The attention economy

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What does it take to get their attention! © New Republique 2012

Transcript of The attention economy

What does it take to get their attention!

© New Republique 2012

how do brands get customer attention

in an increasingly digital world?

Lets start by re-considering the evolution of the word ‘digital’

Between 2002 - 2007 3 of the worlds most disruptive technologies launched to market

Web 2.0

2002 2004 2007

Web 2.0

2002 2004 2007

These technologies were so disruptive

The digitally aware consumer of yesterdaybecame the hyper connected consumer of today

In a 24 hour day,they multitask for an equivalent of 44 hours & receive over 6000 product messages.

* Steelgroup.com, Gen Y

Fundamentally, your customer has changed

The traditional experiences of the past don’t work the way they used to.

In the words of the great; you’ve got to

think different

The tools of the past,

won’t engage the customer of the new world

There are better ways to

compete for attention than just relationships

David // Armano, clarmano.typepad.com

or spending more

on showrooms to make a better impression

you need to reconsider the use of digital in a new brand context

Digital is not just a device or place.

It’s an experience in any place at any time.

Tell the product story

http://www.youtube.com/watch?feature=player_embedded&v=Yybe3hB3Ix4

Bring the showroom to them

http://www.youtube.com/watch?v=fGaVFRzTTP4

Help the process

http://www.youtube.com/watch?v=8Szy4UU5dMg&feature=related

Connect and collate

11,500 ideas | 660,000 ideas promoted | 84,000 comments | 325 ideas implemented

How much can a digitally enabled brand experience impact your bottom line?

Has an experience you’ve had online ever changed your opinion about a brand or the products and services it offers?

YES (65.30%)

NO (34.70%)

YES (97.09%)

NO (2.91%)

Has that experience influenced whether or not you purchased a product or service from the brand?

Razorfish, 2011

Razorfish, 2011

Yes64.1%

NO35.9%

Have you ever made your first purchase from a brand because of a digital experience

(e.g a website, mobile, email)

La FínLevel 2, 2 Church Street, Surry Hills, Australia, NSW, 2011

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