elvira bolat changingnatureofmarketingcommunications
DESCRIPTION
Changing nature of marketing communications Talk delivered at Education UK Exhibition, Moscow, Oct 2014TRANSCRIPT
Changing Nature of Marketing Communications:
Traditional vs. Interactive MC
Elvira [email protected]@Elvira_MLady
Changing Nature of Marketing Communications:
Traditional vs. Interactive MC
Elvira [email protected]@Elvira_MLady
2.4 million28 million
$98.2 million
The 43-Hour Media Day
Source: Yahoo and OMD (2006).
Digitisation
“digital marketing is dead”
“we are now in an era of ‘post-digital’ marketing”
(Friedlein 2014)
Source: econsultancy.com
Digitisation Impact on MC
• 24/7• Multimedia• Ubiquity• Global availability• Interactivity• 1-2-1 and micromarketing• Integration
Influence Model !
Digital Revolution: Implications for Marketing
Digital Consumer & Customer
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
Social Media
(Howie 2014)
• 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
Social Media
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”