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Transformative shift in Marketing


              Overestimate the
               short term and
               underestimate
                the long term
3/6/2012        VinishJoshi@yahoo.com
5
           Transformative
           shifts in Marketing

3/6/2012
Scarcity
                   to
               Abundance
3/6/2012   VinishJoshi@yahoo.com
Information


3/6/2012   VinishJoshi@yahoo.com
Notion of search




     It took 300 million websites for
        search to become relevant
3/6/2012         VinishJoshi@yahoo.com
280 exabyte’s of information created in
2010, which is 50 times more information
that was created in the history of
mankind

Estimated 667 Exabyte's of information to
be created per day by 2013

 3/6/2012       VinishJoshi@yahoo.com
Information
                                 To
                             Knowledge

3/6/2012   VinishJoshi@yahoo.com
In future , we will move from Information
seeking to knowledge seeking society


42 gm. of fat in a burger is information

This is 65% of your daily fat intake - is
knowledge
 3/6/2012          VinishJoshi@yahoo.com
Bandwidth


3/6/2012   VinishJoshi@yahoo.com
Click on the link generation




            Always connected impacting
           E-commerce & Entertainment
3/6/2012              VinishJoshi@yahoo.com
Data is the
                          new oil of
                          the future

3/6/2012   VinishJoshi@yahoo.com
Consumer behaviour will be information based
                                               enabled by technology




                                               Visualization of information




 IMPACT

                                   Filtering information will be important as we move to
                                   digital society




                                   Move from Information society to knowledge society




3/6/2012   VinishJoshi@yahoo.com
Unconnected
           to
           Connected

3/6/2012    VinishJoshi@yahoo.com
Network to Networked

Majority of software is designed for
the unconnected world.



Every aspect of human behavior that
was spent in offline world will shift
to online world.



 3/6/2012              VinishJoshi@yahoo.com
Notion of portability

                                  In 1965 Sony came out with
                                  Tummy Television with different
                                  Sizes depending upon the size of
                                  Your tummy.

                                  5 inch Sony for waist sizes 38 to 46

                                  For smaller tummy buy 4 inch set.

                                  With personal ear plugs, the beauty
                                  of television so small that you can
                                  hide it under your pillow


                                  Reminds us of iPad
3/6/2012         VinishJoshi@yahoo.com
People of screen




Internet is simply a mechanism to take our offline behavior
and make it relevant in online world
 3/6/2012               VinishJoshi@yahoo.com
Leveraging Technology to Connect




 Opened‐up learning to multiple delivery methods - in‐campus, distance learning ,e‐Learning and
m-learning


 3/6/2012                               VinishJoshi@yahoo.com
Leveraging Technology to Connect




 Perfected online fundraising by using social media       Embedded hardware & service solutions in the
tools                                                      finance sector


U.S. President: Barak Obama                                Mayor : Michael Bloomberg

    3/6/2012                                VinishJoshi@yahoo.com
Leveraging Technology to Connect




3/6/2012      VinishJoshi@yahoo.com
Leveraging Technology to Connect

           An estimated 70 million viewers watched the first debate. People who
           watched the debate on television overwhelmingly believed Kennedy had won,
           while radio listeners (a smaller audience) believed Nixon had won




           Barack Obama gets the Internet and social media the way that Kennedy got
           TV. Kennedy was built for TV and Obama is built for the Internet age.

           He had 3 million online donors during the election and 2 million people were
           passionate enough to create profiles on my.barackobama.com.



3/6/2012                     VinishJoshi@yahoo.com
Leveraging Technology to Connect




Salvaged the music business from declining CD’s sales        Delivered platform to connect and expand
                                                              friend/biz contacts


Apple CEO Steve Jobs                                          Facebook: Mark Zuckerberg

   3/6/2012                               VinishJoshi@yahoo.com
Leveraging Technology to Connect




Revolutionized the video‐ sharing business               Turned 1 followed by 100 zeros into cash cow
                                                          (Googol)




YouTube: Chad Hurley, Steve Chen & Jawed Karim            Google: Sergey Brin and Larry Page
     3/6/2012                                 VinishJoshi@yahoo.com
Seamless user experiences




                                             Natural user interaction




 IMPACT

                                        Content will be platform agnostic




                               Mobile will increasingly drive real-time social media
                               usage i.e. uploading photos, video, updates, etc. on
                                                      the go


3/6/2012   VinishJoshi@yahoo.com
Control
               to
           Empowerment
3/6/2012    VinishJoshi@yahoo.com
Notion of consumer control

                                                A flash of magic light from across the room
                                                ( no wires, no cords) turns set on, off or
                                                change channels and you remain in your
                                                chair




Ad for first remote control ( 1969)

                                                 SixDegrees.com was first social network
                                                 website that lasted from 1997 to 2001

                                                 Allowed users to list friends, family members
                                                 and acquaintances
   3/6/2012                           VinishJoshi@yahoo.com
Interruption

           to

           Engagement
3/6/2012        VinishJoshi@yahoo.com
Notion of Interactivity




Punch Magazine cartoon print                    In 1969 Interactivity with telephone
                                                conversation while watching TV
In 1879 Edison’s Telephonoscope
transmits light as well as sound

Multi-Media or Multiple Media                   Interactivity between various mediums


 3/6/2012                          VinishJoshi@yahoo.com
Top Down
                     Relationships

                     to

                     Tribal
3/6/2012
                     Relationship
           VinishJoshi@yahoo.com
Me to We



           Us to You
3/6/2012     VinishJoshi@yahoo.com
Interaction with Media

 We like to Know                                 We Like to Connect




 We Like to See                                  We Like to Tweet




   We Like to Play    We Like to Buy            We Like to Collaborate




3/6/2012                 VinishJoshi@yahoo.com
Interaction with Brands
                 O.P.E.N

                     On –Demand –accessible, self-
                     directed & Instantly gratifying
                     experiences

                    Personal –meaningful interactions

                    Engaging –relevant emotional
                     experiences

                    Networked –the exponential potential
                     of consumers & communities
3/6/2012           VinishJoshi@yahoo.com
Packaged-goods
            mentality to a
             service and
             experience
              mentality
3/6/2012   VinishJoshi@yahoo.com
Increasingly future of brands will be
shaped by consumer emotion
and experience

3/6/2012       VinishJoshi@yahoo.com
                                   Starbuck   sells experience and not coffee
Content is King                   Content, Context
                                   & Relevance is
                                          King

 3/6/2012         VinishJoshi@yahoo.com
Future of brands will be shaped by consumer
                                   emotion and experience




                                   Quality of engagement and not reach is important




 IMPACT

                                      Content will be as good as context it creates




                               Brands will focus on context as relationships are
                               valued and limited by nature



3/6/2012   VinishJoshi@yahoo.com
Ownership
                       to
                     Access
3/6/2012   VinishJoshi@yahoo.com
Less about
                ownership
                and more
               about access
3/6/2012   VinishJoshi@yahoo.com
Access points to Web




 Moving from controlled to open
            system
3/6/2012         VinishJoshi@yahoo.com
Eco System
                 to
             Ego System
3/6/2012   VinishJoshi@yahoo.com
Servers

                                   to

                                   Clouds
3/6/2012   VinishJoshi@yahoo.com
Connect
                     cloud
                   and crowd
3/6/2012   VinishJoshi@yahoo.com
Moving from
           buying copies
             to getting
               access
3/6/2012   VinishJoshi@yahoo.com
Immediacy
Personalization
 Authenticity
   Attention
Interpretation
                  Copy economy to
 Accessibility     access economy
 Embodiment
  Findability

 3/6/2012         VinishJoshi@yahoo.com
It is about
                        up-selling

3/6/2012   VinishJoshi@yahoo.com
Pervasive display and universal connectivity




                                             Mutuality not Monopoly




 IMPACT

                                         Creating value at a very low cost




                                              Closed to open system




3/6/2012   VinishJoshi@yahoo.com
Like
                                    to
                                   Love
3/6/2012   VinishJoshi@yahoo.com
Connect
             to enable
           Collaboration
3/6/2012   VinishJoshi@yahoo.com
Create tools that connect not
              campaigns that isolate




3/6/2012              VinishJoshi@yahoo.com
Tools that connect

                  Engagement
                  Idea
                  Product
                  Advertising
                  Distribution
                  Feedback
3/6/2012        VinishJoshi@yahoo.com
Tools to Connect

                                        Marketer wants
                                        consumers to
                                        engage with the
                                        brand to connect


3/6/2012        VinishJoshi@yahoo.com
Engagement Tools




      My starbuckidea.com                     Coca- Cola



3/6/2012              VinishJoshi@yahoo.com
Engagement Tools




 Ford Fiesta moments                           Volkswagen


3/6/2012               VinishJoshi@yahoo.com
Idea Tools




Nokia’s concept lounge                           Dell ideastorm.com



  3/6/2012               VinishJoshi@yahoo.com
Product Tools




  Cadbury Collaboration
                                             Threadless
         Factory


3/6/2012             VinishJoshi@yahoo.com
Product Tools




           Tesco                              Lays


3/6/2012              VinishJoshi@yahoo.com
Advertising Tools




     I Pod touch                                Coca-Cola




           Pepsi                                  Unilever
3/6/2012                VinishJoshi@yahoo.com
Distribution Tools




             Southwest airlines



3/6/2012         VinishJoshi@yahoo.com
Feedback Tools




3/6/2012      VinishJoshi@yahoo.com
Advertising will come closer to information both in
                                   terms of content & context




                                   Brands will become experience creators




 IMPACT
                               Value will not be what brand delivers to customers.
                               It will be what brands co-create with customers




                                   Successful brands will solve consumer problems




3/6/2012   VinishJoshi@yahoo.com
Good- Bye
    Broadcast.


   Hello
Conversation


3/6/2012         VinishJoshi@yahoo.com
What has
                         not changed

3/6/2012   VinishJoshi@yahoo.com
Trust
3/6/2012   VinishJoshi@yahoo.com
3/6/2012   VinishJoshi@yahoo.com

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Five marketing trends in 2012

  • 1. Transformative shift in Marketing Overestimate the short term and underestimate the long term 3/6/2012 VinishJoshi@yahoo.com
  • 2. 5 Transformative shifts in Marketing 3/6/2012
  • 3. Scarcity to Abundance 3/6/2012 VinishJoshi@yahoo.com
  • 4. Information 3/6/2012 VinishJoshi@yahoo.com
  • 5. Notion of search It took 300 million websites for search to become relevant 3/6/2012 VinishJoshi@yahoo.com
  • 6. 280 exabyte’s of information created in 2010, which is 50 times more information that was created in the history of mankind Estimated 667 Exabyte's of information to be created per day by 2013 3/6/2012 VinishJoshi@yahoo.com
  • 7. Information To Knowledge 3/6/2012 VinishJoshi@yahoo.com
  • 8. In future , we will move from Information seeking to knowledge seeking society 42 gm. of fat in a burger is information This is 65% of your daily fat intake - is knowledge 3/6/2012 VinishJoshi@yahoo.com
  • 9. Bandwidth 3/6/2012 VinishJoshi@yahoo.com
  • 10. Click on the link generation Always connected impacting E-commerce & Entertainment 3/6/2012 VinishJoshi@yahoo.com
  • 11. Data is the new oil of the future 3/6/2012 VinishJoshi@yahoo.com
  • 12. Consumer behaviour will be information based enabled by technology Visualization of information IMPACT Filtering information will be important as we move to digital society Move from Information society to knowledge society 3/6/2012 VinishJoshi@yahoo.com
  • 13. Unconnected to Connected 3/6/2012 VinishJoshi@yahoo.com
  • 14. Network to Networked Majority of software is designed for the unconnected world. Every aspect of human behavior that was spent in offline world will shift to online world. 3/6/2012 VinishJoshi@yahoo.com
  • 15. Notion of portability In 1965 Sony came out with Tummy Television with different Sizes depending upon the size of Your tummy. 5 inch Sony for waist sizes 38 to 46 For smaller tummy buy 4 inch set. With personal ear plugs, the beauty of television so small that you can hide it under your pillow Reminds us of iPad 3/6/2012 VinishJoshi@yahoo.com
  • 16. People of screen Internet is simply a mechanism to take our offline behavior and make it relevant in online world 3/6/2012 VinishJoshi@yahoo.com
  • 17. Leveraging Technology to Connect  Opened‐up learning to multiple delivery methods - in‐campus, distance learning ,e‐Learning and m-learning 3/6/2012 VinishJoshi@yahoo.com
  • 18. Leveraging Technology to Connect  Perfected online fundraising by using social media Embedded hardware & service solutions in the tools finance sector U.S. President: Barak Obama Mayor : Michael Bloomberg 3/6/2012 VinishJoshi@yahoo.com
  • 19. Leveraging Technology to Connect 3/6/2012 VinishJoshi@yahoo.com
  • 20. Leveraging Technology to Connect An estimated 70 million viewers watched the first debate. People who watched the debate on television overwhelmingly believed Kennedy had won, while radio listeners (a smaller audience) believed Nixon had won Barack Obama gets the Internet and social media the way that Kennedy got TV. Kennedy was built for TV and Obama is built for the Internet age. He had 3 million online donors during the election and 2 million people were passionate enough to create profiles on my.barackobama.com. 3/6/2012 VinishJoshi@yahoo.com
  • 21. Leveraging Technology to Connect Salvaged the music business from declining CD’s sales Delivered platform to connect and expand friend/biz contacts Apple CEO Steve Jobs Facebook: Mark Zuckerberg 3/6/2012 VinishJoshi@yahoo.com
  • 22. Leveraging Technology to Connect Revolutionized the video‐ sharing business Turned 1 followed by 100 zeros into cash cow (Googol) YouTube: Chad Hurley, Steve Chen & Jawed Karim Google: Sergey Brin and Larry Page 3/6/2012 VinishJoshi@yahoo.com
  • 23. Seamless user experiences Natural user interaction IMPACT Content will be platform agnostic Mobile will increasingly drive real-time social media usage i.e. uploading photos, video, updates, etc. on the go 3/6/2012 VinishJoshi@yahoo.com
  • 24. Control to Empowerment 3/6/2012 VinishJoshi@yahoo.com
  • 25. Notion of consumer control A flash of magic light from across the room ( no wires, no cords) turns set on, off or change channels and you remain in your chair Ad for first remote control ( 1969) SixDegrees.com was first social network website that lasted from 1997 to 2001 Allowed users to list friends, family members and acquaintances 3/6/2012 VinishJoshi@yahoo.com
  • 26. Interruption to Engagement 3/6/2012 VinishJoshi@yahoo.com
  • 27. Notion of Interactivity Punch Magazine cartoon print In 1969 Interactivity with telephone conversation while watching TV In 1879 Edison’s Telephonoscope transmits light as well as sound Multi-Media or Multiple Media Interactivity between various mediums 3/6/2012 VinishJoshi@yahoo.com
  • 28. Top Down Relationships to Tribal 3/6/2012 Relationship VinishJoshi@yahoo.com
  • 29. Me to We Us to You 3/6/2012 VinishJoshi@yahoo.com
  • 30. Interaction with Media  We like to Know  We Like to Connect  We Like to See  We Like to Tweet  We Like to Play  We Like to Buy  We Like to Collaborate 3/6/2012 VinishJoshi@yahoo.com
  • 31. Interaction with Brands O.P.E.N  On –Demand –accessible, self- directed & Instantly gratifying experiences Personal –meaningful interactions Engaging –relevant emotional experiences Networked –the exponential potential of consumers & communities 3/6/2012 VinishJoshi@yahoo.com
  • 32. Packaged-goods mentality to a service and experience mentality 3/6/2012 VinishJoshi@yahoo.com
  • 33. Increasingly future of brands will be shaped by consumer emotion and experience 3/6/2012 VinishJoshi@yahoo.com Starbuck sells experience and not coffee
  • 34. Content is King Content, Context & Relevance is King 3/6/2012 VinishJoshi@yahoo.com
  • 35. Future of brands will be shaped by consumer emotion and experience Quality of engagement and not reach is important IMPACT Content will be as good as context it creates Brands will focus on context as relationships are valued and limited by nature 3/6/2012 VinishJoshi@yahoo.com
  • 36. Ownership to Access 3/6/2012 VinishJoshi@yahoo.com
  • 37. Less about ownership and more about access 3/6/2012 VinishJoshi@yahoo.com
  • 38. Access points to Web Moving from controlled to open system 3/6/2012 VinishJoshi@yahoo.com
  • 39. Eco System to Ego System 3/6/2012 VinishJoshi@yahoo.com
  • 40. Servers to Clouds 3/6/2012 VinishJoshi@yahoo.com
  • 41. Connect cloud and crowd 3/6/2012 VinishJoshi@yahoo.com
  • 42. Moving from buying copies to getting access 3/6/2012 VinishJoshi@yahoo.com
  • 43. Immediacy Personalization Authenticity Attention Interpretation Copy economy to Accessibility access economy Embodiment Findability 3/6/2012 VinishJoshi@yahoo.com
  • 44. It is about up-selling 3/6/2012 VinishJoshi@yahoo.com
  • 45. Pervasive display and universal connectivity Mutuality not Monopoly IMPACT Creating value at a very low cost Closed to open system 3/6/2012 VinishJoshi@yahoo.com
  • 46. Like to Love 3/6/2012 VinishJoshi@yahoo.com
  • 47. Connect to enable Collaboration 3/6/2012 VinishJoshi@yahoo.com
  • 48. Create tools that connect not campaigns that isolate 3/6/2012 VinishJoshi@yahoo.com
  • 49. Tools that connect Engagement Idea Product Advertising Distribution Feedback 3/6/2012 VinishJoshi@yahoo.com
  • 50. Tools to Connect Marketer wants consumers to engage with the brand to connect 3/6/2012 VinishJoshi@yahoo.com
  • 51. Engagement Tools My starbuckidea.com Coca- Cola 3/6/2012 VinishJoshi@yahoo.com
  • 52. Engagement Tools Ford Fiesta moments Volkswagen 3/6/2012 VinishJoshi@yahoo.com
  • 53. Idea Tools Nokia’s concept lounge Dell ideastorm.com 3/6/2012 VinishJoshi@yahoo.com
  • 54. Product Tools Cadbury Collaboration Threadless Factory 3/6/2012 VinishJoshi@yahoo.com
  • 55. Product Tools Tesco Lays 3/6/2012 VinishJoshi@yahoo.com
  • 56. Advertising Tools I Pod touch Coca-Cola Pepsi Unilever 3/6/2012 VinishJoshi@yahoo.com
  • 57. Distribution Tools Southwest airlines 3/6/2012 VinishJoshi@yahoo.com
  • 58. Feedback Tools 3/6/2012 VinishJoshi@yahoo.com
  • 59. Advertising will come closer to information both in terms of content & context Brands will become experience creators IMPACT Value will not be what brand delivers to customers. It will be what brands co-create with customers Successful brands will solve consumer problems 3/6/2012 VinishJoshi@yahoo.com
  • 60. Good- Bye Broadcast. Hello Conversation 3/6/2012 VinishJoshi@yahoo.com
  • 61. What has not changed 3/6/2012 VinishJoshi@yahoo.com
  • 62. Trust 3/6/2012 VinishJoshi@yahoo.com
  • 63. 3/6/2012 VinishJoshi@yahoo.com