Consumer Behaviour in Brand Communities

Brand communities are widely recognised as one of the most effective ways of engaging target audiences as seen with aspirational brands like Harley Davidson and even commodity ones like the Duck brand duct tape. Instead of just focusing on the technology with presence across many social media platforms, these brands demonstrated that creating a brand community involves truly understanding the

Hard Work Hasn’t Changed

Over 4 years ago I started a blog (www.talkapex.com). A lot of people can say that they have done that as well. What a lot of people can’t say is that they’ve had over a quarter of a million page views since its adoption.

Though this is no Facebook success story I do consider my blog a huge personal success. For one person, who was an unknown in his respective industry at the time, going from

To advertise or not to advertise on 2GB’s morning show with Alan Jones?

Are brands political players that can and should use their voice to
contribute to ‘a better society’? Does it matter where they advertise,
even if what they advertise has nothing to do with the boarder message
of the medium?




 Campaign ...
shock jock Alan Jones / Pic: Ray Strange The Daily
Telegraph

For two weeks 2GB management suspended all advertising on its morning show following

‘Gangnam Style’ Marketing

South Korea’s rapper Psy, the performer of viral sensation ‘Gangnam Style’ song and dance, has just reached Australia. The insanely catchy video is approaching half a billion views worldwide and has become the most ‘liked’ video on the YouTube history. If you are as intrigued as I was to find out why, below are some of the marketing strategies behind it.

 Engage through co-creation

The South

The Plight of the Newspaper (and Preparing for the Future)

A couple of years ago, I was speaking at a conference and someone from the audience asked me what I believed to be the biggest marketing challenge of the next five years. I answered with the death of the newspaper, which surprised many, who thought I would point to declining subscription bases or overall drops in arts participation.  We had just experienced the death of four major newspapers – the Seattle Post Intelligencer, the Rocky Mountain News, the Tucson Citizen and the Christian Science Monitor – at a time when most non-profit arts organizations had important symbiotic relationships with their hometown newspapers.  

So let me pause to ask – if your newspaper were to go out of business today, how would that impact your organization?  

And here’s why I am asking. According to the Newspaper Association of America (NAA):

·        Total print advertising has dropped from $47.4 billion in 2005 to $20.6 billion in 2011 – the lowest print advertising has been since 1983 (not factoring for inflation).

·        In 2011, the total daily circulation of all the newspapers in the United States was 44.4 million, the lowest on record since 1940.

·        Citing a 2010 Scarborough report for adults 18+, 47% of the U.S. population 35 years and older read an average issue of a daily newspaper in comparison to only 26% of the population under 35.

According to The Pew Research Center, since 2003, the Internet has been on par or more popular than newspapers as a news source, and currently just 21% of young adults report newspapers as their primary source of news. As the Internet has become increasingly popular as a news source, newspapers have invested tremendous amounts of resources in building their online presence, but here’s the problem – for every $1 gained in online advertising, newspapers lost $10 in print advertising in 2011. And the reason? In print advertising, newspapers are dominate, but online, they compete in a very crowded marketplace, where Google and Facebook combined will share just under 30% of total online display advertising revenue in 2012.  

Using the statistics provided online by the NAA, in 2005 1,452 daily newspapers shared $47.4 billion in print advertising for an average of $32.6 million in print advertising per daily paper. Six years later, 1,382 daily newspapers shared $20.6 billion in print advertising for an average of $14.9 million in print advertising per daily paper.  

In six years, the average daily newspaper lost more than 50% of its print advertising revenue, placing in jeopardy the entire business model of most newspapers and leading to drastic changes. Newspapers around the nation are slashing their newsrooms, laying off veteran reporters and in the best case scenarios, replacing them with freelance reporters with little experience. In worst cases, they aren’t replaced at all.  Just recently the theater world received news that veteran Philadelphia Inquirer arts writer and critic Howard Shapiro, after 42 years with the paper, was reassigned to cover South New Jersey in what seemed like an attempt to make him miserable enough to leave. And it looks like it worked.

With fewer reporters and less experience, not only has coverage decreased, but quality has diminished as well.  Many of us shook our heads when a small online magazine named Pasadena Nowhired two writers in India to cover local events but just recently we’ve learned of Journatic,a company that outsources journalism to the Philippines for US newspapers.  Others have transitioned from primary reporting to aggregating content from other news sources and then providing commentary on the aggregated material. When I was at the Smithsonian, one such company drew inaccurate conclusions by providing editorial on aggregated stories. When I called to tell them of the inaccuracies and offer to set up interviews so they could report on the story directly, the freelance writer told me they didn’t pay him enough to do any original reporting. Unfortunately for us, other outlets picked up his story.  I understand cutting as much fat as possible from budgets during tough economic times, but at some point, there isn’t any fat left, and what remains is only muscle. Cutting further sacrifices your ability to deliver an excellent product, which is why I advise arts organizations to avoid cutting investments in the artistic product itself if at all possible when making budget adjustments.  By sacrificing quality, I’m afraid newspapers could be pouring gas on an already blazing fire.  

Every great arts city has a great newspaper. Every great theater town, a well respected critic. If your city is affected by cuts to arts coverage, let your voice be heard. Activate your bases. Support outlets with extensive arts coverage with your advertising dollars. That said, I advise non-profit arts organizations to prepare themselves for the possibility that their local newspaper could go out of business.  Cultivate relationships with bloggers, social media mavens and other influentials in your community. Develop online communities where your audiences can speak to one another. Produce and distribute original content yourself. Diversify your advertising strategies. Budget resources to grow your database. Hopefully these efforts will be for naught, but if the day comes that your local newspaper declares bankruptcy, you’ll be better prepared.

sassystutorials

sassystutorials

Experience vs. Memory

Decisions are made based on MEMORIES of experiences and not the actual experiences according to behavioural economics Nobel Prize winner, Kahneman. This has important implications for the field of marketing, which is largely focused on creating the perfect customer experience.

A great example from the video below tells the story of a man who had been listening to a symphony, and it was

The 4Ps of marketing are dead. Today, it’s all about the 4Es.

Facebook, Twitter, Pinterest, YouTube, Skype, Amazon, Cloud, mobile, tablets and many other platforms and technologies have not only changed the way people can communicate and interact with each other, but have also challenged Marketers to think differently about how they go to market and engage with prospects and customers.

It used to be relatively simple to focus on the 4Ps. Create a great

In search of innovation in the entertainment industry

 


The internationally renowned Cirque du Soleil is now back in Sydney
with a new big top production called OVO, an immersion into the colorful
and energetic world of insects. With incredible stunts you did not even
think were possible by the human body and mind-blowing production that
takes you away from reality, it is hard not to become a fan once you
have experienced one of their

Are we all hard-wired to make bad decisions?

The Marketing Research for Decision Makers unit of the Master of Marketing program at the University of Sydney Business School has adopted a new approach this semester. Previously, the unit focused on teaching how to assess and evaluate marketing information so as to improve our decision making ability. This semester the learning objectives have been expanded to explicate psychological biases

Market Strategy Wars – Apple vs Samsung

There is only a very select range of products that can successfully implement a marketing strategy that revolves around ‘low supply and high demand’, with with the goal of increasing the desirability of a product and ultimately increasing sales.

One company in particular has proven particularly adept at this strategy. Apple has successfully done this time and time again for the release of a

Facebook and Companies - Striking a balance between the Social and the Media aspects

A largely controversial decision made recently by the Advertising Standards Board (ASB) has deemed companies accountable for user-generated comments on their Facebook pages. Posts from ‘fans’ are now considered to be advertisement, which means these should adhere to the industry’s Code of Ethics and the Australian Consumer Law. Because companies have a ‘reasonable degree of control’ over