digital world
TRANSCRIPT
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Our opinion/understanding
Evolving consumer eco-system
Challenges of the marketer
Content v/s Context (Effectiveness)
Tools(Digital analytics/behaviour)
Digital Workshop Learning - Flow
Decoding Applications
Conclusions
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Our Understanding of the Digital World
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“What ever is online is digital”
“Inexpensive Media”
“Create an ad and put it on Facebook…
Twitter…..Youtube”
How many people “Like” it!
How many people “Share”
How many “followers” do I have?
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World of today’s Consumer Our World
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Our Consumer has evolved
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The way they communicate
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The way they Shop
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The way they Travel
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The way they relax
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Even The way they Choose a Life partner
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Hence…….Our evolved consumer is….
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Always connected
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A Multi-tasker
Simultaneous Consumption of various media instead of sequential consumption
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More powerful
Because of the simultaneous two-way communication!......You cannot take consumer for granted anymore
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These consumers ACT as evangelists
They are always ….observing…sharing…exchanging….making opinions…and hence influencing everyone on the go!!!
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Evolving consumer-Consumption of content
Challenges of the marketer
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Evolving consumer-Consumption of content(Video: Native v/s immigrants)
Challenges of the marketer
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Evolving consumer-Fast paced lifestyle/Digital hyper tasking-Growing disposable income with the young & restless
Challenges of the marketer
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Evolving consumer-Abundant choice/influences->Demanding->Discerning->Loyalty is history(I flirt with brands)
Challenges of the marketer
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Challenges of the marketer
Evolving media/eco system-Media fragmentation
-(Relevant) Content-Regional/Special interest
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Challenges of the marketer
Evolving Media lifestyle-Cheaper smartphone/internet
-D2H Television-Crowdsourcing/UGC
-Crowd funding e.g. Public funded cinema(I am)
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Engagement is now…Digital is now
Digital Darwinism-Surrounded by smart technologies(GPS Navigation/Mobile gaming/Travel or Food applications/Online music)-Data travel fast and can be stored-Multiple choices for consumers for consuming content -Change is influenced by consumers, not by engineers. Change or perish e.g. Microsoft(Windows 8), BB, Publications(Online edition),SBI(Online),
Convergence-> One screen for each
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Engagement is now…Digital is now
Video: Social Media Revolution
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Digital/Mobile is the panacea
Retail landscape being fragmented in India, distribution has always been a challenge
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West have already hooked to the digital era-
Global examples: Nike+ sweat bands(Brand currencies)
Amazon to beat Walmart as the world’s biggest retailer by 2017
Appcessories: Google glass, Apple iWatch & Nike Fuel band
Effectiveness of digital media…..Abroad
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Effectiveness of digital media…India
India is not immune to global consumers
Brands(in India) who have exploited-Idea(Paperless transaction/Stop cutting trees)
- Naukri.com/Monster application(Mera pass maa hai)-Axis bank progresstogether.com
-Airtel Shazam integration-Even UPA is reported to launch an e-paper(130.6 million mobile
internet users expected by March 2014 by Iamai) -Airbnb
A few marketers(Coke/Microsoft/Airtel/Axis Bank) is testing water
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Digital Tools
Which will help us understand the digital world in a better way
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Why do we need tools?
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Know more… 5Ws
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Know more…How?
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Know more… about your Users! (Behavior)
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Do more… to Know more… (Use Tools)
TweetFeel
Google Trends
Alexa
Google Insights
Addict-O-Matic
BrandTags
Google Analytic
SpyFu
FB Insights
Social Bakers
Compete
QuantCast
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Decoding Application
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What’s the take away
• Digital is NOW!!!• Content Vs. Context• Relevant Communication is what matters
now• Return on Investment/Measurability• Not Cheap!• Real time Research• Digital is not just another Adaptation