The Power of Personalization in Marketing
This article explores the extent to which marketers should personalize data in advertisements to align with consumer preferences. Discover the benefits and challenges of hyper-personalization and its impact. Learn about the rise of F-Commerce and S-Commerce and how personalization is shaping online shopping experiences.
The Power of Personalization in Marketing
E N D
Presentation Transcript
By Hannah Lucich How far should personalization go?
Nueromarketing & Cybermediaries • Uses functional magnetic resonance imaging, a brain-scanning device that tracks blood flow as we perform mental tasks • Learn from past user behavior to recommend new purchases
Personalizing data • My article discusses marketers personalizing data on ads to match consumers preferences • “The data that gives it the ability to hyper-personalize content and ads, means both higher returns on investments for media buyers, and ideally more utility for users”
A recent JWT survey showed… • 7/10 consumers said having technology tailor information to their preferences is helpful • 8/10 consumers said they’d prefer to see everything unfiltered and sift through info on their own • 86% expressed curiosity as to what was being filtered out of their stream
F and S Commerce? • With Facebook and other types of social media being so popular, the new terms F-Commerce (Facebook commerce) and S-Commerce (Social Commerce) are of growing interest • In 2011, $5 billion goods were sold via S-Commerce • Grubwithus
Questions • What do you think about personalizing advertisements for consumer preferences? • http://www.adweek.com/news/advertising-branding/how-far-should-personalization-go-138214