Consumer Products of the Future Will Be Born Digital

This cloudpowered connectivity is creating new more valuable tools for transportation retail entertainment and every other aspect of our personal and professional lives Whatever the industry data is the beating heart of the smart digital products and services that have come to define a new era of customer experience and brand engagementIn order to compete in this new economy product manufacturers need to generate the same level of insight and value from their products and the consumers who buy and use them To do this they will need a new layer in the enterprise stack amp160a platform for creating and interpreting digital intelligence in their productsConsumer expectations are increasingly set by the best mobile social realtime web experiences they encounter and this is now moving to the physical world If Uber can have a limo outside our door in minutes with a couple of smartphone taps why can39t all our everyday products be cleverer more characterful more connected and more valuableNow they can Our vision is to connect the billions of everyday consumer products made and sold every year to the web to make those products intelligent interactive and trackable and by doing soamp160to make them more valuable to their manufacturers and create more engaging and inspiring experiences for the consumers who buy and use them This means your clothing can recommend other items or accessories to go with it a medicine pack can remind you when to take the pills and food products can authenticate the provenance of ingredients that have been digitally tracked from farm to forkThis is how modern consumer products should be conceptualized and made in the emerging digitalfirst landscape We call this approach BornDigitalamp8482 This term refers to products that are given unique digital identities at the point of manufacture We39ve made giant strides towards realizing this vision as we work in partnership with some of the world39s leading consumer product packaging and labelling companies including Avery Dennison Crown and WestRock to integrate a new standard in smart digital products right at the manufacturing sourceThink of the physical object as only half of the product The other half is the corresponding digital identity and the associated data stored in the cloud This identity and data package remains attached to the physical item throughout its full lifecycleamp160and evolves as data is gathered through interactions with the product This in turn unlocks potential value for the manufacturer the consumer or both at each stage in the product lifecycle from manufacture and distribution to point of sale postpurchase use by the consumer and even recycling reuse and disposalThe potential benefits to brands and consumers of BornDigitalamp8482 products are rich and varied Take product traceability as one example BornDigitalamp8482 products are more easily tracked through the entire supply chain simplifying the identification and removal of faulty ingredients components or batchesamp160and mitigating the financial and reputational risks associated with loss theft damage delivery delays or product recalls Realtime geolocation data can also be used to pinpoint misdirected shipments or potentially fraudulent activity or to more accurately track salesDigitized packaging and labeling can also enable brands to make more imaginative use of product real estate to provide consumers with dynamic information such as care instructions for apparel products or information about ethical sourcing of materials and sustainable manufacturing processes Brands can also connect their intelligent product data with the ecosystem of other digital products and services on the web This lets them access new opportunities for innovation and growth providing consumers with enhanced experiences built around loyalty rewards personalized lifestyle recommendations brand transparency and more all with the product itself as the digital interface and media channelTo demonstrate the creative potential of BornDigitalamp8482 products Evrythingamp160recently collaborated with apparel packaging partner Avery Dennison RBIS and upandcoming New York fashion brand Rochambeau showcasing how smart clothing delivers added value to consumers We introduced the Brightamp160Bmbramp160jacket which included NFC and QR labels and tags that allowed the wearer to unlock VIP experiences around New York as well as exclusive gifts design stories and artworkUltimately the power of BornDigitalamp8482 is helping businesses win the race for new customers and revolutionize the ways in which their products are made shipped sold and used Information and communications technology will inevitably transform every industry and IoT connectivity smart products and the realtime flow of transparent actionable data is at heart of that shift The future for brands and retailers like the new generation of consumers for whom connectivity is a natural condition of life amp160is products Born DigitalClick the social buttons above or below to share this story with your friends and colleaguesThe opinions and points of view expressed in this article are exclusively the views of the author andor subjects and do not necessarily represent the views of MediaVillagecomMyersBizNet Inc management or associated bloggers

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Consumer Products of the Future Will Be Born Digital

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Andy Hobsbawm

"About That with Carl Mayer:" Shukmei Wong (Episode 13: Growth in Online Sports Betting) - By Carl Mayer

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Consumer Products of the Future Will Be Born Digital

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Andy Hobsbawm

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