What's Next In Marketing & Advertising

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    11-Aug-2014
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A presentation I gave internally at our agency last week (3/21/08) for our monthly "What's Next" lunches. Quick background on these lunch sessions: Each month, three or four people are called upon to share either what inspires them or what's going on in a specific area. So far, I've seen some of our creatives talk to what motivates them and share trends and up-and-coming names in art and design; some of our tech team talk to emerging technologies, showing off what they can do and how they're relevant to our clients; and finally some of our modern media team share the newest ways we can help people find what they're looking for more easily and get more relevant information in front of them for our clients. Like I said, it has all been very fun to take part in as well as quite inspiring and energizing. For this one, I was asked to share what's going on in marketing and where things are moving. What you'll see/did see is that I ended up using a little bit of what I've been posting about on my blog and some of what has been getting covered both within the trade pubs and on industry related blogs to give me the outline. If you follow the plannersphere and other social media and marketing blogs, then this probably won't be much new, but it might connect the conversations a little more. Or maybe not. Mostly just wanted to share it since I did put a bit of time into pulling it together and was inspired by many of you who've been writing about similar subject matter. Also because what limited free time I did have last week went into putting it together instead of writing on my blog. Note: Most of the examples in it are the more covered ones used to support the topics they're associated with. With limited time, I opted for the easy-to-find examples. Sorry about that. One that isn't as covered across the blogs and in the press yet is the My Vegas site. For more info on it see David Armano's Logic + Emotion blog where he has a detailed post on it. As always, if you've got any thoughts, questions or comments...

Transcript of What's Next In Marketing & Advertising

  • IN MARKETING + ADVERTISING WHATS NEXT 2008 Paul Isakson
  • THE FUTURE OF ADVERTISING 2008 Paul Isakson
  • THERE ISNT ANY. 2008 Paul Isakson
  • THE END 2008 Paul Isakson
  • J/K J/K J/K J/K J/K J/K J/K J/K J/K J/K J/K J/K J/K J/K J/K J/K 2008 Paul Isakson
  • THE FUTURE OF MARKETING 2008 Paul Isakson
  • TOPICS / AGENDA BRANDS OLD MARKETING NEW MARKETING INNOVATION ENGAGEMENT UTILITY INSIGHT 2008 Paul Isakson
  • BRANDS & BRANDING HAVENT CHANGED 2008 Paul Isakson
  • BRAND = COLLECTIVELY, WHAT PEOPLE SAY, FEEL & THINK ABOUT YOUR PRODUCT, SERVICE OR COMPANY. 2008 Paul Isakson
  • BRANDING = USING MARKETING TO INFLUENCE PEOPLES ATTITUDES TOWARDS, AND PERCEPTIONS OF, THE BRAND. 2008 Paul Isakson
  • BRAND LOYALTY WILL STILL BE EARNED OVER TIME THROUGH CONSISTENT POSITIVE EXPERIENCES & ENGAGEMENTS WITH A PRODUCT, SERVICE OR COMPANY. 2008 Paul Isakson
  • TREAT ME WELL, AND ILL RETURN THE FAVOR. 2008 Paul Isakson
  • OLD MARKETING 2008 Paul Isakson
  • OLD MARKETING PRODUCT PACKAGING DISTRIBUTION CRM ADVERTISING CONSUMER 2008 Paul Isakson
  • 2008 Paul Isakson
  • THIS ISNT WORKING. 2008 Paul Isakson
  • I DONT KNOW WHAT WERE YELLING ABOUT!!! 2008 Paul Isakson
  • A TIME FOR CHANGE Were not in the business of keeping the media companies alive. Were in the business of connecting with consumers. Trevor Edwards Vice President, Global Brand & Category Management Nike October 2007 Source: New York Times - http://www.nytimes.com/2007/10/14/business/media/14ad.html 2008 Paul Isakson
  • MODERN MARKETING 2008 Paul Isakson
  • MODERN MARKETING PRODUCT PACKAGING DISTRIBUTION ADVERTISING CONSUMER CRM 2008 Paul Isakson
  • 2008 Paul Isakson
  • MODERN MARKETING [Digital] is the centerpiece of a broader campaign. I think thats become a real integral part of how we use the web, moving beyond just promoting web addresses in TV spots or print ads to really making them a critical part of the storytelling for the brands. Rob Master Media Director, North America Unilever March 2008 Source: Advertising Age - http://adage.com/article?article_id=125663 2008 Paul Isakson
  • HOW CAN YOU CREATE BRAND FANS? 2008 Paul Isakson
  • DELIVER VALUE THROUGH MARKETING. 2008 Paul Isakson
  • OR, MORE SIMPLY PUT 2008 Paul Isakson
  • MAKE PEOPLES LIVES BETTER. 2008 Paul Isakson
  • O.K. SOUNDS SIMPLE ENOUGH. 2008 Paul Isakson
  • SO HOW CAN WE DO THIS? 2008 Paul Isakson
  • PRODUCT INNOVATION 2008 Paul Isakson
  • BUILD THE MARKETING INTO THE PRODUCT. 2008 Paul Isakson
  • MAKE THE PRODUCT SO GREAT, PEOPLE CANT HELP BUT TALK ABOUT IT. 2008 Paul Isakson
  • MODERN MARKETING Something remarkable is worth talking about. Worth noticing. Exceptional. New. Interesting. Its a Purple Cow. Boring stuff is invisible. Its a brown cow. Remarkable marketing is the art of building things worth noticing right into your product or service. Seth Godin Author / Speaker / Marketing Expert Purple Cow 2002 Source: Purple Cow / Seth Godin / Page 3 2008 Paul Isakson
  • MODERN MARKETING We think the future of advertising is great products that have marketing embedded in them. Jeff Hicks CEO Crispin Porter + Bogusky October 2006 Source: DMNews - http://www.dmnews.com/Embed-marketing-in-products-Crispin-Porter--Bogusky-CEO/article/93204/ 2008 Paul Isakson
  • MODERN MARKETING Coming up with product innovations. That's what we're setting out to do. Steven Marrs Vice Chairman Global Head of Digital and Branded Content NITRO April 2007 Source: MediaPost - http://publications.mediapost.com/index.cfm?fuseaction=Articles.showArticle&art_aid=58893 2008 Paul Isakson
  • MODERN MARKETING Our belief is that marketing and product have converged. The consumer doesnt separate the marketing experience from the product experience. Ajaz Ahmed Founder & Chairman AQKA March 2008 Source: Advertising Age - http://adage.com/article?article_id=125664 2008 Paul Isakson
  • THE PRODUCT IS THE MARKETING 2008 Paul Isakson
  • THE PRODUCT IS THE MARKETING 2008 Paul Isakson
  • THE PRODUCT IS THE MARKETING 2008 Paul Isakson
  • THE PRODUCT IS THE MARKETING 2008 Paul Isakson
  • GREAT. BUT MY PRODUCT ISNT COOL. 2008 Paul Isakson
  • WHAT CAN I DO??? 2008 Paul Isakson
  • WELL, FRANKLY YOURE SCREWED. 2008 Paul Isakson
  • J/K J/K J/K J/K J/K J/K J/K J/K J/K J/K J/K J/K J/K J/K J/K J/K 2008 Paul Isakson
  • ADD VALUE THROUGH CONTENT. 2008 Paul Isakson
  • CONTENT IS THE NEW CURRENCY 2008 Paul Isakson
  • OR, AS TRACY MORGAN WOULD SAY 2008 Paul Isakson
  • CONTENT IS THE NEW PRESIDENT, BITCH. 2008 Paul Isakson
  • PEOPLE WILL PAY FOR GREAT CONTENT. 2008 Paul Isakson
  • CONTENT IS THE NEW CURRENCY 1 Week = $1.6 Million Source: Chicago Tribune / Leisure Blogs / Turn It Up - http://leisureblogs.chicagotribune.com/turn_it_up/2008/03/reznors-one-wee.html 2008 Paul Isakson
  • BRANDS WILL PAY FOR GREAT CONTENT. 2008 Paul Isakson
  • CONTENT IS THE NEW CURRENCY 2008 Paul Isakson
  • CONTENT IS THE NEW CURRENCY [The agencys job is to create] content so valuable and useful that [consumers] wouldn't want to live without it. Jeff Hicks CEO Crispin Porter + Bogusky October 2006 Source: DMNews - http://www.dmnews.com/Embed-marketing-in-products-Crispin-Porter--Bogusky-CEO/article/93204/ 2008 Paul Isakson
  • ENGAGEMENT 2008 Paul Isakson
  • ENGAGEMENT The days of making funny things that may or may not have an effect on the client's business are ending. Jeff Benjamin Interactive Creative Director Crispin Porter + Bogusky March 2008 Source: ADWEEK - http://www.adweek.com/aw/content_display/news/digital/e3i1de189927bfff758384728f89282cfdd 2008 Paul Isakson
  • ENGAGEMENT CP+B FOLK LORE / MYTHOLOGY: ALEX BOGUSKY DOESNT WANT TO SEE SCRIPTS ANYMORE. DONT SHOW ME A SCRIPT. SHOW ME THE PRESS RELEASE. ITS ALL ABOUT HOW PEOPLE WILL ENGAGE - WHY THEY WILL FIND IT INTERESTING & PARTICIPATE. Source: Life Moves Pretty Fast - http://ameliatorode.typepad.com/life_moves_pretty_fast/2008/01/dont-write-me-a.html 2008 Paul Isakson
  • ENGAGEMENT 16 QUARTERS OF CONSECUTIVE GROWTH Source: BusinessWeek - http://www.businessweek.com/the_thread/brandnewday/archives/2008/02/crispin_downloa_1.html 2008 Paul Isakson
  • ENGAGEMENT No. 1 seller in Personal Grooming category on Amazon.com for the first two months after launch. Source: MediaPost - http://publications.mediapost.com/index.cfm?fuseaction=Articles.showArticleHomePage&art_aid=53172 2008 Paul Isakson
  • ENGAGEMENT 2008 Paul Isakson
  • ENGAGEMENT 2008 Paul Isakson
  • UTILITY 2008 Paul Isakson
  • UTILITY [Branded Utility] is where the brand creates a commitment to a relationship. Its where the brand creates something useful to you, something thats a utility in your life. The consumer will feel more confident with the relationship if the brand will continue to be part of your life. Benjamin Palmer CEO / Owner The Barbarian Group October 2006 Source: psfk.com - http://www.psfk.com/2006/11/branded_utility_1.html 2008 Paul Isakson
  • UTILITY When you create a utility, you're creating something that gives people time back. It becomes less about information as pollution and more about information to help people get through life. Nick Law Chief Creative Officer, North America R/GA March 2008 Source: ADWEEK - http://www.adweek.com/aw/content_display/news/digital/e3i1de189927bfff758384728f89282cfdd 2008 Paul Isakson
  • UTILITY 2008 Paul Isakson
  • UTILITY [Nike+] is not an advertising idea, it's a technology idea. We are delivering a product, an application. Nick Law Chief Creative Officer, North America R/GA April 2007 Source: MediaPost - http://publications.mediapost.com/index.cfm?fuseaction=Articles.showArticle&art_aid=58893 2008 Paul Isakson
  • UTILITY 2008 Paul Isakson
  • UTILITY 2008 Paul Isakson
  • UTILITY 2008 Paul Isakson
  • HOW DO WE CREATE THIS KIND OF MARKETING? 2008 Paul Isakson
  • CREATING BETTER MARKETING We dont ask consumers what they want. They dont know. Instead we apply our brain power to what they need, and will want, then make sure were there, ready. Akio Morita Co-Founder Sony Corporation Source: Truth, Lies & Advertising / Jon Steel / page 189 (found via Meme Huffer- http://memehuffer.typepad.com/meme_huffer/2007/12/great-quotes-fo.html ) 2008 Paul Isakson
  • CREATING BETTER MARKETING It's really hard to design products by focus groups. A lot of times, people don't know what they want until you show it to them. Steve Jobs Co-Founder, Chairman & CEO Apple May 1998 Source: BusinessWeek - http://www.businessweek.com/1998/21/b3579165.htm 2008 Paul Isakson
  • UNCOVER RICH CONSUMER INSIGHTS 2008 Paul Isakson
  • OPPORTUNITY COMES FROM INSIGHTS Great work comes from insight, and we have always worked from insight. We have a vision of ourselves becoming the lead agency for the digital age. Insights are going to come in so many different ways. Wed like to pride ourselves on the ability to capitalize on them. Laura Lang CEO Digitas USA March 2008 Source: Advertising Age - http://adage.com/article?article_id=125670 2008 Paul Isakson
  • HOW DO WE UNCOVER THESE INSIGHTS? 2008 Paul Isakson
  • OBSERVE + LISTEN 2008 Paul Isakson
  • TRADITIONAL METHODS FOCUS GROUPS 1x1 INTERVIEWS ETHNOGRAPHIC STUDIES CULTURAL ANTHROPOLOGY SURVEYS USABILITY TESTING / LABS 2008 Paul Isakson
  • EMERGING METHODS 2008 Paul Isakson
  • DIGITAL ANTHROPOLOGY del.icio.us 2008 Paul Isakson
  • COLLABORATION 2008 Paul Isakson
  • COLLABORATION AGENCY CONSUMERS COMPANY INFORMATION & INPUT INSIGHTS & IDEAS INNOVATION & CONTENT BETTER BRANDS 2008 Paul Isakson
  • COLLAB