how digital and social changed marketing tls
TRANSCRIPT
how digital and social media changed marketing
Agenda
1. Lay of the Land
2. The Digital World is Flat
3. Transparency Rules
4. The Accelerating World of Marketing
5. Things to Remember
1. Lay of the Land
How it used to be
Then this happened
Mobile eclipsing PC’s
‘Big Data’ is in the drivers seat
Advertising = ‘Content’
And when everything is Digital
Speed is Key
2. The Digital World is Flat
Brands look like consumers
Everyone competes for attention
People can create their own brands
Consumers can hijack your marketing
Consumers can hijack your marketing
And be as - if not more - influential than brands
The Digital World is Flat
Brands no longer in control of the message or the medium Communication has become democratized and decentralized The rules are always changing – what’s a brand to do?
3. Transparency Rules
Brands have to become human
Transparency starts at the top
And lives in social media
Product innovation shares brand ownership
Public customer service builds good will
Honesty as core to the message
Transparency necessitates purpose
It's important that companies stand for something other than just profitability
86%
*HAVAS Prosumer Research
Brands who do ‘good’ win
Consumers align to company missions
And follow corporate leaders who preach ‘good’
Being ‘good’ is good for business, too
Number of percentage points that the 50 Sustainability Leaders of the Fortune Global 1000 outperformed the rest
+16%
Business Performance & Sustainability
Transparency Rules
Brands need to evolve as the rules change Forgiveness and loyalty stem from honesty and openness Every brand has the opportunity to have a mission and
benefit from the new flat world
3. The Accelerating World of Marketing
An evolving consumer relationship
Making friends means being friendly
Comments about day to day things
Random thoughts and observationsWhat’s going on right now
Friendly messages
For brands, humanity requires a new model
All media moves faster, starting with TV
Campaigns aim for participation, not sales
Brand sites become real-time social hubs
Social commentary = always-on advertising
‘Big Data’ makes marketing basically instant
And can even predict consumer behavior
The Accelerating World of Marketing
Approach social like making friends, not selling stuff Re-structure to enable fast moving and cultural immersion Embrace data to inform and inspire everything
5. Things to Remember
If you only remember 5 things from this presentation
1. The inherited world of marketing is no longer
2. Humanize brands and products to engage with humans
3. Believe in something and profits will follow
4. Make consumers into friends with openness and honesty
5. Embrace ‘big data’ to boost speed and effectiveness
THANK YOU