Modern Marketing - Blog by Collaborate PR & Marketing

Why Networked Media Is Like The British Weather

Like many independent web workers, I sometimes find it tricky when people ask me what I do professionally. The day-to-day reality is that I research and analyse digital trends that I think are interesting and help like-minded clients work out if and how they are relevant. However, people don't always find that helpful. So sometimes I say that I work with marketeers and brands that feel overwhelmed by technology. Which, I suspect, can sound patronising. But it shouldn't. Feeling overwhelmed is a perfectly understandable reaction as, rather like the rain in the UK at the moment, technological change can seem unrelenting, which for many people is disturbing. I recall a session I ran earlier this year when an executive told me she was worried that the pace of digital change was eventually going to make her redundant. Not because her job was going to disappear but, despite being a smart, accomplished individual she felt she didn't have the time to keep up with the latest bits and bytes. Once again, this is understandable and the individual in question is certainly...

Online TV Comes Of Age In The UK - So What?

John Lewis, the UK department store chain, has created a very cute Christmas TV ad that continues its tactic of playing on people's heart strings to rise above the yuletide shopping onslaught.  My attention was drawn to the commercial by a Telegraph journalist I follow on Twitter who added that even his hardened hack colleagues had been moved to tears.  How could I not take a peek?  So over I went to YouTube to watch the ad (two hundred and fifty thousand views and climbing) and to see if I could pass the dry lacriminal test.  (I couldn’t, no one can).  @hwallop also noted that the first showing of the ad would be on the following Saturday night during X-Factor, and indeed I glimpsed it for a nanosecond as I steamed through one of the show’s giant ad breaks at 60x normal speed.  Now I recognise that my own media consumption habits aren’t a perfect microcosm for the country at large.  Not everyone will be guided by Twitter to the degree that I am.  However, I am a John Lewis customer (who isn’t?) and I suspect that as Web TV grows in the UK, my own experience of the ad will become more normal, not less.  Web TV I hear you cry!?  But YouTube isn’t Web TV.  It’s YouTube - where dogs skateboard and babies giggle.  Well not anymore it isn't.  Sharp-eyed VC Mark Suster spotted that...

That Distant Rumble Is Big Data

‘Big Data’ is the phrase of the moment in tech circles which probably means it will be appearing on the to-do lists of marketing folk soon.  The expression refers mainly to the oceans of information being poured continuously onto the open web and social networks by ever more connected consumers (aka people).  This tsunami comes in the shape of comments, images, scans, tweets, likes, views, posts, videos and a kaleidoscope of other digital expressions.  However, whilst people's everyday lives are providing a big piece of the pie, the scope of Big Data goes much further.  Less obvious but just as vast are the intelligence flows that stem from our web browsing behaviour or location signals from smartphones.  Other component parts include corporations publishing market information , governments opening up public data for others to use, or vast social platforms that encourage smart developers to weave new applications and services.  The result is a share-and-compare economy where people, companies and organisations trade digital views, opinions and information in order to help make decisions - commercial or otherwise.  As ever, this creates challenges and opportunities for marketing and brand folk.  But there’s no shortage...

Software Is Eating TV

In August of this year, Marc Andreessen, the man who built the first commercial web browser, wrote that, ‘software is eating the world.'  Yet, he noted, companies continue to underestimate the impact modern technology is having on their markets.  Andreessen suggested this myopia might be down to bad memories and burnt fingers following the dotcom boom and bust, when many outlandish promises about the future were made and broken. Additionally, he cited a lack of appreciation about the speed of change that continues to take place around us and the subsequent dramatic shifts in the landscape for companies, brands and organisations. For instance, Andreeseen believes the rapid uptake of smartphones that's driving global access to the web will create vast online markets of five billion people. Furthermore, reaching these giant markets is becoming easier as the burgeoning capacity and efficiency of cloud computing continues to drive down the cost of running web services.  ‘Companies in every industry need to assume that a software revolution is coming’, advises Andreessen who is now one of the world’s most influential technology investors.  It strikes me that his comments accurately capture the current mindset of...

Definitions That No Longer Apply

As digital tectonic plates continue to shift and once separate media sectors merge onto a single global platform, the terrain for brands and marketing definitions remain in a state of flux.  Just take a few recent examples.  Last week Facebook indicated it’s no longer a social network but a 'platform', while Twitter reconfirmed it’s dropping the social tag in favour of a new guise as an 'information network'.  Leaving some questioning, if even Facebook and Twitter are dropping the label, what ‘social’ actually means in context of marketing; other than the constant buzz of a global bazaar.  Additionally, big technology players are constantly redefining themselves and their markets.  Amazon, the one-time online book shop, confirmed it is going into direct competition with Apple, the one-time desktop computing manufacturer, with the launch of the Fire tablet.  The reason being that both increasingly seek to extend their credentials as global media players offering music, TV and films.  Meanwhile, Google, the one-time search business, has bought Motorola, the one-time handset manufacturer, to bolster its own planned entry into the world's TV markets; whilst simultaneously becoming an alternative to a credit card provider by launching Google Wallet.  Elsewhere, Hulu, an online television service that was established by the US TV networks as a defensive strategy to see off Google’s YouTube, is being sold off because it success is undermining the revenue model of the owners' traditional businesses.  (Ironically, the possible buyers include Google, Amazon and Yahoo).  Even the idea of images and photographs is being redefined as demonstrated by the plight of Kodak, one of the...

The Marketing Industry's Silos Are Its Bunkers

Recently I met someone who described their specialism as Twitter strategy. Now while I wish the individual in question the best of luck with their offering I also thought it was a small example of the silo-mentality that is hardwired into the marketing business. One that, in my humble opinion, is taking the industry in the opposite direction to a world that is becoming increasingly intertwined. Everything that has occurred in the world of technology and marketing over the last five years will play out over the next twenty. In short, all media will become networked in the same way that all PCs were brought onto a single network by the Internet and then the web. On the supply-side change is being driven by powerful forces such as Moore’s Law and rapidly improving connectivity, the two mega-trends that between them are building the much-discussed cloud, into which all media will eventually be drawn. On the demand-side the growth of smartphones, tablets, connected TVs and other groovyware is providing the complementary lifestyle changes in people’s behaviour. The result is an increasingly sophisticated media ecosystem of which brands will remain a key aspect, providing people with signposts and trusted offerings – just as they always have. The overarching characteristic of this ecosystem is...

What's The New Normal For Big Brands?

What's the ‘New Normal’ for global brands?  By which I mean that following the collapse of global finance, the ensuing reshuffle of the world’s powerhouse economies and rapid growth of vast technological platforms, what do global brands care about and to which companies and sectors are they turning for assistance? I keep returning to three thoughts. Firstly, that corporations and brand-owners’ aims haven’t really changed a great deal. They want the same business outcomes, such as awareness, sales, loyalty and product differentiation, that create and support Mega-Brands and the shareholder dividends that follow. Secondly, media and marketing remains in the throes of huge waves of what the economist Joseph Schumpeter alluringly called ‘creative destruction’; the painful process by which one economic order is gradually replaced by another.  In the context of media and marketing, creative destruction has come in the form of digital IP technology breaking open the barriers between previously separate industries to create a single global platform upon which vast new networked media oceans surge.  Finally, most global corporates have been quietly shifting their investments into fast-growing markets for years. Now, as growth falters in Europe and the US, these booming economies seem to promise a golden future. Many such as Brazil, India, China and Indonesia see the creative destruction of technology, media and telecomms as a welcome opportunity. They invest enthusiastically in new...  

Who Will Survive In The New Networked Media Oceans?

Media companies used to exist in their own separate waters. The newspaper industry was the newspaper industry.  TV was TV and so on and so forth.  Each of these unconnected territories had a few super-predators that were top of their respective food chains, untroubled by the small fry. This was also true of technology and telecoms. However, in recent years, the tectonic plates have shifted to reveal a single networked media ocean into which all media, technology and telecomms companies are gradually being drawn.  The result is a gory realignment of the food chain as these corporate animals, so used to roaming their own backwaters as unchallenged predators, thrash around to establish who will survive.  Some will maintain their status.  Others will be usurped by sleek new species and left to wonder where it all went wrong. The tectonic shift was, of course, driven by rise of the Internet and the Web, and more recently the Moore’s Law-powered growth of online computing power aka the cloud.  The reason the undertow is so powerful is because, increasingly, this new networked media ocean is the sea to which consumers themselves are heading.  But why didn’t every big media and technology beast notice the plates were shifting to create this vast new habitat? Simply because they had...

UK Media - Enjoy This 'Indian Summer' While You Can

I went along to an event this week entitled, ‘Making Money In the On Demand Media Age,’ hosted by consultancy boutique Oliver & Ohlbaum.   The session had the feel of an investment bankers’ world view and, as a result, there were plenty of Grand Fromages in attendance including Lord Hollick, ex-media baron turned VC; the much-admired broadcasting player David Elstein; Patrick Barwise the formidable LBS Professor and Government advisor and new kids on the block such as Richard Halton, CEO of the nascent UK web TV service YouView.  The initial presentation was a Meeker-esque onslaught of macro trends, backed up with some proprietary research that the room lapped up with a verve suggesting sober, grown-up analysis of the new broadcasting world is thin-on-the ground.   My overall impression of the hundred or so people in the room was something akin to a Monaco casino packed with high-rollers working out where to lay their next chips.  You could almost hear the neuro-based balance sheets ticking over as the analysis developed.  Among the many nuggets thrown out for the pack to chew on was that the recent speedier-then-expected recovery in the UK’s media markets might be something of a mirage.  One effect of the corporate axe being wielded in recent years is that profits have bounced back and there is a natural inclination for many big brands to invest straight back into what they know.  However, Oliver & Ohlbaum see this as being an, ‘Indian Summer’ before the realities of, ‘long-term structural change’ take grip in a couple of years and a, ‘new industry structure’ emerges.  What will this new world order look like?  In short, no one knows and in the follow-on session...

Google TV - Marketing's Missing Link?

Computers aren’t made for watching TV on, are they?  This low-level epiphany came to me the other day whilst viewing a thirty-minute show from BBC’s iPlayer on a laptop balanced on my knee. As the programme began my MacBook was a comfortable few degrees above room temperature. Twenty minutes in, however, the whirring machine felt more like a scalding cup of tea gently griddling the skin on my thighs.   Luckily, that’s all about to change as TV is sucked onto the global networked media platform, currently dominated by Search and Social.  Sony’s decision to roll the dice with everyone’s best frenemy Google, now looks like the shot from the starting pistol, with Apple and several well-funded start-ups like Roku and Boxee as the early race entrants.  For the marketing industry it's a change that offers the chance to seriously reinvent its business.  A business that’s still reeling from Silicon Valley’s realisation that global media budgets were up for grabs, rather than the Mad Men’s birthright.  The big change will be based on a very straightforward tweak in consumers' behaviour.  People will be able to merge web services and mainstream TV content on a single large screen in their living room, rather than juggling a red-hot laptop in addition to their three remotes.  Which means that when people see any type of advertising within their personalised, socially-driven schedules they will be able to drop into the brand’s virtual showroom, without leaving their armchair, let alone their living room, whilst their favourite show rolls on without interruption.  They can just click-on the in-show link and a second screen or AppStore will appear where they can read a few customer reviews, pop the brand goodies in their Amazon basket and pay with those Facebook Credits they were sent last Christmas.  Yeah, yeah, so what.  You can do all this now, right?  Interactive television has been around forever and most people combine a smartphone with the TV, rather than put up with laptop-induced skin grafts.  Well, yes.  However, as the ever-prescient Mick James once commented on this blog : ‘There is no limit to human laziness. I find this more and more when I'm online. Drag the mouse all the way up there and click it to get that free content? You must be joking. Thing weighs a ton.’  Whilst additional kit is a boon for geeks and the gadget-crazed, it’s an unwelcome pain for...