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Mi3 Audio Edition

Mi3 Audio Edition

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A weekly wrap of the “must-know” developments in Marketing, Media, Agency and Technology for leaders and emerging leaders in the industry. Veteran industry journalist and Mi3 Executive Editor Paul McIntyre talks each week with guest markete

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Season 1


Retail media meets ‘mobility media’: Uber ads global chief says Australia powering as Uber Ride brand ads drive hard sales via Uber Eats app – but funnel collapse pushes ‘brand-formance’ trend to the fore - and 3% CTRs don’t come cheap

Uber’s ads business is starting to scale and its New York-based boss Michael Akkerman says Australia – one of its best performing markets, with a rapidly growing sales operation – will see the next wave of new formats first. He’s touting retail media meets “mobility media” and a collapsed funnel “brand-formance” model - brand and performance marketing in a single execution. A younger, richer set exposed to an Uber Ride brand ad is driving hard sales via Uber Eats with verified "closed loop” attribution. Akkerman was in Sydney last week wooing “hundreds” of agency execs and rattling off big numbers. Coke’s gamified ads in the ride business got a tonne of new customers and orders via Eats. Absolute Vodka got a 28 per cent sales increase, HSBC likewise a major uplift – and they are coming back for more. Akkerman says the delineation of brand and performance is a false construct. The purpose of brand is ultimately to drive longer-term sales, but put a call to action – a performance element on a brand ad – and a percentage of people will immediately go and buy. People don’t think ‘brand versus demand’, he says, only marketers. But Akkerman reckons that is shifting rapidly in a fast fulfilment world. Just don’t ask Uber for “cheap eyeballs” and rock-bottom rates: “We can seek affordability … but to me it is about return on ad spend.” Whether procurement departments agree remains to be seen. But Akkerman suggests advertisers get what they pay for. He’s claiming Uber ads deliver much higher click through rates, circa 3 per cent versus the “0.000x per cent” brands would be “lucky” to get on other platforms, and is fraud free, because “bots don’t hail cars”. Meanwhile it’s privacy compliant – because everyone has signed up and linked their credit cards. Plus advertisers are connected with “actual humans, not digital representations.” Hence why Uber’s bullish on hitting a billion dollar ad business very soon – if it hasn’t already.

Retail media meets ‘mobility media’: Uber ads global chief says Australia powering as Uber Ride brand ads drive hard sales via Uber Eats app – but funnel collapse pushes ‘brand-formance’ trend to the fore - and 3% CTRs don’t come cheap

Uber’s ads business is starting to scale and its New York-based boss Michael Akkerman says Australia – one of its best performing markets, with a rapidly growing sales operation – will see the next wave of new formats first. He’s touting retail media meets “mobility media” and a collapsed funnel “brand-formance” model - brand and performance marketing in a single execution. A younger, richer set exposed to an Uber Ride brand ad is driving hard sales via Uber Eats with verified "closed loop” attribution. Akkerman was in Sydney last week wooing “hundreds” of agency execs and rattling off big numbers. Coke’s gamified ads in the ride business got a tonne of new customers and orders via Eats. Absolute Vodka got a 28 per cent sales increase, HSBC likewise a major uplift – and they are coming back for more. Akkerman says the delineation of brand and performance is a false construct. The purpose of brand is ultimately to drive longer-term sales, but put a call to action – a performance element on a brand ad – and a percentage of people will immediately go and buy. People don’t think ‘brand versus demand’, he says, only marketers. But Akkerman reckons that is shifting rapidly in a fast fulfilment world. Just don’t ask Uber for “cheap eyeballs” and rock-bottom rates: “We can seek affordability … but to me it is about return on ad spend.” Whether procurement departments agree remains to be seen. But Akkerman suggests advertisers get what they pay for. He’s claiming Uber ads deliver much higher click through rates, circa 3 per cent versus the “0.000x per cent” brands would be “lucky” to get on other platforms, and is fraud free, because “bots don’t hail cars”. Meanwhile it’s privacy compliant – because everyone has signed up and linked their credit cards. Plus advertisers are connected with “actual humans, not digital representations.” Hence why Uber’s bullish on hitting a billion dollar ad business very soon – if it hasn’t already.

41:49

EP328 - S1

22 Apr 24

Cognitive overload puts marketing effectiveness in free-fall: Influence – not influencers – emerging as marketers’ antidote but industry assumptions require total flip

Marketing effectiveness is getting worse. Dan Krigstein, Director of think tank The Growth Distillery and Ogilvy Chief Strategy Officer and Innovation Lead, Toby Harrison, have spent the last six months working out why – and building a framework they are now bringing to market in a bid to reverse the effectiveness slump. Their findings literally flip industry-wide assumptions on their head – and expose deep misunderstanding on the power of influence (not influencers) in decision-making. If you take nothing else out of this podcast, it’s that our brains are overloaded, the signals that help us make decisions are missing and “active cynicism” is the baseline. “A world of doubt creates a chasm which influence can fill,” says Harrison. But most brands are missing that trick, mistakenly thinking that consumers trust brands and their message. We don’t. We trust those with whom we have affinity – our influences – much more.  For that reason, as Harrison puts it: “People down the pub are doing a way better job in merchandising brands than any of us have been.” Crucially, say Krigstein and Harrison, the assumption that optimal effectiveness is achieved by hitting people in their restive, least-distracted state is entirely wrong. Hit us when our brains are most stressed, they suggest. “If you can take an affinity-lead message at a time where cognitive load is highest, it's actually most potent,” per Krigstein. But don’t hit people with more information. “The Midas touch in this is to remove the difficulty that already exists and give a simple, easy, definitive processing answer – because we cannot rationalise this stuff anymore,” says Harrison. “There has never been a richer or better opportunity for brands to actually start providing the type of influence that people are seeking to help them make the decisions that they need to. And that is a tremendously exciting opportunity.” Welcome to the world of real influence.

Cognitive overload puts marketing effectiveness in free-fall: Influence – not influencers – emerging as marketers’ antidote but industry assumptions require total flip

Marketing effectiveness is getting worse. Dan Krigstein, Director of think tank The Growth Distillery and Ogilvy Chief Strategy Officer and Innovation Lead, Toby Harrison, have spent the last six months working out why – and building a framework they are now bringing to market in a bid to reverse the effectiveness slump. Their findings literally flip industry-wide assumptions on their head – and expose deep misunderstanding on the power of influence (not influencers) in decision-making. If you take nothing else out of this podcast, it’s that our brains are overloaded, the signals that help us make decisions are missing and “active cynicism” is the baseline. “A world of doubt creates a chasm which influence can fill,” says Harrison. But most brands are missing that trick, mistakenly thinking that consumers trust brands and their message. We don’t. We trust those with whom we have affinity – our influences – much more.  For that reason, as Harrison puts it: “People down the pub are doing a way better job in merchandising brands than any of us have been.” Crucially, say Krigstein and Harrison, the assumption that optimal effectiveness is achieved by hitting people in their restive, least-distracted state is entirely wrong. Hit us when our brains are most stressed, they suggest. “If you can take an affinity-lead message at a time where cognitive load is highest, it's actually most potent,” per Krigstein. But don’t hit people with more information. “The Midas touch in this is to remove the difficulty that already exists and give a simple, easy, definitive processing answer – because we cannot rationalise this stuff anymore,” says Harrison. “There has never been a richer or better opportunity for brands to actually start providing the type of influence that people are seeking to help them make the decisions that they need to. And that is a tremendously exciting opportunity.” Welcome to the world of real influence.

55:17

EP327 - S1

18 Apr 24

'Media ecologist' Jack Myers: No humans for 80% of media planning, buying by 2030; creative-media forced back together, brand-publisher clean rooms surge, programmatic and retailer media hit new turbulence before ‘rebirth’ of ad business

Five years ago media ecologist Jack Myers made a prediction in the second ever edition of Mi3: By 2025 media would be largely automated and almost totally AI-informed and just a quarter of sales would remain with people and ideas. It happened faster than even he thought. Now Myers predicts that within 12-18 months max, most media planning will be entirely machine-led. By 2030, he reckons “80 per cent or more of all media planning and buying will be done without human intervention or without the necessity of humans”, with major implications for jobs. Meanwhile, AI is already being turned in on itself to spotlight where the money is being wasted amid a “programmatic backlash”. The “machines are actually checking on machines,” says Myers, “increasingly, humans are out of the mix.” He forecasts an incoming wave of consolidation across major media companies and a “collapse of the programmatic marketplace”. For agencies, “the re-emergence of consolidated agencies”, i.e. creative and media back together, “is the big story of 2025-26”. Myers thinks generative AI will force that toothpaste back into the tube. “So I believe in 2024-25, we're going to see massive consolidation, massive contraction, and then in 2025, 26, 27 a rebirth of the advertising business.” But 2025, he warns, will be tough, with a “reasonably massive cutback in spending as marketers work out what is working, and what is not”. Plus Myers – who likewise called out retail media’s impact early – sees a “can of worms” for the sector as journalists and analysts uncover instances of arbitrage of non-retail inventory within some retail media networks. He also has reservations on the surge by media owners into data clean rooms – Disney alone is operating 100-plus – “Who is cleaning the data? Who is validating that it is clean?” Meanwhile, Myers thinks Accenture’s “quiet” ascendance to become a top tier digital media buyer likewise warrants greater scrutiny.

'Media ecologist' Jack Myers: No humans for 80% of media planning, buying by 2030; creative-media forced back together, brand-publisher clean rooms surge, programmatic and retailer media hit new turbulence before ‘rebirth’ of ad business

Five years ago media ecologist Jack Myers made a prediction in the second ever edition of Mi3: By 2025 media would be largely automated and almost totally AI-informed and just a quarter of sales would remain with people and ideas. It happened faster than even he thought. Now Myers predicts that within 12-18 months max, most media planning will be entirely machine-led. By 2030, he reckons “80 per cent or more of all media planning and buying will be done without human intervention or without the necessity of humans”, with major implications for jobs. Meanwhile, AI is already being turned in on itself to spotlight where the money is being wasted amid a “programmatic backlash”. The “machines are actually checking on machines,” says Myers, “increasingly, humans are out of the mix.” He forecasts an incoming wave of consolidation across major media companies and a “collapse of the programmatic marketplace”. For agencies, “the re-emergence of consolidated agencies”, i.e. creative and media back together, “is the big story of 2025-26”. Myers thinks generative AI will force that toothpaste back into the tube. “So I believe in 2024-25, we're going to see massive consolidation, massive contraction, and then in 2025, 26, 27 a rebirth of the advertising business.” But 2025, he warns, will be tough, with a “reasonably massive cutback in spending as marketers work out what is working, and what is not”. Plus Myers – who likewise called out retail media’s impact early – sees a “can of worms” for the sector as journalists and analysts uncover instances of arbitrage of non-retail inventory within some retail media networks. He also has reservations on the surge by media owners into data clean rooms – Disney alone is operating 100-plus – “Who is cleaning the data? Who is validating that it is clean?” Meanwhile, Myers thinks Accenture’s “quiet” ascendance to become a top tier digital media buyer likewise warrants greater scrutiny.

43:20

EP326 - S1

15 Apr 24

‘Not a paint by numbers solution’: David Droga joins Accenture Song’s global tech-creative posse to build NRMA Insurance’s ambition for a ‘world leading’ customer experience model; one brand team, one global tech-creative firm to run it all

IAG Chief Customer & Marketing Officer Michelle Klein returned to Australia last May after more than a decade abroad and embarked on arguably one of the most ambitious – and interesting - corporate customer experience transformation programs in this market for a long time. Such was the complexity and need for top tech and creative talent across every customer touchpoint for NRMA Insurance – think digital channels, apps and websites, retail customers, communities large and small, mass and personalised communications and customer acquisition and retention – that Klein opted for one external partner to work on everything with her team. It’s what Accenture Song’s ANZ boss Mark Green says is a ‘lighthouse project’ globally for the firm – backed up by New York-based Global CEO David Droga and Creative Chairman Nick Law. Droga says his firm has spent the past decade bringing global tech and creative capabilities together and he says NRMA Insurance will be an international proof point on why end-to-end CX programs need more creative thinking and execution, not just an off-the-shelf tech template, particularly as AI continues its march into commerce and society.  “Like all these new technologies, it sets new horizons where everyone gets so excited about what the technology allows us to do that we put aside our creativity for a bit of awe in what that technology allows. Then when we realise that everybody can do exactly the same thing with that technology, everyone's like, ‘oh, we need to innovate with that, where's the tech, where's the creativity?’” Klein agrees the killer combo is tech with creativity and innovation, done differently. Some of the new program will be ready for the Paris Olympics in July when NRMA Insurance will make much of heading into its 100th year. But like her broader mantra on reinventing CX across every touchpoint for NRMA Insurance, the Olympics will do likewise. “It's not just linear TV, this is a fully integrated…program,” she says. “What I love about this partnership with Nine is that it will reach almost the entire population in a way that they've thought through every channel, every touch point.” So here’s how Klein, Droga, Law and Green see the grand plan unfolding and how they’re measuring success.

‘Not a paint by numbers solution’: David Droga joins Accenture Song’s global tech-creative posse to build NRMA Insurance’s ambition for a ‘world leading’ customer experience model; one brand team, one global tech-creative firm to run it all

IAG Chief Customer & Marketing Officer Michelle Klein returned to Australia last May after more than a decade abroad and embarked on arguably one of the most ambitious – and interesting - corporate customer experience transformation programs in this market for a long time. Such was the complexity and need for top tech and creative talent across every customer touchpoint for NRMA Insurance – think digital channels, apps and websites, retail customers, communities large and small, mass and personalised communications and customer acquisition and retention – that Klein opted for one external partner to work on everything with her team. It’s what Accenture Song’s ANZ boss Mark Green says is a ‘lighthouse project’ globally for the firm – backed up by New York-based Global CEO David Droga and Creative Chairman Nick Law. Droga says his firm has spent the past decade bringing global tech and creative capabilities together and he says NRMA Insurance will be an international proof point on why end-to-end CX programs need more creative thinking and execution, not just an off-the-shelf tech template, particularly as AI continues its march into commerce and society.  “Like all these new technologies, it sets new horizons where everyone gets so excited about what the technology allows us to do that we put aside our creativity for a bit of awe in what that technology allows. Then when we realise that everybody can do exactly the same thing with that technology, everyone's like, ‘oh, we need to innovate with that, where's the tech, where's the creativity?’” Klein agrees the killer combo is tech with creativity and innovation, done differently. Some of the new program will be ready for the Paris Olympics in July when NRMA Insurance will make much of heading into its 100th year. But like her broader mantra on reinventing CX across every touchpoint for NRMA Insurance, the Olympics will do likewise. “It's not just linear TV, this is a fully integrated…program,” she says. “What I love about this partnership with Nine is that it will reach almost the entire population in a way that they've thought through every channel, every touch point.” So here’s how Klein, Droga, Law and Green see the grand plan unfolding and how they’re measuring success.

54:46

EP325 - S1

8 Apr 24

‘30-40% more efficient than paid media’: Mastercard’s top APAC marketer on owned media’s revenue power; Sonder predicts banks about to show retail media how it’s done

Julie Nestor was one of the earliest Australian marketers to leverage owned media at scale, first at Optus and American Express and now – via Hilton Hotels and eBay – at Mastercard. The APAC marketing chief says owned media helped Optus get beyond mobile and into broader media and communications – and moved the needle for Amex, both in bringing on more merchant partners and driving customer loyalty, retention and spend through personalised offers. Now she says it is “by far” Mastercard’s most efficient channel via the ‘Priceless’ platform, with priceless.com both monetised and serving as the engine room for Mastercard and its main business partners – i.e. the big banks and their customers. Hence the firm continuing to invest heavily in owned media – everything from offsetting paid investment into its Australian Open partnership to building gaming platforms for banks and fintechs in Asia, to helping Ukrainian refugees find homes. But while owned media strategies today are increasingly sophisticated, the fundamentals remain the same as at Optus 20 years ago – which back then leveraged analogue customer bills to cross-sell. “Be where your customers are and where you are going to get most attention,” says Nestor. Likewise, understanding the value of owned channels is key. Nestor worked with specialist owned media consultancy Sonder at Amex and again at Mastercard. Quantifying “real dollar figures” with “measurable numbers” both internally and externally to partners, she says, is critical in maximising leverage and underlining “how marketing supports a business to grow revenue”. Sonder ran an owned media valuation audit for Mastercard across 10 markets, benchmarking metrics such as “click-throughs, time on site, sell-through” against “our $10 billion rate pool, which gives us a single source of truth” for owned asset value, per co-founder Angus Frazer. Having worked with the likes of ANZ, Amex and Mastercard, Sonder’s Jonathan Hopkins thinks the finance sector is about to show the retail media sector just how powerful owned media can be – given its “unparalleled data” and massive footprint. “It’s the tip of the iceberg,” says Hopkins. “They are already way ahead of other companies.”

‘30-40% more efficient than paid media’: Mastercard’s top APAC marketer on owned media’s revenue power; Sonder predicts banks about to show retail media how it’s done

Julie Nestor was one of the earliest Australian marketers to leverage owned media at scale, first at Optus and American Express and now – via Hilton Hotels and eBay – at Mastercard. The APAC marketing chief says owned media helped Optus get beyond mobile and into broader media and communications – and moved the needle for Amex, both in bringing on more merchant partners and driving customer loyalty, retention and spend through personalised offers. Now she says it is “by far” Mastercard’s most efficient channel via the ‘Priceless’ platform, with priceless.com both monetised and serving as the engine room for Mastercard and its main business partners – i.e. the big banks and their customers. Hence the firm continuing to invest heavily in owned media – everything from offsetting paid investment into its Australian Open partnership to building gaming platforms for banks and fintechs in Asia, to helping Ukrainian refugees find homes. But while owned media strategies today are increasingly sophisticated, the fundamentals remain the same as at Optus 20 years ago – which back then leveraged analogue customer bills to cross-sell. “Be where your customers are and where you are going to get most attention,” says Nestor. Likewise, understanding the value of owned channels is key. Nestor worked with specialist owned media consultancy Sonder at Amex and again at Mastercard. Quantifying “real dollar figures” with “measurable numbers” both internally and externally to partners, she says, is critical in maximising leverage and underlining “how marketing supports a business to grow revenue”. Sonder ran an owned media valuation audit for Mastercard across 10 markets, benchmarking metrics such as “click-throughs, time on site, sell-through” against “our $10 billion rate pool, which gives us a single source of truth” for owned asset value, per co-founder Angus Frazer. Having worked with the likes of ANZ, Amex and Mastercard, Sonder’s Jonathan Hopkins thinks the finance sector is about to show the retail media sector just how powerful owned media can be – given its “unparalleled data” and massive footprint. “It’s the tip of the iceberg,” says Hopkins. “They are already way ahead of other companies.”

44:48

EP324 - S1

4 Apr 24

Next wave: Everything marketers need to know about the streaming-TV-online video shake-out – audience forecasts, advertising shifts, where next: Ampere Analysis

Marketers and media companies had just about got to grips with audience fragmentation brought about by social media and online video. Now the next big wave is coming fast from global streamers piling into TV’s heartland with ad plays because their subscriber growth has maxed out. They’re targeting the young with localised reality shows, comedy and romantic dramas, and the old with documentaries and crime while taking aim at live TV’s biggest bastion by bidding for sports rights. That hasn’t always worked out for the likes of Amazon, which has pulled back from Premier League rights acquisition in the UK. But it has Disney and Fox Sports worried enough to try to get a combined sports platform off the ground in the US and over regulatory hurdles. Ampere Analysis veteran analyst Guy Bisson thinks similar collaboration from broadcasters locally may be required – and could be good for audiences. Across the piste, Bisson breaks down where audiences are going, how much time they are spending on each channel, and where the money’s headed – with Australia ahead of the global tipping point on streaming versus TV consumption, but not yet in terms of TV-video ad dollar reallocation. For broadcasters, the push by Amazon, Netflix and others into ads kills the old TV versus online video debate and removes the moat around ad-funded quality long form video. “It's no longer about ‘should I do TV, or should I do online?’ It's, ‘I can do everything I can do on TV on streaming’, says Bisson. He thinks broadcasters can compete on reach, targeting and content but need to accelerate streaming-first pivots to regain and retain audiences that definitely want free streamed TV versus the new pay TV – and strategically steal what they can.

Next wave: Everything marketers need to know about the streaming-TV-online video shake-out – audience forecasts, advertising shifts, where next: Ampere Analysis

Marketers and media companies had just about got to grips with audience fragmentation brought about by social media and online video. Now the next big wave is coming fast from global streamers piling into TV’s heartland with ad plays because their subscriber growth has maxed out. They’re targeting the young with localised reality shows, comedy and romantic dramas, and the old with documentaries and crime while taking aim at live TV’s biggest bastion by bidding for sports rights. That hasn’t always worked out for the likes of Amazon, which has pulled back from Premier League rights acquisition in the UK. But it has Disney and Fox Sports worried enough to try to get a combined sports platform off the ground in the US and over regulatory hurdles. Ampere Analysis veteran analyst Guy Bisson thinks similar collaboration from broadcasters locally may be required – and could be good for audiences. Across the piste, Bisson breaks down where audiences are going, how much time they are spending on each channel, and where the money’s headed – with Australia ahead of the global tipping point on streaming versus TV consumption, but not yet in terms of TV-video ad dollar reallocation. For broadcasters, the push by Amazon, Netflix and others into ads kills the old TV versus online video debate and removes the moat around ad-funded quality long form video. “It's no longer about ‘should I do TV, or should I do online?’ It's, ‘I can do everything I can do on TV on streaming’, says Bisson. He thinks broadcasters can compete on reach, targeting and content but need to accelerate streaming-first pivots to regain and retain audiences that definitely want free streamed TV versus the new pay TV – and strategically steal what they can.

52:18

EP323 - S1

25 Mar 24

Meta v media: Bosses from News Corp, Nine Publishing, Private Media, Capital Brief and ex-Coalition Minister Paul Fletcher unpack what’s next on Meta pulling news feeds - and Facebook and Instagram entirely - from Australia

Meta’s News Media Bargaining Code rug-pull lit up the media sector and has government, regulatory and lobbyist wheels spinning – some would say belatedly, given all the warning signals. Circa $70m in publisher cash - some argue it could be $100m - from Meta will no longer be on the table later this year, leaving Google the only game in town for a newsmedia sector already seriously pressured. Smaller publishers fear Meta pulling news from its feeds in Australia – as it did when Canada attempted to strong-arm the social media giant into paying news publishers – will lead to potentially existential audience and revenue hits. And there could bewidespread carnage if the Federal Treasurer ‘designates’ Meta, as is probable, forcing the tech giant into an independent arbitration process which by law means it will have to pay what thearbitrator rules between one of two fixed bids from Meta and media companies. Many argue Meta’s concerns for Australian designation means it will set international precedent for other countries to hunt billions more for newsmedia and lead to a full-scale exit of Facebook and Instagram in Australia rather than pay and trigger a costly global movement. Here’s everything you need to know on a delicate power game in which a sovereign government can't blink against a global tech giant, leaving Meta few options but to exit Australia entirely if it chooses to break Australian law and not pay. The world’s eyes are back on Australia - for bloodsport and money. And that’s before the podcast panel gets to AI and IP rights and remuneration.         

Meta v media: Bosses from News Corp, Nine Publishing, Private Media, Capital Brief and ex-Coalition Minister Paul Fletcher unpack what’s next on Meta pulling news feeds - and Facebook and Instagram entirely - from Australia

Meta’s News Media Bargaining Code rug-pull lit up the media sector and has government, regulatory and lobbyist wheels spinning – some would say belatedly, given all the warning signals. Circa $70m in publisher cash - some argue it could be $100m - from Meta will no longer be on the table later this year, leaving Google the only game in town for a newsmedia sector already seriously pressured. Smaller publishers fear Meta pulling news from its feeds in Australia – as it did when Canada attempted to strong-arm the social media giant into paying news publishers – will lead to potentially existential audience and revenue hits. And there could bewidespread carnage if the Federal Treasurer ‘designates’ Meta, as is probable, forcing the tech giant into an independent arbitration process which by law means it will have to pay what thearbitrator rules between one of two fixed bids from Meta and media companies. Many argue Meta’s concerns for Australian designation means it will set international precedent for other countries to hunt billions more for newsmedia and lead to a full-scale exit of Facebook and Instagram in Australia rather than pay and trigger a costly global movement. Here’s everything you need to know on a delicate power game in which a sovereign government can't blink against a global tech giant, leaving Meta few options but to exit Australia entirely if it chooses to break Australian law and not pay. The world’s eyes are back on Australia - for bloodsport and money. And that’s before the podcast panel gets to AI and IP rights and remuneration.         

57:43

EP322 - S1

18 Mar 24

Domino’s, Asahi see executive leaders buy-in to better decision-making; now moving Mutinex MMM beyond media’s P&L impact into business planning

Domino’s and Asahi are both using Mutinex’s GrowthOS platform to make very different media investment decisions, faster, in a fluid market. Both have buy-in across the business after unlocking the impact of media investment on sales. Both are now taking the platform beyond media and into decisions around seasonality, pricing and planning. “It’s not just a marketing tool, it’s a finance tool, ultimately supporting you how to maximise your investment across the portfolio,” says Jemma Downey, Group GM of Commercial Excellence at Asahi. “We definitely have an intention of looking at how we can ingest the data from our trade promotion and our trade optimisation tools to look at price elasticity.” Asahi has been using the GrowthOS platform for four years. Over that time it has “significantly changed” its channel allocation, per Downey, with the ROI data accelerating its shift from TV to digital video while answering questions around the effectiveness of social channels. “Social delivers the highest ROI on average across the board,” she says. Asahi is now also “far more fluid” with its investment approach. Domino’s Group Digital Strategy Manager, Blake Rand, likewise has executive buy-in with the pizza giant also using the platform beyond media and into pricing decisions. In terms of media channel allocation, GrowthOS has also thrown up some interesting insight – like the power of old-school flyers through letterboxes. Easy to see as “antiquated”, says Rand, “but we're still seeing a really high commercial impact from that investment”. Both Rand and Downey are moving towards predictive media budget and channel allocation. Mutinex CEO Henry Innis thinks that development will further underline the platform’s credentials – because brands can save Mutinex’s forecasts. “Anybody in the business of predictive analytics who doesn’t give you the functionality to save those predictions so you can hold them to account,” per Innis, “is probably lying about how predictive their model is.”

Domino’s, Asahi see executive leaders buy-in to better decision-making; now moving Mutinex MMM beyond media’s P&L impact into business planning

Domino’s and Asahi are both using Mutinex’s GrowthOS platform to make very different media investment decisions, faster, in a fluid market. Both have buy-in across the business after unlocking the impact of media investment on sales. Both are now taking the platform beyond media and into decisions around seasonality, pricing and planning. “It’s not just a marketing tool, it’s a finance tool, ultimately supporting you how to maximise your investment across the portfolio,” says Jemma Downey, Group GM of Commercial Excellence at Asahi. “We definitely have an intention of looking at how we can ingest the data from our trade promotion and our trade optimisation tools to look at price elasticity.” Asahi has been using the GrowthOS platform for four years. Over that time it has “significantly changed” its channel allocation, per Downey, with the ROI data accelerating its shift from TV to digital video while answering questions around the effectiveness of social channels. “Social delivers the highest ROI on average across the board,” she says. Asahi is now also “far more fluid” with its investment approach. Domino’s Group Digital Strategy Manager, Blake Rand, likewise has executive buy-in with the pizza giant also using the platform beyond media and into pricing decisions. In terms of media channel allocation, GrowthOS has also thrown up some interesting insight – like the power of old-school flyers through letterboxes. Easy to see as “antiquated”, says Rand, “but we're still seeing a really high commercial impact from that investment”. Both Rand and Downey are moving towards predictive media budget and channel allocation. Mutinex CEO Henry Innis thinks that development will further underline the platform’s credentials – because brands can save Mutinex’s forecasts. “Anybody in the business of predictive analytics who doesn’t give you the functionality to save those predictions so you can hold them to account,” per Innis, “is probably lying about how predictive their model is.”

32:22

EP321 - S1

14 Mar 24

SCA cuts acquisition costs 60%, targets performance ad dollars by doing the same for advertisers with data matching clean room play

People spend “roughly a third of their time, or four hours a day, listening to audio, yet only 6 per cent of ad revenues are coming towards the medium,” says SCA Chief Commercial Officer Seb Rennie. The network is betting on a data-powered push for performance ad dollars to change that with today’s launch of LiSTNR’s AdTech Hub. SCA has made huge gains – slashing cost of acquisition 60 per cent for its LiSTNR app – after embedding a CDP and overhauling its data capability. Now it’s aiming to do the same for advertisers with a new data clean room play that means advertisers can match their own first party data with SCA’s – alongside new dynamic creative optimisation and contextual targeting capability, says Executive Head, LiSTNR commercial, Olly Newton. As a result, SCA can both build brand and drive conversion via tactical performance campaigns – and Rennie thinks a market-wide shift of budgets towards the latter may last beyond the current economic crunch. Either way, says Newton, “we’ve got a total solution.” The key is making it easy for advertisers to use. Hence SCA bucking the Big Tech trend of self-serve and ‘headcount rationalisation’ – instead creating a managed service to help advertisers navigate its new tools. Last month SCA “road-tested” the new data matching capability via Australia’s major ad holding groups. “There’s huge appetite,” says Newton. “And it’s really just the beginning.” Meanwhile, SCA has bullish forecasts for its own business as well as the broader industry. Per latest IAB data, Australia’s digital ad revenue growth was a subdued 3.7 per cent in 2023. Digital audio was up 20.6 per cent – and per 38.4 per cent growth in the December quarter, accelerating hard. “Momentum is building,” says Rennie. Now SCA has some sharper targeting tools to convert it.

SCA cuts acquisition costs 60%, targets performance ad dollars by doing the same for advertisers with data matching clean room play

People spend “roughly a third of their time, or four hours a day, listening to audio, yet only 6 per cent of ad revenues are coming towards the medium,” says SCA Chief Commercial Officer Seb Rennie. The network is betting on a data-powered push for performance ad dollars to change that with today’s launch of LiSTNR’s AdTech Hub. SCA has made huge gains – slashing cost of acquisition 60 per cent for its LiSTNR app – after embedding a CDP and overhauling its data capability. Now it’s aiming to do the same for advertisers with a new data clean room play that means advertisers can match their own first party data with SCA’s – alongside new dynamic creative optimisation and contextual targeting capability, says Executive Head, LiSTNR commercial, Olly Newton. As a result, SCA can both build brand and drive conversion via tactical performance campaigns – and Rennie thinks a market-wide shift of budgets towards the latter may last beyond the current economic crunch. Either way, says Newton, “we’ve got a total solution.” The key is making it easy for advertisers to use. Hence SCA bucking the Big Tech trend of self-serve and ‘headcount rationalisation’ – instead creating a managed service to help advertisers navigate its new tools. Last month SCA “road-tested” the new data matching capability via Australia’s major ad holding groups. “There’s huge appetite,” says Newton. “And it’s really just the beginning.” Meanwhile, SCA has bullish forecasts for its own business as well as the broader industry. Per latest IAB data, Australia’s digital ad revenue growth was a subdued 3.7 per cent in 2023. Digital audio was up 20.6 per cent – and per 38.4 per cent growth in the December quarter, accelerating hard. “Momentum is building,” says Rennie. Now SCA has some sharper targeting tools to convert it.

30:11

EP320 - S1

7 Mar 24

‘Half the impact comes from creative’: System1 customer chief Jon Evans on how to sell-in emotional ad investment to cold, rational CEOs, CFOs – the CMOs nailing it, and why channel mix obsession will waste brands’ biggest investments

Future of TV Advertising international keynote Jon Evans is Chief Customer Officer at marketing effectiveness data firm System1 – and one of the world’s top marketing podcasters. He's on a mission to help marketers hold the line and sell-in emotional, creative campaign investment to rational, hard-nosed exec teams by better predicting its P&L impacts. While the media industry obsesses on the medium – optimising channel mix, ROI, CPMs, the value equation of the channel – fully half of the business outcome depends on the creative, i.e. the message, per System1’s analysis of 100,000 campaigns. But that message is getting lost says Evans. He wants to help CMOs avoid getting fired by arming them – and the C-suite – with the data to better predict how their ads and massive media investments will perform over the long term. Which just might counteract the accelerating rush to performance channels, with Coke the latest, as marketers seek any kind of validation in the face of exploding remits and intensifying short-term pressure. Plus, he has a toolkit for brand marketers and agencies that unpacks how to build mental availability, cut through and more predictable business results on which to base their media buys.

‘Half the impact comes from creative’: System1 customer chief Jon Evans on how to sell-in emotional ad investment to cold, rational CEOs, CFOs – the CMOs nailing it, and why channel mix obsession will waste brands’ biggest investments

Future of TV Advertising international keynote Jon Evans is Chief Customer Officer at marketing effectiveness data firm System1 – and one of the world’s top marketing podcasters. He's on a mission to help marketers hold the line and sell-in emotional, creative campaign investment to rational, hard-nosed exec teams by better predicting its P&L impacts. While the media industry obsesses on the medium – optimising channel mix, ROI, CPMs, the value equation of the channel – fully half of the business outcome depends on the creative, i.e. the message, per System1’s analysis of 100,000 campaigns. But that message is getting lost says Evans. He wants to help CMOs avoid getting fired by arming them – and the C-suite – with the data to better predict how their ads and massive media investments will perform over the long term. Which just might counteract the accelerating rush to performance channels, with Coke the latest, as marketers seek any kind of validation in the face of exploding remits and intensifying short-term pressure. Plus, he has a toolkit for brand marketers and agencies that unpacks how to build mental availability, cut through and more predictable business results on which to base their media buys.

50:02

EP319 - S1

4 Mar 24

prDOOH power: Lion toasts 18% revenue gains, sells 100,000 more Guinness pints via prDOOH push; JCDecaux maps huge growth, but agencies lagging

Guinness (part of the Lion portfolio), UM, Vistar, Kinesso, and Thinkerbell have just landed Australia's first ever Programmatic Campaign of the Year award after a smart, highly targeted Out-of-Home push delivered 100,000 extra pints sold. The trick? Targeting blokes near pubs stocking the dark elixir when the weather turned cold – with only 2,000 of those pints as QR code freebies. After toasting 18 per cent revenue uplift as a result – and 15 per cent pub footfall boost, a “super happy” Lion is lining up more prDOOH, per UM’s Mark Ryan. But it wasn’t initially convinced. While it wrapped in day-parting, weather and location data, plus dynamic creative via specialist DSP Vistar, IAB chief Gai Le Roy said Guinness won the award because the campaign was “strategy-led”, solving a business problem rather than showboating with “a fancy new toy”. Plus, “it had the magic of doing brand work and performance work” while driving a strong commercial return – not always the case with sampling. JCDecaux launched the award to get brands and buyers up to speed on prDOOH as it plots a massive programmatic growth curve, per National Programmatic Director, Brad Palmer. He’s aiming to hit 10 per cent of DOOH this year, pointing to markets like Germany, targeting 50 per cent of total Out-of-Home revenues by 2032. As to where prDOOH can end up, especially as cookies crumble and privacy laws tighten, “there’s a wild ride ahead for prDOOH” per Palmer. “But we need the market to collaborate a bit further,” not least agencies. Le Roy, Palmer and Vistar’s Winston Stening unpack where prDOOH’s heading next.

prDOOH power: Lion toasts 18% revenue gains, sells 100,000 more Guinness pints via prDOOH push; JCDecaux maps huge growth, but agencies lagging

Guinness (part of the Lion portfolio), UM, Vistar, Kinesso, and Thinkerbell have just landed Australia's first ever Programmatic Campaign of the Year award after a smart, highly targeted Out-of-Home push delivered 100,000 extra pints sold. The trick? Targeting blokes near pubs stocking the dark elixir when the weather turned cold – with only 2,000 of those pints as QR code freebies. After toasting 18 per cent revenue uplift as a result – and 15 per cent pub footfall boost, a “super happy” Lion is lining up more prDOOH, per UM’s Mark Ryan. But it wasn’t initially convinced. While it wrapped in day-parting, weather and location data, plus dynamic creative via specialist DSP Vistar, IAB chief Gai Le Roy said Guinness won the award because the campaign was “strategy-led”, solving a business problem rather than showboating with “a fancy new toy”. Plus, “it had the magic of doing brand work and performance work” while driving a strong commercial return – not always the case with sampling. JCDecaux launched the award to get brands and buyers up to speed on prDOOH as it plots a massive programmatic growth curve, per National Programmatic Director, Brad Palmer. He’s aiming to hit 10 per cent of DOOH this year, pointing to markets like Germany, targeting 50 per cent of total Out-of-Home revenues by 2032. As to where prDOOH can end up, especially as cookies crumble and privacy laws tighten, “there’s a wild ride ahead for prDOOH” per Palmer. “But we need the market to collaborate a bit further,” not least agencies. Le Roy, Palmer and Vistar’s Winston Stening unpack where prDOOH’s heading next.

35:31

EP318 - S1

29 Feb 24

Marketers ‘prefer arbitrage’ as Publicis, Omnicom power ahead of holdco posse; Dentsu ‘shrinking pains’ persist as dividing lines sharpen on agency network brands versus integrated offers, IT services and data M&A: Madison and Wall’s Brian Wieser

When it comes to principal-based media trading, AKA arbitrage, “we can argue about the pros and cons but collectively [marketers] are saying that they kind of accept, if not sometimes prefer, that model,” says Madison and Wall founder and one-time WPP global business intelligence chief Brian Wieser. It’s no coincidence that two of the “most aggressive” proponents of buying ad inventory from media owners and on-selling it to clients with handsome markups saw their respective media businesses notch double-digit growth in 2023. Publicis and Omnicom also have the most bullish growth forecasts for 2024. Yet their broader business strategies and models are almost polar opposites and Wieser sees a structural fault line widening across the major holdcos – unified businesses that sideline individual agency brands like Publicis and Dentsu versus the traditional multi-brand model at WPP, IPG and Omnicom. Both can work, says Wieser, but he thinks those with fewer silos are “more likely to thrive” and suggests very few marketers still care about conflict, one of the original reasons for holdcos running lots of similar agencies. Dentsu is tracking closer to Publicis on agency brand consolidation but the Japanese firm hasn’t executued like the French. One positive for Dentsu, per Wieser, is “it’s hard to imagine it getting any worse”. Regardless of the  model, he sees a single key differentiator in determining holdco winners and losers as IT services firms streak ahead and the big platforms use generative AI to eat further into agency turf: Investment ambition, or lack thereof.

Marketers ‘prefer arbitrage’ as Publicis, Omnicom power ahead of holdco posse; Dentsu ‘shrinking pains’ persist as dividing lines sharpen on agency network brands versus integrated offers, IT services and data M&A: Madison and Wall’s Brian Wieser

When it comes to principal-based media trading, AKA arbitrage, “we can argue about the pros and cons but collectively [marketers] are saying that they kind of accept, if not sometimes prefer, that model,” says Madison and Wall founder and one-time WPP global business intelligence chief Brian Wieser. It’s no coincidence that two of the “most aggressive” proponents of buying ad inventory from media owners and on-selling it to clients with handsome markups saw their respective media businesses notch double-digit growth in 2023. Publicis and Omnicom also have the most bullish growth forecasts for 2024. Yet their broader business strategies and models are almost polar opposites and Wieser sees a structural fault line widening across the major holdcos – unified businesses that sideline individual agency brands like Publicis and Dentsu versus the traditional multi-brand model at WPP, IPG and Omnicom. Both can work, says Wieser, but he thinks those with fewer silos are “more likely to thrive” and suggests very few marketers still care about conflict, one of the original reasons for holdcos running lots of similar agencies. Dentsu is tracking closer to Publicis on agency brand consolidation but the Japanese firm hasn’t executued like the French. One positive for Dentsu, per Wieser, is “it’s hard to imagine it getting any worse”. Regardless of the  model, he sees a single key differentiator in determining holdco winners and losers as IT services firms streak ahead and the big platforms use generative AI to eat further into agency turf: Investment ambition, or lack thereof.

52:08

EP317 - S1

26 Feb 24

L’Oreal, Unilever, Diageo, Kellogg’s, Gucci, Mondelez and Ford pump ad budgets; Google, Amazon, Meta cut theirs and grow - Brian Wieser on resurgent performance spend sidestepping TV

Some media companies are feeling the heat on what they describe as a tightening advertising market, particularly linear TV. But there's a very different story coming out of investor briefings in recent weeks at some of the world's biggest brands. Many brands are increasing their advertising and promotion and much bigger overall marketing budgets. Some of these listed CFOs and CEOs apparently agree with marketing’s brand building champions – at least at face value. L'Oreal's overall advertising and promotion budgets, for example, pumped 11 per cent in 2023. Its global CEO told investors the company had seen “spectacular productivity increases of up to 10 to 15 per cent” for L'Oreal brands that have trialled its proprietary AI tool called a BetIQ to measure and improve L'Oreal's advertising and promotion investments. It’s aiming to roll the tool out across 60 per cent of ad investments globally by the year-end. L'Oreal is no outlier. Unilever, Diageo, Kellogg’s, Gucci, Mondelez, Ford and big insurance companies all told investors they're upping advertising and marketing budgets. Ironically, the main sector hacking ad spend is tech, the very platforms hauling in circa 60 per cent of that global budget growth. Unpacking the apparent disconnect is Brian Wieser, a long-time US-based equities analyst who founded Maddison and Wall, on the listed marketing services holdcos such as WPP, Omnicom, Publicis and IPG, and an avid watcher of listed brand owners and what their CEOs and CFOs say about their marketing investments. We’ve made this podcast a two-parter. The first takes on big brands and what’s happening with their ad and marketing budgets. Part two dives into media and the holdcos – where two of the big five are doing better than most for one key reason.

L’Oreal, Unilever, Diageo, Kellogg’s, Gucci, Mondelez and Ford pump ad budgets; Google, Amazon, Meta cut theirs and grow - Brian Wieser on resurgent performance spend sidestepping TV

Some media companies are feeling the heat on what they describe as a tightening advertising market, particularly linear TV. But there's a very different story coming out of investor briefings in recent weeks at some of the world's biggest brands. Many brands are increasing their advertising and promotion and much bigger overall marketing budgets. Some of these listed CFOs and CEOs apparently agree with marketing’s brand building champions – at least at face value. L'Oreal's overall advertising and promotion budgets, for example, pumped 11 per cent in 2023. Its global CEO told investors the company had seen “spectacular productivity increases of up to 10 to 15 per cent” for L'Oreal brands that have trialled its proprietary AI tool called a BetIQ to measure and improve L'Oreal's advertising and promotion investments. It’s aiming to roll the tool out across 60 per cent of ad investments globally by the year-end. L'Oreal is no outlier. Unilever, Diageo, Kellogg’s, Gucci, Mondelez, Ford and big insurance companies all told investors they're upping advertising and marketing budgets. Ironically, the main sector hacking ad spend is tech, the very platforms hauling in circa 60 per cent of that global budget growth. Unpacking the apparent disconnect is Brian Wieser, a long-time US-based equities analyst who founded Maddison and Wall, on the listed marketing services holdcos such as WPP, Omnicom, Publicis and IPG, and an avid watcher of listed brand owners and what their CEOs and CFOs say about their marketing investments. We’ve made this podcast a two-parter. The first takes on big brands and what’s happening with their ad and marketing budgets. Part two dives into media and the holdcos – where two of the big five are doing better than most for one key reason.

43:41

EP316 - S1

19 Feb 24

Crunch overcooked? APAC marketing chief says no slowdown as Uber plots grocery surge, ads business ramps up with attention, Carshare bids to cull 1m cars by 2029 – and why flipping ‘crazy’ performance for brand pays

At one point “the performance marketing [team’s] main KPI was actually how much investment they could deploy,” says Uber APAC marketing boss Andy Morley. “The mandate was spend, spend, spend … It was getting crazy.” But then they realised it wasn’t actually working. Then they flipped hard to brand – well above Binet & Field’s 60:40 heuristic – and powered to delivery market leader. Today Morley says both Uber’s rideshare and food business has seen no slowdown despite squeezed wallets. Now it’s driving into grocery and beyond with another brand-powered push: “Pianos delivered in one hour” are the CEO’s mandate. For its rides business, removing 1 million of Australia’s second cars within five years is the target and Morley says growth – and consumer behaviour change – is rapidly underway. Uber’s moves into trains, planes and buses in the UK could signal the shape of things to come. Meanwhile Uber’s ads business is starting to motor. Drinks and entertainment advertisers in particular are tapping people on the way to bars and on their way home. Morley thinks a shift to attention over increasingly challenged reach and frequency metrics will shape both Uber’s own spend – and the media dollars it seeks from advertisers.

Crunch overcooked? APAC marketing chief says no slowdown as Uber plots grocery surge, ads business ramps up with attention, Carshare bids to cull 1m cars by 2029 – and why flipping ‘crazy’ performance for brand pays

At one point “the performance marketing [team’s] main KPI was actually how much investment they could deploy,” says Uber APAC marketing boss Andy Morley. “The mandate was spend, spend, spend … It was getting crazy.” But then they realised it wasn’t actually working. Then they flipped hard to brand – well above Binet & Field’s 60:40 heuristic – and powered to delivery market leader. Today Morley says both Uber’s rideshare and food business has seen no slowdown despite squeezed wallets. Now it’s driving into grocery and beyond with another brand-powered push: “Pianos delivered in one hour” are the CEO’s mandate. For its rides business, removing 1 million of Australia’s second cars within five years is the target and Morley says growth – and consumer behaviour change – is rapidly underway. Uber’s moves into trains, planes and buses in the UK could signal the shape of things to come. Meanwhile Uber’s ads business is starting to motor. Drinks and entertainment advertisers in particular are tapping people on the way to bars and on their way home. Morley thinks a shift to attention over increasingly challenged reach and frequency metrics will shape both Uber’s own spend – and the media dollars it seeks from advertisers.

44:27

EP315 - S1

12 Feb 24

Lessons from Dove’s Campaign for Real Beauty: Unilever marketers forgot product in ‘purpose' mission; ESG the new corporate ‘Voldemort’ but employee, stakeholder strategies a ‘massive opportunity’ for marketing influence in c-suite: Institute for Real Growth

It’s not often Suncorp’s CMO Mim Haysom is mentioned in the same conversation as Leonardo da Vinci but the latter’s rare ability to combine creative and analytical thinking is what 50 Australian CMOs working with WPP were briefed on recently as the next frontier for business growth and their own professional cred and advancement. Indeed, Marc de Swaan Arons, a former Unilever marketer who co-founded the non-profit Institute for Real Growth [IRG]  - backed globally by Google, Meta, WPP and Tata Consulting - says there’s a ‘massive opportunity’ for marketers to increase influence and impact with executive leadership colleagues via ‘humanised growth'. How? In this instance, it’s by customer-minded marketing bosses offering their strategy and insights nous to help build out divisional and all-of-company stakeholder-employee management blueprints and programs. It may seem fanciful and foreign to already stretched marketing remits but a new global study by IRG across 450 CEOs, CFOs, CMOs and HR leads suggests the notion would be welcomed by company leaders and seen as a credibility enhancer for marketers - if they don’t turn it into a land grab on colleagues. Suncorp’s Haysom and Piedmont Healthcare’s CMO Douwe Bergsma (US) are already front-running the trend, says de Swaan Arons, who also injects some cool pragmatism into the ESG, DE&I and purpose programs often championed by marketing teams. He cites the raging success and subsequent reality check for marketers working on Dove’s acclaimed Campaign for Real Beauty rollout in 2004 - within two years of that launch, it was in trouble. Purpose had usurped product development. Here’s more from de Swaan Arons and the Institute for Real Growth’s new study.

Lessons from Dove’s Campaign for Real Beauty: Unilever marketers forgot product in ‘purpose' mission; ESG the new corporate ‘Voldemort’ but employee, stakeholder strategies a ‘massive opportunity’ for marketing influence in c-suite: Institute for Real Growth

It’s not often Suncorp’s CMO Mim Haysom is mentioned in the same conversation as Leonardo da Vinci but the latter’s rare ability to combine creative and analytical thinking is what 50 Australian CMOs working with WPP were briefed on recently as the next frontier for business growth and their own professional cred and advancement. Indeed, Marc de Swaan Arons, a former Unilever marketer who co-founded the non-profit Institute for Real Growth [IRG]  - backed globally by Google, Meta, WPP and Tata Consulting - says there’s a ‘massive opportunity’ for marketers to increase influence and impact with executive leadership colleagues via ‘humanised growth'. How? In this instance, it’s by customer-minded marketing bosses offering their strategy and insights nous to help build out divisional and all-of-company stakeholder-employee management blueprints and programs. It may seem fanciful and foreign to already stretched marketing remits but a new global study by IRG across 450 CEOs, CFOs, CMOs and HR leads suggests the notion would be welcomed by company leaders and seen as a credibility enhancer for marketers - if they don’t turn it into a land grab on colleagues. Suncorp’s Haysom and Piedmont Healthcare’s CMO Douwe Bergsma (US) are already front-running the trend, says de Swaan Arons, who also injects some cool pragmatism into the ESG, DE&I and purpose programs often championed by marketing teams. He cites the raging success and subsequent reality check for marketers working on Dove’s acclaimed Campaign for Real Beauty rollout in 2004 - within two years of that launch, it was in trouble. Purpose had usurped product development. Here’s more from de Swaan Arons and the Institute for Real Growth’s new study.

53:05

EP314 - S1

5 Feb 24

‘The whole supply chain is locked into a sense of omerta’: Why marketers, procurement, agencies, ad techs and publishers fear derailing programmatic ‘gravy chain’ – where 36 cents on every ad dollar is ‘optimistic’

The ANA’s latest transparency report looks ugly for agencies, the ad tech supply chain, marketers and their procurement departments. Probably why its findings – just 36 cents on the programmatic dollar stand a chance of being seen by audiences – have been met with deafening silence. None of the big agency holdcos have piped up, while Google, The Trade Desk, Pubmatic and other major adtech players didn’t allow the ANA into their systems. Not even P&G played ball. Nick Manning, who co-authored the ANA’s scoping brief, says even 36 cents in every ad dollar landing with publishers is optimistic – because the investigation used sophisticated advertisers like Mondelez, Shell, Kimberly Clark, Dell and HP for the probe – and because it doesn’t factor-in things like agency commissions. And the ANA calculations are based off feeble viewability metrics. “We are talking about a massive global marketplace and it is out of control,” says Manning. Problem is, “nobody wants to derail the gravy train … Enormous sums of money have been made by the large digital platforms, by the ad tech community, by agencies. They've all been part of this gold rush.” But the report differs from myriad predecessors because it spells out exactly how advertisers can regain control. Marketers, says Manning, have to lock everybody in a room, forget about what has happened in the past, and hold “a ‘truth and reconciliation commission’”. Then they need to sweep their programmatic supply chain, strip out the dud components, including most of publishing’s long tail, and structure contracts accordingly – including with agencies, who “by virtue of tolerating this, are absolutely negligent in terms of their role”, he suggests. “But without that will and intent, you might as well not bother starting.” Here’s what’s going wrong in the $88bn marketplace, and for those with appetite, how to fix it… Before the open web money gets rechanneled from publishers to walled gardens and retail media.

‘The whole supply chain is locked into a sense of omerta’: Why marketers, procurement, agencies, ad techs and publishers fear derailing programmatic ‘gravy chain’ – where 36 cents on every ad dollar is ‘optimistic’

The ANA’s latest transparency report looks ugly for agencies, the ad tech supply chain, marketers and their procurement departments. Probably why its findings – just 36 cents on the programmatic dollar stand a chance of being seen by audiences – have been met with deafening silence. None of the big agency holdcos have piped up, while Google, The Trade Desk, Pubmatic and other major adtech players didn’t allow the ANA into their systems. Not even P&G played ball. Nick Manning, who co-authored the ANA’s scoping brief, says even 36 cents in every ad dollar landing with publishers is optimistic – because the investigation used sophisticated advertisers like Mondelez, Shell, Kimberly Clark, Dell and HP for the probe – and because it doesn’t factor-in things like agency commissions. And the ANA calculations are based off feeble viewability metrics. “We are talking about a massive global marketplace and it is out of control,” says Manning. Problem is, “nobody wants to derail the gravy train … Enormous sums of money have been made by the large digital platforms, by the ad tech community, by agencies. They've all been part of this gold rush.” But the report differs from myriad predecessors because it spells out exactly how advertisers can regain control. Marketers, says Manning, have to lock everybody in a room, forget about what has happened in the past, and hold “a ‘truth and reconciliation commission’”. Then they need to sweep their programmatic supply chain, strip out the dud components, including most of publishing’s long tail, and structure contracts accordingly – including with agencies, who “by virtue of tolerating this, are absolutely negligent in terms of their role”, he suggests. “But without that will and intent, you might as well not bother starting.” Here’s what’s going wrong in the $88bn marketplace, and for those with appetite, how to fix it… Before the open web money gets rechanneled from publishers to walled gardens and retail media.

49:27

EP313 - S1

29 Jan 24

Brand acrobatics: Adobe wrestles with ‘category awareness’ for CX, plots brand-demand offensive; B2B CMOs pump 2024 budgets as CFOs greenlight creative spend – MYOB, Canva, MailChimp nailing it

It’s taken a couple of years, but the LinkedIn-backed B2B Institute’s mission to flip business-to-business marketing’s focus from performance to brand building – encapsulated by the Ehrenberg-Bass Institute penned 95:5 rule – is starting to land, crucially in the boardroom and exec leadership echelons. LinkedIn’s polling of B2B CMOs and CFOs suggests most are planning to spend more on brand this year and are beginning to grasp that rational, product-focused messaging doesn’t cut it. The likes of MYOB, Canva and MailChimp are setting the creative standard, reckons LinkedIn’s Global VP of Customer Science and B2B Institute Global Head, Melissa Furze. But there’s still a long way to go, as Adobe’s APAC and Japan VP of Digital Experience Marketing, Duncan Egan will attest. Adobe, he admits, is challenged with building brand awareness – or more accurately, category awareness - when it comes to being known as a CX company versus its Photoshop legacy. He’s hoping to change that with a full-funnel push – and convince the sales-focused, short-termists that brand both fuels demand and ultimately speeds conversion. 

Brand acrobatics: Adobe wrestles with ‘category awareness’ for CX, plots brand-demand offensive; B2B CMOs pump 2024 budgets as CFOs greenlight creative spend – MYOB, Canva, MailChimp nailing it

It’s taken a couple of years, but the LinkedIn-backed B2B Institute’s mission to flip business-to-business marketing’s focus from performance to brand building – encapsulated by the Ehrenberg-Bass Institute penned 95:5 rule – is starting to land, crucially in the boardroom and exec leadership echelons. LinkedIn’s polling of B2B CMOs and CFOs suggests most are planning to spend more on brand this year and are beginning to grasp that rational, product-focused messaging doesn’t cut it. The likes of MYOB, Canva and MailChimp are setting the creative standard, reckons LinkedIn’s Global VP of Customer Science and B2B Institute Global Head, Melissa Furze. But there’s still a long way to go, as Adobe’s APAC and Japan VP of Digital Experience Marketing, Duncan Egan will attest. Adobe, he admits, is challenged with building brand awareness – or more accurately, category awareness - when it comes to being known as a CX company versus its Photoshop legacy. He’s hoping to change that with a full-funnel push – and convince the sales-focused, short-termists that brand both fuels demand and ultimately speeds conversion. 

45:34

EP312 - S1

22 Jan 24

Marketing’s capability crunch: ANZ, Deloitte, Destination NSW marketing chiefs back Australian Marketing Institute bid to mirror Chartered Accountants, CPAs for industry-wide professional certification, credibility, status

Marketing remits are expanding faster than most professions but unlike accounting or engineering, it remains splintered and without common professional capabilities, standards and accreditation. Indeed, marketing, agency, media and customer tech professionals across the entire customer and marketing supply chain risk career irrelevance because they're simultaneously losing sight of marketing's fundamentals – like strategy and commercial nous –  and the diverse new capabilities they need to join-up marketing and customer functions to drive business growth. Senior marketers at ANZ, Deloitte and Destination New South Wales are trying to bridge that gap. But even the likes of ANZ’s Kate Young, who launched a major upskilling program for the bank’s 300-plus marketers in 2019, says the pace of change means a refresh is already required and the program – and ANZ’s marketers – must operate in a two-speed environment: Core capabilities for today plus anticipating what’s coming down the track as personalisation shifts to “anticipation”, plus rapid advances in automation and generative AI. Destination NSW Marking GM Kathryn Illy is upskilling her team away from pure ROI-focused performance marketing to better understand what makes people want to visit NSW in the first place. As well as putting skills programs in place she’s hiring from ad agencies – and says the numbers show it’s working. Deloitte CMO Rochelle Tognetti is upskilling her 270 marketing staff around commercial acumen and the collapsing walls between client and employer brand, along with organisational capabilities and governance. All three marketing bosses are backing the Australian Marketing Institute’s re-fuelled drive to future-proof marketing’s skill set across 25 essential competencies. AMI CEO Bronwyn Powell says accreditation, in the same way that accountants and engineers achieve chartered status, gives marketers a far broader appreciation of business fundamentals while mapping a path to the c-suite. Perhaps worryingly for the top end of town, Powell thinks younger marketers are hungrier to upskill than mid and senior-level pros. She’s urging the entire market – agency and media bosses included – to identify skills gaps, personal and team-wide, and join the AMI’s push to plug them along with a revamped path for professional credentials which peak at an AMI Certified Practicing Marketer and AMI Fellow.

Marketing’s capability crunch: ANZ, Deloitte, Destination NSW marketing chiefs back Australian Marketing Institute bid to mirror Chartered Accountants, CPAs for industry-wide professional certification, credibility, status

Marketing remits are expanding faster than most professions but unlike accounting or engineering, it remains splintered and without common professional capabilities, standards and accreditation. Indeed, marketing, agency, media and customer tech professionals across the entire customer and marketing supply chain risk career irrelevance because they're simultaneously losing sight of marketing's fundamentals – like strategy and commercial nous –  and the diverse new capabilities they need to join-up marketing and customer functions to drive business growth. Senior marketers at ANZ, Deloitte and Destination New South Wales are trying to bridge that gap. But even the likes of ANZ’s Kate Young, who launched a major upskilling program for the bank’s 300-plus marketers in 2019, says the pace of change means a refresh is already required and the program – and ANZ’s marketers – must operate in a two-speed environment: Core capabilities for today plus anticipating what’s coming down the track as personalisation shifts to “anticipation”, plus rapid advances in automation and generative AI. Destination NSW Marking GM Kathryn Illy is upskilling her team away from pure ROI-focused performance marketing to better understand what makes people want to visit NSW in the first place. As well as putting skills programs in place she’s hiring from ad agencies – and says the numbers show it’s working. Deloitte CMO Rochelle Tognetti is upskilling her 270 marketing staff around commercial acumen and the collapsing walls between client and employer brand, along with organisational capabilities and governance. All three marketing bosses are backing the Australian Marketing Institute’s re-fuelled drive to future-proof marketing’s skill set across 25 essential competencies. AMI CEO Bronwyn Powell says accreditation, in the same way that accountants and engineers achieve chartered status, gives marketers a far broader appreciation of business fundamentals while mapping a path to the c-suite. Perhaps worryingly for the top end of town, Powell thinks younger marketers are hungrier to upskill than mid and senior-level pros. She’s urging the entire market – agency and media bosses included – to identify skills gaps, personal and team-wide, and join the AMI’s push to plug them along with a revamped path for professional credentials which peak at an AMI Certified Practicing Marketer and AMI Fellow.

45:03

EP311 - S1

4 Dec 23

Owned media v retail media: Commbank, ANZ, Telstra invest in owned channels as sector’s commercial value increases 10% to $4.3bn; Financial services up 19% as non-retail brands eye upside

Owned media in Australia – brands’ own websites, email, apps, instore and social assets – now has $4.3bn in commercial potential. It could reach $5bn in as little as 12 months as brands, eyeing the growth of retail media, start to realise the value of their own media channels. Valuation firm Sonder has just released its annual Owned Media Market Report & Rankings for the '24 financial year and it again contextualises the retail media boom - retailers might be making all the noise around retailer media networks but they represent just one-third of the commercial value that brands across any sector can derive from their own media channels.          Mike Connaghan, MD of News Corp’s Commercial Content division, says his business is booming as the likes of Coles, Bunnings, Officeworks, David Jones and Chemist Warehouse make media revenue from suppliers and use it to fund their own paid marketing efforts as well as turn a healthy margin. Owned media specialist Sonder is seeing the same thing. The likes of ANZ have reorganised operations to put owned channels first – and co-founder Angus Frazer thinks more will follow, especially as pressure on marketing budgets intensifies. Sonder has run the rule over Australia’s owned media sector and drops some well-informed hints at numbers on which brands and businesses might be coming to market next. In retail media, Sonder says the ones to watch are Bunnings, Accent Group, JB-Hi-Fi, Mecca and Kmart. In grocery and liquor it’s First Choice and Vintage Cellars, while in finance its Visa and Mastercard. Sonder co-founder Jonathan Hopkins says the broader market is now “at a tipping point” as brands realise they can better engage, upsell and cross-sell to existing customers, and use the income from selling or trading space with their suppliers to fund acquisition bucket filling.

Owned media v retail media: Commbank, ANZ, Telstra invest in owned channels as sector’s commercial value increases 10% to $4.3bn; Financial services up 19% as non-retail brands eye upside

Owned media in Australia – brands’ own websites, email, apps, instore and social assets – now has $4.3bn in commercial potential. It could reach $5bn in as little as 12 months as brands, eyeing the growth of retail media, start to realise the value of their own media channels. Valuation firm Sonder has just released its annual Owned Media Market Report & Rankings for the '24 financial year and it again contextualises the retail media boom - retailers might be making all the noise around retailer media networks but they represent just one-third of the commercial value that brands across any sector can derive from their own media channels.          Mike Connaghan, MD of News Corp’s Commercial Content division, says his business is booming as the likes of Coles, Bunnings, Officeworks, David Jones and Chemist Warehouse make media revenue from suppliers and use it to fund their own paid marketing efforts as well as turn a healthy margin. Owned media specialist Sonder is seeing the same thing. The likes of ANZ have reorganised operations to put owned channels first – and co-founder Angus Frazer thinks more will follow, especially as pressure on marketing budgets intensifies. Sonder has run the rule over Australia’s owned media sector and drops some well-informed hints at numbers on which brands and businesses might be coming to market next. In retail media, Sonder says the ones to watch are Bunnings, Accent Group, JB-Hi-Fi, Mecca and Kmart. In grocery and liquor it’s First Choice and Vintage Cellars, while in finance its Visa and Mastercard. Sonder co-founder Jonathan Hopkins says the broader market is now “at a tipping point” as brands realise they can better engage, upsell and cross-sell to existing customers, and use the income from selling or trading space with their suppliers to fund acquisition bucket filling.

41:13

EP310 - S1

27 Nov 23

Jaguar Land Rover notches 200 per cent audience uplift through new OOH performance reporting: QMS lifts TV playbook with audience guarantees, make-goods; OMG piles in

Jaguar Land Rover spotted an opportunity earlier this year in the lead up to Sydney's Vivid festival, where circa 3 million people show up for 23 days of live shows, music and forums. The carmaker needed to build awareness fast for the new Land Rover Defender and part of the brief included large out-of-home formats. Given the expected surge in people on the streets of Sydney's CBD, Jaguar Land Rover’s just appointed media agency, Resolution Digital, part of Omnicom Media Group (OMG), thought a fast revamp of the brief to include street furniture and screens in the City of Sydney network run by QMS would be a smart move. It proved right and OMG’s head of trading, John Lynch, says the post-campaign audience analysis for Defender saw traffic uplift around CBD sites increase in some cases by more than 200 per cent. Yet the out-of-home industry’s audience currency, MOVE, could not quantify what the opportunity was or how big the upside could be. Which is where QMS’ new audience initiative, using mobility data down to specific sites and screens, came into its own. QMS has broken early from its out-of-home competitors to develop analysis capability for its screen network, which both sets site-level audience benchmarks and then guarantees those audiences will be delivered. Right now, no other out-of-home company delivers that level of reporting or guarantees. But Chief Strategy Officer, Christian Zavecz, says they must if the sector is to improve credibility and maintain high growth rates. In his parlance out-of-home has to move from measuring assets to measuring audiences, with Zavecz arguing that if out-of-home wants to be treated like one of the last big broadcast audience reach channels, it has to behave like one. QMS calls it ‘Performance Plus’ and the single biggest buyer of out-of-home in the country, OMG’s John Lynch, says it’s delivering.

Jaguar Land Rover notches 200 per cent audience uplift through new OOH performance reporting: QMS lifts TV playbook with audience guarantees, make-goods; OMG piles in

Jaguar Land Rover spotted an opportunity earlier this year in the lead up to Sydney's Vivid festival, where circa 3 million people show up for 23 days of live shows, music and forums. The carmaker needed to build awareness fast for the new Land Rover Defender and part of the brief included large out-of-home formats. Given the expected surge in people on the streets of Sydney's CBD, Jaguar Land Rover’s just appointed media agency, Resolution Digital, part of Omnicom Media Group (OMG), thought a fast revamp of the brief to include street furniture and screens in the City of Sydney network run by QMS would be a smart move. It proved right and OMG’s head of trading, John Lynch, says the post-campaign audience analysis for Defender saw traffic uplift around CBD sites increase in some cases by more than 200 per cent. Yet the out-of-home industry’s audience currency, MOVE, could not quantify what the opportunity was or how big the upside could be. Which is where QMS’ new audience initiative, using mobility data down to specific sites and screens, came into its own. QMS has broken early from its out-of-home competitors to develop analysis capability for its screen network, which both sets site-level audience benchmarks and then guarantees those audiences will be delivered. Right now, no other out-of-home company delivers that level of reporting or guarantees. But Chief Strategy Officer, Christian Zavecz, says they must if the sector is to improve credibility and maintain high growth rates. In his parlance out-of-home has to move from measuring assets to measuring audiences, with Zavecz arguing that if out-of-home wants to be treated like one of the last big broadcast audience reach channels, it has to behave like one. QMS calls it ‘Performance Plus’ and the single biggest buyer of out-of-home in the country, OMG’s John Lynch, says it’s delivering.

25:08

EP309 - S1

23 Nov 23

Master brand plan: Arnott’s CMO Jenni Dill, Publicis Groupe CEO MikeRebelo on how Arnott’s lifted 10% sales growth across entire portfolio via market mix modelling, media benchmarking, creative testing, going large on TV – and won Ad Council’s Grand Effie

Arnott’s last month landed the Advertising Council’s Grand Effie after launching a master brand campaign that CMO Jenni Dill says delivered “10 per cent sales growth in dollar terms and three quarters of a share point growth” across the portfolio. It also helped put Arnott’s ahead of the three-year growth plan she’d had to present to the board 13 days after joining from McDonald’s. “Phenomenal” results, says Publicis Groupe CEO Michael Rebelo, given the effort it takes to move FMCG “super brands” like Tim Tams even a quarter of a per cent. And just the kind of hard business results Arnott’s private equity owners KKR need to see from marketing. Dill says KKR is happy to keep investing in growth, hence her signing up for the job, provided she’s not coming to them with soft metrics. So after working on new product sets, including healthier and gluten free ranges, and before approaching the hard, rational board with plans for a big, emotional TV-led push, she doubled down on pre-testing, market mix modelling and media benchmarking to show exactly where the growth opportunities lay. Backing secured, Dill went out with a fully integrated campaign tapping Arnott’s Australian heritage and biscuity ‘moments that matter’ that has since delivered in spades. Despite interest rate hikes hitting consumers hard, she predicts the brand investment will act as a moat and keep delivering well into 2024. Now Dill and Rebelo have their eyes on one, maybe two more Effies for next year, to make up for the one they’re convinced they should have had last year. Here’s how they landed the most coveted annual award for the serious end of town – and their take on how current market sentiment will play out across the piste into 2024.

Master brand plan: Arnott’s CMO Jenni Dill, Publicis Groupe CEO MikeRebelo on how Arnott’s lifted 10% sales growth across entire portfolio via market mix modelling, media benchmarking, creative testing, going large on TV – and won Ad Council’s Grand Effie

Arnott’s last month landed the Advertising Council’s Grand Effie after launching a master brand campaign that CMO Jenni Dill says delivered “10 per cent sales growth in dollar terms and three quarters of a share point growth” across the portfolio. It also helped put Arnott’s ahead of the three-year growth plan she’d had to present to the board 13 days after joining from McDonald’s. “Phenomenal” results, says Publicis Groupe CEO Michael Rebelo, given the effort it takes to move FMCG “super brands” like Tim Tams even a quarter of a per cent. And just the kind of hard business results Arnott’s private equity owners KKR need to see from marketing. Dill says KKR is happy to keep investing in growth, hence her signing up for the job, provided she’s not coming to them with soft metrics. So after working on new product sets, including healthier and gluten free ranges, and before approaching the hard, rational board with plans for a big, emotional TV-led push, she doubled down on pre-testing, market mix modelling and media benchmarking to show exactly where the growth opportunities lay. Backing secured, Dill went out with a fully integrated campaign tapping Arnott’s Australian heritage and biscuity ‘moments that matter’ that has since delivered in spades. Despite interest rate hikes hitting consumers hard, she predicts the brand investment will act as a moat and keep delivering well into 2024. Now Dill and Rebelo have their eyes on one, maybe two more Effies for next year, to make up for the one they’re convinced they should have had last year. Here’s how they landed the most coveted annual award for the serious end of town – and their take on how current market sentiment will play out across the piste into 2024.

54:16

EP308 - S1

20 Nov 23

Measuring BVOD, TV and YouTube and footfall in one hit: Kmart, Kinesso and UM think Beatgrid may have cracked cross-media measurement

Figuring out where potential customers are in the hectic media system and not waste budgets reaching them across disparate channels is driving marketers and media agencies to experiment with some interesting alternatives in cross-media audience measurement. Kmart, its agency UM and IPG tech stablemate Kinesso, think they have landed on a winner – Beatgrid’s automatic content recognition phone-based panel.  Beatgrid counts the likes of Amazon, Google, P&G, Unilever and Virgin as clients. The firm’s tech measures TV, digital video, audio and even out of home audiences, as well as in-store footfall. Plus its panel of paid-up and consented humans is doing away with the guesswork of brand uplift studies. Which is why Kinesso Digital Strategy Director, Charlie Allatt, convinced UM’s Group Director for Kmart, Adam Russell, to trial the tech. By making “inaudible pitch shifts” to creative across different screen types, “the system can unwind whether people are being exposed in a particular channel,” says Allatt. For Kmart, the two launched the trial across linear TV, BVOD and YouTube – which siloed measurement systems can’t do in one hit. Then they ran the numbers against Google’s DV360 DSP for YouTube ads, and against OzTam’s data for linear TV and BVOD. “Both channels tilted very, very closely to the Beatgrid numbers,” says Russell. Plus, using Beatgrid’s location data, they could map the ads served to Kmart’s in-store footfall. “We could see the difference of people who, within a two-week span, had seen an ad and then gone on into a Kmart store versus people who haven't seen an ad,” says Allatt. “We could directly measure that uplift in real time, specifically broken down for each channel.”  Kmart must “demonstrate every day that we are [reaching customers] really efficiently, ensuring every dollar we invest is performing,” says GM of Marketing Rennie Freer. The Beatgrid trial, “was a great opportunity to do that,” she says, “because if we're saving dollars here, if what we're doing is really delivering the efficacy we need, we can reinvest in new channels.” As cookies disappear and privacy laws tighten, Beatgrid’s founder Daniel Tjondronegoro and Australia GM Cameron Curtis think single-source panels are about to have a major renaissance.

Measuring BVOD, TV and YouTube and footfall in one hit: Kmart, Kinesso and UM think Beatgrid may have cracked cross-media measurement

Figuring out where potential customers are in the hectic media system and not waste budgets reaching them across disparate channels is driving marketers and media agencies to experiment with some interesting alternatives in cross-media audience measurement. Kmart, its agency UM and IPG tech stablemate Kinesso, think they have landed on a winner – Beatgrid’s automatic content recognition phone-based panel.  Beatgrid counts the likes of Amazon, Google, P&G, Unilever and Virgin as clients. The firm’s tech measures TV, digital video, audio and even out of home audiences, as well as in-store footfall. Plus its panel of paid-up and consented humans is doing away with the guesswork of brand uplift studies. Which is why Kinesso Digital Strategy Director, Charlie Allatt, convinced UM’s Group Director for Kmart, Adam Russell, to trial the tech. By making “inaudible pitch shifts” to creative across different screen types, “the system can unwind whether people are being exposed in a particular channel,” says Allatt. For Kmart, the two launched the trial across linear TV, BVOD and YouTube – which siloed measurement systems can’t do in one hit. Then they ran the numbers against Google’s DV360 DSP for YouTube ads, and against OzTam’s data for linear TV and BVOD. “Both channels tilted very, very closely to the Beatgrid numbers,” says Russell. Plus, using Beatgrid’s location data, they could map the ads served to Kmart’s in-store footfall. “We could see the difference of people who, within a two-week span, had seen an ad and then gone on into a Kmart store versus people who haven't seen an ad,” says Allatt. “We could directly measure that uplift in real time, specifically broken down for each channel.”  Kmart must “demonstrate every day that we are [reaching customers] really efficiently, ensuring every dollar we invest is performing,” says GM of Marketing Rennie Freer. The Beatgrid trial, “was a great opportunity to do that,” she says, “because if we're saving dollars here, if what we're doing is really delivering the efficacy we need, we can reinvest in new channels.” As cookies disappear and privacy laws tighten, Beatgrid’s founder Daniel Tjondronegoro and Australia GM Cameron Curtis think single-source panels are about to have a major renaissance.

47:59

EP307 - S1

16 Nov 23

Last supper: Outgoing creative chief at Accenture Song and The Monkeys Scott Nowell on culturally infiltrating Accenture, failed beer fridge bans, pulling a reverse takeover of Saatchis and why Accenture Song is ‘outperforming’ the consulting growth curve

Many predicted The Monkeys would be “roadkill” when Accenture in 2017 paid $63m for Australia’s hottest ad agency, its creative culture steamrollered by the immaculately polished heads of the consulting world. Instead, says creative chief Scott Nowell, who last week departed the agency he co-founded, The Monkeys began a cultural infiltration mission. Six years on, the broader Accenture Song creative-customer model has turned heads in the broader Accenture business – because it’s largely outperforming. That’s not to say there weren’t some awkward early moments. “A request that we lock our beer fridges until 5 p.m. went down very badly,” says Nowell, a diktat that lasted roughly six hours. Ultimately, in a firm with hundreds of thousands of employees and monolithic process rigidity, you have to learn to work the system, he acknowledges. He admits moving from a nimble business to a hierarchical consulting giant can take some getting used to: “You’ve just got to ask a lot of people if you can do something or not.” Either way, after some mutual “bum sniffing” the “more closed” corporate and “more open” advertising packs began to run together – and start building products and solutions that go well beyond advertising. That’s changed the capability The Monkeys now seeks, with “creatives who have that interest in broader business solutions” first order. Whether Nowell climbs back into the saddle, time will tell. But for now he’s smelling the roses after 17 years building a business that won everything going, rejected an offer to reverse takeover Saatchi & Saatchi locally, came close to forming a “pan-Pacific micro network” with Goodby Silverstein and tried – and failed – to revive ice cream brand, Homer Hudson, which it co-owned. His advice to anyone starting their own agency today? “Start smarter … get an accountant … try and balance your life.” 

Last supper: Outgoing creative chief at Accenture Song and The Monkeys Scott Nowell on culturally infiltrating Accenture, failed beer fridge bans, pulling a reverse takeover of Saatchis and why Accenture Song is ‘outperforming’ the consulting growth curve

Many predicted The Monkeys would be “roadkill” when Accenture in 2017 paid $63m for Australia’s hottest ad agency, its creative culture steamrollered by the immaculately polished heads of the consulting world. Instead, says creative chief Scott Nowell, who last week departed the agency he co-founded, The Monkeys began a cultural infiltration mission. Six years on, the broader Accenture Song creative-customer model has turned heads in the broader Accenture business – because it’s largely outperforming. That’s not to say there weren’t some awkward early moments. “A request that we lock our beer fridges until 5 p.m. went down very badly,” says Nowell, a diktat that lasted roughly six hours. Ultimately, in a firm with hundreds of thousands of employees and monolithic process rigidity, you have to learn to work the system, he acknowledges. He admits moving from a nimble business to a hierarchical consulting giant can take some getting used to: “You’ve just got to ask a lot of people if you can do something or not.” Either way, after some mutual “bum sniffing” the “more closed” corporate and “more open” advertising packs began to run together – and start building products and solutions that go well beyond advertising. That’s changed the capability The Monkeys now seeks, with “creatives who have that interest in broader business solutions” first order. Whether Nowell climbs back into the saddle, time will tell. But for now he’s smelling the roses after 17 years building a business that won everything going, rejected an offer to reverse takeover Saatchi & Saatchi locally, came close to forming a “pan-Pacific micro network” with Goodby Silverstein and tried – and failed – to revive ice cream brand, Homer Hudson, which it co-owned. His advice to anyone starting their own agency today? “Start smarter … get an accountant … try and balance your life.” 

41:25

EP306 - S1

13 Nov 23

‘It’s given us a lot of credibility within the business to keep pushing’: Samsung Australia’s Carl Bunn on using MMM to prove what’s working – and win over sceptics

The problem with Samsung’s previous market mix models was they were too slow, says Carl Bunn, Head of Data and Solutions at Samsung Australia. By the time results came back in, “we’d moved on,” says Bunn. Part of that was on Samsung: Consistency of data is key, says Bunn, and lack of it scuppered much prospect of MMM agility. But having done the “single source of truth” hard yards and plugged into Mutinex’s platform, the marketing teams are now getting more “credibility” within the organisation. They know in near-real time “what’s working and what’s not” in terms of media investment – and that’s getting more departments onside within Samsung. “It’s proven what we thought should be happening is actually happening,” says Bunn. “We can put data and numbers behind what we’ve been saying … and that gives you a lot of credibility in the business to keep pushing.” Samsung’s agency team at CHEP wasn’t initially convinced. The prospect of yet another data source telling everybody what’s ‘working’ was met with some scepticism, says strategy chief Lilian Sor. Until they all started using it. Samsung and CHEP last month landed gold at the Effies, Australia’s ad effectiveness awards, with its use of media mix modelling to prove results cited prominently by judges. CHEP was also named Australia’s most effective agency overall. So something’s working. Mutinex boss Henry Innis has only one ask: That everyone steps talking about market mix modelling and instead focuses on ‘market mix decisioning’. “If the industry moves away from the drudgery of legacy MMM models and towards the effectiveness of better market mix decisions, we'll have a more effective and respected industry,” says Innis. “By the time we're done at Mutinex, I would hope that no marketer in the world is seen as a cost centre.”

‘It’s given us a lot of credibility within the business to keep pushing’: Samsung Australia’s Carl Bunn on using MMM to prove what’s working – and win over sceptics

The problem with Samsung’s previous market mix models was they were too slow, says Carl Bunn, Head of Data and Solutions at Samsung Australia. By the time results came back in, “we’d moved on,” says Bunn. Part of that was on Samsung: Consistency of data is key, says Bunn, and lack of it scuppered much prospect of MMM agility. But having done the “single source of truth” hard yards and plugged into Mutinex’s platform, the marketing teams are now getting more “credibility” within the organisation. They know in near-real time “what’s working and what’s not” in terms of media investment – and that’s getting more departments onside within Samsung. “It’s proven what we thought should be happening is actually happening,” says Bunn. “We can put data and numbers behind what we’ve been saying … and that gives you a lot of credibility in the business to keep pushing.” Samsung’s agency team at CHEP wasn’t initially convinced. The prospect of yet another data source telling everybody what’s ‘working’ was met with some scepticism, says strategy chief Lilian Sor. Until they all started using it. Samsung and CHEP last month landed gold at the Effies, Australia’s ad effectiveness awards, with its use of media mix modelling to prove results cited prominently by judges. CHEP was also named Australia’s most effective agency overall. So something’s working. Mutinex boss Henry Innis has only one ask: That everyone steps talking about market mix modelling and instead focuses on ‘market mix decisioning’. “If the industry moves away from the drudgery of legacy MMM models and towards the effectiveness of better market mix decisions, we'll have a more effective and respected industry,” says Innis. “By the time we're done at Mutinex, I would hope that no marketer in the world is seen as a cost centre.”

36:25

EP305 - S1

9 Nov 23

GroupM’s global boss Christian Juhl, ANZ CEO Aimee Buchanan on Netflix ads, linear TV’s end game and why measurement sits at the heart of all marketer conundrums

GroupM global boss Christian Juhl says rival holdcos may now regret spending “billions of dollars on cookie-based solutions or personally identifiable information” as privacy moves dead centre in regulatory affairs.. Some, he says, “are going to be sitting on a razor’s edge about whether they are going to be compliant ... it will definitely have ramifications for the industry.” In the meantime, he says a key challenge facing marketers across every facet of their business, and fundamentally “how they justify these massive budgets to their CEOs” comes down to measurement. But building post-privacy metrics and proxies, per Juhl, is probably the most “dynamic” – read challenging – part of his business. GroupM is building its own econometric or “full funnel” models for brands because, says ANZ CEO Aimee Buchanan, market mix models focused on shorter-term campaign metrics no longer cut it. Meanwhile, both Juhl and Buchanan have been pushing hard on carbon-based trading. Culling low performing, high emitting inventory is the easiest first step, says Buchanan, followed by stripping out digital weight from creative assets. But both bosses are less aggressive than previous statements around moving ad dollars based on emissions. Likewise, no hard mandates on getting staff back in the office beyond “probably more than we are right now,” per Juhl with hybrid flex built-in. For now, three days is a rule of thumb. Plus, Juhl is unsure how long brands will “pay more for less” on linear TV – and the world’s biggest media buyer thinks the world’s biggest streaming service, Netflix, has an opportunity to start integrating brands. Netflix’s Microsoft-powered ads launch may have underwhelmed, but Juhl sees “wide open” space ahead.

GroupM’s global boss Christian Juhl, ANZ CEO Aimee Buchanan on Netflix ads, linear TV’s end game and why measurement sits at the heart of all marketer conundrums

GroupM global boss Christian Juhl says rival holdcos may now regret spending “billions of dollars on cookie-based solutions or personally identifiable information” as privacy moves dead centre in regulatory affairs.. Some, he says, “are going to be sitting on a razor’s edge about whether they are going to be compliant ... it will definitely have ramifications for the industry.” In the meantime, he says a key challenge facing marketers across every facet of their business, and fundamentally “how they justify these massive budgets to their CEOs” comes down to measurement. But building post-privacy metrics and proxies, per Juhl, is probably the most “dynamic” – read challenging – part of his business. GroupM is building its own econometric or “full funnel” models for brands because, says ANZ CEO Aimee Buchanan, market mix models focused on shorter-term campaign metrics no longer cut it. Meanwhile, both Juhl and Buchanan have been pushing hard on carbon-based trading. Culling low performing, high emitting inventory is the easiest first step, says Buchanan, followed by stripping out digital weight from creative assets. But both bosses are less aggressive than previous statements around moving ad dollars based on emissions. Likewise, no hard mandates on getting staff back in the office beyond “probably more than we are right now,” per Juhl with hybrid flex built-in. For now, three days is a rule of thumb. Plus, Juhl is unsure how long brands will “pay more for less” on linear TV – and the world’s biggest media buyer thinks the world’s biggest streaming service, Netflix, has an opportunity to start integrating brands. Netflix’s Microsoft-powered ads launch may have underwhelmed, but Juhl sees “wide open” space ahead.

52:02

EP304 - S1

6 Nov 23

Ecom’s boom meets reality check: Focus on CX, efficiency and making money kicks-in hard as Amazon ramps up, puts pure-plays under existential pressure

Ecom’s runaway train has hit the buffers. Now brands must sweat massive investments made over Covid much harder, grappling simultaneously with how to drive profitable growth without harming customer experience. Expect a wholesale to push into loyalty and retail media, per Accenture Song MD and ANZ Commerce Lead Peter Davias. Meanwhile, he thinks Amazon may finally present the threat that everyone feared a decade ago, with headwinds for Kogan and Catch potential auguries. Which means more aggressive competition is coming for everyone, just as consumers are tightening their belts, necessitating a laser-like focus on efficiency and de-risking fulfilment supply chains while fuelling a shift to cost-saving ‘headless’ tech stacks. L'Oréal has piled into ecom, launching nine direct-to-consumer sites since 2019. After that surge, the focus is squarely on “sustainable, profitable growth”, per Chief Digital and Marketing Officer, Georgia Hack, while using its new CDP to dive into “personalisation at scale” and push harder into social commerce to plot new growth. News Corp Australia is aiming for a slice of that action by priming consumers with content-driven headless commerce – which allows stores to effectively set up a store within its pages – and affiliate links, per News Corp Australia eCommerce Director, Adam Kron. Meanwhile Accenture Song’s Managing Director and Technology Lead, Josh Lamont, says the convergence of marketing, customer, digital and commerce functions is what’s driving both the rise of the Chief Customer Officer and the push by the big commerce technology platform players to move end-to-end, including into marketing. He thinks consulting firms will need to similarly converge marketing, sales, service, ecom and digital product teams – a step Accenture Song is now taking.

Ecom’s boom meets reality check: Focus on CX, efficiency and making money kicks-in hard as Amazon ramps up, puts pure-plays under existential pressure

Ecom’s runaway train has hit the buffers. Now brands must sweat massive investments made over Covid much harder, grappling simultaneously with how to drive profitable growth without harming customer experience. Expect a wholesale to push into loyalty and retail media, per Accenture Song MD and ANZ Commerce Lead Peter Davias. Meanwhile, he thinks Amazon may finally present the threat that everyone feared a decade ago, with headwinds for Kogan and Catch potential auguries. Which means more aggressive competition is coming for everyone, just as consumers are tightening their belts, necessitating a laser-like focus on efficiency and de-risking fulfilment supply chains while fuelling a shift to cost-saving ‘headless’ tech stacks. L'Oréal has piled into ecom, launching nine direct-to-consumer sites since 2019. After that surge, the focus is squarely on “sustainable, profitable growth”, per Chief Digital and Marketing Officer, Georgia Hack, while using its new CDP to dive into “personalisation at scale” and push harder into social commerce to plot new growth. News Corp Australia is aiming for a slice of that action by priming consumers with content-driven headless commerce – which allows stores to effectively set up a store within its pages – and affiliate links, per News Corp Australia eCommerce Director, Adam Kron. Meanwhile Accenture Song’s Managing Director and Technology Lead, Josh Lamont, says the convergence of marketing, customer, digital and commerce functions is what’s driving both the rise of the Chief Customer Officer and the push by the big commerce technology platform players to move end-to-end, including into marketing. He thinks consulting firms will need to similarly converge marketing, sales, service, ecom and digital product teams – a step Accenture Song is now taking.

51:58

EP304 - S1

2 Nov 23

‘It’s sharpened me up as a marketer’: Telstra CMO Brent Smart bids to link CX and rising NPS for non-believers, flip performance and brand investment ratios and systemise marketing team creativity, attention and MMM

While Telstra’s massive CX overhaul has powered net promoter scores through the roof – with NPS linked directly to executive bonuses – CMO Brent Smart says that’s only half the job. To grow, Telstra needs to go harder on brand to woo those that don’t even know about its sweeping digital overhaul, including aggrieved former customers. As such Telstra’s 80:20 performance to brand investment ratios won’t stay that way, but Smart says competing with the likes of JB HiFi and Harvey Norman plus rival telcos in the monthly acquisition battle royale “has really sharpened me up as a marketer.” Smart thinks too many firms are failing to properly link brand communications through to CX and performance, using the same off the shelf tools and “luggage matching” instead of truly being fit for platform. Meanwhile, he’s testing performance channels to gauge if they are delivering incremental growth versus sales that would have happened anyway – and similar tests at IAG threw up some interesting results.  Plus, Smart and Telstra are diving deeper into market mix modelling while building out a framework across the marketing function to “systemise and quantify” great creative work “without strangling it”. The latter is lifted from AB InBev’s award winning template. The former an attempt to demonstrate how marketing investment is delivering ROI and contributing to the bottom line. Between the two “I’d be lying if I said we could predict the impact of better creative,” per Smart. But in terms of media planning, he’s going all out for attention. “That definitely does change your channel choices,” says Smart – and there are winners and losers. Smart also fires back crisply at those suggesting Telstra’s new brand ad is lacking in branding.

‘It’s sharpened me up as a marketer’: Telstra CMO Brent Smart bids to link CX and rising NPS for non-believers, flip performance and brand investment ratios and systemise marketing team creativity, attention and MMM

While Telstra’s massive CX overhaul has powered net promoter scores through the roof – with NPS linked directly to executive bonuses – CMO Brent Smart says that’s only half the job. To grow, Telstra needs to go harder on brand to woo those that don’t even know about its sweeping digital overhaul, including aggrieved former customers. As such Telstra’s 80:20 performance to brand investment ratios won’t stay that way, but Smart says competing with the likes of JB HiFi and Harvey Norman plus rival telcos in the monthly acquisition battle royale “has really sharpened me up as a marketer.” Smart thinks too many firms are failing to properly link brand communications through to CX and performance, using the same off the shelf tools and “luggage matching” instead of truly being fit for platform. Meanwhile, he’s testing performance channels to gauge if they are delivering incremental growth versus sales that would have happened anyway – and similar tests at IAG threw up some interesting results.  Plus, Smart and Telstra are diving deeper into market mix modelling while building out a framework across the marketing function to “systemise and quantify” great creative work “without strangling it”. The latter is lifted from AB InBev’s award winning template. The former an attempt to demonstrate how marketing investment is delivering ROI and contributing to the bottom line. Between the two “I’d be lying if I said we could predict the impact of better creative,” per Smart. But in terms of media planning, he’s going all out for attention. “That definitely does change your channel choices,” says Smart – and there are winners and losers. Smart also fires back crisply at those suggesting Telstra’s new brand ad is lacking in branding.

58:04

EP303 - S1

30 Oct 23

4 billion streams and counting: News Corp Australia piles into vertical video, siphons audiences back from social, ties to commerce, bids to own mid-funnel between BVOD and social video

News Corp Australia had more than 4 billion short form video views last financial year across its own assets and social feeds and it’s changing the way the Murdoch empire delivers content. Vertical video is the big play as audiences and advertisers pile in. Even boss Michael Miller is getting in on the act. Now News has launched a master plan – dubbed News Shorts – to siphon those social audiences off the likes of TikTok (1.2bn of those streams), back to its owned assets and into its commerce engines. Director of Commercial Data, Video and Product, Paul Blackburn thinks it can get to 800m on-platform vertical video streams within the next 12 months, feeding its shoppable ad units and packaging a mid-funnel intent play. Per Blackburn: “The trajectory we’re on suggests that’s extremely doable.” Head of Ad Product and Strategy Ryan Hedditch says the vertical video play, sitting between BVOD and the top of the funnel and social at the bottom, presents “a big opportunity for planners to think differently about how they can capture and convert intent in the mid-funnel and push that through to conversion.” Travel brands in particular are already taking that approach, with one advertiser notching 75 per cent uplift in sales form response rates using vertical video and News Corp Australia’s data. Crucially, conversion – i.e. shopping – happens on platform, AKA headless commerce. “It essentially means the brand or the retailer can set up a store within our content,” says Blackburn. He thinks brands and buyers are beginning to wake up to what’s been presented to them on a plate.

4 billion streams and counting: News Corp Australia piles into vertical video, siphons audiences back from social, ties to commerce, bids to own mid-funnel between BVOD and social video

News Corp Australia had more than 4 billion short form video views last financial year across its own assets and social feeds and it’s changing the way the Murdoch empire delivers content. Vertical video is the big play as audiences and advertisers pile in. Even boss Michael Miller is getting in on the act. Now News has launched a master plan – dubbed News Shorts – to siphon those social audiences off the likes of TikTok (1.2bn of those streams), back to its owned assets and into its commerce engines. Director of Commercial Data, Video and Product, Paul Blackburn thinks it can get to 800m on-platform vertical video streams within the next 12 months, feeding its shoppable ad units and packaging a mid-funnel intent play. Per Blackburn: “The trajectory we’re on suggests that’s extremely doable.” Head of Ad Product and Strategy Ryan Hedditch says the vertical video play, sitting between BVOD and the top of the funnel and social at the bottom, presents “a big opportunity for planners to think differently about how they can capture and convert intent in the mid-funnel and push that through to conversion.” Travel brands in particular are already taking that approach, with one advertiser notching 75 per cent uplift in sales form response rates using vertical video and News Corp Australia’s data. Crucially, conversion – i.e. shopping – happens on platform, AKA headless commerce. “It essentially means the brand or the retailer can set up a store within our content,” says Blackburn. He thinks brands and buyers are beginning to wake up to what’s been presented to them on a plate.

38:09

EP302 - S1

26 Oct 23

Mi3 goes all-in on AI-powered Fast News and CustomerX launches; Capgemini, Coles 360, Salesforce, ThinkNewsBrands back initiatives - and unpack the market challenges coming...fast

This week’s podcast is a bit different. We’re unpacking two big new plays from Mi3: our first sector specific newsletter edition, CustomerX; and a daily generative AI-powered Fast News edition, where the machines, overseen by Mi3 editors, will crunch and distil the daily PR firehose of people moves, key announcements,  account changes and campaign launches across marketing, tech, media, agencies and consulting. Coles 360 and Capgemini are launch partners on CustomerX; Salesforce and ThinkNewsBrands are backing Fast News.  On CustomerX, Mi3’s Andrew Birmingham outlines the massive CX challenges facing brands. “They believe they can discern the intent of one buyer out of a billion in a millisecond … and they are striving not just to identify customers, but also to really better understand them. But the reality is many are going backwards,” says Birmingham, despite blowing vast sums on martech. CustomerX will dive deep into the weeds of CX, CRM and personalisation to gauge where customer transformation is headed next – and spotlight those successfully navigating rapidly shifting turf. Blackmores, Country Road, Village Roadshow and Compass Group make up issue one.  Meanwhile, generative AI is upending industries. But it also promises massive efficiency. Which is why Mi3 is meeting the inevitable head-on with Fast News: It means editors can remain focused on hard, shoe leather stories while the machines crunch transactional news faster. ThinkNewsBrands GM Vanessa Lyons unpacks why she’s backing the model, while Salesforce’s Leandro Perez outlines the watchouts – and massive gains – generative AI now presents for marketers as the cloud giant goes all-in - the challenges and opportunities spawned by generative AI for Mi3 and B2B publishing more broadly are precisely the same as those facing the core industry sectors Mi3 covers for marketers and marketing’s supply chain. For CustomerX, which launched yesterday, Coles 360 GM Paul Brooks hints at where the retail media player is headed next year – off network and closing the attribution loop; Capgemini marketing chief Tracy Gawthorne on why McDonald’s and Ikea are killing it in CX and loyalty.

Mi3 goes all-in on AI-powered Fast News and CustomerX launches; Capgemini, Coles 360, Salesforce, ThinkNewsBrands back initiatives - and unpack the market challenges coming...fast

This week’s podcast is a bit different. We’re unpacking two big new plays from Mi3: our first sector specific newsletter edition, CustomerX; and a daily generative AI-powered Fast News edition, where the machines, overseen by Mi3 editors, will crunch and distil the daily PR firehose of people moves, key announcements,  account changes and campaign launches across marketing, tech, media, agencies and consulting. Coles 360 and Capgemini are launch partners on CustomerX; Salesforce and ThinkNewsBrands are backing Fast News.  On CustomerX, Mi3’s Andrew Birmingham outlines the massive CX challenges facing brands. “They believe they can discern the intent of one buyer out of a billion in a millisecond … and they are striving not just to identify customers, but also to really better understand them. But the reality is many are going backwards,” says Birmingham, despite blowing vast sums on martech. CustomerX will dive deep into the weeds of CX, CRM and personalisation to gauge where customer transformation is headed next – and spotlight those successfully navigating rapidly shifting turf. Blackmores, Country Road, Village Roadshow and Compass Group make up issue one.  Meanwhile, generative AI is upending industries. But it also promises massive efficiency. Which is why Mi3 is meeting the inevitable head-on with Fast News: It means editors can remain focused on hard, shoe leather stories while the machines crunch transactional news faster. ThinkNewsBrands GM Vanessa Lyons unpacks why she’s backing the model, while Salesforce’s Leandro Perez outlines the watchouts – and massive gains – generative AI now presents for marketers as the cloud giant goes all-in - the challenges and opportunities spawned by generative AI for Mi3 and B2B publishing more broadly are precisely the same as those facing the core industry sectors Mi3 covers for marketers and marketing’s supply chain. For CustomerX, which launched yesterday, Coles 360 GM Paul Brooks hints at where the retail media player is headed next year – off network and closing the attribution loop; Capgemini marketing chief Tracy Gawthorne on why McDonald’s and Ikea are killing it in CX and loyalty.

40:03

EP301 - S1

23 Oct 23

BMW marketing boss flips strategy ahead of ‘overnight’ electric vehicle surge; Atomic 212 plans ‘single-minded big brand job’ to outpace ‘bi-polar’ auto rivals, reel-in Tesla

The Australian market has lagged on electric vehicles. But that’s changing fast says BMW’s top marketer Alex McLean, with EV sales this year making up 10 per cent of the total market after notching 300 per cent YoY growth. Next year BMW will have 14 EV variants in Australia – and the market shake-up means the Ultimate Driving Machine must flip its marketing strategy.

BMW marketing boss flips strategy ahead of ‘overnight’ electric vehicle surge; Atomic 212 plans ‘single-minded big brand job’ to outpace ‘bi-polar’ auto rivals, reel-in Tesla

The Australian market has lagged on electric vehicles. But that’s changing fast says BMW’s top marketer Alex McLean, with EV sales this year making up 10 per cent of the total market after notching 300 per cent YoY growth. Next year BMW will have 14 EV variants in Australia – and the market shake-up means the Ultimate Driving Machine must flip its marketing strategy.

32:15

EP300 - S1

19 Oct 23

‘Do we have to do this?’ Lego’s Troy Taylor and Initiative’s Chris Colter on letting go of ‘safe’ brand management to jump into Nitro Circus – double digit growth and MFA Grand Prix follows

Lego prides itself on being safe. Nothing wrong with safe, says ANZ Vice President and GM Troy Taylor, a safe-handed 21-year company veteran who’s presided over 16 consecutive years of growth. So he baulked when Initiative came up with a plan to partner with Nitro Circus to put the boosters on its new Lego City Stuntz range. He started to sweat. “My first thought was Mother energy drinks. Women in bikinis. Concerned mums in the stands waiting for kids to fall off motorbikes …. This sounds a bit risqué for a Danish brand … Do we have to do this?” per Taylor. “I was the resistor.” But sometimes, he says, “You just have to let go.” So he did – and Lego’s partnership with Nitro Circus delivered in spades, going global in the process. The upshot? Double-digit sales boost, massive jumps in desire and awareness – and a connection with an audience it hadn’t previously been reaching. Plus, it won the MFA’s 2023 Grand Prix. Lego’s Taylor and Initiative strategy & product chief Chris Colter unpack the process, the “cool currency” challenges in marketing to kids via their parents, why Lego Masters shows no signs of slowing, and the importance of sidestepping ‘care washing’ – even when you care more than most.

‘Do we have to do this?’ Lego’s Troy Taylor and Initiative’s Chris Colter on letting go of ‘safe’ brand management to jump into Nitro Circus – double digit growth and MFA Grand Prix follows

Lego prides itself on being safe. Nothing wrong with safe, says ANZ Vice President and GM Troy Taylor, a safe-handed 21-year company veteran who’s presided over 16 consecutive years of growth. So he baulked when Initiative came up with a plan to partner with Nitro Circus to put the boosters on its new Lego City Stuntz range. He started to sweat. “My first thought was Mother energy drinks. Women in bikinis. Concerned mums in the stands waiting for kids to fall off motorbikes …. This sounds a bit risqué for a Danish brand … Do we have to do this?” per Taylor. “I was the resistor.” But sometimes, he says, “You just have to let go.” So he did – and Lego’s partnership with Nitro Circus delivered in spades, going global in the process. The upshot? Double-digit sales boost, massive jumps in desire and awareness – and a connection with an audience it hadn’t previously been reaching. Plus, it won the MFA’s 2023 Grand Prix. Lego’s Taylor and Initiative strategy & product chief Chris Colter unpack the process, the “cool currency” challenges in marketing to kids via their parents, why Lego Masters shows no signs of slowing, and the importance of sidestepping ‘care washing’ – even when you care more than most.

42:41

EP299 - S1

16 Oct 23

Scentre Group, Westfield partners with businesses for growth as brands and retailers tap shopping’s experience boom – plus three spending megatrends with major Christmas implications.

Scentre Group’s Westfield destinations across Australia and New Zealand are seeing an increase of online pure-play retailers moving into retail and pop-up spaces as customer visitation grows. In the first half of this year, customer visitations increased to 314 million, that’s 9.8 per cent more than the same period in 2022.* Just don’t call them shopping centres. They are destinations, where people go to be entertained and Moore sees his competition not only rival retail destinations, but Netflix, theme parks or anywhere people choose to spend their time. Rebel Sport is tapping that rich vein: with a uniquely designed retail presence with direct access to the basketball court housed within Melbourne’s Westfield Knox, and Rebel’s sales are powering. Moore says brands – including e-com pure-players – are heading into Westfield destinations, with 450 new businesses incoming this year alone*. Plus, the 3.5m strong Westfield membership programme and overhauled analytics are delivering sharper intel. Don’t think spots, dots and audiences says Moore, think “need-states mindsets and customers”. And don’t think bricks versus clicks: “it’s just commerce”. Brands need to do both better – especially now: Latest research from insights firm Nature shows swathes of shoppers cutting back in at least one key category over the last 12 months. If they find cheaper brands that are just as good, that risks a cross-category snowball effect. Which means brands must work harder to keep them – but not with discounts, according to Nature’s Lizi Pritchard. As Christmas looms large, Pritchard unpacks three consumer spending megatrends that brands and retailers need to get across, fast.

Scentre Group, Westfield partners with businesses for growth as brands and retailers tap shopping’s experience boom – plus three spending megatrends with major Christmas implications.

Scentre Group’s Westfield destinations across Australia and New Zealand are seeing an increase of online pure-play retailers moving into retail and pop-up spaces as customer visitation grows. In the first half of this year, customer visitations increased to 314 million, that’s 9.8 per cent more than the same period in 2022.* Just don’t call them shopping centres. They are destinations, where people go to be entertained and Moore sees his competition not only rival retail destinations, but Netflix, theme parks or anywhere people choose to spend their time. Rebel Sport is tapping that rich vein: with a uniquely designed retail presence with direct access to the basketball court housed within Melbourne’s Westfield Knox, and Rebel’s sales are powering. Moore says brands – including e-com pure-players – are heading into Westfield destinations, with 450 new businesses incoming this year alone*. Plus, the 3.5m strong Westfield membership programme and overhauled analytics are delivering sharper intel. Don’t think spots, dots and audiences says Moore, think “need-states mindsets and customers”. And don’t think bricks versus clicks: “it’s just commerce”. Brands need to do both better – especially now: Latest research from insights firm Nature shows swathes of shoppers cutting back in at least one key category over the last 12 months. If they find cheaper brands that are just as good, that risks a cross-category snowball effect. Which means brands must work harder to keep them – but not with discounts, according to Nature’s Lizi Pritchard. As Christmas looms large, Pritchard unpacks three consumer spending megatrends that brands and retailers need to get across, fast.

38:57

EP298 - S1

12 Oct 23

Letting the marketing effectiveness rulebook do the talking: Tourism Australia CMO Susan Coghill and Mark Ritson on why Say G’Day’s success has silenced doubters – and will keep rolling for years

The naysayers scoffed when Tourism Australia made a CGI Kangaroo and 1984’s Say G’Day tagline the main roll of a $125m tax-funded bet to bring the world back to Australia after three years of fire and plague. One year on, those “doofuses” are eating their words, per Mark Ritson, as the kangaroo eliminates misattribution, boosts consideration, delivers travellers in droves, primes high spending tourists to plan trips for next year and beyond, and remains at the very top end of System1’s effectiveness league table. Funnily enough, say Ritson and Tourism Australia CMO, Susan Coghill, following the marketing effectiveness playbook actually works – and the armchair critics were never the intended target. While Tourism Australia is now heading into a statutory review of its creative agency roster, don’t expect much to change platform-wise – which means more budget to keep hammering the message home, building brand and delivering demand. Ritson reckons it could run for 20 years without wearing out. Coghill’s planning for at least four. Here’s how Coghill did her homework, sold it in to stakeholders, went to market and how it’s tracking – and why, per Ritson, 20-30 per cent of marketers will never make the top grade because they cannot get comfortable with imperfect marketing datasets.

Letting the marketing effectiveness rulebook do the talking: Tourism Australia CMO Susan Coghill and Mark Ritson on why Say G’Day’s success has silenced doubters – and will keep rolling for years

The naysayers scoffed when Tourism Australia made a CGI Kangaroo and 1984’s Say G’Day tagline the main roll of a $125m tax-funded bet to bring the world back to Australia after three years of fire and plague. One year on, those “doofuses” are eating their words, per Mark Ritson, as the kangaroo eliminates misattribution, boosts consideration, delivers travellers in droves, primes high spending tourists to plan trips for next year and beyond, and remains at the very top end of System1’s effectiveness league table. Funnily enough, say Ritson and Tourism Australia CMO, Susan Coghill, following the marketing effectiveness playbook actually works – and the armchair critics were never the intended target. While Tourism Australia is now heading into a statutory review of its creative agency roster, don’t expect much to change platform-wise – which means more budget to keep hammering the message home, building brand and delivering demand. Ritson reckons it could run for 20 years without wearing out. Coghill’s planning for at least four. Here’s how Coghill did her homework, sold it in to stakeholders, went to market and how it’s tracking – and why, per Ritson, 20-30 per cent of marketers will never make the top grade because they cannot get comfortable with imperfect marketing datasets.

01:04:40

EP297 - S1

9 Oct 23

‘Binet & Field, Mark Ritson, Byron Sharp applied’: Cummins & Partners chief backs Mutinex deal to beat Audi’s famed econometrics prowess, charge brands less, earn more with new model; prove creative’s business impact

Cummins&Partners CEO Michael McConville returned home to Australia last year after five years at the helm of adam&eveDDB, home of effectiveness guru Les Binet – and where he was steeped in econometric modelling with the likes of John Lewis and Volkswagen. One marketer within the Volkswagen Audi Group, Benjamin Braun, nailed econometrics to the point that he could “forecast within 32 units [i.e. cars] what their campaign spend was going to get them in terms of sales”, per McConville. He’s aiming to go one better, probably with clients like Jeep and McCain although he won’t say just yet, after inking an exclusive creative agency deal with Mutinex for econometric modelling in real time. “We'll be looking to beat Audi,” says McConville. “This is a step ahead of what I’d been using in the past by a long way … This is the beginning of an industry repositioning. This is a form of applied marketing science … and agencies won't have excuses anymore to not put this sort of thing forward to clients.” Plus, he’s using it to change Cummins&Partners fee structures: less upfront, more of the client business upside later. “Creativity won't be talked about as a big bet anymore,” reckons McConville. “It's a sure thing.” And that, he says, will make marketing a growth centre once again.

‘Binet & Field, Mark Ritson, Byron Sharp applied’: Cummins & Partners chief backs Mutinex deal to beat Audi’s famed econometrics prowess, charge brands less, earn more with new model; prove creative’s business impact

Cummins&Partners CEO Michael McConville returned home to Australia last year after five years at the helm of adam&eveDDB, home of effectiveness guru Les Binet – and where he was steeped in econometric modelling with the likes of John Lewis and Volkswagen. One marketer within the Volkswagen Audi Group, Benjamin Braun, nailed econometrics to the point that he could “forecast within 32 units [i.e. cars] what their campaign spend was going to get them in terms of sales”, per McConville. He’s aiming to go one better, probably with clients like Jeep and McCain although he won’t say just yet, after inking an exclusive creative agency deal with Mutinex for econometric modelling in real time. “We'll be looking to beat Audi,” says McConville. “This is a step ahead of what I’d been using in the past by a long way … This is the beginning of an industry repositioning. This is a form of applied marketing science … and agencies won't have excuses anymore to not put this sort of thing forward to clients.” Plus, he’s using it to change Cummins&Partners fee structures: less upfront, more of the client business upside later. “Creativity won't be talked about as a big bet anymore,” reckons McConville. “It's a sure thing.” And that, he says, will make marketing a growth centre once again.

42:49

EP296 - S1

3 Oct 23

‘ESG is facing its GDPR moment’: From 1 Jan European regulations will ‘change the game’ on global sustainability reporting – lawsuits, jail time have C-suite ‘freaking out’, marketing reined-in

Spreadsheets are not going to save the planet. The threat of jail time might. “The world is facing enormous challenges, the clock is ticking, we are in an emergency,” says Ari Alexander, VP and GM, Salesforce Net Zero Cloud. Yet most businesses are all over the place when it comes to their environmental data. That makes it calculating where they are at nigh impossible, “let alone where they are going.” But regulators in the US and Europe are mobilising to make environmental reporting data as robust as financial data – and new standards will have profound implications for businesses globally. They can no longer hide, says Alexander, and the regulation is moving away from product-based carbon footprinting to enterprise-wide. As a result, marketers are already pulling back from green claims, with CPG giant Unilever being sued in Europe, per Alexander. He thinks it’s just the tip of the iceberg. 

‘ESG is facing its GDPR moment’: From 1 Jan European regulations will ‘change the game’ on global sustainability reporting – lawsuits, jail time have C-suite ‘freaking out’, marketing reined-in

Spreadsheets are not going to save the planet. The threat of jail time might. “The world is facing enormous challenges, the clock is ticking, we are in an emergency,” says Ari Alexander, VP and GM, Salesforce Net Zero Cloud. Yet most businesses are all over the place when it comes to their environmental data. That makes it calculating where they are at nigh impossible, “let alone where they are going.” But regulators in the US and Europe are mobilising to make environmental reporting data as robust as financial data – and new standards will have profound implications for businesses globally. They can no longer hide, says Alexander, and the regulation is moving away from product-based carbon footprinting to enterprise-wide. As a result, marketers are already pulling back from green claims, with CPG giant Unilever being sued in Europe, per Alexander. He thinks it’s just the tip of the iceberg. 

33:20

EP295 - S1

25 Sep 23

Work from home changed out of home audiences… for good: How Stan, luxury and lifestyle advertisers are cleaning up in Sydney as a result – QMS has the data to prove it

QMS landed the City of Sydney deal – one of the biggest contracts in Australian advertising history – in June 2020. Then Covid changed commuter patterns seemingly forever. Work from home initially left outdoor media companies sweating, not least QMS’s private equity owners Quadrant, given the scale of outlay required to build an entirely new City of Sydney network. But total audiences are now back to 2019 levels, out of home is powering and major advertisers reckon the shake-up is working in their favour. Stan CMO, Diana Ilinkovski, says the firm is getting a broader leisure-commuter mix within the 2.6m weekly sets of city eyeballs, enabling it to drive subscriber growth despite consumer belt tightening. Plus, the network’s digital flexibility means it can be far more agile in its messaging, targeting and creative optimisation. Bigger, brighter screens, per Ilinkovski, also boost cut-through – and QMS now has the in-day data to prove when, where and who those ads are hitting. Alongside lifestyle and entertainment, QMS Executive General Manager Mark Fairhurst says luxury advertisers are piling in, with the firm opening up a new batch of kiosk assets to further tap that literal rich vein. Plus its 3D screens are expanding – and Fairhurst reckons neither Sydney-siders nor advertisers will be able to miss what QMS calls ‘3DOOH’. Flight Centre is already on board, Maybelline is literally pushing product out of the screen and into the street and Ilinkovski hints Stan Sport may soon be kicking some 3D goals.

Work from home changed out of home audiences… for good: How Stan, luxury and lifestyle advertisers are cleaning up in Sydney as a result – QMS has the data to prove it

QMS landed the City of Sydney deal – one of the biggest contracts in Australian advertising history – in June 2020. Then Covid changed commuter patterns seemingly forever. Work from home initially left outdoor media companies sweating, not least QMS’s private equity owners Quadrant, given the scale of outlay required to build an entirely new City of Sydney network. But total audiences are now back to 2019 levels, out of home is powering and major advertisers reckon the shake-up is working in their favour. Stan CMO, Diana Ilinkovski, says the firm is getting a broader leisure-commuter mix within the 2.6m weekly sets of city eyeballs, enabling it to drive subscriber growth despite consumer belt tightening. Plus, the network’s digital flexibility means it can be far more agile in its messaging, targeting and creative optimisation. Bigger, brighter screens, per Ilinkovski, also boost cut-through – and QMS now has the in-day data to prove when, where and who those ads are hitting. Alongside lifestyle and entertainment, QMS Executive General Manager Mark Fairhurst says luxury advertisers are piling in, with the firm opening up a new batch of kiosk assets to further tap that literal rich vein. Plus its 3D screens are expanding – and Fairhurst reckons neither Sydney-siders nor advertisers will be able to miss what QMS calls ‘3DOOH’. Flight Centre is already on board, Maybelline is literally pushing product out of the screen and into the street and Ilinkovski hints Stan Sport may soon be kicking some 3D goals.

28:39

EP294 - S1

21 Sep 23

’15 versions of creative for multiple platforms is not marketing…it's just operations’: How Salesforce APAC CMO Leandro Perez’s 100-plus team is selling AI to the world - and applying it to reinvent their marketing roles and remits

After a wild week at Salesforce’s global jamboree in San Francisco, the tech giant’s full flip to generative AI was relentlessly hammered home. Like most, the heat is on APAC marketing boss Leandro Perez and his 100-plus regional marketing team to walk the talk,  applying Salesforce’s new AI-powered capabilities to his own operation. Perez claims it’s working – from freeing up masses of time to iterate social posts on different platforms, to summarising Slack meetings, driving thousands of personalised iterations and interactions on its website, notching up to 80 per cent engagement rates on email campaigns – and potentially turning customer service teams into sales teams - at least partially. But Perez insists all those productivity gains won’t see teams hollowed out. “We never have enough people to do what we need to do anyway, especially if you have big visions from brand to demand.” Creating 15 versions of a social post and scheduling it “isn’t marketing” anyway, he says, “it’s just operations work. So I personally am not getting any pressure to reduce as a team.” Perez says the major B2B firms he’s speaking with all proffer similar lines. If anything, says Perez, generative AI gains mean he can ask for greater resource – because he can prove to leadership that marketing is powering through greater workloads, in turn driving sales growth. And APAC is Salesforce’s fastest growing market globally. Here’s a few insider learnings from a company selling AI to the world. And where B2B marketing is headed next.

’15 versions of creative for multiple platforms is not marketing…it's just operations’: How Salesforce APAC CMO Leandro Perez’s 100-plus team is selling AI to the world - and applying it to reinvent their marketing roles and remits

After a wild week at Salesforce’s global jamboree in San Francisco, the tech giant’s full flip to generative AI was relentlessly hammered home. Like most, the heat is on APAC marketing boss Leandro Perez and his 100-plus regional marketing team to walk the talk,  applying Salesforce’s new AI-powered capabilities to his own operation. Perez claims it’s working – from freeing up masses of time to iterate social posts on different platforms, to summarising Slack meetings, driving thousands of personalised iterations and interactions on its website, notching up to 80 per cent engagement rates on email campaigns – and potentially turning customer service teams into sales teams - at least partially. But Perez insists all those productivity gains won’t see teams hollowed out. “We never have enough people to do what we need to do anyway, especially if you have big visions from brand to demand.” Creating 15 versions of a social post and scheduling it “isn’t marketing” anyway, he says, “it’s just operations work. So I personally am not getting any pressure to reduce as a team.” Perez says the major B2B firms he’s speaking with all proffer similar lines. If anything, says Perez, generative AI gains mean he can ask for greater resource – because he can prove to leadership that marketing is powering through greater workloads, in turn driving sales growth. And APAC is Salesforce’s fastest growing market globally. Here’s a few insider learnings from a company selling AI to the world. And where B2B marketing is headed next.

26:06

EP293 - S1

18 Sep 23

‘Decade of growth ahead for native content’ as brands move beyond ineffective repurposed ads and spreadsheets to reach 18m Australians; Luke Spano and Tim Duggan on standardising, scaling and media diversity mandates

The world “hates ads”, reckons Avid Collective boss Luke Spano. But high dwell times and engagement rates suggest they like native content. Marketers know this, but native content has been fragmented and highly manual, akin to insertion orders pre-programmatic. With little standardisation and patchy reporting metrics it couldn’t scale. While the likes of Taboola and Outbrain have hooked major publishers, they have “dirtied” native content’s reputation, per Spano. He suggests they are largely just repurposed ads. Avid Collective is bidding to fix all that. Locally, the firm has landed deals with the likes of Destination Gold Coast and ANZ-owned Cashrewards working with publishers from The Guardian and The Daily Mail through to Urban List and The Betoota Advocate as part of a 140-strong publisher network and platform that Spano claims reaches 18 million Australians, from students to boomers. It’s moving the needle for brands, says Spano, because those publishers along with Avid’s strategists create bespoke content they know will land with their audiences, not filler. Digital Publishers Alliance chair Tim Duggan spent years explaining native to marketers after founding Junkee. Avid’s platform would have cut dead time. But some of the 55 publishers in his alliance are piling in – eyeing major upside from native content over the next decade as marketers seek cost-efficient growth and greater media diversity as part of ESG mandates. Agencies are buying-in, per Spano, driving 70 per cent of spend on the platform. He’s aiming for 80-90 per cent by next year. After that Avid Collective aims to go global.

‘Decade of growth ahead for native content’ as brands move beyond ineffective repurposed ads and spreadsheets to reach 18m Australians; Luke Spano and Tim Duggan on standardising, scaling and media diversity mandates

The world “hates ads”, reckons Avid Collective boss Luke Spano. But high dwell times and engagement rates suggest they like native content. Marketers know this, but native content has been fragmented and highly manual, akin to insertion orders pre-programmatic. With little standardisation and patchy reporting metrics it couldn’t scale. While the likes of Taboola and Outbrain have hooked major publishers, they have “dirtied” native content’s reputation, per Spano. He suggests they are largely just repurposed ads. Avid Collective is bidding to fix all that. Locally, the firm has landed deals with the likes of Destination Gold Coast and ANZ-owned Cashrewards working with publishers from The Guardian and The Daily Mail through to Urban List and The Betoota Advocate as part of a 140-strong publisher network and platform that Spano claims reaches 18 million Australians, from students to boomers. It’s moving the needle for brands, says Spano, because those publishers along with Avid’s strategists create bespoke content they know will land with their audiences, not filler. Digital Publishers Alliance chair Tim Duggan spent years explaining native to marketers after founding Junkee. Avid’s platform would have cut dead time. But some of the 55 publishers in his alliance are piling in – eyeing major upside from native content over the next decade as marketers seek cost-efficient growth and greater media diversity as part of ESG mandates. Agencies are buying-in, per Spano, driving 70 per cent of spend on the platform. He’s aiming for 80-90 per cent by next year. After that Avid Collective aims to go global.

41:46

EP292 - S1

14 Sep 23

Even a shrink couldn’t fix media agencies’ narrow mindset: Why Dave Gaines ditched GroupM to build Media by Mother, takes no mark-ups on media buying – “just data entry” – KPIs staff on learning, planning Apac launch

After two decades at GroupM, Dave Gaines quit to launch Media by Mother, an offshoot of creative London hotshop Mother that he reckons may ultimately be subsumed by its progeny. A major frustration with the WPP-owned business, per Gaines, was the inability for swathes of its people to think laterally, critically and stay curious. He hired a shrink to try and fix the problem, and then tried to take a creative-agency led approach to media within WPP. Ultimately, neither worked. Now Media by Mother staff – many liberal arts grads – are KPI’d to read, listen and learn outside of their current remits to better understand the bigger picture. If they do, they get up to 15 per cent more salary. If they don’t, “there are plenty of other places they can work.” The agency doesn’t make any money from trading media, “the money flows through their pipes, not ours”, and Gaines says media buying is a misnomer: “it’s just data entry”. Meanwhile, he reckons those arguing over Recma billings rankings are bald men fighting over a comb: “If you think scale is important, you don't know how an auction works.” After hitting its five-year growth targets in two years, Media by Mother is now planning an Apac office, and a Naked 2.0 model – except with execution, which Gaines reckons was Naked’s downfall. Its precise Apac location will be determined by finding curious, T-shaped contextual operators. He reckons Australians are better at that than US peers… but it’s a low bar.

Even a shrink couldn’t fix media agencies’ narrow mindset: Why Dave Gaines ditched GroupM to build Media by Mother, takes no mark-ups on media buying – “just data entry” – KPIs staff on learning, planning Apac launch

After two decades at GroupM, Dave Gaines quit to launch Media by Mother, an offshoot of creative London hotshop Mother that he reckons may ultimately be subsumed by its progeny. A major frustration with the WPP-owned business, per Gaines, was the inability for swathes of its people to think laterally, critically and stay curious. He hired a shrink to try and fix the problem, and then tried to take a creative-agency led approach to media within WPP. Ultimately, neither worked. Now Media by Mother staff – many liberal arts grads – are KPI’d to read, listen and learn outside of their current remits to better understand the bigger picture. If they do, they get up to 15 per cent more salary. If they don’t, “there are plenty of other places they can work.” The agency doesn’t make any money from trading media, “the money flows through their pipes, not ours”, and Gaines says media buying is a misnomer: “it’s just data entry”. Meanwhile, he reckons those arguing over Recma billings rankings are bald men fighting over a comb: “If you think scale is important, you don't know how an auction works.” After hitting its five-year growth targets in two years, Media by Mother is now planning an Apac office, and a Naked 2.0 model – except with execution, which Gaines reckons was Naked’s downfall. Its precise Apac location will be determined by finding curious, T-shaped contextual operators. He reckons Australians are better at that than US peers… but it’s a low bar.

51:59

EP291 - S1

11 Sep 23

Taking retailer media up the funnel, how $305m for Olympics rights may prove cheap, why media buyers are wrong about Stan ads, and TV’s 10 per cent audience boost

Media buyers this week applauded Nine’s retailer media launch – but wanted more detail. They always do. Sales chief Michael Stephenson and CMO Liana Dubois unpack it here, alongside Nine’s bid to take the fight to Meta, Google and TikTok with a self-serve AI-powered ad platform aimed squarely at Australia’s 2.5 million small businesses currently spending $1.5bn a year on “less efficient” social video. For big advertisers, Nine is bringing all its data, reach and assets to bear as it fires the starter pistol on a decade-long Olympics run, with new ‘9Tribes’ or segments being created from 20 million signed in users and new ways to match. Dubois is backing the games to drive major audience growth – and help convert light and lapsed viewers to heavy long-term users. Either way, she says Australia’s population will be at 30m by 2032, which means TV, and every other media channel, has 3.5m more eyeballs to aim for – and user experience will determine winners. Media buyers at Nine’s Upfront also warned the network is making a “big mistake” by not following the likes of Netflix and Foxtel into SVOD advertising. Stephenson insists they are wrong.

Taking retailer media up the funnel, how $305m for Olympics rights may prove cheap, why media buyers are wrong about Stan ads, and TV’s 10 per cent audience boost

Media buyers this week applauded Nine’s retailer media launch – but wanted more detail. They always do. Sales chief Michael Stephenson and CMO Liana Dubois unpack it here, alongside Nine’s bid to take the fight to Meta, Google and TikTok with a self-serve AI-powered ad platform aimed squarely at Australia’s 2.5 million small businesses currently spending $1.5bn a year on “less efficient” social video. For big advertisers, Nine is bringing all its data, reach and assets to bear as it fires the starter pistol on a decade-long Olympics run, with new ‘9Tribes’ or segments being created from 20 million signed in users and new ways to match. Dubois is backing the games to drive major audience growth – and help convert light and lapsed viewers to heavy long-term users. Either way, she says Australia’s population will be at 30m by 2032, which means TV, and every other media channel, has 3.5m more eyeballs to aim for – and user experience will determine winners. Media buyers at Nine’s Upfront also warned the network is making a “big mistake” by not following the likes of Netflix and Foxtel into SVOD advertising. Stephenson insists they are wrong.

47:13

EP290 - S1

7 Sep 23

Tabcorp customer chief Jenni Barnett stems digital haemorrhage to snappier rivals; bins bad media deals, restructures teams, now gunning for 10x conversion via ‘personalisation to context’

Since leaving Telstra to take on a wide-ranging c-suite role at Tabcorp – spanning product, data and data science, customer experience and personalisation, brand, marketing and sponsorship with revenue responsibility – Chief Customer Officer Jenni Barnett has hit the turf running. The betting firm was haemorrhaging customers to digitally-savvier, free-spending rivals like Sportsbet and Ladbrokes. One year in, she’s stemmed the flow after launching a new app and migrating nearly a million customers within months to make the Spring Racing Carnival, driving ten updates since and KPI-ing the whole firm on digital revenue share. Customer experience is the key battleground per Barnett – and she’s front-running regulation and pulling Tabcorp out of daytime TV. To reel-in rivals she’s undertaken a sweeping overhaul of the marketing, digital, data and product teams and their capabilities – and pushed talent to develop quickly. Game on.

Tabcorp customer chief Jenni Barnett stems digital haemorrhage to snappier rivals; bins bad media deals, restructures teams, now gunning for 10x conversion via ‘personalisation to context’

Since leaving Telstra to take on a wide-ranging c-suite role at Tabcorp – spanning product, data and data science, customer experience and personalisation, brand, marketing and sponsorship with revenue responsibility – Chief Customer Officer Jenni Barnett has hit the turf running. The betting firm was haemorrhaging customers to digitally-savvier, free-spending rivals like Sportsbet and Ladbrokes. One year in, she’s stemmed the flow after launching a new app and migrating nearly a million customers within months to make the Spring Racing Carnival, driving ten updates since and KPI-ing the whole firm on digital revenue share. Customer experience is the key battleground per Barnett – and she’s front-running regulation and pulling Tabcorp out of daytime TV. To reel-in rivals she’s undertaken a sweeping overhaul of the marketing, digital, data and product teams and their capabilities – and pushed talent to develop quickly. Game on.

40:52

EP289 - S1

4 Sep 23

Retail media goes upmarket: David Jones CMO targets auto, travel, lifestyle brands in premium tilt, touts 5.4m high-end shoppers across stores, online and open web as crunch-resistant customers keep spending

David Jones’ new retail media business wants brand budgets – both from the suppliers it already works with as well as wooing marketers across travel, automotive and lifestyle. CMO James Holloman is backing shopper data from 5.4 million premium David Jones customers – and the ability to hyper-target them across DJs stores and digital assets as well as across the open web – in a plan to woo marketers to spend with its new Amplify media unit. Years in the making, Holloman needed to convince powerful merchandising teams to cede control of how they strike deals with suppliers while building a tech stack from scratch and centralising control of its sprawling assets. Now the marketing-run Amplify has its own P&L and great management expectations. Jonathan Hopkins, whose firm Sonder helped value DJ’s assets and develop the media business, says the average department store retailer in Australia could make $34m annually from media. But that’s the average, and DJs is top-end, with 55m annual store visits and 110m hits to its website. It’s loyalty data-powered offsite media revenue could be significant but Holloman’s not putting a figure out there, and shies away from any suggestion it’s a ‘Cartology for premium shoppers’. “It’s early days,” he says. “But we’ve got ambitious targets.” Here’s how Australia’s oldest retailer got into the newest, fastest-growing media game in town – and where it’s headed next.

Retail media goes upmarket: David Jones CMO targets auto, travel, lifestyle brands in premium tilt, touts 5.4m high-end shoppers across stores, online and open web as crunch-resistant customers keep spending

David Jones’ new retail media business wants brand budgets – both from the suppliers it already works with as well as wooing marketers across travel, automotive and lifestyle. CMO James Holloman is backing shopper data from 5.4 million premium David Jones customers – and the ability to hyper-target them across DJs stores and digital assets as well as across the open web – in a plan to woo marketers to spend with its new Amplify media unit. Years in the making, Holloman needed to convince powerful merchandising teams to cede control of how they strike deals with suppliers while building a tech stack from scratch and centralising control of its sprawling assets. Now the marketing-run Amplify has its own P&L and great management expectations. Jonathan Hopkins, whose firm Sonder helped value DJ’s assets and develop the media business, says the average department store retailer in Australia could make $34m annually from media. But that’s the average, and DJs is top-end, with 55m annual store visits and 110m hits to its website. It’s loyalty data-powered offsite media revenue could be significant but Holloman’s not putting a figure out there, and shies away from any suggestion it’s a ‘Cartology for premium shoppers’. “It’s early days,” he says. “But we’ve got ambitious targets.” Here’s how Australia’s oldest retailer got into the newest, fastest-growing media game in town – and where it’s headed next.

32:24

EP288 - S1

28 Aug 23

Lessons from billion dollar Barbenheimer: Brands to rethink IP marketing, merch as Hoyts, Val Morgan bosses say marketers scrambling for ‘next ten Barbies’ - Kia, AAMI, Chemist Warehouse win big

The experts at Hoyts and Val Morgan didn’t see it coming quite as it did. Hoyts CEO Damian Keogh says he was “laughed out of the room” for suggesting Barbie would take $35m at the Australian box office. It will do double that – meaning Margot Robbie’s not the only one in the pink. Kia, AAMi, Chemist Warehouse, Modibodi and Nintendo aside, marketers are kicking themselves for being equally blind to the opportunity. Now Val Morgan’s phone is ringing hot with advertisers “asking what are our next ten Barbies”, per MD Guy Burbidge. He and Keogh have a good idea what they are. They think the lesson for brands is to think earlier and smarter about IP marketing. Meanwhile, Barbenheimer has brought lapsed cinema audiences back to screens – 15 per cent hadn’t been for a year, per Hoyts 2.5 million member loyalty data – auguring well for a year in which the box office is powering back to the billion dollar mark. Plus, says Burbidge, cinema’s investment in attention data is having a “significant” revenue impact as marketers seek mass cultural alternatives to sport. Here’s the next big screen bets they think marketers should be laying over the next 12 months.

Lessons from billion dollar Barbenheimer: Brands to rethink IP marketing, merch as Hoyts, Val Morgan bosses say marketers scrambling for ‘next ten Barbies’ - Kia, AAMI, Chemist Warehouse win big

The experts at Hoyts and Val Morgan didn’t see it coming quite as it did. Hoyts CEO Damian Keogh says he was “laughed out of the room” for suggesting Barbie would take $35m at the Australian box office. It will do double that – meaning Margot Robbie’s not the only one in the pink. Kia, AAMi, Chemist Warehouse, Modibodi and Nintendo aside, marketers are kicking themselves for being equally blind to the opportunity. Now Val Morgan’s phone is ringing hot with advertisers “asking what are our next ten Barbies”, per MD Guy Burbidge. He and Keogh have a good idea what they are. They think the lesson for brands is to think earlier and smarter about IP marketing. Meanwhile, Barbenheimer has brought lapsed cinema audiences back to screens – 15 per cent hadn’t been for a year, per Hoyts 2.5 million member loyalty data – auguring well for a year in which the box office is powering back to the billion dollar mark. Plus, says Burbidge, cinema’s investment in attention data is having a “significant” revenue impact as marketers seek mass cultural alternatives to sport. Here’s the next big screen bets they think marketers should be laying over the next 12 months.

23:01

EP287 - S1

21 Aug 23

‘Monumental gains’: SCA chief marketer Nikki Clarkson on how broadcaster bet the farm building new customer platform from zip to 1.5m users, collapsed exec silos and forced new marketing skills beyond brand comms

Just about every B2C business is trying to build superglue stickiness into their user platforms. Nimble start-ups, at least prior to the big VC squeeze, were the poster children, leaving big legacy firms foundering in their wake. But SCA’s pivot to uber app Listnr is a standout exception, reinventing its digital audience business and building a new brand from scratch – pretty much all in-house. Launched mid-Covid in a bid to see off local incursion from the likes of Apple, Spotify and iHeart, Listnr has already powered past 1.5m signed-up users. Now SCA is using the logged-in data – alongside a new martech stack and digitally upskilled marketing department – to move the needle across acquisition, retention and engagement, while giving advertisers sharper incentive to spend. CMO Nikki Clarkson said the pivot required the entire business to suspend traditional thinking – from finance, sales, marketing, content, distribution, research and tech – without dropping the ball on its day-to-day game. Then the business had to go through a major systems overhaul while learning the language of tech and customer experience. But she says the pay-off and ROI is already landing, with marketing alone making “monumental gains” by aligning sharper digital tools with brand-building assets. Her takeout for those planning mass audience transformations? Go broad or go home.

‘Monumental gains’: SCA chief marketer Nikki Clarkson on how broadcaster bet the farm building new customer platform from zip to 1.5m users, collapsed exec silos and forced new marketing skills beyond brand comms

Just about every B2C business is trying to build superglue stickiness into their user platforms. Nimble start-ups, at least prior to the big VC squeeze, were the poster children, leaving big legacy firms foundering in their wake. But SCA’s pivot to uber app Listnr is a standout exception, reinventing its digital audience business and building a new brand from scratch – pretty much all in-house. Launched mid-Covid in a bid to see off local incursion from the likes of Apple, Spotify and iHeart, Listnr has already powered past 1.5m signed-up users. Now SCA is using the logged-in data – alongside a new martech stack and digitally upskilled marketing department – to move the needle across acquisition, retention and engagement, while giving advertisers sharper incentive to spend. CMO Nikki Clarkson said the pivot required the entire business to suspend traditional thinking – from finance, sales, marketing, content, distribution, research and tech – without dropping the ball on its day-to-day game. Then the business had to go through a major systems overhaul while learning the language of tech and customer experience. But she says the pay-off and ROI is already landing, with marketing alone making “monumental gains” by aligning sharper digital tools with brand-building assets. Her takeout for those planning mass audience transformations? Go broad or go home.

36:13

EP286 - S1

14 Aug 23

Lion’s ex-CMO, now Chief Growth Officer trailblazes with company-wide IT budgets and strategy, M&A, marketing and innovation agenda; Anubha Sahasrabuddhe sets 500-day target to flip IT culture to customers

Tectonic movement is reshaping blue chip marketing with remits expanding by the day. Coles and IAG replaced the CMO role with Chief Customer officers. ANZ CMO Sweta Mehra was last month promoted to Managing Director of ANZ’s Everyday Banking business. But Lion’s latest move tops the lot for adventure. Anubha Sahasrabuddhe in February became Chief Growth Officer at the $3bn drinks firm. The former Mars global marketing chief has responsibility for marketing, M&A plus enterprise-wide transformational innovation beyond new product development. Just to make things more interesting she’s also been handed responsibility for IT and technology. Which means the CMO is now effectively CTO, CIO and CDO to boot. Lion CEO Sam Fischer, former APAC chief at Diageo, is backing Sahasrabuddhe to deliver. She’s given herself and her team 500 days to move the needle and reengineer the company’s culture, including IT, entirely around the customer. “If we can't demonstrate sufficient progress, then we can't justify our existence,” says Sahasrabuddhe. “The days are ticking.” This podcast is as wide-ranging as the remit. Tuck in.

Lion’s ex-CMO, now Chief Growth Officer trailblazes with company-wide IT budgets and strategy, M&A, marketing and innovation agenda; Anubha Sahasrabuddhe sets 500-day target to flip IT culture to customers

Tectonic movement is reshaping blue chip marketing with remits expanding by the day. Coles and IAG replaced the CMO role with Chief Customer officers. ANZ CMO Sweta Mehra was last month promoted to Managing Director of ANZ’s Everyday Banking business. But Lion’s latest move tops the lot for adventure. Anubha Sahasrabuddhe in February became Chief Growth Officer at the $3bn drinks firm. The former Mars global marketing chief has responsibility for marketing, M&A plus enterprise-wide transformational innovation beyond new product development. Just to make things more interesting she’s also been handed responsibility for IT and technology. Which means the CMO is now effectively CTO, CIO and CDO to boot. Lion CEO Sam Fischer, former APAC chief at Diageo, is backing Sahasrabuddhe to deliver. She’s given herself and her team 500 days to move the needle and reengineer the company’s culture, including IT, entirely around the customer. “If we can't demonstrate sufficient progress, then we can't justify our existence,” says Sahasrabuddhe. “The days are ticking.” This podcast is as wide-ranging as the remit. Tuck in.

45:42

EP285 - S1

7 Aug 23

'We’re going all in’: SXSW’s biggest tribes are brands, marketing, tech as Sydney gig aims for Southern hemisphere creative, innovation super event; Seven plots biggest overhaul of Upfronts format in decades with full-week SxSW program

Uber launched at South by Southwest, as did Twitter, Pinterest and Foursquare. Billie Eilish was discovered as an unsigned 14-year old. Mumford and Sons first made their name at the creative-tech-culture jamboree in Austin, Texas. In three months time the world will learn whether the powerhouse event can replicate itself outside of the Lone Star State. SXSW Sydney MD, Colin Daniels, is backing Sin City to deliver – with the likes of futurist Amy Webb, Coachella co-founder Paul Tollet and Slack co-founder Cal Henderson joining “titans of every industry” across tech and innovation, music, games and screens. He says every one of its 70 featured speakers would likely be the keynote at any other event. No wonder circa 500 brands are keen to get involved – which is one of the reasons Seven West Media is going large, partnering with SXSW Sydney and planning to spring a very different kind of upfront during the week-long festival. Chief Revenue Officer, Kurt Burnette, said getting the investment over the line was a “difficult conversation”, but he’s backing the play to position the network at the heart of the creative-tech nexus and change perceptions. CMO Mel Hopkins will have a big hand in shaping what that looks like. No pressure then. 

'We’re going all in’: SXSW’s biggest tribes are brands, marketing, tech as Sydney gig aims for Southern hemisphere creative, innovation super event; Seven plots biggest overhaul of Upfronts format in decades with full-week SxSW program

Uber launched at South by Southwest, as did Twitter, Pinterest and Foursquare. Billie Eilish was discovered as an unsigned 14-year old. Mumford and Sons first made their name at the creative-tech-culture jamboree in Austin, Texas. In three months time the world will learn whether the powerhouse event can replicate itself outside of the Lone Star State. SXSW Sydney MD, Colin Daniels, is backing Sin City to deliver – with the likes of futurist Amy Webb, Coachella co-founder Paul Tollet and Slack co-founder Cal Henderson joining “titans of every industry” across tech and innovation, music, games and screens. He says every one of its 70 featured speakers would likely be the keynote at any other event. No wonder circa 500 brands are keen to get involved – which is one of the reasons Seven West Media is going large, partnering with SXSW Sydney and planning to spring a very different kind of upfront during the week-long festival. Chief Revenue Officer, Kurt Burnette, said getting the investment over the line was a “difficult conversation”, but he’s backing the play to position the network at the heart of the creative-tech nexus and change perceptions. CMO Mel Hopkins will have a big hand in shaping what that looks like. No pressure then. 

33:32

EP284 - S1

31 Jul 23

Cookies again? Google’s global hegemony measuring 100m-plus websites faltering amid corporate governance concerns in privacy, data ownership; Brands, tech, advisors weigh-in on measurement meltdown

Tightening privacy regimes around the world are forcing Google to change the way it tracks and measures web traffic across the majority of the globe’s estimated 100m sites on the open web. That’s forced Google’s Universal Analytics to be swapped out with an entirely new product knowns as GA4. The problem is it’s a mess for most. And it's a likely marker for what’s to come in Australia - companies in Europe, and even the US, are pulling out of Google'snear-ubiquitous [and once free] analytics platform as marketers fumble with new tools, unable to quickly pull key reports, historical comparisons and insights. Many are raging against the big Google data-swiping machine as European regulators enforcing stricter rules on how people’s data is used, stored and transferred and dishing out big fines over GDPR breaches. Some of the big questions hovering over Google’s new analytics products include whether they’re fully privacy compliant, particularly if Google is feeding its vast global advertising business via sample data carved out from website owner data, most of whom are only now discovering they don’t own or often see all their real audience behaviour. In France, about 80 per cent have reviewed their analytics, per Piano’s global analytics chief Marie Fenner, and “about 60 per cent” have switched". That scenario may soon repeat in Australia as data privacy rules are beefed-up. Scentre Group performance marketing lead Jason Elk thinks the shake-up threatens Google’s analytics dominance and by proxy its broader business. Matomo CRO Dion Blair, agrees. “Right now, unlike any time in the past 15 years, we're seeing the choice [businesses are making for analytics] is potentially not the big behemoth.” With Google shutting off Universal Analytics a few weeks ago, here’s what marketers locally and globally are likely to face.

Cookies again? Google’s global hegemony measuring 100m-plus websites faltering amid corporate governance concerns in privacy, data ownership; Brands, tech, advisors weigh-in on measurement meltdown

Tightening privacy regimes around the world are forcing Google to change the way it tracks and measures web traffic across the majority of the globe’s estimated 100m sites on the open web. That’s forced Google’s Universal Analytics to be swapped out with an entirely new product knowns as GA4. The problem is it’s a mess for most. And it's a likely marker for what’s to come in Australia - companies in Europe, and even the US, are pulling out of Google'snear-ubiquitous [and once free] analytics platform as marketers fumble with new tools, unable to quickly pull key reports, historical comparisons and insights. Many are raging against the big Google data-swiping machine as European regulators enforcing stricter rules on how people’s data is used, stored and transferred and dishing out big fines over GDPR breaches. Some of the big questions hovering over Google’s new analytics products include whether they’re fully privacy compliant, particularly if Google is feeding its vast global advertising business via sample data carved out from website owner data, most of whom are only now discovering they don’t own or often see all their real audience behaviour. In France, about 80 per cent have reviewed their analytics, per Piano’s global analytics chief Marie Fenner, and “about 60 per cent” have switched". That scenario may soon repeat in Australia as data privacy rules are beefed-up. Scentre Group performance marketing lead Jason Elk thinks the shake-up threatens Google’s analytics dominance and by proxy its broader business. Matomo CRO Dion Blair, agrees. “Right now, unlike any time in the past 15 years, we're seeing the choice [businesses are making for analytics] is potentially not the big behemoth.” With Google shutting off Universal Analytics a few weeks ago, here’s what marketers locally and globally are likely to face.

01:05:36

EP283 - S1

24 Jul 23

‘No hallucinations’: NAB, Tabcorp, Accenture Song on 'applied AI’ - less ‘possible', more ‘pragmatic’ use cases first; NAB flags AI creative surge for 500m personalised messages but brands warned on mindless messaging, CX usurping media for brand building

NAB CMO Suzana Ristevski is a touch emphatic after just completing a three-year, $45m grinding overhaul of the bank's marketing technology systems that has seen 95 per cent of the tools used by the marketing team switched out - a Pega decisioning engine and Tealium's customer data platform are among the new line-up. Now NAB is ready for the AI stuff.  Ristevski acknowledges “inflicting a lot of pain” on the bank’s marketing team in the tech transformation and there’s more to come but "more exciting" as NAB works to embed machine learning and generative AI to deliver personalisation at scale that isn’t just “sending out rubbish”. She’s already sent out 10x more comms, now circling at 500m. But the bank is acutely aware of the risks posed by AI – and the strategy goes all the way up to the top. Tabcorp is onto its third in-house generative AI program and the creation of a centralised unit, Next Labs, to experiment - the problem with the other two was that they lied, or suffered “hallucinations”, per Chief Data & Analytics Officer Amy Shi-Nash. But Tabcorp can’t risk plugging into things like ChatGPT. The Monkeys and Accenture Song ANZ boss Mark Green, meanwhile, is back from Cannes where the AI banter was redlining on a "moral crisis" crisis for creativity, not dissimilar to the previous metaverse hype cycle. Green’s not worried. He reckons he’s slipped Accenture Song Global Creative Chair Nick Law an idea “that’s as good as any we’ve ever created” with generative AI at its core - and he says the client briefs are coming in from all angles. New York-based Law thinks there are new AI risks which will undermine the fascination and effectiveness of personalisation - namely, tonnes of mediocre messaging that will be created under the guise of 'right person, right time', unleashing a sea of sameness. NAB's Ristevski agrees.

‘No hallucinations’: NAB, Tabcorp, Accenture Song on 'applied AI’ - less ‘possible', more ‘pragmatic’ use cases first; NAB flags AI creative surge for 500m personalised messages but brands warned on mindless messaging, CX usurping media for brand building

NAB CMO Suzana Ristevski is a touch emphatic after just completing a three-year, $45m grinding overhaul of the bank's marketing technology systems that has seen 95 per cent of the tools used by the marketing team switched out - a Pega decisioning engine and Tealium's customer data platform are among the new line-up. Now NAB is ready for the AI stuff.  Ristevski acknowledges “inflicting a lot of pain” on the bank’s marketing team in the tech transformation and there’s more to come but "more exciting" as NAB works to embed machine learning and generative AI to deliver personalisation at scale that isn’t just “sending out rubbish”. She’s already sent out 10x more comms, now circling at 500m. But the bank is acutely aware of the risks posed by AI – and the strategy goes all the way up to the top. Tabcorp is onto its third in-house generative AI program and the creation of a centralised unit, Next Labs, to experiment - the problem with the other two was that they lied, or suffered “hallucinations”, per Chief Data & Analytics Officer Amy Shi-Nash. But Tabcorp can’t risk plugging into things like ChatGPT. The Monkeys and Accenture Song ANZ boss Mark Green, meanwhile, is back from Cannes where the AI banter was redlining on a "moral crisis" crisis for creativity, not dissimilar to the previous metaverse hype cycle. Green’s not worried. He reckons he’s slipped Accenture Song Global Creative Chair Nick Law an idea “that’s as good as any we’ve ever created” with generative AI at its core - and he says the client briefs are coming in from all angles. New York-based Law thinks there are new AI risks which will undermine the fascination and effectiveness of personalisation - namely, tonnes of mediocre messaging that will be created under the guise of 'right person, right time', unleashing a sea of sameness. NAB's Ristevski agrees.

52:28

EP282 - S1

17 Jul 23

Penfolds-Treasury Wines lauds creative, media together for its in-house agency Splash, now going global: one year old, 20 people, 400 projects, same marketing budget but doing more, better, faster – mostly

When Elsa Beaumont was tapped last year by Treasury Wines Estate – home of the mighty Penfolds – the former exec at global hot shops like Mother and Big Spaceship, and her colleague Ben Oliver, who’s running Treasury’s internal media unit at Splash, were worried. Could they beat all the warnings that come from agencies when brands try to go in-house with capabilities all previously outsourced: talent is hard to attract and keep stimulated, burnout is a high risk and any cost benefits would be shortlived. Burnout risk turned out to be true but the talent, quality and volume of work is rocking, they say  – and now Splash is preparing for a global rollout across Treasury Wines’ international markets. The upside is faster turnarounds, tighter links with marketing teams and better output than what was possible by just using agencies. And in the case of media, Oliver is chasing down transparent digital media buys and practices that he never quite got in life before Splash.

Penfolds-Treasury Wines lauds creative, media together for its in-house agency Splash, now going global: one year old, 20 people, 400 projects, same marketing budget but doing more, better, faster – mostly

When Elsa Beaumont was tapped last year by Treasury Wines Estate – home of the mighty Penfolds – the former exec at global hot shops like Mother and Big Spaceship, and her colleague Ben Oliver, who’s running Treasury’s internal media unit at Splash, were worried. Could they beat all the warnings that come from agencies when brands try to go in-house with capabilities all previously outsourced: talent is hard to attract and keep stimulated, burnout is a high risk and any cost benefits would be shortlived. Burnout risk turned out to be true but the talent, quality and volume of work is rocking, they say  – and now Splash is preparing for a global rollout across Treasury Wines’ international markets. The upside is faster turnarounds, tighter links with marketing teams and better output than what was possible by just using agencies. And in the case of media, Oliver is chasing down transparent digital media buys and practices that he never quite got in life before Splash.

48:12

EP281 - S1

3 Jul 23

ANZ CMO Sweta Mehra: ‘There’s only so far you can go with paid media’ – why ANZ is investing heavily in its owned media assets; 85 million impacts a month across ANZ channels triggered a ‘mindset shift’ for marketing team

After ANZ CMO Sweta Mehra commissioned owned media specialists Sonder to conduct a valuation and audit of the media assets the bank owned and managed, her big discovery was that circa 85 million impacts a month, mostly from ANZ customers, were under leveraged by the business. Now ANZ’s marketing team think first about their owned channels before developing paid media briefs. New content hubs coupled with ANZ’s two year investment overhauling its tech and personalisation capabilities, for example, has seen “up to a tripling of conversion rates”, says Mehra. Sonder Co-Founder Jonathan Hopkins says ANZ also has a big upside in acquiring new customers from its owned media assets, not just better cross-selling of products to existing customers."ANZ have screens outward facing in most branches around the country - in some cases they can also do customer acquisition."

ANZ CMO Sweta Mehra: ‘There’s only so far you can go with paid media’ – why ANZ is investing heavily in its owned media assets; 85 million impacts a month across ANZ channels triggered a ‘mindset shift’ for marketing team

After ANZ CMO Sweta Mehra commissioned owned media specialists Sonder to conduct a valuation and audit of the media assets the bank owned and managed, her big discovery was that circa 85 million impacts a month, mostly from ANZ customers, were under leveraged by the business. Now ANZ’s marketing team think first about their owned channels before developing paid media briefs. New content hubs coupled with ANZ’s two year investment overhauling its tech and personalisation capabilities, for example, has seen “up to a tripling of conversion rates”, says Mehra. Sonder Co-Founder Jonathan Hopkins says ANZ also has a big upside in acquiring new customers from its owned media assets, not just better cross-selling of products to existing customers."ANZ have screens outward facing in most branches around the country - in some cases they can also do customer acquisition."

36:58

EP280 - S1

29 Jun 23

Return of the Chief Customer Officer – the CMO’s new boss: Coles, IAG latest blue chips on board with broader remits and revenues; Inghams, MyCar, Hipages log their progress

Coles and IAG have joined the march to install Chief Customer Officers into roles that were either previously at least partly the domain of CMOs or now have marketing as a reporting line. But what does a CCO do? Is it job title semantics or is the mission sweep broader? And where does this new executive species come from? Three Chief Customer Officers from Inghams Group, Hipages and MyCar, the overhauled Kmart Tyre & Auto, breakdown their agenda and why their firms opted for the role – and in Inghams case, why everything starts with “balancing the bird”.

Return of the Chief Customer Officer – the CMO’s new boss: Coles, IAG latest blue chips on board with broader remits and revenues; Inghams, MyCar, Hipages log their progress

Coles and IAG have joined the march to install Chief Customer Officers into roles that were either previously at least partly the domain of CMOs or now have marketing as a reporting line. But what does a CCO do? Is it job title semantics or is the mission sweep broader? And where does this new executive species come from? Three Chief Customer Officers from Inghams Group, Hipages and MyCar, the overhauled Kmart Tyre & Auto, breakdown their agenda and why their firms opted for the role – and in Inghams case, why everything starts with “balancing the bird”.

48:31

EP279 - S1

26 Jun 23

Standout brand, agency media work unveiled in MFA Awards: Lego, NRMA, Defence Force, Mars, Suncorp, Dell, Netflix, Campari lead shortlist; Initiative, EssenceMediacom, OMD top agency haul

The Media Federation of Australia unveiled a hot shortlist of the brands and agencies delivering the best work and business impact in media for 2023, with Lego, NRMA, Campari’s Aperol, Netflix and Suncorp among those leading the finalists tally. About 30 advertisers and 20 agencies made the cut of finalists with three marketers among the judging line-up for the 2023 MFA Awards joining Mi3 to unpack why some entries got their likes - and laments. Arnott’s CMO, Jenni Dill, Unilever’s Director of Digital Marketing, Media and Commerce, Sarah Sorrenson and Deakin Business School’s Adjunct Professor and former CMO at Coles and Tourism Australia, Lisa Ronson, reveal their collective observations and scorecards (well some of them) on the standard of work in the past year. 

Standout brand, agency media work unveiled in MFA Awards: Lego, NRMA, Defence Force, Mars, Suncorp, Dell, Netflix, Campari lead shortlist; Initiative, EssenceMediacom, OMD top agency haul

The Media Federation of Australia unveiled a hot shortlist of the brands and agencies delivering the best work and business impact in media for 2023, with Lego, NRMA, Campari’s Aperol, Netflix and Suncorp among those leading the finalists tally. About 30 advertisers and 20 agencies made the cut of finalists with three marketers among the judging line-up for the 2023 MFA Awards joining Mi3 to unpack why some entries got their likes - and laments. Arnott’s CMO, Jenni Dill, Unilever’s Director of Digital Marketing, Media and Commerce, Sarah Sorrenson and Deakin Business School’s Adjunct Professor and former CMO at Coles and Tourism Australia, Lisa Ronson, reveal their collective observations and scorecards (well some of them) on the standard of work in the past year. 

38:09

EP278 - S1

19 Jun 23

Digital burnout, ad blindness and sick of brands talking purpose: The 5 million Australians marketers risk alienating – and how to make them share your Out-of-Home campaigns

Gen Z makes up 20 per cent of Australia’s population. There are more than five million of them – and they want very different things from brands. Purpose won’t cut it. They want action, locally and globally – and they are sick of nobody listening to them, per Chris Sanderson and Martin Raymond, founders of The Future Laboratory. They are also – aged between 11 and 26 – already wary of digital burnout. They’ve been bombarded with digital content their whole lives. Which means many are blind to the ads they’ve not already blocked. But not Out-of-Home: Out-of-Home is “so important for them [and to reach them] because Gen Z don’t see it as an intrusion,” per Sanderson. “They see it as a logical, seamless connection with their world of brand.” They are also making their purchase decisions in very different ways to previous generations – the pyramid and related funnel are now “circular”, reckons Raymond, with profound impacts for brands. Plus they say its time to stop “sneering” at the notion of crowd-sourcing aspects of ad campaigns – or at least getting far broader inputs, particularly when marketing on billboards, because Gen Z is all about community, collaboration, and commitment: “It guarantees the sharing of the campaign,” says Raymond. Off the back of a deep dive commissioned by JCDecaux, the two unpack what brands need to know about marketing to Gen Z.

Digital burnout, ad blindness and sick of brands talking purpose: The 5 million Australians marketers risk alienating – and how to make them share your Out-of-Home campaigns

Gen Z makes up 20 per cent of Australia’s population. There are more than five million of them – and they want very different things from brands. Purpose won’t cut it. They want action, locally and globally – and they are sick of nobody listening to them, per Chris Sanderson and Martin Raymond, founders of The Future Laboratory. They are also – aged between 11 and 26 – already wary of digital burnout. They’ve been bombarded with digital content their whole lives. Which means many are blind to the ads they’ve not already blocked. But not Out-of-Home: Out-of-Home is “so important for them [and to reach them] because Gen Z don’t see it as an intrusion,” per Sanderson. “They see it as a logical, seamless connection with their world of brand.” They are also making their purchase decisions in very different ways to previous generations – the pyramid and related funnel are now “circular”, reckons Raymond, with profound impacts for brands. Plus they say its time to stop “sneering” at the notion of crowd-sourcing aspects of ad campaigns – or at least getting far broader inputs, particularly when marketing on billboards, because Gen Z is all about community, collaboration, and commitment: “It guarantees the sharing of the campaign,” says Raymond. Off the back of a deep dive commissioned by JCDecaux, the two unpack what brands need to know about marketing to Gen Z.

37:31

EP277 - S1

15 Jun 23

Strange days: Two speed consumer economy messing with markets, marketers - value lines surge as does ‘premiumisation’ – Commbank iQ, Roy Morgan, AH Beard CEO Tony Pearson unpack what next and safest marketer bets

Mattresses selling for circa $3,000 are not typically a signal for how consumer spending is bending historical patterns but Tony Pearson, CEO at mattress maker AH Beard, is seeing two distinct consumer groups going in opposite directions. Sales of his premium lines in the $2-3,000 tier are holding strong just as his cheaper lines - from $600 - fell off a cliff in April. Meanwhile, mattress sales to hotels are soaring as even the cash-strapped masses keep spending on holidays and experiences – first hand evidence of the consumer spending divide mapped by Commbank-Quantium analysis of 7 million bank accounts playing out. But Pearson saw it all coming, because that’s exactly what Roy Morgan’s segmental database of NEOs, or ‘new economic order’ consumers, said would happen. Ross Honeywill helped pioneer the typology – the quarter of the population that earns more, and critically spends more. He says the NEOs are currently keeping Australia out of recession and with latest rate rises yet to hit home, Honeywill says brands must have a premiumisation strategy that targets NEOs, or risk pain. CommbankIQ innovation and analytics chief Wade Tubman agrees: Marketers without “stratified” or multi-layered brand strategies “might be starting to feel the walls are closing in.” Following clothing and household goods, Tubman says insurance extras and telco are next as pinched consumers wring out every last dollar to spend on experiences, which he suggests are becoming “the new essentials”. The good thing for marketers is that comms to NEOs deliver double duty, per Honeywill, tapping the aspirational but squeezed masses as well as those with money still to burn. 

Strange days: Two speed consumer economy messing with markets, marketers - value lines surge as does ‘premiumisation’ – Commbank iQ, Roy Morgan, AH Beard CEO Tony Pearson unpack what next and safest marketer bets

Mattresses selling for circa $3,000 are not typically a signal for how consumer spending is bending historical patterns but Tony Pearson, CEO at mattress maker AH Beard, is seeing two distinct consumer groups going in opposite directions. Sales of his premium lines in the $2-3,000 tier are holding strong just as his cheaper lines - from $600 - fell off a cliff in April. Meanwhile, mattress sales to hotels are soaring as even the cash-strapped masses keep spending on holidays and experiences – first hand evidence of the consumer spending divide mapped by Commbank-Quantium analysis of 7 million bank accounts playing out. But Pearson saw it all coming, because that’s exactly what Roy Morgan’s segmental database of NEOs, or ‘new economic order’ consumers, said would happen. Ross Honeywill helped pioneer the typology – the quarter of the population that earns more, and critically spends more. He says the NEOs are currently keeping Australia out of recession and with latest rate rises yet to hit home, Honeywill says brands must have a premiumisation strategy that targets NEOs, or risk pain. CommbankIQ innovation and analytics chief Wade Tubman agrees: Marketers without “stratified” or multi-layered brand strategies “might be starting to feel the walls are closing in.” Following clothing and household goods, Tubman says insurance extras and telco are next as pinched consumers wring out every last dollar to spend on experiences, which he suggests are becoming “the new essentials”. The good thing for marketers is that comms to NEOs deliver double duty, per Honeywill, tapping the aspirational but squeezed masses as well as those with money still to burn. 

46:02

EP276 - S1

13 Jun 23

‘No personal data’: Chasing audience scale, ad exchanges, big tech targeting is publisher folly as media trust plummets, says Scire’s Chris Janz, Guardian’s Dan Stinton; No-tracking, contextual ads next growth wave

If Nine’s former publishing boss Chris Janz and The Guardian’s Managing Director Dan Stinton are right, there’s a storm brewing for the media establishment as frustration rises among the business, tech and innovation elite – and even the broader public – over what and how mastheads and journalists produce content. Chris Janz did the “deal of a career” when brokering the 2017 ‘unholy’ alliance with Google to sell Fairfax’s premium ads and audiences programmatically, reportedly for guaranteed annual revenues north of $40m. Now Janz has flipped entirely with VC-backed media challenger Scire: He says Scire won’t collect any personal data at all and thinks those relying on Facebook and Google for traffic, while trying to compete on data and tracking – areas in which News Corp, Nine and others have invested heavily – “are playing someone else’s game” and have already lost. The future of mastheads, he says, is all about trust and serving smaller, smarter segments with content they will, in some way, pay for. Either way, privacy regime changes will soon disrupt tracking-based ad-funded business models – and Scire isn’t going to do traditional advertising at all, per Janz. Outgoing Guardian Australia MD, Dan Stinton agrees on trust, contextual targeting and the push away from open exchange “direct response” advertising. The Guardian has slashed its reliance on open ad exchanges from half to a tenth of its ad business in five years under Stinton – reader contributions now make up more than half of revenues but ads are still growing at a fast clip. Stinton and Janz unleash on the new challenges facing the media establishment and the full force of AI scrape and lifts that are about to hit.  

‘No personal data’: Chasing audience scale, ad exchanges, big tech targeting is publisher folly as media trust plummets, says Scire’s Chris Janz, Guardian’s Dan Stinton; No-tracking, contextual ads next growth wave

If Nine’s former publishing boss Chris Janz and The Guardian’s Managing Director Dan Stinton are right, there’s a storm brewing for the media establishment as frustration rises among the business, tech and innovation elite – and even the broader public – over what and how mastheads and journalists produce content. Chris Janz did the “deal of a career” when brokering the 2017 ‘unholy’ alliance with Google to sell Fairfax’s premium ads and audiences programmatically, reportedly for guaranteed annual revenues north of $40m. Now Janz has flipped entirely with VC-backed media challenger Scire: He says Scire won’t collect any personal data at all and thinks those relying on Facebook and Google for traffic, while trying to compete on data and tracking – areas in which News Corp, Nine and others have invested heavily – “are playing someone else’s game” and have already lost. The future of mastheads, he says, is all about trust and serving smaller, smarter segments with content they will, in some way, pay for. Either way, privacy regime changes will soon disrupt tracking-based ad-funded business models – and Scire isn’t going to do traditional advertising at all, per Janz. Outgoing Guardian Australia MD, Dan Stinton agrees on trust, contextual targeting and the push away from open exchange “direct response” advertising. The Guardian has slashed its reliance on open ad exchanges from half to a tenth of its ad business in five years under Stinton – reader contributions now make up more than half of revenues but ads are still growing at a fast clip. Stinton and Janz unleash on the new challenges facing the media establishment and the full force of AI scrape and lifts that are about to hit.  

58:05

EP275 - S1

5 Jun 23

The future of total TV: Voz, the cross-network ‘BVOD Project’, Unilever’s 20 per cent reach gains and converged trading implications for marketers, agencies and TV networks

With Voz in market and the TV networks seemingly moving forward with a BVOD marketplace, agencies and broadcasters have renewed impetus to converge TV trading and buying and flick legacy systems. But ditching decades of behaviour is never easy. Perhaps the best example is what has been dubbed the Unilever trial, where the FMCG giant, agency PHD and Seven West Media used early Voz data to boost reach by 20 per cent while cutting audience duplication to four per cent by combining linear and BVOD. Alex Tansley, Head of Converged Audience Trading at Seven and PHD investment chief Joanna Barnes were key architects of that trial. They unpack what converged TV trading will look like in the next 12 months – and what that means for marketers, media agencies, TV networks and perhaps ultimately the pure-play streaming platforms now entering the advertising game.

The future of total TV: Voz, the cross-network ‘BVOD Project’, Unilever’s 20 per cent reach gains and converged trading implications for marketers, agencies and TV networks

With Voz in market and the TV networks seemingly moving forward with a BVOD marketplace, agencies and broadcasters have renewed impetus to converge TV trading and buying and flick legacy systems. But ditching decades of behaviour is never easy. Perhaps the best example is what has been dubbed the Unilever trial, where the FMCG giant, agency PHD and Seven West Media used early Voz data to boost reach by 20 per cent while cutting audience duplication to four per cent by combining linear and BVOD. Alex Tansley, Head of Converged Audience Trading at Seven and PHD investment chief Joanna Barnes were key architects of that trial. They unpack what converged TV trading will look like in the next 12 months – and what that means for marketers, media agencies, TV networks and perhaps ultimately the pure-play streaming platforms now entering the advertising game.

39:43

EP274 - S1

1 Jun 23

From streaming boom to busted economics: Sony Pictures’ Stephen Basil-Jones and Hoyts’ Damian Keogh on the Hollywood studio streaming shakeout that has them all running back to cinema

During Covid, the big Hollywood studios played hardball with cinemas – rushing to take-on Netflix and Prime, feeding their own direct streaming plays, shortening releases windows, or cutting them out altogether. Sony was the streaming holdout. ‘We’re either going to look like the smartest person in the room, or the dumbest,” Sony Pictures local boss Stephen Basil-Jones told Hoyts CEO Damian Keogh. But facing spiralling losses on their streaming businesses, stars and directors in revolt and booming box offices, Basil-Jones says the studios have universally changed their tune. “They’re saying ‘We’re back, baby! We need you!’ Sony Pictures has avoided the dunce cap and Basil-Jones forecasts a “shake-out” and consolidation ahead for the streamers. Keogh thinks the studios will go back to making episodic series for their platforms – while channelling investment into A-grade films for cinema and increasing flexibility on release windows to maximise returns. It's a tale of content economics and consumer behaviour that runs almost diametrically to the ecom boom – and Keogh and Basil-Jones see another leg to come.

From streaming boom to busted economics: Sony Pictures’ Stephen Basil-Jones and Hoyts’ Damian Keogh on the Hollywood studio streaming shakeout that has them all running back to cinema

During Covid, the big Hollywood studios played hardball with cinemas – rushing to take-on Netflix and Prime, feeding their own direct streaming plays, shortening releases windows, or cutting them out altogether. Sony was the streaming holdout. ‘We’re either going to look like the smartest person in the room, or the dumbest,” Sony Pictures local boss Stephen Basil-Jones told Hoyts CEO Damian Keogh. But facing spiralling losses on their streaming businesses, stars and directors in revolt and booming box offices, Basil-Jones says the studios have universally changed their tune. “They’re saying ‘We’re back, baby! We need you!’ Sony Pictures has avoided the dunce cap and Basil-Jones forecasts a “shake-out” and consolidation ahead for the streamers. Keogh thinks the studios will go back to making episodic series for their platforms – while channelling investment into A-grade films for cinema and increasing flexibility on release windows to maximise returns. It's a tale of content economics and consumer behaviour that runs almost diametrically to the ecom boom – and Keogh and Basil-Jones see another leg to come.

29:07

EP273 - S1

29 May 23

IAG’s Zara Curtis on why NRMA flicked footy and rugby sponsorship, put the money into cricket and cinema – and drove massive brand gains

NRMA’s data crunching suggested the brand would get more bang for buck by putting some of its sports marketing budget into entertainment. So it pulled out of The Broncos, unwound its Collingwood sponsorship and, flipping from a local club to national strategy, “made the biggest bet we’ve ever made on Cricket Australia,” per IAG Acting CMO, Zara Curtis. She recycled the remainder into cinema, last year “owning the top ten films” via Val Morgan category exclusivity, and using cinema first on the plan to launch longer-form versions of its ads, before pushing out shorter cuts to TV. Wise move, says Matt Sandwell at research firm The Owl Insights, because in a fragmented media landscape, “water cooler moments” are rare beasts. Per the firm’s research, sport is still the number one cultural connector and memory encoder. But it’s expensive and crowded. Cinema is number two – and can deliver better bang for buck. Esports, he says, are another cost-effective bet, along with live theatre, but don’t deliver at scale. Curtis says NRMA’s tracking proved the theory: “We saw 50 per cent more efficiency in driving a brand uplift across recognition and brand cut through recognition tracking at 55 per cent, branding at 84 per cent, and cut through at 46 per cent.”

IAG’s Zara Curtis on why NRMA flicked footy and rugby sponsorship, put the money into cricket and cinema – and drove massive brand gains

NRMA’s data crunching suggested the brand would get more bang for buck by putting some of its sports marketing budget into entertainment. So it pulled out of The Broncos, unwound its Collingwood sponsorship and, flipping from a local club to national strategy, “made the biggest bet we’ve ever made on Cricket Australia,” per IAG Acting CMO, Zara Curtis. She recycled the remainder into cinema, last year “owning the top ten films” via Val Morgan category exclusivity, and using cinema first on the plan to launch longer-form versions of its ads, before pushing out shorter cuts to TV. Wise move, says Matt Sandwell at research firm The Owl Insights, because in a fragmented media landscape, “water cooler moments” are rare beasts. Per the firm’s research, sport is still the number one cultural connector and memory encoder. But it’s expensive and crowded. Cinema is number two – and can deliver better bang for buck. Esports, he says, are another cost-effective bet, along with live theatre, but don’t deliver at scale. Curtis says NRMA’s tracking proved the theory: “We saw 50 per cent more efficiency in driving a brand uplift across recognition and brand cut through recognition tracking at 55 per cent, branding at 84 per cent, and cut through at 46 per cent.”

31:21

EP272 - S1

25 May 23

Double duty dilemma: Can a search or social ad build brand and drive sales now? Media execs, reformed growth hackers and ad effectiveness maestros duke it out – as ESOV critics have their say

Debate on whether brand campaigns can drive short term sales performance and vice versa – aka ‘double duty’ – is running as hot as the budget knives pressed to the CFO’s whetstone. News Corp’s Pippa Leary says market-wide short-termism is fuelling demand for performance ads to drive immediate results but double duty works – results for Moet has LVMH marketers popping their corks. Brand strategist James Hurman says brand campaigns can drive short-term sales, but that trying to make one ad to do both is “way harder” than just making two ads, so why try? Either way, using the same metrics for brand building and short-term sales “is like judging a fish by its ability to climb a tree,” per Hurman, “it’s always going to be a shit fish”. Rob Brittain says marketers only have themselves to blame: Few can articulate the difference between the two – nor why long and short need to work together – to CFOs under pressure for short-term sales. Meanwhile, he says marketers are getting the basics of ESOV wrong, ending up closer to double jeopardy than “difficult” to achieve double duty by wasting money on low attention channels. But partially reformed growth hacker turned growth advisor to companies up to $100m in revenues, John James, thinks ESOV is a flawed concept based on touting the benefits of being “the loudest person in the room” by those who “want to sell more advertising media to clients”. He also throws a jab or two at Ehrenberg-Bass ‘how brands grow’ thinking. Brittain can’t let either go unanswered. This one gets politely punchy. 

Double duty dilemma: Can a search or social ad build brand and drive sales now? Media execs, reformed growth hackers and ad effectiveness maestros duke it out – as ESOV critics have their say

Debate on whether brand campaigns can drive short term sales performance and vice versa – aka ‘double duty’ – is running as hot as the budget knives pressed to the CFO’s whetstone. News Corp’s Pippa Leary says market-wide short-termism is fuelling demand for performance ads to drive immediate results but double duty works – results for Moet has LVMH marketers popping their corks. Brand strategist James Hurman says brand campaigns can drive short-term sales, but that trying to make one ad to do both is “way harder” than just making two ads, so why try? Either way, using the same metrics for brand building and short-term sales “is like judging a fish by its ability to climb a tree,” per Hurman, “it’s always going to be a shit fish”. Rob Brittain says marketers only have themselves to blame: Few can articulate the difference between the two – nor why long and short need to work together – to CFOs under pressure for short-term sales. Meanwhile, he says marketers are getting the basics of ESOV wrong, ending up closer to double jeopardy than “difficult” to achieve double duty by wasting money on low attention channels. But partially reformed growth hacker turned growth advisor to companies up to $100m in revenues, John James, thinks ESOV is a flawed concept based on touting the benefits of being “the loudest person in the room” by those who “want to sell more advertising media to clients”. He also throws a jab or two at Ehrenberg-Bass ‘how brands grow’ thinking. Brittain can’t let either go unanswered. This one gets politely punchy. 

01:09:48

EP271 - S1

22 May 23

How AI is hitting paid search, content strategies; where prices are headed; why Google is changing its LTV tune; and why interpreting media mix modelling requires human intelligence

Search and SEO is facing major disruption – with implications for brands across both performance media and mid-to-upper funnel content marketing. Google is countering the threat from Bing and ChatGPT with Magi, set to soft launch later this month. Billed as a “hyper-personalisation engine”, it will change how search works and the way content on websites needs to be written and structured, per Stephen Downward, Head of SEO at Atomic 212°. That’s on top of Google algorithm changes that call time on the days of 500 word blogs and average content. The key to ranking and traffic is now all about EAT: Expertise, Authority, and Trust – plus Google has added another E: Experience, which is why News Corp, alongside Atomic, created a vast trove of articles via masthead financial journalists to feed its new comparison site and take on Finder, says Downward.  Within paid search, prices will continue to climb, per Atomic Head of Performance Media Sascha Bonomally, which is why Google’s new rhetoric is around amortising the cost of its upfront click to lifetime value. Either way, Bonomally thinks advertisers now optimising clicks to products with best margin are making a mistake.

How AI is hitting paid search, content strategies; where prices are headed; why Google is changing its LTV tune; and why interpreting media mix modelling requires human intelligence

Search and SEO is facing major disruption – with implications for brands across both performance media and mid-to-upper funnel content marketing. Google is countering the threat from Bing and ChatGPT with Magi, set to soft launch later this month. Billed as a “hyper-personalisation engine”, it will change how search works and the way content on websites needs to be written and structured, per Stephen Downward, Head of SEO at Atomic 212°. That’s on top of Google algorithm changes that call time on the days of 500 word blogs and average content. The key to ranking and traffic is now all about EAT: Expertise, Authority, and Trust – plus Google has added another E: Experience, which is why News Corp, alongside Atomic, created a vast trove of articles via masthead financial journalists to feed its new comparison site and take on Finder, says Downward.  Within paid search, prices will continue to climb, per Atomic Head of Performance Media Sascha Bonomally, which is why Google’s new rhetoric is around amortising the cost of its upfront click to lifetime value. Either way, Bonomally thinks advertisers now optimising clicks to products with best margin are making a mistake.

36:37

EP270 - S1

18 May 23

Arnott’s sees double digit growth after private equity ownership and marketing overhaul; CMO Jenni Dill on bucking downturn, linking brand to P&L and landing a ‘Fellowship' spot with elite Marketing Academy-McKinsey CMO program

Three years ago Jenni Dill put a multiyear strategy plan to Arnott’s to management and board. The former McDonald’s CMO had been in the CMO gig at Arnott’s for 13 days. But Dill had just completed The Marketing Academy’s Fellowship course, which she says provided the clarity and confidence to speak business, not marketing – and to deliver a growth agenda at pace. It’s paying off. Despite the biggest spending squeeze in a generation, Arnott’s brands are powering. Tim Tams, Shapes and Vita-Weats sales are up double digits as Australians cut out restaurants but keep buying branded snacks and staples, resisting the siren call of supermarket’s own brands. Dill puts it down to brand re-investment after a decade of underspend, enabling her to link marketing spend directly to the P&L. She was also one of the first Australians to complete The Marketing Academy Fellowship program run by McKinsey that is launching in APAC this year for 20 elite CMOs - 10 Australian marketers could land in that group who want to be the next CFO, CEO or board member. Dill, along with Lisa Gilbert, CMO of the $20bn IBM managed services spinout Kyndryl, unpack what’s required and what the best of the best – today’s ‘super CMOs’ – will get in return.

Arnott’s sees double digit growth after private equity ownership and marketing overhaul; CMO Jenni Dill on bucking downturn, linking brand to P&L and landing a ‘Fellowship' spot with elite Marketing Academy-McKinsey CMO program

Three years ago Jenni Dill put a multiyear strategy plan to Arnott’s to management and board. The former McDonald’s CMO had been in the CMO gig at Arnott’s for 13 days. But Dill had just completed The Marketing Academy’s Fellowship course, which she says provided the clarity and confidence to speak business, not marketing – and to deliver a growth agenda at pace. It’s paying off. Despite the biggest spending squeeze in a generation, Arnott’s brands are powering. Tim Tams, Shapes and Vita-Weats sales are up double digits as Australians cut out restaurants but keep buying branded snacks and staples, resisting the siren call of supermarket’s own brands. Dill puts it down to brand re-investment after a decade of underspend, enabling her to link marketing spend directly to the P&L. She was also one of the first Australians to complete The Marketing Academy Fellowship program run by McKinsey that is launching in APAC this year for 20 elite CMOs - 10 Australian marketers could land in that group who want to be the next CFO, CEO or board member. Dill, along with Lisa Gilbert, CMO of the $20bn IBM managed services spinout Kyndryl, unpack what’s required and what the best of the best – today’s ‘super CMOs’ – will get in return.

37:47

EP269 - S1

15 May 23

Why Mel Hopkins left Optus for Seven CMO gig: Not putting 'lipstick on a pig’; Big transformation plan looms – sharpening marketing, hitching it to the P&L – and her take on the Optus cyber attack

Mel Hopkins says she hasn’t gone to Seven “to put lipstick on a pig”. The former Optus CMO says CEO James Warburton wants “total transformation” – and not just across ratings – so she’s hatched a four-point plan. Hopkins has also committed to linking Seven’s marketing activity and investment directly to earnings and the P&L “in real time”. Anything less, she says, “and I am failing to do my job”. That means growing both the brand and its equity as well the number of eyeballs tuning in as a destination – fast. Hopkins thinks Seven, particularly Seven Plus, can outpoint the streamers and reckons their ad-funded tiers may fizzle out as Covid-driven growth wanes. But just as Hopkins is finding media an entirely different world to telco – it’s way more complex than she realised – she says Seven’s media-focused marketing team must also “sharpen up” when it comes to “strategic marketing and advanced digital marketing”. Plus, Hopkins opens up on the Optus data hack, not sleeping for five weeks, but why living through the experience, in all probability, will pay off.

Why Mel Hopkins left Optus for Seven CMO gig: Not putting 'lipstick on a pig’; Big transformation plan looms – sharpening marketing, hitching it to the P&L – and her take on the Optus cyber attack

Mel Hopkins says she hasn’t gone to Seven “to put lipstick on a pig”. The former Optus CMO says CEO James Warburton wants “total transformation” – and not just across ratings – so she’s hatched a four-point plan. Hopkins has also committed to linking Seven’s marketing activity and investment directly to earnings and the P&L “in real time”. Anything less, she says, “and I am failing to do my job”. That means growing both the brand and its equity as well the number of eyeballs tuning in as a destination – fast. Hopkins thinks Seven, particularly Seven Plus, can outpoint the streamers and reckons their ad-funded tiers may fizzle out as Covid-driven growth wanes. But just as Hopkins is finding media an entirely different world to telco – it’s way more complex than she realised – she says Seven’s media-focused marketing team must also “sharpen up” when it comes to “strategic marketing and advanced digital marketing”. Plus, Hopkins opens up on the Optus data hack, not sleeping for five weeks, but why living through the experience, in all probability, will pay off.

47:47

EP268 - S1

8 May 23

Brand equity blow-up: Ritson-backed Tracksuit eyes $8bn brand tracking market, Ipsos, Kantar, Nielsen disruption by linking brand equity directly to P&L; inks Mutinex deal

Here’s how two firms in different parts of the supply chain are upending legacy marketing practices. Tracksuit, a two year-old New Zealand-based brand tracking platform has slashed the cost, turnaround time, cred, and the role of brand – historically considered fluffy by the business community. The rapidly growing start-up has caught the eye of VC Blackbird, with Mark Ritson and Ascential, the firm behind Warc and Cannes Lions, also investors. Now it’s bidding to carve out a major slice of a market dominated by big global research firms like Ipsos, Kantar and Nielsen – and has just inked a partnership with fellow SaaS disruptor Mutinex. The two aim to align the in-market perceptions of a brand directly to the P&L while doubling the $4bn addressable brand tracking market. Crucially, the hardcore VC types are piling in not just as investors, but for their early stage startup investments to actually harness the tech to grow faster and more sustainably as growth hacking bites the dust and startups flip to brand investment that, amid far more sober money markets, must be quantified in hard financial terms. Tracksuit co-founder Connor Archbold and Mutinex CEO Henry Innis join Paul McIntyre on the mics. 

Brand equity blow-up: Ritson-backed Tracksuit eyes $8bn brand tracking market, Ipsos, Kantar, Nielsen disruption by linking brand equity directly to P&L; inks Mutinex deal

Here’s how two firms in different parts of the supply chain are upending legacy marketing practices. Tracksuit, a two year-old New Zealand-based brand tracking platform has slashed the cost, turnaround time, cred, and the role of brand – historically considered fluffy by the business community. The rapidly growing start-up has caught the eye of VC Blackbird, with Mark Ritson and Ascential, the firm behind Warc and Cannes Lions, also investors. Now it’s bidding to carve out a major slice of a market dominated by big global research firms like Ipsos, Kantar and Nielsen – and has just inked a partnership with fellow SaaS disruptor Mutinex. The two aim to align the in-market perceptions of a brand directly to the P&L while doubling the $4bn addressable brand tracking market. Crucially, the hardcore VC types are piling in not just as investors, but for their early stage startup investments to actually harness the tech to grow faster and more sustainably as growth hacking bites the dust and startups flip to brand investment that, amid far more sober money markets, must be quantified in hard financial terms. Tracksuit co-founder Connor Archbold and Mutinex CEO Henry Innis join Paul McIntyre on the mics. 

54:11

EP267 - S1

1 May 23

How an ex-P&G US marketer ditched cohorts, personas and restrictive segmentation, blended Ehrenberg-Bass, Binet & Field textbooks word for word, landed biggest marketing budget in $7bn company’s history – and all KPIs are powering

It’s not often Australian and New Zealanders can teach the giant US market a thing or two but hear this one out: If you're one of those hard-nosed types who think all this marketing science and advertising effectiveness stuff is too rubbery – ESOV, mental availability, investing in brand to drive long-term demand over short-term sales – here’s some contrarian proof that might just change your mind. It’s a textbook case from a CMO who took a giant leap and deployed a whole suite of marketing's new and established thinking in one strategic gulp, rolling it out across a $7bn US healthcare brand and sweeping away pretty much everything that had gone before. It worked, massively. All growth KPIs for Douwe Bergsma, CMO of Georgia-based healthcare firm Piedmont, are busting upwards and the CEO handed him the biggest marketing budget in the company’s history to do it. Here’s how Bergsma, a former P&G marketer and current ANA board member, along with NZ-based brand and start-up strategist James Hurman, hatched a plan to do everything by the marketing science and effectiveness handbooks, sold it into the leadership team, brought every single one of its agencies into 20 marketing effectiveness briefings – and literally ended up with a runaway best seller. It’s the story of a Dutchman and a Kiwi taking Australian and UK marketing science to the US, and winning big.  

How an ex-P&G US marketer ditched cohorts, personas and restrictive segmentation, blended Ehrenberg-Bass, Binet & Field textbooks word for word, landed biggest marketing budget in $7bn company’s history – and all KPIs are powering

It’s not often Australian and New Zealanders can teach the giant US market a thing or two but hear this one out: If you're one of those hard-nosed types who think all this marketing science and advertising effectiveness stuff is too rubbery – ESOV, mental availability, investing in brand to drive long-term demand over short-term sales – here’s some contrarian proof that might just change your mind. It’s a textbook case from a CMO who took a giant leap and deployed a whole suite of marketing's new and established thinking in one strategic gulp, rolling it out across a $7bn US healthcare brand and sweeping away pretty much everything that had gone before. It worked, massively. All growth KPIs for Douwe Bergsma, CMO of Georgia-based healthcare firm Piedmont, are busting upwards and the CEO handed him the biggest marketing budget in the company’s history to do it. Here’s how Bergsma, a former P&G marketer and current ANA board member, along with NZ-based brand and start-up strategist James Hurman, hatched a plan to do everything by the marketing science and effectiveness handbooks, sold it into the leadership team, brought every single one of its agencies into 20 marketing effectiveness briefings – and literally ended up with a runaway best seller. It’s the story of a Dutchman and a Kiwi taking Australian and UK marketing science to the US, and winning big.  

01:02:10

EP266 - S1

17 Apr 23

‘The race is on’: Volvo boss Stephen Connor on why going all electric by 2026 will double sales, protect revenue – but poses tricky challenge for marketing, even with a bigger budget

Volvo Car Australia boss Stephen Connor has hit the accelerator on the carmaker’s plan to ditch combustion engines. He’s going all-in on electric vehicles (EVs) by 2026 – faster than any of its global markets. Volvo has deep sustainability commitments, pledging to become climate neutral across its supply chain by 2040. But Connor’s gone for first mover advantage for profit just as much as purpose, because by 2030 “every manufacturer in Australia will be standing on the mountain beating their chests about EVs”. By then, the market will be awash with technologically advanced electric cars. Hence Connor thinks brand will become the key differentiator – and he’s backing Marketing Director Julie Hutchinson to ensure Volvo builds a greater share of mind. "The race is already on," she says, with EV ad spend tripling last year.  But the sprint to all-electric cars means major change ahead for dealers and retail operations (Volvo is about to launch a direct-to-consumer play) while a rapid rollout of new electric models requires new business models – including subscriptions – to scoop a new cohort of younger buyers. Here’s the plan.  

‘The race is on’: Volvo boss Stephen Connor on why going all electric by 2026 will double sales, protect revenue – but poses tricky challenge for marketing, even with a bigger budget

Volvo Car Australia boss Stephen Connor has hit the accelerator on the carmaker’s plan to ditch combustion engines. He’s going all-in on electric vehicles (EVs) by 2026 – faster than any of its global markets. Volvo has deep sustainability commitments, pledging to become climate neutral across its supply chain by 2040. But Connor’s gone for first mover advantage for profit just as much as purpose, because by 2030 “every manufacturer in Australia will be standing on the mountain beating their chests about EVs”. By then, the market will be awash with technologically advanced electric cars. Hence Connor thinks brand will become the key differentiator – and he’s backing Marketing Director Julie Hutchinson to ensure Volvo builds a greater share of mind. "The race is already on," she says, with EV ad spend tripling last year.  But the sprint to all-electric cars means major change ahead for dealers and retail operations (Volvo is about to launch a direct-to-consumer play) while a rapid rollout of new electric models requires new business models – including subscriptions – to scoop a new cohort of younger buyers. Here’s the plan.  

36:29

EP265 - S1

3 Apr 23

Yahoo’s new team, new mission: Yahoo Australia execs unpack the global restructure and the “why and what” of a new, simplified game plan

There’s been just a little happening inside the $8 billion Yahoo business globally - and in Australia. The digital content and advertising business announced last month it would reduce its total workforce by 20 per cent but global CEO Jim Lanzone told Axios recently the layoffs were not about financial challenges. Rather it was an important strategic change. No longer is Yahoo pushing a “unified tech stack” to compete with Google or Meta. “We really had to take a hard look at the business and make the big decision to refocus and prioritise where we really succeed the most,” says John McNerney, Yahoo’s new Managing Director for Australia and Southeast Asia. “It was nothing to do with financial challenges or troubles in the advertising market but really instead about a strategic restructuring and refocus globally for long term success. We were trying to be the masters of everything, building a unified tech platform with DSPs and SSPs to compete against Google and Meta but we realised change was needed.”

Yahoo’s new team, new mission: Yahoo Australia execs unpack the global restructure and the “why and what” of a new, simplified game plan

There’s been just a little happening inside the $8 billion Yahoo business globally - and in Australia. The digital content and advertising business announced last month it would reduce its total workforce by 20 per cent but global CEO Jim Lanzone told Axios recently the layoffs were not about financial challenges. Rather it was an important strategic change. No longer is Yahoo pushing a “unified tech stack” to compete with Google or Meta. “We really had to take a hard look at the business and make the big decision to refocus and prioritise where we really succeed the most,” says John McNerney, Yahoo’s new Managing Director for Australia and Southeast Asia. “It was nothing to do with financial challenges or troubles in the advertising market but really instead about a strategic restructuring and refocus globally for long term success. We were trying to be the masters of everything, building a unified tech platform with DSPs and SSPs to compete against Google and Meta but we realised change was needed.”

50:10

EP264 - S1

30 Mar 23

'Ethical personalisation’: How a leading CX, martech convert at Norths Collective is (finally) proving ROI on tech stack investment, not just campaigns; engagement rates rocketing over global norms; Lion hungry to tap its member app and loyalty program

Ask any marketer with CX and martech in their remit to prove the return on those investments and it can get a little awkward. But CFOs are increasingly asking the same question. Here’s a full and frank download from a marketer doing exactly that: assessing ROI on its customer experience strategy - on and offline - after going all in on Salesforce, just before the pandemic hit. Rob Lopez, GM of CX, Brand and Innovation at Norths Collective – which operates eight venues and clubs and two fitness centres across Sydney – has embarked on "Project ROI" to quantify its contribution to profit. Lopez already knows the transformation is working: engagement rates are through the roof thanks to what he calls “ethical personalisation” and the firm is able to attribute comms output to member action, digitally at least. Now it is digitising memberships to better understand offline – or in-venue – activity. The kind of insights it is delivering to the likes of Lion has the drinks giant smacking its lips to get inside the new app. Meanwhile, smarter data and analytics capability means Norths is de-risking its next phase of growth – because it knows the dollar value existing members can bring to new venues “before we even open the door”. Lopez has five tips for marketers embarking – or rethinking – their digital transformation strategies. 

'Ethical personalisation’: How a leading CX, martech convert at Norths Collective is (finally) proving ROI on tech stack investment, not just campaigns; engagement rates rocketing over global norms; Lion hungry to tap its member app and loyalty program

Ask any marketer with CX and martech in their remit to prove the return on those investments and it can get a little awkward. But CFOs are increasingly asking the same question. Here’s a full and frank download from a marketer doing exactly that: assessing ROI on its customer experience strategy - on and offline - after going all in on Salesforce, just before the pandemic hit. Rob Lopez, GM of CX, Brand and Innovation at Norths Collective – which operates eight venues and clubs and two fitness centres across Sydney – has embarked on "Project ROI" to quantify its contribution to profit. Lopez already knows the transformation is working: engagement rates are through the roof thanks to what he calls “ethical personalisation” and the firm is able to attribute comms output to member action, digitally at least. Now it is digitising memberships to better understand offline – or in-venue – activity. The kind of insights it is delivering to the likes of Lion has the drinks giant smacking its lips to get inside the new app. Meanwhile, smarter data and analytics capability means Norths is de-risking its next phase of growth – because it knows the dollar value existing members can bring to new venues “before we even open the door”. Lopez has five tips for marketers embarking – or rethinking – their digital transformation strategies. 

45:41

EP263 - S1

27 Mar 23

Three speed economy and ESG pressure: Top business editors on what rate rises and a $20k mortgage hit mean for consumer spending, retail and brand purpose

Australia will escape a recession this year but not a downturn, per Sky News Business editor, Ross Greenwood. But the impact of rate rises means the average mortgage payer is now $20k out of pocket. If fewer people move home, fewer white goods and consumer electronics get bought – creating a negative cycle and something of a two-speed economy as the squeezed middle and lower income households cut back. But the third of Australians with no mortgage cash in the bank are still spending, and luxury is booming as a result. Meanwhile, Western Australia is as ever forging its own path and younger consumers still spending, creating a three-speed national economy. But Buy Now Pay Later buttons “are taking a hammering” in WA, warns The West Australian's Business Editor Sarah Jane Tasker. “That raises some concerns about when the pay later kicks in”. Across the economy, the Federal Treasurer is talking up ‘values-based capitalism’, which will chime with brands putting purpose at their core. AFR economics editor John Kehoe thinks that trend is here to stay – though may be scuppered in the short-term should economic headwinds strengthen and cost hikes outweigh good intent. “But for the now, in the foreseeable future, people want governments and businesses involved in these sort of social and ESG causes.”

Three speed economy and ESG pressure: Top business editors on what rate rises and a $20k mortgage hit mean for consumer spending, retail and brand purpose

Australia will escape a recession this year but not a downturn, per Sky News Business editor, Ross Greenwood. But the impact of rate rises means the average mortgage payer is now $20k out of pocket. If fewer people move home, fewer white goods and consumer electronics get bought – creating a negative cycle and something of a two-speed economy as the squeezed middle and lower income households cut back. But the third of Australians with no mortgage cash in the bank are still spending, and luxury is booming as a result. Meanwhile, Western Australia is as ever forging its own path and younger consumers still spending, creating a three-speed national economy. But Buy Now Pay Later buttons “are taking a hammering” in WA, warns The West Australian's Business Editor Sarah Jane Tasker. “That raises some concerns about when the pay later kicks in”. Across the economy, the Federal Treasurer is talking up ‘values-based capitalism’, which will chime with brands putting purpose at their core. AFR economics editor John Kehoe thinks that trend is here to stay – though may be scuppered in the short-term should economic headwinds strengthen and cost hikes outweigh good intent. “But for the now, in the foreseeable future, people want governments and businesses involved in these sort of social and ESG causes.”

39:06

EP262 - S1

23 Mar 23

Dream flight: How Virgin’s decimated marketing team launched an automated creative campaign with 80,000 'full funnel' ad variants, lifted revenues 30% but...brands will cede more control to Google, Meta under new privacy regime

The killer combination of Covid and voluntary administration decimated Virgin Australia’s marketing team to a handful but under its new private equity owners, Bain Capital, Virgin’s head of paid media, Ben Will, finally got to deploy a massively scaled and personalised programmatic ad campaign that he had been dreaming about for years – but it nearly cracked the Virgin team and its media and dynamic creative partners at PHD and Adylic in the process. It took months after launch to fine tune but they survived, ultimately lifted revenues 30% and won the MFA’s top award for real-time marketing for their efforts. But Will is worried new privacy laws will hand much of the control he currently has to "test and learn" to the walled gardens like Google and Meta, where their unknown tools and AI do all the optimisation without any visibility for advertisers.  

Dream flight: How Virgin’s decimated marketing team launched an automated creative campaign with 80,000 'full funnel' ad variants, lifted revenues 30% but...brands will cede more control to Google, Meta under new privacy regime

The killer combination of Covid and voluntary administration decimated Virgin Australia’s marketing team to a handful but under its new private equity owners, Bain Capital, Virgin’s head of paid media, Ben Will, finally got to deploy a massively scaled and personalised programmatic ad campaign that he had been dreaming about for years – but it nearly cracked the Virgin team and its media and dynamic creative partners at PHD and Adylic in the process. It took months after launch to fine tune but they survived, ultimately lifted revenues 30% and won the MFA’s top award for real-time marketing for their efforts. But Will is worried new privacy laws will hand much of the control he currently has to "test and learn" to the walled gardens like Google and Meta, where their unknown tools and AI do all the optimisation without any visibility for advertisers.  

42:19

EP261 - S1

20 Mar 23

Halve digital ad emissions in 12 months by culling adtech, binning outstream ads, swapping viewability for attention metrics and flicking junk ad inventory, says Scope 3’s Brian O’Kelley: Suncorp, NAB and AMI ask the curly questions

There’s an easy way to cut carbon emissions from digital advertising. Stop buying “crap” ads that “no human sees”, ditch “gamed” viewability metrics and instead buy on attention, never buy another outstream video ad, and cull the bloated programmatic supply chain, per Brian O’Kelley. The CEO of Scope 3, a global emissions measurement firm focusing on decarbonising digital media and advertising, knows how much waste lurks within that supply chain – the sprawling Lumascape – because he was in deep and early, founding AppNexus, which ultimately sold to ATT&T for $1.7bn. Even “turning off five to seven per cent of inventory gets you a 29 or 30 per cent reduction in carbon,” says O’Kelley. Publishers feeling the heat to decarbonise – GroupM and Mediabrands are talking about money moving next year – needn’t fear. He reckons they will see more cents in the ad dollar as the bad actors get punted. Marketers will also stop wasting billions of ad dollars while saving millions of tonnes of carbon. But marketers have to lead, because everyone else will follow the money. Suncorp CMO Mim Haysom, NAB Head of Marketing Planning & Performance, Tom Dobson, and Australian Marketing Institute CEO, Bronwyn Powell join Mi3 on the mics to ask the pointy questions on where next – and how fast.   

Halve digital ad emissions in 12 months by culling adtech, binning outstream ads, swapping viewability for attention metrics and flicking junk ad inventory, says Scope 3’s Brian O’Kelley: Suncorp, NAB and AMI ask the curly questions

There’s an easy way to cut carbon emissions from digital advertising. Stop buying “crap” ads that “no human sees”, ditch “gamed” viewability metrics and instead buy on attention, never buy another outstream video ad, and cull the bloated programmatic supply chain, per Brian O’Kelley. The CEO of Scope 3, a global emissions measurement firm focusing on decarbonising digital media and advertising, knows how much waste lurks within that supply chain – the sprawling Lumascape – because he was in deep and early, founding AppNexus, which ultimately sold to ATT&T for $1.7bn. Even “turning off five to seven per cent of inventory gets you a 29 or 30 per cent reduction in carbon,” says O’Kelley. Publishers feeling the heat to decarbonise – GroupM and Mediabrands are talking about money moving next year – needn’t fear. He reckons they will see more cents in the ad dollar as the bad actors get punted. Marketers will also stop wasting billions of ad dollars while saving millions of tonnes of carbon. But marketers have to lead, because everyone else will follow the money. Suncorp CMO Mim Haysom, NAB Head of Marketing Planning & Performance, Tom Dobson, and Australian Marketing Institute CEO, Bronwyn Powell join Mi3 on the mics to ask the pointy questions on where next – and how fast.   

47:53

EP260 - S1

13 Mar 23

‘Dark bars, A-list investors’: McKinsey, Virgin, Contiki, now me&u – how Australia’s top tech female leader Katrina Barry is chasing $250bn in global consumer spend, crunching bar and pub business models with more tech, less humans and much happier, higher-spending customers

Katrina Barry is Deloitte Tech's Fast 50 female leadership winner for 2022 and CEO of the globally ambitious Australian restaurant and pubs ordering app me&u, backed by a Hollywood style list of Australian names including Merrivale’s Justin Hemmes, Rockpool's Neil Perry, Uber Australia co-founder Mike Abbott and former Google ANZ and current Domain boss Jason Pellegrino.  She's about a year into the role – me&u already controls about 70 per cent of large format hospitality venues in Australia and is now going global. Barry argues the little round device on bar and food tables is actually about business transformation, customer experience and, for venues, at least 30 per cent more orders if patrons don't have to wait for a negroni or a kale infused pheasant at the counter - or for a host. Hence, many venues are now creating dark bars as one tactic to improve customer experience and sales. Here’s why a little bit of tech in a pub or restaurant is transforming the economics of the hospitality sector - and customer happiness. 

‘Dark bars, A-list investors’: McKinsey, Virgin, Contiki, now me&u – how Australia’s top tech female leader Katrina Barry is chasing $250bn in global consumer spend, crunching bar and pub business models with more tech, less humans and much happier, higher-spending customers

Katrina Barry is Deloitte Tech's Fast 50 female leadership winner for 2022 and CEO of the globally ambitious Australian restaurant and pubs ordering app me&u, backed by a Hollywood style list of Australian names including Merrivale’s Justin Hemmes, Rockpool's Neil Perry, Uber Australia co-founder Mike Abbott and former Google ANZ and current Domain boss Jason Pellegrino.  She's about a year into the role – me&u already controls about 70 per cent of large format hospitality venues in Australia and is now going global. Barry argues the little round device on bar and food tables is actually about business transformation, customer experience and, for venues, at least 30 per cent more orders if patrons don't have to wait for a negroni or a kale infused pheasant at the counter - or for a host. Hence, many venues are now creating dark bars as one tactic to improve customer experience and sales. Here’s why a little bit of tech in a pub or restaurant is transforming the economics of the hospitality sector - and customer happiness. 

51:47

EP259 - S1

6 Mar 23

SCA pushes back on media agencies driving carbon agenda, eyes bigger slice of TV budgets for audio as inflation rises, reach tails off – and FMCG advertisers are getting the message

Southern Cross Austereo Chief Sales Officer Brian Gallagher has some contrarian views on the big push from agency groups to have media owners meet ESG and carbon neutral benchmarks as part of their annual ad deal negotiations. He also argues media buyers might be a little lost in the haze of numbers when audio platforms like Spotify bundle overall podcast audience numbers, which include SCA shows that Spotify can't commercialise. Gallagher says there's widespread misconception that they can. On the flip side, SCA Head of Ad Product, Jonathan Mandel are buoyed by the continuing surge of digital audio listening. At a market level, 9.4 million people are tuning in every week into the digital channel – the same number as broadcaster BVOD audiences. Mandel says there are major reach gains to be had for advertisers that take a slice of TV budgets: “If you're investing into a BVOD campaign, the studies we have developed show that if you put 15 per cent of that budget into digital audio, you can increase your reach and the overall reach curve by an additional 40 per cent.” Gallagher says the message is landing: “We've got FMCG advertisers onboard that have never advertised on radio before. I’m talking seven-figure commitments.”

SCA pushes back on media agencies driving carbon agenda, eyes bigger slice of TV budgets for audio as inflation rises, reach tails off – and FMCG advertisers are getting the message

Southern Cross Austereo Chief Sales Officer Brian Gallagher has some contrarian views on the big push from agency groups to have media owners meet ESG and carbon neutral benchmarks as part of their annual ad deal negotiations. He also argues media buyers might be a little lost in the haze of numbers when audio platforms like Spotify bundle overall podcast audience numbers, which include SCA shows that Spotify can't commercialise. Gallagher says there's widespread misconception that they can. On the flip side, SCA Head of Ad Product, Jonathan Mandel are buoyed by the continuing surge of digital audio listening. At a market level, 9.4 million people are tuning in every week into the digital channel – the same number as broadcaster BVOD audiences. Mandel says there are major reach gains to be had for advertisers that take a slice of TV budgets: “If you're investing into a BVOD campaign, the studies we have developed show that if you put 15 per cent of that budget into digital audio, you can increase your reach and the overall reach curve by an additional 40 per cent.” Gallagher says the message is landing: “We've got FMCG advertisers onboard that have never advertised on radio before. I’m talking seven-figure commitments.”

40:40

EP258 - S1

2 Mar 23

Stack wars – a new hope: Nine’s first Group CMO Liana Dubois says Nine consolidating martech, restructuring marketing in bid for growth, but budget ‘safe’; relishes competitive clash with former Optus turned Seven CMO Mel Hopkins

After five years of mergers and acquisitions, Nine’s first Group CMO Liana Dubois has hinted at an incoming major brand offensive as the former boss of the media group’s Powered division says the network will walk the talk on creativity. Seven months into the role, Dubois says Nine has de-siloed its marketing operation and the next surgical intervention is a major review of its disparate tech stack. While Nine’s latest results suggest cost efficiency is the name of the game across the business, Dubois says CEO Mike Sneesby is a "big believer in marketing-led growth". Perhaps her budget is safe for now. Either way, she says Nine has plenty of scale to harness across its vast owned assets, though how Australia’s data-privacy overhaul ultimately crimps those plans remains to be seen. Meanwhile, with former Optus CMO Mel Hopkins now Dubois’ opposite number at Seven, a new competitive tension is brewing as the networks battle shifting audience consumption and buyers holding out to see which way the chips fall. Dubois says it will be good for the category. 

Stack wars – a new hope: Nine’s first Group CMO Liana Dubois says Nine consolidating martech, restructuring marketing in bid for growth, but budget ‘safe’; relishes competitive clash with former Optus turned Seven CMO Mel Hopkins

After five years of mergers and acquisitions, Nine’s first Group CMO Liana Dubois has hinted at an incoming major brand offensive as the former boss of the media group’s Powered division says the network will walk the talk on creativity. Seven months into the role, Dubois says Nine has de-siloed its marketing operation and the next surgical intervention is a major review of its disparate tech stack. While Nine’s latest results suggest cost efficiency is the name of the game across the business, Dubois says CEO Mike Sneesby is a "big believer in marketing-led growth". Perhaps her budget is safe for now. Either way, she says Nine has plenty of scale to harness across its vast owned assets, though how Australia’s data-privacy overhaul ultimately crimps those plans remains to be seen. Meanwhile, with former Optus CMO Mel Hopkins now Dubois’ opposite number at Seven, a new competitive tension is brewing as the networks battle shifting audience consumption and buyers holding out to see which way the chips fall. Dubois says it will be good for the category. 

34:25

EP257 - S1

27 Feb 23

‘If you have to cut marketing spend, cut what’s not working’: Youi and PointsBet marketers plug into AI-powered brand equity model to link marketing investment directly to revenue

Two pointy questions everyone is asking: Is the economic crunch going to flip marketing plans and budgets this year? And what impact will budget cuts or a shift to performance marketing have on revenues and the P&L? Hard questions to answer. But Youi CMO Angela Greenwood and PointsBet digital strategy chief Calvin Cain are armed with better data not just to shield budgets from the axe – but to identify which cuts will have least revenue impact. Mutinex CEO Henry Innis says the SaaS platform’s brand equity product – which can quantify “brand equity, preference, salience, consideration metrics and output that to revenue” – goes one step further as rate rises start to bite. Cain says PointsBet is plugging in: “In wagering, marketing is one of the single largest P&L line items”, says Cain, and what can’t be linked to sales is usually first against the wall. Youi’s Greenwood says brand building and predictability of what it will return is “critical” as consumer spending, and price sensitivity, tightens.

‘If you have to cut marketing spend, cut what’s not working’: Youi and PointsBet marketers plug into AI-powered brand equity model to link marketing investment directly to revenue

Two pointy questions everyone is asking: Is the economic crunch going to flip marketing plans and budgets this year? And what impact will budget cuts or a shift to performance marketing have on revenues and the P&L? Hard questions to answer. But Youi CMO Angela Greenwood and PointsBet digital strategy chief Calvin Cain are armed with better data not just to shield budgets from the axe – but to identify which cuts will have least revenue impact. Mutinex CEO Henry Innis says the SaaS platform’s brand equity product – which can quantify “brand equity, preference, salience, consideration metrics and output that to revenue” – goes one step further as rate rises start to bite. Cain says PointsBet is plugging in: “In wagering, marketing is one of the single largest P&L line items”, says Cain, and what can’t be linked to sales is usually first against the wall. Youi’s Greenwood says brand building and predictability of what it will return is “critical” as consumer spending, and price sensitivity, tightens.

39:17

EP256 - S1

23 Feb 23

Thinking outside the retailer media box: How Mars Petcare turned Amazon deliveries into a reach play, boosted Whiskas ecom sales 70 per cent, flipped search declines

Here’s an award-winning tale of how Amazon and Whiskas reinvented the ecom giant's cardboard delivery boxes as media – and a play centre for cats – in a bid to woo younger cat owners away from upstart challenger brands nibbling away at market share. They turned every medium and large size Amazon delivery box for two months (“low hundreds of thousands”) into branded cat castles, offices and… rollercoasters. They also wrapped in targeted ads across Amazon’s ad network, plus a branded DTC storefront. It worked, sending sales soaring 70 per cent, with afterburners for the rest of the year while flipping branded search declines into reverse. But there’s more meat in this can: Whiskas will this year launch a major brand overhaul designed to woo the under 45s amid a share war Mars Petcare Portfolio Marketing Director, Camille Shepherd, says has are distinct parallels with craft beer. She’s joined on the mics by EssenceMediacom’s Sophie Price and Michelle O’Brien.

Thinking outside the retailer media box: How Mars Petcare turned Amazon deliveries into a reach play, boosted Whiskas ecom sales 70 per cent, flipped search declines

Here’s an award-winning tale of how Amazon and Whiskas reinvented the ecom giant's cardboard delivery boxes as media – and a play centre for cats – in a bid to woo younger cat owners away from upstart challenger brands nibbling away at market share. They turned every medium and large size Amazon delivery box for two months (“low hundreds of thousands”) into branded cat castles, offices and… rollercoasters. They also wrapped in targeted ads across Amazon’s ad network, plus a branded DTC storefront. It worked, sending sales soaring 70 per cent, with afterburners for the rest of the year while flipping branded search declines into reverse. But there’s more meat in this can: Whiskas will this year launch a major brand overhaul designed to woo the under 45s amid a share war Mars Petcare Portfolio Marketing Director, Camille Shepherd, says has are distinct parallels with craft beer. She’s joined on the mics by EssenceMediacom’s Sophie Price and Michelle O’Brien.

26:20

EP255 - S1

20 Feb 23

‘I’ve never made a client cry’: Deloitte Digital Global CEO Sam Roddick’s mission with ex-ad agency boss Nick Garrett to copy Apple’s creativity, design and engineering for digital restructuring programs – and why the ‘majority’ still fail

During a recent high-level pitch to the CEO of a leading but unnamed global consumer packaged goods firm hunting 25 per cent growth in a mature category, “the eyes lit up” at the combined code, creative and culture components being proposed by the “cold, hard analytical” consulting firm Deloitte Digital, as Global CEO Sam Roddick recounts. The pitch involved a top Deloitte Digital team unveiling the blueprint for a new direct-to-consumer (DTC) business unit to deliver on the CEO’s ambitious growth remit. Roddick hopes it’s a benchmark project in-the-making as his firm accelerates to “mimic” Apple-like design and creative capabilities with engineering and systems prowess. The new ‘X’ factor for Deloitte Digital though is the nod to creativity and the business contribution it makes as a “value multiplier” for its industrial-grade customers. Part of Roddick’s global plan to help institutionalise creative thinking in the $16bn firm involves a former BBDO ad agency network CEO in Australia and New Zealand, Nick Garrett. But can the “cold, hard, analytical” firm really pull this one off?    

‘I’ve never made a client cry’: Deloitte Digital Global CEO Sam Roddick’s mission with ex-ad agency boss Nick Garrett to copy Apple’s creativity, design and engineering for digital restructuring programs – and why the ‘majority’ still fail

During a recent high-level pitch to the CEO of a leading but unnamed global consumer packaged goods firm hunting 25 per cent growth in a mature category, “the eyes lit up” at the combined code, creative and culture components being proposed by the “cold, hard analytical” consulting firm Deloitte Digital, as Global CEO Sam Roddick recounts. The pitch involved a top Deloitte Digital team unveiling the blueprint for a new direct-to-consumer (DTC) business unit to deliver on the CEO’s ambitious growth remit. Roddick hopes it’s a benchmark project in-the-making as his firm accelerates to “mimic” Apple-like design and creative capabilities with engineering and systems prowess. The new ‘X’ factor for Deloitte Digital though is the nod to creativity and the business contribution it makes as a “value multiplier” for its industrial-grade customers. Part of Roddick’s global plan to help institutionalise creative thinking in the $16bn firm involves a former BBDO ad agency network CEO in Australia and New Zealand, Nick Garrett. But can the “cold, hard, analytical” firm really pull this one off?    

51:19

EP254 - S1

13 Feb 23

‘Meteoric rise’: How tradie platform Hipages halved paid search and customer acquisition costs after brand investment; next a review of Nine’s The Block, upswing for content marketing, click rate optimisation, tech stack overhaul and…impress investors

Hipages Chief Customer Officer Stuart Tucker and VP of Marketing Nick Ellery say growing an online marketplace requires an entirely new suite of marketing and media capabilities to create and match demand and supply between households needing a tradesperson and tradies needing work - and it’s loaded with tension. They’ve got to build a B2C and B2B brand simultaneously and mange short-term demand volumes for two completely different customer sets in real time down to postcode level. That means more sophisticated data feeds to inform fast direct response media channel tactics like paid search when plumbers need work in Melbourne’s Hawthorn next week or household demand for sparkies in Sydney’s Hornsby is surging today. They’re quickly mastering brand and performance levers together and now adding to the “mid-funnel” with content. Here’s what Hipages is doing next after a  three-year “transformational” investment building its brand that has slashed the reliance on paid search for new customers - although it remains a leading tactical strategy for the business. 

‘Meteoric rise’: How tradie platform Hipages halved paid search and customer acquisition costs after brand investment; next a review of Nine’s The Block, upswing for content marketing, click rate optimisation, tech stack overhaul and…impress investors

Hipages Chief Customer Officer Stuart Tucker and VP of Marketing Nick Ellery say growing an online marketplace requires an entirely new suite of marketing and media capabilities to create and match demand and supply between households needing a tradesperson and tradies needing work - and it’s loaded with tension. They’ve got to build a B2C and B2B brand simultaneously and mange short-term demand volumes for two completely different customer sets in real time down to postcode level. That means more sophisticated data feeds to inform fast direct response media channel tactics like paid search when plumbers need work in Melbourne’s Hawthorn next week or household demand for sparkies in Sydney’s Hornsby is surging today. They’re quickly mastering brand and performance levers together and now adding to the “mid-funnel” with content. Here’s what Hipages is doing next after a  three-year “transformational” investment building its brand that has slashed the reliance on paid search for new customers - although it remains a leading tactical strategy for the business. 

47:25

EP253 - S1

6 Feb 23

From CFO to Chief Customer Officer: How a Wesfarmers exec handbraked finance career to become mycar’s CCO, dumped and relaunched a new brand and end-to-end CX remap – using a reinvented creative agency for CX and media

A former Wesfarmers CFO, of all people, led the cull of the Kmart Tyre & Auto brand after 50 years in market but took on the challenge to rebuild as mycar's Chief Customer Officer, tasking a creative agency, TBWA, with full service CX, media and brand transformation. It worked: sales are up 23 per cent, at least since 2020. Now under Adele Coswello mycar is positioning for another major transition – electric vehicles – while bidding to steal share from free-spending pure-play rivals such as Bob Jane T-Marts and Ultra Tune. It's dropped a retail, up-sell focus and gone all out for 'people first’ and building pop-up stores next to shopping centres, putting vans on the road to deliver mobile services, while putting tech into its garages that give customers a stream of their cars' vital signs – and what's being done to keep them healthy. Meanwhile TBWA chief Paul Bradbury says moving into CX and media and taking on the consulting giants is the shape of things to come.

From CFO to Chief Customer Officer: How a Wesfarmers exec handbraked finance career to become mycar’s CCO, dumped and relaunched a new brand and end-to-end CX remap – using a reinvented creative agency for CX and media

A former Wesfarmers CFO, of all people, led the cull of the Kmart Tyre & Auto brand after 50 years in market but took on the challenge to rebuild as mycar's Chief Customer Officer, tasking a creative agency, TBWA, with full service CX, media and brand transformation. It worked: sales are up 23 per cent, at least since 2020. Now under Adele Coswello mycar is positioning for another major transition – electric vehicles – while bidding to steal share from free-spending pure-play rivals such as Bob Jane T-Marts and Ultra Tune. It's dropped a retail, up-sell focus and gone all out for 'people first’ and building pop-up stores next to shopping centres, putting vans on the road to deliver mobile services, while putting tech into its garages that give customers a stream of their cars' vital signs – and what's being done to keep them healthy. Meanwhile TBWA chief Paul Bradbury says moving into CX and media and taking on the consulting giants is the shape of things to come.

55:38

EP252 - S1

30 Jan 23

Mexican standoff: Out-Of-Home sector hits agency slow lane on take-up for neuro impact versus attention metrics; Avenue C’s Pia Coyle implores buyers and sellers to get over pricing fear paralysis

Attention measurement has captured much of the ad industry’s focus in the past two years just as the out-of-home industry body, OMA, was well into its roadmap to apply a “Neuro Impact Factor” to thousands of individual digital and static screens. Neuro-Insight, the firm behind the measurement system, has among the most robust, academically peer-reviewed advertising science worldwide – initially developed by Professor Richard Silberstein and neuroscientists at Swinburne University’s Brain Sciences Institute to understand brain behaviour among ADD and ADHD children. Despite the science – real advertising science as its proponents argue – media agencies are dragging the chain on take-up, certainly versus emerging and scaled attention metrics. But here’s why the industry needs both and what should happen next according to Avenue C’s Pia Coyle, Neuro-Insight’s Peter Pynta and the OMA’s Grant Guesdon.

Mexican standoff: Out-Of-Home sector hits agency slow lane on take-up for neuro impact versus attention metrics; Avenue C’s Pia Coyle implores buyers and sellers to get over pricing fear paralysis

Attention measurement has captured much of the ad industry’s focus in the past two years just as the out-of-home industry body, OMA, was well into its roadmap to apply a “Neuro Impact Factor” to thousands of individual digital and static screens. Neuro-Insight, the firm behind the measurement system, has among the most robust, academically peer-reviewed advertising science worldwide – initially developed by Professor Richard Silberstein and neuroscientists at Swinburne University’s Brain Sciences Institute to understand brain behaviour among ADD and ADHD children. Despite the science – real advertising science as its proponents argue – media agencies are dragging the chain on take-up, certainly versus emerging and scaled attention metrics. But here’s why the industry needs both and what should happen next according to Avenue C’s Pia Coyle, Neuro-Insight’s Peter Pynta and the OMA’s Grant Guesdon.

39:24

EP251 - S1

23 Jan 23

Re-engineering out of home: How The Guardian’s brand push drove JCDecaux to open its network to editors and set a global standard; where carbon-conscious brands are moving their ad dollars and why online pureplays are switching channels

Three months ago, The Guardian launched its first Australian brand campaign in a bid for double-digit audience increases – and ploughed its entire budget into one media partner. JCDecaux won the brief because it could deliver scale and the tech capability to enable real-time API feeds direct from the Guardian’s editors without any human intervention. But critically, because JCDecaux is also aligned on environmental, social and corporate governance, or ESG. Now both The Guardian and JCDecaux say they are winning significant new business on the back of green credentials, while the campaign is starting to move the needle. Meanwhile, the tech development work to deliver the year-long brand push has set a template for JCDecaux to lift and deploy globally. JCDecaux Chief Marketer, Essie Wake, and The Guardian Director of Growth, Jocelin Abbey, unpack the story behind the headlines on the billboards – and the strong parallels with the shift in strategy from pureplay online retailers to out of home formats.

Re-engineering out of home: How The Guardian’s brand push drove JCDecaux to open its network to editors and set a global standard; where carbon-conscious brands are moving their ad dollars and why online pureplays are switching channels

Three months ago, The Guardian launched its first Australian brand campaign in a bid for double-digit audience increases – and ploughed its entire budget into one media partner. JCDecaux won the brief because it could deliver scale and the tech capability to enable real-time API feeds direct from the Guardian’s editors without any human intervention. But critically, because JCDecaux is also aligned on environmental, social and corporate governance, or ESG. Now both The Guardian and JCDecaux say they are winning significant new business on the back of green credentials, while the campaign is starting to move the needle. Meanwhile, the tech development work to deliver the year-long brand push has set a template for JCDecaux to lift and deploy globally. JCDecaux Chief Marketer, Essie Wake, and The Guardian Director of Growth, Jocelin Abbey, unpack the story behind the headlines on the billboards – and the strong parallels with the shift in strategy from pureplay online retailers to out of home formats.

44:00

EP250 - S1

15 Dec 22

The war on brand, the death of hyper-targeting and why marketers need to market to finance or see budgets slashed – B2B Institute, NAB and Mindshare on key trends for 2023 and beyond

Personalisation is possibly “the worst idea we have come across in digital marketing,” per B2B Institute’s John Lombardo – even Amazon can’t do it properly. “Find the biggest things that matter to the biggest group of buyers – that's the real commercial opportunity,” per Lombardo. He thinks 1:1 personalisation ultimately leads to a surveillance state. The downturn-induced swing back to performance over brand is another big mistake. “It’s survival, I get it … But you can't just keep on adding up the short-terms and expect some sort of long-term strategy.” Former performance purist, Maria Grivas, now CEO at Mindshare, thinks performance marketers are much maligned – and are targeting longer-term growth as well as immediate gains. The problem is that CFOs demand demonstrable growth metrics. That means marketing to finance, per Lombardo, should be the “most urgent” CMO 2023 agenda item, “otherwise we get our budgets cut”. Elly Bloom, Executive Marketing, Business & Private Banking at NAB, is doing just that, using market mix modelling (MMM) to demonstrate which investments are generating returns in hard business terms – and where to spend next. “It’s been invaluable”, says Bloom. Lombardo doubts econometric models can accurately prove where marketing is moving the needle – but thinks even demonstrating attempted due diligence to CFOs via MMM serves its purpose.

The war on brand, the death of hyper-targeting and why marketers need to market to finance or see budgets slashed – B2B Institute, NAB and Mindshare on key trends for 2023 and beyond

Personalisation is possibly “the worst idea we have come across in digital marketing,” per B2B Institute’s John Lombardo – even Amazon can’t do it properly. “Find the biggest things that matter to the biggest group of buyers – that's the real commercial opportunity,” per Lombardo. He thinks 1:1 personalisation ultimately leads to a surveillance state. The downturn-induced swing back to performance over brand is another big mistake. “It’s survival, I get it … But you can't just keep on adding up the short-terms and expect some sort of long-term strategy.” Former performance purist, Maria Grivas, now CEO at Mindshare, thinks performance marketers are much maligned – and are targeting longer-term growth as well as immediate gains. The problem is that CFOs demand demonstrable growth metrics. That means marketing to finance, per Lombardo, should be the “most urgent” CMO 2023 agenda item, “otherwise we get our budgets cut”. Elly Bloom, Executive Marketing, Business & Private Banking at NAB, is doing just that, using market mix modelling (MMM) to demonstrate which investments are generating returns in hard business terms – and where to spend next. “It’s been invaluable”, says Bloom. Lombardo doubts econometric models can accurately prove where marketing is moving the needle – but thinks even demonstrating attempted due diligence to CFOs via MMM serves its purpose.

54:58

EP249 - S1

1 Dec 22

‘Tortuous transformation’: From Suncorp to News Corp – how former CMO Mark Reinke reinvented to lead consumer media and crack 1 million subscribers; new growth from ‘throwing out old media rules’ with AI, tech stacks, UX and a paying younger, restless set

The intense heat and conjecture coming on the subscription models of Netflix, Stan, Paramount+, Disney+ and beyond may, ironically, not cut so deep for battle-weary publishers if they keep moving fast with new bundled products, content, AI and UX. That’s Mark Reinke’s view, who moved from financial services to the media industry in 2019 and admits plunging into a baptism of fire – publishing is tough, News Corp to many even tougher. Under Reinke, News Corp has launched subscription puzzles, mindfulness and wagering sites, its first podcast series - crime - with Apple that is casting for a global subscription audience and a younger version of The Australian – The Oz - which looks more like Instagram and has attracted 500,000 younger readers since launching six months ago. News Corp’s Australian experience is matching – ahead in some areas – what is underway globally among publishers according to Tim Rowell, APAC boss of subscription platform Piano, which counts 3,000 media titles worldwide using its tech. Rowell says editors and journalists have seen many of their assumptions challenged about how audiences consume and behave with content – the old newspaper lifestyle sections are returning as new gold in rebundled digital subscription packs – and there are big lessons for brands, their advertising plans and content marketing investments. Heads-up: move faster, experiment more, repackage content, use AI to find smaller but lucrative emerging audiences and blow up assumptions. New rules are playing out.

‘Tortuous transformation’: From Suncorp to News Corp – how former CMO Mark Reinke reinvented to lead consumer media and crack 1 million subscribers; new growth from ‘throwing out old media rules’ with AI, tech stacks, UX and a paying younger, restless set

The intense heat and conjecture coming on the subscription models of Netflix, Stan, Paramount+, Disney+ and beyond may, ironically, not cut so deep for battle-weary publishers if they keep moving fast with new bundled products, content, AI and UX. That’s Mark Reinke’s view, who moved from financial services to the media industry in 2019 and admits plunging into a baptism of fire – publishing is tough, News Corp to many even tougher. Under Reinke, News Corp has launched subscription puzzles, mindfulness and wagering sites, its first podcast series - crime - with Apple that is casting for a global subscription audience and a younger version of The Australian – The Oz - which looks more like Instagram and has attracted 500,000 younger readers since launching six months ago. News Corp’s Australian experience is matching – ahead in some areas – what is underway globally among publishers according to Tim Rowell, APAC boss of subscription platform Piano, which counts 3,000 media titles worldwide using its tech. Rowell says editors and journalists have seen many of their assumptions challenged about how audiences consume and behave with content – the old newspaper lifestyle sections are returning as new gold in rebundled digital subscription packs – and there are big lessons for brands, their advertising plans and content marketing investments. Heads-up: move faster, experiment more, repackage content, use AI to find smaller but lucrative emerging audiences and blow up assumptions. New rules are playing out.

01:01:35

EP248 - S1

28 Nov 22

QMS’s ‘world first’ outdoor attention pilot How Amplified Intelligence measures

QMS has carried out a world first outdoor attention pilot with Amplified Intelligence, aiming to train Artificial Intelligence to recognise audiences – not dogs – viewing assets like street furniture. After a feasibility study with Amplified Intelligence CEO Karen Nelson-Field last year, her team put cameras around assets to track gaze, recognise faces and even “pose estimation” to measure humans as opposed to cars, prams and dogs. “It is literally world first in this space,” says Nelson-Field. Outdoor attention is not necessarily fleeting – think people waiting for a bus. The aim, QMS’s Chief Strategy Officer Christian Zavecz says, is to understand outdoor assets and share that data with the industry. “It’s not about us versus them,” he says. “We've always had a major focus of moving from just eyeballs to influence and understanding what drives better results for our clients. It just made a lot of sense.”

QMS’s ‘world first’ outdoor attention pilot How Amplified Intelligence measures

QMS has carried out a world first outdoor attention pilot with Amplified Intelligence, aiming to train Artificial Intelligence to recognise audiences – not dogs – viewing assets like street furniture. After a feasibility study with Amplified Intelligence CEO Karen Nelson-Field last year, her team put cameras around assets to track gaze, recognise faces and even “pose estimation” to measure humans as opposed to cars, prams and dogs. “It is literally world first in this space,” says Nelson-Field. Outdoor attention is not necessarily fleeting – think people waiting for a bus. The aim, QMS’s Chief Strategy Officer Christian Zavecz says, is to understand outdoor assets and share that data with the industry. “It’s not about us versus them,” he says. “We've always had a major focus of moving from just eyeballs to influence and understanding what drives better results for our clients. It just made a lot of sense.”

25:37

EP247 - S1

28 Nov 22

‘Hundreds of millions of dollars will move quickly’: Foxtel Media’s Frain, Razorfish’s Tonelli and Tubi’s Fitch on AVOD’s next battlegrounds of frequency capping, measurement and personalisation

Australia’s AVOD wars are heating up. Foxtel Media boss Mark Frain reckons “tens if not hundreds of millions of dollars” will move in the next 12-18 months. User experience will win, making ad loads and frequency capping a key battleground. Razorfish boss Jason Tonelli warns that presents a new problem for publishers: As users hop from one service to the other, how will BVOD and AVOD players collectively manage frequency capping? “That will be the next frontier”. Brands are hungry to test the waters, adds Tonelli, with early adopters lenient on measurement. But down the track, measurement will need to be robust. “Is it OzTam or not? That is a debate we have to have.” Foxtel’s Frain says sitting outside of OzTam hasn’t stopped Foxtel writing revenue on Kayo. Ultimately, per Tyler Fitch, head of Advanced TV & Partnerships at Tubi – which has amassed 50m AVOD subscribers – breadth of content, personalisation and UX will determine winners from losers. He thinks the former SVOD purists that once “scoffed” ad ad-funded models have some hard lessons ahead.

‘Hundreds of millions of dollars will move quickly’: Foxtel Media’s Frain, Razorfish’s Tonelli and Tubi’s Fitch on AVOD’s next battlegrounds of frequency capping, measurement and personalisation

Australia’s AVOD wars are heating up. Foxtel Media boss Mark Frain reckons “tens if not hundreds of millions of dollars” will move in the next 12-18 months. User experience will win, making ad loads and frequency capping a key battleground. Razorfish boss Jason Tonelli warns that presents a new problem for publishers: As users hop from one service to the other, how will BVOD and AVOD players collectively manage frequency capping? “That will be the next frontier”. Brands are hungry to test the waters, adds Tonelli, with early adopters lenient on measurement. But down the track, measurement will need to be robust. “Is it OzTam or not? That is a debate we have to have.” Foxtel’s Frain says sitting outside of OzTam hasn’t stopped Foxtel writing revenue on Kayo. Ultimately, per Tyler Fitch, head of Advanced TV & Partnerships at Tubi – which has amassed 50m AVOD subscribers – breadth of content, personalisation and UX will determine winners from losers. He thinks the former SVOD purists that once “scoffed” ad ad-funded models have some hard lessons ahead.

44:20

EP246 - S1

24 Nov 22

Moving the needle: NAB brand chief on how the bank ‘held the line’ in the face of anti-vaxxer ‘keyboard warriors’, turned their rage into brand and business growth – as JAB helped drive Australia out of lockdown

At the height of anti-vaxxer revolt, with protest boiling out on the streets, NAB decided to nail its colours to the flag and launch a pro-vaccine campaign – changing its name to JAB seven days after signing off the brief. A bold move for a risk-averse ASX-listed bank and NAB was bracing for blowback from “keyboard warriors”. Within hours, it arrived in spades. But the bank “held the line”, per NAB Head of Group Brand Faycal Ben Abdellaziz – and the stream of vitriol actually helped propel NAB JAB to go viral. What’s more, anti-vaxxers vowing to close accounts were largely all talk. Instead, NAB gained thousands of customers, while engagement rates and brand reputation metrics shot to multiyear highs, and played a role in Australia reopening weeks ahead of schedule. With a downturn likely, Ben Abdellaziz suggests JAB’s legacy is bravery and that the bank won’t let “an extremely vocal minority” water down its approach to bold work. NAB, he says, won’t be pulling back on brand spend either, whatever the economy throws up next.

Moving the needle: NAB brand chief on how the bank ‘held the line’ in the face of anti-vaxxer ‘keyboard warriors’, turned their rage into brand and business growth – as JAB helped drive Australia out of lockdown

At the height of anti-vaxxer revolt, with protest boiling out on the streets, NAB decided to nail its colours to the flag and launch a pro-vaccine campaign – changing its name to JAB seven days after signing off the brief. A bold move for a risk-averse ASX-listed bank and NAB was bracing for blowback from “keyboard warriors”. Within hours, it arrived in spades. But the bank “held the line”, per NAB Head of Group Brand Faycal Ben Abdellaziz – and the stream of vitriol actually helped propel NAB JAB to go viral. What’s more, anti-vaxxers vowing to close accounts were largely all talk. Instead, NAB gained thousands of customers, while engagement rates and brand reputation metrics shot to multiyear highs, and played a role in Australia reopening weeks ahead of schedule. With a downturn likely, Ben Abdellaziz suggests JAB’s legacy is bravery and that the bank won’t let “an extremely vocal minority” water down its approach to bold work. NAB, he says, won’t be pulling back on brand spend either, whatever the economy throws up next.

37:42

EP245 - S1

21 Nov 22

‘We’re definitely seeing a pullback’: Pure-play online retailers squeezed as Covid bubble pops, digital ad costs ‘go through roof’, shoppers head back to stores; Alquemie-Mosaic chair plans physical stores for Surf Stich, tech stack overhaul to cross-sell General Pants, Lego, Noni B

Richard Facioni, chair of retail groups Alquemie and Mosaic Brands – with upwards of 1,000 stores and brands including Surf Stitch, General Pants, Lego Stores, Ginger & Smart, Noni B and Rivers – thinks ecom pure players may be in trouble. Shoppers have swung back to physical stores just as digital customer acquisition costs “are going through the roof”. If marketers turn off the taps, sales evaporate, which could spell danger for the likes of The Iconic and Adore Beauty. Versus last year, “we’re definitely seeing a pullback in online,” he says, with some brands back as much as 30 per cent. Meanwhile, retailers that stocked up to head off crunched supply chains may find themselves scrambling to offload in January as a “definite slowdown” bites. Facioni hates the word ‘omnichannel’, but says it’s the future of profitable retail – hence lining up a physical presence for $50m acquisition Surf Stich, currently an online pure-player. Fresh back from Dreamforce, Facioni’s helping steer both group’s commerce and ERP stacks, with a customer data platform likely to follow. He also predicts social commerce will be the next revenue frontier.

‘We’re definitely seeing a pullback’: Pure-play online retailers squeezed as Covid bubble pops, digital ad costs ‘go through roof’, shoppers head back to stores; Alquemie-Mosaic chair plans physical stores for Surf Stich, tech stack overhaul to cross-sell General Pants, Lego, Noni B

Richard Facioni, chair of retail groups Alquemie and Mosaic Brands – with upwards of 1,000 stores and brands including Surf Stitch, General Pants, Lego Stores, Ginger & Smart, Noni B and Rivers – thinks ecom pure players may be in trouble. Shoppers have swung back to physical stores just as digital customer acquisition costs “are going through the roof”. If marketers turn off the taps, sales evaporate, which could spell danger for the likes of The Iconic and Adore Beauty. Versus last year, “we’re definitely seeing a pullback in online,” he says, with some brands back as much as 30 per cent. Meanwhile, retailers that stocked up to head off crunched supply chains may find themselves scrambling to offload in January as a “definite slowdown” bites. Facioni hates the word ‘omnichannel’, but says it’s the future of profitable retail – hence lining up a physical presence for $50m acquisition Surf Stich, currently an online pure-player. Fresh back from Dreamforce, Facioni’s helping steer both group’s commerce and ERP stacks, with a customer data platform likely to follow. He also predicts social commerce will be the next revenue frontier.

38:48

EP243 - S1

14 Nov 22

Shoppable video ‘flying off the shelves’: Early results from News Corp-Moet & Chandon test campaign – 10%+ purchase intent, 38%+ unaided brand uplift

News Corp’s new shoppable video format, which lets audiences buy without leaving the content, has been “flying off the shelves” across alcohol, beauty and consumer electronics, News’ data, video and product director Paul Blackburn says – and the trial with Moet & Chandon hasn’t even finished. “We have 14 other clients in flight, post-Moet,” he said, “and there’s a huge pipeline of other clients looking.” The format is part of News’ reengineering effort to unlock what McKinsey describes as ‘commerce media’ or ‘content media’ – a $50bn incremental goldmine buried within media companies. “We’ve always been really good at upper funnel, we’re really good – we’ve always been an amazing billboard,” News’ MD for Client Product Pippa Leary says. “Now we’re going to become a billboard and a shopfront.” The trial with Moet, with Kantar testing, has found a 10 per cent plus rise in purchase intent and a 38 per cent unaided brand awareness uplift.

Shoppable video ‘flying off the shelves’: Early results from News Corp-Moet & Chandon test campaign – 10%+ purchase intent, 38%+ unaided brand uplift

News Corp’s new shoppable video format, which lets audiences buy without leaving the content, has been “flying off the shelves” across alcohol, beauty and consumer electronics, News’ data, video and product director Paul Blackburn says – and the trial with Moet & Chandon hasn’t even finished. “We have 14 other clients in flight, post-Moet,” he said, “and there’s a huge pipeline of other clients looking.” The format is part of News’ reengineering effort to unlock what McKinsey describes as ‘commerce media’ or ‘content media’ – a $50bn incremental goldmine buried within media companies. “We’ve always been really good at upper funnel, we’re really good – we’ve always been an amazing billboard,” News’ MD for Client Product Pippa Leary says. “Now we’re going to become a billboard and a shopfront.” The trial with Moet, with Kantar testing, has found a 10 per cent plus rise in purchase intent and a 38 per cent unaided brand awareness uplift.

28:32

EP242 - S1

10 Nov 22

The ‘anti-consultancy’: OMD CEOs prove naysayers wrong, set new direction with behavioural science, UX, CX first of ten new products in push to break agency mould – say rivals still conflicted on tech

When Aimee Buchanan jumped ship to archrival GroupM, the knives were out for OMD’s joint CEOs Laura Nice and Sian Whitnall. “The only way is down,” per one nameless exec. One year on, they’ve so far proved the doubters wrong, retaining Coles and landing the consolidated NSW Government account, where a new behavioural science unit helped nudge the business over the line. By 2025, they’re aiming to launch ten similar new products in a push to break the media agency mould, with CX and UX top of the agenda. Unlike some rivals, they’re uninterested in going toe-to-toe with the big consultants eating market share, while suggesting rivals remain conflicted on tech recommendations now driving a big chunk of their cash. They think a very different leadership style to the previous regime is now paying off, and have even accepted the so-called ‘twats’ model – staff mostly in Tuesdays, Wednesdays and Thursdays – is working.

The ‘anti-consultancy’: OMD CEOs prove naysayers wrong, set new direction with behavioural science, UX, CX first of ten new products in push to break agency mould – say rivals still conflicted on tech

When Aimee Buchanan jumped ship to archrival GroupM, the knives were out for OMD’s joint CEOs Laura Nice and Sian Whitnall. “The only way is down,” per one nameless exec. One year on, they’ve so far proved the doubters wrong, retaining Coles and landing the consolidated NSW Government account, where a new behavioural science unit helped nudge the business over the line. By 2025, they’re aiming to launch ten similar new products in a push to break the media agency mould, with CX and UX top of the agenda. Unlike some rivals, they’re uninterested in going toe-to-toe with the big consultants eating market share, while suggesting rivals remain conflicted on tech recommendations now driving a big chunk of their cash. They think a very different leadership style to the previous regime is now paying off, and have even accepted the so-called ‘twats’ model – staff mostly in Tuesdays, Wednesdays and Thursdays – is working.

52:17

EP241 - S1

7 Nov 22

Sonic weapons: Why Menulog is crushing Uber Eats and Doordash but nothing compares to Bunnings: SCA and Neuro-Insight on how to crush the competition through audio branding

The results are in: Bunnings’ 25-year-old bluesy melody is the country’s most effective audio brand, per Southern Cross Austereo’s 2022 Audio Logo Index. It “might as well be the national anthem”, SCA’s Matt Dickson says. But Menulog has raced up the ladder and is now second in the minds of 4,000 people surveyed. In a super competitive set against the likes of Uber Eats and Doordash, Menulog, using Katy Perry and Snoop Dog, has formed strong memory structures in consumers with audio. “We don't have the same amount of dollars or funding as some of the bigger competitors, so we're constantly trying to get that cut through, get that stand out,” Menulog’s Fiona Bateman says. “It’s a jungle out there,” Neuro-Insights’ Peter Pynta says. “If you strengthen your network… you can also, at the same time, simultaneously be weakening the competition's strength.”

Sonic weapons: Why Menulog is crushing Uber Eats and Doordash but nothing compares to Bunnings: SCA and Neuro-Insight on how to crush the competition through audio branding

The results are in: Bunnings’ 25-year-old bluesy melody is the country’s most effective audio brand, per Southern Cross Austereo’s 2022 Audio Logo Index. It “might as well be the national anthem”, SCA’s Matt Dickson says. But Menulog has raced up the ladder and is now second in the minds of 4,000 people surveyed. In a super competitive set against the likes of Uber Eats and Doordash, Menulog, using Katy Perry and Snoop Dog, has formed strong memory structures in consumers with audio. “We don't have the same amount of dollars or funding as some of the bigger competitors, so we're constantly trying to get that cut through, get that stand out,” Menulog’s Fiona Bateman says. “It’s a jungle out there,” Neuro-Insights’ Peter Pynta says. “If you strengthen your network… you can also, at the same time, simultaneously be weakening the competition's strength.”

48:30

EP240 - S1

3 Nov 22

Telstra shakeup: Former CMO Jeremy Nicholas and new marketing boss Brent Smart chart their handover, debate creativity versus CX in brand building as Smart softens stance on ‘vanilla’ martech

Telstra’s top marketer Jeremy Smart has moved on to run the telco’s digital sales and service operations, handing the CMO baton last month to former IAG marketing boss Brent Smart. Both are still working side by side at Telstra. The remits of digital, CX, ecom and marketing are increasingly intertwined - Nicholas now has responsibility for the 80 per cent of Telstra’s customer sales and service engagements which start online. Nicholas says he was partly lured to the role because brands are “defined increasingly by their customer experience and increasingly that’s a digital experience.” On the flipside, Brent Smart in 2019 was one of the few marketers who publicly called out the tech platforms which power blue chip customer experience deployments by saying marketing technology, or martech, was quickly turning vanilla. His position is softening. Here’s the full lowdown from two execs with among the biggest marketing and digital CX remits in the country. 

Telstra shakeup: Former CMO Jeremy Nicholas and new marketing boss Brent Smart chart their handover, debate creativity versus CX in brand building as Smart softens stance on ‘vanilla’ martech

Telstra’s top marketer Jeremy Smart has moved on to run the telco’s digital sales and service operations, handing the CMO baton last month to former IAG marketing boss Brent Smart. Both are still working side by side at Telstra. The remits of digital, CX, ecom and marketing are increasingly intertwined - Nicholas now has responsibility for the 80 per cent of Telstra’s customer sales and service engagements which start online. Nicholas says he was partly lured to the role because brands are “defined increasingly by their customer experience and increasingly that’s a digital experience.” On the flipside, Brent Smart in 2019 was one of the few marketers who publicly called out the tech platforms which power blue chip customer experience deployments by saying marketing technology, or martech, was quickly turning vanilla. His position is softening. Here’s the full lowdown from two execs with among the biggest marketing and digital CX remits in the country. 

44:03

EP239 - S1

31 Oct 22

Big Tech pain is publisher gain: Briefs ‘absolutely flowing in’ at News Corp as unified, granular user data play delivers, social platform effectiveness falters

As massive economic headwinds and Apple’s app tracking privacy push bear down on social platforms like Meta’s Facebook, the likes of News Corp Australia – long under pressure from Big Tech’s data smarts and audience scale – are positioning as full funnel alternatives. And it’s working. News reckons its News Connect data platform can target audiences on a granular level based on their interests and reading habits across retail, FMCG, travel, auto, and more. “You name it, we can find intenders in those categories,” says News’ GM of Client Product and Strategy Suzie Cardwell. Upper funnel ads drove a 55 per cent in-store boost for one furniture brand, while an auto manufacturer saw double the dealership visits for those exposed to ads on News’ platforms compared to those who weren’t. Per Cardwell: “The briefs are absolutely flowing in.”

Big Tech pain is publisher gain: Briefs ‘absolutely flowing in’ at News Corp as unified, granular user data play delivers, social platform effectiveness falters

As massive economic headwinds and Apple’s app tracking privacy push bear down on social platforms like Meta’s Facebook, the likes of News Corp Australia – long under pressure from Big Tech’s data smarts and audience scale – are positioning as full funnel alternatives. And it’s working. News reckons its News Connect data platform can target audiences on a granular level based on their interests and reading habits across retail, FMCG, travel, auto, and more. “You name it, we can find intenders in those categories,” says News’ GM of Client Product and Strategy Suzie Cardwell. Upper funnel ads drove a 55 per cent in-store boost for one furniture brand, while an auto manufacturer saw double the dealership visits for those exposed to ads on News’ platforms compared to those who weren’t. Per Cardwell: “The briefs are absolutely flowing in.”

22:42

EP238 - S1

27 Oct 22

Beyond retailer media: $3.9bn ‘owned’ media wave coming – telcos, banks, service stations, travel and utilities undercooked; Power shift from merchandise to marketing

Cartology has made the early running and noise in the bustling supermarket media category but ‘owned' media – that is, all media and audience assets controlled by a brand – is at least three times the size of the grocery and liquor sector. And ‘retail aggregators’ (think Officeworks, BigW, Myer and JB Hi-Fi) is nearly 20 per cent bigger than the grocery sector, according to Sonder via a new report, hot off the press. The firm calculates Australia’s owned media potential stands at $3.9bn – and 80-90 per cent margins have CEOs and CFOs licking their lips. That could alter the balance of power between marketing, sales and merchandise, and potentially change the dynamics between paid, owned and earned investment. Founding partners Jonathan Hopkins and Angus Frazer run the rule over five standout categories – grocery and liquor, aggregated retail, telco, petrol and convenience, and finance – which players may be next to market (hint, anyone with a loyalty programme) and the implications for Australian media market dynamics.

Beyond retailer media: $3.9bn ‘owned’ media wave coming – telcos, banks, service stations, travel and utilities undercooked; Power shift from merchandise to marketing

Cartology has made the early running and noise in the bustling supermarket media category but ‘owned' media – that is, all media and audience assets controlled by a brand – is at least three times the size of the grocery and liquor sector. And ‘retail aggregators’ (think Officeworks, BigW, Myer and JB Hi-Fi) is nearly 20 per cent bigger than the grocery sector, according to Sonder via a new report, hot off the press. The firm calculates Australia’s owned media potential stands at $3.9bn – and 80-90 per cent margins have CEOs and CFOs licking their lips. That could alter the balance of power between marketing, sales and merchandise, and potentially change the dynamics between paid, owned and earned investment. Founding partners Jonathan Hopkins and Angus Frazer run the rule over five standout categories – grocery and liquor, aggregated retail, telco, petrol and convenience, and finance – which players may be next to market (hint, anyone with a loyalty programme) and the implications for Australian media market dynamics.

46:37

EP237 - S1

24 Oct 22

Last click strikes back: Bupa, Pet Circle marketers say inflation, cost cuts will push CMOs, brands down funnel – so brace for search-social price spikes, but here’s how to protect budgets

Last click attribution is back. Tightening wallets, soaring inflation and a VC focus on profitability over growth is prompting a return to the metric, which Pet Circle CMO Jon Wild reckons is the least bad of a range of “horribly flawed” attribution options. Pet Circle has 800,000 active customers and revenues in the hundreds of millions. “For far too long, I think our industry has been peddling reach and frequency and brand consideration,” Wild says. “These metrics are very hard to put in a spreadsheet.” And they don’t satisfy the C-suite when staring at one of the biggest lines in a P&L. Bupa’s performance chief, Clea Baker, says prices are due to jump in search and social – but she’s investing in media mix solutions to protect brand spend on the increasingly rocky road ahead. Atomic212’s James Dixon and Rory Heffernan outline how marketers can start sandbagging against rising waters of cost cuts.

Last click strikes back: Bupa, Pet Circle marketers say inflation, cost cuts will push CMOs, brands down funnel – so brace for search-social price spikes, but here’s how to protect budgets

Last click attribution is back. Tightening wallets, soaring inflation and a VC focus on profitability over growth is prompting a return to the metric, which Pet Circle CMO Jon Wild reckons is the least bad of a range of “horribly flawed” attribution options. Pet Circle has 800,000 active customers and revenues in the hundreds of millions. “For far too long, I think our industry has been peddling reach and frequency and brand consideration,” Wild says. “These metrics are very hard to put in a spreadsheet.” And they don’t satisfy the C-suite when staring at one of the biggest lines in a P&L. Bupa’s performance chief, Clea Baker, says prices are due to jump in search and social – but she’s investing in media mix solutions to protect brand spend on the increasingly rocky road ahead. Atomic212’s James Dixon and Rory Heffernan outline how marketers can start sandbagging against rising waters of cost cuts.

48:37

EP236 - S1

20 Oct 22

Confessions of Marketing Academy alumni: KFC, BWS, Edelman and Broadsheet execs open up on their emotional, electrifying and raw takes on the program and why it works when others don’t

It’s not a normal forensic look at marketing sciences, agency structures or CMO tactics this week – instead we speak to four alumni of The Marketing Academy’s exclusive scholarship program. Only 30 people get accepted into the course each year and, without exception, all of them rave about it being electrifying, transformative, emotional and raw. But why? BWS’ An Le, KFC’s Warren Mo, Edelman’s Fern Canning-Brook and former Broadsheet director Skye Rugless detail how they changed before and after completing the program, what super chickens can teach about leading and why quiet leadership can be a big strength.

Confessions of Marketing Academy alumni: KFC, BWS, Edelman and Broadsheet execs open up on their emotional, electrifying and raw takes on the program and why it works when others don’t

It’s not a normal forensic look at marketing sciences, agency structures or CMO tactics this week – instead we speak to four alumni of The Marketing Academy’s exclusive scholarship program. Only 30 people get accepted into the course each year and, without exception, all of them rave about it being electrifying, transformative, emotional and raw. But why? BWS’ An Le, KFC’s Warren Mo, Edelman’s Fern Canning-Brook and former Broadsheet director Skye Rugless detail how they changed before and after completing the program, what super chickens can teach about leading and why quiet leadership can be a big strength.

49:18

EP235 - S1

17 Oct 22

Why Paramount upended the ratings calendar, what billion-dollar global FAST channel play Pluto brings to market – and how advertisers can shift product and gain reach

Free, ad-supported streaming TV (FAST) channels are going to keep viewers in Paramount’s ecosystem watching for longer, the network has bet via its upfront last week, unveiling a wave of new partnerships, products, shows and – crucially – a longer content slate. While competitors roll out male-skewed audiences over summer, Paramount will run The Bachelors, following The Challenge in December. “It’s tactical – moving here when they go there,” EVP and Chief Content Officer Beverley McGarvey says. She’s eyeing early wins and a bigger share of budgets. With PlutoTV’s extra channels through 10 Play, advertisers – especially those embedded in shows – will see incremental reach as key viewers keep watching. And as well as a tonne more inventory around dedicated channels – MasterChef and Survivor channels for example, pulling in series from around the world – Paramount’s going back to the future, as those channels will be curated in a bid to keep audiences glued to the channel, and therefore the commercials. There’s also e-commerce through Twitter, viewers choosing their own ads, automated content recognition through Samba TV and dynamic ads. Sales chief Rod Prosser now has more wares to sell, and expects “big take up”.

Why Paramount upended the ratings calendar, what billion-dollar global FAST channel play Pluto brings to market – and how advertisers can shift product and gain reach

Free, ad-supported streaming TV (FAST) channels are going to keep viewers in Paramount’s ecosystem watching for longer, the network has bet via its upfront last week, unveiling a wave of new partnerships, products, shows and – crucially – a longer content slate. While competitors roll out male-skewed audiences over summer, Paramount will run The Bachelors, following The Challenge in December. “It’s tactical – moving here when they go there,” EVP and Chief Content Officer Beverley McGarvey says. She’s eyeing early wins and a bigger share of budgets. With PlutoTV’s extra channels through 10 Play, advertisers – especially those embedded in shows – will see incremental reach as key viewers keep watching. And as well as a tonne more inventory around dedicated channels – MasterChef and Survivor channels for example, pulling in series from around the world – Paramount’s going back to the future, as those channels will be curated in a bid to keep audiences glued to the channel, and therefore the commercials. There’s also e-commerce through Twitter, viewers choosing their own ads, automated content recognition through Samba TV and dynamic ads. Sales chief Rod Prosser now has more wares to sell, and expects “big take up”.

34:55

EP234 - S1

13 Oct 22

After James Packer stoush, journo-turned Nine publishing boss James Chessell takes aim at rivals for running scared; plots news-lifestyle diversification play. Can a journo change his spots?

Journalists have long hated advertising and sales. Now Nine has a battle-hardened journo responsible for the P&L of its publishing division, perhaps the first hack to be entrusted with news media fortunes since John Hartigan chaired News Corp and John Alexander left the old Fairfax for the Packer camp. Chessell having already triggered James Packer in recent weeks, carefully espouses his views on News Corp’s corporate and editorial agenda, but jabs The Guardian for running “scared” of taking on risky, investigative stories. But can the one-time business journalist and masthead editor continue the renaissance of a sector once seen by many as flogging a dead horse? Chessell’s backing editorial integrity and trust to drive advertiser and subscription growth within news while plotting diversification into new turf, admitting Covid audience gains will likely drop off. Now straddling church and state, he agrees media sales is a “knife fight in a phone box”, but says Michael Stephenson and publishing sales chief Jo Clasby are killing it. Chessell knows financial markets gobbledygook inside out even if he’s not yet so savvy on ad market, adtech and marketing lingo. Here’s his plan.

After James Packer stoush, journo-turned Nine publishing boss James Chessell takes aim at rivals for running scared; plots news-lifestyle diversification play. Can a journo change his spots?

Journalists have long hated advertising and sales. Now Nine has a battle-hardened journo responsible for the P&L of its publishing division, perhaps the first hack to be entrusted with news media fortunes since John Hartigan chaired News Corp and John Alexander left the old Fairfax for the Packer camp. Chessell having already triggered James Packer in recent weeks, carefully espouses his views on News Corp’s corporate and editorial agenda, but jabs The Guardian for running “scared” of taking on risky, investigative stories. But can the one-time business journalist and masthead editor continue the renaissance of a sector once seen by many as flogging a dead horse? Chessell’s backing editorial integrity and trust to drive advertiser and subscription growth within news while plotting diversification into new turf, admitting Covid audience gains will likely drop off. Now straddling church and state, he agrees media sales is a “knife fight in a phone box”, but says Michael Stephenson and publishing sales chief Jo Clasby are killing it. Chessell knows financial markets gobbledygook inside out even if he’s not yet so savvy on ad market, adtech and marketing lingo. Here’s his plan.

43:23

EP233 - S1

10 Oct 22

Colgate-Palmolive CMO, Rip Curl CMO on new model loyalty, moving the needle with values-based growth, Destination NSW consumer marketing boss on $44bn demand-supply crunch

Forget demographics and traditional consumer segments, smart marketers are looking at how customers choose brands based on values – both lofty and personal, VMLY&R’s Ali Tilling reckons. For Rip Curl, it’s a community that loves surfing – CMO Michael Scott once arrived at an empty meeting room because almost everyone was out on the waves. He’s building “the largest and most engaged surfing community in the world” – it’s not a “transactional” loyalty program, but a membership. It’s sustainability for Colgate-Palmolive CMO Anthony Crewes, who is pushing past 80 per cent recyclable toothpaste tubes of the 50 million sold each year. The challenge now is getting consumers to actually recycle them. Destination NSW’s Kathryn Illy says new experiences are critical to the travel industry, once worth $44 billion to the state – now half that but bouncing back.

Colgate-Palmolive CMO, Rip Curl CMO on new model loyalty, moving the needle with values-based growth, Destination NSW consumer marketing boss on $44bn demand-supply crunch

Forget demographics and traditional consumer segments, smart marketers are looking at how customers choose brands based on values – both lofty and personal, VMLY&R’s Ali Tilling reckons. For Rip Curl, it’s a community that loves surfing – CMO Michael Scott once arrived at an empty meeting room because almost everyone was out on the waves. He’s building “the largest and most engaged surfing community in the world” – it’s not a “transactional” loyalty program, but a membership. It’s sustainability for Colgate-Palmolive CMO Anthony Crewes, who is pushing past 80 per cent recyclable toothpaste tubes of the 50 million sold each year. The challenge now is getting consumers to actually recycle them. Destination NSW’s Kathryn Illy says new experiences are critical to the travel industry, once worth $44 billion to the state – now half that but bouncing back.

41:49

EP232 - S1

6 Oct 22

Conquering creative: Deloitte Digital Australian boss Esan Tabrizi on how marketers missed digital amid brand, advertising focus; 1,400-strong team; CX, personalisation lessons and the push for creativity

Agency executives have long dismissed the big consulting firms’ attempts to embrace creativity and creative services for their end-to-end professional services offerings, but Deloitte Digital is hard to ignore. It has 1,400 people across its operation, encompassing tech, customer experience, strategy, product, growth and more, and it has now arguably conquered creative – topping Campaign Brief’s The Work list earlier this year. Head of Deloitte Digital Australia Esan Tabrizi says advertising is not his team’s end game, but rather being a full-service provider of customer outcomes – which may include advertising – are his focus. But creativity and creative thinking is now at the top of Deloitte Digital's agenda. In this conversation, Tabrizi also unpacks how marketers missed the boat on tech over the past decade, leading to the rise of Chief Digital, Chief Customer and Chief Growth Officers. But the next generation of gun CMOs, he says, will be much more tech savvy, and won’t get caught up in the tech stack wars. And perhaps most interestingly, current CMOs can learn from government on CX and personalisation - who would have thought? 

Conquering creative: Deloitte Digital Australian boss Esan Tabrizi on how marketers missed digital amid brand, advertising focus; 1,400-strong team; CX, personalisation lessons and the push for creativity

Agency executives have long dismissed the big consulting firms’ attempts to embrace creativity and creative services for their end-to-end professional services offerings, but Deloitte Digital is hard to ignore. It has 1,400 people across its operation, encompassing tech, customer experience, strategy, product, growth and more, and it has now arguably conquered creative – topping Campaign Brief’s The Work list earlier this year. Head of Deloitte Digital Australia Esan Tabrizi says advertising is not his team’s end game, but rather being a full-service provider of customer outcomes – which may include advertising – are his focus. But creativity and creative thinking is now at the top of Deloitte Digital's agenda. In this conversation, Tabrizi also unpacks how marketers missed the boat on tech over the past decade, leading to the rise of Chief Digital, Chief Customer and Chief Growth Officers. But the next generation of gun CMOs, he says, will be much more tech savvy, and won’t get caught up in the tech stack wars. And perhaps most interestingly, current CMOs can learn from government on CX and personalisation - who would have thought? 

50:23

EP231 - S1

3 Oct 22

Salesforce and LinkedIn global brand chiefs doubleheader: Culling content by 30 per cent, ‘preparing a funeral for last click’, holding brand spend amid turmoil, raiding B2C talent – and why it’s better to be like Disney than Adobe or Microsoft

Salesforce has culled its content output by circa 30 per cent – and is seeing major results. It’s waging war on vanity metrics – and “preparing a funeral” for last click and last touch attribution, per EVP Global Brand Marketing Colin Fleming. The firm has just wrapped up Dreamforce, the annual global pilgrimage where users flock to be evangelised by the high priests of B2B. Circa 40,000 people flooded San Francisco last week, paying US$2,000 a pop to attend what is morphing into the Disneyland of business branding and product. Fleming makes no apologies for lifting B2C’s playbook, stating he’d rather borrow from Disney than rivals like Adobe, Microsoft and SAP. He and LinkedIn global VP, Marketing Solutions, Jim Habig say they plan further B2C talent raids in a bid to lift B2B beyond spreadsheets and rational arguments – and say brand investment is helping to win the creative talent war. Meanwhile Habig is also set to overhaul account-based marketing – or ABM – by linking up with one of the world’s most successful restaurateurs, Will Guidara. Both are adamant that they will not slash brand investment amid market turmoil.

Salesforce and LinkedIn global brand chiefs doubleheader: Culling content by 30 per cent, ‘preparing a funeral for last click’, holding brand spend amid turmoil, raiding B2C talent – and why it’s better to be like Disney than Adobe or Microsoft

Salesforce has culled its content output by circa 30 per cent – and is seeing major results. It’s waging war on vanity metrics – and “preparing a funeral” for last click and last touch attribution, per EVP Global Brand Marketing Colin Fleming. The firm has just wrapped up Dreamforce, the annual global pilgrimage where users flock to be evangelised by the high priests of B2B. Circa 40,000 people flooded San Francisco last week, paying US$2,000 a pop to attend what is morphing into the Disneyland of business branding and product. Fleming makes no apologies for lifting B2C’s playbook, stating he’d rather borrow from Disney than rivals like Adobe, Microsoft and SAP. He and LinkedIn global VP, Marketing Solutions, Jim Habig say they plan further B2C talent raids in a bid to lift B2B beyond spreadsheets and rational arguments – and say brand investment is helping to win the creative talent war. Meanwhile Habig is also set to overhaul account-based marketing – or ABM – by linking up with one of the world’s most successful restaurateurs, Will Guidara. Both are adamant that they will not slash brand investment amid market turmoil.

51:33

EP230 - S1

26 Sep 22

‘Preparing for a big crunch’: Chair of iSelect, Endota Brodie Arnhold on fuzzy marketing investments, low accountability impacting CMO boardroom credibility, and why MROI is crucial through macroeconomic challenges

In the boardroom, the marketers’ numbers are likely the least trusted, Brodie Arnhold, Chair of iSelect, Endota, says. Why? It was a “cost line without the accountability”. In his experience, adding up the sales, PR, and marketing figures, “the company should have been about eight times the size it really was. That always left with this kind of funny feeling of mistrust,” he says. Hence, he’s invested in Mutiny, an Australian company shaking up how marketers use econometrics, with AI and cloud processing, to demonstrate return on investment. “Whoever can prove their budget’s worth is going to be the one who keeps it in a recessionary environment,” co-founder Henry Innis says. Marketers can turn procurement enemies into allies with the right data, TrinityP3’s Darren Woolley says.

‘Preparing for a big crunch’: Chair of iSelect, Endota Brodie Arnhold on fuzzy marketing investments, low accountability impacting CMO boardroom credibility, and why MROI is crucial through macroeconomic challenges

In the boardroom, the marketers’ numbers are likely the least trusted, Brodie Arnhold, Chair of iSelect, Endota, says. Why? It was a “cost line without the accountability”. In his experience, adding up the sales, PR, and marketing figures, “the company should have been about eight times the size it really was. That always left with this kind of funny feeling of mistrust,” he says. Hence, he’s invested in Mutiny, an Australian company shaking up how marketers use econometrics, with AI and cloud processing, to demonstrate return on investment. “Whoever can prove their budget’s worth is going to be the one who keeps it in a recessionary environment,” co-founder Henry Innis says. Marketers can turn procurement enemies into allies with the right data, TrinityP3’s Darren Woolley says.

54:02

EP229 - S1

21 Sep 22

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Get a fully curated daily feed based on your favourites, access to curated collections, preview every show, and much more.

Get it on Google Play
Download on the App Store
Get it on Google Play
Download on the App Store

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