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M&M’s Blog goes behind the headlines to offer a running commentary on the business dynamics within the international media and marketing industry. The M&M editorial team joins forces with industry experts and local market heroes to balance a bird’s eye view of global trends with the importance of local insight.

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  • Introducing the Festival of Media Global 2013's Blogger-in-Residence

    11 April 2013

    I am so glad to tell you that I will be the Blogger-in-Residence at the Festival of Media Global 2013!!! I am extremely happy for that!!! I feel so honoured that they picked me for that.

    What that means for you – the readers of the curious brain- is that you get to have access to everything that more or less is going on in there! Breaking news, interviews, insights and exclusive content!!! So make sure you visit the blog those days! You don’t want to miss this!

    This year’s Festival of Media Global theme is: ‘From content to commerce’ and includes the highest number of brand speakers The Festival of Media has ever seen, including the global chief marketing officers for Blackberry, Visa and Subway.  I’m expecting very interesting decks from them…

    The event is organised by The Festival of Media Global founder C Squared, the highly popular awards are now in their 5th year, with an established reputation for recognising the very best of creative media thinking from around the world.

    This year’s awards shortlist is made up of 186 campaigns from 30 countries, out an overall record breaking 1,000 entries!! Impressive or what??

    Entries across the board show strong social media integration and engagement, with many campaigns led by a Twitter hashtag call to action and innovative uses of platforms such as Facebook. Content-focussed branded apps also feature prominently in the shortlist.

    The awards are judged by a global panel of industry experts, including brand representatives such as Georges-Edouard Dias of L’Oréal, Sital Banerjee of Philips, Hala Badin of du and Lotta Edstrom of Novartis. Agencies are represented on the panel by the likes of John Sheehy of Starcom, Pele Cortizo-Burgess of MEC and Belinda Rowe of Zenith Optimedia.

    Click here to view the full Festival of Media Global Awards shortlist.

    The Festival of Media Global 2013 is taking place 28th-30th April 2013 in Montreux, Switzerland. It is the only global event dedicated to the $500bn media industry, offering delegates industry insight and unrivalled networking opportunities. For more information click here or if you want to check on the speakers click here

    THERE ARE LESS THAN 3 WEEKS TO GO so if you plan to join me there BOOK YOUR TICKET NOW BEFORE IT’S TOO LATE!!!

    If you already going there make sure that you meet me in person!!! It would be more than nice to actually see some of you in real life!! I can’t wait!!

    Lots of exciting things ahead! Keep #FOMG13 hashtag in mind cause many cool things will be happening on my twitter as well.

    Ending I would also like to thank Bold Ogilvy for their support on this and for giving me time off work. Yeap my agency rules!

    This post was spotted on The Curious Brain.

    Comments (0) | Permalink

    Posted by: Bloggers' Gallery

    Tags: Content, E-commerce, Festival of Media Global

  • The price of love this Valentine’s Day

    13 February 2013

    As the world prepares itself to ‘feel the love’ this Valentine’s Day, retailers don’t want to miss out on getting a piece of the action. Timely then that e-commerce marketplace Rakuten has just released this infographic which explores the rise of online shopping around this global occasion. After all, retailers deserve a bit of that ‘loving feeling’.

    The research found that online sales in the US and UK have continued to rise year-on-year in the run up to Valentine’s Day with a significant spike the week before February 14, each year (last minute shoppers!) But there are so many different consumer trends across the globe, which I think this infographic illustrates beautifully.

    US consumers are a little more prepared that their UK counterparts, with jewellery sales peaking on February 3 versus February 8. In France, there was a 52% rise in flower sales in the run-up to Valentine’s Day and UK consumers saw a 27% year-on-year increase in sales in 2012.

    It seems consumers in Asia value their nearest and dearest more than anywhere else in the world, with an average spend per person on Valentine’s gifts of $269, followed by Spain ($235), France and the UK (both $185). At the other end of the scale, Germany came in lowest at just $92 per person, with Italy just ahead at $97.

    “Valentine’s Day continues to be another significant event for retailers, whether online or bricks-and-mortar,” says Rakuten’s Play.com marketing director Adam Stewart. “With sales online continuing to increase year-on-year, it’s important that retailers are ready to take advantage of the opportunity this offers them to engage with shoppers, whether this means offering a special deals, dedicated Valentine’s sections to your online store, or guaranteed next day delivery for those slightly more last minute shoppers. Through understanding their customers shopping habits and offering a great, personalised experience, retailers, and merchants can make sure they are feeling the love this Valentine’s Day too.”

    Comments (0) | Permalink

    Posted by: Jenni Baker

    Tags: Online, E-commerce, Shopping

  • Geordie Store – Why eye man!

    04 February 2013

    I’m a big fan of reality TV – and in particular, of MTV’s Geordie Shore. So any excuse to talk about the show I’m there! But while the title of this blog might suggest that I’m talking in some ‘made-up’ language (that, or I’ve just gone a bit crazy!) I’m actually referring to a phrase used in the opening credits of the hit MTV series.

    You also might think that I’ve made a typo in the name, but I haven’t. MTV UK, the makers of Geordie Shore, today launched an official online merchandise shop where fans of the show can purchase items from the ‘Geordie Store’. (I’m getting to my point, I promise!)

    The show, which has broken records as MTV UK’s highest rating franchise ever, has become renowned for a wealth of famous trademark quotes and phrases – ‘Worldie’, ‘On it like a car bonnet’, ‘mint banter’, ‘cannie lass’ and ‘let’s get mortal’... to name but a few! And now consumers can buy a range of products donning the words and phrases listed above.

    Geordie Shore is the most successful show ever on MTV UK, with episodes from series three and four attracting over one million viewers,” says MTV UK vice-president of marketing Jo Bacon. “The show has over seven million social media followers, the cast have become celebrities in their own right and consequently their language and phrases have become part and parcel of everyday speech. So it is the perfect time for MTV to launch Geordie Store.”

    Built and managed by e-commerce business Sandbag, the new online store will sit on the mtv.co.uk site and new products will be available to pre-order alongside the live transmission of each episode. Originally started in the UK, the show’s success has resulted in MTV’s recent decision to air the show across all MTV international channels. The ‘Geordie Store’ will initially be available in the UK but MTV hasn't ruled out plans to roll it out internationally.

    And now to my point.

    It’s an interesting move for MTV and the perfect example of this shift we are seeing in the industry where media owners are becoming retailers. It’s a hot topic of the moment, as the growing trend for brands to become publishers (and vice-versa) is changing the relationship between advertiser, media owner and agency.

    Are we in the midst of a transition that will see retailers becoming content companies and content companies becoming retailers? This is something that will be explored at this year’s The Festival of Media Global under the theme: ‘From content to commerce’. Keep an eye out for the latest announcements regarding the Festival agenda.

    The Festival of Media Global takes place from April 28-30 in Montreux, Switzerland.

    Comments (0) | Permalink

    Posted by: Jenni Baker

    Tags: Content, E-commerce, Branding

  • Cyber Monday: bigger than your 19lb turkey

    07 December 2012

    Cyber Monday turned out to be the heaviest online spending day ever, drawing $1.46bn in online sales, according to the latest Comscore figures. As more and more consumers are opting for online channels to make purchases, I thought I’d share this infographic that maps out the figures from Cyber Monday. Maybe we can learn a thing or two by understanding these e-commerce trends from the biggest online shopping day of the year.

    Comments (0) | Permalink

    Posted by: Jenni Baker

    Tags: Online, E-commerce

  • Pinterest - the next Facebook or unlawful copyright infringement?

    10 May 2012

    By, David Ashplant, corporate partner, Lester Aldridge

    Pinterest

    Pinterest is fast becoming the latest internet phenomenon and growing exponentially. If you’re not already familiar with it, it is a virtual pinboard that allows members to “pin” images and videos they like to their online board. When you click on them they should take you to the website they came from.

    The big issue with all this is that reproducing an image taken from the internet is likely to be infringing someone else’s copyright in just the same way it would be if you photocopied it. In the US, there is a view that this falls within fair dealing but that is not thought to be the case in the UK, especially for those in business who might profit from what they are doing.

    Those using Pinterest, or establishing their own mood boards with material taken from the web, run the risk of being sued. In many cases the risk might be small. If it is generating traffic to the owner’s website and promoting their brand, why would they want to stop it?

    However, some copyright owners may take a different view and want to control use of their images and/or charge for their use. If they sue they could claim an account of profits made from use of their image – probably difficult to prove – or a licence fee for use of their image. Many websites will say what that licence fee is.

    Pinterest operates a system allowing copyright owners to notify objections so that the pin they object to can be taken down – many copyright owners might be happy to stop there. Pinterest also offers a fix that website owners can attach to their website to prevent pinning from their website, although it is apparently cumbersome to use. Ultimately though, these things won’t prevent copyright owners taking legal action if they want to.

    So, at the moment it’s a case of wait and see how this pans out, but be aware that Pinterest’s terms also require you to indemnify them for any liability in using other people’s material; i.e. if they get sued because of what you posted, they can give you the bill and their lawyer’s bill too.

    Comments (0) | Permalink

    Posted by: Bloggers' Gallery

    Tags: Social Media, E-commerce

  • Clouds & Crowds

    16 April 2012

     Vogels

    “If your company isn’t measuring deeply the interaction with customers and using the data, you are missing out,” Amazon.com chief technology officer Werner Vogels warned delegates on stage at the Festival of Media Global in Montreux today.

    Speaking passionately about the importance of data, Vogels said that learning is the biggest accomplishment so you must “measure relentlessly.”

    He urged companies to adopt three steps when launching new products/initiatives:

    Experiment
    Measure
    Iterate or pivot

    According to Vogel, the best organisations designed to deliver new products under conditions of extreme uncertainty are starts-ups due to their ability to be reactionary. He urged companies to have a different approach to building their products and to get them in the hands of customers as early as possible.

    You can keep up-to-date with all the action from the Festival of Media Global 2012 by following #FOMG12 or check out our dedicated Festival page.

    Comments (0) | Permalink

    Posted by: Jenni Baker

    Tags: Digital, E-commerce, Advertising, Marketing, Measurement, ROI & effectiveness, Festival of Media Global

  • Online commerce: the saviour of high street fashion

    02 November 2011

    by Alex Blaney, creative director, Session Digital

    There’s no mistaking the seismic shift towards ecommerce that is having a profound effect on purchasing habits globally.

    Historically the luxury end of the market, of which fashion plays a significant part, has been slower to adopt the digital as they cite its inability to recreate the touch, feel and build quality of the product. This is true, but it is something that can never be truly replicated. Accepting that fact is absolutely fundamental.

    Nothing digital can equate to the sensory stimuli a customer experiences as they shop. No ‘digital fitting room’ can replicate a real one. No mouse click or mobile screen is advanced enough to convey the tactile density or weight of expensive fabric. No matter how well you merchandise an online store, create looks and suggest cross-sells, online commerce cannot accurately simulate the experience of physically shopping.

    So why attempt it? Well because none of those elements in isolation can accurately represent the shopping experience in the real world. Online is the same.

    Shopping for luxury goods online is much more complex than just digitally ‘trying something on’. In the physical world the changing room is way down the customer journey, it’s the equivalent to the basket. The shopper has HAD the experience before that. They’ve had the experience as they walked in the shop, heard the music, chatted to the assistant, browsed the rails, discounted 99% of the offering and selected an item (or items if you’re lucky). They engage with the brand first, the shop itself, the window display, the models, the assistants, the other customers. The clothes and the price tags are a factor, but the environment is first and foremost in the brand engagement.

    Success in online fashion means NOT focusing on recreating the shopping experience, but assessing where the digital world can augment and improve it. Viewing the channel as a conduit to ‘surprise and delight’ is the way forward. Seeing it as an independent channel is a frequent failing for fashion brands and it is to their detriment.

    The success stories in this depressed climate are few and far between. In the fashion sector during the period 2007-2010, however ASOS, Net-a-porter and All Saints have exhibited 50%-70% growth. They achieved this through embracing online innovation and combining it into their service proposition.

    I’m not just talking about creating a mobile app (although as an example, a Harris Interactive survey commissioned by Tealeaf earlier this year shows that 47% of consumers expect the customer experience to be better on a mobile website than in-store?) nor am I harping on about ‘social commerce’. We all know the stats about Facebook referrals, and the Mark Zuckerberg quote (“if I had to guess, social commerce is next thing to blow up”). There’s no need to guess. Social commerce will be huge. Not because of Facebook though, but through the simple fact that the closer you are to your customers the more likely they are to engage. Mobile commerce is in their pocket. Social commerce is not only in their pocket but it’s simultaneously in the pockets of all their friends and families.

    But calling it social commerce is a poor differentiator as it implies there’s something else involved. The social? Soon there will be no such thing as ‘social’. It’s happening already, social is everywhere. It’s part of the online space. The social network is THE network. ‘Liking’ something IS referring. There’s no separation between online and physical networks. A user’s contact with friends and family through Facebook is comparable – if not better – than by phone or face-to-face. The division is intangible.

    The brands that take ecommerce seriously are prospering because they don’t see a division in any channel. Our experience is that those brands that embrace all channels with equal fervour witness better success. Strength comes from the complete approach.

    This is particularly true in high value fashion brands where brand authenticity and key visual references need to transcend the media they are conveyed on. Get this right and users/consumers see only cohesion. Underplay any aspect and the cracks are instantly noticeable. Tacking a URL onto an advert, but not concerning yourself with the online content it represents is criminal, as is starting a Facebook page, but neglecting its management. These are your brand touch points and if you invent them customers will use them. Better still they refer quicker through them – but be warned – as a brand if you occupy the privileged position to have customer engagement, be authentic to yourself as a brand. Say what YOU want to say. That’s what your customers expect and why they fundamentally respect you. Cheapening yourself or doing something inappropriate is self-defeating. Responding to every comment or piece of feedback might not be the best idea. Gimmicks, offers, poorly thought out media will destroy your brand loyalty.

    Any channel is a conduit to your customer, but neglecting it or failing to invest appropriate time and attention will likewise result in lack of customer interaction or attention. Then you’re only one step away from giving everything away discounted or for free.

    For too long digital has been viewed as a separate channel, outside of the main marketing mix, worthy of its own ‘web/online/ecommerce’ department but tucked away and viewed as ‘techie’. This suits the geeks, it suits digital because it is fundamentally more founded in binary than sensory, harder to define, therefore integrating it into the world of the emotional or the touchy-feely is a difficult task. But partitioning right now is wrong. There is no scope for division; look outside onto the high street, the world economy is failing. The consumer is bereft of expendable cash, Groupon suits them perfectly, price comparison apps empower them instantly. The high street consumer’s language is of eBay and Facebook. They are enabled by the immediacy of mobile, digital and social. Brands need to operate simultaneously in the physical and digital world. There is no time for partition, consumers engage with a brand holistically instantaneously switching between mobile space, web space and the personal space. Limiting this interaction to one or two channels devalues and dilutes the experience. Their brand engagement is not partitioned. So brands must also follow suit.

    Hence the grand title to this piece. Digital is a bonafide channel; ostracizing or just paying lip service to ecommerce and the digital realm is the first nail in the brand’s coffin. Ignore it at your peril. But likewise digital commerce must be integrated further into the service proposition and must respect when it cannot replicate physical experiences. Working together in a truly integrated manner, cross-channel with one message is the language of the future, but then surely that’s simple. Isn’t it?

    Comments (0) | Permalink

    Posted by: Session Digital

    Tags: Online, Social commerce, E-commerce, Fashion, Branding

  • Should you pay consumers to ‘like’ your brand?

    21 September 2011

    By Richard Jackson, director, Session Digital

    Social commerce is the new buzzword in e-commerce, and many new companies are offering tools that facilitate incentivised referrals to online customers at checkout. Although in principle I would applaud any effort to help retailers increase sales, this type of paid advocacy could in reality end up doing more harm than good to premium brands that really value their reputation and their relationship with their customers. 

    To really achieve strong advocacy, the entire ecommerce activity should be focused on the customer from its core, delivering an engaging and positive experience that is easy-to-use, rewarding and enjoyable. Brands need to have a valuable proposition for their customers to react to. It’s too facile to assume you can attain true brand loyalty from a simple offer incentive. Being a Facebook fan doesn’t necessarily mean you’re engaged with the brand itself – you’re probably just hanging around for the next offer. That’s not active engagement, it’s passive, and this type of relationship is much harder to convert into brand advocacy than one based on an engaging experience with an applicable reward structure. 

    Naturally as socially-connected human beings it is an inevitable part of the process that we share our great experiences with friends and family and encourage them to participate too. By all means make it easier for your customers to do this, but is paying them for it really the answer?

    Where does the real value of ecommerce lie for a brand online? Multiple sales at a discounted rate, which may ultimately cheapen your offering? Or genuine, lasting advocacy that arises from a high quality, personal shopping experience? And what are consumers most likely to respond to? With the ubiquity of social networking, consumers are increasingly web savvy and desensitised to the strength of a ‘like’ referral. They are also fiercely protective over their personal social network – it’s a network of trust and brands tread a perilous path if they assume they can just intrude in this space.

    Having said all this, there is no doubt there is still a place for group loyalty schemes and some retailers will benefit from the discounting model. But taking the concept of ‘social commerce’ too far and violating this personal aspect will ultimately upturn the values that social networking is built upon and online retailers will have to think again.

    Comments (0) | Permalink

    Posted by: Session Digital

    Tags: Social commerce, E-commerce, Branding