Internet of things how to leverage for marketing

Vishnu Raj
Vishnu RajData Analyst at Jurong Port en Jurong Port
Internet of Things (IoT)
How to leverage for marketing?
IoT can help predict a person’s reaction
What is IoT?
Billions of devices, sensors & chips that are able to communicate via the
Internet makes up “The Internet of Things”
Inanimate objects are also
connected to the internet
Human & environment interactions
driving webs of machine to machine
(M2M) communication
Intelligent devices communicating
directly
 Sharing data
 Notifying each other of events
Marketing Evolution
IoT enabled marketing – the next frontier in marketing
World Cities Consumer Pollution Internet Smart Devices…
Time
Consumer Product Diversity
Sustainability
Social Network
Social Media Marketing
Values-Driven Marketing
Customers-oriented
Marketing
Initial Marketing
Industrial Revolution
Cooperative Intelligence
Participative Marketing
Opinions Values
Experience
s
Expectative
s
Participative Marketing
Evaluate Validate Share Participate Rate
Internet of Things
PRODUCTS
Collective Intelligence
SOCIAL MEDIA
Identification Interaction
Value
Co-creation
Prosumers
ENABLERSFUNCTIONS
Participative Marketing
Integration of Social Media & IoT
IoT in Today’s World
Video content analytics
provided by Kinect
RFID helps
identify products
Motorized shopping cart offers the convenience of hands-free
shopping
 Upload shopping list
 Cross off the items from the list as they are put in the cart
 Notify if the item is not on the list or is of wrong type
Whole Foods Supermarket & Microsoft
Subway & O2
 In UK, Subway teamed up with mobile
network provider O2 to give special
discounts to customers when they get
close to a Subway outlet
 Push message sent to customers as
they walk past or near a Subway store
 Push message contains a code that
can be scanned in-store to receive
discount
20th Century Fox : X-Men First Class
 20th Century Fox teamed up with UK based NFC mobile
commerce company Proxama to display NFC enabled
posters
 Posters offered exclusive video content & link to the
movie’s Facebook page
 20th Century Fox used the data to analyse poster locations
& video views
IoT in Future
Video Content Analytics in Retail
 Ubiquity of CCTVs & security
cameras
 All connected to the internet via a
router
 Software & algorithms used to
identify people & things of their
interest
Shopping pattern and human traffic flow
Product tracking Shopping pattern and behaviour
tracking
Face recognition
Customer profiling & behaviour analysis
Highly specific marketing opportunity
Enable marketers to offer personalised & targeted
 Advertisements
 Promotions
 Product bundles (Cross-sell & up-sell)
Integration of physical & digital shopping trail
Shopping
pattern, behaviour, demographics, traffic flow
& face emotions analysed
Connected to internet, able to access digital
shopping trail, interests, hobbies, lifestyle &
other personal information
Identify best spots for product placements and
advertisements
A person gets sickToday
Consult a doctorToday
Take medicines to cure sicknessToday
Sensors in the human body
monitor organ functions
Future
Proactively combat sicknessFuture
Alert messages on devices before
a person gets sick
Future
Typical shopping experience
Find the items on the
shopping list
Fill up the shopping
cart
Wait in line to bill
Future of shopping : Smart & Automated
Shampoo bottle
with sensor
Smart
refrigerator
1. The shopping list will be
automatically prepared
2. The order can be placed
automatically
Pay online & get it delivered
to home
OR
Place the order & pick it up
from the store
There is expected to be 50 Billion
connected devices by 2020
IOT could boost global corporate
profits by 21% by 2022
- Cisco
IOT spending to be $8.9 Trillion in
2020
- IDC
1 de 23

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Internet of things how to leverage for marketing

  • 1. Internet of Things (IoT) How to leverage for marketing?
  • 2. IoT can help predict a person’s reaction
  • 3. What is IoT? Billions of devices, sensors & chips that are able to communicate via the Internet makes up “The Internet of Things”
  • 4. Inanimate objects are also connected to the internet Human & environment interactions driving webs of machine to machine (M2M) communication Intelligent devices communicating directly  Sharing data  Notifying each other of events
  • 5. Marketing Evolution IoT enabled marketing – the next frontier in marketing World Cities Consumer Pollution Internet Smart Devices… Time Consumer Product Diversity Sustainability Social Network Social Media Marketing Values-Driven Marketing Customers-oriented Marketing Initial Marketing Industrial Revolution Cooperative Intelligence Participative Marketing
  • 6. Opinions Values Experience s Expectative s Participative Marketing Evaluate Validate Share Participate Rate Internet of Things PRODUCTS Collective Intelligence SOCIAL MEDIA Identification Interaction Value Co-creation Prosumers ENABLERSFUNCTIONS Participative Marketing Integration of Social Media & IoT
  • 8. Video content analytics provided by Kinect RFID helps identify products Motorized shopping cart offers the convenience of hands-free shopping  Upload shopping list  Cross off the items from the list as they are put in the cart  Notify if the item is not on the list or is of wrong type Whole Foods Supermarket & Microsoft
  • 9. Subway & O2  In UK, Subway teamed up with mobile network provider O2 to give special discounts to customers when they get close to a Subway outlet  Push message sent to customers as they walk past or near a Subway store  Push message contains a code that can be scanned in-store to receive discount
  • 10. 20th Century Fox : X-Men First Class  20th Century Fox teamed up with UK based NFC mobile commerce company Proxama to display NFC enabled posters  Posters offered exclusive video content & link to the movie’s Facebook page  20th Century Fox used the data to analyse poster locations & video views
  • 12. Video Content Analytics in Retail  Ubiquity of CCTVs & security cameras  All connected to the internet via a router  Software & algorithms used to identify people & things of their interest
  • 13. Shopping pattern and human traffic flow Product tracking Shopping pattern and behaviour tracking Face recognition Customer profiling & behaviour analysis
  • 14. Highly specific marketing opportunity Enable marketers to offer personalised & targeted  Advertisements  Promotions  Product bundles (Cross-sell & up-sell) Integration of physical & digital shopping trail Shopping pattern, behaviour, demographics, traffic flow & face emotions analysed Connected to internet, able to access digital shopping trail, interests, hobbies, lifestyle & other personal information Identify best spots for product placements and advertisements
  • 15. A person gets sickToday
  • 17. Take medicines to cure sicknessToday
  • 18. Sensors in the human body monitor organ functions Future
  • 20. Alert messages on devices before a person gets sick Future
  • 21. Typical shopping experience Find the items on the shopping list Fill up the shopping cart Wait in line to bill
  • 22. Future of shopping : Smart & Automated Shampoo bottle with sensor Smart refrigerator 1. The shopping list will be automatically prepared 2. The order can be placed automatically Pay online & get it delivered to home OR Place the order & pick it up from the store
  • 23. There is expected to be 50 Billion connected devices by 2020 IOT could boost global corporate profits by 21% by 2022 - Cisco IOT spending to be $8.9 Trillion in 2020 - IDC