maandag 1 augustus 2011
Put this on
Media companies must challenge every assumption about the role of content. Content is not a product to sell, but a device to generate and gain more signals & information about each individual content-user. Smart media companies are able to use that data to target (branded) content, services, m-Commerce, t-Commerce, e-Commerce, marketing partnerships, commercial conversations and advertising.
Media companies must also challenge their current, outdated, irrelevant, KPI's.
The challenge with KPI's is selecting the right ones. The key requirement for leading indicators is that we track them because there is a demonstrable link with key future outcome indicators.
In his book 'How brands grow' Byron Sharp proves that 'retention-percentage' and 'defection-percentage' are currently often used, but misleading outcome indicators. Key Outcome Indicators (KOI) are 'penetration-percentage' and 'purchase'/'sales'.
Neuroscience has proven that former leading indicators as 'awareness' and 'consideration' are misleading. 90% of our purchases are processed by the brain's subconscious. What should be Key Leading Indicators (KLI)? Our project 'Van hersen-scan tot kassa-scan' will learn us what kind of brain activation patterns will be Key Leading Indicators.
zondag 31 juli 2011
woensdag 20 juli 2011
Building brands & driving sales by activating mirror neurons
Mirror neurons - the neurons that trigger the same responses in our brain whether we do something ourselves or whether we observe someone else doing the same task - form the foundation of influencing decisions about what products and brands we purchase. Indeed, Future actions (i.e. purchase decisions) can be predicted from registered brain activity patterns .Magazine advertising is fairly effective at triggering mirror neurons by visualizing other people enjoying, for example, Häagen-Dazs ice-cream.
Observing someone else enjoying delicious Häagen-Daz ice-cream will trigger the same reaction in our brain as if you had one in your own hand. This neurological response generates a desire for ice-cream that can only be satisfied by buying a real one.
Recent research shows that well executed magazine ads can be impactful enough to create a false memory of having tried a product that doesn’t even exist.
Researchers Rajagopal and Montgomery showed subjects either high imagery or low imagery versions of magazine ads for a fictitious popcorn product, Orville Redenbacher Gourmet Fresh. Other subjects were allowed to consume “samples” of the invented product which were actually a different Redenbacher popcorn.
A week later, all of the participants were surveyed to determine their attitudes toward the product and how confident they were about their opinions. Members of the group that viewed the more vivid ad were as likely to report that they had tried the product as the group that actually consumed the samples. The group that saw the low imagery ads were less likely to report they had tried the product, and had weaker, less favorable opinions about it.
Changing the brand to an unknown name, the fictitious “Pop Joy Gourmet Fresh,” reduced the false memory effect. I presume that the more ubiquitous the product and brand, the more likely these false recollections are to occur.
This study shows the power of magazine ads that incorporate vivid imagery – clearly, paper has once again shown itself to be an effective medium. These magazine ads can apparently create the impression of experiencing the product in consumer brains, and can increase positive feelings about the product.
Clearly, it’s worth taking the time to create superb images – mouth-watering, well styled closeups for food products, for example. For other products, images that emphasize the products sensual aspects – textures, scents, etc. – would likely work best, even though the sensory experience will be in the mind of the viewer.
(Sources: tdgNeuroBrand & R. Dooley)
dinsdag 12 april 2011
Can neuroscience offer more certainty that your advertising pushes the right buttons?
The ability to predict consumer behaviour using neuroscience techniques is much greater than that shown by self-report methods. Neuro research may be useful to test the likely effectiveness of a campaign. But there are caveats.
Neuroscience offers very powerful methodologies, but it cannot answer all advertisers’ questions with any single method. Insight into neuroscience techniques is necessary to make good research investment choices and to be able to properly understand the outcome of the investment. It is worth the effort as neuroscience technologies offer marketers tools for designing effective campaigns and predicting success.
(source: Silvia Dalvit and Jane Leighton, Admap, February 2011, pp. 12-14)
Since October 2010, Sanoma Media Netherlands is using neuroscience techniques to gather - next level - consumer insights (media consumption, effectivity of campaigns, consumer oriëntation- and purchase-proces). More of our 'Mediabrain' project in this video (in Dutch):
maandag 13 december 2010
zaterdag 29 mei 2010
Moving beyond the business model of pushing ads; the art of commercial conversations
dinsdag 10 november 2009
Opportunity: 4 cultural shifts driving new consumer behavior that offer new management principles
Speaking at TEDxKC, John Gerzema identifies four major cultural shifts driving new consumer behavior (moving from mindless to mindful consumption) and shows how businesses can best evolve to succesfully connect with thoughtful spending.
Gerzema identifies cultural shifts to:
- liquid life (less is more)
- ethics and fairplay
- indestructable spirit (durable living)
- return to the fold (cooperative consumerism)
vrijdag 6 november 2009
Digital Trends for 2010
2. Open source software starts making proper money, thanks to the cloud
3. Mobile commerce -- The promise that has never delivered, yet
4. Fewer registrations -- one sign-in fits all
5. Disruption vs. continuity -- alternatives to the "big idea"
6. The continuing evolution of web-driven, open source DIY culture
7. Info-art
8. Crowdsourcing
9. More Flash, not less
(Source: Nuri Djavit, November 05, 2009)
woensdag 4 november 2009
Media Eco System transformation changes the way of doing business
Last 80 years, marketeers were are all into getting attention. You can buy attention (advertising), beg for attention or earn attention.
Last 3 years, the succesfull marketeers are not merely to gain the attention of their (potential) clients, but to gain trust; to create interactive one-on-one trusted relationships with the public at large.
Advertising campaigns can literally succeed or die in the momentous pressing of "send". Two major ad campaigns met their fate in the fall of 2008: Twitter users attacked and killed the new J&J Motrin Mom`s Campaign; and bloggers bombed and destroyed Germany`s Pepsi Max Campaign. Both were squashed immediately: one the first weekend, the other after the first issue of the ad.
Today`s businesses have a real challenge on their hands:
- 78% of consumers trust peer recommendations more than traditional advertising.
- 80% of Twitter usage takes place on mobile devices, providing consumers the ability to broadcast news anywhere, anytime. As the number of "followers" and "friends" increases exponentially, it is likely that a business can plummet for poor customer service before the customer pays the bill.
The media eco system network has the potential of accomplishing what no other medium has in the past: in numbers, message and network-effect. Utilize this potential, not so much for advertising, but to develop trusted relationships within your public niche.
Be not interested in advertising on platforms in the media eco system; be interested in getting in there and interacting with people; within the media eco system. Effective commercial communication is not a campaign, but a commitment. Businesses can, and should, use the media eco system networks in order to grow an active and interactive audience.
Companies need to participate in the media eco system networks, or they will be left behind. In a recent survey of 880 marketeers, nearly 81% admitted that their dialog efforts - their active participation in the media eco system networks - generated business exposure and more than half claimed that their tactics generated leads.
Three reasons why the benefits of online networking seem to hold even greater promise than face-to-face social networking, or conventional marketing:
1. It costs businesses primarily time instead of money.
2. Businesses can reach beyond the limitations of geography in gaining awareness and generating leads.
3. The potential for online referrals is huge.
Online socializing may be a radically different method of marketing-but in the near future, it could very well be the preferred method of marketing, one-on-one, throughout the world.
You earn trust customer by customer. Sanoma aims to construct an environment in which eco systems of trust will emerce; an environment in which privacy will be less important for many, more important voor some.
Why privacy is less important for many:
- Mindset: to share is to gain
- You have to be open, to have your data shared
- More open means less privacy, but more personalization
- More personalization means more relevance
- Total personalization means total transparancy
- If you want total personalization, you have to be total transparent
Trend: Convergence of atoms and digital
Result: One media platform, with the same laws of media shared in common:
- Copies have no value
- Value is in the uncopyable
- Personalization
- Media want to be liquid
- Network effects-rule
- Attention is a currency (trust is a currency?)
The 4 stages of the internet:
- stage 1: link computers
- stage 2: link pages, sharing links
- stage 3: link data, sharing an idea somewhere on a page/sharing ideas (XML, RSS, API, RDF, OWL)
- stage 4: the internet of things
The next 5000 days, the web will be:
- Smarter
- More Personalized
- More Ubiquitous
dinsdag 3 november 2009
Five marketing megatrends you can't ignore
2: Constant (mobile) connectivity in an on-demand world
3: Globalization: Making the world a smaller place
4: Pervasive distrust in big corporations
5: A global sense of urgency to fix the problems of a modern world
Source: Adam Kleinberg, November 02, 2009
donderdag 29 oktober 2009
New rules of marketing
- Have you answered to a direct mail advertisement: 3%
- Have you gone to mainstream media to orientate for a buy: 22%
- Have you gone to yellow pages to orientate for a buy: 2%
- Have you gone to Google/search engine for a buy: 100%
- Have you tapped your peer-to-peer-network for a buy: 80%
We are all into getting attention. Ways to get attention. You can:
- Buy attention (advertising)
- Beg for attention
- Earn attention
Privacy is less important for many, more important for some
David Meerman Scott keynote at BMA 2009 national conference from David Meerman Scott on Vimeo.
dinsdag 15 september 2009
Fluidity of the Media Eco System
Forget about Michael Porter's Value Chain. The Eco System is the next new metaphor.
Try to mentally switch from the Value Chain concept to the Value Constellation concept.
Keep repeating: Media Eco System = Value Constellation = Syndication
I have tried to capture the notion 'fluidity of the Media Eco System' into four beliefs:
Belief 1: People-centric (real-time web)
Belief 2: The stream
Belief 3: Get ready to 'Google Wave'
Belief 4: Media companies framing their added value for 'companies, formerly known as advertisers' into advertising concepts limit their range of possible solutions. And, thus, limit their potential added value while exploring new business models.
David de Boer, Head of B2B Marketing, Sanoma, The Netherlands
maandag 2 maart 2009
Sanoma will be moving beyond the serving ads advertising model.
Data has always been used in marketing, but it has been on a path of evolution. Three key stages can be identified:
- Stage 1: Socio-demographics: age, gender, postal code, occupation, lifestyle, mentality.
- Stage 2: Context sensitive: search domain/subject, time, location, mood
- Stage 3: Social Marketing Intelligence: the combination of market segmentation and context, combined with customer behavior and social network profiles.
The decision on how much to spend and where to allocate (marketing- and media-) resources will evolve:
- the once-siloed 'static'data warehouse becomes a living 'enabler' of making realtime (marketing- and media-) resource-allocation-decisions on a continiuous basis.
The effort and attention of marketing has always been focused on one aspect of marketing (serving ads). We have to get used to leave this one dimensional view behind us, when one begins to realise how a data-driven approach to marketing can be transformational by offering an opportunity to remove 'static' organisational silos that truly hinder that continious, fluid, dynamic process of resource-optimalization.
The way forward is to better understand what data Sanoma (and Sanoma's partners) do already have and will generate. We have to think about how that data gets better through user-interaction [through interaction with our B2C and B2C customers] and take care of 'co-produced offerings' (services/products/applications) for those partners that give them back the value of that data.
Which players in the media-industry are (culturally) able to make this fundamental change of mindset and transform succesfully? The timing of this necessary transition is crucial. So time will tell us.
David de Boer, Head of B2B Marketing, Sanoma Uitgevers, The Netherlands
About the author
- David de Boer
- Manager Marketing Intelligence Sales, Sanoma Media Netherlands david.deboer@sanomamedia.nl www.twitter.com/daviddeboer
