Title: EBusiness for Local Broadcast Television
1E-Business for Local Broadcast Television
2The local broadcast television industry has been
talking about E-Business for a very, very long
time.
3The 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.
4TVB 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.
5What 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.
-
6What 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.
7Hurdles
- 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.
8Trading 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.
9Open 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.
10What 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.
11Open 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
12TVB 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
13TVB E-Business Committee
- The committee works closely with trading partner
trade associations. - AAAA
- ANA
- BCFM/BCCA (Credit Mgr.s association)
- SMPTE
14Electronic 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.
15Education 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
16Next 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
21Stay Informed
- Tune in to the TVB E-Biz toolbox.
www.tvb.org
22Thank You!