Showing posts with label Marketing. Show all posts
Showing posts with label Marketing. Show all posts

Friday, May 28, 2010

Digital Media outlook report - 2009

An interesting presentation on Digital Media outlook for year 2009.Few reasons why Internet is still called 5% medium:
  • Almost 60% of advertising campaign's biggest objective is to create 'Brand Awareness' - I firmly believe Digital is not a medium to create awareness... it is medium to drive engagement / interactions.
  • Only 9% of advertisers wants to engage their audience - A reason for big No-No to Digital!
  • Perception of medium is another problem... None of the vertical has clear idea about the know-how of medium. A big opportunity evangelists - teach marketers what digital is!
  • Is mobile the next big thing? - answer is We don't know. I think industry is still waiting for a successful marketing campaign on mobile to be used as case study.
  • Measurement Metrices - is it really helping? or it exposes something more than what it should!
Webchutney Digital Media Outlook Report 2009

Tuesday, July 14, 2009

MeDigit News pack


MeDigit News round up:


Monday, June 01, 2009

Mobile Marketing - Putting Power in hands of consumer



With more then 410 Million mobile subscribers in the country, India is riding on the wave of telecom revolution. After television, mobile has become most promising and potential tool to reach roots of Indian market. Mobile screen has attracted attention of marketers and everybody is now targeting mobile screen as potential marketing vehicle. Potential is tremendous and opportunities are unlimited; what is required now is knowledge of medium and strategy for success.

Let us understand what mobile marketing exactly means and how this new medium is becoming so promising. If you ask me what mobile marketing is, I would say: ‘mobile marketing is utilizing wireless media to provide highly targeted and personalized product information to consumer on their mobile handset which results in generating value for both consumer and marketer’. I call it highly targeted and personalized medium because of the characteristics which mobile as a vehicle offers. Mobile is very important as a marketing tool because of its capability of generating value for both consumer and marketer. Let’s see how:

Personalization
Mobile provides potential for personalization, because it carries the user’s assigned identity. If marketers employ mobile devices for their advertising activities, they can use consumer feedback to customize their messages and offerings and collect information about consumers’ preferences to improve future products and services. This provides an exceptional advantage for marketers, since it enables them to reach their potential customers in a very individual way and thus increase the relationship with the user. Users are receptive to advertising that is personalized and relevant to their lifestyle.

Interactivity
Interactions between consumer and marketer are most important for any marketing communication exercise. Mobile as a medium provides cheap, handy and personal tool for feedback and interactions. Consumers are more receptive towards communication which values their opinion. Also, mobile advertising can react very fast to customers’ feedback just like internet advertising.

Mobile is not like TV, where you have basically fixed time slots, neither is it a print medium were there are limited space selling options. The breadth of data services is remarkable and growing almost daily. Here are the biggies, and a few options of how mobile advertising can be used:

SMS
Texting is by far the most popular non-voice usage of cell phones, and for this reason many companies have started their mobile efforts there. You can use SMS in a variety of ways. Customer relationship management, Promotional offers, interactive SMS are some of these. Apart from these, marketers also use SMS to increase customer involvement by contests, votes and polls.
The possibilities are tremendous but marketers have to be sensible about it. An SMS is very intrusive. If your messages are incessant, you’ll tick people off quickly.

Ringtones, Wallpaper, and other mobile games
Ringtones and Wallpapers are very efficient tools. These options are likely to interest most of consumers as they are actively seeking for such services. It gives a platform for brand experience for the product or services you are marketing.
Games can also be very profitable, though a key challenge here is developing a game that works on a broad swath of handsets. Mobile games appear to be an excellent tool for targeting youngsters.

Mobile Search
Mobile search works much the same way as web search, placing prominent paid search listings. Mobile search is an ideal option for retailers because targeted mobile search campaign will surely give more return on marketing investments as mobile searchers are more likely to be ready to buy than someone using a PC. They are out and ready to walk in your door.

Mobile Banners
Mobile banners are graphical ads, just like web banners. They are usually purchased by CPM or CPC. There are many mobile ad networks out there which provide effective targeting options. Targeting on mobile world includes: Contextual targeting, Demographic targeting, Behavioral targeting and Geographic targeting.
Another thing to think about when you consider banners is what action you are trying to drive. Actions that you can drive are more promising and effective than those on webs banner. Some of the key options are:

1. Click through to a mobile site
2. Click to call, i.e. when the user clicks on the banner, they automatically initiate a voice call from their device to the number. This will likely improve response rates versus communicating a telephone number that the user will have to enter into their phone
3. Email capture
4. Ability to send an SMS (text) message or (less common) an MMS graphical message

Measurement metrics are impressions delivered, click through rates (CTR), click to call rates, Email capture rates, and the like.

Full Screen Graphical Ads
With technological innovations, mobile now offers options for lots of add on games and applications. Sponsoring such applications and games can become another option for your brand.
Sponsored game or application will entitle you a full screen graphical presence on pre- or post-application usage. These within applications can drive users to other sponsored pages in the application, click to email capture, click to call, or click to send MMS or SMS.
Because phone sets have different screen sizes, such full page sponsorships will likely require you to make more than one creative size for your message.

Own Applications
With iPhone opening doors for application developers and Nokia jointly with Symbian working on doing the same in near future; days are not far when marketers will have easy access to application developers. A variety of developers will help you create an application specifically for your brand. Consumer receptivity to such an app will depend upon its utility.
One of the key marketing strengths of building an app is the opportunity to create a persistent consumer relationship versus fielding impressions. User can use a good app on his phone again and again and which will offer hundreds – even thousands of brand interactions which marketers can leverage to build your consumer connection.

Mobile Widgets
Widgets have grown tremendously in popularity, and a subgroup of mobile widgets is growing strongly as well. While widgets are applications, they deserve a separate discussion because they tend to be easier to develop and because new standards are making it still easier to create compelling mobile widget experiences. Some of widgets offered by service providers are:

1. Local Search
2. Email
3. Photos
4. News
5. Sports
6. Finance
7. Entertainment
8. Weather
9. Cell Phone Coupon

A detailed discussion on mobile widgets on some other day….

Tuesday, March 03, 2009

Flock ditches Firefox, moves to Chrome

Flock, a social focused web browser is one of most popular social web browser in open source firefox browser. As per news coming from TechCrunch, next flock will be built on Google's Chrome platform. Flock has achieved 6 Million number of downloads and USD 30 Mn funding within 3 years of operations. Popularity of Flock as a browser is very low and it doesn't have significant market share; even lesser than netscape.

The reasons speculated for this migration are: lesser attention by Mozilla to develop this browser any further and ease of operations with Google. However, recent comments from Flock CEO Shawn Hardin reads like this on Tech Crunch:

I was responding to your email from only a few hours ago when I saw your article. It’s important to clarify a couple of things. We haven’t ceased development efforts on the Mozilla platform. Our upcoming release of Flock 2.1 is built on the Mozilla platform. Having said that, the browser space is heating up, and we’ve seen a variety of exciting technologies emerge over the last several months that are appealing.

We always have and will continue to make architectural decisions that balance what’s best for our users and what’s best for Flock as a business. This has resulted in a healthy, growing user base and business for Flock, and we expect this to continue in 2009. In fact, with over seven million downloads almost entirely from word of mouth, Flock enjoys a highly satisfied user base with consistently over 92% customer satisfaction, very strong net promoter scores, and an average of four hours of usage per day.

With a continuing focus on user-centered browser innovation, our team is in active research and development on a range of exciting new enhancements to Flock. It is still far too early to comment on anything specific, but we are very excited about this design phase…

Thursday, February 26, 2009

Good news for indian music Bands

MyBand.co.in, website operated by nediaplus offers online community exclusively for Indian Music Bands. You can upload, share and sell music. You can announce events, interact with people and promote your band here! So, dear music lovers what are you waiting for??

This is second phase of social networking. What happens when one market saturates? Marketers tend to find a niche and design product around specific attributes. This is exactly what MyBand.co.in offers.

Wednesday, February 11, 2009

MeDigit News

Another Google application to make your life better. Google Power Meter - designed to measure your home power consumption. Application is still in test mode and will soon be launched [http://cli.gs/z2gNZ9]

Social networks join pact against cyberbullying. This pact is expected to improve safeguards against abuse of any social network online. [http://www.msnbc.msn.com/id/29120870/]

Twitter - finally a new development on revenue generation front! I had posted before that something is wrong with twitter's revenue model... well, twitter is coming up with paid services for corporate. New features will be specially designed for businesses and will be charged!! [http://cli.gs/zLqW3m]

Find out what Microsoft still don't understand! [http://blogs.zdnet.com/open-source/?p=3461]

Get ready for lower priced iPhone. $99 iPhone is scheduled to rock the market!! [http://www.businessinsider.com/2009/2/99-iphone-coming-this-summer]

Microsoft has picked up minority stake in mobile marketing firm Affle! Giant like microsoft taking interest in mobile marketing is surely a signal of mobile marketing becoming next big thing. [http://cli.gs/7VBBrj]

India on the way of Rural Revolution! State owned BSNL has started rolling out low cost Broadband connectivity for rural areas. The DoT has signed an agreement with BSNL to provide 8,61,459 connections to individual users and government institutions through rural and remote exchanges over a period of five years, i.e, by 2014. A good sign for Internet marketing industry! [http://cli.gs/2YdUbH]

LG mobile's marketing strategy... check out what's new. No one knows whether it will succeed or not. Worth reading I must say... [http://digital.afaqs.com/perl/digital/news/index.html?sid=23295]

Tuesday, January 27, 2009

MeDigit News this week

Tuesday, December 30, 2008

Mar.Com - website for Marketing communication professionals



Just came across a website called Mar.com; Reviews suggest that it's not a well maintained site! I haven't gone deeper in to it but thought to share it with you.....
Blogged with the Flock Browser

Friday, December 05, 2008

Apple Vs Microsoft: New lessons of Branding

It's not just about hardware. Apple is leveraging on Mac OS to compete with rival Microsoft. Few lessons on marketing and branding can also be learned by going through this case. Negative branding is used to take advantage and create superior brand for Apple. It is also important to learn how these kind of campaigns can be tackled up. Just check out what Microsoft did!! Taking advantage of negative brand image created by Apple. I don't know how much it helped Microsoft to leverage brand, but strategy is quite impressive. Surely, in near future this war would be one to watch out for. Go through this article to find out more.

Article: Merketing and Branding lesson: Negative advertising being used by Apple.


Here are some pics:
Apple Vs PCApple Vs PC
Blogged with the Flock Browser