Marketing Commentary
CLICK HERE to view
video about marketing from the Ehrenberg-Bass
Institute
Your Ad
Spending: How much is Just Right?
Randall Beard discusses Ad spending
with reference to Professor Malcolm
Wright’s JAR paper on advertising
budgeting.
Brand In Equity - Making Brand
Equity Work
Randall
Beard comments on a Q&A with Professor
Byron Sharp.
Battle of the Brand Gurus - will BP
fail?
Join
in...do you think BP will fail? Byron Sharp
highlights various viewpoints.
Do brand loyalty,
commitment, engagement metrics
work?
Byron
Sharp is interviewed about brand keys...
The Ultimate form of
target marketing - or maybe
not
Byron
Sharp discusses the ‘myth’ of
target marketing, April 2010
Understanding, Identifying and
Building Distinctive Brand
Assets
Jenni
Romaniuk as a guest expert on
Randall Beard's blog, March
2010
Emotional TV commercials don't need
so much attention
Byron
Sharp disagrees with an article published in
the Journal of Advertising Research
Detroit has a customer acquisition
problem, not a loyalty
problem
Commentary on
Detroit's alleged loyalty problem.
Is there a silver lining to
recession?
Byron Sharp, WARC Online, September 2008
It answers questions like:
- Can I get away with reducing my advertising
spend?
- Is there benefit in maintaining spend?
- Should I lower price? Discount more?
- Are premium new product launches doomed in a
recession?
The 22 Immutable
Laws of Marketing - Violate Them At Your Own
Risk!” by Al Ries and Jack
Trout
Book Review
Net Promoter Score
(NPS) Does Not Predict Growth - it’s
fake science
Cadbury Gorilla
Advertising Gets It Right - at
last
Cadbury’s TV
Commercial featuring the drum playing gorilla
is a wonderful, and now much awarded piece of
creative. But it’s not perfect
advertising by a long shot.
How to
Nudge
When a brand is
successful in gaining market share it shows up
as small changes in buying propensity across
many consumers. Based on this empirical
fact Professor Andrew Ehrenberg described
successful advertising as 'nudging' (in
contrast to persuading or converting).
7 Brand Buying Facts
Fundamental knowledge you need
to know about your buyers
Loyalty patterns of repertoire and
Subscription Markets
In 2002 Byron
Sharp, Malcolm Wright & Gerald Goodhardt
published empirical discovery. Repeat-purchase
markets are polarized into those that show
repertoire patterns and those that show
subscription patterns of loyalty. With no
markets showing ‘in between’
patterns.
They also found that the Dirichlet model of
repeat-purchase fitted both sorts of markets,
predicting brands’ loyalty metrics rather
well. This was a surprise. It highlights what an
achievement this scientific theory is.
Does Advertising only work
via driving Intentions & Preference?
No!
Do TV Commercials need a
USP
The Concept of Brand
Awareness....
... has been
hijacked by poor measures
Media Buyers fail to deliver
reach
Reasons not to
buy...
... is
evaluation over-rated?
Do TV Ads reach DVR
owners?
What marketers really
know.
Are Pay TV channels like
specialist magazines?
Smart Targeting
Every textbook tells marketers
"thou shalt target" with little explanation of
what this really means, and no discussion of the
many problems. Here is a
very blunt summary of
some targeting wisdom.
Hook 'Em while they
are young?...
...How important are young
buyers?
Are older buyers more loyal ?
Read On...
Look at me mum..... the
battle for attention
"If marketing
is seminally about anything, it is about ..
differentiating what you do and how you operate.
All else is derivative of that and only that."
Theodore Levitt 1986
Nope. Ted's wrong.
Read on....
A 5% drop in defections
does not result in 80%+ increase in profits
Dr Byron Sharp exposes the myths
that have built based on a misleading HBR
article.
Read on...
To view marketing commentary from the Institute
Director, Dr Byron Sharp,
click here.