Wednesday, July 10, 2013

Don't dismiss the value of content and messaging

Marshall McLuhan coined the phrase, "The medium is the message." In media theory, he proposed that the subject of focus should be the media's characteristics--not the content it carries--as it is those characteristics that influence how society perceives the message.

I won't get into a sociological dissection of Professor McLuhan's theory. I do feel that medium and message are important. You must factor both while conveying a message and trying to solicit a response from your target audience. 

I'd like to focus on the "message" portion for a moment, however.

While attending RampUp 2013, I had a discussion with the CTO of an ad platform company. This bloke was sharp, highly-technical and knew his stuff. After our initial introductions, we landed on the topic of messaging.

Off the gates, he (CTO) seemed to dismiss the value of content and messaging; and instead, placed more importance on the product's technology attributes.

I begged to differ. 

A company's product (technical or otherwise) is only as good as how it's conveyed and understood by its customers (users). True, product development is important, but I can almost guarantee that successful companies also understand the importance of identifying a market for that product or service; which, by the way, will need some content or messaging crafted around it. Moreover, the message must not only be clear and concise, but also targeted. It's a balance that content and messaging developers work hard at in order to engage and deliver results. 

At the end of our discussion, I feel we were both more educated; he (hopefully) on the importance of content and messaging, and me on the opportunity to further bridge the gap between IT and marketing.

Do you have a similar IT vs. marketing story or experience? Let's hear about it.

Friday, July 5, 2013

Extraordinary Entrepreneurs Partially Ignore the Experts

Reading and learning often puts me in a quandary. One expert says one thing, while another negates the other expert by saying something just the opposite. Who should I believe?


When it comes to entrepreneurship (and navigating one's career), Reid Hoffmann and Ben Casnocha hit the nail on the head in their book, The Start-Up of You...

"Books and speeches and articles on entrepreneurship proclaim to impart the top rules of the trade. The irony is that the extraordinary entrepreneurs tend to challenge the rules and partially ignore the experts--they come up with their own principles, their own rules of thumb. After all, the way you achieve differentiation in the market is by not doing what everyone else is doing."


True, being experts themselves, one can certainly partially ignore Mr. Hoffmann and Mr. Casnocha. I personally wouldn't given their achievements (and high-caliber book endorsements). Instead, I recommend you read the book. It's a quick read and you may just get inspired (like me).

Do you have a favorite motivational/inspiring book? Join the discussion on Linkedin.

Monday, June 24, 2013

Redbox: An informal brand case study

In a previous post, I indicated that Redbox was an irresistible brand. I want to prove my point further in this post. Below is an email correspondence I had with Redbox concerning an unplayable disc. I rented a movie and halfway through watching it, the picture went ballistic on me. As a result, I was unable to finish the movie.

A few things worth noting...
  • As you'll read in my online inquiry, I didn't ask Redbox to compensate me in any way.
  • Redbox explicitly states a response time of 24 - 48 hours for web inquiries (suffice it to say, their response time was lightning fast)
  •  There were no grammatical gaffes or typos in Redbox's communication.
If you're a Redbox customer, I'd like to hear about your experiences (good or bad). Thanks for sharing!

...Original correspondence starts below...


Recently you requested personal assistance from our on-line support center. Below is a summary of your request and our response.


 Subject
Unplayable Disc
 Discussion Thread
 Response Via Email (JessicaO)06/11/2013 04:44 PM
Hi Giovanni!

I’m sorry to hear that your Blu-ray Disc didn't play properly. If you haven’t already, please go ahead and return it to any Redbox location.

It’s possible that the disc you rented was manufactured after your Blu-ray player. To play new Blu-ray Discs, you may need a firmware or software update from your manufacturer. We encourage you to check the manufacturer’s website or call its technical support team to find out if you need an update, and if so, how to get it.

To apologize for the inconvenience and cover the cost of the rental, I’d like to give you some promo codes good for a free one-day rental of any Blu-ray Disc or DVD of your choice, or a discount on a one-day game rental.

The codes can be used online or at the box and are valid for 45 days from today's date. Only one code can be used per transaction. Here they are:

XXXXXXXX

XXXXXXXX

To use a promo code at the box, touch the PROMO CODE button when you get to the checkout screen. You’ll still be asked to swipe your card to cover any additional days you hold on to your disc. You won’t be billed for your first rental day, but you’ll see an authorization hold that’ll drop off of your account in 5-7 business days.

To use a promo code online or on the mobile app, click the “Use Credits or Promo Code” box on the checkout page, then select “Use Online Promo Code.” You won’t be billed for your first rental day, but you’ll see an authorization hold that’ll drop off of your account in 5-7 business days.

If you have any more questions, please contact us at 1.866.REDBOX3 (1.866.733.2693).

Thanks!

Redbox Customer Care
1.866.REDBOX3
www.redbox.com
 Customer By Web Form (Giovanni Ella)06/11/2013 04:30 PM
I rented Broken City and it played fine for the first half, but I was unable to watch the other half of the movie because it wouldn't play (even after cleaning)...the images got pixilated and distorted. Anyway, thought you should know.

Keep up the great service!
 Question Reference #130611-003143
Date Created: 06/11/2013 04:30 PM
Last Updated: 06/11/2013 04:44 PM
Status: Solved
Credit Card Last 4 Digits: XXXX
What can we help you with?: Unplayable Disc
Rental Location ZIP Code: XXXXX
We are here to assist you with: DVD/Blu Ray/Games Rental





Tuesday, June 18, 2013

Who in the world has a Discover Credit Card?

I've seen my share of Discover Credit Card ads. I've heard them on the radio and seen them online. There's even a billboard off Highway 101.

Discover is certainly not some fly-by-night credit card company by any stretch of the imagination. As a non-member, my perception of their brand is positive. Yet despite these attributes, I'm still hard-pressed to know anyone that has the card.

I've marketed credit cards, so I know Visa and MasterCard are the top dogs. Then there's American Express.

Where does Discover fall in the ranks? According to the Nilson Report, Discover is the fourth largest in terms of market share. Visa, MasterCard and American Express are the top three.

As I look back at how my credit card relationships came into being, I remember that American Express was the first company to give me a credit card (in college). I'm not entirely clear on how my relationship with Visa began; and I've never had a MasterCard.

I'm on a quest to find somebody with a Discover Credit Card. If you have one, what drove you to get your card? What is it about the card that you value most? Thanks for sharing.

Monday, June 10, 2013

Redbox is an irresistible brand



 
Redbox has created an irresistible brand by delighting their customers--certainly not a new concept, but it's one that many brands can (and should) aspire to. This has become a key differentiator for Redbox in the otherwise unsexy space of video rentals. And they consistently delight their customers. Here’s how:

·         Convenience. They’re practically ubiquitous in terms of locations. You can rent titles from your PC or mobile phone and return them at any Redbox kiosk.

·         Service. I once reserved a title online and when I drove to the kiosk location, it was inside a supermarket that was closed for the long weekend. I emailed Redbox and they responded immediately by giving me free rental credits, with no questions asked. How's that for aiming to please?

·         Brand consistency. I consider myself a strong brand advocate. They’re a bit wacky but that’s what makes them even more unique and likeable. They’re frequency of communication is just right and Redbox can always count on me to read all their text messages and emails (perhaps it's because they’re messages are always relevant).

      As of Q2 2011, 68 percent of the U.S. population lived within a five-minute drive of a Redbox kiosk (Source: Redbox corporate information, December 12, 2011). With this many Redbox locations, every night can easily become a movie night.
 





Tuesday, June 4, 2013

Top 10 Digital Thoughts from LiveRamp 2013

I was going to do an additional LiveRamp write-up but stumbled across a post from fellow-blogger Anthony Power of TC Media. Anthony summarized (nicely) what various CEOs discussed during the May 30 LiveRamp Summit. Have a read at his post below...

Top 10 Digital Thoughts from LiveRamp 

Friday, May 31, 2013

RampUp 2013: On Big Data

I attended the RampUp 2013, LiveRamp Summit yesterday. It was held in the Computer History Museum in Mountain View, California. Approximately two-third of the 1,000+ attendees were from outside California.

What is RampUp?

It's an educational forum uniting data, advertising and technology. The purpose of this year's summit is to engage in dialogue around the convergence of offline and online data (Big Data) in digital advertising.

Big Data is one of the latest key buzzwords in the evolution of marketing. Marketers face a fundamental challenge today, as they're inundated by mass amounts of data from every direction. How do marketers transform all that data into actionable information while creating meaningful relationships with their customers?

Big Data is BIG! 

Here's some high-level stats and comments from some panel discussions:
  • In 1970, there wasn't a single iota of data in existence; by 2003, there was 1.5B gigabytes.
  • There's about 5B gigabytes of traditional data being used by major brands today, coupled with another 5B gigabytes of structured data funneling through ad exchanges and social networks daily.
  • Sorting through this mass amounts of data is a fundamental challenge for companies--there aren't enough data scientists to "off-board" all the data.
  • Off-boarding this massive amount of data requires not only science but art--relying solely on system algorithms is insufficient. A human element is needed to factor in the strategic considerations.
Look out for future posts where I'll cover more specific information from the summit including attribution, re-targeting and highlights from keynote speaker Neal Mohan, Google's VP of Display Advertising.