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Presentation at the International Business School of the Hanze University.Elaboration on key changes and developments from the supply and demand side, leading to the implications and transformation for organisations and its business.
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PresentationInternational Business School
“Understanding how the web changes the organization of business and the business of organization”
Introduction: Who am I?
Gianluigi Cuccureddu SMP
Managing Partner 90:10 Group (Netherlands)
We are a European crowd of multi-lingual, multi-national researchers, planners, brand strategists, web developers, mobile and social media specialists.
We use methods of co-creation to deliver insight, innovation and action for organisations.
We make your products, services and communications a better fit for the intended consumer – helping to build a better business.
3
Presentation IBS| Agenda
Meeting: 13:30 – 15:00 – 24th of March
• State of Social Media
• Case
• Discussion
BUT FIRST….
WHAT ABOUT YOU?
6
Presentation IBS| Agenda
• State of Social Media
• Case
• Discussio
SUPPLY
8 years on this is how the Search Industry looks
Licensing of tools, outsourcing and development of internal teams is all required. Outsourcing accounts for 54% of spend.
Search Engine Marketing (SEM) in its early days played on the ignorance of clients and the mystery of its success. This is sadly the case for social media now.
Evolution Industry Life Cycle
Hype Cycle mechanics
Future of Open Business• Business open to its consumer.
• Social technologies offer the ability to connect with them for collaborative action in a scalable and cost efficient manner.
• By collaborating with the consumer you co-create your business output with them. An output they buy into.
• This often means cheaper and more effective service, products and communications as well as deeper consumer loyalty.
DEMAND
People have always been activists
With opinions
With
BUT!
Then: Locally
Now: Globally Connected
They are in control.Friend or Foe.
TV Ads may entertain but do they convince
Age of innocence lost
Age of Ad Innocence is lost.. Forever
Pull not push
Th
e U
ser
is t
he
Des
tin
atio
n
Feed Me!
Getting what I wantWhen I wantWhere I wantHow I wantResult:Media Fragmentation.
Culture of Niche
PersonalisationDiversificationFragmentationThe only reach is Long-tail
Power of Niche
TRANSFORMATION
So invite your greatest assetPEOPLE both
Inside
& Out
Inside
to Co-Create
NB: Applied to typical Product & Service Supply Chain
Impact to Business• Cheaper, quicker routes to
market• Greater operational
efficiencies• Direct and unmediated
relations with consumers• Resulting decreased
dependencies on 3rd party mediators (agencies & media owners)
• Less message more action driven
Impact to Market Research• Answers without questions• Global real-time data• Contextual social profiling• Massive reduction in cost• Real scale for Qual research
Answers
More Answers
Impact on Communications• Less broadcast & eyeballs• More conversational• No spin rather open transparency• Requires engagement• Requires P2P transmission• Greater ROI and conversions
This does not mean you give everything over to the mob.No you do still have a role.Create something inviting. Curate their ideas
A platform organization uses its available resources to find, connect and support those who share its Purpose.
At the heart of everything we do is the ratio 90:10. We believe that every organization can be a 90:10 one. 90% of the energy behind your output coming from outside your organization with the 10% coming from your internal resources as a platform of delivery.
30
Presentation IBS| Agenda
• State of Social Media
• Case
• Discussion
90:10 GroupCase
32
Presentation IBS| Agenda
• State of Social Media
• Case
• Discussion
33
Presentatie IBS| Discussion & questions