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Marketing, where have we come
from, where are we going?
                                Peter Harris
The Future of Marketing
IMAGE from @22squared presentation
IMAGE from @22squared presentation
The media landscape has changed.
Past




Source: @willsh
Source: @willsh
Today




Source: @willsh
Some inconvenient truths

 “In most categories a brand’s market share is stationary”
 4 out of 5 categories seen as increasingly homogeneous
 3x $ spent on discounting as ‘brand building’ in fmcg
 0.5% average click-thru rate for banners
 Less than 1 in 10 ads seen as different
 4% response rate successful in DM




Sources: Andrew Ehrenberg; Copernicus Consulting; McKinsey
The consumer has changed.
Welcome to the participation economy




Source: @armano
The faces have changed.
Brand value has changed.
Old way

*Size of bubble = brand strength



                                     Experience




                 Communications




                                  Behaviour
#1 is McDonalds.com.au



#2 is Anti-Mcdonalds.com



#3 is McDonald’s Suppliers
The new way

*Size of bubble = brand strength



                           Experience




              Communications            Behaviour
The process has changed.
Old




Source: adapted by @ronnestam, @armano
New




Source: adapted by @ronnestam, @armano
The formula has changed.
Marketing 1.0




It’s about spamming 1,000,000 people to convert 100 people.

Source: Brandon Murphy from @22square
Marketing 2.0




It is about reaching the right 10 people who reach 100 people who reach 1,000 people.

   Source: Brandon Murphy from @22square
Source: Brandon Murphy from @22square
“Building relationships
through our brands is the
future of marketing.”
             Jim Stengel, CMO of P&G
If what we’re doing is right,
    and if we give them the tools,
    young people will do the marketing and
    organising for us
    (and be better at it than we are)
Source: William Owen, Made by Many, Vinspired: Everyone Working Together Presentation
brands must go beyond broadcast




Source: @armano
and become “facilitators”

Source: @armano
Source: @congbo
listen
Source: @criticalmass, @shamberg   measure
“
In the slightly altered word of John F Kennedy’s inaugural address
...Ask not what your (community) can do for you,
Ask what you can do for your (community)”




 Source: @Congbo
Source: @criticalmass, @shamberg
be remarkable
Source: @criticalmass, @shamberg
collaborate
Source: @armano
Where have we come from?                        Where are we going?
Messages                                                   Conversations
Big ideas, strategy & a lot of time   Micro launches, insights, iterations
Audience & eyeballs                                         Communities
Created by marketers                             Co-created with people
Controlling                                                 Empowering
Promises                                                          Actions
Static                                                          Dynamic
Transactional relationship                 Create communities of fans
The End Game

                                                 Sales


                                     Retail                 Marketing




                                HR                                      Media




                                                 Customer
                                                Community

                                     Customer                Innovation
                                      Service

Source: adapted by @armano,
visualisation by @michaelbatistic                  PR



     Putting the customer at the heart of decision making
The Future Of Marketing Nov09
The Future Of Marketing Nov09

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The Future Of Marketing Nov09