Connecting to Consumers

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Connecting to consumers. A presentation outlining the digital landscape as well as the psychology of advertising and how to interact with consumers to drive engagement and interest around brands and content - offline and online.

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May 6th, 2014

CONNECTING TO CONSUMERS BRAND INNOVATION SUMMIT

THE AGENDA

LESSONS LEARNED

THE AGENDATHE CHALLENGEWHAT’S NOW

THE SOLUTION

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THE CHALLENGE

We live in an attention economy

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As content has grown increasingly abundant and immediately available, attention becomes the limiting factor in the consumption of information.  !

-Thomas H. Davenport

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0

25

50

75

100

2007 2008 2009 2010 2011 2012 2013

100 Hours/Minute

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2MM+ BLOG

5.3 TRILLION DISPLAY ADS SHOWN ONLINE EACH YEAR

500 million tweets daily4.75 BILLION SHARED ON FACEBOOK EVERY DAY PIECES OF CONTENT

posts per day

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WHAT’S NEXT NOW

Tech is making everything accessible !

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The number of transistors per square inch on integrated circuits will double. !

-Moore’s Law

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COMPUTING

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SOCIAL COMPUTING

TEXTIMAGES

VIDEO

TEXTIMAGES

VIDEO?

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THE IMPLICATIONS

Consumers are content creators and media networks. !

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PLATFORM PRODUCTION

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MEDIA CONSUMPTION

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MEDIA CONSUMPTION

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MEDIA CONSUMPTION

>

8.2 Million (premiere)10.6 Million (one channel)brendangahan.com

MUSIC

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MUSIC

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MUSIC

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FASHION

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CELEBRITY

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LESSONS LEARNED

Singular metrics do not define success

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The more any quantitative social indicator (or even some qualitative indicator) is used for social decision-making, the more subject it will be to corruption pressures !

-Campbell’s Law

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WE CAN GROW A COMMUNITY, BUT CAN WE COMMUNICATE WITH THEM?

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WE CAN GET VIEWS, BUT IS ANYONE WATCHING?

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WE CAN SCALE, BUT IS ANYONE PAYING ATTENTION? !

86% of internet users suffer from ‘banner blindness’

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SOLUTIONS: HUMAN BEHAVOR

3. NOTHING DRAWS A CROWD LIKE A CROWD

WHAT WE KNOW WORKS1. EMOTIONS ARE ENGAGING

2. INVITE AN AUDIENCE ALONG

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EMOTIONS ARE ENGAGING

Create a physiological reaction

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PROBABILITY OF MAKING THE ‘MOST EMAILED’ LIST

Anxiety

Anger

Sadness

Awe

Time at top of home page

21%

34%

30%

20%

-16%

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AVERAGE SHARES PER DAY

POSITIVE NEGATIVE

!2,581

HIGH AROUSAL Exhilaration Hilarity Astonishment Inspiration

LOW AROUSAL Happiness Amusement Surprise Calmness

!3,152

!2,422

HIGH AROUSAL Anger Disgust Shock Frustration

LOW AROUSAL Sadness Irritation Discomfort Boredom

!4,080

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ANGERbrendangahan.com

LAUGHbrendangahan.com

SHOCKbrendangahan.com

INVITE AN AUDIENCE ALONG

Build in-roads to audiences via exclusives, integrations, or collaborations.

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NOTHING DRAWS A CROWD

LIKE A CROWD

Generate momentum early on - creating a snowball effect and self-fulfilling prophecy

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RATE OF SHARES OVER TIME

Views per day

Shar

es p

er d

ay

50,000

40,000

30,000

20,000

10,000

0

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CREDIBILITY +

ENGAGEMENT +

URGENCY

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PERCEIVED VALUE

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THE TAKEAWAYS

EMOTIONS ARE ENGAGING

"Content that evokes high arousal emotions, regardless of their valiance, is more viral."

!

- Jonah Berger & Katherine L. Milkman

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NOTHING DRAWS A CROWD

LIKE A CROWD

“You don’t want everyone to see a piece of content. You want the people who are really excited about the content to see it.” !

- Jonah Peretti

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INVITE AN AUDIENCE ALONG

Individuals' probability of starting clapping increased in proportion to the number of other audience members already ‘infected’ by this social contagion

!

- RICHARD P MANN

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… if all else fails

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