{"id":3303,"date":"2009-04-24T05:56:45","date_gmt":"2009-04-24T12:56:45","guid":{"rendered":"http:\/\/www.web-strategist.com\/blog\/?p=3303"},"modified":"2009-04-25T17:38:38","modified_gmt":"2009-04-26T00:38:38","slug":"marketing-forum-theme-day-1-do-marketing-differently-innovate-during-a-recession","status":"publish","type":"post","link":"https:\/\/web-strategist.com\/blog\/2009\/04\/24\/marketing-forum-theme-day-1-do-marketing-differently-innovate-during-a-recession\/","title":{"rendered":"Marketing Forum Theme Day 1: Do Marketing Differently: Innovate During A Recession"},"content":{"rendered":"<p><a href=\"http:\/\/www.flickr.com\/photos\/jeremiah_owyang\/3468731626\/\"><img decoding=\"async\" border=\"0\" style=\"margin: 0pt 10px 10px 0pt; float: left; cursor: pointer\" src=\"http:\/\/farm4.static.flickr.com\/3613\/3468731626_5797f86d99_m.jpg\" \/><\/a><\/p>\n<p>Forrester&#8217;s Marketing Forum in Orlando Florida<\/p>\n<p>Forrester&#8217;s Christine Spivey Overby kicked off the conference, first reminiscing on how great innovation comes out of times of economic struggle. Her example, which is so suited for <a href=\"http:\/\/www.forrester.com\/events\/eventdetail?eventID=2375\">Forrester&#8217;s marketing conference in Orlando<\/a>, is Walt Disney&#8217;s creative genius to develop an iconic entertainment franchise. She stresses that now is the time to do marketing differently by thinking differently and embracing innovation.<\/p>\n<h2 style=\"text-align: center;\">[Marketers should innovate now, despite the perceived risk]<\/h2>\n<p><strong>Why innovate now:<\/strong><br \/>\nVP\/Principal Analyst on the Interactive Marketing team, Shar VanBoskirk spoke next. She indicates that a recent forecast shows that mobile, social, email, display, and search marketing will increase at a CGR of 17% in 2014. She gives some funny examples of some silly Twitter examples from overzealous customers. Risks: we take them because of the thrill, or the innovation.<\/p>\n<p><strong>Accessible innovation:<\/strong><br \/>\nA marketing program development that you can pursue within your own role in order to solve problems or improve business results.  It&#8217;s not limited to your CMO or your corporate strategy group. An accessible innovation should have the following traits:<\/p>\n<ul>\n<li>Enhance:  Replace incumbent channel with an unproven one.<\/li>\n<li>Include: Incorporate community perspective<\/li>\n<li>Empathize: Relating to your community<\/li>\n<li>Iterate: Speeds developing<\/li>\n<\/ul>\n<p>Shar notes that BestBuy&#8217;s remix is a great example of innovating during a recession.  They&#8217;ve provided an API for third party developers   I&#8217;ve outlined the program   the most unique is GPS discovery tool and Camel. With all innovation comes risk, in Best Buy&#8217;s case the risk is letting anyone use brand assets.<\/p>\n<p><strong>7-11 Takes Risks with Simpsons tie-in<\/strong><br \/>\nNext, we had Rita Bargerhuff, the VP of Marketing, discussing how 7-11 takes risks. She outlines there are four requirements before diving into risk:  1) is it right for your Brand 2) is it right for consumers 3) is it right for internal stakeholders and 4) Is it right for the environment.<\/p>\n<p>Rita eloquently gave a case study of how they aligned the 7-11 brand with the popular Simpsons movie, which while was risky as the show paints &#8220;Kwik-e-mart&#8221; in a culturally sensitive parody, see a public flickr set. Taking the risk required intensive stakeholder buy-in, which resulted in movie tie-ins, movie product tie-in (squishee), and even creating a Kwik-e-mart store. Did it pay off? Yes, there were lines wrapped around the store to get into the store.<\/p>\n<p>Her closing remarks? &#8220;Success leads to success You&#8217;ll attract new business partners&#8221; well spoken.<\/p>\n<p>This was cross posted on the <a href=\"http:\/\/blogs.forrester.com\/marketing\/2009\/04\/marketing-forum-theme-day-1-do-marketing-differently-innovate-during-a-recession.html\">Forrester Interactive Marketing Blog<\/a>, Zach Hofer-Shall gave a quick read over this post before I posted, thanks.<\/p>\n<p><center><embed flashvars=\"autoplay=false\" width=\"320\" height=\"260\" allowfullscreen=\"true\" allowscriptaccess=\"always\" src=\"http:\/\/www.ustream.tv\/flash\/video\/1421647\" type=\"application\/x-shockwave-flash\" \/><br \/>\nAbove: Here&#8217;s a ustream recording of the opening keynote. <\/center><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Forrester&rsquo;s Marketing Forum in Orlando Florida Forrester&rsquo;s Christine Spivey Overby kicked off the conference, first reminiscing on how great innovation comes out of times of economic struggle. Her example, which is so suited for Forrester&rsquo;s marketing conference in Orlando, is Walt Disney&rsquo;s creative genius to &hellip; <a href=\"https:\/\/web-strategist.com\/blog\/2009\/04\/24\/marketing-forum-theme-day-1-do-marketing-differently-innovate-during-a-recession\/\" class=\"more-link\"><span>Continue reading<span class=\"screen-reader-text\">Marketing Forum Theme Day 1: Do Marketing Differently: Innovate During A Recession<\/span><\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,72],"tags":[],"class_list":["post-3303","post","type-post","status-publish","format-standard","hentry","category-conference","category-forrester"],"_links":{"self":[{"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/posts\/3303","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/comments?post=3303"}],"version-history":[{"count":0,"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/posts\/3303\/revisions"}],"wp:attachment":[{"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/media?parent=3303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/categories?post=3303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/tags?post=3303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}