1. Brussels, December 8, 2016
“Marketing of the Future? Embrace
technology!”
Renout van Hove & Frederik Sunaert/Renout
/THoM_News
2. The 12 THoMers are welcoming you!
Shermaine Mina
Sr. Consultant
Stéphanie
Duchemin
HC Manager
Frederik Sunaert
Consultant
Renout van Hove
Head of Marketing
Automation
Leatitia Gutierrez
Consultant
Karel Ingelbeen
Consultant
Charlotte Marin
Jr. Consultant
Amélie
Timmermans
Jr. Consultant
Anne-Charlotte
de Cartier
Sr. Consultant
Chloë Girard
Consultant
Robine
Goris
Jr. Consultant
Nathalie
Debiolley
Jr. Consultant
3. ThoMster Class on The Future of Marketing – December 8, 2016
1. Introduction 5’
2. THoM’ster class – “The future of marketing? Embrace technology!” 60’
3. Case - group discussion & presentations 30’
4. Applying for and working at THoM 15’
5. Internship at The House of Marketing 5’
6. Let’s have a drink! …
Welcome to our 1st THoM’ster class!
4. We offer strategic marketing consulting & marketing implementation services
5. ThoMster Class on The Future of Marketing – December 8, 2016
The House of Marketing as proud member of Quanteus Group
6. ThoMster Class on The Future of Marketing – December 8, 2016
Our team projects combine a mix of
competences with varying involvement
in function of the
project stage
Our individual placements are
supported by the THoM organizational
structure
Tailored mix of:
Strategic marketing
Project management
Domain expertise
Consultant support
Core team set-up
YOU
Counselor
&
mentor
All other consultants
Knowledge base of The
House of Marketing
We work on exciting client projects – in team or individual placement set-up
7. We have clients from many different sectors
ICT & Media
Utilities &
Resources
Health Care &
Public Sector
Consumer
Goods & Retail
Finance,
Insurance &
Other services
Transport &
Logistics
8. ThoMster Class on The Future of Marketing – December 8, 2016
3 Master Classes on 3 different marketing topics
Guiding you through the complete customer life cycle
Incl. real life cases from our THoM consultants
THoMers share a passion for marketing; now it’s time to share some of it with you!
9. ThoMster Class on The Future of Marketing – December 8, 2016
1. Introduction 5’
2. THoM’ster class – “The future of marketing? Embrace technology!” 60’
3. Case - group discussion & presentations 30’
4. Applying for and working at THoM 15’
5. Internship at The House of Marketing 5’
6. Let’s have a drink! …
Welcome to our 1st THoM’ster class!
11. ThoMster Class on The Future of Marketing – December 8, 2016
“Marketing of the future?
Embrace technology?”
A. Intro: the rise of the new customer
B. What Trump has to do with marketing?
C. What happens if you don’t adapt?
D. What are the big game-changing trends to watch?
E. So, what is the impact on the marketer of the future?
11
13. ThoMster Class on The Future of Marketing – December 8, 2016
To reach 50 million users it took…
38 year
14 year
4,5 year
2 year
35 days
4 months
1 week
15. ThoMster Class on The Future of Marketing – December 8, 2016
This is a simplified
timeline of the
appearance of
advertising in major
communication
channels.
And as the nr of channels proliferated, so did the nr of adds
17. ThoMster Class on The Future of Marketing – December 8, 2016
The more messages we get, them more we dodge them
Global Ad Blocking
Growth
Source: PageFair
18. ThoMster Class on The Future of Marketing – December 8, 2016
21.8 billion
18
19. ThoMster Class on The Future of Marketing – December 8, 2016
19
A Transformation in Customer Engagement
Mass
Marketing
Focus on the
message
Transactional
Marketing
Focus on the
transactions
Engagement
Marketing
Focus on
long-term
relationships
20. ThoMster Class on The Future of Marketing – December 8, 2016
The aim of Marketing is to know
and understand the customer so
well the product or service fits
him and sells itself
21. ThoMster Class on The Future of Marketing – December 8, 2016
21
Vision
eats market
research for
breakfast
22. ThoMster Class on The Future of Marketing – December 8, 2016
MAIN BEHAVIOR TRENDS
That dictate new customer
behavior
23. ThoMster Class on The Future of Marketing – December 8, 2016
#1 Instant gratification
24. ThoMster Class on The Future of Marketing – December 8, 2016
Hyperconnected#2
25. ThoMster Class on The Future of Marketing – December 8, 2016
#2 Hyperconnected
26. ThoMster Class on The Future of Marketing – December 8, 2016
Disrupting conventional
business models
#2 Hyperconnected
27. ThoMster Class on The Future of Marketing – December 8, 2016
#3 Hyperpersonalization
Right time, right
device, right
channel in the
right context
28. ThoMster Class on The Future of Marketing – December 8, 2016
#3 Hyperpersonalization
Right time, right
device, right
channel in the
right context
29. ThoMster Class on The Future of Marketing – December 8, 2016
Why on earth did
IBM buy all
weather data on
the planet?
Contextual
Convenience
#4
30. ThoMster Class on The Future of Marketing – December 8, 2016
Contextual
Convenience
#4
31. ThoMster Class on The Future of Marketing – December 8, 2016
# Contextual Convenience
32. ThoMster Class on The Future of Marketing – December 8, 2016
“Marketing of the future?
Embrace technology?”
A. Intro: the rise of the new customer
B. What Trump has to do with marketing?
C. What happens if you don’t adapt?
D. What are the big game-changing trends to watch?
E. So, what is the impact on the marketer of the future?
32
33. ThoMster Class on The Future of Marketing – December 8, 2016
What do the US elections have to do with Marketing of the future?!
33
The power of traditional media is fading
34. ThoMster Class on The Future of Marketing – December 8, 2016
34
The loyal customer is dead
What do the US elections have to do with Marketing of the future?!
35. ThoMster Class on The Future of Marketing – December 8, 2016
What do the US elections have to do with Marketing of the future?!
What do the US elections have to do with Marketing of the future?!
36. ThoMster Class on The Future of Marketing – December 8, 2016
“Marketing of the future?
Embrace technology?”
A. Intro: the rise of the new customer
B. What Trump has to do with marketing?
C. What happens if you don’t adapt?
D. What are the big game-changing trends to watch?
E. So, what is the impact on the marketer of the future?
36
37. ThoMster Class on The Future of Marketing – December 8, 2016
What do these brands have in common?
37
“Companies have to adapt to the requirements of the market, even if that means
competing with themselves.. – Avi Dan
38. ThoMster Class on The Future of Marketing – December 8, 2016
38
This is a result of the super speed development in technology
we have today
39. ThoMster Class on The Future of Marketing – December 8, 2016
39
This is a result of the super speed development in technology
we have today
40. ThoMster Class on The Future of Marketing – December 8, 2016
New market players: expect to be disrupted
Uber, the world’s largest taxi company,
owns no vehicles
Facebook, the worlds biggest media company,
creates no content
Alibaba, the world’s most valuable retailer,
has no inventory
AirBnB, the worlds largest accommodation
provider, has no real estate
41. ThoMster Class on The Future of Marketing – December 8, 2016
41
The tactics
of the past
no longer
apply
42. ThoMster Class on The Future of Marketing – December 8, 2016
“Marketing of the future?
Embrace technology?”
A. Intro: the rise of the new customer
B. What Trump has to do with marketing?
C. What happens if you don’t adapt?
D. What are the big game-changing trends to watch?
E. So, what is the impact on the marketer of the future?
42
43. ThoMster Class on The Future of Marketing – December 8, 2016
43
The biggest game changer of all: Artifiical Intelligence
44. ThoMster Class on The Future of Marketing – December 8, 2016
Welcome to the age of the customer
44
45. ThoMster Class on The Future of Marketing – December 8, 2016
45
AR and VR are here to stay
46. ThoMster Class on The Future of Marketing – December 8, 2016
What do these guys have in common?
46
47. ThoMster Class on The Future of Marketing – December 8, 2016
They all opened physical stores after they disrupted that market
47
48. ThoMster Class on The Future of Marketing – December 8, 2016
“Marketing of the future?
Embrace technology?”
A. Intro: the rise of the new customer
B. What Trump has to do with marketing?
C. What happens if you don’t adapt?
D. What are the big game-changing trends to watch?
E. So, what is the impact on the marketer of the future?
48
49. ThoMster Class on The Future of Marketing – December 8, 2016
Marketing has changed forever
Brand Marketing Sales driven Marketing
Mass Advertising 1:1 dialogue
Campaigns Continues dialogue
Intuition Data Driven Prediction
Sales vs Marketing Sales + Marketing
50. ThoMster Class on The Future of Marketing – December 8, 2016
Earn the interest of customers instead of buying themMarketers need to earn the interest of customers instead of buying them
Outbound Marketing
PUSH marketing
You BUY your
customers
By paying for ads, e-
mail lists, using PR or
sales people
PRODUCT centric
More traditional media
Inbound Marketing
PULL marketing
You EARN your
customers
By publishing relevant
content that pulls right
customer to your
product/service
USER centric
Online media
51. ThoMster Class on The Future of Marketing – December 8, 2016
Engagors
Strangers
Visitors
Leads
Consider
Catch
Convince
Close
ContinueCustomers
TOFU
MOFU
BOFU
TOP OF THE FUNNEL
Thought leadership &
enjoyable content to build
brand awareness, and desire
Blog, e-books,
research data,
funny videos,
curated lists,
infographics,
webinars
Inbound marketing is about educating potential customers and solving their
problems through every phase of the marketing & sales funnel
52. ThoMster Class on The Future of Marketing – December 8, 2016
Engagors
Strangers
Visitors
Leads
Consider
Catch
Convince
Close
ContinueCustomers
Buying guides, RFP
templates, ROI
calculators,
definitive guides,
analyst reports …
MIDDLE OF THE
FUNNEL
Tools that help buyers find
you when they are looking
for solutions
TOFU
MOFU
BOFU
Inbound marketing is about educating potential customers and solving their
problems through every phase of the marketing & sales funnel
53. ThoMster Class on The Future of Marketing – December 8, 2016
Engagors
Strangers
Visitors
Leads
Consider
Catch
Convince
Close
ContinueCustomers
Pricing, demos,
services
information, 3rd
party review,
customer case
studies …
BOTTOM OF THE FUNNEL
Company-specific information to
help evaluate & reaffirm selection
TOFU
MOFU
BOFU
Inbound marketing is about educating potential customers and solving their
problems through every phase of the marketing & sales funnel
54. ThoMster Class on The Future of Marketing – December 8, 2016
Has a clear content strategy towards clients and prospects41%
Has content that helps prospects figure out the best solution for their needs39%
Has defined content personas to whom he delivers specific content34%
Content is King 🤘
55. ThoMster Class on The Future of Marketing – December 8, 2016
Technology will assist marketers in delivering better output with less input
- Automatic brand persona customizer
56. ThoMster Class on The Future of Marketing – December 8, 2016
First-party data used to target customers50%
Data is centrally organized and managed in the
organization
45%
Data drives almost every decision that
our marketing team makes
32%
Third-party data used to target customers28%
Indicate the level of maturity of statements about data
N=238
In data you shall trust 😀
57. ThoMster Class on The Future of Marketing – December 8, 2016
In data you shall trust 😱
58. ThoMster Class on The Future of Marketing – December 8, 2016
The tactics of the past do not apply anymore
Customers/Consumers:
It provides more personalized
messages (of more value) at the right
time, the right device and the right
place.
So when it’s time to choose, they
choose you.
Marketers/Sales:
It saves time, improves efficiency and
increases productivity. Enables
understanding of customers, pin-point
opportunities, measure performance,
ties marketing activities to business
results.
Marketing Automation refers to a software ecosystem that enhances
experiences to create business impact:
59. ThoMster Class on The Future of Marketing – December 8, 2016
Technology can help marketers a lot, but remember: don’t be creepy…
60. ThoMster Class on The Future of Marketing – December 8, 2016
Implementing Marketing Automation requires a good change
management
Managing marketing automation, which of the following competencies are relevant and crucial?
(N=225, multiple answers)
Marketing teams of the future require following talents:
61. ThoMster Class on The Future of Marketing – December 8, 2016
1. Introduction 5’
2. THoM’ster class – “The future of marketing? Embrace technology!” 60’
3. Case - group discussion & presentations 30’
4. Applying for and working at THoM 15’
5. Internship at The House of Marketing 5’
6. Let’s have a drink! …
Welcome to our 1st THoM’ster class!
62. ThoMster Class on The Future of Marketing – December 8, 2016
Case nr 1: IoT (Internet of Things)
You are in a team of Marketing
Consultants from The House of
Marketing at Douwe Egberts. The
CEO just approached you, as he
noticed a major competitor has
launched a connected coffee
machine. He wants to put you on a
mission to find out:
What benefit would this bring the
consumer and how would it work?
How would this benefit Douwe
Egberts?
63. ThoMster Class on The Future of Marketing – December 8, 2016
Case nr2: Data driven Marketing
You are a Marketing Consultant for an
insurance company, IBM approached
you stating you could buy all real time
weather data available on this planet
How could you use that data to benefit
the insurer and the customers?
64. ThoMster Class on The Future of Marketing – December 8, 2016
Case nr3: Content Marketing
You are a Marketing
Consultant for the same
insurance company. There
has been an announcement
of cost cutting, and you are
instructed to find new ways to
attract new customers in the
fire insurance division. The
advertising budget will be cut
in half, so you will have to
figure out a new way to fill the
top of your funnel. How could
you approach this?
65. 1. Introduction 5’
2. THoM’ster class – “The future of marketing? Embrace technology!” 60’
3. Case - group discussion & presentations 30’
4. Applying for and working at THoM 15’
5. Internship at The House of Marketing 5’
6. Let’s have a drink! …
Welcome to our 1st THoM’ster class!
66. We are looking for (digital) Marketers
Down-to-earth
Master
degree
Trilingual
(FR/NL/EN)
Driving
license
In line with
THoM
values
Tech
savvy
67. Lucas is working as a
Junior Project Manager
for a retail bank
Lise is working as a
Junior Brand Manager
for a FMCG brand
Laetitia is working as a
Brand Manager
for a beverage company
Inge is working as a
Consultant on
Marketing Automation
for a large retail bank
Maxime is working as a
Social Media Manager
for a utilities company
Niels is working as a
Digital Marketer
In the automotive sector
Chloé is working as a
Project Manager travel retail
for a luxury brand
Karel is working as a
Retail Marketer
for a telco company
No two assignments are the same at The House of Marketing
70. STEP 3STEP 2STEP 1
From graduate to… marketing consultant?
February 21, 2016 September 2016
1. CV
2. Cover letter
3. One-page paper
Case day!
Start your career
at THoM
71. 1-pager
KPIs: Structure – Creativity – To the point – Marketing savy
In English
Show us how passionate you are about marketing in your POV!
Guidelines
72. Want to be part of the 2017 prom?
You? You?
You?
Yes!
Great! Find out more about our
recruitment process in our booklet
I’m not sure yet…
Don’t hesitate to ask all your
questions to the THoMers
73. 1. Introduction 5’
2. THoM’ster class – “The future of marketing? Embrace technology!” 60’
3. Case - group discussion & presentations 30’
4. Applying for and working at THoM 15’
5. Internship at The House of Marketing 5’
6. Let’s have a drink! …
Welcome to our 1st THoM’ster class!
74. The House of Marketing has the internship for you!
75. For a creative multitasker with
a go-getter attitude
For a (digital) content freak with a soft
spot for branding & communication
For an equilibrist; in touch with his geeky
analyst side as well as
with his inner storyteller
MARKETING GENIUS 2017 YEARLY MARKETING SURVEY 2017
CONTENT MARKETING, AUTOMATION
& REBRANDING
For a conceptualist that enjoys a ride on
the full customer journey
OMNI-CHANNEL & E-COMMERCE
SERVICE LINE
76. From day one I got immersed in the marketing world and challenging
projects! The amount of responsibility combined with a vibrant
environment where all colleagues breathe & eat marketing is very
inspiring and encourages to give your best every day. I had the chance
to contribute to client projects in different sectors, co-organize a
marketing event and meet lots of interesting people.
This internship was the perfect bridge between my studies and my
professional career. And lucky for me I could stick around since I started
as a Junior Consultant afterwards!
Lucas De Dycker
Why should you go for an internship according to Lucas
Interested? Go to thehouseofmarketing.be/join-us and apply!
Why you should go for an internship at THoM according to Lucas
“
77. Thank you for your attention!
(and now it’s time for a drink...)
Notes de l'éditeur
Fré
Fré
Fre
Fre
Fre
Fré We work on exciting client projects – in team or individual placement set-u
Fré We have clients from many different sectors
Fré THoMers share a passion for marketing, and now it’s time to share some of it with you
Renout – introduction Thomster Class. We will talk about Marketing of the Future and the Future of Marketing .
Renout intro
Let me take you back to where it all started. 1941. What does that number say? BULOVA first TV commercial – paid 9 dollar for TV add.
Fortune 500 firms in 1955 vs. 2014; 88% are gone
Fifty years ago, the life expectancy of a firm in the Fortune 500 was around 75 years. Today, it’s less than 15 years and declining all the time
In 1920, there was 1 radio station. In 2011, there were 14,700.
In 1946, America had 12 broadcasting TV stations. In 2011, there were over 1,700.
In 1998 (over 15 years ago!), the average consumer saw or heard 1 million marketing messages – almost 3,000 per day.
In 2014, there are 1,500 stories competing to show up in your personal Facebook News Feed at any given moment.
E.g.: Facebook users send on average 31.25 million messages and view 2.77 million videos every minute!
But there are many more astounding numbers about how Much Data/ Information Do the World’s Internet Users (3.2 billion people in 2015) Produce Every Minute.
http://www.forbes.com/sites/bernardmarr/2015/09/30/big-data-20-mind-boggling-facts-everyone-must-read/#223fa2556c1d
http://www.adweek.com/prnewser/how-many-times-do-the-worlds-social-media-users-click-every-minute/117427
Today 3k adds or messages per day! We are deafened!
As a consequence we are becoming masters at dodging marketing messages. Who knows what this is? Who uses one?
So what are those 4 behavior trends that makes the tactics of the past no longer apply?
Instant gratification. Where does this come from? What does it mean?
conditioned by instant and constant feedback we all get from our mobile devices, making us constantly plugged in and turned on. In the meanwhile, we are used to receive instant feedback from our social followers. 90% of all text messages get read in under 3 minutes. Example of whatsapp and seeing when someone has read your message, and when someone is typing the answer…you’re curious about the answer right? You’re just standing there, mobile in the hand waiting for the reply to pop up! You can actually see the other person typing. This is the kind of engagement we are starting to expect when we engage with brands as well.
70% of millenials would rather go to the dentist than listen to the sales pitch of an insurer so you want to better make sure you have real time calculators to get a price quote on your website.
This translates into a graving for Instant feedback gratification. If you order a taxi you want to know when it arrives (typically in minutes) (Uber example), and you want to be sure it’s conform your standards.The moment you ask the uber, you get immediate response.
Today, the transparency of a crowd sourced platform is far more powerful today than the message of a campaign.
Let’s talk about that shall we? Connectedness. Mobile phones are the milennials’ sigarettes. We are so much in love with our mobiles that the first pedestrian lights built in the sidewalk are starting to appear. We no longer look up. Think about it. if we don’t even pay attention anymore to the traffic signs, what does that say about the billboards – or any other marketing message?
Trough the mobile device, the customer now has nearly infinite access to information and product choice anytime, anywhere, anyway. More than 80% of customers use their phone today to compare pricing, or lookup reviews while shopping a brick and mortar store. Price transparency is universal, and customers control many of the throttles regarding the messages they want to receive. Today, the customer’s path to purchase are rarely characterized by a few big, well-orchestrated moments. Instead, more but smaller interactions coalesce to determine success. In this new era, what happens in the now—in what Google refers to as micro moments —is often becoming more important than the cumulative effect of our best-laid and elaborate marketing plans.
Knowing that 1/3 of all mobile time is spent in messaging apps
Knowing that 1/3 of all mobile time is spent in messaging apps
t’ no surprise that Facebook recently announced AI Bots on their messenger platform – meaning businesses can now build deeper automated but personalized interactions with their customers on Messenger in a way that is contextual and convenient.
And we are not only connected trough our addictive mobile device, but more and more trough the internet of things. But just that makes that customer less available for any other type of communication that either does not give instant gratification or is misplaced in place and time. It’s making it even thougher to be relevant as a marketer. We need to ask ourselves, how do you cut trough the noise of big data?
The Samsung connected smart fridge is just one of the many examples taps into the momentum of the internet of things, and disrupts conventional business models – in this case in retail.
Samsung and Amazon have worked out a subsidized business model, where you get the fridge for free and the revenue model is based on the stuff you buy. It’s comparable to the subsidized models we have seen already in mobile telecommunication. This puts marketing organisations on it’s head. It’s no longer matter of having a digital marketing team, or teams focused on tactical channels such as social media. Think from now on about the Fridge marketing team as a new marketing discipline. These innovations allow brands to convert transactional customers into long term loyal buyers, since the connected fridge will provide valuable insights into when you buy what. It will allow to personalize any messaging you do with this customer.
Which brings me to personalization. Probably most of us are aware personalized promotional emails have 29% higher unique open rate. And yes, that’s important. But that’s not the point here. The point is, more and more we get conditioned, by the contextual features for example iOs brought us recently, or for example Waze.
Based on context (where I am), data (my calender has a meeting the other side of town in half an hour) and additional information such as traffic jams that occur along the traject – Waze will notify me when to leave in order to be on time. Apps like ‘if this than that’ put all of this on steroids – connecting apps and devices together – so that when I’m leaving on time my work mileage gets automatically tracked in my google xls sheet, my nest thermostat kicks in, and the lights from my Philips Hue go on back home…
This conditions us and our customers – we are starting to get lazy as a society – and it’s a good thing.
We are more and more assuming our suppliers know us better than we do, and no longer accept irrelevant messages in time and space. This means customers will only pay attention to less intrusive, most relevant messages that are convinient to them.
What is our purpose as a marketer? In the end it’ all about how we as marketers can create buyer journeys that stick. That are easy. If you combine connectedness, hyperpersonalisation and instant, you get to convience. Convinience brings it all together.
It’s about being where you need to be, at the right time, trough the right device, trough the proper channel in the right context.
A great example how Amazon has turned this paradigm into an opportunity is with the Dash buttons that allows you to order your washing liquid by the touch of a button.
It’s about being where you need to be, at the right time, trough the right device, trough the proper channel in the right context.
A great example how Amazon has turned this paradigm into an opportunity is with the Dash buttons that allows you to order your washing liquid by the touch of a button.
Which brings me to personalization. Probably most of us are aware personalized promotional emails have 29% higher unique open rate. And yes, that’s important. But that’s not the point here. The point is, more and more we get conditioned, by the contextual features for example iOs brought us recently, or for example Waze.
Based on context (where I am), data (my calender has a meeting the other side of town in half an hour) and additional information such as traffic jams that occur along the traject – Waze will notify me when to leave in order to be on time. Apps like ‘if this than that’ put all of this on steroids – connecting apps and devices together – so that when I’m leaving on time my work mileage gets automatically tracked in my google xls sheet, my nest thermostat kicks in, and the lights from my Philips Hue go on back home…
This conditions us and our customers – we are starting to get lazy as a society – and it’s a good thing.
We are more and more assuming our suppliers know us better than we do, and no longer accept irrelevant messages in time and space. This means customers will only pay attention to less intrusive, most relevant messages that are convinient to them.
What is our purpose as a marketer? In the end it’ all about how we as marketers can create buyer journeys that stick. That are easy. If you combine connectedness, hyperpersonalisation and instant, you get to convience. Convinience brings it all together.
It’s about being where you need to be, at the right time, trough the right device, trough the proper channel in the right context.
A great example how Amazon has turned this paradigm into an opportunity is with the Dash buttons that allows you to order your washing liquid by the touch of a button.
It’s about being where you need to be, at the right time, trough the right device, trough the proper channel in the right context.
A great example how Amazon has turned this paradigm into an opportunity is with the Dash buttons that allows you to order your washing liquid by the touch of a button.
• Data from 40 million smartphones • Atmospheric information from 50,000 flights per day • A network of over 140,000 weather stations
The Weather Company can deliver at scale up to 26 billion individual forecasts per day.
Insurars use this information to create convinience to their customers. Warn before a storm is coming to for example put the car in the garage. Win for the customer, win for the insurar.
What is our purpose as a marketer? In the end it’ all about how we as marketers can create buyer journeys that stick. That are easy. If you combine connectedness, hyperpersonalisation and instant, you get to convience.
Convinience brings it all together.
It’s about being where you need to be, at the right time, trough the right device, trough the proper channel in the right context.
A great example how Amazon has turned this paradigm into an opportunity is with the Dash buttons that allows you to order your washing liquid by the touch of a button.
As is Appiness, closer to home (Aalst) , Appiness lets you order the product that’s currently broadcasting on your television. Viewers kan buy with one tap what they currently see on the screen. It recognizes opbjects and by clicking the red button you can go directly to the linked webshops or add it to a whish list.
What the U.S. election and Brexit have to do with Marketing…
Power of media is fading
http://www.forbes.com/sites/williamarruda/2016/08/07/donald-trump-vs-hillary-clinton-the-social-media-report/#585caca14f0b
The total number of Google results returned when I typed in “Donald Trump” were 228 million. I received 145 million when I did the same for “Hillary Clinton.” Interesting, but what really matters is what the top three search results are, because the first three spots in a Google search garner the most clicks. (“Roughly 60% of search engine visits go the top three results,” according to Business2Community.)
http://www.bloomberg.com/politics/graphics/2016-presidential-campaign-fundraising/
Budget Trump = 385 million$, Clinton = 713 million$
What the U.S. election and Brexit have to do with Marketing…
Power of media is fading
The loyal contomer is dead
Data does not say it all
We seem to be living in a world where acting upon what you know about your audience does not guarantee you a good outcome. Just look
Some say the goal of marketing is delivering the right message at the right time through the right channel and device, however today that's no longer enough. Today it's more important to listen.
Life is more simple actually…Companies and brands need to do only one thing nowadays, and one thing only: put the customer in the center of all they do, empathize and fully understand the customer. This means more listening rather than sending.
And when it comes to listening, surveys and NPS are no longer enough. Behavior tells us much more than explicit feedback.
What the U.S. election and Brexit have to do with Marketing…
Power of media is fading
The loyal customer is dead
Data does not say it all
We seem to be living in a world where acting upon what you know about your audience does not guarantee you a good outcome. Just look
Some say the goal of marketing is delivering the right message at the right time through the right channel and device, however today that's no longer enough. Today it's more important to listen.
Life is more simple actually…Companies and brands need to do only one thing nowadays, and one thing only: put the customer in the center of all they do, empathize and fully understand the customer. This means more listening rather than sending.
And when it comes to listening, surveys and NPS are no longer enough. Behavior tells us much more than explicit feedback.
NEXT SLIDE: Fré – so far: Rise of the Customer, behaviour that dicates new marketing, Trump & Marketing. Now Fré will walk trough some examples in history that will show what would happen if yo don’t adapt to the new reality.
Fré from here
Nokia:
Lack of value proposition
Nokia was, at its heart, a hardware company rather than a software company—that is, its engineers were expert at building physical devices, but not the programs that make those devices work. In the end, the company profoundly underestimated the importance of software, including the apps that run on smartphones, to the experience of using a phone.
underestimated how important the transition to smartphones would be. classic case of a company being enthralled (and, in a way, imprisoned) by its past success. Diverting a lot of resources into a high-end, low-volume business (which is what the touch-screen smartphone business was in 2007) would have looked risky.
Nokia overestimated the strength of its brand, and believed that even if it was late to the smartphone game it would be able to catch up quickly. Long after the iPhone’s release, in fact, Nokia continued to insist that its superior hardware designs would win over users.
The high-tech era has taught people to expect constant innovation; when companies fall behind, consumers are quick to punish them.
Kodak:
Kodak did not fail because it missed the digital age. It actually invented the first digital camera in 1975.
instead of marketing the new technology, the company held back for fear of hurting its lucrative film business, even after digital products were reshaping the market.
Kodak thought that its new digital technology would cannibalize its film business. Sony and Canon saw an opening and charged ahead with their digital cameras. When Kodak decided to get in the game it was too late. The essence of marketing is asking first, “what business are we in?” and not “how do we sell more products?”
Smart marketing is about providing a company’s customer base value satisfaction.
Question: What do all these companies have in common?
They completely disrupted the market, the way of doing business…
Question: What do all these companies have in common?
They completely disrupted the market, the way of doing business…
Peter Hinssen:
With the digitalization of our economy, the outside world became a network. Organizations will have to learn to behave like networks as well.
What UBER has done is nothing spectacular, they just leverages existing assets and networked them together:
The existing infrastructure of cars
The existing infrastructure of Google Maps
The existing infrastructure of smartphones
Result: agility, speed, user traction and revenue
GAFA: Google, Amazon, Facebook and Alibaba They are all powerful networks
They believe in:
Meritocracy
Sharing information
Equality
The more they share in the network the more they become valuable, the more they are able to disrupt
Silicon Valley used to be the high tech capital (HP, Google and HP) of the world but it is now becoming the industry disruption capital of the world
Tesla is disrupting mobility
Youtube is disrupting the television industry
Paypal is disrupting the finance industry
Air BnB (180 000 beds in their supply every night) the world of hospitality and their IT department counts 3 people only
Bubble: not only If this than that, not only algoritms: think netflix, facebook, etc. We only take what’s served to us.
Next slide: practical examples Fré: Amazon & Cool blue
FREDERIK ASK QUESTION: what do these brand have in common with each other? They started out as a pure online player, disrupted the local market and are now opening bricks-and-mortar stores
DIGITAL MARKETING IS DEAD, THERE IS ONLY MARKETING IN A DIGITAL WORLD
Why?
Extra convenience for their clients deliver and return service
Extra service for their clients could get human advise on a product
Higher bargaining power when negotiating deals with suppliers showrooming
Integrate online and offline shopping experience for its consumers in addition to creating a strong brand image
DIGITAL MARKETING IS DEAD, THERE IS ONLY MARKETING IN A DIGITAL WORLD
By launching its online bookstore, Amazon completely disrupted the book market and meant the death of many physical book stores who couldn’t compete with
The convenience of ordering books online
An assortment that is way larger
(lower prices?)
Now Amazon has almost completely conquered that market, its opens its own book stores. In the store, the have no price tags on the shelfs. You have to put your smartphone in fornt of the product, scan it and than you get the price and additional offers, depending on your shop and search behavior online. (http://www.wnyc.org/story/amazon-bookstores-why/)
Amazon as well as Coolblue see a large increase in their online sales in a perimeter around the store Even if shoppers don't enter the store, just seeing the store is a reminder that Amazon could be the solution to holiday shopping problems.
What is displayed in a store will be sold way more easily, even online.
!!! BUT the physical stores that online retailers open are fundamentally different from the physical stores of a traditional offline player retail space is being reimagined as something different, such as a gallery, museum, clubhouse or events space. This trend is being driven by a desire to tap into the rise of the experience economy: people choosing to buy experiences over products!!! (https://www.theguardian.com/media-network/2016/jul/07/bricks-and-mortar-ecommerce-retail-digital)
Technology, particularly the Internet, has given customers more power. They can search the Internet to arm themselves with information about the products and services they want to buy long before they enter a retail store or call a B2B salesperson. This tectonic shift has made customer-centricity an imperative for marketers.
Source: https://business.linkedin.com/marketing-solutions/blog/content-marketing-thought-leaders/2015/5-examples-of-how-technology-is-changing-marketing-in-unexpected
Source: http://blog.capterra.com/whats-difference-between-crm-and-marketing-automation-software/
INBOUND: You PULL the customer towards your company when they are ready to buy (=when they are actively searching for products and services)
OUTBOUND: You PUSH your product/service offerings to people who are not ready to buy (=when they are not YET ready to buy (bad timing) or simply don’t want what you’re selling)
More traditional media (TV, radio, billboards (but can be online bannering/ads as well!)
SEO leads have a 14,6% close rate, outbound leads 1,7%
Help, not sell!
Next Slide: even to create Personae you have technology to help you out and automate this…
Example Social Karma profiler: persona development with Social karma http://social-karma.eu/profiler/
THE TACTICS OF THE PAST DO NOT APPLY ANYMORE.
So what does work? Where do we start this journey of engagement marketing? As said, we will need 5 principles of engagement marketing as a new play in order to differentiate ourselves with excellent customer experiences, and to tap into the opportunity we just saw. But we will also need technology to help with that. And Marketing automation is an important technology that can help you in delivering on your goal. Why marketing automation? Because MA will help you get out of the status quo of playing catch up with your customer.
NEXT SLIDE: Practical demo on how Marketing Automation works.
Visitor tracking of anonymous on THoM website
Marketing Automation results in a drastic change for a conventional marketing department marketers need to be marketing savy. Marketing managers need to invest time and money in educating their people about these new technologies
You are a team of Marketing Consulttants from THoM at Douwe Egberts. The CEO just approached you, he just noticed a major competitor has launched a conneced coffee machines and wants to put you on a mission to find out:
What benefit would this bring the consumer and how would it work? How would this benefit Douwe Egberts?
• Data from 40 million smartphones • Atmospheric information from 50,000 flights per day • A network of over 140,000 weather stations
Insurars use this information to create convinience to their customers. Warn before a storm is coming to for example put the car in the garage. Win for the customer, win for the insurar.
The House of Marketing works for a wide variety of md to large clients… and that makes that no two assignments are the same at The House of Marketing
Foto of ski
TOPIC POV: A famous brewing company is trying to retain its market share in a highly competitive and saturated market. Due to these challenging market conditions, the CEO hired you as a marketing consultant from The House of Marketing to come up with a new LT-marketing strategy to retain (and preferably increase) market share.