A few days ago I attended a morning of the second Adtech Sydney, after last year chairing the keynote panel on the new media mix and the panel on blogs as a marketing tool last year. The event has progressed over its very promising start last year, with apparently around 30% more attendees, and an exhibition sprawling into new rooms. It is certainly a major convening point for the industry in Australia, with most of the major players involved or attending.
I spoke on the panel session on Innovation in the Digital Marketplace, together with Karim Temsamani, General Manager of Google Australia/ NZ, Simon Smith, Managing Director of eBay Australia, and Warren Lee, CEO of APN Online. Matt Whale, Director of ?WhatIf!, moderated the panel. I think it was a good session, with us managing to address some of the important points in what is a rather sprawling topic, though perhaps we agreed a bit too much…
A few of the points that I made were:
* Levels of innovation. There is much focus on innovation at the product (new services) and channel (new uses of combinations of digital channels for marketing such as Coke Studios, linking outdoor with SMS, Dell’s Ideastorm etc.) levels. However all of this happens in the context of business model innovation, and ultimately industry structure innovation (for example the shift of the primary platform to social networks). While only a few are able to play effectively at the industry structure level, actually changing the game, any innovation at lower levels needs to take into account the state of industry structure or platform innovation.