WCRC Brands Illustrated up till 15 October | Page 72

BI Trendsetters Some new techniques that ensure brands communicate the right value in today’s extremely competitive environment New Dimensions to Communicate THE BRAND’S VALUE By Arpan Jennifer Vimal I t might seem as though a sound marketing strategy should focus on the product, but in actuality it is all about the consumer. This is no surprise. Consumers are the stars of their own social media accounts and online presence. They want to purchase from companies that publicly match their own stories. “In many industries, hyper competition has eroded traditional product and service advantages, making customer experience the new competitive battlefield.”- Gartner Customer experience is the primary basis of competition among brands. In our technological ecosystem, big questions on the future always involve digital and mobile. Through the Internet and mobile revolution, today customers can easily access all the information needed to make the best purchase decision. The balance between brands and customers has shifted, and now 72 clients hold the power. The dawn of the age of the customer highlights the importance of digital marketing for the success of businesses. From new technological assets to the flow of data, from game mechanics to a cloud computing widespread adoption. Below are five major trends that are changing marketing techniques and are giving new dimensions to the digital customer experience. Integrated Engagement: The focus is moving towards platforms that ensure higher levels of engagement integrating all the different aspects of the digital strategy. The path starts with a compelling brand storytelling and goes on with social media, inbound marketing, responsive website to target mobile devices, online communities and advertising.