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Non Traditional Marketing
Iñigo Gallo
Assistant Professor – IESE Business School
“It’s hard to say exactly what has driven the shift -
perhaps it is our connected lives, or our abundance
of choice, or the ability to get what we want when
we want it. But anyway you explore the trend, a new
consumer is emerging: the Empowered Consumer”
Steven Rosenbaum
new consumer?
NEW CMO?
doing
orga-
nizing
planning
doing
orga-
nizing
planning
challenges we face
doing
orga-
nizing
planning
challenges we face
CHALLENGE #1: understand new journey
% of
decisions?
90% of
budgets
CHALLENGE #1: understand new tool kit
CHALLENGE #1: understand new tool kit
CHALLENGE #2: audiences vs. consumers
be part of
the
conversa-
tion*
generate
the
conversa-
tion
*25% of content that appears in web searches for specific brand names is
generated by consumers
CHALLENGE #2: audiences vs. consumers
be part of
the
conversa-
tion
generate
the
conversa-
tion
0
5
10
15
20
Daily Once a
week
Once a
month
Once a
year
Never
done this
MBA interactions w/ brands on social media
averageviewsxvideo–top100globalbrands
how to overcome the
lack of engagement?
22
What
consumers
care about
What I
know about
the art of storytelling
CHALLENGE #3: experiences vs. products
experiences
around your
product
Enjoy it out of home
(with someone else)
PRODUCT
yogurt
Enjoy it out of home (with
someone else)
PRODUCT
Closer to cafeteria
style & participate in
the elaboration process
coffee
Enjoy it out of home (with
someone else)
PRODUCT
Participate in the
elaboration process
Learn: analyze,
track, compare, …
tennis gear
how do you
communicate an
experience?
communication of experiences
is PERSUASIVE as long as it
helps consumers TRANSPORT
into the experience
doing
orga-
nizing
planning
#1 new journey
#2 audiences
#3 experiences
doing
orga-
nizing
planning
CHALLENGE #1: complex media plans
CHALLENGE #2: understanding new metrics
Source: Hoffman and
Fodor, Can You Measure
the ROI of Social Media
Marketing?, MIT Sloan
Management Review,
2010
Don’t give me information…
Give me INSIGHT
CHALLENGE #3: understanding attribution
1 Prepare your data
store it so that
comparison is
easy
detect patterns
and apply
simple rules
CHALLENGE #3: understanding attribution
1 Prepare your data
2 Experiment
TV spending
organic search
display advertising
culture of
experimentation
1 Prepare your data
2 Experiment
3 Apply statistical models
math increasingly
important
doing
orga-
nizing
planning
#1 media plans
#2 metrics
#3 attribution
doing
orga-
nizing
planning
CHALLENGE #1: break the silos
develop / find the talent!
digital
marketing
doesn’t matter
marketing in a
digital world
does
transactional
customers
consultative
customers
Know what they want
You: commodity
Don’t want to meet
Cost focus
Criteria: price &
convenience
Have a problem
Value your time
Want meetings
Advice focus
Criteria: expertise
& trust
type of products / clients / salespeople
$
Source: Neil Rackham, To increase sales change the way you sell, IESE Insight 2014
CHALLENGE #2: more agencies, less work
CHALLENGE #2: more agencies, less work
jury not
out yet
coordi-
nation
costs up
respon-
sibility
still
yours
CHALLENGE #3: total transparency, a must
challenges we face
doing
orga-
nizing
planning
Non Traditional Marketing
Iñigo Gallo

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