Thursday, March 31, 2016

Salesforce VP:marketing is turning into goal-setting



It used to be that data was useful to only a few people in marketing: the decision-makers. Senior-most marketers would receive business intelligence around sales growth in different markets or Nielsen survey data around the most-viewed broadcast channels. Everyone else carried out the resultant plans: get a 3-month TV commercial campaign up on these local networks, or buy some billboard space on this stretch of highway.
Today, it’s still true that marketing data and information is only useful to decision-makers. It’s just that now, all marketers are making decisions. We need historical and real-time data to improve the content we create at all levels, from ad and social media copy and distribution to events experiences and art direction.
But when it comes to actually sharing and using that information, we aren’t making any progress. Marketing has changed more in the last five years than in the previous 50, but our knowledge management and ability to share actionable data — to become more intelligent as a team — hasn’t:
Fixing the state of knowledge management between marketers is tied up in the issue of transparency and visibility of relevant information, which most marketing software hasn’t even tried to address.
But there are some examples out there that hint at the path to effective knowledge management and thus a truly informed marketing department — even if they aren’t necessarily from marketing teams.
The data science team at Airbnb, which exists to find and share knowledge for the purposes of critical decision making, found itself in an unproductive cycle. When someone on the team got a research request, they would naturally start by asking teammates for past, related reports.
The problem: that scientist often couldn’t trust that those past reports were accurate or up-to-date. So they would end up recreating content from scratch and then distributing it through Google Drive and e-mail — and, eventually, the cycle would recur.
In their words:
Low quality research manifests as an environment of knowledge cacophony, where teams only read and trust research that they themselves created.
Their eventual knowledge management solution was a combination of tech and process that accomplished five goals:
  • Reproducibility: This refers to cataloging each stage of the report. Other scientists should be able to view exactly how someone went from initial question to the final visualizations and conclusions.
  • Quality: This means reviews and approvals for accuracy and value.
  • Consumability: Airbnb said it wanted content to be both accessible to lay people, as well as aesthetically on-brand.
  • Discoverability: If someone wanted to learn about a topic, it should be easy to find it or navigate to content without asking around.
  • Learning: By looking at a report, another team member should be able to discover new best practices.
It isn’t hard to see parallels between the Airbnb data science team and the knowledge management problems of virtually any marketing team today:
  • A need for transparency around what related work the team has already done
  • The potential for reluctance around leveraging another teammate’s work
  • Uncertainty around what works and what doesn’t
  • A reviews process for content
  • The mandate to deliver quality, on-brand messaging
  • The sore lack of a navigable repository
  • No method for best-practices sharing
The solution for marketers, then — not just to grow the team’s general intelligence, but also to use it to get the best content in front of audiences quickly — largely maps to those same five goals:
  •  Reproducibility: Do you have a system for recording the journey from initial campaign ideation and briefing — including feedback and brainstorming — all the way to final production, distribution, and results?
  • Quality: Do you have an approvals process in place (for briefs, for artwork, for content, for publishing) that elevates your marketing collateral and campaign without compromising efficiency?
  • Consumability: Is there consistency around how you speak with customers or clients in your marketing content — as well as consistency around what’s visually on-brand?
  • Discoverability: Is there a single, searchable source of truth for your marketing assets — like campaign briefs, images and content produced, and campaign results?
  • Learning: Does your system accomplish all of the above, making it easy for a marketer to actually learn from past efforts.
At the end of the day, marketing needs all of the above to make sure information gets to where it needs — whether that’s information around past or current campaigns, performance, audience data, briefing instructions, brand guidelines, or even materials like pre-approved visuals. And we know that the combination of tech and process works, even across departments with teams Marketing has to coordinate with — after all, that’s how General Electric was able to get 24,000 employees on the same page. Improving knowledge management and the flow of information will help teams and departments move forward in an age defined by constant change.
http://marketingland.com


Airbnb Data Scientists May Have Saved Marketing

It used to be that data was useful to only a few people in marketing: the decision-makers. Senior-most marketers would receive business intelligence around sales growth in different markets or Nielsen survey data around the most-viewed broadcast channels. Everyone else carried out the resultant plans: get a 3-month TV commercial campaign up on these local networks, or buy some billboard space on this stretch of highway.
Today, it’s still true that marketing data and information is only useful to decision-makers. It’s just that now, all marketers are making decisions. We need historical and real-time data to improve the content we create at all levels, from ad and social media copy and distribution to events experiences and art direction.
But when it comes to actually sharing and using that information, we aren’t making any progress. Marketing has changed more in the last five years than in the previous 50, but our knowledge management and ability to share actionable data — to become more intelligent as a team — hasn’t:
Fixing the state of knowledge management between marketers is tied up in the issue of transparency and visibility of relevant information, which most marketing software hasn’t even tried to address.
But there are some examples out there that hint at the path to effective knowledge management and thus a truly informed marketing department — even if they aren’t necessarily from marketing teams.
The data science team at Airbnb, which exists to find and share knowledge for the purposes of critical decision making, found itself in an unproductive cycle. When someone on the team got a research request, they would naturally start by asking teammates for past, related reports.
The problem: that scientist often couldn’t trust that those past reports were accurate or up-to-date. So they would end up recreating content from scratch and then distributing it through Google Drive and e-mail — and, eventually, the cycle would recur.
In their words:
Low quality research manifests as an environment of knowledge cacophony, where teams only read and trust research that they themselves created.
Their eventual knowledge management solution was a combination of tech and process that accomplished five goals:
  • Reproducibility: This refers to cataloging each stage of the report. Other scientists should be able to view exactly how someone went from initial question to the final visualizations and conclusions.
  • Quality: This means reviews and approvals for accuracy and value.
  • Consumability: Airbnb said it wanted content to be both accessible to lay people, as well as aesthetically on-brand.
  • Discoverability: If someone wanted to learn about a topic, it should be easy to find it or navigate to content without asking around.
  • Learning: By looking at a report, another team member should be able to discover new best practices.
It isn’t hard to see parallels between the Airbnb data science team and the knowledge management problems of virtually any marketing team today:
  • A need for transparency around what related work the team has already done
  • The potential for reluctance around leveraging another teammate’s work
  • Uncertainty around what works and what doesn’t
  • A reviews process for content
  • The mandate to deliver quality, on-brand messaging
  • The sore lack of a navigable repository
  • No method for best-practices sharing
    The solution for marketers, then — not just to grow the team’s general intelligence, but also to use it to get the best content in front of audiences quickly — largely maps to those same five goals:
  •  Reproducibility: Do you have a system for recording the journey from initial campaign ideation and briefing — including feedback and brainstorming — all the way to final production, distribution, and results?
  • Quality: Do you have an approvals process in place (for briefs, for artwork, for content, for publishing) that elevates your marketing collateral and campaign without compromising efficiency?
  • Consumability: Is there consistency around how you speak with customers or clients in your marketing content — as well as consistency around what’s visually on-brand?
  • Discoverability: Is there a single, searchable source of truth for your marketing assets — like campaign briefs, images and content produced, and campaign results?
  • Learning: Does your system accomplish all of the above, making it easy for a marketer to actually learn from past efforts?
    At the end of the day, marketing needs all of the above to make sure information gets to where it needs — whether that’s information around past or current campaigns, performance, audience data, briefing instructions, brand guidelines, or even materials like pre-approved visuals. And we know that the combination of tech and process works, even across departments with teams Marketing has to coordinate with — after all, that’s how General Electric was able to get 24,000 employees on the same page. Improving knowledge management and the flow of information  will help teams and departments move forward in an age defined by constant change.
https://blog.percolate.com


U.K. Consumer Confidence Stalls as ‘Brexit’ Clouds Outlook

Fears that Britain might vote to leave the European Union helped keep consumer confidence at the lowest level in more than a year, according to a survey published Thursday.
GfK’s consumer-confidence index stayed at zero in March. A gauge of expectations for the economic situation over the next 12 months was minus 12, unchanged on the month and down 18 points from a year earlier.
Despite good economic headlines about low inflation, interest rates and prices in the shops, concerns about Brexit and the ongoing euro-zone crisis appear to be hitting home,” said Joe Staton, head of market dynamics at GfK.
The Bank of England said Tuesday that the prospects for financial stability have deteriorated as it put the risk of a Brexit following the June 23 referendum at the top of its list of near-term domestic threats. Stability officials at the central bank warned the pound -- which is already heading for its worst quarter since 2009 -- could fall further as uncertainty increases.
Interviewing for GfK’s survey was carried out between March 1 and March 16, before suicide blasts at Brussels airport and on the city’s subway killed more than 30 people and left scores of others injured.

http://www.bloomberg.com

Two surveys show some different conclusions for Talk Broadband


GATINEAU – While seven in ten Canadians say that they are satisfied with the speed and reliability of their home Internet service, only one in three report being happy with the cost, according to a public opinion research report unveiled Wednesday by the CRTC.
The EKOS Research Associates report, prepared for the CRTC, comes two weeks before the Commission kicks off the public hearing related to its review of basic telecommunication services.  The first part of the report presents results gathered through a questionnaire that was completed by more than 30,000 Canadians, and EKOS said that it also administered the questionnaire with a separate sample group of over 1,600 Canadians representative of the population as a whole.  The second part of the report presents information gathered through focus groups held in small communities which have limited or no access to broadband Internet services.
Other highlights from the report include:
- Canadians’ online activities have increased dramatically over the past five years. Most have increased by 50% and some doubled;
- Emailing, reading news online, researching medical information, banking and interacting with government websites are Canadians’ top five online activities;
- More than half of Canadians report using their home Internet connection more frequently than their mobile phone and home phone services. Also, they expect to still be using mostly their home Internet connection five years from now;
- Two in three Canadians believe that prices in rural and remote areas within Canada should compare with prices in urban areas for telecommunications services; and
- One in five Canadians have limited their use of the Internet in the past 12 months for various reasons.
Access to basic telecommunications services is crucial for Canadians to actively participate in the digital economy”, said CRTC chairman and CEO Jean-Pierre Blais, in a statement.  “Since the launch of this consultation, we have been researching and analyzing the vast amount of information submitted. Canadians have risen to the occasion and have been participating in great numbers.” 
The public hearing on these issues is scheduled for April 11 to 29, 2016, in the National Capital Region.