Tagged 'marketing'

Why we need better memories if we're going to truly innovate

Posted by Greg Kihlström on May 8th, 2013 at 11:30 am

For all the real-time tracking, daily analytics and other data that we have at our disposal, there is one dimension that we need to keep in mind more than ever. In the context of these “short-term” examples, this other dimension can be referred to as “long-term” memory.
As they say, there is “nothing new under the sun.” We run into issues when we individually or collectively believe this to be untrue, as it leads us to present so-called new ideas or concepts when they simply aren’t unique or innovative. This could be either within an organization, or in society as a whole. It is our responsibility as strategists and marketers to cut through the superficial layers of style and determine what substantive trends are driving our work and our industry.
Take a technology example:
I suppose this started with the idea of a “guest book” on a website back in the early 90s. Remember message boards? You might also know them as “forums.” A few years later a revolutionary new technology was created called “weblogs” or now “blogs” as we commonly refer to them. Then came things like Twitter and Tumblr, which were treated as revolutionary new ideas. In reality, these are all... Read more

Organizational Readiness for Analytics Practitioners (Part 2 of 5): The Importance of the Organizational Quadrants

Posted by Greg Silverman on May 7th, 2013 at 9:00 am

In my first post in this series, I discussed traditional and next generation views of organizational capabilities as they relate to analytics practitioners. In this post, I would like to take a step back and think about the implications of these characteristics’ values. But first, I will take you on a little detour….
Ever heard of the Motivation / Hygiene Theory, otherwise known as the Two-Factor Theory? You might think that the opposite of job dissatisfaction is job satisfaction, but American psychologist Frederick Herzberg would disagree. In the 1950s and 1960s, he put forth the idea – which he dubbed the Two-Factor Theory – that the things that make people dissatisfied with their job are entirely different than those that make them satisfied. How is that possible?  Aren’t dissatisfaction and satisfaction measures on the same continuum? Well, therein lies the problem – they actually aren’t. At least Herzberg didn’t think so.
As the preface to a Herzberg article in the Harvard Business Review explains, “Ask workers what makes them unhappy at work, and you’ll hear about an annoying boss, a low salary, an uncomfortable workspace, or stupid rules.” What makes people happy and motivated then? According to the same piece, “interesting work, challenge, and increasing... Read more

The Art of Buying

Posted by Tony Zambito on May 6th, 2013 at 1:16 pm

Galvanized by Art (Photo credit: cobalt123)
The quest to uncover how and why people and businesses engage in the act of buying is becoming an endurance race.  Spurred on by increasing social technologies advances.  The result is many organizations, whether academia or business, have focused on the science of buying.  What we may be losing is critical understanding of the art of buying.
What we are witnessing in the new digital age is the old rules of near total dependency on understanding processes and rules associated with buying is no longer the sole winning ticket.  Buying processes and rules have been dissected and analyzed many times over throughout the past few decades.  We clung to the belief of knowing the how will lead us to systematic knowledge of how to close more business with buyers.   The problem marketing and selling organizations face today is the how – processes and rules – are not as easily defined or structured as in the past.  Social technologies have made it possible for new networks and collaboration amongst buyers – causing plenty of flex in processes and rules.
The Why of Buying
If the science of buying has focused on the how of buying, the art of... Read more

Content Overload

Posted by Tony Quin on May 3rd, 2013 at 6:36 am

It seems that the fat part of the curve is upon us as the corporate world realizes that savvy consumers of all stripes just don’t buy the old advertising game. The new bargain is, if you give me valuable content of some sort, I’ll maybe think better of your company. Seems a bit tenuous, but I’ll vouch that it works, or used to.

Budweiser Toasts Facebook-Integrated 'Buddy Cup' – Clink to Make Friends (Video)

Posted by Rick Mathieson on April 30th, 2013 at 8:38 am

I'll drink to that.
As I write in my book THE ON-DEMAND BRAND, we've reached a point now where brands should no longer view social media as a cool new way to connect with consumers.
We must now view social media as a means by which we as brands can enable consumers not just to connect with us, but to each other. And not just in some virtual space, but in the physical world as well.
This initiative can help break the ice in a social setting - as well as continue the conversation (and/or flirtation) after that beer (or the many, many beers, as the case may be) is gone.
Cheers to Bud for the bold idea.
Read all about it, here.