BEYOND ADVERTISING-3

This is the last part of the ” Beyond Advertising ” trilogy. The previous two can be accessed @

https://www.khaleejtimes.com/business-technology-review/beyond-advertising

https://www.khaleejtimes.com/business-technology-review/beyond-advertising-2

A Compelling Picture: Our Intended Audience of The Present | Future

As Alicia prepares for bed, she surveys her apartment. She is very conscious of what she buys and why. She buys things with meaning. While she sees less traditional advertising than she used to, she is more engaged with the ads she views. She can connect her purchases to strong creative content created by brands or co-created by brand fans. Though she is exposed to a lot of targeted ads, she feels she is in control of what content she sees. She accepts new brands warily and rarely with a direct entreaty from the advertiser. Instead, she relies on peers and trusted sources for her introductions. She wants brands to challenge her, understand her, inspire her through their content. She seeks stories that move her, excite her, delight her.

Given this scenario, all brands should be asking ” How can we engage Alicia and others like her today?”. When consumers have endless choices of content and screens, plus endless access to information and insights, why should they stop to listen to your message? For every technology designed to interrupt a media experience or a search for information, people will find a way to block, skip or ignore it. And if the interruption is egregious, be prepared to hear it from empowered customers.

Geography is History

I believe that great brands are ” business strategy brought to life “, and deliver a seamless experience across product and service, physical spaces and places, internal culture and communications. Brands like Apple have already set customer expectations and it doesn’t matter if you are a bank, a business consultancy, a retailer or a hotel chain, the message is simple: join up!

A continued focus on a narrow notion of what is currently within the purview of advertising and marketing will threaten the life of a brand and the organisation. Brands are expected to provide the seamless experience that people are taught to expect by each day’s new technology-enabled and insight inspired pace setters. Even the notion of ‘ omnichannel ‘, which is currently limited more to the realm of retail, will work within a larger ecosystem as retail and advertising undergo a fusion.

Divergence to Convergence

In order to reach, serve and stay connected with people in comprehensive, effective ways, advertising’s scope must go beyond its traditional reach to encompass the entire firm. The boundaries between external and internal touchpoints are blurring and will continue to do so. In a convergent world, no person or no touchpoint exists in isolation. Everything is interconnected and interdependent.

Consider the many different ways we now encounter brands on a daily basis- tv, radio, print, online searches, mobile apps, websites, billboards, DOOH ads, branded social media posts, offline and online conversations, personal interactions, web browsing, store design and displays, package design and packaging, conversations with salespeople, in-store promotions. All this is just the ‘ before purchase ‘ exposure followed by interactions with customer service, online help features, surveys, loyalty programs, etc. ‘ post purchase ‘. It is less common for people to encounter advertising head-on. Conversations have become the pathways by which people encounter advertising. 

Something to RAVE(S) about

Most people today think of advertising as an interruption, a distraction, a nuisance, a waste of time. If we could skip or ignore it all, we would. And the lack of creativity is certainly not helping. Advertising as an interruptive act should be gone. Period. As I have been advocating, ” beyond advertising ” could and should be a narrative content that is entertaining, informative, actionable, valuable, value generating and provides an exceptional experience, being a shareworthy story delivered through all touchpoints. It could and should be something to RAVE(S)about:

R: Relevant and Respectful (to Individuals and of Individuals)

A: Actionable (Intuitive & Frictionless)

V: Valuable & Value Generating (Wanted, Needed, Effective)

E: Exceptional Experience (Delight & Inspire)

S: Shareworthy Story (Authentic & Authoritative)

Knock, Knock, the Digital Door

Beyond advertising could and should be something people want and seek out because it provides value. The trouble is nobody opens their digital door to receive an ad. They will, however, invite information across their threshold, if it promises to be of value to them. In the near and not so distant future, the successful advertisers would be those who have stopped treating consumers as many targets, marks, and stats. In an online universe, populated by consumers armed with the desire, the regulatory support, and the technology to be aggressively selective in the choices they make, advertisers will be obliged to treat consumers as decision makers.

Open the Vent: To Relevant

Forrester Research has termed the next few years as ” The Great Race for Relevancy “. New social data with clearer content marking will be interrogated with powerful new algorithms. The movement is from link-based to answers that are algorithmically based, where search engines are computing the right answer. We are already at a point where Google can give direct and accurate answers to questions like: What time is Guess Guess Guess on? Who plays in goal for Manchester City? Who is the favorite to win the next US Presidential election?  What black suits are on sale at Zara?…

Google’s algorithm has improved to the point where it can answer questions that are nuanced, and geo- and time-based. Is the stimulus package working for the economy? Which is Arijit Singh’s best song now? When should I leave to reach Ritz Carlton DIFC by 8 pm?

And very soon, the internet will become an intelligence that will make its current guise seem incredibly dumb and disorganised. We don’t know how we lived without it.

The goal of relevance is to reach specific individuals. General demographics and television time slots no longer cut it when trying to communicate with people who juggle multiple screens and identities (family, work, social roles). Advertisers must get to the basics: Who are you? What are you doing? Where are you? What time is it? Why are you doing it? And how?

Messages relevant to time, location and preferences can be very effective, but they are not sufficient for optimal effectiveness: mood and state of mind must also be taken into consideration, just like the human interaction ” Is this a good time to talk to you about…?”.

Digital media drove a shift in marketers’ budget to ‘ always-on ‘, such as search, display and social. The marketing on-demand world of now and the near future has evolved to be ‘ always relevant ‘. For brands and their agencies, that will require a much more sophisticated and targeted approach to address the ubiquity of touch points so that they can be there at a consumer’s point of need-no matter where or when it is. Massive analytical capabilities invested will help support a brand’s stewardship of their customers information. In short, ads need to answer questions, any time, all the time. 

Don’t find Customers for your Products; Find Products for your Customers

The only asset that gets built online is permission. Permission to talk to people who want to be talked to, delivering, and anticipating personal and relevant messages to people who want to get them and connecting them to one another. That’s all we can build and what we should measure. Not how many people thumbed up some video we made, but instead how many people want to hear from us.

Brands that want to thrive in this space must earn their welcome through the continually refreshed offer of social currency: ideas that people want to share with others.

Next STEPPS

Wharton Professor Jonah Berger in his book Contagious: Why Things Catch On, suggests six principles for developing contagious or shareable, ideas based on his research findings using the acronym STEPPS:

S: Social Currency (make it cool to talk about)

T: Triggers (make it top of mind)

E: Emotion (make them feel something)

P: Public (make it visible)

P: Practical Value (make it useful)

S: Stories (make it tell-able)

The worlds of logic and emotions must be married with all the senses and the muses from music to scents, visuals to touch, virtual to reality. Monetary value motivates consumers to purchase, but it won’t necessarily be enough to motivate them to repeat that purchase, or to recommend an object or service to peers.

Questions

What would happen if authentic and creative stories opened channels of communication with people?

How would people feel about brands and advertising?

What financial and social benefits would be afforded employees and shareholders?

How could advertising be ‘ re-defined ‘?

What if advertisers were named POY (Person of the Year) by TIME Magazine for these transformations?

What if we question the intentionality of our choices, the depth of our kindness and our very belonging as a species on this planet?

Creating RAVES advertising through every touchpoint has the potential for achieving this transformation.

Most positively, we are headed inexorably towards a new era of truth. Truth in what products do, truth in how and by who they are made, truth in the opportunity cost of their manufacturer, truth in performance and yes, truth in advertising.

ENDS

Suresh Dinakaran is the Chief Storyteller at branding agency ISD Global, Managing Editor of BrandKnew and Founder, Weeklileaks. Feedback welcome at suresh@groupisd.com

The Algebra of Trust..

The Algebra of Trust and How the Virtual World is Playing Havoc with it!
We have all noticed that all too often online, feedback descends to trolling and then degenerates to hate on all sides. Why is that? Why does this honourable form of human commentary from one person to another rarely work online?

Fundamentally what has changed is the nature of trust and as trust changes, so do relationships precisely because of how we are hardwired to form connections with people. It is no surprise that trust in the virtual world is very fragile(though easier to establish initially). Feedback depends on trust. In face to face relationships where there is trust, when one side screws up, it would be causing anger, friction, resentment, mistrust to creep in. But, if the connection is strong enough, things can be salvaged, an apology rendered and trust can get restored. Indeed, once restored, the bond of trust maybe even stronger than what it was erstwhile.
It’s different in the virtual world- once trust is threatened, it’s instantly broken and almost impossible to reestablish. People simply move on. Since trust was fragile and on egg shells in the first place, it gets broken at the slightest provocation.
Let’s look at the resident flaws domiciled in virtual feedback. Firstly, there is much less of it because it is harder to give than face to face feedback. Secondly, virtual feedback is much less robust and more likely to cause irreparable harm. And as an extension of that a weaker feedback has far diluted meaning.
Though lacking the unconscious stream of emotional information we receive automatically from other people face to face, virtual feedback, less robust as it may be, still stings- why is that?
We humans are social beings; put us face to face, we share mirror neurons that allow us to match each other’s emotions unconsciously and immediately( more about Neurons and Narratives in a separate post). We leak emotions to each other. Yes. We anticipate and mirror each other’s movements when we are in sympathy or agreement- singing from the same hymn sheet shall we say. And we can mirror each other’s brain activity when we’re engaged in storytelling and listening-both halves of the communication conundrum.
All of that leaking and sharing creates intimacy, trust and connection. It fuels receptivity and interest in other people’s point of  view. There is a quest to achieve this state of human communion. Make no mistake- it’s wrong to think that most humans prefer the solitary life that so much of modern virtual life imposes on us. We’ re most comfortable when we are connected, sharing strong emotions and stories.
The virtual world in stark contrast is much less engaging. This stems from the fact that the forms of the virtual world lacks the emotional information we crave. With this we can segway into another critical aspect of the virtual era that has high premium written all over. The issue of authenticity. More on it at a later date in time.
As an aside: Do you think Twitter needs a crash course in Anger Management? It is said that your audience is the product– just a polite enquiry… ( Well it’s for a different discussion!).

ENDS

https://www.groupisd.com/story

https://www.brandknewmag.com

https://www.weeklileaks.com

The CMO’s wish list for 2018: An evolving list…

A lot of us are now on the drawing board mapping out ways to get better in 2018. The fundamentals are not going to change- reach, connect,engage, influence, transact and all of that- but what could we do to better stimulate the landscape as we get set to welcome and take on the New Year. Here’s a partial(and ever evolving list):-

a) A new BHAG of tricks: Nothing brings together a team like a BHAG — a Big Hairy Aggressive Goal —without enough time to deliver it. Backs to the wall brings out the best in us!

b) Am not alluding to the fact of disrespecting the organisation chart but don’t obsess over it on paper.Instead, get the right people, the right goals and vitally, the right trust in place.

c) And for all the HeRoines and HeRoes in HR, recruit with an immersion, not just an interview. Align passion with goals.Basic, yes! Hire marketing leaders with general management skills to ensure results exceed individual contribution.

d) When things are working well, that is the best time to deconstruct your strategy and try new things.

e) If you are in a new category where your customers need a lot of education and support, your organisation needs to be built around education first and products second.

f) Extend your approach to marketing beyond “getting a message out there”; focus on building trust.

g) Don’t overcomplicate marketing. At the end of the day, it’s still marketing: Market Research, Content, Sales enablement, Awareness, Demand generation, Partnerships, Customer retention.Customer advocacy.

h) When you’re the underdog in your industry, hire people with the DNA to creatively leapfrog the competition, not follow the industry norms. You need to have your Purple Cow(fantastic book by Seth Godin).

i) Own marketing across the organisation. Don’t be afraid to integrate marketers into other parts of the organisation, but always have at least a dotted line back to marketing.

j) Don’t be afraid of data and machine learning. The time is now to put all that data to use to solve the problems humans simply can’t and further the industry. The key is to leverage them as part of your team, not external resources. Data is the (K)new oil as they say! The transition even amongst large enterprises hitherto involved ion B 2 B marketing is happening towards a B to I space(Business to Individual).

k) The best marketing combines data and storytelling. It gives you a way to appeal to the emotional side of people. The Unique Feelings Proposition is what brands need to go after!

l) The future of marketing is in the CeX(Customer Experience). Success comes from knowing your consumers’ passions, being innovative in the way you engage them and having a team that collaborates across all aspects of the customer experience delivery. For consumers, the thrill and purpose of experience has replaced the earlier compulsion for ownership. So ride the opportunity.

m) Marketers will know that The Future of Advertising will be a thing of the past. So, re invent, re engineer, re boot and re calibrate! There is a new customer segment: the Customer Segment of 1. Get ready to reach out to them. Address mindsets, not demographics!

n) As we are all agreeing these days, digital is just as much marketing as marketing is digital. So the two roles have combined, and how! It’s a tell, tell, tell, digitell world.

o) Brands and marketers will recognise the immense power of Transparency and how consumers warm up to brands who are not afraid to stand in their own truth. In a Post Truth world, The Future is Transparency!

Marketing has the power, and responsibility, to inspire the whole company, not just customers. Marketing also has the power to be so much more than the “make it pretty” department.It has the imperative to inspire everyone in the company, not just the people who touch the product.So, let us know our rockets from our launch pads.

For inspiring quotes and actionable intelligence from brand owners and marketing champions, please check this link http://groupisd.com/isd-brochure/

ENDS

www.groupisd.com

www.brandknewmag.com

Image Courtsey: Search Engine Journal