Tag Archives: social media

Are you still the sucker you used to be?

New research was just released that demonstrates a big shift in how consumers buy and what influences their purchase. Traditional ads no longer have the same power to shape consumer opinions as they once did. Amazon (the ultimate cost and quality comparison, along with others) influence consumers more than ever.  The studies were based on the “compromise” effect – (see NYT article below for the full story) are probably now saying to yourself, ho hum… and why is this news?  Well, it took a while for the establishment to document what most of us already know and practice organically.  However, some of the results of the study suggest that digital feedback in the digital world allows marketers to see what works and what doesn’t – what messages are influencing customers and which ones aren’t.  And they can make adjustments accordingly…and very quickly.  This is all very well and good, and excellent support (although the writers and researchers don’t see it from the customers’ point-of-view, so they are still missing the point) for my position that customer-focused information and insight right from the beginning…pre- advertising/marketing/PR efforts and spending, is more valuable than measuring what works after you’ve spent all that time, money and effort and then correcting it.

http://www.nytimes.com/2013/12/08/business/theres-power-in-all-those-user-reviews.html?smid=pl-share

 

Sandra Holtzman teaches CEO 035: Licensing.
She is the author of Lies Startups Tell Themselves to Avoid Marketing.

EduTech Day: Building for the Future

Fifth Annual EduTech Day at FIT
Thursday, November 14th
9am-4pm
The Great Hall & John E. Reeve’s Conference Center
Fashion Institute of Technology, New York, NY

Edu Tech Day 2013 flyer

The day will include presentations, panels, workshops, luncheon and book signing by Jason Miles – bestselling author and expert in Pinterest and Instgram!

The Technology Development Team (TDT) in collaboration with The Center for Excellence in Teaching will be holding the fifth annual EduTech Day on Thursday, November 14, 2013. Our theme “Building for the Future” focuses on how we can integrate technology and pedagogy in response to the increasingly complex and diverse environments faculty will encounter academically and students will encounter professionally. This year’s theme is in part responsive to the college’s plan of strengthening the academic core, which will be reinforced while keeping an eye on emerging trends in the professional world. Among our goals are to foster student-centeredness within the FIT community by focusing on collaborative activities. The event will provide hands-on experience linking best practices in education and in professions with current and emerging trends in technology.

EDITORIAL AND PRESS RELEASE – P.R. influence through $$

Brandpsych logo

PRESS RELEASES BY PUBLIC RELATIONS COMMITTEES lead to content that functions like press releases but are paid-for in so-called NATIVE ADVERTISING. Here are some vital questions to consider:
Is a brand’s PR’s use of mobile media a sign of authenticity?
Will media have explicit editorial surveillance for a press release content that is paid for?
Will editorial content now be dominated by press releases in omni-media and omnicon?

Also, if Native Advertising consists of paid-for deals made between PR committees and a variety of media, how will reward advertising affect authenticity? Will the significant audience care – as long as they are rewarded? (see our July 2013 blog on Native Advertising.) (reward-based advertising rewards consumers for interacting with branded-content in their favorite mobile apps.)

Considering these new forms of PR content, what will editorial content become? Will it lead to an erosion of inconvenient factual positioning found in Brand Marketing Communications?
Will the PR factions of Brand Management actually create “contracts” between Brands and Media? Will the media be receptive to this idea as it changes the role of gatekeeper — to what exactly?

drawing by Art Winters
drawing by Art Winters

Now that we have omni-tweets and facebook updates and e-mail blasts, what will the consumer believe is the real story of the brand’s positioning, its image and meaning? A significant answer to this question is in the changes in marketing communications. We now have so many more methods of messaging and outlets for those messages: e-books, infographics; blogs, social media, email newsletters, webinars, … , not to mention, the traditional media that still exist.

These can be effective especially when they are a creative part of a brand’s PR and marketing campaign strategy. News outlets still need connections with the people and stories behind the brand.

The press release that was, is still useful. However, it is so much changed. What is needed now is relevant content that truly involves the receiver. The receivers of press releases used to be the media gatekeepers – reporters and editors… but this has changed due to the advent of social and mobile media, company websites and blogs. And a serious reality in this new age of PR is that the receivers of press releases are now almost any audience … and the harsh reality that content providers must face is that their press release content might never be read!

The evolution in information exchanges now requires a whole new
Brand Think!!

What do you think???

 

Arthur & Peggy Winters co-teach SXB 200 Brand Marketing Communications for Image & Meaning and SXR 050 Intro to Branding: The Art of Customer Bonding.