Marketing Australia – February-March 2019

(Nancy Kaufman) #1
marketingmag.com.au

58 INTERVIEW


How did you fi nd the pivot to
a content landscape suddenly
fl ooded with social media
platforms?
It’s funny, clients really struggle with
change. Usually clients control this
very, very small part of the pie, so
when things start to change, there
are all these human dynamics that
come into play.
One of my earliest memories
of coming from non-marketing into
marketing was how brands were
trying to fi gure out Twitter from
a compliance perspective. They
were literally sending spreadsheets
around to the legal team, to the PR
team, the marketing team, the brand
team – all for 140 characters. Just
logically from a resource perspective
it really made no sense – but that
still exists today.
Even if you think about how
executives used to pick a TV
commercial: the agency would
come in and show three slots, then
on their gut [the executives] would
pick the one that best resonated
with them. That process doesn’t
translate into digital because you’ve
got hundreds of pieces of content,
so it’s a completely different format.
But it’s a good thing because it


creates a huge opportunity for new
companies. Whenever there’s a
change, there’s tension, and that’s
just open space for companies like
Flashstock to start and thrive.
We launched in 2014 with a
couple of employees and a few
clients, bootstrapped. 2016 was
our banner year. We grew from 15
people to 80 people. It started to
become a little more mainstream
to have different ways to create
content. Brands were a little more
open to going outside of the agency
domain. In 2017 I met with the
Shutterstock team. All our stuff
was custom, all Shutterstock’s stuff
was pre-shot stock, so it became
this interesting opportunity and
Shutterstock said, ‘Hey, do you
want to come join us?’ and we
decided to do so.

Was it a natural transition from
Flashstock to Shutterstock
Custom?
It was pretty straightforward.
[The transition] was a little hard
for our clients because the
people who are heavy users of
stock are usually the practitioners,
whereas the people who understand
the value proposition of cheaper,
faster, better content are usually a
little more senior in the organisation


  • so it wasn’t a direct synergy
    towards the stakeholders. It was a
    bit of a challenge.


Why is consistency so important
in branded content?
First of all, if you’re seeing
inconsistent messaging, from a
recall perspective it becomes
really challenging. If you’re a
consumer it’s just hard to follow
and because of that friction you’re

going to have less impact. Whereas,
if you have a consistent look and
feel and a consistent message, that
makes sense in terms of the value
that you bring to the market; it’s
easier for consumers to understand
and comprehend.
Regardless of whether it’s
Instagram, a website or print
collateral – it just makes it easier
to have an impact and create that
incremental value from a marketer’s
perspective.
The challenge is: when you’re
going from a few pieces of content
on a few channels to many on
many channels, there are just
more stakeholders involved. In that
case, consistency becomes hard to
enable across your organisation. If
you’re working with 15 creators and
multiple agencies, you really have to
invest quite a lot of time.

Are there elements of branding
that you fi nd are interchangeable
and augmentable and elements
of content that are not – that
have to remain consistent no
matter what?
It’s up to the brand. I see it as
quite different. Depending on the
background of the stakeholder, the
type of brand, it can really go either
way. We’ve had relationships with
clients in the FMCG space where
they are so regimented on every
single pixel and if it deviates from
that, forget it.
Change of leadership, same
brand, same budget, completely
reversed, complete and utter
fl exibility. I think people are realising
that performance is ultimately
the driver. Whenever you add
more constraints it drives up the
complexity and the cost.

MARKETING 2019

You see


it a lot with


fi nancial services


companies; they


say, ‘We want to be


aspirational.’ What


does that mean


from a campaign


perspective?

Free download pdf