adapt or die: how agencies must evolve to the changing digital landscape

13
MINDSHARE Adapt or Die: How Agencies Must Evolve to the Ever-Changing Digital Landscape

Upload: digiday

Post on 13-Apr-2017

840 views

Category:

Marketing


0 download

TRANSCRIPT

Page 1: Adapt or Die: How Agencies Must Evolve to the Changing Digital Landscape

MINDSHARE

Adapt or Die: How Agencies Must Evolve to the Ever-Changing Digital

Landscape

Page 2: Adapt or Die: How Agencies Must Evolve to the Changing Digital Landscape

Today’s media landscape is evolving at an unprecedented rate

2

BLACK & WHITE TV

FIRST SATELLITE

BROADCAST

RISE OF CABLE TV

MORE ADVERTISER-SUPPORTED NETWORKS

DIGITAL AND

INTERNET REVOLUTION

SMARTPHONES HDTV TABLETS OVER-THE-TOP DISTRIBUTION

CHANGE IS ACCELERATING.

1950s 1960s 1970s 1980s 1990s 2000 - 2005 2006 - 2011

2012 AND BEYOND

XBOX LIVE CAMERA IN DEVICES/TV-

LEARNING THE CONSUMER

TARGETED ADS

PERSONALIZED RECOMMEND-

ACTIONS

ENHANCED CONTENT SEARCH

CAPABILITIES

CLOUD-BASED CONTENT DELIVERY

SOCIAL TV DIGITAL RADIO VIA MOBILE AND

TABLET APPS

DVR FIRST DOWNLOAD-

ABLE CONTENT

SOLD

MP3 PLAYERS

VIDEO STREAMING

DIGITALTV

CONNECTED WORLD

Page 3: Adapt or Die: How Agencies Must Evolve to the Changing Digital Landscape

3

Infinite devices & channels

Finite time & attention

Page 4: Adapt or Die: How Agencies Must Evolve to the Changing Digital Landscape

4

But the object remains the same

Right •  Audience

•  Format

•  Creative & Message

•  Setting (Time, Place, Context)

Reach

Drive •  Relevance

•  Receptivity

•  Attention

Influence

Maximize •  Response

•  Outcome

Impact

Page 5: Adapt or Die: How Agencies Must Evolve to the Changing Digital Landscape

5

Veracity

Data Uncertainty Managing the reliability and predictability of inherently

imprecise data types

Velocity

Data in Motion Analysis of streaming data to enable decisions within

fractions of a second

Volume

Data at Scale Terabytes to

petabytes of data

Variety

Data in Many Forms Structured, unstructured,

text, multimedia

more and more signals to better understand a consumer

Page 6: Adapt or Die: How Agencies Must Evolve to the Changing Digital Landscape

Just having data is no use unless it can be turned into…

6

Value

Page 7: Adapt or Die: How Agencies Must Evolve to the Changing Digital Landscape

7

Use a combination of analytical capabilities

What happened? Mining past data to report, visualize, and understand what has already happened — after the fact

Descriptive

Why did it happen?

Leverages past data to understand the underlying relationship between data inputs and outputs to understand why something happened

Diagnostic

What can I do more?

Determines what “value add” can be provided before the consumer realizes the need

Pre-emptive

What will happen?

Determines which decision and/or action (“what if”) will produce the most effective result against a specific set of objectives and constraints

Predictive

What should I do?

Investigative data to proactively seek opportunities to target (emergent outcomes)

Prescriptive

Sense & Respond Predict & Act

Hindsight Insight Foresight

Page 8: Adapt or Die: How Agencies Must Evolve to the Changing Digital Landscape

Data-to-decisions process

8

Volume Variety

Velocity Veracity

Data Actions Insights

Audience (Who)

Message (What)

Time (When)

Channel (Where)

Page 9: Adapt or Die: How Agencies Must Evolve to the Changing Digital Landscape

9

Valu

e

Event

Data captured

Insights delivered

Action taken

Time

Action time

Improve response time to opportunities

Page 10: Adapt or Die: How Agencies Must Evolve to the Changing Digital Landscape

10

Information Capture, transform and visualize relevant data

into meaningful business metrics

Input to Outcome

Insights Identify underlying drivers, patterns, & trends; understand

behavior and predict outcome

Impact Operationalize data driven decisions to realize sustainable business value and

competitive advantage

Focused at helping brands bridge

Page 11: Adapt or Die: How Agencies Must Evolve to the Changing Digital Landscape

11

Enlighten

Creating Insights To

Empower

Leveraging Data To

Enable

Using Partners To

Page 12: Adapt or Die: How Agencies Must Evolve to the Changing Digital Landscape

A closed-loop phi losophy

1. 2.

4. 3. 12

Page 13: Adapt or Die: How Agencies Must Evolve to the Changing Digital Landscape

THANK YOU