Quantcast Harbus
College Media Network

Harbus

RSSLoginBack Issues

Marketing to Win: Changing the Rules of the Game

Students and Local Community Come To HBS Marketing Club Conference

By Alyssa Martin (NI) and Jenny Vandrovec, (NC), Contributing Writers

Issue date: 12/10/07 Section: News
Keynote speaker Allen Olivo, Yahoo!'s VP Global Brand Marketing, poses with conference organizers Joyce Chiu, Liz Berman, Anisha Raghavan, and Teresa Monteiro.
Media Credit: Alyssa Martin (NI)
Keynote speaker Allen Olivo, Yahoo!'s VP Global Brand Marketing, poses with conference organizers Joyce Chiu, Liz Berman, Anisha Raghavan, and Teresa Monteiro.

Consumers now live in a world where their product choices are endless, their lives are more hectic than ever, and rapidly improving technologies surround them. Thus, marketers must work harder and smarter in order to capture consumers' attention. This dynamic that exists today was the theme of the 2007 Marketing Conference, entitled "Marketing to Win: Changing the Rules of the Game." The conference, which attracted 170 attendees and 15 speakers, was held Sunday, December 2 in Spangler Auditorium. The conference hosted the industry's leading marketers as they discussed and debated their big wins facilitated by revitalizing brands, strategic globalization, and alternative marketing.

Mike Polk, President of Unilever Americas, kicked off the day by challenging the audience of future "brand changers" to find real growth by coming up with ideas that disrupt the norm. The infamous and celebrated Dove 'Real Beauty' and Axe 'Bom Chicka WaWa' campaigns were used as real and recent examples of how reframing categories can lead to huge growth and substantial consumer dialogue. Polk's talk did come with some self-admitted controversy: how can the same company market a 'Real Beauty' campaign that speaks to young women about a natural, unadulterated sense of beauty and then market a separate product campaign showing attractive women jumping upon a man wearing Axe? As a house of brands, Polk described a sense of courage in risk-taking that is necessary to promote each personality in a way that best serves the consumer, be it at odds with other brands. Additionally, in order to succeed with each brand, companies must be willing to think broadly around how to choose the appropriate channels that will leave a lasting global footprint.

Allen Olivo, Vice President, Global Brand Marketing for Yahoo! described the evolution of the business environment as one of increased complexity with customer entry from multiple access points. Given this complexity and the various drivers at the individual level, the need for participation marketing - a concept that allows a high level of consumer-generated content and experience personalization - is becoming necessary for success. The audience was entertained when Olivo illustrated his point by showing a Yahoo! Music exclusive video with contest winning Shakira fans reenacting her famous "Hips Don't Lie" song. Consumers want to be involved in the market and Yahoo! is committed to providing this next level of marketing. Olivo concluded his talk by humorously mimicking the attitudes of evolving Multimedia consumers, describing how those over 35 years old "go" to the internet while those under just do - and how to tap into consumers that are overworked, addicted to leisure, and information junkies.
Page 1 of 2 next >

Article Tools

Be the first to comment on this story

  • NOTE: Email address will not be published

Type your comment below (html not allowed)

  I understand posting spam or other comments that are unrelated to this article will cause my comment to be flagged for deletion and possibly cause my IP address to be permanently banned from this server.

Advertisement

FRONT PAGE

Download Print Edition PDF

Poll

When you travel, do you go...
Submit Vote

View Results


Advertisement