the infinite conversation

Digitization has fundamentally re-wired our lives… we are now living in a constantly on, omni-directional and hyper-connected world, which is facilitating a profound shift in the way our society operates. It’s a world where brands and individuals’ activities are there for all to search out and share – we are all now, more than ever, defined by how we behave.

The era of mass marketing is over and media fragmentation is accelerating exponentially – the consumer is in control and is re-defining their relationship to commerce, brands and their marketing strategies. The only way to attract and hold on to the modern consumer is to keep talking to them on their terms, through their networks, by adding value to their lives and establishing a new kind of relationship with them through open and adaptive dialogue.

Word of mouth has always been cited as the most powerful reason in ‘the decision to purchase’, establishing trust, and, in the commitment to start and develop new relationships. Creativity, community and collaboration are trademarks of human nature – conversation has always been at the heart of our society. The infinite conversation describes a new paradigm in which we all now exist, and a communication strategy, that embraces both social media and human nature. It represents a shift in behaviour that must be employed by brands, businesses and individuals, for them to thrive and survive in the networked world.

What do you think?

frictionless media – Paul Kurzeja

 ‘To find something comparable, you have to go back 500 years to the invention of the printing press, the birth of mass media’

Rupert Murdoch 

Way back then content was a protected commodity – by the church or powers that be…

the invention of the printing press made it available to the masses….

Content then became a PROFIT COMMODITY – ie media company’s could charge around content types and audiences they attracted…

We are now moving to an era when content is becoming a FREE COMMODITY or nearly free

and more importantly distribution is free….

We now moving to a era of frictionless media – and the infinite conversation

Because of this, Marketing (and advertising)

– in fact any part of the media industry

is also fundementally shifting from….

from…. OLD MARKETING

which looks a bit like this…  10 pin bowling

where you would get a big idea – take a run up – throw it at an audience – down a simple channel – and see what happens

This was driven by ….scarcity of choice of channel…which created a large captive audiences

….New Marketing is more like this

a Pinball machine

– where you fire off an idea and get it to bounce around and stay in the game as long as possible through interaction

technically put…

Leveaging scare attention (lack of time) and creating interaction among communities with similar interests

for us at Redwood this means….

Creating a long term conversation through multi-channel content, and in an era of frictionless media – where anyone connected can be a media outlet – creating content that has value for both brand and consumer where time is the finite resource

(notes from a recent speech)

 

What do you think? 

 

  • May 2024
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