Becoming part of trending conversations has become the name of this game, to not only promote products or services but also to increase engagement with customers. Here are guidelines for the marketer on the prowl
This photo taken on June 22, 2018 shows an Indian worker adjusting an Amul dairy products billboard on the side of a building in Mumbai. - Cartoons featuring everything from a pink and round-faced Donald Trump to cricket and Bollywood have been delighting Indians for half a century with pun-filled takes on the world's biggest news stories.
Image: Punit Paranjpe / AFPÂ
Athletes’ win, the Indian army’s successful mission, decisive cricket matches, popular television series, or highly trending memes have one thing in common—these are all possible moments for brands to increase their engagement with customers. Better known as moment marketing, it is a brand’s ability to gain from ongoing events (or moments) by quickly creating communications around such events and inserting itself in trending conversations.
For the better part of this campaign’s life, it has been running purely offline, and by offline standards, it has been “quick†to issue communications on the topics in the news. The turnaround time for Amul to launch new versions of these advertisements has been about three days to a week. However, due to the proliferation of high-speed internet and real-time consumption of internet media, in today’s time, to be “quick†has reduced to merely a couple of minutes of the news of the moment within which brands must launch their communication. Further, this speediness has increased the number of topics that brands can cover, and thus numerous topics have become “moments.â€
Since trends in moments change extremely rapidly, brands have started hijacking not only the important topics (such as a win in international sports or national/international news) but also trivial subjects (such as memes like “aur ye humari pawri ho rahi haiâ€). Becoming part of trending conversations has become the name of this game, to not only promote products or services but also to increase engagement with customers. Therefore, brands should be quick as a flash to react to moments and to engage in trending conversations.
[This article has been reproduced with permission from the Indian School of Business, India]