The article The Future of Interactive Marketing brought up some interesting
points about the direction that interactive marketing is heading towards. For
example, companies such as Pandora Internet Radio can gather information about
an individual’s choice of music, and tailor ads that best interest that
individual. According to Pandora's Wikipedia, towards the end of 2011 advertising
compromised of 88% of Pandora’s total revenue. That is quite an amazing
marketing strategy, and it is all part of interactive marketing. Thinking about
this, I realize how much interactive marketing has spread over such a short
period of time. It is definitely increasing exponentially as we move into a
digital revolution. Three of the most important takeaways from this article
include CORE, how interactive marketers can strength marketing’s CORE, and of a
thorough discussion of the future of interactive marketing.
The
acronym CORE stands for customize, optimize, respond, and empower; it is the
basic model for future interactive marketing.
As the article states “The future of interactive marketing is neither an
ideal organization nor a set of characteristics to layer into a multichannel
campaign. Rather, the future is for interactive marketers to master four
directives” listed above. An organization must customize by balancing user and
business goals; treat optimization as a discipline, not a technology; respond
quickly but not exhaustively; and empower influencers instead of exploiting them.
A main part of the article discusses what is meant by CORE.
Interactive
marketers can strengthen marketing’s core by managing critical junctions within
the organization because they bridge the customer and the business, relate
across the organization, and evangelize emerging tools. As an example of
evangelizing emerging tools, interactive marketers are always eager to learn
more about new technologies that can help them market more efficiently. As a
result some interactive marketers are always discussing new ideas to internal
and external audiences while others are teaching classic mass marketers how to
think like direct marketers.
The
future of marketing is interactivity. It is a challenge because interactive
marketing is unique to an individual’s interest. It is about relationships, and
not media. It exists in media; for example giving each user the ability to
change camera angles as they watch a football game online, ad tailor by hulu.com,
etc. It is powerful because it targets individuals based on their likes and
interests.
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