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Conference Presentation, Panel, Fireside Chat

Brand Battlefield: Mobile and Social Networks

  • Market Shifts and Consumption Trends

    • Consumers spend an average of 60 minutes daily on social networks, surpassing time spent watching television.
    • Trust in social media has increased to the point where it now rivals traditional institutional trust, particularly in the financial sector.
    • Over 1.5 billion people actively consume content on social platforms, creating a "welcome" environment for marketing compared to intrusive emails or cold calls.
    • Social sharing drives the majority of purchasing decisions; 84% of buying choices are influenced by the opinions of friends and family.
  • Generational Dynamics and Millennial Influence

    • A "war of generations" has emerged, with a stark divergence in political views; for instance, 70% of people under 34 view Edward Snowden as a hero, compared to 70% of Boomers who view him as a criminal.
    • Millennials (90 million in the U.S.) represent $200 billion in current spending, projected to rise to $400 billion.
    • Younger demographics demand transparency and expect brands to take stands on social and political issues, refusing to be "sold" to in favor of relationship building.
    • Contrary to the perception of millennials as transient, they now constitute core consumers who are often parents and decision-makers.
  • Social Selling and Employee Advocacy

    • Hearsay, a social selling platform, serves 75,000 financial advisors and insurance agents to leverage individual trust over institutional trust.
    • Organizations utilize machine learning to identify "trigger events" (e.g., life events, preferences) shared by users to time relationship-building outreach.
    • Sales teams are increasingly empowered to act as brand ambassadors on platforms like LinkedIn and Twitter, with etiquette training replacing restrictive compliance silos.
    • A shift is occurring where CMOs and sales heads are taking ownership of social media strategy, moving compliance away from being the primary driver of social programs.
  • Brand Strategy and Real-Time Marketing

    • The focus is shifting from "campaign mode" (static 30-second spots) to "conversation mode," requiring constant engagement rather than one-off ads.
    • Brands are ceding control to the audience, recognizing that authenticity and user-generated participation drive higher engagement than polished corporate messaging.
    • The "Honey Maid" campaign serves as a primary case study for turning crisis into opportunity through rapid, public response.
    • Honeymade's response video to backlash regarding diverse family representation garnered 6 million views in three days and was created within four days of the initial controversy.
    • Successful modern branding often positions the brand as a sponsor rather than the "hero" of the narrative, focusing on themes like family, love, and culture.
    • Mondelēz International invested $1 billion to shift 10% of its media budget to mobile, recognizing mobile as the primary device for point-of-purchase decisions.
    • Attribution modeling shows that running social media campaigns concurrently with TV spots can double the effectiveness of the TV advertising.
  • Innovation, Culture, and Organizational Change

    • A "war on talent" is expected as digital-native executives from companies like Amazon and Facebook migrate to traditional CPG (Consumer Packaged Goods) firms.
    • Business schools are failing to prepare graduates for the digital economy, with less than 1% of top 100 business school curricula referencing mobile or social media.
    • Mondelēz launched "Mobile Futures," an accelerator where brand directors work with startups for a week to foster an "intrapreneur" mindset and break down corporate silos.
    • Innovation is driven by cultural shifts and executive sponsorship rather than just hiring new talent; senior leaders must be practitioners of the tools they champion.
    • Organizations must balance the need for agility with regulatory compliance, particularly in highly regulated industries like finance and pharma.
  • Platform Specifics and Emerging Technologies

    • LinkedIn is viewed as an underutilized network with higher-quality user intent compared to Facebook, though many users span both platforms.
    • Mobile usage is integrated across all channels; 50% of users under 17 access the web exclusively via mobile, making "mobile-first" essential.
    • Emerging markets, particularly China, rely heavily on super-apps like WeChat (800 million users), which vastly outscale Western platforms like Twitter.
    • iBeacon technology is viewed as a critical tool for in-store digital integration, though success depends on delivering value to avoid consumer backlash regarding spam.
    • Consumers are increasingly willing to trade privacy for enhanced customer experiences and personalized value, similar to Amazon's recommendation engine.
  • Regulatory and Future Outlook

    • Technology is outpacing regulatory frameworks, creating a gap where regulators often lack technical understanding of the platforms they govern.
    • There is a growing consensus that regulators must learn new technologies to create relevant guidelines, avoiding the "Enron" scenario of stifling innovation.
    • Aging demographics (Boomers and Gen X) are rapidly adopting social media, primarily to connect with family, making the platform "not just for 16-year-olds."
    • The primary driver for older generations is the emotional benefit of connection, which improves well-being, particularly for those with limited mobility.
    • Future innovation requires "outside-in" thinking and the destruction of command-and-control structures to allow for rapid iteration and risk-taking.