Tag Archives: Marketing and Advertising

January 27, 2015 · 4:07 pm

Trust These Numbers

The folks at Edelman are out with their latest Trust Barometer and the results are interesting. Of course, one can ask “why are they important?” As the study’s sponsors put it:

Trust is a forward-facing metric of stakeholder expectation. It is an asset that institutions must understand and properly build in order to be successful in today’s complex world.

I agree. So what did they find?

The study surveyed 6,000 “informed publics” aged 25-64 across 27 markets, finding that online search engines are now the most trusted source of general news. Search also widened its lead over newspapers and TV as the first source for general information and the source used by most to confirm and validate news.

In other words, what you and I might consider as traditional media sources of news and information have fallen behind search engines.  Not surprising in some ways since the “always on” version of traditional media is skewed one way or another with respect to how things are reported. The issue with search is “garbage in – garbage out“.  While algorithms tend to give more weight to “credible” sources such as the same traditional media outlets we might discount on other platforms, many of the highly read digital sources pop up on search engine result pages on an equal footing.  The obvious issue is that many of the newer outlets offer as much quality control as a blind man in a paint factory.

That said, once you become a source, you stay there:

  • Friends and family (72%) and academic experts (70%) are the most trusted sources of information consumed by informed publics on social networking sites, content sharing sites, and online-only information sources. Informed publics are almost twice as likely to trust content created by companies they use (60%) as content from brands they don’t use (32%).
  • 8 in 10 informed publics have chosen to buy products and services from a company they trust during the past year, and 68% have recommended them to a friend or colleague.

So whom do you trust?  More importantly, what are you doing to cultivate trust among your stakeholders?

 

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January 22, 2015 · 9:44 am

To Whom Are You Speaking?

Everywhere one turns these days there is content. In the old days that content was sourced from entertainment or news organizations which had the consumer’s tastes in mind. After all, the program distributor paid the content creator based on how many eyeballs that content could attract.
Lately, of course, everyone is creating content. You, me (that’s what this is!), and brands. I don’t really have an issue with that. The digisphere is a bully pulpit with room for lots of us. There is something with which I do have an issue, however.

Content assembled by brands comes in two forms. One is the advertising many of you have been trained since birth to avoid. The other is that “branded content” that shows up via “content marketing.” No, not another rant on that subject – I’ve bored you to tears with them already I’m sure. This rant is different.

Here is a tidbit from the folks at Corporate Visions:

More than 70% of respondents do not follow a clearly defined message development process within their organization, while a 10% reported they aren’t sure what their company does at all.

In other words, chaos. Into that vacuum usually steps some well-meaning sales-type who pushes the messaging toward “sell.” This is company-centric messaging. I can’t imagine anything more boring to most people. “We’re better because blah blah blah”. Boring.

Smart companies that have their message creation together do customer-centric messaging. They focus on identifying customers’ and prospects’ unconsidered needs.  They’re there to inform, to entertain, to listen, to help; not to sell.  They’re speaking to the consumer, not at them.  They’er certainly not speaking to their own needs or to make themselves feel as if they’re got the message out there.

So to whom are you speaking?

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January 13, 2015 · 11:50 am

Hitting The Bullseye

I spend a lot of my day working with clients on tech.  If it isn’t about how to implement the latest and greatest platform in other marketing efforts, it is about using the data we’ve gathered via web, social, and other business analytics to improve tactics and guide strategies.  We look at a lot of numbers and at a lot of methods with which to gather more.

One of the things I feel it’s critical for me to do is to play the role of a Cassandra of sorts – to see the future but to hope I’m believed a lot more than was the figure from mythology.  The one thing I keep “prophesying” to them is that we can stay on course and out of trouble if we keep our eyes focused on the customer.  They can’t become just aggregations of data.  They’re not just numbers.  They are the reasons why we’re in business.  They have names, faces, significant others and maybe even children.  They’re us!

Much of the ad and marketing technology today has little to do with the customer.  You might think that odd since much of it is based on getting to know the customer on a very granular level.  That’s true, except the focus is on the technology and data, not on the customer.  Thinking about social media is important but only after we’ve spent time thinking about the customer.  Are they on social platforms?  Why?  What are their expectations when they use them?  How do they want to interact with brands in that space, if at all?  Sure mobile is important but a discussion of mobile apps needs to begin with an investigation of how your consumer base behaves on that platform.  “Build it and they will come” is tech centric, not human centric.

Start with your business objectives and your consumer needs.  Move to technology and data after that.  The consumer is the bullseye, not the platform.  Thoughts?

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