Showing posts with label marketing. Show all posts
Showing posts with label marketing. Show all posts

November 16, 2015

The Human API: Access to the single source of truth




We all know that today a mobile device is possibly the most personal thing you carry. If you had access to a person's mobile phone (like apps do via APIs), you would have access to his location, contacts, gallery, and other personal data.
But what if an API existed to access the human data set, i.e. a human API* to access the ultimate, direct data source to understand consumers. What would that mean?
As we are aware brain scans reveal human emotional states, as well as brain stimulation in response to what is being observed. Heart, pulse rate and sweat on the body reveal truth or deception, along with facial expressions.
Today retail uses facial recognition and body scanning to provide personalized services in store. We are already seeing a lot of news about the impact of wearables with fitness devices tracking heart rate, sleep, calories burnt etc.
One of the 5 features in wearables launched in 2015 is Galvanic Skin Response (GSR) sensor technology, commonly used in polygraph testing or psychological research). Basically this tech can identify and track human emotions by measuring the electrical conductance of the skin, i.e. how much micro-sweat is present and determines simple emotions such as whether you are calm or excited!

The intersection of wearable and medical technology is being used to collect data and the human API is making this happen. 
So what is the killer app of the Human API? Think context.
IMAGINE if your target audience was watching one of your marketing videos on YouTube and you wanted to know their reaction. Possible?
IMAGINE you felt happy after watching the video, the wearable device could send a signal to auto-generate a smiley emoticon as a response to the video post. Wouldn't that be the most authentic reaction to track!
Let's take this to a step further...

Imagine a brand communication being tailored or media being programmatically bought based on not only physiological but also psychological data from wearables. Ads will actually become sentient and know how you are "feeling" at any point of time.
Could this become the next version of personalization? Could real time psychological data be used for remarketing? Theoretically yes.
The Human API is the only growth hack that Marketing will ever need. (Tweet this!)
With consumer in control of brands these days, Marketing is now realizing the importance of treating consumers as humans that have emotions. It is also now scientifically proven that ultimately feelings, not facts, overwhelmingly drive our behaviors when making decisions. 
But with the human API gaining access to our emotions, the dilemma we create (once again, after the mobile phone) is that of invasion of privacy. The answer to that is to give control to the on/off switch to the customer. But, in the first place... 
Will you be willing to give away this level of personal data to brands? Will we, humans, let advertisers access our API?
Will the advertising industry go all the way to listen to our emotions directly from the source, only because it can?
Normal people and advertising folks :), what do you think?
(p.s. Three years back when I wrote about the future of media being in the Internet of Things, we discussed how every thing and person around us had the potential to learn and share from each other. The concept of the human API enables technology to directly learn about humans by accessing their data source without human intervention. This is truly enabling the Internet of Me.)

We are Humans, not Consumers (Marketing, listen up!)



In recent years, Brands have started tapping into logic and (not or) emotions to connect with consumers however more recent research shows that ultimately feelings, not facts, overwhelmingly drive our behaviors when making decisions. 
Humans are feeling machines who think and not thinking machines who also feel. (Tweet This!)

So what does this mean for the world of brands and marketing!

1. Let your Story rise above the Medium: As the media landscape continues to evolve, we pay too much attention on the medium instead of connecting with consumers that matter. Consumers are humans. And humans don't connect with media. They interact and connect with emotions and people respectively. So before providing a logical reason for a person to buy into you, you need to emotionally connect with him. So start telling stories that emotionally connect with humans (not consumers). Weave in the story with their lifestyle and help address pain points.
2. Seamless Storytelling: While the story is more important, people do need a seamless experience for consistency in an omni-channel world. Today it might be about mobility and cross platform marketing, the future of media is in the internet of things. As our media becomes more sentient and we head towards a future with the internet of things, seamless brand storytelling will no more be an option. It is the need of the hour and one of the fastest growing trends in media today.
3. Humanize your Brand: It is our thoughts and emotions that define our beliefs and intentions, which in turn drive behaviors and resulting actions. Since emotions play a stronger role than logic in making decisions, we need to understand behaviors of individuals. And hence, if a brand can track behaviors, it can truly influence the emotions and thoughts of individuals to take desired actions that are beneficial for the brand. 
Possible? Would love to hear your thoughts on the above point of view.

June 13, 2012

Social media's big push within the enterprise (finally!)

Social CRM push inside the enterprise with Oracle and SalesForce
Six years after the term Web 2.0 was defined, it's extremely heartening to know that social media is finally entering the enterprise in a big way with the blessings of Oracle and Salesforce.com!

With Oracle's acquisition of Virtue and Collective Intellect, and Salesforce.com's acquisition of Buddy Media, social media and the new facets of customer engagement and innovation will finally begin to see the light of day within the enterprise in the form of social CRM - a key customer relationship management offering that will plug into social media platforms such as Facebook, Twitter, etc and provide the missing piece of the 360 degree view of the customer.

Through these acquisitions — and the eye-opening price tags behind them — Oracle and Salesforce.com show that the business world is getting ready for social media. It’s no longer considered a fad, definitely not just hype, and not going away any time soon. Businesses must care about social media because it’s clear that consumers already do. - Forbes

What does this mean for Marketing and IT teams?
Marketing will now be able to centrally create, publish, moderate, manage, measure and report on social marketing campaigns and activities on social media platforms such as Facebook, Twitter, YouTube and Google+.

So suit up, IT... and get ready to shake hands with Marketing and drive the social CRM story forward...  what say?

January 8, 2011

Your company's Facebook makeover: A social face with skin deep value


Two years back when I wrote a point of view on the business value of social media and what it could mean for business, I pointed out 4 underlying concepts - social networking, collaboration, broadcasting, and rich user experience. With Facebook becoming a clear leader on the web today] that leverages all these concepts, CEOs, please be advised that "Facebook is not going anywhere!".

Many wise digital marketing experts will tell you that Facebook is NOT a strategy but merely a platform for effective consumer engagement, brand management, and marketing efforts. While this is quite true (technically speaking), Facebook is no more a matter of choice but a necessity for companies today.

CIOs need to seriously take a look at leveraging Facebook as an initiative to enhance consumer engagement and viral outreach. In today's web where the network is your customer, the power of 'Like' and other social plugins must not be underestimated.

Before jumping on to the Facebook bandwagon, it is advisable to first understand your consumers and build your presence around them with a 360 degree marketing strategy that connects both online and offline worlds.

In one way, it actually a good thing that the web is dead! With users spending more time on Facebook than other websites, it makes it easier for CIOs to develop an integrated online strategy. You should nevertheless take a look at your company's online ecosystem more holistically and build the right structure and processes to continuously refine it for sustainable benefits.

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