We are advising the Ontario Securities Commission’s first approved ITO. Go TokenFunder Go.
We are advising the Ontario Securities Commission’s first approved ITO. Go TokenFunder Go.
Okay, um, wow. I am positively blown away by Matt Zoller Seitz’s book, Mad Men Carousel. His sentences are paragraphs, paragraphs are chapters, and chapters an entire work in density not length. I mean this in the best possible way. I never knew that when Don was stopped at the railway tracks, he was contemplating suicide. Or when Betty vomits in their recently purchased automobile it ruins the new car smell and is a form of revenge because Don has stunk up their marriage. Matt brings tons to light.
He schooled me on what is really going on in a series I have watched five times. In viewing, I was enamoured with the historical accuracy and the portrayal of the ad business, specifically the pitches. My last viewing was paired with this book (like martinis and oysters). I would watch a few episodes and then read Matt’s corresponding analysis. Then I would switch the order by reading then watching.
In so doing, I got an incredible amount more out of the stories, characters, and historical context. Matt is incredibly balanced. He calls the series out for missteps and mistakes especially when they appear to back off issues and subjects when they shouldn’t. He acknowledges the complaint of many that, “the series is merely a high-toned soap opera gussied up with period detail and allusions to literature, mythology, and other signifiers of respectability.”
Have you noticed the same handful of businesses lead every brand ranking, are mentioned repeatedly at conferences, and are consistently referenced in books and articles? One cannot escape testimonials to Apple, Coca-Cola, McDonald’s, Harley-Davidson, and Disney. It is if there are only a handful of successful brands on the planet.
Now it seems consumers believe that to be true. Wunderman and Penn Schoen Berland surveyed 2,000 people aged 18 to 65 in the US and the UK, and the findings were consistent across generations, geography and gender. Here is an amazing finding: 87% of US and 85% of UK consumers compare all brand experiences to those they consider the best, such as Netflix, Amazon and Starbucks.
That means when we pick up our dry cleaning, rent a bicycle, or buy a shirt we are judging the experience as compared to ordering a venti cappuccino from Starbucks or streaming Better Call Saul.
After working with tons of brands and consulting to agencies who work with an exponential number of brands I am confident I know what consumers truly want from brands. They demand a solution. A solution that makes their lives easier and more enjoyable. Netflix, Amazon and Starbucks do that.
All that other brand stuff involving authenticity, consistency, and transparency are in the next consideration set. Those considerations are important for sure but when you boil it down consumers consume. Sure, some vote with their wallets if a brand does bad or badly but we buy to satisfy our very selfish needs and wants.
Recently my stepdaughter shared an article called Rise and Shine: The Daily Routines of History’s Most Creative Minds. She is entering the creative and competitive world of acting and writing in film and television. In sharing she could not help but note that I am well practiced in the routines of coffee, long walks, and inebriation (aren’t I the greatest influence?).
All family kidding aside, I struggle with the discipline and creativity required by writing. Writing is so much of what I do now. Branding and marketing requires conveying relevant and different ideas so I have always honed this talent. Now I am writing fiction and screenplays, as well as, ghostwriting for others. I like to think I am getting better at the craft but that does not mean it gets any easier.
Oliver Burkman’s article is a review of Mason Currey’s book, Daily Rituals: How Artists Work. In it Currey notes that Joyce Carol Oats worked the morning, took a big break and cranked up again in the evening. Anthony Trollope set the goal of 250-words per quarter-hour. Meanwhile, Friedrich Schiller could only write in the presence of the smell of rotting apples (for me it’s fermenting grapes).
I like background noise and always have. Since studying in high school and university, the tunes or television have been on. As I type this blog on my computer, one earbud is in place hooked to my tablet where Better Call Saul is in rotation.
The force that was the British Invasion had never been experienced before nor has there been anything like it since. It has been examined for its musical influence which was considerable. What has not been covered is the role marketing played.
There is much to learn from how these bands deliberately and accidentally built their brands. So join us for this magical marketing tour.
Marketing Lessons from the Beatles, the Rolling Stones, the Who, the Kinks, and the Animals
In 1965, The Rolling Stones released (I Can’t Get No) Satisfaction. According to Keith Richards he started the song on March 6th of that year (which happens to be the day I was born). The band was on tour in America at the time. “I’d woken up in the middle of the night, thought of the riff, and put it straight down on a cassette. In the morning, I still thought it sounded pretty good. I played it to Mick and said, ‘The words that go with this are: ‘I can’t get no satisfaction.’ That was just a working title. … I never thought it was anything like commercial enough to be a single.”
The song attracted attention for its implied, risqué content but I always enjoyed the knocks it made against the media, advertising, consumer culture, and materialism. In the lyrics, the radio broadcasts “more and more about some useless information” while television advertisements tease with personal improvement and brand status: “how white my shirts can be – but he can’t be a man ’cause he doesn’t smoke the same cigarettes as me.”
With great irony this stand against materialism launched the Rolling Stones and grew their collective bank account. Along with the Beatles, the Who, the Kinks, and the Animals, they produced timeless songs that continue to attract and keep fans. Make no mistake, these bands are brands and music is their product. If you think they did what they did solely for artistic or altruistic reasons you are wrong.
It has been called the most dangerous title in business and many pundits have suggested it does not work and should be banished. No role in the last fifteen years has been scrutinized and debated more than the Chief Marketing Officer. Businesses have struggled with the title and role since it was first coined not too long ago.
I remember working in Price Waterhouse’s Marketing and Customer Management practice when I first saw it referenced in the mid 1990’s. I think I danced a nerdy marketing jig. My excitement was shared by marketing practitioners who long thought our services were poorly understood, inaccurately recognized, and under valued.
The hope was this executive position would set the record straight and have uber impact within a business. What happened and continues to take place are huge assumptions and unrealistic expectations placed on the CMO that almost always result in disappointment. Of course, I have seen situations and models work but I have witnessed many more fail.
The advertising greats who dominated Madison Avenue in the 1950’s and 1960’s left the industry an incredible legacy. Among the assets passed down and still passionately referenced are their quotes. Taken in the aggregate these bon mots represent key philosophies of business and communication. It is amazing how timeless these musings and lessons remain. Yet, much has changed in the practice of delivering compelling communications.
“Advertising” is too confining a label, consumers play an ever increasing role in how brands define themselves, technologies proliferate at ever greater speeds and we are firmly in the grip and promise of social media. This led me to wonder what the leaders of Madison Avenue would think about social media. So I combed through their thoughts to find relevance and application.
William Henry wrote In Defense of Elitism in 1994. Though the title may come across as pompous the book is actually a rallying cry for curiosity, exploration, and discovery for all. Henry was the Pulitzer Prize-winning culture critic for Time magazine. The book was slammed by critics as a very thinly veiled stab at egalitarianism. In fact, it was an attack on the dumbing down of society. More specifically, it identified the strange path America was on and goes a long way to explaining where it finds itself today.
One passage points out, “Today, even critical books about ideas are expected to be prescriptive, to conclude with simple, step-by-step solutions to whatever crisis they discuss. Reading itself is becoming a way out of thinking.”
Henry was accurate but may have miscalculated how quickly and, to what extent, this has taken hold in society. One only has to see the headlines in once-respected newspapers and magazines or take in the astonishing range of poorly written blogs or view scrolling tweets of perpetuating nonsense to conclude that we are losing the ability to search for, develop, and discover knowledge. This morning I was greeted with the following headlines from various sources “7 Things You Need to Know About …”, “13 Do’s and Don’ts of …”, “The 9 Most Common …”, “Top 10 Tips for …”, “5 Ways to …”.
Warning! This will take longer than 30 seconds to read.
Recently I was at a lunch with an interesting group. Two of the folks were the founders of a start-up and the other two were from an advertising agency. I was present to act as a bridge having been charged with articulating the new entity’s brand. For the next ninety minutes I was highly amused taking in a veritable verbal tennis match between my four lunch mates. At the end, I was more confused by the purpose of the intended business than when I first sat down and said as much.
One of the advertising professionals suggested the founders provide a “30 second elevator pitch”. We were then treated to a string of words that first came across as impressive but really added up to a dense, jargon-laden paragraph of nonsense. I am not sure who chuckled first but it prompted everyone to join in. We all recognized the absurdity of the exercise.
It made me think about the ‘elevator pitch’ concept and the broader, more troubling trend of simplifying almost everything these days. In business this seems to have started with advertising and relates quite closely to radio and television advertisement lengths. The thought being, if you could not get your message across quickly there was something dreadfully wrong.
Now brief, staccato-like messaging has become the norm in communications. This is attributed to the growing number of messages people are subjected to and the range of technologies that carry them. Experts claim that people’s attention spans have dramatically shortened as a result. So logically, somewhat ironically, and hopefully not irreversibly, what we communicated got shorter too. Read more
Last week I visited my hometown of Winnipeg. Following a long walk along lovely Wellington Crescent to the city’s sprawling Assiniboine Park I stopped at a Starbucks. My small Pellegrino, a grande coffee and oatbar totaled north of CDN$10.00. No big surprise.
While soaking up the sun on the patio I spotted a gent who purchased a venti-something. He carried a bag containing two or more bottles from the provincial liquor retailer (we have a different system of selling in Canada). He wandered off the patio to smoke a cigarette at a respectable distance (it was Canada after all). I absently wondered what his annual spend was on these three habits or vices.
I don’t smoke, never have. Starbucks is a once-in-awhile thing, I have never been hip to the vibe. When it comes to drinking that is a different story, in a bar graph my bar and booze spending would spike. This is no morality tale. I am not preaching the cut of one habit or vice over the other. I am in no position to do so.