Brand measurement out of step with age of empowered consumers.
The
way that most brands measure their investment returns from marketing and
advertising is still largely based on traditional media thinking, and it is
falling out of step with the demands of a new era of digital media and
empowered customers.
Tried
and tested measures of sales conversions and brand awareness are not always
aligned with the new needs of a world where consumers are informed, tech-savvy,
and have high expectations for personalised engagement from brands.
Through
their use of social media and their interactions, consumers have learnt that
they have a voice and that they are entitled to more personalised brand
experiences. Old measures of marketing success such as frequency, reach, and
brand awareness don’t tell us enough about how well we’re doing in building
customer relationships.
Driven
by emotions
Today’s
consumer cares as much about the customer experience as he or she cares about
brand, price and quality. Customer experience encompasses not only the value
and worth of the product or service, but also how the consumer feels overall
about his or her interactions with the brand.
We’re
looking at something quite subjective here – how we appeal to the consumer’s
emotions. The question for every marketer today is how do we address the
consumer’s needs, wants, and feelings so that we can drive profitable
engagement with the brand.
When
looking at advertising, marketers today have the benefit of a wealth of
demographic and behavioural data from digital channels to help them create
emotionally engaging experiences. The data can tell marketers who consumers
are, what they’re doing, and what they are looking for.
The role
of creativity
It
is then up to the creative team to use this data to create messages and
campaigns that will resonate with consumers. Armed with the right information,
marketers now also have the ability to engage with customers with refined and
more personalised messaging across targeted channels.
Data
from digital channels such as social media, mobile and display are especially
powerful when it is combined with the reach of conventional mass media. Many
people still have a close relationship with regional radio, for example, and it
remains a deeply engaging channel.
By
supporting radio with digital channels, brands can extend the consumer
experience, build further engagement and get more insight into the success of
their customer engagement strategies. Real-world activations are another way to
build engagement.
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