News

Look what’s hot in a world of marketing and
media trough M&M Global.

Unilever’s Keith Weed on why the industry must stop jumping from one crisis to the next

20.03.2017
Unilever’s Keith Weed on why the industry must stop jumping from one crisis to the next

Unilever chief marketing and communications officer Keith Weed has urged the industry to “stand back” and take a broader view of the industry’s problems, rather than being drawn in by a sequence of crises. 

Weed was appearing on stage at Advertising Week Europe in London, in conversation with Google’s EMEA president Matt Brittin, who found himself under fire over YouTube’s recent brand safety issues.

Rather than dwell specifically on brand safety, Weed urged the audience to ensure a continual commitment to tackling a range of issues, including ad fraud and viewability.

“Today we’re talking about brand safety, but it’s not just about brand safety […] We’re guilty as an industry of jumping in one issue at a time. We need to clean up across the board,” said Weed. “We need to stand back and look at this, and not roll from one issue to the next.”

He also insisted it is important for marketers to look in the mirror at their own performance, rather than simply blaming errant media partners for disappointing campaign performance: “We need to smarten up. I’m all for holding Google, Twitter, Facebook accountable, but we also have to hold ourselves accountable.

“If more of us paid more attention [to ad fraud], there would be less of a market to go after.”

‘Common sense test’

Weed has long championed the need to address the “three V’s” of marketing – viewability, verification and value – and again argued that current industry viewability standards do not pass the “common sense test”.

He called on the industry to develop measurement techniques to help join the “unhelpful” distinction between traditional and digital media. “There is only one viewer, and counting that person as a different viewer on TV or search [is unhelpful],” he added.

Weed also discussed the issue of a dearth of digital skills at the top of today’s businesses. The “lost generation” he described, aged between 40 and 50, were too old to be digitally “native” Millennials, and too young to be part of the generation of parents drawn to platforms such as Snapchat as a means of keeping in touch with children.

“Are the most senior people in your business up to speed, or are they bluffing? And are they right-skilled for the decisions they are making? I don’t think enough senior people in the industry are ‘on it’,” said Weed.


Source:
http://mandmglobal.com/unilevers-keith-weed-on-why-the-industry-must-stop-jumping-from-one-crisis-to-the-next/