Tag Archive for: cannabis advertising

Meet Michael Rosenfeld VP of Business Development at Cannavu. Michael is a cannabis advertising expert with the marketing chops to back up all his advice.  Michael’s passion for brand building has been a career-long journey that made him into the cannabis industry advertising expert he is today.

First, a little background about Michael:

Since my youth, I’ve always loved awesome branding.

I think it started in my skateboarding days when the coolest skaters had the most awesome board designs and shapes. That passion to create visceral experiences guided me to marketing, advertising, and media where over the next 20 years I worked with brands from Apple to SEGA, FOX Sports, MTV, Beats by Dre to the Viceroy Hotel Group, and a ton of action sports labels.

Today I take that passion and experience in integrated media and work with client companies to create smart campaigns that best position them to attract the right customers authentically.
And though I don’t skate anymore, I do love going into skate and surf shops just to see what ‘the cool kids’ are staring at.

What were you doing prior to cannabis?

I have been in advertising and media for 20 years, working as a lead strategist and head of sales for agencies serving brands in fashion, action sports, entertainment, hospitality, and consumer tech.

As an agency owner and consultant, I love working with brands (and the people that guide them) to improve their chances for success.

When did you first start working in cannabis?

Since going to college up in San Francisco in the early 90s you can say Ive worked on-and-off in cannabis. But I officially began in this new legal-cannabis generation in 2019 when I became the Head of Sales and Strategy for CannaVu, at the time, the largest digital ad platform serving cannabis and CBD marketers.

Do you sit on any marketing or cannabis industry boards or associations that you’d like to mention?

Not currently.

Formerly Strategic Advisor to ALTRD.TV, and Industry Council member of WeedWeek.

What lesson did you learn BEFORE cannabis that’s been most valuable in cannabis?

Building a brand that people love takes time and effort. The authenticity of a ‘core’ brand can’t be bought, it must be lived, and earned.

With the meteoric rise and interest in the cannabis industry countless companies have entered the market, and too many of them rush to market without understanding how important building a brand really is, and how much work is really required.

Is there a particular cannabis project you’d like to highlight?

I’m really excited about the new technology we’re bringing to the category that revolves around dispensary visitor data. Being able to identify traits of customers that visit one dispensary over another and how to market each type with accuracy.

These insights will enable us to build audience segments we can then market to with more intent and authenticity.

What’s the biggest misconception cannabis companies have about branding, advertising, marketing, PR, and social media?

The biggest misconception, or rather, misstep, by many brands is thinking that if you build it (or grow it) they will come and that advertising/media is not important in building brand awareness.

Cannabis has evolved from a retail sales experience to an industry that requires a digital presence, so it is very important to have a strong digital experience and support it w a digital media strategy to help create awareness, and sales. As customers become more interested and research brands and dispensaries before they purchase, they are being hit with competing brands advertising. Make sure you’re playing at the same level to capture those hearts and minds as they surf the web looking for the new product.

In your view, what is the biggest branding/marketing/advertising challenge facing cannabis companies today?

One of the biggest challenges for brands in cannabis is the lack of ‘traditional’ methods to advertise and be discovered. We are unable to buy Facebook ads, or PPC/SEM, or run fun direct social media programs without the potential of being flagged and removed from the platform. So we are forced to put together campaigns that don’t have the level of targeting and scale non-regulated industries have the luxury to use.

This, coupled with state-by-state differences in compliance makes for confusion amongst brands and their advertising partners.

What will get easier in cannabis marketing/branding/pr, what will get harder?

Things become easier as brands mature, and marketers learn to navigate w the tools available, as advertising platforms merge to offer integrated solutions that capture customers at awareness and reconnect w them down the ‘funnel’ to purchase creating predictable ROAS.

However, compliance, competition, education, market maturity, or lack thereof will still mean that brands have headwinds to deal with when wanting to run effective campaigns to grow and scale.

What can companies do to alleviate their branding/marketing/PR/advertising challenges?

As the industry matures, working with experienced and knowledgeable branding, advertising, and PR partners will be key to success.

In your view, what is the most underrated tool in the branding/marketing/advertising/PR toolbox for cannabis companies?

The most underrated tool is Retargeting.

Companies spend a lot of money to drive customers to a site, social tactics, PR, dis[play advertising, email marketing, but very few are implementing a retargeting line to drive them back.

Lest then a 1% of customers buy in the first site visit. You need to re-message them to remind them you exist and come back to your site.

Another underrated tool is building your SEO. People naturally go to ‘search,’ yet not all companies are versed in best use-case seo tactics.

In your view, what is the most over-rated tool in the branding/marketing/advertising/PR toolbox for cannabis companies?

Social Media, namely Instagram.

Spending time creating content to get banned, or shadow banned.

Looking at vanity metrics to see engagement, but do these customers actually live in your area? Are they destined to buy? Social is so transient that very few brands are making money w social media posts.

What’s the BEST piece of advice you give everyone you work with?

Know your market, your competitors, your true customers, and then work with someone that truly knows how to build a plan to help you grow sales and awareness based on your stage and position in the market.

What’s your advice for people who want to get into cannabis marketing/advertising/pr/branding?

Learn from people that have done this before so you know what you can do, and then do it better.

Thanks, Michael, you really are a cannabis advertising expert.

How can people get in touch with you?

My personal site
My business site
My LinkedIn

This post originally appeared at avaansmedia.com.

Meet Chris Shreeve, cannabis advertising expert for programmatic ad buys.

Based in Seattle, not only is Chris co-founder of PrograMetrix, a nationally recognized programmatic advertising agency for cannabis brands (not “just” CBD) he is also the co-owner of The Bakeree dispensary.

First, a little background about you, Chris:

Digital advertising veteran, specifically in programmatic advertising technology and services. Started PrograMetrix in 2015. Co-owner of The Bakeree dispensaries in Seattle. That intersection between cannabis retail owner and agency co-founder is why our agency has seen success in the space.

What were you doing prior to cannabis?

While PrograMetrix highlights our work in the cannabis space, we also have incredible mainstream clients that we support outside of the space. I have always been in advertising, technology and marketing but we found white space in the cannabis industry and wanted to bring our expertise to the space.

When did you first start working in cannabis?

My brother started selling medical cannabis in Seattle, WA 8-9 years ago before the state went recreational. I always knew that there would be a time when the cannabis space would need mainstream marketing and cannabis advertising solutions but it was years before there was enough tech and data to dive into the space.

Do you sit on any industry boards or associations that you’d like to mention?

I always recommend Cannabis Marketing Association to new cannabis marketers!

What lesson did you learn BEFORE cannabis that’s been most valuable in cannabis?

Solve a problem, don’t just sell a product/service. Everyone wants to create a cannabis or CBD product but many don’t have a unique selling proposition that resonates with a specific audience. Build a brand and product/service line to solve a need for a specific audience and be the best solution for your target market.

What’s the biggest misconception cannabis companies have about cannabis advertising?

That because Google and Facebook regulate cannabis and CBD brands on their platforms, you can’t advertise your product online. There are thousands of sites, apps, and platforms that allow cannabis advertising and that can be accessed through programmatic advertising. Retarget your current customers online, reach new consumers on channels like video, audio, or streaming tv services.

In your view, what is the biggest cannabis marketing & branding challenge facing cannabis companies today?

Many brands are looking for the silver bullet and believe that paid advertising is it. It’s not. It is one channel that can support a broader marketing initiative but it can’t be the only focus. You need to build a brand and that doesn’t always require an ROI for every dollar you spend on marketing.

What will get easier in cannabis marketing & branding? What will get harder?

We will gain more access to mainstream advertising channels. More sites, apps, and platforms are going to accept cannabis but it might be too late. Instead of waiting for Google or Facebook to change their ad guidelines, optimize your current marketing mix to the best of your ability. Go digital before your competitors and find new technologies and channels that differentiate your brand online.

What will get harder… competition. More mainstream brands are coming into the space and there will continue to be consolidation, making the larger brands even bigger and taking market share from the smaller companies. Don’t get left behind, build your brand NOW.

What can cannabis companies do to alleviate their cannabis PR and branding challenges?

It is incredibly important to hire an internal marketer to lead the communication of the business to the market. Many smaller brands still haven’t fully invested in a marketing professional and you can tell. Let that marketing professional figure out what can be accomplished internally, then fill the gaps with experienced agency professionals for the more complicated and time consumer channels.

In your view, what is the most under-rated tool in the brand marketing toolbox for cannabis companies?

Website development.

Too many cannabis companies don’t invest enough in their website. Especially cannabis brands that don’t sell products directly from their site (DTC).

You might have one opportunity to catch the eye of a consumer online and if your website doesn’t tell the store of your brand in a compelling visual fashion, you might lose that customer forever.

In your view, what is the most over-rated tool in the branding toolbox for cannabis companies?

SEO. Now this might get me in trouble… BUT… everyone is trying to rank for “cannabis dispensary near me” or some generic keywords on their website. Many don’t leverage blog content enough but those that focus solely on SEO will miss out on many other marketing opportunities that can help differentiate your marketing mix.

What’s the BEST piece of advice you give everyone you work with?

Set realistic expectations. Don’t over-promise and under-deliver.

What’s your advice for people who want to get into cannabis marketing?

Show that you have a vested interest in the industry and not just marketing/advertising expertise. This industry is unique. Its products and services are still evolving but having an interest in the plant or industry at larger is incredibly valuable.

How can someone contact you, Chris?

https://programetrix.com/
Twitter @PrograMetrix
LinkedIn @ChrisShreeve

Thanks for sharing your cannabis advertising and branding insights with us today, Chris, you rock!