nex gen presentation v02 light
DESCRIPTION
A brief on the current marketing scenario in most developing countries and ways to change it.TRANSCRIPT
Smart, realistic and
strategic marketing
solutions to enhance
your brand value
NEXGEN
CONSULTING
use your “market” sense
About UsOur competencies
Our servicesWhat people think about Marketers
The need of the hourStatistics
A few ways to sustain a brandMarketing Myths
Traditional vs New Age MarketingWhy NexGen?
What we aim to do
We are a branding and strategic marketing solutions company specialized in helping businesses achieve their marketing and
business development goals.
We do this keeping in mind current market trends, scenarios and existing resources to create integrated marketing plans that
enhance brand value, increase market share and ultimately increase bottom-
line profitability.
About Us
About UsOur competencies
Our servicesWhat people think about Marketers
The need of the hourStatistics
A few ways to sustain a brandMarketing Myths
Traditional vs New Age MarketingWhy NexGen?
What we aim to do
Strategic imaginationProcess focus
Design excellenceLogic
Integration capabilityEmpathy & insight
Mindfulness & curiosityTenacity
OrganizationPassion
Our Competencies
About UsOur competencies
Our servicesWhat people think about Marketers
The need of the hourStatistics
A few ways to sustain a brandMarketing Myths
Traditional vs New Age MarketingWhy NexGen?
What we aim to do
Brand evaluation Auditing & market researchBrand strategy & positioning
Brand creation, revitalization & enforcement
Corporate identityBrand alignment
Marketing/media kitsFilm & animation
Brand Management
Digital marketing strategyWebsite design including structure,
content etc.Search Engine Optimization
Social media & online customer engagement
Online PR & reputation managementEmail marketing
Affiliate marketingCreative development for digital media
Online Marketing
Experienced consultancy Business plans
Marketing plansCase studies
Feasibility studiesIntegrated media plans
PR campaignsCorporate communications
Outsourced Marketing
Advertising servicesBrochures (content & design)
Interior & exterior signageTender & proposal management
Training & developmentInterior design & decoration
Product/merchandising displaysSales development & support
Event management
Marketing Support
About UsOur competencies
Our servicesWhat people think about Marketers
The need of the hourStatistics
A few ways to sustain a brandMarketing Myths
Traditional vs New Age MarketingWhy NexGen?
What we aim to do
Marketers are faddish, irresponsible, … don’t think like business people …
more akin to a child …
McKinsey & Company, CEO/CMO Survey, 2005
What people think of marketers
The average tenure of CMOs in consumer markets is 23, 15 or 12 months.
What people think of marketers
Too many marketers have become so specialized that they don’t think in terms of
the company’s big picture.
Philip Kotler
What people think of marketers
Withhold research Take credit for other’s work
Lack structure Are cocky & arrogant
Are always in meetings Work from 10 to 4 Have long lunches
Unaccountable, untouchableSeek quick promotions
Care about cars & statusUse jargon
Cranfield University
What people think of marketers
About UsOur competencies
Our servicesWhat people think about Marketers
The need of the hourStatistics
A few ways to sustain a brandMarketing Myths
Traditional vs New Age MarketingWhy NexGen?
What we aim to do
Perception80% of CEOs believe that their brand provides a superior customer experience
The need:Perception vs reality
Reality12% of their customers agree
BAIN & COMPANY
Marketers say:Our advertising creates the branding & strong creative to ensure we are different in our market
The need:It’s all about the money
The CEO/CFO wants to hear:Our analysis shows that our million dollar advertising campaign generated 1xxx in revenue
We can continue to generate ROI up to an additional xx percentage at which point we will need to reduce advertising/media spend.
• Brands need to innovate and create new opportunities• Marketing companies need to find strategic solutions to brand
development• Brands need to adopt a more synergized approach
• Marketing companies need to add value to the bottom line• Solutions need to be scalable yet long term
• Marketing plans need to be integrated and not stand-alone• Companies need to focus on building communities for better
communication• Companies need cost effective solutions to their marketing
needs
The need
About UsOur competencies
Our servicesWhat people think about Marketers
The need of the hourStatistics
A few ways to sustain a brandMarketing Myths
Traditional vs New Age MarketingWhy NexGen?
What we aim to do
18%: Proportion of TV advertising that generates positive ROI85%: Percentage of people that tend to skip TV advertising
40%: People prone to banner blindness on the internet56% Proportion of people who try to avoid buying products that are advertised too much
65%: Proportion of people that feel bombarded by too much advertising68%: Proportion of people interested in technology that skips/blocks advertising
55% : Proportion of people that do not believe in advertising messages
Some interesting statistics
About UsOur competencies
Our servicesWhat people think about Marketers
The need of the hourStatistics
A few ways to sustain a brandMarketing Myths
Traditional vs New Age MarketingWhy NexGen?
What we aim to do
In a world with millions of channels of communication, brands whose customers tell stories of the brand almost always end up being winners in the market-place.
Relate to the customer, touch their emotions and win their praise
Brands need to tell their story
Command respect
Don Corleone commanded respect even among his fiercest rivals!
Most leading brands of today are swiftly losing respect among their customers.
This could be due to a variety of reasons ranging from false advertising, bad quality products/services, bad after sales or even bad customer services from employees representing the brand
One message does not fit all. Learn to classify your market and communicate accordingly.
Don’t treat customers like children
Don’t make false claims in your marketing communications
In most companies, only 5% of the workforce understands the company’s strategy completely
Communicate with not only your customers but your employees
Source: Norton, D. Aligning your Strategy to the Customer Value Proposition, 13/9/2005
Data mining is a key aspect of today’s business.
The more you know about your customers, the better you can serve them and enhance their customer xperience
Invest in a good CRM or a database tool that can record your customers likes, dislikes, history & other details
About UsOur competencies
Our servicesWhat people think about Marketers
The need of the hourStatistics
A few ways to sustain a brandMarketing Myths
Traditional vs New Age MarketingWhy NexGen?
What we aim to do
• The same marketing tactics work all the time• You need huge budgets to create a good marketing plan
• A perfectly executed plan will guarantee results• Innovation comes from inside
• Never give the product/service away• You must identify with the competition
• Marketing is all about advertising
Marketing Myths
About UsOur competencies
Our servicesWhat people think about Marketers
The need of the hourStatistics
A few ways to sustain a brandMarketing Myths
Traditional vs New Age MarketingWhy NexGen?
What we aim to do
TRADITIONALMonologue (1 way)Short term viability
Does not affect bottom-line in most casesStand alone elements
FixedExpensive
NEW-AGEDialogue (2 way)
Long term sustainabilityAffects company bottom-line
Integrated platformScalable & flexible
Cost effective
v/s
Traditional vs New Age Marketing
About UsWhat people think about Marketers
The need of the hourStatistics
A few ways to sustain a brandMarketing Myths
Traditional vs New Age MarketingOur competencies
Our servicesWhy NexGen?
What we aim to do
• Strategic approach towards your business• Internal involvement to positively affect your bottom-line
• Leverage the experience of a network of professionals• Non affiliation with any group or business
• Emphasis on clarity & simplicity – no bells & whistles• Cost effective solutions to your tactical & strategic
marketing needs
Why NexGen?
What people think about MarketersThe need of the hour
StatisticsA few ways to sustain a brand
Marketing MythsTraditional vs New Age Marketing
Our competenciesOur services
Why NexGen?What we aim to do
NexGen aims to help businesses…
Are you ready to take your business into the
NEXGEN?
FUTURELABBAIN & COMPANYInformation courtesy:
use your “market” sense