Making Marketing Attribution Work Means Choosing the Right Metrics

Posted by & filed under Control, Decision Making, Innovation/Creativity, Management, New product, Planning, Technology.

Description:  When implementing advanced attribution models to better assign marketing credit across touchpoints, marketers grapple with choosing the best metrics among overabundant data points. Source: eMarketer.com Date: Mar 18, 2019 Link: https://www.emarketer.com/content/making-marketing-attribution-work-means-choosing-the-right-metrics?ecid=NL1001 Questions for discussion: What does the report say about metrics managers use and those they should pay more attention to? What would you… Read more »

KFC Aims to Keep Its China Edge With AI Menu, Robot Ice Cream Maker

Posted by & filed under Communication, Compensation & Benefits, Control, Decision Making, Ethics, Global Management, Human Resource Management, Innovation/Creativity, Leadership, Management, New product, Operations Management, Social Responsibility, Strategy, Technology.

Description: In Shanghai’s southeastern district of Xujiahui, Colonel Sanders’s smiling visage looms over the restaurant entrance, as it does at thousands of KFC locations around the globe. But step inside, and it quickly becomes clear that this is no ordinary KFC. Source: Bloomberg.com Date: Mar 20, 2019 Link: https://www.bloomberg.com/news/articles/2019-03-20/yum-china-is-building-the-kfc-of-the-future?srnd=businessweek-v2 Questions for discussion: What is motivating… Read more »

Podcast | Does Less TV Mean Less Brand Engagement?

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Description: In the latest episode of “Behind the Numbers,” eMarketer principal analyst Paul Verna helps us understand whether advertisers are overlooking engagement across devices as dollars move from TV to digital video. Source: eMarketer.com – podcast Date: Mar 19, 2019 Link: https://www.emarketer.com/content/podcast-does-less-tv-mean-less-brand-engagement?ecid=NL1001 Questions for discussion: Summarize the key points Paul Verna argues in this podcast?… Read more »

Facebook’s Crisis Management Algorithm R

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Description:  One year after the Cambridge Analytica scandal, Mark Zuckerberg says the company really cares. Then why is there an endless cycle of fury and apology? Source: Bloomberg.com Date: Mar 16, 2019 Link: https://www.bloomberg.com/features/2019-facebook-neverending-crisis/?srnd=businessweek-v2 Questions for discussion: What are the problems generated by FB and how has management dealt with them? How do you think… Read more »

How vegan mayonnaise convinced Jeff Bezos to make his first investment in South America

Posted by & filed under Decision Making, Entrepreneurship, Global Management, Innovation/Creativity, Leadership, Management, New product, Planning, Social Responsibility, Technology.

Description: NotCo, a Chilean startup that makes plant-based food alternatives to mayo, milk, and ice cream just got millions in funding from Bezos Expeditions, the Amazon founder’s investment group. Source: FastCompany.com Date: Mar 08, 2019 Link: https://www.fastcompany.com/90316486/how-vegan-mayonnaise-convinced-jeff-bezos-to-make-his-first-investment-in-south-america?utm_source=postup&utm_medium=email&utm_campaign=Fast%20Company%20Daily&position=3&partner=newsletter&campaign_date=03082019 Questions for discussion: What does the report say about the development of alternative plant-based foods? Do you think… Read more »

New York’s super mall at Hudson Yards is open at last — and it’s not getting rave reviews

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Description: It’s being called the largest private real-estate development in the history of the United States: Hudson Yards, a collection of shopping centers, restaurants, apartments and office buildings on Manhattan’s west side. Source: MarketWatch.com Date: Mar 16, 2019 Link: https://www.marketwatch.com/story/new-yorks-super-mall-hudson-yards-opens-this-weekend-and-here-are-the-reviews-so-far-2019-03-15?mod=mw_theo_homepage Questions for discussion: Why is this development concept controversial? Who are the likely target customers?… Read more »

Here’s how much you’d have to pay people to deactivate Facebook for a month

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Description: A study released in January found out how much people would need to be paid to deactivate their Facebook accounts for four weeks: “The median valuation was around $100 dollars a month,” Stanford economics professor, Matthew Gentzkow, who co-authored the study told Recode. Source: CNBC.com Date: Mar 01, 2019 Link: https://www.cnbc.com/2019/03/01/stanford-nyu-study-what-youd-have-to-pay-people-to-get-off-facebook.html Questions for discussion: What does the article… Read more »

Fewer than 10% of US Marketers Think Their Company’s Attribution Knowledge Is Excellent

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Description: Companies may know that more advanced attribution practices are needed to prove marketing value in today’s complex media world, but that doesn’t mean they understand, or easily embrace, these practices. Source: eMarketer.com Date: Mar 01, 2019 Link: https://www.emarketer.com/content/fewer-than-10-of-us-marketers-think-their-company-s-attribution-knowledge-is-excellent?ecid=NL1001 Questions for discussion: What is the problem facing managers, according to this research? What are the… Read more »

12 Ways Entrepreneurs Can Sharpen Their Leadership Skills

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Description:   You’ll do fine if you look at leadership as a responsibility and not as an ego trip. Source: Entrepreneur.com Date: Feb 26, 2019 Link: https://www.entrepreneur.com/article/328741 Questions for discussion: What does this report say about leadership skills? Do you disagree with any items? What other suggestions or comments do you feel apply to this… Read more »

Why Is Mobile App Ad Viewability So Hard To Measure?

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Description: Because of in-app ad spend’s recent surge, getting accurate in-app viewability measurements is a big deal for mobile marketers. We forecast that $77.03 billion will be spent on in-app advertising in the US this year, up 25.1% over 2018. Source: eMarketer.com Date: Feb 25, 2019 Link: https://www.emarketer.com/content/why-is-mobile-app-ad-viewability-so-hard-to-measure?ecid=NL1001 Questions for discussion: Summarize the key points… Read more »