BrandCottage adds Ushma Patel to Oversee Digital Strategy.

umaBrandCottage is excited to announce the addition of Ushma Patel to our team of media experts. Ushma has over 10 years of media planning/buying experience and spent much of that time in the digital arena. Ushma was most recently digital marketing manager at Carter’s Inc. Previously she held digital media planning roles at agencies including Nurun, Breathe, OMD, and JWT.

As we continue to grow, our clients demand more digital expertise. BrandCottage is fortunate to have someone of Ushma’s experience and skill set to help elevate all of our clients’ media plans to deliver audiences cross-platform. In addition, Ushma will further advance our media analytics offerings to the brands we serve.

Ushma can be reached at ushma@brandcottage.com

Welcome to the team Ushma!

Patricia Wilson
President BrandCottage

5 Tips for Media Sellers

(Editor’s Note: The original version of this article was published on MediaLifeMagazine.com on February 1, 2013)

I would wager most media buyers and sellers would agree that the ad buying process has become more diffucult in the past five years with the proliferation of media choices, the lack of reliable research, the decrease in media buyer training programs, the integration of social and mobile media buying into the media planning equation, and the simple lack of time needed to get all the necessary work done in a single day.

Here are five tips for media sellers:

1.Do Your Homework Before Calling on a Media Buyer: As a buyer, we work closely with our advertising clients to understand their business goals, their objectives in executing an ad campaign, their customer insights, and the competitive playing field. If a media sales professional hasn’t done any homework on the client, the competitive landscape or the challenges we face, then how can they possible help “solve the problem”?

2. Spend as much time listening as you do selling. Even if you’ve done your homework, it’s likely you will learn something valuable at a meeting with the buyer or even on a phone call. If you spend the entire time explaining your technology or media, you’ve missed the opportunity to understand how to offer up the solution. Solve, don’t just sell.

3. Try to determine who the decision makers are on a media buy: on the client side, the agency side, etc. I realize this can sometimes be difficult and with limited sales force, there is an instinct to go to just one person who is “making the buy”. In reality, media plans go up the chain in an agency and then up the chain at a client and many people weigh in on its merits, its efficiencies, its content, its value. If you are only calling on a media buyer, you may or may not be at risk up the chain. If you have not worked hard to understand the relationship dynamics throughout an organization, you will be at risk of losing a buy. This is especially true for large budget scenarios. On the other hand, if you are only calling on the CMO and not the media buyer, you will almost certainly risk inclusion in the plan. This is not a power struggle but a realization that the client has hired the media team to do the analysis and crafting of the plan.

4. Ask questions of the RFP and try to understand the top selection criteria for the media buy. We are always pushing our clients and our buyers to clearly state the selection criteria so everyone understands how the media proposals will be evaluated. With so many factors determining a “good” RFP, it’s critical to determine what variables are weighted the highest. CPMs and efficiencies are always a critical factor but as noise increases with media and engagement becomes more valuable, efficiencies alone are not the single highest value. Push the media planner/buyer to help you understand how your RFP will be evaluated.

5. Make it easy for mediaplanners/buyers to find you and your sales team. I cannot tell you how many times the past 5 years we tried to find a key sales rep at a digital company with extreme frustration. Find a way to make easier to get your phone number and contact information.

The marketplace demands are more robust than ever, for both media buyers and sellers. The pure number of available media impressions for purchase has increased at an alarming rate. The sophisticated measurement tools are not keeping pace with the marketplace. The good news is that brands are still spending record amounts of money on paid media. The bad news is that every digital company now has paid advertising as its cornerstone for revenue and that means more sales reps in the marketplace.

At the end of the day, most media buyers are looking for solutions to help solve a client’s marketing problem. The media sales professional who can offer that up in a compelling and clear way and understand what the issues are will be successful. It’s not just selling it’s solving.

4 Topics Every Marketing Pro Must Embrace

Trends twists turns editedThe advertising and marketing arenas are bursting at the seams, and for good reason. The transformation of consumer behaviors based on technology are exciting…and yes, sometimes chaotic.

Are you keeping up with the trends, twists, and turns?  Here are some recent news stories that amplify the shifts in consumer marketing.

Advertising

Long-Form Digital Ad Views Skyrocket

Tumblr: Yahoo Overhauls Advertising Model to Leverage ‘Data Insights’

Dermablend Moves Beyond Shock and Awe of Zombie Boy for an Emotional Connection

Online Auction Site Ganklt.com Expands National TV Media Buys

Facebook to Marketers: Expect a Drop in News Feed Distribution

Brand Voice and Engagement

Big Opportunity for Social Media Campaigns with Emotional Appeal

Can a Payment Tech Company, Visa Canada, Create a Buzz and Shift Consumer Spending Habits?

Is Nike Paying Too Much for Superstars and Endorsements?

Future of Brand Marketing/Tech/Mobile

Mobile Startup Jana Launches New Tool to Reach Next Billion Consumers Via Mobile

Apps: The Future of Marketing

Mobile and the In-Store Customer Experience: How ‘Showrooming’ is Helping…or Hurting

Social Media Marketing Tips for Highly Regulated Industries

Visual Hashtags and Big Brands

Metrics

In Defense of Advertising’s Gross Rating Point

Trends to Act Upon: Avoid the Vortex of Valueless Marketing Metrics

Finally, Chobani Yogurt’s Chief Marketing and Brand Officer Peter McGuinness says that part of marketing is innovation. “You have to keep pressure in the marketplace to keep things exciting.”

Social Media Should Not Be A Stand Alone Brand Tactic

Everyone knows we trust our friends’ opinions more than we trust brand advertising.

So naturally brands are testing social media to learn how best to create brand advocates.  A CMO said to us recently, “If we can get our  FaceBook fans to tell their friends, that will be more powerful than paid ads and we can create more efficiencies.”

 Nobody doubts that statement.

Unfortunately, turns out to be not quite that simple. It’s a lot of work and takes a 24/7 always -on approach. And the biggest challenge remains creating scale anywhere close to paid media in order to generate desired sales lifts.

In our media brand practice, we’ve tested everything from influencer programs to blogger programs to multiple facebook brand initiatives. We’ve had  varying degrees of success.

We’re  bullish on social media but testing has proven that social strategy works best as part of a larger integrated marketing and business plan.

Social Media should NOT be a stand alone brand tactic.  Here are some reasons why:

1. Social Media is very hard to scale on its own.

2. Social Media should part of the overall communication of the brand and work in unison with all other brand touchpoints.

3. Social Media, when done well, is integrated into the total business goals of the brand, not just the marketing goals.

4. Social Media is a long tail strategy and takes a period of time to realize results. Social Media is not inherently a fast audience builder.

5. Social Media should constantly tell a brand’s story (through video, blogs, photography, scribing) with rewards and incentives ocassionally thrown in to keep fans motivated. It should not be solely a broadcast vehicle that is only about brand selling.

6. Social Media, supported by paid advertising, can scale quickly and social content can be amplified to a much larger audience.

7. Social Media, when integrated into customer service, can help reinforce the brand attributes with customers and create happy customers.

When brands integrate social media with other marketing and business strategies,  the results are greater response rates, greater reach, greater brand engagement, and deeper overall metrics.

Don’t isolate  social media marketing into a siloed marketing tactic.  This approach greatly limits the ability of social media to be a force in strengthening the brand story.

 

 

 

 

Brands Shift into Online Video at Record Speed

In our media planning and buying practice, the biggest shift we have seen by advertisers in the past year is to online video. Our brand clients have embraced online video and we have seen tremendous success with driving traffic and growing engagement through digital video media buys. Big and small TV advertisers have been shifting a portion of media budgets to online video.

Brands who cannot afford TV are now producing video and buying across the web in a very targeted manner. The results we see are unlike anything we’ve seen previously online in terms of engagement and click rates.

Digital research firm eMarketer says video is the fastest growing form of digital advertising, with spending increasing 46% last year and outpacing search ads and display ads.  eMarketer estimates digital video will be a $4.14 Billion industry this year, doubling the 2011 numbers.

March 2013 comScore online video numbers are impressive, as well:

Consumers watched 39 billion online videos in March 2013, according to a new report by comScore.

  • Ads accounted for over 25 percent of all videos viewed.
  • 84.5% of the U.S. population viewed Video in March.
  • 52% of the U.S. population saw a video ad in March.
  • The average number of video ads per consumer was 82x

Nothing seems to be able to stop the rise of TV as the dominant form of media by advertisers (it is estimated to be a $66.35 Billion industry this year) but online video is growing and gaining a lot of interest and ad dollars from national advertisers. As media buyers prepare to enter the annual television upfront marketplace, digital video has found a respected place among advertisers.