Real-time Marketing - Extracts

download Real-time Marketing - Extracts

of 6

Transcript of Real-time Marketing - Extracts

  • 8/6/2019 Real-time Marketing - Extracts

    1/6

    Real-Time maRkeTing

    2011

    SPECIAL REPORTS

  • 8/6/2019 Real-time Marketing - Extracts

    2/6

    02 /

    practical

    03 /

    benign

    04 /

    newsjacking

    05 /

    watercooler

    06 /

    campaigns

    07 /

    business

    08 /

    conclusion

    chapters

    01 /

    intro

    .02- / dx /

    inDeX /

    real-time marketing /

    01 / 03 - 05

    introDuction /

    02 / 06 - 10

    practicalities /

    03 / 11 - 13

    benign big brother /

    04 / 14 - 17

    newsjacking /

    05 / 18 - 22

    the real-time watercooler /

    06 / 23 - 26

    DriVing campaigns /

    07 / 27 - 29

    DriVing business /

    08 / 30 - 32

    conclusion / a pause for thought /

  • 8/6/2019 Real-time Marketing - Extracts

    3/6

    02 /

    practical

    03 /

    benign

    04 /

    newsjacking

    05 /

    watercooler

    06 /

    campaigns

    07 /

    business

    08 /

    conclusion

    chapters

    01 / 03 - 04

    introDuction /

    .03- / d /

    A amous test conducted on the London Underground system ound that

    i a train grinds to a halt on the tracks, aggression and dissatisaction

    levels amongst passengers on board can be lowered considerably i

    an announcement is made within the frst 30 seconds o the delay. Any

    longer than that, with no inormation, no communication, and no idea how

    long the wait might be, heart rates start to rise and tempers start to ray.

    The 30-second rule is even true or much longer delays. For example: ithe driver made an announcement within the frst 30 seconds and then

    made you wait or ten minutes, youd take the inconvenience a lot better

    than you would a wait o three minutes with no inormation at all.

    A neat example o the power o real-time communication to manage

    consumer behaviour, this shows that a speedy and timely response to

    a problem can be worth any number o careully crated marketing mes-

    sages. As a result, the unpredictable primordial soup caused by a mil-

    lion voices talking all at once holds a unique appeal or contemporary

    brands. According to Mark Earls, author o Herd: How to Change MassBehaviour by Harnessing our True Nature, it represents a chance to be

    part o the culture in which you and your customers swim as opposed to

    being a big corporation: sharing and supporting their issues, concerns

    and worldview rather than just being a business that sits on the sidelines

    and seeks merely to exploit them, cynically and economically.

    From branding to business processes, real-time media

    can offer opportunities for start-ups, SMEs and multi-

    nationals alike

    01 /

    intro

  • 8/6/2019 Real-time Marketing - Extracts

    4/6

    02 /

    practical

    03 /

    benign

    04 /

    newsjacking

    05 /

    watercooler

    06 /

    campaigns

    07 /

    business

    08 /

    conclusion

    chapters

    .04- / d /

    Real-time is about more than just Twitter,

    although the 200 million-strong poster child

    or the movement has refned o-the-moment

    inormation exchange to a dazzling art orm.

    Live video streams, Facebook competitions,

    digital response mechanics in retail and

    even the unexpected runaway success that

    is BlackBerry Messenger are all examples o

    real-time in action.

    And, as with all new orms o communica-

    tion, real-time media has its reuseniks. Put it

    this way: i, as a brand manager, the internet

    scares you, Twitter is the stu o nightmares.

    Hardly a day goes by without a well-inten-

    tioned brand, agency or hapless employee

    accidentally using the wrong account to

    send out drunken party snaps to an audi-

    ence o thousands; attempting sarcasm or

    humour to the sound o no hands clapping;

    or insulting a client whilst orgetting the car-

    dinal rule o online communication - namely

    that people can see you.

    At the other end o the scale, there are

    the new kids on the block the start-ups

    young enough to have integrated real-time

    media into their product oerings rom the

    beginning. Its tempting to believe that i your

    company didnt come o age in the real-timemedia era, the act o retroftting structures

    and process to take it into account is an

    impossibility. In truth, theres an application

    o the technology to suit every brand. Theres

    real-time advertising, leveraging the potential

    o web streaming or a Twitter conversation to

    create buzz and hopeully a ew more ans;

    or real-time branding, in which daily com-

    munication with your audience becomes as

    much a part o the brand as the product itsel.

    Real-time customer service is becoming

    an essential or those markets in which Twit-

    ter sees particularly high concentration, and

    will no doubt continue to be so as mobile

    penetration shoots through the roo o the

    worlds emerging markets. For the extremely

    committed, there is real-time business, in

    which the ebbs and ows o a thousand con-

    versations are put to work everywhere rom

    the shop oor to the actory.

    Real-time marketing is subject to the same

    hand-wringing that has accompanied every

    technological development since someone

    frst fgured out how to sell a banner ad.

    Whose job is it? I the agency, how do we

    charge or it? I the client, how do we train or

    it? How can we lean into the rame o popu-

    lar culture to appear relevant? How do we

    create one-on-one conversations with con-

    sumers? What do we do with those connec-

    tions when we have them? What do we do

    when it goes wrong? What do we do when

    it goes right? Why should we bother? Isnt it

    easier to just buy a bunch o media space?To the last, the answer is an undoubted yes.

    It IS easier to buy a bunch o media space,

    and or some brands, this will continue to

    be a straightorward and successul way

    to raise the bottom line. And, while hard

    metrics which relate to the eectiveness o

    real-time marketing remain, or the moment,

    elusive, its easy to see how this might be a

    tempting option.

    When you consider the loyalty created by

    every switly resolved customer problem; the

    excitement generated by an audience watch-

    ing events occurring at that very second; andthe fnancial ramifcations o a business pro-

    cess accurately sensitive to the tiniest uc-

    tuations; the power and potential o real-time

    media becomes hard to ignore.

    In this report, we eature case studies rom

    all over the globe showing how real-time can

    help meet short-term, tactical brand objec-

    tives as well as, over the long-term, how it

    can eed into business processes. We also

    explore some o the practicalities that mustbe considered beore brands embark on

    real-time activity, and oer a ew pointers on

    getting started.

    01 /

    intro

  • 8/6/2019 Real-time Marketing - Extracts

    5/6

    .18

    chapters

    08 /

    conclusion

    07 /

    business

    06 /

    campaigns

    05 /

    watercooler

    04 /

    newsjacking

    03 /

    benign

    02 /

    practical

    01 /

    intro

    - / - /

    05 / 18 - 22

    the real-time watercooler /

    Television in particular is eeling the beneft o real-time social

    media, as TV downtime becomes an opportunity or people to

    socialise online around their avourite shows, and enhance theirviewing with streams o live content through their phones and

    PCs. Rather than gathering in the kitchen or ofce to discuss

    must-see programmes ater they have aired, users are now shar-

    ing comments with riends via social networks as the show is

    broadcast - the real-time watercooler.

    According to UK television marketing body Thinkboxs Telly-

    porting research into the UKs digitally-enabled population, 44%

    have used social networks such as Facebook and Twitter while

    watching TV. Amongst younger audiences this fgure is higher

    still, with a March 2011 report rom UK digital agency Digital

    Clarity fnding that 72% o mobile internet users aged under-25have used Twitter, Facebook or a mobile app to talk about a show

    with riends.

    As ar back as Barack Obamas 2009 inauguration, real-time

    comments showed the power o social TV. A link up streaming

    CNN coverage o the inauguration through Facebook led to 136

    million page views, 21.3 million live streams and 4,000 status

    updates per minute o the broadcast.iusraon:louou&

    tumme/w

    ww.ououandumme.com

    Real-time channels such as Twitter

    amplify buzz around events and content,

    driving conversations around live enter-

    tainment as people seek to socialise as

    they watch, and closing the loop between

    mass media viewing and one-to-one

    conversations.

  • 8/6/2019 Real-time Marketing - Extracts

    6/6

    chapters

    .33

    08 /

    conclusion

    07 /

    business

    06 /

    campaigns

    05 /

    watercooler

    04 /

    newsjacking

    03 /

    benign

    02 /

    practical

    01 /

    intro

    CONTAGIOUS INSIDER /

    Consultancy & Trend Briefngs

    Contagious Insider is Contagious

    Communications training, insight

    and consultancy arm, working withclients and agencies to bring a little

    bit o Contagious to everything

    rom research projects to trend

    briefngs, creative workshops, industry

    introductions and pitch assistance.

    Contact the Insider team on+44 (0)20 3206 9250 or email

    [email protected]

    or urther inormation

    - / d /

    creDits /

    Contagious Editorial Director

    Paul Kemp-Robertson

    Edited byGeorgia Malden

    Written by Contagious Insider

    Katrina Dodd, Jess Greenwood, Nick Parish,

    Will Sansom, Dan Southern

    Additional writing and research by

    Lucy Aitken, Greg Copeland, Emily Hare, Alex

    Jenkins, Robin Leeburn, Fiona McKenzie, Ed White

    Contributor

    Tim Callington, Edelman Digital, London /

    www.edelman.co.uk

    Cover image

    Litago, Let the Cows Decide, courtesy DIST creative,

    Oslo

    Illustrations

    Jon McGhee, VCCP / www.vccp.com

    Loulou & Tummie / www.loulouandtummie.com

    Bertrand Masson

    Design

    FLOK Berlin / www.okline.com

    Production

    Smita Mistry

    Contagious Communications

    Dunstan House

    14a St Cross St

    London, EC1N 8XA

    T: +44 (0) 20 3206 9250

    www.contagiousmagazine.com

    Contagious Communications is an intelligence

    service ocusing on uture-acing marketing ideas

    and emerging technologies across a diverse range o

    media channels and product categories. It is a limited

    company registered in England, registered number

    6183878.

    No parts o this publication may be reproduced, cop-ied or transmitted in any orm or by any means stored

    in any inormation storage or retrieval system without

    the publishers written permission. Where source

    material has been reproduced the copy-right remains

    the property o the copyright owner and material may

    not be reproduced in any orm whatsoever without

    the owners prior consent.

    Published May 2011