The much expected Indian union budget 2014-15 is to be released, Common man & the Markets are looking closely for their share of the budget. This Budget season may be a good time for Marketers to pause and listen to what your customer is trying to tell youโฆ
3. 1
โStop spending on Ads like
these and expecting me to
believe youโ
Picture Credits http://www.hikingonthemoon.com/wp-content/uploads/2012/10/Felix-Baumgartner-Redbull-Stratos-High-Jump.jpeg
4. 2
โStop stalking me, Just because
I landed up on your websiteโ
Picture Credits: http://www.financial-services-employers.com/wp-content/uploads/2013/07/retargeting-example-screenshot.jpg
5. 3
โStop annoying me, where I am
trying to concentrateโฆ..โ
Picture Credits: http://www.bannerblog.co.uk/
6. 4
โThat I liked your Facebook
page, just means that I was
being niceโฆ to my friendโ
7. 5
โThat I checked your YouTube
video means I'm still checking
you outโ
Picture Credits: http://computerbasicsforluddites.files.wordpress.com/2013/10/skipad.jpg
8. 6
โDonโt expect me to believe that
you are really giving me a
โCHOICEโ
Picture Credits: http://computerbasicsforluddites.files.wordpress.com/2013/10/skipad.jpg
9. 7
โStop buying ads and policing
me on Social mediaโ
Picture Credits: http://sproutsocial.com/insights/wp-content/uploads/2010/09/social-media-advertising-platforms.jpg
10. 8
โStop treating me like an typical
28 year old living in a metroโ
Picture Credits: http://benwoolf.co.uk/
12. โCreate value in your products
and servicesโฆ.. that fits into my
lifeโ
Nike was able to capture the interest of its target
audience by seamlessly integrating value with everyday
products such as MP3 players & cell phones. Nike+
continues to be a huge success morphing from a simple
app to a plethora of products designed with user value
in mind.
Picture Credits: http://jessicakbaker.files.wordpress.com/
13. โListen and fix my feedbackโ
After the launch of Xbox One, User outrage caused
Microsoft to re think their stance on Xbox Oneโs core
functionalities. Xbox one was re โ launched based on
user feedback.
Picture Credits: http://cdn.techinasia.com/
14. โTell me a story that makes my
life interestingโ
Think cornflakes, and the first word that comes to mind
is Kelloggโs.
Kelloggโs has carved out a permanent place in the
hearts and minds of its customers by conveying its
brand values and ethos through stories that resonated
with and captivated the audience
Picture Credits: http://www.thedrum.com/
15. โProvide proof when I ask for itโ
Whether you sell a Soap or a Software, customers
expect proof to validate your claims. Provide customers
with the proof they seek and help them decide.
Picture Credits: http://www.pardot.com/
16. โTreat me like the way YOU
would want to be treatedโ
Would you put up with bad service? Neither will your
customers. There is a reason why bad reviews of
Delta/United go viral and great reviews of Singapore
airlines result in customer loyalty
Picture Credits: http://worldairlinenews.files.wordpress.com/
17. "Make it worth my while and
your moneyโ
Make sure you deliver a worthwhile value for your
customersโ hard earned money.
Picture Credits: http://shotbyadam.com/
18. And for all thisโฆstart with โmeโ
your customer and use your
budget wiselyโฆ
Use Customer Value Maximization to achieve all this
and moreโฆ..
19. What is Customer Value
Maximization?
Customer Value Maximization is a current generation
marketing framework that helps marketers derive
remarkable value from their spends.
Customer Value Maximization transforms your
marketing programs from:
๏ง Product Centric to Customer centric
๏ง Broadcasting to Interactive
๏ง Interrupt driven to Customer initiated
and delivers maximum value for your marketing buck!
20. How does Customer Value
Maximization work?
Using the right technologies and powered by real-
time analytics, Customer Value Maximization
facilitates brand communication to the customer at
a time he/she is listening, on a channel he/she's
interested ....and this not just delivers remarkable
results BUT also eliminates wasteful spends!
21. Example
How Analytics was used to create
Brand Modi
โ Every outbound and inbound communication was
monitored, measured, and acted upon based on a data
point.
โ Team Modi analyzed the Indian voter population &
segmented it based on their demographic profile. Key
psychographics of 12 crore first time voters and all the
undecided voters were identified. Insights from such
studies were used in the outbound campaigns.
โ Streaming analytics based Rapid Action Report, which
presented a constantly evolving picture of each
constituency, based on the information gathered from both
online & offline channels was extensively used.
โ This effort resulted in adapting communications under the
โAb ki Baar, Modi Sarkarโ umbrella.
โ Team NaMo used smart real time monitoring in conjunction
with clever messaging to strike a chord in the hearts of the
general public.
22. Example
How Technology was used to
spike PUMA
๏ง PUMA's - Design your own Sneakers, radically
altered the โmass retailโ into โcustom boutiqueโ
๏ง Puma fully embraced the technology and gave their
customers an opportunity to co-create sneakers
and place an online order in-store.
๏ง Inside PUMA stores, shoppers were provided with
fabrics, materials for inspiration as well as an iPad
bolted on a pole on which shoppers could design
their own shoes.
๏ง Puma gave shoppers a personalized shoe-
designing experience, and this spiked the offtake
manifold.
23. And this does NOT necessarily mean heavy investments in
fancy technologies, or tools
24. Certainly this means CHANGE....
๏ง Change in the way you spend your marketing budget
๏ง Change in the way you track your marketing RoI
๏ง Change in the way you allocate your media spends
๏ง Change in the way you approach your audience
๏ง Change the way you deal with your existing agencies
Picture Credits: http://www.hillsdalenjumc.org/
26. TALK TO US!
We're happy to
demonstrate how to
make your BUDGET
work better
marketing@xerago.com
27. ACKNOWLEDGMENT
This budget round up was prepared by Srinivas Chari and Team Solutions.
Srini heads client solutions and marketing at Xerago
Ram manages client solutions at Xerago
Suraj handles the research desk at Xerago
Sashi manages marketing for Xerago