Brand relationships / Brand Planning / New Brand Conversation

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Brand relationships / Brand Planning / New Brand Conversation - Presentation Transcript

  1. A New Brand Conversation
  2. Many of the predictive brand performance indicators are erroneous / irrelevant
  3. 1. In a world of over-choice, “awareness” does not really matter.
  4. 2. Brand Loyalty is a flawed measure of future behavior.
  5. Loyalty ≠ Purchase Intention
  6. I bought IT yesterday ≠ I ♥ IT
  7. In today’s world, the goal of brands should not be to increase awareness, but Reduce Choice.
  8. Less Choice = Less Anxiety (which, in turn, leads to more happiness)
  9. Assumption Reality
  10. Reduce choice by creating a “singular relationship”
  11. Everyone talks about creating a relationship, but no one seems to tell us HOW.
  12. Let’s start with the basics: What is a relationship?
  13. RELATIONSHIP: the way in which two or more concepts, objects, or people are connected, or the state of being connected; an emotional association between two people.
  14. RELATIONSHIP = connection / bond / kinship / association
  15. We engage in a multitude of relationships that extend beyond those with people >
  16. We engage in relationships with people & things that are significantly meaningful to us.
  17. Relationships are emotional. (and complex)
  18. Relationships require that we don’t just talk about ourselves…
  19. (or be narcissistic)
  20. or, talk the way our advertising does:
  21. “If you talked to people the way advertising talks to people, they’d punch you in the face” - Hugh McLeod
  22. Being social is the lifeblood of relationships (both new and old)
  23. Get noticed: Fall outside the generic pattern.
  24. (Our minds are hardwired to notice what’s different)
  25. Being social does not mean just embedding yourself in social situations…
  26. It entails starting a conversation about what THEY (your target) are interested in…
  27. No one’s interested in what YOU have to say, unless what you have to say interests THEM.
  28. Getting curious about what others are interested in is the starting point of any relationship.
  29. Get curious about THEM (your target)
  30. Stand on the shoulder of consumers: See what THEY see
  31. Get curious about the CULTURE they live in, and start a conversation about it.
  32. Because CULTURE is an endless source of inspiration + insight.
  33. “The Culture Code is the unconscious meaning we apply to any given thing—a car, a type of food, a relationship, even a country—via the culture in which we are raised. If we could somehow “decode” elements of culture to discover the emotions and meanings attached to them, we would learn a great deal about human behavior.”
  34. CULTURE is the complex whole which encompasses: knowledge, beliefs, customs, arts, morals, laws, and other habits acquired by man as a member of a society / group / collective.
  35. CULTURE is learned CULTURE is shared CULTURE is based on symbols CULTURE is patterned or integrated CULTURE is adaptive CULTURE is complex & nuanced CULTURE surrounds us, and we live in it.
  36. “Man discovered “Man invented things by things by imposing revealing the a shape on pattern of nature” nature” (Interpreting) (Interrupting) (Observing) (Creating)
  37. Create a cultural force: Be kinetic, NOT static
  38. We are Bona Fide: a collective of thinkers, creators, & designers.
  39. We design brand relationships; working under one simple belief:
  40. “Strong brands develop lasting relationships with their consumers”
  41. Our Process:
  42. Outside in vs. Inside out
  43. Product/ < People Cues < Culture Cues < Market Cues Brand Service
  44. Unlike the age-old Inside-Out model, which looks like this:
  45. Product/ > Consumers Brand Service
  46. In our Outside-In approach, people and culture help create the brand.
  47. Ergo, designing a meaningful and purposeful relationship with consumers.
  48. Here’s our comprehensive approach:
  49. Expert Insights Relationship Assessment Category Dynamics Public Realm Market Influences Listening Communication Patterns Product/ < People Cues < Culture Cues < Market Cues Brand Service Anthropological Brand History Business Goals Ethnographies Mining Culture Insight from Parallel Worlds
  50. Inspiration Cultural Relevance Product/ < People Cues < Culture Cues < Market Cues Brand Service Meaning Curate the Brand Relevance Business Strategy Resonance Involvement Relationship
  51. So, how is your brand seen?
  52. Dynamic ? ? Sociable Narcissistic ? ? Static
  53. Interesting ? ? Listener Talker ? ? Importunate
  54. Our Manifesto
  55. We believe in the power of singular brand relationships. We believe true relationships begin when one shows curiosity about another. We think people and culture, not companies, define brands. We believe that the real power of brands lies in their ability to become a cultural force. We believe that brands should be felt, not just seen or heard. We believe ‘consumer’ is an antiquated notion. It’s not about ‘audience’ and ‘penetration’ and ‘market share’; it’s about the depth of the relationship. We believe we delight people when we have something interesting to say. We think the old methods of seeking consumer insights are flawed and artificial. We believe culture is an endless source of inspiration and insight.
  56. We invite you to get curious.
  57. Bona Fide beth.kaiser@gmail.com / mukund.gopalakrishna@gmail.com

+ Mukund GopalakrishnaMukund Gopalakrishna, 9 months ago

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