balloon blog's Digital Ones to Watch in 2011…
2011 promises to be quite a year virtually speaking; Social Media, Mobile, TV and good old email are all set to see (yet another) revolution. So with all this is mind here are balloon dog's predictions for what will, won't and we want to be big in 2011…
Social Shopping: What is it?
Technically:
Social Shopping is a method of e-commerce where shoppers' friends become involved in the shopping experience
And not so technically:
A way for e-tailers to occupy SoMe space to recreate an actual shopping mall experience
Telling it like it is:
Shopping on SoMe so you and your mates can talk about the stuff you want before you buy. Peer recommendations are even more convincing when from a friend.
What it can do for clients?
Give insight into customers’ wants, grow market through product sharing, boost SEO, open a portal for targeted conversations, drive recommendations
How big will this be in 2011?
Economy-sized. Facebook already have brand portals and in time they’ll have their own retail arm too
Facebook Credits: What are they?
Technically:
Facebook’s secure internal currency that can be exchanged for games, accessories, virtual gifts and apps
And not so technically:
Paypal-style way of enhancing your life on Facebook in a similar model to that of ‘Second Life’ without having to use PayPal
Telling it like it is:
Right now a way for people to buy souped-up tractors for Farmville. In the near future you’ll be able to buy anything for anyone.
What it can do for clients?
If you’ve a product or service that can be retailed, gifted, discounted, recommended, delivered or shared, then shed loads!
How big will this be in 2011?
Its Facebook; it could be family-sized with 20% extra free! The only limit is how fast they want to grow it, but given that credits are available in Tesco I doubt they’re looking to hang about
Social Media Subscriber Targeting
What is it?
Social Media’s greatest potential marketing weapon and as we continue to move from search to share, Google’s Room 101
How so?
As you share, like or indulge in Social Shopping so Facebook et al will sell that info on to advertisers and marketers allowing for a greater level of targeting than ever before, and in real time. Think of it as geo-targeted Pay per Click (PPC) on steroids
Cor lummy, sounds a bit 1984!
It is, and caution will be required. SoMe and privacy is already a sensitive issue and many SoMe users don’t want their space invaded by ads or their personal info traded. That said, many will welcome being told about stuff they’ll like, with fashion, travel and leisure likely to be the early adopters
What it can do for your clients?
In terms of customer insight and targeting, everything. And in time it could replace PPC and revitalise banners with a far lower CPC
How big will this be in 2011?
Trial pack size but with money off next purchase coupon. Caution will be key for both brands and, even more importantly, SoMe sites
2011 – The Year of the Mobile (again)?
If you believe the digital press then yes, and here’s why…
• According to PWC, mobile marketing spend rose 32% in 2009 to £37.6m and by 2014 will top £340m. The same report suggests that mobile browsing will surpass desktop by 2014
• The app market is predicted to grow to $17.5bn by the end of this year
• 35% of UK mobile owners use it to web browse – of which 63% use it for SoMe
• Smartphone usage grew by 70% in the UK in 2010
• Handsets and bandwidth are getting cheaper as we see life beyond iPhone (heaven!). In January 2010 AdMob saw 1bn requests from Android phones – this will rise exponentially in 2011
• Tablets (iPad etc) have made mobile browsing easier. Apple expect to sell 65m iPads in 2011 and the network ‘3’ now sell more 3G dongles than phones
• Improved security and near fulfilment technology (a way of ensuring transactions go through) will be another big boost to mobile commerce. Large companies – such as John Lewis last November – are building mobile-friendly sites which will only help adoption
What’s in it for marketers?
Plenty. Plenty good… plenty bad!
How so?
Mobile’s (another!) digital game-changer and the phrase ‘adapt or die’ couldn’t be more apposite
So what should you do?
Build mobile-friendly sites and include mobile comms strategies into your 2011-2012 plans
And if our clients aren’t as rich as a cream-coated chocolate Croesus?
Get an app. As an interim measure it can solve a lot of woes and won’t cost the earth
Anything else?
Mobile's no longer the future; it's the present and the future and the future's coming and you can’t run from it!
Google TV: The dampest squib since Cyril the squib got his water wings?
What is it?
It’s where TV meets web. Web meets TV
How so?
It allows you to get the interweb through your TV with the addition of a Google TV box or a pre-prepared TV (available this year from Sony, Toshiba etc). This will make interactive telly and streaming movies, music and games a live reality
Sounds great!
Shame it isn’t. Take-up in the US has been poor and a legion of TV networks have barred access to it
Oh, shall we ignore it then?
This is Google, we can’t ignore it
Is there anything in it for clients then?
No… not yet. Despite the hype since its launch last May it’s yet to set the world alight. With Google’s might and content, however, and the drift to consuming content on-demand online it can only be a matter of time before TV and web advertising converge
How big will this be in 2011?
Free-sample sized with the capacity to become the next sliced bread
Interactive Email: What is it?
Technically:
Using a platform such as Hotmail’s Active Views you can use Java in email to deliver live content without people having to click through
And not so technically:
It’s email that allows recipients to receive content that’s always in date and which allows them to take actions on a site from their inbox
Telling it like it is:
Thankfully, you’ll never get an offer for a sold-out Justin Bieber gig again and responding to a tweet can be done from your inbox
What it can do for your clients?
Loads. You need never disappoint on a limited offer again, interaction with brands is quicker, news can be updated so mails don’t date and targeting can be improved
How big will this be in 2011?
It deserves to be bigger than multi-pack Monster Munch on BOGOF. Sadly it probably won’t be; most people don’t do basic mail well and the investment will go elsewhere
Right, that's our colours nailed to the mast. Whether we'll turn out to be Nostradamus or Doris Stokes only time will tell, but one thing is certain; it's going to be fascinating finding out…