Hughes blog post: Take outs from Marketing Week 2014
Marketing Week was held in Adelaide this week – a week-long conference dedicated to marketing, advertising, public relations and social media. It was fantastic to hear from local and national speakers on a wide range of topics. Hughes PR is a sponsor of Marketing Week and we always enjoy our association with the event.
Here’s a few thoughts and take outs that our team had from sessions they attended:
- When discussing the ‘Challenges of Issues Management in a 24 Hour News Cycle’, it reinforced to me that when you’re in the middle of managing an issue or crisis, social media is both a blessing and a curse. It allows you to communicate quickly and easily with a very broad audience – but it also requires close scrutiny and management to make sure speculation doesn’t outpace the facts.
- I really enjoyed the session featuring Andre Eikmeir from Vinomofo. He talked about his experience starting a business, and I loved his point: know what the business stands for before taking it to market then go for it.
- Dr Phil Harris hosted a session on ‘Neuro Marketing’. He discussed how marketers are able to subconsciously sell to consumers through the use of music, colour and design; explaining the music that we listen to in-store can directly affect our purchasing attitude – fascinating!
- An interesting analogy from the ‘Brand Journalism’ session regarding current content being produced in news media caught my attention: “News is becoming like a child wanting chocolate for dinner, just because the child wants chocolate doesn’t mean we should necessarily give it to them. Of course they want it, but is it what they need”.
- A great point in the ‘Big ideas’ session; organisations need to encourage creative thinking, and never put down someone’s idea even if it doesn’t work – at least they were thinking of ideas. And ideas, right or wrong, create opportunities.
- I enjoyed Jeff Bullas’ insights in to building his profile and blog to where it is today – achieving over 4 million page views per year from 190 countries worldwide. We hear a lot about ‘content being king’ but one of my key take-outs from Jeff’s session was the importance of not only having good content but marketing it in the right way – ‘build it and they will come’ doesn’t apply here.
- I was inspired by the ‘Bringing Big, Brave, Game Changing Ideas to Life’ session and the questions that the panel members suggested considering when developing an idea: Why is this idea useful, what does it stand for, how will people engage with it, and what role will it bring to their lives? As a side, the energy of the panel and the way they bounced off each other was great.
- Darren Whitelaw from Victorian Department of Premier and Cabinet pointed out the exponential growth in social media apps. In 2011 the US Patent Office recorded about 250 apps. In 2014 that figure has reached 4,383 social media apps.
- It was interesting to hear Jeff Bullas citing Coca-Cola’s content marketing approach, which was the 70/20/10 content plan: 70% of the content they create is “low-risk”, 20% of content “innovates off of what works” and the final 10% is “high risk” content.
- Steve Brennen from eBay provided great insight into the future of e-commerce, in particular noting the rise in mobile. While here at Hughes PR we’ve all been taking note of mobile trends, it is fascinating to see how people’s use of mobile is impacting e-commerce marketing.
- At the Marketing Week Community Manager Challenge, the panel of social media community managers were asked how they safeguard against risk. Julie Delaforce’s advice of considering all risks by categorising them as brand risks, user risks and legal risks was a great suggestion for community managers.
- The ‘Brand Journalism and Native Advertising – the new PR?’ event provided some interesting insights from a panel of media experts about the future of paid content. While it’s opening up new revenue streams for media companies, brand journalism looms as a major challenge for editors who need to appropriately distinguish standard editorial from “commercial” content in terms of what stories are pursued, how they’re reported, and what prominence they’re given.