HOME

TheInfoList



OR:

Rex Briggs (born 1971) is an author, award winning
marketing ROI Return on marketing investment (ROMI) is the contribution to profit attributable to marketing (net of marketing spending), divided by the marketing 'invested' or risked. ROMI is not like the other 'return-on-investment' (ROI) metrics because ma ...
researcher. He began his career at Yankelovich Partners, where he was noted for his work in
Generation X Generation X (or Gen X for short) is the Western demographic cohort following the baby boomers and preceding the millennials. Researchers and popular media use the mid-to-late 1960s as starting birth years and the late 1970s to early 1980s ...
Minority marketing. While at Yankelovich, he is noted for developing a theory called “The Psychology of disenfranchisement.” Briggs was among the first to research the Internet. Briggs is responsible for several innovations in
digital marketing Digital marketing is the component of marketing that uses the Internet and online based digital technologies such as desktop computers, mobile phones and other digital media and platforms to promote products and services. Its development dur ...
. In 1995, Briggs joined
Wired ''Wired'' (stylized as ''WIRED'') is a monthly American magazine, published in print and online editions, that focuses on how emerging technologies affect culture, the economy, and politics. Owned by Condé Nast, it is headquartered in San Fran ...
, as Director of Research, focusing on their digital brand
HotWired ''Hotwired'' (1994–1999) was the first commercial online magazine, launched on October 27, 1994. Although it was part of the print magazine ''Wired'', ''Hotwired'' carried original content. History Andrew Anker, Wired's then Vice Pres ...
. He created the first study of Web banner advertising effectiveness. The research is notable because it was the first application of random sampling online, and used design of experiments to measure the in-market impact of online advertising. Briggs and his team at HotWired innovated one-to-one web marketing to deliver personalized content, and real-time web analytics, known as “HotStats”.


Online Advertising Measurement

In 1997, Briggs founded MBInteractive, with Joshua Grossnickle and Oliver Raskin under the ownership of
WPP plc WPP plc is a British multinational communications, advertising, public relations, technology, and commerce holding company headquartered in London, England. It was the world's largest advertising company, as of 2019. WPP plc owns many compan ...
. At MBInteractive, Briggs continued his work on marketing effectiveness creating the widely cited 1997 IAB Advertising Effectiveness Study., and inventing an early version of behavior targeting with leading online ad servers. During this period, Briggs coined the marketing terms “brand impact” and " Surround sound marketing.”


Marketing ROI Measurement

In 2000, Briggs founded Marketing Evolution. At Marketing Evolution, Briggs created a new form of research called “cross media research” (now known as multi-touch attribution and unified measurement). The research, referred to as "XMOS" for a time began with The Dove Nutrium Bar study. It was the first of its kind in that it showed the ROI of online advertising side by side with Television in Magazine, and thus provided insight on the share of the marketing budget that should be devoted to Online advertising in comparison to other media. The cross-media research expanded to other brands, and was publicized globally by the IAB and Microsoft, with Briggs co-presenting the results of the cross-media research with
Bill Gates William Henry Gates III (born October 28, 1955) is an American business magnate and philanthropist. He is a co-founder of Microsoft, along with his late childhood friend Paul Allen. During his career at Microsoft, Gates held the positions ...
and
Steve Ballmer Steven Anthony Ballmer (; March 24, 1956) is an American business magnate and investor who served as the chief executive officer of Microsoft from 2000 to 2014. He is the current owner of the Los Angeles Clippers of the National Basketball Assoc ...
at various locations around the world. In January 2006, BusinessWeek’s cover story, entitled “Math Will Rock Your World” featured Briggs ROI marketing analysis. Later that year, Briggs expand the research connecting online advertising to offline sales and published the cross-media measurement for the Ford F-150 campaign launch.


Book: What Sticks

In 2006, Briggs co-authored the book What Sticks, Why Advertising Fails and How To Guarantee Yours Succeeds (), d Agenamed What Sticks the #1 book in marketing, and included Briggs among the 10 people who made their mark. Ad Age devoted a cover story to the book in August 2006. What Sticks has been widely cited for answering
John Wanamaker John Wanamaker (July 11, 1838December 12, 1922) was an American merchant and religious, civic and political figure, considered by some to be a proponent of advertising and a "pioneer in marketing". He was born in Philadelphia, Pennsylvania, a ...
’s quote, “Half the money I spend on advertising is wasted; the trouble is I don’t know which half.” Briggs and co-author Greg Stuart analyzed three-dozen blue-chip brand campaigns on behalf of marketing CMOs and calculated that 37 percent of advertising investment was wasted. Reasons for the waste include failure to understand underlying customer motivations for buying, ineffective messages and inefficient media mix investment (pg 19-20). Briggs and Stuart suggestions for reducing waste in marketing were amplified by Bob Liodice, President of the
Association of National Advertisers The Association of National Advertisers (ANA) represents the marketing community in the United States. Its headquarters is in New York City and it has another office in Washington, D.C. ANA's membership includes over 600 companies with 25,000 b ...
in an op-ed in Ad Age entitled "Marketers, Get Serious About Accountability. Their suggestion about improving ROI through systematic investment in innovation was emphasized by Mark Renshaw in his Ad Age op-ed entitled "The '70/20/10 Rule' and Why You Need It What Sticks is required reading at leading Universities including
Wharton School of the University of Pennsylvania The Wharton School of the University of Pennsylvania ( ; also known as Wharton Business School, the Wharton School, Penn Wharton, and Wharton) is the business school of the University of Pennsylvania, a private Ivy League research university in P ...
and Harvard.


Social Media ROI

In 2007, Briggs advanced research in
social media marketing Social media marketing is the use of social media platforms and websites to promote a product or service. Although the terms e-marketing and digital marketing are still dominant in academia, social media marketing is becoming more popular for ...
with MySpace, Adidas, and Electronic Arts. He and his team at Marketing Evolution documented what he termed "The Momentum Effect" which is the influence of friend to friend sharing of marketer's messages in social networks. His work in this area was cited in books including Emmanuel Rosen's The Anatomy of Buzz Revisited (), and Groundswell (), by Charlene Li and Josh Bernoff (pg 8), and The Chaos Scenario () by Bob Garfield. In 2011, Briggs announced that social media effects can be predicted, and accountable like other media.


Marketing Technology

Briggs has published on the topic of marketing technology and automation starting in 2000 in a paper that won an Excellence in International Research from
ESOMAR ESOMAR is a membership organization for market, social, and opinion researchers that was founded in 1947. The name ESOMAR is an abbreviation of their original name, the European Society for Opinion and Marketing Research, which reflects the ori ...
. In 2011 he articulated how software to optimize budget planning forms a collective brain, and could be extending to the application of technology to proactively distribute marketing best practices in the marketing process. Briggs argues that SIRFs (Spend to Impact Response Functions) will be the "Face of Marketing" and the integration into software will be "transformative."


Book: SIRFs-Up: The Story of How Spend To Impact Response Functions (SIRFs), Algorithms And Software Are Changing The Face of Marketing

In 2012, Briggs published SIRFs-Up. Ad Age covered the book upon its release. Part 1 explained how SIRFs have become increasingly used by marketers, starting with a case study from Victoria's Secret in the US and concluding with a case study from AB-InBev, in Latin America. Briggs explains that SIRFs represent an optimized ordering of marketing spend, and produce a diminishing a returns curve where incremental spending produces less incremental value. Part 1 briefly explains the math of measuring SIRFs, and focuses on SIRFs use in marketing measurement of Return On Investment (ROI), media planning, and business planning. Briggs uses several case studies from well known brands to illustrate the points. Part 2 provides a marketing framework that has customer insights at the center, with content development and amplification following the customer insights. Different content and amplifications strategies are reviewed. Briggs' discusses his research findings on social media (the Momentum Effect) and the importance to marketers. Part 3 focuses on Marketing and Media Planning. The section starts with an audit of the brands current levels of advocacy and awareness, and the "big ideal" (or brand purpose). Briggs argues that different business types need to approach marketing differently. Briggs explains that generalizations about marketing often are met with skepticism because there are significant differences in how a business should market based on the business type. For example, a business with a narrow customer base of a few hundred potential customers is vastly different than one with more than a hundred million customers. The dimensions in the Briggs-Matthews business typing tool are: 1) Marketing Led vs. Sales Led, 2) Narrow customer base vs. Broad customer base, 3) Top-dog vs. Underdog, 4) Sell through channel vs. direct, 5) Purchased frequently vs. infrequent, and 6) Left-brain (rational) vs. Right-brain (emotional) vs. No-brainer (habitual). Briggs provides a tool for companies to type themselves, and to see the implications of different types on marketing strategy and tactics. Part 4 addresses how to use SIRFs by "renting them" from companies with impact benchmarks, or gathering your own SIRFs through primary research such as multi-touch attribution analysis. Part 5 predicts how marketing will be transformed by technology. Briggs predicts the merging of BI (Business Intelligence) MRM (Marketing Resource Management) and EMM (Enterprise Marketing Management) as business fully integrate consumer intelligence data and SIRFs into the entirety of business operations. Briggs address the changing role humans in an increasingly technology driven field. Part 6 is a series of case studies putting all the concepts discussed in the book to practice.Briggs, SIRF-Up, Catching The Next Wave In Marketing,


References

{{DEFAULTSORT:Briggs, Rex 1971 births Living people