BEYOND Advertising!

Vignettes from A Day In Your Not-So-Future Life

As I walked into the bathroom, the body scanning sensors could tell I had a rough night. Sure enough, looking into the mirror, it displayed an ad for Panadol(extra strength) which was dynamically inserted as sponsor of my morning sports video highlights. In addition, a coupon offer from Nabo coffee was presented along with my daily agenda, which I dropped into my mobile watch.

 

My automated home system had already connected with my Google self drive and ordered me a car. Since I had earned over 1000 points last month based on my social sharing activity, I received an offer to try 3 breakfast items from a sponsor, Tim Hortons, with the caveat to ‘ please share your thoughts on the breakfast with your social network. I devoured the greasy delight while sitting in the backseat of my selfie-car while it drove into the city.

 

The ads that rose from the ether as I looked out of the windows were personalised and behaviorally driven with time and place considered.

 

When I selected quiet, contemplative music for the drive, I wasn’t surprised when the ‘ brought to you by ‘ included a yoga studio and a spa; both offering same week specials if booked within an hour and a voice link to testimonials from ” friends ” within my social network.

 

At the office I entered the Google collaboration holodeck with five others; we connected to the global team(another 12 members) and used voice, text, touch screen tech to share, move, grab, iterate on ideas, designs, models(which we 3D printed) for the proposed E Sports stadium for the Brisbane Olympic Games in 2032.

 

On the way home later I received several invitations to stop or order dinner for home delivery, al, based on known preferences, what I ate yesterday, my bio read for today, with ratings from within my social sphere.I decided on delivery(noodles) and decided, once home, I needed a good laugh, so asked my virtual video concierge for all Academy Award winning comedies of the past decade, along with ratings my friends had given and also asked to see if anyone wanted to co view and connect this evening.

 

While watching the comedy film, I was on Twitter and received sponsored Twitter amplified comedy shorts; both were outtakes from the movie I was watching and ” best of ” clips from the actor’s other work.

 

I ended the day in bed with my e-book reading a few pages to me, along with sharing tomorrow’s weather(brought to you by Carrier) and any key meetings on my agenda( a reminder from Timex).

Bruce Neve, Former CEO, StarcomMediavest Group 

 

What we find compelling about this above extract from Bruce(projected in 2013) is that the vast majority of what he describes is not only possible today, but is being practiced, tested and evaluated for new levels of effectiveness related to traditional approaches by marketers across categories.

 

Going Back In Time

Now the serpent was more crafty than any other beast of the field that the Lord God had made. He said to the woman, “Did God actually say, ‘You shall not eat of any tree in the garden’?” And the woman said to the serpent, “We may eat of the fruit of the trees in the garden, but God said, ‘You shall not eat of the fruit of the tree that is in the midst of the garden, neither shall you touch it, lest you die.’” But the serpent said to the woman, “You will not surely die. For God knows that when you eat of it your eyes will be opened, and you will be like God, knowing good and evil.”

Holy Bible, English Standard Version, Genesis 3:1–5

 

If we assumed this biblical account were literally and historically accurate, we might argue that the serpent was the first advertiser, and this was the very first instance of deceptive advertising. Setting aside that some people would challenge this description’s historical accuracy, others likely would argue that it isn’t advertising—it’s direct selling! Or perhaps it’s public relations. Does that really make a difference? Of course, if the serpent was the first adman, that makes all of us in the industry a professional descendant of the serpent.

 

If we are to look at the future of something, then it is important to correspondingly understand its historical, cultural and anthropological origins. Therein lies some telltale signs and the crystal ball.

 

It is said that the future arrives gradually and then all of a sudden.
We’ve been hearing about the pending “death of advertising” for years, with ever-increasing ads having less and less influence on actual consumer decisions. Today, the up to 10,000 ads we see every day makes each of them less impactful. It turns out that hitting people in the face with a fire hose is actually a bad way to convince them they should take a drink.
The consumer is hard to impress( we could call them ‘ infidels ‘ in some way) and the next decade of advertising relies completely on them buying into our largely tech-driven, utopian vision of making every single advertising message relevant to the receiver. If you consider yourself able to predict the future within any reasonable degree of accuracy, you’ll know that a solid human understanding is absolutely essential.
Over the next 10 years, advertising will move further away from communicating to predicting, and emoting, based on human needs. According to a study by neuroeconomist Paul Zak, three out of eight people now love brands more than their spouses, because thinking of brands releases more oxytocin – the same reaction generated when being hugged. 

Without a doubt, we’re going to witness(or already witnessing) a shift from obsessing over what advertising looks like, to what advertising feels like. As we call it at ISD Global – Unique Feelings Proposition(UFP) is far more significant than the by now passe Unique Selling Proposition(USP).

And for that to happen, advertisers talking will get replaced by advertisers listening. Hearing what the customer is saying will be more important than trying to devise a break-through creative idea. Answering customers’ questions. Right now. Not tomorrow.The individual is the shaper of her own identity and its own online & offline presentation. She is no longer the consumer of the media. She is the medium– the most trusted and personal channel through which content is created, flows, finds shape, and gets presented to the world.

 

The hyper-personalization of advertising will indeed further empower the consumer but it may also save advertising from its oft predicted doom. 

 

In order to develop a future for advertising brands, there could come into existence a Need Bar. The Need Bar would be personalised for every consumer, so as to give her the ability to look for anything she needs at any time.This would result in a brand not only being present in the life of a consumer, but also catering to her every need, from any brand. Inevitably, the future of advertising will incorporate more consumer knowledge derived from the hard sciences such as biology, chemistry and physics, to complement that acquired from the softer sciences of psychology and sociology.

 

The needle is moving. Most advertisers in the very near future(if not already) would have completed their natural evolution from adjacency(stand next to the stuff people want!) to interruption( stand in the way of the stuff people want!) to content marketing (be the stuff that people want!). Enter a new era where brands that do business using a Consumer Era ” marketing as manipulation ” mindset will become irrelevant and superseded by companies that demonstrate a Relationship Era mindset. And, as forces at play lead the Relationship Era to the tipping point of wide acceptance, I believe that marketers will not be known as the scoundrels who spin but rather people with the greatest expertise in crafting authentic relationships– and adding most value to their brands and businesses.

 

What if?

– What if marketers and brands saw their marketing and advertising as an investment and a value creation engine rather than as an expense to be squeezed?

– What if the brands were seen as bringing in not only advertising dollars but also valued content to the media properties and channels they use?

– What if the creative, analytic and strategic genius that lies within the sum total of the world’s media, advertising, digital, creative etc agencies, research firms, ad tech companies, sponsorship, brand placement, – and all other players who ‘ feed off advertising ‘- were given a more inspired briefIncrease sales and leave the world a better place. Come in on budget and be proud to tell your family about what you helped create. Help us, all of us, be in thought, word and deed, create something truly exceptional!

– What if the community were to be expanded to all those whose actions imparted the brand and how it actually came to life for its audience? Not only the traditional stakeholders, but also others who could potentially describe the broader value of the brand and the brand experience in even more creative and impactful ways.

– What if all the ways that brands were brought to life with their potential and current customers were thought of holistically, and resources were allocated accordingly?

– What if every bit of the US$ 780 billion plus paid, earned and owned advertising expenditure around the globe not only resulted in sales and profit, but also resulted in net positive impact on society and culture? What if, in addition, it made a positive impact on the lives of those who were involved in it and influenced| inspired by it?

WHY NOT?

As Albert Einstein famously asserted ” Without changing our pattern of thought, we will not be able to solve the problems we created with our current patterns of thought “.

 

Amid all the changes, “the fundamental things apply as time goes by,” to quote the famous song from the classic movie Casablanca. A kiss is still a kiss, a sigh is still a sigh, and human nature doesn’t change over time. Our obsessive drives to survive, to succeed, to belong and to be loved, to take care of our own—those passions have been heightened by the pandemic, and advertisers and their agencies who are sensitive to those basic needs will create brands to meet them, an act that will always require advertising.

 

Creativity will remain the most powerful force in business, and instead of changing campaigns with every change of a CMO, advertisers will rediscover the importance of consistently projecting a clear sense of purpose and doing so with a distinctive brand voice. Along the way, we’ll learn the difference between an algorithm and a true insight into human nature and the important difference between big data and a big idea.

 

Advertising has been both cause and consequence of social change.Never was it more obvious than since the start of the twentieth century. That, of course, is both a positive and a negative. It is a powerful tool of change, and like any tool, it can be misused. And at times it has been.I have no doubt that advertising will rise to meet that challenge.

ENDS

 

 

 

 

 

 

 

 

 

Pierce The Future Through The Present

There is no greater fear than the fear of the unknown. Strategic foresight and future thinking exist to help tame the imaginary line connecting now and thenCompetence alone is not enough; character and perspective are also required in equal doses. This means that working with the future needs a lot more than hype cycle analyses and predictions about the future of this and that from self-anointed guru-ninja-hackers without any proper training in foresight. Developing strong characters is fundamental to ensuring an ethos of good ancestry

Practising future-back management is critical to enabling breakthrough innovation and leapfrogs when the road ahead seems rather foggy.

Nurturing a sense of perspective becomes the antidote from getting stuck in antiquated ways of working, thinking and behaving. Marketing’s new research and developments can indeed be quite distracting given their high frequency and volume. In trying to make sense of the new and generate brand buzz from it, marketers end up missing out on rather transformational opportunities – those where the future can be more evenly distributed.

This is rather disconcerting since marketers are often some of the most well-rounded and best-informed professionals in their organisations, with a sharp sense of ‘what’s next’. Still, many get caught by the glitz of the novel, instead of putting their energy in the grittiness of the foresight process.

In fact, when it comes to crystalising the definition of the 21st century marketer, Google conducted an experiment that involved interviewing 30 board members from Fortune 1000 companies, having accumulated more than 1300 minutes of audio and over 100,000 words about the role of the CMO (Think with Google 2020), which was then summarised in one long, important paragraph:

“The 21st century CMO is expected to be a marketing miracle worker, an alchemist who combines classic art of branding with the latest advances in data and measurement. All this while you serve as the connective tissue of the C-suite and stay a step ahead of the rapidly changing landscape of digital technology, cultural trends and shifting consumer expectations – things becoming ever more important to the stock price. Customers matter more than ever and, since you’re responsible for them, your role should matter more than ever too. But board members do not seem to have one cohesive definition of the role. 

So, what are you to do?

Internally, steer expectations for your role by defining growth, you have some control over. And recognise that the talent of your team is half the battle to achieving that growth. Hire the best measurement people, because marketing will be held to some metric that is currently beyond reach, and you’ll need them to invent it. There are many ways you can impact revenue – but be prepared to show the ‘I’m indispensable’ maths. And do not forget the most visible CMOs also take big risks. Only three percent of board members interviewed were marketers. Likely, they do not hear you. Listen closely and find the overlap between what the board is interested in and your responsibilities. And, instead of building slides about everything you do, build one slide that puts you in a position to start a conversation around those common interests and goals.”

What is interesting to note is that futures thinking is all over in the paragraph above and yet, nowhere on it. As haiku-esque as a statement, this is the closest to the truth. Strategic foresight and futures thinking are not explicitly mentioned, but implicitly dominate the subtext, with clear emphasis on character, competence and perspective too. Therefore, the opportunity is to nurture the Phewturecast seed, and develop the gravitas required for marketers and their peers to encourage and normalise the allocation of foresight investment. If education is key to opening more doors for foresight, appropriate use of language is the red carpet welcoming the long-awaited guests that can help reshape the future for the better.

For the ambitious marketers out there, this is just the beginning of your futures literacy. Use it and pierce the future through the present. 

BEGINS

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Same Circus, New Monkeys!

The world is going digital at a frenzied clip. It’s gone from being the flavour of the season to being the only reason for brand marketers and CMOs. In this sordid vortex of elation and over glorification with digital being heralded as the manna from heaven, the campaign hits are paraded for the world to see. There is hardly any mention of the innumerable misses that get lost in the wilderness.

Take a look at the average CMO tenure- it’s not going anywhere beyond 18-24 months(with some exceptions of course). If it’s a hit parade through and through on all campaigns, would this be the threshold duration?

So the next time you have a fire and hire issue for a CMO, please do remember what your new CMO will say:-

It doesn’t matter what the problem is..the answer will be:

  • we need to get more digital
  • we need to get more younger

You have a crappy product:

  • we need to get more digital
  • we need to get more younger

You have no discernible strategy:

  • we need to get more digital
  • we need to get more younger

Your advertising is a stupid pile of shit:

  • we need to get more digital
  • we need to get more younger

Your stores are filthy, your people are morons:

  • we need to get more digital
  • we need to get more younger

If you are looking for a marketing job, repeat after me:

  • we need to get more digital
  • we need to get more younger

It seems to be the universal marketing strategy that will get you get employed by any dumb ass organisation. Never mind that you will last only 18 months. Or 24 at best. There is always another sucker(dumb ass organisation I mean) around the corner. That needs your ‘ keen insights ‘.

Agreed we are now in an era where the 4Ps of marketing has seen a shift to personalisation, privacy, permissions & performance- fully respect the merits of these. But it sure does not offer a license to overlook fundamentals like product quality, your advertising content, the customer experience you deliver, the human resources you have and the market insights that drive your R&D. Ideally, could the true CMO combine the traditional 4Ps with the new age 4Ps? What a potent combination that would be!

There is already talk in some organisations around the world about making the CMO position redundant. So, let’s not do our bit to accelerate the demise.

Digitelly yours!

www.groupisd.com/story

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Is true talent shying away from advertising?

It’s episode one of the cult classic Mad Men series and ad-man Don Draper in the climax reveals the campaign idea for Lucky Strike cigarettes ” It’s toasted “. A scene that captured attention and sparked the show’s runaway success. It’s toasted was also a real tagline for Lucky Strike cigarettes, adopted by the brand way back in 1917.

Those were the heady days of advertising– an eclectic mix of craziness, Machiavellian egos, cult personalities, big ideas, mind numbing creative campaigns, wild parties, rock and roll, high profit margins(15% commission days)….it goes on. Little wonder it was the industry that a lot of talent aspired to get into. Made for good conversation piece.

The times they have a changed. Advertising as an industry is no longer the flavour of the season when it comes to attracting top talent. This inspite of being a 560Billion US$ industry worldwide in 2019 and growing over 4% compared to the previous year with N America and Asia Pacific reflecting the maximum growth.

What could have happened especially over the last decade and a half? Let’s examine a few factors:

  • the risk appetite for taking up and executing ‘ big ideas ‘ within the agency set up seems to be on the wane. The increasing role of the CFO in marketing and advertising decisions and thereby ROI first always could be a strong influencing factor..
  • the big shift has happened from ‘ gut instinct ‘ to ‘ data precinct ‘ when it comes to execution of campaigns. Freewheeling thinking seem to have taken a backseat
  • young talent do not get a ‘ sense of self ‘- seniority still upends merit when it comes to prized, exciting projects- if you don’t want us, we don’t want you seems to be the thinking
  • with profit margins in the advertising industry shrinking, remuneration and salaries have taken a beating. Talent is seeking alternate, better paying professions
  • the average tenure of the CMO & Brand Manager has come down drastically. Why stick your neck out when going through the motions will do nicely. The Domino effect is reflected in the freedom(or the lack of it) given to the agency- legacy thinking dominates, not exactly a motivation for talent craving to find their own expression
  • start ups with sizeable venture capital funding have mushroomed all over. They are dabbling in hitherto unexplored territories and using cutting edge technology to harness market potential and become game changers. The natural tendency for talent is to move to areas that are changing, future ready and dynamic
  • alternate,fast growing and better paying professions like entertainment, stand up, v logging, blogging, music etc seems to have taken the sheen away from advertising for the wannabes
  • Digital proliferation and the quest for entrepreneurship are driving many to find their feet and make their own dents in the universe
  • The Big 5 of Consulting are not thinking like the Big 6 of Advertising while clearly trespassing into the domain. New entrants are bringing in new thinking, new possibilities- talent will have to realign

Clearly the advertising industry of the future(if it remains to be called that) and the talent that moves there will certainly not be a thing of the past. When change is the only constant, an industry remaining constant without change is not an attraction. As an US$560billion industry, it has enough muscle to bounce back(as long it does not rely on muscle memory). All the die harders(Bruce included) are willing and waiting!

ENDS

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DREAMKETING

DREAMKETING
We are under prepared. The rant is, that we are still mired in Old Economy, Old Product Thinking. But, we must, in fact all of us, take a cue from the likes of the Virgin Group or Tesla and the likes- and come to grips, strategically, with the fact that Winners in the New Age Economy will be …Masters of the Dream Business.
What would that entail; Totally ‘ insane ‘ schools, hospitals, enterprises, retail..going way way beyond the normal suite of services to be in the realm of impossible made possible dreams.
The stakes are high. In fact billions and billions of dollars. So, lets stretch the narrative here.
Digging back on a presentation that Ferrari North America CEO Gian Luigi Longinotti-Buitoni some years ago in Mexico City. Dreams are his mojo. To quote him from the presentation ” A dream is a complete moment in the life of a client. Important experiences that tempt the client to commit substantial resources. The essence of the desires of the customer. The opportunity to help clients become what they want to be. “
Longinotti-Buitoni preaches the  ” marketing of dreams ” – an idea that he compressed into a word of his own coinage: Dreamketing

To guarantee anything in a world gone nuts is well..nuts. So, suggest we take the leap.

Dear Mr CMO, Dear Finance Head, Dear Ms Retail Store Owner. Get an extended lease on your professional life. I will tell you how. Expunge, excise, remove​​ the terms ‘ product ‘ and ‘ service ‘ from your vocabulary. When either of these two words come to your lips, substitute them with ‘ experience ‘ or ‘ dream ‘. That’s all.

This is not a pie in the sky spiel.​ This is a strong business message being sent out by someone, a very practical businessman who has created and enhanced some extraordinary franchises. So, its worth listening to his argument if you are in sync with the fundamental argument that the call of the hour is Totally New Sources of Value Added..in a Totally New Economy.

To ratify, lets put out a grid of ‘ Common Product V/s Dream Product ‘

Common Product     V/s          Dream Product

​Maxwell House                            Starbucks​

Hyundai                                         Ferrari

Suzuki                                            Harley Davidson

Carter                                             Kennedy

​Connors                                        Pele

New Jersey                                  California​

CNN                                               Game of Thrones

​Nothing wrong with the brands on the left of the grid. Each offers regular, solid, every day​ response to some need or another. On the right though are brands with a dreamlike power that go beyond the realm of mere ‘ need fulfillment ‘.

So, dramatically alter perspective. Do not rest until that project passes the test of imagination(or Dreamketing). Raise the bar. WAY, WAY UP! To become what you or your client wants.

ENDS

groupisd.com/story

brandknewmag.com

weeklileaks.com

Wanting to go from Rant to Rave…

Wanting to go from Rant ​to Rave…
The saga continues. The desperation is palpable. Because, unless it becomes an obsession, status quo is a convenient getaway. So, if you want to come out of the present rabbit hole, let’s look at a scenario of what was and what should be. It surely is a study in contrast for brands and businesses and the CEOs, CMOs leading them and wanting to Stay Relevant. Forge ahead. Survive. Thrive.
Go from ‘ Be ahead of the pack ‘ to ‘ Be ahead of the curve
​Change thinking from ‘ Get big fast ‘ to ‘ Get a clue
Move on from ‘ Size will defend us ‘ to ‘ Size is no defense
Migrate from ‘ Sales to the usual suspects ‘ to ‘ Sales to unusual prospects
Shift from ‘ Maximise revenues from a few big customers ‘ to Maximise ‘innovation ‘ by seeking out ‘ strange ‘ small customers
​Go away from ‘ Benchmarking against ‘ industry leaders ‘ to ‘ Benchmarking against leading edge firms
Change from ‘ Strategic suppliers ‘ to ‘ Fringe suppliers
Shift search from ‘ Reliable employees ‘ to ‘ Rambunctious employees ‘
Hire the gal(guy) from a prestigious school ‘ to ‘ Hire the gal(guy) with a freaky portfolio ‘
Actively move from ‘ Passive board of directors ‘ to a ‘ Pushy board of directors ‘
Change culture of ‘ Bulk acquisitions ‘ to ‘ Buying innovation
A value chain from ‘ Safety first partners ‘ to ‘ Risk ready partners
From ‘ Playing it safe ‘ to ‘ Playing it Weird
Delete the mantra ‘ Cover all the bases ‘ and establish ‘ Burn all the ships ‘
Though not always with a high degree of success, we at ISD Global(https://bit.ly/2Bx33Kj) try to practice the above preaching. We have realised that this kind of thinking comes more naturally to us and sits comfortably in our hearts and minds. Probably, we now don’t know any other way. That ignorance is bliss. Come join the weird. Wired for the unexpected.
ENDS
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Marketing the new ‘Terms ‘ of endearment

Marketing the New ‘Terms’ of Endearment

Over the years, tried and oft used terms in the world of business and marketing have transcended convention. We seem to be in a perennial state of having to come to terms with these terms. Here is the term sheet on that.

Brand Owners, Advertisers and Marketers were once cosy with ‘ Mass Market ‘. Try and reach the maximum audience numbers through mass media. A lot of the times it was about Spray and Pray. Mass Market transitioned to ‘ Mass Customisation ‘ which went beyond one size fits all to one size fitting some. With the advent of Artificial IntelligenceMachine Learning and Data Science, we are now in an era of the ‘ Customer Segment of One ‘, where one individual as an audience is targeted with high degree of precision and success.

The disclaimers have been turned on its head as well. What used to be common place was a term going as ‘ Caveat Emptor ‘ which essentially was to say buyers beware. The entire onus and risk on buying a product or service was all on the buyer/end user. Now, in an over commoditised world, where we have moved on from push and control to pull and engage, where top down has given way to bottom up marketing, what is evident is ‘ Caveat Venditor ‘, where the accountability and responsibility rests fully on the seller. The wheel has gone a full circle.

Not until long ago, brands and their marketing plans were etched out keeping demographic groups in mind. A pre decided age group with a certain buyer persona was carved out and communication was created to influence and impact that community. The universe has changed dramatically. Brand marketers have now started addressing mindsets which throws conventional wisdom out of the window. As they have now begun to chant, RIP Demographics!

Consumer aspirations have taken a twist as well. Yesteryears we had all marketing and communication created to induce brand ownership. With so much millennial consumption happening, the entire paradigm has now shifted to owning experiences. The new brand mantra for marketers is CeX(Customer Experience) and the City. Ownership is passe, experience is the new aspiration.

Remember those days when the quintessential manna from heaven was ‘ brand loyalty ‘. Coveted, treasured, revered. Loyalty was royalty. In an era of surplus of goods, information, choices, services and a deficit of trust, attention and resources, ‘ customer infidelity ‘ has replaced loyalty. Cheaper, better, faster? Here we shift loyalties!

We were just coming to terms with the ‘ knowledge economy ‘ as it moved on from the  ‘ Industrial Economy ‘and before we knew it we were bang in the middle of the ‘sharing/collaborative economy‘. The dust had hardly settled on that and now the entire attention is rooted on the ‘ attention economy ‘. In an age of perennial distraction, attention is the new premium.

Since advent of marketing, and the quest for differentiation, the narrative has revolved around a USP(Unique Selling Proposition). That feature or benefit which makes your brand distinct or unique from other competitors in the eco system.Then came the not so holy communion onslaught- the SOS- Sea of Sameness. Nothing unique, nothing distinct, the herd mentality, the also ran, the me too. Which prompted our research at ISD Global to discover what we have come to label as UFP- Unique Feelings Proposition– where state of the heart is what brands are appealing to win trust, loyalty, mind and wallet space.

Am sure we will have more to chew on as the intersection of consumer behaviour, rapid evolution of technology and the ever changing socio economic landscape will throw up more perspectives that we have to come to terms with. Till then, au revoir.

ENDS

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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

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