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© 2009 Denuo Group. All Rights Reserved. All Contents Proprietary and Confidential. 0

Rishad Tobaccowala

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  • 2009 Denuo Group. All Rights Reserved. All Contents Proprietary and Confidential. 0

  • 2009 Denuo Group. All Rights Reserved. All Contents Proprietary and Confidential.

    A New Marketing Mindset

    Experian

    August 27, 2009

  • 2The Conversation Today: A Time To Rethink

    The New Force

    Implications Beacons: Examples Of Thinking Anew

    Some Thoughts For Experian To Tangle With

    Discussion

  • 2009 Denuo Group. All Rights Reserved. All Contents Proprietary and Confidential. [3]

    The Force

  • 4The Change

    Widely Distributed Empowering Tools & Services+

    Changing Consumer Expectations and Behavior

    =A Seminal, Transformative and Disruptive era

  • 5The Force = The Internet = Connection Engine

    The co-ordinates of this connection grow

    All over the world

    Across all devices

    All the time

    Connect to find

    (Discovery)

    Connect to share

    (Social Media)

    Connect totransact

    (Commerce)

    Connect toexpress

    (Creativity)

  • 6In a Connected Age

    The end of ignorance arbitrage I can know, find, and discover peoplesreputation, competitive productattributes and pricing, and a lotmore.(increasingly anywhere andanytime)

    The rising individual mediaconglomerates

    I can create, combine and cull..

    I can publish, post, upload

  • 7In a Connected Age

    New expectations Transparency Responsiveness

    New emotional truths Authenticity (is individual or company real?) Community (social and other awareness) Trust (believe it will be the critical currency)

    Some Hard Questions Purpose and Values (why do you exist?)

  • 8The Connected Age Shifts

    Seven Shifts as we move deeper into a connected age:

    Shift One: From Telling to Delivering

  • 9The Connected Age Shifts

    Seven Shifts as we move deeper into a connected age:

    Shift One: From Telling to DeliveringShift Two: From Interactive To Multi-Polar

    Marketing

  • 10

    The Connected Age Shifts

    Seven Shifts as we move deeper into a connected age:

    Shift One: From Telling to DeliveringShift Two: To Multi-Polar MarketingShift Three: From Users To Voices

  • 11

    The Connected Age Shifts

    Seven Shifts as we move deeper into a connected age:

    Shift One: From Telling to DeliveringShift Two: To Multi-Polar MarketingShift Three: From Users To VoicesShift Four: From Campaigns To Ecosystems

  • 12

    The Connected Age Shifts

    Seven Shifts as we move deeper into a connected age:

    Shift One: From Telling to DeliveringShift Two: To Multi-Polar MarketingShift Three: From Users To VoicesShift Four: From Campaigns To EcosystemsShift Five: From Finding Them To Them Finding You

  • 13

    The Connected Age Shifts

    Seven Shifts as we move deeper into a connected age:

    Shift One: From Telling to DeliveringShift Two: To Multi-Polar MarketingShift Three: From Users To VoicesShift Four: From Campaigns To EcosystemsShift Five: From Finding Them To Them Finding YouShift Six: From Marketing To Facilitation

  • 14

    The Connected Age Shifts

    Seven Shifts as we move deeper into a connected age:

    Shift One: From Telling to DeliveringShift Two: To Multi-Polar MarketingShift Three: From Users To VoicesShift Four: From Campaigns To EcosystemsShift Five: From Finding Them To Them Finding YouShift Six: From Marketing To FacilitationShift Seven: From Engagement to Utility

  • Shift One: From Telling to Delivering

    The proof is in the performance, the act and behavior rather than themessage, the media and the discount

    Fund product superiority, news and customer service over messaging Earned media over bought media

    Positive WOM over paid spokespeople

    AdvertisingMedia

    Promotion

    ProductsUtilities & ServicesCustomer Support

  • Shift Two: To Multi-Polar Marketing

    Two Way Marketing Multi Way Marketing

    Independent MediaVehicles

    Multi Media

    Simple Measures Multi Measures

  • 17

    Shift Three: From Users To Voices

    In a connected age everyone is a media conglomerate- Word ofMouth is the currency of choice we should focus on

    Heavy Users,Specific Demos

    Influencers,Advocates,Detractors

  • 18

    Shift Four: From Campaigns To Ecosystems

    Control by initiator

    Fixed duration

    Neat model

    Clear cut roles

    Campaigns Ecosystems

    Can be consumer initiated Digital lasts forever Multi-way with secondary effects Blur between players

  • 19

    Shift Five: From Finding Them To Them Finding You

    In a connected world we move from:

    How can consumers easily find you in: Search Distributed content Superior performance that people speak about

    Segmentation

    Hunting

    Broadcast/ Publish

    Re-Aggregation

    Fishing

    Search/ Social Recos

  • 20

    Shift Six: From Marketing To Facilitation

    The energy and control aremoving from the marketer to theconsumer to such a degree thatthe consumer now self markets

    Finance, Pharma, Travel, Tech,Auto

    Important to support andleverage this self marketing

  • 21

    Shift Seven: From Engagement to Utility

    Measures tend to focus on how long a person spends with the brand underbanner of engagement

    Total page views, total time spent, number of interactions performed

    Stop elongating the game and focus instead on how quickly and how wellwe fulfill particular needs

    Engagement Utility

  • 2009 Denuo Group. All Rights Reserved. All Contents Proprietary and Confidential. [22]

    Beacons

  • 23

    Beacons

    Examples of efforts which: Speak to voices (advocates, influencers..)

    Are found rather than find

    Facilitation intense versus marketing intense

    Multipolar (multi way and multi media and multi measure)

    Build ecosystem

    Emphasize product, service and support

  • 24

    Nike Plus

    Incorporates running maps through Google

    Both localized and international

    Extended into influential product developmentthrough software and Apple iPod partnership

  • 25

    Nike Plus

    Nikes ultimate running platform and community that furtherestablishes Nikes ownership of running motivation

    Empowered consumers and gave them a tool to facilitate theirpassion: running

    Highly successful in social connection and brand sales160 million miles logged97% recommendation from program members18% increase in conversion from intention to purchaseNike Plus shoes sales: 20% increase in 2007$17 increase in average sales value from program members vs non-members1.5MM+ sensors sold

  • 26

    Allstate Teen Driving Contract

  • 27

    Allstate Teen Driving Contract

    Results 40,000 teen drivingcontracts have been filled outonlineAllstate perception andbrand improvementFewer Teen Deaths

  • 28

    Dell Ideastorm & Forums

    Ideastorm Users contribute suggestions for Dell

    and collectively vote to prioritize them;brand reviews each idea

    Forums Peer-to-peer support area

  • 29

    Dell Ideastorm & Forums

    Ideastorm Over 10k contributions, promoted over

    600k times, with over 80k comments

    200 suggestions have resulted inimplemented product, service andmarketing innovations

    Forums Close to 1.5MM users have contributed over

    700k threads

    Over 10k solved cases contributed by thecommunity and Dell

    Occurs when user who originates a threadhighlights related post that answers theirquestion

    Gave consumers a number of ways to express themselves Reviews/Votes on products/ services Advice on technical issues

    Tapped into the collective knowledge of all their customers to providecustomer service at less cost to them

    Results:

  • 30[30]

    Some Thoughts For Experian To Tangle With

  • A Perspective

    You are as much in the EMOTION business as in the DATA business

    EMPOWERMENT & TRANSPARENCY is now a two way street Consider creating assets that allow CONTROL, EDUCATION, &

    CORRECTION

    Huge opportunity to separate from the crowd by aligning with thecrowd VS having it align against you

  • Some words from Dr Einstein

    Not everything that counts can be counted;not everything that can be counted counts

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