Transformation in Digital Advertising

Post on 13-Sep-2014

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Gunther Schumacher, President & Chief Operating Officer of OgilvyOne Worldwide, the world’s pre-eminent Customer Engagement Agency, was the keynote speaker at LinkedIn’s recent TechConnect event in Silicon Valley. His presentation, entitled “Transformation in Digital Advertising,” presented a rationale for the use of social media to engage B2B audiences, including the staggering statistic that 61% of B2B marketers report leads generated by social media. Gunther proposed that the rise of social media has expanded the definition of value to include the network effect of advocacy and active collaboration and co-creation and that technology, creativity and data work together to maximize the network effect and capture Total Customer Value. His presentation drew upon the latest research from OgilvyOne into how Total Customer Value can be created and demonstrated how the Customer Engagement Agency has effectively achieved this for global business-to-business clients including IBM, DuPont and UPS.

Transcript of Transformation in Digital Advertising

#inTC13Gunther SchumacherWorldwide President & COOOgilvyOne Worldwide

@OgilvyOne

TRANSFORMATION IN DIGITAL ADVERTISING

This Is Not Your Customer

She

is Your

Customer

100%

Use social mediaSource: DHR International Survey in Forbes: “LinkedIn Is Preferred By Executives,” April 9th, 2013

A Changed Landscape

A Changed Landscape88% of business execs use LinkedIn often or very often (1)

61% of B2B marketers report leads generated by social media (2)

75% of tech decision makers engage with vendors through social media (3)

59% of tech decision makers are more influenced by social than by online media (3)

58% of decision makers turn to social media to learn from trusted peers (3)

Source 1: DHR International Survey in Forbes: “LinkedIn Is Preferred By Executives,” April 9th, 2013Source 2: eMarketer.com: B2B Social Media Lead Generation: Best Practices for 2013, August 20, 2013Source 3: BreakingGov.com “Why Social Media Networks are Gaining a Greater Role in IT Decisions” January 8, 2013

Social = Business

COLLABORATION

ADVOCACY

LIFETIME

TRANSACTIONS

I N D I V I D U A L}N E T WO R K}

Total Customer Value

G l o b a l S o c i a l L o y a l t y S t u d y

Country

USA

UK

Germany

France

Brazil

China

India

Indonesia

Mexico

UAE

South Africa

Category

Airlines

Banking

Cars

Face Care

IT Hardware

IT Solutions

Male Grooming

Telecom

TV’s

Softdrinks

&

Relative Likelihood to Engage Socially

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100%#

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Brazil'

China'

USA' UK

'

Germany'

France'

India'

Mexico'

Japan'

Thailand'

OVERALL'

Recommenders'NonDrecommenders'

0%

Impact of Social Engagement on Loyalty

0%#

100%#

200%#

300%#

400%#

500%#

600%#

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10%#

20%#

30%#

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70%#

Brazil'

China'

USA' UK

'

Germany'

France'

India'

Mexico'

Japan'

Thailand'

OVERALL'

Recommenders'NonDrecommenders'

0%

Impact of Social Engagement on Loyalty

Recommenders: +15%

Non-Recommenders:+424%

Overall: +348%

!400%%

!200%%

0%%

200%%

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600%%

800%%

!40%%

!20%%

0%%

20%%

40%%

60%%

80%%

Airlines%

Banking%

Cars%

Comm

s%Providers%

Face%Care%

IT%Hardw

are%

IT%SoluBons%

Male%Grooming%

SoE%D

rinks% TV

%

Overall%

Recommenders*Non,recommenders*

0%

Impact of Social Engagement on Loyalty

!400%%

!200%%

0%%

200%%

400%%

600%%

800%%

!40%%

!20%%

0%%

20%%

40%%

60%%

80%%

Airlines%

Banking%

Cars%

Comm

s%Providers%

Face%Care%

IT%Hardw

are%

IT%SoluBons%

Male%Grooming%

SoE%D

rinks% TV

%

Overall%

Recommenders*Non,recommenders*

0%

Recommenders: +76%

Non-Recommenders: +337%

Overall: +402%

Impact of Social Engagement on Loyalty

F I N A N C I A LS T R U CT U R A L

S O C I A LE M OT I O N A L

Use all 4 Bonds

F I N A N C I A L

- M E M B E R S H I P R E WA R D S

S T R U CT U R A L

- A N N U A L F E E

S O C I A L

- M E M B E R - G E T - M E M B E R

E M OT I O N A L- ” M E M B E R S I N C E ”

Example American Express

How to Navigate this World

WHAT YOU HAVE TO EXCEL AT

SEARCH SOCIAL MOBILE

PERFORMANCE MARKETING

E COMMERCE CONTENT

DATA & TECHNOLOGY

TRIGGEREVENTS

RESEARCH

SHOP &PURCHASEUSAGE

SHARE

Understanding the Customer Journey is Key

Can You ReadDigital Body Language?

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Can You ReadDigital Body Language?

LO C AT I O N

S I T E S

C O N V E R S AT I O N S

S E A R C H E S

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= Purchase Intent

Search Insights

Post-Play Interaction

Content/Development

Tagging and Optimizing Distribution Improved

Results

Listen & Observe before You Create

Invite your Customers to Participate

SMARTER CITIES

Technology = The New Creative

Talent Implications

Hire Diverse, Multi-dimensional Talent

Your Customers Choose the Channel

US Open - Engagement Ecosystem

Tell Engaging Stories

“You cannot bore people into buying your product...”

The World’s Smallest Movie

Recap

Capture individual and network value- understand each customer’s value

- create social bonds through participation

Capture individual and network value

Start with individual customer journeys- read digital body language

- let your customer choose the channel & journey

Capture individual and network value

Start with individual customer journeys

Tell engaging stories- hire diverse, multi-dimensional talent

- listen & observe first, then create

- technology = the new creative

Capture individual and network value

Start with individual customer journeys

Tell engaging stories

Questions? #inTC13

Thank You #inTC13