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What can marketing learn from

                                                        VANILLA ICE
                                                 closer customer connections in
                                                                changing times




                                                                      Peter Harris
                                                                      Managing Director
                                                                      Vision Critical
http://www.flickr.com/photos/eboman/395968846/
Peter Harris
 Managing Director @ Vision Critical
   AUDITOR marketing RESEARCH
Family man AMSRS aussie NEW MEDIA
 building relationships ASHES TRAGIC
“Stop, Collaborate and Listen” – Vanilla Ice
Stop.   Collaborate.   Listen.
Past
Today
Some inconvenient truths

 “In most categories a brand’s market share is stationary”
 4 out of 5 categories seen as increasingly homogeneous
 3x $ spent on discounting as ‘brand building’ in fmcg
 0.5% average click-thru rate for banners
 Less than 1 in 10 ads seen as different
 4% response rate successful in DM




Sources: Andrew Ehrenberg; Copernicus Consulting; McKinsey
Brands that engage in social media are winning


        Brands fall into one of four
        engagement profiles….                                                         Mavens have experienced better
                                                                                      revenue growth (last 12 mths)




Source: The world’s most valuable brands. Who’s most engaged? Ranking the Top 100 Global Brands Report, prepared by Altimeter and Wetpaint
Continuous listening
brands must go beyond broadcast
and become “facilitators”
How can we get a better ROI? (Return on insight)
Stop.   Collaborate.   Listen.
collaborate
Invite them in. Treat them as collaborators. Harness their
collective intelligence. Give them a role in helping the brand
succeed and a chance to become visible to their community.
collaborate
If what we’re doing is right,
and if we give them the tools,
young people will do the marketing and
organising for us
(and be better at it than we are)
http://au.youtube.com/watch?v=Y0SOXW_K56w
•   70,000 ideas in first year
•   Free coffee for Gold Card members on their birthday
•   Starbucks VIP card
•   Buy coffee beans, get a free cup of coffee
• Get (free) help, advice & support in planning kitchens, offices, wardrobes eetc..
• Employee and fan community - 100,000+ members, 4 yrs old
• Community donations + ad revenue funding model
• Reward participation with Ikea gift cards
Results
Why they will collaborate?


                                              connect




                    useful

                                                educate


     entertain
Source: PHD
Stop.   Collaborate.   Listen.
Listen




Talk with customers in context. Listen to their
ideas before they get skewed. Uncover issues,
focusing on how people feel.
“In the old days, brands wanted everybody to pay
 attention to them. Now brands need to pay attention to
 everybody else.”
-Anonymous
listen
“
We’ve been voted the best marketer of the 20th
century. But that’s because we were the biggest
shouters. In the 21st century, we want to be the best
listeners.


- Greg Icenhower, P&G, director
of corporate communications
Social Media Monitoring Tools
Social Media Buzz Monitoring
1. Free Alert Systems




2.   Paid Analysis Dashboard



3.   Full Service Insights Partners
Online Customer Community
• Continuous connection to your customers
• 300–500 invitation-only members in a room

                                              Discussion    Journals


                                              Quick Polls   Mystery shopping


                                              Online chat   Scrapbook


                                              Brainstorm    Immersion


                                              Use photos    Twitter


                                              Video         Off-line events


                                              Survey
‘Listening is the new marketing’, Chris Brogan
7 Secrets of Vanilla Ice Marketing
1. Make your own game




• Stand out
• Don’t play by other people’s rules
2. Build a Posse




• Make friends / connect
• Insiders advantage / outsiders can’t buy influence
• Create a big F’n network
3. Spin off




• The Archimedes Effect / Leverage
• Build off previous success
4. Throw Awesome Parties




• Be a great party host
• Invite them to participate and mash their own content
• Connect , network and help build relationships
• Provide opportunities to participate
• Don’t force the conversations but help it along
• Share instead of hoard
• Put on & play a constructive role in offline events
• Add value to the community experience
• Capture content and 3rd party perspectives on your community topic
• Pay your dues - consistency and authenticity
• Be open to criticism and admit when you are wrong
• Have a higher purpose
Peter.harris@visioncritical.com
twitter.com/peteraharris

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What Can Marketing Learn from Vanilla Ice

  • 1. What can marketing learn from VANILLA ICE closer customer connections in changing times Peter Harris Managing Director Vision Critical http://www.flickr.com/photos/eboman/395968846/
  • 2. Peter Harris Managing Director @ Vision Critical AUDITOR marketing RESEARCH Family man AMSRS aussie NEW MEDIA building relationships ASHES TRAGIC
  • 3. “Stop, Collaborate and Listen” – Vanilla Ice
  • 4. Stop. Collaborate. Listen.
  • 6.
  • 7.
  • 9. Some inconvenient truths “In most categories a brand’s market share is stationary” 4 out of 5 categories seen as increasingly homogeneous 3x $ spent on discounting as ‘brand building’ in fmcg 0.5% average click-thru rate for banners Less than 1 in 10 ads seen as different 4% response rate successful in DM Sources: Andrew Ehrenberg; Copernicus Consulting; McKinsey
  • 10. Brands that engage in social media are winning Brands fall into one of four engagement profiles…. Mavens have experienced better revenue growth (last 12 mths) Source: The world’s most valuable brands. Who’s most engaged? Ranking the Top 100 Global Brands Report, prepared by Altimeter and Wetpaint
  • 11.
  • 13. brands must go beyond broadcast
  • 15.
  • 16. How can we get a better ROI? (Return on insight)
  • 17. Stop. Collaborate. Listen.
  • 18. collaborate Invite them in. Treat them as collaborators. Harness their collective intelligence. Give them a role in helping the brand succeed and a chance to become visible to their community.
  • 19.
  • 21.
  • 22. If what we’re doing is right, and if we give them the tools, young people will do the marketing and organising for us (and be better at it than we are)
  • 24. 70,000 ideas in first year • Free coffee for Gold Card members on their birthday • Starbucks VIP card • Buy coffee beans, get a free cup of coffee
  • 25. • Get (free) help, advice & support in planning kitchens, offices, wardrobes eetc.. • Employee and fan community - 100,000+ members, 4 yrs old • Community donations + ad revenue funding model • Reward participation with Ikea gift cards
  • 27. Why they will collaborate? connect useful educate entertain Source: PHD
  • 28. Stop. Collaborate. Listen.
  • 29. Listen Talk with customers in context. Listen to their ideas before they get skewed. Uncover issues, focusing on how people feel.
  • 30. “In the old days, brands wanted everybody to pay attention to them. Now brands need to pay attention to everybody else.” -Anonymous
  • 32. “ We’ve been voted the best marketer of the 20th century. But that’s because we were the biggest shouters. In the 21st century, we want to be the best listeners. - Greg Icenhower, P&G, director of corporate communications
  • 33. Social Media Monitoring Tools Social Media Buzz Monitoring 1. Free Alert Systems 2. Paid Analysis Dashboard 3. Full Service Insights Partners
  • 34. Online Customer Community • Continuous connection to your customers • 300–500 invitation-only members in a room Discussion Journals Quick Polls Mystery shopping Online chat Scrapbook Brainstorm Immersion Use photos Twitter Video Off-line events Survey
  • 35. ‘Listening is the new marketing’, Chris Brogan
  • 36. 7 Secrets of Vanilla Ice Marketing
  • 37. 1. Make your own game • Stand out • Don’t play by other people’s rules
  • 38. 2. Build a Posse • Make friends / connect • Insiders advantage / outsiders can’t buy influence • Create a big F’n network
  • 39. 3. Spin off • The Archimedes Effect / Leverage • Build off previous success
  • 40. 4. Throw Awesome Parties • Be a great party host • Invite them to participate and mash their own content • Connect , network and help build relationships
  • 41. • Provide opportunities to participate • Don’t force the conversations but help it along • Share instead of hoard
  • 42. • Put on & play a constructive role in offline events • Add value to the community experience • Capture content and 3rd party perspectives on your community topic
  • 43. • Pay your dues - consistency and authenticity • Be open to criticism and admit when you are wrong • Have a higher purpose
  • 44.
  • 45.