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BC NA December 2020

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DIGITAL STRATEGY<br />

74<br />

measurement and optimisation. The<br />

variety of channels is so huge now, and<br />

the ways that customers use them<br />

change so often, that brands have to<br />

be much more diligent about how they<br />

spend. Across all countries measured in<br />

our global consumer sentiment surveys,<br />

consumers revealed that they are turning<br />

to digital and reduced-contact ways<br />

of accessing products and services. In<br />

the UK, 71% of consumers stated that<br />

they had tried a new shopping behaviour,<br />

with 16% stating that they had tried a<br />

new digital shopping method. As these<br />

habits further evolve, granular data<br />

analysis and disciplined marketing-performance<br />

management will be essential<br />

for brands to stay in touch with their customers<br />

and drive MROI.<br />

In addition, we’re seeing corporate<br />

purpose, environmental considerations,<br />

the balance of individual time and all<br />

social topics (such as Black Lives Matter<br />

and diversity) driving the consumer<br />

agenda. As such, there are many potential<br />

areas for getting it wrong. Again, this<br />

is really about developing deep and<br />

meaningful connections with customers<br />

based on a deep understanding of what<br />

they care about, want, and need.<br />

“The human touch<br />

is becoming hugely<br />

important. In response,<br />

digital brands will get<br />

more human and more<br />

personal”<br />

—<br />

Jesko Perrey,<br />

Senior Partner at McKinsey & Company<br />

DECEMBER <strong>2020</strong>

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