The Spirit Of The Olympics And Technology With Lauren Sallata At Panasonic

During this 206th episode of “Marketing Today,” I interview Lauren Sallata, chief marketing officer at Panasonic Corporation of North America.

 

Today we talk about Panasonic’s new campaign launching for the 2020 Olympics, what that partnership means, and how they’re going to leverage it both for the marketplace effects as well as with their employees. The interview occurred before the one-year postponement of the 2020 Olympics. We also talk about Sallata’s career and her life outside of work in service and foundation work.

Sallata begins by discussing her board service. As we learn about the path her career has taken, Sallata reminds us to “Learn to walk in your customer’s shoes.” She updates our view of Panasonic as a brand and emphasizes Panasonic’s global position. She says, “The red thread that runs through all of our solutions is sustainability and contribution to society.” Then we learn about Panasonic’s long-term commitment to the Olympic Games. Panasonic’s ambitious new ad campaign, #whatmovesus, tells us a lot about where the brand is today and where it plans to be going forward. Sallata also shares some insight into Panasonic’s partnership with Harvard Business Review. This conversation shows us how a brand with a long legacy can continue to be innovative and forward-thinking.

Highlights from this week’s “Marketing Today”:

  • Lauren discusses how she thinks about service outside of work. 01:28
  • Lauren shares details about where she has been in her career. 03:10
  • How Panasonic is different in North America vs. the rest of the world. 05:37
  • Panasonic’s long commitment to the Olympics. 08:14
  • Panasonic’s plans for their 2020 Olympic partnership, #whatmovesus. 09:43
  • How employees are getting engaged through #whatmovesus. 13:23
  • Lauren describes other objectives for the #whatmovesus campaign. 15:16
  • Initial results from Panasonic’s partnership with Harvard Business Review. 16:45
  • Is there an experience in her past that defines who she is today? 18:50
  • What is the advice Lauren would give to her younger self? 20:28
  • Are there any brands, companies, or causes that Lauren follows that she thinks other people should take notice of? 23:12
  • What are the top opportunities or threats facing marketers today? 24:06

Resources Mentioned:


Alan B. Hart is the creator and host of “Marketing Today with Alan Hart,” a weekly podcast where he interviews leading global marketing professionals and business leaders. Alan advises leading executives and marketing teams on opportunities around brand, customer experience, innovation, and growth. He has consulted with Fortune 100 companies, but he is an entrepreneur at his core, having founded or served as an executive for nine startups.

What We’re Reading–Week Of April 27th

We’re searching for the most pressing marketing insights this week. Updated daily.


Life May Be Paused, But Skincare Doesn’t Stop For A Pandemic

Adweek

According to Tula Skincare CEO, year-over-year sales for April are up five fold, and nearly two times what they were in March. The brand is seeing increased demand from both existing customers and new ones.

Why it matters: In Tula’s case, repurposing its field team to become digital skincare advisers has helped boost sales at a time when its retail partners like Ulta and Nordstrom remain closed.


Research Shows That Users Desire A Sense Of Normalcy From Brands

The Drum

A Twitter study found that 64 percent of people think brands should continue advertising their products as normal while 52 percent said this content helps give them a sense of normalcy. 

Why it matters: Though consumers want brands to advertise as usual, 93 percent agreed that the tone needs to change.


COVID-19 Marketing Shows A Lack Of Disabled Inclusion

Adweek

The pandemic has created a downward spiral in momentum for disability in advertising and creative considerations.

Why it matters: Implementing immediate disability inclusion in ads involving leveraging user-generated content from brand ambassadors with disabilities, working with disabled influencers and actors, using appropriate disability stock photography, ensuring your digital ecosystem is accessible and incorporating alternate forms of messaging to reach all audiences.


One Question A Day: How Can Brands Prepare For The Future During The Peak Of This Crisis? 

Forbes

On planning for the new normal, Pabst general manager and president Matt Bruhn says his brand is, “Making sure we can service existing demand, but then thinking about what changes when people do start to go back to some level of social activity.” For Pabst, from a brand perspective, that means a focus on continuity of manufacturing and supply to retail.

Why it matters: The US can study what’s happening in countries further along in the pandemic, like China and Italy, to prepare for what’s next.


Marketers’ Strategic Responsibilities Are Eroding Away To Nothing

Marketing Week

In addition to devising promotional campaigns, marketers throughout the 1950s, 60s and 70s devised product development and distribution strategy and worked out the optimum price. According to the most recent CMO Survey, the 21st century marketer is increasingly little more than the communications department.

Why it matters: The evolution of marketing as a discipline is exemplified by data from the CMO Survey which found that market research and analytics, as well as market entry and revenue growth, are less and less at the direction of the marketing department.


How Starbucks Plans To Reopen 90% Of Stores By June And What The New Normal For Its Coffee Shops Will Look Like

Business Insider

Starbucks said it plans to have more than 90 percent of its location open, with adjusted operations, by June 1. Reopenings will be based on analysis of customer frequency, local government guidance, countries’ infection rates and sentiment among customers and workers.

Why it matters: Though Starbucks will begin opening stores next week, most will not allow customers inside, requiring they pick up at the door or by drive-thru. Only select stores will reopen their interior to the public and allow customers to place orders with a cashier, and those that do will remove seating and add social-distancing markers. In addition, Starbucks employees will require pre-shift temperate checks.


How To Help People More Meaningful Lives

Adweek

The pandemic is an opportunity to reflect how marketing mixes should look from product to promotion if we could start over.

Why it matters: Millennials are looking for happiness in other places than their wallet, which requires brands to create products and services that can make them experience, do or become.


Spotify Says Every Day For Users ‘Looks Like The Weekend’ Right Now

AdAge

Spotify’s earnings report shows usage in car, wearable and web platforms dropped while television and game-console use increased materially, or over 50 percent.

Why it matters: Social distancing has caused two in five consumers to listen to more music to manage stress, according to Spotify.  The streaming company now reports a total of 286 million monthly active (MAU) users after it added 15 million new MAUs in the first three months of 2020.


Change Is The New Normal: What Are Organizations Abandoning Since COVID-19 And What Will They Not Continue To Do Once Things Return To ‘Normal?’

Forbes

Executive coach Ray Foote encourages employees to think about “who” we are in different situations instead of “what” I would do.

Why it matters: After the pandemic, there will be a need for better commitment to company culture, empathy for challenges employees are facing and more flexible workforce models.


The Ad Council Ramps Up Industry-Wide COVID-19 Response Efforts

The Drum

The Ad Council, Comedy Central and ViacomCBS’ Entertainment & Youth Brands released the second phase of #AloneTogether, a campaign to help people whose mental health has been affected by the pandemic. The campaign builds on the #StayHome campaign Ad Council, Google and the Association of National Advertisers (ANA) launched earlier this month, with participating brands updating their logo with a roof icon.

Why it matters: The campaign follows a survey conducted by MTV in which 56 percent of respondents said they were not seeking help for their mental health despite a 37 percent decrease in the general mental wellness since the coronavirus outbreak.


Bloomberg Lets Brands Repurpose Social Media Ads For Its Mobile Sites

Mobile Marketer

Bloomberg Media rolled out a self-serve ad tool called Boost that lets brands repurpose their existing social media ads into mobile display ads across Bloomberg’s editorial ecosystem.

Why it matters: At a time when mobile advertising is down due to the pandemic, Boost could save mobile marketers the extra cost of redeveloping their existing creative for use on Bloomberg’s media outlets.


How To Rethink Brand Behaviors

Adweek

To navigate marketing in the time of the pandemic, brands should quickly move from brick-and-mortar to a delivery service model, if necessary, create additional value through packaging, distribution or usage, use content to enhance customers’ lives, partner with competitors to create essentials like hand sanitizer and ventilators and explore new and unexpected brand partnerships.

Why it matters: The pandemic has cut off many paths to traditional advertising, requiring brands to reframe marketing entirely.



Creativity Out Of Necessity

Forbes

Some examples of brands tapping into their creativity amid coronavirus include Red Pipe Studios and Familjen developing a white noise generator with which you can hear sounds from the office dog and coffee machine, Behr launching virtual backgrounds to use in Zoom calls and Getty challenging people to create art with household items and share the creations on social media. 

Why it matters: Exercising creativity in times of crisis can be an inherently positive act.



How Culture Protects Organisations In Times Of Crisis

The Drum

To maintain company culture amid coronavirus, RAPP CEO Chris Freeland recommends exercising empathy, fostering individuality and supporting innovative ideas and their authors.

Why it matters: Company culture is critical to keeping business ticking.

Design For Transformation With Chobani’s Leland Maschmeyer

During this 205th episode of “Marketing Today,” I interview Leland Maschmeyer, the chief creative and strategy officer at Chobani.

On the show today, Maschmeyer shares what he’s doing at Chobani and tells us about this unbelievable creative organization he’s now leading at the company. We talk about recent campaign work as well as his philosophy on design and business and the intersection between those two things. 

Maschmeyer shares that he built Chobani’s internal agency out of a desire to transform Chobani into a creatively-driven culture. Creativity was critical for Chobani’s growth plans. He says, “Change requires going through periods of destruction, periods of learning, periods of being unknown.” They never wanted to separate their agency from the rest of the organization. Maschmeyer says that his desire to do the best creative work possible has always been at the intersection of design and business. We talk about the strategy they devised for the “Almost Milk” campaign, its visual style, and the campaign’s emphasis on usage and occasion. Throughout this conversation, Maschmeyer highlights the critical importance of creativity and how that drives decisions at Chobani.

Highlights from this week’s “Marketing Today”:

  • Leland shares some background from his early years. 01:25
  • How Leland got his start and the path to his role at Chobani. 02:56
  • How Leland started one of the best internal agencies in the world. 05:11
  • Why Leland’s approach works for him and whether he would recommend it to other companies. 16:23
  • Leland’s experience finding talent. 19:38
  • Chobani almost never goes outside the company for creative work. 23:01
  • Leland comments on the state of agencies in today’s world. 23:48
  • Advice for someone just getting started building their in-house agency. 26:36
  • All about the oat milk Almost Milk brief. 28:43
  • The rich and graphic visual style of the Almost Milk campaign reminiscent of Norman Rockwell. 33:57
  • The focus on usage and occasion in the Almost Milk campaign. 35:50
  • Is there an experience in his past that defines who he is today? 37:32
  • What is the advice Leland would give to his younger self? 40:03
  • Are there any brands, companies, or causes that Leland follows that he thinks other people should take notice of? 41:03
  • Leland’s take on the top opportunities or threats facing marketers today. 43:00

Alan B. Hart is the creator and host of “Marketing Today with Alan Hart,” a weekly podcast where he interviews leading global marketing professionals and business leaders. Alan advises leading executives and marketing teams on opportunities around brand, customer experience, innovation, and growth. He has consulted with Fortune 100 companies, but he is an entrepreneur at his core, having founded or served as an executive for nine startups.

Yes, Gaming Is A Good Place For Brands To Invest Right Now… But Do It Right

Orginally published on AW360 by Mike Murphy O’Reilly.

While professional sports have gone dark in the midst of the COVID-19 pandemic, there’s one form medium that is growing and helping both athletes and fans alike to fill the void — Gaming. From casual to competitive, everything from playing themselves, watching influencers, to competitions moving online, gaming consumption has grown across all areas. With people being driven inside their homes, many are finding a thriving, positive community in a world that is increasingly confusing and negative. If this is any indication of the future, online gaming and streaming platforms are about to become a lot more popular, providing brands with direct access to a growing global audience.

For brands that have flirted with the idea of investing in gaming or esports in the past, many are now seeing it as a viable option to spend marketing dollars. But for brands that take the plunge, it’s important to do it right. Here are a few things to consider when investing in gaming.

Have some purpose

Gaming thrives on community, and now is the perfect opportunity for brands to capture the hearts and minds of fans by doing something that helps those in need. Gamers have shown that when done right, they will engage with a brand that makes an effort. Instead of logo slapping a Streamer for some impressions and capitalizing on a global pandemic, consider doing something more meaningful. Whether it’s providing a unique experience or content to give people a reason to smile, or being more philanthropic by matching charity donations on a Streamers broadcast, now is the time for brands to galvanize the gaming community for good.

Consumption is surging so choose the right platforms

Within the past couple of weeks, gaming platforms and major games are seeing record-high usage. The popular platform Steam hit an all-time high of 20.3 million online users. Counter-Strike Global Offensive hit one million concurrent players for the first time in its history despite being released 7 years ago. And Activision’s Call of Duty: Warzone attracted 6 million players in its first 24 hours. In addition, the number of fans watching influencers on live streaming platforms like Twitch are expected to continue climbing. With a multitude of platforms and channels, things can be a bit confusing for new marketers in this space. It’s important to understand that Gaming is just like traditional sports with different demographics, opportunities, integrations, price points and more. Spend the time to understand what is right for your brand and which platforms will deliver the right audience and exposure.

Professional athletes are making the shift online

With the MLB, NHL and NBA sidelined for the foreseeable future, teams and individual athletes are looking at esports for their professional and personal usage. The NBA’s Phoenix Suns recently announced they would be playing the remainder of their games in the NBA 2K virtual league and airing them on Twitch. NBA players like Luka Doncic, Josh Hart and Devin Booker are passing the time they would have spent on the court playing video games at home and streaming about it.  Just like esports teams, professional athletes migrating online are poised to bring their droves of fans with them. This gives brands a way to use existing brand ambassadors and sponsorships to enter this space without needing to completely rework their marketing strategy. Similarly identifying athletes who love gaming but may not be known for it, give brands an opportunity to do something unique with influencers endemic to the gaming and esports industry.

This isn’t a fad, it’s a movement and brands have a role to play long term

Gaming will be here for the long term. Esports is expected to earn over $1.6 billion in revenue by 2021, and the majority of that growth stems from brand investments.  Over 600 esports sponsorship agreements have been signed since 2016, and though the majority of them have been made by endemic brands, non-endemic brand sponsorship and advertising is also on the rise (think Coca Cola, Red Bull, Mercedes-Benz, Audi and McDonald’s). Amid this flurry of activity, there are countless opportunities for additional brands to get involved in the ecosystem whether its casual gaming or hardcore esports.

While the current professional sports suspension has left fans looking for other means of entertainment, esports and gaming provides a real opportunity for brands to engage with a new and ever-growing audience.  Esports could be one of few bright spots in the sporting world, connecting existing fans and gamers with traditional sports fans, professional athletes and brands that want to reach them. But take the time to understand the different platforms, games and opportunities to find the right fit for your brand.

Burger King Makes Out-Of-Home Ads Relevant Amid The Pandemic

Everyone is stuck at home during the pandemic making out-of-home (OOH) ads useless. Yet Burger King has found a way to make them relevant again: by inviting people to use images of the brand’s billboards during their video conferences. In return, Burger King is giving out buy-one-get-one codes for its Whopper sandwich.

To participate, fans need to download one of the billboard images from Burger King’s Twitter account and use it as the background in their video conferences. After they upload a photo on Twitter showing they used one of the backgrounds, tagging Burger King and the hashtag #HomeOfTheBillboards, Burger King will DM them a buy-one-get-one-free code. Fans can redeem the code, valid from April 28 to May 1, on the Burger King app.

Burger King’s integrated activation is a strong example of how brands can repurpose existing creative during the pandemic. In addition to increasing brand visibility, the activation will help Burger King increase its mobile app downloads at a time when apps are competing for consumers’ attention in lockdown.

Coronavirus hit the OOH industry hard: Outfront Media’s stock dropped 64 percent since late February and Clear Channel is down to under a dollar ($.45) for the first time. Before the crisis, revenue for OOH grew seven percent in Q3 2019 to about $2 billion and $6.4 billion year-to-date through the first three quarters of 2019, according to the Out of Home Advertising Association of America.

The #HomeOfTheBillboards offer is part of a larger stay-at-home push launched this week. Burger King released three television commercials that include a scannable quick response (QR) code, which users can scan to redeem a free Whopper with a purchase through the Burger King app. From now until April 30, Burger King is giving away 10,000 Whoppers.

The third push includes Burger King’s 3 for $3 Challenge, which asks customers to post a screenshot of a video call with at least two friends to Twitter and Instagram with the hashtag #BK3forFreeChallenge, for a chance to win one of 50 e-gift cards that cover the cost of its 3 for $3 menu. The promotion ends April 28.

Revenue And Expenses With Divvy’s Sterling Snow

During this 203rd episode of “Marketing Today,” I interview Sterling Snow, the senior vice president of revenue at Divvy.

Today we talk about the founding story of Divvy and why it was created in the beginning. We also talk about marketing at a high-growth company and what the impact of building your own brand can be on your own company.

Snow tells us how Divvy began and where Divvy customers start their journey. He describes his broad role and predicts that having someone that is singularly responsible for revenue in this way will become a trend. Snow shares Divvy’s initial marketing strategy and how the company diversified. His advice to other marketers at high-growth companies is, “You can find these high-efficiency low-cost channels that really allow for quick and efficient growth.”

Snow then emphasizes the importance of how people can use their personal brands to benefit the companies they work for. He says, “I think people underestimate how much impact they can have on their own careers and on the companies, they work for if they take a little bit of time to put together a content strategy for themselves.” The conversation highlights how starting your own personal brand can help your company.

Highlights from this week’s “Marketing Today”:

  • Where Sterling grew up and what brought him to Salt Lake City. 01:43
  • Divvy is a financial platform that allows companies to automate expense reports and make payments. 02:40
  • The impetus to found a payments/expense management company. 03:26
  • Where Divvy customers start their journey. 5:04
  • How Divvy makes its money. 06:11
  • Sterling’s responsibilities as Senior Vice President of Revenue. 06:56
  • How Sterling approaches the large scope of his role. 07:42
  • What led Sterling into the marketing realm. 08:30
  • Divvy’s marketing strategy. 09:24
  • Sterling advises other high-growth marketers. 11:28
  • When Divvy was founded. 12:59
  • How Divvy has diversified its marketing strategy. 13:16
  • How Sterling fuels his ideas. 13:57
  • The importance of how people can use their personal brands to benefit the companies they work for. 14:40
  • The best way to build your personal brand while highlighting the company. 15:49
  • Is there an experience in his past that defines who he is today? 18:25
  • How Sterling knows when to take a break. 20:54
  • What is the advice Sterling would give to his younger self? 21:48
  • Are there any brands, companies, or causes that Reggie follows that he thinks other people should take notice of? 22:54
  • The most impactful purchase he has made in the last 6-12 months of $100 or less. 33:52
  • Sterling’s take on the top opportunities or threats facing marketers today. 25:14

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Alan B. Hart is the creator and host of “Marketing Today with Alan Hart,” a weekly podcast where he interviews leading global marketing professionals and business leaders. Alan advises leading executives and marketing teams on opportunities around brand, customer experience, innovation, and growth. He has consulted with Fortune 100 companies, but he is an entrepreneur at his core, having founded or served as an executive for nine startups.

Chris Younger On Navigating The Pandemic With An Audience-First Approach

In Edelman’s special report on brand trust amid the coronavirus pandemic, 62 percent of respondents said the country will not make it through the crisis without brands playing a critical role in the challenges we face. While adjusting to the new normal, how well brands heed the voices of consumers coupled with the strength of their audience-first mentality will influence their fate later. Ayzenberg president Chris Younger emphasized this notion in a recent company leadership meeting. We spoke with Chris about what makes a strong audience-first approach and the pandemic’s impact on brand behavior in an increasingly virtual ecosystem.

How does Ayzenberg approach an audience-first mentality?

How the company is built and what we do day-in and day-out is designed to engage with audiences. We spend just as much time talking about what we’re making as we talk about who we’re engaging with. Engagement for brands and for marketers is about time, so we ask ourselves, how is that time being spent and where are they spending it? And why does it matter? At our agency, we manage over 300 million relationships for brands. We prioritize understanding how consumers are spending time, then we develop our message.

Storytelling is still extremely valuable and is at the core of our message, but the format of the stories has completely changed. As we all know, we’re no longer constrained by a limited selection of fixed platform formats as we are only constrained by our ability to think differently in this digital first, social forward landscape. 

We’re an agency that last year alone produced well over 20,000 pieces of content. So what does that agency look like? Old planning meant buying your share of voice (SOV) in key markets on network television, radio and print. Today that isn’t how audiences behave nor how brands buy. They once had to buy that way because they didn’t have any other way to understand how to reach audiences. 

Today those audiences either garner their first impression or their last impression in social media. They’re influenced through friends and they’re looking for validation on the decisions in ways that don’t live in an ad platform. So our job is to ensure we are making an impression and engaging with audiences when that intersection takes place.

If you want to be in the business of having relationships with audiences, you better understand what you’re curating and understand how to navigate it. We’re spending a lot of time listening right now because the playbook is being rewritten. The rules of engagement and work time spent are being re-evaluated. The type of content, experiences and stories that are being told are being redefined.

What are some characteristics of an effective audience-first mentality?

Being able to actually operate within an audience-first mentality requires a great deal of rigor, patience and sharp listening skills. Listening is the key to achieving a foundation that allows the services, the creatives and the currency by which you’re communicating with, to create these assets and has extremely high value when done right.

So it’s about listening and then the ability to act on that listening. There’s the data and the insight and then there’s acting on these details in a way that connects back with the audience, connects back with a brand and connects back with the entire value proposition.

How can brands get better at listening?

It’s being able to know what part of what’s being communicated should impact their business. Like anything, it takes practice. You’re probably never really running into anything but more so acknowledging. And once you get to that point, you start forming a very comfortable relationship like you would with a good friend over an extended period of time. Eventually you’re able to finish each other’s sentences and thoughts. 

For a brand to get there will take time, talent and chemistry. We also have to acknowledge that like not all relationships, not all brands are for every individual in the audience. So it’s also important to know when those are a good fit, know where your place is and where your place isn’t in certain dialogue and certain conversation. People respect that.

What makes great content right now? What we’re noticing in very early insights is this idea that as human beings and for society as a whole we’re going through an incredible experience right now. So being truthful and transparent and adopting a tone that relates to your audience will drive a positive journey for those you wish to maintain a relationship with in the future.

If done right, these actions can leave a lasting impression because consumers don’t forget how brands treat them. As we often say in our business, it takes two years to develop a relationship and it could take two minutes to lose it. You might not have necessarily done anything wrong, you just didn’t take a moment to pause and listen or you failed to acknowledge.

I can see a whole new genre of content, strategy and relationship building coming out of this pandemic. I don’t think there will be a “light switch” moment where everything goes back to business as usual. We’re going to start seeing trends of people actually showing more of themselves. The virtuality this pandemic has created will make people yearn for reality more than I think anyone realizes.

Some brands believe that now is not the time to pull back on ad and media spend while others continue pausing or reducing budgets. What do you think is the best approach here?

First off we all need a great deal of resilience during this time and until the economy becomes stable, everybody is making decisions and predictions in the dark. Assuming that the economy becomes stable to a degree of logical predictability, brands that have invested in budgets and reinforced their consumer relationships by adding value to their consumer will end up ahead. We’re going to find out who are the true expert marketers and leaders in this marketplace. However there is no baseline now. It’s being all reset.

In what ways do you predict marketing will change after the pandemic is over?

There are some incredibly polarizing conversations happening about the ability to build relationships and service your audience in ways that brands couldn’t fathom prior to coronavirus. How do virtual presentations of your brand, your experiences and your products take place in this setting? If you’re a consumer products company, you’re relying on that last point of sale to make that final purchase decision. How do we develop that in a virtual space? How are we creating touch points?

I don’t have clear answers, but there are clear trends that are going to open up the palate of marketers to explore, experiment and drive more in a virtual connected ecosystem, one that embodies a social-forward, mobile-first approach. This will ultimately allow marketers and our budgets to be more accountable. 

Being in lockdown has caused digital fatigue—how do brands cut through the noise?

I think most commercials running right now are all some form of capturing people coming together and connecting. But there are always a select few brands that keep coming up and the reason for that is, these brands take the time to listen, create and curate very powerful, very engaging pieces of content. Some of it doesn’t come down to budget but rather strategy and vision. 

This isn’t a race to who gets the most content out there wins. And it really isn’t a race to who creates the most viral piece gets the award. This is a journey for those brands who want to get the right quality over quantity, the right story over a snippet. To be able to move a message that when any one of us talks about a product or service, we have a shared experience of our understanding of what that means.

How can marketers avoid coming across as tone deaf?

It’s about letting your audience know, we know you’re being impacted by these types of experiences and we want to share where we’re at in the journey and we have these types of resources to help you get through it. It’s a really powerful thing to share in a way that isn’t manufactured. Share in a way that is true.

Are there any don’ts when it comes to leveraging an audience-first mentality?

I would say that knowing it’s okay to not be in every conversation. If you’re a brand that understands your audience has many relationships then you also understand and respect the balance between where their time is spent and knowing that your time with them is quality time. Don’t feel the need to react but do feel the need to ensure that the time you’re spending with them is quality defined by the values you set.

(Editor’s note: AList is published by a.network.)

Why Now Is The Time To Leverage Influencer Partnerships

Originally published on ION.

To understand the scope of the coronavirus pandemic’s impact on influencer marketing, Find Your Influence surveyed 380 influencers from its community between March 30-31. 

The responses revealed 86 percent of influencers who created organic content around the coronavirus pandemic saw increased engagement rates. Additionally, 64 percent of influencers said partnership opportunities have been canceled or rescheduled as a result of the pandemic. For brands reducing digital marketing budgets and looking for ways to pivot amid coronavirus, these findings indicate the time is ripe to leverage both pre-existing and new influencer partnerships. 

With creative shoots no longer a viable option, owing to concerns about the pandemic, brands are tasked with the challenge of shifting from traditional methods of content creation to those that fit within the confines of teleworking. In turn, one truth at once becomes clear: brands that invested in influencers pre-coronavirus and have content banked from doing so are in a much safer position compared to those that don’t. 

Influencer partnerships are particularly valuable now given retail sales in the US suffered a record drop of 8.7 percent in March. What’s worse, eMarketer expects global ad spending to decrease by $20 billion. Though eMarketer finalized its estimate in early March, one of its more recent forecasts reveals that spending on search advertising in the US alone will decrease in the first half of 2020 by between $6 billion and $8 billion. 

Now retailers are leaning into influencer relationships in various ways to convert customers. For example, rather than direct-response ads, Pura Vida is taking the influencer approach to stay relevant amid coronavirus, Vogue Business reports. In early 2020, the brand spent one percent of its total annual marketing budget on worldwide influencer trips to generate spring and summer content. With content stockpiled, Pura Vida is able to avoid the kind of tone-deafness that might arise from social media advertisements and instead connect with consumers organically through its influencer partners.

Yet even for brands that have no choice but to whip up new content, influencers can seem like a lifeline. As more brands reduce marketing budgets, some influencers are considering cutting their rates. Mavrck surveyed 600 creators and influencers from its index from March 27-March 30 to see how the pandemic is affecting their content strategies. While 40 percent of influencers said they haven’t adjusted their rates, 37 percent said they have lowered their rates or may lower them in the near future because of coronavirus.

At a time when consumers want ads to inform them and make them feel happy, brands should use influencers as a vehicle to communicate an uplifting message, share charitable actions, spread accurate information about the pandemic and highlight new ways to use products and services in the context of social distancing.

Lively has about 110K Ambassadors in the U.S. that are women who demonstrate the LIVELY values of living life passionately, purposefully, and confidently, according to a spokesperson. When women sign up for the Ambassador program (they sign up themselves), they receive a unique code that their friends, family, and networks can apply to first-time purchases. CEO Michelle Cordeiro Grant founded the brand in 2015 and launched in 2016. According to CNBC, Lively grew by 300 percent in 2017 and was again saw triple-digit growth in both 2018 and 2019. Lively inked a deal with Nordstrom in 2018 and sells its products in 35 Nordstrom locations as well as at its four stores in the U.S.

(Editor’s note: AList is published by a.network. To get up to speed on the rapid changes affecting the influencer marketing landscape, click here.)

What We’re Reading–Week Of April 13th

We’re searching for the most pressing marketing insights this week. Updated daily.


What Is The Future Of Brands Within Closed Ecosystems?

The Drum

Brands can protect consumer privacy more effectively in a login environment like a closed ecosystem.

Why it matters: Consumer expectations are shifting to demand the same seamless digital experience they get using services with walled gardens. 


ANA CEO Sees A Slow Recovery Post-Pandemic

Ad Age

On the level of industry participation he expects for ANA’s Masters of Marketing event, which was moved to October, ANA CEO Bob Liodice said: “We are, candidly, not expecting anywhere near the types of attendances we have had in the past,” he says. “But I think if we get a representative crowd … that will be good enough for us. It gives us an opportunity to bring back the community.”

Why it matters: Dramatic declines in event turnout will be inevitable post-pandemic.


Jägermeister Brings Cold Brew Martinis To Virtual Brunch

Adweek

Jägermeister will host a virtual brunch on Instagram Stories showing how its digestif can be mixed with cold brew coffee to raise funds for Relief Opportunities for All Restaurants.

Why it matters: Brands that show how they’re adding value to the lives of people and employees will leave a lasting impression on consumers.


Michelob Ultra Streams Workouts While Helping Personal Trainers

Mobile Marketer

Michelob Ultra has launched a series called “Movement by Michelob Ultra Live” on its Facebook Live, Instagram Live and YouTube Live channels to reach consumers stuck at home during coronavirus and give them a chance to tip trainers who appear in the videos. For each dollar donated, Michelob Ultra and Optimum Nutrition will match the donation up to $7,500 a week.

Why it matters: A broadcasting series will help Michelob Ultra reinforce its brand’s positioning in the crisis while also showing consumers it cares about the members of the fitness community.


Spotify Tops Ranking Of Brand Intimacy During Pandemic, Study Says

Mobile Marketer

Spotify ranked number one in a study of brand intimacy during coronavirus according to MBLB’s “Brand Intimacy Study 2020.” Facebook, Instagram, Pandora, Snapchat, Twitter, Airbnb, Uber, LinkedIn and Venmo rounded out the list. MBLB defines brand intimacy as a measurement of the emotional bonds that consumers form with brands.

Why it matters: Spotify may have outranked brands on intimacy but Quartz reports that in Italy the top 200 most streamed songs on Spotify averaged 18.3 million total streams per day in February but dropped to 14.4 million on March 9th. 


‘We’ve Stopped Being So Strict About Brand Positioning’: Burger King CMO Fernando Machado On Marketing During Coronavirus 

Digiday

As per Burger King CMO Fernando Machado: “For us, we’ve stopped being so strict about whether or not something makes sense for our brand positioning. We did what we thought would be helpful to people. In the case of Burger King, we gave away free kids meals. Why? Because we know that many peoples’ kids eat at school. Without kids in school, we know many parents struggle to put something together. We have provided roughly a million meals in the US.”

Why it matters: Marketers should take a page out of Burger King’s pandemic playbook: help communities by doing concrete things and repurpose existing advertising assets to remain relevant.


Oreo’s Local-First, Globally Connected COVID-19 Strategy Around Playfulness

Campaign Live UK

With guidance from its team in China, Oreo pulled irrelevant content from its marketing and created a video spot featuring user-generated content of consumers doing the brand’s #CookieWithACause challenge on TikTok. The challenge calls for participants to place an Oreo on their forehead and try to land it in their mouth in creative ways. For every post marked with the hashtag, Oreo is donating to Save the Children for the first 1 million video uploads.  

Why it matters: Adapting your marketing strategy to social distancing orders is paramount to staying relevant.


Opinion: Brands Should Not Stay Silent During The Pandemic, But They Should Avoid The ‘Hero Trap’

AdAge

Brands like Budweiser, LMVH, Verizon and Nature’s Bakery are letting their actions speak for themselves by hosting American Red Cross drives at stadiums, converting production to make hand sanitizer and offering practice advice on how to keep kids active in quarantine, respectively.

Why it matters: Instead of relying on “sweet words and piano music,” brands should explore how to turn people into heroes instead of posing as heroes themselves.


How To Win At Instagram Live

The Business Of Fashion

Designers, celebrities and creators alike are doubling down on Instagram live stream programming that features quarantine versions of “a day in the life of,” career advice and tips on handling the new normal.

Why it matters: Brands are increasingly using Instagram Live to connect and inform—not to sell products.


Frito-Lay’s New COVID-19 Ad Is An Anti-Brand Manifesto. Too Bad It’s Still A Commercial

Fast Company

Frito-Lay’s new television commercial scolds other brands for advertising during coronavirus yet its spot does just that—by humble-bragging about its efforts to help create jobs and donate to relief efforts. 

Why it matters: “The risk, of course, is that this approach also draws the more critical eyes of an audience who, sitting at home, has nothing better to do than look for holes in the Frito-Lay story.”


Young, Shafted And Black: Is Anything Being Done To Close The Influencer Ethnicity Pay Gap?

The Drum

After being paid in the “low £100s” for a style content activation, black plus-size influencer Stephanie Yeboah found out that white influencers were paid in the “£2,000-£3,000 range” for the same job.

Why it matters: The racial influencer pay gap drives down black influencers’ prices, affecting their ability to afford to pursue such a career, in turn leading to less creators available to activate the community for brands.


Editor’s Note: Our weekly reading list is updated daily. This installment is updated until Friday, April 17. Have a tip? We’re looking for must-read articles related to trends and insights in marketing and media. Let us know at editorial@alistdaily.com.

Marketing During A Pandemic With Cradlepoint’s CMO Todd Krautkremer

During this 203rd episode of “Marketing Today,” I interview Todd Krautkremer, chief marketing officer at Cradlepoint, an entrepreneurial executive with over 25 years of experience.


Today we talk about his passion for building growth companies, his transition from computer science to the development side, product management, sales, and marketing and his CEO role during the 2008 financial crisis. Krautkremer also shares his advice for what marketers should do during this coronavirus pandemic. 

Krautkremer starts by discussing his early career work, building some of the biggest data networks for carriers and becoming a sales manager for the Northeast region. Working at Gearworks as CEO through the 2008 financial crisis taught him skills that served him well in his current role as a CMO. Krautkremer says, “I have empathy for customers. I understand how my partner in sales works, thinks, what they need, and most importantly, I am a better CMO because I understand what our CEO thinks and needs and the pressure that he goes through every day and the role that marketing has to play in really shaping the strategy and driving the go-to-market and seizing the opportunities.” 

Krautkremer also delves deep into 5G technology and how marketers should be evolving their methods during the COVID-19 coronavirus pandemic. He says, “Every customer is in some type of emergency response mode. It is either survival for the business. It is either a fundamental shift in how people are working or it is mounting a response to the crisis that we are dealing in. Our customers at Cradlepoint include a lot of healthcare providers and first responders. So, we have a smattering of all of that. But as a marketeer, if you’re not dramatically changing everything that you do at this moment in time, you are behind the 8-ball.” 

 Highlights from this week’s “Marketing Today”: 

  • Todd describes his upbringing and background in computer science. (01:49)
  • He joined his first of four startup companies as the only sales representative. (04:23) 
  • What did Todd Krautkremer learn during the 2008 recession?  (06:40)
  • With coronavirus wreaking havoc on marketing plans, marketers should be doing the same with their marketing plans. (9:01) 
  • Todd describes what Cradlepoint does and how they are responding to the current crisis.  (10:38)
  • Cradlepoint is an enterprise-class product providing wireless connectivity and extending into homes. (14:13) 
  • What is the vision of where Cradlepoint wants to go in the future? (15:48)
  • 5G is going to be fiber-fast but can also literally pop up a network. (17:22) 
  • During the pandemic, Todd advises marketers to have an open-arms approach to engaging the marketplace with your solutions. (19:16)
  • What experience in Todd’s life has helped make him who he is today? (24:20)
  • What advice would Todd give to his younger self? (28:00) 
  • What is a recent purchase of $100 or less that has been the most impactful for you?  (31:00)
  • Are there any brands, companies, or causes that he thinks marketers should be paying attention to? (32:18)
  • What does Todd Krautkremer feel is the largest opportunity or threat that marketers face today?  (35:22)