
Friday, September 3, 2010
ME 52-42: Marketing Consultant speaks of immediacy in the marketing communication world

Thursday, February 25, 2010
ME52-15: Getting a Handle on Tech Space

Thursday, February 11, 2010
ME 52-13: Technology drives change in marketing
With a background in journalism and entertainment, Any Hsu has recently moved into the technology sector, and believes that technology is definitely a key driver in shaping marketing and the business world. And of course, her most admired marketer is Steve Jobs.
Any Hsu
Sales Account Manager,
LiteOn Technology Group
Linkedin: http://www.linkedin.com/pub/any-hsu/4/802/5b
What site(s) do you have to visit every day for marketing news?
Woot , Facebook, TED, You Tube, BNet, Yahoo Bid, 10+ individual blogs
What site(s) do you go to at least once a day for fun and inspiration?
Same as above. I must admit that I do not have the time to go to all of the websites but I make sure I do it at least once a week.
Greatest skill a good marketing professional requires?
Passion, creativity, great sense of humor and intelligence.
What’s the recent “it” marketing phrase/trend of the moment that you hear almost every day and what does it mean for the industry and marketplace?
“Find us on facebook, twitter, youtube, myspace, etc.” What does it mean? Your friends now check their FB inbox more often than their mail box. So where do you go to find your customers within the shortest time?
There have been fads in the marketing world. In your opinion, what are recent developments that are here to stay?
Social media will definitely be sticking around for a while, however I do anticipate changes in user behavior which will come with more new technology.
What is essential NOT to do when it comes to your specialty?
Nothing, always think outside the box, there is nothing you can’t do, but always consider the consequences.
What’s an imminent hurdle in the marketing world that you think will cause significant changes to the way we market to consumers or businesses?
I think technology is what will bring the next big change, from the internet to smart phones, I-pads, etc, mobility will change consumer behavior and eliminate certain traditional marketing channels.
Can marketing ideas travel across continents, countries and languages? Does globalization work or is localization more effective?
Absolutely yes but not ALL ideas. Some ideas may not travel across different cultures, which could be some what challenging. Comparing globalization to localization is like comparing apples to oranges. They both work and be effective in such different ways. But I think living in a world of no boundaries, glocalization is the way to go.
Best piece of advice you’ve received professionally or personally?
“Vision without a task is only a dream. A task without a vision is but drudgery. But vision with a task is a dream fulfilled.”
Growing up what was the first thing you can remember wanting to be?
A lawyer or a law maker.
Is Marketing more of an art or more of a science?
It’s literature.
Who is your most admired marketer, and why?
Steve Jobs
Wednesday, February 3, 2010
ME52-12: The Rise of Prosumerism - The Progressive Consumer
Very succinctly put, Shaun Ching states that Marketing is an art form driven by science. A product manager in a world-leading innovative logistics service company, Shaun talks about the shift away from business' purpose of maximizing shareholder-value to consumer-driven capitalism, and the rise of "prosumerism".
Prosumerism - the progressive consumer- is a modern consumer who searches for the highest quality product that best meets their needs and fits their budget criteria, through researching the product’s value, performance and price through social networks and consumer product reviews.

Are you a progressive consumer?
Shaun Ching
Marketing Specialist Advisor
FedEx Corporation
What site(s) do you have to visit every day for marketing news?
www.bbc.co.uk, www.wsj.com. www.smartmoney.com, www.cnbc.com
What site(s) do you go to at least once a day for fun and inspiration?
www.theonion.com, www.oprah.com
Greatest skill a good marketing professional requires?
Leadership flexibility to adapt strategies in the fast changing pace of marketing environment, and the ability to make fact based decision in ambiguous business situation where few data points are available.
What’s the recent “it” marketing phrase/trend of the moment that you hear almost every day and what does it mean for the industry and marketplace?
Reinvent marketing to steer organization to be customer-manager driven and not product manager driven. Basically it is the customer centric approach to develop customer managers who engage individual customers on narrow segments in two-way communications, building long-term relationships by promoting whichever of the company’s products the customer would value most at any given time. To compete in this aggressively interactive environment, companies must shift their focus from driving transactions to maximizing customer lifetime value. That means making products and brands subservient to long-term customer relationship. And that means changing strategy and structure across the organization-and reinventing marketing department altogether. Transformation of this scale must be driven from the top down. But however daunting, the shift is inevitable. It will soon be the only competitive way to serve customers.
There have been fads in the marketing world. In your opinion, what are recent developments that are here to stay?
The era of the purpose of corporation should be to maximize shareholders’ wealth has shifted. It is a tragically flawed premise, and it is time we abandoned it and make the shift to a third era: customer driven capitalism, where CEOs are free to concentrate on building the real business, rather than be constrained by managing shareholder expectations. The quality of corporate decision making would improve because thinking about the customer forces you to focus on improving your operations and the products and services you provide, rather than on spinning lines to shareholders. This does not mean that you will lose cost discipline, the profit motive will not go away. It means we need to reinvent the purpose of corporation to not fall in the trap of trading long-term gains from temporary gains.
What is essential NOT to do when it comes to your specialty?
Failure to keep abreast of the latest thinking in marketing and business world and stick to the old dogma of how previous marketing successes were formulated.
What’s an imminent hurdle in the marketing world that you think will cause significant changes to the way we market to consumers or businesses?
The proliferation of marketing mediums to reach customers and the rise of prosumerism.
Can marketing ideas travel across continents, countries and languages? Does globalization work or is localization more effective?
It definitely can, with screwed localization tactics to bring the global ideas that can connect with local customers.
Best piece of advice you’ve received professionally or personally?
At the end of the day, one would not cringe on the deathbed and say to oneself: “ How I wish I spend more time at work!”. Career is only a one part of our lives, don’t let it over rule our being.
Growing up what was the first thing you can remember wanting to be?
Newscaster in BBC news
Is Marketing more of an art or more of a science?
It is an art form driven by science.
What is a recent campaign that you admire?
The HTC wants you campaign is brilliant. HTC “Quietly Brillaint” brand positioning focuses on “You”, the consumer. Rather than technical capability or product specifics (yawn, IPad), the “You” campaign trumpets the emotional connections made possible through smartphones. It is a riveting positioning and the television commercials undermine the marketing principle that companies that offer products that complements consumers just the way they were are emotionally more resonating, rather than offer products that will make them a better person – more responsive, better organized, less cluttered.
Wednesday, December 23, 2009
ME 52-6: In an Era of Real-time Feedback and a Deluge of Data
Sara Borthwick
Sr. Product Manager, Industry Products, TRAX
GameSpot
Linkedin: http://www.linkedin.com/pub/dir/Sara/Borthwick/
What site(s) do you have to visit every day for marketing news?
I subscribe to about 14 work related newsletters, so the only sites that I actively visit are Business Insider and MediaPost. I also avidly read the news and the NYTimes, Economist and WSJ have good articles about marketing and sociology/psychology/linguistics that I find useful.
Girl Genius, XKCD, TED, LiveJournal, Apartment Therapy, TMZ, and FiveThirtyEight. News sites: CNN, MSNBC, NYTimes, Economist
Greatest skill a good marketing professional requires?
Marketing is an art and a science. As such, I think that the best marketers are highly empathetic and able to easily put themselves in their consumers’ shoes, however, they are also highly logical, and able to distance themselves from emotions when necessary to make hard but logical choices. Now the combination of empathy and rationality is the necessary skill set to do marketing well, but I believe, as Plato did, that if a marketer is skilled at rhetoric and persuasion they will have tremendous success even if they aren’t as strong in the empathy/logic skill combination.
What’s the recent “it” marketing phrase/trend of the moment that you hear almost every day and what does it mean for the industry and marketplace?
For the past 6 months or so, I’ve heard a lot about “cause marketing.” Basically consumer packaged goods associate themselves with a humanitarian cause, creating a halo effect for the brand. When a customer is at a shelf and selecting between two or more options, the brand that has a connection to a humanitarian cause will seem to be more desirable, even it is priced higher.
There have been fads in the marketing world. In your opinion, what are recent developments that are here to stay?
Green marketing was a fad that started about 3 years ago. Companies touted carbon neutral or partially recycled products. To me, the fad got out of hand when I saw recycled toilet paper... Certain products didn’t do much to help the planet, just alleviate guilt. Fortunately some of the egregious examples have disappeared, leaving truly useful, recycled products behind.
What is essential NOT to do when it comes to your specialty?
Do not mislead. To be wrong is not OK, but it is forgivable, but to intentionally mislead is unforgivable.
What’s an imminent hurdle in the marketing world that you think will cause significant changes to the way we market to consumers or businesses?
With all mediums becoming digital and thus trackable, marketing is getting a near real-time feedback loop. The wealth of information is overloading current systems and processes that were designed in another era. The world of marketing must either figure out a way to incorporate and respond appropriately to the deluge of consumer feedback, or it must change the game. Amazon.com does a good job of incorporating and responding appropriately to the wealth of information, while Apple does a great job of changing the game.
Can marketing ideas travel across continents, countries and languages? Does globalization work or is localization more effective?
Great ideas are universal ideas. They speak to the human condition. Great marketing ideas can be the same. The challenge is that across the globe, we speak thousands upon thousands of different languages and the great ideas must be communicated in a way that each individual person to can hear it and be motivated to change their behavior. The communication of the marketing idea, whether through marketing communication or product design needs to be adapted for each audience; translated into each audience’s languages and cultures.
Best piece of advice you’ve received professionally or personally?
Before I started college, an older cousin pulled me aside and told me that it doesn’t matter what you major in; a company will have to train you anyway. Study what interests you and makes you want to go to class. That really resonated with me. When selecting a college, I looked for good engineering programs. I thought I was going to get a degree in material engineering until I took my first engineering course. Uggh! I hated it. But because of my cousin’s advice, I didn’t feel like a failure or feel any pressure to keep going. Instead I took a variety of courses that interested me and came out with a liberal arts degree that trained me for no profession but gave me the skills to think critical, communicate well and learn any subject quickly.
I remember being about 10 years old and complaining to my parents at dinner one night that it was completely unfair that kids couldn’t vote. I had thoughts and opinions. The laws would impact me just as much as someone twice or four times my age. I should have a say. At that time I believe I also stated that I wanted to be a politician. That may have been my earliest career ambition. That, or being a pastry chef. I can’t really remember.
What do you think are some of the most promising models for monetization of digital content?
While advertising will always continue to be a revenue source for digital content, I’m really impressed by companies that are making money off of the information they collect from consumers of their digital content. Twitter has announced it is profitable based upon selling access to its data stream. Facebook makes money by selling access to users’ information to other sites if that user opts to share the information with the other site via Facebook Connect. The Business Insider is starting to sell its analysis work as a research product. CNET.com sells their catalog of consumer electronics product details to retailers and manufacturers.
What are growth opportunities within the Marketing industry, as people are looking at their careers?
Analytical marketing is a growing subfield within the marketing industry. With all the deluge of data coming in from all angles, there is a tremendous need for marketers to make sense of the information and respond appropriately. That requires marketers who not only understanding traditional marketing (4 Ps) and marketing strategy, but who can also quickly access and manipulate large data sets. Statistical skills are key.
