMA News

article source: gmanetwork.com