Archive for the ‘marketing’ Category

New Custom Magazine for Senior Marketers to Debut Friday

by Michelle O'Hagan

ORANGE magazine to share insight and opinions about custom publishing, branding and integrated marketing programs.

CHICAGO—Imagination Publishing, a custom publishing agency, on Friday will debut a new custom magazine, ORANGE, to be distributed to senior marketing executives internationally.

The custom magazine, and its companion microsite, will share the magic of why custom content is the most powerful marketing tool for creating audience engagement.

“ORANGE magazine fills a void for CMOs; it goes way beyond the content in most marketing and advertising industry publications, says Jim Meyers, president and CEO of Imagination Publishing. “It covers cutting-edge issues developing around custom content, and positions custom publishing as a critical part of an integrated marketing strategy.”

ORANGE, a custom published magazine for senior marketers, from Imagination Publishing
ORANGE, a custom published magazine for senior marketers, from Imagination

The inaugural issue of ORANGE includes interviews with leaders at the Berlin School of Creative Leadership; Chris Brogan, co-author of New York Times best-seller “Trust Agents;” Anna Malmhake, VP of global marketing for The Absolut Company; Jeremy Gutsche, founder of Trendhunter; and Martin Lindstrom, author of “Buyology: The Truth & Lies About Why We Buy.”

Online-exclusive content includes interviews with international pollster John Zogby and Ruy Teixeira, senior fellow with The Center for American Progress.

ORANGE’s original content and striking design demonstrate a custom publishing program at its very best. The publication’s masthead describes it as “both inspirational and aspirational, and sometimes confrontational.”

One department, titled “Buy This Idea,” features complete concepts for new custom content packages, along with a suggested ideal sponsor for each.

“Imagination has been a leader in custom publishing for fifteen years,” Meyers says. “With ORANGE, we’ll share our knowledge, insight and opinions with senior marketers around the country through our own ideal custom publishing program.”

To learn more about ORANGE magazine, or to request a subscription, visit www.imaginepub.com/orange

Tradition

by Joel Witmer

Via Consumerist.

Marketing In A Recession

by Joel Witmer

New Yorker financial columnist James Surowiecki discusses the possibilities made available to bold companies who don’t shy away from marketing their products and services during a recession.

[N]umerous studies have shown that companies that keep spending on acquisition, advertising, and R. & D. during recessions do significantly better than those which make big cuts. In 1927, the economist Roland Vaile found that firms that kept ad spending stable or increased it during the recession of 1921-22 saw their sales hold up significantly better than those which didn’t. A study of advertising during the 1981-82 recession found that sales at firms that increased advertising or held steady grew precipitously in the next three years, compared with only slight increases at firms that had slashed their budgets. And a McKinsey study of the 1990-91 recession found that companies that remained market leaders or became serious challengers during the downturn had increased their acquisition, R. & D., and ad budgets, while companies at the bottom of the pile had reduced them…

When everyone is advertising, for instance, it’s hard to separate yourself from the pack; when ads are scarcer, the returns on investment seem to rise. That may be why during the 1990-91 recession, according to a Bain & Company study, twice as many companies leaped from the bottom of their industries to the top as did so in the years before and after.

Interestingly enough Kellogg, the cereal company, established its market dominance during the Great Depression when it doubled its advertising budget while Post, its leading competator at the time, cut its own ad budget. Since then Kellogg has been the best selling cereal company in the United States.

Custom Media Works for Financial Services

by Michelle O'Hagan

Need practical advice about running a small business? “Business Insight Series” is an extensive video library Imagination created for Wells Fargo Small Business. It’s yet another example of a financial services company using custom media to reach its target audience.

Wells Fargo Business Insights
Wells Fargo Business Insight Series

The Business Insight Series contains more than 60 videos providing advice and expertise to Wells Fargo small business customers. Some of the videos are one-on-one episodes with an interviewer and a small business expert; others are case studies/profiles of Wells Fargo customers who share their success stories. The library also includes short clips from the longer 40-minute webcasts Imagination produces for Wells Fargo.

The “Business Insight Series” video library is a unique offering Wells Fargo provides to customers — a valuable resource for small business owners.

$300,000 for 3 Seconds

by Joel Witmer

From the WSJ:

As the Super Bowl nears, Weatherproof Garment Co. is hoping to use the big game’s hefty advertising price tag — about $3 million for 30 seconds — along with the recession, to draw attention to itself. Weatherproof is proposing to divvy up a single 30-second spot with nine other corporate marketers, with each company paying $300,000 for three seconds of TV time.

If the primary aim of advertising is to raise brand awareness it’s certainly reasonable to think that mission could be accomplished in three seconds just as easily as it could in thirty. How long does it take to make an immediate impression? Done creatively and boldly, three seconds could be ample time for a good ad. The benefit of those extra 27 seconds is not so much more time for that signle impression as it is more time for people to notice your ad — and thus increase the likelihood of more impressions. When your ad is only three seconds long you risk people missing it.

Making Money from twitter

by admin

This article from the Venture Beat has been making its way through the ‘twitterati,’ with much excitement. It’s easy to see why. Web 2.0’s Achilles heel is that many of its limbs haven’t been easy to mine from a revenue perspective because a fair number of organizations jumped in without putting much thought into using Web 2.0 and social media tools in a manner that supported/augmented their existing business model, organizational structure or business objectives. Clearly, as the Venture Bear article indicates, Dell did.

The lesson: you can make money from tools like twitter, if you make room for tools like twitter in your approach.

Branding in the Socio-sphere

by admin

Now that the novelty is (kind) of wearing off for facebook, twitter seems to be the next ‘big’ thing in the world of social media.

Without missing a heartbeat, analysts and afficionadoes alike are arguing about the value of twitter for brands, as they in this post on Mashable.

At the recent Search Engine Strategies conference I attended in Chicago, this topic came up with reference to social media strategies in general. The prevailing sentiment seems to be that squeezing a brand’s identity into a social media tool/platform is kind of like moonwalking at your kid’s prom. Not very cool.

The primary reason for this is simple, in my opinion: the rules of engagement, and the structure of interaction in social media is different to the ‘marketplace’ as it was known before. While billboards and print ads presented static representations of the DNA of brands, the Web allows for more dynamic representations. Rather than simply present air brushed images of brands protected from the opinion and voice of the consumer, the Web wants the perspectives behind the brand in real time with a slight difference.

Unlike the past, users/consumers no longer want to see the brand represented the way it always is, i.e Apple as the ‘cool’ guy, or Ford as dependable. They want to see that brand identity as it manifests through the thoughts, opinions and interests of its creators and administrators. So rather than converse with a corporate employee whose sole task is to market a company, users want to hear from a Steve Jobs or a Bill Gates to see what he reads and shares. It adds a certain dimenson that can’t be created through advertising or marketing, but in a sense it’s the best form of advertising or marketing because it creates a unique relationship between users and brands.

So where does this all lead? In my opinion, back to the basics. If brands want to integrate new, social computing platforms and techniques into their outreach (be they auto companies, newspapers, magazines, or associations) the first and most important step is developing a complete strategy that outlines how elements like twitter, facebook, commenting etc fit in with respect to both audience/user needs and in terms of overall business objectives.

Buyology

by Joel Witmer

Informative segment from yesterday’s “Talk of the Nation” on neuro-marketing with Buyology author Martin Lindstrom.

Online Advertising During The Recession

by Joel Witmer

From The Economist:

This week eMarketer, a market-research firm, predicted that online-advertising spending in America, which makes up about half the global total, will increase by 8.9% in 2009, rather than the 14.5% it had forecast in August. The firm thinks search advertising will grow by 14.9% and rich-media ads by 7.5%, whereas display ads will grow by 6.6%. In short, online advertising will continue to expand in the recession—just not as quickly as previously expected.

The Effectiveness of Spam

by Joel Witmer

Key findings from a new study on the effectiveness of spam:

“After 26 days, and almost 350 million email messages, only 28 sales resulted,” says the research paper.

Yet even with this apparently abysmal response rate of less than 0.00001 per cent, the researchers still estimate that the controllers of a network the size of Storm are still bringing in about $7,000 (£4,430) a day or $3.5m (£2.21m) over a year.

For more on spam, check on this great article from the New Yorker. A quote:

Spam’s growth has been metastatic, both in raw numbers and as a percentage of all mail. In 2001, spam accounted for about five per cent of the traffic on the Internet; by 2004, that figure had risen to more than seventy per cent. This year, in some regions, it has edged above ninety per cent—more than a hundred billion unsolicited messages clogging the arterial passages of the world’s computer networks every day.