253 - Good vs Bad Marketing w/Dave Kaufman - Head of Marketing Meta - AR/MR
May 2, 2024
41:21
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Dave Kaufman, Head of Marketing for Meta - AR/MR, discusses the biggest mistakes marketers make, the importance of being entertaining in content creation, and how AR/VR technology like Meta will change marketing. The podcast delves into distinguishing between strategy and tactics in marketing, continuous learning for marketers, balancing brand building and performance marketing, optimizing video strategy, launching new technology in the market, and innovative marketing strategies.
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Quick takeaways
Good content in marketing boils down to being entertaining, building clear goals, and understanding the market.
Educating oneself about marketing history, industry data, and creative inspirations is crucial for marketing evolution.
Deep dives
Understanding the Difference Between Tactics and Strategy in Marketing
Good marketing stems from comprehending the distinction between tactics and strategy. Many rush towards the execution without laying the groundwork, skipping essential pre-tactical work, building a robust marketing foundation. The critical components of good marketing include marketers investing time in education, growth, and skill development, learning from advertising past, present, and future. It emphasizes the significance of strategy over quick tactical execution for successful marketing endeavors.
Key Elements for Marketers to Grow and Excel
To enhance marketing skills, individuals are advised to delve into the field's history, comprehend its evolution led by influential figures like Oakley and burn buck, investing in acquiring knowledge. Keeping abreast of data, research from industry experts, and absorbing insights from leading advertising thinkers like Byron Sharp aids in marketing evolution. Additionally, gaining inspiration from various creative avenues like advertising and marketing books enriches marketing prowess.
The Vital Necessity of Balancing Brand Building and Performance Marketing
Successful brands embrace both brand building and performance marketing strategies, presenting them as complementary forces crucial for sustainable business success. Allocating approximately 60% of the budget to brand creation activities and 40% to performance marketing aligns with establishing long-term brand credibility and fostering latent demand, contributing to a healthy business funnel.
Identifying Markers of Bad Marketing Practices
Bad marketing practices often emerge from a lack of marketer education, overlooking vital research and strategy development steps. This results in a haphazard pursuit of tactics without clear objectives or goals, leading to a focus on vanity metrics or superficial branding efforts. Celebrating ineffective achievements divorcing strategy from executions typifies poor marketing, highlighting the significance of foundational education and thoughtful strategic planning.
Dave Kaufman, Head of Marketing for Meta - AR/MR joins us to talk about what makes great marketing.
What are the BIGGEST mistakes he’s seen marketers make over the course of his career? And how can you separate the good marketers from the great marketers?
Dave explains why great content always boils down to one thing: being entertaining and reveals exactly how to stand out from the competition by making clear goals, understanding the market, and building a healthy marketing strategy.
Plus, how will AR/VR like Meta change marketing? Before we spill all that future tea, let’s just say you heard it here from Meta’s Head of Marketing here first!
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