Kraft Foods Group faced several marketing challenges in 2010, and wasn’t set up to solve them, said Julie Fleischer, a Kraft executive, in a presentation at the 4A’s Data Summit on Tuesday.
The company was wedded to a TV-centric model, wasn’t committed to measurement, and thought of media buying as the last step in a marketing plan. It also had a “do what worked last year mentality,” which led Kraft to plan for trends that were likely already outdated in the fast-moving digital world.
When forming a reinvention plan about two years ago, Fleischer said the company told itself internally to expect that change will only get faster — there will never be a lull in which you can catch up.
The Kraft strategy can be expressed by three pillars:
1. Data — Fleischer said first-party data represents Kraft’s “unfair advantage,” that knowledge of the consumer will be the only way to separate your company.
2. Infrastructure — This means having the tools to reach the right customers, and backing that up with analytics to show that marketing is driving attitude as well as behavior. (read more…)
Digital tools offer distributors the potential to improve productivity and sales, offer a better value proposition for customers, and strengthen relationships with suppliers, but success isn’t possible without a smart strategy and some trial and error.
That was the conclusion of Mark Dancer and two industry experts on Wednesday at the NAW 2015 Executive Summit. Those experts — Ellen Holladay of Motion Industries and Brian Nichol of Performance Food Group — offered their experiences in planning, testing, deploying and refining digital tools to drive e-commerce sales at their respective companies.
Digital tools, in this context, include the Web/e-commerce, social media, CRM, marketing automation and more. Dancer surveyed wholesaler-distributors on a number of questions, including:
- Overall experience with specific digital tools, in terms of “experienced user,” “implementer or shopper,” and “person with understanding of features and benefits.”
- Leading priorities for improving business results, in terms of distributors and manufacturers.
- The leading benefits of digital tools for wholesaler-distributors.
By Ambreen Ali on September 29th, 2014 | 54221Comment on this postLive+at+%23IABMixx%3A+Realizing+the+digital+video+opportunity2014-09-29+20%3A36%3A15Ambreen+Alihttp%3A%2F%2Fsmartblogs.com%2F%3Fp%3D54221
“Video is exploding.”
That statement by Facebook’s Sheryl Sandberg during her opening remarks at the Interactive Advertising Bureau’s MIXX Conference sums up the sentiment among publishers and marketers as this year’s Advertising Week begins.
Sandberg made her remarks to Katie Couric as the duo shared the stage at the IAB conference. Couric explained that her Yahoo News interviews with baseball legend Joe Torre and Secretary of State John Kerry are available in both snippets and in longer form to take advantage of the multiple ways that consumers now consume content.
“We try to give people options,” Couric explained. “I’m hoping digital content doesn’t make people want things in 30 seconds or less. As we get more involved and more acclimated to this way of consuming information, there will be a desire for longer pieces.”
That demand is being driven in large part by the ready access to mobile devices and high-speed Internet consumers now have. (read more…)
By Melissa Greenwood on March 16th, 2014 | 501891 comment on this postLive+from+%23ASCD14%3A+6+steps+for+leading+change2014-03-16+19%3A25%3A06Melissa+Greenwoodhttp%3A%2F%2Fsmartblogs.com%2F%3Fp%3D50189
Sparking change in an organization — classroom, school, school district, state or nation — sometimes can feel like a Sisyphean task, rolling a heavy stone up a hill only for it to roll down before reaching the summit.
Best-selling author Daniel Pink offered educators — gathered for ASCD’s first general session at the 2014 annual conference in Los Angeles — a different lens to view their work as leaders and change makers.
“A big part of what we do as leaders, as teachers, is move people. At some level you’re actually selling things. You’re selling ideas. You’re selling content,” Pink said. “In order for you to be effective, your effectiveness is built on your ability to move people from point A to point B.”
Pink shared with conference attendees six research-based strategies to help lead change.
1. Reduce feelings of power to better understand others’ perspectives. Take time to recalibrate your feelings of power before asking someone to do something. (read more…)
By Stephen J. Easley on April 1st, 2013 | 40101Comment on this postFrom+%23SXSW%3A+How+App.net+looks+beyond+the+ad-supported+social+networking+model2013-04-01+13%3A51%3A05Guest+Bloggerhttp%3A%2F%2Fsmartblogs.com%2F%3Fp%3D40101
The South by Southwest Interactive Festival drew people from a variety of perspectives together to listen to App.net Founder and CEO Dalton Caldwell discuss an alternative to ad-supported social networking. As a heavy Facebook and Twitter user, ad-supported social networking is the only model I know, but by the end of the session, I was able to see a feemium model as a real possibility.
Caldwell’s previous company was imeem, built with $70 million in venture capital. It was a music-sharing site supported principally by advertising. Imeem had more than 20 ad salesmen trying to monetize its 26 million users, but in a good month they were selling only $2 million in ads and eventually the company had to be sold at a fire-sale price. Similar services, such as YouTube, survived only by being purchased by more deep-pocketed Web companies. Although conventional wisdom had held that all you had to do was build a large user base and a business model would present itself, imeem and others proved that wrong. (read more…)