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Challenges of 21st Century –
Information Overload
(Need for Personalized Marketing)
INTRODUCTION
•Increasing Information overload
•Shorter product cycles
•Technological diffusion – E- Wallets, Payment Banks, Mobile Apps;
•Increasing disposable of incomes;
BACKGROUND
• Personalized Marketing
• Using Social Media
• Use of Cognitive Heuristics
• Share of Heart
Customization
• Customization
• Personalization
• Product Adaption at Individual Level
Cultural Sensibilities
• Culturally Sensitive Brands
• Etnoconsumerism
• Adaptation
• Geographic Fit
• Avoid Vernacular mistakes
Local Vernacular Language
• Vernacular language usage
• Using local language
• Taking care of Culture
– Heritage
– Social Beliefs
– Culture
RESEARCH PROBLEM
•Credibility Evaluation in Digital environment using Cognitive Heuristics
•Evaluating the role of Digital Financial Literacy, Advertising & Marketing,
Vernacular Language and Consumer Support in increasing the usability of
M Commerce in Tier II and Tier III cities
•Studying the impact of Marketing and Advertising on Consumer Attitude
towards e-Commerce in Tier – II and Tier III cities
•Digital Fraud Mitigation through preventive measures and Digital Financial Literacy
•Describing the role of Digital Literacy in creating a secured Marketing environment
CONCLUSION
• Personalized Marketing can lead to better markets &
customer satisfaction
• Use of associations & story telling helps in customer
retention
• Cultural and Social Factors have a major role to play
in the adoption of the product or service
My Role in creating Personal Brands
My Role
• Research on relevance of Ethno consumerism
• Developing a theory on Personalized Marketing
• Highlighting the importance of Personalized Marketing in age of
information overload
Personalized marketin

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Personalized marketin

  • 1. Challenges of 21st Century – Information Overload (Need for Personalized Marketing)
  • 2. INTRODUCTION •Increasing Information overload •Shorter product cycles •Technological diffusion – E- Wallets, Payment Banks, Mobile Apps; •Increasing disposable of incomes;
  • 3. BACKGROUND • Personalized Marketing • Using Social Media • Use of Cognitive Heuristics • Share of Heart
  • 4. Customization • Customization • Personalization • Product Adaption at Individual Level
  • 5. Cultural Sensibilities • Culturally Sensitive Brands • Etnoconsumerism • Adaptation • Geographic Fit • Avoid Vernacular mistakes
  • 6. Local Vernacular Language • Vernacular language usage • Using local language • Taking care of Culture – Heritage – Social Beliefs – Culture
  • 7. RESEARCH PROBLEM •Credibility Evaluation in Digital environment using Cognitive Heuristics •Evaluating the role of Digital Financial Literacy, Advertising & Marketing, Vernacular Language and Consumer Support in increasing the usability of M Commerce in Tier II and Tier III cities •Studying the impact of Marketing and Advertising on Consumer Attitude towards e-Commerce in Tier – II and Tier III cities •Digital Fraud Mitigation through preventive measures and Digital Financial Literacy •Describing the role of Digital Literacy in creating a secured Marketing environment
  • 8. CONCLUSION • Personalized Marketing can lead to better markets & customer satisfaction • Use of associations & story telling helps in customer retention • Cultural and Social Factors have a major role to play in the adoption of the product or service
  • 9. My Role in creating Personal Brands My Role • Research on relevance of Ethno consumerism • Developing a theory on Personalized Marketing • Highlighting the importance of Personalized Marketing in age of information overload