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Retail
by Sarah Mahoney
by Karlene Lukovitz
by Tanya Irwin Click and read (and stay cool this week)!
Retail
by Sarah Mahoney
by Karlene Lukovitz
by Tanya Irwin
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Is not in the name, it is in the people.
From WonderBranding:
Why Ritz-Carlton Is A Cult Brand And You’re Not
Posted: 01 Jul 2010 07:09 AM PDT
The latest print edition of AdAge features a short but excellent article on the legendary success of the Ritz-Carlton hotel chain.
The article doesn’t say a word about advertising. It does, however, address how Ritz-Carlton maintains a freakishly high level of word-of-mouth reputation.
It’s not complicated, and it’s not a secret.
Anyone could do it.
But most don’t.
There are three basic elements to the Ritz-Carlton philosophy:
1) Every employee lives and breathes VALUES and SERVICE. Walk up to a Ritz-Carlton employee and ask about the 12 Service Values, and they’ll likely whip out a small pocket accordion file that features each value, three points of service, and the company’s credo.
Value Number One is: “I build strong relationships and create Ritz-Carlton guests for life.” Whoa. Even if the other eleven Values are blank, that one alone should blow your hair back.
2) Every employee has AUTHORITY and RESPONSBILITY. Every employee of Ritz-Carlton has automatic authority to spend up to $2,000 to help a guest resolve an issue. That’s right – $2,000 per guest, without having to obtain permission. There’s a built-in level of trust, but with that comes a great deal of responsibility. Once an employee gets a complaint, they own that complaint. No passing it off to someone else – they can get help, but they have to see the resolution of the problem through to the end.
You may not be able to afford $2,000 per customer, but what if you gave your employees authority of even $25 per customer to resolve problems? And what if you made your employees see the resolution of a problem through to the end? Imagine what kind of trust and pride that would build.
3) Values, Service, and Pride are re-visited each and every day. This is the kicker, and the one reason why Ritz-Carlton is a cult brand and you’re not. They didn’t just make up the values and customer policies then let it ride. The staffs of each hotel meet at 8 a.m. every single morning to review their mission, discuss issues, and often times hail an employee for a specific success. Pride and teamwork are reinforced each and every day in order to maintain consistency and to grow the brand.
Are you committed enough to customer experience to meet with your staff every day for a review of the company’s values, highlight customer resolutions, ask for help resolving problems, and feature success stories? Do you have the fortitude that it takes to do it every single morning? Because that’s what it’s going to take if you want to take your business to the next level.
Brian Bennett, a regional director for Ritz-Carlton knows that marketing and advertising have limited effect. “It’s the positive experience that will make a guest who visits us five times a year visit us six or seven times. The experience is what triggers change in human behavior and that change is pure profit.”
The recovery of the economy is still further off than we’d like to acknowledge. Businesses that survive, and then rise to the top when times get better, will be those that take the Ritz-Carlton methodology and apply it to their own situation. It’s not easy, and probably means a complete “lifestyle change” for your entire business. But trust me – you need to do it.
The question is: Will you?
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from RBR.com:
Oxygen Media released a study conducted by The Oxygen Media Insights Group, into the minds of women (18-34) and their social media habits. The findings have revealed greater information about how young women – and in comparison their male counterparts – are using social media to power their “Live Out Loud” lifestyles. The study revealed they are using it to gather hard news, share information with friends and vent about happenings in their lives at a breakneck pace.
Also uncovered was the ‘addiction’ some profess to have including waking up in the middle of the night to check a text or checking their Facebook in the morning before washing their face or brushing their teeth. The survey, which interviewed more than 1,600 social media users 18-54, explores the profound impact social media has had on today’s young women in their quest to “have it all” and all at once.
OMG! I’m Addicted!
Today’s tech savvy woman 18-34 has a fixed dependence to social media networks. An overwhelming majority (57%) admit to talking to people online more than face-to-face, while 34% say checking Facebook is the first thing they do when waking up in the morning – that includes brushing one’s teeth or using the bathroom. Even more surprising is the 26% who get up in the middle of the night to read text messages and the 21% who confessed to checking Facebook during the night.
More than one third (39%) are self proclaimed Facebook addicts; 37% have fallen asleep with their PDA in their hands; 84% believe its okay to update your status more than once a day; and 78% think it's okay to check someone else’s Facebook profile more than once a day; 19% say they have gotten into fights with loved ones about how much time they spend with their PDAs/cell phones and 31% feel more confident about their online persona than in their real lives.
• 34% women 18-34 say checking Facebook is the first thing they do when waking up in the morning
• 26% women 18-34 get up in the middle of the night to read text messages
• 37% women 18-34 have fallen asleep with their PDA in their hands
Uncensored…actions speak louder than words
Young women don’t always practice what they preach. While privacy is a concern for women 18-34, they have not let this matter censor their behavior. The shocking reveal here is that even though two-thirds (63%) use Facebook as a career networking tool, almost half (42%) think photos of them visibly intoxicated are okay and 32% think photos of themselves or others making obscene gestures are appropriate as well… and for all to see including co-workers and bosses. Respondents also seem to be unconcerned about being tracked at any given time – More than half (56%) of Twitter users think its okay to Tweet their current location; more than half (53%) post issues they are having at the moment; and half (50%) use Facebook to let others know what they are doing. 85% of women think its okay to post photos of a girls or guys night out; 86% think posting photos of children is okay; 79% are okay with kissing in photos and 73% are fine with posting photos of Bachelorette parties.
• While two-thirds (63%) of women 18-34 use Facebook as a career networking tool, almost half (42%) think photos of them visibly intoxicated are okay
• While 37% of women 18-34 admit they’ve accidentally texted something embarrassing to the wrong person, 32% think posting photos of themselves or others on Facebook making obscene gestures is appropriate
• Only 44% of women 18-34 trust Facebook with their private information, but 56% of Twitter users think its okay to Tweet their current location
Are we frenemies?
58% of young women use Facebook to keep up with their frenemies; 50% say its okay to be a Facebook friend with a complete stranger. Maybe Facebook is not a competition for collecting the highest number of friends - a surprising 50% agree they could rely on a Facebook friend for help in a crisis situation, however 46% say its okay to be Facebook friends with someone you don’t like in real life; but only 31% would “de-friend” someone they no longer talk to in real life.
• 58% of women 18-34 use Facebook to keep up with their frenemies
• 46% of women 18-34 say its okay to be Facebook friends with someone you don’t like in real life
• 50% of women 18-34 agree they could rely on a Facebook friend for help in a crisis situation
Staying Connected…no one picks up the phone anymore
Traditional means of communication have been tossed aside by today’s modern young woman 18-34. When keeping in touch with family, friends and various associates an overwhelming 73% agree they text more than they talk on the phone and more than half (56%) consider texting their main form of communication. Keeping with this new age trend, tech obsessed young women have also replaced traditional forms of media as their primary news sources -- 48% find out about news through Facebook more often than traditional news outlets and 41% of those who use Twitter use it to stay up to date on current events and news.
• 56% of women 18-34 consider texting their main form of communication
• 41% of women 18-34 who use Twitter use it to stay up to date on current events and news
• 44% of women 18-34 turn to Facebook for reviews of TV shows and music
The Dating Game
It's time to find a date for Saturday night… 50% of single women 18-34 (vs. 65% of single men) think its okay meeting and dating other singles they meet through Facebook; 6% use it as a way to “hook up” (vs. 20% of men) and 37% of women 18-34 would not take down pictures of her past for a current significant other. When it comes to men 18-49 and their online dating habits, the results are in -- 42% of men think it’s okay to keep tabs on their girlfriends and wives via access to their online accounts (vs. 49% of women) and married men are more likely to cheat using social media. Half of the married men surveyed do not consider sending a text to an ex flame or having a Facebook chat with someone they’re attracted to as cheating. And the men are heartbreakers -- men 18-34 are twice as likely as their female counterparts to break up through Facebook (24% men vs. 9% women) as well as via text message (31% men vs. 14% women). It’s heartening to know that some young women still roll ‘old school.’ 91% say it’s not okay to break up with someone over Facebook; and 74% of Twitter users say it’s not okay to start an argument with someone over Twitter.
• 50% of single women 18-34 (vs. 65% of single men) think its okay meeting and dating other singles they meet through Facebook
• 37% of women 18-34 would not take down pictures of her past for a current significant other
• Men 18-34 are twice as likely as their female counterparts to break up through Facebook (24% men vs. 9% women) as well as via text message (31% men vs. 14% women)
The Moms Weigh In
88% of young moms 18-34 think it's okay to post photos of their children on Facebook; 73% say that Facebook is “me time;” 42% say its okay to send private Facebook messages to members of the opposite sex while in a relationship; 42% feel that it keeps them hip and 25% like their Facebook friends more than their real ones!
• 88% of young moms18-34 think it's okay to post photos of their children on Facebook
• 73% of moms 18-34 say that Facebook is “me time”
• 25% of moms 18-34 like their Facebook friends more than their real ones!
Spoiler Alert!
78% say it's okay to talk about the outcome of TV shows in your Facebook status and 69% say it's okay on Twitter among users!
• 78% of women 18-34 say it's okay to talk about the outcome of TV shows in your Facebook status
• 69% of women 18-34 say it's okay to discuss outcome of TV shows on Twitter among users
The Reality Check
54% of the youngest women (18-24) do not trust Facebook with their private information; 72% agree that what you put on Facebook will live on forever and 89% agree you should never put anything on Facebook that you don’t want your parents to see. 80% of moms 18-34 feel that Facebook is a way to preserve your memories – a “modern day scrapbook” and 55% of moms who Tweet are more likely to keep Twitter for the rest of their lives.
• 54% of women 18-24 do not trust Facebook with their private information
• 72% of women 18-24 agree that what you put on Facebook will live on forever
• 89% of women 18-24 agree you should never put anything on Facebook that you don’t want your parents to see
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Our Sales Tip today is a story that I'm familiar with, and even if you are too, it's worth reading again and sharing with others. From SalesDog.com:
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Welcome back from a long weekend...
by Karl Greenberg
by Karlene Lukovitz
by Tanya Irwin
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I've never owned a mini-van and neither have my kids (yet). My business manager bought own a couple weeks ago due to the upcoming birth of her twin daughters this summer and the need for a vehicle that seats 4 kids and two adults comfortably...
This is from Mediapost:
While my agency has done its share of brand reinventions, it does make me wonder if marketers are just trying to uncover brand equity that's still alive in these old brands or do they think GenYers are more affected by nostalgia than other demographics?
It's true that in bad times people tend to long for a simpler, easier time and brands that remind us of those times can bring a smile to our face and stir up positive emotions. But it would be wrong to assume that GenYers are more nostalgic than the rest of us or that they will immediately flock to anything from their past. In fact, it might be more accurate to define Gen Y as the "anti-nostalgia" demographic for a couple of reasons:
It's the second reason that best explains why marketers cannot assume that "if we reintroduce it, they will come." For GenY, the emotional weight of personal history is quantified not so much by nostalgia (which has sort of a negative connotation) but rather in their ability to cherry-pick the best parts of their childhood and brings those ideas and products forward into their adult lives in meaningful ways.
For fashion, Etsy, vintage T-shirts, and Urban Outfitters all represent the best parts of Gen Y's early foray into individualism: fashion that allowed them to craft their own identities without leaning too far outside of what their "tribe" was into is still important for GenYers today.
Fast-forward to the present, with Gen Y entering the workforce as young adults and becoming parents. Both present new challenges to their identities but Gen Y doesn't meet these challenges by feeling nostalgic for "easier" times; rather, they are firmly focused on the future, taking full advantage of how technology makes life easier, how social networking through mommy groups helps them cope with the ups and downs of being a parent, and all of the other everyday issues of adulthood.
For example, minivans, the carpool chariot Gen Yers grew up inside, are relevant today not because of nostalgia but because the vehicles have evolved into mobile living rooms. Their relevance is meaningful and incredibly useful to young parents looking for seamless ways to go from a home environment to another place with all the creature comforts and entertainment options of home. The fact that a GenYer grew up inside a minivan doesn't hurt, but nostalgia alone isn't their reason for buying one.
In fact, in many ways, the idea of nostalgia is something Gen Y might thumb their nose at because they are so adept at multi-tasking and staying connected to what's most important and useful to them at the moment. While a reference to yesterday can certainly add an element of familiarity, finding a way to add value to a Gen Yer's life today is far more important to a brand's success than merely reminding them of their childhood.
![]() | Mike Doherty is president of Cole & Weber United. He is a marketer with more than 25 years of experience creating effective growth strategies for a diverse group of clients. Working on both the agency and client sides of the business, Mike's passion lies in helping clients find new ways to go beyond the boundaries of traditional advertising to effectively engage customers in branded experiences. |
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Daily Sales Tip: The Shorter the Better
You have to ask questions that truly engage the customer. However, this doesn't mean you need to develop complex questions.
Instead, the best tactic is to ask shorter ones. Long questions tend to result in short answers, while short questions will generally result in long answers.
An example of a great short question is, "Why?" In my opinion, there isn't a better follow-up question you can ask after the customer has shared with you some information.
Consider how your customers would respond to other short examples like, "Can you elaborate on that?" and "Could you explain more?" These shorter questions elicit detailed responses and that's just what you want.
On the other hand, asking complex questions often tends to perplex customers. Because they are not sure what you are looking for, they respond with the universal answer representing total confusion, "What did you say?"
Questions should not be your means of showing your customers that you are an expert. Save that for your statements.
Source: Sales consultant/trainer Mark Hunter
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Success rates for online advertising is often measured as a click thru rate.
However a tiny % of folks who see or hear ANY form of advertising respond immediately.
That doesn't mean the advertising isn't working, as the following report explains:
The 'Subliminal' Effects of Banner Ads
Consumers say they ignore static banner ads, and don't click on them, but eMarketer Senior Analyst David Hallerman cites stats from a Microsoft Atlas study that suggest the static strips running across the tops of Web pages still influence purchase decisions.
Successful campaigns require a variety of tools and it appears that banner ads have begun to take on the dubious title of "staple." Hallerman, who has been researching a report about online brand marketing, calls banner ads "somewhat subliminal" because banner ads appear to affect consumers whether they realize it or not.
"The positive, yet not always easy-to-measure effects and the increasingly lower cost and availability of banners give campaigns a steady foundation," says Hallerman. "Banners help to fill in the campaign."
Expect the report to look at spending trends because where companies actually allocate budgets means more than any talk their executives say in front of conference podiums and public events. Hallerman also plans to analyze consumer reactions to banner ads and alternative ways of finding conversions, as well as measurement strategies, and some of the miss-measurement methods.
Banner ads complement search advertising, too. In 2010, the nearly $12.4 billion that companies will spend on search advertising accounts for about 45% more than what they will spend on all three display ad formats -- banners, video and rich media -- combined.
Citing research from an unnamed source, Hallerman says about 18% of consumers searched for the brand's products or services after being exposed to a banner ad. Success from banner ads, however, depends on the company, the industry, the product and the stage in which the brand tries to hit the consumer. How brands rely on targeting also plays a role.
As marketers look to engage consumers -- and to gain better measurement and targeting tactics than what's available with most other media -- they will continue to increase budgets for Internet ads of all kinds, cannibalizing newspapers, magazines and other traditional media spend. The Internet's share of total media ad spending will rise from about 15% in 2010 to more than 20% in 2014.
A large part of the growth will come from video, even in banner ads. Spending for online video advertising will make the format the second-biggest recipient of new ad dollars from 2010 to 2014, according to the eMarketer report "U.S. Ad Spending: How Big Is the Bounceback?" Of the more than $13.6 billion incremental dollars that will flow into online advertising during the next five years, 33% will come from video ads, compared with 44.5% from search.
However, don't expect the online video boom to become as hot as some hype would suggest, according to the report. Annual spending growth rates should hit between 30% and 40%, as brand marketers looking for greater targeting shift a portion of their TV budgets onto the Web.
As search attracts more dollars and video gets more growth, banner ads will increasingly become filler for those two ad formats, as well as for other elements of advertising campaigns. And as the market share for banner ads continues to decline -- even in 2014, when spending on banners will make up 20.3% of all the ads on the Internet -- the format will remain second to search.
Despite the ongoing commoditization of banner advertising, a result of the plethora of ad networks and the growth in the number of Web sites and pages with ad inventory, the total share of online ad spend for banners will stand at more than 20% from 2009 through 2014, according to Hallerman. It could turn the medium into a low-cost staple for online ad campaigns.
(Source: Online Media Daily, 06/24/10)
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is just as important as how many times you say it and who you say it to.
Drew explains:
by Drew McLellan
One of the maxims of marketing is repetition. Maybe that's why most ad copy sounds the same. Everyone seems to take the same spin on the product or service...and end up sounding a bit "me too" when all is said and done.
Take the idea of encouraging seat belt usage. For years we've seen the test dummies slammed into dashboards and front windows. We've had traffic fatality statistics scroll by and we've been shown mournful family members express their loss.
Nothing wrong with any of it...it's just been done to death. Which is why this commercial is so powerful. Watch it and then I'll tell you the back story. (e-mail subscribers...click here to view)
Pretty impactful -- wasn't it? An independent director in the UK, Daniel Cox, got the idea for this spot and went to the Sussex Safer Roads Partnership and proposed his idea. They let him shoot the spot and because of its completely different approach -- it has become a worldwide sensation...and very effective in delivering the seat belt message.
Not only has the YouTube video been viewed over 9 million times, but the spot has always garnered significant news coverage, including this story on CNN.
So.... how do we create the same impactful, fresh kind of copy writing/concepting? We ask different questions and we view the "problem" from different points of view.
Try some of these on for size:
Being creative and fresh isn't a fluke. It's hard work. Perhaps because it's so difficult -- it's rare. Which is why we are so enamored when it happens!
Share the Embrace Life spot with those you love... what better way to ask them to buckle up?
Hat tip to my Dad for sharing the spot with me!
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from MarketingProfs.com:
![]() |
No matter how excellent your company's product or service, and no matter how outstanding your customer service team, you will encounter disgruntled customers. It's a fact of life. And, warns Michael F. Kelly at MarketingProfs, this disproportionately vocal group can do serious damage to your company's reputation.
"If 20% of your market has a negative opinion of your brand and each person shares that negative opinion with five others, while the 80% with a positive opinion each tells only one other person," he notes, "within a short time the market will be more negative than positive."
It's a scary proposition, and he offers this advice for dealing with the negative word of mouth:
Don't shy away from criticism. Ask your customers for complete honesty and prepare yourself for tough answers. "Look at this as an opportunity to greatly increase the effectiveness of the entire organization," advises Kelly. "Senior management must encourage the hunt for and elimination of things being done that make customers value the brand less."
Identify a problem—as well as its emotional impact. "A statistic that merely says people wait 4.5 minutes on the phone for customer service is not sufficient to convey the customer's experience," he explains, "and it's easily ignored. Instead, ask customers how they felt about the delay."
Fix the problem, and clean up the mess. This isn't always easy, and you can't expect instant results. "People have memories," he says. "A bad experience with your company or product, especially if it was associated with an unresolved emotional reaction, can be remembered and acted on for years after the problem is ostensibly resolved."
The Po!nt: Whatever you do, always begin the conversation with a genuine apology. "Without an apology," says Kelly, "nothing else is heard."
Source: MarketingProfs. Click here for the full post.
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As our country celebrates over 200 years of our independence today, I am reminded that the men and their families didn't know exactly how their lives and actions were going to turn out, but they did know what principles they were living for.
Drew wrote about a similar concept last month on his blog:
Posted: 22 Jun 2010 03:19 AM PDT
We can twist ourselves into a knot if we react to everything our competitors do, or the ups and downs of the economy or any other outside factor that shifts and changes on a dime. Or, we can have a clear understanding of our business' purpose and mission. That's understanding your brand and living by it every day.
Are you making decisions based on where the waves toss you or have you charted your course according to your brand, your principals and your true north?
Photo courtesy of Shutterstock.com
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I wonder if Sam Walton envisioned all of this:
Via: Home Loans
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One big mistake sales people make is they don't understand what their clients want to buy, or how they buy.
Here's 4 lessons from MarketingProfs.com:
![]() |
If you're not in the market for luxury real estate, there's a good chance you haven't seen the glossy brochures that Christie's Great Estates and Sotheby's International Realty produce for their multimillion-dollar listings. "It is a shame that few of us do get to experience this world," writes Rohit Bhargava at the Influential Marketing Blog, "because when it comes to marketing there is a lot that anyone could learn from how luxury [real-estate agents] run their businesses."
Here are a few ways real-estate professionals excel:
They leverage strong personal brands to build credibility. "Often," Bhargava says, "you see the story of the agent's career and how he or she made it to that point." Agents also discuss personal histories and interests—especially those they share in common with potential clients. "All of this," he continues, "is designed to give you a sense of who they are before you consider working with them."
They know a thing or two about targeting their audience. If agents in the luxury real-estate market advertise in the wrong place, they know they'll only waste time with unqualified inquiries. "They don't care about reaching millions or even about reaching thousands," notes Bhargava. "They care about reaching the right dozen people, period."
They create desire with lust-worthy photography. There's no such thing as an amateur snapshot in their marketing collateral: instead, houses are presented as nothing less than a venue for perfect domestic bliss. "The imagery sells the houses," he says, "and encourages you to dream."
The Po!nt: When looking for marketing inspiration, don't limit yourself—you'll find great ideas in what seem to be the most unlikely places.
Source: Influential Marketing Blog. Click here for the full post.
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Daily Sales Tip: 4 Tips To Find Prospects Using Social Media
A recent blog by Jay Baer outlined ways to track down prospective clients by using Social Media. He recommends:
1. Hire a Spy
Flowtown and Rapleaf are two of the leaders in the emerging field of social anthropology. It's ingenious, and a bit freaky (like Cirque de Soleil).
You provide a list of your customers' email addresses, and these services figure out how (and who) among your customers are on Twitter, Facebook, Linkedin and niche social networks, what their "likes" are, and other important details.
Flowtown is perfect for small and medium businesses. Rapleaf is better for larger companies.
2. Ask
Perhaps the most obvious way of finding out where your customers are hanging out in social media is unfortunately the least utilized. Ask them.
3. Email Behavior
Have you added links to your social outposts in your emails? Have you added the ability for email recipients to share content on Twitter, Facebook, Digg and elsewhere? If you send email routinely, you need to integrate email and social immediately.
Most quality email service providers give you the option of easily adding sharing tools, and you can then run a report showing which of your subscribers clicked your Twitter link, and/or shared content on Facebook. Presto! Now you know that person is active on those social outposts.
4. Gmail Stalking
Twitter, Facebook and other social outposts have incorporated functionality that allows you to see whether your Gmail contacts are using the services, and invite them to connect with you. While this integration is intended for personal use, you can utilize it for your business, too. Here's how:
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Yeah, it's early.
I'll continue to have updates over the weekend...
by Sarah Mahoney
by Karl Greenberg
by Tanya Irwin
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As a child of the 60's and 70's, I grew up without cellphones, cable TV and the internet. We got the news via Walter Cronkite (Google him!), and the afternoon newspaper.
My kids grew up in a different world, and my grandkids world will be vastly different too.
Here's an insiders peek into what is coming:
What Happens to Traditional Media When it Goes Digital?
At the ARF Audience Measurement conference last week, some speakers really got me thinking about what happens when all media becomes digital. Here are three forces that could produce profound changes in media and advertising both from a business and user experience point of view.
Everything Will Become Digital
Digital used to be synonymous with online but everything will become digital. Dave Poltrack from CBS predicts a huge increase in HD, 3D, and IPTV TV sales. David Verklin, president of Canoe Ventures, talks about the interactive TV advertising experience that will be nationally available. Video in Facebook? How about Facebook built into your new 55" HD 3D TV? The future of print media is being revolutionized by electronic readers like iPad. One can also imagine codes being inserted into print advertising or editorial pieces that, when captured by a smart phone, instantly leads to a multi-media experience or electronic coupon.
No longer is CBS a TV company or Time, Inc. a magazine; no longer is "media platform" the business organizing principle. Now, the media property is the organizing principle and it must live synergistically across platforms.
Data Will Always Trail the Media Possibilities
New touchpoints are emerging weekly, it seems. Advertising via the iPad was born so very recently. Apps for smart phones that create amazing location-awareness and shopper marketing options are emerging so fast it is mind-numbing. How can a manufacturer not want to put codes on packages that, via a reader on any smart phone, can now bring a brand's story to life with sight, sound, and motion at point of purchase? Digitization allows a marketer to guide a consumer along the path to purchase right to the check-out.
The point is, syndicated media research data bases, custom marketing research assessment can't possibly get ahead of this; they will always be playing catch-up, focusing on the most significant of the touchpoints that are attracting substantial funds.
The Importance of Understanding Audience Size Will Diminish
The most important things in traditional media, the stats we all understand, relate to audience size (GRPs, circ, etc.). However, imagine watching an episode of House on a platform that allows for selective ad serving. As soon as two different households start getting different ads served to them, measuring total audience becomes less important to the advertiser. Online, monthly uniques are a guide to which sites an advertiser should consider but they are paying for impressions served (or clicks). "Traditional" media could/should move to this model as it becomes digital.
If this comes to pass as traditional media become digital, imagine the implications for syndicated media currency databases, and media tools. While this will be traumatic to the existing infrastructure for "traditional media", the increased business value of advertising and the increased CPMs that advertising should command when it is made more relevant based on intelligent serving rules are potentially very significant.
(Source: Joel Rubinson, Chief Research Officer, The Advertising Research Foundation, from an article that appeared in Retail Wire, 06/30/10)
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Is not to bore people to death.
Want to kill a sales presentation?
Do a boring Powerpoint.
I use Powerpoint to create handouts, have done it that way for years until last year when I actually used it the way it was designed, as an interactive presentation projected on a screen.
My first one lasted 40 minutes, included a couple of videos and had 87 slides. We actually did Q & A as part of the presentation.
Seth Godin has some advice to follow:
The next time you find yourself on the hook for a 40 minute presentation (with slides!) consider, at least for a moment, a radical idea:
A slide every 12 seconds. 200 slides in all.
You're used to putting three or four bullet points on a slide. That's at least four distinct ideas, but more often, each of those ideas has three or four sub ideas to it. In other words, you're cramming 32 ideas on a slide, and you're sitting on that slide as you drone on and on. Perhaps you spice it up with some reveals or animated bullets, but it's still 32 ideas going stale before our eyes.
What if you blew it up? Just one word on a slide. Or, perhaps just one image (no cheesy stock please). Maybe you write, "Cheaper" on one slide and, "More durable" on the next...
Slides create action. When did you decide that the appropriate amount of action was six or twelve times every half hour?
How would your pace change if you had 200 slides? How much better would the integration of slides and talk be?
I don't honestly expect you to do your presentation with 200 slides. I'm hoping this exercise will help you realize that you might not need any slides. Or that 50 or 100 slides will pick up your energy and make your argument more coherent.
But please, don't do that presentation you did last time.
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Labels: sales training, Seth Godin
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