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	<title>Monika's Musings &#187; Marketing</title>
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	<link>http://monikasmusings.com</link>
	<description>miscellaneous tidbits on marketing, advertising, and life in general</description>
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		<title>Словоред му е майката</title>
		<link>http://monikasmusings.com/2010/07/25/%d1%81%d0%b8%d0%bd%d1%82%d0%b0%d0%ba%d1%81%d0%b8%d1%81-%d0%bc%d1%83-%d0%b5-%d0%bc%d0%b0%d0%b9%d0%ba%d0%b0%d1%82%d0%b0/</link>
		<comments>http://monikasmusings.com/2010/07/25/%d1%81%d0%b8%d0%bd%d1%82%d0%b0%d0%ba%d1%81%d0%b8%d1%81-%d0%bc%d1%83-%d0%b5-%d0%bc%d0%b0%d0%b9%d0%ba%d0%b0%d1%82%d0%b0/#comments</comments>
		<pubDate>Sun, 25 Jul 2010 17:05:49 +0000</pubDate>
		<dc:creator>monika</dc:creator>
				<category><![CDATA[How wrong can you be]]></category>
		<category><![CDATA[Marketing]]></category>

		<guid isPermaLink="false">http://monikasmusings.com/?p=516</guid>
		<description><![CDATA[От няколко дни из БГ ефира се върти една родна реклама на бисквитки. На пакшота се изписва (а и дикторският глас го изговаря, в случай, че някой пропусне): Мечето, което обича да яде детето&#8221;. Съвсем сериозно. Не чух името на продукта, но Веско (който по принцип има алергия от мечки и когото отдавна юркам да [...]]]></description>
			<content:encoded><![CDATA[<p>От няколко дни из БГ ефира се върти една родна реклама на бисквитки. На пакшота се изписва (а и дикторският глас го изговаря, в случай, че някой пропусне): <em>Мечето, което обича да яде детето&#8221;</em>.</p>
<p>Съвсем сериозно.</p>
<p>Не чух името на продукта, но Веско (който по принцип има алергия от мечки и когото отдавна юркам да си направи Beware of the Bear blog) предположи &#8220;Бисквити Детски страх&#8221; с brand extension &#8221;Вафлички Кошмар&#8221;. Всичко това на фабрика &#8220;Разгром&#8221;.</p>
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		<title>Петъчно</title>
		<link>http://monikasmusings.com/2010/07/23/%d0%bf%d0%b5%d1%82%d1%8a%d1%87%d0%bd%d0%be/</link>
		<comments>http://monikasmusings.com/2010/07/23/%d0%bf%d0%b5%d1%82%d1%8a%d1%87%d0%bd%d0%be/#comments</comments>
		<pubDate>Fri, 23 Jul 2010 07:00:07 +0000</pubDate>
		<dc:creator>monika</dc:creator>
				<category><![CDATA[Marketing]]></category>

		<guid isPermaLink="false">http://monikasmusings.com/?p=473</guid>
		<description><![CDATA[Смея се с глас и ви поздравявам с това каре, което ми напълни душата (обърнете специално внимание на warning-a): Отдавна чакам да видя нещо толкова свежо. Не знам коя е агенцията, но ще се постарая да разбера и да дам credit where credit is due! Честит петък]]></description>
			<content:encoded><![CDATA[<p>Смея се с глас и ви поздравявам с това каре, което ми напълни душата (обърнете специално внимание на warning-a):</p>
<p><a href="http://monikasmusings.com/wp-content/uploads/2010/07/DSC05542.jpg" target="_blank"><img class="alignleft size-medium wp-image-478" title="DSC05542" src="http://monikasmusings.com/wp-content/uploads/2010/07/DSC05542-233x300.jpg" alt="" width="233" height="300" /></a></p>
<p>Отдавна чакам да видя нещо толкова свежо. Не знам коя е агенцията, но ще се постарая да разбера и да дам credit where credit is due!</p>
<p>Честит петък <img src='http://monikasmusings.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
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		<title>Banks make pretty one day</title>
		<link>http://monikasmusings.com/2010/07/22/banks-make-pretty-one-day/</link>
		<comments>http://monikasmusings.com/2010/07/22/banks-make-pretty-one-day/#comments</comments>
		<pubDate>Thu, 22 Jul 2010 19:44:15 +0000</pubDate>
		<dc:creator>monika</dc:creator>
				<category><![CDATA[Marketing]]></category>

		<guid isPermaLink="false">http://monikasmusings.com/?p=465</guid>
		<description><![CDATA[You know banks? Those necessary evil institutions you wish no-one ever came up with? Despite the fact that we all dislike them (quite genuinely), the truth is &#8211; we cannot do without them. Not in today&#8217;s world, at least. And they are racing one another to get clients&#8217; trust, sympathy and loyalty. To get clients [...]]]></description>
			<content:encoded><![CDATA[<p>You know banks? Those necessary evil institutions you wish no-one ever came up with? Despite the fact that we all dislike them (quite genuinely), the truth is &#8211; we cannot do without them. Not in today&#8217;s world, at least. And they are racing one another to get clients&#8217; trust, sympathy and loyalty. To get clients to like them. Just a little bit.</p>
<p>And every once in a while they succeed. With me it&#8217;s always been the little things, the little gestures. And yesterday a bank-sponsored initiative made me smile.</p>
<p>I don&#8217;t know if you&#8217;ve ever heard of the<a href="http://en.wikipedia.org/wiki/Grand_Place" target="_blank"> Brussels floral carpet</a> (I hadn&#8217;t until yesterday), but apparently it has been happening every year since 1971: the Grand Place (the central square in Brussels) gets covered with a huge &#8220;carpet&#8221; made out of flowers. This year, <a href="http://www.cibank.bg/en/home" target="_blank">EiBank</a> (Си Банк), as a representative of the Belgian business in Bulgaria, sponsored the creation of a small floral carpet in one of the Sofia central parks. Here&#8217;s a shot of it that I took on my way home last night. It really brought a smile to my face.</p>
<p><a href="http://monikasmusings.com/wp-content/uploads/2010/07/IMG_0127.jpg" target="_blank"><img class="alignleft size-medium wp-image-464" title="IMG_0127" src="http://monikasmusings.com/wp-content/uploads/2010/07/IMG_0127-300x225.jpg" alt="" width="300" height="225" /></a></p>
<p>Kudos, EiBank! And thanks for making my walk home a little more pleasurable.</p>
<p>P.S. The title of this post is a lamentable spoof of <em><a href="http://www.amazon.com/Me-Talk-Pretty-One-Day/dp/0316776963" target="_blank">Me Talk Pretty One Day</a></em>. Yeah &#8230; I know (but it is damn near 40 degrees C outside &#8230;)</p>
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		<title>Find the 7 differences</title>
		<link>http://monikasmusings.com/2010/03/27/find-the-7-differences/</link>
		<comments>http://monikasmusings.com/2010/03/27/find-the-7-differences/#comments</comments>
		<pubDate>Sat, 27 Mar 2010 13:13:50 +0000</pubDate>
		<dc:creator>monika</dc:creator>
				<category><![CDATA[Budapest]]></category>
		<category><![CDATA[Marketing]]></category>

		<guid isPermaLink="false">http://monikasmusings.com/?p=439</guid>
		<description><![CDATA[I don&#8217;t know how many of you know (or care), but DSK Bank in Bulgaria is owned by OTP Bank, Hungary. This almost feels like an inside joke, but it is for real: here are two separately executed campaigns for deposits: DSK: OTP: I know this is not the ultimate creative coincidence that makes you [...]]]></description>
			<content:encoded><![CDATA[<p>I don&#8217;t know how many of you know (or care), but DSK Bank in Bulgaria is owned by OTP Bank, Hungary. This almost feels like an inside joke, but it is for real: here are two separately executed campaigns for deposits:</p>
<p>DSK:<br />
<a href="http://monikasmusings.com/wp-content/uploads/2010/03/DSK-Stimul-plus-prasenca_2-6_240409.jpg" target="_blank"><img class="alignleft size-medium wp-image-437" title="DSK Stimul plus prasenca_2-6_240409" src="http://monikasmusings.com/wp-content/uploads/2010/03/DSK-Stimul-plus-prasenca_2-6_240409-300x225.jpg" alt="" width="300" height="225" /></a></p>
<p>OTP:<br />
<a href="http://monikasmusings.com/wp-content/uploads/2010/03/photo-3.jpg" target="_blank"><img class="alignleft size-medium wp-image-438" title="otp prasenca" src="http://monikasmusings.com/wp-content/uploads/2010/03/photo-3-300x294.jpg" alt="" width="300" height="294" /></a></p>
<p>I know this is not the ultimate creative coincidence that makes you slap your forehead, but still I found it quite funny.</p>
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		<title>(Why) Are we less creative?</title>
		<link>http://monikasmusings.com/2009/06/29/why-are-we-less-creative/</link>
		<comments>http://monikasmusings.com/2009/06/29/why-are-we-less-creative/#comments</comments>
		<pubDate>Mon, 29 Jun 2009 20:55:21 +0000</pubDate>
		<dc:creator>monika</dc:creator>
				<category><![CDATA[Marketing]]></category>

		<guid isPermaLink="false">http://monikasmusings.com/?p=337</guid>
		<description><![CDATA[Today, the colleagues from Saatchi &#38; Saatchi Bulgaria put a huge smile on my face with something very creative and super-well targeted. For those of you who do not read Bulgarian, this is a mock news site which features one article about Saatchi &#38; Saatchi Bulgaria winning 4 awards at the Cannes Lions Ad Festival. Loosely translated, [...]]]></description>
			<content:encoded><![CDATA[<p>Today, the colleagues from <a href="http://www.ideo-saatchi.com/" target="_blank">Saatchi</a> &amp; <a href="http://blog.saatchi.bg/" target="_blank">Saatchi</a> Bulgaria put a huge smile on my face with <a href="http://www.hotnews-bg.com/" target="_blank">something very creative and super-well targeted</a>. For those of you who do not read Bulgarian, this is a mock news site which features one article about Saatchi &amp; Saatchi Bulgaria winning 4 awards at the Cannes Lions Ad Festival. Loosely translated, the second paragraph of the story goes on to say that Kevin Roberts, Saatchi &amp; Saatchi&#8217;s Global Executive Director said that 2010 was as a whole a great year for the agency. He also acknowledged that a great contribution to the success of the Bulgarian branch was the enthusiastic Client Service Director who in only one year managed to greatly motivate the team.  The last paragraph invites you to e-mail your CV if you see yourself as the Client Service Director whom Kevin Roberts is thanking.</p>
<p>There is obviously no need to comment on the creative approach of the agency. A testament to the fact that the piece was very well targeted is the fact that most of the comments were along the lines of &#8220;You go guys, Bulgaria is proud of you&#8221; &#8211; people who are not in the profession and only read the first paragraph. There were very few comments which said &#8220;Whoa, what an awesome idea&#8221;, and my guess is, they were left by people who work in advertising and therefore cared to read the whole &#8220;article&#8221;.</p>
<p>Very simple, yet brilliant. Unfortunately I have to admit that this is an exception to the general picture of Bulgarian advertising. Most of the ads on our market are either incredibly poor locally done campaigns or badly adapted irrelevant foreign campaigns which just fail and lead to ridicule.</p>
<p>I&#8217;ve often wondered &#8230; Why are we less creative?</p>
<p>In March, I was in London and I couldn&#8217;t stop admiring the creative genius that governs their ad market. You can notice this about almost any other country out there if you flip through the archives of any given Ad Festival.</p>
<p>I have two theories to answer my question: one is that life in Bulgaria is simply not &#8230; interesting. I remember every single day of the 6 years I spent in Paris as I was leaving my place in the mornings, I wondered what surprise was out there for me today. And I was never disappointed. Same goes for London. My friend Maria who lives there now told me that one day, as she was coming back from work, suddenly all the lights on a street were dimmed and <a href="http://news.bbc.co.uk/2/hi/entertainment/7915370.stm" target="_blank">U2 appeared on a rooftop</a>, performed 4 songs, and then disappeared and life went back to normal. Cool stuff like that simply does not happen in Bulgaria. At least not on a daily basis. Perhaps if it did, we would have more inspiration from the things that surround us, and we would be more bold and creative.</p>
<p>Another possible explanation lies in <a href="http://en.wikipedia.org/wiki/File:Maslow's_hierarchy_of_needs.svg" target="_blank">Maslow&#8217;s hierarchy of needs</a>: the fact that creativity is in the last tier of needs &#8211; after you&#8217;ve secured more basic things like &#8230; you know &#8230; food, a roof over your head, and employment. Unfortunately, Bulgaria is still a very poor country and most of people&#8217;s creativity is channeled towards basic survival.</p>
<p>This question has been bothering me for a while. We Bulgarians are really fun and interesting people (no bias here whatsoever). But why do our colleagues abroad come up with better, cooler, braver ideas?</p>
<p>I&#8217;d love to hear your thoughts on this.</p>
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		<title>What&#8217;ya got in the bag there</title>
		<link>http://monikasmusings.com/2009/06/13/whatya-got-in-the-bag-there/</link>
		<comments>http://monikasmusings.com/2009/06/13/whatya-got-in-the-bag-there/#comments</comments>
		<pubDate>Sat, 13 Jun 2009 08:28:43 +0000</pubDate>
		<dc:creator>monika</dc:creator>
				<category><![CDATA[Marketing]]></category>

		<guid isPermaLink="false">http://monikasmusings.com/?p=321</guid>
		<description><![CDATA[At the last Marketing Innovation Forum Martin Lindstrom talked about knowing your audience and making ads they will relate to. Now I know this sounds like the usual ad seminar babble, however, he gave specific examples. One of them was toothpaste ads that feature people brushing their teeth in the shower. Turns out only 4% [...]]]></description>
			<content:encoded><![CDATA[<p>At the last Marketing Innovation Forum Martin Lindstrom talked about knowing your audience and making ads they will relate to. Now I know this sounds like the usual ad seminar babble, however, he gave specific examples. One of them was toothpaste ads that feature people brushing their teeth in the shower. Turns out only 4% of the people in the world do that (I&#8217;m actually one of them). But the ad doesn&#8217;t really speak directly to the other 96% and there, my friends, we have a problem.</p>
<p>Now I really wonder what demographic do these type of ads speak to?</p>
<p><object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="425" height="344" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowFullScreen" value="true" /><param name="allowscriptaccess" value="always" /><param name="src" value="http://www.youtube-nocookie.com/v/5hPMRODfG68&amp;hl=en&amp;fs=1&amp;rel=0" /><param name="allowfullscreen" value="true" /><embed type="application/x-shockwave-flash" width="425" height="344" src="http://www.youtube-nocookie.com/v/5hPMRODfG68&amp;hl=en&amp;fs=1&amp;rel=0" allowscriptaccess="always" allowfullscreen="true"></embed></object></p>
<p>Your average human being? I mean, if you were to go see your son&#8217;s performance, why wouldn&#8217;t you throw the detergent with which you wash his clothes in your bag? You know &#8211; just in case someone falsely assumes he&#8217;s got a new shirt on his back &#8230; WTF??? There&#8217;s another clip that features two hot chicks in a night club. Sure enough, they are roommates and one of them has a bottle of detergent in her handbag. In a NIGHTCLUB for crying out loud. Next time I go out, I&#8217;ll be sure to toss my detergent in with the other essentials for the night. Which reminds me not to pick up the 3-liter pack &#8211; for logistics&#8217; sake.</p>
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		<title>Marketing Innovation Forum 2009</title>
		<link>http://monikasmusings.com/2009/05/29/marketing-innovation-forum-3/</link>
		<comments>http://monikasmusings.com/2009/05/29/marketing-innovation-forum-3/#comments</comments>
		<pubDate>Fri, 29 May 2009 20:42:59 +0000</pubDate>
		<dc:creator>monika</dc:creator>
				<category><![CDATA[Marketing]]></category>

		<guid isPermaLink="false">http://monikasmusings.com/?p=309</guid>
		<description><![CDATA[The third annual Marketing Innovation Forum organized by Economedia took place yesterday. And by common consensus it was the best one so far. The tradition started off in with a bang in 2007 &#8211; the first Marketing stars to talk to a large audience of Bulgarian marketers were Sergio Zyman (Zyman group, former Coca-Cola Marketing [...]]]></description>
			<content:encoded><![CDATA[<p><span>The third annual </span><a href="http://www.miforum.eu" target="_blank">Marketing Innovation Forum</a><span> organized by </span><a href="http://economedia.bg" target="_blank">Economedia</a><span> took place yesterday. And by common consensus it was the best one so far.</span></p>
<p><span>The tradition started off in with a bang in 2007 &#8211; the first Marketing stars to talk to a large audience of Bulgarian marketers were </span><a href="http://www.sergiozyman.com" target="_blank">Sergio Zyman</a><span> (Zyman group, former Coca-Cola Marketing manager) and </span><a href="http://blog.guykawasaki.com" target="_blank">Guy Kawasaki</a><span> (Apple Marketing manager). 2008 saw the father of guerilla marketing </span><a href="http://www.gmarketing.com" target="_blank">Jay Levinson</a><span>. Yesterday we had the immense pleasure of listening to </span><a href="http://krconnect.blogspot.com" target="_blank">Kevin Roberts</a><span>, Worldwide CEO of Saatchi &amp; Saatchi and </span><a href="http://www.martinlindstrom.com" target="_blank">Martin Lindstrom</a><span>, author of </span><em><a href="http://www.amazon.com/Buyology-Truth-Lies-About-Why/dp/0385523882/ref=sr_1_1?ie=UTF8&amp;s=books&amp;qid=1243629694&amp;sr=8-1" target="_blank">Buyology</a> </em><span>and one of this year&#8217;s TIME magazine 100 most powerful people.</span></p>
<p><span>I go to many such events. On the respective day&#8217;s morning I get all fidgety &#8230; I always hope that I will be impressed, that I&#8217;ll learn something new, that I will be surprised. Usually, I leave disappointed. Yesterday was a first!</span></p>
<p><span>The two speakers had a completely different approach in their presentations. Kevin won his audience with his sense of humor and light-hearted style of communication. However it was Martin who had everyone&#8217;s undivided attention. Never have I seen 500 people at the same place who barely move and hold their breath for an hour and a half. He went from whispering to yelling in a split second, his high-tech presentation was superbly delivered in a unique Broadway manner with a pleasant Danish accent. One thing kept bugging me though: the guy does not look a day over 25 (turned out he’s nearly 40).</span></p>
<p><span>Though they very much differed in areas of expertise, both speakers agreed on some topics:</span></p>
<p><span><span>1)<span> </span></span></span><span>Times of crisis are awesome (time for you to win, and win ugly);</span></p>
<p><span><span>2)<span> </span></span></span><span>In advertising you should appeal to people’s emotions, not to their rationale (always, always, always!);</span></p>
<p><span><span>3)<span> </span></span></span><span>Focus groups are completely useless (while Kevin just thought them to be a waste of resources, Martin put it very simply: people lie to you at focus groups. Sometimes subconsciously, but nonetheless most of the time they lie.)</span></p>
<p><span><span>4)<span> </span></span></span><span>Successful marketing sells experiences nowadays, and not products or brands.</span></p>
<p><span>Kevin summarized his advice with the words “Fail fast. Learn fast. Fix fast”. He argued that research is a waste of time and agencies and clients should work quickly if they want to stay on top of things. His personal-experience example of this was “If ever in any of the Saatchi &amp; Saatchi subsidiaries there is a problem they cannot solve in 48 hours, they have to e-mail me. Within 24 hours I will send them the solution. I can’t promise that it will be a good solution which will work, but they still would get one in 24 hours.” </span></p>
<p><span>“Never give your clients what they want,” he said to a laughing-out-loud audience. Give them what they thought was impossible! </span></p>
<p><span>I learned that later on he shared with a smaller group of people that he found (just from a quick drive through the city) Bulgarian Outdoor advertising to be horrendous. </span></p>
<p><span>On the other hand, Martin Lindstrom gave a quick explanation of the <em>science of why we buy things</em>. He explained a huge study that he conducted prior to writing <em>Buyology</em>. 2000 volunteers were given a functional MRI while they were exposed to advertising messages. Their brain waves were scanned to see how they reacted to different methods in advertising – a pure scientific analyses of why we like and buy the things we like and buy. He couldn’t stress enough on the fact that our decisions are purely emotional (Kevin Robert’s estimate was 80% &#8211; and, jokingly, 101% for women) and irrational. His practical advice to marketers in this regard was to:</span></p>
<p><span><span>-<span> </span></span></span><span>use the past and not the future in advertising (the future is unknown and therefore scary, but remember how it was always sunny in the good ol’ days?)</span></p>
<p><span><span>-<span> </span></span></span><span>use somatic markers for your brand (smell, feel, sound, etc) – create experiences for your audience</span></p>
<p><span><span>-<span> </span></span></span><span>use kids in advertising (as much as possible; though personally I would disagree here)</span></p>
<p><span><span>-<span> </span></span></span><strong><span>Never </span></strong><span>discount </span></p>
<p><span>Lindstrom used some interesting case studies to explain why people lie at focus groups: the rational part of their brain simply overrides the emotional part. For example: when blind-tasting Coke and Pepsi, over 90% of the respondents prefer Pepsi to Coke (the Pepsi challenge campaign was based on these blind tests). However, when you show the respondent the cans, the rational part of the brain dictates: You were wrong, of course you like Coke more. Or when some of the world’s finest sommeliers were presented with three different bottles of wine (of course filled with the same exact wine) in three price categories – super cheap, sort of medium and overpriced, all of them without exception said they prefer them according to the price tag. When they were told they drank the same wine, most of them said – <em>Yeah, on a second thought, they <strong>did</strong> taste the same</em>. A prime example of the rational part of the brain shamelessly lying to you.</span></p>
<p><span>I am so thrilled after yesterday that I can go on forever. However, as this is already a ridiculously long post, I am going to cut short the serious stuff and make it an even more ridiculously long post by giving you some of Kevin Robert’s funniest lines:</span></p>
<p><span>We’re in the shit. I come from New Zealand – there this is a business term.</span></p>
<p><span>The difference between New Zealand and Australia is that the people live in New Zealand by choice.</span></p>
<p><span>At the Australian customs office they ask you if you have a criminal record. Believe me, it is still a requirement to get in the country.</span></p>
<p><span>Everyone should be happy today. Except for Man United fans of course.</span></p>
<p><span>Al Gore was the only guy who got a Nobel Prize for a Powerpoint. </span></p>
<p><span>The further up a company you go, the stupider you get. Spend NO time talking to a CEO.</span></p>
<p><span>If I get a task that I don’t like I just don’t do it. I assign it to someone else. There is absolutely no point in having power unless you abuse it.</span></p>
<p><span>How old is your website? I bet you it’s the ugliest thing in the world.</span></p>
<p><span>I hate it when a brand manager walks into my room and says MY brand. Actually, I hate it when a brand manager walks into my room. Period.</span></p>
<p><span>Even guys in IT are human. Relatively. Bankers … nah.</span></p>
<p><span>Q: What is your advice to financial institutions?</span></p>
<p><span>A: Shoot the management and maybe you’ll be fine.</span></p>
<p><span>And last but not least, there was a strange Q&amp;A exchange with a random bizarre girl (RBG)</span></p>
<p><span>RBG: What would you do if you work for a company that is hated by people, by media, by government?</span></p>
<p><span>KR: I’d leave.</span></p>
<p><span>RGB: Yeah, but that’s the easiest thing you can do.</span></p>
<p><span>KR: And probably the smartest, too.</span></p>
<p><span>RGB: Still?</span></p>
<p><span>KR: Tell me, is it tobacco?</span></p>
<p><span>RGB: Yeah.</span></p>
<p><span>KR: Then I want you to dig really deep down in yourself and find out why do you think it’s a good thing to kill people.</span></p>
<p><span>On that note, my friends, I’ll go have a cigarette. Out of curiosity – leave me a comment if you read all the way through here <img src='http://monikasmusings.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </span></p>
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		<title>On focus groups</title>
		<link>http://monikasmusings.com/2009/04/23/on-focus-groups/</link>
		<comments>http://monikasmusings.com/2009/04/23/on-focus-groups/#comments</comments>
		<pubDate>Thu, 23 Apr 2009 19:37:36 +0000</pubDate>
		<dc:creator>monika</dc:creator>
				<category><![CDATA[Marketing]]></category>

		<guid isPermaLink="false">http://monikasmusings.com/?p=280</guid>
		<description><![CDATA[I am and I believe I&#8217;ll always be a fan of marketing research. The more the better, including focus groups. However, when it comes to focus groups, I am always mindful of the opinions of two great men: 1) Henry Ford: &#8220;Had I listened to focus groups, I would have made a fantastic carriage.&#8221; 2) [...]]]></description>
			<content:encoded><![CDATA[<p>I am and I believe I&#8217;ll always be a fan of marketing research. The more the better, including focus groups.</p>
<p>However, when it comes to focus groups, I am always mindful of the opinions of two great men:</p>
<p>1) Henry Ford: &#8220;Had I listened to focus groups, I would have made a fantastic carriage.&#8221;</p>
<p>2) Sergio Zyman: &#8220;Make sure you don&#8217;t ask stupid questions at focus groups. For exapmle &#8211; if you ask &#8216;Why don&#8217;t you drink more Coke&#8217;, you might get an answer &#8216;Cause I don&#8217;t feel like it, dude!&#8221;</p>
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		<title>Spoiler: this is what happens when you fire your agency</title>
		<link>http://monikasmusings.com/2009/04/21/spoiler-this-is-what-happens-when-you-fire-your-agency/</link>
		<comments>http://monikasmusings.com/2009/04/21/spoiler-this-is-what-happens-when-you-fire-your-agency/#comments</comments>
		<pubDate>Tue, 21 Apr 2009 20:32:15 +0000</pubDate>
		<dc:creator>monika</dc:creator>
				<category><![CDATA[Marketing]]></category>

		<guid isPermaLink="false">http://monikasmusings.com/?p=270</guid>
		<description><![CDATA[In today&#8217;s world where creativity is put on a high pedestal and there is a severe competition between the banks for every lev out there, I came across this: For those of you who still aren&#8217;t fluent in Bulgarian, the text says: &#8221; Deposit 1+2+3. Short-term deposits in BGN, EUR and USD. The indicated interest [...]]]></description>
			<content:encoded><![CDATA[<p>In today&#8217;s world where creativity is put on a high pedestal and there is a severe competition between the banks for every lev out there, I came across this:</p>
<p><a href="http://monikasmusings.com/wp-content/uploads/2009/04/cibank_apples.jpg" target="_blank"><img class="alignleft size-medium wp-image-269" title="cibank_apples" src="http://monikasmusings.com/wp-content/uploads/2009/04/cibank_apples-213x300.jpg" alt="cibank_apples" width="213" height="300" /></a></p>
<p>For those of you who still aren&#8217;t fluent in Bulgarian, the text says: &#8221; Deposit 1+2+3. Short-term deposits in BGN, EUR and USD. The indicated interest rates are annual, for BGN deposits&#8221;.</p>
<p>So there. You tell me if you understand something. What&#8217;s the term of the &#8220;short-term&#8221; deposit? Do 1, 2 and 3 indicate the months you deposit your money for? If it is just one [short term] deposit, why 1, 2 and 3? Which interest rate corresponds to which term? WHAT does this tell me???</p>
<p>Why does Cibank (formerly known as EiBank) think it made a smart decision by doing this ad in-house? Did it? I sure hope so! (If not, I hope they fired their agency.) And, if they did do it in-house, do they really think it was a good idea to save a couple hundred Euro for <strong>this </strong>to come out?</p>
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		<title>What were you thinking?</title>
		<link>http://monikasmusings.com/2009/04/06/what-were-you-thinking/</link>
		<comments>http://monikasmusings.com/2009/04/06/what-were-you-thinking/#comments</comments>
		<pubDate>Mon, 06 Apr 2009 16:30:18 +0000</pubDate>
		<dc:creator>monika</dc:creator>
				<category><![CDATA[Marketing]]></category>
		<category><![CDATA[budget]]></category>
		<category><![CDATA[financial crises]]></category>

		<guid isPermaLink="false">http://monikasmusings.com/?p=246</guid>
		<description><![CDATA[Today I received my first copy of Advertising Age (despite the fact that I subscribed for it for an entire year, I got nothing for the first three months). I quite enjoyed it, however, it turned out to be yet another marketing magazine where in every second article someone says something along the lines of [...]]]></description>
			<content:encoded><![CDATA[<p>Today I received my first copy of <a href="http://www.adage.com">Advertising Age</a> (despite the fact that I  subscribed for it for an entire year, I got nothing for the first three months).  I quite enjoyed it, however, it turned out to be yet another marketing magazine  where in every second article someone says something along the lines of “Now  that we are in a period of a financial crisis, companies really want to see  results for every penny invested in marketing and advertising”.</p>
<p>I just cannot help but ask … Really??? NOW you expect to see results? What were you  thinking before the crisis? Let&#8217;s keep spending a couple of million each year just because it&#8217;s there?</p>
<p>And if people are really that dumb why am I not a millionaire?</p>
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