Ged Carroll

Category: fmcg | 雜貨業務 | 소비재 | 食料品事業

FMCG or fast moving consumer goods sprang out of the mass industrialisation. Brands sprang up originally as a guarantee of quality. Later on as these brands needed to be promoted, we saw the foundation of the what we think of as modern marketing and advertising.

Today media and entertainment takes up an increasing amount of the household spend, as does housing, but FMCGs are a crucial part of their essential and disposable income spend.

They have nostalgia wrapped up in them, distinctive aromas, taste and packaging designs. From the smell of my Granny using so much Pledge on the TV that I was surprised it didn’t burst into flame to the taste of Cidona and texture of Boland’s Fig Roll biscuits in my mouth.

The sound of their advertising jingles was the soundtrack of my childhood. Digital advertising is largely rationale, it lacks the fluent devices that provide the centre to advertising and made FMCG advertising iconic. Fluent devices like the Peperami ‘Animal’, the M&M characters or the Cadbury Smash robots were embedded in deep marketing research. FMCG brands still sponsor the best research in marketing science.

I had the good fortune to work inhouse at Unilever and agency-side for their brands. I also managed to work on Coca-Cola and Colgate during my time in Hong Kong.

  • RSS dead nonsense + more

    RSS dead nonsense

    Is RSS Dead? A Look At The Numbers | MakeUseOf – interesting stats on RSS – a very-much alive format. RSS dead is nonsense, I use it everyday. It is invisible plumbing. Reports of RSS dead is due to the demise of Google Reader. I can’t recommend RSS reader Newsblur enough. More related content here

    Business

    Adidas Group Forecasts 15 Percent Annual EPS Growth Through 2020 | Team Business – interesting definition of open source

    China

    China Focus: Top political advisor highlights CPC leadership, “Four Comprehensives” | Xinhua – comprehensively building a moderately prosperous society, deepening reform, advancing the rule of law and strictly governing the Party

    Culture

    ‘We Came to Sweat’ Tells the Story of New York City’s Oldest Black-Owned Gay Club | VICE – interesting artefact of club culture

    Economics

    Chinas slowdown has suddenly become a “fiscal shock” | Quartz – interesting economic data, the property price change doesn’t surprise me, Chinas slowdown is likely to be temporary

    FMCG

    Kraft and Heinz Merger a Cost Cutting Story | Euromonitor International – cost cutting could also be from a marketing perspective

    Innovation

    Venture investor Bill Gurley predicts startup failure – Fortune – we may not be in a tech bubble, the venture capitalist said, but we’re in a risk bubble

    Luxury

    “Dressing down” is only a status symbol for the elite – Quartz – flagged up by our Becky

    Online

    Facebook Unveils Immersive 360-Degree Video for News Feeds | WIRED – interesting moves to come up with immersive (non game) content

    Philippines

    Homegrown smartphone brand beats Samsung in the Philippines | Techinasia – part of a wider story about how Samsung is getting rolled back out of high growth markets in smartphones

    Security

    Ex-NSA director: China has hacked ‘every major corporation’ in U.S. – CNN Money – strident allegations, I wouldn’t be surprised if the 5Is have also done the same thing

    Software

    Messaging Apps Offer Do-It-All Services in Bid for Higher Profits – NYTimes.com – interesting article on how WeChat and LINE are blazing the trail for western OTT messaging platforms in terms of innovation and business models (paywall)

    WeChat is how content goes viral in China | Resonance China – from a marketing perspective this confirms the decline in Weibo as a platform. It also provides challenges due to the lack of visibility for brands in comparison to Weibo

    What’s missing from this 13-year-old girl’s iPhone home screen? – Quartz – interesting but not necessarily scientific. It does make me wonder why color coding doesn’t happen in app groupings UI specs

    Technology

    No, Really, the PC Is Dying and It’s Not Coming Back | WIRED – dramatic title, 5 per cent drop in PC sales numbers. It ignores the role of the personal computer as a business workhorse and as a creative tool

  • Rooster sauce & things that made my day this week

    David Tran, the founder and CEO of Huy Fong Foods, on how Rooster sauce came about

    David Tran is a Vietnamese man of Chinese ethnic origin. Sriracha sauce actually has its origins in Thai cooking where is also called man phrik. The Vietnamese use it as a condiment for pho and fried Noodles. Huy Fong Foods is named after the Taiwanese owned freighter that got Mr Tran out of Vietnam in 1979. It is called Rooster sauce because of the rooster on the bottle. The rooster is on the bottle because Mr Tran was born in the year of the rooster. 

    Venture capital firm Andreessen Horowitz | 16 Things looks at the trends shaping the companies that they invest in.

    Rendering fractals using CSS3 and HTML (without the help of JavaScript) | Snowflake – they had me at fractal.

    DLD15 – The Four Horsemen: Amazon/Apple/Facebook & Google–Who Wins/Loses (Scott Galloway) – his delivery is almost like freestyle rap. Galloway highlights real concerns about the business models of Amazon, Facebook and Google; which are destroying wider economic value.

    Amazon has decimated whole industry sectors: retail and retail real estate. It has tried to disrupt publishing and media production. Galloway’s book The Four is less engaging than his keynote delivery. More on The Four here. 

    To support the launch of the film Doraemon: Stand By Me in Hong Kong, a mobile merchandise shop was created that paid homage to the robot cat.

    Hong Kong like other Asian markets (Japan, Korea, Thailand) is a huge market for cute character franchise merchandise.

  • Yoshiharu Sato & more

    Yoshiharu Sato

    I am a big fan of Studio Ghibli – a kind of Japanese thinking mans Disney Studio. One of their alumni Yoshiharu Sato has branched out and produced this amazing advert for a Japanese alcohol brand with a strong theme of nostalgia. Like Studio Ghibli, Yoshiharu Sato creates amazingly emotive animation.  The Ghibli heritage Yoshiharu Sato got working on the likes of Arrietty, My Friend Totoro and Porco Rosso can also be see in these bread company adverts.  

    Liam Neeson

    Before Christmas Fox Studios had used LinkedIn to launch the latest in the ‘Taken’ series of films with Liam Neeson’s character Bryan Mills riffing of his ‘particular set of skills’. Well we now know who won the endorsement from Bryan Mills and here it is. Neeson has one of the best voices in Hollywood, distinctive, yet clear. It’s like Sean Connery but with less fluff and more steel. 

    The Prodigy

    The Prodigy are back and their latest track Nasty has a psychedelic urban fox video to accompany it. The fox living in urban areas is the European equivalent of the trash bandit raccoons in North American cities. There is a darkness to the artwork that matches the music. This is a world away from the jester outfits of the early Prodigy rave tracks. 

    INK Hotel, Amsterdam

    INK Hotel in Amsterdam have used storytelling to create a unique recruitment video. It is labouring heavily on the cast metaphor that service industry businesses have adopted a la Disneyland. But it is still beautifully made as a film. It is also likely to engage prospective guests based on this insider view

    Autodesk

    CAS software company Autodesk have an artist-in-residence programme called Pier 9, and created a great video about it. In some respects it reminds me of where Intel went with its creators partnerships organised by Vice Media

  • Li Ka shing + more news

    From ‘superman’ to ‘big tiger’, Li Ka shing loses favour with Beijing | South China Morning Post – interesting analysis of the changing sentiment of the Chinese government to Li Ka shing. Li Ka-shing has managed to walk his own path, even compared to other Hong Kong oligarchs. He was also able to play well with westerners. Li Ka shing was just just a man with a plastic flower factory and a headful of ambition until he persuaded HSBC to help him acquire property during the 1967 riots. HSBC bought into Hutchison Whampoa in 1979, got rid of the current taipan Douglas Clague. They then lent Li Ka shing the money to buy the business, including HSBC’s own 22% stake at a knockdown price of 639 million Hong Kong dollars. A large amount of money, but still less than the value of the assets being bought. Li has become even richer thanks to skilful use of the conglomerate discount phenomenon

    Consumer behaviour

    The Psychology of Intelligence Analysis: Drivers of Prediction Accuracy in World Politics – Journal of Experimental Psychology – interesting traits and teams rather than individuals tend to do better. It would be interesting to see how this affects the wisdom of crowds given they are a mass of individuals rather than a team per se (PDF)

    FMCG

    Most Energy Drink Companies Market to Minors, Report Finds | Time – this could be a ticking time bomb from a regulatory point of view

    Media

    Case Study: How Huawei turned its smartphone business around | Marketing Interactive – superlative headline but interesting overview of programmatic buying in China via iClick

    Millward Brown Digital partners with Snapchat | Research Live – interesting they can tell an ad

    Vinyl’s difficult comeback | The Guardian – interesting opportunity for manufacturing record press machines

    Online

    LIVEhouse.in – Online Broadcasting Service – really cool Asian content

    Security

    UK’s Cameron won’t “allow” strong encryption of communications — GigaOM – this is the most disturbing stuff I have seen and read in a long term, the Home Secretary is a political role by its very nature. It is not even an independent judiciary signing off. Secondly, given the poor understanding of technology by the body politic in the UK it doesn’t inspire confidence – if there is a back door for HMG, there is a back door for an abusive third party. Finally this is crush or encourage innovative start ups who focus on privacy to move offshore – Shoreditch to Berlin for instance. More related content here.

    Wireless

    BlackBerry Responds to Media Report – Press Releases – not talking to Samsung, it didn’t sound like it made sense to me

    Smartphones At Tipping Point In China | Young’s China Business – domestic Chinese smartphone market likely to contract 10 per cent over the next year – shipments of all types of cellphones actually plummeted 22 percent in China last year to 452 million units, led by a 64 percent plunge in 2G models and 46 percent drop in 3G ones. (Chinese article) China’s mobile users now number 1.28 billion, giving the nation a penetration rate of 95 percent. 

    Smartphone shipments didn’t fare nearly as badly as the older 2G and 3G models, but were still down 8.2 percent last year to 389 million units. That means that a hefty 86 percent of all cellphones shipped in China last year were smartphones, which were rapidly flooding the market as new players jumped joined the space and older ones ramped up production. 

    It’s worth noting that the 389 million figure is unit shipments and not actual sales. I suspect a big portion of those smartphones — perhaps as much as 20-30 percent — are still sitting in distributor warehouses and on store shelves as unsold inventory due to the market saturation – expect channel clearing sales or developing market dumping

  • A laser cut record & things that made last week

    Laser cut record

    A frickin’ laser-cut record. How awesome is this? Back in the day there were efforts to use laser pick-ups to read vinyl records in a way that wouldn’t affect the records over time. Dragging a diamond tipped needle through a groove was viewed as destructive. The first prototype was demonstrated publicly in 1977.

    An American company called Finial demonstrated a commercial product. But its business no longer made sense and eventually the intellectual property was picked up by Japanese company ELP Japan. ELP Japan build laser turntables to order. The laser cut record turns this philosophy on its head. The record is no longer a valuable artefact, but something that can be replicated over and over again.

    A simple but delightful Japanese Vine. Simple but amazingly cute gerbil with a priceless reaction when its human stops stroking it. I remember petting the dog that I owned at the time and eliciting a similar reaction of why stop. This seems to be a reaction that’s hardwired in; a sudden stop in grooming by another might indicate that they sense danger and consequently I should be on alert.

    A totally awesome Japanese game for the Sony PlayStation featuring Godzilla and all manner of kaiju. The odd thing about this Bandai Namco game is that it is for the PS3 rather than the PS4 which is gaining the lions share of console sales. One can only guess that this was a project that massively overshot its initial launch date?

    A smooth jazz version of Van Halen’s Running With The Devil, which seems to use studio stems of this rock classic. It works amazingly well, which says a lot about Van Halen’s songwriting and general musicianship

    Finally a video of park life in Beijing. It is hard to emphasise the amount of smoking that happens in China, so this video shows you instead. More related content here.