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FINDING THE PROFIT IN
FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 1
FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 2
DEFINE
PURPOSE
pur·pose [pur-puhs]
1. The reason for which
something exists or is
done, made, used, etc.
WHAT IS MY
PURPOSE?
FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 3
FAMILY
WHAT IS MY
PURPOSE?
FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 4
BEAUTIFUL PROBLEMS
BEAUTIFUL PROBLEMS
Brands that can successfully
communicate a relevant
(usually emotive) higher
purpose will deliver
enduring differentiation and
performance compared to
those that position purely on
functional benefits.
WHAT WE
BELIEVE
FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 5
For the most part, it’s a level playing field.
Your competitors have equal access
to the same resources (consumer
research, distribution, technology, etc).
HOW HAS TRADITIONAL POSITIONING
STAGNATED?
FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 6
Everyone’s claiming and/or
replicating the same identical
functional benefits.
And marketers can often be myopic
about their claimed differences.
FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 7
HOW HAS TRADITIONAL POSITIONING
STAGNATED?
Your consumers don’t care that
much about understanding your
positioning nuances, especially if
they’re not delivered in a truly memorable
way.
We have to connect into something deeper.
FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 8
HOW HAS TRADITIONAL POSITIONING
STAGNATED?
Marketing teams, under increasing cost
and performance pressure, can often be
solely focused on the conversion
element of the purchase funnel.
But moving from awareness through
consideration to commitment requires
an emotive bond.
FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 9
HOW HAS TRADITIONAL POSITIONING
STAGNATED?
Consumer needs are evolving at an
exponential rate.
Building positioning around
functional benefits means you’re
probably going to have to change
it very soon.
FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 10
HOW HAS TRADITIONAL POSITIONING
STAGNATED?
GOT ANY
PROOF, CHUM?
FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 11
Former P&G CMO Jim Stengel,
together with Millward Brown,
studied the 50 fastest-growing
brands. They showed the brands
with the clearest brand
purpose not only impacted
people’s lives, they
outperformed the market.
FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 12
It’s neuroscience, homies.
Positioning your brand based
solely upon What and How
you do is never going to elicit
a direct behavioural response.
[Due to the Limbic what-what,
*cough cough*]
GOT ANY
PROOF, CHUM?
SIMON SINEK!
An effectively delivered and
relevant (usually
emotive) higher purpose
will beat a functional benefit.
WHAT WE
BELIEVE
FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 13
Your brand – internally and
externally - should be
aligned not with what you
do and how you do it
(process), but with why
you do it (purpose).
WHAT WE
BELIEVE
FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 14
We define ‘authenticity’ as the
truthfulness of intentions,
commitments or origins.
This only comes from a
clarity of purpose.
FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 15
WHY IS THIS SO
IMPORTANT?
WHY IS THIS SO
IMPORTANT?
FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 16
Marketing should be able to
translate itself better at the
boardroom table.
Talking about why we exist is a lot
easier than talking about a unique
selling proposition or a brand key.
Purpose is an organising principle,
internally and externally.
This is not a ‘marketing’ conversation,
it’s a business conversation.
FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 17
WHY IS THIS SO
IMPORTANT?
Organising around the why gives
better direction to the what and
the how.
It drives strategic decision-making
and brings brand seamlessly to the
heart of the business.
FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 18
WHY IS THIS SO
IMPORTANT?
RELEVANCE over ATTENTION
and
FEELING over THINKING
WHY IS THIS SO
IMPORTANT?
FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 19
FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 18
SHOW ME THE MONEY
https://www.youtube.com/watch?
v=2V-20Qe4M8Y
FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 19
SHOW ME THE MONEY
https://www.youtube.com/watch?
v=aJO2n0Nsezo
FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 20
SHOW ME THE MONEY
https://www.youtube.com/watch?
v=THS5VI267qM
1.  Define your brand’s true purpose
2.  Turn that purpose into consumer
promises or commitments
3.  Deliver on those promises by
focusing on customer experience
4.  Connect & share that purpose or
belief with consumers
GOTCHA, SO TELL ME
HOW TO DO IT
GARETH KAY!
FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 23
Ultimately, you want to answer this
question:
How does my brand actively aim
to improve the quality of
people’s lives?
GOTCHA, SO TELL ME
HOW TO DO IT
GARETH KAY!
FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 24
Ask the right questions…
•  What insights do you hold into your
customers’ true pains, needs and wants?
•  What’s changing in their lives?
•  What does your brand believe about this?
•  When at your best, what are you doing?
•  How do we want our customers to behave?
•  What do we want our customers to feel?
•  Now, what is your brand belief?
•  And why does your brand exist?
GOTCHA, SO TELL ME
HOW TO DO IT
GARETH KAY!
FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 25
If you’re battling:
•  Take your functional benefits and
keep asking – What’s important
about that? (At least five times!)
•  Remember what made your brand
famous, why was it started?
FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 26
GOTCHA, SO TELL ME
HOW TO DO IT
GARETH KAY!
GOTCHA, SO TELL ME
HOW TO DO IT
FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 27
Like authenticity, the truth will out.
No fabrication, no imitation.
This is not positioning. It’s
truth.
GOTCHA, SO TELL ME
HOW TO DO IT
FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 28
Don’t throw the baby out with the
bathwater.
Emotional benefits are
shallow without functional
benefits to back them up.
THANKS FOR
LISTENING
FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 40

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Finding the profit in purpose

  • 1. FINDING THE PROFIT IN FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 1
  • 2. FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 2 DEFINE PURPOSE pur·pose [pur-puhs] 1. The reason for which something exists or is done, made, used, etc.
  • 3. WHAT IS MY PURPOSE? FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 3 FAMILY
  • 4. WHAT IS MY PURPOSE? FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 4 BEAUTIFUL PROBLEMS BEAUTIFUL PROBLEMS
  • 5. Brands that can successfully communicate a relevant (usually emotive) higher purpose will deliver enduring differentiation and performance compared to those that position purely on functional benefits. WHAT WE BELIEVE FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 5
  • 6. For the most part, it’s a level playing field. Your competitors have equal access to the same resources (consumer research, distribution, technology, etc). HOW HAS TRADITIONAL POSITIONING STAGNATED? FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 6
  • 7. Everyone’s claiming and/or replicating the same identical functional benefits. And marketers can often be myopic about their claimed differences. FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 7 HOW HAS TRADITIONAL POSITIONING STAGNATED?
  • 8. Your consumers don’t care that much about understanding your positioning nuances, especially if they’re not delivered in a truly memorable way. We have to connect into something deeper. FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 8 HOW HAS TRADITIONAL POSITIONING STAGNATED?
  • 9. Marketing teams, under increasing cost and performance pressure, can often be solely focused on the conversion element of the purchase funnel. But moving from awareness through consideration to commitment requires an emotive bond. FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 9 HOW HAS TRADITIONAL POSITIONING STAGNATED?
  • 10. Consumer needs are evolving at an exponential rate. Building positioning around functional benefits means you’re probably going to have to change it very soon. FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 10 HOW HAS TRADITIONAL POSITIONING STAGNATED?
  • 11. GOT ANY PROOF, CHUM? FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 11 Former P&G CMO Jim Stengel, together with Millward Brown, studied the 50 fastest-growing brands. They showed the brands with the clearest brand purpose not only impacted people’s lives, they outperformed the market.
  • 12. FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 12 It’s neuroscience, homies. Positioning your brand based solely upon What and How you do is never going to elicit a direct behavioural response. [Due to the Limbic what-what, *cough cough*] GOT ANY PROOF, CHUM? SIMON SINEK!
  • 13. An effectively delivered and relevant (usually emotive) higher purpose will beat a functional benefit. WHAT WE BELIEVE FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 13
  • 14. Your brand – internally and externally - should be aligned not with what you do and how you do it (process), but with why you do it (purpose). WHAT WE BELIEVE FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 14
  • 15. We define ‘authenticity’ as the truthfulness of intentions, commitments or origins. This only comes from a clarity of purpose. FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 15 WHY IS THIS SO IMPORTANT?
  • 16. WHY IS THIS SO IMPORTANT? FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 16 Marketing should be able to translate itself better at the boardroom table. Talking about why we exist is a lot easier than talking about a unique selling proposition or a brand key.
  • 17. Purpose is an organising principle, internally and externally. This is not a ‘marketing’ conversation, it’s a business conversation. FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 17 WHY IS THIS SO IMPORTANT?
  • 18. Organising around the why gives better direction to the what and the how. It drives strategic decision-making and brings brand seamlessly to the heart of the business. FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 18 WHY IS THIS SO IMPORTANT?
  • 19. RELEVANCE over ATTENTION and FEELING over THINKING WHY IS THIS SO IMPORTANT? FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 19
  • 20. FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 18 SHOW ME THE MONEY https://www.youtube.com/watch? v=2V-20Qe4M8Y
  • 21. FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 19 SHOW ME THE MONEY https://www.youtube.com/watch? v=aJO2n0Nsezo
  • 22. FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 20 SHOW ME THE MONEY https://www.youtube.com/watch? v=THS5VI267qM
  • 23. 1.  Define your brand’s true purpose 2.  Turn that purpose into consumer promises or commitments 3.  Deliver on those promises by focusing on customer experience 4.  Connect & share that purpose or belief with consumers GOTCHA, SO TELL ME HOW TO DO IT GARETH KAY! FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 23
  • 24. Ultimately, you want to answer this question: How does my brand actively aim to improve the quality of people’s lives? GOTCHA, SO TELL ME HOW TO DO IT GARETH KAY! FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 24
  • 25. Ask the right questions… •  What insights do you hold into your customers’ true pains, needs and wants? •  What’s changing in their lives? •  What does your brand believe about this? •  When at your best, what are you doing? •  How do we want our customers to behave? •  What do we want our customers to feel? •  Now, what is your brand belief? •  And why does your brand exist? GOTCHA, SO TELL ME HOW TO DO IT GARETH KAY! FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 25
  • 26. If you’re battling: •  Take your functional benefits and keep asking – What’s important about that? (At least five times!) •  Remember what made your brand famous, why was it started? FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 26 GOTCHA, SO TELL ME HOW TO DO IT GARETH KAY!
  • 27. GOTCHA, SO TELL ME HOW TO DO IT FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 27 Like authenticity, the truth will out. No fabrication, no imitation. This is not positioning. It’s truth.
  • 28. GOTCHA, SO TELL ME HOW TO DO IT FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 28 Don’t throw the baby out with the bathwater. Emotional benefits are shallow without functional benefits to back them up.
  • 29. THANKS FOR LISTENING FINDING THE PROFIT IN PURPOSE | IMC 2013 | @jontyfisher 40