It appears that 38% of consumers in the UK, US and Brazil are mistaken in thinking that Mastercard is a World Cup sponsor according to research from GlobalWebIndex. The genuine sponsor, Visa, scored just a marginally higher recognition at 42%.
The confusion doesn't seem to be restricted to financial products. Other brands such as Carlsberg, Nike and Pepsi also performed well, although not as highly as the genuine sponsors Budweiser, Adidas and Coca-Cola.
These findings raise some important issues for marketers engaged in sponsorship of major international events.
On one level the confusion is understandable. Let's face it, we're used to seeing these brands regularly paraded as sponsors. Equally, many will have launched advertising programmes designed to appeal to soccer fans. Let's call it the 'ripple effect' - we simply assume their involvement because we're accustomed to seeing it or we closely associate them with our enjoyment of the event.
But equally, is sponsorship such a blunt tool, demanding an activation budget as great as the cost of the sponsorship itself, that it's value is diminished? The question for brands considering sponsorship in their marketing mix is whether their money might be better spent elsewhere.
I cast a critical eye over what businesses are up to in the field of marketing, advertising, online, customer service, communications, branding and more. I look at what I think works really well and don't hold back on the criticism, when appropriate. I also provide advice based upon 30 years' marketing experience
Tuesday, 24 June 2014
Friday, 13 June 2014
#WorldCup - where have the all B2B marketers gone?
Am I alone in thinking
there’s been a muted response from marketers to the World Cup this time around?
Even food retailers have managed to contain themselves to measured promotions
of beer and snack foods in the run up to the tournament. And there’s been a
small amount of advertising appealing to those who want to follow the action on
big screen televisions or on the move.
But, where have all the
B2B promotions gone? Where is the endless stream of emails attempting to make
some connection, however tenuous, between a business product or service and the
competition? Where are the online games?
Where are the mousemats, fixture charts and stress balls?
I can’t say I’m
disappointed. In fact I’m rather pleased
that, at last, many B2B marketers have woken up to the fact that a major event like
the World Cup doesn’t necessarily demand their attention if their product or
service is completely unrelated to what the average customer will be focusing
on during the tournament. And many will have realised that achieving standout
in the fog of World Cup promotional activity is best left to those with
relevant products and deep pockets. About time too.
Tuesday, 27 May 2014
'Share of life' - the new marketing metric?
Not a week seems to go
by without a piece of research focused on major brands. The latest is the BrandZ list of the world’s
most valuable brands. In a shock move, Google has displaced Apple as the world’s
most valuable brand while Ford has re-entered the list after some time in the
wilderness.
One of the keys to
Google’s success appears to be its ‘share of life’ – its ability to connect
with customers by having many stakes in their lives through a proliferation of
products and services.
I’m sure the marketing
teams at Google are delighted with the result.
Meanwhile, the rest of us are left pondering what on earth this means
for our brands and marketing activity.
From my point of view,
‘share of life’ is just a new, catchy way of saying that to be truly valuable brands
need to be relevant to their customers - both now and in the future.
Brands need to keep pace with changes in customer needs/wants and
behaviours. And they need to ensure that
their messaging resonates with their target audiences.
It’s a case of ‘adapt
or die’ as far as I’m concerned. In fact
history is littered with examples of brands that have failed to keep pace with
change. Perhaps the most notable casualty
in recent years was Kodak. With its long history, Kodak was synonymous with
photography in much the same way as Cadbury is with chocolate, Hoover with
vacuuming and Google with web searching. With the advent of digital
photography, I would be amazed if the senior team at Kodak didn’t debate what
it would mean for their business. The reality
is they either chose not to act, or failed to act quickly enough. The brand’s
demise should act as a wake up call to all brands.
Google has spent a lot
of time, money and energy in recent years in building its portfolio of products
and services. I dare say there was a
major commercial imperative here – to build a revenue stream and commercialise
its free search offer. In doing so,
according to the research, Google has managed to touch the lives of many people
in many different ways and thereby grow its ‘share of life’.
Growing a product portfolio is not an option
that all brands have. So, let’s not get hung up on ‘share of life’. The key is
remaining relevant your audience.
Something that marketers have known for some time.
Friday, 16 May 2014
Big data? It's the little things that count
There's much talk about 'big data' with its potential to better understand customer behaviour and tailor service and offerings appropriately. Great idea, but I can't help thinking that organisations would do well to master the 'small data' they have at present.
I've been a member of a well-known airline's frequent flyer programme for many years. In theory, they know a great deal about me and continue to gather data based upon my travel patterns, locations and preferences. Yet it never ceases to amaze me how they continue to get it wrong:
I've been a member of a well-known airline's frequent flyer programme for many years. In theory, they know a great deal about me and continue to gather data based upon my travel patterns, locations and preferences. Yet it never ceases to amaze me how they continue to get it wrong:
- I flew to Glasgow on business earlier this week. En route to the airport, I received a text asking me to rate the service I had received at the airport that morning - some two hours before my flight.
- On the same day, my return flight was delayed by over an hour. I knew this in advance because I took the trouble to check. Did I receive a text alerting me? No.
- I receive at least one promotional email a week encouraging me to book my next flight or take advantage of a time-limited sale. Often the offers are for flights that I cannot possibly take. Why? Because I already have a flight booked during the relevant period. Don't they know this?
- One such email encouraged me to take advantage of a discount on flights to the US. This was just a few days after I had booked a flight to the US at the full price. Ouch!
- They have made of point of asking for and recording my seat preference - window or aisle - yet consistently allocate the wrong seat on check-in
Thursday, 8 May 2014
Political parties need to learn lessons from successful brands
In twelve months' time the UK goes to the polls in a general election. Over the next year we can expect to see a fair amount of posturing and positioning by political parties in an attempt to win votes. Party political broadcasts, advertising campaigns and PR stunts will be the order of the day.
Politicians of all colours will go all out to persuade a cynical British public that they are fair and reasonable people who put the interests of the country and its constituent parts first. We can expect to see a caring approach, an emphasis on family and the average worker and, inevitably, pronouncements on the importance of education and the health service. It happens every time.
Unfortunately, for many voters these attempts to garner support wear thinly. Why? Because political parties consistently fail to recognise that they are to all intents and purposes brands. And like all brands, if there is a failure to deliver against promises or those promises are so blatantly out of sync with the product or service, the consumer sees through them.
Successful brands understand that their reputations are made and sustained by a continued, consistent focus on a combination of three main elements:
Politicians of all colours will go all out to persuade a cynical British public that they are fair and reasonable people who put the interests of the country and its constituent parts first. We can expect to see a caring approach, an emphasis on family and the average worker and, inevitably, pronouncements on the importance of education and the health service. It happens every time.
Unfortunately, for many voters these attempts to garner support wear thinly. Why? Because political parties consistently fail to recognise that they are to all intents and purposes brands. And like all brands, if there is a failure to deliver against promises or those promises are so blatantly out of sync with the product or service, the consumer sees through them.
Successful brands understand that their reputations are made and sustained by a continued, consistent focus on a combination of three main elements:
- Identity: a clear understanding of what the brand stands for or believes in, reinforced by a consistently expressed personality.
- Behaviour: how the brand 'acts' or 'behaves'. In other words, the relationship it builds with its customers and the experience they have of interacting with the brand, its products, services and people.
- Performance: how well the brand delivers against its promise and the value it delivers.
The key message for politicians has to be that no matter how hard you work at defining what you stand for, if you fail to then behave in an appropriate way or fail to deliver against your promises, your reputation will suffer. It's something that great brands have understood for some time. Isn't it time political parties took note?
Tuesday, 22 April 2014
Beware: infographics are not the be-all and end-all of great communication
I’m a big fan of infographics: those nifty
visual ways of presenting often complex information quickly and clearly. Done
well they help make the patterns or trends in data highly visible. Perhaps the
best, and most long-standing, being the London Tube map.
And if a cursory glance at Facebook or
LinkedIn is anything to go by, the rest of the world is a fan as well.
Yet, I’m also worried by the proliferation
of infographics, often to the exclusion of well-crafted copy.
I happen to be someone who responds well to
visual interpretations. My thought process is often aided greatly by the use of
mind mapping techniques – in fact my articles on this blog start with a mind
map. Yet I’m also painfully aware
that there are many people for whom the visual representation of data, facts or
information leaves them cold and unengaged. For them, the written or spoken word carries much more
weight.
There can be no substitute for a
well-argued piece of prose or a clever strapline. Why? Well, the written or
spoken word can often engender something that visual representation may
not: an emotional reaction in the
reader. That’s why novels have survived the advent of the movies and
television. Why speech radio
continues to attract a sizeable audience.
By all means use infographics to enhance or
simplify your messaging. But
please don’t assume it is a full substitute for copy if you want to engage all audiences
fully.
Monday, 14 April 2014
Time for PR to adapt or die: 4 key actions
Public relations has had a chequered
history. Often seen as the fluffy
poor relation to advertising or direct marketing, PR has often been one of the
first areas to be scaled back in troubled times.
As markets pick up and business confidence
grows, PR faces yet another challenge: how to reposition itself as a valuable
channel in the marketing mix.
Traditional PR, characterised by press
releases, press launches, journalist relations and PR stunts, has to adapt to
the modern marketing landscape or risk being sidelined to ‘nice to have’
status. Or, worse still, disappear altogether.
To survive, PR professionals, whether
agency or in-house, need to address four key issues:
Integrate
with the wider strategy: it never ceases to amaze
me that many organisations see PR as almost stand-alone. Separate PR teams with their own
strategies seems to have been an acceptable approach. If PR is to survive, it needs to be fully integrated in the
wider marketing strategy and team, in the same way that digital has, at least
in many forward-thinking organisations.
Embrace
digital and recognise your audience has changed: PR
needs to move on from its traditional focus on print and broadcast media and
fully embrace digital channels.
For example, failing to include blogger outreach activity when promoting
a news story or launching a product means a significant and influential
audience is excluded.
Recognise
that PR is part of a wider content strategy: content
strategies and plans are not just for digital teams. PR professionals need to consider how they can align with
digital activity, reinforce the messaging and repurpose content to achieve an
integrated approach to brand, product or corporate messaging.
Reconsider
the traditional metrics: ‘advertising value equivalent’ is a blunt tool to measure PR effectiveness
borne out of the need to justify value in the face of the threat from
advertising. Instead, PR professionals need to focus on learning from their
digital colleagues and start talking about relevant reach and engagement.
Whether PR survives as a stand-alone
discipline remains to be seen.
What’s clear is that it needs to adapt to survive by embracing the
modern digital world.
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