Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:With One Finger Swipe You Can Lose a Client Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, February 6, 2014

With One Finger Swipe You Can Lose a Client

Reported by Tommy Fernandez

The days of the advertising hard sell, if it ever worked, is surely gone now.

Just ask Mark McKenna, global head of marketing for Putnam Investments.

His firm is launching in earnest the second half of the New Ways of Thinking Campaign this weekend with a multimedia "blitz" on a variety of venues, including the Internet and paper. The previous chapter of this campaign had been launched in February 2013.

"We are going to be deliver millions of impressions across print and social media," McKenna told MFWire. "it will be a multimedia campaign across major publications, in print and the Internet. It will appear on iPad applications, web pages and in social media."

The initiative is largely designed to be an education campaign, chock full of content on what's up in the markets, and investment strategies, what have you. Sample content includes updates on what's up with the European markets and the luxury goods market in Latin America.

"This is not about 'Here is a product,'" says McKenna. "It's about 'Let me understand what is happening in the market at a broader level. Let's have a dialogue about where your risks are, where are your assets,' and so on. And then, and only then, after you have provided the content, then maybe you can start talking about products."

One of the primary goals of the campaign, he said, is to provide enough talking points and resources so that advisors can kick up their conversations with the clients, gain a higher level of trust, and then hopefully generate interest in what Putnam has to offer.

"We would like to see that we have helped advisors improve their dialogue with their clients. The most important feedback we can get is something like 'I love the commentary you provide me on the web on this subject,'" he said.

To ensure the utility of all these content vehicles, McKenna and his team will keep constant tabs on the web traffic for all of the different elements, crafting new content in response to what these figures tell them.

And they can do it too. All of Putnam's marketing and advertising operations are handled in-house. Everything is written, developed and filmed by Putnam staff. The firm even has its own HD filming studio.

"We actually do all of this, here at Putnam, as part of our global marketing group. We have an in-house studio, as well as design and editing facilities. All of work at Putnam emanates from here," he said.

Controlling, refining and evolving the quality of the content is key for engaging the public, McKenna said.

"With traditional product ads, people now have a tendency to look at and say 'Oh. Here is another product ad,' and then they swipe away from the ad on their iPad. You really are just a finger-swipe away from losing your audience. You have to provide information and news to engage people. It's a multi-stage dialogue," he said. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2025: Q3Q2Q1
2024: Q4Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly


    Sorry, no records in the database matched your search parameters. Clich back and try again.



  1. Nicsa webinar - New research by Alex Edmans and the Diversity Project - The Power of diverse thinking: How the best teams make decisions, July 1
  2. MFDF Director Discussion Series - Open Forum, July 9
  3. MFDF webinar - Mid-Year Tax Update for Registered Investment Companies, July 10
  4. MFDF Director Discussion Series - Open Forum (Philadelphia), July 15
  5. 2025 MMI Women in Advisory Solutions Forum, Jul 15-16
  6. Nicsa webinar - How Trusted GenAI is Transforming Data Access in Asset Management, July 16
  7. MFDF webinar - M&A and Consolidation in Asset Management, July 16
  8. MFDF webinar - ETF Conversions, July 17
  9. MFDF Director Discussion Series - Open Forum (New York), July 22
  10. MFDF Ask Anything webinar - AI Edition, July 24
  11. MFDF webinar - Use of Derivatives by RICs, July 29
  12. MFDF Director Discussion Series - Open Forum (Columbus, Ohio), August 20
  13. Samfund Soiree Boston 2025, August 21
  14. MFDF webinar - The Audit Committee Chair's Guide to Balancing Duties and Emerging Issues, September 3
  15. ICI ETF Conference, Sep 8-10
  16. Nicsa webinar - Reimagining Reconciliation: AI, Regulation, and Capital Markets Transformation, September 10
  17. MFDF webinar - Series Trust Funds - Compliance and Board Reporting, September 10
  18. MFDF In Focus - Board Oversight of DEI in Current Landscape, September 11
  19. MFDF webinar - MFDF 15(c) White Paper Webinar Series: Part 4 – Enforcement Action Takeaways, September 16
  20. MFDF webinar - Latest in Closed-End Funds Litigations, September 23
  21. MFDF webinar - Fixed Income Insights: Navigating Market Trends & Opportunities, September 24
  22. MFDF webinar - Risk Management Essentials for RICs and Boards, September 29
  23. MFDF webinar - Diligent - Tools for Fund Board Book, October 1
  24. 10th annual Fuse Forum, October 8
  25. MFDF webinar - Essential Strategies in Board Oversight of Operational Risk Management, October 14
  26. 2025 MMI Annual Conference, Oct 15-17




©All rights reserved to InvestmentWires, Inc. 1997-2025
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use