Identifying the right places for friction and removing it elsewhere is the difference between sparking a fire and slowing all progress to a halt.
It was Shakespeare's Hamlet who once opined that the barrier to his own suicide was tied to death delivering him into sleep where his own dreams might be his salvation; thus, creating "the rub" whereby his easy out became a difficult destination.
In the media business, many an idea or opportunity has died the death of barriers and limits. Great creative, the most strategic of media plans, and even brilliant products themselves have all met their maker because the resistance (or friction) was simply too much to endure.
In this business and also in life, in general, friction is the enemy. It slows us down as marketers and consumers. It gives us a reason to stop forward progress and/or look for an alternate path. In a marketing sense, the friction we must avoid comes in many forms, including the three described below.
Show me a man with time on his hands and I'll show you a man who just hit the Powerball lottery. Short of that it seems no one, regardless of walk of life, ever has enough time. Consumers in the current age of digital want value and access, but above all else they want solutions that give them what they lack most - time. For brands to truly become trusted solutions and resources, the equation has changed. Low, low prices will only go so far. Now, brands have to think about their marketing as utility delivering value to consumers. Social media as customer service extension/replacement and apps/in-store technological support as information support are good starts. With the rise of "content newsrooms," brands are suddenly finding themselves in a position where what they choose to say must be rooted in the value it can provide to their current and would-be customers. To do this, the mindset shift requires that brands think in terms of providing solutions to problems, removing the friction of education, and purchasing to create new evangelists who see the brand as solution provider rather than just a product producer.
There are more than 47,000 miles of interstate highways in the U.S. The construction of this paved network has been called the largest public works project known to man since the pyramids were constructed, and it was done for the low, low price of $425 billion. For anyone who will take to one of these roads for vacation this summer, you will gain the firsthand understanding that the network is always under repair. But "Construction Ahead" signs are not just reserved for the highway. In fact, there are probably more of them inside agencies and media companies than one could count. The fact is, as devices evolve and emerge, consumer usage changes and new platforms are created to target these shifts. As such, an entirely new infrastructure is required. Tech stack strategies (buy, build, partner) have become a key consideration that will only grow in importance. Ultimately, the reduction in manpower spent collecting and processing data to inform more intelligent buying and give order to the chaos will create a network that more closely resembles the yellow brick road than the broken cobblestones it does at present.
Ask 10 marketers the biggest challenge to their business and, while you are likely to get 10 answers, in each of the responses will be some form of a desire to become more agile as a brand. The next big idea is tantalizingly close for many, and what is stopping them is not the idea itself, but the execution. Organizations built sturdy internal groups, derided now as silos, to execute specific tasks such as marketing, IT, and finance, and while they work well in isolation, they have been measured and recognized for that very behavior over the collective impact. Now, both brands and agencies are shifting the thinking to structures that utilize words like holistic and integrated. The thinking being that with alignment comes cohesion and productivity. The approach also removes friction of conflicting agendas and reporting lines into a singularly-focused organization. Apple, for example, has one P&L for the entire organization.
Friction is force resisting the relative motion of solid surfaces, fluid layers, and material elements sliding against each other. It is not, even by definition, a negative. But, in the business context, when opposing sides weight against each other with great effort it can be a barrier. And therein lies the rub. Friction can be incredibly productive to create energy and advance causes, and yet it is often the limitation of progress. Identifying the right places for friction and removing it elsewhere is the difference between sparking a fire and slowing all progress to a halt.
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Chris Copeland is chief executive officer of GroupM Next, the forward-looking media innovation unit of GroupM. Chris is responsible for curating and communicating insight-focused media solutions across established and emerging platforms. Leveraging his multi-year experience with emerging media companies, Chris is tasked with stewarding GroupM Next in partnership with agency leadership from GroupM's four media marketing and marketing service agencies (Maxus, MEC, MediaCom, and Mindshare). The focus is participating with those companies leading changes that most impact consumer media consumption, brand favorability, and purchase behavior.
Guiding the Predictive Insights, Technology, Research, and Communications teams at GroupM Next, Chris is responsible for overseeing the amplification of insights into opportunities that directly benefit the business of GroupM agencies and their clients. GroupM is the world's largest media investment management group and the media holding arm of WPP. Together, GroupM agencies represent almost $30 billion in overall North American billings (RECMA).
Chris helped guide the development of GroupM Next, which was established to deliver the best thinking and new insights from within the GroupM community. The unit also focuses on technology innovation connecting all media channels, but especially, online, social, mobile, and addressable.
Chris was selected to lead GroupM Next after nine years of leading the search marketing practice within GroupM. Among his accomplishments are the development and integration of the global search marketing offering for GroupM agencies, GroupM Search, which managed $1.3 billion in search billings globally and grew to more than 1,000 search marketing strategists serving 40 countries. In 2009, Chris created the research division of GroupM Search and developed research studies that deepened the understanding of consumer behavior across search and social media for leading brands and garnered global traction - most notably: The Influenced: Social Media, Search, and the Interplay of Consideration and Consumption; The Virtuous Circle: The Role of Social Media in the Purchase Pathway;and From Intent to In-Store: Search's Role in the New Retail Shopper Profile.
Chris entered the digital industry in 1996 when he joined search marketing agency WGI (later acquired by Tempus Group). He has been with the WPP and GroupM family of companies since 2000 when, recognizing search as an emerging media channel with incredible potential for brands, WPP acquired Tempus Group and CIA, and ultimately rebranded the search marketing agency as Outrider. As senior partner and managing director of Outrider, Chris delivered on GroupM's vision for the channel, leading the organization to 500 percent growth with global presence over five years, and establishing award-winning search marketing strategies that have become industry-wide best practices. In 2002, Chris successfully implemented the integration of search into the cross-channel media planning process at MEC, creating the first search marketing practice to sit within a media communications and planning company. In 2007, he guided the business expansion of search marketing practices into all GroupM agencies. In 2009, Chris was named CEO of GroupM Search, where he was responsible for driving global search strategy for the organization, while fostering the innovative application of search as an integrated channel. In his role, Chris also provided digital strategy counsel for clients, including AT&T, Dell, Audi, Volkswagen, and more.
Chris is an active member on advisory boards at the 4A's, Google, Yahoo, MSN, and I-COM. He is a frequent speaker in global forums discussing the digital marketplace and how the space is evolving, and serves as a regular resource to national and industry press. Chris contributes editorial commentary regularly to Advertising Age, ClickZ, MediaPost, and MediaBizBloggers.com. In fall 2013, Chris was honored as an inductee into the ClickZ Digital Hall of Fame.
Hong Kong, May 5-6, 2015
Gartner Magic Quadrant for Digital Commerce
This Magic Quadrant examines leading digital commerce platforms that enable organizations to build digital commerce sites. These commerce platforms facilitate purchasing transactions over the Web, and support the creation and continuing development of an online relationship with a consumer.
Paid Search in the Mobile Era
Google reports that paid search ads are currently driving 40+ million calls per month. Cost per click is increasing, paid search budgets are growing, and mobile continues to dominate. It's time to revamp old search strategies, reimagine stale best practices, and add new layers data to your analytics.
May 6, 2015
12:00pm ET/9:00am PT