Release 0.9: Report from TED: Sponsors vs. Advertisers, or "Pay Attention, Please!"

Posted February 29, 2008 | 11:44 AM (EST)



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I leave it to others to report from TED: The people are wonderful, the talks are extraordinary, and the food and arrangements are generous. (And I don't think I've heard the words Web 2.0 once on the main stage...)

Here I'd like to focus instead on the business model of TED itself. I went to the sponsors' breakfast yesterday morning (mostly because it was the only one left; people faster on their feet could have heard about Google.org or a host of other more elevated topics). Certainly it wasn't the kind of soaring, insightful talk you hear on the main stage of TED itself, but it was intriguing as a model of precisely what I was talking about last week in "Don't cry for me, MicroHoogle." More on that in a moment.

The TED pitch - ably delivered by Tom Rielly - is that you (a giant oil or car company, a soft-drink maker) can best attract a modern following not by interrupting people with ads all the time, but by reaching opinion leaders and by participating in and sponsoring their activities. Talk to them in a place where you are trusted such as Monterey-taken-over-by-TED. Sponsor meaningful, thought-provoking activities; you don't need to show a commercial onstage (other than a brief mention by TED curator Chris Anderson). It's enough to be associated with compelling talks by big thinkers, to send your head of marketing to show up at a breakfast where their table mates may include the likes of Jeff Bezos, Carl Bernstein, Robin Williams. (Well, I'm not sure these people make it up for breakfast, but you get the idea!)

Sitting at the TED breakfast, much to my surprise, I thought how nice it would be to get WPP Group, by far the richest company over which I have any influence, to sponsor TED Global in India next year. How better to get out the word that WPP is uniquely (for a communications/marketing conglomerate) conscious of and active in the emerging markets that will lead the world in the coming century? How better to persuade the right people that we are clueful? How better to understand how to serve other people interested in those markets.

Attention please!

So, that's very well, but what does it have to do with selling soft drinks? Well, it comes back to that old notion of the unique selling proposition. You used to get a brand premium or visibility by advertising; the ads drew people's attention to the products (and at least indirectly proved that the company was legitimate enough to afford to advertise and that millions of other people were happily using the same product). You could talk about your secret ingredients or your features.

Now you need to talk about your manufacturing process and the people who work in your factories; you need to talk about your company's and your products' place in the world.

In today's world, it's much harder to get attention; people's messages are getting drowned out. You have to go to where they are receptive - at TED, or (imagine!) online within a social network. And then when you get there you should not interrupt their conversation; you should listen to them, treat them as unique individuals. People love being listened to! Just try it! (You may actually learn something about them and be able to offer them something that appeals to them as individuals.)

Oddly, the reception for my piece in the Wall Street Journal (a version of my HuffPo post) was an illustration of all this: Most of the people who wrote to me failed to listen to what I was saying . (And of course, I failed to get my message across! I'm trying again here.)

I got loads of messages from marketers, advertisers and would-be behavioral targeters, most of whom missed the point. They saw the words "behavioral targeting" up-top, along with the Journal title "The coming ad revolution," and stopped listening. They wrote to me about clever new technology designed to track people rather than listen to them. They talked about cluttering up social space with banner ads... I don't think they read to the end where I talked about listening to individuals rather than tracking people in order to put them into segment buckets.

In short, they totally missed the point - just like the clueless guy in the Microsoft breakup video http://www.youtube.com/watch?v=D3qltEtl7H8who reacts to his departing girlfriend with "I know what you want! You want coupons!"

More soon on how Coca-Cola and 23andMe used TED effectively


 
 

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Hi all -
Does anyone think that it's rather sinister - not in a luddite way, but in a human sort of way - that along with individual recognition, we as potential consumers now must deal with a sort of total collapse of anything like purely personal, friend-oriented space? certainly, if you know everyone in your community, you're more liable to buy from them, and the relationships entailed in these purchases will most likely be somewhat wholistic. Yet the internet is not really a small town, its an impersonal space. And we're talking about being approached by informed sales reps, so to speak, not by the neighborhood corner shop owner. It's like undercover product pushers in bars, who offer to buy you a drink...of Finlandia, that is, which is of course the best vodka, I'm just saying...

Is this clear at all? A potentially really fundamental re-working of interpersonal relations? Or no, I'm being ridiculous and the whole thing is about convenience, and the onus is on us to draw our own boundaries?

In other words, from the perspective of the salesperson: is making an informed sales pitch really the same thing as listening to someone? Do we really only interact on the market level?

    Favorite    Flag as abusive Posted 02:44 PM on 03/06/2008

Thanks, Esther. I always appreciate your insight on this aspect of our culture and indeed, it does seem as if the sponsors not only miss the point but do so adamantly. Do they know something we don't? They sure act like it...but then we get the same old thing, and I really have to wonder. Are we askin' for it somehow? HeadsOn, apply directly to the head, HeadsOn, apply directly to the head, HeadsOn...arggggkkkkkaahhhh...

Oh and for the previous poster who asked "what TED is?". Technology Entertainment and Design dot com which annyually hold an amazing get-together in which the new and interestng and important find common ground. Attended by high calibre performers, innovators and presenters and a healthy smattering of the very very lucky. Its archive of short (25 minute or so) videos are singular in their clear and concise style and I've yet to watch one that I haven't found at least interesting and worthwhile and some are absolutely mind-rippingly compelling. Go to TED.com

    Favorite    Flag as abusive Posted 06:37 PM on 03/01/2008

Esther,

What we really need is easily accessible and statistically available ratings to estabilsh public accountability. Make the world a small town. People will buy from those they trust in the small town.

I have a vision of how to do it, but it requires some (already) patented technology.

Put me in touch with anyone with the leverage, I'll send an NDA, and we may see where this idea goes.

parknfly07 at gmail

    Favorite    Flag as abusive Posted 09:39 AM on 03/01/2008

Oh please spare me these guys are still around hawking their junk ideas to make money?

Sheesh

    Favorite    Flag as abusive Posted 06:14 PM on 02/29/2008

Ahhhhhh - the GenX version of the Bohemian Grove...

"How can we MANIPULATE the 'goose with the golden egg'?"

UH oh......has anyone explained to all those PUBAHS attending the 'gala' event that

THEY HAVE KILLED THE GOOSE? Roasted it. Well done. Crispy.

Ahhhhhhhh - the GenX version of the Bohemian Grove......

    Favorite    Flag as abusive Posted 12:10 PM on 02/29/2008

what the heck is a TED?

    Favorite    Flag as abusive Posted 11:55 AM on 02/29/2008

I gather that a TED is an advertising gimick. It sounds like the SATURDAY EVENING POST' s old attempt to sell ads by claiming that their geriatric readers were influential people who could somehow influence others to buy things advertised in the SATURDAY EVENING POST. The POST folded anyway. It has been revived as a nostalgia title which serves a small niche market with reprints & revised stories written in the style the SATURDAY EVENING POST used in the 1950's when it tried to remain a mass circulation weekly. TED sounds like old wine in new bottles, not new wine in old bottles. Ad people remain obsessed with old gimicks which bear 'new' names. The ad gimicks have failed repeatedly in the past. Marketing people, the new buzz word, for ad people, may be as dumb as Marketing people think the customers they target are when they trot out hoary, failed gimicks, as snazzy 'new' gimicks to attempt to sell the same old stuff as 'new & improved'. We are due for a remake of the old chestnut about the ad game, "The Hucksters" too. SS/DD.

    Favorite    Flag as abusive Posted 08:32 PM on 03/02/2008
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