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The risk of not taking risks
Bob Cope
Senior Content Manager
Macmillan Cancer Support
7 March 2019
The risk of not taking risks
Bob Cope - Senior Content Manager
Risk



• A situation involving exposure to danger.

• The possibility that something unpleasant or unwelcome will happen.

• A person or thing regarded as a threat or likely source of danger. 

• The possibility of financial loss.

Risk aversion


“We really want to try something new and bolder!”
Risk aversion
Risk aversion
• Risk aversion
What’s stopping us? 



Repetition - easier for clients to manage, predictable product, predictable outcome (?)
Worried about bottom line - taking the least chances to not make target ROI
Staying in brand centre - looking for precedent, avoiding the fuzzy edges
Offence or alienation - turning off existing and committed audiences
Confidence or vision - not having a strong conceptual basis
Permission to fail (and learn)


Financial prudence - responsibility to donors / scrutiny of third sector
• UGC lead series of 9 videos and a Facebook Q&A
• 350k organic Facebook views, most socially engaged video
• Personal responses
• Charity Film Award - collected by Tyler
• Thanks from Charlie’s family

• Handing over editorial control to Charlie - final say
• Committing to a series without knowing the outcome - posting real time
• Putting Charlie and her family centre stage on social - moderation
• The affect on audiences of Charlie’s particular journey - faq’s

• Consent of participants - family, health professionals

• Letting Macmillan feature naturally
The risk of not taking risks



Law of diminishing returns - challenging FR climate
Preaching to the converted - GDPR, less warm contacts in the short term
Lack of distinctiveness in a crowded market - rise of video content (without branding?)
Lack of relevance - nothing new to say (message and delivery)
Not responsive to changing attitudes and habits, popular culture
Cut through - cluttered and Brexit obsessed news cycle
How to remove the risk from trying new things



Choose the right area of content - utility vs hero / targeted vs mass


Incremental low level test - to establish new style, format, tone of voice
Insight - user involvement from start, user testing a key points, multi-variate
See the value - look through all data to see where performance was strong
Admit failure and socialise the learning
Create the space - un branded, partially branded, partnership

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The risk of not taking risk

  • 1. The risk of not taking risks Bob Cope Senior Content Manager Macmillan Cancer Support 7 March 2019
  • 2. The risk of not taking risks Bob Cope - Senior Content Manager
  • 3. Risk
 
 • A situation involving exposure to danger.
 • The possibility that something unpleasant or unwelcome will happen.
 • A person or thing regarded as a threat or likely source of danger. 
 • The possibility of financial loss.

  • 5. 
 “We really want to try something new and bolder!” Risk aversion
  • 8. What’s stopping us? 
 
 Repetition - easier for clients to manage, predictable product, predictable outcome (?) Worried about bottom line - taking the least chances to not make target ROI Staying in brand centre - looking for precedent, avoiding the fuzzy edges Offence or alienation - turning off existing and committed audiences Confidence or vision - not having a strong conceptual basis Permission to fail (and learn) 
 Financial prudence - responsibility to donors / scrutiny of third sector
  • 9.
  • 10. • UGC lead series of 9 videos and a Facebook Q&A • 350k organic Facebook views, most socially engaged video • Personal responses • Charity Film Award - collected by Tyler • Thanks from Charlie’s family

  • 11. • Handing over editorial control to Charlie - final say • Committing to a series without knowing the outcome - posting real time • Putting Charlie and her family centre stage on social - moderation • The affect on audiences of Charlie’s particular journey - faq’s
 • Consent of participants - family, health professionals
 • Letting Macmillan feature naturally
  • 12.
  • 13. The risk of not taking risks
 
 Law of diminishing returns - challenging FR climate Preaching to the converted - GDPR, less warm contacts in the short term Lack of distinctiveness in a crowded market - rise of video content (without branding?) Lack of relevance - nothing new to say (message and delivery) Not responsive to changing attitudes and habits, popular culture Cut through - cluttered and Brexit obsessed news cycle
  • 14. How to remove the risk from trying new things
 
 Choose the right area of content - utility vs hero / targeted vs mass 
 Incremental low level test - to establish new style, format, tone of voice Insight - user involvement from start, user testing a key points, multi-variate See the value - look through all data to see where performance was strong Admit failure and socialise the learning Create the space - un branded, partially branded, partnership