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“With new
technologies, such as: voice, artificial intelligence (AI), machine
learning, virtual reality, augmented reality, natural language
processing and facial recognition becoming mainstream, it can feel as
if marketers are always chasing their tails” [1]. So what do you
think this year holds for digital marketers? - To try to help you
deliberate your answer, in this article we put the spotlight on what
experts from the industry think will happen in three different areas.
Number
1: Data Privacy Will Become More Concrete
“Even
if data is used for consumer benefit, a privacy breach will see
consumers move elsewhere”
Thanks to Mark
Zuckerberg & Co., there is little doubt that people have become
very savvy when it comes to platforms misappropriating their personal
data. The 2018 crackdown brought with it the EU's GDPR, and since
then, other acts concerning data privacy are being overhauled and
enforced all across the globe, and this trend is likely to continue.
To that end, companies have to be mindful of the fact that disaster
is just one data breach away, and in today's heavily consumer-driven
environment, no company - regardless of how big they are, can afford
such a calamity. - Remember how FB's
shares plummeted like a giant asteroid falling to earth?
Mark Henning, the
executive director of Kantar media, predicts that: "Marketers
will need to get intimate with trusted data by using their own or key
trusted partners and focus on measuring its effectiveness to ensure
it delivers on the targeting promise and impact" [1]. Further,
leading digital strategist, and founder and CEO of the rapidly
growing OTT platform, OONA Global Mobile TV, noted that: “Today,
consumers are aware of the severity of the potential misuse of their
data, and this is unlikely to change. That is why, right from the
get-go, OONA's strategy has always been to run a fully transparent
platform; to respect and protect users' data; and to process
anonymous stats.”
Number
2: The New Currency is Consumer Capital
“
Industry pundits expect to see the consumer working for brands as
well” [1]
Clearly, consumers
should be central to business decisions, and to that end, brands work
for their customers. For Katherine Calvert, the chief marketing
officer of Spredfast and Lithium, this: “will be the year brands
leverage their social capital with consumers to help drive sales,
answer questions, and act on the brand’s behalf in times of crisis”
[1]. This is without doubt a winning strategy, as social media
becomes ever more powerful and a major part of our lives, not to
mention the research studies which show that consumers are heavily
influenced by social recommendations.
“Communities
are the driving force that builds brands into cultural icons” [1]
Calvert also puts
forward the perspective that brands can realise the measure of their
social networks via digital social capital. – And makes the analogy
that in the same way as higher levels of economic capital can
generate greater opportunities, when it comes to a brand's audience,
more social capital can deliver a more substantial outcome. If we
consider consumers' comments and feelings of loyalty towards certain
brands: it is evident that community members are more likely to act
on the brand’s behalf when it has more social capital [1].
“By building and
promoting places for superfans to create content, share stories, and
shout brand love, companies will secure brand loyalty from the ground
floor” [1]. OONA Mobile TV is an excellent case in point when it
comes to achieving exceptional brand loyalty . - Its first foray has
been into the Indonesian market, where it has enjoyed phenomenal
success, and is set up to provide 185 million Indonesians with free
ad-based live and video on-demand entertainment from leading
international/national and locals channels. The OONA platform
empowers users with a very strong interactive experience.
Users can freely
interact with millions of other viewers, and friends and family, via
OONA's fun vibrant chat rooms, as well as on Instagram and FB etc.,
to shout out about what they enjoy about the OONA entertainment
experience. This could be:
- Expressing their love for certain channels which feature the latest series, great films, live sports, action, motoring, combat, celebrity gossip, Fashion TV, cookery specials, comedy, cartoons, anime, documentaries, educational programs, news, and more.
- The virtual currency rewards (tcoins) users receive just for watching the personalised entertainment they adore, in addition to select personalised ads supplied by the cool AI OONAbot that can save them time and money.
- The fabulous branded products and services, generous discounts, free meals, fun days out, and free telephone minutes and telcom services that they can redeem their tcoins for.
- Talking about ads for must-have branded goods and services that they have expressed interest in on their one to one conversations with OONAbot. - The products they can't wait to get because they have found a great deal through OONA.
Dean Capobianco, the MD
of Asia Pacific emerging markets at LiveRamp, believes that: “the
marketing ecosystem will go from data-driven marketing to more
people-based marketing, and put customers at the centre of marketing”
[1]. To that end, marketing and customer care will ultimately merge,
and 'social customer service' such as that employed by OONA TV (which
uses insights gleaned from its AI personal assistant's regular
customer care interactions, in order to personalise the way in which
it targets its marketing towards them), will be the way forward.
Number 3: Programmatic
Marketing Still Takes the Number One Spot
It is predicted that by
2020, the spend on global programmatic will exceed $43 billion, and
the next growth phase will occur this year. OONA TV, has certainly
achieved excellent results from embracing this form of marketing,
which is part of its strategy for the inroads it is making into Asia,
Africa, the Middle East, South America, the US and Europe, where it
will offer its free AVOD live and video on-demand model, along with
premium options. But what will happen when programmatic matures?
Thanks for sharing your insights!
ReplyDeleteThis was very illuminating
Internet Marketing Company