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Innovation

Group seeks tech innovation to disrupt marketing landscape

The Founder, Eco Innovation Center, and Curator MarkHack 1.0 Victor Afolabi, has said there is a need for technological innovation to disrupt marketing landscape.

A statement said he spoke at the grand finale of the maiden edition of the marketing and media hackathon tagged ‘MarkHack 1.0’, organized by the Eco Innovation Center in collaboration with GDM Group.

He said, “Seeing how technology has disrupted global industries all over the world, we perceived that the marketing and media industry was ripe for disruption.

“However, they are two things, it is either we collaborate with stakeholders in the industry to create the disruption we anticipate or we allow disruption to happen to us, and we choose to do the former.”

He said MarkHack 1.0 is a gathering of innovators, entrepreneurs, policymakers, and marketing professionals, to create solutions to real-life marketing challenges in an intense period of time, using creativity, technology, and mentoring, resulting in prototypes, fresh new concepts, and innovative usages of tech for marketing and media.

The statement said at the event, LiveBIc, which included Shadrach Akao and Ernest Ogbanefe emerged the overall winners from a list of 10 finalists involved in the pitch at the finals of the hackathon.

LiveBIc won the star prize of $ 10,000 for developing a new platform for content creators to market and deliver their content.

Sprayme clinched the second position and $ 4,000 prize money for innovating a new way for social gifting and content monetization; Reelbuzz emerged the third winner with $ 3,000 for creating an intuitive platform that helps brands connect and command higher brand loyalty; Innovatoras took the fourth position as well as $ 2,000 prize money for directing the leads for businesses and turning them to paying customers and Monify Cookies, fifth position with $ 1,000 for developing a browser tool that provides its users the ability to block all unsolicited ads and earn money from allowed ads.

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