by Next Wave Team | Feb 20, 2007 | Advertising, Brand Relevancy, Creativity, Differentiating Your Brand, Everything You Want to Know About Advertising, Great Ad Agencies, How To Select An Ad Agency, Marketing & the Web, Practical Marketing 101, Search and Business, Secrets of Great Advertising, Web strategy
Good content brings good business. At least for The Next Wave. Chief Creative Officer, David Esrati was just interviewed for an hour by Inc. Magazine for their “Smart Questions” column for the May issue.
Our section of this site called “How to select an ad agency” pops up at the top of Google and apparently our insight was more interesting than other results.
There is no magic formula for selecting an ad agency for small to medium sized (Inc. sized) businesses- but there are some do’s and dont’s. Some advice worth taking (as shared with Inc.):
- Read at least a few books on advertising to establish common ground (our booklist should help.)
- Realize advertising is not a silver bullet solution to business problems and that great work takes time to gestate.
- Have a high level of trust and respect for your agency partner.
- Look for passion for your product- David Ogilvy always used his clients products.
- You get what you pay for. “Saving money” by buying your own media, print, trash and trinkets (promotional items) when not specifically spelled out in your retainer agreement might not end up saving your relationship.
- Don’t ever ask for a campaign that “looks just like” your competitors.
- Remember, advertising takes time to get results. Nike has had the same agency from the start (Wieden + Kennedy) - and it took a long time to get from the first ads to “there is no finish line” to “just do it.”
- Make sure both client and agency have shared expectations for the brand/campaign.
- Great advertising can be shown to your mother- without excuses or explaination.
- Don’t separate internet, media buying and creative if you want a consistent brand voice.
There was a lot more, but this is a quick recap. There was no simple answer on what agency compensation should be, we’re still trying to find a balanced solution like every other agency. Look to the May issue of Inc. Magazine to see what made it in.
by Next Wave Team | Feb 14, 2007 | Brand Relevancy, Careers in Advertising, Creativity, Crispin Porter + Bogusky, Differentiating Your Brand, Everything You Want to Know About Advertising, Future of advertising, Great Ad Agencies, Marketing & the Web, Public Relations in the Web 2.0 world, Web strategy
If there is one thing the Internet/web 2.0 thing does, it makes connections.
The idea of six degrees of separation is so, like Web 1.0, now if it’s more than 2 degrees, you’ve got a problem. In fact, that’s the new job of marketers and ad agencies- reduce the gap between the consumers and the brand- make them intimate.
So, an official announcement of sorts: The Next Wave is working with Hogshead Media, the biggest small ad agency in the country. We’re helping Sally Hogshead do web 2.0 magic- and to create that intimate connection between her and her markets. For those of you who don’t know Sally, I highly recommend you bop over to read her bio. Besides working at Wieden + Kennedy, Fallon, opening the West Coast office of Crispin Porter + Bogusky, having her own shop: Hogshead & Robaire, and winning every award known to advertising, she wrote the book Radical Careering which is a great primer on how to jump start your career.
Working with someone you idolize is one thing. But, to make it even sweeter, I got to write the headline for her post about her podcast with Seth Godin. (Note: If you don’t know who Seth is, and didn’t know who Sally is, you probably shouldn’t be reading this).
[update: Seth posted about Sally’s interview here]
Hog Blog » Bald head & Hogshead: An interview with Seth Godin
For those of you not familiar with Seth- I’ve included a picture at right. Yes, he’s bald.
For those of you not familiar with Sally: she’s sort of famous for writing a lot of headlines just to get one right. See her post about Luke Sullivan (another hero of mine) and the 800 headlines.
The post and podcast should be must reads for anyone in advertising. I particularly like this quote from the interview:
“Style and fashion spread through the ad agency business really fast. But they’re very bad at changing what they do for a living, they’re very bad at any form of new media, they’re bad at pushing clients to really dramatically, fundamentally reinvent themselves. What they’re very good at is adopting a new slogan or a new look or a new image. That’s deckchair re-arranging.”
The reason we’re called The Next Wave, Marketing • Innovation, is because we don’t believe that advertising is the solution to sales problems. While we can help with the slogan or image, what we try to do is reinvent the customer/brand experience. It’s one of the reasons we’ve been so enamored with the web, where you can establish meaningful relationships with your customers. That’s what we’re starting to do for Sally, and what we would like to do for you.
The best part of this collaboration: I only wrote 3 headlines to get to the winner.
Now jump over and listen to the podcast.
by Next Wave Team | Feb 12, 2007 | Advertising, Change the world, Everything You Want to Know About Advertising, Future of advertising, Great Ad Agencies, How To Select An Ad Agency, Low Budget Advertising, Marketing & the Web, Media, Practical Marketing 101, Search and Business, Web strategy
A friend in the indy newspaper business sent me this from Editor & Publisher and asked my opinion. She knew I’d have one.
My initial response is that the gene pool needs thinning.
Although most major ad agencies still don’t understand delivery of online ads, or how to build searchable site content- it’s apparent that very few of them understand web statistics- a whopping 84% of advertisers and agencies seem to think you need a third party auditing firm to tell you who hits your own server!
We can save you a bunch of money on online advertising- let us show you how to analyze your results, and continue to build traffic, without having to buy keywords from Google. Organic results are worth more, cost less, and are so easy to attain- if you understand the basics of how this whole thing works.
ABC Study: Advertisers Don’t Believe Online Ads Are Measured Accurately
By E&P Staff
Published: February 08, 2007 5:10 PM ET
NEW YORK Few advertisers and agencies have confidence that their online ad impressions are measured and reported accurately, according to a new study sponsored by the Audit Bureau of Circulations.
In the survey, 84% of respondents say they believe that verification of online advertising activity by an independent third-party auditing firm will become increasingly important over the next three years.
On behalf of ABC, NSON Opinion Research surveyed 270 professionals involved in the buying or planning of online advertising in a Web-based poll conducted between Oct. 24 and Dec. 31, 2006.
“Just as publishers and print advertisers require accuracy and credibility in traditional media information, we’re seeing increased demand for transparency and accountability online,” Michael Lavery, ABC president and managing director, said in a statement.
Ninety-one percent of those surveyed said it’s important to audit ad impressions and delivery while 89% want to see the verification of online traffic.
Other findings in the study: 83% of respondents plan to increase online ad spending in 2007, more than half expect double-digit budget increases.
The age of respondents played a role in the results aswell. The younger the respondent, the more blasé they were about the data. Participants under 25 — 75% of those surveyed — said they trust metrics provided by online publishers while 22% of those 55-to-64 said the same thing.
read more here:ABC Study: Advertisers Don’t Believe Online Ads Are Measured Accurately
The reason online campaigns, advertising and even the good old company website are so valuable is that there is an absolute way to measure what brings the customer to your business, what they looked at, how long they spent with your brand. The intimacy of the connection is up to you to nurture- but, it’s almost as good as having a feed directly from a helmet cam as they walked through your store- after completing an interview about what brought them in.
These stats, when analyzed by a brand manager, can tell you everything a focus group can, only better- since the customers have no idea they are being observed. The key to maximize effectiveness is to have content on your site that includes your competition- so you can also find out what customers thing of your them too.
There are a lot of stupid things being done online right now. Google is laughing all the way to the bank. If you want to keep them happy, don’t pay attention to what we are telling you- the Chief Marketing Officer and Advertising agency gene pool needs thinning too.
by Next Wave Team | Feb 7, 2007 | Change the world, Everything You Want to Know About Advertising, Future of advertising, Marketing & the Web, Practical Marketing 101, Search and Business, Web strategy
David Esrati, Chief Creative Officer of The Next Wave, will be a presenter at:
Web Content 2007 - Chicago Business Conference on Internet Website Content June 18 & 19
Know the State-of-the-Art in Website Content Management
Web Content 2007 is for business professionals involved with creating, organizing and maintaining web content. The two-day conference provides three tracks: content design and access,content development and management and emerging tools and technologies. Each track offers attendees a selection of workshops, case studies, and presentations lead by recognized Internet authorities. Attend all sessions in one track or mix-and-match sessions in any track to create a customized program. Held in an intimate setting in Downtown Chicago participation is limited. Registration is now open. Save $100 if you register before May 4, 2007.
The Next Wave has always been at the forefront of trends in advertising. Our expertise in utilizing blogs as content management tools, and customer information systems created this opportunity for national exposure. Large ad agencies, interactive firms and Chief Marketing Officers still haven’t grasped the importance of search, accessibility, site statistics and community building as key to their online/offline success. We’ve been running our Websitetology seminars for over a year, teaching these methods for creating attention and visibility online. Your group or organization can sponsor a Websitetology seminar in your city, contact us to find out how blogosopher at The Next Wave dot biz.
by Next Wave Team | Feb 5, 2007 | Advertising, Change the world, Creativity, Differentiating Your Brand, Everything You Want to Know About Advertising, Guerrilla Campaigns, Low Budget Advertising, Practical Marketing 101, Public Relations in the Web 2.0 world
Guerrilla marketing started out as a way to get attention when a business had no cash to buy traditional media. Now, it’s what big companies look for when they are trying to make up for bad ad strategies.
Turner Broadcast Systems is probably reconsidering the cost effectiveness of a recent “guerrilla marketing” campaign for its Cartoon Network show “Aqua Teen Hunger Force” where NY agency Interference placed signs that were mistaken for bombs in major cities including Boston.
FOXNews.com - Turner, Interference to Pay $2 Million for Botched Cartoon Network Ad Campaign in U.S. Cities - Local News | News Articles | National News | US News
BOSTON — Turner Broadcasting Systems and Interference Inc. agreed Monday to pay $2 million for an unconventional Cartoon Network advertising campaign last week that caused a widespread bomb scare, Attorney General Martha Coakley announced.
This isn’t the first time that “guerrilla ads” for major corporations have caused more headaches than they were worth. Sony did a graffiti campaign for Playstation portable, and Microsoft plastered a city with static cling decals for a software product with similar bad PR results.
Chalking sidewalks, human billboards, street teams, PR stunts are all pretty harmless and effective tools. And while some may say that this botched campaign got lots of press, it didn’t end up being cheap or positive press for the client. Before considering a “guerrilla campaign” the question one must ask is: how would I feel if someone did this to my mother? My sister? Me? The golden rule applies.
Advertise onto others, as you would have others advertise onto me.
And, if you think you are getting a free lunch- here’s a tip: there is no such thing as a free lunch, just ask Turner Broadcast Systems.
by Next Wave Team | Jan 31, 2007 | Advertising, Brand Relevancy, Change the world, Creativity, Differentiating Your Brand, Everything You Want to Know About Advertising, Future of advertising, Minorities in Advertising
First off, I have to plug one of my favorite guerrilla marketing websites: In Bubble Wrap- www.inbubblewrap.com where a small bookseller, 800 CEO Read, www.800ceoread.com is competing with Amzon.com and Barnes and Nobel, on a shoestring. Instead of spending hundreds of thousands of dollars on advertising, they give away 20 copies of a business book each day to an audience interested in business books. Considering the cost of the books (which they may get as a promotional copies anyway) and the cost of the site and postage, they are getting huge exposure for minimal dollars.
Not only do I have the opportunity to win, I learn something each day about a current business book. Today, the book talked about how Pepsi added marketshare by being the more politically correct marketer, in a day when all the people in ads were lily white.
InBubbleWrap: Pepsi Gave Us Some Jackie Robinsons
In the late 40’s and early 50’s, while Coca-Cola was visibly and enthusiastically supporting Georgia’s racist governor Herman Talmadge, Pepsi’s progressive CEO, Walter Mack, saw a way to make his uphill battle with Coke even out. And to be clear on this, yes, his primary motivation was the pursuit of profit. So, he decided to approve a campaign targeted at black consumers, and at the same time, hired someone to put together a team of all black sales people to push Pepsi on the African-American community. It worked. Pepsi soon became known as a “liberal” soft drink, inspiring entire communities to favor their beverages. Pepsi basically revolutionized the strategies of niche marketing.
Compare this with today’s attempts to connect with “new” markets. Dove has made a lot of noise and gotten a lot of attention with their Campaign for real beauty where they attempt to use models that look more like real women than waifs.
With Pepsi, it’s an example of a company going against prevailing social policy looking for profit. Corporate America now regularly enters political battles by supporting lobbyists and giving to political campaigns- and many hedge their bets giving to both sides. Being more “Green” is a marketing strategy with a political bent, and Toyota and Nissan have campaigned to tell us that many times their products have more American made content than American cars. Looking at “The Pepsi Challenge” I’m wondering if a company is going to position itself as an anti-war company to cash in on the growing displeasure with the war?
The best advertising creates an emotional response within the potential customer- we’ve seen companies wrap themselves in the flag for years- who will be the bold one to question the war first? Or has it been done?
What do you think?
