Las Vegas and CES: The New Cannes

This week marked the annual b2b marketing frenzy known as the Consumer Electronics Show (URL) in Las Vegas. 155,000 visitors, a record, trundled across an Exhibition Area the size of 37 football fields. Las Vegas has become the new Cannes and the stakes are indeed high. Surrounded by roulette wheels and craps tables, Madison Avenue has chosen to double down on the Silicon Valley model.

booth babes CES
This week marked the annual b2b marketing frenzy known as the Consumer Electronics Show (URL) in Las Vegas. 155,000 visitors, a record, trundled across an Exhibition Area the size of 37 football fields. This year saw a new group of visitors, spirited away in hospitality suites far above the 3100 exhibitors and their booth babes- the Ad Guys. They took home far more than a bad hangover and free pens. They schmoozed their largest clients and closed fat advertising deals.

Within the conference, brands and digital advertising have moved to the mainstream. The catalyst was Coca Cola which last year held its global marketing pow-wow at CES, the first time ever outside of Atlanta. That certainly got the attention of the agencies. This year, CEO’s of the four largest advertising conglomerates attended, motivated by the large contingents from brands like Unilever, P&G and Citibank. The Brand Keynote Panel featured Facebook, Unilever, GE, Hyundai and AT&T. Publicis Groupe, whose CEO Maurice Levy made a Keynote presentation, hosted more than 100 clients for floor tours, speed dating and an unofficial start of the 2014 selling season.

MEC, one of the Group M media agencies at WPP, brought more than just their entire Executive Committee to CES. They brought a six point manifesto for clients like AT&T, Marriott, GE, SAB Miller, Campbells Soup and others: Embrace open surce and behave like programmers

Carl Fremont, Chief Digital Officer at MEC and a keynote at the upcoming Marketing & Ad:Tech Israel (www.adtechsummit.com) conference, explains.

“Looking around CES, it is clear the new marketing paradigm operates in transparency, reactive in real-time, controlled by people, not companies”.

 

  • Unlock Your Brand Code

 

Leverage what makes your brand unique and give full access to a brand enabling them to co-create on the brand’s behalf. Make it easy for consumers to get involved with a brand and affect its direction, maybe even its values.

 

  • Be Transparent and Authentic

 

Make sure your brand is not holding back. Most importantly, let the consumer know you are inviting them in on co-creation of the brand’s message. Consumers will repay you by sharing their brand “pictures” with their communities

 

  • Leverage Open Source Platforms

Take advantage of the myriad of Open Source platforms and self service systems to stimulate creativity and drive innovation

 

  • Create Communities that Share

Earned media value, where users share and distribute branded messages, experiences and promotions are made more powerful with personalization.

  • Listen Intently

Open Source Marketers adopts an always on/listening mode to gather, interpret and adjust their marketing proactively to this intelligence

  • Be Brave

Being open means enabling brands to be built, promoted, evangelized and distributed by the very same people who buy your brands.

marissa mayer
Marissa Mayer at CES 2014: “We’re excited about the opportunities ahead,” Mayer said. Then in introducing musician John Legend, the last in a string of celebrities to join her on stage, she added, “We take the entertainment part of our mission pretty seriously.”

Las Vegas has become the new Cannes and the stakes are indeed high. Surrounded by roulette wheels and craps tables, Madison Avenue has chosen to double down on the Silicon Valley model. You can hear more from some of the people driving this transition, such as Carl Fremont, David Roman (CMO of Lenovo), Greg Stuart (CEO, Mobile Marketing Association), at the upcoming Marketing & Ad:Tech Israel conference (www.adtechsummit.com), February 11th in Tel Aviv.

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Managing Partner at JIMMI Fund
Levi Shapiro is the Managing Partner at the JIMMI Fund, a corporate venture investment fund, and concurrently Partner at TMT Strategic Advisors. He is also the organizer of Marketing & Ad:Tech Israel (www.adtechsummit.com), Israel's largest conference for digital advertising.

During a 20 year career inmedia and technology, including 7 years in Asia, Levi launched new business units(IBM), new products (Toyota) and new startups (TwoMinute Television, Snack Mobile, etc).

He teaches Entrepreneurship and Mobile Marketing as an Adjunct Professor at IDC Herzliya, serves as Mentor in Residence for The Hive accelerator and writes a bi-weekly column about digital media and technology in the Jerusalem Post called "Unleavened Media ".

Mr. Shapiro is a graduate of Tulane (BA), Cornell (Asian Studies) and MIT (MBA)
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