Showing posts with label marketing innovation. Show all posts
Showing posts with label marketing innovation. Show all posts

Monday, March 9, 2009

Social Media - What are the rules?



Image Credit: Fred Cavazza
Source: http://www.flickr.com/photos/fredcavazza/2564571564/


Click on image to enlarge

On March 1 2009, Skittles gave up their corporate website and replaced it with user-generated content from social websites like Twitter, Facebook, Flickr and You Tube. The result: more than 600,000 fans on facebook, zillions of blog posts and in short, a frenzy amongst netizens or as I call them, "the web-connected". People who are constantly in touch with the virtual world. Just type in skittles social media on Google and you will be bombarded with information on the campaign. The approach is detailed out with screen shots and charts, the pros and cons are discussed in excruciating details and the campaign is praised and shot down in equal measure.

The Result:

Brand Presence - Unprecedented. Check out any of the blogs that come up on your google search. The world "skittles" have more mention than the financial crisis, says one post.

Numbers - Short term sales are likely to be impacted but like in all fads, long-term gains are debatable.

Drawback - Lack of monitoring has resulted in brand abuse in some cases and irrelevant references to the brand in others.

The last point is not very desirable, right? Social Media when used randomly can prove to be fatal for a brand because you don't pay for it so you can't monitor it. It is unearned brand talk and like most things "unearned", quite "uncontrollable" as well.

Television channels seem to have a somewhat handle on the problem. For e.g., when you watch a news program on CNN, they give you the opportunity to blog, email, twitter or facebook it. Then they screen the comments in real-time and only the relevant ones show up on your TV. I prefer the lack of abusive or inane content. Also, if you want the audiences' point of view on a particular subject, opinion polling is a cakewalk. No phone calls, no jammed lines. Just the touch of a button on the screen of your phone or computer.

As with all emerging media, there are no set rules yet and the applications are mind-boggling but instead of dumping the conventional media altogether, it makes sense to use both. Every brand has its unique personality. After all, it wouldn't be very nice if all your facebook page had was comments from other people. You want to say stuff about yourself too!

Thursday, January 15, 2009

Pod-busting, but of course!


In a desperate attempt to engage viewers, more and more TV networks and advertisers are resorting to creative innovation in US. The last couple of years saw a surge in "pod-busting" which was initially restricted to MTV, VH1 and Comedy Cenral keeping their young gadget-friendly demographic in mind. In 2005, MTV invented the concept of pod-busting which proved to be partly successful though not a radical movement. Slowly bigger networks caught on. Now, what exactly is pod-busting?

According to the International Herald Tribune, "This year, for the 2008-2009 television season, the networks are betting on a panoply of "pod-busters" - unconventional content meant to entice viewers to pay attention during the commercial breaks, which are also called pods.

"It's a form of creative insinuation," said John Ford, president at Discovery Channel U.S., part of Discovery Communications. "It's a little Zen-like: being intrusive without seeming intrusive." On the drawing board is a promotion for "Shark Week" during the series "Deadliest Catch," during which digital sharks will leap from the water.


The main types of pod-busters can be classified as below:
  • Minisodes/bitcoms/ micro-series sponsored by marketers

  • Sponsored clips that combine elements of shows and commercials

  • Promos of one program shown inside another program, thanks to digital effects

  • Content of commercial matched to theme of the program (In fact, the buzz word for matching themes of shows and commercials is TV in Context. While it sounds right strategically, it helps in pushing engagement metrics only when done right.)
Examples of pod-busters to help understand the concept:

Turner Broadcasting System, Inc.(TBS) - The cable network started offering "bitcoms" in 2008 — an original comedy sketch involving a brand, followed by its ad.

Sunsilk - The Unilever hair care brand worked with TBS to create Lovebites, a series of two-minute "minisodes" presented by Sunsilk which ended with offers of product samples from the Sunsilk website. This minisodes were aired during "Sex and the City". Yes, similiar content is a major driver in such innovations.

This does not mean that networks are giving up on the conventional 30-sec format which makes up more than 50% of TV advertising. It is cost-effective, it is a standard selling unit and it is very much alive. Marketers are just trying to find better and newer ways to keep the target audience engaged. Not an easy task in these days of TiVos and other DVRs.

If the advent of pod-busters means we will see less of inane logo-driven commercials, testimonials and comparitive ads, then this is definitely the direction of the future. The results are complying. Known for their penchant for pod-busting initiatives, MTV, VH1 and Comedy Central have jumped from -15 percent to -5 percent in their commercial ratings deliveries, according to Adweek of Jan 14, 2009. No mean feat in today's distracting environment and a young demographic with an ever-decreasing attention span.

Is India listening?