SlideShare a Scribd company logo
BRANDING IN THE DIGITAL AGE
   -YOU’RE SPENDING YOUR MONEY
     IN ALL THE WRONG PLACES

             -BY DAVID C . EDELMAN



              PRESENTED BY-
                              GIRISH RAJU (B506)
                              SOURABH DE (B525)
ABOUT THE AUTHOR




DAVID C. EDELMAN-
He is the Global co-leader, Digital Marketing and
Sales Practice, at McKinsey & Company.
ABOUT THE ARTICLE


 The impact of branding in the digital age.
 How internet has been used as a tool to build relationship
  with brands.
 How INTERNET influences (positively or negatively) a
  brand.
 How traditional marketing strategies have continued to
  exhaust.
 Consumer Decision Journey.
INTRODUCTION

 TRADITIONAL AGE:
            Relation ends with sale.
 INTERNET AGE:
            Relation sustains, remains engage
 TOUCH POINTS:
            Spending more time
TRADITIONAL FUNNEL METAPHOR
BLOCK THAT METAPHOR:



      David court 2009 carried on a study on how customer
engage with brands- “The customer decision journey”
      (CDJ)
      Famous funnel metaphor to think about touch points-
have used paid- media, push marketing.
THE RESEARCH REVEALED



 Today’s consumers take a much more iterative and less
 reductive journey of four stages:


  Consider
  Evaluate
  Buy
  Enjoy, Advocate and Bond
MODERN CONSUMER DECISION JOURNEY
JOURNEY IN PRACTICE
There are two implication of this:
Instead of focusing on how to allocate spending across media, marketers
should target stages in the decision journey.
         ADVERTISEMENT
         ADVOCACY
The second implication is that marketers’ budgets are constructed to meet the
needs of a strategy that is outdated.
         ONE WAY COMMUNICATION
         HUGE COST INVOLVED
Instead of paid media marketers should concentrate on-
         Owned media
         Earned media
EXAMPLE-
LAUNCHING A PILOT
 To shift to a CDJ-driven strategy has three parts:
 understanding your consumers’ decision journey
 Determining which touch points are priorities how to
  leverage them
 Allocating resources accordingly
To see how consumers navigate the decision journey the following were
considered:


 WHAT THEY DO
    To answer this, multiple questions were
    framed like:
    How would they describe the stages of their
     journey, online and off?
    Which resources were most valuable to them,
     and which were disappointing?
    How did brands enter and leave their decision
     sets, and what drove their purchases in the end?
WHAT THEY SEE
   This consisted of questions like:
   How was its appearance in the search
    engines?
   How visible were they on retail sites?
    What do consumers review about the brand?


   WHAT THEY SAY
   The final focus was what people say online about the brand
TAKING ACTION

 - Shift from paid media
 - Marketing inserted links from its own site
   to retail sites
 - Developed programs that included online
   community initiatives, contests, and e-mail
   promotions
 A CUSTOMER EXPERIENCE PLAN
  -The details of a customer experience plan
   will vary according to the company’s
   products, target segments, campaign
   strategy, and media mix


 NEW ROLES FOR MARKETING
  -Orchestrator
  - Publisher and “content supply chain” manager.
  - Marketplace intelligence leader.


 STARTING THE JOURNEY
HOW THE INTERNET IS USED

 A large number of the internet population use the internet for just
  searching randomly.


 The next large internet population is more involved in research


 Online videos and music


 Last but not the least- Social Networking.
 Google conducted a research on the online and offline purchases:-


 Research online and purchase offline (66%)


 Research offline and purchase offline (13%)


 Research online and purchase online (20%)


 Research offline and purchase online (0%)
50 MILLION MARK
 It took radio 38 years


 It tool Television 13 years


 It took Internet 7 years


 It took Mobile just 3 years
Branding in the digital age

More Related Content

What's hot

Meaningfully Different Brands
Meaningfully Different BrandsMeaningfully Different Brands
Meaningfully Different BrandsKantar
 
IMC Strategy and Implementation
IMC Strategy and ImplementationIMC Strategy and Implementation
IMC Strategy and Implementation
Wax Marketing, Inc.
 
Brand Masterclass Week Four
Brand Masterclass Week FourBrand Masterclass Week Four
Brand Masterclass Week Four
Idris Mootee
 
Essentials of branding
Essentials of brandingEssentials of branding
Essentials of branding
Ankit Sinai Talaulikar
 
What's Next: Steering Brands through COVID-19
What's Next: Steering Brands through COVID-19What's Next: Steering Brands through COVID-19
What's Next: Steering Brands through COVID-19
Ogilvy Consulting
 
Peter Field on maximising campaign efficiency using the IPA Effectiveness Dat...
Peter Field on maximising campaign efficiency using the IPA Effectiveness Dat...Peter Field on maximising campaign efficiency using the IPA Effectiveness Dat...
Peter Field on maximising campaign efficiency using the IPA Effectiveness Dat...
The_IPA
 
Brand Mantras and positioning
Brand Mantras and positioning Brand Mantras and positioning
Brand Mantras and positioning
Jatin Jalandra
 
Brand tracking studies
Brand tracking studiesBrand tracking studies
Brand tracking studies
Whistling Crow
 
Rebranding
RebrandingRebranding
Rebranding
Rohit Dobaria
 
Global branding
Global brandingGlobal branding
Global branding
Gönenç Dalgıç
 
The Connected Beauty Consumer Report by Google, WPP, & Kantar
The Connected Beauty Consumer Report by Google, WPP, & KantarThe Connected Beauty Consumer Report by Google, WPP, & Kantar
The Connected Beauty Consumer Report by Google, WPP, & Kantar
Social Samosa
 
Strategic Brand Management
Strategic Brand ManagementStrategic Brand Management
Strategic Brand Management
Asia Pacific Marketing Institute
 
Johnnie Walker Brand Audit
Johnnie Walker Brand AuditJohnnie Walker Brand Audit
Johnnie Walker Brand Audit
Rob Noble
 
Chapter 8 (developing a brand equity measurement and management system)
Chapter 8  (developing a brand equity measurement and management system)Chapter 8  (developing a brand equity measurement and management system)
Chapter 8 (developing a brand equity measurement and management system)
Jawad Chaudhry
 
Marketing Research
Marketing Research Marketing Research
Marketing Research
Integrated Marketing Foundation
 
Millward Brown Egypt - Meaningfully Different Brands
Millward Brown Egypt - Meaningfully Different BrandsMillward Brown Egypt - Meaningfully Different Brands
Millward Brown Egypt - Meaningfully Different Brands
Kantar
 
Building and Managing Brands
Building and Managing BrandsBuilding and Managing Brands
Building and Managing Brandsgyaanmasti
 
My Planning Portfolio
My Planning PortfolioMy Planning Portfolio
My Planning Portfolio
Silvia Escrivá
 

What's hot (20)

Meaningfully Different Brands
Meaningfully Different BrandsMeaningfully Different Brands
Meaningfully Different Brands
 
IMC Strategy and Implementation
IMC Strategy and ImplementationIMC Strategy and Implementation
IMC Strategy and Implementation
 
Brand Masterclass Week Four
Brand Masterclass Week FourBrand Masterclass Week Four
Brand Masterclass Week Four
 
Essentials of branding
Essentials of brandingEssentials of branding
Essentials of branding
 
What's Next: Steering Brands through COVID-19
What's Next: Steering Brands through COVID-19What's Next: Steering Brands through COVID-19
What's Next: Steering Brands through COVID-19
 
Peter Field on maximising campaign efficiency using the IPA Effectiveness Dat...
Peter Field on maximising campaign efficiency using the IPA Effectiveness Dat...Peter Field on maximising campaign efficiency using the IPA Effectiveness Dat...
Peter Field on maximising campaign efficiency using the IPA Effectiveness Dat...
 
Brand Mantras and positioning
Brand Mantras and positioning Brand Mantras and positioning
Brand Mantras and positioning
 
Brand Value chain
Brand Value chainBrand Value chain
Brand Value chain
 
Brand tracking studies
Brand tracking studiesBrand tracking studies
Brand tracking studies
 
Rebranding
RebrandingRebranding
Rebranding
 
Global branding
Global brandingGlobal branding
Global branding
 
Chapter 15 evaluation and integrated marketing program
Chapter 15  evaluation and integrated marketing programChapter 15  evaluation and integrated marketing program
Chapter 15 evaluation and integrated marketing program
 
The Connected Beauty Consumer Report by Google, WPP, & Kantar
The Connected Beauty Consumer Report by Google, WPP, & KantarThe Connected Beauty Consumer Report by Google, WPP, & Kantar
The Connected Beauty Consumer Report by Google, WPP, & Kantar
 
Strategic Brand Management
Strategic Brand ManagementStrategic Brand Management
Strategic Brand Management
 
Johnnie Walker Brand Audit
Johnnie Walker Brand AuditJohnnie Walker Brand Audit
Johnnie Walker Brand Audit
 
Chapter 8 (developing a brand equity measurement and management system)
Chapter 8  (developing a brand equity measurement and management system)Chapter 8  (developing a brand equity measurement and management system)
Chapter 8 (developing a brand equity measurement and management system)
 
Marketing Research
Marketing Research Marketing Research
Marketing Research
 
Millward Brown Egypt - Meaningfully Different Brands
Millward Brown Egypt - Meaningfully Different BrandsMillward Brown Egypt - Meaningfully Different Brands
Millward Brown Egypt - Meaningfully Different Brands
 
Building and Managing Brands
Building and Managing BrandsBuilding and Managing Brands
Building and Managing Brands
 
My Planning Portfolio
My Planning PortfolioMy Planning Portfolio
My Planning Portfolio
 

Viewers also liked

Branding in the digital age
Branding in the digital ageBranding in the digital age
Branding in the digital age
We are Blossom
 
Keynote: Branding in the Digital Age
Keynote: Branding in the Digital AgeKeynote: Branding in the Digital Age
Keynote: Branding in the Digital Age
Insight Summit Series
 
Branding In The Age Of Social Media
Branding In The Age Of Social MediaBranding In The Age Of Social Media
Branding In The Age Of Social Media
Amritansh Bharech
 
Branding in the Digital World: Thinking Beyond Logos and Colour Palettes
Branding in the Digital World: Thinking Beyond Logos and Colour PalettesBranding in the Digital World: Thinking Beyond Logos and Colour Palettes
Branding in the Digital World: Thinking Beyond Logos and Colour Palettes
Stephen McGill
 
Branding in the age of social media
Branding in the age of social mediaBranding in the age of social media
Branding in the age of social media
Ravi Gupta
 
Ecosystem Marketing
Ecosystem MarketingEcosystem Marketing
Ecosystem Marketing
Leigh Himel
 
Talent Brand: The Intersection of Talent Acquisition and Marketing
Talent Brand: The Intersection of Talent Acquisition and MarketingTalent Brand: The Intersection of Talent Acquisition and Marketing
Talent Brand: The Intersection of Talent Acquisition and Marketing
LinkedIn Talent Solutions
 
Digital Branding
Digital BrandingDigital Branding
Digital Branding
Chris Schaumann
 
Personal branding in the digital age - course handouts
Personal branding in the digital age - course handoutsPersonal branding in the digital age - course handouts
Personal branding in the digital age - course handouts
Digital Consultant
 
branding in the age of social media
branding in the age of social mediabranding in the age of social media
branding in the age of social mediaSrilekha Das
 
Branding in the age of social media
Branding in the age of social mediaBranding in the age of social media
Branding in the age of social media
Africa Foundation for Young Media Professionals
 
Branding in the Age of Social Media
Branding in the Age of Social Media Branding in the Age of Social Media
Branding in the Age of Social Media
SoMeTourism
 
Digital Branding: Why it matters to your success
Digital Branding: Why it matters to your successDigital Branding: Why it matters to your success
Digital Branding: Why it matters to your success
ervinandsmith
 
Social Media Strategy Frameworkv1
Social Media Strategy Frameworkv1Social Media Strategy Frameworkv1
Social Media Strategy Frameworkv1
Elizabeth Lupfer
 
Mullen Marketing Ecosystem
Mullen Marketing EcosystemMullen Marketing Ecosystem
Mullen Marketing Ecosystem
Elizabeth Lupfer
 
Love Your Brand, Set it Free - Branding in the Digital Age
Love Your Brand, Set it Free - Branding in the Digital AgeLove Your Brand, Set it Free - Branding in the Digital Age
Love Your Brand, Set it Free - Branding in the Digital Age
Claravon Group
 
Marketing Ecosystems
Marketing EcosystemsMarketing Ecosystems
Marketing EcosystemsWebsiteBiz
 
Marketing ecosystem: 7 challenges facing marketers today
Marketing ecosystem: 7 challenges facing marketers todayMarketing ecosystem: 7 challenges facing marketers today
Marketing ecosystem: 7 challenges facing marketers today
Tony Davis
 
Group3 sec b_ branding in digital age
Group3 sec b_ branding in digital ageGroup3 sec b_ branding in digital age
Group3 sec b_ branding in digital age
Sameer Mathur
 
Brand Management Presentation
Brand Management PresentationBrand Management Presentation
Brand Management PresentationMansour Haydary
 

Viewers also liked (20)

Branding in the digital age
Branding in the digital ageBranding in the digital age
Branding in the digital age
 
Keynote: Branding in the Digital Age
Keynote: Branding in the Digital AgeKeynote: Branding in the Digital Age
Keynote: Branding in the Digital Age
 
Branding In The Age Of Social Media
Branding In The Age Of Social MediaBranding In The Age Of Social Media
Branding In The Age Of Social Media
 
Branding in the Digital World: Thinking Beyond Logos and Colour Palettes
Branding in the Digital World: Thinking Beyond Logos and Colour PalettesBranding in the Digital World: Thinking Beyond Logos and Colour Palettes
Branding in the Digital World: Thinking Beyond Logos and Colour Palettes
 
Branding in the age of social media
Branding in the age of social mediaBranding in the age of social media
Branding in the age of social media
 
Ecosystem Marketing
Ecosystem MarketingEcosystem Marketing
Ecosystem Marketing
 
Talent Brand: The Intersection of Talent Acquisition and Marketing
Talent Brand: The Intersection of Talent Acquisition and MarketingTalent Brand: The Intersection of Talent Acquisition and Marketing
Talent Brand: The Intersection of Talent Acquisition and Marketing
 
Digital Branding
Digital BrandingDigital Branding
Digital Branding
 
Personal branding in the digital age - course handouts
Personal branding in the digital age - course handoutsPersonal branding in the digital age - course handouts
Personal branding in the digital age - course handouts
 
branding in the age of social media
branding in the age of social mediabranding in the age of social media
branding in the age of social media
 
Branding in the age of social media
Branding in the age of social mediaBranding in the age of social media
Branding in the age of social media
 
Branding in the Age of Social Media
Branding in the Age of Social Media Branding in the Age of Social Media
Branding in the Age of Social Media
 
Digital Branding: Why it matters to your success
Digital Branding: Why it matters to your successDigital Branding: Why it matters to your success
Digital Branding: Why it matters to your success
 
Social Media Strategy Frameworkv1
Social Media Strategy Frameworkv1Social Media Strategy Frameworkv1
Social Media Strategy Frameworkv1
 
Mullen Marketing Ecosystem
Mullen Marketing EcosystemMullen Marketing Ecosystem
Mullen Marketing Ecosystem
 
Love Your Brand, Set it Free - Branding in the Digital Age
Love Your Brand, Set it Free - Branding in the Digital AgeLove Your Brand, Set it Free - Branding in the Digital Age
Love Your Brand, Set it Free - Branding in the Digital Age
 
Marketing Ecosystems
Marketing EcosystemsMarketing Ecosystems
Marketing Ecosystems
 
Marketing ecosystem: 7 challenges facing marketers today
Marketing ecosystem: 7 challenges facing marketers todayMarketing ecosystem: 7 challenges facing marketers today
Marketing ecosystem: 7 challenges facing marketers today
 
Group3 sec b_ branding in digital age
Group3 sec b_ branding in digital ageGroup3 sec b_ branding in digital age
Group3 sec b_ branding in digital age
 
Brand Management Presentation
Brand Management PresentationBrand Management Presentation
Brand Management Presentation
 

Similar to Branding in the digital age

You’re Spending Your Money In All the Wrong Places brand management
You’re Spending Your MoneyIn All the Wrong Places brand managementYou’re Spending Your MoneyIn All the Wrong Places brand management
You’re Spending Your Money In All the Wrong Places brand management
ayu candra
 
Platforum Logicav3.0
Platforum Logicav3.0Platforum Logicav3.0
Platforum Logicav3.0
Elaine Doherty
 
Internet - Digital Marketing
Internet - Digital MarketingInternet - Digital Marketing
Internet - Digital Marketing
Heru WIjayanto
 
Show me the Money - Proving success in social media
Show me the Money - Proving success in social mediaShow me the Money - Proving success in social media
Show me the Money - Proving success in social mediaiCrossing
 
CCW332-DIGITAL MARKETING QUESTION BANK WITH ANSWERS
CCW332-DIGITAL MARKETING QUESTION BANK WITH ANSWERSCCW332-DIGITAL MARKETING QUESTION BANK WITH ANSWERS
CCW332-DIGITAL MARKETING QUESTION BANK WITH ANSWERS
Tamil949112
 
Chapter01
Chapter01Chapter01
Closing the Gap: Adopting Omnichannel Strategies for Stronger Brand-Consumer ...
Closing the Gap: Adopting Omnichannel Strategies for Stronger Brand-Consumer ...Closing the Gap: Adopting Omnichannel Strategies for Stronger Brand-Consumer ...
Closing the Gap: Adopting Omnichannel Strategies for Stronger Brand-Consumer ...
Catalyst
 
ARF 360 Media and Marketing Council - AdWeek 2009
ARF 360 Media and Marketing Council - AdWeek 2009ARF 360 Media and Marketing Council - AdWeek 2009
ARF 360 Media and Marketing Council - AdWeek 2009
The Advertising Research Foundation
 
Digital Marketing Online Social and Mobile
Digital Marketing Online Social and MobileDigital Marketing Online Social and Mobile
Digital Marketing Online Social and Mobile
tashalharris81
 
Social: An essential component of pervasive B2B marketing
Social: An essential component of pervasive B2B marketingSocial: An essential component of pervasive B2B marketing
Social: An essential component of pervasive B2B marketing
McKinsey on Marketing & Sales
 
Product innovation goes co creation for branding globally
Product innovation goes co creation for branding globallyProduct innovation goes co creation for branding globally
Product innovation goes co creation for branding globally
Khrisma Khrisma
 
MAD School - How to create an engaging social media campaign?
MAD School -  How to create an engaging social media campaign?MAD School -  How to create an engaging social media campaign?
MAD School - How to create an engaging social media campaign?
MADSchoolSG
 
The Secret Ingredients to Marketing on a Small Budget
The Secret Ingredients to Marketing on a Small BudgetThe Secret Ingredients to Marketing on a Small Budget
The Secret Ingredients to Marketing on a Small Budget
Flint Group
 
Chapter01
Chapter01Chapter01
Chapter01
Marium Zehra
 
Chapter01.ppt
Chapter01.pptChapter01.ppt
Chapter01.ppt
SapnaMathur5
 
Chapter01.ppt slides by Leon g schiffman
Chapter01.ppt slides by Leon g schiffmanChapter01.ppt slides by Leon g schiffman
Chapter01.ppt slides by Leon g schiffman
HafizOmer4
 
A detail analysis on the roles of Digital marketing over Conventional marketing
A detail analysis on the roles of Digital marketing over Conventional marketingA detail analysis on the roles of Digital marketing over Conventional marketing
A detail analysis on the roles of Digital marketing over Conventional marketing
Tanushree
 
New Trends in Advertising & Marketing
New Trends in Advertising & MarketingNew Trends in Advertising & Marketing
New Trends in Advertising & Marketing
Navin Pamnani
 
Emerging Marketing Trends PPT
Emerging Marketing Trends PPTEmerging Marketing Trends PPT
Emerging Marketing Trends PPT
Jason W
 
Stories that scale
Stories that scaleStories that scale
Stories that scale
Brilliant Noise
 

Similar to Branding in the digital age (20)

You’re Spending Your Money In All the Wrong Places brand management
You’re Spending Your MoneyIn All the Wrong Places brand managementYou’re Spending Your MoneyIn All the Wrong Places brand management
You’re Spending Your Money In All the Wrong Places brand management
 
Platforum Logicav3.0
Platforum Logicav3.0Platforum Logicav3.0
Platforum Logicav3.0
 
Internet - Digital Marketing
Internet - Digital MarketingInternet - Digital Marketing
Internet - Digital Marketing
 
Show me the Money - Proving success in social media
Show me the Money - Proving success in social mediaShow me the Money - Proving success in social media
Show me the Money - Proving success in social media
 
CCW332-DIGITAL MARKETING QUESTION BANK WITH ANSWERS
CCW332-DIGITAL MARKETING QUESTION BANK WITH ANSWERSCCW332-DIGITAL MARKETING QUESTION BANK WITH ANSWERS
CCW332-DIGITAL MARKETING QUESTION BANK WITH ANSWERS
 
Chapter01
Chapter01Chapter01
Chapter01
 
Closing the Gap: Adopting Omnichannel Strategies for Stronger Brand-Consumer ...
Closing the Gap: Adopting Omnichannel Strategies for Stronger Brand-Consumer ...Closing the Gap: Adopting Omnichannel Strategies for Stronger Brand-Consumer ...
Closing the Gap: Adopting Omnichannel Strategies for Stronger Brand-Consumer ...
 
ARF 360 Media and Marketing Council - AdWeek 2009
ARF 360 Media and Marketing Council - AdWeek 2009ARF 360 Media and Marketing Council - AdWeek 2009
ARF 360 Media and Marketing Council - AdWeek 2009
 
Digital Marketing Online Social and Mobile
Digital Marketing Online Social and MobileDigital Marketing Online Social and Mobile
Digital Marketing Online Social and Mobile
 
Social: An essential component of pervasive B2B marketing
Social: An essential component of pervasive B2B marketingSocial: An essential component of pervasive B2B marketing
Social: An essential component of pervasive B2B marketing
 
Product innovation goes co creation for branding globally
Product innovation goes co creation for branding globallyProduct innovation goes co creation for branding globally
Product innovation goes co creation for branding globally
 
MAD School - How to create an engaging social media campaign?
MAD School -  How to create an engaging social media campaign?MAD School -  How to create an engaging social media campaign?
MAD School - How to create an engaging social media campaign?
 
The Secret Ingredients to Marketing on a Small Budget
The Secret Ingredients to Marketing on a Small BudgetThe Secret Ingredients to Marketing on a Small Budget
The Secret Ingredients to Marketing on a Small Budget
 
Chapter01
Chapter01Chapter01
Chapter01
 
Chapter01.ppt
Chapter01.pptChapter01.ppt
Chapter01.ppt
 
Chapter01.ppt slides by Leon g schiffman
Chapter01.ppt slides by Leon g schiffmanChapter01.ppt slides by Leon g schiffman
Chapter01.ppt slides by Leon g schiffman
 
A detail analysis on the roles of Digital marketing over Conventional marketing
A detail analysis on the roles of Digital marketing over Conventional marketingA detail analysis on the roles of Digital marketing over Conventional marketing
A detail analysis on the roles of Digital marketing over Conventional marketing
 
New Trends in Advertising & Marketing
New Trends in Advertising & MarketingNew Trends in Advertising & Marketing
New Trends in Advertising & Marketing
 
Emerging Marketing Trends PPT
Emerging Marketing Trends PPTEmerging Marketing Trends PPT
Emerging Marketing Trends PPT
 
Stories that scale
Stories that scaleStories that scale
Stories that scale
 

Recently uploaded

How to Add Chatter in the odoo 17 ERP Module
How to Add Chatter in the odoo 17 ERP ModuleHow to Add Chatter in the odoo 17 ERP Module
How to Add Chatter in the odoo 17 ERP Module
Celine George
 
Natural birth techniques - Mrs.Akanksha Trivedi Rama University
Natural birth techniques - Mrs.Akanksha Trivedi Rama UniversityNatural birth techniques - Mrs.Akanksha Trivedi Rama University
Natural birth techniques - Mrs.Akanksha Trivedi Rama University
Akanksha trivedi rama nursing college kanpur.
 
Digital Artefact 1 - Tiny Home Environmental Design
Digital Artefact 1 - Tiny Home Environmental DesignDigital Artefact 1 - Tiny Home Environmental Design
Digital Artefact 1 - Tiny Home Environmental Design
amberjdewit93
 
A Survey of Techniques for Maximizing LLM Performance.pptx
A Survey of Techniques for Maximizing LLM Performance.pptxA Survey of Techniques for Maximizing LLM Performance.pptx
A Survey of Techniques for Maximizing LLM Performance.pptx
thanhdowork
 
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
Levi Shapiro
 
Landownership in the Philippines under the Americans-2-pptx.pptx
Landownership in the Philippines under the Americans-2-pptx.pptxLandownership in the Philippines under the Americans-2-pptx.pptx
Landownership in the Philippines under the Americans-2-pptx.pptx
JezreelCabil2
 
"Protectable subject matters, Protection in biotechnology, Protection of othe...
"Protectable subject matters, Protection in biotechnology, Protection of othe..."Protectable subject matters, Protection in biotechnology, Protection of othe...
"Protectable subject matters, Protection in biotechnology, Protection of othe...
SACHIN R KONDAGURI
 
Biological Screening of Herbal Drugs in detailed.
Biological Screening of Herbal Drugs in detailed.Biological Screening of Herbal Drugs in detailed.
Biological Screening of Herbal Drugs in detailed.
Ashokrao Mane college of Pharmacy Peth-Vadgaon
 
Group Presentation 2 Economics.Ariana Buscigliopptx
Group Presentation 2 Economics.Ariana BuscigliopptxGroup Presentation 2 Economics.Ariana Buscigliopptx
Group Presentation 2 Economics.Ariana Buscigliopptx
ArianaBusciglio
 
MATATAG CURRICULUM: ASSESSING THE READINESS OF ELEM. PUBLIC SCHOOL TEACHERS I...
MATATAG CURRICULUM: ASSESSING THE READINESS OF ELEM. PUBLIC SCHOOL TEACHERS I...MATATAG CURRICULUM: ASSESSING THE READINESS OF ELEM. PUBLIC SCHOOL TEACHERS I...
MATATAG CURRICULUM: ASSESSING THE READINESS OF ELEM. PUBLIC SCHOOL TEACHERS I...
NelTorrente
 
Azure Interview Questions and Answers PDF By ScholarHat
Azure Interview Questions and Answers PDF By ScholarHatAzure Interview Questions and Answers PDF By ScholarHat
Azure Interview Questions and Answers PDF By ScholarHat
Scholarhat
 
Lapbook sobre os Regimes Totalitários.pdf
Lapbook sobre os Regimes Totalitários.pdfLapbook sobre os Regimes Totalitários.pdf
Lapbook sobre os Regimes Totalitários.pdf
Jean Carlos Nunes Paixão
 
Assignment_4_ArianaBusciglio Marvel(1).docx
Assignment_4_ArianaBusciglio Marvel(1).docxAssignment_4_ArianaBusciglio Marvel(1).docx
Assignment_4_ArianaBusciglio Marvel(1).docx
ArianaBusciglio
 
2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...
Sandy Millin
 
Introduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp NetworkIntroduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp Network
TechSoup
 
S1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptxS1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptx
tarandeep35
 
Normal Labour/ Stages of Labour/ Mechanism of Labour
Normal Labour/ Stages of Labour/ Mechanism of LabourNormal Labour/ Stages of Labour/ Mechanism of Labour
Normal Labour/ Stages of Labour/ Mechanism of Labour
Wasim Ak
 
PIMS Job Advertisement 2024.pdf Islamabad
PIMS Job Advertisement 2024.pdf IslamabadPIMS Job Advertisement 2024.pdf Islamabad
PIMS Job Advertisement 2024.pdf Islamabad
AyyanKhan40
 
TESDA TM1 REVIEWER FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
TESDA TM1 REVIEWER  FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...TESDA TM1 REVIEWER  FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
TESDA TM1 REVIEWER FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
EugeneSaldivar
 
The simplified electron and muon model, Oscillating Spacetime: The Foundation...
The simplified electron and muon model, Oscillating Spacetime: The Foundation...The simplified electron and muon model, Oscillating Spacetime: The Foundation...
The simplified electron and muon model, Oscillating Spacetime: The Foundation...
RitikBhardwaj56
 

Recently uploaded (20)

How to Add Chatter in the odoo 17 ERP Module
How to Add Chatter in the odoo 17 ERP ModuleHow to Add Chatter in the odoo 17 ERP Module
How to Add Chatter in the odoo 17 ERP Module
 
Natural birth techniques - Mrs.Akanksha Trivedi Rama University
Natural birth techniques - Mrs.Akanksha Trivedi Rama UniversityNatural birth techniques - Mrs.Akanksha Trivedi Rama University
Natural birth techniques - Mrs.Akanksha Trivedi Rama University
 
Digital Artefact 1 - Tiny Home Environmental Design
Digital Artefact 1 - Tiny Home Environmental DesignDigital Artefact 1 - Tiny Home Environmental Design
Digital Artefact 1 - Tiny Home Environmental Design
 
A Survey of Techniques for Maximizing LLM Performance.pptx
A Survey of Techniques for Maximizing LLM Performance.pptxA Survey of Techniques for Maximizing LLM Performance.pptx
A Survey of Techniques for Maximizing LLM Performance.pptx
 
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
 
Landownership in the Philippines under the Americans-2-pptx.pptx
Landownership in the Philippines under the Americans-2-pptx.pptxLandownership in the Philippines under the Americans-2-pptx.pptx
Landownership in the Philippines under the Americans-2-pptx.pptx
 
"Protectable subject matters, Protection in biotechnology, Protection of othe...
"Protectable subject matters, Protection in biotechnology, Protection of othe..."Protectable subject matters, Protection in biotechnology, Protection of othe...
"Protectable subject matters, Protection in biotechnology, Protection of othe...
 
Biological Screening of Herbal Drugs in detailed.
Biological Screening of Herbal Drugs in detailed.Biological Screening of Herbal Drugs in detailed.
Biological Screening of Herbal Drugs in detailed.
 
Group Presentation 2 Economics.Ariana Buscigliopptx
Group Presentation 2 Economics.Ariana BuscigliopptxGroup Presentation 2 Economics.Ariana Buscigliopptx
Group Presentation 2 Economics.Ariana Buscigliopptx
 
MATATAG CURRICULUM: ASSESSING THE READINESS OF ELEM. PUBLIC SCHOOL TEACHERS I...
MATATAG CURRICULUM: ASSESSING THE READINESS OF ELEM. PUBLIC SCHOOL TEACHERS I...MATATAG CURRICULUM: ASSESSING THE READINESS OF ELEM. PUBLIC SCHOOL TEACHERS I...
MATATAG CURRICULUM: ASSESSING THE READINESS OF ELEM. PUBLIC SCHOOL TEACHERS I...
 
Azure Interview Questions and Answers PDF By ScholarHat
Azure Interview Questions and Answers PDF By ScholarHatAzure Interview Questions and Answers PDF By ScholarHat
Azure Interview Questions and Answers PDF By ScholarHat
 
Lapbook sobre os Regimes Totalitários.pdf
Lapbook sobre os Regimes Totalitários.pdfLapbook sobre os Regimes Totalitários.pdf
Lapbook sobre os Regimes Totalitários.pdf
 
Assignment_4_ArianaBusciglio Marvel(1).docx
Assignment_4_ArianaBusciglio Marvel(1).docxAssignment_4_ArianaBusciglio Marvel(1).docx
Assignment_4_ArianaBusciglio Marvel(1).docx
 
2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...
 
Introduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp NetworkIntroduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp Network
 
S1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptxS1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptx
 
Normal Labour/ Stages of Labour/ Mechanism of Labour
Normal Labour/ Stages of Labour/ Mechanism of LabourNormal Labour/ Stages of Labour/ Mechanism of Labour
Normal Labour/ Stages of Labour/ Mechanism of Labour
 
PIMS Job Advertisement 2024.pdf Islamabad
PIMS Job Advertisement 2024.pdf IslamabadPIMS Job Advertisement 2024.pdf Islamabad
PIMS Job Advertisement 2024.pdf Islamabad
 
TESDA TM1 REVIEWER FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
TESDA TM1 REVIEWER  FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...TESDA TM1 REVIEWER  FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
TESDA TM1 REVIEWER FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
 
The simplified electron and muon model, Oscillating Spacetime: The Foundation...
The simplified electron and muon model, Oscillating Spacetime: The Foundation...The simplified electron and muon model, Oscillating Spacetime: The Foundation...
The simplified electron and muon model, Oscillating Spacetime: The Foundation...
 

Branding in the digital age

  • 1. BRANDING IN THE DIGITAL AGE -YOU’RE SPENDING YOUR MONEY IN ALL THE WRONG PLACES -BY DAVID C . EDELMAN PRESENTED BY- GIRISH RAJU (B506) SOURABH DE (B525)
  • 2. ABOUT THE AUTHOR DAVID C. EDELMAN- He is the Global co-leader, Digital Marketing and Sales Practice, at McKinsey & Company.
  • 3. ABOUT THE ARTICLE  The impact of branding in the digital age.  How internet has been used as a tool to build relationship with brands.  How INTERNET influences (positively or negatively) a brand.  How traditional marketing strategies have continued to exhaust.  Consumer Decision Journey.
  • 4. INTRODUCTION  TRADITIONAL AGE: Relation ends with sale.  INTERNET AGE: Relation sustains, remains engage  TOUCH POINTS: Spending more time
  • 6. BLOCK THAT METAPHOR: David court 2009 carried on a study on how customer engage with brands- “The customer decision journey” (CDJ) Famous funnel metaphor to think about touch points- have used paid- media, push marketing.
  • 7. THE RESEARCH REVEALED Today’s consumers take a much more iterative and less reductive journey of four stages:  Consider  Evaluate  Buy  Enjoy, Advocate and Bond
  • 9. JOURNEY IN PRACTICE There are two implication of this: Instead of focusing on how to allocate spending across media, marketers should target stages in the decision journey. ADVERTISEMENT ADVOCACY The second implication is that marketers’ budgets are constructed to meet the needs of a strategy that is outdated. ONE WAY COMMUNICATION HUGE COST INVOLVED Instead of paid media marketers should concentrate on- Owned media Earned media
  • 11. LAUNCHING A PILOT  To shift to a CDJ-driven strategy has three parts:  understanding your consumers’ decision journey  Determining which touch points are priorities how to leverage them  Allocating resources accordingly
  • 12. To see how consumers navigate the decision journey the following were considered:  WHAT THEY DO  To answer this, multiple questions were framed like:  How would they describe the stages of their journey, online and off?  Which resources were most valuable to them, and which were disappointing?  How did brands enter and leave their decision sets, and what drove their purchases in the end?
  • 13. WHAT THEY SEE  This consisted of questions like:  How was its appearance in the search engines?  How visible were they on retail sites?  What do consumers review about the brand?  WHAT THEY SAY  The final focus was what people say online about the brand
  • 14. TAKING ACTION - Shift from paid media - Marketing inserted links from its own site to retail sites - Developed programs that included online community initiatives, contests, and e-mail promotions
  • 15.  A CUSTOMER EXPERIENCE PLAN -The details of a customer experience plan will vary according to the company’s products, target segments, campaign strategy, and media mix  NEW ROLES FOR MARKETING -Orchestrator - Publisher and “content supply chain” manager. - Marketplace intelligence leader.  STARTING THE JOURNEY
  • 16. HOW THE INTERNET IS USED  A large number of the internet population use the internet for just searching randomly.  The next large internet population is more involved in research  Online videos and music  Last but not the least- Social Networking.
  • 17.  Google conducted a research on the online and offline purchases:-  Research online and purchase offline (66%)  Research offline and purchase offline (13%)  Research online and purchase online (20%)  Research offline and purchase online (0%)
  • 18. 50 MILLION MARK  It took radio 38 years  It tool Television 13 years  It took Internet 7 years  It took Mobile just 3 years