Showing posts with label Marketing. Show all posts
Showing posts with label Marketing. Show all posts

Thursday, September 18, 2008

Democratisation of Super Influence!

A new report from Universal McCann discusses the rise of "a new breed of super influencers" that has been created by "the tools of the social media revolution."

Entitled When did we start trusting strangers? How the internet turned us all into influencers, the premise is that influence was moved beyond "professional and top down" (mainstream media) and into Web-enabled peer to peer influence. But despite McCann calling this a "democratisation of influence", all influencers are not equal. There are "super influencers" who are "extremely heavy users of social media, particularly in terms of content creation." Are you one of these people?

Download the report here.

Got to the report through ReadWriteWeb.

Wednesday, June 25, 2008

Ads on Wedding Cards and Selling Twitter Backgrounds

We're never short of newer advertising avenues, are we?

Staffing solutions company Teamlease comes up with an innovative idea of placing advertisements on wedding cards which they print for free! This Mint article has the details. Not only do you have your wedding cards being printed for free, but also have people find jobs along with your wedding. On top of that you're treating people with some delicious food during your wedding and the reception following it! What more social good can one do?!


While we're on things social, Ian Schafer, CEO of interactive marketing agency Deep Focus put his twitter background image and profile image on auction and the auction ended with Metacafe winning it with a bid of $1,082.01. Here's how his twitter page looks with the Metacafe branding



Earlier, there was the case of Rocketboom founder Andrew Baron auctioning his twitter account and then pulling out. Notable that the bid touched a price of $1,500 before he decided to pull out of the auction.

Conversation, did we say these are? These seem to come at a price though!

Courtesy: Ashish Tulsian for the TeamLease wedding card story and Valleywag(of all sources!) for the Ian Schafer piece.

Tuesday, June 24, 2008

You Are Watching the Big Brother

Location: Raheja Arcade, Near Forum Mall, Koramangala, Bangalore

Perhaps just a co-incidence that the agency connected with the big screen in the picture above is named Apple Media. Otherwise, the picture looks eerily similar to scenes from Apple's 1984 Commercial. With OOH advertising growing at such a big rate, looks like no matter how much we run or hide, the advertisers are going to get us, our eyes or our eyeballs rather!

Wednesday, March 19, 2008

Truth About Youth - An MTV Study

Not yet. Turns out MTV is not going out of business because of every Tom, Mark and Steve and Chad turning into a content generator or building platforms for user generated content. A series of studies and research by MTV compiled into a book The State Of Cool, confirms mostly what is common knowledge and some insights into trends on youth culture, their usage of internet and mobile.

The State of Cool, a book published by MTV’s Insight Studio has a statistic that should set minds at ease only 1% of young visitors to user generated content sites actually upload anything fresh and original. 10% or less actively participate and leave comments, while 90% are passive spectators.
Ah, what about the Pareto Principle then? But 1% is way too less.

The importance of catching ‘em young is almost a clichĂ© , but MTV states the market is more lucrative than ever before: youth across India spend up to Rs 9 billion in pocket money every day. A good deal of it on mobile phones and related services. Two years is the utility expectancy of a cell phone for 63% of young Indians; 57% of youth across Asia state that they’d like to replace their MP3 players with a music enabled mobile. The eagerness to add ringtones, music and games is good news for promoters of value added services.
No wonder every youth brand is chasing the youth these days. And their pockets are only going to swell in the days to come.

Indian youth are obsessive about keeping in touch, of which social networking is a huge component . 59% visit sites like MySpace almost every time they are online (see I-Generation ). India lags behind only Brazil in this sphere. As many as 69% of young Indians use these sites to chat with existing friends. 57% consider it an avenue to meet new people. It’s a de facto art gallery for 49% who share pictures. In India , Brazil and China, exclusively online friends beat close friends by a huge margin.



What Indian youth add to their mobile phones?

















What Indians use the internet most for?



















What Indians use the mobile most for?


















Source: This Economic Times article.

PS. Recommended reading - Chasing Cool.

Thursday, February 21, 2008

Natural Born Clickers - More Clicks Not Equal To Better Brand Building

Findings from a new study by Starcom, Tacoda and comScore’ suggest “the click is dead” as go-to measurement of effectiveness for brand-building display advertising campaigns .

..The study illustrates that heavy clickers represent just 6% of the online population yet account for 50% of all display ad clicks. While many online media companies use click-through rate as an ad negotiation currency, the study shows that heavy clickers are not representative of the general public.

Further preliminary Starcom data suggests no correlation between display ad clicks and brand metrics, and show no connection between measured attitude towards a brand and the number of times an ad for that brand was clicked. The research presentation suggests that when digital campaigns have a branding objective, optimizing for high click rates does not necessarily improve campaign performance.

The study only bring to light the problem faced by marketers(if they are aware of it, that is) and the agencies helping them. action being tracked and metrics clearly defined, using the medium for purposes of brand-building and brand loyalty is a problem waiting to be solved.

More on the study here.

Thursday, February 14, 2008

Teaser Campaign Using Websites..

...and offline promotion of the same.




















It's perhaps a campaign for a mall to be launched soon. The stat counter on the site at this point reads 16137. Decent enough numbers one would say for a visit to such a website.

The previous such campaign which is still fresh in one's memory is the whatiteez campaign for Krackjack(?) featuring Cyrus Broacha. Interesting trend this, of using the internet to run teaser campaigns.

Monday, February 4, 2008

No Such Thing Like Early Influencers?

Turns out then that The Tipping Point theory doesn't quite tip a lot of things.

Duncan Watts at Yahoo! Research has this to say -

A rare bunch of cool people just don't have that power. And when you test the way marketers say the world works, it falls apart. There's no there there.


Oh what then about a lot of poor souls who bet heavily on things to succeed hoping things will go viral, or that they are through by winning over the influencers? Interesting, because most things which became hugely popular, at least over the internet, owe their success to the viral power. More in this FastCompany article.

Sunday, February 3, 2008

A Lot Can Happen Over Coffee. A Lot, Really!

While we're at it, trying to understand if it's just coffee for which people hang out at coffee shops, YouthCurry has an interesting discussion on the same subject.

From Coffee to bahana hai -

I bumped into a friend who has just joined a mobile start up company at Barista in Phoenix Mills. "Aajkal yehi mera office hai," he grinned.


"Hmm.. investors ko bataana padega aap unke kitne paise roz coffee peene mein waste karte ho..."


He replied, only half in jest, "Rs 500 a day is a steal. When our office across the street gets ready we'll be shelling out Rs 1.75 lakhs a month on rent alone!"


Point to hai. Reminds me of the scene during the earlier dotcom boom when junta had made the Oberoi lobby and coffee shop their adda-cum-office. Paanch saal mein kuch progress hua hai: cheaper coffee and data modem cards to access internet anywhere. In the near future we'll see more of public wifi access.
For the start-up types!
Current hotspots for startup types include:
Just Around the Corner, Bandra
lobby of Marriott hotel
And in Bangalore, the Leela coffee shop
Interesting how each coffee shop serves as a convenient location for different people and different purposes.

Of course, coffee shops are not just the preserves of recently-quit-job-looking-for-VC types. There are many other species, and in fact each location has its own peculiar set of customers.

Barista Chembur: popular with MLM (multi-level marketing types). They make snazzy presentations which promise anyone can make 3 crores in 2 years if they work hard enough and get enough other idiots to join.

Barista & CCD Lokhandwala: The preferred hangout spot of filmi and TV wannabes. I suppose they actually hang out here waiting to catch the eye of some hotshot director, or at the very least Ekta Kapoor's casting crew.

Barista, Colaba (near Regal cinema): Always full of backpackers - has it got a mention in Lonely Planet yet? Possible description: 'A place where you can rest your dusty feet and use the free loo, for the price of one black coffee'.


This, is so very true. Having observed quite a few of such interviews.


At all Baristas, everywhere: Arranged marriage 'interviews': ladkas and ladkis who've located each other at shaadi.com. Remember Konkona meeting Irfan Khan in Life in a Metro?

Of course usually there are parents and sometimes even extended family in tow. After a few pleasantries they move six tables away and give the boy and girl a chance to 'talk in private'.

Kuch nahin jama to you don't need to feel like a loser. It was just a casual meeting at a coffee shop!
Definitely, a lot can can happen over coffee. In fact, more than a lot. If nothing happens, it was just for coffee. True, no?

Tuesday, January 29, 2008

Coffee in CCD - yeah,right.

Trying to understand what makes Café Coffee Day the popular hang-out it is today among the youth.

Ayan says -

I personally dont like coffee at all, but would love to try out kopi luwak coffee simply for so-I-can-talk-about-it-and-gross-others-out benefits. Can't comment on how much people like the coffee there.

What to do at CCD?

But yes, its a nice relaxing place where all one should do is relax, tell the waiter (who'll come wearing a long red skirt) that you are waiting for n+1 friends (where n is the number of friends you are expecting) and you'll order after they come, chat with your friends after they come, then get up and leave. If you order coffee, then you didn't get the point of the last sentence. Of course, after a few such trips, the waiters will become wise to your ways. In that case, simply shift to the next CCD - which wont be more than a 5 minutes walk.

Oh, and in case you were feeling hungry and decided to go to CCD, try this - take out a hundred rupee note, throw it in the gutter, and then buy a dabeli at the nearest stall - the effect will be the same.
What do you think of CCD? Like it or don't like it? Tell us in the comments. An easier way out, just take this poll.