This was a fascinating week for social media and disruptive innovation in marketing. Take these 4 stories: Yesterday, eMarketer reported that people all over the world are spending more and more leisure time online, on both a daily and weekly basis. A study by TNS Global found that in 2008, US adults spent 30% of their leisure time on the Internet (in China, that number is actually 44%). In the US, the amount of time …
I believe that marketing — as a function, a profession, and an industry — is experiencing transformational changes and disruptive innovation, driven by the evolving capabilities and culture of the Internet and a new generation of marketing technology software. It is becoming more distributed in execution, more personalized in communications, and more fluid across boundaries inside and outside the firm. Its cycle speed is accelerating, its tactical building blocks are fragmenting — from a few …
Reflections on marketing technology for a New Year Continue Reading »
A colleague of mine recently said her New Year’s resolution is to blog, blog, blog. She’s a busy executive, with little time to spare, and always a hundred other things competing for her attention. But she also knows that active participation in the social media sphere — blogging, Facebook, Twitter, LinkedIn, etc. — is increasingly vital to one’s influence. It’s valuable to one’s employer, who needs genuine personalities as emissaries in the social web landscape, …
A reader recently commented on my semantic advertising post with a great question: exactly how well does semantic advertising do compared with plain old contextual advertising? Can the difference be quantified in a way that’s independently verifiable? It should be. I understand why it’s not today. There are hundreds of advertising networks, each with their own techniques for targeting and placement, locked in frenzied competition in a young market with few barriers to entry, a …
Are the creative capabilities of major advertising agencies really being disrupted by online marketing? Here’s one theory. Clay Christensen, Harvard Business School professor and author of bestselling books such as The Innovator’s Dilemma and The Innovator’s Solution, has a model for disruptive innovation. As a particular type of product or service improves over time, its “performance” — i.e., how powerful it is along a certain dimension of capability that buyers care about — eventually overshoots …
Disruptive innovation in online advertising Continue Reading »
Enterprise marketing management (EMM) software is, to a marketer-technologist such as myself, the Holy Grail of 21st century marketing. Like enterprise resource planning (ERP) for operations, its aim is to provide a holistic, integrated view of an organization’s entire marketing universe — an overarching umbrella that enables everyone from the distributed front-line up to the CMO to manage and optimize hundreds or thousands of parallel marketing initiatives across all of the firm’s channels. It’s a …
Enterprise marketing management and the vastness of online marketing Continue Reading »
