Saturday, October 2, 2010

Study: Preloaded apps generate more money for operators

Preloaded applications and features are an important consideration in consumers' choice of an operator and their cell phone, according to a new study by iGR Research. In addition, apps that are popular with consumers could potentially generate 9.4 times the revenue for the operator if they come preloaded vs. being offered in the app store.

In the iGR study, which queried 2,000 users, two-thirds of respondents said that pre-installed apps factored into their device purchase decision. And of those respondents that were smartphone users, about 80 percent said that the types and quality of the applications in the app store were important. The majority of smartphone users also said that they considered pre-installed apps when they bought their smartphone even though they had access to apps in an app store.

Interestingly, the study also found that preloaded applications play an important role in application discovery--48 percent said that they tried preloaded applications on their phone, while 33 percent said they heard about apps from friends and family and 26 percent said they browse the app stores.

The most popular apps that consumers want preloaded are maps/navigation/GPS (64 percent), call control applications such as caller ID and call blocking (49 percent) and music applications (46 percent).

The iGR study also found that just 5 percent of respondents have unlocked their cellular phone so they could get access to apps that aren't available to them.

The iGR study follows a similar conclusion by ABI Research. In April, ABI predicted that popular applications will increasingly be preloaded on mobile devices and that social networking apps in particular will be preloaded.

For more:
- visit the iGR web site

Visit the below link for updated news on mobile technology
http://www.fiercemobilecontent.com/

Ashwin Vachaspathi

Monday, August 16, 2010

The 4Ps are OUT...The 4Es are IN!!!

If there ever has been a time for change in marketing, this is it.

MANY OF US GREW UP with the Four Ps of Marketing: Product, Place, Price and Promotion. Do you know when the Four Ps of Marketing were invented? In 1960, by Jerome McCarthy. They were made leading-edge by Philip Kotler in his book Principles of Marketing in 1967.

The Four Ps thrived in a different world. It was a wonderful fantasy world. Marketers were king. Product differences lasted. Big, obedient audiences could be reached with big, efficient media.

What is the world of marketing today? The consumer has seized control. Audiences have shattered into fragments and slices. Product differences can last minutes, not years. The new ecosystem is millions and billions of unstructured one-to-one and peer-to-peer conversations.

Marketing is in the hot seat. So many of the tools and assumptions we grew up with are no longer valid. Many marketing leaders around the world got promoted into their jobs because they did two great product launches and three great TV campaigns, and figured out how to work with a few major retailers.

According to a recent study by Spencer Stuart, the average tenure of a CMO is less than 24 months. And only 14 percent of CMOs have been in their positions with the same company for more than three years. A CMO Council 2007 report concludes that only one-third of board members are satisfi ed that their marketing leaders can explain the ROI of marketing.

We need a new framework. And a new tool kit. For starters, we need to throw away the Four Ps and embrace the Four Es:

from Product to Experience
from Place to Everyplace
from Price to Exchange
from Promotion to Evangelism


Left: The Orange Babies campaign offered a simple exchange – in return for a donation, you receive a smile. Center: The Hershey’s store in Times Square has one of the highest sales figures per square foot of any retail space in America. Right: Johnnie Walker’s Personal Digital Assistant engages loyal drinkers when they are on the go.

From Product to Experience
Classic marketing instructed us to look at “product” features, fi nd a single consumer benefi t, and promote this over and over again to our target audience.

But in a world where most product advantages last less than six months, this strategy is losing relevance. A six-month, product-based advantage is a huge luxury. In financial services, an advantage may last a few weeks. On eBay, you may be special for a few seconds.

My advice is to stop thinking just about your product and start thinking about the full experience. And the fi rst step is to discover the Customer Journey. Do you know how customers shop for your category? Do you know who infl uences their purchases, and where and when their purchases happen? Do you know what happens after they buy?

If you don’t, you cannot understand the end-to-end customer experience. And you cannot know where to focus your precious marketing effort. When you think about the experience, not just the product or the advertising, you can do amazing things.

A few years ago, Hershey’s, an iconic U.S. chocolate company, asked us to put up a billboard ad in New York City’s Times Square. But instead of thinking about products and advertising, we imagined a brand experience and created an entire Hershey’s store for customers who visit Times Square.

The retail space is playful and full of childhood memories, inviting people in for a real-life experience with Hershey’s and its full range of products.

The store is a huge hit. It’s a focal point in Times Square, as well as a retail store with one of the highest sales figures per square foot in America.

From Place to Everyplace

It used to be that retail was a “place,” but now consumers create their own paths. Marketers need to understand the full range of possibilities in reaching people.

Instead of interrupting people, today we want to “intercept” them and make contact when they are most receptive to engaging with us as they go about their day. Here’s what we are doing about it at Ogilvy. We have created a global network of digital innovation labs, in Singapore, New York, London, Beijing and São Paulo.

We are hiring different kinds of people. Mark Seeger, the leader of our Ogilvy Digital Innovation Lab in Singapore, is an engineer, a product designer who worked on the Apple iPod, and a former rocket scientist at NASA. Not your average agency hire.

Mark and his colleagues invent interesting ways for our clients to connect their brands with their consumers. Recently, Mark and his team invented a virtual personal assistant who lives on a mobile phone – and helps the customers of a liquor brand in Asia enjoy life to the fullest. She tells them about upcoming entertainment promotions, and helps them get reservations and VIP access. She even has a webcam feature to show them which bar is hot and which bar is not.

It’s no longer only about interrupting to grab attention when people are watching television, reading a magazine or visiting a retail location. Today we have to intercept consumers on their turf and on their terms, and that could be anyplace or everyplace.

From Price to Exchange
“Price” used to be very simple: I give you a product, you give me money and I put it in the cash register.

For many marketers, the focus was on the cost side of the equation: keep costs down so we can keep prices competitive. Marketing leaders were highly aware of the cost of marketing inputs – commercial production, agency compensation, TV airtime and print production. But as Oscar Wilde said, “The cynic knows the price of everything
and the value of nothing.”

Today’s marketing leader needs to be aware of the value of things. In particular, you need to know what it takes for a consumer to give you precious things like their attention, their engagement and their permission.

Ogilvy Amsterdam brought the concept of exchange to life in a campaign for an organization called Orange Babies, which supports African mothers and children who are HIV positive. To raise money at a big trade show, they offered a simple exchange. People who donated money saw the effect immediately – in exchange for their donation, they got a big smile. And Orange Babies earned thousands and thousands of dollars for a great cause.

So, do you understand exchange? Do you know the value of your customers – what they really bring to you in revenue and profi t over their lifetime? What are you willing to offer your consumers in exchange for their attention, their engagement and their permission? The marketer needs to take the first step.

From Promotion to Evangelism
Through much of marketing’s history, “promotion” was sufficient. A single-minded product benefi t, creatively and persistently promoted, would often be a winning approach.

But increasingly, we are seeing a new and more powerful approach – evangelism. By this I mean creating a mission and brand experience that are so inspiring to consumers that they engage with you – and share their enthusiasm with others. What makes evangelism so powerful today is how it marries the oldest form of persuasion – word of mouth – and the newest – social networking and Web 2.0.

Marketing in a fragmented, multichannel world needs a powerful heart. The key ingredients are emotion and passion. As a marketing leader of the future, you must know how to find the energy and passion in what you are selling.

Which brings me to what we at Ogilvy call the The big ideaL™. Simply stated, a Big Ideal is a universal, enduring theme that a brand stands for. It’s the emotional center. And we have found that the best way to locate this emotional center is to start with a deep understanding of what your brand is really great at – your brand’s best self – and then to connect this to an important cultural truth or trend that is going on in society. This is a place where you will fi nd energy and passion.


The Dove brand is over 50 years old. Its heritage was in selling simple and honest beauty products to women. It was successful, but we all believed there was more potential. It was when we linked together the brand’s best self with a cultural truth about women and beauty that the business really took off.

It started with a research insight: after decades of stereotyping by the fashion and beauty industries, global research revealed that only two percent of women believe they are beautiful. The leaders of Dove took a different view – women’s beauty today is much more diverse in age and size and color. Real beauty is what matters.

And so Dove’s Big Ideal was articulated as: “Dove believes the world would be a better place if women were allowed to feel good about themselves.”

Rather than just tell women its theory, Dove decided to engage women around the world in a debate. And so the Campaign for Real Beauty was born. It started with a website and a public relations campaign. Women were invited to join the debate, and millions did. One Dove viral video, Evolution, achieved such astonishing consumer sharing and free media support that it has been seen by an estimated 500 million viewers. And the Campaign for Real Beauty has helped drive Dove sales to record levels.

So it’s time for marketing to move on. Retool. Evolve.

EXPERIENCE Discover and map out the full Customer Journey on your own brand – in your own country.

EVERYPLACE
Develop your knowledge of new media and channels the way a chef masters new ingredients. Try new things – do something that doesn’t start with TV or print.

EXCHANGE Appreciate the value of things, not just the cost. Start by calculating the value of your customers – and what their attention, engagement and permission are worth to you.

EVANGELISM Find the passion and emotion in your brand. Inspire your customers and employees with your passion.

By:
Brian Fetherstonhaugh

Wednesday, August 11, 2010

Class recap-10th Aug

The class started with a discussion about the project work. Sir told us about N-plan or the analysis plan based on:
  • banners
  • multivariate analysis
  • qualitative research extrapolation analysis or video documentation
  • open ended questions analysis - writing respondents ans to open ended qs 1st and then analysing the ans
We then moved on to Ethnographic Research. Ethnographic research is almost like anthropology i.e. a study of human or mankind. In earlier days Ethnographic Research was conducted by being a part of the respondent community while conducting the research and thus understand, by following, the attitudes, behaviors, values, beliefs and purchase patterns of the respondents.
Ethnographic Research is actually a derived research tool.

Various tools used by Ethnographic Research are:
  • Consumer journal or consumer diary
  • Social networking is the new upcoming trend and sites like twitter and facebook are good egs. Blogs are also being commonly used.
Awareness will help increase the success of Ethnographic Research since technology is being used extensively for Ethnographic Research.

:Shilpi

Sunday, August 8, 2010

Questionnaire details on monday class

Hi Participants,

I would like to see your questionnaire or other survey tools priliminary investigation of 40 -45 samples in tommorow (monday class ) . please bring the file.



Ankush

Wednesday, August 4, 2010

Deadline for interim submission

Hey friends,
I talked to sir, the deadline for interim submission is by Sunday evening, without any delays, and no ppt is required.
Sir would randomly ask any person from any group to explain about work done and about the project in Monday's class.

Shilpi

Ad for an Ad




Posted by : Krishnashis

In today's Brand Equity, have you guys seen the print ad of Mathrubhumi?

Before attending the IMC classes I hardly used to criticize any advertisement, be it a TVC or a print ad. After seeing you people taking so much interest in critical-analysis of any ad, I thought this ad would be a good one for a discussion.

I find this one as a wonderful ad. Firstly, the media chosen for this ad is a brilliant one. I have searched for the same ad on the net, but they have not published this ad anywhere else, till yet.

This ad preaches for the advertisements to be given to their daily. So the target group is obviously the Sales/Marketing managers of the corporates who will ultimately decide where to put their ad up. And for them ET no-doubt is the best media to talk to.

Next comes the content of the ad. Like the 'bizarre' ads from Bingo, this ad also does not directly talk to the need. Rather it compells the reader to interpret it in a different manner.

The first noticeable thing is the very un-common picture which would definitely create a little curiosity to read it through. then comes the well-versed communication message.

I invite your comments on this ad as a successful/unsuccessful marketing communication.
...................................................................................
P.S. - Besides the quality of the advertisement, this ad made me search through the net for an other reason.I read about the Onam and the story behind it.
The story I knew about the Ramayana is something like this - while heading towards Shri Lanka ,in the midway of his journey (may be some where in Kerala) Lord Rama identified a stone in the midst of the forest, touched it with his feet and brought life to Ahalya, the lady who was turned into a stone due to some curse.
But you know, the sagas have always over-glorified their own heroes, so is the Malayalee one. As per the Keralian mythology, it was the great king Maveli, and not Lord Rama who brought life back to Ahalya, the Malayalee Princess.
Now it is up to you which one of these two stories you will tell to your grandchildren. :)

Tuesday, August 3, 2010

Recap of the session of 3rd August

Today Sir have well explained in class about the Qualitative Research. Also the differences between Qualitative and Quantitative reasearch are explained in the class.

Qualittative Research:
1) Expression of the views, opinions are very important in the current market( Indian Context)
2)Change in the Consumer behaviour pattern.

Three sets are included in the Qualitative Research:
1) Evaluation Set
2) Consideration Set
3) Evoked Set

As far as the Consideration Set is concerened the Relative Market Share is very important.Relative Market share is equals to the Trial Rate multiplied by the Repeat Purchase Rate.The bridge between the Consideration set and the Evoked Set is filled by the Marketing Mix viz product, place, promotion, people.
In the Qualitative Research Black Box Concept is crucial.This is because Black Box helps in analyzing the last minute interaction of the product with the consumer with respect to the following points.
a) Attitude
b) Behaviour
c) Motivation
d) Learning
e) Perception

Qualitative Researh is of the prime importance for the success of the Qualitative Research.So the rules while conducting the Qualitative Research must be followed strictly.
In the Qualitative Research Moderators role is important. The moderator's essentials are as follows:
1) The FGD in which the moderator is involved should be 8-12 and not more than that.
2) Ambience, Quality of mike matters a lot.
3) Time Duration: 15-20 mins.
4) Sign Confusions: Everything about the Research should be clearly stated to the respondents.Moderator should get a confirmation from the respondents whether he agrees or disagrees. Non verbal expressions should be decoded properly by gettin the confirmation from the respondents.
Approach to conduct FGD is different for the different people.Example Autoricksha drivers, housewives etc. If heated argument arises during the FGD or after the FGD ot should be handled carefully by the moderator.

Ethnographic Research: Its the research which is carried out through observation.For the example , refer the DEW DROPS CASE STUDY.Consumer Dairy is the Dairy which is given to a selected set of the sample respondents and asked to enter the daily purchases that they have made over a period of time.After the stipulated time the dairy is collected back from the respondents by the researcher and is further utilised for the analysis of the consumer behaviour.
Intricacies of the Ethnographic Research will be discussed in the next class.

SUJIT SONAWANE 119