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the role of brand in the digital age. and, what does this mean from a strategic perspective, exactly? Friday, January 25, 13

the importance of brand in the digital age

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Given to Edward Boches's class at BU January 2013

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Page 1: the importance of brand in the digital age

the role of brand in the digital age.

and, what does this mean from a strategic perspective, exactly?

Friday, January 25, 13

Page 2: the importance of brand in the digital age

before we begin...

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Page 3: the importance of brand in the digital age

daughter, sister, londoner...

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Page 4: the importance of brand in the digital age

planner, brand planner, strategist, strategy director... etc

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Page 5: the importance of brand in the digital age

so, starting at the beginning: what is a brand?

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Page 6: the importance of brand in the digital age

“While every brand is a product not every product is a brand”

David Ogilvy, Founder Ogilvy Advertising

Agency

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Page 7: the importance of brand in the digital age

“If Coca-Cola were to lose all of its production-related assets in a disaster, the company would survive. By contrast, if all consumers were to have a sudden lapse of memory and forget everything related to Coca-Cola, the company would go out of business.”

Coca Cola Marketing Executive

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Page 8: the importance of brand in the digital age

“A brand is not a product or a promise or a feeling. It's the sum of all the experiences you have with a company”

Amir Kassaei, CCO, DDB

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Page 9: the importance of brand in the digital age

“Your brand is what people say about you when you are not in the room”

Jeff Bezos, CEO, Amazon

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Page 10: the importance of brand in the digital age

taking an example - the roman catholic church one of the greatest brands to ever exist?

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Page 11: the importance of brand in the digital age

a unified set of beliefs that span both countries and continents

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Page 12: the importance of brand in the digital age

more touch points than you can shake a stick at

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Page 13: the importance of brand in the digital age

regular events, designed to drive participation and interaction

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Page 14: the importance of brand in the digital age

and have “brand experience” down to an art formand arguably the greatest transmedia show on earth

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Page 15: the importance of brand in the digital age

when it comes to understanding the role of brand, no one does it quite like the Catholics...

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Page 16: the importance of brand in the digital age

the secret to their success? recognizing the power of every touch point as an opportunity to create a brand experience

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Page 17: the importance of brand in the digital age

why brand is more critical today than ever before

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Page 18: the importance of brand in the digital age

during the last 10 years we have gone through a major communications revolution

web 1.0 web 2.0 web 3.0

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Page 19: the importance of brand in the digital age

not only affecting how brands can reach their customers, but how customers can reach their brands

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Page 20: the importance of brand in the digital age

the brand is no longer the domain of the marketing department

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Page 21: the importance of brand in the digital age

every interaction is a potential opportunity to build equity - so long as you know what kind of equity you are trying to build

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Page 22: the importance of brand in the digital age

today smart companies know there is no such thing as a marketing department. only those companies who know how to market themselves, and those who do not

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Page 23: the importance of brand in the digital age

so, what is the role of strategy in informing the modern brand?

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Page 24: the importance of brand in the digital age

firstly: strategy is key in crystalizing a brand’s differentiating beliefs and using these to determine their position in the market place

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Page 25: the importance of brand in the digital age

so, how do you determine your brands position?the classic approach:

brandtruth

consumer truth

competitive truth

we believe the role of deodorant is to make guys

smell amazing

brandtruth

all other deodorants are about protection

competi-tive truth

guys (14-20) do not care about protection - or

anything else for that matter - as much as they care about

sex

consumertruth

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Page 26: the importance of brand in the digital age

Brand: the role of

AXE is to make guys smell amazing

Consumer:

guys (14-20) do not care about protection - or anything else for that matter - as

much as theycare about sex

Competitors: all other deos

are about protection

The Axe Effectpositioning

gives guys the edge in the mating game

consumer benefit

the axe positioning:

offers transformation vs. protection

competitordiffention

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Page 27: the importance of brand in the digital age

how this comes to life as a brand experience: transforming even the most ordinary guys into legends

Axe beach girls

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Page 28: the importance of brand in the digital age

an alternative is the “inside out approach*”

why

redefine modern british luxury

whywhat believe drives us?

fashion + technologywhat

what is our approach to

NPD

live fashion showsart of the trench

burberry acoustics etc

howdo we make things that live up to

this

what

how

*not a technical term- see Simon Sinek’s ted talk for more info

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Page 29: the importance of brand in the digital age

how this comes to life as brand experience: creating british innovations in the luxury space

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Page 30: the importance of brand in the digital age

a third approach: brand archetypes

HEROFEEL ACCOMPLISHED

“where there’s a will, there’s a way”

MAGICIANFEEL TRANSFORMED“it can happen!”

OUTLAWFEEL REBELLIOUS“rules are meant to be broken”

SAGEFEEL SMART“the truth will set you free”

INNOCENTFEEL PURE

“free to be your younger self”

EXPLORERFEEL ADVENTUROUS

“I want to experience the world in a different

way”

CREATORFEEL CREATIVE“if it can be

imagined, it can be created”

CAREGIVERFEEL NURTURING

“love your neighbor as yourself”

RULERFEEL POWERFUL

“power isn’t everything; it’s the only thing”

REGULAR GUY/GALFEEL CONNECTED“all men and women are created equal”

JESTERFEEL FRIVOLOUS“if I can’t dance, I don’t want to be part of your revolution”

LOVERFEEL SEXY“I only have eyes for you”

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Page 31: the importance of brand in the digital age

used by many product brands to clarify both what they stand for and how they are differentiated

HEROFEEL ACCOMPLISHED

“where there’s a will, there’s a way”

MAGICIANFEEL TRANSFORMED“it can happen!”

OUTLAWFEEL REBELLIOUS“rules are meant to be broken”

SAGEFEEL SMART“the truth will set you free”

INNOCENTFEEL PURE

“free to be your younger self”

EXPLORERFEEL ADVENTUROUS

“I want to experience the world in a different

way”

CREATORFEEL CREATIVE“if it can be

imagined, it can be created”

CAREGIVERFEEL NURTURING

“love your neighbor as yourself”

RULERFEEL POWERFUL

“power isn’t everything; it’s the only thing”

REGULAR GUY/GALFEEL CONNECTED“all men and women are created equal”

JESTERFEEL FRIVOLOUS“if I can’t dance, I don’t want to be part of your revolution”

LOVERFEEL SEXY“I only have eyes for you”

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Page 32: the importance of brand in the digital age

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Page 33: the importance of brand in the digital age

playing out to inform not only what they make today, but how they will innovate & lead the market forward

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Page 34: the importance of brand in the digital age

and secondly, using this strategic positioning to determine how your brand behaves: what you create as much as what you say

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is it always necessary to be leader?

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Page 36: the importance of brand in the digital age

example:red bull

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why be the first leader,s when you can be the first follower

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which brings us full circle, back to the number one follower - the Roman Catholic Church

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Page 39: the importance of brand in the digital age

so, to sum up:

a brand is made up of the multitude of experiences that any number of customers have with it.

understanding + appreciating the interplay of all these different experiences + touch points has always been what splits the men from the boys.

today it is more essential than ever that all your touch points + experiences are singing from the same hymn-sheet, as the way consumers and brands interact has changed, and the smallest “off brand” wobble can make a big difference.

key to helping brands deliver this is having a brand “positioning” - a clear sense of what your brand stands for, what differentiates it + how it behaves.

various different types of positioning approach, using these to craft your brand identity = the start of great strategy

using your position to determine how your brand behaves - what it does and creates a much as simply says = the art of great strategy.

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Page 40: the importance of brand in the digital age

questions

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