The 3 Fundaments of Online Strategy – Revised
Almost a year passed by since I wrote The 3 Fundaments of Online Strategy.
Since then much has rapidly evolved, ubiquity is becoming a new standard.
New media devices are being released which expands the amount of channels and touch points for consumers. This challenges companies on a fast pace, keeping up with (technical/cultural) developments in order to offer that what consumers demand.
Emphasis must be put on mobile devices and how they change and add value to the marketing strategy.
The Online Strategy extends from the computer to all sorts of mobile devices which are being increasingly used in daily lives.
Every screen consists an application of its own three fundaments, moulding it in an integral marketing strategy.
The key is not to copy, but apply those aspects which fit the device and purpose/usage by user. Sometimes it means that it won’t be implemented, sometimes it does.
A good example is Linkedin. There’s a huge difference in purpose and final execution when you look at the “desktop” website and the iPhone app.
Another example is Lonely Planet, rapidly expanding its media exposure to the iPhone and iPad, it aren’t copies of their books or their core website. Both are well adapted products to the needs of the users in relation to the -mobile- device.
The company goes further though, it introduced as well the Lonely Planet Compass guides, an Augmented Reality application, again for the mobile device but with another purpose. The Compass Guides are a good example of the power and relevance of Location Based Services, it will grow in importance when we take into account the key mobile trend and technical pre-conditions by Morgan Stanley.
Last but not least, don’t underestimate the rise of Social TV, an extra screen to reach your target groups.
When the expanded functional strategy is formulated, be sure to evaluate your strategic options against Johnson and Scholes’ model of success criteria (Suitability, Feasibility, Acceptibility).
To reference to the hype around Social Media, jumping the bandwagon just because others do, is not based on strategic decision-making and it could harm the brand and corporate strategy overall.
It’s important to understand that this is just the beginning of mobile and understanding the effect on growth strategies and opportunities is a first step.
What’s your opinion on the expanding amount of channels and -possible- touch points with your target groups?
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