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The New Marketing Reality




    (and what it means for business)
              Nitty Gritty
      Marketing Insight & Research
            September 2011             your name
your name
What this isn’t about

More Social Media
Stuff
– That if Facebook was
  a country it would be
  the world’s third
  largest
– Tweet or die
– Your Google Analytics
  Account
– Or why you need to
  be on LinkedIn
                             your name
It’s about Food for thought for your
          ‘Marketing Mind’
 What if anything has shifted
 about marketing?

 What does this mean for your
 business?

 How some businesses are
 responding to the challenges?

 Inspire your ‘fresh lens’ thinking
 ( one good thought is enough)

                                      your name
It was simple back then




 Marketing was all about telling
people how great we are and we
         had it covered
                                   your name
There was often a ‘plan’




    We dedicated a whole
strategy day to it reviewed it
      every 12 months
                                 your name
It was about products



    Drink   Drink     I’m
     Me      Me
                    New &
             Too
                    Special




We gave the consumer what
we thought they needed, new
 products all the time, when
   we wanted to sell them      your name
We dedicated resources




A Marketing Manager, a Part
  timer or someone with a
     sales background
                              your name
We had Marketing Gurus on tap




    We read BRW, practised the
    KISS Principle, went to the
          industry forums
                                  your name
We followed the M101 rulebook




     4Ps, Target Market, 80/20
           rule Check!!!
                                 your name
We physically attached our brand to
          a lot of things




      Signage, Labels, Websites,
      Fliers, Products, PR to get
         our brand ‘out there’
                                    your name
We repackaged and tweaked for
         a fresh look




    When consumers (and us) got
              bored
                                  your name
This was all good practice, once

But now its ‘Vintage Marketing’




                          your name
Where Marketers were...




    Information rich but insight poor

Companies collected or subscribed to the
           identical research

      Little competitive advantage
                                        your name
          ‘Infobesity’ prevailed
Then gradually marketers got the
         wake up call




     Marketing information managers replaced by
                  “insight managers”

       Product managers are now “segment” or
                “category” managers

    ‘Voice of Consumer’ in all areas of a company’s
                     operation
                                              your name
The good news – ‘USP’ is here to
            stay




        We still want to offer
     customers something we do
     the way we do it – that will
                                    your name
           never change
What happened?

Social media, of course




  But more than this
there is now a different
 landscape to market
        within....
                           your name
Since then Marketing has
undergone a massive shift




  Everything is Marketing and
    Marketing is everything
                                your name
Marketing has grown a huge
     number of hats




    Consumer insight, Key Influencers,
   Stakeholder relationships, community
      management and engagement,
      touchpoints, signature events,
  corporate responsibility, sustainability,
       customer experience, product         your name
  useability , spokespeople, sponsorship
To think about just bolting on
  ‘Marketing’ these days is
         meaningless




                            your name
Everything about your customers’
    experience is marketing




     Doesn’t matter if its not product
                  related
              Or occasional
         Or out of your control
              It all adds up             your name
Very simple tools for extracting insights from
     consumers are now at our disposal




   Framing      Immersions       Touchpoints
   See things    Get closer to     Identify the
    from the     consumers’        ‘Go-zones’
   consumers’    experiences        to engage
      POV

                                                  your name
‘Real world’ framing

     The ‘Aunty Pat’ test ...

     “What is this all about?”

     ‘Zoom out’ to for a fuller perspective

     How would a consumer respond?

     ‘Open a door’ to new thinking




                                       your name
There doesn’t seem to be a ‘one size fits
         all’ toolkit any more




      Marketing that works for you might
                       be unique
          There is no standard approach anymore
      Your best avenues may lie outside your business
                          control                     your name
Something old, something new
• Tele g r ams for          • Interflor a
  special                     ‘Random Acts of
  occasions                   Kindness’
   – Personalisation in a      – Brand is more than
     sea of ‘same-same’          the product
   – Retro trend               – Emotional hook
   – More occasions            – Create buzz outside
                                 of key purchase
                                 periods



                                              your name
The ‘competitive set’ is shattered




     ‘Competition’ has exploded
    outside traditional paradigms

   Defining what business you are
                                    your name
          really in is crucial
Ask what is your most fertile
        marketing territory?
• Le go – Toys? Or ‘Adult
  Escapism’
• Cof fee Shop – Coffee?
  Or ‘Family Rituals’
• Real Estate Agency –
  Selling Houses ?or
  ‘Welcoming’
• Photog r aphic studio
  – special occasions or
  ‘spreading gratitude’?
• V ir gin – airlines, credit,
  records or ‘infinitely
                                 your name
  better experiences’
Also remember, everyone has a role,
defined or not, in marketing the business




                  Staff and families
              Suppliers and Retailers
                Industry Influencers
                  Local community
               International partners   your name
Segments have Imploded




   The individual is at the fore
          The Village is returning
       Consumers are well travelled
Lifestyle/touchpoints more important than
              demographics
                                            your name
It’s Playtime for Marketing




       Experimentation
          Disruptive
   Stretching your territory
    Not just Social Media!     your name
24/7 Opportunities




      Market while you sleep
 Decision making is ‘out of the store’ why
         shouldn’t marketing be?
What connections could you be having in the
            consumer space?
                                              your name
Target ‘Moments’ in Consumer’s World




           Unexpressed Wants
         Convenience Orientation
             Solve a problem
          Tap an adjacent trend
                                   your name
‘Fresh lens’ on targeting
Thinking differently = newly minted marketing ideas
•   Photography Business – sought
    new Wedding based occasions to
    set apart service– inspired ‘first
    look’

•   Lingerie company – previously
    locked into special occasion - now
    offers yearly subscription for
    underwear ‘surprises’

•   Wine store –
    couldn’t battle large liquor stores -
    introduced BYO food concept
    trading off local eateries
                                                your name
Brands cant rely on visual platforms
             anymore




     Communications need to be just as
             cohesive outside 2-D
     and fit with Business is imperative your name
The ‘New
Consumer’ also
 requires us to
    rethink
   marketing

Consumers as we knew
  them have left the
      building
                       your name
Must be about Convenience




 Consumers are fatigued by
     sales, uninspired by
   department stores, poor
    service and ubiquitous
                               your name
offerings and look elsewhere
New Consumer is marketing savvy




    They are well educated in
     marketing speak so also
         highly cynical
                                your name
‘Whatever’, ‘We’re busy’
Businesses must be accessible




   You have ‘15 secs’ and no
  one is interested in a sales
              pitch
   Consumers are impatient,
  (somewhat lazy) and easily
                                 your name
           distracted
Connect, it’s more than just talking
          at consumers!




          Consumerism is Out!
      Your connection points can
      be anything and everything
                                     your name
     not just around what you sell
It’s all about me, individuals seeking
more than transactions




                                  your name
Let consumers truly ‘own’ the purchase
            experience




 • ‘Shoes of Prey’
 • Totally Customised Shoe
 • Creative experience takes shopping into ‘design’
                                             your name
Word of mouth trumpets other media,
some comfort there?




                              your name
But is this tried and trusted source is
            also declining?




                                    your name
The Answers?
    Don’t rely on conventional
    marketing wisdom that
    everyone is using
•   Don’t think like a marketer!
•   Forget the traditional
    consumer model
•   Connect with ideas in all
    arenas
•   Insight driven marketing
•   Use ‘fresh lens thinking’ to
    understand your territory
•   Clear and consistent Branding
•   Market Research
                                     Not as one offs
•   Ongoing Trial and evaluation           but
                                    CONSTANTLY!!!! your name
The key to the new consumer is
‘Surprise me’ if you want to keep my
              business




                                 your name
Thank you and happy ‘fresh lens’
          marketing!

                                   your name

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The New Marketing Reality

  • 1. The New Marketing Reality (and what it means for business) Nitty Gritty Marketing Insight & Research September 2011 your name
  • 3. What this isn’t about More Social Media Stuff – That if Facebook was a country it would be the world’s third largest – Tweet or die – Your Google Analytics Account – Or why you need to be on LinkedIn your name
  • 4. It’s about Food for thought for your ‘Marketing Mind’ What if anything has shifted about marketing? What does this mean for your business? How some businesses are responding to the challenges? Inspire your ‘fresh lens’ thinking ( one good thought is enough) your name
  • 5. It was simple back then Marketing was all about telling people how great we are and we had it covered your name
  • 6. There was often a ‘plan’ We dedicated a whole strategy day to it reviewed it every 12 months your name
  • 7. It was about products Drink Drink I’m Me Me New & Too Special We gave the consumer what we thought they needed, new products all the time, when we wanted to sell them your name
  • 8. We dedicated resources A Marketing Manager, a Part timer or someone with a sales background your name
  • 9. We had Marketing Gurus on tap We read BRW, practised the KISS Principle, went to the industry forums your name
  • 10. We followed the M101 rulebook 4Ps, Target Market, 80/20 rule Check!!! your name
  • 11. We physically attached our brand to a lot of things Signage, Labels, Websites, Fliers, Products, PR to get our brand ‘out there’ your name
  • 12. We repackaged and tweaked for a fresh look When consumers (and us) got bored your name
  • 13. This was all good practice, once But now its ‘Vintage Marketing’ your name
  • 14. Where Marketers were... Information rich but insight poor Companies collected or subscribed to the identical research Little competitive advantage your name ‘Infobesity’ prevailed
  • 15. Then gradually marketers got the wake up call Marketing information managers replaced by “insight managers” Product managers are now “segment” or “category” managers ‘Voice of Consumer’ in all areas of a company’s operation your name
  • 16. The good news – ‘USP’ is here to stay We still want to offer customers something we do the way we do it – that will your name never change
  • 17. What happened? Social media, of course But more than this there is now a different landscape to market within.... your name
  • 18. Since then Marketing has undergone a massive shift Everything is Marketing and Marketing is everything your name
  • 19. Marketing has grown a huge number of hats Consumer insight, Key Influencers, Stakeholder relationships, community management and engagement, touchpoints, signature events, corporate responsibility, sustainability, customer experience, product your name useability , spokespeople, sponsorship
  • 20. To think about just bolting on ‘Marketing’ these days is meaningless your name
  • 21. Everything about your customers’ experience is marketing Doesn’t matter if its not product related Or occasional Or out of your control It all adds up your name
  • 22. Very simple tools for extracting insights from consumers are now at our disposal Framing Immersions Touchpoints See things Get closer to Identify the from the consumers’ ‘Go-zones’ consumers’ experiences to engage POV your name
  • 23. ‘Real world’ framing The ‘Aunty Pat’ test ... “What is this all about?” ‘Zoom out’ to for a fuller perspective How would a consumer respond? ‘Open a door’ to new thinking your name
  • 24. There doesn’t seem to be a ‘one size fits all’ toolkit any more Marketing that works for you might be unique There is no standard approach anymore Your best avenues may lie outside your business control your name
  • 25. Something old, something new • Tele g r ams for • Interflor a special ‘Random Acts of occasions Kindness’ – Personalisation in a – Brand is more than sea of ‘same-same’ the product – Retro trend – Emotional hook – More occasions – Create buzz outside of key purchase periods your name
  • 26. The ‘competitive set’ is shattered ‘Competition’ has exploded outside traditional paradigms Defining what business you are your name really in is crucial
  • 27. Ask what is your most fertile marketing territory? • Le go – Toys? Or ‘Adult Escapism’ • Cof fee Shop – Coffee? Or ‘Family Rituals’ • Real Estate Agency – Selling Houses ?or ‘Welcoming’ • Photog r aphic studio – special occasions or ‘spreading gratitude’? • V ir gin – airlines, credit, records or ‘infinitely your name better experiences’
  • 28. Also remember, everyone has a role, defined or not, in marketing the business Staff and families Suppliers and Retailers Industry Influencers Local community International partners your name
  • 29. Segments have Imploded The individual is at the fore The Village is returning Consumers are well travelled Lifestyle/touchpoints more important than demographics your name
  • 30. It’s Playtime for Marketing Experimentation Disruptive Stretching your territory Not just Social Media! your name
  • 31. 24/7 Opportunities Market while you sleep Decision making is ‘out of the store’ why shouldn’t marketing be? What connections could you be having in the consumer space? your name
  • 32. Target ‘Moments’ in Consumer’s World Unexpressed Wants Convenience Orientation Solve a problem Tap an adjacent trend your name
  • 33. ‘Fresh lens’ on targeting Thinking differently = newly minted marketing ideas • Photography Business – sought new Wedding based occasions to set apart service– inspired ‘first look’ • Lingerie company – previously locked into special occasion - now offers yearly subscription for underwear ‘surprises’ • Wine store – couldn’t battle large liquor stores - introduced BYO food concept trading off local eateries your name
  • 34. Brands cant rely on visual platforms anymore Communications need to be just as cohesive outside 2-D and fit with Business is imperative your name
  • 35. The ‘New Consumer’ also requires us to rethink marketing Consumers as we knew them have left the building your name
  • 36. Must be about Convenience Consumers are fatigued by sales, uninspired by department stores, poor service and ubiquitous your name offerings and look elsewhere
  • 37. New Consumer is marketing savvy They are well educated in marketing speak so also highly cynical your name
  • 38. ‘Whatever’, ‘We’re busy’ Businesses must be accessible You have ‘15 secs’ and no one is interested in a sales pitch Consumers are impatient, (somewhat lazy) and easily your name distracted
  • 39. Connect, it’s more than just talking at consumers! Consumerism is Out! Your connection points can be anything and everything your name not just around what you sell
  • 40. It’s all about me, individuals seeking more than transactions your name
  • 41. Let consumers truly ‘own’ the purchase experience • ‘Shoes of Prey’ • Totally Customised Shoe • Creative experience takes shopping into ‘design’ your name
  • 42. Word of mouth trumpets other media, some comfort there? your name
  • 43. But is this tried and trusted source is also declining? your name
  • 44. The Answers? Don’t rely on conventional marketing wisdom that everyone is using • Don’t think like a marketer! • Forget the traditional consumer model • Connect with ideas in all arenas • Insight driven marketing • Use ‘fresh lens thinking’ to understand your territory • Clear and consistent Branding • Market Research Not as one offs • Ongoing Trial and evaluation but CONSTANTLY!!!! your name
  • 45. The key to the new consumer is ‘Surprise me’ if you want to keep my business your name
  • 46. Thank you and happy ‘fresh lens’ marketing! your name