The document discusses how traditional marketing is dead and the future is about personalized communication and customer engagement. It provides examples of how Beyoncé dropped her album without traditional marketing. Traditional marketing approaches like advertising are no longer effective given that buyers ignore them and CEOs are frustrated by a lack of measurable results. The future is about community marketing, maintaining consistent messaging online, connecting all communications, and keeping conversations ongoing with customers through engagement.
3. About you
• You’re the future communication professionals and leaders of tomorrow.
• My goal is to share with you that broadcast is behind us and the future is all
about personalized communication.
6. Beyoncé's album proved marketing is dead
According to CNBC -- Some say
Beyoncé's surprise move, releasing
her latest self-titled album on Apple's
iTunes, with no hype or advance
notice, was brilliant.
7. Traditional marketing (according to HBR)
• …advertising, public relations, branding and corporate communications — are dead. Many
people in traditional marketing roles and organizations may not realize they’re operating
within a dead paradigm. But they are. The evidence is clear.
• Evidence
• 1) Buyers are no longer paying attention. (What do people use: internet & word of mouth)
• 2) CEOs lost patience. In 2011 study, 600 CEOS and decisions makers, by the London-Based Fornaise
Marketing group, 73% said CMOs lack business credibility, 72% are tired of being asked for money
without explaining how it will generate increased business, and 77% have had it with all the talk about
brand equity.
• 3) In today’s increasingly social media-infused environment, traditional marketing and sales not only do
not work well, these strategies also don’t make sense.
10. The top issues CEOs have with their marketers:
1) Marketers keep talking about brand, brand values, brand equity that don’t link back to revenue, sales, EBIT,
even marketing valuation. (77%)
2) They focus on the new marketing trends, like social media, but rarely are able to demonstrate results or
trends. (74%)
3) When asked to increase ROI, they tend to think about cost cutting rather than growth of top-line. (73%)
4) They are always asking for money, but can’t show incremental new business. (70%)
5) They bombard their stakeholders with marketing data that hardly relates to or means anything for the
company’s P&L.
6) Unlike a CFO, they focus on the arty/fluffy side of marketing and not enough on the science/data points.
(Fournaise – Press release June 15, 2011.)
11. What are all those numbers again?
• 1,518 exposures per day for a family of four (Ebel; 1957)
• 76 noticed exposures (Bauer/Greyser; 1964)
• 560 whether noticed or not (Adams; 1965)
• 285 for men, 305 for women (BBDO’s Wachsler; 1970)
• 117 to 285 for men, 161 to 484 for women (Britt et al; 1972)
• 600-625 potential exposures (whether noticed or not); 272 are from TV, radio, magazines,
and newspapers (Media Matters, 2007)
• 3,000 exposures a day ( NY Times, 2013)
13. 1) Community marketing or engagement marketing!
• Get your existing customers involved. Hence, the community focus.
• Find your customer influencers. Give them reasons to expand your brand.
• Find your customer influencers. Give them resources they need and keep them in the loop.
• Help them build social capital. (MVPs or Customer Champions, RockStars)
• Finally, a really good example is Microsoft.
• One of Microsoft’s “MVP” (Most Valuable Professional) customers is known as Mr. Excel to his followers. On some days, his
website gets more visits than Microsoft’s Excel page — representing an audience of obvious importance to Microsoft, which
supports Mr. Excel’s efforts with “insider knowledge” and previews of new releases. In return, Mr. Excel and other MVPs like him
are helping Microsoft penetrate new markets affordably.
• Get your customer advocates involved in the solution you provide.
15. 3) Unifying the platform
Marketers must shift from campaign planning to connected planning. A unifying
platform is the catalyst to connected communications planning. This unifying
platform must:
• Connect with customers through an emotional action. For example,
Coca-Cola’s “Open Happiness” goes beyond category benefit of
refreshment to the higher order emotional benefit of joy.
• Communicate the connected story across the best channels. Each
channel should tell a different part of the brand story.
• Define contextual connection. Align messaging strategies based on
where customers are on the buying journey, the platform they are on, and
the device they are using.
18. Dream…
“Management is also dead. To win today you need a culture and an environment where the
unreasonable power of creativity thrives. Ideas are today’s currency, not strategy. Martin Luther King
did not say ‘I have a vision statement’ did he? He had a dream. You have to make sure you have
dreams and your brand also needs a dream.”
Editor's Notes
Organizations worldwide are undergoing a change in customer experience. Marketing
is dead and communication is the new way of the future. With an ever increasing number
of touch points, companies face a huge challenge managing communication flows over multiple
channels and touch points. The organizations that thrive will be those who engage continuously,
personally and in near real-time. + Q&A
It's less of a red herring and much more of a chicken to make the claim that marketing is dead. In fact, if you ask, advertising (as we have known it to date) is not dying. It's not on life-support, it's not sick, and it probably doesn't even have the sniffles. Does that mean that social media and digital media have not disrupted the model or added new layers and opportunities? Of course it has. Does it mean that newer components like community management, engaging influencers, building social capital with customers, and engaging with consumers in more collaborative ways hasn't changed the game? Of course it has. So, let’s dive in and see who else thinks marketing is dead.
Saatchi & Saatchi is an American global communications and advertising agency network with 140 offices in 76 countries with over 6,500 staff. It was founded in London in 1970 but is now headquartered in New York.
This is due to the millennial-inspired participation economy….it has to be conversation in order to be heard and it has to involve influencers. You can buy followers, you can by promoted tweets, but you can’t influence the influencers unless you strike the right message with the approach. Then things will go on fire. It’s all about relationships, personalization, and engagement.
Marketing is reverting back to what it was in the 1960s — relationship marketing. Artists, authors, Fortune 500s, entrepreneurs, and everyone in between is learning that social media and online marketing can only get you so far. Building great relationships with your customers (or fans) is the single greatest form of marketing you can do. Beyoncé's new album isn't successful because she kept it a secret and dropped it out of thin air. It's successful because she has a huge fan base, has poured her life into her brand, and is an incredibly-talented human being.
We are going to dive in a bit deeper into the CEO metrics….
Marketing used to involve a company deciding what they wanted to brainwash their potential buyers with, and then programming that message into advertisements they would force feed to people because they had no choice. Now, the consumer is in control. Consumers have more and more technologies like DVRs, caller ID, and spam blockers that enable them to avoid unwanted advertising and messages. This means that, in order to get their attention, you have to earn their permission. As a result, your marketing needs to be about them, not you -- at least until they trust you enough to want to know more about you and your products. If your campaigns are about what your company wants to tell people, then you’re doing inbound marketing backwards.
That’s a loaded question because people who should know better have been quoting guestimates for the last 15 years, including the one from Yankelvich Research (later quoted by the NY Times), that range from 3,000 to 20,000. Those higher numbers include every time you pass by a label in a grocery store, all the ads in your mailbox whether you see them or not, the label on everything you wear, etc
One of the sanest studies I came across said we see 247 images per day and we probably don’t notice half of them even though we’ve been exposed. The fact that you and the message are in reasonable proximity doesn’t mean you saw it. Our brains can’t truly process that many messages. We can’t notice, absorb, or even judge the personal merit of 3,000 visual attacks a day.
Charles F. Adams, working with the Bauer and Greyser data in 1965, emphasized that of the 76 advertisements a day of which a person might be aware, only 12 made any kind of impression on him, and three of those impressions were negative.
If “exposure” means you could have paid attention . . . Adams estimated that the average American—reading one and a half newspapers, half a magazine and one piece of direct mail, and listening to 2.3 hours of radio and watching 3.8 hours of TV—would be exposed to a minimum of 560 advertisements in a 16-hour period.
Traditionally, ads would last as long as you paid for them to be aired on TV or printed in a newspaper or magazine. Now, people can read your blog posts from 2006 and watch your music videos from 2007. So what exactly does this mean? Well, it means that you might not want to use an animated lizard in a campaign for six months, and then use a spotted dog in some ads for the next three months ... and then use a talking baby in some ads for the next four months. Consistency and commitment to your brand, message, and voice is increasingly important when all the content you've ever created is completely accessible to anyone at any time. If you're all about the talking babies campaign now but what pops up for people on Google is lizard videos, are you really promoting the campaign you think you are?
In the old world of marketing, you could run a campaign of ads that promoted your product, and then you could turn off all of your marketing for a while. You could stop and start on a whim. Today, once you start engaging with people, they expect you to be there in the future. And, when you do engagement marketing right, you become a publisher or a media company for your industry. Imagine if you started publishing a business blog, or engaging with potential customers on Facebook, and then one day you just stopped showing up? In today’s connected world, that would be akin to a TV network going off the air one day just because they got lazy. Sure, you can do it -- but it is not a great idea. People expect responses when they contact you on your website or blog or in social media, and when they subscribe to something you publish, they expect to get regular updates on a daily, weekly, or monthly basis -- whatever you promised them. Joseph Jaffe is right. "Marketing is a commitment."
Traditional marketing may be dead, but the new possibilities of peer influence-based, community-oriented marketing, hold much greater promise for creating sustained growth through authentic customer relationships.
This is where customer engagement and communication platform will help you cut through the clutter and get personal with your clients regardless of your status as a non-profit or for profit organization. Let’s get the movement marketing started and flow the right information to your prospects and customers.