Industry News Archives - Mad Men Marketing https://www.madmenmarketinginc.com/category/industry-news/ Interact, don't interrupt Fri, 06 Jan 2023 17:55:14 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.2 https://www.madmenmarketinginc.com/wp-content/uploads/2020/11/cropped-cropped-cropped-MMM_Logo_FullColor_Stacked-32x32.png Industry News Archives - Mad Men Marketing https://www.madmenmarketinginc.com/category/industry-news/ 32 32 Mobile Evolution:  The Rise Of The Pocket Economy https://www.madmenmarketinginc.com/mobile-evolution-the-rise-of-the-pocket-economy/ Thu, 11 Feb 2016 21:03:00 +0000 https://madmenmarketinginc.com/blog/?p=344 The mobile e-commerce revolution is over, and the kingdom of mobile users is rising quickly. Where are you planting your flag on the evolving mobile economical landscape?

The post Mobile Evolution:  The Rise Of The Pocket Economy appeared first on Mad Men Marketing.

]]>
At the turn of the millennium, the internet changed the way companies in general did business.  The dawn of the digital age brought many companies to their collective knees, creating a life-or-death scenario for those who were slow to take the on-ramp to the Information Superhighway and completely reshaping entire industries.  There was a mass extinction of many brick and mortar businesses, seismic shifts in how music & television is produced and consumed (ask a millennial what the last CD they bought was, and you're apt to get a puzzled look) and a vast frontier of new and emerging business opportunities in fields that were being created in response to these new and exciting technologies.  

 

The rate at which new technology has been introduced to the masses has historically outpaced the rate at which companies can utilize it.

 

Here we are in 2016, standing at the precipice of another big shift in “tech-tonic” trends and this time, more businesses are preparing to go to war.  The weapon of choice will be the most advanced way to target the masses while still finding ways to target individuals across demographics: mobile advertising.

It’s forecasted that by 2020, mobile advertising will account for nearly 75% of all digital ad spends.  While desktop ads still get their share of the current digital spend, the rate at which companies have been shifting gears to focus more on mobile advertising has grown to the point where 2016 should be the year that mobile surpasses desktop, and once that happens, there will be no looking back.

The post Mobile Evolution:  The Rise Of The Pocket Economy appeared first on Mad Men Marketing.

]]>
Isn’t It Ironic….Don’t Cha’ Think? https://www.madmenmarketinginc.com/isnt-it-ironic-dont-cha-think/ Wed, 24 Sep 2014 13:34:00 +0000 https://madmenmarketinginc.com/blog/?p=292 After more then a century of being Detroit's luxury car brand, Cadillac is moving to greener pastures. They are relocating their headquarters to New York to surround themselves with everything they want their automobiles to portray, American luxury.

The post Isn’t It Ironic….Don’t Cha’ Think? appeared first on Mad Men Marketing.

]]>
Cadillac was founded in 1902 in Detroit.  Wonder where the Cadillac name comes from?  The founder of Cadillac, Henry Leland, decided to name his auto brand after the founder of Detroit, Antoine Laumet de La Mothe, sieur de Cadillac (quite a mouthful isn't it?).  The Cadillac emblem is even meant to resemble his coat of arms!   

So, why would a company that took so much pride in the city of Detroit just abruptly move its headquarters?  In short, Detroit is struggling to keep its head above water, financially speaking.  New York is on the cutting edge of design and fashion, and boasts a very large cultural melting pot.  Celebrities, wealthy businessmen, and entrepreneurs abound in New York so it makes sense that America's most posh brand have its headquarters in The Big Apple.  In short, it's foolish to cling to tradition simply for tradition's sake.  You ultimately have to take the kind of actions that generate profit, placate investors, and satisfy shareholders.  This also puts Cadillac's leadership at the doorstep of design and innovation and may lead to spontaneous moments of inspiration.  

While I'm sad to see such an iconic brand leave The Motor City, I can easily reconcile why they did what they did.  This is a good move for Cadillac, who will attempt to expand their sales well beyond the markets of the United States, Canada, and China.  It's worth mentioning that Cadillac's headquarters is the only component of the company (which will regain a little more autonomy this year from GM), that will be leaving Detroit.  The remainder of the jobs will remain where they always have.  

The post Isn’t It Ironic….Don’t Cha’ Think? appeared first on Mad Men Marketing.

]]>
The Epic Battle for Net Neutrality https://www.madmenmarketinginc.com/the-epic-battle-for-net-neutrality/ Wed, 04 Jun 2014 12:06:00 +0000 https://madmenmarketinginc.com/blog/?p=287 Net neutrality has been a heated topic across the internet over the last several months. Several bills have been proposed that would preserve net neutrality, but none have been passed.

The post The Epic Battle for Net Neutrality appeared first on Mad Men Marketing.

]]>
What is net neutrality? Well, net neutrality is the “principle that Internet service providers should enable access to all content and applications regardless of the source, and without favoring or blocking particular products or websites.” Basically, one website can’t be favored over another in terms of speed or accessibility just because they paid for it.

Typically, when this topic is discussed, proponents of net neutrality mention how consumers will not be given equal access to internet content such as streaming services unless the website or the consumer pays for it. They argue that smaller websites who cannot pay outrageous fees to keep their content accessible will fail. Freedom of internet speech will be given only to large corporations with enough money to pay for it. This is true, but not the only problem. All small businesses, not only those in entertainment, will be hurt if the internet is not kept open and accessible.

Smaller marketing firms, and by extension other small businesses, will be hurt tremendously if net neutrality ceases to exist. Small businesses often rely on the internet as a cost-effective form of advertising. The internet allows small businesses to reach people around the world at a much cheaper rate than traditional media. If net neutrality is abolished, small businesses will no longer be able to compete against large corporations for cheap ad-space on the internet. Large corporations will have the money to advertise on sites that are more accessible to consumers. 

 

In short, this is a very big deal.  Just ask Netflix…who had a brief fallout with Comcast…their streaming content was streaming noticeably slower until they reached a compromise with the internet service provider.  Lo and behold, in February, they began to see an immediate improvement (or perhaps just restoration of where it once was) in streaming speed.  Netflix was literally held hostage by Comcast until its demands were met.  It's naive to think they playing field will ever be completely level, but steps should definitely be taken to ensure that we're doing all we can.

The post The Epic Battle for Net Neutrality appeared first on Mad Men Marketing.

]]>
More Platform Jumping Than Ezio Auditore https://www.madmenmarketinginc.com/more-platform-jumping-than-ezio-auditore/ Fri, 14 Mar 2014 13:02:00 +0000 https://madmenmarketinginc.com/blog/?p=278 It was reported this week that Google is devising a way to advertise across platforms (PC, smartphone, and tablet).

The post More Platform Jumping Than Ezio Auditore appeared first on Mad Men Marketing.

]]>
What this means is that if you were to view an advertisement on your laptop, in theory, the same ad would appear on your smartphone or tablet.  This would be absolutely HUGE if it works as anticipated.  Currently, this is in a sort of beta phase, with large agencies with high traffic testing this nouveau hashtagging system.  If this works, this could be a boon to the advertising community at-large.  Digital marketing has already grown leaps and bounds due in large part to the ability to view and track analytics and hypertarget demographic groups.  This has the potential to usher in a new era within the purview of the digital marketing age, and with streaming television services becoming more and more the norm, how long will it be before digital supplants traditional media as the dominant medium for advertising?  Food for thought….

The post More Platform Jumping Than Ezio Auditore appeared first on Mad Men Marketing.

]]>
Marketing Evolved https://www.madmenmarketinginc.com/marketing-evolved/ Fri, 14 Feb 2014 18:47:00 +0000 https://madmenmarketinginc.com/blog/?p=276 Kirman and Campbell concluded all the way back in 2004 that those with something to sell should assume the role of a "helper" rather than a "persuader". This would usher in a new marketing philosophy that would advocate a symbiotic relationship between the two entities.

The post Marketing Evolved appeared first on Mad Men Marketing.

]]>
Consumers are continually becoming more and more sophisticated, especially in an age where we now quantify and track everything.  This allows marketers and advertisers to embrace that kind of transparency, put together their own research, and disseminate that information to a more targeted audience, which makes your advertising far more efficient with fewer wasted dollars.  The role marketing plays has become more comprehensive, including processes such as planning, implementation, and monitoring & analytics (Manning and Reece, 2008).  Analytics have become increasingly important because consumers want to measure success and revise the plan of attack if there are any shortcomings.  Instead of putting together a plan and putting the product out there for eyes to see, the marketer now needs to make sure the right eyes see it and with a certain amount of frequency.  

 

At the end of the day, the name of the game is value, and what you can bring to the table will ultimately determine your level of success.  Offering a superior value guarantees satisfaction which earns loyalty (Day, 1994).  Marketing in contemporary America now favors the cultivation of relationships, proving once and for all that it is, and always has been, all about the people.

The post Marketing Evolved appeared first on Mad Men Marketing.

]]>
ME-Commerce https://www.madmenmarketinginc.com/me-commerce/ Mon, 14 Oct 2013 18:58:00 +0000 https://madmenmarketinginc.com/blog/?p=270 In 10 years, will we still be driving to any store for anything? With a little planning, there's already very little need to ever leave your home.

The post ME-Commerce appeared first on Mad Men Marketing.

]]>
Any retail item can be purchased online, often with free shipping or some other incentive that actually makes it the pereferential method of shopping.  Gone are the days of waiting in endless lines behind the person that has to write a check as slowly as he or she possibly can.  Mobile e-commerce has replaced traditional e-commerce…or rather, improved upon it.  

 

You could be strolling down the beach, basking in sunshine while ordering a new grill for Labor Day.  Even GM is rolling out a new application that would allow savvy consumers to trade-in their car, and take delivery or test drive a new car, all without bothering to get dressed in the morning.

 

 I already order all of my take-out online when I used to phone it in.  Further innovation will herald the dawning of a new Kondratiev Cycle that could yield innovations in every single industry on a global scale, and this would represent a huge boom for the logistics industry, with higher levels of import/export and international shipping business.  It would also mean smaller businesses could level the playing field a bit.  For instance, I love the asadero cheese from the Licon Dairy in San Elizario, Texas.  I encourage everyone to find a niche product that you absolutely love, and see if it's available for international shipping.  What an industrious age in which we live!!!

The post ME-Commerce appeared first on Mad Men Marketing.

]]>
Research And Why We Love It https://www.madmenmarketinginc.com/research-and-why-we-love-it/ Thu, 29 Aug 2013 18:25:00 +0000 https://madmenmarketinginc.com/blog/?p=263 "Data, data, data! I cannot build bricks without clay!" It was true enough for Sherlock Holmes and it's true enough in marketing and advertising. Gone are the days of going with your gut. A new generation needs new methods, new tools, and a new approach. If you're not implementing research in marketing and advertising, be prepared to be left in our wake.

The post Research And Why We Love It appeared first on Mad Men Marketing.

]]>
Research in marketing is utilized to discover consumer insights which, in turn, drives business decisions and the strategy that is to follow.  The world is quickly beginning to quantify and track EVERYTHING (and I do mean everything).  This is fantastic news for marketing and advertising.  We can use these metrics to our advantage.  As a matter of fact, we better use them because it's adapt or die out there.  

 

Fortunately, Mad Men Marketing is ahead of the curve.  Not only did we become the first in our market to begin using Rentrak, (a wonderful little tool that lets us target the appropriate media buy to your target audience) but we also offer customizable research delivery and custom-tailored case studies.

 

Why case studies, you may ask?  They explore CAUSATION to underlying principles which allows us to tweek our approach.  It is empirical research that investigates real-life phenomena.  So while every other agency is out there telling you to “trust them”, we do not remain static in our approach like so many others.  We are not so overzealous to think we get it right all the time.  NO!  We are dynamic.  We will get you results, quantify them, and show them to you.  We will constantly refine and improve our approach, guaranteeing the highest level of efficiency possible.  

 

In 1985 Michael Porter attempted to improve upon Ricardo's comparative advantage and suggested his own theory of competitive advantage.  This emphasizes production, efficiencies, and the acquisition of attributes that can be utilized to outpace the competition.  Think of Mad Men Marketing as your Swiss Army Knife or the ace up your sleeve because we are delivering our clients comparables, measurables, and demonstrating causative reasons for market change utilizing a number of inputs.  

 

In short, when you perform research, and you can deliver the goods to your client, you're allowing them to track progress….no matter how small it may be.  This keeps clients abreast of changing market conditions and keeps them competitive in their industry.  

The post Research And Why We Love It appeared first on Mad Men Marketing.

]]>
Why I Worship At The Altar Of Google And You Should Too https://www.madmenmarketinginc.com/why-i-worship-at-the-altar-of-google-and-you-should-too/ Tue, 20 Aug 2013 18:17:00 +0000 https://madmenmarketinginc.com/blog/?p=262 Are you prepared to learn a new word? The new word is "zaibatsu". This is a Japanese term that defines a business entity that has a presence in several markets.

The post Why I Worship At The Altar Of Google And You Should Too appeared first on Mad Men Marketing.

]]>
Google is the leading mobile operating system with Android OS, which is used by Samsung, (which by itself has a 30%+ smartphone market share) HTC, and many other smartphones.  If that didn't impress you, maybe this will.  Google is obviously the world's largest search engine, but did you know that YouTube is the 2nd largest and is owned by Google?  Still not impressed?  Google is aiming to become a leader in digital television and even becoming a high end internet service provider with speeds that reach 1 gigabit/second or faster.  The internet is so fast, your TV is able to stream live television just as if you were connected to Comcast.  If you're still on the fence on whether or not you will pledge your fealty to Google, they are producing Google Glass.  These are glasses that provide the wearer with a heads up display of web content and other user selected apps.  Should you find yourself wanting to distance yourself from Google just to spite them, you're out of luck.  For those of you avoiding Google Plus, you may see a dip in your SEO because Google has incorporated social circles and interactions on Google Plus into their search algorithm.  Swear your unwavering allegiance to this zaibatsu juggernaut or perish in the undertow that is the Google tsunami.  

The post Why I Worship At The Altar Of Google And You Should Too appeared first on Mad Men Marketing.

]]>
The Future of eSports https://www.madmenmarketinginc.com/the-future-of-esports/ Tue, 13 Aug 2013 16:12:00 +0000 https://madmenmarketinginc.com/blog/?p=198 The games garnered a viewership averaging 300 thousand and the final match had over 1 million people watching through various streams and the in-game client. The top three prizes given at the International, rivals the PGA tour.

The post The Future of eSports appeared first on Mad Men Marketing.

]]>
The greatest achievement of the International 3 is that the prize money was entirely fan-raised.  DOTA 2  (Defense of the Ancients 2), is a sequel to a popular modification to the Blizzard game Warcraft 3, with Valve developing the successor. DOTA 2 is a free-to-play game, with micro-transactions for cosmetic and non-essential items. This payment model has become an increasingly popular trend in the gaming industry, and while risky, huge profits have been made by game companies when implemented correctly.  For the third tournament, Valve decided to test the popularity of the event with an in-game item for sale called the Compendium.

The Compendium gave a number of cosmetic items, as well as a way to interact in the tournament with a betting system, information on the teams and players, and up to date statistics. In addition to the Compendium, Valve put rewards for the number of money raised with different prizes once money goals were achieved. The total money raised by players was over 2.9 million dollars by 290 thousand people purchasing the 10 dollar Compendium, all of which was given to the top 8 teams.  This made for the greatest payout ever in a single eSports event. The gamble has paid off for Valve. With the prize money raised, Valve could focus its money on the event which raised production values to new heights. The International 3 is proof positive that eSports are viable sports, and evidence of how effective crowd sourcing can be.

The post The Future of eSports appeared first on Mad Men Marketing.

]]>
Real Mad Men, 1960 vs 2013 https://www.madmenmarketinginc.com/real-mad-men-1960-vs-2013/ Tue, 23 Apr 2013 13:55:00 +0000 https://madmenmarketinginc.com/blog/?p=111 With season six airing of the show Mad Men, it sparked my curiosity of how an agency like Sterling Cooper would manage in today’s world. Is there a difference between 1960s agencies compared to an agency such as Mad Men Marketing?

The post Real Mad Men, 1960 vs 2013 appeared first on Mad Men Marketing.

]]>
Creative
One of my favorite aspects of the television show, is how they nail the creative process. The research, development, execution, and pitch. Sometimes no matter how hard you want to magically have a great idea, it just won’t come to mind. Other times you can think your idea is ground-breaking, but the client isn’t onboard with your direction. As far as the business world of a career in the creative industry, Mad Men is spot on.

Office Culture
Always watching their back from their coworkers, the cast of Mad Men are consistently out for themselves. Everyone is trying to get ahead, and willing to go to extreme lengths to be at the top. Today, this would be the perfect set up for a failing business. Burning bridges won’t get you far as an agency, as well as taking the time to lend a hand. A successful agency is sustained by good relationships, not only with clients but also with the entire team. Going the extra mile rather than cutting corners is what makes a great agency stand out from a good agency.

The Power of Advertising
In my opinion, this is the biggest change to advertising due to technology. In the 50s and 60s, the media had a certain control that it no longer has. With so many product options, advertising clutter and noise, ways to order, and convenience of the internet consumers’ brand loyalty is nowhere near where it was in the past. Being able to search for the best prices around allows consumers to be fickle with their purchasing decisions.
The power today is in the hands of the consumer. Rather than creating a marketing plan that you think is effective, it is important to put yourself in the shoes of the consumer. Would I benefit from paying attention from this ad, or is it just feature dumping like the other 3,000 advertisements that I see on a daily basis?

Conclusion
So, would an agency like Sterling Cooper be a top agency on Madison Ave. in 2013? No, just as the world evolves over time, so must agencies. Technology has pushed agencies to become more consumer-driven in their strategies. While Sterling Cooper would wine-and-dine their clients into their ideas, it was mainly their way or the highway. Today a lot more listening needs to be done rather than talking.

As Don would say “If you don’t like what people are saying, change the conversation.” However Don never had to deal with Yelp reviews. Sorry Don, your persuasive words might not make the cut in modern advertising. Time to work on your people skills!

The post Real Mad Men, 1960 vs 2013 appeared first on Mad Men Marketing.

]]>