A Generation of Hyper-Connected
Consumers & Advertisers
The internet of things:
By: Peggy Men
Photo source: Unsplash, Anthony Indraus
“We get what we want, when we want it.”
Digital has created a demand for connection and instant
gratification. People can use Siri to call an Uber or quickly
transfer money with Tilt. With the rise of the Internet of
Things, humans will be more connected than ever before. (1)
Photo source: Unsplash, Corrine Kutz
The world of IOT ( Internet of Things )
“Anything that can be connected
be connected.”
WILL
(2)
Photo source: Unsplash, Florian Pircher
IoT is the concept of embedding connectivity
(through the Internet) and intelligence into any
device, forming a network of connected “things.”
What is iot?
(2)
Photo source: Unsplash, Silvio Kundt
IoT creates relationships between:
People-people THINGS-THINGS People-things (2)
Photo source: Unsplash, William Iven
“Merchants are expected to spend
on IoT technologies by 2020.”
$2.5 billion
(1)
Photo source: Unsplash, Ellie Pritts
IoT devices connected to the Internet will more than triple from
2016 2020
10B 34B
(3)
Photo source: Unsplash, Mitchell Holland
IoT elevates the 3 elements of a brand’s
successful owned media strategy:
Content COMMUNITY CONTEXT
(4)
Photo source: Unsplash, Helloquence
Content – amazon’s personalized experiences
Amazon Dash buttons use IoT to allow consumers
to reorder products with the push of a button. For
example, a family can place a Dash button for
Tide detergent on their washing machine. (1), (4)
Photo source: Unsplash, Samuel Zeller
Community – Sephora's beauty community
Sephora used IoT to create an interactive,
shoppable beauty board that shows user-generated
content on a digital screen. Consumers can scroll
through pictures of people wearing Sephora
products and buy the looks they like using click
through purchasing. (1), (4), (11)
Photo source: Unsplash, Alysa Bajenar
Context – BASF's Consumer wine service
A wine store in Germany let people enter their taste
preferences into tablets. Using IoT, wine bottles that
match their preferences light up on a digital shelf. (1), (4)
Photo source: Unsplash, chuttersnap
“Digital advertising is able
to lift both e-commerce
and in-store sales. As the
digital world evolves, the
consumer’s path-to-
purchase has become
anything but
straightforward.” (5)
Photo source: Unsplash, Sergey Zolkin
Advertising on smart fridges?
IoT is beginning to become a platform for
advertising. The connectivity of IoT allows
advertising to be more emotional and
immersive. (6)
Photo source: Unsplash, Naomi Hebert
In a study,
of respondents who own IoT devices
said they’re willing to see ads.
65%
(7)
Photo source: Unsplash, Mitchell Holland
Consumers were more
willing to see an ad on an
IoT device if the ad offered:
A Coupon
Extra features
Exclusive games (7)
Photo source: Unsplash, Jaelynn Castillo
Relationships between brands and
consumers must be mutually
beneficial, not an invasion of privacy. (8)
Photo source: Unsplash, Adrian Sava
However, can being too
connected be a bad thing?
Digitally connected devices to
every aspect of our lives means
more possibilities for hackers to
target us. The invasion of privacy
from personal data tracking is a
concern, especially with health data
in the fitness and wearables market.
(9), (10)
Photo source: picjumbo, Viktor Hanacek
What does the future hold for IoT and advertising?
Photo source: Unsplash, Aidan Brown
Advertisers can interact with consumers in
real time to provide relevant products and
services through their IoT devices. For
example, advertisers can send a coupon for
fresh fruit to a fitness junkie’s Fitbit right after
she finishes her workout.
1) Connecting to the consumer in real time
(12)
Photo source: picjumbo, Viktor Hanacek
As homes are becoming more connected
through IoT devices, advertisers can target
consumers directly at home through their
consumption habits and in-home behaviors.
2) New forms of targeting
(13)
Photo source: Unsplash, Breather
“With the IoT revolution in full swing, we may finally be able to
truly connect all the pieces and provide a nearly complete picture
of consumers and the mindset they are in, at any given time.” (13)
Photo source: picjumbo, Viktor Hanacek
Let’s keep connecting.
IoT fuels a smarter way to stay connected
for both consumers and advertisers.
Photo source: Unsplash, Alvaro Serrano
SOURCES
1. Thau, B. (2016). Retailers are spending billions on the ‘Internet of Things,’ but will it pay off? Forbes. Retrieved from
https://www.forbes.com/sites/barbarathau/2016/11/18/retailers-are-spending-billions-on-the-internet-of-things-but-
will-it-pay-off/#7cf42cf94602
2. Morgan, J. (2015). A simple explanation of ‘The Internet of Things.’ Forbes. Retrieved from
https://www.forbes.com/sites/jacobmorgan/2014/05/13/simple-explanation-internet-things-that-anyone-can-
understand/#1bc82cd91d09
3. Meola, A. (2016). What is the Internet of Things (IoT)? Business Insider. Retrieved from
http://www.businessinsider.com/what-is-the-internet-of-things-definition-2016-8
4. Bonchek, M. (2014). Making sense of owned media. Harvard Business Review. Retrieved from
http://web.a.ebscohost.com/ehost/pdfviewer/pdfviewer?sid=99d2c233-7d49-4187-b55c-
91966b97380f%40sessionmgr4007&vid=1&hid=4106
5. Fulgoni, G. (2014). “Omni-Channel” retail insights and the consumer’s path-to-purchase. Journal of Advertising
Research. Retrieved from https://ereserves.library.queensu.ca/ares/ares.dll?Action=10&Type=10&Value=54136
6. Marshall, J. & Vranica, S. Business news: In Cannes, advertisers try on digital. Wall Street Journal. Retrieved from
http://search.proquest.com/docview/1691392886?pq-origsite=summon
7. Ha, A. (2016). IAB study says majority of IoT owners are okay with ads on their devices. Tech Crunch. Retrieved from
https://techcrunch.com/2016/12/15/iab-iot-study/
8. Matrix, Sidneyeve. (2017). Module 2, Lecture 1: Advertising strategies.
9. Dickson, B. (2015). Why IoT security is so critical. Tech Crunch. Retrieved from
https://techcrunch.com/2015/10/24/why-iot-security-is-so-critical/
10. Kaye, K. (2016). As IoT ads become reality, privacy and security concerns follow. Advertising Age. Retrieved from
http://adage.com/article/privacy-and-regulation/iot-ads-reality-privacy-concerns-follow/307200/
11. Matrix, Sidneyeve. (2017). Module 1, Lecture 1: Media Convergence.
12. Clark, J. (2016). How the IoT could make marketing more personal. IBM. Retrieved from
https://www.ibm.com/blogs/internet-of-things/iot-personalised-marketing/
13. Katayev, V. (2015). The future of ad targeting in an IoT world. Forbes. Retrieved from
https://www.forbes.com/sites/onmarketing/2015/11/23/the-future-of-ad-targeting-in-an-iot-world/#47edbb5e2e7a
Photo source: Unsplash, Marius Masalar

The Internet of Things: A Generation of Hyper-Connected Consumers and Advertisers

  • 1.
    A Generation ofHyper-Connected Consumers & Advertisers The internet of things: By: Peggy Men Photo source: Unsplash, Anthony Indraus
  • 2.
    “We get whatwe want, when we want it.” Digital has created a demand for connection and instant gratification. People can use Siri to call an Uber or quickly transfer money with Tilt. With the rise of the Internet of Things, humans will be more connected than ever before. (1) Photo source: Unsplash, Corrine Kutz
  • 3.
    The world ofIOT ( Internet of Things ) “Anything that can be connected be connected.” WILL (2) Photo source: Unsplash, Florian Pircher
  • 4.
    IoT is theconcept of embedding connectivity (through the Internet) and intelligence into any device, forming a network of connected “things.” What is iot? (2) Photo source: Unsplash, Silvio Kundt
  • 5.
    IoT creates relationshipsbetween: People-people THINGS-THINGS People-things (2) Photo source: Unsplash, William Iven
  • 6.
    “Merchants are expectedto spend on IoT technologies by 2020.” $2.5 billion (1) Photo source: Unsplash, Ellie Pritts
  • 7.
    IoT devices connectedto the Internet will more than triple from 2016 2020 10B 34B (3) Photo source: Unsplash, Mitchell Holland
  • 8.
    IoT elevates the3 elements of a brand’s successful owned media strategy: Content COMMUNITY CONTEXT (4) Photo source: Unsplash, Helloquence
  • 9.
    Content – amazon’spersonalized experiences Amazon Dash buttons use IoT to allow consumers to reorder products with the push of a button. For example, a family can place a Dash button for Tide detergent on their washing machine. (1), (4) Photo source: Unsplash, Samuel Zeller
  • 10.
    Community – Sephora'sbeauty community Sephora used IoT to create an interactive, shoppable beauty board that shows user-generated content on a digital screen. Consumers can scroll through pictures of people wearing Sephora products and buy the looks they like using click through purchasing. (1), (4), (11) Photo source: Unsplash, Alysa Bajenar
  • 11.
    Context – BASF'sConsumer wine service A wine store in Germany let people enter their taste preferences into tablets. Using IoT, wine bottles that match their preferences light up on a digital shelf. (1), (4) Photo source: Unsplash, chuttersnap
  • 12.
    “Digital advertising isable to lift both e-commerce and in-store sales. As the digital world evolves, the consumer’s path-to- purchase has become anything but straightforward.” (5) Photo source: Unsplash, Sergey Zolkin
  • 13.
    Advertising on smartfridges? IoT is beginning to become a platform for advertising. The connectivity of IoT allows advertising to be more emotional and immersive. (6) Photo source: Unsplash, Naomi Hebert
  • 14.
    In a study, ofrespondents who own IoT devices said they’re willing to see ads. 65% (7) Photo source: Unsplash, Mitchell Holland
  • 15.
    Consumers were more willingto see an ad on an IoT device if the ad offered: A Coupon Extra features Exclusive games (7) Photo source: Unsplash, Jaelynn Castillo
  • 16.
    Relationships between brandsand consumers must be mutually beneficial, not an invasion of privacy. (8) Photo source: Unsplash, Adrian Sava
  • 17.
    However, can beingtoo connected be a bad thing? Digitally connected devices to every aspect of our lives means more possibilities for hackers to target us. The invasion of privacy from personal data tracking is a concern, especially with health data in the fitness and wearables market. (9), (10) Photo source: picjumbo, Viktor Hanacek
  • 18.
    What does thefuture hold for IoT and advertising? Photo source: Unsplash, Aidan Brown
  • 19.
    Advertisers can interactwith consumers in real time to provide relevant products and services through their IoT devices. For example, advertisers can send a coupon for fresh fruit to a fitness junkie’s Fitbit right after she finishes her workout. 1) Connecting to the consumer in real time (12) Photo source: picjumbo, Viktor Hanacek
  • 20.
    As homes arebecoming more connected through IoT devices, advertisers can target consumers directly at home through their consumption habits and in-home behaviors. 2) New forms of targeting (13) Photo source: Unsplash, Breather
  • 21.
    “With the IoTrevolution in full swing, we may finally be able to truly connect all the pieces and provide a nearly complete picture of consumers and the mindset they are in, at any given time.” (13) Photo source: picjumbo, Viktor Hanacek
  • 22.
    Let’s keep connecting. IoTfuels a smarter way to stay connected for both consumers and advertisers. Photo source: Unsplash, Alvaro Serrano
  • 23.
    SOURCES 1. Thau, B.(2016). Retailers are spending billions on the ‘Internet of Things,’ but will it pay off? Forbes. Retrieved from https://www.forbes.com/sites/barbarathau/2016/11/18/retailers-are-spending-billions-on-the-internet-of-things-but- will-it-pay-off/#7cf42cf94602 2. Morgan, J. (2015). A simple explanation of ‘The Internet of Things.’ Forbes. Retrieved from https://www.forbes.com/sites/jacobmorgan/2014/05/13/simple-explanation-internet-things-that-anyone-can- understand/#1bc82cd91d09 3. Meola, A. (2016). What is the Internet of Things (IoT)? Business Insider. Retrieved from http://www.businessinsider.com/what-is-the-internet-of-things-definition-2016-8 4. Bonchek, M. (2014). Making sense of owned media. Harvard Business Review. Retrieved from http://web.a.ebscohost.com/ehost/pdfviewer/pdfviewer?sid=99d2c233-7d49-4187-b55c- 91966b97380f%40sessionmgr4007&vid=1&hid=4106 5. Fulgoni, G. (2014). “Omni-Channel” retail insights and the consumer’s path-to-purchase. Journal of Advertising Research. Retrieved from https://ereserves.library.queensu.ca/ares/ares.dll?Action=10&Type=10&Value=54136 6. Marshall, J. & Vranica, S. Business news: In Cannes, advertisers try on digital. Wall Street Journal. Retrieved from http://search.proquest.com/docview/1691392886?pq-origsite=summon 7. Ha, A. (2016). IAB study says majority of IoT owners are okay with ads on their devices. Tech Crunch. Retrieved from https://techcrunch.com/2016/12/15/iab-iot-study/ 8. Matrix, Sidneyeve. (2017). Module 2, Lecture 1: Advertising strategies. 9. Dickson, B. (2015). Why IoT security is so critical. Tech Crunch. Retrieved from https://techcrunch.com/2015/10/24/why-iot-security-is-so-critical/ 10. Kaye, K. (2016). As IoT ads become reality, privacy and security concerns follow. Advertising Age. Retrieved from http://adage.com/article/privacy-and-regulation/iot-ads-reality-privacy-concerns-follow/307200/ 11. Matrix, Sidneyeve. (2017). Module 1, Lecture 1: Media Convergence. 12. Clark, J. (2016). How the IoT could make marketing more personal. IBM. Retrieved from https://www.ibm.com/blogs/internet-of-things/iot-personalised-marketing/ 13. Katayev, V. (2015). The future of ad targeting in an IoT world. Forbes. Retrieved from https://www.forbes.com/sites/onmarketing/2015/11/23/the-future-of-ad-targeting-in-an-iot-world/#47edbb5e2e7a Photo source: Unsplash, Marius Masalar