We are still mad men – but we are also maths men?
Day two of the Festival of Media showcased a broad range of speakers, from mega brands such as Coca-Cola, politics in the shape of President Obama’s aide Roger Fisk, the great Sir Martin Sorrell and the impressive INKtalks, an Indian collaboration with TED, which showcases inspiring individuals and their stories.
Brought together to explore the concept of mobility in the social, political and media landscape, their varied approaches were united by the way each had embraced changing individual and social consumption patterns to better engage with their audience. As Sir Martin Sorrell commented in his keynote, “It’s not the year of the mobile, every year is more mobile”.
“Data is the compass, analytics is the map"
Quote of the conference for me was President Obama’s former aide Roger Fisk who was instrumental in re-writing the rulebook for engaging with citizens during the 2008 campaign when he noted “Data is the compass. Analytics is the map”. This should be a mantra for all marketers as the value chain shifts and future relevance will require best in market interpretation and application of data findings.
This was echoed by Lakshmi Pratury from INKtalks.com who told the audience that mobility is about more than just technological change; it is moving our thinking and unlocking creativity. But it was down to Sorrell to bring home the impact big data capability is having on the industry. He noted that “we are still mad men but we are also maths men”, asserting that business is now both an art and a science; getting the right balance will be critical.
WPP’s clients have shifted to embrace not only CMOs but also CTOs and CIOs and there is real opportunity if technology and what he defined as horizontality – getting people to work together, specifically in the area of data – can be successfully applied to the business of marketing.
Frenemy at the gates
There were more than a few murmurs in the room – possibly of assent – when Sorrell, in discussing how the balance of power within companies has shifted, proclaimed that “Google is a frenemy, some people will be upset by that comment but I’ll say it again because I think it’s true”.
He added that Facebook, Google and Twitter are media owners pretending to be technology companies whilst being emphatic that companies like WPP are the intermediary whose role is to guide what their clients spend and where they spend it. This is where he sees considerable value and future continued success.
More conversation and less action…
The notion of trusting and empowering your audience was examined by Roger Fisk, Indra Suharjono of Viacom International Media Networks Asia and Leonardo O'Grady, from ASEAN Coca-Cola.
From the political perspective Fish highlighted the 2008 US election proved that the use of personalised peer to peer communication ultimately beat the TV broadcast model in terms of influencing. He used the example of reaching 50,000 people in 10 minutes during a political rally by inspiring the 5,000 attendees to contact their friends via mobile phone calls and text messages.
Of course empowering and relying on peer to peer communication can be a white knuckle ride for brands but O’Grady considers Coca-Cola has fully embraced it as a route to market noting that brands are no longer ‘owned’ by marketers. Coca-Cola’s marketing ethos is about participating in culture and engaging in great story telling, creating experiences for the few to be shared by the many.
Similarly, Viacom’s O’Grady’s mantra was ‘connect, curate, create’, illustrated by the ‘mobisode’ content Viacom develops for mobile phones and the experiences created specifically to amplify messages across multiple devices.
Sir Martin Sorrell was quick to praise Twitter as key in this type of storytelling, branding it as a ‘phenomenally successful PR medium’ before noting that 90% of auto purchasers include search, emphasising the rise and rise of peer marketing. This is borne out by the conversations that we are having with our own clients in Australia. They know that they have to provide the right type of compelling content across the right medium to consumers and are looking to experts in the field to tell them where their audience is and to connect with them irrespective of the platform to effectively tell their story.
And then day two and the festival was over, serving up a timely reminder that our industry has huge potential for those who can marry the mad men with the maths men and significant risk for those organisations who continue to be slow to adapt and evolve. It’s clear our industry offers a fascinating ride for those of us lucky enough to be at the forefront of innovation and change.
Matt Hunt is managing director of Adconion Media Group, Australia
Please login with linkedin to comment
Latest News
TV Ratings (18/04/2024): I’m A Celebrity Wins Prime Time And Key Demos
Aussie viewers can be a harsh lot at times. Only days after Ellie Cole bled her heart out, she has been sent packing.
Effie&co Launches New ConnectAsia Division To Help Aussie Brands Market To Asian Consumers Overseas & At Home
Not provided is advice on using chopsticks and not spilling ramen down your shirt.
Cashrewards Sets Out Stall For New CMO
Thinking of applying for the Cashrewards CMO gig? Here are some insider tips that, yes, are tantamount to cheating.
‘I Ask For The TV Industry To Stand Up And Defend Itself’ – Seven Boss James Warburton Steps Down
The Seven supremo heads for the exits after five years. Here's hoping the Spotlight team organised the farewell bash.
Poh! Jamie! Adriano! Paramount ANZ reveals its tasty plans for this year’s MasterChef
It's your fan's guide to this year's MasterChef! Although no tips on how to pronounce crudités or use a un fait-tout.
Dentsu’s iProspect Partners With MOOD Tea Ahead Of May Campaign Launch
We love a Mood Tea here at B&T. Although we do store old screws and nails in the International Roast caterer's tin.
Opinion: When Culture Starts Eating Itself: Navigating The Age Of Self-eating Nostalgia
Born boss David Coupland asks is adland going through a nostalgia period? But please, no repeats of Best Of Red Faces.
Who’s Going To Cannes?! The TikTok Young Lions Winners!
It's Aussie adland's next gen! They're off to Cannes with high hopes of bringing back a Lion & a foot-long Toblerone.
Adobe Launches Express Mobile App With Firefly AI
Want to be the coolest kid at Friday staff drinks but forgot your retro Nikes? This new Adobe wizardry may do the trick.
ThinkNewsBrands & IMAA Extend News Publishing Education In Brisbane
Industry duo takes its publishing roadshow to Brisbane. Was disappointed no male attendees were wearing walk socks.
B&T Chats With Wavemaker’s Provocative Pioneers On Their Cross-Pacific Sojourn
B&T TV heads to Wavemaker's Sydney digs to interview two staffers from its New York & LA digs. If that makes sense?
HoMie & Champion Launch “Give One. Get One” Campaign Supporting Youth Homelessness Via Town Square
Much like the fête's prized chutney wears a blue winners sash, so too should this top initiative from HoMie & Champion.
Thinkerbell Takes Us Back To Summer In Latest Work For XXXX
This beer ad wants to take you back to summer! Just minus any chance of a shark attack on your morning bus commute.
Cannes Lions Unveils 2024 Programme Featuring Queen Latifah, Jay Shetty & P&G’s Mark Pritchard
Are you one of the lucky ducks heading to Cannes in June? Check out the headliner acts you'll be queueing hours to see.
Scroll Media Recruits Costa Panagos From Twitch
Costa Panagos set to bring South American flair to the Scroll offices. Assuming that he is, indeed, South American.
Year13, Microsoft & KPMG Australia Launch AI Course For Gen Zs
Born around the 2000s? Need to amp up your AI creds? This guide's for you (although it's not really that age specific).
General Motors Snares Heath Walker From Scania
Do you rage about oversized American cars on our roads? You need to bail up Heath Walker at parties & industry events.
VML Launches New “Envoyage” Brand For Flight Centre
VML unveils new brand for travel operator Flight Centre. Alas, no sign of those paid actors pretending to be pilots.
Subaru Places Media Account Up For Review
Subaru puts media up for review, as adland journos get set for mandatory "agency drives off with..." headline.
TV Ratings (17/04/2024): Contestants Faced With Harsh Realities As Alone Australia Heats Up (Or Cools Down)
Alone still doing the business for SBS. Overly long train journeys not doing the business, but they persist anyway.
Ben Fordham Loses Number One Spot As Ray Hadley Celebrates 156th Ratings Win
The radio numbers are in! Discover who's off for a boozy lunch today & who's waiting for the dreaded HR death knock.
Gourmet Ice Cream Brand Connoisseur Launches New “Thrill Your Senses” Iteration, Via SICKDOGWOLFMAN
Rattling the old "truth in advertising" adage comes this ice-cream spot full of noticeably thin people.
Paramount’s Global Sales Boss: ‘Australia’s Converged Model Is A Blueprint For How I’d Like All Of Our Markets To Be’
Paramount's global sales boss gives local sales ops the thumbs up. Didn't weigh-in on the Lisa Wilkinson debacle.
TikTok Starts Testing Its Instagram Rival In Australia
In exciting news for piano playing cats & brattish pranks in shopping centres, TikTok unveils its Insta rival plans.
Man Wrongly Named By Seven As Bondi Killer Hires Lawyers
Struggling to save for a house deposit? Why not get wrongly identified by Sunrise!
Smartsheet Appoints Indie Agency Sandbox Media To Its Media Account
Can't stand your colleagues? Like to dob them in when they miss a deadline? These work management platforms are ideal.
Boss Not Letting You Come To Cannes In Cairns? Use This Business Case To Convince Them!
Stingy boss won't spring for a ticket to Cairns? Add this to your persuasive argument repertoire. Or grovel.
Alt/shift/ Brisbane Builds Portfolio With Ausbuild Creative, PR, Content & Social Account Win
The Brisbane comms/PR agency lands constructor Ausbuild. Also hoping for a discount on its new glass conservatory.
Young Guns Versus The Old Guard: Who Adds More Value to Our Industry?
Cannes In Cairns poking this hornet's nest in a lively debate. Just so long as the oldies can get up the stairs.
70% Of Aussies Don’t Have Green Power Plans ENGIE Says In Major Brand Campaign Via HERO
Are you the notorious "light leaver on-er" in your flatshare? Quell any infighting with this green energy news.
PrettyGood Launches Offering Brand & Media Solutions For Australasian SMEs
B&T applauds the charitable nature of this new agency. Although we'd hate to see it impact any Chrissie present sends.
A Blunt End: Dolphins Medicinal Cannabis Sponsorship At Risk
Yes, it's another NRL drug story. Yet, thankfully it doesn't involve coke in Kuta during the off-season.
Slew Of New Creative Hires At Leo Burnett Australia
Ahhh, all black! The outfit of choice for agency creatives, David Jones staff and everyone in Melbourne.
Under Armour Unveils Local “Live in UA” Campaign
American apparel brand set for yet another tilt at the Aussie market, as Nike declares "we'll see about that".
Pepsi Launches New Look, Refreshing Classic Fashion Staples Via Special PR
Are you always the bridesmaid, never the bride, as the old saying goes? How do you think Pepsi feels?
Pure Blonde Returns To A Place Purer Than Yours In New Campaign Via The Monkeys
B&T's always been a huge fan of the 'drink yourself thinner' diet plan. So big thanks to Pure blonde, vodka & tequila.