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Fixing the Media The need for Relevance Marketing March 2012 jo@dearmedia.be @jcaudron 1 maandag 19 maart 12

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Page 1: Relevance Marketing - Stima jongeren congres

Fixing the MediaThe need for Relevance Marketing

March 2012

[email protected]@jcaudron

1maandag 19 maart 12

Page 2: Relevance Marketing - Stima jongeren congres

@jcaudron

• a digital consulting company

• founded in 2009 by Jo Caudron

• our mission is to help you finding a new balance between the certainties of your traditional business and the opportunities of innovations in (digital) media

• our scope is everything in the digital space, with focus on social, mobile, tablets, location, connected TV, new radio, ...

• We work for large European clients

2maandag 19 maart 12

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@jcaudron

Available Now

www.MediaMorgen.com

3maandag 19 maart 12

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twitter.com/jcaudron

4maandag 19 maart 12

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To get this started...

• Who is using?

- Twitter

- Facebook, Google+, ...

- LinkedIn, Plaxo

- Email

- LBS

- Augmented Reality

• Who is using?

- an iPhone

- an Android

- a Blackberry

- a Nokia, Samsung, Sony Ericsson, ...

- a tablet (iPad, Android, ...)

5maandag 19 maart 12

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@jcaudron

A short history of everything (in media)

Analogue Digital

Connected (internet) Social

Everything is getting mobile

And the mobile eco-system will go to the living room very soon ...

6maandag 19 maart 12

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What are social media?

7maandag 19 maart 12

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@jcaudron The sky is the limit...

TV

Ra

dio

Pri

nt

Bill

bo

ard

s

DM

So

cia

l Me

dia

From ... ... to

Sa

les

Ma

rke

tin

g &

Co

mm

un

icat

ion

Se

rvic

e &

Su

pp

ort

HR IT

PR

& E

xte

rna

l Co

mm

un

.

R&

D &

En

terp

rise

2.0

Social Business

8maandag 19 maart 12

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@jcaudron

9maandag 19 maart 12

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@jcaudron

TransparencyCloseness

ResponsivenessSpeed / Agility

Authenticity

10maandag 19 maart 12

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@jcaudron 7.000.000.00011maandag 19 maart 12

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@jcaudron 7.000.000.000

2.000.000.000

12maandag 19 maart 12

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@jcaudron 7.000.000.000

2.000.000.000

1.300.000.000

13maandag 19 maart 12

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@jcaudron 7.000.000.000

2.000.000.000

1.300.000.000

5.900.000.000

14maandag 19 maart 12

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The Future is ‘Mobile’

15maandag 19 maart 12

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@jcaudron

Mobile is the Biggest!

5.9 billion mobile p

hone subs

1 billion were sol

d 2010

16maandag 19 maart 12

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@jcaudron

Google data (january 2012) finds that more consumers in each of these markets now have an internet-capable mobile device than have a desktop or laptop computer

17maandag 19 maart 12

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@jcaudron

Apple will continue to dominate the market for the next coming years.

Source: Forrester March, 2012

18maandag 19 maart 12

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@jcaudron

19maandag 19 maart 12

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@jcaudron

20maandag 19 maart 12

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Understanding the next logical step in the digital evolution

21maandag 19 maart 12

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@jcaudron

Monolithic Modular Atomic

Closed Open

Web 1.0

Web 2.0

Web 3.0

Life Event Structure

Top-downCentrally ownedConsumption-orientedStatic informationInteractive Services

Bottom-upDecentralized (user-driven)ParticipativeSharing, Tagging, “favoriting”, curation, …Dynamic & Rich ExperiencesInteraction with othersAnything, Anytime, Anyplace (mobile, …): shift of time, place and authority

Semantic WebMachine-to-machineDecentralized (machine-driven)Artificial IntelligenceRFID & taggingSharing, Tagging, “favoriting”

Sites

Portals

The Life Web (micro-blogging)

Social Networks (Facebook, …)

Youtube, Flickr, …

Blogs

The Internet of Things

Content Curation

Location Based Services

22maandag 19 maart 12

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@jcaudron

Monolithic Modular Atomic

Closed Open

Web 1.0

Web 2.0

Web 3.0

Life Event Structure

Top-downCentrally ownedConsumption-orientedStatic informationInteractive Services

Bottom-upDecentralized (user-driven)ParticipativeSharing, Tagging, “favoriting”, curation, …Dynamic & Rich ExperiencesInteraction with othersAnything, Anytime, Anyplace (mobile, …): shift of time, place and authority

Semantic WebMachine-to-machineDecentralized (machine-driven)Artificial IntelligenceRFID & taggingSharing, Tagging, “favoriting”

Sites

Portals

The Life Web (micro-blogging)

Social Networks (Facebook, …)

Youtube, Flickr, …

Blogs

The Internet of Things

Content Curation

Location Based Services

23maandag 19 maart 12

Page 24: Relevance Marketing - Stima jongeren congres

@jcaudron

Monolithic Modular Atomic

Closed Open

Web 1.0

Web 2.0

Web 3.0

Life Event Structure

Top-downCentrally ownedConsumption-orientedStatic informationInteractive Services

Bottom-upDecentralized (user-driven)ParticipativeSharing, Tagging, “favoriting”, curation, …Dynamic & Rich ExperiencesInteraction with othersAnything, Anytime, Anyplace (mobile, …): shift of time, place and authority

Semantic WebMachine-to-machineDecentralized (machine-driven)Artificial IntelligenceRFID & taggingSharing, Tagging, “favoriting”

Sites

Portals

The Life Web (micro-blogging)

Social Networks (Facebook, …)

Youtube, Flickr, …

Blogs

The Internet of Things

Content Curation

Location Based Services

Browse

+Search

+Ask

+Tag

Evolution of Navigation

24maandag 19 maart 12

Page 25: Relevance Marketing - Stima jongeren congres

@jcaudron

Mobile as Second Screens for the World...

25maandag 19 maart 12

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So, Traditional Media are Dead?No, but...

26maandag 19 maart 12

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@jcaudron

The end of traditional media?

?27maandag 19 maart 12

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@jcaudron

What might impact TV? Timeshifting!

How big is time shifted viewing today?• 2,5% (VRT)• 20% (VTM telenovelas)-

30%• 10% (RTL)

It IS growing.

How much loss of advertising can commercial TV digest?

28maandag 19 maart 12

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@jcaudron

29maandag 19 maart 12

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@jcaudron

30maandag 19 maart 12

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@jcaudron

31maandag 19 maart 12

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@jcaudron

32maandag 19 maart 12

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@jcaudron

33maandag 19 maart 12

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@jcaudron

34maandag 19 maart 12

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@jcaudron

35maandag 19 maart 12

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@jcaudron

36maandag 19 maart 12

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@jcaudron

37maandag 19 maart 12

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@jcaudron

VRT VMMa SBS RTL

38maandag 19 maart 12

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@jcaudron

39maandag 19 maart 12

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@jcaudron

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Source: research DearMedia and Ehsal Management School, Januari 2012

40maandag 19 maart 12

Page 41: Relevance Marketing - Stima jongeren congres

@jcaudron

“People have never watched so much TV as today”

“TV still works, definitely in times of crisis”

“People timeshift to watch more TV, it has no impact on advertising”

41maandag 19 maart 12

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@jcaudron

What might impact TV? Direct OTT Distribution!

42maandag 19 maart 12

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@jcaudron

43maandag 19 maart 12

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@jcaudron

What’s wrong with these images?

44maandag 19 maart 12

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@jcaudron

What’s wrong with these images?

45maandag 19 maart 12

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@jcaudron

What’s wrong with these images?

46maandag 19 maart 12

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@jcaudron

What about newspapers?

47maandag 19 maart 12

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@jcaudron

What about newspapers?• Print newspapers are no longer to

best “format” to bring the “latest” news

• The daily frequency can not compete to online newspapers

• They have cannibalized on their own business: free newssites

• Classifieds are lost completely• Advertisers believe in online and

new advertising formats and are slowly towards online

• Yet traditional online advertising does not work as hoped for, is worth less, thus is not compensating for offline loss

• Readers are less loyal (subscriptions) and become weekend-consumers

48maandag 19 maart 12

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@jcaudron

49maandag 19 maart 12

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@jcaudron

Will new technology help?

50maandag 19 maart 12

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@jcaudron

The future of Magazines?

51maandag 19 maart 12

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@jcaudron

52maandag 19 maart 12

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Marketing in the new digital space.

It’s all about relevance

53maandag 19 maart 12

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Source: eMarketer, Dec, 2011, via Econopolis

54maandag 19 maart 12

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Will we make the old mistakes on

mobile too?

55maandag 19 maart 12

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Source: DearMedia + Ehasal January, 2012

56maandag 19 maart 12

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Display

Search

Classifieds

DM

Relevant Advertising

Irrelevant Advertising

versus

57maandag 19 maart 12

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EXTREMELY irrelevant

58maandag 19 maart 12

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IntroducingRELEVANCE MARKETING

It’s about building respectful relationships with customers, based on

relevant communication, providing

value for both sides, without annoyance or

intrusion.

And it is finally possible today.

Location Based Services(relevant now and here)

(App-)CRM(relevant for who I am)

Peer-Pressure and Peer-Guidance

(because I trust my social network more than I trust

brands)

Brands as Friends(because you tell me stories and provide me with real

value)

Online + Social + Mobile

59maandag 19 maart 12

Page 60: Relevance Marketing - Stima jongeren congres

IntroducingRELEVANCE MARKETING

Location Based Services(relevant now and here)

(App-)CRM(relevant for who I am)

Peer-Pressure and Peer-Guidance

(because I trust my social network more than I trust

brands)

Brands as Friends(because you tell me stories and provide me with real

value)

Online + Social + Mobile

We will need to build relationships with you, but not just become we want

YOUR data ...

... we need it to create value, relevance, trusted

relations and a community around brands

60maandag 19 maart 12

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The better/longer we know each other, the less we have to push

61maandag 19 maart 12

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big brother versus win/win

62maandag 19 maart 12

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POS

2 weeks 2 months 2 years

Low

Medium

High

ViralMarketing

SocialCampaigns

Social Websites

Personal Social Relationships

Websites

Online mediaCampaigns

EmailMarketing

Inte

rac

tio

n

ActivationCampaigns

Duration

Your Destination(info, fun, engagement, loyalty)

Traffic

Blogs, sites, ...

Conversion offline

Conversion online

Social harvesting

Blogs, sites, ...

DirectMarketing

Traditional Above Media

PR

Social seeding8

63maandag 19 maart 12

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POS

2 weeks 2 months 2 years

Low

Medium

High

ViralMarketing

SocialCampaigns

Social Websites

Personal Social Relationships

Websites

Online mediaCampaigns

EmailMarketing

Inte

rac

tio

n

ActivationCampaigns

Duration

Your Destination(info, fun, engagement, loyalty)

Traffic

Blogs, sites, ...

Conversion offline

Conversion online

Social harvesting

Blogs, sites, ...

DirectMarketing

Traditional Above Media

PR

Social seeding8

(local) relationships

between brands and customers

64maandag 19 maart 12

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Things to take away ...65maandag 19 maart 12

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@jcaudron

Want to be ready?

Start using social networks

Get on Twitter Get a decent smartphone

Be in the cloud

Get a tablet66maandag 19 maart 12

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@jcaudron

You should be fan of your audience, not the other way around!

me

67maandag 19 maart 12

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@jcaudron

68maandag 19 maart 12

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@jcaudron

SOCIAL MEDIA PLAN- people & teams

- tools (monitoring & conversation)

- policies & guidelines- training & coaching

AWARENESS

DIGITAL STRATEGYSocial Media Strategy

CONCEPTSInbound (listen) /Outbound (talk)

Destinations / StreamsFix / Mobile

FUNCTIONALREQUIREMENTS

(site, portal, apps, channels, ...)

RFP ASSISTANCE

DEVELOPMENT follow-up

CONVERSATION MNGTday2day, guidance, follow-up

1

2

3

4

5

Mobile Strategy

Sta

rtS

trat

eg

y &

Co

nc

ep

tsD

eta

ilsN

ext

The Plan

69maandag 19 maart 12

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@jcaudron

Things to take away

Everything is becoming digital, so is your business, whatever it is

Social is the next logical step in the path of digital evolution

The future of the internet and social will be mobile

The future of mobile will be everything

Mobile will drive The Cloud

You need a plan NOW to start dealing with this

Actually, you don’t need a plan, you need to plan (continuously)

Embrace the future now, but don’t overdo it ;-)

70maandag 19 maart 12

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@jcaudron

Beware of Macro-Myopia*

*the trend to overestimate the impact of change on the short termand to underestimate the impact of change on the long term.

Don’t say I didn’t warn you ;-)

71maandag 19 maart 12

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Fixing the MediaThe need for Relevance Marketing

March 2012

[email protected]@jcaudron

73maandag 19 maart 12