Total Market Research: What Is It and How to Do It Right {REPORT]

Changes to the American demographic landscape is absolutely changing the way corporations market to consumers, overall. This new demographic reality has profound implications on a number of business disciplines, especially market research. David Burgos, Senior Vice President at TNS recently published a paper titled, Total Market: Driving Strategy in a Multicultural Nation, in a Multicultural Marketing Special Issue in the Journal of Brand Strategy, published by Henry Stewart Publications. This Special Issue, in addition to The Journal in Cultural Marketing Strategy soon to be published in 2015, were conceived by Jake Beniflah.

Ascending to the C-suite [INSIGHT]

Nearly half of top executives say they weren’t effective at earning support for their new ideas when they moved into C-suite roles—and more than one-third say they have not successfully met their objectives during their tenures. But even successful transitions1 didn’t require new executives to have all the answers, and certainly not within their first 100 days in the job. These are among the key findings from a recent McKinsey Global Survey on executive transitions,2 which asked C-level respondents how they managed the business, culture, team, and self-management aspects of their new jobs.

Are Marketers Measuring Their Business Value?

More than ever, marketers are under pressure to demonstrate their business value. In a March 2015 study by Demand Metric and VisionEdge Marketing, 83% of marketing professionals worldwide said the pressure to prove their business contribution had increased.

Beginning of The End or End of The Beginning?

It seems that the recent hoopla with the end of “Sabado Gigante” has sent ripples across the grid with many alluding that this, in fact, is “the beginning of the end for Univision,” and while I agree that in a way it does symbolize the end of an era/format that is no longer reflective of today’s USH audience, I still don’t hear the fat lady singing. In fact, this is a day they knew would eventually arrive.  Univision Will Be Just Fine Says Alma’s Media Director, Jorge Mercado.

Learning Sign Language

This commercial just reminder me once again how much I miss my Mom, who did anything to help me.  Happy Mother’s Day to all of our Industry’s Moms.

 

The Impending War For Talent

There’s a war going on, but you may not have noticed it.  It’s a subtle war that’s about to heat up substantially over the next few years: the war for talent!

State of Hispanic Public Relations Report

The Hispanic Public Relations Association (HPRA) unveiled the findings of its first ‘State of Hispanic PR’ industry survey. The survey, conducted in partnership AHAA: The Voice of Hispanic Marketing, aimed to measure the opinion of industry professionals in order to tailor and develop programming to address specific needs or shortcomings. 

AHAA to contribute to Smithsonian’s Advertising History Collections

AHAA: The Voice of Hispanic Marketing announced that it will donate the Sara Sunshine archives to the Smithsonian’s National Museum of American History where they will become part of the nationally recognized advertising collections held by the museum’s Archives Center. The Sara Sunshine archives feature advertising print, audio and visuals from the 1960s to 1990s and include artifacts from Ms. Sunshine’s tenure at Spanish Advertising and Marketing Services (SAMS), the first recognized U.S. Hispanic agency founded in 1962, and Siboney Advertising. Among the major advertisers showcased in the Sara Sunshine archives are companies such as Colgate-Palmolive, Kimberly-Clark, Pepsi-Cola and Polaroid.

Coca-Cola’s “Inseparable” for Mother’s Day

In time for Mother’s Day, Coca-Cola is launching a new Mother’s Day video “Inseparable,” an interactive video experience designed to tug at the heartstrings of both mother and child. It celebrates the remarkable, emotional journey of mothers and daughters, and ends with a simple message: “This Mother’s day give mom the gift she wants most. Call her.”

ESPN Deportes’ Ernesto Jerez wins Sports Emmy

ESPN Deportes was recognized at the Sports Emmys, presented for the 36th year by the National Academy of Television Arts and Sciences. The network claimed its first win in the Best On-Air Personality Spanish-language category with the honor going to baseball play-by-play veteran Ernesto Jerez.

Digital Video Advertising: Time To Take Notice

If you’re a CPG marketer and you’re not yet leveraging digital video ads, it’s time to start. What makes digital video such a natural fit for CPG brands? CPG brands are already experienced TV advertisers. They are experts at using videos to tell great stories and make emotional connections with their audiences. So the leap from TV to digital video is actually a natural transition. Digital video advertising can also be closely coordinated with TV schedules so that multi-screen exposure can reinforce and enhance connections and messaging.

The eight essentials of innovation [INSIGHT]

Strategic and organizational factors are what separate successful big-company innovators from the rest of the field.  It’s no secret: innovation is difficult for well-established companies. By and large, they are better executors than innovators, and most succeed less through game-changing creativity than by optimizing their existing businesses.

Dieste named LALA AOR

Borden Dairy Company, parent for LALA brand in U.S. has selected Dieste, Inc. as its advertising agency for its LALA brands. Dieste will manage the brand strategy, digital initiatives, creative and media planning duties for both the U.S. and U.S. Hispanic markets.

TuYo rollout in July 2015

TuYo  IPTV network will provide a la carte and pay-per-content channel bilingual and multicultural entertainment options for viewers when it debuts in July.

Harris named President & GM of Telemundo 62 in Philadelphia

NBCUniversal Owned Television Stations announced that Ric Harris has been named President and General Manager of NBC10 / WCAU and Telemundo62 / WWSI, the local stations owned by NBCUniversal that serve viewers in the Philadelphia area.

Predictions about the Death of Total Market Are Wrong [INSIGHT]

 

Some very bright people, whom I respect as colleagues, have expressed skepticism about a Total Market approach.  But they miss some key points in their understanding and its viability.

The article Requiem for Total Market quoting David Morse and Pedro de Cordoba does a good job describing Nielsen’s definition of the New Mainstream.  It is a fact that today America is more diverse and smart marketers will reflect that in their go-to-market calculations. There is no going back to the days of silos for clients or agencies.  Clients are changing and they expect their agencies to keep pace.  Will it be easy? No.  Will it work?  Yes.  And we have seen ample evidence of clients who are doing excellent campaigns that reflect smart thinking and collaborative efforts between their agencies and well as stand-alone programs. There is no one-size fits-all solution when it comes to a Total Market approach.

By Roberto Orci, President and CEO, Acento

Mind The Gap: Agencies Are From Venus, Clients Are From Mars

Following on from the gap we identified last week between brand marketing and the sales/trade/shopper marketing teams, the ANA has delivered a different gap analysis in a new report called “Enhancing Client/Agency Relations 2015.”  Before we continue, I want to make sure I follow the health and safety regulations here at MediaPost. We take them very seriously, so I want to make sure you are sitting down when you read the following quote, per CMO.com: “Just 27% of agencies reported that clients provide clear assignment briefs. Meanwhile, 58% of clients think they are doing a good job.”

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