Adapt or Die: How Agencies Must Evolve to the Changing Digital Landscape

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Transcript of Adapt or Die: How Agencies Must Evolve to the Changing Digital Landscape

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Adapt or Die: How Agencies Must Evolve to the Ever-Changing Digital

Landscape

Today’s media landscape is evolving at an unprecedented rate

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BLACK & WHITE TV

FIRST SATELLITE

BROADCAST

RISE OF CABLE TV

MORE ADVERTISER-SUPPORTED NETWORKS

DIGITAL AND

INTERNET REVOLUTION

SMARTPHONES HDTV TABLETS OVER-THE-TOP DISTRIBUTION

CHANGE IS ACCELERATING.

1950s 1960s 1970s 1980s 1990s 2000 - 2005 2006 - 2011

2012 AND BEYOND

XBOX LIVE CAMERA IN DEVICES/TV-

LEARNING THE CONSUMER

TARGETED ADS

PERSONALIZED RECOMMEND-

ACTIONS

ENHANCED CONTENT SEARCH

CAPABILITIES

CLOUD-BASED CONTENT DELIVERY

SOCIAL TV DIGITAL RADIO VIA MOBILE AND

TABLET APPS

DVR FIRST DOWNLOAD-

ABLE CONTENT

SOLD

MP3 PLAYERS

VIDEO STREAMING

DIGITALTV

CONNECTED WORLD

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Infinite devices & channels

Finite time & attention

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But the object remains the same

Right •  Audience

•  Format

•  Creative & Message

•  Setting (Time, Place, Context)

Reach

Drive •  Relevance

•  Receptivity

•  Attention

Influence

Maximize •  Response

•  Outcome

Impact

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Veracity

Data Uncertainty Managing the reliability and predictability of inherently

imprecise data types

Velocity

Data in Motion Analysis of streaming data to enable decisions within

fractions of a second

Volume

Data at Scale Terabytes to

petabytes of data

Variety

Data in Many Forms Structured, unstructured,

text, multimedia

more and more signals to better understand a consumer

Just having data is no use unless it can be turned into…

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Value

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Use a combination of analytical capabilities

What happened? Mining past data to report, visualize, and understand what has already happened — after the fact

Descriptive

Why did it happen?

Leverages past data to understand the underlying relationship between data inputs and outputs to understand why something happened

Diagnostic

What can I do more?

Determines what “value add” can be provided before the consumer realizes the need

Pre-emptive

What will happen?

Determines which decision and/or action (“what if”) will produce the most effective result against a specific set of objectives and constraints

Predictive

What should I do?

Investigative data to proactively seek opportunities to target (emergent outcomes)

Prescriptive

Sense & Respond Predict & Act

Hindsight Insight Foresight

Data-to-decisions process

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Volume Variety

Velocity Veracity

Data Actions Insights

Audience (Who)

Message (What)

Time (When)

Channel (Where)

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Valu

e

Event

Data captured

Insights delivered

Action taken

Time

Action time

Improve response time to opportunities

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Information Capture, transform and visualize relevant data

into meaningful business metrics

Input to Outcome

Insights Identify underlying drivers, patterns, & trends; understand

behavior and predict outcome

Impact Operationalize data driven decisions to realize sustainable business value and

competitive advantage

Focused at helping brands bridge

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Enlighten

Creating Insights To

Empower

Leveraging Data To

Enable

Using Partners To

A closed-loop phi losophy

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THANK YOU