Category: marketing | 營銷 | 마케팅 | マーケティング

According to the AMA – Marketing is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large. This has contained a wide range of content as a section over the years including

  • Super Bowl advertising
  • Spanx
  • Content marketing
  • Fake product reviews on Amazon
  • Fear of finding out
  • Genesis the Korean luxury car brand
  • Guo chao – Chinese national pride
  • Harmony Korine’s creative work for 7-Eleven
  • Advertising legend Bill Bernbach
  • Japanese consumer insights
  • Chinese New Year adverts from China, Hong Kong, Malaysia and Singapore
  • Doughnutism
  • Consumer Electronics Show (CES)
  • Influencer promotions
  • A media diary
  • Luxe streetwear
  • Consumerology by marketing behaviour expert Phil Graves
  • Payola
  • Dettol’s back to work advertising campaign
  • Eat Your Greens edited by Wiemer Snijders
  • Dove #washtocare advertising campaign
  • The fallacy of generations such as gen-z
  • Cultural marketing with Stüssy
  • How Brands Grow Part 2 by Jenni Romaniuk and Byron Sharp
  • Facebook’s misleading ad metrics
  • The role of salience in advertising
  • SAS – What is truly Scandinavian? advertising campaign
  • Brand winter
  • Treasure hunt as defined by NPD is the process of consumers bargain hunting
  • Lovemarks
  • How Louis Vuitton has re-engineered its business to handle the modern luxury consumer’s needs and tastes
  • Korean TV shopping celebrity Choi Hyun woo
  • qCPM
  • Planning and communications
  • The Jeremy Renner store
  • Cashierless stores
  • BMW NEXTGen
  • Creativity in data event that I spoke at
  • Beauty marketing trends
  • Kraft Mothers Day marketing
  • RESIST – counter disinformation tool
  • Facebook pivots to WeChat’s business model
  • Smartphone launches
  • Marketers: you are not a goldfish and neither is anyone else

    I have grown tired of a ridiculous statistic being used so frequently that it becomes marketing truth. It’s regurgitated in articles, blog posts, social media and presentations. The problem with it is that affects the way marketers view the world and conduct both planning and strategy. The picture below is a goldfish, his name is Diego. If you’ve managed to read this you aren’t Diego.

    Diego

    I realise that sounds a little dramatic, but check out this piece by Mark Jackson, who leads the Hong Kong and Shenzhen offices of Racepoint Global. It’s a good piece on the different elements that represent a good story (predominantly within a PR setting). And it is right that attention in a fragmented media eco-system will be contested more fiercely. But it starts with:

    Over the course of the last 20 years, the average attention span has fallen to around eight seconds; a goldfish has an attention span of nine! The challenge for companies – established and new – is to figure out how to get even a small slice of that attention span when so many other companies are competing for it.

    Mark’s piece is just the latest of a long line of marketing ‘thought leadership’ pieces that repeat this as gospel. The problem is this ‘truth’ is bollocks.

    It fails the common sense test. Given that binge watching of shows like Game of Thrones or sports matches is commonplace, book sales are still happening, they would have to be balanced out with millisecond experiences for this 8-second value to make any sense as an average. The goldfish claim is like something out of a vintage Brass Eye episode.

    To quote DJ Neil ‘Doctor’ Fox:

    Now that is a scientific fact! There’s no real evidence for it; but it is scientific fact

    Let’s say your common sense gets the better of your desire for a pithy soundbite and you decide to delve into the goldfish claim a bit deeper.  If one took a little bit of time to Google around it would become apparent that the goldfish ‘fact’ is dubious. It originally came from research commissioned by Microsoft’s Advertising arm ‘How does digital affect Canadian attention spans?‘. The original link to the research now defaults to the home page of Microsoft Advertising. Once you start digging into it, the goldfish wasn’t actually part of the research, but was supporting desk research and thats when its provenance gets murky.

    PolicyViz in a 2016 blog post The Attention Span Statistic Fallacy called it out and provided links to the research that they did into the the goldfish ‘fact’ in 2016 – go over and check their article out. The BBC did similar detective work a year later and even went and asked an expert:

    “I don’t think that’s true at all,” says Dr Gemma Briggs, a psychology lecturer at the Open University.

    “Simply because I don’t think that that’s something that psychologists or people interested in attention would try and measure and quantify in that way.”

    She studies attention in drivers and witnesses to crime and says the idea of an “average attention span” is pretty meaningless. “It’s very much task-dependent. How much attention we apply to a task will vary depending on what the task demand is.”

    There are some studies out there that look at specific tasks, like listening to a lecture.

    But the idea that there’s a typical length of time for which people can pay attention to even that one task has also been debunked.

    “How we apply our attention to different tasks depends very much about what the individual brings to that situation,” explains Dr Briggs.

    “We’ve got a wealth of information in our heads about what normally happens in given situations, what we can expect. And those expectations and our experience directly mould what we see and how we process information in any given time.”

    But don’t feel too bad, publications like Time and the Daily Telegraph were punked by this story back in 2015. The BBC use the ‘fact’ back in 2002, but don’t cite the source.  Fake news doesn’t just win elections, it also makes a fool of marketers.

    This whole thing feels like some marketer (or PR) did as poor a job as many journalists in terms of sourcing claims and this ‘truth’ gradually became reinforcing. Let’s start taking the goldfish out of marketing.

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  • Planable + more news

    Planable

    Planable – Planable is an interesting social preview and scheduling tool, particularly for clients in highly regulated sectors such as pharma clients. I use Buffer rather than Planable

    China

    As many stats as you could possibly want if you have a passing interest in the Chinese internet ecosystem

    Consumer behaviour

    Chinese Prefer the Sound of Silence When Getting Messages From Mom – WSJ – While users take nine seconds on average to read 100 characters, they need 22 seconds to listen to the same 100 characters, excluding pauses, says Liu Xingliang, head of research at Beijing-based analytics firm Data Center of the China Internet. (Paywall)

    Economics

    The Fundamental Surplus by Lars Ljungqvist & Thomas J. Sargent – on why unemployment is hard to fix and why Phillips curves are BS (PDF)

    Luxury

    LVMH Buys Into South Korean Eyewear Brand, Gentle Monster — The Fashion Lawmedia speculation suggests that it could be worth about 60 billion won ($53.17 million). Per Thakran, the investment will serve to kick-start a strategy to grow the company into a billion-dollar business over the next six to eight years, up from the nearly $200 million it does now. “I believe that across Asia there are only about six to eight brands that can achieve this level of notoriety, with a unique image, that’s differentiated among lifestyle brands,”

    Marketing

    Asian unit of Bell Pottinger separates from London parent | FT“This has been a difficult time for everyone — especially as so many good, talented and honest people have been caught up in it,” said Mr Turvey. “But I am pleased our offices in Asia now have control of their own destiny.” (paywall)

    Nike is still the king of the sneaker industry, but even great empires can fall | Quartz – much of Nike’s problems are down to poor brand management and over exploitation of assets – just look at all the Air Jordan colour ways that pass through tier zero retailers

    Media

    Facebook is (quietly) looking for an office in Shanghai | Timeout Shanghai – Facebook already sells a substantial amount of advertising to Chinese businesses looking to advertise abroad. Air China is already a marque customer for Facebook and there is a lot of direct e-commerce going on for gadgets and fast fashion

    Online

    Russia’s Facebook Fake News Could Have Reached 70 Million Americans  – $100,000 on Facebook can go a surprisingly long way, if it’s used right. On average, Facebook ads run about $6 for 1,000 impressions. By that number, the Kremlin’s $100,000 buy would get its ads seen nearly 17 million times.
    But that average hides a lot of complexity, and the actual rate can range from $1 to $100 for 1,000 impressions on an ad with pinpoint targeting. Virality matters too. Ads that get more shares, likes, and comments are far cheaper than boring ads that nobody likes, and ads that send users to Facebook posts instead of third-party websites enjoy an additional price break

    There’s something wrong with video advertising and it’s hidden in plain site  – AdNews – too many trackers degrading ad player performance and viewability

    Seniors Realize Their Travel Dreams in This Intel Virtual Reality Project – Video – Creativity Online – it reminded me a bit of Total Recall

    Advertisers bullish over ad budget | Shanghai Daily – bullish on Chinese media market prospects

    City’s telecoms operators look to new iPhone to kick-start handset sales, in long absence of ‘hero’ model | SCMP – is the lack of a hero model an indication of category design maturity?

    Technology

    Feel old? 1990 Sony Trinitron TV now considered ‘historical material’ in Japan | SCMP – it was a thing of beauty, my current TV set still doesn’t do blacks with the same inky depth as my old Trinitron set. Trinitron is also an emblem of how low Japanese consumer electronics have fallen from its pre-Internet highpoint

    Daring Fireball: Samsung’s OLED Display Monopoly – bang goes the market

    Wireless

    Apple Beats Samsung in Smartphone Sales in China and More Importantly in Repeat Sales by a Staggering Margin – Patently Apple – the problem you’ve got is the data, it can’t be trusted

  • Voyager + other things

    Voyager

    Voyager probe – NASA’s Jet Propulsion Laboratory launched some really cool posters to celebrate 40 years of the Voyager programme. You can download them here.

    The Voyager programme consisted of two probes that were launched in 1977. The original launch time was designed to take an advantage of an alignment of Jupiter and Saturn that would allow a fly by so that scientists could learn more about them. During the Voyager journeys the have revealed previously unknown details about  planets and their moves. We found out about Jupiter’s complex weather system and the complexity of Saturn’s rings. More related content here.

    voyager_modern_poster_27x39

    Skeletor

    Moneysupermarket nail it with this advert, I wonder if its any coincidence that Dirty Dancing has just arrived on Amazon Prime this month?

    MoneySuperMarket – Dirty Dancing from Blink on Vimeo.

    Acid Test

    Who knew. Red Hot Chilli Pepper makes acid tracks, some of it is pretty darned good. Back in the late 1990s, you had a surprising group of bands who dipped their toe in the water, either through their choice of producer or pseudonyms like Acid Test. Tears for Fears had Johnny Panic and the Bible of Dreams that was released as a white label without their name on it with a remix by Fluke. The Cult experimented with techno remixes of She Sells Sanctuary.

    Banjo covers

    Slipknot covered on banjos with a great video. The acoustic instrument works surprisingly well for Slipknot and the down-home gothic vibe is very in keeping with them.

    Don Dayglow

    I’d been listening to the sounds of Don Dayglow aka Adam Hignell who specialises in post-disco remixes similar to Luxury but with a little more funk in the mix. Hignell has only released his recordings on digital formats so far. When he isn’t doing Don Dayglow project he works as a sound engineer. More on Don Dayglow at Discogs

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  • Amazon advertising + other news

    Amazon advertising

    This Amazon advertising pitch deck is interesting for a number of reasons

    They claim that Amazon advertising data taps into consumer purchase behaviour both on and off Amazon – that would be of interest to anti-trust regulators

    Otherwise the Amazon advertising seems to have both Facebook and Google advertising offerings squarely in its sights. This will be attractive for many brands that are looking at having a DTC route to market over the coming years.

    Ethics

    Criticize Google, get fired: Spotlight spins on ad giant’s use of soft money • The Register – not terribly surprising

    Gadget

    iPhone 8 Purchase Intent could only be hindered by Price – Tech.pinions – research is limited by methodology

    People aren’t that excited for iPhone 8, Piper Jaffray says | CNBC – it makes sense, smartphones are a mature device now, the form factor is set (not sure this a good thing), the app market has peaked and the hardware commoditised. You’d buy a new iPhone when your old one is no longer fit for purpose

    How Useful Is the Touch Bar on the MacBook Pro? |Makeuseof – no basically

    Security

    How the NSA identified Satoshi Nakamoto – Alexander Muse – Medium – best argument for Grammarly ever

    Internet censorship in China: new rules aim to prevent anyone who hasn’t provided their real identity from commenting online — Quartz – not surprising as the country had been moving towards real ID for a good while

    Wireless

    TalkTalk looks to hang up on its mobile business | FT – what does this mean in the broader landscape of telecoms triple play businesses? BT invested a lot buying EE and building up their media properties, Virgin Media still have a triple play offering and Sky has built up both broadband and an MVNO (paywall)

    Smartphone prices to rise by 7% this year | total telecom – interesting development in higher end of the market

  • The Bell Pottinger Post

    PR firm Bell Pottinger has got entangled in a mess of the South African government and the Gupta family.  More people have written about this in depth, so I will just link to them at the bottom of the post.

    Here’s some thoughts on it all

    There but for the grace of God go I – must have reverberated through the minds of at least some corporate communications and public affairs professionals. There is a tension between finding clients that have needs and are willing to pay for high-powered counsel versus the risk that the world may come down on you.

    That’s the risk you take when you work with businesses that are involved in sensitive areas or at the edge of the law:

    • Businesses looking down the barrel of antitrust regulation like Google or Qualcomm
    • Businesses involved in the ‘carbon economy’ – Edelman had previously worked for coal producers and fracking projects until they came under sustained attack
    • Big food and big agri: McDonalds, PepsiCo, Coca-Cola are all targets. Monsanto has been of concern due to GM crops
    • Mining
    • Multinationals doing business in sensitive countries like Myanmar
    • Defence
    • Questionable regimes: Ketchum’s work with Russia is the stand out example or H+K Strategies arrangement of the deceptive ‘Nayirah’ testimony which played a big part in getting the US government behind the first Gulf War

    Your business is at the mercy of pressure groups and the wider media agenda.

    But that’s also the reason why I think that Bell Pottinger can survive IF they can hunker down and weather the storm. There will always be a demand for organisations and individuals who want to launder their reputation or argue the unpopular side of an argument.

    Even if PR agencies aren’t doing it, organisations that sit at the nexus of business and security will likely step into the breach bringing the necessary PR skills on board.

    As a PR person, is it the kind of work I would like to do? No, but then I am a brand marketer; corporate communications was something I could do, but didn’t particularly enjoy doing.  I could see the attraction of the work as it would be financially very lucrative and there would be the opportunity for business travel and ‘war stories’ from the office to talk about at dinner parties.

    It’s magical thinking if you expect ‘unethical’ clients to suddenly be denied representation. This will be even more the case as the US multilateral world view is challenged by China’s more transactional approach. We’re currently living in a golden age for NGOs and NFPs – it would be unrealistic to think that it will continue this way.

    In the grand scheme of things, the PRCA censure won’t mean that much, its a bigger move for the UK PR industry; showing that it can muck out its own stables. From Bell Pottinger’s longer term perspective it won’t mean much because of the divided nature of PR industry representation. As individuals PRs can sign up to be members of the CIPR (Chartered Institute of Public Relations).  The PRCA primarily represents agencies (although it has started to offer individual consultant accreditation). The key benefit is an ISO-9000 type accreditation for agency management systems. It wouldn’t be that hard for a member agency to set-up and get ISO-9000 accreditation and maintain it.  If there are enough practitioners working at Bell Pottinger, they can highlight their staffs professional status as members of the CIPR.

    That Tim Bell interview: if you haven’t seen it, have a good watch. I can see this being used in broadcast media training for a good while. It’s the first time I’d ever seen Sir Tim in anything more casual than formal business wear.

    His mannerisms are odd in places, particularly at the beginning.  His answers are odd. For example, when asked what went wrong he quoted Sir Walter Scott, which made him look literate but arrogant. Given that he went on there for a reason, presumably to put as much distance between himself and the mess – it was an ideal opportunity to land his side of the story in a précis.

    His phone rings, he declines the call and then shows the interviewer his phone screen. Why din’t he mute his phone or shut it down at this point and why did he want the journalist to see who had called? He then gets a message on his phone and a second call. Only on the second ring does he finally silences the phone.

    Chris Geoghegan is the non-executive director of a number of prominent UK companies, an ex-BAE Systems executive and the father of Victoria Geoghegan. Whilst he wouldn’t be best pleased with the current situation, Bell doxes him on the UK’s most prominent news programme. Geoghegan had been mentioned in an op-ed of a South African publication, but had been largely ignored in most of the press coverage surrounding the Bell Pottinger scandal. Whilst it won’t be anything new to a board doing their due diligence it might drive sniggering down the country club. Bell didn’t need to volunteer the information, he chose to do so.

    The smoking gun emails – after Henderson had resigned as CEO of Bell Pottinger, the BBC interviewer questions Bell about two (presumably new) emails that seems to be at odds with his own claim that he recommended they not take the work as Bell Pottinger had a client conflict.  You can see this after 1:15.

    For a piece of business that’s a conflict of interest,  the January correspondence is a very odd email. I can understand him saying that the meeting was successful. But then he goes on to talk about the revenue opportunity and how he will personally oversee the project.

    By April why would Lord Bell be still offering advice on the account if he believed it to be a conflict of interest? His excuse for this was getting back into business after having a stroke.

    Bell puts the blame squarely at the door of James Henderson. UK media coverage implied that the schism between Bell and Henderson went beyond the Gupta business. So Bell might have a bigger axe to grind and Guptagate is just a handy vehicle.

    Lord Bell then talks down the future prospects of Bell Pottinger, it might be an overly pessimistic view. Bell has a new rival business, its in his interest to make Bell Pottinger’s problems even worse.

    Whilst Bell Pottinger have problems in their London office, they have successful branches in Hong Kong and Singapore where this won’t matter as much IF (and its a big IF) they can hunker down and weather the current storm. The business could retrench, rebrand and survive.

    The Guptas needed to be introduced to a good PR agency, after this every dictator, unpopular mega corporation and shady mogul will know where to go. If Bell Pottinger is no longer about, then there are any number of large corporate agencies or boutiques who will take their business.

    More information
    Ketchum (Sort of, Not Really) Ends Its Relationship with Vladimir Putin | AdWeek
    Deception on Capitol Hill – New York Times
    Edelman and Media Zoo PR targeted by anti-fracking protestors | PR Week
    Guptagate: Who Are The Family At The Center Of South Africa’s Political Storm? | Newsweek
    Op-Ed: The Invasion of the Body Snatchers – a weekend edition | Daily Maverick
    Christopher Vincent Geoghegan BA (Hons), FRAES | Bloomberg Research.
    How China Aims to Limit the West’s Global Influence – NYTimes.com
    PR industry reads last rites for scandal-hit Bell Pottinger | FT
    Battle of the spin doctors: Bell Pottinger PR titan quits over race hate dirty tricks campaign despite saying it wasn’t his fault | Mail Online