Warc, 16 September 2014
COLOGNE: Brands are not in the publishing business and those
who believe that 'content is king' are missing the point, a leading industry
executive has argued.
"Content is an enabler to what is king," said Tom
Buday, global head of marketing at Nestlé, in an address at the recent Dmexco
conference in Cologne. For him that was selling brands and products that
enhanced the quality of consumers' lives.
He explained that the business had plenty of metrics to help
optimise its various brand content but that was only one step in the path to
achieving the real goal and content was "critically important" in
helping brands to reach it.
Producing effective and engaging content, however, required
marketers to think about consumers as people first and foremost, not as media
audiences, a term which had nothing to do with people's real lives, CMO
reported.
Buday offered snack brand KitKat as an example. "Its
role is to bring a smile to people's breaks," he said. "When that's
your mission, you realise that thinking about people as communications or media
audiences is counter-productive."
Message quality was also vital in other areas, being the
biggest driver of ROI on brand spend. "And it's become more important than
ever," he said, "because poor quality is punished harder and good
rewarded more due to social media."
It's also a significant challenge for a business the size of
Nestlé which produces around 1,500 pieces of content every single day across
hundreds of platforms. But, said Buday, it also means that "every day
we're learning stuff, about engagement, about brand and business impact".
Nestlé then captures that learning in a usable format and
spreads it as fast as possible around its global operations. "That's the
way we win," said Buday, of the practice that forms one of the central
planks of the company's philosophy of "Brand building the Nestlé
way".
Earlier this year, Pete Blackshaw, Nestlé's global
head/digital and social media, explained how that framework had been applied to
leveraging digital and social media to build brands.
"To some extent, the value [and] the ROI you get from
any such [digital] initiative is heavily dependent on the degree to which you
can share the knowledge and collaborate with your employees," he said.
"That's the ROI equation. These initiatives are as good as the
sharing."
Data sourced from CMO, Dmexco; additional content by Warc
staff
No comments:
Post a Comment