Archive for ‘Analysis’

March 28th, 2011

Future of Social Networks by FutureThink

futurethink: Future of Social Networks

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Everyone needs to re-think the strategy for social media, from brand to agency. It is no longer sufficient to think of social media as a silo, a platform that we leverage to enhance the effectiveness of a campaign. It is essential to re-think campaigns such that social becomes the focal point in which everything stems out from. Where we keep the users at the center and continually supply them with relevant, timely and engaging content.

March 24th, 2011

Lynx Excite Angel Ambush London Victoria

An awesome use of digital to interact with users in a very traditional Out-of-home (OOH) environment. A very simple idea that had been executed brilliantly to earned the interest and mindspace of the audience.

When I saw this video, it reminded me of the time when my team had proposed to a client to have 3D projections of people to interact with audiences in an open space. I realized how wrong we were now. It is not about using the best technology or imagining sci-fi kind of technology to deliver the wow factor. In fact, today’s technology is sufficient to create loads of meaningful and interesting engagement with the consumers.

Digital as you know it, should not be merely called digital. Hence, I emphasized again why I believe Interactive Marketing is the true essence of the entire industry.

March 22nd, 2011

GLocal

What does it mean to be a global brand, but have local relevance? How do you ensure that the brand message stays consistently through the world, but is still able to capture the hearts of the local audience? Can it be done?

My answer is yes it can be done, and that it is not as difficult as it seems. The key is to have all the stakeholders agree on the final business objectives and to adhere to 3 very fundamental principles.

1. Stay true to the brand

What ever brand you are, you will have a beginning, a history, a culture, a philosophy, a vision that represents who you are and where you are headed. This cannot and should never change as you expand into new markets and target new audiences. The values of the brand are fundamental to everything a brand should do. It should guide your marketing, your communications, your product strategy, etc.

Global brands are also usually well respected by consumers, especially if these brands have already had a proven track record overseas. When launching such a brand into China, there would already be a pent up enthusiasm that builds up that comes from having the brand feel so near (you can read about it online) but yet so far (because it is not physically in stores yet). Leveraging this energy well to create awareness for your brand.

Another reason to stay true to your brand is that consumers can “smell a rat” from far away. If a brand drifts away from the true brand values, consumers are usually the first to sniff it out and they will be up in arms over the issue. Think how consumers became upset over the new Gap logo.

2. Speak with a local voice

There are 2 ways to ensure that you are local enough. 1st make sure that you know where your consumers are and you can speak to them on their terms and playing field. This could mean getting your brand into the various social media platforms that are available. For example in China, go onto Renren to talk to undergraduates, go onto Kaixin001 to talk to white collar executives (mostly females), go onto Sina Weibo to talk to young and trendy crowd, go onto QQ to talk to tier 2 & 3 consumers. There is a whole myriad of partner choices in China to partner with, so it is really important to identify who your TAs are and where their digital “homes” are and speak to them there.

2nd, you should also consider leveraging local influencer (online editors, opinion leaders, celebrities, etc) to tell your brand story. A caveat to this is to ensure that your influencer must be someone with actual influence (whether digital or in the real world). No one pays attention to “plain jane”, but everyone will be interested in what “celebrity xxx” has done.

Now that you have selected who will be your voice, prepare the what you are going to say and make sure that it’s told in the most compelling and authentic manner, to ensure that both the brand values and the local authenticity comes across.

3. Live up to your brand promise

All that talk is good but eventually it is about fulfilling something that the consumers need. Ensure that your brand lives up to it’s promise and deliver against the users expectations.

Basically, these are the 3 key areas I believe would make a brand successfully relevant in a local market. Do share your thoughts.

March 8th, 2011

The Golden Ratio between Offline & Digital

I get asked similar question many times by clients who are deciding to invest more heavily in digital, but are unsure how they should split their overall marketing budget. Some other clients are more bold, and set targets such as 30/70, where digital makes up majority of their marketing dollars. They most often do not know how to fully utilize their 70% budget. (However, that will be left for a separate entry.)

My point today is that there really isn’t a perfect formula for determining how you should split your budget between offline and digital.

1. It varies with your brand and your target audience – ask, ask, ask

Depending on who you are, and who your consumers are, how you split your marketing budget will vary. For example, you were a purely online business, you might decide to invest more heavily in digital to drive immediate sales. On the other hand, if your target audience were the baby boomers (born in the 1950s), you might consider investing more in traditional offline media to ensure that your message will be noticed and read by your consumers.

The best way to really know how is to conduct on-going research about your consumers and truly understand their needs, motivations, habits and behaviours.

2. It changes rapidly – test, test, test

Today’s marketing world is a fast changing landscape, what is popular today maybe gone in a couple of weeks. Long term planning, while good, might not be as efficient and effective as it was long before digital media came onto the scene. You should never set your plan into stone for long periods of time. Instead, create nimble teams that can react quickly to market changes.

Always test your plan. Ensure that every plan that you execute, has measurable results that can inform the next marketing decision that you make.

Finally, the industry is still very young and many of the veterans are also constantly being challenge with new shifts in technology that enables a whole new breed to media, digital executions and user experience. There is nothing else we can do, but constantly conduct informed tests.

March 7th, 2011

Are you/brands truly digital?

Below are some questions that you can ask. These are courtesy of a colleague from Australia, Andy.

Authentic Does it seem genuine?

Fresh Does it inspire feeling or emotion?

Adaptive Does it respond to your involvement?

Social Is it worth borrowing or sharing?

Transformative Does it raise your expectations?

Immersive Do you lose track of time?

Relevant Is it useful or appealing to you specifically?

Discoverable Can people easily find it?

November 12th, 2010

Digital vs Social Campaigns

An interesting question was brought up yesterday.

What was the difference between a Digital Campaign and a Social Campaign?

In the increasingly converged world that we live in, it is increasingly difficult to differentiate the difference between offline, digital and even social. Ideally, there is no real difference in the 2 types of campaign. However for argument purpose or for practical reasons, let me attempt to explain the 2.

Digital campaigns are those predominantly focused on a big idea or an activation that sits on a micro/minisite that draws consumers in from various media channels, including social. The activity happens in the “home” of the brand.

Social campaigns, on the other hand, start off directly from where the consumers already are. We go to the consumers home – within the social networks of their choice (i.e. Facebook, Twitter, or in China’s case, Renren, Kaixin, Weibo) and plant that big idea/activation within that social environment. Essentially, it is bringing the campaign to the consumers.

Having said all that, moving forward there will be greater integration between the 2 types of campaign. It will be increasingly important for brands when they launch a campaign to consider both the brand value that they want to portray in their digital campaign and ensure that it is align with the social aspects of their consumers. In fact, consumers are inherently social and if we fail to see that we will fail to connect with them.

July 27th, 2010

Social Media is not just a new media

Ogilvy One, recently released a study on social media in China. Named – Connected – it served to answer questions about how a client brand should and can navigate through a newly social world.

The report introduces this notion of “Frand”, where users mixes friends and Brands into their personal communities. For a brand, this presents huge opportunity to grow a brand identity and, conversely, to tarnish one.

I like the term “Frand”. It used to be that a brand message was clearly gotten from an advertisement, now with social media, brand message can no longer just be communicated in a singular fashion to the user. In true fashion of a social network, a brand message now mingles with friends’ messages, and if couple in the right tone and manner, will be even more powerful as users are readily able to share the brand message to their friends and friends of friends.

Staying authentic to the brand and providing content that users can easily share are the key to success in Social Media. Remember, a brand is no longer just a brand on a social network, it has evolved to be a Frand, and users will either like you and talk about you, or dislike you and also talk about you.

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