DIGITAL ADOLESCENCE …and implications for the auto industry March 2015 1
He’s counting down to his 13 th birthday…
It’s tough being a parent and it’s tough being a marketer
adoles lescence cence noun the period…during which a young person develops from a child into an adult.
What is actually happening 5
What is actually happening
In effect…
The language of adolescence “You can’t “You’re so old “You don’t teach me fashioned” understand” anything” Old is bad New is good (or ‘beast’ or ‘sick’): 8
And it feels like this
Digital adolescence language: new is good: old is bad 10
Digital adolescence language: new is good: old is bad 11
And it feels a bit like this
A salutary tale Relative sales uplift per impact: 2006-11 1 1 0% 1 00% 1 00% 90% 80% 70% 60% 50% 40% 30% 1 5% 20% 1 0% 0% TV Online Display Source: Ebiquity 13
ONLY 30% 30% OF DIGITAL DISPLAY ADS ARE SEEN/VIEWED (AND THAT’S AS A ‘BLINK OF AN EYE’) Source: Ebiquity/Alenty 14
FOR EVERY 100 CLICK-THROUGHS OVER 20% 20% ARE FRAUDULENT Source: Ebiquity/Alenty 15
US DIGITAL AD SPENDING IN 2014: $4 $47B 7BN 33% 33% IS SPENT ON FRAUDULENT INVENTORY Source: Emarketer: IAB, MediaPost 16
…and by the way OUT OF 200 200 TOP FACEBOOK-FAN BRANDS, HOW MANY SHOWED A LEVEL OF ENGAGEMENT OVER 2%? %? ANSWER: 1 Source: analysis of PTAT statistics,: Ehrenberg Bass 17
So, embrace digital marketing adolescence 18
Adolescence is a great time to experiment 19
But… 20
Ask “why?” and “how?” Measure Measure Measure Think about who you ask to do the measuring 21
Meanwhile…digital consumer adolescence is not like that 22
“My, my, you’ve grown” 5 75 4 38 Years to 50 3 13 million users 2 4 1 0.1 0 20 40 60 80 23
“My, my, you’ve grown” 2013 £35.3 EUROPE PE 2007 £13.9 +18 +1 BILLION BILLION ONLINE RETAIL SALES ONLINE RETAIL SALES % 11.7% 4.9% OF RETAIL SALES 2015 5 VS 20 S 2014 OF RETAIL SALES Source: eMarketer.com 24
It’s transformed the Auto industry Source: Sophus3 25
It has radically transformed other industries Source: Google Insights: Ebiquity analysis 26
The only brand in insurance? 27
All fine, but cars are still sold like soap powder Retailer Manufacturer 28
Inherent risks: a personal view • The wow factor…or ‘Car Wow’ factor • After sales disservice • Brand tennis 29
The real challenge of digital marketing adolescence • Not about media • It’s about consumers • What drives their behaviour? • It’s about brand consistency • How do you create and maintain a joined-up path-to- purchase…and beyond? 30
Brand is an output…it’s time to embrace 31
And don’t worry…adolescence is a passing phase 32
EBIQUI IQUITY Head Office Citypoint, One Ropemaker Street LONDON, EC2Y 9AW tel. +44 (0) 20 7650 9600 33
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