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of a polarising brand Based on an article of HBR

Make the most of a polarising brand

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Page 1: Make the most of a polarising brand

Make the most of a polarising

brand

Based on an article of

HBR

Page 2: Make the most of a polarising brand

Miracle Whip

Miracle Whip is dressing manufactured by Krafts Food

Page 3: Make the most of a polarising brand

When Marketers at Krafts Foods began researching

shopper’s attitudes toward the dressing, they found

surprisingly deep emotions.

Page 4: Make the most of a polarising brand

There

were Haters

There were lovers

Page 5: Make the most of a polarising brand

It turned out that Miracle whip is a polarising product

Page 6: Make the most of a polarising brand

The company decided to go for social media

campaign.

Page 7: Make the most of a polarising brand

The strategy was successful and during the campaign

Miracle Whip experienced a 631% surge in social media and 14% increase in sales.

Page 8: Make the most of a polarising brand

Brand Dispersion

Page 9: Make the most of a polarising brand

Marketers gauging for Customer attitudes have

traditionally relied on “mean” or “net” scores.

Page 10: Make the most of a polarising brand

Promoters

Detractors

NPS

Page 11: Make the most of a polarising brand

Brand with middle NPS can too be highly polarising, with large number of fervent supporters and

passionate distracters.

This can be deceptive.

Page 12: Make the most of a polarising brand

Here Brand Dispersion is applied

Page 13: Make the most of a polarising brand

Higher percentages of Die hard supporters and die hard

haters, higher the Polarisation.

Page 14: Make the most of a polarising brand

And polarisation too helps a company to increase its

revenue and stay away from the competition.

Page 15: Make the most of a polarising brand

Haters too helps a company to grow.

Page 16: Make the most of a polarising brand

Capitalizing on Polarisations

Page 17: Make the most of a polarising brand

Three strategies to consider

Placate the hater

Poke the haters

Amplify a polarising attribute.

Page 18: Make the most of a polarising brand

Create a larger pool of potential buyers

Change the haters mind

Placate the hater

Page 19: Make the most of a polarising brand

General Mills used this approach of “Placate the haters.”

Page 20: Make the most of a polarising brand

Poke the HatersSome companies succeed by intentionally antagonizing brand detractors. This can create buzz and reinforce the brand’s connection with its most enthusiastic consumers

Page 21: Make the most of a polarising brand

Amplify a polarizing attribute

Often a single characteristic is responsible for the deep schism between a brand’s fans and its detractors. Instead of seeking to narrow the gap and reduce the haters’ rancor, as General Mills did with Betty Crocker, some companies decide to create new products that amplify the point of differentiation, in the hope of bolstering loyalty among (and revenue from) diehard fans.

Page 22: Make the most of a polarising brand

Bollywood Industry

There are die hard fans who can’t even listen a bad word for their hero and others who don’t

even watch the best of movies because they say, “it’s Bollywood”

Page 23: Make the most of a polarising brand

Micromax

Micromax wanted made its image in India as a cell phone selling company for middle class people, but due to its poor quality with less durability products, it lost faith of few of its customers.

Page 24: Make the most of a polarising brand

Micromax applied polarising market strategy.

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Page 26: Make the most of a polarising brand

Disclaimer

Created by Aakash Tripathi, IIT(BHU), during an internship by Prof. Sameer Mathur, IIM Lucknow.