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Presented by Florence Ki Chief Operating Officer Yayasan Inovasi Malaysia Innovation in Marketing

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Page 1: Innovation in Marketing - Florence Ki...Marketing Innovation Incremental or Significant Change . Marketing Innovation Happening Around The World Product Innovation: Tamagochi in the

Presented by

Florence Ki Chief Operating Officer

Yayasan Inovasi Malaysia

Innovation in Marketing

Page 2: Innovation in Marketing - Florence Ki...Marketing Innovation Incremental or Significant Change . Marketing Innovation Happening Around The World Product Innovation: Tamagochi in the

FLORENCE KI

?

Chief Operating

Officer

Blogger

Digital Marketer &

Brand Management

RunnerHiker

Traveller

Learning Individual

Mother

???ICSAMBA

Page 3: Innovation in Marketing - Florence Ki...Marketing Innovation Incremental or Significant Change . Marketing Innovation Happening Around The World Product Innovation: Tamagochi in the

The Pain of Entrepreneur

01Price Competition

02Market Retention & Expansion

03Inconsistent Sales Growth

04Inefficient Delivery System

05Lack of Budget for Promotion

MARKETING INNOVATION

Page 4: Innovation in Marketing - Florence Ki...Marketing Innovation Incremental or Significant Change . Marketing Innovation Happening Around The World Product Innovation: Tamagochi in the

01 Product design

& packaging

02 Placement &

Distribution

channel

03 Pricing model

04 Promotion &

branding

“New method of communicating and

delivering value via an offering to the customers

for the purpose of selling”

MARKETING

INNOVATION

Long Term Pain Reliever: Marketing Innovation

Incremental or Significant Change

Page 5: Innovation in Marketing - Florence Ki...Marketing Innovation Incremental or Significant Change . Marketing Innovation Happening Around The World Product Innovation: Tamagochi in the

Marketing Innovation Happening Around The World

Product Innovation: Tamagochi in the 90sDistribution Innovation:

7-eleven parcel lockerPricing Innovation : Flat pricing model

Promotion & Branding Innovation : Google Challenge the norm: Branding is about CHANGE

Page 6: Innovation in Marketing - Florence Ki...Marketing Innovation Incremental or Significant Change . Marketing Innovation Happening Around The World Product Innovation: Tamagochi in the

TODAY, delivering value is no more LINEAR

Source: Vidar Andersen

Page 7: Innovation in Marketing - Florence Ki...Marketing Innovation Incremental or Significant Change . Marketing Innovation Happening Around The World Product Innovation: Tamagochi in the

TODAY, Company Optimise Prospects to Expand Marketing Funnel

CONSUMER BECOME PRODUCERSelling made more convenience via online. Technology moved in. Easy to reach anyone in the world.

Source: Vidar Andersen

Page 8: Innovation in Marketing - Florence Ki...Marketing Innovation Incremental or Significant Change . Marketing Innovation Happening Around The World Product Innovation: Tamagochi in the

CUSTOMERS INTO

YOUR WORKFORCE

FRIENDS INTO

CUSTOMERS

CONVERT

STRANGERS

INTO FRIENDS

Flip The Funnel

Page 9: Innovation in Marketing - Florence Ki...Marketing Innovation Incremental or Significant Change . Marketing Innovation Happening Around The World Product Innovation: Tamagochi in the

SUPPLY DEMAND

CONTINUOUS INNOVATION

Page 10: Innovation in Marketing - Florence Ki...Marketing Innovation Incremental or Significant Change . Marketing Innovation Happening Around The World Product Innovation: Tamagochi in the

If a product doesn’t solve a problem or

need, no amount of Promotion or

Branding exercise is going to make a

sustainable success

Page 11: Innovation in Marketing - Florence Ki...Marketing Innovation Incremental or Significant Change . Marketing Innovation Happening Around The World Product Innovation: Tamagochi in the

OLD MARKETING NEW MARKETING

Virality driven by flash Virality driven by content

Group customers by demographics Group customers by behavior & interest

Content controlled by marketers Content generated by users + entreprise

One Way Communication Brand is Dialogue

Experts review Users review

Platform specified Campaign specified

Top down strategy Bottom up approach

Estimate Census

Impression Engagement

The New Rules of Promotion & Branding

PERMISSION MARKETING IS THE NEW ORDER – so ask !

Page 12: Innovation in Marketing - Florence Ki...Marketing Innovation Incremental or Significant Change . Marketing Innovation Happening Around The World Product Innovation: Tamagochi in the

Content ranked the SAME as customer

Page 13: Innovation in Marketing - Florence Ki...Marketing Innovation Incremental or Significant Change . Marketing Innovation Happening Around The World Product Innovation: Tamagochi in the

Video

Articles

Infographics

Podcast

Community Forums

Events

Games

Quiz

TYPES OF CONTENT

Ebook

Case

Study

Press Release

Page 14: Innovation in Marketing - Florence Ki...Marketing Innovation Incremental or Significant Change . Marketing Innovation Happening Around The World Product Innovation: Tamagochi in the

SOCIAL

MEDIA

MARKETING

EMAIL

MARKETING

VIRAL

MARKETING

SEARCH

ENGINE

MARKETING

AFFILIATE

MARKETING

PAY PER

CLICK

MARKETING

SEARCH

ENGINE

OPTIMIZATION

INFLUENCER

MARKETING

Inbound Marketing via Digital Platform

“Be found by customers instead of

actively seeking them out”

Page 15: Innovation in Marketing - Florence Ki...Marketing Innovation Incremental or Significant Change . Marketing Innovation Happening Around The World Product Innovation: Tamagochi in the

TREND TO LIVE HEALTHY ASSOCIATION WITH MAJORITY OBESE WOMEN

Page 16: Innovation in Marketing - Florence Ki...Marketing Innovation Incremental or Significant Change . Marketing Innovation Happening Around The World Product Innovation: Tamagochi in the

MOTIVATE THE LOW RISK TAKER SOCIETY HUMAN FEAR

Page 17: Innovation in Marketing - Florence Ki...Marketing Innovation Incremental or Significant Change . Marketing Innovation Happening Around The World Product Innovation: Tamagochi in the

EDUCATIONAL

& KNOW-HOW08

Compelling

Content

SIMPLE TO

UNDERSTAND07

TESTIMONIAL &

DEMONSTRATION

06

CURRENT &

EMERGING

TREND

01

LAUGHTER,

AMUSEMENT &

ENTERTAINING

02

INSPIRATIONAL

& MOTIVATING03

AWESOME

& AMAZING

04

INTERACTIVE 05

Innovative Content Strategy

Page 18: Innovation in Marketing - Florence Ki...Marketing Innovation Incremental or Significant Change . Marketing Innovation Happening Around The World Product Innovation: Tamagochi in the

“Business has only 2 functions

Innovation & Marketing”

- Milan Kundera

Page 19: Innovation in Marketing - Florence Ki...Marketing Innovation Incremental or Significant Change . Marketing Innovation Happening Around The World Product Innovation: Tamagochi in the

FOLLOW ME

www.florenceki.my

@florenceki

www.facebook.com/florencekiclickwebsuccess

https://www.linkedin.com/in/florenceki

@florence_ki

Florence KiChief Operating OfficerMalaysia Innovation Foundationwww.yim.my