elvira bolat changingnatureofmarketingcommunications

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Changing Nature of Marketing Communications: Traditional vs. Interactive MC Elvira Bolat [email protected] @Elvira_MLady

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Changing nature of marketing communications Talk delivered at Education UK Exhibition, Moscow, Oct 2014

TRANSCRIPT

Page 1: Elvira bolat changingnatureofmarketingcommunications

Changing Nature of Marketing Communications:

Traditional vs. Interactive MC

Elvira [email protected]@Elvira_MLady

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Changing Nature of Marketing Communications:

Traditional vs. Interactive MC

Elvira [email protected]@Elvira_MLady

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The 43-Hour Media Day

Source: Yahoo and OMD (2006).

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Digitisation

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“digital marketing is dead”

“we are now in an era of ‘post-digital’ marketing”

(Friedlein 2014)

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Source: econsultancy.com

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Digitisation Impact on MC

• 24/7• Multimedia• Ubiquity• Global availability• Interactivity• 1-2-1 and micromarketing• Integration

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Influence Model !

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Digital Revolution: Implications for Marketing

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Digital Consumer & Customer

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Rethinking Market Research

• New Science• Increase of accessibility to and amount of secondary data• Relevant & timely information• Low or Zero cost for access (Search engines, Google, Yahoo,

Bing)• Access inside consumer’s ‘mind’ (blogs, communities, SN) -

UGC• Primary data collection capability expansion (Speed & Cost

efficiency)• Digital means to conduct research: synchronous environment,

real-time chat room • Measurement and Effective, relevant data Usage

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Social Media

(Howie 2014)

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• Business Models driven by interaction rather than transaction (dCRM touch points)

• Creation of brand advocates not just ads (Investment into social leadership)

• Listen, than engage• Investment into tools and

expertise (SRO)• ROI – Return on Involvement• Use of multiple interfaces

Social Media

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Social Media

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Latest trend: The Selfie syndrome

“Ellen Oscar Selfie officially most retweeted photo ever, 2.5 million and

counting”

“Selfie trend pushing demand for plastic surgery”

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