MODULE 1 Challenges of Marketing to a Digital Customer Lets go back …just 10-12 years FB was still competing with MySpace for traffic was primarily selling books was just about released Brands still held the power… consumers went seeking NO MORE… Apart from the enablers like internet & mobile… what major changes in the last 10 years has molded the digital buying behavior? 1. First/ Second Moment of Truth--->> Zero Moment of Truth Decoding – Zero Moment of Truth (ZMOT) 2. Linear to non-linear buy journey Customer journeys have become complex! 3. Shift of control from brand to consumer 4. Digital platforms forcing a shift in marketing mix A • Anytime B • Brand presence C • Communication D • Discovery E • Experience Challenges of marketing to a digital customer DIGITAL CUSTOMER HENCE… • Short attention span • Be visible 24x7 • Impatient • Be available 24x7 • Being bombarded all the time • Stand out DIGITAL CUSTOMER HENCE… • Values proactive Brands • Give real-time information/ value at every step of the customer journey • Doesn’t want to be passive but have an active say • Create platforms for interactions & encourage co-creation • Non-linear journey • Seamless connect across platforms DIGITAL CUSTOMER HENCE… • Makes informed decisions • Be transparent • Less forgiving • Invest in generating advocates and influencer marketing • Values experience • Invest in tech to augment experience MODULE 2 Digital Culture & Role of Tech in Marketing Refers to the knowledge, beliefs, and practices of people interacting on digital networks that may recreate tangible-world cultures or create new strains of cultural thought and practice native to digital networks. There is NO organized roadmap for learning how the evolution of culture on digital platforms will unfurl. Two basic schools of thoughtExisting cultures might find themselves essentially recreated in digital form as more and more life experiences, from the exciting to the mundane, play out in digital spaces. The second school of thought posits that the dominant digital culture emerging now is a separate culture unto itself. Relationship between digital & physical cultures First, the growth of interaction on digital networks influences “traditional” cultures. Second, longstanding cultural traditions are influencing digital culture as it takes shape. Levels of culture • Personal Culture the knowledge, beliefs and practices held most dear to the individual. You may find yourself identifying with many group cultures or taking most of your interests from the dominant common culture. You can choose your personal culture. It is based both on what you believe in and what cultural products you consume. • Group Culture what we used to refer to as a “subculture.” It is the knowledge, beliefs and practices of a subset of people considered to be part of a larger culture. Group culture is distinct in some ways from the shared, broader common culture. Group culture might center on religious beliefs and practices, ethnic norms and interests, or food, music and other forms of material production. Groups can be as large as all Chinese-Americans and as small as the remaining St. Louis NFL fan culture. • Common Culture common culture can be arrived at when individuals and groups tell the same stories, or when mass media reach mass audiences with the same messages at the same (or about the same) time. Role of Tech in Marketing • Marketing technology or Martech is the technology that helps marketers reach their customers. • Put together, the collection of marketing technology tools, platforms and solutions that serves and supports a Marketing team is referred to as the ‘MarTech Stack’ of that organization. Objective of tech in marketing Speed • Fast to real-time • Right time, right place, right messaging • Right audience beyond geographical barriers Types of tech: Content Marketing Tools Rich Media Tools Data and Analytics Platforms Social Media Tools Marketing Automation Platforms & Tools Advertising Platforms & Tools Sales Enablement Tools Tech across customer life cycle journey Evolution of Martech! Thank you