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[object Object],KELLY MOONEY President & Chief Experience Officer STRATEGIES FOR OPENING YOUR BRAND
RESOURCE INTERACTIVE OVERVIEW ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
 
CLIENT FOCUS BRANDED MANUFACTURING   PRACTICE RETAIL  PRACTICE CONSUMER GOODS SERVICES PRACTICE
OPEN… ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Five Reasons to Open Your Brand REVENUE ROI R&D RELATIONSHIPS RELEVANCE
More than  25% of the search results  on Google for the world’s 20 largest brands, are  consumer generated content. — Nielsen Buzz Metrics The number of  text messages  sent and received each day  exceed the population of Earth . — m-metrics, 2007 Mobile Commerce Landscape 77%  of Web shoppers  read   product  reviews. — JupiterResearch, August 2007 86 million  social network users in the U.S. — eMarketer, 2008 1.4 blogs created  every second of every day. — Technorati 2007 The average U.S. citizen will spend  5.4 years  per lifetime  online. — Nielsen Online Stats, 2007 97%   of online researchers in the UK are willing to trust online customer reviews —JupiterResearch/Bazaarvoice, 2008   Over  2.8 million  twitter users in the U.S. — Twitdir, 2008
NOTORIETY:   80-year-old British YouTube storyteller NETWORK EFFECT:   40,000 subscribers NAME: Geriatric1927
NOTORIETY:   Repurposes Ikea furniture Ikea Hacker NETWORK EFFECT:   20,000 RSS subscribers
NOTORIETY:   Contest Winner Happy Joel NETWORK EFFECT:   Uses the internet to win crazy contests to travel all over the world
“ I CONNECT”  Connect and share  with people who have similar interests “ I AM”  Improve companies or the experience of self and others “ I MATTER” Seek recognition  and some degree of fame/fortune   “ I CAN” Use digital  tools  for fun and/or  life management   What Motivates the New Consumer? 16% 7% 3% 74%
EVERYDAY ELITE ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],“ I CONNECT”  Connect and share  with people who have similar interests “ I AM”  Improve companies or the experience of self and others 7% “ I MATTER” Seek recognition  and some degree of fame/fortune   “ I CAN” Use digital  tools  for fun and/or  life management   16% 3% 74%
The Once-familiar Consumer Journey 1.  Few touchpoints, well-choreographed  2.  Linear, store-dependent 3.  Advertising-inspired AWARENESS CONSIDERATION SELECTION PURCHASE LOYALTY Go to store View TV or print ad Compareoptions Choose best option Buy item Join/align with brand
A New Customer Journey 1. A proliferation of engaging digital touchpoints  2. Non-linear, cross-channel 3. Web-first for many consumer buying decisions Read Facebook feeds Search for  brand Research product View designer video Visit a store Order outfit Send mobile pic Upload pics of purchase Read a review or blog
The Web Elevates and Integrates the  Total Customer Experience Web-and-Spoke Model Source: Resource Interactive 2002, rev 2008 The web should be the central hub for customer engagement  and  transactions. ENABLE ADVOCACY & AMPLIFICATION REDUCE WASTE
WORLDVIEW OF   A  CLOSED  BRAND WORLDVIEW OF  AN  OPEN  BRAND Targets Customers Fosters Communities  Monologue Brand Management Awareness Push Guarded Communications Created by Marketers Brand Stewardship Dialogue /Trilogue Engagement Pull Transparent Communications Co-created With Customers
OPEN Macrotrend
[object Object]
Life is an open book
70%  of companies use  open source software —  Gartner Group, 2008 Open source-powered
THE OPEN WEB MOBILE  WEB FULL-VIDEO  WEB 3-D WEB SEMANTIC  WEB UBIQUITOUS   WEB PORTABLE ENGROSSING CURATED EMBEDDED LIFELIKE Open source-powered The Open Web should continue to empower the mainstream rather than the tech elite. —  Brad Newberg, Google Gears & Mozilla software inventor
Open innovation
Open access
Open playing field
Open playing field
LOVE TRIANGLE A New Relationship Model SHARED PASSION BRAND CONSUMER COMMUNITY
 
Consumers are   CONSUMING CONTENT Consumers are  PRODUCING CONTENT Consumers seek an  ANONYMOUS EXPERIENCE Consumers are  SEEKING NOTORIETY
ON-DEMAND Do you make it easy to learn about and purchase your products?
ON-DEMAND
ON-DEMAND
ON-DEMAND
ON-DEMAND Resource Interactive +  , Envisioned Future Prototype, 2007
PERSONAL Do you personalize  the customer’s  experience?
PERSONAL
PERSONAL
PERSONAL
PERSONAL
PERSONAL
PERSONAL www.shawfloors.com
ENGAGING Do you compel consumers to spend time with your brand?
ENGAGING
ENGAGING
ENGAGING
ENGAGING
ENGAGING
NETWORKED Do you enable the community to share ideas and  influence  your brand?
NETWORKED
NETWORKED
NETWORKED
THE  OPEN   OPPORTUNITY
MISSION:  To bring inspiration and innovation to every athlete .
MISSION:  To  invite  inspiration and innovation   from  every athlete . ENVISIONED FUTURE To see the prototype please contact theopenbrand@resource.com
HOW OPEN IS YOUR BRAND? Do you compel consumers to spend time with your brand? Do you enable the community to share ideas and  influence your brand? Do you make it easy to learn about and purchase your products? Do you personalize the customer’s  experience?
THANK   YOU. Visit my Blog:  www.MooneyThinks Download a free PDF:  www.TheOpenBrand.com More company info:  www.resource.com

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The OPEN Imperative: Kelly Mooney @ Global Ecommerce Summit

  • 1.
  • 2.
  • 3.  
  • 4. CLIENT FOCUS BRANDED MANUFACTURING PRACTICE RETAIL PRACTICE CONSUMER GOODS SERVICES PRACTICE
  • 5.
  • 6. Five Reasons to Open Your Brand REVENUE ROI R&D RELATIONSHIPS RELEVANCE
  • 7. More than 25% of the search results on Google for the world’s 20 largest brands, are consumer generated content. — Nielsen Buzz Metrics The number of text messages sent and received each day exceed the population of Earth . — m-metrics, 2007 Mobile Commerce Landscape 77% of Web shoppers read product reviews. — JupiterResearch, August 2007 86 million social network users in the U.S. — eMarketer, 2008 1.4 blogs created every second of every day. — Technorati 2007 The average U.S. citizen will spend 5.4 years per lifetime online. — Nielsen Online Stats, 2007 97% of online researchers in the UK are willing to trust online customer reviews —JupiterResearch/Bazaarvoice, 2008 Over 2.8 million twitter users in the U.S. — Twitdir, 2008
  • 8. NOTORIETY: 80-year-old British YouTube storyteller NETWORK EFFECT: 40,000 subscribers NAME: Geriatric1927
  • 9. NOTORIETY: Repurposes Ikea furniture Ikea Hacker NETWORK EFFECT: 20,000 RSS subscribers
  • 10. NOTORIETY: Contest Winner Happy Joel NETWORK EFFECT: Uses the internet to win crazy contests to travel all over the world
  • 11. “ I CONNECT” Connect and share with people who have similar interests “ I AM” Improve companies or the experience of self and others “ I MATTER” Seek recognition and some degree of fame/fortune “ I CAN” Use digital tools for fun and/or life management What Motivates the New Consumer? 16% 7% 3% 74%
  • 12.
  • 13. The Once-familiar Consumer Journey 1. Few touchpoints, well-choreographed 2. Linear, store-dependent 3. Advertising-inspired AWARENESS CONSIDERATION SELECTION PURCHASE LOYALTY Go to store View TV or print ad Compareoptions Choose best option Buy item Join/align with brand
  • 14. A New Customer Journey 1. A proliferation of engaging digital touchpoints 2. Non-linear, cross-channel 3. Web-first for many consumer buying decisions Read Facebook feeds Search for brand Research product View designer video Visit a store Order outfit Send mobile pic Upload pics of purchase Read a review or blog
  • 15. The Web Elevates and Integrates the Total Customer Experience Web-and-Spoke Model Source: Resource Interactive 2002, rev 2008 The web should be the central hub for customer engagement and transactions. ENABLE ADVOCACY & AMPLIFICATION REDUCE WASTE
  • 16. WORLDVIEW OF A CLOSED BRAND WORLDVIEW OF AN OPEN BRAND Targets Customers Fosters Communities Monologue Brand Management Awareness Push Guarded Communications Created by Marketers Brand Stewardship Dialogue /Trilogue Engagement Pull Transparent Communications Co-created With Customers
  • 18.
  • 19. Life is an open book
  • 20. 70% of companies use open source software — Gartner Group, 2008 Open source-powered
  • 21. THE OPEN WEB MOBILE WEB FULL-VIDEO WEB 3-D WEB SEMANTIC WEB UBIQUITOUS WEB PORTABLE ENGROSSING CURATED EMBEDDED LIFELIKE Open source-powered The Open Web should continue to empower the mainstream rather than the tech elite. — Brad Newberg, Google Gears & Mozilla software inventor
  • 26. LOVE TRIANGLE A New Relationship Model SHARED PASSION BRAND CONSUMER COMMUNITY
  • 27.  
  • 28. Consumers are CONSUMING CONTENT Consumers are PRODUCING CONTENT Consumers seek an ANONYMOUS EXPERIENCE Consumers are SEEKING NOTORIETY
  • 29. ON-DEMAND Do you make it easy to learn about and purchase your products?
  • 33. ON-DEMAND Resource Interactive + , Envisioned Future Prototype, 2007
  • 34. PERSONAL Do you personalize the customer’s experience?
  • 41. ENGAGING Do you compel consumers to spend time with your brand?
  • 47. NETWORKED Do you enable the community to share ideas and influence your brand?
  • 51. THE OPEN OPPORTUNITY
  • 52. MISSION: To bring inspiration and innovation to every athlete .
  • 53. MISSION: To invite inspiration and innovation from every athlete . ENVISIONED FUTURE To see the prototype please contact theopenbrand@resource.com
  • 54. HOW OPEN IS YOUR BRAND? Do you compel consumers to spend time with your brand? Do you enable the community to share ideas and influence your brand? Do you make it easy to learn about and purchase your products? Do you personalize the customer’s experience?
  • 55. THANK YOU. Visit my Blog: www.MooneyThinks Download a free PDF: www.TheOpenBrand.com More company info: www.resource.com