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By Laura Blackwell

In a webinar with The Drum, two media moguls unpack the mounting complexities of evolving platforms and break down the challenges of omnichannel marketing to help marketers embrace the eclectic media landscape.

With more platforms and adtech becoming available to marketers, brands are more connected to their target audiences than ever. But while it’s a goldrush of sorts, it is also a minefield.

Everyone talks about omnichannel marketing, but does everyone understand it? In its simplest terms, omnichannel marketing encompasses a brand or company’s presence across multiple channels – from websites to apps, social media to email, and offline channels including retail stories and events.

The good news is that a proliferation of content equals more media opportunity for marketers. But in the present media landscape, there are complexities in its orbit. In a webinar for The Drum, industry experts sought to break down the challenges. Here are some of the key takeaways:

Be subtle

When audiences engage with a brand across multiple channels, it’s vital that their content consumption isn’t a jarring experience. Marketing across platforms must be discreet, says Christa Carone, president at connected media buying platform Infillion.

“I don’t think the audience should notice the magic that is happening within the marketer’s toolkit,” she says. “We should be smart enough to present the creative that is relevant for the platform that the consumer is engaging with. I know what I expect to see on TikTok because I’m already in that content experience, and the point is that audiences shouldn’t know.”

To streamline ads amid the rapidly changing industry, there’s a hunger to test and learn that is needed – Carone calls it “intellectual curiosity”. By testing different variables alongside being vigilant of new technology, you can continue to optimize what’s working, and be more efficient yet discreet in your marketing efforts.

Adopt a holistic view

A multichannel media strategy requires both generalist and specialist points of view; you need those who innately understand omnichannel marketing just as much as you need those who are immersed in the individual channels. This is the stance of Carl Fremont, chief executive officer at brand-led, performance-driven agency Quigley Simpson.

“Ideally, a generalist can still speak to individual channels like search and social influencer marketing,” he says. “But they have a broader view to put this all together.”

Silos won’t work; marketers must look at the entirety of the customer experience (CX) — across multiple channels, which is all the more reason to embrace integration. The new wave of technology is game-changing, allowing marketers to be more accurate and more in touch than ever with their targeting but, as Carone states, “the abundance of opportunity has also created some chaos”.

In Fremont’s view, to better understand the media landscape as it is today, “everyone from the brand side should spend some time on the technology or media publishing side to get a broad purview”.

KPIs first, vision second

In addition to generalists and specialists, Fremont also emphasizes the need for analysts: “I think too often, we just get right into the tactics without spending enough time on the strategy. That’s what we do at Quigley Simpson – and that’s what I would advocate for everybody to do: spend more time on the upfront strategy, on developing the KPIs and understanding how they’re going to be measured.”

Understanding from the beginning, the KPIs of what is going to be evaluated as success – whether sales, brand health, or a combination of the two – needs to be established first-off for the best chance of long-term campaign success. “Thankfully, we’re in a period of time where we can see instantaneous results and performance and be able to take that information and learn and then optimize campaigns going forward,” Fremont adds.

Food for thought

When it comes to the future of the modern media ecosystem, marketers should keep an open mind. The multitude of opportunities and platforms presents untapped potential for brands and marketers, but, as Carone puts it, “it can be a mess”.

We’re reminded that the media through which we consume content is as fickle as the consumers themselves: “Media and marketing professionals need to be really agile. We need to be tolerant and we need to be risk-takers,” says Carone. It comes back down to intellectual curiosity and, while it is indeed a mess, it’s the responsibility of marketers to make the media minefield more cohesive.

For more advice on how marketers can effectively engage audiences across multiple digital channels, tune in to watch the full webinar on-demand here.

Feature Image Credit: Adobe Stock

By Laura Blackwell

Sourced from The Drum

By Elijah B Torn

Lessons and opportunities in sonic branding

We’re living a lot of our lives virtually, increasingly looking to digital channels and platforms for shopping, entertainment, and educational needs. Unsurprisingly, many people now have their first encounter with a brand online yet marketers are letting the sound of their brand blow away in the wind.

Few are paying attention to crafting an effective and recognizable sonic signature, which is ridiculous when you think how much sound and music play a role in our experiences across the burgeoning number of new platforms.

Of course, I might be a little biased, but the fact is there are huge opportunities for brands to make a connection through sound — if they can figure out the right way to differentiate themselves.

Sound and emotion

In the past year, we have seen huge audience behavior shifts when it comes to sound, which means marketers need to think more strategically about the role that music branding can play in forging a deeper relationship with their customers.

They need to pause and reflect on how they personally feel about various sounds and music — I know what emotions are evoked for me when I hear the electric hum of a tattoo machine, or the tranquil, ambient sounds when walking in nature. Marketers can then start to imagine what feelings they would like to evoke via sound in their audiences.

When we hear ‘sonic logos’ we consciously understand we are hearing a brand sound for a few seconds. What we may not realize is that a good strategy behind many sonic identities means we’re subconsciously hearing something that is determining how we feel over time. And that is very powerful.

What do I mean? People usually point to the sonic identity developed by Intel as a good example — simple yet iconic:

There is also Coca-Cola and its iconic suite of sonic assets — the sound of the bottle opening, the ice cubes in a glass, and the more obvious five-note sonic logo. The video below does a good job summarizing the work behind the soundscape.

Have a listen and see just how seamlessly this strategy has been embedded. This isn’t luck — Coca-Cola’s marketers understand the science that proves the effectiveness of sound, and continue to reap the benefits today.

Every brand wants this but they want it fast. Few understand how to execute a sonic experience strategy properly, opting instead to simply slap on a quick-fix sonic logo as a short-term tactic and then expecting long-term results.

It’s not easy — pitfalls await the unprepared. Even a brand as innovative and focused on the customer as Netflix can trip up.

I can’t be the only one who felt Netflix’s new cinematic sonic brand was clichéd and unoriginal despite the adaptation of their sonic logo being composed by the legend Hans Zimmer. Nothing about the brand is evoked and there seemed to be little else in terms of strategy and rollout.

The science of sound

But does any of this really matter? Well, you don’t have to just take my word for it — it’s backed up by studies. Research carried out at the University of Leicester in the UK discovered that brands that use music that is aligned with its identity are 96% more likely to be remembered by the consumer, versus brands that use ‘unfit’ music or no music at all.

The findings of the 2020 Power of You Ipsos report confirmed that brand assets such as sonic brand cues are more effective than assets leveraged from wider culture, such as celebrities.

The associations between a specific brand and celebrity fade over time or become obscured as the person signs up to more and more partnerships. A sonic signature is unique.

The research shows how a cohesive and compelling sonic strategy fuels positive recall and steers behaviours. The challenge is how to inject audio into a brand’s ecosystem.

So how do you create a strategy for sound scaping your brand?

Well, you can take a page from my book.

When I and my team first meet with brands, we look incredibly closely at the overall business and brand objectives. We dive into whether this is a new brand, a repositioning or rebrand, or whether they just need to cut through a cluttered market. We form an internal map and understand the brand’s personality — their tone of voice, language, who they are talking to, and who they see as competitors.

This helps us match sounds to their unique values — a crucial part of the strategy and where many brands slip up. Rather than looking to their own identity, brands often look to competitors and the ‘sound of the sector’ meaning brands start to sound the same. For example, can you think of an individual utility company’s sonic identity right now?

I see a lot of the same errors in judgment when brands blindly tap into a music zeitgeist in order to try and reach a younger demographic — don’t do this. They miss the mark because they’ve strayed outside of what the brand stands for or what it means to consumers.

This doesn’t mean your brand shouldn’t look to diversify or understand what different audiences want — but simply adding a grime soundtrack to a campaign to appear ‘cool’ will do nothing for brand equity.

A more effective approach to using sound in the most culturally relevant way is to spend time figuring out a clear direction for how your brand should sound in and of itself, and then make it flexible enough to tap into other genres and artists.

Why I’m lovin’ McDonald’s strategy

McDonald’s did this brilliantly nearly two decades ago with its partnership with Justin Timberlake on the track ‘I’m Lovin’ It.’

After the strategy was conceived the song was released and that now-iconic five-note mnemonic (ba-da ba ba baaaa) started appearing in all brand advertising which meant they reaped the benefits of teaming up with a popular artist without straying from their own brand identity.

Simply licensing one of his songs would have been more costly and would never have had the same long-term brand-building that this strategy generated.

So how does a brand balance cool with its own values and doesn’t then run the risk of quickly becoming dated? For example, capitalizing on a trend like TikTok without looking try-hard and lost. Bose just launched a really popular TikTok challenge using the hashtag #CancelTheNoise and featured a cool and accessible custom-made track — this worked for the platform’s format, reflecting the personality of Bose whilst also appealing to both younger and older users.

Recently, Gucci strategically found a way to reach younger audiences and be ‘trendy’ without renouncing its values. Collaborating with director Gus Van Sant, the brand created its first digital film series featuring musicians Billie Eilish, known for her love of the designs, and Creative Director Michele Allasandro’s muse Harry Styles.

Peloton recently announced a strategic partnership with Beyoncé. The brand took the data that proved she was the most requested artist by Peloton owners and then used the partnership to celebrate students at historically black colleges and universities, placing purpose at the core whilst appealing to the fan-base of one of the biggest musicians in the world.

I think we’re coming to the end of one of the most interesting and challenging periods in recent history. Brands have struggled and yet face enormous opportunities to evaluate and update as they work to match rapidly-changing consumer behaviours.

It is my hope that smart marketers soon realize that simply slapping a quick-fix sonic logo on their ad and playing it repetitively offers little more than basic consumer recall, while strategic sonic branding has so much more potential to build brand love.

Sounds exciting, doesn’t it?

By Elijah B Torn

Sr. Creative Director, MassiveMusic New York — Elijah has been working with music and audio for brands for nearly fifteen years. His experience however is not just limited to audio branded content. Torn has also released three solo albums of electronic music. These albums have received air time on KCRW’s ‘Morning Becomes Eclectic’, WNYC’s ‘New Sounds’ as well as (the late) Lou Reed’s SiriusXM radio show ‘NY Shuffle’. Twitter: elijahbtorn

Sourced from TNW

By Amit Mathradas

President and COO of Avalara, a cloud-based compliance solutions provider that helps businesses of all sizes get tax compliance right. 

The proliferation of e-commerce and cloud adoption in recent years has sparked a number of shifts in how our society engages in business. Businesses of any size are now able to leverage digital channels to reach a larger number of customers in nearly any corner of the globe. Cloud technology has increased the speed and efficiency of organizations through implementations across functions.

Through my time leading financial technology companies, I’ve found the adoption of these technologies has prompted more businesses to engage in real-time, 24-7 sales cycles across channels while enabling consumers to make purchases whenever, wherever and however they choose.

In the past year, the Covid-19 pandemic has accelerated the adoption of cloud and e-commerce, prompting even further change in consumer behaviour and business operations. Amid temporary in-person business closures and social distancing practices, consumers have prioritized things such as convenience when it comes to making purchases. These priorities among consumers have increased the need for efficiency and urgency across businesses looking to capture consumer attention and convert customers.

All of the changes taking place on a global scale have created new rules of commerce for businesses of all sizes. Here are some of my tips for business leaders to navigate and succeed in the new era of global commerce:

1. Embrace omni commerce.

To compete in a digital-first society, businesses should have not only an e-commerce store but also an omnichannel presence. Consumers seek options and flexibility when it comes to shopping online. Because of this, it’s important for sellers to have a presence across platforms and devices.

Businesses can employ a mix of in-person, e-commerce, online marketplaces, subscriptions, live-streaming events and other channels to reach customers in a variety of ways. And as in-person shopping remains limited, it’s more important than ever to have more than just one e-commerce store. Selling through online marketplaces and advertising across social media can help you reach more customers online.

While the move to omni commerce has created ample opportunity for sellers, it has also created a complex ecosystem of applications and systems. From platforms to billing systems to supply chain management, omni commerce businesses are using a number of disparate systems to manage inventories, host products, process transactions, facilitate online and in-store returns and more.

To succeed in omni commerce, businesses not only need to expand their sales channels but also should consider embracing technologies that can easily integrate across systems, applications and channels to increase visibility across the business and create a seamless customer experience.

2. Reimagine customer experiences for digital.

The digital customer experience isn’t confined to the time one spends on a business’s e-commerce website. The digital customer journey spans from customer discovery to delivery. I believe consumers expect access to responsive e-commerce websites that deliver in-person shopping benefits, such as 1-to-1 support and options to “try on” products.

They also expect to have options for payment types and demand security for their personal information when shopping online. And, perhaps one of the most important aspects of the digital customer journey is timely shipping, along with notifications and updates, and the ability to return merchandise.

With elevated customer expectations, businesses need to deliver great experiences. Because my company’s solutions are cloud-based, I’ve found that using cloud-based technologies to optimize the entire customer journey is a scalable way to keep up with customer demand while providing a personalized and convenient experience for each customer. For example, leveraging out-of-the-box, cloud-based e-commerce platforms can be an easy way for sellers to work with the technology integrations needed to personalize the browsing experience and ensure an accurate checkout process.

3. Digitize operations to remove friction and enable growth.

As businesses grow, whether it be through omnicommerce, acquisitions, adding new products or expanding geographically, the complexity of business operations also grows. To enable efficient and scalable growth, businesses can identify operations that can be digitized and automated to reduce the burden on personnel and financial resources.

By digitizing lower priority operations, businesses can reduce the amount of friction prohibiting growth and devote resources to the highest value projects.

4. Prepare for frequent tax rule and regulation changes.

Through my company’s specialization in tax compliance, I’ve seen firsthand that tax laws on a global scale have undergone rapid change in recent years. From economic nexus laws in the U.S. to e-invoicing across Europe, the sheer complexity of tax regulations and obligations facing digital businesses is unprecedented.

And in the wake of the Covid-19 pandemic, we can expect that tax authorities will be facing the daunting battle of balancing budgets and recouping lost revenue. This, in turn, can lead to trends including the addition of new taxes on goods and services and requiring even the smallest sellers to comply with tax regulations that previously impacted only larger e-commerce merchants.

In the new era of global commerce, businesses not only need to understand the tax obligations within their state or country but also those abroad. E-commerce enables businesses to sell virtually anywhere in the world, which also exposes sellers to a range of new, cross-border compliance obligations. As we move forward, I predict new tax regulations for a digital-first world will take aim at collecting revenue from digital commerce, and the enforcement of tax laws will become even more strict. In order to be competitive and thrive, businesses must have the expertise in place to manage these changing rules in real-time on a global scale.

The pandemic significantly disrupted how most of us make purchases and accelerated the adoption of digital-first strategies and channels. Consumers have more access to goods and services than ever before, and businesses have more power to reach and sell to consumers on a global scale. This new era of global commerce will require businesses to hedge on technology to provide the experiences, scalability and data needed to keep pace with the rapid changes impacting every industry. These new rules will continue to change, and businesses will need to put the foundation in place today to keep pace and continue growing their operations.

Feature Image Credit: Getty

By Amit Mathradas

Follow me on LinkedIn. Check out my website.

President and COO of Avalara, a cloud-based compliance solutions provider that helps businesses of all sizes get tax compliance right. Read Amit Mathradas’ full executive profile here.

Sourced from Forbes