#ALLINtegrated - Fernanda Hoefel - El camino más directo al consumidor integrado.

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WWW.AMDIA.ORG.AR Fernanda Hoefel The new rules of consumer engagement in the digital era McKinsey

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The new rules of consumer engagement in the digital era Fernanda Hoefel, Partner en McKinsey Brasil, en #ALLintegrated, by amdia. www.amdia.org.ar/allin

Transcript of #ALLINtegrated - Fernanda Hoefel - El camino más directo al consumidor integrado.

Page 1: #ALLINtegrated - Fernanda Hoefel - El camino más directo al consumidor integrado.

WWW.AMDIA.ORG.AR

Fernanda Hoefel

The new rules of consumer engagement in the digital era

McKinsey

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Digital is amplifying key human behaviors

Uber-socialization

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Word of Mouse

Digital is amplifying key human behaviors

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User Generated Content

Digital is amplifying key human behaviors

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Crowdsourcing

Digital is amplifying key human behaviors

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Self-made expertise

Digital is amplifying key human behaviors

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Hyper-tasking

Digital is amplifying key human behaviors

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Hyper-tasking

Crowdsourcing

User Generated Content

Word of Mouse

Self-made expertise

Uber-socialization

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As a result, consumers pull in lots of information from various sources – they are protagonists of the new marketing

Word of MouseHyper-tasking

How will I decide?Who will I trust?What do I need?When do I need it?What aspects are relevant?

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Honesty and transparency

Relating to companies

Relevant content

Being recognized as individuals

That brands take a stand

New consumer expectations towards companies

Multichannel experiences

Permanent availability and speed of light

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Awareness Familiarity Consi-deration Purchase

From To

The new consumer decision journey

Evaluation

Loyalty

Consideration

Experience

Purchase

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Companies have a clear opportunity to engage consumers in their decision journey through digital

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Companies have a clear opportunity to engage consumers in their decision journey through digital

Point where consumers start a purchase, from an initial set of considerations

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Companies have a clear opportunity to engage consumers in their decision journey through digital

Active purchasing process - adding and removing brands from the

consideration process

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Companies have a clear opportunity to engage consumers in their decision journey through digital

Point where consumers choose one brand and make

the purchase

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Companies have a clear opportunity to engage consumers in their decision journey through digital

What did we do to understand the impact of these changes in the consumer's shopping decisions?

The ongoing process of experiencing the product and building

a lasting relationship with the brand

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Consumer exposure to digital touchpoints during the decision process

Most consumers seek to inform their shopping decision in various digital touchpoints, visiting them often

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1 Broadband average, travel packages and washing machine. Review websites and blogs only for travel packages and

washing machines

Most consumers inform their shopping decision in various digital touchpoints, visiting them often

~60 3x

Visit each

during the process

type of

website

more than

purchasing

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Breakthrough engagement advertiser

Companies can act in the decision journey to be closer to consumers and offer them what they need

Consideration

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Shopping processpersonalizer

Activeevaluation

Companies can act in the decision journey to be closer to consumers and offer them what they need

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Cross channel lead closer

Purchase

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Advocate Bond

Community magnet

Personal services provider

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Consideration

Evaluation

PurchaseLoyalty

Advocate

Shopping process personalizer

Personal services provider

Breakthrough engagement

advertiser

Cross channel lead closer

Community magnet

Bond

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Understand consumer activity in the decision

journey and align spending accordingly

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Link with consistentmessaging across

different types of media

and touchpoints – paid,

owned, earned

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Personalize the

journey , filtering big data from and

to the front line

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Simplify …reduce the effort …turn it like a game

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ToFrom

Iterative consumer decision journey ▪ Engagement manager▪ Campaign manager

Content focus ▪ Content publisher▪ Media buyer

Brands as communities ▪ Brand activism▪ Brand control

Massive volumes of data ▪ Real time intelligence▪ Post mortem surveys

24/7 consumers ▪ Continuous▪ Batch

Multichannel activity ▪ Integrating channels▪ Managing isolated channels

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As empresas têm uma clara oportunidade de engajar os consumidores em sua jornada de decisão por meio do digitalGRACIAS

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WWW.AMDIA.ORG.AR

The new rules of consumer engagement in the digital eraIn the digital age, consumers are moving outside the funnel, taking a more iterative and open-ended journey toward purchasing decisions than they did in the past. This is largely because consumers pull in so much more information from so many sources. Executives understand the rules of engagement have changed, but most have not figured out what they need to do to maximize their influence in this new world. Align spending with consumer activity in the decision journey, link with consistent messaging across different types of media and touchpoints– paid, owned, earned; convert across sales channels; and form bonds with consumers to gather insights and loop them back into the business. Digital is the key enabler behind this and should be leveraged by companies as a source of competitive advantage.