Study ConnectedTV – What's the leading strategy?

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GoogleTV or AppleTV? How is the future of connected TV going to look like? TV and Internet companies realize the power of connected TV but are still not quite sure what’s the most effective TV strategy to go forward.

This is the main finding of a recent study conducted by MPP Global Solutions which tried to figure out which company has the best strategy to be successful in terms of the connected TV market. The findings of the study which was done during an online webinar showed that the respondents were undecided on where the successful future could be found.

The research which was called ‘Redrawing the Lines in the Battle for the Living Room’ states that just 26% of senior industry managers identified Apple’s future TV service as successful in the long run. However, this findings was also mentioned by others with 22% who saw Google-TV and Netflix (17%) as creating the right effective strategy for the future. The MPP Global Solutions study analyzed the current position of the connected TV market as a whole and the major players within the industry.

“This inconclusive result reflects the content of the discussion; that the Connected-TV market is still coming out of the early adopter phase and even major players such as Apple, Google and Netflix are still trying to identify the best approach for success”. James Eddleston, Head of Marketing, MPP Global Solutions.

Although some big companies like Google, Apple and the likes are working on their connectedTV strategy, the user is not there yet. A recent study by YouGov found out that just 35% of connected TV owners use their devices for on-demand services, with one in four (25%) having never connected it to the internet at all. It will take time until the user is following the connected TV trend as a whole. The study makers said connected TV sales is set to increase by 70% by 2016.

Spot On!
For companies trying to address the connected TV market, it is essential to develop an effective strategy for the right user experience. Until companies find some intelligent solution the user will probably stay with the magic combination: TV and the second screen: smartphones and tablets. At the moment, users love to do multitasking as we learned from the latest Yahoo and Razorfish study. The respondents of that study said 80% do multitasking while watching TV. More than 60% use their mobiles once or twice while watching TV. And I am quite sure this will stay for quite a while. Or is the split screen a solution? Or the one-in-one program as a time-shift solution? While you change to the internet, the TV program goes in a stand-by mode?

Study Gen Y: Moving communication to social networks

Many managers don’t believe that the next management generation might communicate differently from today. So, every proof we have could be beneficial to score here and it is necessary to obey the signs in every region in the world.

In India an increasing number of the Gen Y generation prefers to communicate via social networking platforms to stay connect with their peers. And they do it on mobile devices as their preferred tool for communication.

A recent survey called The GenY Survey 2011-12 by Tata Consultancy Services (TCS) asked 12,000 high school students between 12-18 years in cities like i.e. Mumbai, Delhi, and Pune from July to December 2011. It finds that a “total of 88% respondents from metropolitan cities had a Facebook account while other platforms such as Orkut and India-based Apna Circle, Ibibo and Hi5 were more popular in small metros”.

The study states that 40% of the Gen Y’s have internet access on their mobile phones. However, television emerged as the least favorite gadget with not even 1% voting for it. An emerging trend is the use of tablets with almost 14% using these new devices, it quotes.

Some more findings of the study…
– 85% use social networking sites such as Facebook
– 84% have internet access at home
– 79% own a mobile phone
– 28% value the mobile phone their favorite gadget

Spot On!
There are already 38% of respondents in metros using Facebook or Twitter to communicate. Tweeting is now being used by one in three students according to the study, though just 1% mentioned it as their preferred site. Text and chat were said to be the preferred alternatives to voice calls with 50% of respondents in metros explaining they used SMS most frequently to communicate, 45% used instant messaging. Apart from that, they also value information technology as a career option followed by engineering and medicine.

Facebook: Most Engaging Brands

On their way to the IPO planned for later this week, some new data released by the social marketing firm SocialBakers might boost the company valuation from Facebook to a new level. A new infographic takes a look at which global brands have the best Facebook presence.

With 901 million registered global Facebook users, the numbers show that only 17% of the Facebook members are based in the US. The impact and opportunity for companies is massive. The five biggest companies generate each more than 26 million fans with Coca-Cola being the winner, calling 42 million fans their territory on Facebook – more than 21%! The runner up are Starbucks that are best in the food retail sector and Converse.

The SocialBakers figures also show the winning countries where global brands are most engaging their audience. Although the U.S. might be ahead of other countries in population penetration with brands like Starbucks, McDonald’s or Xbox. Brazil is the number two with L’Oreal Paris and Trident (Kraft), India number three with Vodafone and Pepsi, and Germany at least number 10 with McDonalds as well.

It was interesting for me to see that the fastest moving global brands are Halls, Axe, and Nokia – brands that have left my scope of attention in the last three years. Now, it would be freaking cool if we knew which ones of the 488 million mobile users are the most active on brand engagement?

Which brands catch your attention most and where are you most active?

Frequent traveler are the most connected worker

What is almost as important for business travelers as water and food? Smartphones and tablets. They are slowly placing themselves as top necessities. Being accessible at airports, at train stations, or on the tube is simply improving by mobile tools which make them the most connected power users of these tools. The question is whether mobile devices make them more effictient in their business efforts? I think they do…

Business Traveler's Mobile Dependence Infographic, created by PC Housing

Business Traveler’s Mobile Dependence Infographic created by PC Housing

Curiosity – Brand anarchy is to create invisible advertising

Curiosity is it what makes the world get mad. Whether it is IKEA’s smallest shop of the world put in a banner, some invisible commercial.

Lynx, in cooperation with Soap Creative, know how to produce some curious innovative digital art work. They have created this campaign which just went live in Australia. This is the world’s first invisible ad installation. It is using some special LCD screens that can only been seen with polarised glasses.

People passing by in some street in Sydney got some polarised glasses which unlocked the curiosity of the invisible screens, scenes the normal eyes could not see by the naked eye. And finally, then the content was unleashed. Couples were to be seen while having their pleasures and random dogs swimming in a room of water. Actually in my hotel they are swimming on the television but that is another story.

Study shows that consumers are frustrated with online paying

Harald Wanetschka / pixelio.de

How often do we stop our online purchasing process? How often do we not pay what is chosen to be in the basket? And how often do we leave an online shop frustrated?

In a recent study by Mastercard Worldwide conducted by Harris Interactive we acknowledge how consumers are feelings about online commerce, as well as their habits on mobile shopping. According to the report, U.S. consumers replied that one of their biggest issues is “entering payment, billing and shipping information.”

It is not surprising to anyone probably that the only other issue more annoying to online buyers is knowing still one that has not changed in 15 years: People would like to know how a product feels, fits or looks.

“Online and mobile shopping puts a host of new options at consumers’ fingertips, but the current checkout process needs improvement to fully realize the potential of these important retail channels,” Geoff Iddison, Group Executive E-Commerce and Mobile, MasterCard Worldwide

According to Iddison the study also shows that consumers want a simpler, faster way to enter account information and less time filling out forms.

The funny thing for me is that the world still wants something that does not exist (and which I have thought about inventing in the online advertising world, too): a trusted source that handles safely personal information in one place.

58% of online shoppers said they would like that easy access to information in order to simplify their online check-out experience across the Internet. Apart from that almost one out of four respondents replied they had abandoned a shopping cart before completing their online or mobile purchase. 

On the MasterCard company blog, Brian Gendron -a company spokesman- said the poll shows consumers want a simpler online payment experience. He mentions…

“Consumers still find that a lengthy checkout experience can cause frustrations, which can sometimes mean lost business for merchants when consumers fail to click ‘confirm purchase. Consumers want a simple and fast process to complete their online transactions so they can spend more time finding the exact products that they want.”

So, how about you and your online purchasing experiences? Would you say the study is correct in their findings?