TV Channels in Us
TV Channels in Us
TV Channels in Us
Derek Brown
January 20, 2009
AMCHAM Marketing Committee
Fragmentation of Attention
A little history…
Tracking the Untracked…
http://www.retailerdaily.com/entry/blog-influence-on-consumer-purchases-surpasses-social-networks/
This is an algorithm or
consumer driven process
that is largely
out of your control
The Changing Customer
Customer 1.0
• 1950 through 1960‟s
• Dutiful Consumers
– Introduction of Mass Production and Mass Media
– Opening of National and Global markets
– One-size-fits-all
• Retail Channel
– Rise of department store and catalogs
• Demand outstripped Supply
– Newly affluent consumers with a limited range or brands
and products
Customer 2.0
• 1970 - 2000
• Manufactures expand choice
• Retail Expands, malls become destinations
– Category Killers; Walmart, Warehouse Clubs
– Ultra-niche channels and Specialized Catalogs
• Online appears and Retail builds new channels
– Consumer Buying patterns change, more fickle
– Customer service, returns, 24/7, online/off-line
• Consumers expectations change
Customer 3.0
• Massive variety of channels
• Infinite array of options
• Consumers Dictate how they purchase and consume
• Using community-based tools for decisions
• Uncontrolled conversation between consumers
Your customer is always one
click away from goodbye
So where does this leave us?
Exploding
Media
Channels
Business &
Marketing Fragmented
driven to Consumers
change
The Internet,
Digital Content,
Web Services
and eCommerce
Social
Everything
Networking
Else is selling
connects
more than
across
ever
boundaries
UGC
Customer
takes control
The Perfect Storm
meets FMCG
Social Media Ad Pain
We then ran those numbers through our Salience product to extract entities which included quotes
about #Motrinmoms, twitter names, places, companies, etc. From there we could see who had
more than 1% of the tweets, which we plotted as being positive or negative. This was a feel for
influencers. From that information we determined if tweets were more negative or
neutral/positive in regard to #MotrinMoms and saw that if you pulled out all of the neutral tweets
(those with a sentiment of zero) we ended up with 58% negative tweets and 42% positive
tweets. But whereas most campaigns are measured as neutral/positive vs. negative, that
overwhelmingly shows that this session would have been 65% positive/neutral vs 35% negative
Was this a time for
PR Crisis Management
or an opportunity
to engage and excite?
Marketing 101
Old 4Ps Marketing
Customer
Value Creator
Product
Place
Price
4Ps
Promotion
WEB2.0 Marketing
Customer
Content
Product (WEB2.0 Brand) Creator
5Ps
Promotion (Integrated Marketing)
Participation Publisher
(Conversations)
Online Visitor
Research
Listening
Emerging Methods
•
del.icio.us
Your Homework
Try a search…
• “your company/product sucks”
• “your company/product problem”
Talking
TALKING
TALKING
ROI Impact
• Consumer tends to stick with their early brand
• $5 per month x 40 years = $2,400
• Profit Margin 20% = $480 LTV
Energizing
And why do this?
• eBags: 76% of purchasers used the online reviews
– Forester Research ROI:
$200K investment = $400K Profit first year
• Petco : customers who browsed by rating were 49%
more likely to buy
• Less than 25% of ecommerce sites have reviews but
96% who have them rate as effective
Support
Supporting
Development
Embracing
The Conversation
before the sale
“We think the future of advertising is great products
that have marketing embedded in them.”
Jeff Hicks
CEO
Crispin Porter + Bogusky
October 2006
Seth Godin
Author / Speaker / Marketing Expert
PACKAGING
DISTRIBUTION
CRM
ADVERTISING
CONSUMER
Old Marketing
PRODUCT
PACKAGING
DISTRIBUTION
CRM
ADVERTISING
CONSUMER
Modern Marketing
When it all comes
together
Thank You – Q&A