How brands can influence consumer behavior in the web 2.0 World

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This presentation explains how consumers interact with brands in the web 2.0 world. More importantly, how brands can influence consumer behavior using practically infinite choice of points of contact. It also describes some key components of a successful social media initiative.

Transcript of How brands can influence consumer behavior in the web 2.0 World

How Brands can influence Consumer Behavior in a 2.0 World

Web Innovation 2009

Gurgaon, 29.04.2009Sandeep BansalFounder Director, eBusiness Interactive

Web Innovation 2009 How brands can influence Consumer behavior in a 2.0 World

1.0 to 2.0

Britannica

Personal

Websites

Page Views

Publish

CMS

Directories

Stickiness

Wikipedia

Blogs

CPC

Participate

Wiki

Tags

Syndication

Web Innovation 2009 How brands can influence Consumer behavior in a 2.0 World

Web 2.0

PowertoPeople

clusters ofInfluencers

YOU

ME

HIM

HER

Web Innovation 2009 How brands can influence Consumer behavior in a 2.0 World

BrandCollection of

Experience & Associationsacross all forms of

Interactions

Web Innovation 2009 How brands can influence Consumer behavior in a 2.0 World

ConsumersBasic Expectations

Trust & Competence2.0 Landscape

Consumers trustpeople like them

Photo Credit: http://www.flickr.com/photos/svenwerk/107267802/

so where to start

everywhere

Web Innovation 2009 How brands can influence Consumer behavior in a 2.0 World

Adopting Interactions

Corporate Blogs

Multimedia Content

Advisory Services

Facilitation Networks

Community Initiatives

Virtual World elements

Resource Syndication

Web Innovation 2009 How brands can influence Consumer behavior in a 2.0 World

Interaction LandscapeWeb SiteCompany InformationProducts & ServicesCustomer Service

BlogsCompany InsightsCustomer ResearchEngaging

CommunityIndustry InsightProduct DevelopmentResourcefulOwnershipPermanence

Social NetworksFriendlyHelpful

Outreach Apps

AdvertisingCore ValuesBrand Message

Web Innovation 2009 How brands can influence Consumer behavior in a 2.0 World

Depth of

Engagement

RecommendableAttractive Interactive

Need fulfillment

Useful

Pillars of Social Interaction

EnjoyUsing

Talks toME

Reacts to ME

Benefit MY friends?

People Cluster Imagebuild

Communities

Photo Credit: http://www.flickr.com/photos/sifah/414239977/

Web Innovation 2009 How brands can influence Consumer behavior in a 2.0 World

Collaboration

DemocracyTransparency

Communities

Web Innovation 2009 How brands can influence Consumer behavior in a 2.0 World

Communication

Broadcasting won’t influence,

Facilitation will

Web Innovation 2009 How brands can influence Consumer behavior in a 2.0 World

TellAdvertise

One to ManyReviews

BroadcastBrand Loyalists

TalkSocializeMany to ManyRecommendsFacilitateBrand Friends

Social Media Landscape

Objectives

Action

Web Innovation 2009 How brands can influence Consumer behavior in a 2.0 World

Challenges

Acquiring Internal Sponsors

Compliance

Metrics Vacuum

Web Innovation 2009 How brands can influence Consumer behavior in a 2.0 World

To influence Consumer Behavior in Web 2.0

Make People

Friends

How Brands can influence Consumer Behavior in a 2.0 World

Web Innovation 2009

Gurgaon, 29.04.2009Sandeep BansalFounder Director, eBusiness Interactive