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Global “Crucibles” as Innovation Accelerators

Posted on  16 July 10  by 

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Here’s a common thread that I’ve picked up from conversations recently with CMOs and some research we’ve done into innovation.  There’s an interesting connection between what some call “polycentric innovation”, what I’ll call innovation “crucibles”, and marketing talent development.

Starting with polycentric innovation, in a recent special report on innovation in emerging markets, The Economist described how companies like Cisco and IBM are building innovation centers in emerging markets.  These aren’t just laboratory outposts—these are major innovation centers on par with those in developed markets. These emerging market innovation centers act as a sort of crucible—an intensely pressured, constrained environment that accelerates innovation, and potentially leads to discontinuous solutions that you simply wouldn’t get in other contexts. Read More »

Does It Make Sense to Market Happiness to the Angry?

Posted on  15 July 10  by 

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Everywhere we look, there’s evidence that consumers are a little more skeptical, a little more cynical, and sometimes even a little angry. While these consumer sentiments are widely recognized by marketers, many brands continue with the feel-good aspects of their message: family, friendship, security, trust, and even hope.  At the same time, Surly Brewing and Angry Little Girl totes are migrating from niche to mainstream with a different message—you’ve got attitude, and we understand that. Red Tettemer illustrates the approach perfectly in Tub Gin’s recent campaign:

One of the sharpest subversive ads of the year (a humble opinion) is available at http://www.tubgin.com/, and click on “A short, short story”.

These brands offer just a few examples of a broader trend in tapping directly into the edgier, snarkier sentiments of today’s consumer (Whitney had to tell me what snarky means).

Iconoculture—MLC’s new partner for bringing real-time consumer insights to our members—has picked up on this trend in its most recent research on “Subversive Branding.”  Iconoculture’s findings point marketers in an interesting direction: while subversive branding can breathe new life into our marketing messages, it also runs the risk of alienating consumers. Read More »

Create a Marketing Trail of Breadcrumbs

By Whitney Satin

B2B marketers spend a lot of time churning out content—white papers, collateral, podcasts, online tutorials, etc.—but production is only half of the equation.  Marketing also needs to consider how customers actually consume the content it generates.  The goal isn’t to just provide product information; it’s really a balancing act between this and setting the buying cycle in motion.  Sequencing becomes critical in that the consumption of materials needs to gradually lead customers closer to the point of sale.

We typically see three modes of content delivery: Read More »

Social Media in Regulated Industries: Leaders Wanted

One of my favorite reads in the social marketing blogosphere is John Mack’s Pharma Marketing Blog. While John covers pharmaceutical marketing across all channels, his posts on social media present a nuanced look at the unique challenges pharma and other regulated industries face when trying to make headway in the space. Particularly interesting are the surveys he occasionally does of pharma marketers. Add him to your RSS reader, if you haven’t already; he’s also on Twitter here

John posted a thought-provoking interesting survey a few weeks back, asking pharma marketers what they thought the most important elements of a social media implementation plan were, particularly in the event of a crisis.  Read More »

The New Role for Sales Managers

Posted on  12 July 10  by 

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Our sister program, the Sales Executive Council, spent the last nine months looking at what drives sales manager performance.  Along the way, they amassed a huge dataset from their Manager Effectiveness Survey – over 5,000 returned surveys about over 1,000 managers – and talked to over 100 different companies about the current environment and the skills they’re focused on for first-line managers and up.

They found some very clear conclusions for what managers should be doing differently – certainly differently than most do today. Read More »

Moving Beyond Advocate Enablement

By Erin Lynch-Klarup

Advocate amplification will always have a place in the B2B marketer’s toolbox, especially as the trend toward consensus-buying strengthens.  However, shortcomings of the strategy in today’s environment are causing marketers to scrutinize the investment.  Three factors seem to be sapping the power of advocate strategies.

 

#1 Ever More Customer Stakeholders Are Involved in Deals

This key change in customer buying behavior (noted in this Sales Executive Council post) makes an advocate’s job much more challenging.  Coming out of the downturn, businesses are keeping a tight fist on the moneybags by increasing the number of folks needed to sign off on a purchase or bringing in outside consultants to audit deals.  These moves severely limit an advocate’s capacity to influence broadly and deeply enough. Read More »

Staying Cool When the (Innovation) Heat is On

Posted on  7 July 10  by 

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I’m not the primary shopper in our household but I love wandering the grocery store aisles when I get the chance.  Even if I take my marketer hat off, I am mesmerized by the colors, images, and words of the hundreds of products on the shelves (okay, I don’t get out much).  What never catches my eye, however, are the refrigerated cases that hold the milk, yogurt, chicken, and ice cream I’m grabbing. 

That changed recently when I spent time visiting with marketers at Ingersoll-Rand, makers of Hussmann refrigerated cases.  In this day and age, I couldn’t imagine there was a lot of innovation in the design of refrigerated cases.  Their job is pretty simple – keep stuff cold while maximizing shelf space and minimizing energy use – and people have been building them for decades.  I mean really, what’s left to do with commercial refrigerators?!?  Apparently a ton. Read More »

Social Media on a Shoestring: How Sharpie Engaged Community in a Tight Economy

By Laura Morris

Susan Wassel, PR Manager at Sharpie, launched a social media campaign with the help of a single fellow employee and now manages the project singlehandedly – with a $2,000 budget.  Her work exemplifies how your team can move forward even if you lack the resources necessary to bring on external support.

Video: Social Media on a Shoestring

Slidedeck: Social Media on a Shoestring

“Sharpie Susan’s” goal was increase brand loyalty by leveraging brand advocates they termed “bold expressionmakers,” who are Sharpie uber-users that gravitate toward new media.  To achieve this objective, Sharpie decided to showcase content from these “bold expressionmakers” that demonstrated creative ways to use Sharpie pens in daily life. Read More »

Social Media Pioneers: 4 Leadership Profiles

Posted on  6 July 10  by 

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MLC’s survey data from 200+ companies shows that executive leadership of social media is critical to success.  Indeed, 57% of brands with CMO leaders of social media see strong returns on their social efforts, compared to just 18% of companies without CMO leaders.

The reason?

Social media enable brands to build strong customer relationships that deliver value to multiple functions e.g., new product ideas (NPD), answers to customer questions (Customer Service), or advocacy (Marketing).  Managing these shared relationships requires strong cross-functional collaboration, which only a leader with significant clout and authority can achieve.  As the customer champion, the CMO is uniquely positioned to play this role. Read More »

World Cup Watch: Boost Sponsorship ROI Through Agency Collaboration

Posted on  5 July 10  by 

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With the World Cup winding down, which brand sponsors will have done the best? And what will have been the key to their success? 

There’s no shortage of sensational reporting on the sponsors.  For example, there’s an interesting report here on the buzz between Nike and Adidas (the official sponsor). Observation: the PR success for Adidas from the Jabulani ball has, like the flight of the ball, been erratic and unpredictable, but probably a net positive for Adidas. 

Meanwhile, other sponsors fled like rats off a sinking ship to get away from the implosion of the French national team.  Sacre (les) Bleus!

Non-sponsor brands also saw their share of action. In a provocative tale of ambush marketing, 36 female Dutch fans were detained for wearing orange miniskirts, evidently a clear symbol of Bavaria beer (NOT an official sponsor, by the way).

But beyond all the buzz and antics, what characterizes great, enduring world cup sponsorship marketing? Read More »