Archive for May, 2012

The Best Agencies Have Clean Kitchens

Thursday, May 24th, 2012

There is an old video floating around the internet that shows a blind man sitting on a sidewalk in a town square, holding a sign that reads, “Help me, I’m blind”. A few people walk past and throw him some change, but he is mostly ignored by the people around him. That is, until a woman approaches him and rewrites the text on his sign: “It’s a beautiful day and I can’t see it.”

The best brands and marketers approach their customers with the same attitude as the woman who rewrote the sign. Appealing to humanity is almost always the best way to gain favor with consumers. Don’t talk about the problem, or solutions – talk about shared perceptions.

The Samsung vs Apple battle is always an interesting place to look at this concept. Often times we see Samsung commercials touting larger screens, blazing fast 4G, and a bunch of extra storage. All great stuff.  What does Apple show us?

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Consumer Product Brands are Now E-Commerce Brands

Friday, May 11th, 2012

Marketers of consumer goods used to have the luxury of pretending that e-commerce was a nice-to-have capability. But with e-commerce sales more than doubling globally during the past 5 years—and expected to double again by 2014—it doesn’t matter what products are in your portfolio, selling to consumers requires an e-commerce strategy.

Today the battle for market share has expanded from shelf space to mind space, and the new winners have figured out how to engage consumers at multiple points of purchase that increasingly have nothing to do with a brick and mortar visit. Consider these global e-commerce trends:

+ US e-commerce sales will grow 62% by 2016, to USD 327 billion (Source: Forrester, February 2012).
+ European e-commerce sales will grow by 78% by 2016, to USD 230 billion (Source: Forrester, February 2012).
+ Brazilian e-commerce sales will grow 21.9% in 2012 to USD 18.7 billion (Source: eMarketer, January 2012).
+ Chinese e-commerce sales were CNY 780 billion (USD 124 billion) in 2011, an increase of 66% from 2010. E-commerce is expected to rise from 3% of consumption to 7% by 2015 (Source: IDC, March 2012).
+ India’s e-commerce market is expected to grow to USD 70 billion by 2020, from just USD 600 million in 2011 (Source: Technopak Advisors, February 2012).
+ Indonesian e-commerce sales are forecast to grow from USD 120 million in 2010 to USD 650 million by 2015 (Source: Frost & Sullivan, February 2012).

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The SoLoMo Path To Purchase

Wednesday, May 9th, 2012

A funny thing happened on the path to purchase last year – it disappeared. The emergence of the SoLoMo consumer – socially enabled, location-aware, and mobile-device-connected – has turned the path to purchase into a minefield. The marketing funnel is no longer linear – it’s a convoluted mess that changes with every new Pinterest, Path, Shopkick, or Perch. Durable goods brands can create and sustain a differentiated presence by better understanding these consumer behaviors and purchase drivers:

People relate to brands on their own terms

“Don’t tell me, don’t show me, engage me” has become a prevailing consumer mantra, played out millions of times a day in social media and in customer service centers around the world. Consumers, not brands, are in control of the retail experience and the relationships they have with brands. To compete, brands must create interesting, intriguing content. Understand how people want to connect and engage with your brand. Enable people to share content with your brand and their social networks – and nurture these interactions into conversations and relationships based on what people want.

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