No sooner do I think I am up to date on media news than I
attend the annual PSFK conference where they report so much more happening than
what we hear in the press. The conference covers a range of cultural projects
and global initiatives that can not only impact individual lives today but also
future society. Momentous stuff, and yet, PSFK Founder Piers Fawkes sees this
effort as a “sense of purpose with a small p.”
Each year for the past 11 years, PSFK focuses on efforts that, “impact
communities and the people around them by highlighting pioneers and change
makers.”
Here are some major takeaways from this year’s conference:
Brands are Engaging Directly in Content
Innovation
Media is transforming
through the use of technology, raw creativity and the need to rise above the
general chatter. Morgan Spurlock’s production company, Warrior Poets, strives to tell stories,
introduce brands and reach the right audiences in new ways. “One of the projects that I'm most proud of
is the short film series that we produced in partnership with GE* called FOCUS FORWARD FILMS ” he
explained, “The series featured 30 stories about innovators, directed by 30
amazing filmmakers, and, to date, has been seen by more than 175 million people
worldwide.”
Spurlock
sees future expansion in the next five years where, “you'll see larger brands
taking even bigger swings in the content space - so much so that they'll be
creating content that can compete with the traditional content you see. Brands
are starting to realize that to stay relevant they need to be infinitely better
storytellers and not just sell products.” But he warns that “branded content
becomes overkill when the messaging outweighs the power of the content. People
want to be entertained, and brands can do that, but too many brands can't get
out of their own way. The sooner that brands realize that connecting to an audience
in an entertaining and meaningful way is the priority, the sooner we'll see
brands taking greater risks and making better content.”
Innovations Designed For Other Industries
Can Transform Media
What3words is a company that has divided the
world into 57 trillion ten foot by ten foot squares, identifying every single
one of them with a unique three word address. Based on an algorithm using GPS
coordinates and 40,000 terms, what3words converts these coordinates into words,
effectively replacing street addresses around the globe.
According to
COO, Clare Jones, her company’s corporate address is Index Home Run which is
the location of the front door of their offices in London, rather than the
building in total. Because these three words are in ten foot by ten foot
increments, even a small 300 square foot NYC apartment will have three
addresses. What3words can be a lifesaver for those trapped on some remote
mountain or shipwrecked or suffering in some earthquake ravaged landscape where
street addresses no longer apply. It can also help facilitate drone delivery
(to the delivery entrance instead of the front entrance), transforming
logistics for a variety of companies and industries.
Focusing on
the media world, knowing a house’s what3words addresses might help ascertain
media usage by the room within the home. Am I viewing TV in the living room or
the bedroom or in the back yard (three different addresses)?
Introduction of Innovation Requires a Deft
Touch For Brands
Tucker Fort,
Partner, Smart Design, spoke of the “ah-ha” discoveries he experienced when rolling
out Gatorade GX, a personalized sports beverage that is based on the athletes’ own
physiology. Gatorade GX is one of the first “super created sports drink,” according
to Fort. But despite the tested benefits of first adopters, the roll-out takes
time. Fort’s recipe for success follows these three rules:
1.
Digital doesn’t solve everything --old school
touchpoints help drive adoption.
2.
Integrate new behaviors with existing ones.
3.
Never stop pushing what is possible.
The lesson for media is that new technological and digital
solutions need to be integrated the old ways of doing business to help facilitate
adoption. Also, it is easy to say, ‘let’s go totally into digital measurement
with big data’, but the inclusion of oldie but goodie qualitative research such
as focus groups and ethnology studies often offer deeper and richer insights to
the quant data.
Conclusion
The major takeaway from PSFK for me is that if you can
envision it, you can do it. There are no limits.
Need to vertically integrate your product line? Christina
Agapakis, Creative Director, Ginkgo Bioworks, is bringing biology to consumer
products. Her company takes DNA sequences and develops consumer products such
as brewing perfume from yeast, replicating the taste of meat in veggie burgers
and growing leather in a lab. Companies exploring this technology include
Adidas, Reebok and Patagonia.
Want to know
more about highly niche audiences like Fillipino housewives or Japanese
teenagers or gun runners in Somalia? Anthropologist Jan Chipchase, author of The Field Research Handbook can ethnographically measure any group for
you.
So, media
people, the possibilities are endless.
This article first appeared in www.MediaVillage.com
*Disclosure: MediaVillage.com publisher Jack Myers is a
partner in cinelan, the production company founded by Morgan Spurlock that
produced FocusForwardFilms.
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