Stephanie Fierman’s Picks Of The Week (11.19.07)
November 23rd, 2007
Without Snow Globe Innovations, Christmas Décor Will Be Flat
A New Ad Agency – Eager For Press – Blunders Fundamentally
There is a new agency in New York called Womankind that is promoting itself as a new idea: advertising created by women, for women. It’s not new, of course (paging Mary Lou Quinlan), but it’s getting its 15 minutes. And what does it do, to show that it is serious about “harness[ing] the power of female ad and marketing executives” to make difference? It chooses a man to be interviewed by the Wall Street Journal.
This made me want to slap my own forehead. Hard. There is nothing in the universe that would have kept me from putting a woman up for that interview. If all the female ad executives in the world were wiped out by some advertising plague, I’d have media-trained a homeless woman. Or used a female sock puppet. Or put a dress on a rock.
I would have to think twice about giving business to a shop who, in my opinion, just displayed such colossally poor (and easy to correct) judgment right out of the box! Not kidding.
Clinton Library To Get More Green
Sak’s Wealthy Clients Help It Buck The Trend
“The higher-end luxury price points have not seen a slowdown and we feel quite good about that consumer’s buying power at this point,” Saks Chief Executive Stephen Sadove said on Tuesday.
This is one of several interesting articles spawned by Saks’ prediction of increased sales in the 3Q and a prediction of better sales in 4Q06 vs. 4Q05. The key observation overall appears to be that the haves are getting more and the have-nots are slipping down, while the middle is getting squeezed.
High-end luxury retailers, targeting the truly affluent client (net worth of $1M-$10M) are still performing, as these are the customers immune to credit problems, housing woes and $3/gallon gas prices. But those in the middle who have been reaching up to “low end luxury” brands such as Coach for the last 5 years or so (consumers with annual incomes of $100,000 to $300,000) must now pull back and will shop at Wal-Mart instead – shopping closer to their needs than their wants.
TWO SPINS ON OUR CONVERSATION ABOUT ONLINE REPUTATION MANAGEMENT AND THE UNFETTERED NATURE OF THE WEB
Town Considers Criminalizing Online Harrassment After 13 Year Old Commits Suicide
A terrible, sad story about “Internet shaming” and the death of a 13 year old girl. Where are we going re. regulation on the Web? What responsibility, if any, do we believe that ISPs, social networks and other involved parties must take?
Bob Garfield’s Campaign Against Comcast Continues
“For people with anger issues, the internet is a cathartic godsend and/or lethal weapon.” “… all he needs to have, basically, is fingers and rage.”
Garfield’s ongoing campaign is funny to read, ha ha, and we all feel good about it when we agree with the attacker’s point of view. Then it happens to you personally, or your brand. What do we do?
bill clinton
saks fifth avenue
internet shaming
comcast
megan meier>
“Are we in heaven?”
September 11th, 2007
“Are we in heaven?” asks one of the videos’ guests.
“No, Dorothy, we’re at Neiman Marcus.” Or so the high-end department store chain would have us respond on this, the store’s 100th anniversary.
Neiman Marcus has created a 4-part online video series called “The Mystique” and it’s getting its share of criticism online. For some reason, Neiman decided to run Part 1 on the home page of Youtube.com – and paid for it with some criticism. Comments range from “Neiman Marcus= needless markup” to “This is a seriously pointless video.” Other, more positive comments were logged, as well. Why did Neiman Marcus pay $250,000 to spend one day on the home page of Youtube in the first place? A little undercooked thinking is behind the plan, with the VP of corporate communications quoted as saying “Like with anything, you hear people in meetings say, ‘Did you see the thing on YouTube?’” Except Neiman Marcus isn’t “anything” – it’s not a video of someone killing an iPhone in a blender, or your crazy Aunt Agatha falling off the roof – it’s one of the greatest specialty retailers in the country. Truly a story of American entrepreneurship, Neiman stands for luxury, fantasy and “retail theatre” in the grandest sort of way. It’s not for everyone – what luxury brand is? – but then again that’s why it doesn’t belong on YouTube.
And speaking of luxury, the videos are beautiful. All four are lovingly shot, produced and inspired in their thinking. I do have a beef with the editing, in that each of the four is a bit of a story hodge-podge, jumping between ideas such as design, store display, the history of the chain, the importance of designer relationships, etc. Neiman would have been been better off reserving each of the four for one theme, and then naming each segment accordingly, so that each story had its own thread and viewers could tell what they were about to see (i.e., name the first installment “The Story” instead of Part 1, the second installment “What is Luxury” instead of Part 2, etc.). But they were fun to watch all the same. Lastly, I’m curious as to where NM is, in fact, running the series in order to reach its key constituencies, whom I see as shoppers and would-be well-to-do visitors, designers, vendors and partners (outside of employees, whom I hope can find them easily on the NM intranet). This intrepid blogger could not easily find them off the NM homepage, nor by Googling “Neiman Marcus, “Neiman Marcus video” or “Neiman Marcus 100 anniversary video.” I wandered luxury sites and blogs – no dice.
Let’s hope that Neiman is using its own customer list, at minimum, to make sure its most valuable friends and family see and enjoy this work. And how do you get a viewer to watch 4 separate vignettes? Give them something for doing what you ask. Neiman Marcus has long had one of the most successful frequent shopper rewards programs around, InCircle. If I were running the ship, I’d give each viewer at least 100 InCircle points (reward levels don’t even start until one has 5,000 points!) for giving me their email address and for watching each of the four videos. The viewer is inspired and rewarded, and I get them back into the store, feeling the magic.
Using new Internet capabilities – blogging, podcoasting, online videos –not to be part of the media pile-on (“yay, we’re on Youtube!”) but to draw your supporters even closer, make them even more loyal? Magic, indeed.



