United by their mutual skepticism about attempts to define “Total Market,” indeed wary of the concept itself, Pedro de Córdoba / Eventus and David Morse / New American Dimensions began a regular correspondence via e-mail and text about a month ago. The following is a distillation. [We previously published this article on 4/25/2015 and is worth republishing]
Marketing
REQUIEM FOR THE TOTAL MARKET …WE HARDLY KNEW THEE [INSIGHT]
The End Of Total Market—It’s Time To Try A New Approach
In the aftermath of George Floyd’s death, most of us are trying to understand how to honor this critical moment in our country and evolve. The consequences are many and will continue to impact us as individuals, and as business leaders. By Isaac Mizrahi – Co-President of ALMA
Four Steps to Building an Identity-Based Marketing Strategy
Why an identity-based approach is the future of marketing in a post-cookie world
The New Formula Fueling Modern Marketing
Why EQ, AI, and creativity are the most crucial factors in the new era of marketing
To grow, brands must invest across the buyer lifecycle
What do marketers need to focus on in order to regain momentum? We assess how experience, exposure and activation can be optimised. by Nigel Hollis
The Total Market Approach Isn’t Just Offensive, It’s Dangerous
Walton Isaacson CEO says a ‘seemingly benign idea’ has turned into ‘a brutal affront to our communities’
An Open Letter to CEOs, CMOs, and Brand Managers who rely on the spending and influence power of Moms
Four weeks ago when most America when into lockdown, marketers worried about the future of their marketing to mom campaigns. What they soon discovered however was that homebound moms searching for products, educational tools and entertainment created opportunities for sales growth. [A great blueprint for the US Hispanic advertising, marketing, media, public relatins and research Industry]
Three Ways for Marketers to Extract More Value from Video Content
“Price is what you pay. Value is what you get.” It’s one of Warren Buffet’s most famous quotes. And it goes to the heart of the calculation of return on investment (ROI), which, of course, is at the core of marketing success. Brand storytelling with sight, sound, and motion comes with a growing price. Video production costs run the gamut from very low (user-generated content) to very high (multiday shooting, with expensive talent). To bolster and exceed their ROI goals, marketers need systems and processes that enable their teams and partners to leverage produced assets without friction or slowdowns.
2019 Multicultural Excellence Award Winners [VIEW CASE STUDIES]
Multicultural Excellence Award winners showcase insight and learning from the brands taking the strategic steps to ensure their engagement with multicultural consumer segments is relevant, creative and compelling.
The makings of a more confident CMO Three ways to increase C-suite impact
The expansive role of the chief marketing officer is filled with possibility, but many CMOs lack the confidence to truly engage with the C-suite. How can CMOs build confidence to elevate their influence and fully realize their role’s potential?
For many marketers Lockdown is the Great Deprivation Experiment
The famous “Got Milk?” campaign started with a deprivation experiment. You can find the history here, but, in essence, participants in a focus group were asked not to consume milk for a week prior to the research. It occurs to me that the Great Lockdown has forced many of us to give up our normal behaviour and brands. The question is: what happens when lockdown ends? By Nigel Hollis
Marketers: The Rules Just Changed
I’ve been working in multicultural market research for over twenty years. I remember, in 2000, when Hispanics overtook African Americans as the largest minority group in the United States. I remember the Language Wars, when we all argued about what the right language was to reach LatinX people (Hell, we certainly didn’t see the term LatinX coming in 2000!), a population that was becoming increasingly U.S. born. I chimed in during the whole Total Market debate, the “we can reach everybody” phase; it never seemed right to me. By David R.Morse – New American Dimensions
Marketers Want Transformative Changes in The Media Ecosystem
Marketers, looking for increased productivity and transparency in their media investments, are calling for sweeping changes and improvements in the media ecosystem. This includes transformative changes to the upfront marketplace.
Thinking probabilistically for marketing success
Every day we are thinking about how to drive growth by conditioning demand in the market for our brand(s) over the other brands that we compete with. By Bill Pink – Head of Global Analytic Leads / Kantar
Note to Brands: Actions Speak Louder Than Words
To become more inclusive and LGBTQ+-friendly, brands need to lead with actions rather than just words. Making statements isn’t enough anymore. Instead, culture needs to change from within a brand, not just within its creative copy. How can this happen?
Attention, Marketers: Actions Speak Loudest
Throughout the Covid-19 pandemic, consumers have been highly attentive to companies’ concrete actions, especially regarding health protocols, reliability and pricing. When choosing vendors and products, people care about what companies do, not just what they say. Advertising and social media messaging thus should tightly align with the material steps a company takes in the marketplace.
Increasing Signs of Improvement, Along with an Uptick in Advertiser Confidence [REPORT]
BOTTOM LINE: While its likely not totally shocking at this point, we think that April increasingly feels like the bottom, and the linearity of the quarter appears to be much better in May, with expectations for continued rebound into June. Our and the Street’s 2Q20 estimates are largely in the range of where the companies indicated they were pacing for the quarter in April/early May, and our expectations are that there is likely upside to revenue numbers of at least 4-7%. We will be waiting to see how June shapes up, as well as color around 2H outlook before refining our estimates, but numbers are likely going higher.
Data Analytics Reveal How Multicultural Consumers Communicate During the Pandemic [PODCAST]
As the coronavirus continues to spread across the U.S., brands are looking for ways to stay connected to consumers and to understand the impact of the virus on their lives in real-time, especially among multicultural groups who have been hit disproportionately.
Marketers Grapple with Taking Creative Personalization to Higher Levels
Personalization remains a tall order. Its possibility does not mean that every company is equipped or mature enough to realize its promise. All the data in the world isn’t terribly useful if marketers can’t put it to work — and putting it to work requires organizational capability at multiple levels of the marketing enterprise.
The Keys to Attracting Young Marketing Talent
What brands are doing to attract the talent they need to help them lead in the new economy