Marketing Australia – February-March 2019

(Nancy Kaufman) #1
marketingmag.com.au

MARKETING 2019

60 INTERVIEW


tell that story through photography
or video. As big brands shed their
agency relationships they [seem to]
lose that capability.
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? They get
this insight that people have an
entrepreneurial spirit, they aspire
to do things; so how do we, as a
fi nancial institution, help them?
How do you take that down to the
next level to create a campaign?
And then what are the actual
creative stories?
There’s a wealth of publicly
available data out there about real
customers talking – what they
like, what they don’t like, which
topics are interesting etc. So we’ve
developed a process that allows us
to basically segment that audience,
then look at the topics that are
unique to the audience that that
fi nancial institution is targeting
by comparing those topics to the
broader audience.
So if you’re in that audience and
you’re really interested in craft beer,
and you, as an audience group, are
talking about that a hundred times
more than the general audience of
the same segment, we know that
that topic makes you unique. If we
can fi gure out how to link that topic
to your objective as a brand, there’s
potentially something there where
we can wrap our messaging in the
different types of media that we
spit back to you around that theme,
which generally has a bigger impact.
And that is very interesting
because that’s kind of what a
creative agency does, right? But
you’re able to do this through the


dataset. You can come up with
10 ideas in an hour based on the
dataset; you have a low cost, quick
turnaround production arm, spin out
a bunch of different creatives, A/B
test it against a smaller audience
and fi nd out which piece actually
resonates.
It starts at the audience insight,
which traditionally sits in the
media arm, links in creative and
measurement so you start seeing
all of these cross-functional teams
being formed. It’s all because you’ve
just enabled this different way of
thinking about creative and this
different way of production.

How do you study the effi cacy of a
client’s competitors’ content?
There’s a tonne of cost pressure
on brands to reduce how much it
costs to create content. As a result
of that, they consolidate vendors
or they bring agency in-house and
do all these things to cut costs.
When you do that, you lose your
connection into a diverse set of
creatives and it starts to narrow your
ability to think, and you start to focus
on the category itself and only your
brand itself.
[Looking at examples of water
brands on Instagram] – they’re all

very Instagrammy. If you look at a
photo individually, they’re all very
aesthetically appealing and the
brand is clear. But when you start to
group them all together, they all look
the same, so the consumer is going
to have a hard time differentiating.
When we’re creating content,
we look at what’s happening in the
category, then we make sure that
the visual identity – calibrating the
variables – allows us to stand out
and differentiate visually from here.

What is the most interesting
trend you’ve seen develop in the
content space since you started?
Most of the changes I’ve seen have
been on the brand side. It’s funny,
when you’re a start-up, the strategy
becomes so clear because it’s so
ROI driven. When you become a big
company I think that starts to get
lost a little bit and you have all these
sacred things that you can’t mess
around with. Say a monthly print
catalogue – there’s clearly no ROI
and it’s super expensive, but you just
can’t mess around with it and no one
knows why.
I’m seeing that changing pretty
quickly, where brands are just
getting more comfortable doing
things they’ve never done before,
more comfortable with releasing
control, more comfortable with
working with newer partners. I
don’t know if that’s a function of
a turnover of marketers with the
younger generation or because
all this pressure to reduce costs
means they don’t have another
choice, but the tone of conversation
for a new or unknown vendor (like
us and some of our competitors) is
totally different than what it was a
year ago.

They were
literally sending
spreadsheets
around to the legal
team, to the PR
team, the marketing
team, the brand
team – all for 140
characters.
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