Branding In The Digital Age

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randing in a Digital Age...

Transcript of Branding In The Digital Age

Page 1: Branding In The Digital Age

Branding in a

Digital Age...

Page 2: Branding In The Digital Age

Applying the insights to the

Indian Market

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Many Brands

Fewer Brands

Final Choice

Buy

Then Funnel Metaphor

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Many Brands

Fewer Brands

Final Choice

Buy

Then Funnel Metaphor

1

Many Brands

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Many Brands

Fewer Brands

Final Choice

Buy

Then Funnel Metaphor

FewerBrands

21

Many Brands

Page 6: Branding In The Digital Age

Many Brands

Fewer Brands

Final Choice

Buy

Then Funnel Metaphor

FinalChoice

FewerBrands

321

Many Brands

Page 7: Branding In The Digital Age

Many Brands

Fewer Brands

Final Choice

Buy

Then Funnel Metaphor

FinalChoice

FewerBrands

321

Many Brands

Buy

4

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Now

Consumer Decision Journey

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Now

Consumer Decision Journey

Consider

1

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Now

Consumer Decision Journey

Evaluate

2

Consider

1

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Now

Consumer Decision Journey

Evaluate

Buy

23

Consider

1

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Now

Consumer Decision Journey

Evaluate

Buy

23

Consider

1

Enjoy,Advocat

e,Bond

4

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Marketers often overemphasize the

‘consider’ & ‘buy’ stages of the CDJ

Consider

& Buy

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The contemporary Digital Age makes the

‘evaluate’ & ‘advocate’ stages

increasingly relevant Evaluate&

Advocate

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Effective Bonding leads to the creation of a strong and lasting loyalty loop

Bond

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Analyzing & Understanding the

Indian Market

Branding in a

Digital Age...

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Adopt a Consumer Decision Journey

driven strategy

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Target Stages in the Decision Journey

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Understand your Customers

Analyze Customer Behaviour

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Focus on theTouch Points

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Indian Consumer Market

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Consider

Advertise

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Consider

Impress your audience

effectivelyAdvertise

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Consider

Place the product strategically

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Evaluate

Evaluation is critical to the CDJ

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Evaluate

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Evaluate

Focus on Internet & Social Media

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Evaluate

Enhance the web experience

Focus on Internet & Social Media

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Evaluate

Enhance the web experience

Focus on Internet & Social Media

Stress on Product Reviews

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Evaluate

Enhance the web experience

Maintain a coherent Brand image

Focus on Internet & Social Media

Stress on Product Reviews

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Buy

Ensure a Buy

Deliver an integrated experience

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Advocate

The ‘Buy’ stage is not the end at all

But

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AdvocacyAdvocat

e

The single most powerful impetus to

make a customer buy is someone else’s

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Advocate

Every Advocate brings in 3 new customers

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Advocate

Every Advocate brings in 3 new customers

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Analyze Customer Behaviour through effective feedback

Encourage Advocacy and ensure Customer Relationships

Employ and incorporate Social Monitoring Tools

Keep your customers happy and satisfied

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CDJ is the apt answerto the marketing issues of the

Digital Age

Thus

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Thank You

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Created By

Priyanjit Biswas,Jadavpur University

During an internship under

Prof. Sameer Mathur,IIM Lucknow

www.IIMInternship.com