It’s official – the 2009 Hollywood awards season has begun! As evidenced by the
glitz and glamour of Sunday night’s Golden Globes, films like “Slumdog
Millionaire” and actors like Kate Winslet started raking in the awards. As we
anticipate the upcoming Oscar nominations, to be announced on January
22nd, we have decided to take a look back at the past year in the
world of PR and marketing. Drumroll please as we announce some of the best –
and worst – of what 2008 had to offer!
Most Effective
at Turning Olympic Gold into Money Green
And the award
goes to … Michael Phelps. After wowing the world by winning
an historic eight gold medals during August’s Beijing games, Phelps turned his gold into
green with multiple endorsement deals and a slew of adulatory media coverage,
including the cover of Sports
Illustrated and interviews with premiere outlets such as CBS’ “60
Minutes.” Already raking in $3-5 million a year before the 2008 Olympics,
Phelps’ agent told the Wall Street
Journal that he thinks his eight medals, won during American TV prime
time, are worth some “$100 million over
the course of his lifetime” in marketing deals. Deals with
Visa, PowerBar, Omega, AT&T Wireless, and, of course, Speedo, which made the
high-tech LZR suit Phelps took the home the gold in, have already started lining
his pockets, and his awe-inspiring success even helped his mom score an
endorsement deal with Chico’s!
Best
Collaboration Between the Old and the New
And the award
goes to …. Facebook and Visa. Credit card stalwart Visa jumped
into the world of social media with a $2 million Facebook initiative to help
them tap into the biggest online community of small businesses, with 80,000
members on board. Visa’s Facebook
application helps users connect with other small businesses.
Among the many perks of the application the company also threw in a bonus: the
first 20,000 business owners to sign up received $100 in Facebook advertising
credits. Facebook wins as well – if small business’ like the result they
achieve with the advertising credits, it could lead to more advertising on
Facebook – a relatively small investment for companies with smaller profit
margins and ad capital.
It Can’t Get
Much Worse Than This
And the un-award
goes to … Petrol station
chain Esso and coffee company Tchibo.
This one comes from across the pond, as the companies recently stopped an
advertising campaign after finding out the slogan also hung above the entrance
to a Nazi concentration camp - Jedem das
Seine, a version of “to each his own,” appeared at camp Buchenwald
near the city of Weimar. Tchibo and Esso aren’t the first companies to make the
blunder, however. Telephone company Nokia, grocery chain Rewe, Burger King and
Merkur Bank have all fought PR disasters after using the phrase – which was
originally coined by Roman philosopher Cato 2,000 years ago – in ad
campaigns.
The Recurring
Theme Un-Award
And the un-award
goes to … Print media. Barely a day goes by without
multiple announcements of print outlets shutting down or undertaking massive
layoffs and other cutbacks. The Publishers Information Bureau announced this
week that consumer magazine advertising pages dropped 11.7 percent in 2008 when
compared to 2007, and the drop in advertising accelerated in the fourth quarter,
as pages slid more than 17 percent. For regular – though quite depressing –
updates on the state of media, check out "The Media is Dying," a Twitter
account that keeps you updated as to who is losing their jobs and
what publications are shutting down, all in an easy to read,
140 words-or-less format (http://twitter.com/themediaisdying).
The account has nearly 9,000 followers to date and is adding more every
day.
A Little Bit of
Good, a Little Bit of Bad
And the award
goes to … companies like Shane’s Rib Shack, Starbucks, Krispy Kreme,
Chick-fil-a. In conjunction with the 2008
elections, companies such as these launched promotions offering free items to
customers who voted. Local push back on the stunt as a felony at the Federal
level motivated Shane’s to re-launch the campaign one week prior to the
historical elections. Shane’s then generated 30 million media impressions and
outranked Starbucks, Krispy Kreme, Chick-fil-a and CNN Elections on Google
Rankings. The other three nationally recognized brands failed to acknowledge
the warnings from state jurisdictions regarding their food for voting giveaways
and ended up receiving negative attention in more than 340 articles. Shane’s
was included in only one of those articles and in hundreds of positive
articles. Shane’s sales for the day hit record highs, largely with new
customers.
The Jury’s Still
Out
And the award
goes to … Gatorade. Gatorade’s mysterious “G”
campaign, which debuted during the Rose Bowl on January 1st, features
black and white ads with a scrolling screen shot of high profile athletes and
includes a voiceover by Lil’ Wayne. Gatorade is never mentioned – there is only
the stark letter G in the closing
shot. The ads have done what they set out to do – spark conversation – but they
have also created confusion and some backlash. Commenters at the YouTube site
created by Gatorade argued that the commercial could be for Guess, the clothing
brand, or a "Saturday Night Live" skit. Consumers also wondered whether the
commercial was meant to promote Nike, God, a new African-American television
channel, Georgetown University or G-Unit, the hip-hop group and clothing brand. It remains to be seen wheather the campaign will be effective - or end up more dud than stud.
What are your
thoughts about the year in PR and marketing? Share your thoughts with us on the
best and the worst.
By Kate Jay and Christy Olliff