Monthly Archives: March 2006

Marketing nations: good news from Australia

Australia_ii

Marketing nations is hard.  Constrained by bureaucrats, the creatives are reduced to the banal and the exclamatory.  Incredible India!  Supernatural British Columbia!  Uniquely Singapore!  Malaysia: Truly Asia!  WOW Philippines!  England: little and damp! 

And along comes Australia with "So where the bloody hell are you?"  Ah, bless them.  This is perfect.  The spot shows scenes of Australia at its most sumptuous, and Australians saying things like,

"We’ve bought you a beer.  And we’ve had the camels shampooed. And we’ve got the sharks out of the pool." [An aboriginal dancer adds:] "And we’ve been rehearsing for over 40,000 years."

The execution is not quite as charming as the idea.  The punch line "So where the bloody hell are you?" comes from a beautiful young woman on the beach (pictured) and she quite deliberately jiggles while delivering her line.  Yes, yes, I know we’ve seen the return of jiggle television, so why not jiggle advertising?  It’s facile marketing, that’s why.  If you need a jiggling 18 year old to sell your line, well, actually, the line is so good, it didn’t need a jiggling 18 year old.

What’s good about the line "So where the bloody hell are you?" is that it captures what I take to be a peculiarly national endowment.  Australians have so perfected the art of bonhomie that they can trade in frankness without being rude.  They can challenge without ceasing to be companionable.  In the vernacular: Australians can get in your face without getting all up in your face about it.  (On the map of cultures, only Italians can do this kind of thing so well.)

Now, in a postmodernist time we know that any generalization about nations is a very slippery business.  At the very mention of the word "Australia" our heads fill with panorama, breaking surf, shell-like opera houses, kangaroos, guys called Bruce, girls called Sheila, shrimps on the barbie…and we know all of this is crap.  Australia is a very various place, like all countries (with the possible and tragic exception of France) a stereotype in ruins. 

But, postmodernists be damned, there are national tendencies.  I suspect that Australian bonhomie is something we could identify, measure and confirm.  And as long as this is so, those of us who live in cultures that are preoccupied with ceremonial exactitude listen to ads of this kind and go, "ah, a vacation from getting it exactly right." 

And let’s face it, Australia is the old America.  Heart on the sleeve, tell like it is, forthrightness, this used to be an American virtue.  And it was the reason the English kids at Cambridge would sometimes gather round a North American, thrilled and perhaps a little scandalized  to be in the presence of someone who didn’t have to get it right every time.  It seemed a little liberating (when it was not manifestly risible…some of them could not decide.)  No, Australia is to America what American used to be to England, a place not entirely Japanese in its attention to the niceties of social interaction. 

And this ad captures that perfectly.  And what a value ad this is.  To give people a vacation from the perplexing difficulties of their daily life, when old rules have been overthrown, and new ones not yet created, (most of my Connecticut neighbors have retreated into rudeness), this is a good thing surely, and the best way to build a national brand and to wow the would-be tourist. 

Marketing nations doesn’t have to be an exercise in the banal and the exclamatory.  And as the new consumer goes looking for touristic experiences (not national stereotypes) plainly, it can no longer afford to be. Good on ya, Australia. 

Reference

Kotler, Phillip.  1993. Marketing Places: Attracting Investment, Industy and Tourism to Cities, States and Nations.  New York: Free Press. 

Stanley, Bruce.  2006.  &@#$%!– Australia Throws Another Tourism Advertising Slogan on the Barbie.  Wall Street Journal.  March 10, 2006; Page B1. (subscription required)

The "where the bloody hell are you?" campaign here.

Acknowledgments

Tom McFarlane, M&C Saatchi’s regional creative director in Sydney.

John Howard, Australian Prime Minister for defending the spot. 

Madison Avenue and the doppelganger strategy

Coke_ad_1

So advertising is dead.  Everyone says so.  In its place, we’ll use banner ads, email marketing, product placement, that kind of thing.  The 30 second spot?  Oh, that’s dead as John Cleese’s parrot. 

Right?  Well maybe.  Me, I think the argument is deeply mistaken.  I believe that nothing manufactures brand meanings like a 30 second spot. 

But I am beginning to think that I am the only one who takes this position.  From the agency world itself, we hear not a peep.  Well, there was Lovemarks, from the head of Saatchi and Saatchi, but this was a book so bad that it almost made me wish that talk of the death of advertising were true. 

Otherwise, all is quiet.

Could it be that the ad world suffers a state of paralysis?  Is it mesmerized by the new marketing and now helpless in its path.  Will MadAve go quietly?

This doesn’t seem very plausible on its face. The ad biz is nothing if not "snappy with the come-backs."  This profession is well stocked with conceptual and expressive gifts.  It is occupied by people who can perform a 180 degree course correction, reinventing the entire logic of the pitch, in the 5 seconds it takes them to register "the client is not happy."  Capitalism has a secret company of improv players, and one day many of these subversives will prove to have been on the payroll of Madison Avenue.

No, I think the problem goes deeper than this, straight into the heart of the industry and the most adaptive of its adaptive strategies.   The first ethnographic work I did in Detroit was for an advertising agency.  An  agency guy saw what we were doing as particularly "new wave" and he regaled me with stories about the old days

In the 1950s, apparently, the agency had a favorite technique for managing the client.  It would go out and hire someone who was quite a lot like the client.  Actually, they sought a match so close, the effect was sometimes chilling.  The agency guy would just happen to like the same movies, the same sports teams, the same Vegas hangouts as the client.  He would kind of look like the client, talk like the client, and dress like the client.  In fact, in some cases, it was difficult to tell the difference between tweedle dum and tweedle dee, all the better to persuade Pontiac (or some other GM account) to sign those breath taking cheques and leave the agency alone. 

Call it a doppelganger strategy.  The 50s version was the most exaggerated form.  But I believe this strategy is with us still.  I believe the advertising world long ago committed itself to having no idea of what is was and what it did.  Surely, this was the smart thing to do.  I mean, if an agency insisted it used the Aaker model of advertising, well, what would happen if a client appeared who was particularly anti-aaker (I mean, of course, Aanti-Aaker)?  Surely, specificity was a bad idea.  The industry decided that on balance a clear idea of advertising would always cost an agency more than it gained it.  Oh, I don’t mean to say that there weren’t tendencies in the ad world.  Leo Burnett was always going to be seen as more "x" and J. Walter Thompson more "y," but, on balance, the industry conspired to create a code of silence on precisely what it was and what it did.  This was the smart, the adaptive, thing to do. 

This sort of thing costs you, I believe, in the long term.  Being all things to all people creates a certain imprecision of self definition.  After awhile, it’s hard to know who you are.  In the day to day, this doesn’t matter very much.  The prevailing notion seems to be, "What does it matter what they call us, as long as we just get paid?"  Everyone harbors the idea that one of these days, if we wanted to do, we could just sit down and sort this out. 

But neglected ideas have a way of disappearing.  Some, the head strong ones, will away in the night.  Others, heart strong, wither and die, proving not so heart strong at all.  And I think that’s where we find the industry.  Now that there is a crisis upon us, now that there is a paradigm shift under way, now that the industry is facing the disintermediation that has destroyed once mighty industries and brands, it proves to be too late.  The cupboard is bare. 

Sir Martin Sorrell once made the sly remark that the "interactive marketing is more measurable than traditional advertising–so its more pleasurable for the decision makers."  And I think this means we are entering really perilous waters.  We know, or I think we know, that much of the best work by the agency world would never have happened if advertising had always occupied a measurable world.  Sure as shooting, the client would have measured the wrong things, leapt to the wrong conclusions, and otherwise mangled the creative opportunity without shame or apology.  (The creative director with whom I worked in Detroit told me, "If I let the client get away with it, every single ad would be about engine specs and turning ratios!")

It’s as if the advertising world has been too fluid, too adaptive, too flexible and now that it is called upon to give an account of itself, it dithers.  "Don’t tell me. I know this one.  Umm.  Oh, damn."  As long as the client had no options, we could pull a "St. Augustine" on them: "do not seek to understand that you may believe but believe than you may understand" aka "just give us the money, and we’ll look after it."  But now that there is competition, there’s trouble.

There is a darker possibility here.  It may be that the advertising world wasn’t merely withholding clear and coherent ideas of what it was.  It may be that it never had these ideas in the first place or long ago ceased to believe in them.  Perhaps there was a creeping dread that there was no value here, that the whole thing was just a lark, a way to pry money out of clients, amusing one another, attending those endless award ceremonies, and dining often and richly on someone else’s account.  Some may have believed secretly that the cupboard was always thus.

I hope I’m wrong.  Perhaps Sir Martin Sorrell has a blistering manuscript in his desk drawer that will throw off the cloak of the shapeshifter, renounce the ways of the doppelganger, and make the case.   Maybe the ad biz isn’t dead after all.  Yeah, that’s it.  Maybe, as Mr. Praline would say, it’s just stunned. 

References

Cleese, John et al.  n.d. The Dead Parrot Sketch. here.

McCracken, Grant.  2006. Lovemark.  This Blog Sits at… Februrary 24, 2006. here.

McCracken, Grant. 2005.  When Cars Could Fly: Raymond Loewy, John Kenneth Galbraith, and the 1954 Buick.  Culture and Consumption II: marketings, meanings and brand management.  Bloomington: Indiana University Press, pp. 53-90.  (for one of the accomplishments of the advertising world in the 1950s)

Sorrell, Sir Martin.  Patricia Sellers Interviews…  The Hidden Persuader.  January 27, 2004. here.

Branding, cocreation and AmEx theater

Am_ex_shyamalan_1

Yesterday I praised the AmEx spot directed by M. Night Shyamalan and metadirected by Ogilvy.

It shows Mr. Shyamalan in a restaurant where people and things seem to have slipped their moorings, and now are drifting ever so delicately out of ontological alignment.  Mr. Shyamalan looks on.  So do we.

I argued that when we use indeterminacy as an advertising device, we invite the consumer to complete the ad and the brand.  Mr. Shyamalan’s "My Life, My Card" ad invites cocreation, one of the great objectives of the new marketing.  By this reckoning, difficult ads are efficacious ads.  (So much for the "keep it simple, stupid" orthodoxy of the old marketing.)

But today I got thinking.  (It often takes 24 hours for this to happen.  My motto: blog first, ask questions later.  I thank my esteemed Corante colleague Johnnie Moore for the push.)  I got thinking about how cocreation works.  When I complete parts of the Shyamalan ad, am I actually helping to build the AmEx ad and the AmEx brand?  Probably not.  No, actually, for the moment I am sealed into the imaginative world created by Shyamalan.  All puzzles, props and propositions go to him.

Eventually I come unglued.  Eventually, I pull myself out of the Shyamalan restaurant and as I exit, I remember and give honor to American Express.  What happens then?  Is this merely a matter of thanking AmEx for bringing me the Shyamalan spot…in the way millions of consumers thank Tide for a soap opera?  Is AmEx merely the conduit for the Shyamalan ad?  Or are they something more like a participant in his achievements and my exertions.  In sum, do I construct AmEx when I am constructing Shyamalan’s Restaurant?

Well, AmEx may be merely the conduit for Shyamalan’s Restaurant, but this would be nothing to sneer at.  With Restaurant, we all spent 2 minutes in the company of a gifted filmmaker, noticing, wondering, filling in, working out, feasting on 120 seconds of advertising more remarkable than many 120 minute films.  (So you saw King Kong, too.)  And this gift couldn’t have come at a happier time.  There we were, captive of the forced march of Oscar night, bored witless but unable to turn away.  Suddenly, Shyamalan’s gift materialized before us.  Materialized?  It evanesced before us.  Released from captivity in Kodak theater, why would we not give deep thanks and credit to the AmEx theater that was our savior? 

This might be a nice little tradition to hope for: the AmEx theater that emerges for 120 seconds each year in the throes of the Oscars, an beautiful little reminder of what the fuss is about, and why we make or watch films in the first place.  Shyamalan’s restaurant was more engaging than anything that happened.  When it was over, I turned to Pam and blessed her with my usual eloquence: "Wow, what was…that was…wow!"   If this is all it is, AmEx may consider their money well spent.  After all, the much vaunted "magic" of filmmaking is the very thing that seems to vanish from view on Oscar night.  Being the brand that reminds us of the point of the proceedings, well, this has got to be good for something.  It certainly separates American Express rather elegantly from the sprawling goody bag of the occasion.

But I think it is something more at work here.  I can’t help feeling that there is a deeper unity.  And if I had another 24 hours I could tell you what it is.  Ah, here it is: what impresses me is that American Express has left M. Night Shyamalan to work his creative genius, apparently without interference.  And in a way, this would appear to be his gift to us.  He leaves us to work out the significance of the empty baby carriage, the tattooed monk, the woman’s gaze across the restaurant.  AmEx releases Shyamalan from the constraints of advertising that Shyamalan might release us from the constraints of advertising.

This gets right at the brand proposition, and Shyamalan’s take on it.  The former, My Life, My Card, says this brand does not presume to know who you are any more than it presumes to tell M. Night Shyamalan how to make an ad.  It merely puts at our disposal a financial instrument that enables us (as it enabled him).  Mr. Shyamalan customized his ad with this signoff: "My life is about finding time to dream, that’s why my card is American Express."  Now the AmEx card is positioned as something that frees someone of Shyamalan’s gifts from the many harassments imposed by cash and book keeping.  This is the brand proposition on high, in the life of a creative god, and here below, in the lives of mere mortals like us. 

In a sense, what AmEx has accomplished here is the perfect opposite of a product placement.  This ad is not about jamming the product into the frame.  (We learned today that Ford will pay $14 million dollars to get one of their vehicles into the new James Bond picture.  Steve Hall is properly scornful.)    Indeed, AmEx is so sophisticated on this score, they are not even jamming the brand into their own ads.  In the evolutionary order of things, this is pretty remarkable.  More important, it is, from a strategy point of view, exactly on target.

References

Hall, Steve.  Ford pays $14 million for Bond film appearance.  Adrants.  March 3, 2005. here


Oscar advertising: Amex goes to M. Night Shyamalan

Shyamalan_ii

When Peter Sealey, then VP of marketing at the Coca-Cola Company, decided he wanted Coke ads made by big-time Hollywood directors, someone had to tell him that you don’t tell Martin Scorsese to reshoot something because "I can’t see the label."  No, apparently, what you say is, "Thank you, Mr. Scorsece, that was great."

I thought of this during the Oscars when AMEX launched their ad by M. Night Shyamalan.   It’s set in a restaurant.  Shyamalan, playing himself with real cunning and some restraint, sits by himself at a table.  As the camera pans past him we hear a "the joke’s on you" laugh coming from someone who has just glimpsed the possibility the joke’s on them.  This emerging note of panic is a perfect prelude to what follows.

What follows is a mother and son who look alike, a baby carriage that comes to stop before almost motionless couple, and a man who scalds himself with a touch.

The camera finds a couple who doing that thing that couples sometimes do in restaurants: have a humdinger of an argument sotto voce.  It sounds as if the man is saying, furiously, "If I don’t understand a movie, I just stand up and walk out, I don’t care."  Ah.

Then the man begins to choke.  He looks to his wife for help.  She returns his gaze with truck stop malevolence, and then looks across the restaurant at Shyamalan with…complicity, compliance, dull acknowledgment?  We can’t tell. 

A waitress drops a couple of empty glasses from her tray.  People standing around tables suddenly disappear.  We understand that these people must have been ghosts because their departure goes unnoticed. 

A diner engaged in the most banal conversation plucks a fly out of the air with her tongue. 

Then the camera approaches a table with three guys in cowls.  One of them loses his hood as a waitress passes.  When he brings his hand up to replace the hood, we see that his forearm is tattooed with occult symbols. I have no clue what is intended here, but I came to think of these three as the monks of the apocalypse.  I happen to know that this is not the sort of clientele a restaurant normally encourages. 

Then a pretty, young waitress approaches:

"Mr. Shyamalan, I love your movies, I’ve seen every single one of them.  Like in the 6th Sense …"  A deluge ensues including the charming line, "the village, first of all, I love everyone’s shoes…"  Shyamalan ducks away from this witless chatter.  He doesn’t have to look at her.  This is not a conversation.  It’s a recitation…not quite as odd as the other things that have happened here, but something else that’s, well, essentially mysterious.   

Then we here Shyamalan’s voice over: "My life is about finding time to dream, that’s why my card is American Express."  And now we see Shyamalan entering the restaurant.  A flurry of questions arise:  Was this not Shyamalan we saw in the first place?  Was this ad our moment of prescience?  And with his line ringing in our ears, we wonder "is this restaurant a place he will find time to dream?  Are these visions the dreams he looks for, or invasions that keep him from dreaming?  Or is the real problem chatty waitresses?" 

Notice two things.  This ad is riddled with indeterminacy, and in the presence of this indeterminacy, I start making stuff up. 

Indeterminacy used to be a "no-fly" zone in popular culture.  I was actually there when Warren Beatty confronted Robert Altman about the opening moments of McCabe and Mrs. Miller.  Altman wanted all the voices at once.  Beatty wanted one voice at a time.  It was one of those "all voices at once" conversations, I can tell you.  Actually, there was quite a lot of shouting. 

So here we are almost 20 years after Sealey’s reign at the Coca-Cola Company, and things have changed most markedly.  Now American Express reaches out to a director, and the marketing team knows he will make an ad that’s hard to follow.  They give him, um, a blank check with the clear knowledge that he might even make fun of people who get angry when they can’t follow a movie or an ad. 

What happened?  We grew to love indeterminacy, meanings that withhold themselves, ideas that can’t be thought very easily, emotions threatened to damage the instrument of feeling.  Popular culture has moved on.  On Oscar night, for instance, Robert Altman gets a life time achievement award while Warren Beatty settles into a hard earned, well deserved obscurity. 

Marketing, thanks to this kind of work, is perhaps now catching up.  In the words of Diego Scotti, VP of global advertising at AmEx, New York,

Maybe you don’t need to be so loud and obvious to capture consumer attention.  When you go quieter, with longer takes, you break through more. 

They certainly have mine.  If we are sincere when we talk about cocreation, this, clearly, is one of our best methods.  When we unleash indeterminacy, consumers will rush in to make things up, including our messages and our brands.

References

Frook, John Evan.  "Always" Intact Amid Coke Shake.  Variety.  July 22, 1993. here.

Solman, Gregory.  2006.  GM tops at Oscars.  Adweek.  March 6, 2006. here.

Acknowledgments

Thanks to IF and PFSK for the head’s up here.

The Coca-Cola Company goes long tail?

Brands_in_several_languages

This is very big news for marketing.  The Coca-Cola Company (TCCC) may be converting to a "long tail" model marketing. 

Given its pending portfolio of coffee soda, gourmet teas and Godiva drinks, Coca-Cola is expected to expend more time and energy on low-volume, high-margin categories than ever.  (Hein, in Adweek, today, ref. below)

As Hein notes, that TCCC has a history of creating small brands and then losing interest in them.  But it now appears to be acting in earnest, with a slew of new launches, including Coke Blak, Gold Peak Tea, and Godiva Coffee. 

It’s hard for a company like TCCC to supply the long tail.  The corporate mind set is shaped by the sales volume associated with Coca-Cola and Diet Coke.  Anything less looks like a waste of time. 

But the market reeducates us all.  Big brand erosion appears to have persuaded them that a "long tail" approach is now obligatory.  In the words of Caroline Levy, a gifted analyst at UBS, "I believe they understand they have no choice now." 

But here’s the kicker.  There are moments in the Adweek article where it sounds like people inside and outside TCCC universe believe that this the new brands are being driven by nothing so much as the health considerations attached to sugar and carbonation.  This would mean that TCCC would be making the right move for the wrong reason.

Surely, people are moving away from CSD (carbonated soda drinks) but just as clearly, never will be see monolithic brands like Coca-Cola and Diet-Coke rise to take their place.  This is because the market has fragmented, plenitude has exploded, and we will never put Humpty Dumpty together again.  What we are looking at is a long tail market, as Chris Anderson would call it, in which niches exist not because consumers are in flight from old "unhealthy" brands but because their taste and preference is busting out in all directions.

Is TCCC using long tail language?  No, according to Hein, they are multiplying products to speak to various "need states." 

Rather than look at beverages on a category by category basis, Mary Minnick, head of marketing, innovation and strategic growth, has said Coke is looking at how beverages fit into consumers lives. She has described the need states as, "Enjoyment today," "feel good today," and "be well tomorrow." 

I have never been crazy about the "need state" model.  It colonized vast portions of the marketing world, and if it helps a marketer model diversity of taste and preference, that’s all to the good.  But finally, it does not encourage a systematic cartography of the long tail.  If TCCC thinks it is innovating to address a "feel good today" need state, it is prevented from seeing that it is in fact talking to the newly various America.  And this, even more than what counts as acceptable sales volume, is one of the great challenges for TCCC is an era of plenitude.

Will TCCC embrace a long tail model?  In what was perhaps the most expensive "cost saving measure" in the history of the CSD industry, TCCC CEO Douglas Daft some years ago fired the Atlanta marketing team.  This made it difficult for the corporation to practice marketing at the top of its game.  The good news is that Neville Isdell is rebuilding this team.  So one of the necessary conditions of transition is now in place

There is evidence of a robust and leading thinking happening inside the corporation.  The "light it up" campaign shows intelligence and courage TCCC hasn’t exhibit in some time.  (Though even here the results are uneven.  "Haircut" was wonderful.  "Boy kisses girl" was cliched.) 

Let’s cross our fingers and hope that TCCC installs a "long tail" model.

References

Hein, Kenneth.  2006.  Strategy: Coke Seeks Relief (Again) By Scratching The Niche.  Adweek.  March 06, 2006.  here.  (subscription required)

McCracken, Grant. 2006.  Lighting it up at the Coca-Cola Company.  This Blog Sits at … February 17, 2006.  here

Design, marketing and anthropology

Debbie

I will be on the Design Matters with Debbie Millman show today from 3:00-4:00 (eastern standard) on www.business.voiceamerica.com Call in live, toll free: 866-233-7861.

I prepared these briefing notes for myself, things I hope we will talking about:

1) lifestyle design. 

There is an opportunity here and the market has yet to supply.  Most of us have cultivated a diverse portfolio of selves.  We are several people and we will be free and forced to be several more before the game is up. 

Most of us are a "crowded house," many persona, not always on the best of terms.  Some of us are actually more like a motel, with several of the personae that make up personhood are strangers to one another.

Some of these selves are self created, but some are taken from the media market place (movies, novels, games).  I actually learned something about selves I didn’t know lurked within in the final moments of the PC version of Blade Runner.  Some part of me has been shaped by my reverence for certain intellectuals, celebrities, and politicians. 

Some of the selves come from or are at least shaped by lifestyles.  I venture to say the Punk movement shaped all of us, as did, if you’re old enough, the preppie movement.  (Diverse, see.)

But there is plenty more to do here, and part of the problem is that there is no professional to whom this responsibility of lifestyle invention now falls.  So there are two possibilities (roughly speaking): existing design take this on as a new responsibility and a new design professional springs up, peopled, most probably, by Hollywood script writers, novelists, account planners, ad biz creatives and other people who routinely find themselves in the invention game.

I wonder what Debbie and her listeners will say.  Certainly, they can comment on the likelihood of option 1.

2) implications of the supposed "death" of TV advertising.  As more marketing happens on line, in game, and on shelf, what does this mean for design. I think it has to be new emphasize on brand and package design.  In many cases, this will be the only visible part of the brand messages. 

3) how can designers help address the "profusion of choice" problem. 

4) how can designers help still the world.  In a dynamic world, there is new value to be had from clarity and calm.  Designers control the means of production here. 

5) how to build brands that are both responsive and still.  To be brands are coolhunting, when this is only a part of what they need to do to create value.  The perfect brand looks like a sailing ship from the 18th century, with ballast meanings it will carry with it always, cargo that changes with each voyage (campaign, brand manager, or deep trend) and the sails that can be adjusted to pick up every sudden change in consumer taste and preference. 

6) I hope we’ll have a chance to talk about the Honda spot of a couple of years ago that shows a Rube Goldberg cartoon made from Honda parts.  I think we could take this as a piece of design that forswears some of the classic principles of design in order to build a model of a dynamic culture and the operation of emergent properties. 

Hope you can join us. 

References

You can see the Honda spot here.

Experience marketing or identity supply?

Leopard

Yesterday, I was staying at a boutique hotel in Washington, The Topaz. The hotel supplied two dressing gowns. This is pretty standard. What is less standard: the dressing gowns were leopard "skin" and zebra "skin," respectively. There’s nothing subtle about the designs. They are bold, unmistakable, and deeply weird.

Apparently, what happens at the Topaz stays at the Topaz. This little hotel is engaged in "experience marketing" and encouraging visitors to make an ordinary stay more "adventurous" and "exotic."

There’s a theatrical scenario built in to this clothing. Leopards chase, attack and kill Zebras. So you’d want to be careful which dressing gown you put on, I guess. But for those with the courage to wear the gown, there is a little drama waiting to happen, and some couples will find this an inducement for interactions that might not otherwise have occurred to them.

Self discovery is a long standing promise of the creative fields.  It has only recently entered the commercial sector in any serious way.  (Um, maybe this is wrong.)  What is new, surely, is the number of commercial players who offer "identity exploration" is one of their deliverables.  Who are the best players here?  What is the state of the art?  To what extent could this be one of the futures of marketing?

Marketing financial markets: Schwab triumph

Schwab

For a long time, financial services regarded marketing as infra dig, something you did (if you did it) while holding your nose.  But this is changing. 

A friend and former banker, Susan Abbott, wrote to say that Charles Schwab had always been ahead of the marketing game.  And indeed yesterday, I spotted an Schwab ad that read:

"’My house is worth a million’ is not a retirement plan"

Wonderful.  This demonstrates a detailed knowledge of the consumer.  My research tells me this is precisely the way many consumers think about their financial affairs.  The topic is so loaded with mystery and anxiety that if the consumer has a "short form" solution (like "my house is worth a million"), he/she will seize on this as their "plan."  And when there’s talk about a real estate bubble, well, a tremor runs through the consumer, but even this is not enough to make them seize the issue and put things right.

"My house" goes right at this issue.  It goes straight into the consumer.  It finds them where they live.  This is consumer centricity, that great objective of all marketing, so much praised, so rarely accomplished.  "My House" engages in that remarkable way that good research and creative can. 

Props go to Euro RSCG Worldwide-New York (especially Ron Berger and Michael Lee), and to the marketing team at Schwab, (and especially Rebecca Saeger).  It looks as if Schwab did the research.  Plainly Euro RSCG did the creative. 

I wonder if other players in financial services know how good this work is and far they must go to catch up.  As Schwab’s Glen Mathison puts it, "[Most financial services advertising is] filled with images of people on the beach or with their families, and it doesn’t stand out."  Indeed, most financial institutions are still the captives of the kind of thing the CSD industry was doing in the 1950s and early 1960s.  "Happy families" is the rough equivalent of Coke’s "fun in the sun" creative. 

This tells us how steep is the marketing mountain most must now climb. 

I leave for later discussion (or reader comment), the use of "Chuck" instead of Charles Schwab and the use of Waking Life animation in the TV spots.  I am on the fence about "Chuck."  I am  impressed with one of the Waking Life animations (the Asian guy) and a little creeped out by another (the execution for "woman on a chair lift").  Both are vivid, however, and return to memory with a power that "people sitting on the beach" cannot match.

References

Elliott, Stuart.  2005.  A Schwab Campaign Steeped in Personality.  New York Times.  September 27, 2005. 

French, Julie.  2005.  Campaign Close-Up: Charles Schwab. Sales and Marketing.  here.
(This is the source for the Mathison quote.)

McCracken, Grant. 2006. Marketing the Capital Markets.  This Blog Sits At…  February 17, 2006.  here.