I was very excited to start visiting
companies and being away from the stifling classroom. I was praying that the
TargetCast presentation would not comprise of boring facts that I’ve already
read on its website. The website seemed a little dull and wordy but impressive
in terms of achievement and dedication nonetheless.
The way TargetCast uses data
analysis to track behavior and segment the target audience for their clients
was very intriguing. I like that there is some form of science and formula
behind their media planning and buying decisions rather than just
blind-shooting. Although I am not sure if I can see myself performing those
tasks routinely, I would sure like to know more about the way the data analysis
works.
It is no secret that our internet
surfing behavior is tracked one way or another so we could be served
advertisements that cater to our apparent needs or wants. However, I never
realized the same could work for television. I rarely watch television and
consider television broadcasting to be more traditional. I never realized or
thought that it was possible for television advertisements on the same channel
to vary between households until our visit. I was always under the impression
that everyone watching the same channel would be exposed to the same
commercials so I was pleasantly surprised.
I like that people at TargetCast
were dressed in a relatively trendy fashion and were seated closely in open
cubicles. Some people smiled at us while we were touring the company but most
of them did not look too keen on us “invading” their workspace. I thought the
stark white walls and minimal blue accents were too clean-cut and uninviting. The
work place, although neat and spacious, may be stifling to creativity. Despite
the lack of formal work attire requirements, the company seems strict and
professional atmosphere rather than a warm and energetic. I don’t see myself
working for a company like this but I certainly would not hate it if I were offered
a job.
The link in the title is very thought provoking, especially after visiting TargetCast. Procter & Gamble's global brand building officer referred to digital marketing as "dead". He was quoted to say that we should "try and resist thinking about digital in terms of the tools, the platforms, the QR Codes and all of the technology coming next. We [Procter & Gamble] try and see it for what it is, which is a tool for engaging people with fresh, creative campaigns ... the era of digital marketing is over. It's almost dead. It's now just brand building. It's what we do."
While I generally agree with the first part of what he said, I disagree that the era of digital marketing is dead. Brand building is extremely important but digital media helps to spread the word quickly and widely. I am surprised that he would make such a bold statement while still reliant on digital media for its campaigns. Despite the success of the company, I'll take what he said with a pinch of salt. Brand building is important and effective but I don't see myself celebrating the death of digital marketing anytime soon.
Victoria’s Secret news and updates
The article linked highlights VS’ growth
despite many lingerie start-ups desperately trying to steal its market share. I
too wonder why no other brand has been able to surpass VS’ success and if it
will happen. The various reasons for VS’ success and the changes it went
through were enlightening. VS known for everything except the quality of its
products, they are not poor but they are not exceptional either. These startups
operate based on values opposite from VS, they are more creative and
customer-friendly. It sure sounds like there could be a market for that so I am
surprised none has taken off yet. It is sad that the bigger corporations that
can afford to splurge on marketing tactics always seem to be winning the game.
News on the annual Victoria’s Secret
Fashion Show airing in December has already popped up on the internet in
anticipation for the show. It is not surprising that they chose the holiday
season for their show to air in order to increase their appeal and sales in the
gifting season. I have been reading about the show’s "awful casting calls" and the
models’ strict diets in preparation for the show. While those aren’t the most
positive of news, publicity is generated and people are reminded of the shows.
In fact, the revelation of strict casting standards and grueling fitness and
diet regimes makes us expect nothing short of perfection from the show. That’s
a reminder that not everyone can be a VS angel but we can be one step closer if
we wear the lingerie even if we can't look half as good...
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