executive-insights-mitch-vr-direct-mail

Now Virtual Reality Can Be Sent Straight To Your Mailbox

When was the last time you got excited about direct mail?

When you think of direct mail you hardly think of something immersive or engrossing, since the experience is most often limited to what you’re seeing in your hand or on a surface in front of you.

However, with a virtual reality (VR) direct mail viewer you can turn every phone into a conversation with your experience right in the middle of it.

So far VR has shown that it can effectively help people visualize the future, spark empathy, grasp more complex concepts, and communicate stories in compelling ways.

For example, VR has the potential to help us become “better people”.

 

When VR direct mail is a good opportunity

I’m regularly tasked with thinking of new marketing experiments to capture value for a new product or business. Often these experiments look at testing marketing channels like email, search engine and social media to help the buyer along the buyer journey.

Direct mail is rarely one of these channels. However, direct mail with virtual reality capabilities has moved into an experiment worth considering if certain conditions are met:

  1. You’re a business with a mailing list that is current and targeted.
  2. You have a high degree of certainty the recipient fits the characteristics of a high probability buyer or influencer like an existing member, employee, donor, etc.
  3. The expected benefit of the experiment is greater than the cost of running the experiment.
  4. The expected benefit = increase in a key metric x probability of success.

 

Expected benefits of VR direct mail

An expected benefit is likely greater in a VR direct mail campaign when aimed further down the funnel like a new purchase, increase size of purchase and/or shortening of the purchase cycle. It could also be targeting referrals or even just retention.

Keep in mind that you’ll likely need to report on what direct mail has long been measured against, like response rates, cost per lead and cost per acquisition, which includes cost per unit plus all the other costs to produce and manage the campaign.

Since VR direct mail is a digital medium, it can provide insights from the analytics that might factor into the expected benefits you seek. Analytics in VR technology is, unsurprisingly, focused primarily on eye-tracking heat maps. An eye heat map data visualization helps to understand where people are most engaged throughout the experience. This data also provides meaningful clues to what viewers might be missing that you originally intended for them to see or spend more time on items you may not deem relevant. It is ideal to do some testing prior to mailing because the data itself can inform you to make better decisions in other marketing efforts.

Some VR campaigns include video so expect standard video analytics to be a part of measuring engagement.

 

Risks to avoid when using VR Direct Mail

New technology often gets sucked into the trap of coming across as gimmicky if not done correctly. It is wise to fully adapt and take advantage of the strengths of the medium. If your work is not contributing to the overall enhancement of the experience, then you shouldn’t use it.

Avoiding the Gimmicky Trap:

  1. VR is not about putting products into alluring 3-D spaces but building an engaging experience.
  2. The idea is not to have someone look at an advertisement for a bit longer than they typically would. The experience should be exploratory. The user should be in control of the experience, not the advertiser.

 

Suggested campaign types

Keeping the buying process in mind, here are some suggestions on what to consider when creating, not only an exciting experience, but a meaningful expected benefit for your first VR direct mail campaign.

  1. Interactive Tours — Let your customers choose their own adventure while their data tells you how to plan your roadmap.
  2. VR Post Cards in Giftshops — Your special exhibits can be brought home to share and cherish as collectible designs.
  3. Supercharged Showroom — Customers can look under the hood with just a glance and schedule a test drive before the dealer even opens.
  4. 3D Model Previews — Invite your VIPs to the grand opening and let them pre-order your reserve stock.
  5. Contextual Surveys — Know what your customers really want so you can offer incentives that truly make an impact.
  6. Attention Research — Learning what draws your audience’s eyes during a screening let’s you change the story before it ever goes to market.
  7. Mass Customization — Speak to every fan through custom covers and original content synced to each card.
  8. Event Updates — If your customers already have a VR Card, keep the conversation going with fresh content and incentives before the big day.

 

Hands on examples of how VR can win over an audience

Virtual reality can help you communicate “a day in the life” experience in a very effective way. Here are two examples:

  1. Planned Parenthood created a VR film ‘Across the Line’ to effectively communicate “the experience of verbal harassment the organization’s employees and patients routinely endure on the way to a clinic’s front door.”
  2. The Golden State Warriors pitched Kevin Durant with a VR tour of the team’s practice facility and new stadium.

 

Where to go from here

If you are on a tight budget you could look to VR direct mail to deliver a meaningful impact. Consider all campaign types and review the optimal conditions listed above to determine if you’re in a good position to pitch this type of campaign in a future marketing experiment.

Best of luck!

 

 

Interested in learning more about virtual reality? Take a look at the VR AR industry from inside.com which recently included this handy summary on the future of VR.

By 2020 there will be around 42 million VR headsets globally and this will revolutionize the business world, from making hardware type televisions obsolete to letting people attend live concerts from their living rooms. – THE DRUM

 

 

Mitchell Posada, Founder & Senior Product Consultant of LeanStart.io

Mitchell Posada runs a CMO as A Service consulting firm LeanStart.io focused on scaling tech-enabled businesses. Mitch has spent most of his career launching digital products and helping businesses leverage technology and process innovation to transform brands and increase ROI. Mitch is known for his Product and Growth strategy and execution consulting to dozens of start-ups in mobile, IoT, digital marketplaces, and sports. Mitch is currently a mentor at 2112inc.com, MatterChicago.com, 1871.com, Super G Accelerator, and Xberts.com. Formerly VP of Marketing at PathfinderSoftware.com, a healthcare software development company. Prior experience with large enterprise includes DHL WorldWide, WellsFargo, Best Buy, AdMob/Google, Humana, Nestle, HP, and IDT Telecom.  Mitch earned his M.B.A. from the Haas School of Business at U.C. Berkeley.

 

 

 


executive-insights-alexandra-thielke-cannes-lions

Cannes Lions 2016: Creative Collaboration, Virtual Reality and 360 Video Were All Hot Topics At This Year’s Festivity

With: Alexandra Thielke, Co-Founder of Twentyfive & Thirty

After this year’s installment of Cannes Lions, we had the pleasure to do a 1-on-1 interview with the co-founder of “world-traveling” agency Twentyfive & Thirty, Alexandra Thielke. Haven’t heard of the 2-person creative agency? Check out their feature in AdWeek!

 

Here’s the scoop:

Was this your first time at Cannes Lions? Would you agree that this festival is the most rewarding annual event creative professionals can attend?

“This was our 3rd time at Cannes Lions. This is definitely an inspiring event to attend for all creative professionals. This event sets the tone of what is trending and what will be the tendencies in the year to come. So many inspiring people are gathered to share and discuss their point of view of the creative industry. We believe that this is one of the most educating events you can possibly attend.”

 

In 3 words, please describe this year’s festival.

“International. Inspiring. Rosé.”

 

Major brands like Burger King and John Lewis brought home the Lions Grand Prix. Out of all participating campaigns, which one stood out to you the most?

The Swedish number – A campaign created for the Swedish Tourist Association, where they made a number anyone in the world can call to ask about Sweden, which will be connected to any random Swede who have signed up to participate and represent their native country.”

“Breast cancer awareness – The Manboobs campaign takes on social media censorship of female breasts by demonstrating how to do a breast self-exam using a man. We just thought it was so well made, clever and hilarious!”

 

What was the overarching topical theme at this year’s festival? What was the buzz?

“Virtual reality and 360 video was to be found everywhere – It is really taking off! Passion that beats talent, and the collaboration between agencies and clients was a strong topic at this year’s festival as well”

 

Cannes Lions always attracts a plethora of celebrities. From Will Smith to Martha Stewart. Would you say that any of this year’s keynote speakers managed to capture what branding and creativity means today?

“Absolutely. One of our favorites was Will Smith. Besides his amazing ability to capture his audience and set a relaxed “down to earth” mood, he had some really good points on how to manage a brand and how social media has changed the entire ball game. One of his main points was the change in running a company, and the increased expectancy of full transparency where companies these days are forced to be completely honest and create good wholesome products. If they don’t, their flaws run the risk of being spread across social media in no time.”

 

What was the most extravagant occurrence during the festival? Any helicopter entrances or outdoor cirque du soleil performances?

“Our most extraordinary experience was delivered by SNASK who made their talk dressed as a rock band. They just look cool and make great work.”

 

Lastly, what are the thoughts and ideas you will bring back with you to your creative agency?

“We found the subject on collaboration between agency and client very interesting. We had many discussions about this and how relationships need to change to be more honest and close. There were definitely points that support the way we want to – and already work. Especially the thoughts on working “as a team” instead of accepting the traditional client – supplier relationship.”

“The possibilities with Facebook live and 360 video was also very inspiring and is something that we were already looking into before, but now something we will be looking even closer to get involved in. It is clear that advertising is changing from “making ads” to “solving problems”. As creatives, this is something we maintain a strong focus on so it was very inspiring to see and seeing what others are doing gave us tons of inspiration.”

 

 

 

Alexandra Thielke, Co-Founder & Strategic Planner of Twentyfive & Thirty

Twentyfive & Thirty is the world’s smallest global creative agency set out to challenge the way traditional ad agencies work while fulfilling a dream of traveling the world. It is an agency without a fixed address, without fixed work hours but with the flexibility to work whenever they are needed, wherever they want, and with clients from all over the world. This means they often work with their clients without ever meeting them in person.

 



executive-insights-peter-collins

A New Way to TV: How OTT is Enabling the Democratization of Television

By: Colin Petrie-Norris, CEO of Xumo

As well-adjusted adults, we may have learned to suppress our self-indulgent tendencies in favor of social etiquette, but that doesn’t mean the inner voice demanding instant gratification is ever truly silenced. I don’t know about you, but my inner voice sounds remarkably like Queen:

 

“I want it all.

I want it all.

I want it all.

And I want it now!”

 

The time has come to take these words to heart.

 

“On-demand” (as it relates to products and services) is something that has characterized the last couple of decades, but the truth is, we—as a consumer culture—have always desired and championed on-demand access to the various things we consume. This is why disruptive tech and business models like Amazon Prime and Uber are so successful. Today’s connected consumers know exactly what they want, when they want it, and where to get it—and successful brands are the ones that are able to deliver on all counts. This intersection of technology and an on-demand culture represents a great shift in how brands win customers. The customer experience is paramount, and convenience is the name of the game—and this attitude is changing the parameters of success across all industries.

 

The television industry is no exception. Not only do people watch less TV than they used to, cable companies are raising prices in a desperate attempt to offset demand, pushing viewers even further away. Still, TV revenue is expected to grow by five percent until 2017. Why, despite lower viewership, is TV still likely to come out a winner? Because consumers’ appetite for unique engaging content is increasing and digital services are picking up the slack that traditional multichannel video programming distributors (i.e. cable and satellite providers) are leaving behind. In fact, eMarketer estimates that 93.7 percent of millennial Internet users will watch digital video content in 2016, a number that is expected to grow as digital content becomes more relevant and accessible.

 

In response to this upswing in interest for on-demand content, major players in the publishing sphere are stepping up their digital video presence and increasing production on the kinds of content viewers want to consume. Hugely popular digital brands like Buzzfeed, Vogue, and GQ now have channels that are accessible directly on TVs, with no cable bill required. This content extends beyond movies and traditionally formatted shows, and encompasses everything from news, podcasts, educational videos, and more—all of which can be viewed on connected TVs, on demand, and across devices with seamless viewing experiences.

 

So what’s making this new way to TV possible? The answer is OTT (over-the-top) services that are surfacing content that more and more people actually want to watch and making it easily accessible all in one go. It’s estimated that 72.1 percent of US Internet users will use OTT video services by 2019 (nearing saturation of the market), indicating a dramatic new direction for television as we know it. Indeed, consumers are no longer bound by (or bundled into paying for) the programs and schedules mandated by cable and satellite providers. Instead, they’re gravitating towards technology that enables them to access the exact types of content they want, when and how they want to view it. This is the reason that cord-cutting attrition more than doubled in 2015, netting pay-TV companies a loss of 385,000 subscribers—and it also explains why Internet-connected TV ownership saw a 14 percent surge between 2014 and 2015.

 

The Digital Age has granted each of us greater access to information and insights into pretty much everything we could ever want, which provides us with valuable leverage against competing brands; those that can’t give individual consumers more of what they want will lose out to brands that can. The new era of TV is a perfect example. Instead of being stuck watching and paying for content that isn’t relevant, technology is helping to create platforms that are united for the purpose of delivering the best experience for each individual consumer. These collaborative partnerships help both brands and consumers get a step closer to the promise of “I want it now.” It is definitely an exciting time for the empowering Freddie Mercury voice in all of us and it means that instead of resentfully paying for a bunch of programs and services we don’t care about, we can all sit back, relax, and be free to TV any way we want.

 

Colin Petrie-Norris_CEO Xumo

Colin Petrie-Norris, CEO of Xumo

As CEO of Xumo, Colin believes that getting content to television needs to be democratized. He has successfully partnered with the world’s largest television manufacturers to revolutionize the way TVs are programmed. With traditional Linear TV viewership declining, he recognized the need to change things up. As a result, he spearheaded an initiative that combined Linear TV with over-the-top (OTT) content creating a viewing experience that put content and the viewer first. Colin has led a team of engineers to create Xumo, an intelligent and intuitive application that seamlessly integrates with Smart TVs, smartphones, tablets and desktops. Colin has also demonstrated expertise in content development by successfully brokering several relationships with Digital Networks, Traditional Media Brands, multi-channel networks and individual Makers to make the most sought after digital content available through Xumo—streamable on any device. His extensive background in establishing and building worldwide advertising networks has afforded him insider knowledge on how to best monetize digital content that is then passed along to each partner. To learn more about Xumo and Colin’s plans for the company, visit www.xumo.com.

 

 

 

 

Photo Source: Gable Denims

 


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Marketing Round-Up – Q1 2016

Our clients have started 2016 strong by fielding numerous compelling features across different types of big media! Take a look at 2 of our clients’ stellar starts to this year.

 

Ticketbis

Mashable – Olympics Ticket Sales Fall Off A Cliff in Wake of Zika Virus

UPROXX –  The Zika Virus Is Wreaking Havoc On Brazilian Tourism And The 2016 Olympics

About.com – Super Bowl 50: Record Ticket Prices & Increased International Interest

WebInTravel – New Partners For Klook Travel, Ticketbis Launches in The U.S and More Countries Added For TripAdvisor Instant Booking

 

eZanga

Forbes – How Can Small Businesses Use Snapchat?

QZ – Music Streaming Has A Nearly Undetectable Fraud Problem

AdWeek – How Do Consumers Really Feel About Advertising?

MediaPost – Ads On Social Media Inspire A Variety Of Consumer Response

 

 

 

 


Ticketbis sells soccer to America

Ticketbis Sells Soccer to America

Americans love for sports should come as no surprise. Football, baseball and basketball have reigned as the country’s most beloved sporting events and have done so for decades. While these sports will forever be a staple in American culture, recently a new contender has peaked the interest of millions.

Raking in tens of billions in global revenue every year, soccer has long been the world’s most popular and profitable sport. In the United States, the global sport has previously been dismissed as a game for soccer moms and kids – that is, until recently. Ticketbis, an international secondary ticketing platform, recently released a report on soccer tourism that measured international purchases to European league matches. The “Goalnomics” report revealed that a staggering 60 percent of purchases for Premiere League matches were made by Americans. (La Liga followed second with 26 percent of American purchases)

The new found data from the Goalnomics report was so fascinating that we had to spread the news. See what Brian Blickenstaff at Vice Sports had to say about the data from our clients at Ticketbis.



5 Golden Rules to Master Media Relations

Five Golden Rules to Master Media Relations

Developing a productive relationship with the media is tough. I have witnessed both publicists and founders go into a complete meltdown over their efforts. In recent years, it has become more difficult to receive media placements thanks to shrinking newsrooms and overwhelmed journalists. However, when done correctly, a media placement can be more effective than any advertising, social media and marketing efforts combined.

To ensure that your story is told by the media, here are the five golden rules of media relations:

  • Build a targeted media list. Building a media list can be extremely time consuming, but it is one of the most important processes in beginning the outreach process. Communications professionals often rely on software to build media lists; however, to really zero in on media relevant to your company, nothing replaces Google News. Search for your competitors to see if journalists found their stories intriguing and pay attention to the coverage they are receiving. Are they releasing data, company culture news or raising funding? These are the journalists you should be targeting as well.

  • Research, research, research. Now that you’ve spent hours building a media list, it’s time to research the hell out of these journalists. Not only should you be reading over their most recent articles, but you should also check out their social media profiles and read their bios.

    Reading every article a journalist has penned can be extremely time consuming. As a general rule of thumb, read three articles to completion, then peruse their headlines to get a feel for what they cover.

    When reading the journalists’ work, take note of the tone in which they write. Are they dry and factually driven? Do they write with a sense of humor? You’ll want to use this information and match their tone when you reach out to them.

  • Focus on the relationship, not the pitch. The No. 1 mistake people make when pitching the media is treating them like they are robots. Journalists are real people — do not be afraid to have a personality when reaching out to them. Before sending journalists a story idea, reach out and introduce yourself and your business, and ask if they would be interested in receiving updates on the company’s achievements. Also ask if they are in need of any information for pieces they are working on. Always remember that media relations is not the same as advertising. Just like in every other relationship in life, it is give and take.

  • Prepare and be prompt
    Nothing will put you on a journalist’s shit list faster than not being prepared or timely. As I stated earlier, journalists are extremely busy people with strict deadlines. If they are doing you the courtesy of including your company in an upcoming piece, you need to respond promptly and have all information readily available. What information, you ask? Have ready any quotes, pictures of your work and employees, a media kit and any other information the journalist may need. Also, you should always be available to hop on a call with the journalist. No matter how busy your day may be, making the time for an urgent 15-minute phone call can mean the difference between a syndicated article in Forbes and praying that people read your company news on your blog.

  • Be prepared to follow up. Sometimes a media list was perfectly fleshed out, you did great research and you crafted the perfect pitch, but you won’t get a response. Chances are the journalist’s inbox was inundated and they just didn’t see your email. Always follow up after a week of pitching to see if the journalist had a chance to read your email. You’d be surprised how many times I’ve scored a placement after following up with a journalist. Just like you, they can miss emails.

While much of what we read is inherently newsworthy or based on daily events, journalists and reporters also heavily rely on news tips and other information. Having the ability to deliver a good pitch and build strong relationships with the media can go a long way when sharing your news. With these tips in your media relations pocket, you will be better prepared to position your company and form long-lasting relationships with members of the media. 


In the Age of Content Overload Simplicity Stands Out

The notorious adage “Keep It Simple and Sweet” or “KISS” is explained in relation to marketing campaigns within Charles Grieser’s article, “In the Age of Content Overload Simplicity Stands Out”. Charles, Creative Director at Emerging Insider Communications, champions simplicity when marketing to America’s endemic short attention span.  Charles offers minimalism and relevancy as cures for today’s overpopulated and oversaturated data market.

In order to strike an emotional chord with consumers, businesses should focus on crafting a simplistic design of the product or service being marketed.  Similarly, on the content side of a campaign, relevancy is imperative for the success of the product or service.  It is important for businesses to realize that these two strategies must be applied in tandem in order to create a successful marketing campaign. In Charles words, “The ultimate goal in all of this is to pull simple content and design together into one package. There is no way to separate a good design from attention-grabbing written content — they go hand-in-hand. If one doesn’t work, the package as a whole fails to deliver.”

To check out the full article, visit TalentZoo at http://www.talentzoo.com/news/In-the-Age-of-Content-Overload,-Simplicity-Stands-Out/19360.html


Ten Predictions for the Future of TV

The ways in which we experience TV are constantly evolving.  Though recent changes within the TV industry are not comparable to the shift from black-and-white to color, they are nonetheless important.  Zachary Weiner, CEO of Emerging Insider Communications, outlines the future of TV technology in “Ten Predictions for the Future of TV”.  Zach’s article is separated into two influencers in TV technology: changing consumer behaviors and changing technologies.   Gone are the days where the physical TV box was the only platform for video engagement.  With the powering of HTML 5 capabilities on consumers’ phones and tablets, video will be consumed from any platform, at any time.  Social TV is a prime exemplar of shifting prosumer engagement, with consumers actively curating a deeper social network and innovating communication between media platforms. In the second section, Zach discusses the future trends in TV technology and predicates that user-experience demands will decide which technologies become mainstream and which fall short.  Another interesting trend that is poised to become massively important is the use of big data for recommendations, ad preferences and the enhancement of viewer engagement.    Zach’s article emphasizes the inseparability of consumer TV habits and emerging TV technologies.  This is important for TV technology companies because the proposition will affect how TV technologies are marketed. To read more about Zachary Weiner’s predictions in the TV technology industry, visit http://www.imediaconnection.com/content/35972.asp#multiview