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RETAIL MARKETING in TiMES of TURBULENCE

Retail Marketing in times of turbulence 2015

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RETAIL MARKETING in TiMES of TURBULENCE

“The greatest danger in times of turbulence is in times of turbulence is not the turbulence itselfbut to act with yesterday’s logic.”

Customer engagementCustomer engagement

Today’s CUSTOMERS expect MORE

Personalization DialogueDialogue

R l RecognitionRelevancy Recognition

Customization Interaction

DATADATA

Data Science

DATAis the new OIL= key economic driver

Broadband & software = the pipelines

Mobile devices = gaz stations

Mastering data scienceDATA = Addressability at scale (AAS)

1. Post : name & addressknowledge

2. Phone : number

3 E mail e mail addresswell known

3. E-mail : e-mail address

4. Internet : cookie & device id

5. Personal id platform

6. Internet of things : 2015identificationunknown

gidentifiedanonymous

Mastering data science Context leverages everything we know about the customer

identity

segmentlocation

timinglifecycle

All should frequency

platformchange the

i devicetreatment

experiencemessage

offervalue

Mastering data science

REMEMBER !

Content KINGContextConversation

KINGConversationConnectivity

Pull content and push content LISTEN and LEARN before talking LISTEN and LEARN before talking

Enables to answer Enables to answer the WHY questions (before only: who, what, when, where)

DATABENEFIT OF

More KPI orientedDATA

Data Science More impact on bottom lineData Science on bottom line

“The future is impossible to predict, p pwhat is easy to figure out, is what really matters to consumers.”

Jeff Bezos

y

TOOLS

MobileMobile

Mobile

Mobile mindshift==

t h e e x p e c t a t i o n t h a tI can get what I wantI can get what I wantin my immediate context

d t f d!and moments of need!

Mobile mindshift

Value of mobile moments=

p o i n t i n t i m e & s p a c ewhen someone pulls out a mobile device to ge t g

w h a t h e / s h e w a n t s

Mobile mindshift

What can you do to serve in that moment?

What is the

Value to customer? Value to you? What is the motivation?

Who needs help = audience?audience?

Utility basedexperiences

What is the context?

experiences

Which device?

What is the context?(location, emotion)

7th mass media = mobile

• Print

• Recordings

• Cinema

• RadioRadio

• TV

• Internet

M bil• Mobile

8th Augmented Reality8th Augmented Reality

Mobile6 imperatives that change how organizations will marketp g g

1. Mobile causes & enables behavioural change

2 Interest in the quantified self2. Interest in the quantified self

3. Contextual relevancy

4. Mobile is changing the path of purchase

5 Mobile leads to shift in engagement5. Mobile leads to shift in engagement

6. Mobile is changing your views on privacy

Customer centricity

PEOPLEPEOPLE

Customer centricityy

Adaptive customer

engagementengagement

Customer happiness

H t t t d ’ t t ti ?How to meet today’s customer expectations?

= DISRUPTIVEDATA Drives CUSTOMER engagementDATA Drives CUSTOMER engagement

TOOLSPEOPLE = DISRUPTIVEADAPTIVE= S UMultiple WAVES of NEW TECHNOLOGIES at the same timeAdaptive ORGANIZATIONS & LEADERSHIP at the same timeAdaptive ORGANIZATIONS & LEADERSHIP

Adaptive BUSINESS MODELS =

CUSTOMER CENTRICTY

HOW CAN WE HELP YOU?

WE ENABLE OUR CUSTOMERS

TO MAXIMISE SALESTO MAXIMISE SALES,MINIMISE BUSINESS RISKSMINIMISE BUSINESS RISKS

SMARTANDActionable

DATASMART

BUSINESS DECISIONSTAKE

Correct

Actionable

DATAAgile

THANK [email protected] Consultancy & Expertisewww.bisnode.be @kathleenonthego

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