– Widespread availability of digital tools – Economic turmoil • What can we expect for marketing & advertising in 2009/2010? – Slimmer budgets – Demand for innovation – Intense demand for measureable ROI 12/07/21 Good Goliath, LLC 2 Marketing in the Digital Age
Books I am (re)reading right now:
The Millennium Matrix, Rex Miller What Would Google Do?, Jeff Jarvis Wikinomics, Tapscott/Williams Leading the Revolution, Gary Hamel The 1:1 Future, Peppers/Rogers The Future of Advertising, Joe Cappo
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Marketing in the Digital Age
• What’s happening now?
• Communication paradigms: – Oral – Print – 1450 – Broadcast – 1902 – Digital – 1998
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Marketing in the Digital Age
Communication paradigms shape how we
think, and define our economy.
Why is it so difficult to make the transition?
What are we holding onto?
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Marketing in the Digital Age
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Marketing in the Digital Age
• THE DIGITAL AGE
– What tools are emerging? • Search • Web 2.0 – user-created content, feedback loops, blogs, social networks • Mass-collaboration engines • Mass-customization • Customer relationship management (CRM)
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Marketing in the Digital Age
• What does this mean for:
– Brochures & catalogs? – TV & radio advertising? – Banner ads? – E-newsletters?
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Marketing in the Digital Age
• THE DIGITAL AGE
• New tools = new strategies + tactics – Search – Web 2.0 – user-created content, feedback loops, blogs, social networks – Customer relationship management (CRM)
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Marketing in the Digital Age
• THE DIGITAL AGE
– What becomes possible?
– What becomes unnecessary?
– What trends are emerging?
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Marketing in the Digital Age
• THE DIGITAL AGE - trends
– Share of customer, not share of market – Smaller markets, higher saturation – Platforms for open development – Frictionless economy • Good-bye to middlemen, agencies – Disruptive innovation as a way of life
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Marketing in the Digital Age
• THE DIGITAL AGE – is the age of
search – Customers, partners, employers find you on: • Google, LinkedIn, Facebook, MySpace – Social networks put you in control of your online identity
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Marketing in the Digital Age
• THE DIGITAL AGE – is the age of
partnership and collaboration – Good customers are the advertisers – Bad customers are partners in quality control – Transparency and collaboration make the digital age a very public place • Wikipedia, Jigsaw, Yelp!
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• THE DIGITAL AGE – is the age of
disruptive innovation as a way of life – Platforms for development: • I-phone apps • Facebook apps • Google apps • Salesforce.com apps (computing cloud)
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Marketing in the Digital Age
• THE DIGITAL AGE – is the age of
intense customer focus – Waning terminology: • Market share/market segmentation • Target audience, ratings, demographics – Digital thinking: • Share of customer/share of wallet • Personal, customized, 1:1
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Marketing in the Digital Age
• THE DIGITAL AGE – is the age of
intense customer focus – Focus on meeting customer needs…as many of them as are feasible • ABC Pest & Lawn • Dell • Google – Marketing & Sales are ONE
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Marketing in the Digital Age
• What Good Goliath is doing:
– Returning our focus to the original vision – Leveraging our core strengths in new ways – Collaborating with customers – Innovating web platforms for vertical growth