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Event recap: Integrated communications panel

Sunday, July 25th, 2010

The programming committee continues to impress with the quality of the monthly presentations they plan and host. If you need proof, just look at the more than 200 MIMA members and guests who showed up at the Metropolitan Ballroom bright and early Wednesday morning for the July event: a panel discussion on integrated communications.

The panel format works well for challenging topics, such as integrated communications, for a number of reasons. You get to hear more than one point-of-view. You get to learn from some of experts we have right here in our local professional community. And you get to participate in the conversation yourself, as was evidenced by the many thoughtful questions and insights offered by the audience.

Moderator Andrew Eklund, CEO and Founding Partner at Ciceron, set up the conversation by showing three charts describing the media environment that underscore the degree of difficulty marketers have with integrated communications.

The first chart showed media channels available in 1975. It featured a dozen or so data points – television, radio, newspaper, outdoor, direct mail, etc. – and corresponding arrows pointing at how they touch the consumer of the media. Very neat, organized and easy to look at.

The second chart showed the media channels available in 2008. With the addition of digital media, the number of data points and delivery arrows mushroomed. Imagine a chaotic web created by a hyperactive spider on mescaline. (That’s a powerful and dangerous mind altering substance, kids; leave it alone.) There were many nods of agreement when this slide was displayed.

The third chart showed the media channels available in 2010. With the addition of social media, the number of data points and deliver arrows was so dense that it was, indeed, a solid black box, with every pixel filled with information. This got a few knowing, and nervous, chuckles.

Eklund then opened the discussion by stating that, with our evolving media environment, integrated communications is like a holy grail to marketers and asking if we have found it.

Paul Ratzky, Interactive Director and Vice President at Olson, observed that the concept of integrated communications keeps changing, because the integrator is shifting from the agency to the consumer, as people select their own channel pathways. Which means marketers need to follow their audience and deliver messages in the audience’s preferred channel, as opposed to trying to move them into the marketer’s channel of choice.

Glenn Karowski, Managing Director, The Business of Ideas, added that effective integrated communications is about conversation and relationships. And the key is to be a good listener.

When asked who is responsible for listening to consumers (marketing? branding? advertising?) Erik Erickson, Owner of Erickson McGee, LLC and former Vice President and Creative Director for Target commented that we are still in the early stages of figuring out how to listen. And that figuring out what to do with what we hear is the next big challenge.

Download the podcast (available soon, please check the Resources section next time you visit this website) and listen to the complete conversation for a number of practical insights. And be sure to leave your comments here, to share the key take aways you think are important.

Event recap: Crowd sourcing/user generated content with John Winsor

Thursday, June 17th, 2010

What is crowd sourcing, you may ask? It’s like a new-fangled online contest combined with an old-fashioned cattle call – where project-based jobs are posted, creative-types submit their entries and the winner(s) receive the prize: compensation for the time and talent they invested. It’s a new paradigm, with the potential to revolutionize the way creative services professionals work, and the way businesses utilize creative services.*

Crowd sourcing is the act of making social media productive

This according to MIMA’s June’s speaker, John Winsor, a leading strategic marketing and product innovation thinker especially known for his work in collaboration, co-creation and crowd sourcing.

He is a serial entrepreneur who has started and sold successful businesses, a respected author of four business books and the CEO of Victors and Spoils, the world’s first creative/ad agency built entirely on crowd sourcing principles. And he had the 200+ MIMA members and guests present at the Calhoun Beach Club the morning of the 16th alternately nodding enthusiastically with approval and recoiling in horror. What could create such a dramatic range of responses?

Crowd sourcing may democratize the creative class and displace the agency model

As Winsor observed, technology is driving change in the workforce. Transparency is flattening organizations as walls become more porous. A digital workforce has the latest tools and can work anywhere at any time. The rise of the curator class has created a new generation of social and creative directors and editors. And the economy has accelerated the death of the middle man.

Together, these disruptive forces could spell the end of the old agency model, which is based on bringing talent and resources together in one room to get the job done. For example, Winsor said one of the top performing graphic designers in his agency’s emerging crowd sourcing network is a young, stay-at-home mother from Serbia, who is “beating” many of the experienced agency professionals who submit entries.

Crowd sourcing has the potential to liberate you or destroy you

Winsor shared a personal story from his background in publishing. In the mid-80s, he spent $30,000 annually on professional typesetting services. A $2,300 investment in a Macintosh Classic and a laser printer allowed him to reinvest the savings in other magazine properties and grow his businesses. He also pointed out that many successful agency designers got their start by taking advantage of tools developed during the “desktop publishing” revolution.

These technology changes created opportunities for some, while putting a whole industry of highly skilled craftsmen – typesetters, key liners, camera operators – out of work. Today, we are at a similar point, where only those who adapt to changes will remain working in their chosen field.

Crowd sourcing is gaining in popularity

Chief marketing officers are under pressure to perform. They want the best work AND the best value. Winsor gave one recent example. For his client’s previous brand campaign, their agency of record had four creatives, who came up with eight ideas and delivered two campaigns. Victors and Spoils brought 1,000 creatives onto the job. They came up with 105 ideas and delivered nine campaigns. All for 25% of what was billed by the agency of record.

Businesses aren’t the only winners, though. Entrepreneurial creatives (read: disciplined, talented freelancers) appreciate the freedom and independence the crowd sourcing model offers. And because no one can be an expert in all the new and evolving roles people play in the creative/marketing world, crowd sourcing gives creatives and marketers alike the freedom to diversify and specialize without pressure to be a jack of all trades and a master of none.

Crowd sourcing is …

How would you finish the sentence? Which concepts do you agree with? What don’t you like about it? What other “take aways” made an impression on you. Please leave your comments.

* Tip of the hat and a nod to one of my former employers, a leading innovator in staffing and project outsourcing called Creatis, Inc., whose former tag line/brand promise was “changing the way creatives work … and the way businesses utilize creative services.” We had some great clients and truly amazing people who were committed to the business model.

Event recap: Building a brand at 35,000 feet

Tuesday, May 25th, 2010

On possibly one of the most quintessentially pleasant mid-spring evenings cherished by Minnesotans who’ve endured the long, cold dark, approximately 200 MIMA members and guests chose to resist the temptations of warm sunshine and the lingering scent of lilacs drifting through the air to instead convene at Solera on the 19th for the May event.

Crazy? Hardly! These Twin Cities-area marketing professionals were all eager to listen to local-girl-done-well-for-herself, Porter Gale – VP of Marketing at the brand innovator, Virgin America Airlines.  And as the photo gallery shows, a good time was had by all.

Some of you may remember when, once upon a time, she was at Martin Williams. Indeed, some of her old cronies were in attendance to help keep her on her toes. On this day, she flew in from San Francisco to talk about how her company uses interactive channels, including social media, to make limited marketing dollars go, well, farther.

If you’ve flown in the last 20 years or so, your airline experience may have focused on enduring the process of getting to your destination rather than enjoying the journey. One of the things Minneapolis advertising legend Ray Mithun used to say is: “If 13 is unlucky for someone, it must be lucky for someone else. We decided, at the start of our business, to be someone else.”

While Gale did not refer to this tenet of the agency that bears Mithun’s name, the point is: in an industry full of brand mediocrity, Virgin America decided to be lucky number 13. The heart of its marketing strategy, according to Gale, is to position the airline as different from anything else in the category. The company’s goals are to create an airline people love and to reinvent travel.

When Virgin America profiled its customers, the company realized its best customers are opinion leaders who enjoy using social media and other new technology. So it is using this information to help distance itself from the competition and chart a new course for airline travelers by using three innovative social media marketing approaches.

  • Create buzz-worthy experiences
  • Engage customers and listen to them
  • Connect with customers on a genuine level rather than “marketing at them”

Gale’s slide set and the podcast from her presentation both provide details on how Virgin America executes on these approaches. Check the resources section next time you visit this website, as they should be available soon. Perhaps some ideas may translate well to your company and industry? Or spark creative marketing ideas of your own?

She left lots of time for questions and answers. And audience members responded by asking her to elaborate on many different topics. Following are selected insights on social media shared by Gale.

On customer relationships

“Social media should be authentic, real and honest. People should follow because they want to.”

On celebrity endorsements

“Most of the people fly Virgin already and just do it for ticket trades. We look for natural relationships matched to a purposeful reason for the endorsement.”

On co-branding partnership opportunities

“We don’t have an agency helping source our partnerships. We believe in ‘less is more’ and ‘going deep rather than broad.’ Chemistry and fit is important to us, as is having a fair and equitable relationship.”

On marketing team structure

“Sir Richard (Richard Branson, major shareholder and corporate “celebrity”) is a risk taker. If you believe in taking risks, you need to empower your people.”

On measuring ROI

“Our guests are using social media. Since they will talk, we joined the conversation. We look at how our social media strategy affects customer relationship management.”

On the pace of change

“If someone says they are social media experts, you should question them.”

Which memorable concepts did you take away? What quotable quotes made an impression on you? Why was listening to Porter Gale and schmoozing with your MIMA colleagues the best use of your time on one of the few remaining warm, yet bug-free evenings left to enjoy this spring? Please share your comments.

EVENT RECAP – THE CONSTANT CHALLENGE TO ACQUIRE AND CONVERT

Monday, November 16th, 2009

On a blustery November morning, nearly 400 MIMA members and guests convened at the Depot in downtown Minneapolis for the monthly presentation and networking event.

It was standing room only; the crowd buzzing with conversation beforehand, listening intently during the program (and laughing together at the speakers’ humorous comments) then asking thoughtful questions before departing. And if this kind of participation continues to increase, the nation’s largest regional Internet Marketing Association may need to start reserving larger venues – a la convention centers or sports arenas.

7:30 am comes pretty early for most peoples’ schedules. At that hour, what could possibly bring together so many marketers, innovators, entrepreneurs, creatives, new media types and others who are curious about latest developments in the interactive space where technology and business intersect?

In addition to the quality of the content, it might be the opportunity to share ideas and inspiration – over coffee and a tasty breakfast – with leading thinkers in our industry. If you have attended events before, you know. If you have not, make a point of attending a future event to see for yourself.

This month’s program, the Constant Challenge to Acquire and Convert, served up some classic marketing strategy with a heavy emphasis on contemporary interactive tactics. The information was presented by John Barton, Vice President of Creative Services of Sight Marketing and Tom Masterman, Associate Director, Earth Collaboratory Initiative for the Institute on the Environment at the University of Minnesota.

Far from being a boring theoretical lecture or a dry technical discussion, John and Tom made their presentation equal parts education and entertainment. Effortlessly switching back and forth between the roles of straight man and comedian, it was like watching the Smothers Brothers* talk about what’s going on in the interactive world instead of current global geo-political affairs.

Indeed. Interspersing smart marketing ideas with smart aleck commentary made a fairly content-heavy presentation stream by effortlessly. And they wisely provided key take aways and practical “how to” ideas you can take back to the office and begin using right away. All in all, an excellent way to start the day.

Take away number one: Measure everything – don’t accept unfocused targets or unmeasurable social media.

Associated action item: Go to wefollow.com or twazzup.com and listen.

Take away number two: Be organized – coordinate tactics, separate measurement (drive traffic for each tactic to a different URL, use different key code, etc.) and plan for data-driven relationships.

Associated action item: List campaign elements and expected outcomes, then make sure you can isolate what is driving results for each.

Take away number three: Get personal – know the story for each individual … so you can write the next chapter.

Associated action item: Take your customer service manager out to lunch, and your sales manager out for drinks, and ask a lot of questions that will help you gain insights into your customers’ relationship with your products, services and brand.

For more details, please review the take away slide they provided.

* Cultural reference for the younger crowd: The Smothers Brothers were a popular comedy duo in the late 60s known for liberal politics and championing social causes. Look them up on YouTube. You’ll laugh at more than the turtleneck sweaters. And you might think about what is happening in today’s news.

EVENT RECAP – DESIGNING ACROSS PLATFORMS

Tuesday, August 25th, 2009

On August 12, about 200 MIMA members and guests gathered after work at the Metropolitan Ballroom in Golden Valley to sip cocktails, snack on hors d’oeuvres and network. And a fine evening was had by all.

Our guest speaker for the evening was John Dames, Design Director at CoolFire Media who traveled up the Mississippi from St. Louis to share his experience as a designer who has “done it all.” From print design to motion graphics to commercials, and now, most recently, iPhone applications.

John’s philosophy is simple. “My goal is now and has always been to make stuff. Not talk about it, write about it or think on it. But find a way to get it done and execute.”

Sounds like a common sentiment from most of the designers I know. One of the first things he said by way of introduction to his presentation was that he wasn’t a public speaker. So the evening depended kind of heavily on samples from the CoolFire Media reel that he brought with him as examples.

With that in mind, here are some gold nuggets taken from an hour and a half of ramblings, tangents and free-association on the subject of designing across platforms. This was all good right-brain stuff, after all. You just had to really listen for it.

General observations
“When taking on a new design challenge, it’s okay not knowing everything about the tools you are using. What you don’t know means you innovate.”

“Less people, money, resources and time has forced the return of the holistic thinking role of a designer.”

“Talent can trump depth and infrastructure any day. With the right people you can accomplish great things with small teams.”

“Designing across platforms allows marketers to more effectively create the user experience they want their audience to have.”

“Designers are now taking a more defining role in developing the user experience.”

Strategies for success
1. Take a holistic approach to production. “Want to do everything. Be happy doing anything.”

2. Allow cross pollination of disciplines. “Don’t just execute ideas – feel empowered to have ideas and share them with others on the team.”

3. Encourage blurring of roles. “Who knows where design is going to take you. Listen to everyone.”

What is coming next culturally and business wise?
“More advertising and branding messages will be integrated into content.”

“The internet is becoming more codified, less of a content dumping ground.”

“Media is all independent of the medium it appears in.”

“Procedural culture is driving change – nothing stays the same.”

“Design will become even more relevant, to help facilitate effective communication.”

Conclusion
What gold nuggets did you leave with? Reply to this blog post with some of the highlights you found meaningful.

EVENT RECAP: LOCALIZATION AND INTERNATIONALIZATION

Sunday, July 19th, 2009

So where are you reading this blog post from? Your home in Minneapolis. Your office over the River in St. Paul? Or a coffee shop in Mexico?

You know they call it “the world wide web” for a reason. And as the infrastructure to support it expands around the globe – and as the technology to access it becomes more affordable and readily available – the Internet truly is facilitating communication across widely dispersed geo-political boundaries. So visitors to your website could be coming from anywhere on earth, really.

Lots of smart interactive marketing professionals recognize the Internet’s burgeoning capability to facilitate international transactions. Recently, 200+ members of the Minnesota Interactive Marketing Association (and guests) met at W Minneapolis for our July event, featuring a presentation by Joe Kutchera an expert in online marketing and building sales in Latin American markets and founder of dotGlobal, an international e-commerce and media consultancy.

Joe spoke to the group about concepts related to localization and internationalization, using Latin American markets as an example. Here are select highlights from his full presentation.

Localization trends
Joe gave us some examples of how geographic boundaries can affect shopping behavior.

Price. According to Joe, who lives in New York City, many people in Manhattan cross the Hudson River to save on groceries and gas, because prices are less expensive and taxes are lower in New Jersey. Or compare the prices for the same products available on Dell’s U.S and Mexican online stores (both prices given in USD).
• Inspiron 13” – Dell.com: $499; Dell.com.mx: $665
• Studio Slim Desktop – Dell.com: $399; Dell.com.mx: $702
• Dell V305 Printer – Dell.com: $99; Dell.com.mx: $132
(Sources: Dell.com and Dell.com.mx, July 2009)

Availability. Joe shared several anecdotes about Latin American friends who frequently seek out U.S. sources to buy products because they often have greater selection and better quality. For a local example, who among us as creative and enterprising MIMA members have not crossed the St. Croix River on a Sunday afternoon at least once to replenish the liquor cabinet after a rollicking party the night before, because of Minnesota blue laws prohibiting alcohol sales on Sunday?

Internationalization trends
Joe provided a variety of figures verifying what we already know: the Internet is an increasingly international space. A look at the top 50 ostensibly U.S. websites shows that many are getting more traffic from abroad than from U.S. visitors. The New York Times web edition gets 42% of its readers from abroad, Twitter 51%, YouTube 81% and Facebook 82%.

Where could these visitors be browsing your website from? According to Internet World Stats, the top five most used languages on the Internet are: English (430.8 million), Mandarin (276.2 million), Spanish (124.7 million), Japanese (94.0 million) and French (68.2 million).

Indeed. For those of you who think visually — or for you verbal people like me who need context to put large numbers into perspective — try this on. The Minneapolis Star Tribune print edition reported two days after Joe’s presentation that China now has more people who are online than the entire population of the United States.

Opportunities for marketers
How are Latin Americans and Spanish-speaking people in the United States finding your website? By typing Spanish terms into their favorite search engines. Joe suggests making sure your SEO strategies include optimizing your site for Spanish (and other important international languages).

Look at your media plan. Joe said to think about your audience’s international language needs or professional interests horizontally across the vertical media channels in your strategy.

Target your messaging. Joe said there are a lot of ways to deliver messages to international audiences.
• By IP address or geographic region
• Re-target (follow up)
• Behavioral/linguistic
• Contextual (by subject)
• Profession/company/social network
• Country

Explore emerging g-commerce best practices. Joe said there is tremendous opportunity for marketers in the United States who make it easier for customers from around the world to buy their products.
• Give your visitors a choice of geographic denominations to transact in and make your offers available in multiple denominations.
• Give your visitors a choice of geographic locations to pick up products they order. If you do not have a physical presence in a foreign market where consumers are looking for your product or service, partner with a business there who can serve as a distributor for you.

EVENT RECAP – USER EXPERIENCE UTOPIA: WHERE WE ARE AND WHERE WE ARE GOING

Sunday, April 19th, 2009

Why would 280 ordinarily sensible internet marketing professionals get up at the crack of dawn and convene at the Mill City Museum? Sure, the camaraderie was great. And the breakfast wasn’t bad either. But those are only two reasons our MIMA monthly events have grown to be so popular.

The real attraction, as always, was the content – a presentation on user experience given by Nick Finck, co-founder of Seattle-based Blue Flavor, a web design company that focuses on creating great user experiences.

So what makes a great user experience? And how can you test your website? Nick described seven fundamental building blocks, and provided valuable insights about them, that you can put to use today.

Useable. This should be a top priority for page-driven design. Very simply, make sure functionality works effectively for all platforms and browsers.

Findable. Lots of developers work really hard to make search functionality as robust as possible. However information architecture and navigation design is equally important. Or even more so. Remember: if you can’t find something, it might as well not exist on your site.

Credible. Give website users an emotional reason to believe in you, as well as a rational one. A clean, professional visual design that provides clear, simple content can go a long ways toward creating a sense of trust.

Accessible. This is not just about avoiding unnecessary java script or burying content in Flash modules. Give users the option to explore your site content without advanced functionality. This includes making sure your site is accessible by people with disabilities.

(The Web Accessibility Initiative is a global volunteer organization dedicated to sharing strategies, guidelines and resources to help make the web accessible to all.)

And there is a strong business case for paying attention to accessibility. Not only can poor website accessibility lead to expensive, protracted litigation, it can lead to lost revenue opportunities when users are denied access to your site.

Desirable. It is important to think about holistic user experience. Do you really know what your users desire? Do focus groups. Then make functionality easier for users and create positive (not painful) emotional experiences for them.

Useful. This is another big issue in user experience. Lots of technologies exist that allow designers to develop cool effects, but make sure they serve a purpose greater than just serving up some eye candy. That means no gratuitous animation or delays to load graphics.

Put another way: don’t make users endure your site and don’t go overboard with the gimmicks. Make your site fast to load and make it easy for users to find the content they are looking for. Web users are trying to find information and solve problems, so they are not looking for a CD-ROM experience with your site.

Bottom line: Nick wonders how many dollars are lost in missed sales opportunities and how many customers are lost because excessive features and functionality get in the way. Not to mention the dollars wasted on developing them.

Valuable. Focus on providing features that make your site easy to use. Focus on developing content and processes that allow users to find the information they need or complete a transaction in as few steps as possible. Don’t treat users as a source of qualified leads to bombard with marketing messages and touch points. Limit the level of commitment you expect users to give to you and let them choose how deep a relationship they would like to have with you.

Three other gold nuggets Nick shared.

1) We need to think, “device agnostic.” We are no longer designing just for the desktop. With new technologies and new applications – and many more advancements on the horizon, we need to serve up information and experiences based on the context of the device/application the user is using and what they are trying to accomplish by using it.

2) We need to fail more. Because we are not pushing ourselves hard enough. And critical feedback is important too. The more we vet usability and experience, the better it gets. Always remember: “Failure is not falling down. Failure is not getting back up.”

3) We need to come together on behalf of our users. Information architects, interaction designers, visual designers, usability experts, accessibility specialists, content developers and marketing professionals would be wise to keep our audience in mind at all times. It’s not about us – it’s about the people who visit our websites.

The key take away. The one most important thing Nick wants you to remember:

By creating good experiences for our website users, regardless of what they are doing or how they do it, we can successfully accomplish our business goals. And that’s what we all get paid for.

Bonkers for Bunko: The Adventures of Johnny Bunko: The Last Career Guide You’ll Ever Need

Monday, April 14th, 2008

I’ll admit it. I’m bonkers for bunko. Johnny Bunko, that is, in the just-released paperback, The Adventures of Johnny Bunko, “America’s first business book in the Japanese comic format known as manga — and the last career guide you’ll ever need.”

The book is written by bestselling author Daniel Pink, with art by Rob Ten Pas, who graduated right here in our backyard: at the Minneapolis College of Art and Design.

Johnny Bunko is stuck in a dull, demanding accounting job, running numbers, testing scenarios, and considering enrichment courses like ‘Best Practices for Operationalizing Your Managerial Headset,’ when he bleats — “I want to go into advertising or work in a big design or branding firm.”

Well, okay then, Johnny Bunko. Come join all of us here at MIMA.

Through Johnny Bunko, Pink is displaying his none-too-subtle right-brain leanings, which he expounded upon in his bestselling book, A Whole New Mind: Why Right-Brainers Will Rule the Future. In that book, Pink claimed we’ve moved out of the Information Age and into the Conceptual Age, where succeeding requires “the capacity to detect patterns and opportunities, to create artistic and emotional beauty, to craft a satisfying narrative, and to combine seemingly unrelated ideas into something new.”

Exactly what Pink’s done with The Adventures of Johnny Bunko: craft a satisfying, if a bit juvenile, narrative, while combining the seemingly unrelated ideas of manga and career advice.

(By the way, apologies to all you left-brained MIMA members. We value your expertise. Really, we do.)

Pink’s read-it-at-one-sitting book is packed with career wisdom that would be preachy were it not delivered by a Japanese comic book heroine, who is, according to the trailer on YouTube, “the most kick-ass career advisor you’ve ever seen.”

Here are the six lessons she teaches Johnny Bunko:

1. There is no plan
2. Forget about your weaknesses
3. Persistence trumps talent
4. It’s not about you
5. Make excellent mistakes
6. Leave an imprint

Pink offers wonderful, quotable advice on each of these lessons, such as “the world is littered with talented people who didn’t persist (lesson 3), “you’re here to serve, not self-actualize” (lesson number 4) and “the most successful people make spectacular mistakes” (lesson number 5).

No stranger to marketing, Pink has also created a new word to accompany his book, “bunko” (not to be confused with bunco, the parlor game), cleverly working it into the story line by having Johnny look in the dictionary to find the verb form of his name, between the nouns bunionectomy and buns. (I warned you there was grade-school humor.)

bun-ko — (v) to make a mistake from which the benefits of what you’ve learned exceed the costs of the screw-up.

I predict it won’t be long before this verb appears in Merriam-Webster’s Open Dictionary.

The book’s trailer has some nice tight scriptwriting, including this enigmatic tagline: “explode your mind, embrace your chopsticks.” Read the book and it will all make sense.

Matter of fact, in the time it took you to read this post (and I thank you for that), you could already be through two chapters of The Adventures of Johny Bunko.

(Hat tip to Marci Alboher: Career Advice for the Short Attention Span.)

Can you collaborate with a competitor?

Monday, March 10th, 2008

No way, you say.

Think again. Right here in our backyard, Target is asking agencies who might otherwise consider themselves competitors to collaborate. If you’re not cool with this, well then, maybe you better get with the program.

More and more agencies are being asked to set competitive agendas aside and work collaboratively on behalf of their common clients.

Over at MarketingProfs Daily Fix, I interviewed Lance Thornswood, Interactive Creative Director at Target, who speaks about his role managing multiple “best-in-class” agencies.

“I’ve yet to encounter any agency that can handle both the breadth and depth required across all our media types,” says Thornswood. “They either do many things reasonably well or one thing exceedingly well. By orchestrating the integration on the client side and demanding collaboration among our agencies, we get breadth by combining the deep expertise of the best agencies in each medium.” (Read the full interview here.)

Question for all you smart MIMA members:
Are you working side-by-side with competitors?
Is it working?

Please share.

Friendors, Frenemies, Froes: People you just might meet at MIMA

Sunday, January 6th, 2008

New year, new words. Here are three neologisms for all you smart digital natives to use in 2008:

Friendors: Vendors who become friends. You’ll find the word “friendors” in Merriam-Webster’s Open Dictionary, which outsources the once-sacred role of lexicographer to folks like you and me.

She attended MIMA with two of her friendors.

Wait, you say, here in the interactive world, we’re not vendors, we’re partners, agencies, or clients. Hmmm. “Frartners?” Don’t think so. How about “Fragencies” or “Flients”?

Plan on deepening friendships with friendors, fragencies, and flients at all the great programs MIMA has in store this year.

The next word is a little less friendly:

Frenemies: A blend of “friends” and “enemies.” In other words, business associates or agencies who work together, but are actually competitors.

Though not a new word, frenemies is gaining traction in the business world, especially now that Sir Martin Sorrell, founder and CEO of the global agency WPP, used it to describe his agency’s relationship with Google, who is both ally and rival to WPP.

I’ve been intrigued with the word because it provides a handy label for discussing ambiguous business relationships that involve two or more agencies working together as partners — when they might otherwise be competitors.

Over at MarketingProfs Daily Fix, I offer examples of frenemies in the interactive space, when a client assigns, for example, the interactive portion of a campaign to one agency and the print portion to another, when both agencies could potentially handle the entire span of work. And I offer tips for successfully managing frenemies, if that’s your role.

For me, the only problem with the word frenemies is a touch of negativity. Enemy is a bit strong, a bit militaristic. And to succeed, frenemies need to focus on collaboration, not competition.

Frenemies has yet to make it into the standard dictionaries. You won’t find it in Merriam-Webster, although it is in Wikipedia and the Urban Dictionary. (Although the latter definition is purely personal, describing two-faced friends.)

And our last word:

Froes: Synonymous with frenemies. A blend of “friend” plus “foe.” For a great discussion on frenemies and froes, see Bill Taylor’s, post at Harvard Business Online: The New Language of Competition: Are You Friend or Froe?

“Froes” was coined by Sir Martin Sorrell (so far as I can tell), and its use as a business word is not yet in Wikipedia. Before you write the entry, you should know that a froe is also a cleaving tool for splitting cask staves and shingles from the block.

We don’t have much call for that in interactive marketing.

Do you have examples of new words — to describe all of us? Please share.