Presentation: The Past, Present and Future of Mobile for CPG Marketers
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The document discusses the evolution of mobile technology in the consumer packaged goods (CPG) sector, emphasizing the importance of risk management and relevance. It notes that 89% of grocery shoppers utilize their smartphones for in-store decision-making, highlighting the significance of mobile as a human-centric medium. The text advocates for innovation and calculated risks in leveraging mobile technologies like geo-fencing and various applications.
Presentation: The Past, Present and Future of Mobile for CPG Marketers
- 1. The Past Present and Future of Mobile for CPG
- 4. “In this very real world, good doesn't drive out evil. Evil doesn't drive out good. But the energetic displaces the passive.” -Bill Bernbach
- 5. The Past Scale + Mass Message = Success
- 6. The Present Scale + Mass Message = Success
- 7. 89% of grocery shoppers use their smartphone to help them make decisions in store
- 10. Geo-Fencing
- 12. Great Opportunity means Great Responsibility
- 13. Mobile is the most HUMAN of all media.
- 14. Innovation is everything • Rethink what is conventional • Take calculated risks • Relevance is critically important • Every technology has value – QSR to NFC – Euclid – Everything in between… 14
Editor's Notes
- #3: All business is about managing risk. Wikipedia defines risk using these two formulas. There is the first definition of risks which are high probability but have little, or low, economic impact. The second level of risk is the catastrophic risk that is very low probability but will have massive economic impact. Think about Washington Mutual or any number of banks over the last 18 months, this is the kind of risk that they assessed but determined was so unlikely as to not merit too much consideration.
- #4: Which leads me to the concept of the boiled frog. For those of you who don’t spend a lot of time cooking frogs, you may not know how to actually a boil a frog! If you put a frog into very warm water (not even hot) the frog will instantly jump out of the water. However, if you put a frog into cool water and slowly turn up the heat the frog will not react to the changing temperature and will die as the heat slowly intensifies. Agencies are boiled frogs. The heat continues to rise, the models continue to change, and agencies have assessed that the level of risk is so low as to not merit a quick jump into a new model. By the way, if you read any of the latest catastrophic environmental news, you’ll read about how the frogs dying is evidence of the massive global climate change we’re experiencing. I only mention it to ask you not to actually boil any frogs. Frog legs really aren’t that good!
- #6: QuestionsBrands have been very focused on creating one message to a huge number of people. How is Hillshire working to customize messages? Single brand creative platforms with a myriad of iterations. Allow agencies to build messaging to address specific people at specific times. Ability to connect based on the device. Working with Pandora to create custom radio stations as 82% of moms listen to Pandora with their kids in the car!Traditional econometric models were built to measure scale. How is Hillshire adapting analytics to ensure that connecting with 500,000 people who love the brand gets the recognition it deserves?
- #7: QuestionsGetting closer to the shopper is a key move for CPGs. What is Hillshire doing to move closer? QR code is the Hillshire logo Working with powerful recipe publishers to take advantage of the app usage which peaks around 1-3 Partnering with key retailers to take advantage of the app usage during key shopping times. (4-6) Geo-fencing messaging to deliver messaging while in a Walmart or Target parking lot. Mobile Couponing Connections between screens magnify the power of everythingLocation is a key determinent of intent.
- #8: QuestionsGetting closer to the shopper is a key move for CPGs. What is Hillshire doing to move closer? QR code is the Hillshire logo Working with powerful recipe publishers to take advantage of the app usage which peaks around 1-3 Partnering with key retailers to take advantage of the app usage during key shopping times. (4-6) Geo-fencing messaging to deliver messaging while in a Walmart or Target parking lot. Mobile Couponing Connections between screens magnify the power of everythingLocation is a key determinent of intent.
- #13: Responsibility to not do to mobile what we did with online advertising.