I was extremely interested to see some coverage of a research piece between Ziff Davis Enterprise, Forbes and B2B agency Stein Rogan and Partners. The article link on B2B magazine can be found here.
Firstly the findings that a majority of B2B marketers (64%) are giving equal weight to branding and demand gen is reassuring. Over the last 2 years we have found the tech market has shifted heavily towards lead generation, many times at the expense of more identifiable branding initiatives. This is also compounded by a shift to more digitally based, response focused media, often as we know at the expense of traditional media formats like print.
Now don't get me wrong - it's my personal opinion that lead gen and branding are entirely compatible, indeed the assets used to generate leads are often the "deliverable proof" of some higher brand promise (proving a technology leadership position, innovation in the field, improved servicing of a market segment, better customer service, etc).
However there's a mind set question here. In many companies lead or demand gen is operated separately from corporate or brand communications. For marketers to realize the joint goals they set forth in the research, it's going to be critical to see more integration of these two components.
As a second side note the views on mix of media used for branding is fascinating. OOH at 72% and social media at 69% ahead of broadcast and print 68% and 64% respectively bodes well for the OOH industry but really throws up another key point.
Social media is, by it's nature unpredictable. My opinions here could in theory attract negative views from the market and may impact on my company brand. With social being a much more dynamic environment and less controllable, are marketers taking a huge risk by giving it such a huge role in brand development? It absolutely has a role to play. Giving it the right weight in the mix is where the questions lies.
These are interesting and highly dynamic times. B2B marketing departments and service companies as well as publishers are indeed set for exciting changes. The real winners will be those that get the media mix right and successfully integrate all the components. That change will need to start internally, with bigger broader campaign initiatives, real vision and use of appropriate metrics.
Thursday, September 24, 2009
Thursday, September 17, 2009
Going Green - coming of age?
You cannot expect us to be based in Berkeley, California and not have an interest in the green space. It's part of the DNA of the region and infused within the local culture.
With this in mind it was nice to attend this weeks Going Green 2009 event and get an update on how this sector of the market is developing. The Going Green event is predominately an opportunity for green tech companies to network with potential investors and for industry experts to discuss the issues driving new innovation and change.
Two sessions were particularly interesting to me - "Terrawatts of Solar" and "Urban Development". The solar experts discussed the issues around industrial scale delivery of solar for grid electricity and highlighted the issues blocking this. Incredibly second to financing and ROI (which is a huge obstacle) the next one they noted was "environmentalists". Ironic I thought that legal protests from those protecting habitats would delay a technology that could save the planet!
The "urban" panel drew attention to the difficulties of executing on major renovation/modernization projects like Boston's "Big Dig", Seattle's tunnel project and London's Cross Link Railway. Most noted that going underground was in most cases the only option left without massive disruption to existing infrastructure, while again the cost and political will was always a challenge especially for publicly funded and managed projects. In many cases providing an infrastructure upgrade necessary to facilitate the "greening" of a city (less traffic, more pedestrian areas, more mass transit, bike lanes, etc) simply are never going to get the financial support. Money it seems is the stumbling block to so many green initiatives.
Finally a very important theme came through about who controls the future of green tech success.
The US is simply a terrible industrial environment to realize the change needed to help green tech succeed. Let me qualify that - in terms of innovation it's all happening here and to an extent in Europe too. But and it's a big BUT - the commitment required to actually realize the technology and bring it to market only exists in one market - China. The economy and commitment in that market is geared towards the long term. We all know green innovations and change pay off long term but US culture now thinks short term, quarter to quarter and so to thrive, green tech must utilize China's phenomenal industrial might. The downside of this...an ever faster leaching of intellectual value from the US to China and even greater reliance on one economy to provide long term global solutions.
Bottom line - the world needs a strong US/China relationship, perhaps more now than ever before. Only then will green tech really come of age.
NOTE - Just Media have handled media campaigns for Solar City - targeting residential customers and encouraging installation of solar systems for the home; Applied Materials - running a global campaign promoting Applied's solar manufacturing equipment and San Francisco Environmental - promoting recycling habits amongst city residents and business.
With this in mind it was nice to attend this weeks Going Green 2009 event and get an update on how this sector of the market is developing. The Going Green event is predominately an opportunity for green tech companies to network with potential investors and for industry experts to discuss the issues driving new innovation and change.
Two sessions were particularly interesting to me - "Terrawatts of Solar" and "Urban Development". The solar experts discussed the issues around industrial scale delivery of solar for grid electricity and highlighted the issues blocking this. Incredibly second to financing and ROI (which is a huge obstacle) the next one they noted was "environmentalists". Ironic I thought that legal protests from those protecting habitats would delay a technology that could save the planet!
The "urban" panel drew attention to the difficulties of executing on major renovation/modernization projects like Boston's "Big Dig", Seattle's tunnel project and London's Cross Link Railway. Most noted that going underground was in most cases the only option left without massive disruption to existing infrastructure, while again the cost and political will was always a challenge especially for publicly funded and managed projects. In many cases providing an infrastructure upgrade necessary to facilitate the "greening" of a city (less traffic, more pedestrian areas, more mass transit, bike lanes, etc) simply are never going to get the financial support. Money it seems is the stumbling block to so many green initiatives.
Finally a very important theme came through about who controls the future of green tech success.
The US is simply a terrible industrial environment to realize the change needed to help green tech succeed. Let me qualify that - in terms of innovation it's all happening here and to an extent in Europe too. But and it's a big BUT - the commitment required to actually realize the technology and bring it to market only exists in one market - China. The economy and commitment in that market is geared towards the long term. We all know green innovations and change pay off long term but US culture now thinks short term, quarter to quarter and so to thrive, green tech must utilize China's phenomenal industrial might. The downside of this...an ever faster leaching of intellectual value from the US to China and even greater reliance on one economy to provide long term global solutions.
Bottom line - the world needs a strong US/China relationship, perhaps more now than ever before. Only then will green tech really come of age.
NOTE - Just Media have handled media campaigns for Solar City - targeting residential customers and encouraging installation of solar systems for the home; Applied Materials - running a global campaign promoting Applied's solar manufacturing equipment and San Francisco Environmental - promoting recycling habits amongst city residents and business.
Labels:
agency,
applied materials,
berkeley,
green technology,
media buying,
solar
Thursday, September 10, 2009
Wow what a ride!
I was staggered to see that my last blog post was back in May. In some ways that reflects the internal shift in focus required by all during what was some massive upheavals within both the media industry and our own company. It's nice to finally come up for air.
I guess everyone who works in this industry has felt the effects. Layoffs have been abundant in media companies and across the board we have witnessed adjusted business models, pricing structures, staff skill sets and services. Ultimately organizations have been forced to reflect upon their own best practices. Change has been the most common theme over the last 6 months.
Just Media was no different. We lost two key staff members - long term employees who we miss greatly. But when client spends drop - in some cases by 90%, any organization needs to adjust to survive. Thankfully we are now back hiring again and able to take advantage of some great talent to boost our teams expertise. Adding new blood is a fantastic way to re-energize - new ideas, different experiences and fresh thinking - challenging the conventional thinking and creating new angles to attack and deliver upon existing client goals.
Client wise it's also been a roller coaster ride. Early signs in 2009 showed big budget cuts and the inevitable shift of dollars to ROI and lead gen - almost to the exclusion of all other media activity. That's tough for all. Small budgets as we all know don't take less time to manage. I lost count of projects that got planned only to get cut at the last minute when quarterly figures didn't match expectations. That frustrates everyone - clients and agency - everyone feels like they are stuck in the mud with wheels spinning.
However in the last few months things have changed. We have picked up some major wins - Hitachi Data Systems, Trinet HR services, Juniper Networks, Webroot and Stephens Bank - and whats interesting is that ALL are asking for assistance to develop strategies, plan and run branding and awareness campaigns. A return to true marketing perhaps?
So as analysts predict an end to the recession, companies appear now to be rushing to claim market and mind share from competitors. All realize the window for this is short and anyone who is sleeping now will miss one of those rare post recession openings to win and win big....
Maybe the real ride is only just beginning - buckle up....
I guess everyone who works in this industry has felt the effects. Layoffs have been abundant in media companies and across the board we have witnessed adjusted business models, pricing structures, staff skill sets and services. Ultimately organizations have been forced to reflect upon their own best practices. Change has been the most common theme over the last 6 months.
Just Media was no different. We lost two key staff members - long term employees who we miss greatly. But when client spends drop - in some cases by 90%, any organization needs to adjust to survive. Thankfully we are now back hiring again and able to take advantage of some great talent to boost our teams expertise. Adding new blood is a fantastic way to re-energize - new ideas, different experiences and fresh thinking - challenging the conventional thinking and creating new angles to attack and deliver upon existing client goals.
Client wise it's also been a roller coaster ride. Early signs in 2009 showed big budget cuts and the inevitable shift of dollars to ROI and lead gen - almost to the exclusion of all other media activity. That's tough for all. Small budgets as we all know don't take less time to manage. I lost count of projects that got planned only to get cut at the last minute when quarterly figures didn't match expectations. That frustrates everyone - clients and agency - everyone feels like they are stuck in the mud with wheels spinning.
However in the last few months things have changed. We have picked up some major wins - Hitachi Data Systems, Trinet HR services, Juniper Networks, Webroot and Stephens Bank - and whats interesting is that ALL are asking for assistance to develop strategies, plan and run branding and awareness campaigns. A return to true marketing perhaps?
So as analysts predict an end to the recession, companies appear now to be rushing to claim market and mind share from competitors. All realize the window for this is short and anyone who is sleeping now will miss one of those rare post recession openings to win and win big....
Maybe the real ride is only just beginning - buckle up....
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