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In search of
Australia’s
most authentic
brands
In search of Australia’s most authentic brands                                 23 October 2008




A crisis of confidence
14/10/07 – 10/10/08




                                                 www.authenticbrandindex.com
In search of Australia’s most authentic brands                                 23 October 2008




Inauthentic
people




                                                 www.authenticbrandindex.com
In search of Australia’s most authentic brands                                 23 October 2008




Authentic
people




                                                 www.authenticbrandindex.com
In search of Australia’s most authentic brands                                                 23 October 2008




What do
they have                                         Strong
                                                              Original
                                                                                           Do what
in common?                                        beliefs                                  they say




                                                 Confident    Sincere                       Unique




                                                  Down
                                                             Visionary                     Relatable
                                                 to earth




                                                             www.authenticbrandindex.com
In search of Australia’s most authentic brands                                 23 October 2008




Authenticity
drivers




                                                 www.authenticbrandindex.com
In search of Australia’s most authentic brands                                 23 October 2008




Overachievers




                                                 www.authenticbrandindex.com
In search of Australia’s most authentic brands                                 23 October 2008




Predictors of
overachievement




                                                 www.authenticbrandindex.com
In search of Australia’s most authentic brands                                             23 October 2008




Authenticity and                                                               Q6 willing to recommend


advocacy                                                                       Power
                                                                               (Q6 willing to recommend))




                                                                                               1.5398
                                                                                 y = 2.4579x
                                                                                R2 = 0.6832




                                                 www.authenticbrandindex.com
In search of Australia’s most authentic brands                                 23 October 2008




Examples
of high
authenticity
brands




                                                 www.authenticbrandindex.com
In search of Australia’s most authentic brands                                 23 October 2008




Leveraging
heritage:
Vegemite




                                                 www.authenticbrandindex.com
In search of Australia’s most authentic brands                                 23 October 2008




Creating
heritage:
Billabong




                                                 www.authenticbrandindex.com
In search of Australia’s most authentic brands                                 23 October 2008




An absolute original:
Google




                                                 www.authenticbrandindex.com
In search of Australia’s most authentic brands                                 23 October 2008




Beware the
middle of
the road




                                                 www.authenticbrandindex.com
In search of Australia’s most authentic brands                                 23 October 2008




The majors are challenged by
more single minded competitors




                                                 www.authenticbrandindex.com
In search of Australia’s most authentic brands                                 23 October 2008




Driving sincerity:
Bunnings




                                                 www.authenticbrandindex.com
In search of Australia’s most authentic brands                                 23 October 2008




A beliefs driven
renaissance:
Westpac




                                                 www.authenticbrandindex.com
In search of Australia’s most authentic brands                                 23 October 2008




Driving Westpac
reappraisal




                                                 www.authenticbrandindex.com
In search of Australia’s most authentic brands                                 22 October 2008




Conclusions




                                                 www.authenticbrandindex.com
In search of Australia’s most authentic brands                                 23 October 2008




It all starts
with clarity
of purpose




                                                 www.authenticbrandindex.com
In search of Australia’s most authentic brands                                 23 October 2008




Embed your
brand in the
business
model




                                                 www.authenticbrandindex.com
In search of Australia’s most authentic brands                                            23 October 2008




Stimulate
progress
and reinvest                                     Preserve
in the core                                      Core values
                                                 Core purpose




                                                                   Change
                                                                Cultural and
                                                             operating practices
                                                               Specific goals
                                                               and strategies




                                                            www.authenticbrandindex.com
In search of Australia’s most authentic brands                                 23 October 2008




Be courageous,
stay faithful to
your direction,
never forget
where you
came from




                                                 www.authenticbrandindex.com

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Brand Authenticity

  • 2. In search of Australia’s most authentic brands 23 October 2008 A crisis of confidence 14/10/07 – 10/10/08 www.authenticbrandindex.com
  • 3. In search of Australia’s most authentic brands 23 October 2008 Inauthentic people www.authenticbrandindex.com
  • 4. In search of Australia’s most authentic brands 23 October 2008 Authentic people www.authenticbrandindex.com
  • 5. In search of Australia’s most authentic brands 23 October 2008 What do they have Strong Original Do what in common? beliefs they say Confident Sincere Unique Down Visionary Relatable to earth www.authenticbrandindex.com
  • 6. In search of Australia’s most authentic brands 23 October 2008 Authenticity drivers www.authenticbrandindex.com
  • 7. In search of Australia’s most authentic brands 23 October 2008 Overachievers www.authenticbrandindex.com
  • 8. In search of Australia’s most authentic brands 23 October 2008 Predictors of overachievement www.authenticbrandindex.com
  • 9. In search of Australia’s most authentic brands 23 October 2008 Authenticity and Q6 willing to recommend advocacy Power (Q6 willing to recommend)) 1.5398 y = 2.4579x R2 = 0.6832 www.authenticbrandindex.com
  • 10. In search of Australia’s most authentic brands 23 October 2008 Examples of high authenticity brands www.authenticbrandindex.com
  • 11. In search of Australia’s most authentic brands 23 October 2008 Leveraging heritage: Vegemite www.authenticbrandindex.com
  • 12. In search of Australia’s most authentic brands 23 October 2008 Creating heritage: Billabong www.authenticbrandindex.com
  • 13. In search of Australia’s most authentic brands 23 October 2008 An absolute original: Google www.authenticbrandindex.com
  • 14. In search of Australia’s most authentic brands 23 October 2008 Beware the middle of the road www.authenticbrandindex.com
  • 15. In search of Australia’s most authentic brands 23 October 2008 The majors are challenged by more single minded competitors www.authenticbrandindex.com
  • 16. In search of Australia’s most authentic brands 23 October 2008 Driving sincerity: Bunnings www.authenticbrandindex.com
  • 17. In search of Australia’s most authentic brands 23 October 2008 A beliefs driven renaissance: Westpac www.authenticbrandindex.com
  • 18. In search of Australia’s most authentic brands 23 October 2008 Driving Westpac reappraisal www.authenticbrandindex.com
  • 19. In search of Australia’s most authentic brands 22 October 2008 Conclusions www.authenticbrandindex.com
  • 20. In search of Australia’s most authentic brands 23 October 2008 It all starts with clarity of purpose www.authenticbrandindex.com
  • 21. In search of Australia’s most authentic brands 23 October 2008 Embed your brand in the business model www.authenticbrandindex.com
  • 22. In search of Australia’s most authentic brands 23 October 2008 Stimulate progress and reinvest Preserve in the core Core values Core purpose Change Cultural and operating practices Specific goals and strategies www.authenticbrandindex.com
  • 23. In search of Australia’s most authentic brands 23 October 2008 Be courageous, stay faithful to your direction, never forget where you came from www.authenticbrandindex.com