SlideShare a Scribd company logo
1 of 22
Topics to be covered
๏ถDigital Innovation and Trends: The
contemporary digital revolution
๏ถDigital transformation framework
๏ถSecurity and privatization issues with
digital marketing
๏ถUnderstanding trends in digital
marketing โ€“ Indian and global context
Digital Innovation and Trends: The
contemporary digital revolution
Digital Revolution
The Digital Revolution refers to the advancement of technology from
analog electronic and mechanical devices to the digital technology
available today. The era started to during the 1980s and is ongoing. The
Digital Revolution also marks the beginning of the Information Era.
The Digital Revolution (also known as the Third Industrial Revolution) is
the shift from mechanical and analogue electronic technology to digital
electronics which began in the latter half of the 20th century, with the
adoption and proliferation of digital computers and digital record-keeping,
that continues to the present day.
Digital Transformation Framework
Digital transformation is the process of using digital technologies to
create new โ€” or modify existing โ€” business processes, culture, and
customer experiences to meet changing business and market
requirements. This reimagining of business in the digital age is digital
transformation.
Technology modernization does not equate to digital transformation.
Customer needs, employees and organizational culture, workflow and
business processesโ€”along with technology capabilitiesโ€”must be at the
heart of every transformation initiative.
Components of Digital Transformation
Stages of Digital Transformation
Security And Privatization Issues With
Digital Marketing
Managing WordPress Updates
Digital marketers frequently manage WordPress websites, and the
most accessible means of attack for a hacker is to exploit outdated
software components of such a site. Running out-of-date versions of
themes, plugins and core site components is similar to leaving the
front door of your house unlocked.
Handling Transaction Data
Malware is usually the culprit behind these attacks, so it is essential to
have everyone working for the site acquainted with the proper anti-
malware measures. These can include the addition of a layer of
encryption for files that contain transaction data, ensuring that even
in the event of a security breach, hackers will end up with data which
isnโ€™t immediately useful, thus reducing collateral damage as a result of
the hack.
Managing User Accounts
When working for an online business like a web design agency,
marketers sometimes get special user accounts to manage particular
site features. It is crucial that they do so in a responsible manner.
Security threats often come from compromised user accounts, and since
marketer accounts often have higher permissions, they pose a higher
security risk.
Cyber Security is Crucial
Security is the cornerstone of any online business, and this includes
digital marketing. Knowing what the threats are, what kind of damage
they can do, and how to overcome them is essential for succeeding in
the business, so marketers should take special care to bring themselves
up-to-speed on the latest cyber security trends and information.
Understanding trends in digital marketing
Indian and Global context
Voice Search
Influencer Marketing
Personalization
Multichannel marketing
Augmented Reality (AR) / Virtual reality
AI-Based Automation
THANK YOU
Topics to be covered
๏ถOnline communities
๏ถCo-creation.
Online Communities And Co-creation
An online community, also called an internet community or web
community is a โ€˜virtual community group of like-minded individuals
connected by online interactions. Itโ€™s members enable the existence of
the community by sharing information and helping each other. Online
communities can be found on forums, weblogs and social network sites.
A virtual community is defined as an aggregation of individuals or business
partners who interact around a shared interest, where the interaction is at
least partially supported or mediated by technology (or both), and guided
by some protocols or norms"
Some signs of community are:
1. Content: articles, information, and news about a topic of
interest to a group of people.
2. Forums or newsgroups and email: so that community
members can communicate in delayed fashion.
3. Chat and instant messaging: so that community
members can communicate more immediately.
Roles in an online community
Although online societies differ in content from real society, the roles
people assume in their online communities are quite similar. Elliot
Volkman points out several categories of people that play a role in the
cycle of social networking, these include:
Community architect โ€“ Creates the online community, sets goals and
decides the purpose of the site.
Community manager โ€“ Oversees the progress of the society. Enforces
rules, encourages social norms, assists new members, and spreads
awareness about the community.
Professional member โ€“ This is a member who is paid to contribute to the
site. The purpose of this role is to keep the community active.
Free members โ€“ These members visit sites most often and represent the
majority of the contributors. Their contributions are crucial to the sites'
progress.
Passive lurker โ€“ These people do not contribute to the site but rather
absorb the content, discussion, and advice.
Active lurker โ€“ Consumes the content and shares that content with
personal networks and other communities.
Power users โ€“ These people push for new discussion, provide positive
feedback to community managers, and sometimes even act as
community managers themselves. They have a major influence on the
site and make up only a small percentage of the users.
Types of Online Communities
1. Social communities include public social networks like Facebook, Twitter
and Instagram. Brands use social communities mostly for marketing purposes,
broadcasting information, building brand awareness and reaching greater
audiences for campaigns and messaging. Social communities are useful for
tracking what your competitors are up to and identifying broad consumer
trends.
2. Support communities enable members to offer product tips to other
customers, helping companies reduce customer support costs. Compared to
social communities, this category provides a more structured way of
gathering innovative ideas because support communities allow brands to
track product- and service-related conversations.
3. Advocate communities allow brands to mobilize their most
passionate, loyal customers. Also known as advocate marketing software,
this community type often rewards members for writing a testimonial,
posting about the company on social media and doing other similar
activities.
4. Insight communities are made up of carefully selected groups of
customers who maintain a long-term relationship with brands. These
communities allow companies to gather continuous, high-quality
feedback from engaged stakeholders like customers, partners or
employees.
7 steps to build your own online
community:
Identify key stakeholders for the online community.
Define the purpose and goal.
Select a community platform.
Build a member profile.
Develop rules and norms.
Set up your community.
Identify key stakeholders for the online community.
Promote your community.
Co Creation
Co-creation as the collaborative development of new value (concepts,
solutions, products and services) together with experts and/or stakeholders
(such as customers, suppliers etc.). Co-creation is a form of collaborative
innovation: ideas are shared and improved together, rather than kept to
oneself. It is closely connected to โ€“ and mentioned alongside โ€“ two other
buzz-words: โ€˜open sourceโ€™ and โ€˜mass-customizationโ€™.
Co-creation, in the context of a business, refers to a product or service
design process in which input from consumers plays a central role from
beginning to end. Less specifically, the term is also used for any way in which
a business allows consumers to submit ideas, designs or content. Another
meaning is the creation of value by ordinary people, whether for a company
or not
The process and Types of Co-creation
The process of co-creation essentially involves 2 core steps:
Contribution: Submission of contributions by the public to the firm
Selection: Selection of the most promising and appealing contributions/submissions
Types of Co-creation
Depending on the degree of control exercised by the firm/public over the contribution
and selection activities, co-creation may be broadly classified into 4 categories:
Tinkering: Public exercises control over the contribution activity while the firm
exercises control over the selection activity
Submitting: Firm exercises complete control over both the activities
Co-designing: Firm exercises control over the contribution activity while the public
exercises control over the selection activity
Collaborating: Public exercises complete control over both the activities
THANK YOU

More Related Content

What's hot

Advertisement effectiveness.
Advertisement effectiveness.Advertisement effectiveness.
Advertisement effectiveness.
Jaswinder Singh
ย 
Communication mix
Communication mixCommunication mix
Communication mix
asimo21
ย 
Content marketing
Content marketingContent marketing
Content marketing
Media-Mosaic
ย 

What's hot (20)

Electronic marketing mix strategies
Electronic marketing mix strategiesElectronic marketing mix strategies
Electronic marketing mix strategies
ย 
IBM - RMB302 - Unit III
IBM - RMB302 - Unit IIIIBM - RMB302 - Unit III
IBM - RMB302 - Unit III
ย 
Ethical Aspects In Advertising
Ethical Aspects In AdvertisingEthical Aspects In Advertising
Ethical Aspects In Advertising
ย 
Advertisement effectiveness.
Advertisement effectiveness.Advertisement effectiveness.
Advertisement effectiveness.
ย 
Digital Advertising (An Introduction)
Digital Advertising (An Introduction)Digital Advertising (An Introduction)
Digital Advertising (An Introduction)
ย 
Direct Marketing by Amitabh Mishra
Direct Marketing by Amitabh MishraDirect Marketing by Amitabh Mishra
Direct Marketing by Amitabh Mishra
ย 
What is an advertising agency , types of agency - Basics of advertising
What is an advertising agency , types of agency - Basics of advertisingWhat is an advertising agency , types of agency - Basics of advertising
What is an advertising agency , types of agency - Basics of advertising
ย 
ASCI: Advertising Standard Council of India
ASCI: Advertising Standard Council of IndiaASCI: Advertising Standard Council of India
ASCI: Advertising Standard Council of India
ย 
Mobile Marketing
Mobile MarketingMobile Marketing
Mobile Marketing
ย 
google adsense
google adsensegoogle adsense
google adsense
ย 
Communication mix
Communication mixCommunication mix
Communication mix
ย 
Content marketing
Content marketingContent marketing
Content marketing
ย 
Measuring advertising and campaign effectiveness
Measuring advertising and campaign effectivenessMeasuring advertising and campaign effectiveness
Measuring advertising and campaign effectiveness
ย 
Digital Marketing: Tools
Digital Marketing: ToolsDigital Marketing: Tools
Digital Marketing: Tools
ย 
Advertising management Introduction
Advertising management IntroductionAdvertising management Introduction
Advertising management Introduction
ย 
Principle of Personal Selling
Principle of Personal SellingPrinciple of Personal Selling
Principle of Personal Selling
ย 
Facebook marketing Strategy
 Facebook marketing Strategy Facebook marketing Strategy
Facebook marketing Strategy
ย 
Marketing Mix In Traditional Marketing
Marketing Mix In Traditional MarketingMarketing Mix In Traditional Marketing
Marketing Mix In Traditional Marketing
ย 
direct marketing
direct marketingdirect marketing
direct marketing
ย 
The promotion mix
The promotion mixThe promotion mix
The promotion mix
ย 

Similar to Unit 5_DM.ppt

BizSoMe seminar
BizSoMe seminarBizSoMe seminar
BizSoMe seminar
Epic States
ย 
Financial Services and Social Media, What's Next?
Financial Services and Social Media, What's Next?Financial Services and Social Media, What's Next?
Financial Services and Social Media, What's Next?
Bradley Jobling
ย 
Meltwater Buzz - Social Media
Meltwater Buzz - Social MediaMeltwater Buzz - Social Media
Meltwater Buzz - Social Media
Laurie edwards
ย 
Digital marketing-strategy textbook
Digital marketing-strategy textbookDigital marketing-strategy textbook
Digital marketing-strategy textbook
Prayukth K V
ย 
The importance of social media marketing as a promotional tool, A case study ...
The importance of social media marketing as a promotional tool, A case study ...The importance of social media marketing as a promotional tool, A case study ...
The importance of social media marketing as a promotional tool, A case study ...
Virginia Sande
ย 

Similar to Unit 5_DM.ppt (20)

Social Entreprise 2.0 By V Glaenzer
Social Entreprise 2.0 By V GlaenzerSocial Entreprise 2.0 By V Glaenzer
Social Entreprise 2.0 By V Glaenzer
ย 
Part 3 Social Entreprise 2.0 By V Glaenzer
Part 3 Social Entreprise 2.0 By V GlaenzerPart 3 Social Entreprise 2.0 By V Glaenzer
Part 3 Social Entreprise 2.0 By V Glaenzer
ย 
Social Media Introduction (Feb 2010)
Social Media Introduction (Feb 2010)Social Media Introduction (Feb 2010)
Social Media Introduction (Feb 2010)
ย 
BizSoMe seminar
BizSoMe seminarBizSoMe seminar
BizSoMe seminar
ย 
Social Network in marketing (Social Media Marketing) Opportunities and Risks
Social Network in marketing (Social Media Marketing) Opportunities and RisksSocial Network in marketing (Social Media Marketing) Opportunities and Risks
Social Network in marketing (Social Media Marketing) Opportunities and Risks
ย 
1. Social Media Marketing.pptx
1. Social Media Marketing.pptx1. Social Media Marketing.pptx
1. Social Media Marketing.pptx
ย 
lecture 2. Social Media Marketing.pptx
lecture 2. Social Media Marketing.pptxlecture 2. Social Media Marketing.pptx
lecture 2. Social Media Marketing.pptx
ย 
TCS 2017 tata consultancy services
TCS 2017 tata consultancy servicesTCS 2017 tata consultancy services
TCS 2017 tata consultancy services
ย 
Social Media Marketing
Social Media MarketingSocial Media Marketing
Social Media Marketing
ย 
Digitalpreneur Class (The Impact 1).pptx
Digitalpreneur Class (The Impact 1).pptxDigitalpreneur Class (The Impact 1).pptx
Digitalpreneur Class (The Impact 1).pptx
ย 
Unit i digital marketing overview
Unit i digital marketing overviewUnit i digital marketing overview
Unit i digital marketing overview
ย 
Social Media
Social MediaSocial Media
Social Media
ย 
Digital marketing workshop
Digital marketing workshopDigital marketing workshop
Digital marketing workshop
ย 
Social Media for Development: Transforming Society and Governance
Social Media for Development: Transforming Society and GovernanceSocial Media for Development: Transforming Society and Governance
Social Media for Development: Transforming Society and Governance
ย 
Ethics in emarketing
Ethics in emarketingEthics in emarketing
Ethics in emarketing
ย 
Financial Services and Social Media, What's Next?
Financial Services and Social Media, What's Next?Financial Services and Social Media, What's Next?
Financial Services and Social Media, What's Next?
ย 
Meltwater Buzz - Social Media
Meltwater Buzz - Social MediaMeltwater Buzz - Social Media
Meltwater Buzz - Social Media
ย 
Tendencias midias sociais
Tendencias midias sociaisTendencias midias sociais
Tendencias midias sociais
ย 
Digital marketing-strategy textbook
Digital marketing-strategy textbookDigital marketing-strategy textbook
Digital marketing-strategy textbook
ย 
The importance of social media marketing as a promotional tool, A case study ...
The importance of social media marketing as a promotional tool, A case study ...The importance of social media marketing as a promotional tool, A case study ...
The importance of social media marketing as a promotional tool, A case study ...
ย 

Recently uploaded

VIP Model Call Girls Kothrud ( Pune ) Call ON 8005736733 Starting From 5K to ...
VIP Model Call Girls Kothrud ( Pune ) Call ON 8005736733 Starting From 5K to ...VIP Model Call Girls Kothrud ( Pune ) Call ON 8005736733 Starting From 5K to ...
VIP Model Call Girls Kothrud ( Pune ) Call ON 8005736733 Starting From 5K to ...
SUHANI PANDEY
ย 
Call Now โ‰ฝ 9953056974 โ‰ผ๐Ÿ” Call Girls In New Ashok Nagar โ‰ผ๐Ÿ” Delhi door step de...
Call Now โ‰ฝ 9953056974 โ‰ผ๐Ÿ” Call Girls In New Ashok Nagar  โ‰ผ๐Ÿ” Delhi door step de...Call Now โ‰ฝ 9953056974 โ‰ผ๐Ÿ” Call Girls In New Ashok Nagar  โ‰ผ๐Ÿ” Delhi door step de...
Call Now โ‰ฝ 9953056974 โ‰ผ๐Ÿ” Call Girls In New Ashok Nagar โ‰ผ๐Ÿ” Delhi door step de...
9953056974 Low Rate Call Girls In Saket, Delhi NCR
ย 
Call for Papers - African Journal of Biological Sciences, E-ISSN: 2663-2187, ...
Call for Papers - African Journal of Biological Sciences, E-ISSN: 2663-2187, ...Call for Papers - African Journal of Biological Sciences, E-ISSN: 2663-2187, ...
Call for Papers - African Journal of Biological Sciences, E-ISSN: 2663-2187, ...
Christo Ananth
ย 
Double rodded leveling 1 pdf activity 01
Double rodded leveling 1 pdf activity 01Double rodded leveling 1 pdf activity 01
Double rodded leveling 1 pdf activity 01
KreezheaRecto
ย 
Call for Papers - Educational Administration: Theory and Practice, E-ISSN: 21...
Call for Papers - Educational Administration: Theory and Practice, E-ISSN: 21...Call for Papers - Educational Administration: Theory and Practice, E-ISSN: 21...
Call for Papers - Educational Administration: Theory and Practice, E-ISSN: 21...
Christo Ananth
ย 
Call Girls in Ramesh Nagar Delhi ๐Ÿ’ฏ Call Us ๐Ÿ”9953056974 ๐Ÿ” Escort Service
Call Girls in Ramesh Nagar Delhi ๐Ÿ’ฏ Call Us ๐Ÿ”9953056974 ๐Ÿ” Escort ServiceCall Girls in Ramesh Nagar Delhi ๐Ÿ’ฏ Call Us ๐Ÿ”9953056974 ๐Ÿ” Escort Service
Call Girls in Ramesh Nagar Delhi ๐Ÿ’ฏ Call Us ๐Ÿ”9953056974 ๐Ÿ” Escort Service
9953056974 Low Rate Call Girls In Saket, Delhi NCR
ย 

Recently uploaded (20)

VIP Model Call Girls Kothrud ( Pune ) Call ON 8005736733 Starting From 5K to ...
VIP Model Call Girls Kothrud ( Pune ) Call ON 8005736733 Starting From 5K to ...VIP Model Call Girls Kothrud ( Pune ) Call ON 8005736733 Starting From 5K to ...
VIP Model Call Girls Kothrud ( Pune ) Call ON 8005736733 Starting From 5K to ...
ย 
Call Now โ‰ฝ 9953056974 โ‰ผ๐Ÿ” Call Girls In New Ashok Nagar โ‰ผ๐Ÿ” Delhi door step de...
Call Now โ‰ฝ 9953056974 โ‰ผ๐Ÿ” Call Girls In New Ashok Nagar  โ‰ผ๐Ÿ” Delhi door step de...Call Now โ‰ฝ 9953056974 โ‰ผ๐Ÿ” Call Girls In New Ashok Nagar  โ‰ผ๐Ÿ” Delhi door step de...
Call Now โ‰ฝ 9953056974 โ‰ผ๐Ÿ” Call Girls In New Ashok Nagar โ‰ผ๐Ÿ” Delhi door step de...
ย 
University management System project report..pdf
University management System project report..pdfUniversity management System project report..pdf
University management System project report..pdf
ย 
(INDIRA) Call Girl Aurangabad Call Now 8617697112 Aurangabad Escorts 24x7
(INDIRA) Call Girl Aurangabad Call Now 8617697112 Aurangabad Escorts 24x7(INDIRA) Call Girl Aurangabad Call Now 8617697112 Aurangabad Escorts 24x7
(INDIRA) Call Girl Aurangabad Call Now 8617697112 Aurangabad Escorts 24x7
ย 
Coefficient of Thermal Expansion and their Importance.pptx
Coefficient of Thermal Expansion and their Importance.pptxCoefficient of Thermal Expansion and their Importance.pptx
Coefficient of Thermal Expansion and their Importance.pptx
ย 
data_management_and _data_science_cheat_sheet.pdf
data_management_and _data_science_cheat_sheet.pdfdata_management_and _data_science_cheat_sheet.pdf
data_management_and _data_science_cheat_sheet.pdf
ย 
CCS335 _ Neural Networks and Deep Learning Laboratory_Lab Complete Record
CCS335 _ Neural Networks and Deep Learning Laboratory_Lab Complete RecordCCS335 _ Neural Networks and Deep Learning Laboratory_Lab Complete Record
CCS335 _ Neural Networks and Deep Learning Laboratory_Lab Complete Record
ย 
Call for Papers - African Journal of Biological Sciences, E-ISSN: 2663-2187, ...
Call for Papers - African Journal of Biological Sciences, E-ISSN: 2663-2187, ...Call for Papers - African Journal of Biological Sciences, E-ISSN: 2663-2187, ...
Call for Papers - African Journal of Biological Sciences, E-ISSN: 2663-2187, ...
ย 
Double rodded leveling 1 pdf activity 01
Double rodded leveling 1 pdf activity 01Double rodded leveling 1 pdf activity 01
Double rodded leveling 1 pdf activity 01
ย 
UNIT-III FMM. DIMENSIONAL ANALYSIS
UNIT-III FMM.        DIMENSIONAL ANALYSISUNIT-III FMM.        DIMENSIONAL ANALYSIS
UNIT-III FMM. DIMENSIONAL ANALYSIS
ย 
Glass Ceramics: Processing and Properties
Glass Ceramics: Processing and PropertiesGlass Ceramics: Processing and Properties
Glass Ceramics: Processing and Properties
ย 
Unit 1 - Soil Classification and Compaction.pdf
Unit 1 - Soil Classification and Compaction.pdfUnit 1 - Soil Classification and Compaction.pdf
Unit 1 - Soil Classification and Compaction.pdf
ย 
Call Girls Pimpri Chinchwad Call Me 7737669865 Budget Friendly No Advance Boo...
Call Girls Pimpri Chinchwad Call Me 7737669865 Budget Friendly No Advance Boo...Call Girls Pimpri Chinchwad Call Me 7737669865 Budget Friendly No Advance Boo...
Call Girls Pimpri Chinchwad Call Me 7737669865 Budget Friendly No Advance Boo...
ย 
Vivazz, Mieres Social Housing Design Spain
Vivazz, Mieres Social Housing Design SpainVivazz, Mieres Social Housing Design Spain
Vivazz, Mieres Social Housing Design Spain
ย 
Call for Papers - Educational Administration: Theory and Practice, E-ISSN: 21...
Call for Papers - Educational Administration: Theory and Practice, E-ISSN: 21...Call for Papers - Educational Administration: Theory and Practice, E-ISSN: 21...
Call for Papers - Educational Administration: Theory and Practice, E-ISSN: 21...
ย 
Booking open Available Pune Call Girls Koregaon Park 6297143586 Call Hot Ind...
Booking open Available Pune Call Girls Koregaon Park  6297143586 Call Hot Ind...Booking open Available Pune Call Girls Koregaon Park  6297143586 Call Hot Ind...
Booking open Available Pune Call Girls Koregaon Park 6297143586 Call Hot Ind...
ย 
Extrusion Processes and Their Limitations
Extrusion Processes and Their LimitationsExtrusion Processes and Their Limitations
Extrusion Processes and Their Limitations
ย 
Thermal Engineering Unit - I & II . ppt
Thermal Engineering  Unit - I & II . pptThermal Engineering  Unit - I & II . ppt
Thermal Engineering Unit - I & II . ppt
ย 
Water Industry Process Automation & Control Monthly - April 2024
Water Industry Process Automation & Control Monthly - April 2024Water Industry Process Automation & Control Monthly - April 2024
Water Industry Process Automation & Control Monthly - April 2024
ย 
Call Girls in Ramesh Nagar Delhi ๐Ÿ’ฏ Call Us ๐Ÿ”9953056974 ๐Ÿ” Escort Service
Call Girls in Ramesh Nagar Delhi ๐Ÿ’ฏ Call Us ๐Ÿ”9953056974 ๐Ÿ” Escort ServiceCall Girls in Ramesh Nagar Delhi ๐Ÿ’ฏ Call Us ๐Ÿ”9953056974 ๐Ÿ” Escort Service
Call Girls in Ramesh Nagar Delhi ๐Ÿ’ฏ Call Us ๐Ÿ”9953056974 ๐Ÿ” Escort Service
ย 

Unit 5_DM.ppt

  • 1. Topics to be covered ๏ถDigital Innovation and Trends: The contemporary digital revolution ๏ถDigital transformation framework ๏ถSecurity and privatization issues with digital marketing ๏ถUnderstanding trends in digital marketing โ€“ Indian and global context
  • 2. Digital Innovation and Trends: The contemporary digital revolution Digital Revolution The Digital Revolution refers to the advancement of technology from analog electronic and mechanical devices to the digital technology available today. The era started to during the 1980s and is ongoing. The Digital Revolution also marks the beginning of the Information Era. The Digital Revolution (also known as the Third Industrial Revolution) is the shift from mechanical and analogue electronic technology to digital electronics which began in the latter half of the 20th century, with the adoption and proliferation of digital computers and digital record-keeping, that continues to the present day.
  • 3.
  • 4. Digital Transformation Framework Digital transformation is the process of using digital technologies to create new โ€” or modify existing โ€” business processes, culture, and customer experiences to meet changing business and market requirements. This reimagining of business in the digital age is digital transformation. Technology modernization does not equate to digital transformation. Customer needs, employees and organizational culture, workflow and business processesโ€”along with technology capabilitiesโ€”must be at the heart of every transformation initiative.
  • 5. Components of Digital Transformation
  • 6. Stages of Digital Transformation
  • 7. Security And Privatization Issues With Digital Marketing Managing WordPress Updates Digital marketers frequently manage WordPress websites, and the most accessible means of attack for a hacker is to exploit outdated software components of such a site. Running out-of-date versions of themes, plugins and core site components is similar to leaving the front door of your house unlocked. Handling Transaction Data Malware is usually the culprit behind these attacks, so it is essential to have everyone working for the site acquainted with the proper anti- malware measures. These can include the addition of a layer of encryption for files that contain transaction data, ensuring that even in the event of a security breach, hackers will end up with data which isnโ€™t immediately useful, thus reducing collateral damage as a result of the hack.
  • 8. Managing User Accounts When working for an online business like a web design agency, marketers sometimes get special user accounts to manage particular site features. It is crucial that they do so in a responsible manner. Security threats often come from compromised user accounts, and since marketer accounts often have higher permissions, they pose a higher security risk. Cyber Security is Crucial Security is the cornerstone of any online business, and this includes digital marketing. Knowing what the threats are, what kind of damage they can do, and how to overcome them is essential for succeeding in the business, so marketers should take special care to bring themselves up-to-speed on the latest cyber security trends and information.
  • 9. Understanding trends in digital marketing Indian and Global context Voice Search Influencer Marketing Personalization Multichannel marketing Augmented Reality (AR) / Virtual reality AI-Based Automation
  • 11. Topics to be covered ๏ถOnline communities ๏ถCo-creation.
  • 12. Online Communities And Co-creation An online community, also called an internet community or web community is a โ€˜virtual community group of like-minded individuals connected by online interactions. Itโ€™s members enable the existence of the community by sharing information and helping each other. Online communities can be found on forums, weblogs and social network sites. A virtual community is defined as an aggregation of individuals or business partners who interact around a shared interest, where the interaction is at least partially supported or mediated by technology (or both), and guided by some protocols or norms"
  • 13. Some signs of community are: 1. Content: articles, information, and news about a topic of interest to a group of people. 2. Forums or newsgroups and email: so that community members can communicate in delayed fashion. 3. Chat and instant messaging: so that community members can communicate more immediately.
  • 14. Roles in an online community Although online societies differ in content from real society, the roles people assume in their online communities are quite similar. Elliot Volkman points out several categories of people that play a role in the cycle of social networking, these include: Community architect โ€“ Creates the online community, sets goals and decides the purpose of the site. Community manager โ€“ Oversees the progress of the society. Enforces rules, encourages social norms, assists new members, and spreads awareness about the community. Professional member โ€“ This is a member who is paid to contribute to the site. The purpose of this role is to keep the community active. Free members โ€“ These members visit sites most often and represent the majority of the contributors. Their contributions are crucial to the sites' progress.
  • 15. Passive lurker โ€“ These people do not contribute to the site but rather absorb the content, discussion, and advice. Active lurker โ€“ Consumes the content and shares that content with personal networks and other communities. Power users โ€“ These people push for new discussion, provide positive feedback to community managers, and sometimes even act as community managers themselves. They have a major influence on the site and make up only a small percentage of the users.
  • 16. Types of Online Communities 1. Social communities include public social networks like Facebook, Twitter and Instagram. Brands use social communities mostly for marketing purposes, broadcasting information, building brand awareness and reaching greater audiences for campaigns and messaging. Social communities are useful for tracking what your competitors are up to and identifying broad consumer trends. 2. Support communities enable members to offer product tips to other customers, helping companies reduce customer support costs. Compared to social communities, this category provides a more structured way of gathering innovative ideas because support communities allow brands to track product- and service-related conversations.
  • 17. 3. Advocate communities allow brands to mobilize their most passionate, loyal customers. Also known as advocate marketing software, this community type often rewards members for writing a testimonial, posting about the company on social media and doing other similar activities. 4. Insight communities are made up of carefully selected groups of customers who maintain a long-term relationship with brands. These communities allow companies to gather continuous, high-quality feedback from engaged stakeholders like customers, partners or employees.
  • 18. 7 steps to build your own online community: Identify key stakeholders for the online community. Define the purpose and goal. Select a community platform. Build a member profile. Develop rules and norms. Set up your community. Identify key stakeholders for the online community. Promote your community.
  • 19. Co Creation Co-creation as the collaborative development of new value (concepts, solutions, products and services) together with experts and/or stakeholders (such as customers, suppliers etc.). Co-creation is a form of collaborative innovation: ideas are shared and improved together, rather than kept to oneself. It is closely connected to โ€“ and mentioned alongside โ€“ two other buzz-words: โ€˜open sourceโ€™ and โ€˜mass-customizationโ€™. Co-creation, in the context of a business, refers to a product or service design process in which input from consumers plays a central role from beginning to end. Less specifically, the term is also used for any way in which a business allows consumers to submit ideas, designs or content. Another meaning is the creation of value by ordinary people, whether for a company or not
  • 20.
  • 21. The process and Types of Co-creation The process of co-creation essentially involves 2 core steps: Contribution: Submission of contributions by the public to the firm Selection: Selection of the most promising and appealing contributions/submissions Types of Co-creation Depending on the degree of control exercised by the firm/public over the contribution and selection activities, co-creation may be broadly classified into 4 categories: Tinkering: Public exercises control over the contribution activity while the firm exercises control over the selection activity Submitting: Firm exercises complete control over both the activities Co-designing: Firm exercises control over the contribution activity while the public exercises control over the selection activity Collaborating: Public exercises complete control over both the activities