Trends and future of digital marketing

14
Trends & Future of Digital Marketing Andrew Lapham [email protected] 1 Nov-13

description

Andrew Lapham's presentation for the Chartered Institute of Marketing Milton Keynes Community Group on Wednesday 6th November 2013

Transcript of Trends and future of digital marketing

Page 1: Trends and future of digital marketing

Trends & Future of Digital Marketing

Andrew Lapham

[email protected]

1Nov-13

Page 2: Trends and future of digital marketing

Future digital marketing

• What is trending in digital marketing ?

• What will future consumers demand ?

• What’s being developed in the lab ?

• What could the future experience look like ?

• Open forum

Nov-13 2

Page 3: Trends and future of digital marketing

What is trending in digital marketing ?

Nov-13 3

Page 4: Trends and future of digital marketing

Digital Marketing Activities ?

Digital Marketing

Internet Advertising

Search Marketing

Email Marketing

Social Web Marketing

In Game

Advertising

Mobile Marketing

Nov-13 4

Website, Links

SEM, SEO, PPC

Just Spam ?

UGC : Blogs, Wiki, YouTube, FlickR

Brand recognition

More than Apps !

Page 5: Trends and future of digital marketing

Does social media matter ?

Nov-13 5

Page 6: Trends and future of digital marketing

The digital evolution of marketing

Nov-13 6

Web 1.0 (Static/ Txn) Web 2.0 (Social)

Marketing Focus Website or Content User / participant

Approach Push Push & Pull

Market Role Audience Participants

Market Behaviour Passive Passive & Active

Interactivity Machine Interactivity Person & Machine

Product Offering Production Co-production

Communication Model Monologue Dialogue

Control External Pacing External and Internal

Source : Marketing Paul Baines, Chris Fill and Kelly Page, 2011

Page 7: Trends and future of digital marketing

The digital evolution of marketing

Nov-13 7

Web 1.0 (Static/ Txn) Web 2.0 (Social)

Marketing Focus Website or Content User / participant

Approach Push Push & Pull

Market Role Audience Participants

Market Behaviour Passive Passive & Active

Interactivity Machine Interactivity Person & Machine

Product Offering Production Co-production

Communication Model Monologue Dialogue

Control External Pacing External and Internal

Source : Marketing Paul Baines, Chris Fill and Kelly Page, 2011

Page 8: Trends and future of digital marketing

Quotes from leading advertisers

“The traditional marketing model we all grew up with is obsolete” James R Stengel, CMO, Proctor & Gamble

“To me the challenge is not awareness, the challenge is engagement.” John Hayes, CMO, American Express

Nov-13 8

Source : Marketing Paul Baines, Chris Fill and Kelly Page, 2011

Page 9: Trends and future of digital marketing

What will future consumers demand ?

Digital natives born after 1985 & reared on pervasive technology

Nov-13 9

Source : Oracle Research: Retail –www.oracle.com ‘Digital Natives’ July 2013

Page 10: Trends and future of digital marketing

What will future consumers demand ?

Digital natives born after 1985 & reared on pervasive technology

Key findings reveal: Shopping in 2025• Digital natives want a better multi-channel experience that facilitates

seamless and connected interactions in a 24/7 environment.

• Technology is key to expediting the shopping experience and retail operations must be optimized in support of customer priorities.

• Stores are the channel of choice for digital native consumers today and are expected to remain critical in the shopping experience of the future.

• Online shopping is important and retailers must focus on developing multi-channel strategies to meet the growth of online commerce.

Nov-13 10

Source : Oracle Research: Retail –www.oracle.com ‘Digital Natives’ July 2013

Page 11: Trends and future of digital marketing

What will future consumers demand ?

Digital natives born after 1985 & reared on pervasive technology

Key findings reveal: Shopping in 2025• Price is the most important purchasing criteria now and is perceived to be

in the future.

• Promotions and product range are also key purchasing motivators, while brand is less important than price, range and assortment.

• Retailers need to make better use of actionable insight to target this group better with personalized promotions and interactions.

• Despite the importance of social networking, using these networks for purchasing is relatively rare.

Nov-13 11

Source : Oracle Research: Retail –www.oracle.com ‘Digital Natives’ July 2013

Page 12: Trends and future of digital marketing

What’s being developed in the lab ?

Nov-13 12

Page 13: Trends and future of digital marketing

But that’s all a long way away - right !

Nov-13 13

http://www.youtube.com/watch?v=7JItU05mjCk

UK’s First Interactive Grocery Store

Page 14: Trends and future of digital marketing

What could the future experience look like ?

Nov-13 14