BRAVE COMMERCE | Episode Colgate at Cannes: How Serendipity and Strategy Drive Marketing Innovation
In this episode of BRAVE COMMERCE, hosts Rachel Tipograph and Sarah Hofstetter are joined by Colgate Palmolive’s Diana Haussling, Senior Vice President and GM of Consumer Experience and Growth, CMO and Amy Benford, VP GM of Integrated Marketing. Together, they delve into the transformative experiences and invaluable insights gained at the Cannes Lions International Festival of Creativity. The discussion navigates through the unique value Cannes provides, from serendipitous encounters leading to innovative partnerships to the pivotal role of retail media in contemporary marketing strategies.
Diana and Amy emphasize how Cannes acts as a melting pot for creativity, data, and innovative collaborations, fostering an environment where groundbreaking ideas can flourish. They share anecdotes illustrating the serendipity of networking opportunities at Cannes, such as an impromptu meeting with Jay Shetty that blossomed into a fruitful partnership for Colgate Total. The conversation also highlights the importance of shifting from transactional interactions to visionary dialogues, allowing for the exploration of the art of the possible in brand marketing.
Furthermore, the episode underscores the growing significance of retail media and its evolving role in the marketing ecosystem. Diana and Amy discuss the intersection of media, tech, and brand partnerships, shedding light on how retail media is no longer confined to the lower funnel but is now integral to creating a holistic storytelling experience. They also touch on the responsibility of marketers in the age of AI, emphasizing the need for ethical considerations and responsible innovation as the industry navigates this rapidly advancing landscape.
Key Takeaways:
The Value of Serendipitous Networking: Cannes Lions provides a unique environment where unplanned interactions, such as the encounter with Jay Shetty, can lead to innovative and impactful brand partnerships.
Retail Media’s Evolving Role: Retail media is transforming from a lower-funnel tactic to a crucial component of holistic marketing strategies, enabling brands to create comprehensive storytelling experiences.
Responsible AI in Marketing: As AI becomes increasingly prevalent, marketers must prioritize ethical considerations and responsible innovation to shape the future of the industry positively.
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Speaker 1: We tend to lean either too much one way or
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Speaker 1: the other. And I think what Can has done in
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Speaker 1: recent years is really brought together the creative elements, the
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Speaker 1: data and the insights, along with even interesting partners. Like
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Speaker 1: you’re seeing retail media show up in a new and
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Speaker 1: different way.
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Speaker 2: Last year, I would say AI was the word in
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Speaker 2: every single meeting. And this year, it’s very much so
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Speaker 2: about the responsibility that we have.
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Speaker 3: When you think about who.
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Speaker 2: Is here in this meeting, and Diana, you speak about
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Speaker 2: this all the time, but the responsibility that we have,
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Speaker 2: because a lot of us are the developers of what’s
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Speaker 2: going to happen with AI in the future and the
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Speaker 2: role that it will play from a marketing perspective.
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Speaker 3: So that’s come up quite a bit, day one.
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Speaker 4: Welcome to today’s episode of Brave Commerce.
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Speaker 5: I’m Rachel Tippegraph, the founder and CEO of Micmac.
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Speaker 4: I’m Sarah Hofstetter, president of Profitero, and.
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Speaker 5: This is a show that talks about what’s relevant in
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Speaker 5: e-commerce for the world’s biggest brands.
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Speaker 4: And today, we are in a star-studded podcast booth here
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Speaker 4: on the Crossette. Now, when I say star-studded, yes, John
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Speaker 4: Legend is going to be coming in right after us,
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Speaker 4: but that’s not the stars that we’re talking about today,
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Speaker 4: is it, Rach?
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Speaker 3: Absolutely not.
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Speaker 5: In fact, John was aching to be in this room
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Speaker 5: with us.
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Speaker 4: And we said, no, there are only four microphones here,
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Speaker 4: and ain’t none for John.
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Speaker 3: Mm-mm.
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Speaker 4: No, we have with us a three-peater… And a rookie.
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Speaker 4: So we’re going to start with the rookie. We’ve got
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Speaker 4: Amy Benford, the VP GM of Integrated Marketing at Colgate-Palmolive,
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Speaker 4: North America. Say that three times fast. But wait, there’s
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Speaker 4: another one. We have Diana Hausling, Senior Vice President, GM
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Speaker 4: of Consumer Experience and Growth, CMO of Colgate-Palmolive, North America,
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Speaker 4: the U.S.
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Speaker 5: And Canada.
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Speaker 4: All right. We are here today talking with Diana and
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Speaker 4: Amy because Rachel and I spent a lot of time
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Speaker 4: with Diana and Amy here last year. And so we’re
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Speaker 4: here on a recon mission to actually ask the question,
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Speaker 4: was it worth it? I mean, on the one hand,
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Speaker 4: we’re back, so the answer is a little obvious, but
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Speaker 4: we want to go into it a little bit more.
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Speaker 4: So Amy, why don’t you start us off? Like, why’d
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Speaker 4: you come back?
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Speaker 2: So I do think there’s this question, is Cannes a boondoggle?
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Speaker 2: It’s a lot of people going to a very exotic
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Speaker 2: But in reality, what happens is it attracts such talent
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Speaker 2: of the most fruitful conversations and experiences that you could
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Speaker 3: Cannes or it came out of a conversation at Cannes.
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Speaker 3: Give us an example.
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Speaker 1: Unpack it.
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Speaker 2: So one example, which would never happen in New York.
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Speaker 2: This is just not in reality. We were in an
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Speaker 2: walking out of the meeting, Jay Shetty comes on.
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Speaker 3: Jay Shetty, who just.
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Speaker 2: Happens to be a Colgate fan. And so he showed
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Speaker 2: We talked quite a bit about Colgate Total, a brand
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Speaker 3: When you dig underneath, there.
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Speaker 2: through this past year. Would that have happened in a
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Speaker 2: 30-minute rep meeting in New York City?
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Speaker 3: Probably not.
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Speaker 5: So what we learned is that Jay is a poor negotiator.
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Speaker 3: He’s actually a very good negotiator.
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Speaker 1: Or he recognizes awesome brands when he sees them. Absolutely.
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Speaker 1: So that was serendipity. That wasn’t a planned iHeart meeting.
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Speaker 2: But you have so many examples of that throughout the week, right?
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Speaker 3: It opens it up to so much more.
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Speaker 5: So here you are, you have this incredible experience last
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Speaker 5: Cannes is something that brand marketers should be doing?
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Speaker 1: I think you really have to understand and be clear
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Speaker 1: on what you’re trying to get out of Cannes. I
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Speaker 1: experience to your company in a lot of different interesting ways.
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Speaker 1: But I think what Amy is really tapping into is
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Speaker 1: converging in an environment that it shifts the conversation from
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Speaker 1: being a transactional conversation to one that’s really about what
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Speaker 1: is the art of the possible? What could we do?
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Speaker 1: And I think the element that the creativity brings is
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Speaker 1: really like, let’s just shatter the status quo, break what
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Speaker 1: we have, and figure out ways to do really cool things.
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Speaker 1: The setting does help, I do think, because you’re removing
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Speaker 1: people from wherever the environment is where you’re traditionally just
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Speaker 1: interacting and exchanging, and you’re bringing them into an element
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Speaker 1: where you really are thinking about what could it be.
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Speaker 1: I think the other cool component is some of the
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Speaker 1: great minds that are here. at Colgate-Palmolive, our 218-year-old organization
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Speaker 1: that’s really founded and based in science and efficacy of
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Speaker 1: our brands. We are a global company. We’re the number
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Speaker 1: one brand in the planet. Not a low-key brag, a
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Speaker 1: hardcore brag. And because of that, we have really strong
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Speaker 1: talent and a lot of internal interactions and connections. So
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Speaker 1: we have Hills Pet, we have CP Skin Health, which
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Speaker 1: is like Felorga, and Alt-MD, plus Colgate. So within our
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Speaker 1: own organization, we’re exchanging ideas globally and around the world.
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Speaker 1: And I think what’s cool about coming to a place
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Speaker 1: like this is you can start to bring that outside
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Speaker 1: in into your organization. So along with a lot of
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Speaker 1: the partnerships and campaigns, we’ve also pulled through a lot
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Speaker 1: of great minds. So there’s a lot of cool brands
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Speaker 1: that are doing awesome things that then came in to
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Speaker 1: do talks, sessions, engagements with our marketers to really create experiences.
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Speaker 1: We had a recent outside in session that featured the
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Speaker 1: former CMO of Pepsi and U.S., Todd Kaplan. We had
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Speaker 1: Stephen Wolfe from Univision. We had Marcus Collins, who’s here
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Speaker 1: doing an awesome talk as well, too. Really talked to
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Speaker 1: the teams about culture and tribes. So we were able
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Speaker 1: to bring a lot of that cool thinking back home
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Speaker 1: with us. And to cultivate that in an environment in
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Speaker 1: New York would have taken, somebody really would have to
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Speaker 1: make that a part of their day job. You can
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Speaker 1: get that experience with just being here over the week. Yeah.
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Speaker 4: Let’s talk a little bit about your specific role in
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Speaker 4: North America.
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Speaker 1: Yes.
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Speaker 4: So one of the things that I’ve always found enjoyable
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Speaker 4: about Cannes is learning about the work that happens in
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Speaker 4: other markets. I had gotten a lot of inspiration in
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Speaker 4: prior years just walking through that basement hall of the
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Speaker 4: Palais and seeing work from markets maybe that don’t have
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Speaker 4: as much budget as others and the ingenuity that ends
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Speaker 4: up happening. Amy, you talked about total, but there are
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Speaker 4: always going to be those brands that don’t get the
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Speaker 4: kind of support and love. How do you take the
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Speaker 4: learnings that you might be seeing from either markets that
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Speaker 4: have smaller budgets or markets that have different technological opportunities
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Speaker 4: and bring that into your thinking as a result as
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Speaker 4: you apply it to North America?
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Speaker 1: I think that’s an awesome point because I think depending
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Speaker 1: on where you are and what type of organization you
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Speaker 1: are in, you get into this. It’s like if you’re
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Speaker 1: somebody who drives home and you drive home regularly, you
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Speaker 1: can sometimes get in a car and then just start
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Speaker 1: and you get on that road and your mind just
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Speaker 1: drives you home automatically. And you’re not even really thinking
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Speaker 1: about what you’re doing. It’s just kind of like a routine.
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Speaker 1: I do think being able to see how other people
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Speaker 1: are executing, but leveraging insights and tapping into the human
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Speaker 1: element and bringing that to life and bringing it to
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Speaker 1: an organization really sparks the interesting and new thinking. It’s
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Speaker 1: really important for us to do that, especially with our
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Speaker 1: agency partners, because you get to a mindset of, you
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Speaker 1: know what, Diana likes to see X, Y, and Z.
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Speaker 1: If we put this in it, she’s going to say no.
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Speaker 1: You start to learn your partners and you don’t realize it,
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Speaker 1: but your bias to what they will say yes to
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Speaker 1: comes into play. And this starts to really not only
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Speaker 1: challenge the agency to think differently, but it also challenges
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Speaker 1: us as clients to be more open and to what
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Speaker 1: could be and not put limitations on our brands. Just
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Speaker 1: like humans, when you understand the core elements, the brand promise,
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Speaker 1: the brand truth, what your brand stands for, sometimes you
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Speaker 1: can put your brand in a box and not really
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Speaker 1: think about how you can connect and be relevant. Oftentimes,
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Speaker 1: especially for brands, and this is not just for the
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Speaker 1: entrepreneurial brands because I think that’s a myth. I think
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Speaker 1: this is for all brands. You find there’s an interesting
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Speaker 1: approach in how they connect with the human element. And
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Speaker 1: when you are able to tap into that and also
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Speaker 1: kind of break your teams from just saying, okay, well,
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Speaker 1: the MMM said we do this, so this is what
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Speaker 1: we do all day. You really are able to unlock
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Speaker 1: work and potential that could elevate your brand, but build
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Speaker 1: longer lasting connections with consumers.
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Speaker 2: We know our products, we know our consumers, maybe not
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Speaker 2: in that order, but we know both very, very well.
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Speaker 2: But what you don’t always know or what we don’t
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Speaker 2: always know is where the next great creative idea is
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Speaker 2: going to come from. And when you walk the Palais,
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Speaker 2: especially with your creative team, it’s almost like an exercise
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Speaker 2: in creativity because you are just challenged constantly to think
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Speaker 2: differently about things. And if I look back even to
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Speaker 2: last year, we left Cannes last year with a myriad
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Speaker 2: of creative concepts and ideas that And one came through
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Speaker 2: this past year with Superpower, the Superpower campaign that we
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Speaker 2: had for Colgate overall. But I think in general, the
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Speaker 2: ideas are going to come as you think and you
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Speaker 2: hear of these like incredibly creative ideas and concepts that
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Speaker 2: work tremendously well.
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Speaker 3: Across the globe.
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Speaker 5: What was the Superhero campaign?
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Speaker 2: So the Superpower campaign was a campaign developed and the
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Speaker 2: root of it is really around, I want to say
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Speaker 2: young audiences, but it’s all audiences. If you have a
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Speaker 2: gap in your smile or you have some sort of imperfection,
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Speaker 2: In the past, you look at any sort of ads
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Speaker 2: in our category for the most part, and they are,
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Speaker 2: I mean, what we have deemed perfect smiles. They’re bright
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Speaker 2: white and they are perfectly straight teeth. And what we’ve
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Speaker 2: realized is that we talk about body inclusivity and all
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Speaker 2: of these other elements, but what we weren’t bringing to
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Speaker 2: light was really there’s diversity of smiles as well. And
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Speaker 2: really embracing that, allowing consumers to really think through and
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Speaker 2: be proud of their smiles. We wanted to be able
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Speaker 2: to promote that in a much stronger way. And so
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Speaker 2: we put a message out there to do just that.
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Speaker 2: But then we also got behind it from a campaign perspective.
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Speaker 2: So we promised, we made a commitment, a very public commitment,
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Speaker 2: that we would include all types of smiles.
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Speaker 3: In our ads moving forward. And so now it’s lasted.
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Speaker 2: If you look at our new whitening ads, they’re all
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Speaker 2: different types of smiles included. And that’s very intentional because
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Speaker 2: we want that inclusivity to be spread.
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Speaker 6: Mm-hmm.
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Speaker 1: Yeah, if you haven’t tried our Optic White, try it.
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Speaker 1: It’s fantastic. And check out the ads as well.
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Speaker 5: I use it all throughout planning for my wedding.
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Speaker 4: Oh, good. Not only that, I got it in all
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Speaker 4: different sizes. So I’ve got mine in my Airbnb.
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Speaker 1: So we appreciate you.
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Speaker 5: Because you’re going to hand them out to different types
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Speaker 5: of mouths?
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Speaker 4: No, because I have a different kind of smile, Rachel.
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Speaker 6: Okay, okay.
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Speaker 4: And I know I’ve become a convert to optic white,
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Speaker 4: both the toothpaste and the whole system with the pen. Yeah,
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Speaker 4: I got the whole thing going on here. I want
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Speaker 4: to go back to what you were talking about, just
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Speaker 4: walking the Palais and then coming out of it. Yes.
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Speaker 4: I once had a discussion with a client who could
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Speaker 4: not see the value of going to Canon. I talked
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Speaker 4: about going throughout the Pele and actually seeing the work
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Speaker 4: and deconstructing it. And well, all of that stuff will
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Speaker 4: be made available afterwards. I’m like, yeah, who’s taking all
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Speaker 4: that time?
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Speaker 1: I have a great example of it. If you haven’t
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Speaker 1: had the CMO of Ikea on, you should, because what
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Speaker 1: I liken it to is, is really what Ikea does
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Speaker 1: really well. If anyone has taken a trip to Ikea,
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Speaker 1: I’m from Jersey, so exit 13A. If you go to,
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Speaker 1: I’m in exit four, if anybody’s wondering. But if you
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Speaker 1: go to Ikea, the experience is you walk in and
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Speaker 1: you kind of walk through and it’s like Epcot or
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Speaker 1: Disneyland for adults. You can’t really get out without walking
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Speaker 1: through everything. But initially when you go to a store
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Speaker 1: like that, you’re kind of thinking in your mind, I
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Speaker 1: need X, Y, and Z. And in the experience that
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Speaker 1: they create, and they create these lifestyles and these rooms,
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Speaker 1: and it really opens you up to like, I could
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Speaker 1: be a human that has the perfectly organized pantry. I
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Speaker 1: could be this person and I could see myself in
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Speaker 1: this space and in this room. And that really is
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Speaker 1: what Cannes creates too in the experience. When you walk
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Speaker 1: the Palais, you start to see Not only do you
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Speaker 1: get inspired, but I really think it creates the rooms
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Speaker 1: where you can start to see your brand in. Like,
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Speaker 1: can my brand live into this space? No, not this,
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Speaker 1: but what if we brought in this element? You know,
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Speaker 1: oh my goodness, I actually am a person that needs
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Speaker 1: a floating tree wall. What’s your floating plant tree wall,
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Speaker 1: whatever it is? What does that look like for you
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Speaker 1: as a brand? And how do you start to get
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Speaker 1: your marketers to not lose sight of the data and
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Speaker 1: the insights, but also develop a gut? and really balance
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Speaker 1: that art and science. And I do think we tend
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Speaker 1: to lean either too much one way or the other.
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Speaker 1: And I think what can has done in recent years
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Speaker 1: is really brought together the creative elements, the data and
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Speaker 1: the insights, along with even interesting partners. Like you’re seeing
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Speaker 1: retail media show up in a new and different way.
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Speaker 1: Last year, we saw them show up mostly by themselves.
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Speaker 1: Now you’re seeing them really show up with media partners
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Speaker 1: like Disney, or any streaming partner. And it’s a really
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Speaker 1: different experience. So it’s not just all these siloed units.
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Speaker 1: It’s really helping you pull that full storytelling experience together.
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Speaker 5: Let’s double click on that since we are on Brave Commerce.
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Speaker 5: I’ve been going to Cannes since 2015. And for a
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Speaker 5: long time, there wasn’t one retailer here. Now all the
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Speaker 5: big players have a presence here. What does that signal
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Speaker 5: for the industry?
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Speaker 3: And look at Amazon’s presence. It’s crazy. It’s bigger than.
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Speaker 5: Google, I think.
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Speaker 1: It’s large. Not only is it large, but it has
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Speaker 1: a big draw. So if you go into the space,
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Speaker 1: the other thing you start to pay attention to, and
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Speaker 1: I’m a big believer in this, especially as I coach
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Speaker 1: and mentor people, especially people of color and underrepresented groups,
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Speaker 1: paying attention to who’s in the space, who they’re talking to,
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Speaker 1: Who actually has access to spaces is really important as
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Speaker 1: you think about where you need to show up and
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Speaker 1: where your brand needs to show up. And if you
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Speaker 1: go into the Amazon space and you see the agency
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Speaker 1: partners that are in there, it’s not just the digital
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Speaker 1: commerce teams. There’s a cross section of the major media
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Speaker 1: players that are in those spaces and showing up for events.
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Speaker 1: And they’re having these conversations and dialogues. I think the
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Speaker 1: other part that you’re seeing is this shift away from
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Speaker 1: just talking about retail media as lower funnel. A lot
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Speaker 1: of folks make the statement, let’s take the retail out
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Speaker 1: of retail media. I disagree with that because I think
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Speaker 1: retail media is different from national traditional media. And different
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Speaker 1: is not bad. My existence proves that.
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Speaker 6: Mm-hmm.
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Speaker 1: They have the ability to really be able to allow
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Speaker 1: you to get to consumers in a different way, but
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Speaker 1: also measure it through traceable tenure, which we don’t have
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Speaker 1: in other elements. And it’s not a question of either or.
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Speaker 1: It’s really about how you create that full funnel experience
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Speaker 1: and what’s the job to be done and what you’re
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Speaker 1: trying to accomplish and what are the KPIs that allow
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Speaker 1: you to measure against that. I see this in more
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Speaker 1: of the conversations and dialogues where the retail media partners
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Speaker 1: are really starting to understand and command their space and
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Speaker 1: take up space in conversations that they should be a
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Speaker 1: part of, but they were told, you know what? This
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Speaker 1: isn’t for you, little brother, little sister. Why don’t you
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Speaker 1: go wait over there where the big kids are going
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Speaker 1: on this trip? And I do think there’s an opportunity
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Speaker 1: for us as an industry to really shatter the old
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Speaker 1: constructs that are really holding us hostage. If you think
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Speaker 1: about marketing as a whole. It hasn’t evolved that much
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Speaker 1: over time. You know, I work in an office that
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Speaker 1: sits on 300 Park Avenue. When I started, I watched
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Speaker 1: Mad Men. Because I was like, you know, now I’m
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Speaker 1: working in New York. This is, you know, really I’m
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Speaker 1: going to get the full experience. But I was shocked
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Speaker 1: at how many similarities they are, which wasn’t a great time.
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Speaker 5: That office building, you’re right.
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Speaker 1: Wasn’t a great time.
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Speaker 5: You didn’t even come downtown.
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Speaker 1: Yes, I know. But wasn’t a great time for my
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Speaker 1: people or yours. All of yours.
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Speaker 4: Okay.
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Speaker 1: So we really need to start to think about what
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Speaker 1: does this industry need to be now so we can
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Speaker 1: do the best work? And there’s a lot of people
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Speaker 1: holding on to the past, so and clinging to it
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Speaker 1: so tightly. And I think as this new emerging, and
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Speaker 1: this is not an age thing, I’m talking about the
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Speaker 1: generation of people who see the future and the potential
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Speaker 1: and the complexity of the media environment we live in
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Speaker 1: now and the creative elements with so many different images
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Speaker 1: and opportunities and the demands that Gen Alpha wants from
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Speaker 1: a creative element. I think there’s an opportunity for us
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Speaker 1: to really reshape how we approach the space.
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Speaker 5: So we’re only in day one of Cannes, but what
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Speaker 5: buzzwords have you heard in day one?
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Speaker 4: Which of them do you actually want to hear more about?
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Speaker 1: Sports.
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Speaker 3: And women’s sports.
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Speaker 1: Sports, women in sports, AI, but everybody’s talking about AI.
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Speaker 1: When people aren’t sure what to talk about, they just
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Speaker 1: throw AI in the title of something. You know how
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Speaker 1: they got that idea. Innovative. AI.
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Speaker 3: Yeah, AI.
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Speaker 1: Sports has been a huge one. Innovation, but not just
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Speaker 1: product innovation, but really innovation in a new and different way. Purpose. Purpose,
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Speaker 1: to me, is something that I think a lot of
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Speaker 1: folks want but don’t truly understand how to connect with
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Speaker 1: their brand. What about you, Amy?
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Speaker 3: It’s definitely the innovation.
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Speaker 2: AI, of course, because that’s what everyone loves to talk about.
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Speaker 2: But I think what’s important is the context that we
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Speaker 2: talk about.
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Speaker 1: AI.
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Speaker 6: AI.
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Speaker 2: Last year, I would say AI was the word in
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Speaker 2: every single meeting. And this year, it’s very much so
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Speaker 2: about the responsibility that we have. When you think about
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Speaker 2: who is here in this meeting, and Diana, you speak
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Speaker 2: about this all the time, but the responsibility that we have,
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Speaker 2: because a lot of us are the developers of what’s
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Speaker 2: going to happen with AI in the future and the
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Speaker 2: role that it will play from a marketing perspective. So
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Speaker 2: that’s come up quite a bit, day one.
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Speaker 4: As you think about year three in CAN as a
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Speaker 4: dynamic duo that the two of you are, Who do
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Speaker 4: you wish would come from your organization? Who do you
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Speaker 4: want to show this experience off to?
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00:19:43,130 –> 00:19:45,110
Speaker 1: I’ll let you go first, and then I’ll try. You
413
00:19:45,109 –> 00:19:46,310
Speaker 1: have your wish list.
414
00:19:46,310 –> 00:19:48,430
Speaker 2: I have my wish list. So when you when you
415
00:19:48,470 –> 00:19:51,050
Speaker 2: look at my team, it’s a group of SMEs. They
416
00:19:51,070 –> 00:19:53,210
Speaker 2: are subject matter experts who have gone really deep in
417
00:19:53,230 –> 00:19:55,480
Speaker 2: a specialty within the industry, whether it be social or
418
00:19:55,560 –> 00:19:59,080
Speaker 2: PR or media or creative, and we’re not sending them.
419
00:19:59,100 –> 00:19:59,580
Speaker 3: Hmm.
420
00:19:59,850 –> 00:20:02,709
Speaker 2: We’re sending a lot of brand marketers. And I don’t
421
00:20:02,730 –> 00:20:04,990
Speaker 2: mean we just at Colgate, but I think in general,
422
00:20:05,250 –> 00:20:08,330
Speaker 2: you know, a lot of very senior level execs get sent.
423
00:20:08,350 –> 00:20:10,210
Speaker 2: And I think it’s a great thing. But you’re also
424
00:20:10,270 –> 00:20:12,210
Speaker 2: forgetting some of the people who really do the work
425
00:20:12,490 –> 00:20:15,490
Speaker 2: every day. And we talk about being inspired walking the Palais.
426
00:20:15,850 –> 00:20:17,350
Speaker 2: I would love for some of the creative team to
427
00:20:17,369 –> 00:20:20,129
Speaker 2: be able to walk the Palais and understand where they
428
00:20:20,150 –> 00:20:22,270
Speaker 2: could go next and have that vision and see that.
429
00:20:22,820 –> 00:20:25,520
Speaker 2: I understand it’s available later, but when you look at
430
00:20:25,820 –> 00:20:27,939
Speaker 2: audiences who don’t go past the first page of Google,
431
00:20:28,020 –> 00:20:30,120
Speaker 2: I can’t imagine they’re going to sit through and read
432
00:20:30,380 –> 00:20:33,680
Speaker 2: every single business case. So I think it’s really opening
433
00:20:33,700 –> 00:20:36,939
Speaker 2: it up to the people who do the work as well.
434
00:20:36,960 –> 00:20:38,840
Speaker 2: I think there’s only opportunity there.
435
00:20:39,080 –> 00:20:42,310
Speaker 1: Yeah, I mean, as the person who’s responsible for the budget.
436
00:20:42,190 –> 00:20:42,460
Speaker 6: In the P & L.
437
00:20:44,109 –> 00:20:45,070
Speaker 3: She’s going to say no.
438
00:20:45,450 –> 00:20:48,090
Speaker 1: I’m sorry. I think for this experience and for the cost,
439
00:20:48,150 –> 00:20:50,889
Speaker 1: you really have to think about the ROI and what
440
00:20:50,910 –> 00:20:53,570
Speaker 1: you’re trying to accomplish. That said, it really does depend
441
00:20:53,630 –> 00:20:56,230
Speaker 1: on where your organization is and what you’re trying to accomplish.
442
00:20:56,690 –> 00:20:59,119
Speaker 1: I think for us, there’s an opportunity to have the
443
00:20:59,380 –> 00:21:01,619
Speaker 1: right conversations at the right level with the right people.
444
00:21:01,980 –> 00:21:04,260
Speaker 1: Let’s be honest, junior folks on your teams aren’t going
445
00:21:04,280 –> 00:21:07,300
Speaker 1: to get asked to have those conversations, nor do they
446
00:21:07,340 –> 00:21:09,480
Speaker 1: have the ability to say yes in the room, in
447
00:21:09,500 –> 00:21:11,720
Speaker 1: the moment, in the time to make it worth their while.
448
00:21:11,780 –> 00:21:14,200
Speaker 1: If you’re not The person that can write the check
449
00:21:14,619 –> 00:21:16,820
Speaker 1: and can actually say yes. Oof, just dated myself with
450
00:21:16,840 –> 00:21:18,500
Speaker 1: that one. I don’t even have a checkbook. But if
451
00:21:18,520 –> 00:21:21,030
Speaker 1: you’re not the person in the room that can actually
452
00:21:21,640 –> 00:21:24,070
Speaker 1: close the deal in the room, you’re not going to
453
00:21:24,090 –> 00:21:26,590
Speaker 1: get as much out of this space. But for the
454
00:21:26,650 –> 00:21:29,230
Speaker 1: young lions, I do think there’s an opportunity for them
455
00:21:29,270 –> 00:21:32,990
Speaker 1: to get inspired. And that should be your highest potential talent.
456
00:21:33,450 –> 00:21:36,530
Speaker 1: And they should get the experience, rotate through, really inspire them.
457
00:21:37,150 –> 00:21:39,470
Speaker 1: I think for the senior folks, the right folks in
458
00:21:39,490 –> 00:21:42,990
Speaker 1: the room, accompanied with some subject matter experts if they
459
00:21:43,090 –> 00:21:45,680
Speaker 1: are not one. Because sometimes you send a senior person,
460
00:21:46,119 –> 00:21:48,580
Speaker 1: and no offense to senior people, but if you got there,
461
00:21:48,920 –> 00:21:51,540
Speaker 1: hopefully you know that you are not the smartest person
462
00:21:51,580 –> 00:21:54,360
Speaker 1: in the room. And if you are, then ooh, that
463
00:21:54,400 –> 00:21:58,609
Speaker 1: room sucks. So I think it’s really important that you
464
00:21:58,810 –> 00:22:01,070
Speaker 1: are prepared to be able to make the right deal
465
00:22:01,109 –> 00:22:03,050
Speaker 1: that when you come back, the team isn’t like, why
466
00:22:03,090 –> 00:22:06,460
Speaker 1: did you do that? Like, now we’re fucked. So I
467
00:22:06,500 –> 00:22:08,699
Speaker 1: think you really have to think about where you are
468
00:22:08,720 –> 00:22:10,980
Speaker 1: as an organization, what the knowledge base of the folks
469
00:22:11,020 –> 00:22:13,270
Speaker 1: on your team, and what you’re trying to accomplish. I
470
00:22:13,310 –> 00:22:16,850
Speaker 1: think the second piece is KansLine is an awesome experience,
471
00:22:16,930 –> 00:22:19,650
Speaker 1: but there are so many other cool experiences. I know
472
00:22:19,930 –> 00:22:21,770
Speaker 1: all of us in this room attend a lot of them.
473
00:22:22,150 –> 00:22:25,400
Speaker 1: I think mapping out for your teams how you develop,
474
00:22:25,460 –> 00:22:27,820
Speaker 1: how you get there, and what it takes, and what
475
00:22:27,859 –> 00:22:30,699
Speaker 1: is something like a possible, or a grocery shop, or
476
00:22:30,720 –> 00:22:33,830
Speaker 1: a shop talk, or ANA? How do all of these
477
00:22:33,869 –> 00:22:37,430
Speaker 1: things play to really round out your experience and then
478
00:22:37,470 –> 00:22:40,430
Speaker 1: partnering with folks to bring that experience to your offices?
479
00:22:40,470 –> 00:22:42,140
Speaker 1: There’s a way to do it in a really cool
480
00:22:42,160 –> 00:22:45,300
Speaker 1: way that is inspiring and not just for a moment
481
00:22:45,340 –> 00:22:46,640
Speaker 1: in time, but throughout the year.
482
00:22:46,660 –> 00:22:48,119
Speaker 5: Yeah, I think it’s a great call to action.
483
00:22:48,280 –> 00:22:50,440
Speaker 4: The point about throughout the year, I think, is super
484
00:22:50,460 –> 00:22:53,310
Speaker 4: duper important. I think sometimes You go to these events
485
00:22:53,470 –> 00:22:56,230
Speaker 4: and there’s a so what now what call to action.
486
00:22:56,730 –> 00:23:00,310
Speaker 4: And by July 31st, the tan fades and you’re on
487
00:23:00,330 –> 00:23:00,850
Speaker 4: to the next thing.
488
00:23:00,869 –> 00:23:01,590
Speaker 1: My tan never fades.
489
00:23:01,790 –> 00:23:03,550
Speaker 4: No kidding.
490
00:23:03,850 –> 00:23:04,730
Speaker 5: No kidding.
491
00:23:04,760 –> 00:23:07,140
Speaker 1: But Sarah, you have a great way that you end
492
00:23:07,200 –> 00:23:09,700
Speaker 1: meetings that I think should be how people end most
493
00:23:09,740 –> 00:23:11,580
Speaker 1: of these things, where you ask the team.
494
00:23:11,840 –> 00:23:12,640
Speaker 3: Who will do it by when.
495
00:23:12,660 –> 00:23:15,160
Speaker 1: That’s right. We weren’t asked to do this, but whenever
496
00:23:15,200 –> 00:23:17,960
Speaker 1: we come to a space like this, I always pull together…
497
00:23:18,410 –> 00:23:19,889
Speaker 1: What are the meetings? What was the value I had
498
00:23:19,910 –> 00:23:22,150
Speaker 1: of the meetings? What do I wish I had done?
499
00:23:22,470 –> 00:23:24,270
Speaker 1: And then I have FOMO. So like who got a
500
00:23:24,310 –> 00:23:25,909
Speaker 1: meeting that I didn’t do? Because like, you know, my
501
00:23:25,970 –> 00:23:28,070
Speaker 1: friends are here. You got a meeting with that person.
502
00:23:28,109 –> 00:23:30,100
Speaker 1: You’re getting this. I need to up my game next time.
503
00:23:30,130 –> 00:23:33,200
Speaker 1: So really mapping that out, but also sharing that back
504
00:23:33,240 –> 00:23:36,060
Speaker 1: with leadership. So I put these things into my budget,
505
00:23:36,100 –> 00:23:39,979
Speaker 1: my strat plan presentations and really talk about here’s what’s working.
506
00:23:40,020 –> 00:23:41,940
Speaker 1: Here’s what’s not. Here’s what we got from it. Here’s
507
00:23:41,960 –> 00:23:43,990
Speaker 1: what I’m hoping to get out next year. And I’m
508
00:23:44,030 –> 00:23:46,189
Speaker 1: very transparent about it. And, you know, but you have
509
00:23:46,210 –> 00:23:47,320
Speaker 1: to understand where your company is.
510
00:23:47,880 –> 00:23:49,340
Speaker 2: No, I was going to say you talk about like
511
00:23:49,740 –> 00:23:52,360
Speaker 2: a beautiful constraint and making the most of every single
512
00:23:52,400 –> 00:23:53,020
Speaker 2: dollar you have.
513
00:23:53,060 –> 00:23:56,139
Speaker 3: I mean, it’s not nothing to come to can. It’s
514
00:23:56,180 –> 00:23:56,800
Speaker 3: a big commitment.
515
00:23:56,840 –> 00:23:58,200
Speaker 2: And so I think there’s a little bit of a
516
00:23:58,220 –> 00:24:00,500
Speaker 2: pressure that you put on yourself when you’re here to
517
00:24:00,600 –> 00:24:02,900
Speaker 2: make the most out of every dollar to really get
518
00:24:02,920 –> 00:24:05,790
Speaker 2: that back. So that isn’t a it’s going to be
519
00:24:05,810 –> 00:24:07,379
Speaker 2: a moment in time. And then a month from now,
520
00:24:07,400 –> 00:24:07,730
Speaker 2: we’re going.
521
00:24:07,660 –> 00:24:08,359
Speaker 1: To forget about it.
522
00:24:08,440 –> 00:24:10,790
Speaker 2: You work very hard throughout the year to ensure that
523
00:24:10,910 –> 00:24:11,470
Speaker 2: it delivers.
524
00:24:12,050 –> 00:24:16,250
Speaker 5: So two final questions for you guys. Can 2024, what’s
525
00:24:16,490 –> 00:24:18,209
Speaker 5: one thing that each of you are hoping to get
526
00:24:18,270 –> 00:24:20,530
Speaker 5: out of this? And then we’ll go to our famous
527
00:24:20,550 –> 00:24:21,070
Speaker 5: last question.
528
00:24:21,270 –> 00:24:22,790
Speaker 4: But we’re only asking Amy this time.
529
00:24:23,050 –> 00:24:27,100
Speaker 1: Yes. Oh, thank you. I’m running out of stuff. Like,
530
00:24:27,320 –> 00:24:28,360
Speaker 1: I’m just not that brave.
531
00:24:29,540 –> 00:24:31,379
Speaker 4: I think your first two were pretty darn good, but
532
00:24:31,560 –> 00:24:33,100
Speaker 4: we’re going to give you a break this time.
533
00:24:33,119 –> 00:24:33,400
Speaker 1: Thank you.
534
00:24:33,460 –> 00:24:34,639
Speaker 4: But let’s go to the first question.
535
00:24:35,280 –> 00:24:37,879
Speaker 5: So one thing you want to get out of Can 2024. Yeah.
536
00:24:38,240 –> 00:24:40,960
Speaker 2: So when I think back to last year, so much
537
00:24:41,040 –> 00:24:42,879
Speaker 2: came out of it. And so similar to what I
538
00:24:42,880 –> 00:24:45,680
Speaker 2: was just saying about the ROI. I truly want to
539
00:24:45,720 –> 00:24:49,149
Speaker 2: get activations that work really well for our business out
540
00:24:49,170 –> 00:24:51,630
Speaker 2: of this week. And so I will not leave this
541
00:24:51,670 –> 00:24:56,150
Speaker 2: week without either promises or agreements, knowing that I’m going
542
00:24:56,190 –> 00:24:58,969
Speaker 2: to do something about the meetings that we’re having and
543
00:24:58,990 –> 00:25:01,060
Speaker 2: the conversations that we’re having to make it work for
544
00:25:01,119 –> 00:25:01,600
Speaker 2: the business.
545
00:25:02,080 –> 00:25:02,980
Speaker 3: I’m hoping to leave a list.
546
00:25:03,619 –> 00:25:06,040
Speaker 1: I think that’s twofold for me. One is access. I
547
00:25:06,060 –> 00:25:09,359
Speaker 1: think the cool thing about these conversations is it’s really
548
00:25:09,440 –> 00:25:13,869
Speaker 1: not about hey, Mrs. Marketer, here’s our packages. You can
549
00:25:13,970 –> 00:25:16,290
Speaker 1: choose package A, B, and C. It really is that
550
00:25:16,350 –> 00:25:19,330
Speaker 1: co-creation and really talking about the potential. So I’m hoping
551
00:25:19,650 –> 00:25:22,369
Speaker 1: that we get a lot more of those serendipitous moments
552
00:25:22,410 –> 00:25:25,240
Speaker 1: where we do that. Can’t share all our secret sauce here,
553
00:25:25,300 –> 00:25:26,979
Speaker 1: but there’s a lot of cool things that we’ve been
554
00:25:27,000 –> 00:25:29,740
Speaker 1: able to pull from last year that I want to
555
00:25:29,760 –> 00:25:32,180
Speaker 1: just build upon. But I think for me, and this
556
00:25:32,260 –> 00:25:35,100
Speaker 1: is my soapbox, I just think it’s so critical for
557
00:25:35,180 –> 00:25:37,810
Speaker 1: us as an industry. You know, we can’t just talk
558
00:25:37,869 –> 00:25:41,139
Speaker 1: about AI. We have to shape mold and be the
559
00:25:41,300 –> 00:25:43,939
Speaker 1: architects of the future of it for our industry. And
560
00:25:43,980 –> 00:25:47,590
Speaker 1: that means making sure underrepresented groups are a part of
561
00:25:47,609 –> 00:25:51,209
Speaker 1: that conversation so it really reflects the society that we
562
00:25:51,250 –> 00:25:54,430
Speaker 1: live in. It means thinking about things like what does
563
00:25:54,490 –> 00:25:57,040
Speaker 1: it mean to be a creative? What is the power
564
00:25:57,080 –> 00:26:00,580
Speaker 1: that you wield when you start to leverage AI with talent?
565
00:26:01,060 –> 00:26:03,419
Speaker 1: And what does that look like? And how do we
566
00:26:03,480 –> 00:26:05,859
Speaker 1: as an industry want to make sure that we’re not
567
00:26:05,880 –> 00:26:08,080
Speaker 1: just waiting for somebody else to tell us what it is,
568
00:26:08,119 –> 00:26:12,150
Speaker 1: that we’re actually driving, shaping that conversation and making sure
569
00:26:12,470 –> 00:26:15,860
Speaker 1: that everyone has the same amount of access. I do
570
00:26:15,890 –> 00:26:18,960
Speaker 1: think we mixed the mark with the internet and really
571
00:26:19,000 –> 00:26:22,200
Speaker 1: allowed the few to really define what that looked like
572
00:26:22,260 –> 00:26:24,720
Speaker 1: for us and we’re paying the price of that. I
573
00:26:24,740 –> 00:26:27,250
Speaker 1: think there was a missed opportunity for us with social
574
00:26:27,290 –> 00:26:30,530
Speaker 1: as well and we’re at a Interesting point where AI,
575
00:26:30,550 –> 00:26:32,429
Speaker 1: where it’s not just about the cool stuff and the
576
00:26:32,490 –> 00:26:35,169
Speaker 1: robots and all of that. It’s really around who we
577
00:26:35,190 –> 00:26:36,409
Speaker 1: want to be as humans, what we want to be
578
00:26:36,450 –> 00:26:38,580
Speaker 1: as a society, and how we want to make sure
579
00:26:38,859 –> 00:26:40,440
Speaker 1: that we’re all represented in that space.
580
00:26:40,720 –> 00:26:42,500
Speaker 5: So open AI, if there’s a meeting at Cannes, you
581
00:26:42,520 –> 00:26:43,260
Speaker 5: better invite Diana.
582
00:26:43,280 –> 00:26:43,960
Speaker 3: That’s right.
583
00:26:44,740 –> 00:26:47,280
Speaker 5: So Amy, Diana gets a pass because she’s been asked
584
00:26:47,300 –> 00:26:48,720
Speaker 5: this far too many times.
585
00:26:48,880 –> 00:26:49,780
Speaker 3: She has good answers, too.
586
00:26:50,340 –> 00:26:51,900
Speaker 5: What’s the bravest thing you’ve ever done?
587
00:26:53,600 –> 00:26:55,760
Speaker 2: This may not be the most traditional, but I would
588
00:26:55,800 –> 00:26:59,450
Speaker 2: say I do the work. So I think very often
589
00:26:59,510 –> 00:27:03,229
Speaker 2: I’ve been in situations where I either probably shouldn’t have
590
00:27:03,260 –> 00:27:05,560
Speaker 2: been there or didn’t have the knowledge to be in
591
00:27:05,600 –> 00:27:09,080
Speaker 2: the room. And I’ve had the humility to understand that,
592
00:27:09,180 –> 00:27:11,619
Speaker 2: take it back, and do the work. And so if
593
00:27:11,660 –> 00:27:13,919
Speaker 2: I think back to technology when I was at Campbell’s
594
00:27:13,960 –> 00:27:16,300
Speaker 2: or prior companies, I was very often in a room
595
00:27:16,359 –> 00:27:18,570
Speaker 2: with a lot of people, very often a lot of men,
596
00:27:18,940 –> 00:27:20,510
Speaker 2: who knew so much more than me.
597
00:27:20,590 –> 00:27:22,230
Speaker 3: And so what I did was I went back and
598
00:27:22,250 –> 00:27:24,070
Speaker 3: I did all the work on my own. I would
599
00:27:24,190 –> 00:27:25,270
Speaker 3: outreach to other companies.
600
00:27:25,350 –> 00:27:28,190
Speaker 2: I would put myself in very vulnerable positions to say,
601
00:27:28,250 –> 00:27:30,389
Speaker 2: I don’t know something, but I really want to learn.
602
00:27:30,890 –> 00:27:32,889
Speaker 2: And I did so much work that I would go
603
00:27:32,950 –> 00:27:35,540
Speaker 2: back and then they would say to me, you know
604
00:27:35,560 –> 00:27:39,680
Speaker 2: more than I do. And I think the constant humility
605
00:27:40,020 –> 00:27:43,020
Speaker 2: and trying to just be better and know more is
606
00:27:43,119 –> 00:27:46,060
Speaker 2: why I’m able to get the things done that we
607
00:27:46,100 –> 00:27:49,100
Speaker 2: do together all of the time. So I would say
608
00:27:49,119 –> 00:27:51,030
Speaker 2: that’s probably the bravest thing is just having that humility
609
00:27:51,290 –> 00:27:52,030
Speaker 2: and going back on it.
610
00:27:52,369 –> 00:27:54,550
Speaker 1: And why you’re typically the smartest person in the rooms
611
00:27:54,590 –> 00:27:55,280
Speaker 1: that I’m in with you.
612
00:27:55,290 –> 00:27:55,970
Speaker 3: Well, thank you, now.
613
00:27:56,230 –> 00:27:57,350
Speaker 1: Well, thank you. You can go to the meetings.
614
00:27:58,090 –> 00:27:58,570
Speaker 3: Exactly.
615
00:27:59,770 –> 00:28:03,460
Speaker 4: Well, thanks very much to Amy and Diana for joining
616
00:28:03,700 –> 00:28:07,679
Speaker 4: us here on this lovely beach. And for those of
617
00:28:07,740 –> 00:28:10,480
Speaker 4: you who are looking to make the business case to
618
00:28:10,619 –> 00:28:15,399
Speaker 4: your leadership, feel free to share this episode. Tell a friend.
619
00:28:15,420 –> 00:28:17,869
Speaker 3: Subscribe. Leave us a review.
620
00:28:18,230 –> 00:28:19,570
Speaker 4: Thanks, and join us next week.
621
00:28:20,680 –> 00:28:22,810
Speaker 3: Thank you. It was awesome.
622
00:28:39,190 –> 00:28:43,150
Speaker 6: Hi, I’m Jackie Cooper, Global Chief Brand Officer at Edelman
623
00:28:43,190 –> 00:28:45,950
Speaker 6: and the host of Touch of Truth, a new podcast
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Speaker 6: launching on the Adweek Podcast Network. My dad gave me
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Speaker 6: this incredibly smart piece of advice. Meet everyone once. As
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Speaker 6: a result, I’ve met some of the most fascinating and
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Speaker 6: inspiring people on the planet. Now on Touch of Truth,
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Speaker 6: we’re coming centre stage and sharing the mic to experience
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Speaker 6: stories of truth, insights and visions for the future that
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Speaker 6: will challenge your way of thinking. Touch of Truth is
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Speaker 6: available wherever you listen to podcasts. New episodes come out
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Speaker 6: every Tuesday. I do hope to see you there.