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About this blog

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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  • Chilean miners digg the attention

    30 September 2010

    The ongoing saga of the trapped Chilean miners has gripped the world like a South American soap opera.

    As the rescue efforts get ever closer to digging them out, the 33 men are preparing to see not just sunlight for the first time in months, but for the media glare that will inevitably follow.

    There has been an intense amount of interest in the miners experience across the world because of the uniqueness of their situation. Every single detail of their lives is being analysed and speculated upon so much that media training is being given to prepare them for the attention.

    Psychologist Alberto Iturra, who has been looking after the men’s mental health, is teaching them how to handle interviews when they emerge from the mine. He says the men are prepared for the attention and are excited about it. Some of them are even thinking of writing books about the ordeal.

    One of the miner’s daughters is already making the most of the media attention and has become a minor celebrity herself. The president has also managed to put a positive spin on the events and improve his low popularity ratings in the process.

    Like all good soap operas, the saga along with the media attention surrounding it, looks set to continue long after they are rescued - the families of the men today filed a lawsuit against the company which owns the mine and the Chilean state.

    Being stuck 2,000 foot underground, the miners might not realise yet, but a bit of media training could be a good idea.

    Posted on behalf of Lynsey Barber

    Comments (0) | Permalink

    Posted by: Josh Colley

  • How is a brand built?

    30 September 2010

    A brand is built when "I know you" meets "I want you".

    The relationship must go beyond awareness to attractiveness. Brand:Trust's Koch warns that focusing on awareness does not guarantee making money. Making a brand attractive is what drives profit. 

    Comments (0) | Permalink

    Posted by: Martina Lacey

  • How observant are you?

    30 September 2010

    Before you continue reading this blog cover your watch with your hand - if you are not wearing a watch this exercise is unfortunately not for you!

    Now - without peaking - can you remember what the number 6 on your watch looks like? Is it black? Gold? A line or a dot?

    Have you got the answer? Now look at your watch. Were you right? How far off were you?

    If you think about how many times a day you look at your watch it could be argued that your watch has a pretty good penetration/awareness rate.

    When this exercise was done at the CMO Conference less than 10% got the answer right; keep in mind this is a room full of people obsessed with penetration and awareness!

    Klaus-Dieter from Brand:Trust used the exercise to demonstrate the fact that awareness is not always the answer. Just because consumers see a brand does not mean that they necessarily interact with it. 

    Comments (0) | Permalink

    Posted by: Martina Lacey

    Tags: Measurement, ROI & effectiveness

  • CMO Warning!

    30 September 2010

    In order to due your job effectively CMOs need to remember 2 things:

    "CFOs are very simple minded people and procurement guys are not human beings."*

    And there you have it!

    *Disclaimer - the above does not necessarily reflect the view of M&M, in fact we love procurement guys. We don't know that many CFOs but we are sure that they are VERY intelligent!*

    Comments (0) | Permalink

    Posted by: Martina Lacey

    Tags: Measurement, ROI & effectiveness

  • Are CMOs the next CEOs?

    30 September 2010

    Are CMOs the next CEOs was the opening question of the European CMO Conference in Zurich.

    While not all CMOs aim to be CEOs, Prof. Stefan Michel from IMD questioned whether or not it was possible.

    CMO's with CEO aspirations need to make sure that they are focused on the value proposition. To become CEO you have to be able to demonstrate that you are able to move the company forward while creating value that goes beyond marketing. You don't want to come off as a fluffy marketing guy!

    Don't focus on the marketing case, focus on the business case.

    Driving the business case comes via focusing on 3 things:

    Strategy - Culture - Structure

    All three are connected and if you change one you effect all three.

    Comments (0) | Permalink

    Posted by: Martina Lacey

    Tags: Business models

  • All companies want to be "consumer orientated" but what does that mean?

    30 September 2010

    In order to be consumer oriented CMO's need to make sure that they are driving 3 key components, according to Stefan Michel, the opening speaker at the European CMO Conference.

    1. Robust intelligence gathering, or consumer insights

    2. Encouraging intelligence sharing through out the company

    3. Significant market response to what is being delivered

    If one of the components is missing than the two other are not relevant. You need all three in order to be truly consumer relevant.

    Comments (0) | Permalink

    Posted by: Martina Lacey

    Tags: Business models

  • Defending the Canadians

    23 September 2010

    As the resident Canadian on the M&M Team it is often up to me to defend anything that is said about or comes out of Canada, such as why Canada is not actually “US light” and why maple syrup tastes amazing on everything!  

    However, this time I hang my head in shame.

    Toronto – my old stomping ground – is currently in the middle of a monumental mayoral race. It has all the usual characters running, the cynic, the do-good liberal and crazies on the side. It also apparently has a mafia boss, or a mayoral candidate that would simply like to be thought of as one.

    The Italian Canadian candidate Rocco Rossi, who is pretty much an outsider in the race, has launched a new ad campaign that depicts him as a mobsters and uses terms such as “Goodfella” and “Wise Guy”. The campaign gets even better with radio ads that feature a Godfather-sounding supporter talking about how Rocco is better than the typical politician who is not a “typically Goodfella.”

     Rocco Rossi campaign poster

    Now, as much as I loved the Sopranos there is one thing that Italian’s hate and that is being depicted as Mafioso’s. And, surprise, surprise the Italian Canadians are not happy about it.

    What on earth was he thinking? I for one have no clue.. but then again, I am not a Wise Guy. 

    Comments (0) | Permalink

    Posted by: Martina Lacey

    Tags: Print, TV

  • The return of ‘old ads’

    22 September 2010

    The UK ad market is being overrun with ‘old ads’.

    The Honey Monster, a strange fluffy creature with a craving for sugar puffs has returned to UK TV screens after a two year hiatus and he has returned with a catch phrase he began using back in the 1970’s- "Don’t tell ‘em about the honey, mummy."

    The bread manufacturer Hovis developed a recent ad which drew inspiration from the products 122 year history and Procter and Gamble's Fairy washing up Liquid, another iconic brand of the UK home, similarly compiled a recreation of the same ad through the five decades it’s existed, and the return of the familiar white bottle to celebrate its 50th anniversary.

    My personal favourite retro ad has to be the Milky Way ‘red car blue car race’ from 1989. Even the song alone evokes memories of betamax, shell suits, and my mum’s perm.

    So why the return of old ads?

    Many cynics have pointed out that recycling ads saves money in times when companies are hit hard by the economy. How much did that Milky Way ad cost? $0. Bargain.

    The resurrection of ads for chocolate bars and sugar puffs however, signals the changing aim of the brands. The introduction of stricter advertising regulation in the UK aimed at kids, especially ads for junk food, has removed an entire audience from their reach- an audience notorious for their power to pester parents into buying things.

    Instead of targeting the children, the brand now has to target the parent and evoking memories of their own enjoyment of the brand as a child is a cunning way to do this.

    At times when we seem over run with products, information and technology, retro ads remind us of a brand or product that has always been around. Rather than being another new thing or another new concept to get your head around, with retro ads it is something you simply have to be reminded of.

    For those newer brands which haven’t yet got an advertising legacy to draw upon however, Brazillian ad agency MOMA has the answer, with their vintage style ads for modern technology.

    The power of nostalgia makes you feel like YouTube, Facebook and Twitter have been around for years.

     Published on behalf of Lynsey Barber

     Retro Twitter ad

    Comments (0) | Permalink

    Posted by: Martina Lacey

    Tags: TV

  • Forget American Idol, Suicide Bomber is the real hit

    20 September 2010

     Baghdad TV

    It is good to see that Iraqi is finding a way to get past its troubles by looking at the lighter side of suicide bombers in the new hit reality show 'Put Him in Bucca' – as in the American high-security prison in Kuwait.

    The stars of the show are celebrities who unsuspectingly have fake bombs planted in their car. The celebs then drive through an Iraqi army checkpoint, the bomb is found and they are terrified into thinking that they are heading to maximum security prison.

    The celebrities are filmed candid-camera-style while check-point guards yell abuse at them. According to the New York Times, one televised exchange went as follows:

    Soldier: “Which group you are working for?”

    Television Host: “Al Qaeda for sure.”

    Guest: “I am an actor. What are you saying? Is this a game or what?”

    Soldier: “This is a military checkpoint. What do you think we are playing here? You have got a bomb in your car.”

    Television Host: “Why are you doing this? Why are you putting me in such trouble?”

    Guest: “I am a family man. I have two kids. How could I do this to my family? I am telling you the truth; it’s not me who planted the bomb.”

    While the TV show has received some criticism – shock and surprise – the producers are standing by it claiming that it made people laugh and no one got hurt. The fact that it was one of the most watched programmes over Ramadan probably also helps their argument.

    Comments (0) | Permalink

    Posted by: Martina Lacey

    Tags: TV

  • When tweets go bad

    09 September 2010

     Twitter fail whale BP

    Social media means that what you say is seen instantly, by many people. A passing remark said out loud to a couple of people will rarely go any further. On Twitter however, tweets can be seen by, not just your followers, but whoever follows them if its shared and re-tweeted, and then by their followers, and so on and so on. It is a network after all.

    A passing tweet, even if its deleted, will be noticed, remembered and shared.

    Stephanie Rice, the Australian gold medal winning swimmer has recently discovered this, costing her a lucrative sponsorship deal with Jaguar.

    An offensive homophobic tweet about Australia’s win over South Africa in a rugby match on Saturday, angered twitter users and then hit the media.

    On Monday Jaguar Australia announced that it had terminated its relationship with Stephanie Rice despite her later apology for the tweet

    Rice is not the only person to have fallen on the wrong side of the Twitterati.

    One false tweet and you could loose not just a sponsorship deal, but your job. Comic Catherine Deveny tweeted live from the Australian TV awards that "I do so hope Bindi Irwin gets laid". People were none too happy that she was talking about the 11 year old daughter of Australian icon Steve Irwin in such a way. She was fired as a columnist for The Age newspaper.

    CNNs senior Middle East correspondent Octavia Nasr was fired for tweeting “Sad to hear of the passing of Sayyed Mohammed Hussein Fadlallah One of Hezbollahs giants I respect a lot”. She received flack for apparently sympathising with a terrorist organisation, and even after spending 20 years with the network, and clarifying her personal opinion on the matter, she lost her job.

    Of course individuals are entitled to their opinion, but on Twitter what you say will be held against you, particularly if you’re associated with a big name brand or large media company. It’s understandable that companies will want to protect themselves from negative coverage like this

    Sometimes companies don’t need help from individuals to ruin their image though. For BP Twitter became the place to criticise their disastrous oil spill and its PR coverage. A fake BP Twitter account appeared which gained more followers than the real BP account with tweets such as “The ocean looks just a bit slimmer today”; “Dressing it in black really did the trick!”; and “please do NOT take or clean any oil you find on the beach. That is the property of British Petroleum and we WILL sue you”.

    What you say on Twitter matters, whether it’s your own reputation, or someone elses.

    Always think before you tweet.

    Published on behalf of Lynsey Barber

    Comments (0) | Permalink

    Posted by: Josh Colley

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