Increasing complexity in the Consumer Packaged Goods and Retail industry has emphasized the significance of continuous collaboration towards creating sustainable competitive differentiation. Infosys believes that you can derive value through seamless integration of technology, systems, processes and people to enhance the service experience.

« Sneak preview of iCATalytics integration capabilities with SAP Solutions – Part 3 | Main

Is Engagement about deals or more?

Much has been said about of the ability of social media as enablers for brands to connect with consumers in a “two way dialogue”. But to entice the consumers into this engagement is largely through traditional marketing tactics like discounts and promotions.  What's really going on is that companies and brands are amassing followers by offering coupons, freebies and access to exclusive deals. So it’s not so much about passion for a brand or brand’s values but about deals.

But is that something to worry about?

Brands are using discounts or freebies to increase the affinity for brands and the likelihood to purchase, build and safeguard brand reputation, get new product ideas, gather feedback, demographics and other information from consumers. It helps them drive traffic to brand sites, where visitors are engaged via new marketing techniques. These brands are taking their chances to connect with the consumers and equipping themselves with key consumer insights for brand war of future.

Eventually the motive is to shift focus from brand awareness and impressions to driving people to make purchases and spread the word about products and services they use. Studies suggest that consumers do get influenced by digital interactions with a brand and there is a relationship seen between digital interaction and sales.

Is it worth the investment? Maybe, if not, at least consumers will choose to converse with a savvier and trendy partner or one simply offering them a better deal.

TrackBack

TrackBack URL for this entry:
http://www.infosysblogs.com/collaborative-analytics-mt/mt-tb.fcgi/14

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)

Please key in the two words you see in the box to validate your identity as an authentic user and reduce spam.

Subscribe to this blog's feed

Infosys on Twitter