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Marketing's metamorphosis
1.
Marketing’s metamorphosis A presentation for
UEA by Third City
2.
2
UEA Three Decades of Marketing: from propaganda to democracy 1981 1991 2011 TV is king Decline in TV WEB 2.0 FMCG mkg pioneers Growth in BTL Peer to Peer Mkg NO INTERNET Information >>>> Interaction >>>> Community >>>> BRAND HAS BRAVE BRANDS CONSUMER HAS FULL CONTROL INVITE FEEDBACK CONTROL © Third City 2011
3.
3
UEA The old beast is dying In 1965 80% of all 18-49 year olds in the US could be reached with THREE 60 sec TV spots In 2005 it required 120 TV spots to do the same © Third City 2011
4.
4
UEA The new beast roars UK internet ad expenditure growing at 13.5% p.a UK online active users now nearly 40million (doubled in ten years) In 2010 £2bn spent on internet ads compared to 19m in 1998 Social media account for 25% of time spent online in the UK…… © Third City 2011
5.
5
UEA Going social Shared experiences travel at the speed of light, good bad or ugly Smart brands have embraced this and invented content that will travel © Third City 2011
6.
6
UEA The Big Idea The better the idea the faster it will travel Being digitally or socially clued up is not enough Some examples… © Third City 2011
7.
7
UEA Doing Good is good for business © Third City 2011
8.
8
UEA Accountability is everything “I know half my advertising is wasted I just don’t know which half” © Third City 2011
9.
9
UEA PR’s Renaissance A bunch of blondes banging the phones? Ab Fab PR is earning a seat at the boardroom table - Natural search - Understands advocacy - Guardians of reputation - Accountability - Bang for buck © Third City 2011
10.
10
UEA Seven Wonders Step change in media consumption Rise in internet usage Going Social The Big Idea Doing Good for Business Power of Bean Counter PR’s Renaissance © Third City 2011
11.
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UEA The future? Social democracy here to stay Marketing will catch its breath Brands will fathom out the new model Geeks will lose their halo Smart brands will demand collaboration The big idea will travel further We will finally figure out whether any of this is working © Third City 2011
12.
Copyright © Third
City 2010 22 Thanks www.thirdcity.co.uk twitter.com/@third_city
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