Friday, November 30, 2012

Mewing Nuns, Disappearing Dongs, and Socialmania

 
Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one.
Charles McKay, Extraordinary Popular Delusions and the Madness of Crowds (1841)


It’s a human trait that whenever we start gathering in groups, we tend to act like idiots or believe in the absurd.  The behaviour of soccer fans or the success of Bernie Madoff stand as examples. 

Delusions usually start off when one person acts out of the ordinary.  OK, way out of the ordinary. For instance, during the Middle Ages at a convent in France, a nun began to mew like a cat.  And she mewed to two nuns, and they mewed to two nuns and so on and so on and so on… Pretty soon all the nuns were mewing.  And everyday they gathered at the same time and mewed for several hours together. Now, during the Middle Ages cats were considered to be BFFs of Satan and when the all the sisters in the nunnery started sounding like cats, the local citizenry sort of freaked out and called the cops.  These kitty koncerts continued until the fuzz arrived and told the nuns that soldiers were coming to block the entrance to the convent and would use their wooden rods to beat the tar out of any nun who mewed until they promised not to mew anymore.  This may be where the expression “cat got your tongue” originated because the mewing stopped shortly afterward.  (Heckler, J.F.C. Epidemics of the Middle Ages (1844):117 4n)


Then there is the case of the disappearing dongs.  In 1990, years before Nigerians figured out how to use the Internet to con gullible Westerners out of their money, the men of the country were losing their dongs.  It all started, apparently, when a man accidentally bumped into a stranger in public, and moments afterwards the victim supposedly had a strange feeling in his scrotum and had to grab his junk to make sure it was intact.  He believed it had disappeared.  This caused him to chase after the stranger and accuse him in public of being a genital thief, which, of course, would attract a crowd—who in their right mind wouldn’t want to see where that was going to end? 

The growing mob demanded proof that the pecker had been purloined and forced the victim to drop his pants.  Of course the victim, now standing half naked in the street, fell back on the Monty Python “She turned into a newt” defense. He claimed that while there was, indeed, a penis where his penis was supposed to be (he got better), it was, however, a lot smaller than before, or it was a “ghost” penis—really, what man wouldn't say that?  The poor accused would then be subsequently beaten until the penis was restored to it’s original size.  There were a few cases of some being beaten to death—the accused that is.   

 Whoomp! There It Isn't

The mania spread quickly and believers became so convinced that genital thieves lurked everywhere that the streets in Lagos looked like a Michael and Janet Jackson video because men clutched their crotches, or kept their hands in their pockets to maintain a good hold of their block and tackle.  Women even got into the act by gripping their mommy bags or crossing their arms over their chests whenever they were in public.  A lack of vigilance and weak willpower, it was believed, led to the stealing of the weenies.  (Ilechukwu, S.T.C. 1992. Magical penis loss in Nigeria: Report of a recent epidemic of a koro-like syndrome. Transcultural Psychiatric Research Review 29:91-108.)

There are hundreds of other examples—single tulip bulbs worth a year’s salary, flying saucers (a purely 20th Century delusion), and the mid-'70s, early-'80s El Chupacabra, the rat faced, kangaroo-legged, blood-licking, sulphur emitting goatsucker of Puerto Rico.  Today’s delusions and episodes of crowd madness usually involve money.  Lots of money.  Think of the biggest chain letter in history and multiply it by a hundred million.  

Whether it is about climate change, running your car on your own urine, or phenomenal returns on investment, when someone says that he’s an expert and he knows that X is happening right now or will likely happen in the future, and that other experts like him agree, grip your wallet like a Nigerian.  Anyone who has a grounding in Critical Thinking recognizes two logical fallacies in play here.  One is the basing of an argument on the knowledge of experts (argumentum ad verecundiam).  Just because a group has a reputation does not mean it is right.  (Thomas Sowell has a great line about experts:  “Intellectuals are the last people to realize their own vast sea of ignorance surrounding the small island of their knowledge. That is why they are so dangerous.”)  And, face it, experts know shit. When measured over time, experts are only slightly better than random guessing—chimps throwing darts at a stock page kind of random.  And it doesn’t matter what field they are in—stocks, technology, marketing—experts are no better at predicting the future than the guy on the street.  Don’t take my word for it, though, have a read through these: Wrong: Why the experts keep failing us and how to know when not to trust them, The Management Myth:  Why experts keep getting it wrong, and Everything is obvious: *Once you know the answer

The Opinion of Experts Matter
 
The other logical error, that other similar experts agree, is the Consensus or Head Count fallacy (argumentum ad populum).  The flaw is that just because we are told that a group say X will happen is not evidence that others say in X will happen, that they even believe in X, or that they even believe X is true.  The existence of consensus cannot tell us whether X is true or false. 


The Consensus Says We Should Hang Him. Now.

All this brings me to the socialmania that’s swept like a prairie fire through the advertising and marketing industry, through boardrooms and the minds of CMOs (there is no one more gullible). Social media, the experts tell us, means the death of traditional advertising, television, marketing, whatever.  And because all the experts agree that social media will change the landscape for good, you need to change your foolish ways, change if you want survive in the new future of social marketing.  How does one change, you ask?  Well, paying the experts handsomely to tell you what you need to know is a start.  Then develop programs that introduce social marketing into your media mix—plans that can never be measured in any meaningful way. 

Well, eventually nuns stop mewing, wieners suddenly grow back, and chickens start coming home to roost.  It seems that some people have broken free from the herd and are starting to see things for what they actually are.  One is Todd Wasserman of Mashable Business who on Tuesday 28 November, wrote: “The social media marketing backlash has begun. Blame the unlikely team of The Onion and IBM. The former dropped a pitch-perfect take-down of socmedia “experts” right before Thanksgiving. Then Big Blue released data that showed Facebook had almost zero effect on Black Friday sales, and Twitter actually had zero.”

If you haven’t seen The Onion Video, have a look.  It is brilliant:



The IBM study Todd mentions declared that its own study found that shoppers from social networks , such as Facebook, LinkedIn and YouTube, generated 0.34% of online sales on Black Friday—down 35% from 2011.  Twitter?  Effectively 0%.  These figures are not even close to rounding errors.   

I foresee the Socialmaniacs being held to account and measured against their wild and unfounded predictions soon (I won’t say when).  I imagine, tho’, they’ll behave like most experts and come up with more excuses than “Joliet” Jake  Blues.


Sunday, June 3, 2012

Velocitize Me



 A Pet Project

In the current issue of Marketing Magazine is an article titled, Around and Around We Go that is about shopper marketing in Canada.  The piece discusses all the tools that we marketers have at our disposal to push consumers along the path to purchase.  But now, with the rise of digital and mobile media, that path has transformed from a classic funnel model to a loop.  A Loyalty Loop.  To build that loopy thingy you need to:

·      Collect names, addresses, and email addresses with permissions
·      Push messaging of products and activities with texts and social media
·      Monitor social feeds like Twitter Facebook et al
·      Share consumer feedback of positive experiences and referrals

One proposed method to use positive consumer feedback is to create microsites populated with all those glowing reviews.  After all, according to Nielson in its study of the blatantly obvious, it found that 92% consumers trust recommendations from the friends and family over opinions expressed in advertising.

To Mike Farrell of Conversion Marketing Communications, these kinds of microsites are important because they are about humans communicating with humans.  Now I’m sure Mike is a nice affable chap, that he’s kind to children, old people, and dogs, but I have to call him out on this.  First off, humans communicating with humans, as opposed to what, the Dead? (a Ouija board already has that covered), animals? (see Doc Dolittle), Gaia? (peyote and LSD can do that for you).  He then goes on to say that if you can get someone to say something positive about a deal or new product and drop that onto your Facebook page, you’re velocitizing your communications.  *Sigh*

I don’t think it’s a good idea to get someone to say something nice, AKA paid endorsements, if you’re planning on keeping it authentic. How about just letting it just happen. Then again, using people’s comments has it problems. Take Nick Bergus, for example.  Nick spotted something unusual on Amazon:  a 55-gallon drum of personal lubricant—how or why he found it I don’t want to know.  According to the NYT, Nick saw it as an object deserving of ridicule, so he shared that link on Facebook and added the pithy comment: For Valentine’s Day.  And every day.  For the rest of your life.  Well… things, uh, sort of slid, um, downhill from there: Within days, friends of Mr. Bergus started seeing his post among the ads on Facebook pages, with his name and smiling mug shot. Facebook — or rather, one of its algorithms — had seen his post as an endorsement and transformed it into an advertisement, paid for by Amazon.  
Oh bugger! Better call the lawyers.

The Marketing Mag article goes on to say that mobile has a lot of promise, especially for sending alerts about discounts and special offers that can drive people into stores because, according to Rico DiGiovanni of Spider Marketing, bricks and mortar is where it’s at.  This is the first sensible and empirically proven point to appear in the article.  People prefer to see, touch, and feel things before buying them, especially big-ticket items.

Unfortunately, this moment of clarity was fleeting as next came a description of a possible scenario that shows the increasing potential and power of mobile.  In it, a customer comes into a store looking for a particular TV; he then proceeds to use his phone to read blogs about the item and do a price comparison with other vendors, all while in-store.  If he finds a better deal from, say eBay or Amazon, he’ll buy it that way and will leave the store before the sales staff has a chance to talk with him.  Really?  What kind of knob would actually stand there, chewing up his data plan, to do this?

It seems to me that anyone using mobile to check out a product is pretty damn close to buying it, probably within hours—it’s only a question of which store.  He did all the reading of blogs, product reviews, and price comparisons days or weeks earlier from home on a desktop.

Anyway, I know that all these new technology toys present an irresistible chance to flood people with messages, but geeks, brand managers, and CMOs, please understand this key truth:  People don’t care.  People don’t want a relationship with a brand, they don’t care about interactions or conversations with a brand, and, acting like the drunk on the all-night bus who keeps trying to strike-up a conversation, forcing the issue usually results in the intended target ignoring you or getting off a stop or two early.

Stolen from:  Sellsell.co.uk


People go online to look for discounts, to buy things, and get information about things they want to buy.  In that order.  Which is almost the inverse to what businesses believe the reasons are for why people go online.



If this keeps up, we will become like the stream of door-knocking itinerant duct cleaning peddlers, the students flogging chocolate almonds, cheap light bulbs and shitty garbage bags, or those devoted humanitarians who want me to sponsor them for some charity run/walk-a-thon/hand-holding Affirmation Circle of Life event—but want me to pay upfront.  Bombarded consumers are going to tell us, Get the fuck off my front porch and don’t come back

Pretty soon, some twenty-year old will develop a killer app that sends a screw off message to technology-obsessed marketers each time they try to clog up our inbox and mobile with conversations.  I can see it being be named after a breed of dog spelled with more consonants than vowels, with a couple of umlauts thrown in, and is best pronounced with a heavy German accent.

Sunday, May 27, 2012

A One-Trick Pony

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For the past two weeks I’ve laid off commenting on Facebook and its IPO, deciding instead to watch the frenzy from afar.  Wow, that was fun.  Looks like retail clients will get hosed, along with some institutional clients (that weren’t privy to Morgan Stanley’s earnings warning to its “select” clients before the IPO) who got a load more shares than asked for.  So, the stock is now down over 20%—likely on its way to about $15 where it belongs.  The future for technology stock IPOs has been tainted for years, perhaps permanently.  And the best part: the hair-pulling, name-calling slapfest between lawyers, bankers, NASDAQ and the SEC has begun.  Couldn’t see that coming at all.

The Morning After at Morgan Stanley

The one benefit of the Facebook fallout is that publically-traded social media companies are now under intense scrutiny. Because they are no longer funded with private equity—start-up capital that was returned with a handsome profit with the IPO—they have to face public shareholders who want performance and results.  If the Facebook doesn’t deliver they will hammer the stock and demand changes, despite Zuckerberg's controlling interest.

This, in turn, puts pressure on agencies.  All those hyped metrics they’ve been touting—engagement, conversations and brand awareness—now have to translate into dollars. Serious dollars.  And with shareholders breathing down the necks of their clients, it seems that the days of no accountability are coming to an end. Almost. 

To stall for time, I imagine the bean-counting holding company behemoths and their C-level executives will shift the blame wholly upon the working stiffs—the creatives who do the work while the others make the arrangements (h/t Bob Hoffman)—to protect their mega-million dollar salaries.  Expect layoffs galore as they point fingers, distract, and deflect blame away from the real reason for declining earnings and shrinking client base.  But the day is coming when shareholders will realize these highly paid executives are enriching themselves at their expense and they’ll storm the annual meetings with torches and pitchforks looking for someone to blame.  It’s likely, though, they’ll run out of tar and feathers before they get rid of the lot.     

Playing to Strength

The real value of Social Media is in managing existing customers.  With a new client in the fold, over the next few months I’ll be using Facebook to its fullest.  It will be part of an integrated campaign (mass, OOH, Web, radio) to support the re-launch of a +100-year old brand.  The product, unavailable for close to a decade, was brought back three months ago.  It is only available at just a handful of locations for the moment, yet its Facebook and Web pages are receiving the most incredible unsolicited testimonials.  People have written about how they have missed it, and how relieved they are that they can get it again—one guy and his buddies went on a 90km road trip to get some.  Remarkable for something that hasn’t been around since 2004.

Orange Appeal
 The creative challenge for the re-launch is to let the tens of thousands of past users know that the product is back on the shelves.  The main tactic in all media will be to highlight the product’s distinctiveness—not its differentiation from others in the category.  The product is immediately recognizable to those who remember it; there is no need for persuasion, no hard sell.  Just the sight of the packaging will be enough to remind people how much they trusted a product that was a part of their family for generations.   As the campaign rolls out, I’ll tell you what it is and ask what, if anything, you recall of the product.


Friday, May 11, 2012

Time to Break a Hip-ster



I was reading a blog post by the Mensch of Manhattan, GeorgeTannenbaum, where he talks about Coming Apart; the growing disconnect between we advertising people and the consumer:
Do we, anymore, know our consumer. Know how they live, think, feel, buy? Do we understand their concerns, fears, senses of humor?
No.
We're too busy trying to be cool.

Then, today I saw a related piece at fasctcocreate.com.  It’s called, Infographic Confirms it: Advertising People are not Normal.  (Like someone needed to do a poll to find this out.)  It is about a study done by Heat, a San Francisco agency and what it highlights has some bearing on how we view brands and social media.  Of note, the study finds:
• 71% of advertising/marketing professionals say they pay attention to brand posts in their Facebook news feed “all of the time” versus 23% of the general population.
As for Twitter: 92% of advertising/marketing professionals use Twitter to follow brands they like. 33% of the general population does so.
Should brands put more effort into interacting with consumers via social media?
• 63% of advertising/marketing professionals “strongly agree” that they should; 23% of the general population “strongly agree”
Meanwhile, digital marketing campaigns that are endlessly discussed in the advertising industry aren’t so well known in the wider world. Chew on this:
• 70% of advertising/marketing professionals were aware of Burger King’s “Subservient Chicken” digital marketing campaign vs. 8% of the general population; as for the mega-award-winning Jay-Z "Decoded": 63% of advertising/marketing professionals aware of campaign vs. 9% of the general population.
And the study also seems to suggest that the Mad Men stereotypes aren’t off the mark: Subjects were also asked about how they act at office holiday parties, and it appears that people who work in advertising are more likely to puke from drinking too much (37% vs. 9% of the general public); do drugs (26% vs. 3% of the general public); and hook up with a coworker (26% vs. 8% of the general public). If you work in advertising, these results likely aren’t surprising to you.
You're right, they aren’t even though there are many who will scoff at the results. There is, however, a home truth here. Within agencies, we tend to look inward, towards each other more often than outwards, where the rest of the world lives.  What we believe is happening on the street appears to be more a case of confirmation bias than of reality.  More important, this bubble we’re in can impair our judgment.

  © Heat 2012
 
Maybe the zeal we have for social media platforms is because we are always trying to chase the youth market.  But here are the facts, Jack, about the state of the economy and why chasing this crowd is wrong-headed, courtesy of Bob Hoffman, The Ad Contrarian and Nielsen. People over 50:
• control 77% of all financial assets
• control 50% of all discretionary spending...
baby boomers dominate 94% of all consumer packaged goods categories.
• they purchase almost 40% of consumer packaged goods
• they account for 1/3 of all TV viewers, online users, social media users and Twitter users.
• even in technology categories, where marketers assume young people dominate, baby boomers  "are purchasing at rates just as high as other segments, and because they are often buying for their kids, many are double-dipping."
• less than 5% of advertising is aimed at them. 

Maybe we should pop this bubble and keep Yogi Berra in mind more often: You can observe a lot by watching.

Thursday, May 10, 2012

Corelius Trunchpole

In an industry overrun with hucksters, pimps, and bean-counters (I'm talking advertising not politics), it is refreshing when the true masters show up and tell us a story.  This is a brilliant piece of work.  I wish I had helped.

http://www.youtube.com/watch?v=a-oT3zt3K_k&list=UUWwJzgpwVHr6wu7YD2itrtg&index=1&feature=plcp

Wednesday, May 9, 2012

Food for thought


Herb-crusted Rack 'o Lamb





I had a request for the recipe for the crust on a herb-crusted rack of lamb I posted on FB a while back.


I wish it were my recipe but it belongs to Thomas Keller, the über-chef of The French Laundry fame, taken from his Ad Hoc cookbook.  Here it is:

2 frenched 8-bone racks of lamb
Kosher salt and freshly ground pepper
Canola oil
¾ cup Dijon Mustard
3 tbs honey
6 tbs (3 oz) unsalted butter, at room temperature
1 tbs garlic puree*
3 to 5 anchovy filets, salt packed or oil packed, rinsed, dried and minced
1½ cup dried bread crumbs or ground panko crumbs
3 tbs finely chopped Italian parsley
1 tbs minced rosemary
grey salt or coarse sea salt

*Put 1 cup of peeled and trimmed garlic cloves into a saucepan and cover with enough oil to cover them by about 1 inch.  Set the saucepan over medium-low heat.  The garlic should cook gently; very small bubbles will come up but they should not break the surface.  Cook for 40 minutes, stirring every 5 minutes until cloves are completely tender when pierced with a knife.  Remove saucepan from stove and let cool.  Once cool, put the garlic in a food processor and blend, scraping down the sides often, to puree. For a finer texture, pass through a small, fine-screened sieve or  tamis.

Score the fat covering the lamb in a ½-inch crosshatch pattern; be careful not to cut into the meat.  Season all side with salt and pepper.

Set a roasting rack in a roasting pan.  Heat some canola oil in a large frying pan over medium-high heat until it shimmers.  Put 1 rack fat-side down in the pan and sear to golden brown, 1½ to 2 minutes; carefully move the lamb as it sears to brown as much of the fat as possible (it is best to sauté 1 rack at a time, so the temperature of the pan doesn’t drop dramatically).  Transfer the lamb to a roasting rack, meat-side up.  Drain off the fat, reheat the pan, adding fresh oil, and sear the remaining rack. 

Combine mustard and honey in a small bowl; set aside.  Combine the butter, garlic, and anchovies in a small food processor and puree until smooth.  Transfer the puree to a medium bowl and stir in the bread crumbs, parsley, and rosemary to combine.  Do not over-mix; the mixture should be moist, but it may not all come together.

Brush the mustard mixture over the fat and meat (do not coat the underside of the racks.  Spread the bread crumbs evenly over the racks pressing gently and patting them so the crumbs adhere. (The lamb can be refrigerated, on the rack in the roasting pan, for up to 6 hours.

Position an oven rack in the bottom third of the oven and preheat the oven to 425°F.
Put the lamb in the oven, with the met side towards the back, and roast for 25 to 35 minutes, until the temperature in the centre of the meat registers 128° to 130°F.  Let the racks rest on the rack in a warm place for about 20 minutes for medium-rare.

Dee-lish

You heard it here first

http://swimminginbs.blogspot.ca/2012/04/reading-week.html

From CNBC, it seems investors are starting to clue into some of the fine print in Facebook's latest SEC filing:

Increasing Mobile Usage. Increasing use of Facebook on mobile devices will also affect our performance, particularly if mobile use substitutes for use on personal computers. Historically, we have not shown ads to users accessing Facebook through mobile apps or our mobile website and we cannot be certain that our mobile monetization approaches will be successful in generating meaningful revenue. We cannot quantify the extent to which mobile usage of Facebook is substituting for, rather than incremental to, usage of Facebook through personal computers, but we generally expect mobile usage to increase at a faster rate than usage through personal computers for the foreseeable future.

It should get quite interesting over the next week