Showing posts with label algorithm. Show all posts
Showing posts with label algorithm. Show all posts

Monday, 16 December 2024

Just. Slop. I mean Stop.

 


I’m not sure how many predictions reports I can bear to read this year, but I started with WFA as it seems mercifully short. 

Under the heading of “Back to Fundamentals. Again.” came this thought from a WFA member at a recent CMO forum in Toronto:

So many of us are looking at the same Gen AI tools that we’re all doing the same thing and expecting different outcomes.

Well, yes. Alongside using the same Growth Flywheel template, Customer Journey template and all the other formats, templates and other paint-by-numbers gubbins. 

The big brands started their “show and tell, we’ve been playing with AI” kick some time ago, but as a LinkedIn friend of mine pointed out no-one is interested any more. 

And now the butcher, baker and candlestick maker on the corner (and the local nail studio) will be getting in on the act. 

Welcome to the Slop-o-verse. The Multi-coloured Slop Shop.

Maybe for my own part, I should stop with the negative blog posts about this stuff and try and find something a touch more worthwhile.

Friday, 11 October 2024

And the brands played on

 

ideo.com

It all started at the end of summer. It must have been this story that sowed the seed - the much-shared latter-day Cautionary Tale of Nike. Massimo Giunco posted Nike: An Epic Saga of Value Destruction - I echoed the thoughts of many, muddled in with my own ...

 

Sacrifice human relationships, specialist knowledge, experience, informed judgement and insight - from employees to suppliers to customers to shoppers - on the altar of "data-driven”. This is a sad tale, brilliantly written (“a cannibal ecosytem”, “... less effective but easier to be measured vs. something that was more effective but less easy to be measured ...”). But not without hope that one of the greatest brands of our time can survive this self-inflicted malady


Hot on Nike’s heels, this came along - an article by Anders Indset on the theme of Marketing is dead - long live Marketing! The author starts by reflecting back to the glory days of German ad agencies in the early 2000s (a nice little nostalgia trip for me). And then, how brands faded into the background as years of CpCs, click-marketing, Customer Journeys and search optimisation took over. But, he concludes: The world of platforms and click-optimisation has reached its logical endpoint. When everyone’s on the stage, no-one watches any more.

 

So, what now, in the age of ChatGPT and LLMs? Anders hails a return to the good old marketing of Kotler and Aaker - investing in brands, the 4Ps, good ideas. I’m definitely all for this, and will even forgive Anders his rather bizarre inclusion of the “American” Kevin Roberts and his Lovemarks amongst the marketing and advertising greats.

 

The next thoughts that flitted into my consciousness were those of Paul Worthington of invencion, on Quantitative Destruction and The Efficiency DelusionIn these articles, he writes of “quantitative myopia” - a dangerous and arrogant myopia that ignores complex reality while focusing intently on a simplistic, quantitatively measureable model, which they believe represents everything that matters.

 

The “they” in all this, the quantitative myopics, are the executives rising to the top of companies. Nike is one example. Starbucks is another losing value in its aim to become a closed-system, “category of one”, where it doesn’t matter if customers have a rotten experience as they have no choice.

 

Meanwhile, all this is exacerbated by marketing budget cuts and “having to do more with less.” Anything to do with the customer - marketing, experience, branding - is now on a very thin shoestring.

 

All of this is opinion, of course. So I’ll bring in some data. I'm not against data. But it doesn’t drive me. Or even inform me - only humans do that. The 2024 McKinsey report on the state of Marketing in Germany is called Back to the FutureWhat are the big topics close to the hearts of Germany’s marketers in 2024? AI? Marketing ROI? Yes, these are important, but they don’t make the top three most important. And these represent a return to the core competencies of marketing:

1. Creative content - a renaissance of originality

2. Brand-building

3. Authenticity - in word and deed.

 

The evidence reels in thick and fast - the brands are back in town. System1 have recently demonstrated how creative consistency (which doesn’t mean matching luggage, by the way) leads to creative quality, stronger brands and greater profits.

 

Which brings me right up-to-date with Interbrand and The Best Global Brands 2024celebrating its 25th anniversary. There’s plenty to celebrate, but also a warning or two: performance marketing tactics can drive short-term financial gains, but an increasingly short-term mindset has cost the world’s most valuable brands significantly.

 

Interbrand’s advice is good - look behind the clever-cleverness of this phrase: the fastest-growing companies are not branding their businesses - they’re businessing their brand.

 

So, there we are. Branding being back in business is in the air. I expect the quantitative myopics would explain all this through a mixture of the algorithm, the Extrawurst echo chamber and she-would-say-that-wouldn’t-she. 

 

But I prefer to put it down to synchronicity.

Thursday, 23 May 2024

LinkedOut


 A German network pal of mine recently asked what gets people’s goat about LinkedIn, for a talk he was preparing. Although he called it a rant. 

Replies (in no particular order) included: toxic positivity and enthusiasm, humblebrags, Simon Sinek, “Great Leaders do ....”, banal everyday experiences dressed up as profound insights “My cat was sick in the kitchen today. Here’s what I learned”, or once-in-a-lifetime experiences dressed down as business tricks “I proposed to my girlfriend this weekend - here’s what it taught me about B2B sales”, being scammed - yes, you ghastly creatures that want your grubby hands on my pension, woe-is-me victim stories, self-righteous virtue-signalling posturing, AI-generated and AI-stolen bullshit content, a general lack of lightness all around ...

Phew. I recognised most of it, along with the cultish nature of the site as described here by Coco Khan. She bemoans that the site now has its own language - no surprises there as it’s all prompts and AI. It takes a bit of effort, but I refuse to sound like a 5-year old at a party with a bouncy castle and a clown ("super-excited and thrilled!”), to “reach out”, to blab on about authenticity and vulnerability or read posts that hundreds or thousands have already liked.

What made me sad was Coco’s description of her friend whose experience is rich and diverse, yet doesn’t fit neatly into the boxes of LinkedIn. Know the feeling. And she puts it well when she says: “It’s shifting how we see our accomplishments, what we assign value to and what we don’t.” 

I am not a brand, I am a free woman. Or something. 

But, as a freelancer I’m stuck with it. Sort of at its mercy.

I’ll play the game up to a point. But I’m happy to be LinkedOut when it comes to real life.

My German pal, who’s smarter than me with this sort of stuff advised doing some proactive culling to get the algorithm working more in my direction. And it was strangely satisfying.