07 April 2011

Here’s a big surprise…

Wow.  For 500 bucks you can find out about what I’ve been saying for years:

Will Facebook Ever Drive eCommerce?
imageIn spite of the fact that hundreds of millions of people around the world have Facebook accounts, the ability of the social network to drive revenue for eCommerce businesses continues to remain elusive. eBusiness professionals in retail collectively report little direct or indirect benefit from Facebook, and social networks overall…

A few of my takes:

Foretellings
NostraChuckus, that uncannily somewhat accurate prognosticator who mostly deals with predicting common sense, is at it again:
Social Media/Word-of-mouth advertising/marketing on the web has been a washout…

5 Reasons Why 90% Of Social Media Efforts Fail

Is roiling ether the best place for advertising?

The Real Thing vs. The Virtual Thing

How do we get them there?
Average click-through rate was 0.051 percent in 2010…

My New Year’s Resolution
No more scratching my head and being completely baffled by social media marketing experts telling me that consumers want to talk about products, have online conversations about toilet paper or whatever – and have even more conversations with the manufacturers of products. What an odd, insulated view of advertising and marketing.

It’s certainly nice to see research finally catching up.

05 April 2011

Carnival of Colleagues

Only a few months ago I was highlighting the authoritative work of Dr. Joseph Coughlin and Dick Stroud:

Two Experts, One Superb Article, One Superb Presentation
Each is worth its own post here – but we’re living in an era of austerity, so…

Now they’re at it again (or, they never stopped and I’ve been asleep):

Dick in Dublin
 
Joe in Cambridge

imageBrent Green keeps us on our toes with eclectic, fascinating guests on Generation Reinvention Radio.  He recently blogged about all episodes so far – so pick one.  Then pick a few more.

And Marc Middleton continues blogging for The Huffington Post.  This one is about marketing and advertising:

imageStalking the Boomer Consumer
If you are trying to market to Baby Boomers as a whole, you are destined for failure. Baby Boomers are not a whole. They are a highly diverse, highly fragmented group of people born between 1946 and 1964.

I’ll have to do something impressive one of these days.

04 April 2011

Long-Term Relationship Partner Gets More Ad Age Ink Than I Do

Top-notch Ad Age White Paper by Marissa Miley  sponsored by AARP:

50 and Up: What's Next?
imageThe generation that defined youth marketing for Madison Avenue is readying for retirement. Here’s what they’re thinking, where they're spending their money and what marketers should know in order to reach them. Data from AARP's Baby Boomers Envision Retirement Survey, GfK MRI’s Survey of the American Consumer and Ad Age's MarketFinder.

Download The PDF

Quotes from Dick Stroud, Lori Bitter, Carol Orsborn, and Yours Truly are scattered about.

Dick emailed me, saying “I thought it was one of the best researched papers I had seen for a long time.”  So when he gets around to blogging about it the link will be right here.

But … my long-term relationship partner (that’s what I am in the report) has a whole section dedicated to her:

image

My bloviations are merely occasional light sprinkles.

I’m not sure I’m happy about this.  In high-profile celebrity marriages and relationships such as ours, it’s never a good omen when one gets more ink than the other.  Will this be the end of domestic bliss???

Read 50 and Up: What's Next?

31 March 2011

New Old Dirt

imageI’m always digging up the same old dirt. Sometimes it’s other people’s old dirt, sometimes it’s my old dirt.  The funny thing is that it’s always fobbed off as new dirt.

New Dirt:

Boomers are Driving a New Entrepreneurship Boom
imageContrary to what most of you might guess, the highest rate of entrepreneurial activity over the last few years is not Gen-Y young upstarts, but Baby Boomers in the 55-64 year age group.

Old Dirt (culled from the Introduction to my book ©2005):

image

New Dirt:

The Unretiring Kind: Boomers Gear Up for Second Careers
imageThis year the first wave of Baby Boomers hits the 65 mark. In the past, age 65 was like the red line on a car’s tachometer that warned you when you neared the engine’s maximum recommended revolutions. When the needle tapped the red line, it was time to back off the throttle and begin to slow down.  And retire.
The Boomer cohort, some 79 million strong, doesn’t see it that way.

Old Dirt (again, from my book):

image




 
New Dirt:

Baby boomers save at Preferred Hotels
imageA study conducted by Preferred Hotel Group found that baby boomers, that is, people born between 1946 and 1964, want to take their travel experiences to a new level, where experiential, active and thematic travel is at the top of their lists. Not willing to be relegated to a bus tour, the 77-million-strong U.S. baby boomer generation is proving they are young-at-heart with a passion for active experiences in global destinations.

Old Dirt (again, from my book):

image

 

image

 

Maybe I should bury copies of my book and let other people dig’em up.

28 March 2011

TV Advertising Most Influential: MediaPost

This’ll be a follow-up to a few posts through the years, including the previous one:

The Real Thing vs. The Virtual Thing

More about Pepsi’s myopia, and trip to the optometrist for a new prescription:

Networks Set to Down Pepsi Dollars
by David Goetzl
image… On Friday, a PepsiCo executive said beverage ad spending would increase this year by 30% -- on TV alone -- with a concerted effort behind flagship Pepsi.

"We need television to make the big, bold statement," Massimo d'Amore, CEO of Pepsi Beverages Americas, told the Wall Street Journal.

Sounds about right to me.  Have I screamed about this loud enough before?  Let me scream again.  Or, let someone else scream:

TV Advertising Most Influential
by Jack Loechner
According to Deloitte's fifth edition "State of the Media Democracy" survey, 71% of Americans still rate watching TV on any device among their favorite media activities. In addition, 86% of Americans stated that TV advertising still has the most impact on their buying decisions.

imageNostraChuckus’ take on it all: Foretellings