So here is today’s puzzle (found here):
How can you get 24 from 3,3,8,8 using only the main signs of add, subtract, multiply and divide?
solution: using fractions… .
The morning Sun is up, and it’s so bright that it makes everything look black and white. The water is so cold that when I put my head in my throat tightens. It’s 8 am on a Sunday and I’m swimming laps in the pool that’s caved in the rock at Sydney’s Bronte Beach.
Soon the junior swim squads arrive, parents are settling in on the benches above. There is quite a crowd now.
I surface again between two strokes and wondering why aren’t there any advertisements of the harmful effects of the Sun anywhere in sight…
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Having accumulated a bit of a backlog on my The Economist podcasts, I listened to about four or five of them in a row, on the way to work this morning. In between the podcasts, deep in thoughts about the previous discussion, a brief advertising message, a tag line kept recurring. Something about Conrad Hotels & Resorts...
In my current job I rarely travel for business, especially not outside the country of my current residence (Australia), which is probably the reason why when I woke up this morning, I didn't have a brand recall of Conrad Hotels & Resorts.
But why would I even think of business travel…? But that is exactly what I did. In between podcasts, I caught myself imagining what Conrad Hotels & Resorts look like. I imagined neat and stylish receptions, quick and polite service, businessmen in suits, looking the part.
Why? The answer is very simple: brand association. The marketer chose the environment, and my mind did the rest: it associated Conrad Hotels & Resort with all, that The Economist stand for
Advertising via brand association: it works.
I saw a clever advertorial (or if not, fabulous free advertising) on Kmart slashing book prices in time for the Christmas shopping (ACA, Channel 9, 28/10/09) last week. Apparently books make a great gift. But why would any retailer slash prices so much where it's hardly profitable anymore?
Well, Seth Godin helped me understand. Because 'some people are better than others'. That is better customers. Kmart is discounting books to draw in a desired crowd: book-buyers, who are cashed up and tend to buy other products as well. So they know who their lucrative audience is. But how? Via research.
This is exactly why audience research in media is so important, and why marketers want to know who they are, what they consume, when and how often.
In fact, one of the first things that you learn when you start working in media sales is the value of research. Because you are not really selling the column cm's, page impressions or 30 seconds of airtime, but you are selling the audience, preferably the most suitable, and most lucrative one for your client. And to know where to find this audience, we need research.
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