How digital brands are advertising

During a recent visit to the cinema, I was surprised to see adverts for major digital brands on the big screen, ahead of the main feature.

I’ve always thought of cinema advertising as falling into one or more of the following categories:

  • ads you don’t see on TV (often longer than their small screen counterparts)
  • luxury names and aspirational brands (travel, spirits, fashion, financial services)
  • local businesses (the pizzeria “just a short walk from this theatre…”)
  • movie tie-ins (highlighting the product placement in the film you are about to see)
  • seasonal themes (especially Christmas)

What struck me on this occasion were the ads by three DNBs (digitally native brands), featuring LinkedIn, Tik Tok and Audible. Despite the disparate nature of their businesses, I realised that there was a common element.

As the above-linked McKinsey report states, successful DNBs are really good at connecting with (and understanding) their audience, identifying and fulfilling very specific needs with unique solutions, and leveraging the very technology they are built on to promote their services and engage with their customers. Witness the well-timed “alerts” from food-delivery platforms in the early evening, the viral campaigns designed to enforce brand awareness, and the social media feeds designed to build customer engagement and loyalty. (Note that the report features Peleton as a poster child for its thesis, before the personal exercise brand ran into recent difficulties.)

If you look at most DNB campaigns, they are primarily generating demand via very specific human drivers:

1. Aspirational – the pure FOMO element (not unique to DNBs, of course, but they do it more subtly than many consumer brands)
2. Experiential – highlighting the tangible benefits (of mostly intangible products)
3. Socialisation – the paradox of building a trusted relationship through hyper-personalisation and constant sharing…

These three cinema ads each contained implicit “story-telling“. LinkedIn positioned itself as a platform for establishing our own narrative (telling our own truth?); Audible promoted its audio content (books and podcasts) as a means to find authentic stories that resonate with us (and this was long before the recent shenanigans over at Spotify); and Tik Tok used a well-known viral video as the basis for building community around shared stories.

Of course, story-telling is hardly a new concept in brand marketing, and has been eagerly adopted by digital brands (think of campaigns during the pandemic which have featured on-line connectivity and remote working). However, it has become an over-used technique, and is often cynically exploited in the service of corporate green-washing, jumping on social bandwagons, and blatant virtue signalling.

Call me jaded, but I’m old enough to remember the fad of consulting firms pitching their clients on building a “corporate narrative“, drawing on employee stories and customer experiences, as the foundation for those anodyne mission/vision “statements” – but they typically ended up as exercises in damage control in case the truth got out.

These particular cinema ads managed to use story-telling to create a human dimension (authenticity, connectivity, community, sharing, etc.) that is more than simply “buy our product” or “use our tech” (although obviously that’s the ultimate goal). It would be very interesting to read the briefs given to their creative agencies, given that the ads were all in the service of corporate branding.

Next week: Doctrine vs Doctrinaire

 

 

 

Facebook and that news ban

On February 18 this year, Facebook decided to “ban” news content in Australia. This meant that Australian Facebook users (including media companies) could not post news content or links, nor could they access local or overseas news. The move was a preemptive strike (and a somewhat crude negotiation tactic) by Facebook in an attempt to circumvent the Media Bargaining Code, which requires social media and search engine platforms (specifically, Google and Facebook) to pay news providers for the use of their content. Despite the gnashing and wailing among some sectors of the Australian community, the world did not end. And while Facebook has somewhat relented (following some concessions from the Federal government), the story has generated some useful debate about the power of certain tech platforms and the degree of influence or control they exercise over what we see on our screens each day.

Image sourced from Wikimedia

Personally, I did not find the ban an inconvenience, because I rarely use my Facebook account, and I certainly don’t rely on it for news or information. Instead, I prefer to access content direct from providers. One result of the ban was more downloads for Australian news apps such as the ABC and Inkl. Another (unforeseen?) result was a block on information posted by public and voluntary sector bodies, including essential services, health, community and charitable organisations.

Regarding the former, this can only be a good thing. Seriously, if we are relying on Facebook for news content, THAT is the real problem. As for the latter, it suggests a lot of organisations have become over-reliant on Facebook to reach their audience.

Meanwhile, Google (which had already struck a deal with Australian media companies) was eagerly promoting the number of Australian “partner publications” it offers in its News Showcase. This was something of a U-turn, because Google had threatened to remove search in Australia in response to the same Media Bargaining Code. While that might have been drastic, nevertheless, other search engines are available.

It was also interesting to see Microsoft (no stranger to anti-trust action during the so-called browser wars) promoting BuzzFeed via Twitter on the day of the Facebook ban. I also received a number of e-mails from various organisations reminding me that I could still access their content direct from their website or via their newsletter. These moves to re-connect direct with audiences started to make Facebook look very silly and petulant.

Just as there are other search engines besides Google, other social media platforms are available – so why do so many people appear to be against the Media Bargaining Code, and would prefer to give Facebook a free monopoly over which content they read?

I have written previously about Facebook’s relationship with “news”. For those people who felt “cheated” that they couldn’t access news, they should realise that a “free” social media account comes with a price – the consumer is the product, and is only there to serve up eyeballs and profiles to be sold to Facebook’s advertisers. In short, Facebook only sees news as a magnet for its own advertisers, so it seems only fair that they should pay for this piggyback ride on someone else’s content. (And we all know what else Facebook does with our personal information, as the Cambridge Analytica scandal revealed.)

Some commentary suggested that Facebook is providing a type of “public service” by enabling links to news stories – so much so, that they question whether it is equitable to force Facebook to pay for the privilege, under the new Code. In fact, some argued that Facebook should be charging the media companies for linking to their stories, since this drives traffic to third-party news sites, which in turn generate advertising income based on their own readership. But this overlooks the reality of the economic bargain being struck here: Facebook might like to argue that it is doing you a “favour” by serving up news content in your personal feed; whereas, the social media giant “curates” what you see in your feed purely to generate ad revenue.

Alternatively, if news content has no value to Facebook, why has it been happy to distribute it for “free” all these years? Because, I repeat, they know full well that without readers and content, they can’t sell advertising. Maybe Facebook should invest in journalism and create their own news content? Oh wait, they don’t want to be regulated like a newspaper. Remember in 2013 when Facebook said it wanted to be “the world’s newspaper”, but then they realized they’d have to comply with media laws (libel, racial vilification etc.) and quietly dropped the plan?

In short, Facebook is not interested in being a news publisher (nor being subject to relevant media laws) but they are happy to “leverage” third-party content. Now, they will have to pay a fair price to use that content.

The conclusions from this Facebook episode (and some clumsy messaging from the Federal government) are pretty obvious:

  1. There is no such thing as a free lunch – a “free” social media account comes with a price; and there is also a cost attached to using someone else’s content
  2. Taxation of tech company revenues like Facebook, Google, Apple, Netflix and Amazon should be at the point of sale and consumption (i.e., where the consumer value is created and the income is generated, not where the revenue is recognised).
  3. Other search engines and social media platforms are available and content can be accessed direct from the source (but we’re probably too lazy to change our habits….)
  4. In part, this is about the continued demise of the 4th estate – no-one wants to pay for content, so social media platforms are getting a free ride having already destroyed the newspapers’ classified and display advertising business model
  5. But it’s also about the attention economy – consumers are the product when it comes to social media, so perhaps we should get paid more for our own time spent looking at ads?
  6. As ever, tech outstrips legislation – the law lags behind and is playing catch up
  7. And politicians really don’t have a clue how to go about this…..

Next week: Rebooting the local economy

The Current State of Popular Music

Over the holidays, during a family get-together, two younger relatives mentioned what their favourite pop song was. I did not know the song by title or artist, and until very recently I actually I thought it was an advertising jingle. I now understand that the combination of the song’s novelty factor and its ubiquitous appearance had helped to make it very popular. I can see why it may appeal to kids – but I doubt it will become an evergreen classic….

The song they mentioned incorporates a number of musical tropes very prevalent in many current pop songs, especially as regards the vocal styling and lyrical phrasing. But like much of the music being produced these days, it will likely be forgotten within a couple of years at most. The inherent “novelty” of the vocal could render the song a one-hit wonder, and the artist a one-trick pony.

I have nothing wrong with pop music per se, but if “we are what we eat”, surely we can become what we listen to. An unending and unvarying diet of mainstream pop music (as defined by commercial radio playlists, as measured by self-serving charts compiled by streaming services, and as financed by major record label marketing budgets and promotional tie-ins) is the equivalent of eating nothing but fast food and processed snacks.

So, at the risk of being labelled a grumpy old man, here is a list of things that are mostly wrong with contemporary pop music:

1. Vocals that feature one (or more) of the following:

  • the sound of cutesy chipmunks on helium
  • forced falsettos, cracked breathlessness and over-emoting warbling
  • singing from the back of the throat (as if constipated)
  • singing through the nose (as if congested)
  • whining, strained upper registers  (as made infamous by a certain tantric pop star)
  • auto-tune effects (especially those in search of a melody…)
  • shouting in place of projection
  • turning vowels into consonants, and consonants into vowels
  • adding syllables that don’t exist, and leaving out ones that do
  • over-stressed sibilants

2. Lyrical phrasing, scansion and rhyming schemes courtesy of Dr. Seuss,

3. Slogans, nursery rhymes and shouty phrases in place of lyrics

4. Drum and percussion tracks either programmed by ADHD, or inflicted with St. Vitus’s Dance

5. Boring, boxy and plodding 4/4 rhythms, with no syncopation or variation

6. Same set of production techniques and sound effects as used by every other producer or DJ

7. Samples based on the nastiest ringtones available (or programmed on the cheapest synths around)

8. Never mind a lack of key changes, or an absence of chord progressions, songs that revel in one-note vocal lines

9. An absence of interesting melodic or harmonic structures

10. Sound compressed into the smallest available bandwidth so it is easier to stream, but which ends up sounding flat and claustrophobic, and with exactly the same sound dynamics as every other song

11. No space to let the music breathe – every available beat and bar has to be filled up, especially with vocalese stylings

12. Too many cooks – songs by “X feat. Y with Z” are usually contrived concoctions dreamed up by the record company (“hey, we can flog this song to fans of all three of them!”) that end up as filler tracks on their respective solo albums

13. Kitchen sink productions (as in everything BUT the…) – you can almost imagine the producer in the studio shouting, “cue flamenco guitar, cue rapping, cue 80’s sample, cue metronomic rimshot, cue call and response vocals, cue detuned kick drum….!”

Part of the problem is that with the cheaper costs of recording, and the wider access to the means of production, anyone can make music, and release it direct to the public online. Meaning there is just so much more new music to listen to. However, the major record labels and their media partners still control most of the marketing budgets and distribution costs, that largely decide the songs we tend to hear, and that ultimately determine which songs become “hits”. By default, this process prescribes much of what is deemed “popular taste”. With the increased use of algorithms and other techniques, artists, producers, labels and media platforms can increasingly predict what songs will be successful, in a self-fulfilling prophesy of what will “sell”. it’s like punk never happened….

Next week: Sola.io – changing the way renewable energy is financed

An open letter to American Express

Dear American Express,

I have been a loyal customer of yours for around 20 years. (Likewise my significant other.)

I typically pay my monthly statements on time and in full.

I’ve opted for paperless statements.

I pay my annual membership fee.

I even accept the fact that 7-8 times out of 10, I get charged merchant fees for paying by Amex – and in most cases I incur much higher fees than other credit or debit cards.

So, I am very surprised I have not been invited to attend your pop-up Open Air Cinema in Melbourne’s Yarra Park – especially as I live within walking distance.

It’s not like you don’t try to market other offers to me – mostly invitations to increase my credit limit, transfer outstanding balances from other credit cards, or “enjoy” lower interest rates on one-off purchases.

The lack of any offer in relation to the Open Air Cinema just confirms my suspicions that like most financial institutions, you do not really know your customers.

My point is, that you must have so much data on my spending patterns and preferences, from which you should be able to glean my interests such as film, the arts, and entertainment.

A perfect candidate for a pop-up cinema!

Next week: Life After the Royal Commission – Be Careful What You Wish For….