Archive for April, 2008

David Armano on Micro Interactions

David Armano of Logic+Emotion delivers yet another amazing presentation, this time on Micro Interactions + Direct Engagement in Web 2.0.  He is consistently one of the best bloggers out there, thanks in large part to how he graphically showcases concepts.  Check out the latest:

[slideshare id=380432&doc=microinteractions-1209522608046218-9&w=425]

Book Review

Brand Management

Brands I Love

Digital Marketing

Misc

Music / Entertainment

P&G

Presentation & Stats

Shopper Marketing

Startups

Thought Provoking

Weekly Round-Up

Youth

Social Media Skyrocketing According to Latest Internet Trends Report From Morgan Stanley

Just came across the latest Internet Trend report by Mary Meeker, courtesty of TechCrunch.  The rise of Social Media as highlighted in the report is outstanding.

[slideshare id=376583&doc=internettrends031808meeker-1209391940295284-9&w=425]

Book Review

Brand Management

Brands I Love

Digital Marketing

Misc

Music / Entertainment

P&G

Presentation & Stats

Shopper Marketing

Startups

Thought Provoking

Weekly Round-Up

Youth

Which companies have the right to be VC’s?

Lately there has been some good discussions about other companies acting like Venture Capitalists, especially ad agencies.  Personally I have major concerns if an agency starts acting like a VC, especially if they are investing in New Media companies.  The potential for conflicts of interest are huge.  First, theses agencies need to be media-neutral.  I need to trust my agency is making a recommendation that is best for my brand…not because their agency stands to profit through my support of a business they have invested in.  Second, they are funding those investments based on fees I paid them and then potentially profiting off media buys I make.  That makes me really uneasy.

However, I do think the future of the agency model could be in Shared IP and equity.  I have no problem with an agency working with a new/small brand and taking an equity stake instead of normal fees.  I think this is a great win/win since the brand saves money and the agency gets tremendous upside based on their work.   But if this new brand is a media property that the agency can then pitch to other clients, I get concerned,  My agency’s neutrality goes out the window and I end up feeling like my agency pimped me out.  Not a good place to be.

Now the people I do think have the right be investing in new media companies are the brands themselves.  A media buy from an established company like P&G can end up making a company.  I think back to the small buy I did with Secret on MySpace.com back in 2004.  My counterpart at MySpace said that because of that deal and the media coverage we generated from it, he ended up getting over 50 calls from major brands who before wouldnt even return his call.  Think if instead of a media buy, P&G had made an equity investment in MySpace?  We would have ended up with a major return on our money when MySpace sold out to News Corp.  Plus, many start-ups could benefit tremendously from the brand building knowledge that a major CPG could bring to the table.  Plus it has an employee benefit because marketers could take a “broadening assignment” to go work at the start-up for a year or two.  They would get a chance to scratch their entreprenuerial itch without leaving the CPG company.  That is a major HR win to keep top talent happy.

Now obviously there are drawbacks here.  First, CPG companies aren’t experts in the world of VC investing but that could be solved by partnering with a leading VC.  Second, a company like P&G investing in a company could potentially keep competitors from buying media on that site.    Third, almost all major CPG’s are publicly traded companies and VC is a hit or miss industry.  But then again, technology companies like Dell are publicly traded but they have been investing in start-ups for years now (though Dell Ventures did close after a few years).

The way I see it, there is tremendous upside for a major CPG company to partner with VC’s in the start-up game….but tons of downside if our agencies are acting as the VC’s instead.

Book Review

Brand Management

Brands I Love

Digital Marketing

Misc

Music / Entertainment

P&G

Presentation & Stats

Shopper Marketing

Startups

Thought Provoking

Weekly Round-Up

Youth

Weekly Round-Up 4-26-2008

The best from the blogosphere this week:

Book Review

Brand Management

Brands I Love

Digital Marketing

Misc

Music / Entertainment

P&G

Presentation & Stats

Shopper Marketing

Startups

Thought Provoking

Weekly Round-Up

Youth

A Day in the Life of a Brand Manager – 4/24/2008

When I started writing this blog, one of the things I wanted it to do was give a peek inside the day to day life of a Brand Manager. The thinking is that it would be helpful for aspiring marketers, students, agencies and anyone else that would like to get inside the head of a BM. I’m hoping to do this type of post every once in awhile so you can see the variety but here is Day 1: (more…)

Book Review

Brand Management

Brands I Love

Digital Marketing

Misc

Music / Entertainment

P&G

Presentation & Stats

Shopper Marketing

Startups

Thought Provoking

Weekly Round-Up

Youth