BlueSpire TrendLab Webinar: March 2014

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Digital is the New Traditional (and the Trends That Make it So)

description

In this "Digital is the New Traditional (and the Trends That Make it So)" webinar, BlueSpire marketing experts discuss how consumers are interacting and engaging with brands on digital platforms. Among the many things discussed during the webinar were: -Insights gained from proprietary research on how consumers engage with healthcare organizations and financial institutions on websites, mobile and email. -A number of relevant digital engagement examples from a wide range of industries, including those in highly regulated industries. -Recommendations from our experts that can be implemented at nearly any organization, including those in highly regulated industries.

Transcript of BlueSpire TrendLab Webinar: March 2014

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Digital is the New Traditional

(and the Trends That Make it So)

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Welcome

Today’s presentation is brought to you by BlueSpire Strategic Marketing.

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Featured Presenters, Speakers

Beth Miller, EVP/Client Services, Content, Design and Innovation

Christian Twiste, VP/Interactive

Kimberly Morgan, Sr. Marketing Strategist

Jen Joly, Sr. Director/Marketing, Communications and Brand Management

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Agenda INSIGHTS

Insights on consumer preferences when it comes to digital engagement.

EXAMPLES Relevant digital engagement examples from a wide

range of industries, including financial services and healthcare.

RECOMMENDATIONS Specific recommendations that can be implemented at

nearly any organization in highly regulated industries.

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INSIGHTS: What do consumers want when it

comes to digital engagement?

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Proprietary BlueSpire Consumer Study

Conducted February 2014

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The Opportunity

3 hours or more 2 hours to less than 3 hours

1 hour to less than 2 hours 30 minutes to less than an hour

30 minutes or less

65% of respondents spend 1 hour or more with a specific company’s app(s), social site(s) or website.

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High Frequency Wealth & Health

0 10 20 30 40 50 60 70 80

Others

Health & Fitness

Clothing & Retail

Food & Drink

Financial

News

Entertainment

Games

What types of companies do you interact with at least once per week?

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It’s About THEM.

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

35.0%

What feature do you like least?

What features do you like most?

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That Personal Touch

0.00%

5.00%

10.00%

15.00%

20.00%

25.00%

30.00%

35.00%

40.00%

45.00% Chose 'Makes recommendations for me based on my preferences and past behaviors' when asked "What feature do you like most about company apps or web sites?"

Chose 'Personalized content' as one of the top three things they "like most about e-mails [they] receive from a company"

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Comparing Health and Wealth Engagement

0.00%

10.00%

20.00%

30.00%

40.00%

50.00%

60.00%

Everyday A few times a week

A few times a month

A few times a year

Health Wealth

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Phone Convos are Not Dead

0% 10% 20% 30% 40% 50% 60% 70% 80% 90%

100%

Family Friends Healthcare Provider

Health Insurance Company

Financial Institution

Financial Adviser

Email Mail Instant Messaging Text Phone Other/No Preference

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Most Important for Email

0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0%

Health Wealth

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Other Trends Driving Digital Engagement

Learning from other industries

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“57% of consumers are willing to share additional personal information, such as their location, top five Facebook friends’ names and information about family members, in return for financial rewards or better service.”

- Coleman Parkes, April 2013

http://trendwatching.com

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“Anything exceptional that ‘connected objects’ can do for consumers, whether that’s monitoring or improving health, helping them save money, getting chores done, will be warmly welcomed next year and beyond.”

http://trendwatching.com

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“86% of US internet users have attempted to remove or mask their online activities, despite only 37% believing it is possible to be completely anonymous online.” - Pew Research Center, September 2013

http://trendwatching.com

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EXAMPLES: What does great digital engagement look like?

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Tweet-a-Coffee

$180k in purchases in roughly 6 weeks 54k customer IDs now linked to Twitter handles and mobile phones

Able to access Klout scores to see what topics interest them

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Pizza and a Movie

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Personality and More

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If at First You Don’t Convert …

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Remarketing via Email? Yes!

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Experience in Your Hands

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Live Help in Your Hands

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Simplicity of Voice

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Responsive = Intuitive

http://beta.tfl.gov.uk/

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UI and UX for All

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A Converged World

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Become a Trusted Resource

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RECOMMENDATIONS: What should you tackle?

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Develop a Road Map

Ask yourself, your team: Where are you today? Where could you be in 3, 6, 12 months? What is the ultimate destination?

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Thank You!