Wide Angle

Amsterdam Schiphol Airport, Concourse D and I’m eating Sbarro, drinking a Coke, and overlooking flag carriers from the Netherlands, France, Italy, and the UK. The voice from above announces flight information in three languages – Dutch, English, and the language of the country’s destination. The passengers next to me are listening to iPods singing American pop, heading for Africa.

Whither globalization? I beg to differ.

There was a bit of consternation at the Davos confab earlier this year as to whether the era of globalization was the root cause of the global financial meltdown, and as a result, perhaps it was time to roll back some of that interconnectedness. Nicolas Sarkozy was particularly pungent in his argument to this effect. Granted, globalization certainly hastened the onset of recessionary tendencies the world over; international capital flows have only increased since the Asia financial crisis of the late 1990s sent a minor shock wave through the system. Read More »

Marketers would be remiss to ignore the U.S. political events of the past week. Scott Brown’s upset victory in Massachusetts’ Senate race removed the air of inevitability from health care reform. President Obama’s plan for a tax on the largest financial institutions sent the Dow plummeting 5% across three sessions. As December home resale data proved less than stellar, the administration announced a wind-down of federal support for mortgage rates – potentially a double blow to that sector’s recovery. Let me back up: why should marketers care?

Political affiliations aside, government touches more elements of our consumer-driven economy than ever before. One policy change here, another there, ripples through the system with unprecedented speed (like perhaps, an unintended consequence). If banks feel less wealthy as a result of taxation and more limited mortgage support, the less likely they are to expand credit. Tighter credit, as we saw vividly in the fourth quarter of 2008, leads to lower business investment and greater consumer savings – starting another cycle of money removed from our economy exactly at the time it needs capital injected.

Senior leadership teams don’t want excuses, though. After two years of stumbles, most executives look to 2010 for growth. Yet the number of extraneous variables affecting that potential growth is incredibly high, hence marketers’ collective uncertainty. Just take several possible scenarios that could happen across 2010: Read More »

It’s that time of year again – predictions and “what’s in/what’s out” lists.  Thought I’d jump onto the bandwagon by sharing some of the themes we’re hearing from leading B2C marketers as we ask them “what’s next?” for marketing.  Here are a few of the more provocative ways F1000 executives think your job is likely to change in the decade ahead. Read More »

Click Image to Enlarge Sample "Plan on a Page"

Almost every member I speak to is in throes of planning season, and many are struggling to build plans that reflect a growth agenda as budgets edge closer to pre-recession levels.  In many cases, we see marketers try to make up for lost time, sprinkling in a little bit of everything that they couldn’t afford to do last year.

To help members, we’ve been presenting a tried and true best practice more than ever. MasterCard’s Plan on a Page is about getting back to the basics – mapping your planned marketing activities to your company’s strategic objectives – and scrapping the ones that don’t help meet them.  Easier said than done, especially when your internal partners are grilling you about not being on Twitter or not sponsoring that golf tournament the CEO really likes. Read More »

I sense an eerie (and I think false) sense of security from marketers as they enter 2010 planning, that the worst is behind us, we can forecast 1-2% GDP growth for the next 12 months, and the Fed has the financial crisis under control. 

After meeting with a regional retail bank, a Fortune 500 CPG company, and a host of planning executives last week, I’m almost frightened by the sense of stability I see in 2010 plans.  The picture is not rosy, certainly, but it assumes stability.  We seem to have checked any Black Swan thinking at the door.  How the economy recovers, its precise trajectory, and changes in consumer behavior are far more volatile than the stability many marketers are putting into their plans.  And let’s be honest – too many of us leave those plans on the shelf for 12 months without revision. Read More »

Last week, I wrote about marketers putting social experience at the center of their integrated communications.  I referred to Best Buy and Twelpforce.  Just this weekend, I caught a flurry of Honda TV spots promoting a particular Honda Facebook experience.

One of the open questions for marketers: How should one go about identifying the right social experience?

Answer: Identify an imprinting experience that best highlights your brand’s differentiating attributes or benefits. Read More »

Intriguingly, Best Buy is putting Twelpforce at the center of its big communications initiative for the holiday season.  Looking at data from the 125 companies that have taken the Council’s social media maturity diagnostic, we know that only 11% of marketers have built social media into their integrated communications planning processes.  That got me to thinking…

Most B2C marketers take the “tonnage” approach to touchpoint planning.  They work back from growth goals and volume targets to plan their touchpoint mix—their mix models tell them how much money they need to dump into broadcast, out-of-home, print, promotions and the like, to hit those volume targets.  Social and experiential touchpoints play second fiddle, at best.  Read More »