I love college basketball and marketing.
That’s why I quickly grabbed my smartphone to learn more about Arrow Electronics after seeing their new Innovator’s Club commercial Saturday night during the NCAA Final Four men’s semifinal basketball game.
I needed to know more about who they were, what they were doing and why they decided to unveil a major new branding campaign during the Final Four.
After all, when a $20 billion company launches a branding campaign, I’m interested.
Arrow’s marketing is yet another example of a B2B company using consumer marketing channels to reach a business audience. That’s smart, though, as both audiences and communication vehicles continue to converge.
But, I’m still trying to figure out exactly what they’re doing. There are multiple objectives and you have to work a bit to make sense of and truly understand the depth of the communication (e.g., enabling “five years out” innovation). One question: will customers make the time to engage with the Arrow brand?
Oh, the launch ad is captivating and beautifully produced.
You can watch more of the campaign on Arrow’s YouTube page.
The company’s marketing chief described the strategy:
“This is the right time to define our identity to the broader marketplace and convey the extent of our reach across the technology landscape, and the true breadth of our offering, to customers, suppliers and employees.”
“The campaign aligns with Arrow’s focus on expanding into global markets, attracting the best talent and driving technology to inspire the next generation of courageous innovators to look five years out and create smart solutions that explore the boundaries of what’s possible and deliver what’s practical.” (Rich Kylberg, Vice President, Corporate Communications and Global Marketing)
The Innovator’s Club was created as an advertising idea to communicate Arrow’s corporate brand platform:
“The campaign builds on Arrow’s “Five Years Out” brand platform, the creative expression of Arrow’s unique vantage point across the entire technology landscape and ability to see trends long before they appear on the market.”
Yet, the branding campaign has a more general purpose. As described by the company, it’s “a multifaceted, multichannel awareness effort designed to promote the company’s leading position in the electronics supply chain and distribution industry and its communities.”
Is awareness really the marketing challenge?
After all, as a “supply channel partner for over 100,000 original equipment manufacturers, contract manufacturers and commercial customers through a global network of more than 470 locations in 55 countries,” Arrow seems pretty well-known (company website).
Nevertheless, according to The Denver Post: [Arrow] “remains largely anonymous outside the sphere of electronics and technology.” Then this from the company’s marketing chief:
“It would be nice if the rest of the world knows who we are.” (Richard Kylberg, Vice President of Corporate Communications and Global Marketing).
I think the campaign will generate attention. The key is what happens next. I hope Arrow has prepped its sales and customer facing teams to handle the likely questions and inquiries. Doing so can produce good outcomes if done well.
Note that Arrow’s post-TV launch marketing communication plans include reaching out to “stakeholders through media relations, social media, op-eds, and blogs.” (PR Week)
I am a bit concerned with the objectives, and how they’re tied together and prioritized. Besides corporate awareness generation, The Denver Post reported five more objectives:
“After making two dozen acquisitions in the past three years, Arrow needs a more unified identity . Promoting one brand rather than 30 represents a more efficient use of its marketing dollars, he said.” [Kylberg]
“Arrow also hopes a more recognizable corporate identity will give employees a greater sense of pride  and make it easier to win the attention of recruits , not to mention investors  and Wall Street analysts .”
Overall, Arrow has embarked on a signficant marketing and branding initiative, most likely with a sizable financial commitment. Hopefully, the marketing team has a tight scope, along with a set of tracking metrics, and senior management buy-in. I wish them success.
Arrow Electronics has invested in a major corporate branding campaign with an attention-getting idea called The Innovator’s Club. National TV was used to reach a B2B target. The marketing looks like it can produce the attention that Arrow seeks, although a full understanding and appreciation of the company’s message probably requires a bit of effort from customers.
Harvey Chimoff is a hands-on marketing leader and business-wide collaborator who builds marketing capabilities in B2B/B2C organizations that drive customer success.