Without PROFIT, without money from consumer,
company can not survive
To survive, it has to get consumer. By how?
Let consumer knows? By how?
Good wine needs no bush. No, lots of luck needed.
Company wants more
than to-survive, it wants
more profit. I know.
Do marketing well, win the game of
having big consumption
To have more consumption, more profit, company should:
What is Marketing?
What is Branding?
Distinguish Brand and Product.
Is it better if we have better brand
than better product?
Why do we have to build brand?
Brand love curve. How to be a
MARKETINGMarketing is a process of using all resources of company to satisfy customers demand, to be performed byall departments of the company and based on the strategic planning of marketers, aims to bring profit tocompany.
Co-creation Communication Character buildingValue
(Product, Price, Place, Promotion)
(segmentation, Targeting, Ppositioning)Brand building
own product and
in their own
look outside their
A Brand is what perceived in the minds and hearts of the consumer, consistently delivered by the experience.
A brand helps encourage someone to buy a product but does not explicitly say buy me.
SO, what does BRAND say?
It says: This is what I am. This is why I exist. If you agree, if you like me, you can buy me, support me, and recommend me to your friends.
The more consumers love brand, the more powerful and profitable that brand will be
Role of the BRAND
Is an object
Product perform a function, => rational decision to compare which one to buy
Is a personality
Brand offers an emotion=> emotional decision
Made by the company, built in factory, can be purchased
Made through consumers perception, built from trust and relationships
Can be copied, replaced Unique. It can beat the enemies
Tangible to the senses Idea with intangible
fulfill peoples need fulfill peoples want
Ex: What is in Aquafina product? Pure waterWhat is in Sapuwa product? Pure water
Ex: What is in Aquafina brand?
- encompasses marketing and communication message to promote a particular product
- conveys benefits of the given product being marketed.- Return: sales
- Business branding = person building a reputation. It is a driving force behind what, why, how company do- establishes the company's image and strengths- Return: LOYALTY (which leads to more sales)
Product marketing Branding
So, having better PRODUCT is better than having better BRAND?
There are no superior product. There are ONLY SUPERIOR PERCEPTION in consumers mind=> We need to WIN CONSUMERS MIND. Occupy consumers perception. HOW?
Ex 1: What happened when J.K. Rowling wrote a novel The Cuckoo's Calling andhad it published under a different name as Robert Galbraith? "The Cuckoo's Calling" sold less than 1,000 copies by the author Robert
Galbraith Then, word got out that the book was actually written by J.K. Rowling, it jmped
to best-seller lists and 1.1 million copies were sold.So, what's more important, the book or the author? What's more important, theproduct or the brand?
=> BRAND wins!!!
Ex 2: Developing a better smartphone than iPhone is a simple task compared to developing a better perception than iPhone in consumers' minds. In fact, it's almost impossible -- unless Apple does something stupid!
Brand love curveis a path showing the stronger
connection between brand and
customerss mind through stages.
Customers go through with the connection-to-brand getting
INDIFFERENT LIKE IT LOVE IT BELOVED BRAND
Every brand sits at different places
on the curve. Understanding how
beloved the brand is will help
marketers choose strategy to push it
to be more loved
NO OPPINIONNot aware
Influence by current
SATISFY NEEDThough about it
It makes sense
CRAVE ITGreat experience
A part of life
More love = more power
= more growth
= MORE PROFIT
Why brand need more love?
BRAND LOVE CURVE
aware consider search
exampleUS tissues brands on
brand love curve
Tracked by beloved-
Through US tissues brand love curve, consumers just KNOW about
Lever/Dial, they SEARCH & CONSIDER about Zest/Neutrogena/Ivory, some
BUY & SATIFIED with Aveeno/Olay but more become LOYALTY FAN of Dove
But even the beloved brands,
there is a battle field in purchasing
and mantaining love (like
Blackberry the king of mobile
Which soucers to
build the love in
5 SOURCES OF CONNECTIVITY
MEASURE YOUR BRAND LOVE USING BRAND FUNNEL
Weak Awareness and
Funnel Starts to Narrow
Down at Purchase
Weak Repeat and Loyal
There are still gaps
between each Phases
Funnel Fills out
Strong repeat and loyal
Brand Funnel is a one of a tool to measure Brand
Health, showing the conversion ratio between each
stages of the consumer behavior journey, thus indicating
the strength, weakness, changes over last years and
differences to competitors. See the shape => decision
Brand love is identified based on several factors such as
shares, profit/loss, sales; one of which is the shape of
* The Modern
Brand Funnel may
Brand X currently suffered a big drop in conversion rate
moving from consideration to purchase
Therefore, we can infer that it is at Like it stage
Therefrom, we can decide the
most potential strategy for each
INDIFFERENTEstablish in Mind to Raise
Awareness and Consideration
LIKE ITDifferentiate your Benefits make
them Close the Deal
LOVE ITTug at the Heart to tighten the
BELOVEDContinue the magic to remain as a
beloved brandClick next for more details
INDIFFERENT LIKE IT
No interest or confusing
Rational Choice (cheap, convenient, easy to use)
No emotion or feeling
HOW TO KNOW
YOU ARE AT
Brand Funnel: Skinny
Hard to maintain sales level
Low profit and contribution margin
Lose shares to other brands
Brand Funnel: Robust
Brand shows little difference
Your counterfeiters sells well
Stagnant shares, cannot increase
WHY YOU ARE
STUCK AT THIS
1. You are Selling without Marketing
2. Your product is a Newly Introduced one
3. You have fallen from Grace
4. Having Power but Being Hated
1. Your choices are too safe
2. You are not an emotional marketer
3. A flaw somewhere drive out your consumers
4. You lose customers when starting to differentiate
5. Your brand promise is not consistent
6. Lack Positional Power - technology, distribution or price
7. Your brand is far from the consumers daily life.
HOW TO GET
1. Target a key niche a key group of consumers
2. Aim at consumers mind, make them believe.
3. Mind Shift, you may need an adjustment.
4. Renew and refresh your brand, bring it to life
5. Listen and get to know what consumers want, do, say and
think. Find their Insight
1. Focus on action to drive Consideration and Purchase.
2. Build around what is already Loved to influence people
3. Step out of your comfort zone. No ok choices
4. Fix the flaw that leak out your consumers
5. Build a Big Idea that you can build around and connect.
LOVE IT BELOVED BRAND
Emotional Choice (layered over rational)
Willing to switch stores to find your products
Hard to displace the love for your brand