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This Budget season may be a good time for
you to pause and listen to what your
customer is trying to tell youโ€ฆ
"Don't waste your
money and my time....
1
โ€œStop 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
2
โ€œStop 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
3
โ€œStop annoying me, where I am
trying to concentrateโ€ฆ..โ€
Picture Credits: http://www.bannerblog.co.uk/
4
โ€œThat I liked your Facebook
page, just means that I was
being niceโ€ฆ to my friendโ€
5
โ€œThat I checked your YouTube
video means I'm still checking
you outโ€
Picture Credits: http://computerbasicsforluddites.files.wordpress.com/2013/10/skipad.jpg
6
โ€œDonโ€™t expect me to believe that
you are really giving me a
โ€œCHOICEโ€
Picture Credits: http://computerbasicsforluddites.files.wordpress.com/2013/10/skipad.jpg
7
โ€œStop buying ads and policing
me on Social mediaโ€
Picture Credits: http://sproutsocial.com/insights/wp-content/uploads/2010/09/social-media-advertising-platforms.jpg
8
โ€œStop treating me like an typical
28 year old living in a metroโ€
Picture Credits: http://benwoolf.co.uk/
INSTEADโ€ฆ
Picture Credits: http://www.samdiener.com/
โ€œCreate value in your products
and servicesโ€ฆ.. 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/
โ€œListen and fix my feedbackโ€
After the launch of Xbox One, User outrage caused
Microsoft to re think their stance on Xbox Oneโ€™s core
functionalities. Xbox one was re โ€“ launched based on
user feedback.
Picture Credits: http://cdn.techinasia.com/
โ€œTell me a story that makes my
life interestingโ€
Think cornflakes, and the first word that comes to mind
is Kelloggโ€™s.
Kelloggโ€™s 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/
โ€œProvide 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/
โ€œTreat 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/
"Make it worth my while and
your moneyโ€œ
Make sure you deliver a worthwhile value for your
customersโ€™ hard earned money.
Picture Credits: http://shotbyadam.com/
And for all thisโ€ฆstart with โ€˜meโ€™
your customer and use your
budget wiselyโ€ฆ
Use Customer Value Maximization to achieve all this
and moreโ€ฆ..
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!
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!
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
โ€˜Ab 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.
Example
How Technology was used to
spike PUMA
๏‚ง PUMA's - Design your own Sneakers, radically
altered the โ€˜mass retailโ€™ into โ€˜custom 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.
And this does NOT necessarily mean heavy investments in
fancy technologies, or tools
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/
Interested in CHANGE?
TALK TO US!
We're happy to
demonstrate how to
make your BUDGET
work better
marketing@xerago.com
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
Reach us at marketing@xerago.com

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Calling All Marketers: Here's What the Indian Union Budget' 14 means to you!!

  • 1. This Budget season may be a good time for you to pause and listen to what your customer is trying to tell youโ€ฆ
  • 2. "Don't waste your money and my time....
  • 3. 1 โ€œStop 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 โ€œStop 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 โ€œStop annoying me, where I am trying to concentrateโ€ฆ..โ€ Picture Credits: http://www.bannerblog.co.uk/
  • 6. 4 โ€œThat I liked your Facebook page, just means that I was being niceโ€ฆ to my friendโ€
  • 7. 5 โ€œThat 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 โ€œDonโ€™t expect me to believe that you are really giving me a โ€œCHOICEโ€ Picture Credits: http://computerbasicsforluddites.files.wordpress.com/2013/10/skipad.jpg
  • 9. 7 โ€œStop 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 โ€œStop treating me like an typical 28 year old living in a metroโ€ Picture Credits: http://benwoolf.co.uk/
  • 12. โ€œCreate value in your products and servicesโ€ฆ.. 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. โ€œListen and fix my feedbackโ€ After the launch of Xbox One, User outrage caused Microsoft to re think their stance on Xbox Oneโ€™s core functionalities. Xbox one was re โ€“ launched based on user feedback. Picture Credits: http://cdn.techinasia.com/
  • 14. โ€œTell me a story that makes my life interestingโ€ Think cornflakes, and the first word that comes to mind is Kelloggโ€™s. Kelloggโ€™s 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. โ€œProvide 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. โ€œTreat 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€œ Make sure you deliver a worthwhile value for your customersโ€™ hard earned money. Picture Credits: http://shotbyadam.com/
  • 18. And for all thisโ€ฆstart with โ€˜meโ€™ your customer and use your budget wiselyโ€ฆ Use Customer Value Maximization to achieve all this and moreโ€ฆ..
  • 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 โ€˜Ab 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 โ€˜mass retailโ€™ into โ€˜custom 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
  • 28. Reach us at marketing@xerago.com