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>