As more users adopt smart home products, brands will have an increasing number of opportunities to reach and interact with their customers if they keep privacy needs in mind. Consumers are more likely to engage with—and even enjoy—increased brand interaction if they don’t feel like they’re under surveillance and if they know their data is secure.
There’s still room for improvement when it comes to discovering brands via smart speakers. Only 29% of adults worldwide said they’d like to discover products digitally through smart home devices, according to an August 2020 Facebook IQ survey. Brands that focus on consumer trust and are not afraid to experiment can increase their reach.
The opportunity for marketers is in adding value—not direct advertising. Smart home devices present marketers with many opportunities to add value to the user experience and build brand awareness. This gives brands an opportunity to reach new customers as well as a new touchpoint to connect with existing ones.
Marketers will go multichannel via IoT. Remaining channel- and IoT brand-agnostic will be vital for marketers looking to tap into new pools of consumers. Another key for brands will be optimizing for the IoT experience, such as orienting websites to search by spoken question rather than typed terms.
Smart home devices enable brands to lock in consumers through subscriptions and replenishment sales for products ranging from groceries to ink. If consumers are satisfied with product quality, brands have a lot of leeway and opportunity to add convenience through this mutually beneficial channel.
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