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EBusiness for Local Broadcast Television

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The local broadcast television industry has been talking about E-Business for ... Keep pressure on E-Business providers to accept and adapt to industry standards. ... – PowerPoint PPT presentation

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Title: EBusiness for Local Broadcast Television


1
E-Business for Local Broadcast Television
2
The local broadcast television industry has been
talking about E-Business for a very, very long
time.
3
The E-Business principle remains...
  • When seller and buyer computers connect, trading
    partners can process business transactions
    electronically.
  • Electronic transactions reduce people and
    process inefficiencies, saving time and money.

4
TVB Believes
  • Local broadcast television is still an
    advertisers most effective and best media
    choice for geographic targeting.
  • Through process enabling technology, local TV
    can also become an advertisers easiest to
    execute and most customer- friendly media
    choice.

5
What E-Business is
  • System to system connectivity
  • Eliminates manual re-keying which leads to
    errors.
  • Provides a faster, more efficient process.
  • Creates an electronic, auditable paper trail.

6
What E-Business is NOT
  • On-line negotiation
  • Just electronic invoicing
  • E-Biz connects trading partner systems so they
    can send orders, makegoods, revisions and
    invoices electronically.

7
Hurdles
  • Local Broadcast trading partners are overcoming
    earlier hurdles
  • Cost Technology State-of-the-art technology,
    open standards and the internet are providing
    more vendor choices and making participation
    affordable.
  • Culture Experience with E-Biz in other
    industries is validating its benefits. Increased
    efficiency and audit demands is necessitating
    involvement.

8
Trading Partner Consensus
  • E-Business is most effectively used as a back
    room enabler.
  • With greater back room efficiencies, more time
    and talent can be dedicated to professional
    selling and buying.
  • Neither buyer nor seller wants media to become a
    commodity.

9
Open Standards
  • A common technical language (XML) used by all
    trading partner systems to connect
    interchangeably.
  • Benefits
  • Stimulates vendor competition.
  • Trading partners can pick best of breed
    technology.
  • Current in-house systems can stay.
  • Affordable for all trading partners.

10
What is XML ?
  • Computer language of choice for open standards
    programming.
  • Extensible Markup Language.
  • Very flexible, easy to add to and update to
    accommodate industry changes.

11
Open Standards Status
TVB open standards are complete, approved and
posted for industry-wide implementation of
electronic
  • Avail Request/Submission
  • Order
  • Revision
  • Makegood
  • Invoice
  • Broadcast Instructions

12
TVB E-Business Committee
  • Established 2000.
  • Members include
  • Network OOs ABC, CBS, NBC
  • Broadcast Groups Cox, Belo, Emmis, Gannett,
    Hearst-Argyle, Media General, Meredith,
    Paramount, Post-Newsweek, Raycom, Tribune,
    Univision, Young
  • Rep firms Adam Young, Blair, HRP, Katz, MMT,
    Petry, TeleRep

13
TVB E-Business Committee
  • The committee works closely with trading partner
    trade associations.
  • AAAA
  • ANA
  • BCFM/BCCA (Credit Mgr.s association)
  • SMPTE

14
Electronic Invoicing
  • E-Business is not just EI, but EI is a good place
  • to start.
  • E-Business Committee goal
  • Industry-wide EI acceptance and usage.
  • Agency Client, Product, Estimate codes on all EI.
  • Station traffic systems have agreed to CPE
    compliance.
  • AAAA has launched letter-writing campaign asking
    stations for EI (with CPEs).
  • ANA has convened advertiser CFOs in support of
    E-Business especially EI.

15
Education is essential
  • E-Biz Toolbox, on TVB website, open to all
    trading partners.
  • Includes tools such as
  • What is E-Business / XML
  • How to EI / Paperless agencies
  • CPE status chart
  • Open standards
  • E-Business vendors
  • Committee Activity

16
Next Steps for E-Business committees and trading
partners?
  • Keep pressure on E-Business providers to accept
    and adapt to industry standards.
  • Mandate use of current E-Business systems within
    each selling/buying company.
  • Increase electronic invoicing.
  • Adopt electronic ordering.
  • Publicize examples of improved process.
  • Test!

17
  • We strongly support the E-Biz initiative.We
    applaud the progress and encourage the entire
    marketing industry to embrace the project,
    execute its core features, to realize the
    enormous productivity opportunities available.

Bob LiodiceCEO ANA
18
  • Simplifying the media transaction process is a
    must for the industry. As the AAAA leads this
    effort we are highly gratified that the TVB is
    helping this critical project gain traction.

O. Burtch DrakePresident and CEO AAAA
19
  • Were doing electronic invoicing and are
    anxious to start ordering online.

Lannie DawsonSVP/Director of Media
Services Martin/Williams
20
  • Im encouraging each and every one of you to get
    involved in the electronic process. If we dont
    do this it will be a great impediment to the
    continued use of spot television. This is not a
    gee wouldnt this be nice this is an urgent
    thing.

Kathy CrawfordPresident of Local
BroadcastMindShare
21
Stay Informed
  • Tune in to the TVB E-Biz toolbox.
    www.tvb.org

22

Thank You!
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