marketing in a digital world1. businesses must transform digitally digital marketing must be a...
TRANSCRIPT
MARKETING IN A DIGITAL WORLD
SALIL KALLIANPUR17th Nov, 2017
Market Size Potential1 by 2020 ($Billion) Market Size Potential1 by 2020 ($Billion)
1Relative score assigned for potential annual turnover (revenue / shipment) of the industry in 2025
1Measured by qualitative factors that has the scope to create a boom in the industry such as new patents, innovation cycle and industry impact
Source: Bloomberg, Frost and Sullivan Analysis
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Top Mature Industries by 2020 Top Emerging Industries by 2020
Oil & Gas
Pharma &Healthcare
Chemical,Materials &
Food
ICT
Automobile
Metals &Mining
Energy,Power
Aerospace& Defence
Engineering &Construction
ElectronicsVirtual
CommerceBigData
3DPrinting
CloudComputing
CyberSecurity
ManagedServices
WellnessIndustry
UrbanLogistics
AlternativeEnergy
WasteManagement
Emerging industries by 2020
The Fifth Wave of IT: The “SMAC Stack”
Marketing in a digital world is
This is how news broke in ancient times!
9
Mass
market
1990s 2020s
Mass
segmentation
Portfolio
Based
Segments
Multiple
niche
Product
Based
Segments
Individualization
Individual
Customer
Based
Segments
Customized solution
Customers will not engage unless content is individualised
Customers are well-researched, presumptuous and impatient
How well-documented and updated are our customers’ journeys?
WTF of your brand in the age of assistance?
Customize content by curation – don’t waste time
in creation. Yes! Its possible!
Aggregation is far more efficient than creation
FAANG are connectors, not creators
Values as of Nov 10.
But, if you insist on creating than curating….
…at least be creative…..
Creative (and timely) content hooks prospects
Outcomes:
• 150,000 brand mentions
• Millions of media impressions
• 10,000 new followers
Sales for mittens
doubled in the week
following Superbowl
Winning awards vs. creating value for patients
Transform from Old model – size to New model - value
Today, 60% of the buying decision happens online
1. BUSINESSES MUST TRANSFORM DIGITALLY
Digital marketing must be a priority for the whole company
You need to harmonize the team, corporate ecosystem and coordinate with multiple vendors
2. FROM “PRODUCT” TO “CUSTOMER”
Engage customer online; set up sale offline
Have a specific channel mix for every product
3. AVOID THE ‘CONTENT TRAP’
Content lifecycles are very small & need to personalize is very high
Don’t waste time creating content – aggregate & curate
Key Messages
Thank you very much!