The Marketing Companion

It seems like everywhere you look the news is bad for the ad industry. In just the last few weeks, the news has reported ...

  • The stock value for many large agencies is in decline as company billings fall.
  • Traditional ad impressions are down almost everywhere as newspapers, radio, and magazines struggle to survive.
  • Many of their customers -- the big CPG brands -- are cutting ad spending as their most valuable products struggle to be relevant to today's digital consumers.
  • Ad blocking continues to rise in developed nations (Ad Age called it an "apocalypse")
  • Many companies are bringing the rising areas of influence and content marketing in-house to save costs and maintain direct relationships.

Like I said ... a mess. What's the future of Madison Avenue and how does it turn things around in this rapidly changing world? That would be a fun discussion to have ... which is exactly what Tom Webster and I do in this new episode of The Marketing Companion. You won't want to miss this scintillating analysis!

Resource mentioned in this episode WSJ article on advertising decine Please support our extraordinary sponsors. Our content is free because of their generosity. Many thanks to our friend Scott Monty for the awesome show intro.

Be sure to check out his amazing newsletter The Full Monty and his new podcast available here: fullmontyshow.com.

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Direct download: 112.mp3
Category:Social Media Marketing -- posted at: 3:03pm EST

In this very personal episode of The Marketing Companion, hosts Mark Schaefer and Tom Webster reveal their own best marketing successes and failures. Learn why desperation may be a key to success, how money is made in the margins, and why a dial-up internet connection destroyed a great business. Mark and Tom also announce plans for the first human-powered self-driving vehicle!

Direct download: Personal_marketing_successes_and_failures.mp3
Category:Social Media Marketing -- posted at: 11:45am EST

Starting a new social network is a perilous prospect. The battlefield is littered with companies that had big ideas and little results ...

  • Meerkat
  • Ello
  • Path
  • Google+

It's a tricky business. A new social platform needs to solve a unique customer problem or find an under-served niche and then avoid assassination by Facebook (by having intellectual property and a huge war chest to protect it).

It has been so difficult breaking into the pantheon of elite social networks that in the past five years there has only been one new entry (Snapchat) that is attracting significant advertising dollars.

Until now.

Amazon Spark is news

This month Amazon launched its own social network, Spark. Amazon Spark is available through the mobile app and is sort of a mash-up of Instagram and Yelp. And I think it's going to be a hit for several reasons.

It passes the Schaefer sniff test: It occupies a unique niche and Amazon has the war chest to do it right. Also, unlike Google, which seems to use its best customers as guinea pigs as it tries to "fail fast," Amazon is more methodical. When it introduces something new, it is usually done right.

Another reason I think this is going to work is because it is addictive. Since you get to tailor your experience, you only see posts about products that will delight you. It's like flipping through an Instagram account of awesome products and how people are using them.

It's early days. Will it work? Who knows, but as a marketer, I am certainly paying attention to ANY significant new effort from Amazon and I think this is a winner.

And there's more.

In our new episode of The Marketing Companion, Tom Webster and I discuss this new social network and more. We also get into:

  • Projections of augmented reality dominance
  • YouTube versus Netflix in the video wars
  • Lessons in customer service (or the lack of it)

Also, Tom and I experiment with "Chipmunk Speed." You'll have to hear it to believe it. You won't want to miss this!

Please support our extraordinary sponsors. Our content is free because of their generosity.

Many thanks to our friend Scott Monty for the awesome show intro. Be sure to check out his amazing newsletter The Full Monty and his new podcast available here: fullmontyshow.com.

The results don’t lie: Typeform has a 57% completion rate on surveys, against the industry average of 20% (according to Survey Gizmo). The difference? Typeform’s one-question-at-a-time interface creates a memorable user experience. Use images, animated GIFs, and even video to express yourself more fully. And Typform integrates with your favorite tools including Google Sheets, MailChimp, Airtable, and hundreds more. Remember: What you ask matters. How you ask is everything. Go to Typeform.com/companion to receive a special 30 percent off discount for our podcast fans!

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Direct download: Amazons_new_social_network.mp3
Category:Social Media Marketing -- posted at: 2:00am EST

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