Decline of trust, rise of anti-marketing

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  1. 1. TRUST DECLINE & ANTI-MARKETING Gerry McGovern @gerrymcgovern
  2. 2. The Panama Papers
  3. 3. 3 Customer Carewords Ltd. customercarewords.com
  4. 4. BIGGEST decline in TRUST since Edelman started measuring
  5. 5. 77% 31% 42% 27% 76% 32% 9% 2% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% Happy? Stressed? Trust Religious Leaders Trust Politicians 2012 2017 2017: 28,600 young people in 30 countries
  6. 6. 10 Customer Carewords Ltd. customercarewords.com 87% of B2B BUYERS say that content has an impact on vendor selection Social Media Today 9% of B2B BUYERS trust vendor websites CMO Council
  7. 7. What are the key characteristics of content that had a meaningful impact on your perceptions of a brand? Contained timely or unique information
  8. 8. What is the main reason a piece of content did not succeed in making a positive impression? Seemed more like a sales pitch
  9. 9. FOCUS ON CUSTOMERS Gerry McGovern @gerrymcgovern
  10. 10. #1: True Customer Obsession #1: Focus on the user and all else will follow #1: Truly understand customer needs
  11. 11. 16 Customer Carewords Ltd. customercarewords.com 0% 2% 4% 6% 8% 10% 12% 14% 16% 18% 20% 2003 2005 2007 2009 2011 2013 Customer Value Brand Value Source: HBR Declining Value of Brands
  12. 12. CURRENT CUSTOMERS Gerry McGovern @gerrymcgovern
  13. 13. 0% 10% 20% 30% 40% 50% 60% 70% 80% 2000 2005 2010 2017 TRUST SHIFT From Me & My Brands to Me & My Friends Me & My Friends Me & My Brands Source: Pew, Edelman, Gallup, Eurobarometer
  14. 14. 19 Customer Carewords Ltd. customercarewords.com
  15. 15. 21 Customer Carewords Ltd. customercarewords.com People really like it and so they tell other people about it." Steward Butterfield, Slack Founder
  16. 16. NOT OPINION Gerry McGovern @gerrymcgovern
  17. 17. 23 Customer Carewords Ltd. customercarewords.com MailChimp analyzed over 40 million marketing emails Best subject lines: 60-87% open rate Worst subject lines: 1-14% open rate
  18. 18. 24 Customer Carewords Ltd. customercarewords.com Best Subject Lines Worst Subject Lines [COMPANYNAME] Sales & Marketing Newsletter Last Minute Gift - We Have The Answer Eye on the [COMPANYNAME] Update (Oct 31 - Nov 4) Valentines - Shop Early & Save 10% Source: Mailchimp study
  19. 19. 25 Customer Carewords Ltd. customercarewords.com
  20. 20. NOT FAKE Gerry McGovern @gerrymcgovern
  21. 21. Sarah Parmenter, sazzy.co.uk
  22. 22. Sarah Parmenter, sazzy.co.uk
  23. 23. Sarah Parmenter, sazzy.co.uk Likes 79 Clicks 521 Likes 1 Clicks 0
  24. 24. YOUR CUSTOMERS JOURNEY Gerry McGovern @gerrymcgovern
  25. 25. 32 Customer Carewords Ltd. customercarewords.com
  26. 26. 33 Customer Carewords Ltd. customercarewords.com Kreftforeningen jobber med forbedre sitt tilbud p nett. 1 2 3 4 5 6 12 16 45 1. Treatment 2. Symptoms 3. Preventing TOP MEDIUMSMALL TINY
  27. 27. Tasks Total Vote % of Total Vote 22950 60 Volunteer 99 0.4% 61 Give gift to the Cancer Society 92 0.4% 62 The Varde center (opening hours, contact details, quotations) 76 0.3% 63 Local offices of the Cancer Society 74 0.3% 64 Aids (prostheses, wigs) 73 0.3% 65 Online shop (Pink Ribbon, Livestrong bands) 64 0.3% 66 Employees of the Cancer Society 61 0.3% 67 Sexuality and cancer 49 0.2% 68 Press releases 47 0.2% 69 Vacancies 35 0.2% 70 Donation in connection with funeral 26 0.1% 71 Annual statement for tax return 25 0.1% 72 Testament - help with writing will/testament 25 0.1% 73 Businesses - how to support the Cancer Society? 23 0.1% 74 Change / register information about the donor / membership 19 0.1% 75 Starting a collection 18 0.1% 76 Annual report of the Cancer Society 16 0.1% 77 Memory Gift ("In memory of ...") 13 0.1% 78 Legacy gift (how to give ) 11 0.0% 79 Tax deductions for donations to the Cancer Society 11 0.0%
  28. 28. Gerry McGovern @gerrymcgovern
  29. 29. 38 Customer Carewords Ltd. customercarewords.com 87% PAGE REDUCTION Total pages reduced from 4,000 to 500 Conversion rate 100% up Emails to customer service down by 35% Customer satisfaction ratings up 38
  30. 30. 2 enquires a week
  31. 31. $1 M
  32. 32. 42 Customer Carewords Ltd. customercarewords.com
  33. 33. Deleted 50% of all content Visits to product pages increased by 520%
  34. 34. 44 Customer Carewords Ltd. customercarewords.com @gerrymcgovern
  35. 35. 45www.customercarewords.com +353 87 238 6136 @gerrymcgovern [email protected] Thank you customercarewords.comWWW.