media bistro
DESCRIPTION
A webinar on Marketing in the new Conversational Age, part of a Mediabistro series. http://j.mp/kj9MjTTRANSCRIPT
Marketing in the New Conversational Age
A Mediabistro Social Media Boot Camp Webinar session Summer, 2011
Part 1 What has Happened?
Decade of Disruption• Social Media upended all institutions• Conversations replaced broadcast• World got flatter• Gate keepers flattened
• Mob becomes crowd• SM is everyday toolset• From skunkworks to process• Markets as conversations
Conversational Age Emerges
Part 2 How we got here
Fire Starters of Conversational Age
The 50s: Lies & Losses
Rock beats Marriage
The 60s: Crowd Power
From the 70s-90s
• The Ascent of Geeks• From commune to startup• World peace. Fails• PC & Web Succeed
Causes for Disruption• Distrust of institutions• Contempt for marketing messages• Frustrated by shouting at TV • Tools of recourse
Part 3 Marketing’s Full Circle
Greek Marketplace
Marketplace Conversations
Local Shop Succombs…
… To Big Blocks
2000 Years of Slow Change• Face-to-face • Word-of-mouth reputation• Localization > gentrification• Personal > general• Dialog > monologue
Then 10 Years of Disruption• Conversation scales• Control erodes• ‘Eyeballs’ grow humans• Institution adapt or die• People move to center of org chart
Part 4 The Customer-centric Enterprise
Customer at the Center
• Lou Gerstner at IBM: ‘Don’t ask me’• SAP Communities ‘We’ll stay’• Self-support• Reduce time-to-market• Bands of Champions
Lou Gerstner at IBM
• ‘Don’t ask me’• Decide closest to customers• Tech to build community
Scott Cook at Intuit‘A brand is no longer what we tell consumers it is. It’s what they tell us it is.’
SAP: ‘We’re Staying• 2 million in communities• Part of ecosystem• $80 billion ecosystem• SAP Hosts business• Bands of champions
From Dell Hell to Listen & Respond
Confidential and Proprietary. © 2010 Bazaarvoice, Inc.
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Kraft & Cutting Remarks
Confidential and Proprietary. © 2010 Bazaarvoice, Inc.
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L.L.Bean’s Itchy Twitchy Feeling
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Customer-centric advantages
• Improved products & services• Faster response to problems• Reduced time-to-market• Improve loyalty• Increase profits
Confidential and Proprietary. © 2010 Bazaarvoice, Inc.
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Marketer’s Changing Role
Broadcast Era
• Send Messages• Control• Customer as target• Make people want
Conversation Age
• Talk, listen, respond• Engage• Customer as heart• Serve people’s wants
Shel [email protected]
@ShelIsraelGlobalNeighbourhoods.net