Personally, if I were the other carriers, I’d band together, pool resources and money and then take on AT&T and the iPhone as a unified team.
Personally, if I were the other carriers, I’d band together, pool resources and money and then take on AT&T and the iPhone as a unified team.
I saw this ad earlier today and it really stuck with me. I travel out of state frequently, my family lives in another state and my kids are in another state as well. It’s technology that keeps us all connected. This anthem from Cisco really nails the idea of creating an emotional connection.
Last night I saw, Wall Street – Money Never Sleeps. I’ve been looking forward to this for some time. I was a big fan of the original Wall Street movie and was chomping at the bit to see Michael Douglas reprise his role as Gordon Gekko. I won’t ruin the movie for you and give away secrets, but I will tell you that there is a profound scene in which Gordon Gekko explains that time, not money is the most valuable currency.
Of late, I’ve been thinking the same thing. If you really think about it, time is the one thing that every day we get less of. It’s a rapidly depreciating asset that we aren’t even control of. It’s tragic really that we don’t value something like time more than cars, jewelry, HD TVs and of course money. All of those and more can easily be added to, replaced and in some cases they can appreciate in value. Nope, not time. If you store it, unlike money, you lose it. If you waste it, you can’t earn it back. Time is ultimately invaluable.
The president of our agency, Michele Fabrizi, often challenges me and our Sr. leadership staff with an important question. If you only had 2 hours in a day, how would you spend that time to drive the agency forward. I won’t give way what I’d do here, but I can tell you that this concept works beyond the borders of our jobs. If all you had was 2 hours, how would you spend it? Would you really spend it shopping? Or watching TV? Or getting a manicure? Would you? I sure hope not, because all of those past times are wasted time.
Give some thought to the people that matter most in your life and the activities that make you happy. Those are the things worth those valuable 2 hours. Money, ultimately is insignificant unless you have none or you’re filthy rich. If you’re in between those two extremes, money is worth less than time. Why? Well, if you have no money and all of a sudden have several thousand, you won’t waste it on expensive meals, because you know what it’s like not to have any money. In effect, you’d treat every dollar very preciously. At the other end of the spectrum are people like Bill Gates. They have the luxury of being in complete control of how those 2 hours are spent, because everything is an option. For you and I, using those two hours to fly to another state would be impossible. For Bill, it’s possible with a simple phone call.
For all the rest of us in the middle, we spend most of our time chasing money instead of chasing moments. And I can tell you, from experience, all the money in the world doesn’t help you get back a missed moment.
A highly recommend the movie and recommend you think about the value of time:
Unique Visitors. Time Spent On Site. Repeat Visitors. Bounce Rates. These metrics and so many more and quickly becoming less a means of determining how well your site is performing. Unique Visitors was supposed to tell us about the reach we were generating, while things like Time Spent on Site and Repeat Visitors was all about “engagement.” And of course, the Bounce Rate told us how appealing our site was; if you will it spoke of “interest” to the visitor.
So the formula and approach for measuring success was simple. We run a bunch of TV, print and outdoor that has a URL in it. Of course that URL is written in minuscule font and only up for 1/2 a second during the spot, but I digress. All these people see this URL and of course say, hey, I’ve been itching to visit a site about erectile dysfunction, so they type it in and come to the site. After all this is a sequential process, right? I mean we’ve only seen the path to purchase funnel a billion times over our careers. And then after you visit the site, you’re of course going to spend gobs and gobs of time getting all the information you need. Then, even though you have all this information you’ll of course want to come back multiple times to read all this information again and again.
Perhaps, my favorite misconception is that more time spent on site is better than less. I’ve seen situation after situation where the reason time spent on site is so high is because the site is to difficult to navigate that you can’t find what you’re looking for. I think you’re starting to see the lunacy of this model.
Today, though, the means for how we evaluate the performance of a site are even less relevant because simply put, people just don’t want to spend on your website. They’d rather hang out on youTube, Facebook, etc. This is why brands are rushing to build real estate on those sites. So great, you’ve built a Facebook Business/Fan page. You have 100s of thousands of followers who spending time “engaging” with your brand on Facebook. Well, doesn’t it reason that if they’re spending time with you there, it’s coming at the expense of spending time on your website? So, why is it so difficult to wrap our heads around the idea that previously key metrics, like Unique Visitors, should be decreasing?
Despite the obvious reasons why these data points are less important, we still rely on them to tell a story. Why? Simple, because those are the numbers being used internally by brand managers (and the like) to indicate their success to their superiors. The same KPI report being used today, is the one that was used last year, the year before that and 5 years ago. Internally, people have been conditioned to evaluate performance a certain way and it’s too difficult, daunting, challenging, time consuming, etc. to get them to change.
However, change, they must. And it’s our duty to help them change. If you don’t take it upon yourself to help guide the conversation and evolve how performance is being measured, you just might find yourself getting fired for not meeting a goal that’s impossible to meet.
“It’s only my job, it’s not my whole life.” Those are the words uttered more like a question than a statement, by Rachel McAdams in the trailer for the movie, Morning Glory. I’m not a Harrison Ford guy or a Diane Keaton fan. I’ve enjoyed Rachel McAdams’ work, but not enough to make me line up to see a movie she’s going to star in. But, I caught this trailer Friday night and was lured in by that line and the subsequent one delivered by Harrison Ford…
“I was never at home, when I was I took every phone call, watching TV out of the corner of my eye, let me tell you how it all turns out, you end up with nothing.”
I love my job. I love my career. I love what I get to do on a daily basis. But, over the last few years I’ve learned that you can’t let your job take over your life. When that happens, you have no life.
Whenever I’m feeling stuck in a rut, a little complacent and wanting to play it safe I think back to this great scene from the movie Risky Business…
This hits so close to home. Too many “rockstars” out there and not enough real business drivers or problem solvers.
You have to love Al Pacino. Only he could deliver this speech for Oliver Stone in the movie Any Given Sunday. I love the sentiment, especially the concept that one second too soon or too late and you might miss it…whatever it is. Think about that.
We saw ads from Audi, Dodge, Hyundai, Honda and others. Usually the Super Bowl is a proving ground for card ads. Manufacturers bring their best of the best to the table so they can outshine the competition. This year’s Super Bowl was just strange. Hyundai was ok…nothing Earth shattering. Honda and Audi were abysmal. Doge was suprisingly strong. But, to me the best ad from a car manufacturer was from Kia. If you have kids, you have to love this spot. Now, let’s see if it moved the needle.