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2011.10.19 Articles

ANTONY YOUNG, CEO, MINDSHARE NA ON 'ZERO MOMENT OF TRUTH' FOR MARKETERS

How Media Planners Can Sell When Consumers Won't Stop Researching

Working at the 'Zero Moment of Truth'

Advertising Age Article, By Antony Young

Last week we hosted a number of clients at GroupM's "What's Next" conference, a summit that offers a window into some of freshest thinking and practices in the marketing and digital media spheres.

Jim Lecinski, VP for U.S. sales and service at Google, presented a thought-provoking idea that he calls the "Zero Moment of Truth."

It's a modification of the P&G marketing mantra conceived in the golden A.G. Lafley era, when the packaged-goods marketer evangelized on "winning at the two moments of truth" -- the first at the point of purchase and the second when consumers use the product.

Now "The Zero Moment of Truth" -- or ZMOT -- is potentially disruptive thinking for marketers.

The idea is that a real consumer shift has taken place in the last few years. Consumers have changed their pattern of decision-making dramatically, increasingly deciding and switching their opinion of brands or products before they step into a store, talk to a sales representative or visit an e-commerce site. Hence the "Zero" moment of truth refers to the stage before the "first" and "second" moments of truth.

Access complete article here:
http://adage.com/article/mediaworks/sell-consumers-stop-researching-web/230498/