
[Image nicked from www.thehalfpat.com - thx guys]
I think we're entering a new era of value. Human value, brand value, product value, living value -- customer value.
As we fitfully - hopefully - emerge from the worst economic downturn in a generation, I think we are marking not only a cyclical economic moment but a more singular step- change which is the second phase of the digital living evolution.
The first 15 years of the consumer digital living ‘revolution’ was as disruptive and chaotic as it was exciting and value-laden --- for brands and consumer alike.
This next phase is an evolution of that disruption to a more settled state --- a state where consumers are a lot more comfortable than brands and product marketers in how to live in this converged world, how to navigate it’s terrain, how to extract and inject value according their increasingly personalised and immediate needs.
TT The brands that get this, first and truly, will be the new winners of this next phase, this “post-digital phase” of the consumer, brand and marketplace ecosystem.
T To get this – regardless of your category – a brand must learn some very specific lessons from the first “digital” phase of this revolution.
· Access is ubiquitous
· Content, media, applications & services have merged
· Consumer expect “free” more often than not
· Although access is everywhere, old-school toll-roads still remain
Most brands continue to plan, wage and react to the last war.
Brands ready for this post-digital fight are plotting to apply their lessons learned in critical, strategic ways ---
· The consumer day is fast exceeding 24 hours of consumption/input/output/productivity/entertainment (thank you multi-tasking)
· The ones to watch and engage with – regardless of your category – are the young.
· This emerging customer relates and engages with brands in very different ways than the traditional customer
· Value is king – the always on consumer cares more for the immediate and enduring value of the brand provisioning than for the ‘essence of the brand’ itself.
We are not fungible, but we are mashable ---- our value is now understood, requested, delivered, consumed and SHARED in a totally fluid, messy mix of other brands’ value
This mashing up of both perceived and real consumer value requires a brand to change the way we inhabit the competitive, consumer – post-digital ecosystem,
· We must create new elastic & opportunistic partnerships and synergies with our ‘frienemies’
· We must be prepared to sit in the back seat of consideration, as we optimise towards the front
· We must utterly re-assess our pricing strategies to map to this new value ecosystem
· We must re-imagine our true and deliverable value proposition to meet the consumer in this mashedup world that they are creating
This - the next and current generation of consumer - are creating this world of mashed up consumption, input/output, purchase, sharing every minute of every day. Smart companies - brands, marketers, NGOs, political parties - must become as ‘always on' as they are. This is, essentially, our new table stakes.
Those institutions that figure this out and get there first with a fresh, available, high-value repositioning of their core product/service and brand proposition – will win.


