How Brands Grow - Byron Sharp, Ehrenberg-Bass Institute
Uncensored CMO3 Feb 2022

How Brands Grow - Byron Sharp, Ehrenberg-Bass Institute

Byron Sharp is a Professor of Marketing Science and Director of the Ehrenberg-Bass Institute – the world’s largest centre for research into marketing.

His first book How Brands Grow: what marketers don’t know has been called one of the most influential marketing books of the past decade (Warc, 2015) and was voted marketing book of the year by AdAge readers. In 2015 he published the follow-up How Brands Grow Part 2 with Professor Jenni Romaniuk. He has also written a textbook Marketing: Theory, Evidence, Practice which reflects modern knowledge about marketing and evidence-based thinking. The revised 2nd editionof the textbook was published in 2017.

Byron has co-hosted, with Professor Jerry Wind, two conferences at the Wharton Business School on the laws of advertising, and is on the editorial board of five journals.

What we covered in this episode:

  • Being turned down for a publishing deal for How Brands Grow
  • Why experts are terrible at predicting the future
  • Marketers getting distracted by Purpose with little empirical support for it
  • The ethical reason we should be focussed on the best return on marketing
  • Byron responds to Peter Field’s Purpose research
  • The top marketing myths exposed by How Brands Grow
  • The No.1 surprise in How Brands Grow
  • Why your customers are mostly the same as your competitors
  • The law of Double Jeopardy and why we are over exposed to our own brands heavy buyers
  • The paradox of very small brands having a larger customer base than expected
  • Physical and Mental availability overlap
  • How similar the top brands look vs ten years ago
  • Lucozade sugar tax backlash and how that proved the laws of marketing
  • The surprising importance of light and very light buyers
  • Why a lot of your sales come from people who haven’t bought you for at least a year
  • The importance of not changing your design
  • Whether the laws vary depending on category
  • Why market research is designed to highlight difference rather than similarity
  • The importance of distinctiveness and being remembered
  • What Levitt, Kotler and Akker got wrong about differentiation
  • Why even bankers can’t tell their banks apart
  • The power of pink concrete mixers
  • Asking an 8 year old to tell you what’s different about your brand
  • The real role of advertising for your brand
  • How search works just like point of sale to catch people as they fall
  • How the laws remain the same in B2B
  • Why Apple isn’t your typical brand when it comes to selling product differentiation
  • Why Ehrenberg Bass has just own distinctive asset
  • Why fruit doesn’t need packaging
  • The biggest unanswered question in marketing
  • Plans for Ehrenberg Bass to make training available to marketers
  • What Byron missed out in How Brands Grow
  • The importance of marketing the research and highlighting the implications
  • Describing Mark Ritson as the best business journalist in the world
  • What Byron thinks about the environment and the role of marketing in it

Episoder(221)

A B2B marketing masterclass with PwC's Global CMO, Antonia Wade

A B2B marketing masterclass with PwC's Global CMO, Antonia Wade

Today I'm joined by Antonia Wade, Global CMO at PwC and Author of The B2B Buyer Journey. This episode is a true B2B masterclass. We break down the importance of brand, reputation and relationships vs what people traditionally think is important in B2B. We also break down each stage of the marketing funnel to find out how best to reach them at every point in the buyer journey.LinksAntonia's LinkedInAntonia's BookJon's LinkedInJon's TwitterWatch the Uncensored CMO on YouTubeTimestamps00:00:00 - Intro00:01:10 - Antonia’s background00:06:01 - How does B2B and B2C differ?00:09:25 - How to reach B2B customers00:11:52 - Building B2B relationships00:17:30 - The importance of people in B2B00:20:53 - Why brand and reputation are so important00:24:43 - Why having an online presence matters00:29:39 - Marketing from cost centre to profit centre00:34:14 - Marketing at different stages of the buyer journey00:39:54 - Why people think B2B is boring00:46:30 - Why purpose has a bigger role in B2B00:48:38 - Stage 1: Reaching Horizon Scanners00:51:41 - Stage 2: Reaching Explorers00:55:18 - Stage 3: Reaching Hunters00:57:39 - Stage 4: Capturing the Active Buyer00:59:15 - Stage 5: Marketing post-purchase01:01:18 - How will AI transform B2B marketing

17 Jan 20241h 5min

Les & Sarah’s big review of the year

Les & Sarah’s big review of the year

One of the most popular episodes of all time was my first with Sarah Carter and Les Binet, so I'm bringing them back to do a review of 2023. We talk about what makes Les cry and if AI is going to take over our jobs.LinksJon's LinkedInJon's TwitterWatch the Uncensored CMO on YouTubeTimestamps00:00:00 - Intro00:01:05 - Les’ favourite ads of 202300:04:45 - Sarah’s favourite Christmas ads00:07:15 - Wear out00:12:30 - Why familiarity breeds contentment00:17:42 - Have we rediscovered homour in 2023?00:19:47 - The role of purpose in advertising00:29:17 - Diversity and representation00:34:53 - Kevin the carrot and characters00:41:52 - Fluent devices and consistency00:49:01 - Why do John Lewis run christmas ads every year00:50:40 - How did the first ad to ever air score?00:52:51 - The highest performing advertising categories00:55:04 - Lowest performing advertising categories01:00:12 - Outperforming your category01:03:08 - US Superbowl vs UK Christmas01:04:02 - Les and Sarah’s thoughts on AI01:14:03 - How reliable is ESOV01:15:52 - MMM Models01:19:32 - The best performing Adam and Eve ad01:21:42 - Predictions for 2024

10 Jan 20241h 25min

How confused.com challenged the meerkats on smaller budgets - Sam Day

How confused.com challenged the meerkats on smaller budgets - Sam Day

Now in this episode, we're talking about one of the most competitive markets in the world - insurance comparison. Anyone who's followed this market will know just how intense it is. And how do you build a brand when you don't have a product yourself, but you're selling someone else's product? Well, it's one of those situations where marketing is all important and advertising can make all the difference to your success.I'm catching up with Sam Day, who's been the CMO of confused.com, for the past 6 years, who successfully challenged this market and taken it from 4th to 2nd place on very limited budgets. So I want to find out from Sam the secret behind the success of the campaigns that he's run over the last few years, how he's transformed their business and what his plans are for the future.LinksJon's LinkedInJon's TwitterWatch the Uncensored CMO on YouTubeTimestamps00:00 - Intro03:53 - Sam’s advice to a young marketer06:27 - Sam’s greatest failure08:44 - Management and leadership advice12:27 - The secret to an extended CMO tenure19:41 - Getting c-suite buy in with data22:50 - Consistency24:26 - Marketing when you don’t have a product26:01 - Brand vs price28:43 - Why name the brand after the problem (confused.com)31:24 - Branding against one of the best branded characters of all time34:02 - Why there’s no silver bullet for success37:02 - Spontaneous awareness - how to win an effie39:50 - Selecting an agency42:01 - Great examples of populous advertising44:14 - How agencies should pitch to CMOs49:39 - What’s next for Sam Day

3 Jan 202452min

Reloaded: How to be a successful challenger - Adam Morgan (2020)

Reloaded: How to be a successful challenger - Adam Morgan (2020)

Today I'm revisiting episode 3, with Adam Morgan, founder of eatbigfish and author of Eating The Big Fish, The Pirate Inside and A Beautiful Constraint to find out what it takes to become a successful challenger. Adam shares his tips for creating a challenger brand, transforming your culture and the power of constraints to driving innovation.In this episode:Why being No.2 is betterHow he turned the anger of his project being shelved into a career-defining opportunityBeing turned down by Phil Knight and where the idea of a Challenger brand came fromThe importance of over-commitment and being obsessed with executionHow Tony’s Chocolonely have become a truly challenger brandHow to be a pirate in the navy without getting firedWhat you can learn from a catwalk show and how constraints can turn into your greatest advantageThe curse of data and how it leads us to a decline in creativityThe furtile zero and what to do with no budgetAdam shares his worst career momentWhy the meeting is never really the meeting and why the Japanese fall asleep in meetingsThe one thing Adam has never told anyone beforeFollow me:Twitter | @uncensoredCMOLinkedInContact me:Website | www.uncensoredcmo.comEmail – jon@uncensoredcmo.comAdam Morgan:Twitter | @eatbigfishwww.eatbigfish.comEating The Big FishThe Pirate InsideA Beautiful Constraint

27 Des 202356min

Top 10 marketing and behavioural science insights with Nudge host, Phill Agnew

Top 10 marketing and behavioural science insights with Nudge host, Phill Agnew

Today I'm joined by Phill Agnew, senior product marketer at Buffer and host of Nudge, the only podcast dedicated to consumer psychology, and the other podcast that regularly hits the top spot of the UK marketing charts. In this episode we share 5 behavioural science "nudges" and 5 marketing lessons that we've taken from our respective podcasts and careers.LinksNudge podcastJon's LinkedInJon's TwitterPhill's LinkedInPhill's TwitterTimestamps00:00 - Intro01:19 - How did Phill get into podcasting04:03 - Bonus Nudge - The Halo Effect06:29 - Nudge 5 - The Labour Illusion09:40 - Marketing Lesson 5 - The Power of Getting Fired13:25 - Nudge 4 - The Pratfall Effect19:26 - Marketing Lesson 4 - The Power of Purpose24:49 - Nudge 3 - The Curiosity Gap30:03 - Marketing Lesson 3 - Be Distinctive35:26 - Nudge 2 - Social Proof41:14 - Marketing Lesson 2 - The Power of Creativity45:10 - Nudge 1 - Fresh Start Date48:59 - Marketing Lesson 1 - The Power of Consistency

18 Des 20231h 2min

How Just Eat used celebrities and jingles to help them become market leader - Susan O'Brien

How Just Eat used celebrities and jingles to help them become market leader - Susan O'Brien

Today I'm joined by Susan O'Brien, who is the VP Brand at Just Eat Takeaway. Just Eat are famous for their ads with celebs such as Snoop Dogg and Katy Perry, but are even more well known for their catchy jingle "Did somebody say...?". In this episode we break down Susan's career and how to make such an effective campaign.Timestamps00:00 - Start01:16 - How Susan got into marketing03:43 - Freelancing07:30 - The secret to longevity as a marketer09:44 - The realities of being a CMO14:25 - The CMO’s view on Cannes16:44 - The “Did Somebody Say” campaign20:54 - The impact of audio branding24:11 - Operating in a fiercely competitive market26:01 - Choosing to invest in celebrity talent / Snoop Dogg29:06 - From Snoog Dogg to Katy Perry31:31 - Secret to an effective client agency relationship32:44 - Coming up with new ideas35:47 - Using your gut vs using the data39:35 - Advice to marketers in scale ups

13 Des 202343min

No GUT no glory; from startup to Cannes Lions agency of the year in 5 years - Anselmo Ramos

No GUT no glory; from startup to Cannes Lions agency of the year in 5 years - Anselmo Ramos

Anselmo Ramos is the co-founder and Creative Chairman of GUT, a global independent creative agency with offices worldwide. He, along with his co-founder Gaston Bigio, opened GUT in 2018 with the goal of being the go-to agency for the world’s biggest brands, including Popeyes, Philadelphia Cream Cheese and Tim Hortons, among others, who are looking to do brave work and long-term bold brand building. Prior to co-founding GUT, Anselmo was the co-founder of award-winning global creative agency DAVID, and he was also previously the Chief Creative Officer of Ogilvy Brazil.Timestamps00:00:00 - Start00:01:04 - Why Anselmo is an ad nerd00:03:12 - Favourite Ogilvy quotes00:07:38 - Most proud of from time at Ogilvy00:17:20 - Founding the DAVID agency00:18:43 - Founding the GUT agency00:20:55 - Being an independent agency00:25:35 - Winning business in the early days00:30:30 - What makes a great CMO?00:33:00 - How to find good clients00:37:30 - Agency of the year00:40:59 - Stand out Grand Prix winners00:45:29 - The one line brief00:47:05 - Who else is doing great work?00:48:46 - Scaling while staying true to your values01:02:06 - Expansion

6 Des 20231h 7min

Creativity, Christmas and a Cardiac Crisis - Vicki Maguire, Havas

Creativity, Christmas and a Cardiac Crisis - Vicki Maguire, Havas

Vicki Maguire is the Chief Creative Officer at Havas London, responsible for some of the best ads of all time. Notably Asda's Elf ad in 2022 which is the happiest ad we've ever seen at System1, and the British Heart Foundation campaign with Vinnie Jones that literally saved lives.Timestamps00:00 - Start02:41 - Vicki’s background07:32 - How Vicki got into advertising11:53 - British Heart Foundation and Vinnie Jones20:30 - The Asda Elf Ad with Will Ferrell35:39 - Taika Waititi and Michael Buble campaign46:13 - Cannes Lions judging

29 Nov 202352min

Populært innen Business og økonomi

stopp-verden
lydartikler-fra-aftenposten
dine-penger-pengeradet
e24-podden
rss-penger-polser-og-politikk
rss-borsmorgen-okonominyhetene
finansredaksjonen
livet-pa-veien-med-jan-erik-larssen
pengepodden-2
tid-er-penger-en-podcast-med-peter-warren
pengesnakk
morgenkaffen-med-finansavisen
utbytte
aksjepodden
rss-sunn-okonomi
lederpodden
stormkast-med-valebrokk-stordalen
okonomiamatorene
rss-rettssikkerhet-bak-fasaden-pa-rettsstaten-norge-en-podcast-av-sonia-loinsworth
shifter