Mark Ritson: Most Australian marketers are shithouse at marketing. Totally shithouse.

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By Mark Ritson

adjunct professor at Melbourne Business School

It’s a common enough occurrence. A large brand or media channel conducts some market research not to understand customers but to fuel a communications campaign designed to highlight an issue and generate media coverage about it. I must get at least one of these reports dangled in front of me every month by a PR firm in the hope that I will write about it.

The formula behind the recent publication of “Shared Stories: Building Brand in the Digital Age” is therefore nothing new. But the results of the research, commissioned by Facebook and conducted by consulting firm Deloitte, are the stuff of genuine marketing headlines. In particular, two findings have been hotly debated ever since the report was published this month.

The first shocking result, taken from a sample of 300 senior Australian marketers, measured the importance of brand. Asked for the most important objective in their current marketing strategy, only 17 per cent of marketers agreed that it was building brand. Increasing sales, market share and customer engagement were all deemed to be as or more important than brand-building, with revenue growth the most common focus.