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BEST PRACTICE: Creativity. The unfair business advantage
1.
© Mason Zimbler
2014 QUANTITATIVE CREATIVE
2.
© Mason Zimbler
2014 WHY SHOULD WE CARE ABOUT CREATIVITY?
3.
© Mason Zimbler
2014 “Nothing is more efficient than creative advertising. Creative advertising is memorable, longer-lasting, works with less media spending and builds a fan community...faster.” - Stephan Vogel, Chief creative officer, ogilvy
4.
© Mason Zimbler
2014 MARKETERS LIKE SCIENTIFIC METHODS AS THEY APPEAR TO BE LESS ‘RISKY’. 100X MORE ANALYSIS & MARKETING VS. CREATIVITY & MARKETING. - HARVARD BUSINESS REVIEW
5.
© Mason Zimbler
2014 “we’re not just mad men, we’re maths men as well; and uniting those two things, I think is the critically important change.” - Martin sorrell, ceo, WPP group
6.
© Mason Zimbler
2014 IF A CUSTOMER FEELS AN EMOTIONAL CONNECTION TO A BRAND THEY ARE MORE LIKELY TO REMAIN LOYAL AND HAVE A HIGHER CUSTOMER LIFETIME VALUE (CLV). - BRAND KEYS LOYALTY ENGAGEMENT INDEX
7.
© Mason Zimbler
2014 “I get very frustrated with the ongoing debate about creativity and effectiveness, because I do not believe you can have one without the other.” - Jonathan Mildenhall, VP Global Advertising, The Coca-Cola Company
8.
© Mason Zimbler
2014 QUANTITATIVE CREATIVE
9.
© Mason Zimbler
2014 QUANTITATIVE CREATIVE
10.
© Mason Zimbler
2014 QUANTITATIVE CREATIVE
11.
© Mason Zimbler
2014 QUANTITATIVE CREATIVE
12.
© Mason Zimbler
2014 HOW TO START JUDGING CREATIVE EFFECTIVELY
13.
© Mason Zimbler
2014 QUANTITATIVE CREATIVE CREATIVE PROCESS
14.
© Mason Zimbler
2014 QUANTITATIVE CREATIVE THE CREATIVE DIMENSIONS
15.
© Mason Zimbler
2014 QUANTITATIVE CREATIVE THE CREATIVE DIMENSIONS ORIGINALITY IS THE WORK “OUT OF THE ORDINARY” FOR THE CATEGORY?
16.
© Mason Zimbler
2014 QUANTITATIVE CREATIVE THE CREATIVE DIMENSIONS FLEXIBILITY DOES THE IDEA MOVE FROM ONE SUBJECT TO ANOTHER?
17.
© Mason Zimbler
2014 QUANTITATIVE CREATIVE THE CREATIVE DIMENSIONS ELABORATION DOES THE WORK EXTEND BASIC IDEAS AND MAKE THEM MORE INTRICATE?
18.
© Mason Zimbler
2014 QUANTITATIVE CREATIVE THE CREATIVE DIMENSIONS SYNTHESIS DOES THE IDEA CONNECT OBJECTS THAT ARE USUALLY UNRELATED?
19.
© Mason Zimbler
2014 QUANTITATIVE CREATIVE THE CREATIVE DIMENSIONS ARTISTIC VALUE IS THE WORK VISUALLY OR VERBALLY DISTINCTIVE?
20.
© Mason Zimbler
2014 QUANTITATIVE CREATIVE CREATIVE DIMENSIONS The 5 dimensions of creativity are: - Originality – rare and unusual ideas - Flexibility – moves from one idea to another - Elaboration – extend basic ideas - Synthesis – combining normally unrelated objects - Artistic value – visually or verbally distinctive
21.
© Mason Zimbler
2014 QUANTITATIVE CREATIVE THE MOST EFFECTIVE DIMENSIONS? 1.00 SALESEFFECTIVENESS ORIGINALITY = 1.06 FLEXIBILITY = 1.03 ELABORATION = 1.32 SYNTHESIS = 0.45 ARTISTIC VALUE = 1.19
22.
© Mason Zimbler
2014 QUANTITATIVE CREATIVE EFFECTIVE COMBINATIONS? FLEXIBILITY + ARTISTIC VALUE RELATIVE EFFECTIVENESS = -99% USAGE = 8.7% ORIGINALITY + ELABORATION RELATIVE EFFECTIVENESS = 96% USAGE = 9.9%
23.
© Mason Zimbler
2014 THE CONSEQUENCES OF BEING CREATIVE
24.
© Mason Zimbler
2014 QUANTITATIVE CREATIVE LESS CREATIVE = LESS EFFICIENT
25.
© Mason Zimbler
2014 QUANTITATIVE CREATIVE THE EFFECTIVENESS SUCCESS RATE 75% 59% 88% 80% AWARDE D NON- AWARDED AWARDE D NON- AWARDED LOW ESOV SPEND <6% HIGH ESOV SPEND >6% CREATIVELY AWARDED CAMPAIGNS WERE SHOWN TO BE 10- 27% MORE EFFECTIVE * SOM = Share of Market ** ESOV = Extra Share of Voice Source: IPA, The Long and Short of it
26.
© Mason Zimbler
2014 QUANTITATIVE CREATIVE PLAN FOR QUANTITATIVE CREATIVE o A GOOD GROUNDING o GREAT COLLABORATION o TESTING VS. SUBJECTIVE OPINION o VALIDATION o EFFECTIVENESS o SUSTAINED PREFERENCE
27.
© Mason Zimbler
2014 QUANTITATIVE CREATIVE CONCLUSIONS - Doing something different isn’t the same as taking a risk - Change gleans predictable results - Quantitative Creative doesn’t have to mean big budgets - It’s not ‘either/or’, it’s ‘and & both’. Select the right combinations - Creativity is the only sustainable business differentiator - Be a disciplined dreamer
28.
© Mason Zimbler
2014 THANKS © Mason Zimbler Limited 2014. The contents of this presentation are protected by copyright which belongs to Mason Zimbler Ltd. It should not be copied nor disclosed to any third party without the prior permission of Mason Zimbler Limited, which permission may be withheld at Mason Zimbler's absolute discretion.
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