Availability
of multiple channels and huge consumer potential has confused companies, to say
the least, about its communication strategy. Everyone wants to get the largest
pie of consumer attention and grab the maximum eyeballs possible. Intense
competition has not only forced MNCs to rethink their communication strategy
but also pressurized them to toe the strategy of competitors, which more than
often is a mistake. Each company has its own fabric of connecting with consumer
and it’s necessary to retain own self while exploring ways to connect with
them. Each Brand Campaign consists of constraints in the form of budget and
opportunities in the form of Channels, Technology & Creativity. Given the
present scenario, where advertisers are tightening the nooses around
communication spend; it becomes more important to use the resources judiciously
and effectively. Brands have to more certain about the audience it wants to
cater, its value proposition and effective channels. Advent of social media
does not mean that each and every brand has to be equally aggressive on this
platform. Exposing itself in social platforms along with connecting with consumers
also bring a challenge of being attentive to consumer continuously. Companies
need to understand where their strength does and weakness lies and should
create their communication strategy accordingly. For example, campaign
targeting rural segment of the society would be more effective through print
medium rather than online platform. Each platform has its own set of strength
and weaknesses, it makes more sense to be focused and effective than
Omni-present and cluttered
No comments:
Post a Comment