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CUSTOMERS THEN                                                                                    & NOW
                                 James Rohrbach
                         STRATEGIC CONNECTORS
                                   &
                            STARTUP MAVENS

Our Tribe: Investors                – Entrepreneurs – Enablers of Innovators

  www.305StartUp.Org | Tele: 305-Start Up | Twitter: 305StartUp
                                       www.Startup-Miami.Com

    The future of Customer Acquisition and how it will change again © Miami Innovation Corporation all rights reserved
CUSTOMERS THEN

                       Sellers

                                           Distribution Channels
                                                                                               Customers




Information flowed one way primarily by advertising marketing



The future of Customer Acquisition and how it will change again © Miami Innovation Corporation all rights reserved
ADIA




Experimental Consumers
CUSTOMERS GET MORE INFORMATION


                                   Re Sellers
                   Sellers




                                       Customers



Brand Controlled information flowed 1 ay primarily by advertising & channel
CUSTOMERS GET BETTER INFORMATION



                                            Re Sellers
                       Sellers



                                     Customers




Information flows more as a Conversation – Permission based – Trust – Influence- Use

            SELLERS GET MORE FEED BACK
NON STOP CUSTOMERS EXPERIENCE


                                  Gate Keepers
                Sellers




                              Customers




Information now flows as a Conversation – Permission based - Cheaper
Experimental Customer

       Transitional Customer


Digital Customer


                                 Traditional Customer
CUSTOMER INTERACTIONS


   Digital     Transitional



Experimental   Traditional
Lane 1



Digital Customer
Multiple Channels - Social Media Mobile

High Expectations

Emerging Markets

They choose their Speed
Lane 2
                            Lane 2



Transitional Customer
 Digital Savvy

 Prefer Do It your Self Research

 Tend to be somewhat loyal

 Will Switch for right Incentive
Lane 3


Experimental Customer
 Digital Savvy

 Prefer “Do It your Self” Research

 Tend to be somewhat loyal
Lane 4



Traditional Customer
Traditional Channels

Physical Stores

Less Research buys out of habit

Most loyal
Accessible




Experimental Consumers
Continuous




Experimental Consumers
Guide
                         them to the “right”
                         lane




Experimental Consumers
Conclusion
•  Word of mouth, relied upon by 79 percent of consumers to
   get information about providers
•  Corporate websites, used by nearly three-quarters (71
   percent) of consumers
•  Online sources such as expert review sites, news sites and
   product comparison sites, used by nearly 63 percent
•  Social media sites such as Facebook and Twitter, used by
   47 percent of consumers
•  Nearly a third of consumers say they trust comments by
   people they know, echoing the importance of word of mouth.
•  More than a quarter (28 percent) say positive comments in
   social media affect purchasing decisions
•  and 28 percent say negative comments do so.
Tele: 305-Start Up
   www.305tartUp.Org


www.StartUp-Miami.Com

                      Twitter: 305StartUp


     THANK YOU FOR PARTICIPATING

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Presentation on the changes in marketing

  • 1. CUSTOMERS THEN & NOW James Rohrbach STRATEGIC CONNECTORS & STARTUP MAVENS Our Tribe: Investors – Entrepreneurs – Enablers of Innovators www.305StartUp.Org | Tele: 305-Start Up | Twitter: 305StartUp www.Startup-Miami.Com The future of Customer Acquisition and how it will change again © Miami Innovation Corporation all rights reserved
  • 2. CUSTOMERS THEN Sellers Distribution Channels Customers Information flowed one way primarily by advertising marketing The future of Customer Acquisition and how it will change again © Miami Innovation Corporation all rights reserved
  • 4. CUSTOMERS GET MORE INFORMATION Re Sellers Sellers Customers Brand Controlled information flowed 1 ay primarily by advertising & channel
  • 5. CUSTOMERS GET BETTER INFORMATION Re Sellers Sellers Customers Information flows more as a Conversation – Permission based – Trust – Influence- Use SELLERS GET MORE FEED BACK
  • 6. NON STOP CUSTOMERS EXPERIENCE Gate Keepers Sellers Customers Information now flows as a Conversation – Permission based - Cheaper
  • 7. Experimental Customer Transitional Customer Digital Customer Traditional Customer
  • 8.
  • 9. CUSTOMER INTERACTIONS Digital Transitional Experimental Traditional
  • 10. Lane 1 Digital Customer Multiple Channels - Social Media Mobile High Expectations Emerging Markets They choose their Speed
  • 11. Lane 2 Lane 2 Transitional Customer Digital Savvy Prefer Do It your Self Research Tend to be somewhat loyal Will Switch for right Incentive
  • 12. Lane 3 Experimental Customer Digital Savvy Prefer “Do It your Self” Research Tend to be somewhat loyal
  • 13. Lane 4 Traditional Customer Traditional Channels Physical Stores Less Research buys out of habit Most loyal
  • 16. Guide them to the “right” lane Experimental Consumers
  • 17. Conclusion •  Word of mouth, relied upon by 79 percent of consumers to get information about providers •  Corporate websites, used by nearly three-quarters (71 percent) of consumers •  Online sources such as expert review sites, news sites and product comparison sites, used by nearly 63 percent •  Social media sites such as Facebook and Twitter, used by 47 percent of consumers •  Nearly a third of consumers say they trust comments by people they know, echoing the importance of word of mouth. •  More than a quarter (28 percent) say positive comments in social media affect purchasing decisions •  and 28 percent say negative comments do so.
  • 18. Tele: 305-Start Up www.305tartUp.Org www.StartUp-Miami.Com Twitter: 305StartUp THANK YOU FOR PARTICIPATING