the digital consumer - presented during the annual meeting for society for scholarly publishing

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THE DIGITAL CONSUMER 2014 SSP 36th Annual Meeting @nxfxcom

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The digital consumer - presented during the Annual Meeting for Society for Scholarly Publishing

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Page 1: The digital consumer - presented during the Annual Meeting for Society for Scholarly Publishing

THE DIGITAL CONSUMER

2014 SSP 36th Annual Meeting

@nxfxcom

Page 2: The digital consumer - presented during the Annual Meeting for Society for Scholarly Publishing

WHO AM I?

Benjamin Spiegel

Sr. Partner, Managing DirectorStrategy & Insights

GroupM, a WPP Company

@nxfxcom+1 (617) 663-4107linkedin.com/in/benjaminspiegel

[email protected]

@nxfxcom

Page 3: The digital consumer - presented during the Annual Meeting for Society for Scholarly Publishing

GroupM is the leading global media investment management operation.Worldwide Billings – US $90.8bn – 400 offices – 21,650 Employees – 81 Countries

@nxfxcom

Page 4: The digital consumer - presented during the Annual Meeting for Society for Scholarly Publishing

175,000 Employees in 3000 Offices in 110 CountriesAdvertising; Media Investment Management; Data Investment Management (formerly known as Consumer Insight); Public Relations & Public Affairs; Branding & Identity; Healthcare Communications; Direct, Digital, Promotion & Relationship Marketing; Specialist Communications

@nxfxcom

Page 5: The digital consumer - presented during the Annual Meeting for Society for Scholarly Publishing

Importance of Data & Technology to WPPOver the past 5 years, WPP has invested more than USD $1B in data.

@nxfxcom

Page 6: The digital consumer - presented during the Annual Meeting for Society for Scholarly Publishing

TYPES OF DATA WE CARE ABOUT

Product Usage Offline Media

Online Media Online PurchasesCRM Insights

Online Purchases

Online Purchases In-Store Purchases

Demographics

Lifestyle & Attitudes Stakeholder Data

Brand Health Ad Exposure

Competitive Media

Social Measurements

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Page 7: The digital consumer - presented during the Annual Meeting for Society for Scholarly Publishing

The Digital Consumer

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Page 8: The digital consumer - presented during the Annual Meeting for Society for Scholarly Publishing

The Digital Evolutions of 2014/2015

What we see, hear and feel

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Page 9: The digital consumer - presented during the Annual Meeting for Society for Scholarly Publishing

1. Change in ConsumersDigital Natives / Gen Me

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Page 10: The digital consumer - presented during the Annual Meeting for Society for Scholarly Publishing

2. Device FragmentationNative and Adaptive content

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Page 11: The digital consumer - presented during the Annual Meeting for Society for Scholarly Publishing

3. Consumption MethodsInnovation and Ease of Use

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Page 12: The digital consumer - presented during the Annual Meeting for Society for Scholarly Publishing

5. The Technology is hereNow it’s time to innovate

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Page 13: The digital consumer - presented during the Annual Meeting for Society for Scholarly Publishing

4. Analytics 3.1Devices & Embedded Analytics

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Page 14: The digital consumer - presented during the Annual Meeting for Society for Scholarly Publishing

Next Steps and Considerations

That’s great, but what now?

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Page 15: The digital consumer - presented during the Annual Meeting for Society for Scholarly Publishing

Users are Multi ChannelYou should be too; break down silos

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Page 16: The digital consumer - presented during the Annual Meeting for Society for Scholarly Publishing

Hire a Data ScientistIf you truly look at your data, you will find opportunities

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Page 17: The digital consumer - presented during the Annual Meeting for Society for Scholarly Publishing

Build a DMPCreate a centralized database

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Page 18: The digital consumer - presented during the Annual Meeting for Society for Scholarly Publishing

Use Data to Tell StoriesThe lost art of visual storytelling

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Page 19: The digital consumer - presented during the Annual Meeting for Society for Scholarly Publishing

Thank you

Tweet questions at @nxfxcom

@nxfxcom