Sleeping Barber - A Marketing Podcast – Détails, épisodes et analyse
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Sleeping Barber - A Marketing Podcast
Sleeping Barber
Fréquence : 1 épisode/10j. Total Éps: 135

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See all- https://podcasts.google.com/feed/aHR0...
990 partages
- https://www.perplexity.ai/
334 partages
- https://claude.ai/
235 partages
- https://www.linkedin.com/in/marcbinkley/
255 partages
- https://www.linkedin.com/in/vassilisdouros/
251 partages
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SBP 086 - The Barber's Brief - August 29, 2024
Saison 3 · Épisode 86
mercredi 28 août 2024 • Durée 31:27
Welcome back to another episode of The Barber’s Brief! Where Marc and Vassilis discuss marketing and business news that has caught their eye, they highlight our marketing moment, get into audience QA, and finish off by highlighting an ad of the week.
Enjoy the show!
Our Hosts:
Follow our updates here: https://www.linkedin.com/company/sleeping-barber/
Get in touch with our hosts:
Marc Binkley: https://www.linkedin.com/in/marcbinkley/
Vassilis Douros: https://www.linkedin.com/in/vassilisdouros/
Timestamps
0:00 - Introduction
2:38 - Update to Google’s Pmax Reporting
5:37 - Using the Playting to Win Framework for Competitor Analysis
9:37 - Google Cancels The Cookie Deprivation
12:55 - The Power of Aunthicity
19:02 - The Marketing Moment - The Dollar Shave Club
26:25 - Ad of The Week
30:04 - Coming Up Next Week, Dan Ariely
Links:
Story #1
Title: Google adds new PMax reporting, generative AI tools
Source: Search Engine Land
Link: https://searchengineland.com/build-modern-digital-marketing-plan-444367
Story #2
Title: The Best Strategy Icebreaker
Source: Roger Martin Medium
Link: https://rogermartin.medium.com/the-best-strategy-icebreaker-0c9b6ae58461
Story #3
Title: Google Won’t Kill Off Cookies, Consumers Will – And That’s How It Should Be
Source: Adexchanger
Link: https://www.adexchanger.com/data-driven-thinking/google-wont-kill-off-cookies-consumers-will-and-thats-how-it-should-be/
Story #4
Title: Nike: AN epic saga of value destruction
Source: Masimo Guanaco on LinkedIn
Link: https://www.linkedin.com/pulse/nike-epic-saga-value-destruction-massimo-giunco-llplf
Marketing Moment: Dollar Shave Club's Viral Launch: A Marketing Masterclass
Link: https://www.youtube.com/watch?v=ZUG9qYTJMsI
The Birth of Dollar Shave Club
Founded in 2011 by Michael Dubin and Mark Levine, Dollar Shave Club aimed to solve a common consumer pain point: overpriced and inconvenient razor purchases. The company's subscription-based model promised high-quality razors delivered directly to customers' doors at a fraction of the cost, challenging the traditional retail model.
The Viral Video: "Our Blades Are F***ing Great"
Key Elements of the Video:
Authenticity: Michael Dubin's natural and relatable delivery made the brand feel genuine and trustworthy.
Humor: The script was packed with memorable jokes and absurd scenarios that entertained while conveying the product's value proposition.
Simplicity: The video clearly explained the problem (expensive, inconvenient razors) and DSC's solution in an easily digestible format.
Shareability: The entertaining nature and concise length made it highly shareable across social media platforms.
Immediate Impact: Within 48 hours of its release, the video amassed over 12,000 orders, crashing the company's servers due to the unexpected traffic surge.
Results and Growth
The viral success of the video translated into exponential growth for DSC.
Customer Acquisition: The company gained a massive influx of subscribers, building a strong customer base rapidly.
Investor Confidence: The buzz attracted substantial investments, fueling further expansion and product development.
Industry Disruption: DSC's success challenged established brands, leading to shifts in marketing strategies and pricing models within the industry.
Acquisition: In 2016, Unilever acquired Dollar Shave Club for a reported $1 billion, highlighting the monumental success achieved through innovative marketing.
Ad of the Week
McDonalds - first full AI-generated video that I’m aware of via john james
https://www.linkedin.com/posts/officialjohnjames_ai-advertising-ugcPost-7231841679882731520-_Hcq/?utm_source=share&utm_medium=member_android
Mcdonalds Japan has released a polished ad using AI that cost the creator $50 in tools. The implications for worldwide advertising supply chain are huge
SBP 085: A Field Guide To Smart Advertising. With Dan White.
Saison 3 · Épisode 85
jeudi 22 août 2024 • Durée 01:17:59
Welcome back to another episode of the Sleeping Barber Podcast! Today, we’re diving deep into advertising with our returning guest, Dan White. Dan, a marketing and insights innovator, former CMO, and co-developer of Kantar's BrandZ, joins us to discuss his latest book, "The Smart Advertising Book." This episode is packed with insights on evidence-based marketing, the importance of broad vs. narrow targeting, optimal marketing budgets, and the effectiveness of bursting vs. spreading your ad spend. Whether you're a seasoned marketer or just starting, this episode offers invaluable takeaways to enhance your advertising strategies.
Our Guest:
Dan White
https://www.linkedin.com/in/danwhite1000/
Marketing & Insights Innovator
Former CMO, co-developed Kantar’s BrandZ - the world's biggest brand equity measurement system
4-time author of some of the best marketing books in the world
Including the topic of today’s call the Smart Advertising Book
Our Hosts:
Follow our updates here: https://www.linkedin.com/company/sleeping-barber/
Get in touch with our hosts:
Marc Binkley: https://www.linkedin.com/in/marcbinkley/
Vassilis Douros: https://www.linkedin.com/in/vassilisdouros/
Timestamps:
0:50 - Intro to Dan
2:43 - How does the Smart Advertising fit with his other books
5:36 - Why write this book
7:35 - SMART = Evidence-Based Concepts
9:38 - The evidence for advertising ROI
13:20 - The evidence for demand generation
14:52 - The evidence for making customer switch
17:32 - The biggest driver of purchase behaviour
18:50 - How does advertising really work
22:14 - Why brands work over the long term
25:09 - We’re overcomplicating how branding works
31:09 - Why brand building is the right phrase
32:13 - Why packaging and ad creative need to match
34:37 - Core Concept: Reach v. Frequency
40:15 - Core Concept: Broad v. Narrow Targeting
48:47 - Core Concept: The optimal marketing budget
53:40 - Core Concept: Burst vs.Spreading Spend
58:44 - Find out more about Dan
1:00:44 - Post Pod with V and Marc
Episode Quote:
"If you can't explain it simply, you don't understand it well enough." - Dan White
Show Links:
The Smart Advertising Book https://www.amazon.ca/Smart-Advertising-Book-deliver-advertising/dp/1915951186
Dan’s Website https://www.smartmarketing.me/
Digital Ad Spend https://www.statista.com/statistics/237974/online-advertising-spending-worldwide
SBP 076: The Barber's Brief - June 20th, 2024
Saison 3 · Épisode 76
jeudi 20 juin 2024 • Durée 29:10
Welcome back to another episode of The Barber’s Brief. A segment where we cover news that caught our eye, a marketing moment where we highlight a case study, and our ad of the week.
We hope you enjoy the show!
Our Hosts:
Follow our updates here: https://www.linkedin.com/company/sleeping-barber/
Get in touch with our hosts:
Marc Binkley: https://www.linkedin.com/in/marcbinkley/
Vassilis Douros: https://www.linkedin.com/in/vassilisdouros/
In the News:
Nvidia's 10-for-1 Stock Split Is Over. Here's What's Next for the Stock.
Link: https://www.fool.com/investing/2024/06/16/nvidias-10-for-1-stock-split-is-over-heres-whats-n/
Meta announces new enhancements to Reels and AI-powered solutions at Cannes
Link: https://www.socialsamosa.com/2023/06/meta-reels-ai-solutions-at-cannes/
How to Kill Creativity
Link: https://hbr.org/1998/09/how-to-kill-creativity
TikTok ads will now include AI avatars of creators and stock actors
Link: https://techcrunch.com/2024/06/17/tiktok-ads-and-branded-content-will-now-include-ai-avatars-of-creators-and-stock-actors/
Marketing Moment: Highlighting Case studies (3-4 minutes):
Bubly / Buble Launch - ARF Advertising Research Foundation
Link: https://thearf-org-unified-admin.s3.amazonaws.com/ARF%20Ogilvy%20Award%20Case%20Studies/2020%20ARF%20David%20Ogilvy%20Award%20CS/Buble%CC%81-vs.-bubly.pdf
Challenge - Gain market share in a fast-growing category
Background
- PepsiCo looking at breaking into a emerging category
- La Croix was established market leader with 20% MS
- Product lacked personality
- Sparkling water category $2b industry by end of 2018
- CAGR around 20%
- Expected growth over the next 5 years of 74%
- Targeting millennials = generation play
Insight
- Adulting is hard
- millennials dealing with adulting want an everyday sparkling water brand that felt as fun, colorfoul and playful as soda.
- Used customer interviews, social listening, quant/qual message testing & google search trend analysis
- Most other brands had very little personality
- La Croix was positioned as fancier than others - name became territory for playful approach
Creative
- Brand took on a “playful instigator” role
- Focused on fun & colour in media placements, partnerships, creative and spokesperson (buble)
Launch
- 2019 superbowl kickoff with Buble convincing people how bubly was pronounced
- Partnership with Ellen Degeneres show featuring Buble in a fun skit
- Snackable video on most platforms, GIFs, BublyV.Buble gif
- Media placements on TV, CTV
Results
- 77% increase in brand awareness among category users
- Doubled retail sales in 2019 to $250M
- Purchase consideration grew by 2x
- Tripled category share
- La Croix reported 16% drop in 3rd quarter earnings
Ad of the Week
Paddy Power - Danny Dyer and Peter Crouch star in Paddy Power's new Euros advert
Link: https://youtu.be/BdavDrqE2jg?si=vyfH-5jhmfesqcM4
Danny Dyer (English actor and presenter) brings his Cockney charm to Paddy Power’s ad, capturing the nation’s excitement for the tournament with a humorous twist. The commercial playfully pokes fun at British quirks, featuring diverse characters who deliver sarcastic ‘compliments’ to the English. From Italians mockingly admiring our fashion to Germans grumbling about World Cup chants, and Dyer himself, portraying the quintessential English dad abroad, the ad is a witty celebration of our national character.
SBP 075: Trending Tensions In Marketing. With Esther Benzie.
Saison 3 · Épisode 75
jeudi 13 juin 2024 • Durée 01:12:52
In our latest podcast, we sit with marketing veteran Esther Benzie to explore the evolving marketing landscape. From her experiences at CIBC and P&G to her insights on the balance between brand and performance marketing, Esther shares invaluable knowledge that every marketer should hear. Discover the impact of digital channels, marketing specialists' rise, and marketing sustainability's future.
Don't miss this opportunity to learn from one of the industry's best. Enjoy the episode.
Our Guest:
Esther Benzie - https://linkedin.com/in/estherbenzie/
Senior Marketing Executive
Formerly the:
:: VP of Brand and Advertising @ CIBC and
:: VP Brand Operations @ P&G
:: Board Member of the AssociationAssociatiom of Canadian Advertisers
Our Hosts:
Follow our updates here: https://www.linkedin.com/company/sleeping-barber/
Get in touch with our hosts:
Marc Binkley: https://www.linkedin.com/in/marcbinkley/
Vassilis Douros: https://www.linkedin.com/in/vassilisdouros/
Timestamps
0:00 - Opening
0:44 - Intro to Esther
4:38 - Learning marketing foundations through CPG
7:30 - How digital changed marketing departments
10:30 - The negative impact of digital on creative
12:19 - Non-Viewable Impressions
15:20 - Talent Development - Specialists vs Generalists
22:45 - The shift from brand to performance and back
30:14 - What got lost in “Performance Marketing”
32:40 - How digital advertising change content supply chains
36:28 - An awakening with performance marketing
40:25 - Strategic objectives may differ from digital performance indicators
43:55 - How digital channels like Pinterest align with brand objectives
47:15 - The evolution of marketing performance metrics
55:06 - How to find out more about Esther
Post-Pod with V and Marc
SBP 074: The Barber's Brief - June 6, 2024
Saison 3 · Épisode 74
jeudi 6 juin 2024 • Durée 34:46
Welcome back to another episode of The Barber’s Brief. A segment where we cover news that caught our eye, a marketing moment where we highlight a case study, and our ad of the week.
We hope you enjoy the show!
Our Hosts:
Marc Binkley - https://www.linkedin.com/in/marcbinkley/
Vassilis Douros - https://www.linkedin.com/in/vassilisdouros/
Follow our updates here: https://www.linkedin.com/company/sleeping-barber/
In The News
Ad Age: American Airlines Fired Exec After a Marketing Change Aliented Corporate Clients
Link: https://adage.com/article/marketing-news-strategy/american-airlines-fired-chief-commercial-officer-vasu-raja-after-marketing-strategy-change/2562716
Paul Worthington Newsletter - Off Kilter - Oops, AI did it again Looking at some of the failings of AI
Link: https://www.invencion.com/off-kilter
Fast Company - How Amazon created a winning streaming formula: shows based on airport books for dads
Link: https://www.fastcompany.com/91134058/amazon-prime-video-streaming-airport-books-for-dads-james-patterson-cross
P&G’s Chief Brand Officer Mark Pritchard talking about inclusivity
Link: https://wwd.com/beauty-industry-news/beauty-features/marc-pritchard-on-serving-all-and-each-to-drive-market-growth-1236389828/
Marketing Moment - The Power of Positioning // Apple - The Turnaround
Background
- Back in 1997 - Apple was in big trouble
- They had just lost $800m
- Low market penetration and market capitalization of $2bn
- Michael Dell - when asked how he planned to fix the organization, he was planning to shut it down and give the money back to shareholders.
- Steve Jobs returned to re-focus Apple, and there was a lot of anticipation
- In August of the same year, Jobs addressed the future of the company at MacWorld 1997.
Brand Positioning and Strategy
Before getting to the Think Different campaign, they defined the new positioning of Apple, where they identified three core tenets.
- Simplicity
- Creativity
- Humanity
These three tenants became core to Apple and were a major part of the brief that went into the brief to TBWA\Chiat\Day, which famously led to the iconic “think different” campaign.
Revival and Growth
Why was this so powerful? It comes back to the three tenants:
- It was a simple message
- It was about creativity
- And celebrated at its core, humanity
Due to its simplicity, it also worked well across media channels (print, TV, OOH etc.)
The Think Different campaign bought Apple time and got them out of trouble.
Due to this newfound mental availability and the constant product innovation (see iPod) by 2003, Apple had an evaluation of $8bn.
However, because they wanted to grow globally as well, they re-brief Chiat/Day for a global iPod campaign was when “silhouettes” was born, which leaned again against the three core branding positioning tenants.
By 2006, Apple had turned a corner. Now worth over $70bn, it returned to its core product, computing. Going after Microsoft who had dominated for decades the space. The campaign, “Get a Mac” was born. Why did this campaign work?
- Apple created an “enemy”
- highlighted Apple’s simplicity and creativity
- Positioned against Microsoft’s complexity
What Lessons can we date from this example?
- Simple positioning always beats complex positioning - It is important to be clear, and consistent with your brand positioning,
- Differentiation is possible through positioning because it can also help with price volatility helping you to drive profits
Links:
Mark Ritson on the power of Apple's brand positioning (youtube.com)
Ad of the Week - Heinz Ketchup
Fighting counterfeiters of people refilling Heinz ketchup bottles with different brands of ketchup
Link: https://www.youtube.com/watch?v=S-TkRINrr4A&t=92s
© 2024 Sleeping Barber
SBP 073: Creative, Yachts and Apple Spritzers, with Conor Byrne
Saison 3 · Épisode 73
jeudi 30 mai 2024 • Durée 40:06
We are back with our second episode of the Mindless Marketers with our friend of the podcast and fellow podcast host of That's What I Call Marketing, Conor Byrne.
We switched things up in the episode, where this time we selected three marketing topics drawing inspiration from Tom Fishburne's Marketoonist, while we introduced a new segment that we hope you enjoy!
Get in touch with the hosts:
Marc Binkley: https://www.linkedin.com/in/marcbinkley/
Vassilis Douros: https://www.linkedin.com/in/vassilisdouros/
Conor Byrne:
https://www.linkedin.com/in/conorbyrne/
Timestamps:
00:00 - Introduction
01:19 - Convince Your C-Suite: The Real Impact of Creativity
07:30 - The Evolution and Challenges of the CMO Role
11:47 - The Creative Brief
11:50 - Data-Driven Marketing: A Double-Edged Sword
17:50 - NEW SEGMENT - This or That!
18:45 - Campaign Pre-testing
26:13 - Does Creative Inform Media, or Media Inform Creative
33:03 - Differentiation vs. Distinctiveness
Where to Listen:
Apple Podcasts: https://podcasts.apple.com/ca/podcast/the-sleeping-barber-a-business-and-marketing-podcast/id1609811324
Spotify: https://open.spotify.com/show/4v0kaM350zEY7X2VBuyfrF?si=7083317d5afd488b
Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9hbmNob3IuZm0vcy84MWVjYWJhNC9wb2RjYXN0L3Jzcw?sa=X&ved=2ahUKEwji_oSOopP-AhXnlo4IHTZKBgYQ9sEGegQIARAC
Youtube: https://www.youtube.com/@sleepingbarberpodcast
© 2024 Sleeping Barber
SBP 072: The Barber's Brief - May 23, 2024
Saison 3 · Épisode 72
jeudi 23 mai 2024 • Durée 31:58
Welcome back to another episode of The Barber’s Brief. A segment where we cover news that caught our eye, a marketing moment where we highlight a case study, and our ad of the week.
We hope you enjoy the show!
Our Hosts:
Marc Binkley - https://www.linkedin.com/in/marcbinkley/
Vassilis Douros - https://www.linkedin.com/in/vassilisdouros/
Follow our updates here: https://www.linkedin.com/company/sleeping-barber/
In The News
Red Lobster Filing bankruptcy because of shrimp
https://www.cnn.com/2024/05/20/business/what-went-wrong-at-red-lobster/index.html
Netflix is Launching Its Own Adtech
https://www.adexchanger.com/tv/netflix-is-launching-its-own-ad-tech/
Creatively awarded ads have average effectiveness
https://www.thedrum.com/opinion/2024/05/21/creatively-awarded-ads-once-effective-are-now-officially-average
Marketing Week - Tighter budgets and effective choices
https://www.marketingweek.com/tighter-budgets-effective-choices-your-marketing-week/
The Marketing Moment
Effectiveness of Tourism Australia's award-winning 'Dundee' ad - Mark Ritson
Link: https://www.youtube.com/watch?v=ZHgfp83k-10
Background
- Big Insight - Strategy Before Tactics
- 2007 - 2017 Tourists visiting Australia was up 11% BUT
- The increase of Americans visiting was much smaller - up 1.3%
- The big challenge was the barriers to travel relative to the competition
- Australia has high levels of awareness & a desire to visit
- But the big problem was intention
- Relative to the UK, France, and Italy Americans had ½ of the intention to visit down under
Barriers include
- High travel costs
- Length of flight
- Not enough time to travel
Campaign Strategy
- Communication Objective: Increase traveller intention
- Business Objective: Grow US Spend from $3.7B to $6b by 2020
- Target: High Value Traveller (higher spend & frequency)
- Positioning - A beautiful place to meet refreshingly irreverent people
Campaign
- Looked like a paid parntership for a new movie Son of Dundee movie trailer release in 2018 with Danny McBride
- Superbowl release trailer #2 with Danny & Chris Hemsworth
- Started promotions characters & partners like Quantas Airline videos addressing many of the questions preventing Americans from travelling
Results
- Most viewed ad in the Superbowl
- Won a gold Effie
- Intention increased by 83%
- 13% increase in bookings from American tourists 1 year in
Ad of the Week
Samsung swipes at Apple over controversial ‘Crush!’ ad for iPad Prohttps://www.marketingdive.com/news/samsung-apple-controversy-crush-ad-ipad-pro/716431/Samsung Video: https://youtu.be/v1YuCMHTGd4 Original Apple Video: https://www.youtube.com/watch?v=ntjkwIXWtrc
Samsung’s Response: Samsung released an ad titled “Creativity Cannot be Crushed” as a rebuttal to Apple’s controversial “Crush!” ad for the iPad Pro.
Ad Details: The Samsung ad features a musician finding a battered guitar in the aftermath of the Apple ad and playing music with the help of a Galaxy Tab S9.
Apple’s Apology: Apple apologized for the “Crush!” ad, which was criticized for being hostile to creativity, and halted its TV run.
Industry Reaction: The quick execution of Samsung’s ad highlights the need for marketers to respond swiftly to social media trends and conversations.
Noteworthy: Following this story’s publication, a spokesperson for BBH USA confirmed Samsung’s “Creativity Cannot be Crushed” ad is running on social channels and does not have paid media support.
SBP 071: Niche Does Not Mean Tiny. With Dr. Hermann Simon
Saison 3 · Épisode 71
jeudi 16 mai 2024 • Durée 01:01:12
Ever wondered about the companies leading global markets from behind the scenes? Our latest podcast episode features Dr. Hermann Simon, who unveils the mystery behind his book 'Hidden Champions.'
These mid-sized, niche companies are more influential than you think. Tune in to learn the strategies that make them successful and how they contribute to the global economy in ways you never imagined.
We hope you enjoy the show!
Our Guest:
Founder and Chairman of Simon-Kucher & Partners: world's leading pricing advisor with offices in 27 countries
https://www.simon-kucher.com/en
Inducted into the Thinkers50 Hall of fame
Visiting professor at Harvard, Stanford, Tokyo Business School, INSEAD etc
Co-Author of multiple books including Confessions of a pricing Man, Beating Inflation and Hidden Champions
Our Hosts:
Follow our updates here: https://www.linkedin.com/company/sleeping-barber/
Get in touch with our hosts:
Marc Binkley: https://www.linkedin.com/in/marcbinkley/
Vassilis Douros: https://www.linkedin.com/in/vassilisdouros/
Timestamps
0:00 - Intro to Hermann Simon
2:40 - Why Germany is so successful in exports?
4:18 - The growth of Hidden Champion research
5:20 - Defining hidden champion companies
7:17 - Apple’s value chain of “deep tech”
9:22 - Niche businesses aren’t always tiny
10:28 - 3 pillars of Hidden Champions strategy
11:25 - Customer proximity is one of their biggest strengths
12:32 - Hidden Champion’s innovation advantage vs. enterprise orgs
16:01 - How niche focus leads to technological advantages
20:49 - Profitability vs. Market Leadership motives of Hidden Champions
21:45 - Pricing strategy of Hidden Champions
22:48 - Niche companies are not without competitors
24:18 - Why Germany produces so many Hidden Champions
29:12 - Competitive advantages - a 22 year overnight success
31:59 - Government’s role in developing supporting eco-systems
34:12 - Talent development & Leadership style of Hidden Champions
37:00 - The role of M&A
39:35 - Innovation processes inside Hidden Champion orgs
42:10 - Take-aways from Hidden Champions
46:55 - Post-pod with V and Marc
Background Research & Literature:
Simon, H. (1992). Lessons from Germany’s midsize giants. Harvard Business Review, 70, 115–123.
Simon, H. (1996). Hidden champions–Lessons from 500 of the world’s best unknown companies, Boston: Harvard Business School Press.
M&A has an 50-90% failure rate https://finance.yahoo.com/news/why-90-mergers-acquisitions-fail-155000525.html
Profit or Growth - You lie in the bed you make https://journals.sagepub.com/doi/abs/10.1177/10422587211059991
https://www.visualcapitalist.com/cp/worlds-exports-by-country-one-chart/
SBP 070: The Barber's Brief - May 9, 2024
Saison 3 · Épisode 70
jeudi 9 mai 2024 • Durée 31:51
Welcome back to another episode of The Barber’s Brief. A segment where we cover news that caught our eye, a marketing moment where we highlight a case study, and our ad of the week.
We hope you enjoy the show!
Our Hosts: Follow our updates here: https://www.linkedin.com/company/sleeping-barber/ Get in touch with our hosts: Marc Binkley: https://www.linkedin.com/in/marcbinkley/ Vassilis Douros: https://www.linkedin.com/in/vassilisdouros/ In the News
In the News
Meteoric Rise & Fall of Prime:
https://finance.yahoo.com/news/meteoric-rise-stunning-fall-prime-130900275.html
Adweek: Google Delays Cookie Deprication a Third Time
https://www.adweek.com/programmatic/google-delays-cookie-deprecation-for-the-third-time/
Why most launches fail to grow your brand?
https://www.linkedin.com/pulse/why-do-most-launches-fail-grow-your-brand-prof-dr-koen-pauwels-wwsfe/
lobal social media ad spend to approach £200bn in 2024
https://www.marketingweek.com/social-media-spend-200bn/
Marketing Moment: McDonald’s: A 15-Year Brand-Building Triumph
Background
In the early 2000s, McDonald’s faced significant challenges in the UK. Cultural outrage and negative perceptions threatened its very existence. However, the brand’s resilience and innovative approach helped them turn the tide.
The Crisis
Context: McDonald’s was once a beloved part of British life but had lost its luster.
Crisis: A series of events damaged brand perception, putting the business at risk.
Abuse claims - https://www.bbc.com/news/business-66231131
McDonald's runs out of milkshakes in England, Scotland and Wales - https://www.bbc.com/news/business-58315152
The Unique Approach
Emotional Brand-Building: McDonald’s focused on emotional connections rather than just transactions.
Target Audience: Instead of narrow segmentation, they aimed to reach the entire nation.
TV Advertising: TV remained their primary medium, allowing broad reach and emotional storytelling.
Results
Commercial Growth: Despite PR crises, market fragmentation, and Covid-19 disruption, McDonald’s thrived.
£4.7 Billion Net Revenue: Their brand-building efforts contributed significantly.
Case Study Gold: Recognized as the most effective restaurant brand case study by IPA.
References:
Mcdonald’s Marketing Strategy 2024: A Case Study: https://thebigmarketing.com/mcdonalds-marketing-strategy/
McDonald’s: Keeping customers Lovin It for 15 year
https://www.thinkbox.tv/case-studies/brand-films/mcdonalds-keeping-customers-lovin-it-for-15-years
Ad of the Week
Trucker Napp VW Meteor
Link: https://youtu.be/5RBayTVBUlQ?si=CxGSUuaH9nyJmErN
- 42% of auto accidents are related to lack of sleep
- In Brazil, truck drivers suffer the highest # of fatal accidents while on the job
- Pressure to get deliveries to a location often forces them to not sleep
- VW & Livelo (Brazil's largest reward program) created the Trucker Napp app
- Connect smartwatch to the Trucker Napp app
- Earn points for sleeping
- Better sleep quality = more points
- The more points a company fleet earns, the more discount the company gets from VW
Timestamps
0:00 - Introduction
0:45 - In The News
0:50 - Prime Energy (The Rise and Fall)
5:40 - Google's Cookie Deprication Delayed. Again.
9:04 - Why Most Launches Fail to Grow Your Business
14:00 - Social Media Has Now Overtaken All Media Channels in Spend
17:00 - The Marketing Moment - McDonald’s: A 15-Year Brand-Building Triumph
23:00 - Audience Q/A
27:00 - Ad of the week
SBP 069: Slaying Marketing's Sacred Cows. With Dale Harrison.
Saison 3 · Épisode 69
jeudi 2 mai 2024 • Durée 01:27:17
This week's episode of the Sleeping Barber podcast features Dale W. Harrison, Commercial Strategy & Marketing Effectiveness Consultant @ Inforda Services. Dale features an extraordinary background from physics to finance and marketing.
We dive into the fallacies of demand generation, the truth about ROI, and the impact of brand awareness. Don't miss this enlightening discussion that will leave you with a new perspective on marketing strategy.
Enjoy the show!
Our Guest:
Dale W. Harrison
LinkedIn: https://www.linkedin.com/in/dalewharrison/
Youtube: https://www.youtube.com/@BiotechBestPractices
Our Hosts:
Follow our updates here: https://www.linkedin.com/company/sleeping-barber/
Get in touch with our hosts:
Marc Binkley: https://www.linkedin.com/in/marcbinkley/
Vassilis Douros: https://www.linkedin.com/in/vassilisdouros/
Timestamps
0:00 - Introduction
2:46 - From experimental physics to finance to marketing
10:22 - Faith-based beliefs like lead nurturing and scoring
14:19 - Why some marketing measurements aren’t metrics
17:54 - Lead scoring, MTA & sales velocity should never be performance metrics
23:05 - Comparing the path to purchase of real customers to interpreted intent signals
31:15 - Why ROI is a troubling metric
36:41 - Performance vs. Brand advertising are different asset classes
44:34 - Business value of brand - it makes things more effective AND efficient
46:54 - The point of brand campaigns
51:11 - Mulit-Touch Attribution - just because you can measure something doesn’t mean it’s useful
57:39 - Billboard & radio
58:51 - The fallacy of demand generation & intent signals
1:13 - Post Pod with V and Marc
Background links:
Not All Marketing Metrics are “measurements” - https://www.linkedin.com/posts/dalewharrison_%3F%3F%3F-%3F%3F%3F-%3F%3F%3F%3F%3F%3F%3F%3F%3F-%3F%3F%3F%3F-activity-7170140668697276416-iTMJ?utm_source=share&utm_medium=member_desktop
Marketing Effectiveness vs. Efficiency - https://www.linkedin.com/posts/dalewharrison_%3F%3F%3F%3F%3F%3F%3F%3F%3F-%3F%3F%3F%3F%3F%3F%3F%3F%3F%3F%3F%3F%3F-activity-7148782037108178944-IEUL?utm_source=share&utm_medium=member_desktop
Marketing ROI is not a real number you can calculate - https://www.linkedin.com/posts/dalewharrison_%3F%3F%3F%3F%3F%3F%3F%3F%3F-%3F%3F%3F-%3F%3F-%3F%3F%3F-%3F-activity-7152401810681483265-yeeT?utm_source=share&utm_medium=member_desktop
IS MTA actually Even Attribution? - https://www.linkedin.com/posts/dalewharrison_%3F%3F-%3F%3F%3F%3F%3F-%3F%3F%3F%3F%3F-%3F%3F%3F%3F%3F%3F%3F-activity-7165085278636822528-pcGY?utm_source=share&utm_medium=member_desktop
How the CFO Sees Your Marketing Budget - https://www.linkedin.com/posts/dalewharrison_%3F%3F%3F-%3F%3F%3F-%3F%3F%3F-%3F%3F%3F%3F-%3F%3F%3F%3F-%3F-activity-7168655113627062272-Sgpo?utm_source=share&utm_medium=member_desktop
Demand Creation does not exist - https://www.linkedin.com/posts/dalewharrison_%3F%3F%3F%3F%3F%3F-%3F%3F%3F%3F%3F%3F%3F%3F-%3F%3F%3F%3F-%3F-activity-7157471671409373184-Ob9v?utm_source=share&utm_medium=member_desktop
Where to Listen:
Apple Podcasts: https://podcasts.apple.com/ca/podcast/the-sleeping-barber-a-business-and-marketing-podcast/id1609811324
Spotify: https://open.spotify.com/show/4v0kaM350zEY7X2VBuyfrF?si=7083317d5afd488b
Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9hbmNob3IuZm0vcy84MWVjYWJhNC9wb2RjYXN0L3Jzcw?sa=X&ved=2ahUKEwji_oSOopP-AhXnlo4IHTZKBgYQ9sEGegQIARAC
Youtube: https://www.youtube.com/@sleepingbarberpodcast