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NEXGENCONSULTING Smart, realistic and strategic marketing solutions to enhance your brand value use  your “market” sense
About Us Our competencies Our services What people think about Marketers The need of the hour Statistics A few ways to sustain a brand Marketing Myths Traditional vs New Age Marketing Why NexGen? What we aim to do
About Us We are a branding and strategic marketing solutions company  specialized in helping businesses achieve their marketing and business development goals. We do this keeping in mind current market trends, scenarios  and existing resources to create integrated marketing plans that enhance brand value, increase market share and ultimately increase bottom-line profitability.
About Us Our competencies Our services What people think about Marketers The need of the hour Statistics A few ways to sustain a brand Marketing Myths Traditional vs New Age Marketing Why NexGen? What we aim to do
Our Competencies Strategic imagination Process focus Design excellence Logic Integration capability Empathy & insight Mindfulness & curiosity Tenacity Organization Passion
About Us Our competencies Our services What people think about Marketers The need of the hour Statistics A few ways to sustain a brand Marketing Myths Traditional vs New Age Marketing Why NexGen? What we aim to do
Brand Management Brand evaluation  Auditing & market research Brand strategy & positioning Brand creation, revitalization & enforcement Corporate identity Brand alignment Marketing/media kits Film & animation
Online Marketing Digital marketing strategy Website design including structure, content  etc. Search Engine Optimization Social media & online customer engagement Online PR & reputation management Email marketing Affiliate marketing Creative development for digital media
Outsourced Marketing Experienced consultancy  Business plans Marketing plans Case studies Feasibility studies Integrated media plans PR campaigns Corporate communications
Marketing Support Advertising services Brochures (content & design) Interior & exterior signage Tender & proposal management Training & development Interior design & decoration Product/merchandising displays Sales development & support Event management
About Us Our competencies Our services What people think about Marketers The need of the hour Statistics A few ways to sustain a brand Marketing Myths Traditional vs New Age Marketing Why NexGen? What we aim to do
What people think of marketers Marketers are faddish, irresponsible, …  don’t think like business people …  more akin to a child … McKinsey & Company, CEO/CMO Survey, 2005
What people think of marketers The average tenure of CMOs in consumer markets is 23, 15 or 12 months.
What people think of marketers Too many marketers have become so specialized that they don’t think in terms of the company’s big picture. Philip Kotler
What people think of marketers Withhold research  Take credit for other’s work Lack structure  Are cocky & arrogant Are always in meetings  Work from 10 to 4  Have long lunches  Unaccountable, untouchable Seek quick promotions Care about cars & status Use jargon Cranfield University
About Us Our competencies Our services What people think about Marketers The need of the hour Statistics A few ways to sustain a brand Marketing Myths Traditional vs New Age Marketing Why NexGen? What we aim to do
The need: Perception vs reality Perception 80% of CEOs believe that their brand provides a superior customer experience Reality 12% of their customers agree BAIN & COMPANY
The need: It’s all about the money Marketers say: Our advertising creates the branding & strong creative to ensure we are different in our market The CEO/CFO wants to hear: Our analysis shows that our million  dollar advertising campaign generated 1xxx in revenue We can continue to generate ROI up to an additional xx percentage at which point we will need to reduce advertising/media spend.
The need ,[object Object]
Marketing companies need to find strategic solutions to brand development
Brands need to adopt a more synergized approach
Marketing companies need to add value to the bottom line
Solutions need to be scalable yet long term
Marketing plans need to be integrated and not stand-alone
Companies need to focus on building communities for better communication
Companies need cost effective solutions to their marketing needs,[object Object]
Some interesting statistics 18%: Proportion of TV advertising that generates positive ROI 85%: Percentage of people that tend to skip TV advertising 40%: People prone to banner blindness on the internet 56% Proportion of people who try to avoid buying products that are advertised too much 65%: Proportion of people that feel bombarded by too much advertising 68%: Proportion of people interested in technology that skips/blocks advertising 55% : Proportion of people that do not believe in advertising messages
About Us Our competencies Our services What people think about Marketers The need of the hour Statistics A few ways to sustain a brand Marketing Myths Traditional vs New Age Marketing Why NexGen? What we aim to do
Brands need to tell their story In a world with millions of channels of communication, brands whose customers tell stories of the brand almost always end up being winners in the market-place. Relate to the customer, touch their emotions and win their praise
Command respect Don Corleone commanded respect even among his fiercest rivals! Most leading brands of today are swiftly losing respect among their customers. This could be due to a variety of reasons ranging from false advertising, bad quality products/services, bad after sales or even bad customer services from employees representing the brand
Don’t treat customers like children One message does not fit all. Learn to classify your market and communicate accordingly.
Don’t make false claims in your  marketing communications
Communicate with not only your customers but your employees In most companies, only 5% of the workforce understands the company’s strategy completely Source: Norton, D. Aligning your Strategy to the Customer Value Proposition, 13/9/2005
Invest in a good CRM or a database tool that can record your customers likes, dislikes, history & other details Data mining is a key aspect of today’s business. The more you know about your customers, the better you can serve them and enhance their customer xperience
About Us Our competencies Our services What people think about Marketers The need of the hour Statistics A few ways to sustain a brand Marketing Myths Traditional vs New Age Marketing Why NexGen? What we aim to do
Marketing Myths ,[object Object]
You need huge budgets to create a good marketing plan

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Nex Gen Presentation V02 Light

  • 1. NEXGENCONSULTING Smart, realistic and strategic marketing solutions to enhance your brand value use your “market” sense
  • 2. About Us Our competencies Our services What people think about Marketers The need of the hour Statistics A few ways to sustain a brand Marketing Myths Traditional vs New Age Marketing Why NexGen? What we aim to do
  • 3. About Us We are a branding and strategic marketing solutions company specialized in helping businesses achieve their marketing and business development goals. We do this keeping in mind current market trends, scenarios and existing resources to create integrated marketing plans that enhance brand value, increase market share and ultimately increase bottom-line profitability.
  • 4. About Us Our competencies Our services What people think about Marketers The need of the hour Statistics A few ways to sustain a brand Marketing Myths Traditional vs New Age Marketing Why NexGen? What we aim to do
  • 5. Our Competencies Strategic imagination Process focus Design excellence Logic Integration capability Empathy & insight Mindfulness & curiosity Tenacity Organization Passion
  • 6. About Us Our competencies Our services What people think about Marketers The need of the hour Statistics A few ways to sustain a brand Marketing Myths Traditional vs New Age Marketing Why NexGen? What we aim to do
  • 7. Brand Management Brand evaluation Auditing & market research Brand strategy & positioning Brand creation, revitalization & enforcement Corporate identity Brand alignment Marketing/media kits Film & animation
  • 8. Online Marketing Digital marketing strategy Website design including structure, content etc. Search Engine Optimization Social media & online customer engagement Online PR & reputation management Email marketing Affiliate marketing Creative development for digital media
  • 9. Outsourced Marketing Experienced consultancy Business plans Marketing plans Case studies Feasibility studies Integrated media plans PR campaigns Corporate communications
  • 10. Marketing Support Advertising services Brochures (content & design) Interior & exterior signage Tender & proposal management Training & development Interior design & decoration Product/merchandising displays Sales development & support Event management
  • 11. About Us Our competencies Our services What people think about Marketers The need of the hour Statistics A few ways to sustain a brand Marketing Myths Traditional vs New Age Marketing Why NexGen? What we aim to do
  • 12. What people think of marketers Marketers are faddish, irresponsible, … don’t think like business people … more akin to a child … McKinsey & Company, CEO/CMO Survey, 2005
  • 13. What people think of marketers The average tenure of CMOs in consumer markets is 23, 15 or 12 months.
  • 14. What people think of marketers Too many marketers have become so specialized that they don’t think in terms of the company’s big picture. Philip Kotler
  • 15. What people think of marketers Withhold research Take credit for other’s work Lack structure Are cocky & arrogant Are always in meetings Work from 10 to 4 Have long lunches Unaccountable, untouchable Seek quick promotions Care about cars & status Use jargon Cranfield University
  • 16. About Us Our competencies Our services What people think about Marketers The need of the hour Statistics A few ways to sustain a brand Marketing Myths Traditional vs New Age Marketing Why NexGen? What we aim to do
  • 17. The need: Perception vs reality Perception 80% of CEOs believe that their brand provides a superior customer experience Reality 12% of their customers agree BAIN & COMPANY
  • 18. The need: It’s all about the money Marketers say: Our advertising creates the branding & strong creative to ensure we are different in our market The CEO/CFO wants to hear: Our analysis shows that our million dollar advertising campaign generated 1xxx in revenue We can continue to generate ROI up to an additional xx percentage at which point we will need to reduce advertising/media spend.
  • 19.
  • 20. Marketing companies need to find strategic solutions to brand development
  • 21. Brands need to adopt a more synergized approach
  • 22. Marketing companies need to add value to the bottom line
  • 23. Solutions need to be scalable yet long term
  • 24. Marketing plans need to be integrated and not stand-alone
  • 25. Companies need to focus on building communities for better communication
  • 26.
  • 27. Some interesting statistics 18%: Proportion of TV advertising that generates positive ROI 85%: Percentage of people that tend to skip TV advertising 40%: People prone to banner blindness on the internet 56% Proportion of people who try to avoid buying products that are advertised too much 65%: Proportion of people that feel bombarded by too much advertising 68%: Proportion of people interested in technology that skips/blocks advertising 55% : Proportion of people that do not believe in advertising messages
  • 28. About Us Our competencies Our services What people think about Marketers The need of the hour Statistics A few ways to sustain a brand Marketing Myths Traditional vs New Age Marketing Why NexGen? What we aim to do
  • 29. Brands need to tell their story In a world with millions of channels of communication, brands whose customers tell stories of the brand almost always end up being winners in the market-place. Relate to the customer, touch their emotions and win their praise
  • 30. Command respect Don Corleone commanded respect even among his fiercest rivals! Most leading brands of today are swiftly losing respect among their customers. This could be due to a variety of reasons ranging from false advertising, bad quality products/services, bad after sales or even bad customer services from employees representing the brand
  • 31. Don’t treat customers like children One message does not fit all. Learn to classify your market and communicate accordingly.
  • 32. Don’t make false claims in your marketing communications
  • 33. Communicate with not only your customers but your employees In most companies, only 5% of the workforce understands the company’s strategy completely Source: Norton, D. Aligning your Strategy to the Customer Value Proposition, 13/9/2005
  • 34. Invest in a good CRM or a database tool that can record your customers likes, dislikes, history & other details Data mining is a key aspect of today’s business. The more you know about your customers, the better you can serve them and enhance their customer xperience
  • 35. About Us Our competencies Our services What people think about Marketers The need of the hour Statistics A few ways to sustain a brand Marketing Myths Traditional vs New Age Marketing Why NexGen? What we aim to do
  • 36.
  • 37. You need huge budgets to create a good marketing plan
  • 38. A perfectly executed plan will guarantee results
  • 40. Never give the product/service away
  • 41. You must identify with the competition
  • 42.
  • 43. Traditional vs New Age Marketing TRADITIONAL Monologue (1 way) Short term viability Does not affect bottom-line in most cases Stand alone elements Fixed Expensive NEW-AGE Dialogue (2 way) Long term sustainability Affects company bottom-line Integrated platform Scalable & flexible Cost effective v/s
  • 44. About Us What people think about Marketers The need of the hour Statistics A few ways to sustain a brand Marketing Myths Traditional vs New Age Marketing Our competencies Our services Why NexGen? What we aim to do
  • 45.
  • 46. Internal involvement to positively affect your bottom-line
  • 47. Leverage the experience of a network of professionals
  • 48. Non affiliation with any group or business
  • 49. Emphasis on clarity & simplicity – no bells & whistles
  • 50.
  • 51. NexGen aims to help businesses…
  • 52. Are you ready to take your business into the NEXGEN? use your “market” sense FUTURELAB BAIN & COMPANY Information courtesy: