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AN OPEN LETTER TO LINKEDIN: PLEASE BE YOURSELF

Dear LinkedIn,

I’ve been a fan and user for quite some time.  Until recently, most moves you’ve made seemed to make a whole lot a sense to me. Things like “groups” and “answers” and suggesting people I might “know” are very useful.  In general, LinkedIn is a great tool to build a professional network, get to understand and learn something from your peers and share with them.

And, Twitter’s loss seems to be your gain. The posts (updates) I receive are much more relevant because they come from within my network.

But to me, I think you’re beginning to lose your way. Why is it valuable to me when 90% of the “updates” I receive are about endorsements or who someone is following?  Who ever said they wanted this? By the way, I have yet to see one “like” on any of these posts. So hopefully I am not alone.

Let me double back to the new “endorse me” stampede. Is it really too much trouble for someone to actually write a recommendation about someone? Something we all can understand and read between the lines as to how worthy it is. What we have now is a check-the-box merit badge system. Scratch my back and I’ll scratch yours. To what end?

So here’s what I’m asking. Don’t try to be Facebook. Don’t try to be Twitter. Be yourself. Be someplace I can go and get a sense of what is going on in my extended world.

Thanks for listening

by Dwayne Fry Brand Futurist/Commander Strategic Ops

Photo Credit: courtesy of www.businessinsider.com, How LinkedIn Gets TWENTY Times More Money Per User Than Facebook

15-YEAR-OLD FORTELLS A FACEBOOK DECLINE

Like most 15-year-olds, my daughter is totally connected. Text and Facebook are her lifelines, or so I thought.  In spring, around the time of the pending Facebook IPO, I noticed a conspicuous absence in her Facebook activity. With a busy school and activity schedule I thought it nothing more than a function of available time.
I couldn’t have been more wrong. She and her friends have simply discovered social platforms that better fit the way they live – mobile. Instagram…take a picture, share it, 20 minutes later there are 65 “likes.” Pretty apt name. Twitter…group conversations and connections to peer group topics.  Pinterest…personal expression of self as individuals. What words can’t capture. Beautiful boards. Very revealing.
That’s the holy trinity for now. Along with ever-present text. This new world of social media supports her, not vice versa. And yes there is still some Facebook activity. But for her generation it is no longer the sun. Look around for yourself. There may be a world beyond Facebook. So far, I like what I see.

And now for the science. Two articles that prompted this post. The first is about Instagram: http://read.bi/OuFuVy  The second is about Pinterest: http://bit.ly/PApcZP  Both articles reinforce the utility of these relatively new offerings.

by Dwayne Fry Brand Futurist/Commander Strategic Ops

Photo Credit: courtesy of www.tgdaily.com, Has Facebook started its inevitable decline?

IS TRADIONAL MEDIA ABOUT TO KICK THE BUCKET?

Traditional Media has 5 years left: PWC Analyst
PriceWaterhouseCoopers analyst Marcel Fenez told the World Association of Newspapers readership conference that traditional media has 5 years left until the death clock kicks in.

Read more here

Do you think the demise of traditional media is eminent?

by Mike Randall Brand Futurist The Republik Captain Strategic Ops

Photo Credit: Screengrab from CutePolish’s video “Newspaper Nail Art”

MURDOCH: “EMBRACE TECHNOLOGIES”

New Technology Allow Little Guys To Compete With Giants

In his second of five Boyer Lectures, The Challenge of Technology, Mr. Murdoch says people should stop whining about the challenge of new technology and “get out in front of it”. He says new technology, such as the internet, is destroying business models that have been used for decades, particularly those with a “one size fits all” approach to their customers. People can do more of what they want at a cheaper cost and the disadvantaged now have greater access to information than at any time in history, Mr. Murdoch says.

The result is technology is “allowing the little guy to do what once required a huge corporation”. How are you using new technologies to beat bigger competitors?

Read More Here

by Mike Randall Brand Futurist The Republik Captain Strategic Ops

Photo Credit: Unknown – Licensed CC-BY-NC-SA

THE REAL REASONS WHY CREATIVES HATE ACCOUNT PEOPLE AND VICE VERSA

Superman and Lex Luthor, Churchill and Lady Astor, Hillary and Obama – just a few people who despise each other about as much as advertising creatives and account executives. The animosity between the two is truly legendary. As one creative director said, “I never met a good account executive I didn’t despise.” But few people really know why. Most assume it’s because account executives have the reputation of being spineless, sycophantic yes men to clients. And because creatives are notorious, egomaniacal prima donnas who pitch tantrums when their “brilliant” work doesn’t sell. That’s only part of the story.

The real reason creatives hate AE’s and vice versa, has more to do with a seriously flawed business model than differences in personalities. The truth is, agencies today do not make most of their money from creating and producing ads. They got out of the idea generation business long ago. Agencies realized it was much easier (and more profitable) to give the work away and make a big, fat 15% commission on the media buy. But that’s not the case anymore. Large media buying companies have all but eliminated that source of income. So agencies have been forced to come up with other ways to take money from their clients. Hence, the explosive growth in research and brand planning. Ten years ago, no one had ever heard of a brand planner – now there’s a Planning Department in every agency. The big agencies purchased interests in research companies. They trademarked their own processes of brand analysis and hawked them as an essential ingredient to every marketing plan. They created in-house studios to produce animatics, storyboards and “scratch” radio spots for qualitative and quantitative testing. To ensure profitability, agencies then force creatives to use these in-house facilities.

The result? Ad agencies are now in the business of not producing ads. The business of testing, researching and fancy sounding trademarked processes to find “the soul” of a brand has become the real source of income for ad agencies. Income that had to be replace when agencies were forced out of the media buying business.

As a direct result of all this, the goals and priorities of a really good account person and a really good creative are 100% diametrically opposed to each other. Take your typical AE. His #1 priority is to make sure the agency is always profitably billing the client for something. His #2 priority is making sure the client is happy and the relationship is sound. Notice nothing was said about selling creative executions. Whether an ad sells or not, the AE gets paid the same amount. In fact, an AE might get a raise by not selling a campaign – as long as priorities #1 and #2 are met. In essence, there’s absolutely no incentive whatsoever for an account person to sell an ad. Period. So you see, a really good account person doesn’t really care if an ad sells or not. In fact, selling an ad may violate priority #1. By allowing the client to kill concepts, the really smart AE ensures the agency will be able to bill the client for another round of creative development, planning, research or —”Cha-Ching!” – all three. Crazy isn’t it?

On the other hand, a really good creative’s #1 job is to sell award-winning work. His #2 priority is to just sell something, anything so he can spend more time surfing the web and writing his screenplay. Notice that a creative person’s priorities do not include billing more hours and making the client happy. Creatives (unless they’re freelance) get paid the same amount of money whether they spend one hour on a project or 50. And to complicate matters, agencies always make sure their creatives’ time is maxed out on several projects. So when a client doesn’t buy work, it means the creatives are going to have to work late nights and weekend just to catch up. If this happens too often, (and it always does) art directors and copywriters will burnout. Sometimes permanently. That’s why creatives go nuts when their ads don’t sell – chances are they’re already on the verge of a nervous breakdown. Legendary copywriter, Jerry Della Femina once opened a 50th floor window and threatened to jump out if a client didn’t buy his work. The client did buy it and Jerry went on to write a best seller called From Those Wonderful People Who Brought You Pearl Harbor and to run a very successful restaurant in the Hamptons. But I digress.

Now you know why creatives get that desperate look on their faces when you don’t approve their concepts. Great ideas do not come easily. For that matter, neither do bad ones. Concepting ads takes a lot of blood, sweat and tears no matter how you slice it. And the thing that kills creatives more than anything else, are AE’s who treat ideas like they’re a dime a dozen. They’re not. On the other hand, nothing ticks off an AE more than a creative who throws a tantrum in front of the client. It jeopardizes priority #2 – the relationship. And if the client buys a campaign right off the bat, it will jeopardize priority #1 – squeezing as much money out of the client as possible. This is also why creatives demand to present their own work and precisely why AE’s don’t want them to.

So how do you fix this age-old problem? Should Jimmy Carter and Henry Kissinger step in? Actually, the problem is a pretty simple one to solve. Unfortunately, most agencies are too stuck in their ways to make the necessary fix. Agencies have to change their business models. Right now, agencies get paid the same amount of money whether their advertising works or not. It’s high time agencies joined the rest of the service industry and became accountable for the work they produce. For instance, they could tie their compensation to performance. If their ads meet certain marketing goals they’re paid more money, if they don’t, they get paid less. Additionally, agencies should make all the creatives and all the account executives partners. That way, account and creative people’s income is directly tied to their clients’ success or failure. In an agency that ties its compensation to performance and all its employees are partners, creatives and AE’s suddenly find themselves working towards the same goals – producing great ads that get results.

by David Smith The Republik

Photo Credit: Unknown via Wikimedia Commons – Licensed public domain

WAITING FOR THE OTHER SHOE TO DROP…

Japanese brand Onitsuka Tiger introduced this year a sneaker vending machine in the UK. Although the idea is not new, Japan has had ’em for a while now, the debut marks the UK’s first sneaker vending machine. More here and here.

“Hmmm, wonder what’s next? Vending machines for cars? Spouses? Pets…?”

by David Smith The Republik

Photo Credit: © Onitsuka Tiger