Big Data Promotes a Culture of Data-Informed Decision Making and Adaptive Marketing – Antony Young-Mindshare

data

By Antony Young

Big Data is quickly being catapulted to the top of Marketing’s agenda, but it remains a challenge for many companies in preparing for this shift. According to a survey conducted by IBM, less than half of CMO’s feel prepared to cope with this increasing amount of marketing data over the next 5 years, with the data explosion cited as their #1 headache. The problem isn’t obtaining data, it’s figuring out how to turn it into marketing magic. I’m seeing a growing list of exceptional cases of marketer’s shifting their organizations to adopt a higher level of data-informed decision making, often with astonishing results.

It’s not so much big data, but smart data used at scale

Last week, I had dinner with Joe Rospars, founding partner at Blue State Digital, who served as Obama’s Chief Digital Strategist for his 2008 and 2012 campaigns, and asked him about big data. He responded, their approach “wasn’t so much big data, but smart data used at scale.” To win this election, they needed to get very granular in their targeting. By extracting voter files and collecting information via the tens of thousands of polling calls made to homes every night, they were able to identify by household individual voter likelihood, and then determine the communications they needed to deliver.

The Obama campaign expertly targeted via online advertising, email, door to door and phone canvassing very personalized messaging. They cleverly extended this strategy via social media. Nearly a million supporters that ‘liked’ the Obama 2012 page also allowed access to their profile data via Facebook Connect. This enabled Obama’s people to identify their Facebook friends in battleground States, cross tabulate with their own databases, which they then asked supporters to email or even personally call their friends that fit likely Obama voter profiles, to remind them to register or vote early.

Data is the engine for Adaptive Marketing

Data is allowing brands to move quicker and more decisively to gain a market advantage by dynamically informing their messaging and media.

Samsung a big investor in data, worked with insights firm Networked Insights, to use real-time social listening to help them keep a finger on the pulse of consumer sentiment and adjust their communications to capitalize on the web discussion about brands.

Within a couple of hours of Apple’s Tim Cook revealing their iPhone 5, Samsung reading the reaction in social channels, drafted new print, digital, and TV ads. The following week as the iPhone hit the stores, they aired TV ads mocking Apple customers queuing up for the new phone and some of its less flattering features. The commercial was a hit, and received more than 70 million views online.

They also used social listening as a real time guide to evaluate how effective their ads were with consumers by measuring what people are saying about them and what effect they’ve having on competitors’ brands. Stressing the importance of data in informing their marketing, Brian Wallace, the former VP of Marketing at Samsung, (who recently moved to Motorola to a global marketing role) said, “The data guys lead these conversations. Not the creative guys. Not the sale guys. And it’s not just analytics — it’s analysis.” He added, “[data] does not crush the art of advertising. It simply informs it — and ultimately improves it.” Samsung’s shift to a strategy of employing social data at the center was one of the key factors that assisted them to move from the number 4 mobile device manufacturer to pass the mighty Apple.

Creating a more personalized customer experience

I’m seeing a focus on data enabling marketers to create smarter, more engaged customer experiences.

I recently chaired a panel which included Sandra Zoratti, co-author of the book Precision Marketing. She cited Caesar’s Entertainment as a marketer that centralized data to better formulate its approach to marketing. They identified 0.15% of their customers that contributed to 12% of their casino revenues. This led to them employing Good Luck Ambassadors to monitor these customers. If they weren’t having a good night on the tables, they offered complimentary tickets to a show or dinner based on their known preferences to ensure they left their casinos with a positive experience.

Building a fluid organization that can capitalize on the data

Shifting to a fast moving data marketing organization isn’t just about software and strategy. It requires a shift in how the agency and clients teams work.

The Obama campaign quadrupled their data team from the previous election campaign, adding data technologists, behavioral scientists and mathematicians to crunch the data and help interpret them into actionable marketing insights.

According to Rospars, to improve speed of activation, they established a persona playbook on how the brand should speak, to allow them to delegate decision making down.

Personally, I love this shift to data-informed decision making. It is creating more adaptive, more relevant and more commercial marketing programs. We are barely scratching the surface, but it’s clear that going forward, data will be an enabler of more potent marketing.

Leveraging Data to Embrace the Customer Experience

OMMA’s Data Driven Marketing panel I chaired last week: “Leveraging Data to Embrace The Customer Experience http://ow.ly/hem0e 

OMMA DDM

The One True View: Leveraging Data to Embrace The Customer Experience
It is not about the channel experience anymore. Big data makes possible a holistic view of a consumer “journey,” that is bigger and more personal than simply being online, in-store, on mobile, or watching TV. That 360-degree or “one true view” of that customer can inform how messaging is crafted and timed according to the user’s path, not the platform. It demands a new understanding of a consumer “lifecycle” and data that drives marketers towards the right touch points. Our panel of marketing practitioners shares examples of how data is best being used to understand and enhance the customer experience and the challenges of creating that “one true view.”
MODERATOR
Antony YoungCEOMindshare, N.A. @AntonyYoung
PANELISTS
Shaina BooneVP, Marketing ScienceCritical Mass
Greg CorsoVP, Media Solutionsdunnhumby @gjcorso
Pete SteinPresident, Eastern RegionRazorfish @pstein211
Randy WatsonVP of Consulting, Digital Impact & InnovationAcxiom
Sandra ZorattiVP of Marketing, Executive Briefings and EducationRicoh @sandraz
See the video of the panel by clicking this link.

How Data and Micro-Targeting Won the 2012 Election for Obama

If Obama’s Presidential campaign in 2008 was defined by social media, then surely his successful 2012 re-election bid should be attributed to their use of data and micro-targeting.

Election night seemed to confound many of the pundits. Governor Romney appeared to put together a strong campaign with the polls leading into the final week suggesting a tight race. Romney won 60% of White voters. He in fact even won the independents vote. Yet he lost the key battleground States of Ohio, Florida, Virginia, New Hampshire, Iowa, Colorado and Nevada … handing the sitting President a second term.

How did Obama win?

First, he delivered a well-orchestrated campaign of largely negative advertising targeting Romney, which served the purpose of suppressing voter turnout by traditionally Republican supporters.

Second, he mobilized key voter blocks to register early and vote. 18-24 year olds; African Americans; Latinos and single women in the key swing States. Voter turnout for these four key demographics was about 70% thereby giving him the numbers he needed to push him over the edge.

At the heart of these two strategies, was micro-targeting.

Micro-targeting is the ability to dissect in this case, the voter population in to narrow segments and customize messaging to them, both in on-the-ground activities and in the media.

Micro-targeting isn’t a new idea in politics or marketing for that matter. Karl Rove expertly exploited this in the successful Bush campaign in 2000 and 2004. But it was the sophistication and the scale of how they executed this strategy that in the end, proved the knock-out punch for the Democrats.

The Obama camp in preparing for this election, established a huge Analytics group that comprised of behavioral scientists, data technologists and mathematicians. They worked tirelessly to gather and interpret data to inform every part of the campaign. They built up a voter file that included voter history, demographic profiles, but also collected numerous other data points around interests … for example, did they give to charitable organizations or which magazines did they read to help them better understand who they were and better identify the group of‘persuadables‘ to target.

That data was able to be drilled down to zip codes, individual households and in many cases individuals within those households.

However it is how they deployed this data in activating their campaign that translated the insight they garnered into killer tactics for the Obama campaign.

Volunteers canvassing door to door or calling constituents were able to access these profiles via an app accessed on an iPad, iPhone or Android mobile device to provide an instant transcript to help them steer their conversations. They were also able to input new data from their conversation back into the database real time.

The profiles informed their direct and email fundraising efforts. They used issues such Obama’s support for gay marriage or Romney’s missteps in his portrayal of women to directly target more liberal and professional women on their database, with messages that “Obama is for women,” using that opportunity to solicit contributions to his campaign.

Micro-targeting helped them to steer their broadcast buying approach. While both campaigns followed conventional wisdom to buy spots in Local Broadcast news programming, Obama’s team differentiated their schedule by adding networks like TV Land whose viewers they determined “were less political” and therefore more likely to be a persuadable.

Even the selection of celebrity fundraisers were informed by the data. The team identified women 40-49 as the highest contributors to their campaign. Obama’s analytics team in crunching the numbers uncovered that Sara Jessica Parker of Sex in the City fame popped as the most appealing celebrity to this demographic and called her up to ask if she would host a fundraiser dinner for Obama in New York. Web ads and emails from Michelle Obama were sent targeting this group asking them to “chip in whatever they can” with a chance to win an invitation, hotel and flights to New York to attend the event.

As mentioned earlier, encouraging early voting and a higher turnout of key target groups was critical in winning the swing states. They used classic micro-targeting online advertising to reach those groups. Obama’s team’s use of Facebook this time was also very clever, tapping into Facebook’s individual profile data. A million users downloaded the Obama 2012 app on Facebook. The app was able to identify their Facebook friends that fit favorable profiles located in key swing states, encouraging them to contact these friends to remind them to vote. Sources say one in five of those contacted this way were influenced positively by this contact.

Marketers need to take heed of how the Obama campaign transformed their marketing approach centered around data. They demonstrated incredible discipline to capture data across multiple sources and then to inform every element of the marketing – direct to consumer, on the ground efforts, unpaid and paid media. Their ability to dissect potential prospects into narrow segments or even at an individual level and develop specific relevant messaging created highly persuasive communications. And finally their approach to tap their committed fans was hugely powerful. The Obama campaign provides a compelling case for companies to build their marketing expertise around big data and micro-targeting. How ready is your organization to do the same?

 

Media Companies Are Betting on Hyperlocal, But Will Brands Follow?

Google, Nike Making Plays But Most Marketers Will Need Better Payout to Shift National Dollars to Regional

By:  Published in AdAge: August 14, 2012

It’s rare these days to hear a positive story about the newspaper industry, but I recently learned of the Pembroke and Pembroke Docks Observer, a newspaper in South Wales that decided to bet its future on a hyperlocal strategy. It focused almost entirely on covering local news, local people and local events while soliciting community-generated content — a package not provided by the larger county or national titles. It was rewarded with a doubling of its circulation.

Its owners say their success comes down to remaining local, personal and relevant to their community. That idea has a lot of merit for national brands in the U.S.

We are programmed to play nationally. The national 30-second spot in an “American Idol” or an NFL game is king. While there is clearly an efficiency and value in maintaining a national presence, however, it’s become even more important to engage consumers in order to truly grow brands — or disrupt your competitors. It’s also becoming harder to do. Being relevant locally, as the Pembroke and Pembroke Docks Observer discovered, can be a powerful recipe for growing market share.

“There’s no such thing as a national customer,” a client once said to me. “Just lots of local ones.” And it takes insight into local tastes, local demographics, local issues and local competitors to be relevant and win the consumer. Organize national, act local is starting to get some traction. But the media are leading the way.

Media properties’ local targeting is increasingly offering more precision. Hyperlocal websites are providing local content and localized national advertising platforms by individual towns.

Google recently announced last month the ability to buy search by ZIP code, and again bet on local yesterday when it said it had agreed to buy Frommer’s, including 350 travel guides and a website covering more than 3,500 locations.

Addressable TV is beginning to scale. By end of year, we will be able to target by individual household in 22 million homes. And the large national radio groups have become highly effective on-the-ground local marketing partners on-air, off-air and online.

The question is whether major national and international marketers will invest the time and money to take advantage.

Some sophisticated marketers are moving in that direction. Walmart has introduced a Facebook app customizing marketing for each of its nearly 3,600 U.S. locations, including a dynamic social billboard that serves as an electronic circular with details of sales, special product deals and recipe suggestions. This is a smart local program to move the huge national chain closer to its community.

Nike has been creating city-specific epicenters to spark buzz and credibility for its brand. Its global online reality web competition series “The Chosen” was fueled by local grassroots skating and surfing events. In the U.K., Nike held a 15-day challenge for runners across 48 different post codes in London, using some nifty technology to measure and rank their performance.

The increasing ubiquity, not to mention portability, of mobile media will almost guarantee that all marketers will need a mobile media strategy. And central to that strategy is the ability to embrace location-based messaging and promotion.

National brands are experimenting there. L’Oreal promoted its Vichy line using timeRAZOR, a mobile app to promote and schedule one-on-one beauty consultations at Duane Reade locations in New York, an effort that led to a 150% increase in sales for that promotion.

Search is clearly another major opportunity, with the BIA/Kelsey Group that local searches on mobile phones will exceed local searches on desktop computers by 2015. Perhaps the iPhone’s Siri, which uses Yelp’s reviews, will start to offer brand recommendations in the not-too-distant future.

But ultimately most marketers will need a better payout to shift national dollars to local, posing a riddle for the media companies betting so much of their own money on a local strategy. Data will have to be the compass for media sellers and buyers alike. Mobile ad network xAd recently published data showing that locally-targeted mobile display ads deliver 5% to 8% click-through rates, compared to 0.6% for typical mobile display ads.

There’s no doubt that local will be an increasing play for national marketers. It’s what brands need to do to engage consumers and grow. However, it is going to be more challenging for marketers to execute and more costly and complex to orchestrate. But the possibilities are exciting.

Why Creative Agencies Rule Media… at Least at Cannes

Why Media Agencies Don’t Win More Media Lions, and How They Can Do Better

By:  Appeared in Ad Age: June 26, 2012

The results are out for the Cannes Media Lions and appear to be a blow for the established media agency networks. Congratulations go to Manning GotliebOMD in London for winning the Grand Prix, to be sure, but fellow media shops didn’t fare so well when it came to picking up the silverware.

From more than 100 media trophies handed out last week in the Grand Audi of the Palais des Festivals, a paltry 22 went to media planning and buying agencies. An overwhelming 80% of the awards were picked up largely by creative agencies, with a smattering of digital or content specialists. Now, I’m not about to dis the festival. I admit I would have liked our agency to have done better. But what does it say if the agencies entrusted with media budgets of billions of dollars aren’t winning these awards?

Creative agencies are just more focused on trophies. Let’s face it: Creative agencies want to win awards more badly.

The reputations and careers of creatives are made at Cannes, with job offers often following success at the festival. A communications planner or media buyer primarily gets kudos from the agency and the satisfaction of a job well done. Rarely does winning a media award have a monetary impact to their monthly pay that correlates with the impact for creative professionals.

Perhaps it’s more clear that a media award is the result of many hands in the agency touching the campaign … planners, print buyers, broadcast negotiators, out-of-home staff, digital/social teams, the insights group, media partners and, of course, creative agencies. There’s a lot of credit that gets shared across the agency and beyond, so it’s hard for two to three individuals to truly claim it. We’re a little more altruistic at the media agencies.

Creative agencies are also much better storytellers — which comes in handy when they’re telling their own story in awards applications. Last year, I judged an awards show where the media jury was completely seduced by the case video and written submission for the Microsoft Bing/JayZ out-of-home campaign. Even though the campaign ran in New York City, none of the New Yorkers on the final panel could recall ever seeing it. No matter. And no excuses: If the media agencies want to win at Cannes, then we just have to want it more — certainly more than we want it now.

Cannes is still about ‘creative’ media awards. While media agencies see their principle role as media-investment advisers and distributors of messaging, Cannes is still really about how creative and inventive a marketer and their agencies can be. Take the Gold Lions awarded in media this year. Six of the clients were nonprofits or causes. That suggests that not only have big media budgets become irrelevant to winning, they are threatening to become a hindrance.

With the exception of Mediacom’s delightful campaign for Canon, I doubt if the total combined paid media budget for the other Gold campaigns was more than $300,000.

I wouldn’t want to take anything away from the terrific winning submissions. They were all worthy winners. But I would say the media award shows are in danger of become media’s equivalent of an haute couture fashion show, rather than ready to wear. Then again, no one is going to want to see a best use of data award!

The definition of “media” continues to broaden. Any campaign that smacked of conventional or heavily traditional media wasn’t even shortlisted — and rightly so. This year, new media ranged from an Antwerp movie theater full of bikers for Carlsberg to floating foam crosses promoting World Aids Day to a couple of polar bears watching the Super Bowl for Coca-Cola. Whatever the media idea or platform, YouTube, Facebook, Google and Twitter featured in almost every one of the best campaigns. Note to planners: if the campaign you’re planning isn’t social by design, then don’t bother entering next year.

The winning campaigns were, on the whole, quite inspirational. And if this is how the judges see the best that media has to offer, then fair game, that’s the bar we all need to aspire to. It’s incumbent on everyone working in media, whichever agency you work for, to come back next year with more groundbreaking media innovation.

Click here to view the winning 2012 Media Lion award submissions.

MediaPost: Mindshare’s Young Is Focused On Data, Clients, Choices

by , appeared in MediaPost Monday 25 June 2012

YoungBig data, big clients — and someday soon, big mobile. Those are just a few of the items high on the priority list of Antony Young, who joined Mindshare as North American CEO nearly nine months ago.

Young also says the agency needs to do more work in the area of “discovery-based” communications, such as search and social. With a new platform emerging almost daily, he said, clients are hungry for advice on how to use them to best advantage.

“It’s really about choices,” said Young. Because most clients don’t have a need for — nor can they afford to use — all the media channels that are available, media selection is key, and meshing it all together in the most efficient way for individual clients is critical, he adds.

One of the “big bets” that Mindshare is making is that data management technology will help clients find answers quickly about consumer needs, behavior and the kinds of relationships they want to have with marketers. Ultimately, having that knowledge should boost client profits, which is what agencies are being increasingly called upon to do, Young said.

Just last week, Mindshare launched a new tech platform that it believes will advance clients’ ability to aggregate and massage massive amounts of data in ways that will sharply improve strategic planning and integrated communication capabilities.

Called Core, the platform was created with the help of a number of outside data and market research firms, including Acxiom and Nielsen. It’s an open-source, “always on” system that crunches media, pricing, consumer and client data including sales, supply chain and CRM stats.

According to Young, that platform and other data-related capability enhancements the shop is undertaking  are “probably the most important piece of the puzzle for clients.” It contains all of the information required to finding links to improved results. “That’s huge,” he said. “That syncing up and marrying of media, consumer and business data can unlock a lot of business value for clients.”

Agency-client relationships are another key focus at the agency, said Young, who notes that in the time he has been at Mindshare, the CMOs or top-ranking marketing executives at 16 clients have changed. Keeping up with the new strategies and agendas of the shifting players is crucial.

Young made several reorganizational moves recently to ensure that the agency is keenly focused on clients and potential new business.

In May, Lee Doyle, a GroupM veteran and former CEO at sibling agency MEC, was appointed president of client development at Mindshare, a new position at the agency. Doyle will focus on multinational clients and seeing that the agency has the right resources and strategies in place at client teams. Doyle’s appointment, said Young, is a signal that “we really want to be engaged with clients at a more senior level and earlier in the planning stages.”

Staying “constantly fluid is a really important part of that,” added Young. “Especially when you look at the [management] changes at clients and shifting priorities as their own businesses change.”

In a related bid to stengthen client ties, the shop promoted Michael Epstein to president, strategic resources and client services. He is responsible for the management of new business, corporate communications, digital, multicultural and promotions. Epstein previously served as the lead on a number of key client accounts, including Unilever.

The potential of mobile is no longer a subject of debate, says Young. He believes society is headed toward a “mobile-dominated media world,” where tablets will almost supplant PCs. While he says agencies and clients alike probably aren’t moving fast enough to prepare for that eventuality, the agency made a move last week, forming a joint venture with Google, called “Mobile Garage.” It’s designed to educate companies about mobile technology and expedite their use of the medium in their marketing plans.

“Everyone is trying to catch up,” in the mobile sector, said Young, noting that 15% of Amazon.com transactions are now done via mobile, as are 20% of Google searches. “To me, that’s a pretty sharp signal that marketers and agencies are behind the eight ball and we need to get ahead of it.”

Read more: http://www.mediapost.com/publications/article/177554/mindshares-young-is-focused-on-data-clients-cho.html#ixzz1ytVSYqUW

Let’s Not Write-Off Facebook Just Yet

By Antony Young, CEO Mindshare North America

They say that a week is a long time in our business, and surely the folks at Facebook would agree.

The overwhelming media darling for the past few years saw its IPO become a catalyst for the press, and every other news channels to turn on the social media network.  I guess the largest IPO in history was either going to go one of two ways with them.  As a journalist once told me, to the news media, a plane that crashes is a much better story than one that takes off!

Mark Zuckerberg strikes me as being quite different than most other digital entrepreneurs.  He never particularly chased the limelight.  In fact the notoriously media-shy executive was relentless sort out by the media.  He never seemed in a hurry to sell to advertisers.  Until recently we mostly pursued him.  And it would seem that the necessity to go public came more from the desire by the money men and the large number of employees looking to realize value for their stock.

So what does a disappointing IPO and disgruntled investors mean for Facebook and the advertising and media community?

Nothing.  Facebook is no different this month than it was last month.

It is a powerful, ubiquitous venue for social interaction by consumers … about half a billion exchanging or viewing content every day.

It remains an interesting platform for brands.  I’m not sure if we have yet figured out its full potential just yet or indeed how to monetize or measure it satisfactorily.

It has become a venue for advertising with some rich and fairly unique insight into their users profile, interests and behavior.

A flawed IPO and fledging stock price doesn’t really change that.

Those of us that recall the great dot com stumble in 2000 will remember that while catastrophic for many investors really didn’t impact the underlining development and growth in the Internet as a channel and a marketing medium.

But here’s what I fear…

The overwhelming attention by Wall Street and now its public shareholders to its quarterly earnings, cause their management to lose its focus.   The ad community isn’t going to spend more just because they need to hit their numbers.  Continue to work with us to find the models, listen and by all means sell.  The dollars will come because it makes sense to marketers when it delivers an ROI that we can justify on our timetable.  Stay the course.  I worry that expectations at this point seem unsubstantially high and that they could quickly lose patience and prompt them into making rash decisions.

Here’s what I hope for from them …

They use the cash well.  Acquiring new companies, new technologies; and entering new venues is going to be what is going to define Facebook Inc. in the future.

When one looks at its peer companies … Google, Microsoft, AOL and Yahoo! Their stock valuation and performance as media companies has been defined as much by their new businesses as their core business model.

Google for example, bought the companies or technologies behind YouTube, Gmail, Google Maps, Chrome, Adsense, Android, Google Books, Google TV, Google+ and Google Wallet.  They are now much more than a search engine/Adwords business.

I don’t plan to invest in Facebook stock anytime soon.  But what is more important to Facebook is if they can get me and the rest of the marketer community investing in their products.

6 Reasons Why Media Should Come Before Creative …

Appeared in Ad Age April 3, 2012

Not that long ago media used to be the last ten minutes of the meeting.  The big TV idea, the provocative headline or the right choice of talent was the key to unlocking brand fame in a world where advertising was first and foremost about interrupting an audience.  But for many marketers that playbook is being tossed aside.  The conventional order of: planning-creative-production-distribution is being flipped.  Answering where and how we should communicate is preceding what we should say.  Here’s why:

1.       We’ve Moved From a World of Mad Men to Math Men (and Women) 

Advertising has become a numbers game.  The more pressing questions from the C-Suite today are: How much should we ideally spend?  Which brands should be supported?  What is the return on investment?  And which channels will best pay out?   Before developing the right messaging, the right business case for advertising needs to be established first.  One of the biggest factors for marketing failure is not matching the right budget to the goals or getting the right plan.  Our business planning team helped one of our clients sell the case for a three-fold increase in ad budget to their Board.  Their business is thriving as a result of having the right level of investment.

2.       The Big Television Idea in Advertising Has Lost Ground to Small, Smartly Placed, Relevant Ideas

In the agency world, we live to sell clients the big idea.  A Nike Just Do It or a Dove Campaign for Real Beauty.  David Ogilvy wrote back in 1983 “I doubt if more than one campaign in a hundred contains a big idea,” something I think is still very much the case today.  Larry Light introduced Brand Journalism, a breakthrough strategy for McDonald’s that debunked the idea of a universal message in place of using many stories to speak to different audiences. The Big Idea just isn’t a scalable proposition in advertising.   To me, relevance is one of the most important currencies in communications.  Smart tactical use of different media at relevant times, locations and environments with custom messages is what creates engagement.

Axe has done this brilliantly over the years using an array of channels to talk to young men.  This includes branded television series of men trying to win over women, mating game tool kits, spritzes from attractive female models wandering the aisles of retail stores and sponsoring nightclubs.

3.       Right Media, Right Message

While working on a new business pitch, I worked with Rob Feakins the Chief Creative Officer at Publicis New York.  He charged several teams in his creative department to come up with pitch ideas. Before the teams presented their ideas to him, he called me and asked if I could talk him through the media plan. I was intrigued; rarely have I found a creative to express much interest in media.  He said the relative importance of different media would help him judge the potential campaign concepts better. Knowing whether out-of-home or print or television advertising was going to be the principal channel would help him decide which idea to back.

4.       Content is Still Very Much King, But Which Kind of Content?

In a broadcast world the 30 second ad ruled.  But in a multi-platform digital landscape that content can and needs to take many forms.  A media plan is as likely to consist of long form video series, custom sponsored programing, short form video pre-rolls, interactive creative, mobile apps and curated branded content, alongside the more traditional ad units.  Each media forms bring a different mix of engagement, shareability and branding.  Defaulting to a creative brief that starts with the more predictable advertising units at the outset will likely stymie innovation.  This is an issue when research suggests that more and more brand decisions are being influenced by sources beyond advertising.

My advice: develop the media plan first, then determine what mix of creative assets that need to be developed.

5.       Adaptive Marketing

I wrote about this idea a couple months back.  Adaptive Marketing is the ability to adapt and personalize campaigns real time, by responding to data collected on the audience via their web behavior or social graph.

A favorite example of this is Intel’s Museum of Me that takes content collected from you Facebook Timeline to create a personalized animated film.

6.       Media is more than a venue for your ads

The Super Bowl, the Academy Awards, The Grammys, television premieres, a Final of American Idol have become media events.  Social media and tablets have turned them into live interactive marketing bonanzas.  Customizing ads and marketing programs to leverage these events is becoming a powerful strategy.  Poise used the Academy Awards to promote its pads through a Whoopi Goldberg spot and online program.  It created a viral storm and sales hit record levels.

Media companies are leading the way when it comes to navigating the paid, owned and earned world.  Media ‘brands’ such as ESPN, AOL, MTV, The X-Factor, YouTube, Jimmy Kimmel, Project Runway plus the established Broadcast Networks and print/web titles are able to deliver consistently large scale advertising audiences, give brands access to content and drive the conversation in social media.  To leverage these opportunities fully, media partners need to be a brought in much earlier in the marketing planning process.

To be clear, this is not a media versus creative discussion.  All stakeholders need to be part of a media discussion … the brand, account management, account planning, creative, digital and the media teams.  Maybe it is now time for the Creative to be the last 10 minutes in the meeting!

Media provides marketers into cultural and consumer insights …

The Rise of Pinterest and of Image-Based Tweets Shows New Movement

By:  Published in Ad Age: March 06, 2012
There was a time when media planners’ role was limited to determining where marketers should advertise. The world has so moved on.

Today media agencies and media departments are wonderfully placed to deliver a richer understanding of consumer viewpoints, shopper intentions and cultural trends.

Each year I make it a point to attend MTV’s upfront presentation — and not because its party has the best headline acts. (Last year it was Bruno Mars, the year before it was Train.) MTV more than anyone else really “gets” millennials — the largest and most important consumer segment. The popularity of shows like “16 and Pregnant” and its “Teen Mom” followup helps us understand a generation that is embracing responsibility and social issues. MTV’s revival of “Beavis and Butthead” supports another trend we’re seeing among millennials: the popularizing of the 1990s as the hip decade.

TV of course has always been a barometer for popular culture. When “Friends” first the air in 1994, it offered a window into Gen X-ers at a time when they were exploring a new kind of tribal bonding. The quick popularity of “24″ showed a hardening of the public’s stance on security post9/11. And popular shows such as “Modern Family” and “Glee” include prominent portrayal of lead gay characters in interesting stories, indicating something of a coming out for Middle America.

Then last month, rather astoundingly, CBS’s “The Big Bang Theory” surpassed Fox “American Idol” in the ratings. Yes, this could be a sign that the longtime ratings king is tiring, but perhaps it’s also a validation that geeks and technology have officially become cooler than chasing fame and fortune.

 

But it’s not just TV anymore.

At Mindshare we’re seeing a consumer movement toward a more visual culture brought on by technology and media. Smarter devices are prompting more occasions for people to create and consume visual content, while social media is encouraging that content to be shared on multiple platforms.

This is manifesting itself in text-based tweets’ giving way to photo and video tweets, Google+ hangouts that facilitate group video, the proliferation of infographics at news outlets, viral sharing of Photoshopped images and, most recently, the rise of Pinterest, the online pinboard for sharing images and video — and currently the fastest-growing social-media platform.

Consumers are compiling and sharing photos and video, like an earlier generation collected LPs and bumper stickers, as their version of defining and projecting their individual identity.

Insights derived from the way consumers use media can help drive more potent communications. The breakthrough advertising idea for Dove’s “Campaign for Real Beauty,” to use real, life-size models, involved a lot of exploratory work with consumers. But one supportive insight came from the media, when the planning team learned that 80% of women felt worse about themselves after reading a beauty magazine.

 

When Estee Lauder saw how Facebook profiles were becoming an important social currency for young women, the cosmetics marketer made digital photographs available at in-store makeup counters so that consumers could post them to their profile pages.

The opportunities for insights are beginning to seem endless. If you want to know when to advertise to vacation planners or wedding planners, then check out Google to understand the patterns of when and what people are searching.

Before you advertise in media, see what the media can tell you about how to advertise.

 

 

 

 

 

 

Adaptive Marketing … How Brands Can Use Data to Personalize and Market Themselves

Google took a lot of heat last month when it announced its decision to incorporate personal data into its search results. The “Don’t Be Evil” people were vilified by commentators and competitors. But its move was just another step in a shift by many marketers toward more actively tracking and responding to consumers.

Amazon gives shoppers personalized recommendations. Nike lets runners customize their trainers via Nike ID. Coca-Cola has introduced Freestyle vending machines, which enable patrons to create their own beverage by mixing together existing Coke products and then sharing their favorite creations with their friends via Facebook.

Consumers are increasingly comfortable providing their information with companies they know will use it to help personalize their products and communications, or companies providing essential services such as insurance. According to a recent study in the U.K., 75% of consumers that have an existing relationship with a company are happy to share their information with it, while 62% would share their information with a company selling products or services they need.

At Mindshare we have a name for this accelerated data-driven and consumer-focused mentality:adaptive marketing. It’s an approach that enables marketers to truly tailor their activities in rapid and unparalleled ways to meet their customers’ interests and needs based on data. It’s not just about advertising, but adapting every part of the marketing mix as well as the product itself to connect more consumers with the brand, make it more relevant to everyone and deliver more benefits.

Why is this the most exciting development in marketing in decades?

Adaptive marketing allows you to create more personalized brands, thereby eliminating commoditization. Adaptive marketing rips apart the concept of “the consumer,” a label that marketers have used to conveniently aggregate a picture of who they are trying to sell to. It assumes a classic model of mass-production, mass-appeal products promoted in mass media. The problem with this model is that it speaks to the most basic of needs, resulting in lowest common denominator marketing. This drives brands towards commodification, resulting in downward pressure on pricing… every marketer’s doomsday scenario.

You can personalize your Kleenex box.

You can personalize your Kleenex box.

KLM lets you link your network with your seat.

KLM lets you link your network with your seat.

Adaptive marketing looks to debunk that model. Personalizing a product to a customer increases its relevance and customer satisfaction, making it less likely they will want to switch brands.

Kleenex has introduced personalized packaging to great effect. M&M’s allow you to order customized candies. Dutch airline KLM has just introduced a service called “Meet & Seat” to help travelers decide who they might want to sit next to by linking your Facebook or LinkedIn profile to your flight. (Presumably, you could also use the service to decide who not to sit next to.)

Behavioral pricing is an interesting idea that’s being discussed where brands could differentiate pricing based on data collected. For example, consumers that “like” a brand could in theory conceivably be prepared to pay more. For prospects which have searched or visited a brand online, a marketer might be more willing to provide a bigger incentive to purchase.

Adaptive Marketing is about being more responsive to customers more quickly Communication is an essential part of the approach. Whirlpool responds individually to people complaints raised online about their appliances. Companies such as Starbucks and Apple for years have been crowdsourcing for new product and service ideas within communities on Twitter and Facebook.

Today’s media, technology and data provide the channels to facilitate adaptive marketing. In a way media has always been integral in steering marketing strategy. National broadcast TV helped broad branding and awareness drive advertising. Magazines create opportunities to segment the market and promote products to niche targets. The early days of the internet ushered in e-commerce marketing.

Of course direct-response agencies have preached some element of response-based marketing for years. But the coming availability of addressable TV, location-based and hyper-local media platforms, digital out-of-home and the multitude of tablet and mobile media devices is making adaptive marketing a universal brand marketing opportunity.

Becoming an adaptive marketer can require serious structural changes. The entire media process — budgeting, planning, buying, and optimizing — needs to become more fluid and “always-on” rather than static and sporadic. Brands need to develop a library of creative assets — images, calls-to-action, applications — that can instantly be deployed into advertising units when required.

Aggregating, then mining, buyer and audience data to allow personalized product development, marketing and messaging is the key to unlocking adaptive marketing gold. That’s going to be the next space race for marketers and their agencies. We hope you’re ready.

ABOUT THE AUTHORS
Antony Young is CEO of Mindshare North America, a WPP media strategy and investment agency. Norm Johnstonis co-global digital lead of Mindshare Worldwide.
Follow

Get every new post delivered to your Inbox.

Join 1,842 other followers