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Summly, Nick D’Aloisio, Bloomberg, Charlie Rose and Yahoo! (And Advertising)

Peter · March 31, 2013 · Leave a Comment

The press take on Nick D’Aloisio and his sale of the news app Summly to Yahoo! for a reported $30,000,000 made big news because he is 17. He has much more going for him than just his age.

Watch this really inspiring interview with Nick on Charlie Rose. One of Nick’s main points is that he built Summly, which has been pulled off the iTunes store while its moved into Yahoo! land, as a tool to summerize the news (and soon more) for the small screen. Nick zeroed in on the insight that people under 25 are mobile-phone centric. They use their phones as their first screen, not the second and he built Summly for his kinsmen.  The idea of phone-as-first-screen is a wonderful disrupter.

And, yes, there is more Nick… Here he is on Bloomberg. This interview is a bit more entertainment oriented.

While you are here, go here to see what I do.

Four Agencies Flock To Detroit To Pitch Cadillac

Peter · March 30, 2013 ·

Really, Could Any Ad Agency Sell Cadillacs? Even To The 55+ers?

Three of the biggest advertising agency holding firms are vying to handle Cadillac’s creative account. Agency execs from a trio of companies –Interpublic Group of Cos., Omnicom Group and Publicis Groupe– flocked to Motor City Thursday to be briefed by General Motors.

Can you imagine the promises of success they are making? What advertising message would get you to bypass Audi or BMW to buy a Caddie?

Read more from the source: Crain’s Detroit Business

Ad Agencies, Please Watch This Video On Brand Positioning

Peter · March 29, 2013 · Leave a Comment

Here is the point on agency positioning I make in my white paper “The 22 Most Valuable Lessons I learned While Running An Advertising Agency“:

Create an ad agency brand positioning that differentiates your agency from your competition.

Right, you’ve heard this one before. More importantly, have a true brand positioning – it’s really a sales proposition — that actively attracts and stimulates interest from the right new clients. This is the important part:

Just trying to find yet another new way to say “digital” or “full-service” agency isn’t good enough – and it’s really difficult to find a new way to say the same old, and generally non-competitive thing.

Instead, it might be time to think through some agency of the future scenarios and new business models that will more effectively get you to that truly distinctive and compelling sales proposition.

It’s a rather important point. But, the crazy bit is that virtually every advertising agency knows this but can’t actually squeak out a truly distinctive positioning. I couldn’t make this point any better than this funny / scary video abut the agency Schlock & Ho. I seem to stumble upon once year but can’t figure out who did it. Do you know?

***

Hello: Agency CEO’s or wannabe CEO’s take me up on my Corleone Offer if you want to grow your agency.

 

AD OF THE DAY: Hilarious Ad For A New Apple Store

Peter · March 29, 2013 ·

Somersby hard cider spoofs the Apple store experience. Cheers to the UK’s Fold7 agency

“In a new U.K. commercial from Somersby Cider, the beverage brand spoofs the Apple Inc. model of retail.

Brilliantly carried out, the ad is made to look like it was filmed at the launch of a new Apple product: fans lined up outside and rush in at the chic store’s opening; product-savvy associates guide enchanted customers through the specs of the beverage; there’s even a punny tagline to build upon the theme — “Less Apps, More Apples.”

Read more from the source: businessinsider.com

Digital Agency Salaries Trending Down

Peter · March 28, 2013 · Leave a Comment

Six figure salaries at digital / interactive agencies are the norm. But, they are trending down. Looks like pay for performance is up. From BusinessInsider…

Every year, the Global Society for Digital Marketing (SoDA), and industry group that represents people who work at online and interactive ad agencies, surveys its members to find out what they earn.

The good news: six-figure salaries are not uncommon in digital adland.

The bad news: top-level compensation declined recently.

SoDA represents 60 digital agencies, including SapientNitro, Huge, and Big Fuel.

The data looks at salaries for CEOs and other managing partners, strategists, planners, and creative directors.

 

Here is one of the key chartsDigital Agency Salary Survey   Business Insider. Six figures is cool, but I would have thought the dollars would be higher. It looks like having more tech savvy execs in the labor pool is driving base salaries down:

 

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