The OPEN Imperative: Kelly Mooney @ Global Ecommerce Summit
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Transcript of The OPEN Imperative: Kelly Mooney @ Global Ecommerce Summit
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THE OPEN IMPERATIVE
KELLY MOONEYPresident & Chief Experience Officer
STRATEGIES FOR OPENING YOUR BRAND
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RESOURCE INTERACTIVE OVERVIEW
: Digital marketing agency
: Privately-held
: Founded in 1981
: 250 associates
: Headquartered in Columbus, OH
: Named Top Workplace by WSJ
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CLIENT FOCUS
BRANDEDMANUFACTURING
PRACTICERETAIL
PRACTICECONSUMER GOODS
SERVICES PRACTICE
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OPEN…
: A Marketing Worldview Shift : A Macrotrend
: An Experience Framework: On-demand: Personal: Engaging: Networked
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Five Reasons to Open Your Brand
REVENUE
ROIR&D
RELATIONSHIPS
RELEVANCE
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More than 25% of the search results on Google for the world’s 20 largest brands, are consumer generated content.—Nielsen Buzz Metrics
The number of text messages sent and received each day exceed the population of Earth.—m-metrics, 2007 Mobile Commerce Landscape
77% of Web shoppers read product reviews.
—JupiterResearch, August 2007
86 million social network users in the U.S.—eMarketer, 2008
1.4 blogs created every second of every day.
—Technorati 2007
The average U.S. citizen will spend 5.4 years per
lifetime online.—Nielsen Online Stats, 2007
97% of online researchers in the UK are willing to trust online customer reviews—JupiterResearch/Bazaarvoice, 2008
Over 2.8 million twitter users in the U.S.—Twitdir, 2008
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NOTORIETY: 80-year-old British YouTube storyteller
NETWORK EFFECT: 40,000 subscribers
NAME:Geriatric1927
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NOTORIETY: Repurposes Ikea furniture
Ikea Hacker
NETWORK EFFECT: 20,000 RSS subscribers
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NOTORIETY: Contest Winner
Happy Joel
NETWORK EFFECT: Uses the internet to win crazy contests to travel all over the world
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“I CONNECT” Connect and share
with people who have similar interests
“I AM” Improve companies or the experience of self
and others
“I MATTER”Seek recognition
and some degree of fame/fortune
“I CAN”Use digital tools
for fun and/or life management
16% 7% 3%74%
What Motivates the New Consumer?
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EVERYDAY
ELITE
STRENGTH OF CLOSE TIES·Expert majority·Friends and family·Increase trial and conversion
STRENGTH OF WEAK TIES·Vital few·Vast networks·Build awareness and equity
“I CONNECT” Connect and share
with people who have similar interests
16%
“I AM” Improve companies or the experience of self
and others
7%
“I MATTER”Seek recognition
and some degree of fame/fortune
3%
“I CAN”Use digital tools
for fun and/or life management
74%
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AWARENESS CONSIDERATION SELECTION PURCHASE LOYALTY
Go to store
View TV or print
ad
Compareoptions
Choose best
option
Buy itemJoin/align with brand
The Once-familiar Consumer Journey1. Few touchpoints, well-choreographed 2. Linear, store-dependent3. Advertising-inspired
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Search for brand
Research product
View designer
video
Visit a store
Order outfit
Send mobile
pic
Upload pics of
purchase
Read a review or
blog
A New Customer Journey1. A proliferation of engaging digital touchpoints 2. Non-linear, cross-channel3. Web-first for many consumer buying decisions
ReadFacebook
feeds
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Web-and-Spoke ModelSource: Resource Interactive 2002, rev 2008
The web should be the central hub for customer engagement and transactions.
The Web Elevates and Integrates the Total Customer Experience
ENABLEADVOCACY &
AMPLIFICATION
REDUCEWASTE
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WORLDVIEW OF A CLOSED BRAND
WORLDVIEW OF AN OPEN BRAND
Targets Customers Fosters Communities
Monologue
Brand Management
Awareness
Push
Guarded Communications
Created by Marketers
Brand Stewardship
Dialogue /Trilogue
Engagement
Pull
Transparent Communications
Co-created With Customers
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OPENMacrotrend
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S.T.E.E.POpenness
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Life is an open book
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70% of companies use open source software— Gartner Group, 2008
Open source-powered
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The Open Web should continue to empower the mainstream rather than the tech elite.— Brad Newberg, Google Gears & Mozilla software inventor
THE OPEN WEBMOBILE
WEB
FULL-VIDEO WEB
3-DWEB
SEMANTIC WEB
UBIQUITOUS WEB
PORTABLEENGROSSING CURATED
EMBEDDEDLIFELIKE
Open source-powered
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Open innovation
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Open access
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Open playing field
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Open playing field
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LOVE TRIANGLEA New Relationship Model
SHARED PASSION
BRAND
CONSUMER COMMUNITY
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Consumers are CONSUMING CONTENT
Consumers are PRODUCING CONTENTC
on
sum
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XP
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IEN
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Con
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SE
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NO
TO
RIE
TY
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ON-DEMAND
Do you make it easy to learn about and purchase your products?
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ON-DEMAND
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ON-DEMAND
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ON-DEMAND
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ON-DEMAND
Resource Interactive + , Envisioned Future Prototype, 2007
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PERSONAL
Do you personalize
the customer’s experience?
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PERSONAL
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PERSONAL
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PERSONAL
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PERSONAL
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PERSONAL
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PERSONAL
www.shawfloors.com
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ENGAGING
Do you compel consumers to spend time with your brand?
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ENGAGING
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ENGAGING
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ENGAGING
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ENGAGING
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ENGAGING
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NETWORKED
Do you enable the community to share ideas and influence your brand?
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NETWORKED
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NETWORKED
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NETWORKED
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THE OPEN OPPORTUNITY
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MISSION:
To bring inspiration and innovation to every athlete.
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MISSION:
To invite inspiration and innovation from every athlete.
ENVISIONED FUTURE
To see the prototype please contact [email protected]
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HOW OPEN IS YOUR BRAND?
Do you compel consumers to spend time with your brand?
Do you enable the community to share ideas and influence your brand?
Do you make it easy to learn about and purchase your products?
Do you personalize the customer’s experience?
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THANK
YOU.Visit my Blog: www.MooneyThinks
Download a free PDF: www.TheOpenBrand.com
More company info: www.resource.com