Stephania Abrantes da Silveira, Ogilvy Paris
Posted 1 year ago
by whatsthebeef
Posted 1 year ago
by whatsthebeef
Speech by Miles Young at the Inaugural
Oxford Global Islamic Branding and Marketing Forum
The world is re-balancing, but it might be fair to say that the business of marketing and branding is only just beginning to acknowledge this, and catch up.
But, numbers talk; and big numbers talk loudly. In fact, it was when we sent out a mailer recently, describing Muslim consumers conservatively as the ‘third one billion’ that the bells started finally to ring in the global HQs of some of our clients. Yes, this is a market bigger than India or China is, and yet it receives a tiny fraction of the attention. And it is not just that the numbers are there, but the value is also. The GDP of the five large Middle Eastern countries is the same size as India, but on a population which is one-third of it. Most global enterprises, whether from the West or the East, have a BRIC strategy, and many are starting to look at N-11 in the same way. 53% of the population of the N-11 are Muslim. Finally, Muslim countries are some of the youngest in the world. There are more than 750 million Muslims under the age of 25, representing 43% of the global Muslim population, and 11% of the world’s.
But the numbers alone do not tell the whole story. From the 1970s on we have witnessed an Islamic Renaissance, perhaps as profound as its European counterpart of the 16th century. The reassertion of thought and culture which this has produced, at a time of technological change, means that this is an active, creative and innovative constituency, and one which is on the move. It is also one which we in the West can learn from.
There are two challenges which Western marketers face when contemplating this opportunity.
The first is that global enterprises still operate within matrix structures in which the primary axis is geographic. However, the Islamic world is a powerful vertical segment which unifies attitudes and behaviours, but not always by geography. This causes significant issues of sponsorship within organisations. Where does the Islamic conscience rest? If I may venture an answer, I suspect it will increasingly be with global product management, another vertical function; whereas, if at all, it lies currently within local markets in product management. In other words, the big transition needs to be from a local/ tactical function to a global/ strategic one.
And the second is the tendency of the marketing and advertising industry to see it as just another interesting segment. In this mindset, it becomes equated with ‘greys’, or the ‘Pink Dollar; or Latinos in the US. Of course, all these are very valid targets for segmentation strategies, but the Islamic opportunity surely differs qualitatively. We are not looking here at a segment which is qualified by one primary difference, be it age, orientation, language or skin colour, and then whether attitudes and behaviour vary from a norm in accordance with that. Rather, we are looking at an alternative norm, one where the starting point is Islamic identity, and everything else fits into it. An American Muslim is a Muslim first and an American second. An American grey is an American first, and grey is a qualifier. In other words, much of the conventional marketing canon, the textbook thinking of Kotler and others, does not really cope intellectually with the Islamic opportunity.
About the Author
Miles Young is global CEO of Ogilvy.
Download Muslim Futurism and Islamic Branding (pdf, 144Kb)
Source: WPP / Reading Room
Posted 1 year ago
by whatsthebeef
Posted 1 year ago
by whatsthebeef
LONDON - The BrandZ top 100 is one of those annual rankings that hit brand owners whether they like it or not, boosting egos here, raising eyebrows there, plunging whole departments into gloomy introspection if the news is bad.
Other surveys may pop up through the year, but this is the one marketers take seriously, such is the thoroughness of its underlying methodology. The BrandZ machine crunches through a huge database of inputs from more than 750,000 global consumers to spew out metrics of such sophistication that Millward Brown Optimor feels compel led to give them catchy, trademarked names: Brand Signature, Presence, Bonding, and the scary-sounding Voltage, with its remarkable accuracy in predicting future share.
Measurement is good, and the more accurate it is, the better, but its purpose is to guide action. What do you actually do if you’re Nivea, Canon or KFC, all of which find themselves sliding down this year’s rankings? Here, BrandZ offers less illumination, other than to expose the gulf between knowing and doing. More alarmingly, there’s some thing about BrandZ that can give marketers an unrealistic sense of control.
Those finely calibrated metrics and the beguiling precision of those bar-grids can make you think you’re up there in the brand cockpit, with your hands on all the right corrective levers: ‘Trim the Presence, ease forward on the Bonding, and we’ll climb through this market turbulence and level off at a higher-value altitude.’
The reality eventually dawns that the skills required to address brand drift have more in common with the touchy-feely awareness of the cabin crew, so you’d better get back there and muck in. Capital-B Bonding, which is a marvel of arithmetic extrapolation, can only be improved by small-b bonding, which is an all too-human muddle of emotions, proclivities and contradictions.
This necessary lurch to the other end of the skill-set has been the undoing of many a metric-focused marketer, seeking certainty where none exists. Emotional bonding calls for the judgement to make creative leaps, the courage to put authenticity before short-term commercial gain, and the wisdom to understand what connects people across vastly different cultures.
BrandZ can’t help you now, with its homily-like advice such as ‘the most successful brands are underpinned by trust and recommendation’.
What can help is a better approach to qualitative research, which means embracing some of the tech niques that have been pioneered in the academic world. Market-oriented ethnography is often talked about, but rarely used properly. Deprivation research, where prac tical, can pro vide the wonderful surprises to fuel the creative mind. A more recent add ition is co-operative inquiry, a form of action research from the social sciences that erases the line between resear cher and respondent. All three are capable of revealing insights worthy of the name, upon which bonding, and all the rewards that go with it, can be built.
Marketers tend to swing either way. Witness the speculation over how Unilever’s P&G-trained chief executive, Paul Polman, will encourage a more metric-driven marketing approach than the recently departed, brilliantly intuitive Simon Clift. Metrics vs intuition should not be a marketing debate; modern marketers need to embody both. Then they can stare fearlessly into the gulf between knowing and doing, and start to build a bridge.
Source: marketingmagazine.co.uk, 27 April 2010
Posted 1 year ago
by whatsthebeef
3 Notes
Posted 2 years ago
by whatsthebeef
Airtime: Thurs. Jul. 30 2009
Posted 2 years ago
by whatsthebeef
Walking around in a black T-shirt and jeans at a beach resort near Athens, Sir Martin Sorrell looks impatient. Then again, this is no vacation. The chief executive of London advertising and marketing giant WPP (WPPGY) has gathered 250 staffers and other “smart people” together in Greece to brainstorm about the future.
Right now, a select group is huddled in a room listening to an executive from Britain’s Guardian newspaper give a presentation entitled “Oh My God, the Internet Ate My Business!” There’s an orchestra conductor and juggler on site to get peoples’ creative juices flowing. Middle-aged ad execs and young Internet entrepreneurs play with Nintendo Wii consoles and various other gadgets nearby, acutely aware of Sorrell’s missive to “think open source, think Wikipedia.”
Posted 3 years ago
by whatsthebeef

…”There, on CNN, was Lévy, the chief executive of Publicis Groupe, based in Paris, being interviewed about the state of the advertising industry and the global economy. Over on CNBC, Sorrell, chief of WPP Group, based in London, shared his views. Next up: the BBC, for more from Lévy. And what about CCTV, the Chinese state-run broadcaster? Sorrell again.”…

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2 Notes