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FUTURELAB

  A Little Less Conversation,
  A Little More Action




               Feel free to re-use or mash-up this presentation under Creative Commons 2.0
               licence (non-commercial, attribution)




For more information on this topic, subscribe to: http://blog.futurelab.net
From the conference brochure

      The central theme for Marktplein DM is Marktplein 2.0: A little less
      action, a little more conversation. A theme that comes from the
      current developments in DM and online. The consumer is ever
      more in charge. Only he seldomly talks with the companies he buys
      from. And ever more with others about the brands he buys. Positive
      and negative.

      During Marktplein 2.0: A little less action, a little more conversation you
      will hear stories from companies who recognise this     new situation
      and act upon it.



FUTURELAB
1955 1967 1983 2001 2007
Word-of-mouth is 7x more effective than newspaper
advertising, 5x stronger than a personal sales pitch and 2x
as effective as radio advertising
Marketing Science Institute, 2006




  FUTURELAB
After 52 years of facts and research stating that WOM is key




    … do marketers still need to learn how to deal with it




                                                       FUTURELAB
WE FOCUS ON THE       WE DON’T GIVE PEOPLE    WE PREFER A ONE NIGHT
SYMPTOMS, RATHER THAN   SOMETHING ENOUGH TO     STAND OVER A COMMITTED
     THE DISEASE             TALK “ABOUT”            RELATIONSHIP




                                                             FUTURELAB
WE FOCUS ON THE       WE DON’T GIVE PEOPLE    WE PREFER A ONE NIGHT
SYMPTOMS, RATHER THAN   SOMETHING ENOUGH TO     STAND OVER A COMMITTED
     THE DISEASE             TALK “ABOUT”            RELATIONSHIP




                                                             FUTURELAB
What drives conversations?




                             FUTURELAB
EXPERIENCE – EMOTION – WOM
“44% of consumers say the majority of their Customer Experiences are “bland”

           Customer Satisfaction Averages, New Zealand, 2006

          10
           9
           8
           7
           6
           5
           4
           3
           2
           1
           0
                                                                          Travel Agent




                                                                                                                                                                                                                             Health Service
                             Building Society




                                                                                                                                                                                                                                              Local Council
                                                                                                                            Insurer
                                                Car Manufacturer




                                                                                                                                                        Phone Provider
                                                                                                     Electricity Provider




                                                                                                                                      Mobile Provider




                                                                                                                                                                                        Web based company
               Supermarket




                                                                                                                                                                         Gas Provider




                                                                                                                                                                                                            Water provider
                                                                   Bank




                                                                                         Book Shop




                                                                             Source: SRD Group, Customer Satisfaction Averages, New Zealand, 2006
And most wouldn’t recommend a brand
                                                     Telecom Europe = - 48%




                                                                Profusion, 2005



  BTW: The same often applies to the people working for the brand themselves
80% of CEO’s believe their brand
provides a superior customer
experience

8 % of their customers agree

(Bain & Company)




FUTURELAB
Do you talk about brands that leave you indifferent?
FUTURELAB
Does your brand systematically delight customers?




   TO AFFECT THE CONVERSATION
DON’T FOCUS ON WOM AS A SYMPTOM
 YET START DELIGHTING CUSTOMERS




FUTURELAB
WE FOCUS ON THE       WE DON’T GIVE PEOPLE    WE PREFER A ONE NIGHT
SYMPTOMS, RATHER THAN   SOMETHING ENOUGH TO     STAND OVER A COMMITTED
     THE DISEASE             TALK “ABOUT”            RELATIONSHIP




                                                             FUTURELAB
In a million channel world,
brands whose consumers
  tell the best stories, win

                        FUTURELAB
Don’t Just Tell Me Anything


   Tell me stories
   that make   my  conversations
   more interesting
FEATURES - BENEFITS
            VALUES - PROPOSITIONS


            WHERE ARE THE
            STORIES ???
FUTURELAB
Brands must become storytellers
So it is possible for customers to talk about them.




FUTURELAB
THE GREATEST MARKETING STORY EVER
Origins
Pope Innocent III
Fourth Lateran Council (1215)
                                Birthstones
BUT WHY THE DIAMONDS?
FUTURELAB




            1938: Harry Oppenheimer meets Gerold M. Lauk of N.W.Ayer
Cullinan IX




Europe




         1938   1948   1953                  1990s

                               Cullinan III & IV


                                        FUTURELAB
Video http://www.youtube.com/watch?v=p0FDGnAIWpk




                                         FUTURELAB
Stories replace 1,500 years tradition

1967   The Beers Goes Japan (occasional)
1972   Diamonds = 27%
1981   Diamonds = 60%
2007   Second largest diamond market (after US)
Hemingway
 Van Gogh
  Chabrol
   Sartre
     ...
What is the story of your brand?


      TO AFFECT THE CONVERSATION
   TELL STORIES WHICH CUSTOMERS CAN
         AND WANT TO TALK ABOUT




FUTURELAB
WE FOCUS ON THE       WE DON’T GIVE PEOPLE    WE PREFER A ONE NIGHT
SYMPTOMS, RATHER THAN   SOMETHING ENOUGH TO     STAND OVER A COMMITTED
     THE DISEASE             TALK “ABOUT”            RELATIONSHIP




                                                             FUTURELAB
Are You a One Night Brand?
               Renault vs. SonyStyle
How often do you really talk to your customers?
Do you keep your promises?
                                                           http://www.youtube.co
We show that we value our customers by serving them        m/watch?v=xaaAYVU
                                                                    WP0I
well, putting their needs and interests at the center of
everything we do. (AOL mission statement)
TO AFFECT THE CONVERSATION
YOU WANT ME TO CARE

If you want me to care …

Call me

Write me

Buy me flowers

But don’t dare take me for granted



                            FUTURELAB
FOCUS ON THE        TELL STORIES SO PEOPLE   IF YOU WANT CUSTOMERS
 DISEASE, BY MAKING    ACTUALLY HAVE SOMETHING      TO COMMIT TO YOU,
THE TOTAL EXPERIENCE         TO TALK ABOUT       SHOW SOME COMMITMENT
       UNIQUE                                             FIRST




                                                             FUTURELAB
FUTURELAB




But I’m just a marketer
   That is not my department …
YES IT IS …

Your brand communicates every time
       it touches a customer.

As a marketer you need to manage
      this communication.

This makes you responsible for each
        “moment of truth”




                            FUTURELAB
Consider Each Moment of Truth as a Brand Expression

                                                                                                 1. Identify every touchpoint of
                                                                                                    your brand

                                                                                                 2. Prioritise it’s (emotional)
                                                                                                    importance to the customer

                                                                                                 3. Determine what your brand
                                                                                                    promise means at this
                                                                                                    touchpoint

                                                                                                 4. Enlist support of your
                                                                                                    colleagues, retailers, …

                                                                                                 5. Measure and manage
  Source: DAVIS S., LONGORIA T., “Harmonising Your Touchpoints”, Brand Packaging, Jan/Feb 2003




                                                                                                                         FUTURELAB
TO MANAGE WORD-OF-MOUTH

    YOU NEED TO MANAGE THE EMOTION

TO MANAGE THE EMOTION, YOU NEED TO TAKE
      CONTROL OF THE EXPERIENCE

THIS MEANS GETTING INVOLVED IN EVERYTHING
           YOUR BUSINESS DOES




                                          FUTURELAB
FUTURELAB

A Little Less Conversation,
A Little More Action




      Feel free to re-use or mash-up this
      presentation under Creative Commons
      2.0 licence (non-commercial, attribution)

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A Little Less Conversation

  • 1. FUTURELAB A Little Less Conversation, A Little More Action Feel free to re-use or mash-up this presentation under Creative Commons 2.0 licence (non-commercial, attribution) For more information on this topic, subscribe to: http://blog.futurelab.net
  • 2. From the conference brochure The central theme for Marktplein DM is Marktplein 2.0: A little less action, a little more conversation. A theme that comes from the current developments in DM and online. The consumer is ever more in charge. Only he seldomly talks with the companies he buys from. And ever more with others about the brands he buys. Positive and negative. During Marktplein 2.0: A little less action, a little more conversation you will hear stories from companies who recognise this new situation and act upon it. FUTURELAB
  • 3. 1955 1967 1983 2001 2007 Word-of-mouth is 7x more effective than newspaper advertising, 5x stronger than a personal sales pitch and 2x as effective as radio advertising Marketing Science Institute, 2006 FUTURELAB
  • 4. After 52 years of facts and research stating that WOM is key … do marketers still need to learn how to deal with it FUTURELAB
  • 5. WE FOCUS ON THE WE DON’T GIVE PEOPLE WE PREFER A ONE NIGHT SYMPTOMS, RATHER THAN SOMETHING ENOUGH TO STAND OVER A COMMITTED THE DISEASE TALK “ABOUT” RELATIONSHIP FUTURELAB
  • 6. WE FOCUS ON THE WE DON’T GIVE PEOPLE WE PREFER A ONE NIGHT SYMPTOMS, RATHER THAN SOMETHING ENOUGH TO STAND OVER A COMMITTED THE DISEASE TALK “ABOUT” RELATIONSHIP FUTURELAB
  • 9. “44% of consumers say the majority of their Customer Experiences are “bland” Customer Satisfaction Averages, New Zealand, 2006 10 9 8 7 6 5 4 3 2 1 0 Travel Agent Health Service Building Society Local Council Insurer Car Manufacturer Phone Provider Electricity Provider Mobile Provider Web based company Supermarket Gas Provider Water provider Bank Book Shop Source: SRD Group, Customer Satisfaction Averages, New Zealand, 2006
  • 10. And most wouldn’t recommend a brand Telecom Europe = - 48% Profusion, 2005 BTW: The same often applies to the people working for the brand themselves
  • 11. 80% of CEO’s believe their brand provides a superior customer experience 8 % of their customers agree (Bain & Company) FUTURELAB
  • 12. Do you talk about brands that leave you indifferent? FUTURELAB
  • 13. Does your brand systematically delight customers? TO AFFECT THE CONVERSATION DON’T FOCUS ON WOM AS A SYMPTOM YET START DELIGHTING CUSTOMERS FUTURELAB
  • 14. WE FOCUS ON THE WE DON’T GIVE PEOPLE WE PREFER A ONE NIGHT SYMPTOMS, RATHER THAN SOMETHING ENOUGH TO STAND OVER A COMMITTED THE DISEASE TALK “ABOUT” RELATIONSHIP FUTURELAB
  • 15. In a million channel world, brands whose consumers tell the best stories, win FUTURELAB
  • 16. Don’t Just Tell Me Anything Tell me stories that make my conversations more interesting
  • 17. FEATURES - BENEFITS VALUES - PROPOSITIONS WHERE ARE THE STORIES ??? FUTURELAB
  • 18. Brands must become storytellers So it is possible for customers to talk about them. FUTURELAB
  • 20. Origins Pope Innocent III Fourth Lateran Council (1215) Birthstones
  • 21. BUT WHY THE DIAMONDS?
  • 22. FUTURELAB 1938: Harry Oppenheimer meets Gerold M. Lauk of N.W.Ayer
  • 23. Cullinan IX Europe 1938 1948 1953 1990s Cullinan III & IV FUTURELAB
  • 25. Stories replace 1,500 years tradition 1967 The Beers Goes Japan (occasional) 1972 Diamonds = 27% 1981 Diamonds = 60% 2007 Second largest diamond market (after US)
  • 26. Hemingway Van Gogh Chabrol Sartre ...
  • 27. What is the story of your brand? TO AFFECT THE CONVERSATION TELL STORIES WHICH CUSTOMERS CAN AND WANT TO TALK ABOUT FUTURELAB
  • 28. WE FOCUS ON THE WE DON’T GIVE PEOPLE WE PREFER A ONE NIGHT SYMPTOMS, RATHER THAN SOMETHING ENOUGH TO STAND OVER A COMMITTED THE DISEASE TALK “ABOUT” RELATIONSHIP FUTURELAB
  • 29. Are You a One Night Brand? Renault vs. SonyStyle
  • 30. How often do you really talk to your customers?
  • 31. Do you keep your promises? http://www.youtube.co We show that we value our customers by serving them m/watch?v=xaaAYVU WP0I well, putting their needs and interests at the center of everything we do. (AOL mission statement)
  • 32. TO AFFECT THE CONVERSATION YOU WANT ME TO CARE If you want me to care … Call me Write me Buy me flowers But don’t dare take me for granted FUTURELAB
  • 33. FOCUS ON THE TELL STORIES SO PEOPLE IF YOU WANT CUSTOMERS DISEASE, BY MAKING ACTUALLY HAVE SOMETHING TO COMMIT TO YOU, THE TOTAL EXPERIENCE TO TALK ABOUT SHOW SOME COMMITMENT UNIQUE FIRST FUTURELAB
  • 34. FUTURELAB But I’m just a marketer That is not my department …
  • 35. YES IT IS … Your brand communicates every time it touches a customer. As a marketer you need to manage this communication. This makes you responsible for each “moment of truth” FUTURELAB
  • 36. Consider Each Moment of Truth as a Brand Expression 1. Identify every touchpoint of your brand 2. Prioritise it’s (emotional) importance to the customer 3. Determine what your brand promise means at this touchpoint 4. Enlist support of your colleagues, retailers, … 5. Measure and manage Source: DAVIS S., LONGORIA T., “Harmonising Your Touchpoints”, Brand Packaging, Jan/Feb 2003 FUTURELAB
  • 37. TO MANAGE WORD-OF-MOUTH YOU NEED TO MANAGE THE EMOTION TO MANAGE THE EMOTION, YOU NEED TO TAKE CONTROL OF THE EXPERIENCE THIS MEANS GETTING INVOLVED IN EVERYTHING YOUR BUSINESS DOES FUTURELAB
  • 38. FUTURELAB A Little Less Conversation, A Little More Action Feel free to re-use or mash-up this presentation under Creative Commons 2.0 licence (non-commercial, attribution)