In between sessions I almost bumped into a man walking with a cane who looked lost. His name tag said Ron May, as in
The May Report. That brought me back several years. If you don’t know Ron May, his May Report is kind of like The Delaney Report (which, sadly, is nothing like the Colbert Report). If you don’t know The Delaney Report, it’s kind of like the advertising version of Jackie Harvey’s “
The Outside Scoop.” And if you
do know
Jackie Harvey, you're my kind of peoples.
My only other name drop from Day One was Steve Hall from
Adrants. Keep up
the good work, Steve.
My quick rant about attending conferences: 95% of the questions asked in the Q&A are awful. It’s always, “My situation is that we got a 7.5% increase in clickthrough when we expected only 3%. How were we so successful?" Or, "Here's an obnoxious question that is ultimately unanswerable. Please squirm through an answer." Or, "I don’t have a clue what I’m doing, where do I start?”
By far the most interesting company/business model that I heard about today is
Lemonade. They allow you to create a widget that shows what products you like and recommend, and then embed that widget in your social networking site or blog. If/when people click through your lemonade stand to buy the products, you get a cut of the sale (
details). I’m sure the cut is small, and how many people will really click through to purchase, but it’s a cool concept. People get an easy way to show others what good taste they have, retailers get yet another affiliate program (and we’ve seen many successful affiliate programs), and the Lemonade folks do nothing but provide the webservice that sucks up products and spits them out on Facebook. Kudos Lemonade.
So the CEO from Lemonade told a story about how the leader of Nepal decided he wasn’t going to measure his country’s success by GDP, he wanted to measure GDH (“happiness”). Moral of the story – really think about what you’re measuring. What really matters? Maybe Americans do care about productivity more than happiness, but if you have an awareness campaign, does ROI matter?
I was floored that at the end of the “The Banner is Dead: Digital Advertising Strategies in the Age of Earned Media” session, the moderator asked the panel if the banner was dead. OK, her actual question was, “What % of online advertising will be banner ads in 2010?” The woman from Nokia said, “What % is it now?” and when the moderator said for you (at Nokia) it is probably 85%. She said that it would probably not change significantly by 2010. The Lemonade guy said that a banner is nothing more than a container for an idea, so it doesn’t really matter. He doesn’t really care what the containers are; the ideas will always take precedence.
Biggest joke of the day: the agency guy says that Diet Coke Plus program was a success because it had 12,000 downloads, across 5 different free music podcasts. If that's a success - what's a failure?
I’m going to find numbers as examples of stupid groups/apps to use as comparison for “successful” campaigns. My hypothesis: There will be more fans of REALLY stupid things on Facebook than the most popular brands. To be continued...