Brand

Consumers pay attention to where your ads live and who their neighbors are!

June 13, 2017

The Chief Marketing Officer (CMO) Council came out with a new study that we all need to be aware of as we place our digital ad buys.

Nearly half of all consumers indicate they would rethink purchasing from brands or would boycott products if they encountered brand ads alongside digital content that offends them, reveals a new study on “How Brands Annoy Fans.”

Aimed at assessing the impact of digital advertising experiences on consumer perceptions and purchase intent, the research looked at digital brand safety from the consumer’s perspective and found that consumers are punishing even preferred brands if they don’t use trusted media platforms or take active steps to control the integrity of their ad environments.
Conducted by the Chief Marketing Officer (CMO) Council using the Pollfish platform, the survey gathered views from 2,000 adult consumers in North America and the U.K., both regions which have both seen high-profile brand campaigns withdrawn this year for their association with fake, distressing and hateful content. The consumer poll is part of a broader study of digital brand safety being conducted by the CMO Council, in partnership with Dow Jones, entitled “Brand Protection From Digital Content Infection.”

With trust more critical than ever, respondents made it clear that they will no longer give their brands a pass for even inadvertent display of ads near objectionable digital and video content. A full two-thirds of respondents said they would hold a dimmer view of brands that provided negative advertising experiences.

The report also found that social media platforms are still not trusted content spaces. Despite listing social media as the source of the second-highest volume of ad messages they receive—behind only television—consumers ranked social media last among their five most trusted channels. They ranked friends, TV, search engines and newspapers as more trusted sources.

A large majority of consumers said they responded differently to the same ad, depending on its context, with 63 percent saying they responded more positively to ads run in trusted media channels. Consumers are, in fact, turning to trusted content providers and media to escape objectionable content. Some 60 percent said offensive context has already caused them to consume more content from trusted, well-known news sources and established media channels.

“CMOs and brand advertisers are increasingly concerned about various aspects of digital and programmatic advertising, including concerns about their ads showing up next to offensive content,” said Donovan Neale-May, Executive Director of the CMO Council. “This consumer survey demonstrates that those concerns are well founded. Advertising placed next to objectionable content is damaging to a brand while ads that accompany more trusted content and media are more accepted.”

While other brand safety studies have explored adverse brand perceptions, the CMO Council research asked consumers about their response to the experience of finding brand ads in proximity to objectionable content or fake news sites—and their warning to advertisers was brutal. Some 37 percent of consumers said it would change the way they think of a brand when making a decision to buy. Another 11 percent said they would flat-out not do business with that brand. Another 9 percent said they would become vocal critics of the brand.

Another consumer response is the increased use of ad blockers. In another alarming finding for digital marketers, more than 50 percent of respondents said they either already had or planned to install some form of ad-blocking software to their mobile devices or PC browsers.

Negative experiences with digital display advertising are far from a rarity. According to the most recent “Media Quality Report” by Integral Ad Science (AIS), up to 8.6 percent of digital display ads in the U.S. were flagged as posing a moderate or high risk to brand reputation. Maria Pousa, CMO for IAS, told the CMO Council that the most prevalent categories of risk in the U.S. were violent, adult or offensive language content, followed by issues like hate speech and illegal downloads.

Other key insights from the CMO Council survey include:

• A surprising 86 percent of consumers are either extremely concerned, very concerned or moderately worried about how easily they are directed or redirected to hateful or offensive content.
• The most annoying digital advertising formats, even when appearing on trusted media channels, were intrusive pop-up ads (22 percent) and auto-playing video ads (17 percent).
• Attention to digital advertising overall was notably low, with only 14 percent always engaged and 58 percent saying they pay attention only when ads either interest them or are really interesting.
• Just over 40 percent of consumers have already installed ad-blocking software on their devices while another 14 percent said they planned to add these features.

Neale-May said the full report, featuring qualitative interviews and vendor insights, would include key details on the steps, tools and strategies adopted by leading advertisers and CMOs who have minimized the threat to their brands. The abbreviated consumer survey findings can be sourced from the CMO Council at https://www.cmocouncil.org/digitalad-consumer-report.

About the CMO Council

The Chief Marketing Officer (CMO) Council is dedicated to high-level knowledge exchange, thought leadership, and personal relationship building among senior corporate marketing leaders and brand decision-makers across a wide range of global industries. The CMO Council’s 12,500-plus members control more than $500 billion in aggregated annual marketing expenditures and run complex, distributed marketing and sales operations worldwide. In total, the CMO Council and its strategic interest communities include more than 30,000 global executives in more than 110 countries covering multiple industries, segments and markets.

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Branding – The Inside Out Rule

June 15, 2016

Branding is one of those marketing terms that everyone uses but very few actually embrace. When companies try to brand themselves, they often suffer from the “can’t accurately describe the bottle from inside the bottle” reality. One of the other huge threats to a branding effort is when a company does not follow the inside out rule.

Disregarding the inside out rule in branding is such a common mistake and the risk it poses to your efforts is significant.

When a company identifies their brand position, the typical normal roll out process is to change their tagline, maybe update the logo and introduce the new positioning through their marketing efforts. They might tout the new brand promise in communications with existing customers as part of their announcement. Some companies might even hold an internal unveiling to share the new assets with the employees as well.

That’s all cart before the horse thinking. The truth is – if you want your branding efforts to be more than a new coat of marketing paint, then you’re going to be stepping out into the marketplace and making a bold promise. That promise isn’t going to just impact your marketing department or your sales team. It is going to change the way that each and every employee approaches their work. It should change policy. It should change your decision-making process.

For your brand to have real meaning to your audiences – it’s going to have to make a promise that most of your competitors would not have the courage to make. You can’t pull that off on your own and neither can just your marketing department or your C-suite. It’s going to take all of you to keep a promise that big.

Real branding needs to be built and nurtured from the inside out. It can’t be displayed on the outside of your building if it’s not on the inside of how the company is actually run. If your brand rings hollow in the accounting department, it’s not going to survive. If the HR department doesn’t see their role in honoring the brand, it can’t possibly become a part of your culture. If your newest and your oldest employees both don’t understand how they either do or don’t keep the promise, then you’re sunk.

The most important step of building an authentic brand that truly will differentiate you from your competitors is the step that is almost always skipped. Why?

Impatience and short-term budget thinking.

Businesses and their leadership are under a lot of pressure. Things need to happen fast. I get that. But branding can’t be forced and it can’t be rushed. If you want it to work, you have to be willing to commit the resources.

The toughest to commit? The time. In the branding process that my agency developed, we allow for a year of internal work, identifying the policies, processes, products and internal workings that get in the way of someone keeping the brand promise and one-by-one, remove them.

The value of this effort is two-fold. It removes the things that prevent you from keeping your brand promise and it communicates to your entire staff that this is not a passing fad. When they are a part of the process – you will get both their ideas and buy-in.

That doesn’t mean you can’t externally launch the brand at the same time. But without the work on the inside, the brand’s candy coating shell can only last so long.

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Let your customers help you make it memorable

February 9, 2016

In last week’s post we explored the importance of creating a memorable experience for your customers. Today’s customers are one click away from finding someone else to meet their needs which means you need to knock them dead every time.

While your competitors can match your prices, copy your products or services and even hire away your staff but they can’t replicate a unique customer experience. The question, of course, is – exactly what would that experience be?

The good news is we’re not talking about erecting a circus tent and putting on a show. We’re talking about making doing business with you simple, fast and without any hiccups – all flavored with your brand’s essence.

Here’s the best part. Your customers will help you craft the experience they want most. If you let them.

Get smarter: The first step is to listen, learn and share what you’ve discovered. You need to gather information about your offerings and your clients. In terms of your offerings, you need to anticipate what your prospects and customers might need to know. You also need to anticipate what your employees might need to know as they serve your customers.

You also need to capture as much information as possible about your customers. The best source? You guessed it — your customers. Start talking to them more. Find out what they worry about. Find out why they do or don’t buy for the second time. What would make it twice as easy to do business with you? These are the kinds of questions you need to be asking.

Another way to learn from your customers is to observe how they interact with every portal into your company. Where do they go on your website? What do they ask when they call or email? What size, feature or option do they gravitate towards?

Equip your team to deliver: This is one of the spots that constantly trips up companies.   The leadership team or marketing department put together new processes or policies but the details don’t ever trickle down to the front line staff. They’re expected to seamlessly deliver a remarkable experience but it’s news to them.

Better yet – let your front line team help you make the experience better. No one has more encounters with your clients so make sure their voice is part of the mix. Here’s the rub. No matter what you create, it won’t be quite right at first.  This is where your customer facing team is most important.   They’ll be the ones who can detect the flaws and suggest improvements.

All of this is only going to work if you invest enough time up front to get all the input from all levels of the organization and that you also build a feedback mechanism that allows you to gather reactions and issues so you adjust.

Wrap it with your brand: Making it easier to do business with you is one thing. And it’s an important thing. But what makes the customer experience you create genuine and something so unique that your competitors can’t mimic it is putting your brand’s stamp on every aspect of the encounter.

What does that look like? Look in the mirror. Is your company very buttoned up and serious about security? Are you playful and tongue in cheek? Do you have elaborate systems and processes? Think about how your customer perceives your organization. Identify what drew your best customers to you in the first place and figure out how to weave that throughout all your interactions.

Creating an experience that makes your customer feel valued, appreciated and heard is a powerful way to not only create customers for life but customers who can’t help but bring their friends along.

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The future of personalization

January 20, 2016

If you haven’t been thinking about the future of personalization — you should. The CMO Council released a fascinating study today, looking at how marketers are viewing/using personalization and what that means for all of us down the road.

 The study, done in partnership with Pegasystems, is entitled “Predicting Routes to Revenue, and found that nearly half of marketers say their current analytics programs have the ability to give a clear view of past performance but do little to shed light on the road ahead.  The study is based on insights from more than 150 senior marketing executives surveyed primarily across North America and Europe during the fourth quarter of 2015.  You can download the complete study here.

The study also found that marketers looking to deliver exceptional customer experience will increasingly turn to personalization as the key driver to maximize customer value. This will require redefining data¹s value and primary role, moving away from using data as a vehicle to calculate past performance metrics and into a critical tool to uncover new, real-time insights about customer behavior.

The study also found that marketers looking to deliver exceptional customer experience will increasingly turn to personalization as the key driver to maximize customer value. This will require redefining data¹s value and primary role, moving away from using data as a vehicle to calculate past performance metrics and into a critical tool to uncover new, real-time insights about customer behavior.

Gone are the days of simply including a customer’s name in an email and considering that to be personalization. Today, customers expect that brands will understand who they are, what their habits are, what they want to see on their device screens, what they want, how they want it, when they want it…and the list of expectations goes on. These requirements are making it all the more imperative for organizations to be able to craft robust experiences that are targeted to the needs and desires of all of their customers.

A one-size-fits-all approach reveals to the customer that a brand does not understand them and opens the door for customers to defect and leave a brand’s fold in favor of one that does. In a world where customers have a multitude of options for nearly everything they are looking to purchase—and where new contenders are willing to offer almost anything to gain their business and loyalty if given the opportunity—the demand to know and effectively engage customers has never been greater.

Read more about the study’s findings and the recommendations from the CMO Council and Pegasystems and then identify personalization opportunities inside your own organization.

Seems like the time is now if you’d like to be an innovator in this space.

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Who determines absolute value?

March 5, 2014

Many people, myself included, believe in the power of a strong brand. Brand positioning has influenced buying decisions for years and a company with a strong sense of their own brand and a commitment to authentically walking out that brand is at an advantage over their competitors.

In the past, a great brand could significantly influence if not determine the absolute value of a product or service.

But, is that marketing truth evolving?

I’ve just finished reading the book Absolute Value, What Really Influences Customers in the Age of Nearly Perfect Information* by Itamar Simonson and Emanuel Rosen and it digs into this issue. The book offers many examples of how consumers have viewed and evaluated brands in the past and how they are coming to interact and judge them today. When you see the trends spelled out, in example after example, it’s pretty eye opening.

To kick things off — the authors list 5 widely held beliefs and suggest that they are all becoming less true today.

1. A company’s brand is more important today than it has ever been
2. Nurturing loyalty should be the marketer’s primary, day-to-day concern
3. All customers are irrational
4. An overload of opinions may actually paralyze people
5. Positioning is the most important part of the marketing game

The authors assert that most brands are losing their role as a definer of quality and that a consumer’s past satisfaction is not as anchoring as it used to be. They also contend that because of the abundance of rational information that is so readily available to all of us, our methods of evaluating products and services has changed dramatically.

We really don’t shop/buy the way we used to. Let’s say you need to buy a car. Back in the day, you either went to a dealer based on your brand preference or you might have reacted to a TV spot or your neighbor’s experience.

But today, what would you do? You would look online and read the reviews. You’d look at safety reports. You’d then go to a site and could review exactly what the dealer paid for any car you were interested in. Finally, armed with print outs and a price you knew was 3% over dealer invoice, you’d head to the dealership.

Suddenly, you have access to all kinds of data that wasn’t readily available a decade ago and much of that data is ranking, grading and critiquing the item in question.

Given those two choices – a fuzzy brand preference or hundreds/thousands of reviews from other people – which do you think will influence you more today?

If you’re like most other people, you’ll trust the masses more than your own perception or previous experiences, unless you’re already a brand zealot.

That’s where the problem comes in for marketers. In this new marketplace, there’s a voice that is overshadowing theirs. And it’s not just word of mouth. It’s word of mouth, amplified. Many voices and they’re so much easier to find/listen to. And it turns out, their collective wisdom and experience is quite compelling.

This book is a thought provoking read. (Buy a copy of the book**) It will make the marketer in you tilt your head and really wonder about the effectiveness of your efforts. It will make the consumer in you examine your own purchasing patterns and identify some of your biggest influencers.

But whichever hat you’re wearing — it will force you to look at our world and your work in marketing a little differently. Just like your consumers are doing.

 

 

 

*I received a copy of this book from Emanuel Rosen but I really did read it and I really liked it and found it thought provoking.  You’d be amazed at the number of books I receive that I don’t really like… and therefore, don’t mention to you.

**Amazon affiliate link

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Why would I pick you?

September 1, 2013

We have to remember that every day, both our existing customers and potential customers are looking at us and wondering “why would I pick you?”

Marketing 101 is that you need to understand how you’re different from your competitors.  It is perfectly logical — if you cannot differentiate yourself in terms of what you sell, how you sell it or why you sell it — the only differentiator left is price.

Maybe it boils down to this.

Would you rather invest the time and brain equity into figuring out (from the consumer’s point of view) how you are different or would you rather just have to be the cheapest?

Either choice is a good one.  It’s really all about your business’ strategy.  After all, Walmart seems to be doing okay with the cheapest route.  But let’s say that you don’t want to commit yourself to a perpetual price war.  Then what?

Then you need to go back to really understanding how you’re different (for the love of all that is holy, please do not say — it’s our people or we care more) and what sub-set of potential customers is in perfect alignment with that distinction.

Did you twitch a little at the phrase “sub-set of potential customers?”  This is one of the main reasons why I think companies don’t discover and honor their brand better.  They want everyone’s money — not just the right people’s money.  I’ll dig into that later this week.  For now, let’s stay focused on the discovering how you’re different.

We have a branding process that we walk clients through and I’m proud to say that many of our clients will tell you that it completely changed the way they did business.  It’s one of our favorite things to do at McLellan Marketing Group.

But…for you do it yourselfers — start by really taking some time and answering these questions, but remember, the answer can never be the product or service you sell:

• Beyond profitability, what is the mission of your company?
• If your company were to leave a legacy, what would it be?
• How does your organization make the world a better place?
• If firm disappeared tomorrow, what would be missed most of all?
• What is the single most-important aspect of your company?
• With regard to your organization, what do you feel passionate about?
• What business is your company in?
• What business is your company not in?
• Which three adjectives best describe your organization?
• Who (customer) would love your company the most?
• How do you prioritize your customers? If you had to allocate 100 points between the different customers segments or types (in terms of importance), how would you do so?
• What customer need does your product/service fulfill? Why does your target customer need or want you sell?
• What emotion(s) do you most closely associate with your product or service?
• How will your organization change your industry?
• How will your company change the world?

And some fun ones to twist your brain around:

• If your company was a shape, what would it be?
• If your organization was a texture, what would it be?
• If your firm was a mood or feeling, what would it be?
• If company was something from nature, what would it be?

If you’re really brave — pull together some of your best customers and see how they answer these questions.  Or, schedule a team retreat and walk through them with your employees.

If you actually take the time to really dig into each of these questions until you’ve come up with answers that resonate and aren’t the first or a trite response — I think you’ll be surprised at how it changes the way you look at your business, what potential customers you approach and how you describe yourself.

Are you brave enough to tackle these questions?

 

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Building a great brand means going the extra mile

August 1, 2013

Want a great brand? Building a great brand means going the extra mile. Let me give you an example.

I travel a lot so I decided it was time to invest in a suitcase that could take the beating that 100+ flights a year dishes out without having to be replaced every year.  So after doing more research than a suitcase purchase should require, I spent a ridiculous amount of money on a Briggs & Riley suitcase.

Keep in mind, I’m usually a run to Target and buy a bag kind of guy.  So this was a big money decision for me.

I made the investment because the bag is guaranteed for life.  Here’s how they talk about their guarantee:

If your Briggs & Riley bag is ever broken or damaged, even if it was caused by an airline, we will repair it free of charge – Simple as that! Here’s how the Briggs & Riley Simple as that® guarantee works:

A. Simple bag repairs – you can send or bring your bag to a local Authorized Repair Center. No repair number is needed. Please note that you are responsible for any freight charges incurred when shipping your bag to an authorized repair center.

B. Badly damaged bags – we recommend sending them directly to Briggs & Riley at one of our Official Company Repair Centers.

Our ‘Simple as That®’ guarantee will cover the repair of all functional aspects of your Briggs & Riley bag for life.

In my mind, that meant:

• It would last a really, really long time before anything broke, ripped or didn’t work
• It would be easy to get it fixed, if I ever had to
• These people really care about their customers

I love the bag.  It’s easy to pack an entire week’s worth of stuff into, if I need to.  Shirts and sports coats travel well and come out pretty wrinkle free.  So I’m happy.

Fast forward to 10 months after the purchase.  The bag has a rip in it.

So I go to the B&R website and complete a form.  It’s relatively painless (who knew a suitcase could have a serial number?) and I submit it.  Unfortunately, because there were no authorized repair centers in my area, I had to send my bag back to Briggs & Riley.

The email telling me this gave me all the information I needed but didn’t express any sentiment or apology for the fact that I was going to be inconvenienced.

I had to take the bag to a UPS store because really — who has a box big enough for a large suitcase laying around.  By the time I bought the box and paid for the shipping, it was close to $100.  Lovely.

Then, I waited.  And waited.  I didn’t hear anything from Briggs & Riley.  It had been a few weeks and I was just about to reach out to them via their website when voila, my repaired suitcase arrived with this card that outlines what got fixed.  And that’s it.

So let’s review.

• Briggs & Riley makes expensive and well crafted bags
• They guarantee the bag for life and will repair the bag for free
• They make it simple to get the bag repaired
• They honored their promise — fixed my bag and sent it back to me

So they follow all the best business practices.  They make a quality product and charge a premium for it. They back their product with a rock solid guarantee and then they honored that guarantee.

They did it all right. And yet….they screwed it up at every turn.  They had so many opportunities to build a bond and their brand and they whizzed by every one of them.

When someone pays a ridiculous amount of money for something you sell — they want to be reassured that they made a good call.  they want to be your fan.  Let me say that again — they want to be your fan.  But you have to extend the invitation and make the effort.

If I was the Director of Marketing for Briggs & Riley, here’s what I would do different:

1. When someone buys one of our bags and registers it (with the serial # etc) I would send them a hand signed thank you note from the CEO/President, welcoming them into the B&R family and inviting them to join our customer exclusive club
2. Our club would offer travel tips for the seasoned road warrior, packing tips etc.
3. Every holiday season, we’d send a small gift (like B&R luggage tags) to the members of our club.
4. If someone came to our website to report a damaged bag, we’d have them fill out the form but the email confirmation/reply would outline what they should expect, in terms of time frame etc.  It would also offer a sincere apology that they have to be inconvenienced by not having their bag.
5. We’d have a suitcase loaner program.  No one spends that kind of money on a suitcase unless they travel a lot.  We’d offer to ship them a clean, used bag to use while theirs is in our shop.  All they’d have to do is pay to ship it back.  (I doubt very many people would accept this offer…but the gesture matters)
6. When their bag arrived at our repair center, we’d notify them that it had arrived and give them an estimated date for the return of their bag.
7. Sometime during the repair timeframe, we’d send them a funny video about their bag recovering from its surgery and as soon as it was released…it was headed back home.
8. In the box with the returned bag, we’d send them a thank you note from the repair team, thanking them for their confidence in Briggs & Riley and apologizing again for the hassle.
9. In 30 days after the bag was returned — they’d get a letter from us, asking if the bag is now performing to Briggs & Riley standards.

Most of those ideas wouldn’t cost very much money.  But each one would get one step closer to creating a brand zealot — someone who raves about their bag and convinces other people to buy one too.

Building a brand doesn’t have to cost a fortune. It’s about doing what’s right and then asking yourself — what else could we or should we do? And then doing it.  That’s how you create a love affair with your customers.

Don’t rest on your great product. In today’s hyper competitive world, you have to do a lot better than that.

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How does your paper resume stack up to this?

May 1, 2013

The world has changed.  Things are different.  This is the new normal.  This ain’t your grandaddy’s marketing.

We can say it a million ways but some folks just aren’t going to get it.  Or at least not yet.

With the tools out there, the connections that can be made and the audience’s diminishing tolerance for being shouted at — there are many things we need to do differently.  Including finding a job.

Check out this slideshare (PPT) presentation that Lorenzo Galbiati sent me as he embarks on a job hunt.  (Email him here if you want to chat about career possibilities)

Imagine you need to hire someone.  You get a standard paper resume and this PPT.  You can only interview one candidate — who would you choose?

We need to re-think everything and there are plenty of sacred cows that need to be done away with.  If someone ever says to you — this is how it has to be done or this is the standard — ask more questions, think beyond the “usual” and remember that the world has changed.

The last thing you want to demonstrate is that you haven’t been keeping up.

 

Can’t see the PPT?  Click here to view over at www.slideshare.net

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Get your brand on

September 20, 2012

If I’ve said it once, I’ve said it a thousand times — your brand is not your logo.  It’s so much more.

Want to explore what branding is really about and how it can completely change the trajectory of your company?  Then you need to get to Chicago on October 11th for my friends at The Brand Establishment’s one day seminar on brand. (read more here)

What We’ll Cover:

• Brand – The Most Oversold, Yet Least Understood Word In Marketing Today
• The Definition of a Brand – Finally
• 
Branding vs. Brand Development
• 
Where The Brand Lives
• Your Brand On Steroids
• Build From The Inside Out
• Your Brand Essence
• Internal Brand Strategies – Moving Every Employee From Hearing About A Brand To Believing There Is A Brand To Becoming The Brand
• Brand Management For The Long Haul
• Business And Brand Strategy Alignment
• Brand Touch Points – “Promises To Delivery” Mechanisms
• The Brand Establishment’s BrandLab™ Approach – Looking Through The Brand Lens
Brand Momentum – Monitor, Measure And Adjust
• The Strategies Behind Successful Brands
• Secrets Of Successful Brands
• Who’s Doing It Right Today
• How To Implement In Your Own Company

Presented by two of the nation’s leading brand experts, Jim Hughes and Tom Traynor; this seminar will provide today’s working marketing executives with the knowledge, tools and techniques needed to lead their organizations to greater profits and category domination, even in a slow economy.

At the end of this rigorous one-day session, you will be awarded a Level-One Certificate of Achievement from the country’s foremost authority in brand development, branding and brand management – The Brand Establishment.  (Read the brochure)

I know these guys and they’re the real deal.  So if you can get to Chicago (or are already there) this would be an eye-opening, business changing day.  Hope you make it there.

(Click here for more info, registration links etc.)

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