Prec fin forum-pt2-social-mobile-websites

Precedent’s Finance Forum 2012 Integration or isolation? The digital landscape for UK financial servicesFebruary 2012Digital Finance Forum 2012

3. Social networksLindsay Herbert – Head of Digital Marketing

Social media starts withlooking over your neighbour’sshoulder.Digital Finance Forum 2012 #PrecSem

Your brand is on social mediawhether you want it there or not.Digital Finance Forum 2012 #PrecSem

Taking our report examplesto the next level.Digital Finance Forum 2012 #PrecSem

Discussion points• It is appropriate for a financial service company to engage with their audiences on Facebook.• LinkedIn is worth investing in to communicate with your professional audiences.• Boutique social networks will become more relevant than mainstream.Digital Finance Forum 2012 #PrecSem

4. MobileJohn Campbell – Head of Mobile

What is your mobile environment?Various platforms, from traditional web browsers solutions, to the many mobile platforms. Apple iPhone Apple iPad Android Blackberry Digital Finance Forum 2012 #PrecSem

Statistics...... not the important factor It is a simple decision: • The trend cannot be questioned • You need to have a solution for mobile today • Aim to provide an optimal experience Your question is what and how (not if) Digital Finance Forum 2012 #PrecSem

Aspire to an integrated and considered approach Kindle iPad view Desktop view Smartphone view Whisper sync Digital Finance Forum 2012 #PrecSem

Your considerations should be: • What - Corporate view : tactical campaign: quick wins • Who (Approach) - your reach : audience : strategy • How (Delivery) - screen : speed : context : content • When (Future) – today’s expectation : innovations We will look at each of these ..... Digital Finance Forum 2012 #PrecSem

(1) Approach: Your 0ptions Responsive vs m. and Native app vs Framework app Digital Finance Forum 2012 #PrecSem

Mobile solution reach Digital Finance Forum 2012 #PrecSem

Know your customers Digital Finance Forum 2012 #PrecSem

Example: Banking “Mobi” sitesDigital Finance Forum 2012 #PrecSem

Example: Insurance “Mobi” sitesFocus on brochureware Introducing transactional interactionDigital Finance Forum 2012 #PrecSem

(2) Delivery – screen: speed: context: contentConsidering context is topical and essential:• Forrester definition: “The sum total of what your customer has told you and is experiencing at the moment of engagement.”• Consider your customers – situation – preference – attitudes• Will give better customer experience• Performance is key: – “A 1-second delay in page load time equals 11% fewer page views, a 16% decrease in customer satisfaction, and 7% loss in conversions. (In dollar terms, this means that if your site typically earns £10,000 a day, this year you could lose £250K in sales).” [Source: Aberdeen Group] Digital Finance Forum 2012 #PrecSem

Digital Finance Forum 2012 #PrecSem

Optimise your contentDigital Finance Forum 2012 #PrecSem

Mobile first approachDigital Finance Forum 2012 #PrecSem

Example: Native Apps Digital Finance Forum 2012 #PrecSem

Example: Native Apps AEGON Pension Reform Digital Finance Forum 2012 #PrecSem

Example: Responsive Design Challenge Challenges - Considerations • Forced order and best practice • Screen size – optimised image • Video playback Digital Finance Forum 2012 #PrecSem

(3) Future – expectation: innovation• Mobile is the fastest moving technology area• Framework apps gaining momentum• Trends to keep in eye on: • Mobile Payments • Near field opportunities • Location based promotions • QR & AR innovations Digital Finance Forum 2012 #PrecSem

Future of shopping – QR storesDigital Finance Forum 2012 #PrecSem

Discussion points• Native iPhone and Android Apps are not the way forward.• If you were to start a new website you’d consider the design for mobile as your top priority.• Mobile spend should match or exceed your desktop spend in your digital budget. Digital Finance Forum 2012 #PrecSem

5. Website engagementJames Downes – Director of Strategy and User Experience

Outcomes for your websiteDigital Finance Forum 2012 #PrecSem

Attract new customers Retain existing customers Build trust Increase reach Sell somethingDigital Finance Forum 2012 #PrecSem

We need to sell more savings accountsDigital Finance Forum 2012 #PrecSem

I need a savings accountDigital Finance Forum 2012 #PrecSem

As a new parent, I want to save money, sothat I can have enough put aside for whenmy son goes to university.Digital Finance Forum 2012 #PrecSem

Decisions arerational andemotionalDigital Finance Forum 2012 #PrecSem

We must understand our users, and their motivationWe must balance our outcomes with our users’motivationWe must respond to the contextWe must engage our audiencesDigital Finance Forum 2012 #PrecSem

What is engagement? …the process of forming an attachment (emotional and rational) between a person and a brand. engagement measures the extent to which a consumer has a meaningful brand experience when exposed to a particular experience. turning on a prospect to a brand idea enhanced by the surrounding contextDigital Finance Forum 2012 #PrecSem

It is impossible to engagesomeone if you don’t knowwhat’s motivating them.Digital Finance Forum 2012 #PrecSem

Grab their attentionHelp them comprehend the proposition you are makingGive them what they need to make a decisionEnable them to recall you and your offerGive them satisfactionDigital Finance Forum 2012 #PrecSem

Voila! The humanbrain.Dr. Michael Hfuhruhurr Digital Finance Forum 2012

Experience = Rational + EmotionalRational thought EmotionalLogical processing Intuitive thoughtAnalytical thought Creative thoughtSequential All at onceCause and effect Holistic thoughtPragmatic ImpetuousObjective SubjectiveDigital Finance Forum 2012 #PrecSem

Making an emotional connectionFramingFeedback loopsGoal setting / AchievementsStoryFamiliarity BiasDigital Finance Forum 2012 #PrecSem

“Less than a cup of coffee a day”Digital Finance Forum 2012 #PrecSem

We are engaged by situations in which we see our actions modify subsequent results.Digital Finance Forum 2012 #PrecSem

We are engaged by experiences that can bring meaningful achievementsDigital Finance Forum 2012 #PrecSem

Narrative elements are more believable.Digital Finance Forum 2012 #PrecSem

“Storytelling is the best way to emotionallyconnect to people. We all have stories incommon so instead of listing facts andfigures on your website, tell the storybehind them.”Robert MillsDigital Finance Forum 2012 #PrecSem

Info-graphicDigital Finance Forum 2012 #PrecSem

We prefer things that are familiar to us.Digital Finance Forum 2012 #PrecSem

“Showing personality in your app, website, or brandcan be a very powerful way for your audience toidentify and empathize with you. People want toconnect with real people and too often we forget thatbusinesses are just collections of people. So why notlet that shine through?”Aarron WalterDigital Finance Forum 2012 #PrecSem

Increase conversions by 10%Digital Finance Forum 2012 #PrecSem

Increase conversions by 20%Digital Finance Forum 2012 #PrecSem

Discussion PointsSuccessful websites are about more than utility, facts andfigures. We need to make our sites personal, relevant andengaging.Compliance prevents us from meaningfully engaging with ourwebsite visitors.Driving users to our website should be the ultimate goal of themajority of our online activity.Digital Finance Forum 2012 #PrecSem

Today• Presentations 8.30 - 9.25 Introduction, Rich media, Blogging and Micro-blogging Coffee• Presentations 9.45 - 10.30 Social Networks, Mobile, Website innovation Coffee• Breakout discussions 10.45 - 11.30 2 x 20 minutes (musical chairs)• The question of compliance 11.30 - 12.00• Effective digital strategy 12.00 - 12.30Digital Finance Forum 2012 #PrecSem

1. Rich media 2. Blogging and Micro-blogging 3. Social Networks 4. Mobile 5. Website innovation 6. Integrated strategiesDigital Finance Forum 2012 #PrecSem

Prec fin forum-pt2-social-mobile-websites

by Precedent on Feb 03, 2012

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Prec fin forum-pt2-social-mobile-websites — Presentation Transcript