Growth & Commercialization strategy. Champagne Strategy show host. Adland antidote - Consulting CCO/CMO/CRO/CGO

Brisbane, QLD, Australia
CEO- We spend all this money with a top-tier advertising agency and it didn't do anything Me - Watch this
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90% of B2B S&M budgets are literally spent on this
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'Biweekly' has got to be the most confusing word in English. Is it twice per week or once every 2 weeks?
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Still my fav AI meme
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Wine bottles are 750cc only because that was the average lung capacity of French glass blowers in antiquity. I think about this a lot. And then think about how many other things are the way they are for no other reason than legacy process.
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We aren't like other agencies. We tell stories and build brands!
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How the advertising industry works
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😂 accurate
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When you buy digital ads with a reach objective
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How agency pitches really work
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Replying to @ATRightMovies
Irreversible (2002) - influenced Nolan's Memento and a masterpiece of cinematography, but it's intentionally crafted to make the viewer feel uneasy, disgusted and repulsed
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Replying to @ChrisJBakke
Things can get pretty exciting with a bit of lead in your life. I mean look at the late stages of the roman empire. They all had lead poisoning and there was never a dull moment.
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John, did you see that article about Nike's demise by that marketing dude?
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Replying to @buccocapital
The mistake he made was he wasn't a US senator first. If he was, he could have got away with it. Rookie error
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Talking with Heads of Growth/Marketing these days be like...
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How advertising media planning works at agencies
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Wait till we tell her about the drop bears that are peppered into the crowd.
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To replace marketers with AI, clients would have know how to brief accurately We're safe
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This is why Elon didn't buy Twitter
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So you did that mini-mba course...that's great 😂
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Replying to @hammer_mt
Once every two weeks is fortnightly. But I'm getting definitions where biweekly includes both iterations - hence the confusion.
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CFO and I auditing marketing in prep for 2024
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When you ask marketing what the campaign did?
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It's official. Brand campaigns are a scam Just crunched some data. Found there's no significant relationship between brand campaigns and revenue In fact, the correlation is often negative correlation once you account for externalities Why are marketers so enamored with them?
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"Why does your marketing fail? Because you aren't doing marketing. It's as simple as that. You're publishing blogs, posting on social, doing ads on Google and Facebook and LinkedIn. Optimizing for SEO. This is not #marketing. It's tactical coms using digital channels."
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Do people realize GPT has trumped Google? What do we need Google for now?
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What it's like working in a marketing role these days
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When the strategy just says, 'TikTok and AI'
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Everyone is 'data-driven' until the data disagrees with them.
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Exit interview with startup's first marketing hire
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Meta and Google reps are now selling 'brand campaigns' to my clients. We've come full circle folks. Can't make this sh*t up. 'Performance marketing' is now selling 'brand marketing' because they want them fat margins.
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Sounds like a keeper
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Replying to @chrisroww @abcsport
Yeah last time I checked you couldn't trademark flora and fauna.
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Replying to @buccocapital
Brutal but true
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You only need to measure everything, when you don't know what you're doing.
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Why is everyone in advertising agencies left-leaning? It's got to be one of the biggest contradictions out there. Is it about trying to atone for their sins or buyers remorse?
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Why is it rare to see older people still working in advertising and marketing? Because it's exhausting.
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Steve Jobs' advice for high performance team creation which not only runs counter to orthodox recruitment thinking, but has aged extremely well. Especially his comment about bozo managers who can talk the talk but can't do anything. Because they don't know how. Think of all the people you work with in senior positions who are like this. People who avoid real work because they're a 'manager'.
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Replying to @tomroach
I do it fortnightly
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An engineer walks into a bar. He hates marketing and advertising. But buys a business that hinges on network effects born from a deep understanding of complex social human behavior. He rebrands out of spite. Fires the people who understand how it works. Thinks people will pay.
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Every advertising agency be like, "We grow brands" They don't. They just resell ad media from networks and package it up in a bow of plausible competence. Sometimes their clients' brands grow, but most of the time they don't That's the #advertising industry
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Replying to @PatrickEBoyle
Listened to a few minutes of their latest All In Podcast. I don't even work in finance and could tell it was just a rant by people with an agenda. I just wasn't sure if that agenda was ego, preserving their own investments, populism or all three.
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Replying to @ATRightMovies
Old Boy (2003) 올드보이 - does the theme of revenge far better than Kill Bill. But it's a darker, more serious version of squid games on steroids
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"People just won't pay for digital content these days" NY Times - "Hold my beer"
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Replying to @Dmurr68
Might as well add every other noun in the english dictionary as a prefix to the word 'marketing' while you are at it
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Snowflake spends over 50% of their revenue on sales and marketing. Meanwhile... most tech founders are like - "here's some leftovers from our budget. Go and work your magic you big ol growth hacking ninja! Oh and you'd better get some insane ROI or you're fired. Toodles"
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Marcus Aurelius employed a servant full-time to whisper in his ear, "You’re just a man… just a man,” to keep him humble upon receiving a compliment Marketers should do the same but have the servant say instead, "So what...why would anyone care?" Would solve so many problems
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I find strategists are as only as good as the degree of their exposure to the execution of that strategy from start to finish. The plan and palm-off types have zero business value.
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Replying to @buccocapital
Like this?
2024 fundraising be like
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2024 fundraising be like
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The 'brand' vs 'performance' battle aftermath
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The adland starter pack What did I miss?
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A lot of marketers don't want to hear this but...
“Creativity is subjective, but it’s only subjective until it reaches the marketplace - then it’s measurable.” Marty Neumeier #amreading Thanks for the recommendation @adoseofjohn
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How multi-million dollar advertising campaigns are really bought
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How many Cannes Lions did this win?
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Replying to @cosmicjester
Same people go on holiday to Europe full of 3-4 story apartment blocks and mention how lovely everything is.
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Replying to @gaurav_ships
No such thing. They are either in-market or not. You can't warm someone up to become in-market. Biggest lie within the digital marketing world RE 'lead nurturing'
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It's an effective bicycle population control measure.
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From @LouisSlices Don't hire a designer - Use Canva Don't hire a social agency - Use Buffer Don't eat meat - Eat worms from your garden Don't drink tap - Stand outside, mouth open until it rains Why do things properly when you can make your life super difficult for $0?
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Startups raising funding in 2023 be like...
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CMO's turning to the dark side
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Jargon monoxide poisoning Have nearly died from this multiple times on meetings.
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Friends don't let friends put 'data-driven' in their bio
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The first slide of my presentation on marketing measurement
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"These people just want ads...and they go with the flow"
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Replying to @gaetano_nyc
I wish I could say this iis isolated. But just wait until they hire their friends agency to replace you via a thorough, independent vendor selection process 😉
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Attribution & marketing measurement be like...
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Replying to @buccocapital
I'd expect that from a head of product, sales or marketing. But not from a CEO. Also poor optics. It communicates a position of weakness I.e. having to publicly justify the platform's value. If your platform is valuable, people already know. You don't need to tell them
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In CPG/FMCG - the biggest driver of growth is not Advertising. By a fair margin. “If you want to obtain a HIGH penetration for your brand, and achieve this FAST, aggressively increase your brand's DISTRIBUTION, with vigorous SALES PROMOTION as follow-up.” Says Steenkamp, J. Excerpt from part 2 of my OpEd on 'Brand Campaigns' which publishes later today.
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The Canva-effect. The more people use templated designs, the easier it is to produce, but the less distinctive the design becomes. So you are trading potential distinctiveness (effectiveness), for speed/money (efficiency). #design
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Replying to @StateOfLinkedIn
In his defense. Partners generally aren't well versed in anything in particular.
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Replying to @EnronChairman
Aftermath of the @elonmusk fight I presume
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Tech bro discovering the merits of how normal people live #awkward
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😂 so true
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Many businesses die with beautiful websites
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When someone commissions me to do #marketresearch, I always start by asking the client, 'And what should the findings discover? Always pays to get the answer right before you start the research.
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Replying to @TrungTPhan
wow - just shows you how boring CEO's have become these days
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99.9% of people who talk about 'brand' 'brand campaigns' & 'brand marketing' aren't aware of the origin - here's proof Listen to the full 7 min snippet via Recast's YT channel
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I love how Coca Cola hasn't changed their logo since the beginning. This is the trademark submitted in 1887 Brands seem to enjoy flip-flopping logos every couple of years to help solve some...perceived problem There's a key lesson here for all #marketing folk
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Omg your brand colors are so consistent and I love the way you use the same font in all Marcoms. Said no customer ever.
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Meanwhile lamb sales domestically in AU has been constantly negative. Yet the ad campaign wins best 'long-term' ad award each year. Popular, award winning ad. Just not commercially effective
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Brand marketers when probed on commercial impact
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The mistake I see small brands routinely make with strategy, is they observe what bigger brands are doing and they make the assumption that, those things are what made them big. #growth
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Why the best marketers don't work in 'marketing'
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A surefire way to be disapointed with marketing. Spend under the minimum threshold needed to have any impact. #marketing
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Marketer "Let's spend $1m on a brand campaign to build awareness, consideration, preference...mental availability..." Me "What is a brand campaign? Explain it to me" Marketer "ummm so like it's not about the product. and you get broad reach...and purpose, beliefs, values...like you don't have a salesy CTA and you don't measure the affect on sales...and ummm...lots of media spend...and an agency has to do it" Me: "Riiigggght...."
What is a Brand Campaign - a clip from my chat with @adoseofjohn of the Champagne Strategy podcast. Full episode: podcasts.apple.com/us/podcas… #podcast #marketing #champagne #brand #growth #building #business #myths
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Early-stage companies & small brands waste more resources doing this, than anything else Just like how we seek to emulate older role models when young. Your marketers will try to do the same thing But they fail to realize, what made them big is very different from the things they do now - to stay big Forget the fluffy values and purpose campaigns when you're small. Just focus on acquiring customers at all costs. Acquisition grows your brand more effectively than any brand campaign will anyway. But marketing folk and vendors will recommend you do the exact opposite. (Slide from an upcoming marketing politics & measurement presentation) #growth #strategy preach
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Was questioned about some recent debates with adland folk on LinkedIn
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Rebrands & brand refreshes - always a 🚩for commercial performance At least someone said it 😂 @ElenaVerna
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Why are so many marketers fuffy, avoid sales and full of BS? Honest answer? Because secretly underneath that's what you want. If we said your product and brand is bleh, you operate in a competitively saturated market, growth prospects are minimal, you need more budget because it costs far more and is way more complex and takes longer than you think it is... You'll just find someone else. So we're there to entertain lies and uncomfortable truths you aren't ready to admit to. That's 99% of marketing folks. We're selling the business equivalent of diet pills to couch potatoes who want to look ripped.
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This LinkedIn ban means war. So part 5.2 of the Think Different brand campaign saga is out Champagne Strategy pod ep live (see bio). Written article to follow Thank you @FinanceDirCFO @hammer_mt @ross_sergeant @obercr8ive @TomLewis_CPI @EdgarBaum @AtomicAdMan for your input
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"I built a successful business without spending a cent on advertising (paid media) - here's how you can do it too...." That's nice buddy. Here's a cub scout badge. But also, how much success did you forego by not spending a cent on advertising? Never considered that did you?
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Marketing is not advertising
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Book deal signed. Excited!
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So it appears I got banned on LinkedIn for speaking the truth about how the advertising and media industry works underneath. Who knew the Brand Campaign article series I've been publishing would be so🔥eh?
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Replying to @keerti_007
While academics argue over who's more technically 'right', troubling themselves with semantics, the rest of us are just trying to get the basics right. Budgets that are realistic, ads approved that don't suck, measurement systems executives have confidence in.
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I wonder how many brands are trying to solve a distribution, pricing, product or operations problem with a #marketing comms campaign or shiny digital toy?
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Nearly everyone agency-side is like this
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Marketers "marketing is not just communications campaigns and advertising, it's the other P's too" As they proceed to almost exclusively talk about marketing communications for the bulk of their career #marketing
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