Contactless Payments’ Time Has Come

N ot so long ago, marketing consumer products felt like a genteel game of lawn tennis: Established competitors invested in creative with long lead times, using proven models of TV and big-box retail, alongside trusted agency partners. Today, it’s more like a sprawling contest of mixed martial arts, with new competitors playing by different rules; an unprecedented complexity of channels, content and partners; and a step change in speed and ways of working that has punches flying at incumbent consumer products companies. Fueling the blur of combat is a radical shift in brand growth models. Within the span of most executives’ careers, advances in technology have reshaped how consumers engage with brands. In the US and UK, more than 60% of consumers now discover products online, and 85% of millennials trust reviews from a faceless stranger more than traditional advertising. The same technology advances have dramatically altered the competitive landscape. CMOs can no longer forecast forward their current profit pools only by looking to fill in geographies and nearby product market segments. That process risks ignoring the industry’s disruptive trends, as profit pools shift quickly from products to services to experiences and communities, and as mass products evolve into new segments with accelerating personalization. Growth strategy today requires consumer products companies to look “present forward” and “future back”—to create a faster horse while envisioning the car—in order to define new growth platforms beyond their current products, business model and capabilities. Upgrade Content Creation Capabilities Fueling the blur of combat is a radical shift in brand growth models. Within the span of most executives’ careers, advances in technology have reshaped how consumers engage with brands. In the US and UK, more than 60% of consumers now discover products online, and 85% of millennials trust reviews from a faceless stranger more than traditional advertising. The same technology advances have dramatically altered the competitive landscape. However, the transformation still required across the industry is significant, involving far-reaching changes to consumer products companies’ growth models and the largest buckets of their discretionary spending. And it’s urgent, as consumers and new competitors are moving faster than incumbents can react. “I cannot give you the formula for success, but I can give you the formula for failure. It is: Try to please everybody.” DAVID OSWALD What’s the right path forward? Reinventing the brand growth model requires more than a reallocation of marketing budget to digital. CMOs need a reassessment of growth platforms and future brand portfolios, a new understanding of the consumer journey, a supporting strategy on data and technology. The consumer journey has fundamentally changed, and so has the role of the brand manager. Once guardians of the brief to agencies, today they must lead hands-on content generation, data management.The post Contactless Payments’ Time Has Come first appeared on MFJ Invest | Účtovníctvo, mzdy a personalistika, dane.

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Lithuanian VASP

What’s Included: Lithuanian Company with VASP License.Virtual IBANs in EU for SEPA and Instant SEPA Transfers for B2B and C2B Traffic.SWIFT available for bulk flows of company funds.ILS Disbursements Available as local payments to related service compa

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How Easy Is Time Tracking in OTRS?

Using OTRS for time accounting offers businesses lots of flexibility. Learn more about how this can be done.

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SPI in Poland with Mastercard Partnership

Registered and licensed in 2023.Associate partnership with MasterCard.Clean history company with no previous activity.Active license.Assistance with bank account opening. The post SPI in Poland with Mastercard Partnership appeared first on C2B Payments.

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The best time to

You will begin to realise why this exercise is called the Dickens Pattern (with reference to the ghost showing Scrooge some different futures) as you notice that the idea of this exercise is to hypnotize yourself to be aware of two very real possibilities

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Time to change your

You will begin to realise why this exercise is called the Dickens Pattern (with reference to the ghost showing Scrooge some different futures) as you notice that the idea of this exercise is to hypnotize yourself to be aware of two very real possibilities

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