Marketing in the Digital/Physical Tsunami Age
December 27, 2023 update - I strongly suggest readers skim “How Do I Trust Entities? Different Levels of Identity & Credential Assurance - A Thought Paper”.
June 13, 2023 update - I strongly advise readers to skim these recent articles:
Premise:
The merging of offline and online worlds, offers up new business opportunities for companies willing to rethink their marketing strategies. Those that don't will see existing customers be taken away.
Big Picture Level
The incoming technological tsunami composed of AI, AR, VR, bots, genetic engineering, nanotechnology and wireless is creating a new business environment where online and offline are now merged.
Metaverse:
Skim these articles:
Advertising:
Skim these two articles showing Jane Doe, in full control of her legal identity, selectively releasing it to retailers:
New Age Behavioral Marketing
In papers like "I Know Who You Are & What You're Feeling", I document the various emerging technologies able to obtain, read, analyze and predict our emotions and behavior. The paper uses four friends walking down a street, each with different privacy settings, ranging from anonymous to here I am - have my identity and data. What are the marketing implications of this?
Behavioral Data Providers Will Be Main Players
Corporations who obtain behavioral/biometric data will be the main players in determining your marketing success. Why? From the neonatal stage on, they'll be able to build up second by second data repositories rich in biometric/behavioral data. To understand this, read the paper "Young Children’s Data Privacy Challenges in the Tsunami Age" and "Privacy Gone – AI, AR, VR, Robotics and Personal Data".
The main players in the game of behavioral marketing include Google, Facebook, Amazon, Apple, Alibaba, Oracle, Acxiom and others. Thus, you, the marketer, are likely going to have to purchase data, on the fly, as Jane Doe walks down the street, towards your store, to figure out what her likely behavior will be and then customize, on the fly, something that will make her want to come into your store.
Smart Cities
Skim this article to see how Jane Doe electronically lives in a smart city:
Then skim this one to see a new security model enterprises are going to use:
Bottom line? You the marketers are going to have to learn to swim in these new waters, determining how you're going to effectively reach the customer.
Once She's In Your Store Either Physically or Virtually
You'll want to provide Jane with a highly customized experience, addressing her needs, selling her goods and services she wants. On page 8 of this paper, it talks about virtual sales assistants. Combine this technology with very rich behavioral/biometric databases and, if Jane's willing, to read her emotions/biometrics in real time as the virtual assistant is "selling" to her. Closing a sale is very important in a world of increased competition at reduced price points.
The Emerging World of Virtual Selves and Digital Twins
Read this paper "Digital Twins, Virtual Selves, Identity, Security & Death". Virtual twins are what I see as a game changer over the next few years. Why? People will create them to do tasks on their behalf, e.g. shopping, banking, working, etc. Over time, not overnight, they'll become increasingly sophisticated.
Skim this paper describing a new human legal identity architecture which includes smart digital versions of us:
In the marketing world, it means over time, you're going to be selling to digital versions of people. This is a mind-bender since we're not used to thinking this way. In a marketing sense, it means knowing your customer just became more complicated. You're going to have to penetrate though the digital selves "walls" so to speak, to get their attention.
Enter IoT and Marketing Strategies
As the world of IoT (internet of things) rapidly develops, it means many things become smart. I believe, over time, the smartness of these devices will continue to increase. So, as a person wears smart clothes et al, coupled with cars, poles, buildings et al becoming equipped with very, very small devices, able to transmit what they see, hear, feel, etc..
Skim this article to see an example of how it applies in schools:
For example, in the future, as Jane walks down a street, she might look at a new car liking it. The direction she looked, the time she gazed at it, her emotions will all be observed by hundreds or thousands of IoT devices. This will lead to car ads appearing in her AR glasses/contact lenses etc.
Watch the 1:00 minute mark of this video to see what's coming at you.
The Technology Will Be Addictive
It's already been documented that "internet addiction" is a growing problem. However, I feel that over time, this type of behavioral/biometric marketing, on a second by second basis, will become increasing more addictive to growing numbers of the consumer population. The "attractiveness" or "addictiveness" will be hard to resist for many marketing departments, operating in increasingly competitive marketplaces.
Keeping Up With The Pace of Change
In many of my posts and papers, I refer to this diagram, depicting a logarithmic rate of change. It shows how the pace is exceeding our cognitive abilities to keep up. It applies to marketing departments as well.
I have a premise that large Fortune 1000 companies, have enough marketing resources to figure out and keep up with all of the above. Most other enterprises don't. Thus, I believe many marketing departments will increasingly outsource portions of their marketing, especially where it relates to behavioral/biometric marketing.
Look Before You Leap
The first thing is to get your marketing department's head into the game by educating them about the technology.
Next, rather than rushing into creating a new marketing strategy based on the above, it's prudent to take some of your marketing budget and begin small pilot projects, experimenting with this. See what works and doesn't work physically and digitally.
About Guy Huntington
I'm an identity trailblazing problem solver. My past clients include Boeing, Capital One and the Government of Alberta's Digital Citizen Identity & Authentication project. Many of my past projects were leading edge at the time in the identity/security space. I've spent the last eight years working my way through creating a new legal identity architecture and leveraging this to then rethink learning.
I've also done a lot in education as a volunteer over my lifetime. This included chairing my school district's technology committee in the 90's - which resulted in wiring most of the schools with optic fiber, behind building a technology leveraged school, and past president of Skills Canada BC and Skills Canada.
I do short term consulting for Boards, C-suites and Governments, assisting them in readying themselves for the arrival of AI systems, bots and AI leveraged, smart digital identities of humans.
I've written LOTS about the change coming. Skim the over 100 LinkedIn articles I've written, or my webpage with lots of papers.
Quotes I REALLY LIKE!!!!!!:
Reference Links:
An Identity Day in The Life:
My Message To Government & Industry Leaders:
National Security:
Rethinking Legal Identity, Credentials & Learning:
Learning Vision:
Creativity:
AI Agents:
Recommended by LinkedIn
Architecture:
AI/Human Legal Identity/Learning Cost References
AI Leveraged, Smart Digital Identities of Humans:
CISO's:
Companies, C-Suites and Boards:
Legal Identity & TODA:
Enterprise Articles:
Rethinking Enterprise Architecture In The Age of AI:
LLC's & AI:
Challenges With AI:
New Security Model:
DAO:
Kids:
Sex:
Schools:
Biometrics:
Legal Identity:
Identity, Death, Laws & Processes:
Open Source:
Notaries:
Climate Change, Migration & Legal Identity:
Fraud/Crime:
Behavioral Marketing:
AI Systems and Bots:
Contract Law:
Insurance:
Health:
AI/AR/VR Metaverse Type Environments:
SOLICT:
EMP/HEMP Data Centre Protection:
Climate:
A 100,000-Foot Level Summary Of Legal Human Identity
A 100,000-Foot Level Summary Of The Learning Vision: