We often create our own hair-splitting quandaries in this business. When marketing our brands, when servicing clients, and when planning integrated programs, we are constantly running into our own
would-be messes by overstating the relative strengths of certain platforms.
All Hail "DR!"
The first that comes to mind is the inflated reputation of
digital for nailing direct response. We began seeding this long ago, as we effused over the accountability and ultimate measurability of digital. But even lately, I feel as though I hear more
and more brand marketers -- even those launching an absolutely brand-new brand with no history and no offline marketing to date -- extol the total virtues of digital for DR. They insist that all their
marketing dollars must be spent ONLY on DR and performance-driven methods, and scoff at branding.
While it's not as much of a concern when a brand already has some roots and a leg
to stand on, Isolating DR makes no sense if you want your brand to take hold and live on in the hearts and minds of loyal consuming people, when you've turned off the machine.
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While
branding -- driving visibility, awareness, affinity, advocacy -- and direct response (getting a consumer to do something right now) may involve different muscles, today's environment enables our
pursuit of both. In fact, the bounty of options encourages tackling branding and DR all at once. Think of all the things that can happen within one well-oiled, robust marketing
initiative:
- We can leverage offline traction we already have, applying learning and extending brand assets, as we develop our digital executions.
- We can buy context, relevancy and strategic content adjacencies and also buy audience. In the same day!
- We can
determine what part automation and hard-core mathematics will play in our buying -- balancing strategy, planning, program development, innovation and automation.
- Targeting is a cat that can be skinned nine different ways: behavioral; audience; via search-retargeting; across media.
- Media
and creative can conspire like never before. Today's rich media technology; ad unit formats; engagement and interaction mechanics; optimization options; and our ability to use data not only to
course-correct media but to tune creative -- are at a sort of ultimate state right now.
Earned Media is Not a Bargain Approach
Another murky area to
consider is the sometimes head-swimming endeavor of mapping out "how much" paid and "how much" earned media belong on a plan. Just like the sometimes bloated reputation of digital/DR -- there are
folks among us causing a lot of confusion by wielding the concept of earned media, without giving it its place. As with anything in our world, it's a matter of strategic planning and tuning - and
setting up your operation to take advantage of the opportunity. That's no endeavor for the lazy. True, it's possible to do more today within the media mix, with more modest budgets, thanks to
earned media.
But, increasingly, with the predominance of earned media, the term "media mix" is a bit of a misnomer anyway. Within earned media, our brand is propelled by the consumers who
power their path across the social graph by their influence and their demand. While there is math involved in planning and modeling to harness that element, the real factor is human. And the picture
is a bit amorphous vs. a neat mix that can be mapped. That's more complicated than spending less to get more from consumers.
We see today that consumers are willing to shift between
mediums from paid to owned and earned platforms. It's a self-guided stroll toward their ultimate buying or commitment decision for your brand. Brands need to have a strategy for connecting into this
tendency. So, "earned media" is way too pat an answer.
We all love heroes, but, we do ourselves a great disservice by isolating and elevating any given approach as stand-alone. In an
industry that most of us got into for its diversity of options and interplay of moving parts, I will never stop finding this yearning for over-simplification out of character for the media at
hand.