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MOVING
                                ON
                              FROM
© R P Kumar DECEMBER 2012




                              © R P Kumar, DECEMBER 2013
FRIENDLY NOTE

                                     THIS IS
                               RAJESH P. KUMAR’S
                                 INTELLECTUAL
                                   PROPERTY.

                             I’D BE DELIGHTED TO
                            WORK WITH YOU ON
                            THIS STUFF, BUT PLEASE
                               DON’T STEAL THESE
                                     IDEAS.

                            And I’ve used some graphics I didn’t
© R P Kumar DECEMBER 2012




                             create – all rights belong to the
                                          creators.
There’s a fatal disconnect
                             between what clients measure…
                            and what matters to consumers.
© R P Kumar DECEMBER 2012
MOST Client MeTRICS:
                                EXTENSION OF FINANCIAL THINKING…
                            •   Share of Market
                            •   Share of Aisle
                            •   Share of Wallet
                            •   Share of Mouth (yuck!)
                            •   Share of Stomach (double yuck!)
                            •   … ad nauseam
© R P Kumar DECEMBER 2012
… AND MOST BRAND ENGAGEMENT
                               MeTRICS EMANATE FROM “AIDA”

                            • AWARENESS: E.G. TOP OF MIND/PROMPTED
                            • INTEREST: E.G. EXPRESSED INTEREST IN
                              BRAND
                            • DESIRE: E.G. PURCHASE INTENT
                            • ACTION: E.G. CLICKS, CALLS, STORE VISITS
© R P Kumar DECEMBER 2012




                            This outdated Model is linear and unrepresentative of
                                 the inherent messiness of today’s true consumer
                                  journey…yet continues to be the basis of most
                                               engagement models!
MCKINSEY’S MODEL: FIRST ATTEMPT TO MAP
                                THE “REAL” CUSTOMER JOURNEY
                                © mckinsey & co.
© R P Kumar DECEMBER 2012




                            …BUT MOST BRAND ENGAGEMENT METRICS
                                    ARE STILL OUTDATED!
THE BOTTOM LINE:

                            WE NEED A New METRIC FOR
                             Brand ENGAGEMENT … IN

                             CONSUMER
                            VOCABULARY
© R P Kumar DECEMBER 2012
What Matters to Consumers
                                        (go ahead, add these up: that’s 47.3 hours a day!)

                                         Television: 2.5                                       PDA: 0.2              Text Messaging: 0.6

                                         Sleeping: 8.5                                   Work: 7.5                 Eating & Drinking: 1.2

                                       Newspapers: 0.7                                   Internet: 3.6                 MP3 Players: 0.5

                                         Commuting: 0.7                                  Laundry: 1.0                   Socializing: 1.7

                                  Listening to music: 1.3                                         Emailing: 1.2            Radio: 1.3

                                   Grocery Shopping: 0.7                               Child Care: 1.2            Dressing & Grooming: 0.8

                                              Instant Messenger: 1.0                                      Landline Phone: 0.7

                                  Health Self-Care: 1.7                               Exercise: 1.0                Food Preparation: 0.8

                                         Cell Phone: 0.6                               Magazines: 0.6                 Online Blogs: 0.6

                                     Kitchen Clean-Up: 0.5 Research/Homework: 3.0                                    Personal Shopping: 1.1
© R P Kumar DECEMBER 2012




                                          Online Video Games: 0.5                                           Console Video Games: 0.3
                            Source: Henley Center HeadlightVision – American Time Use Survey
The idea of having limited time on this planet is
                            ubiquitous over the ages and across cultures.


                            TIME IS THE ULTIMATE
                              SCARCE RESOURCE.
© R P Kumar DECEMBER 2012
© R P Kumar DECEMBER 2012



                            1700’s
© R P Kumar DECEMBER 2012


                            1930’s
1980’S PHILOSOPHERS The Moody Blues: “22,000 DAYS”

                                                                 Eve n though I know it's only



                                                                        Me and my dre ams



                                                                Th at drive me so l et me go pl ea se



                                                                     Le t me go on to tomorrow



                                                                         One da y at a time



                                                                 Now I know the only foe is time




                                                                Eve rybody kn ows , it a lwa ys shows



                                                                  Wa sting time's an a ggrava tion



                                                                  Got no time for confronta tion



                                                                      You want to take a lot



                                                                     By love by l aw or ste alth



                                                              Time's the onl y re al wea lth you’ve got




                                                                    22,000 da ys , 22,000 da ys



                                                                         I t's not a lot,



                                                                        It's a ll you got



                                                                          2 2,000 da ys



                                                                  22,00 0 nights, 22,000 nights,
© R P Kumar DECEMBER 2012




                                                                       I t's all you know



                                                                       So start the show



                                                                          2 2,000 da ys
What’s common to these?
                                           The notion of flow..
                                              The flow of time.
                            Not an endless flow – but WITH A definite beginning.
                                             AND A definite end.




                                      There is only
                                      so much time.
© R P Kumar DECEMBER 2012
Introducing a New Notion:


                            Share of Time
© R P Kumar DECEMBER 2012
The Opportunity:
                            Recognise that the time a consumer engages with a
                              brand is time they could have spent elsewhere…



                              … RECOGNISE AND CELEBRATE
                              each and every minute
                                     SHE engageS with us.
© R P Kumar DECEMBER 2012
What does Share of Time mean
                                 in the context of brands?



                                    A formal definition:

                            The aggregate amount of time,
                            as a proportion of the average
                                lifespan of a consumer,
                                that he or she spends
                              engaging with a brand …
© R P Kumar DECEMBER 2012




                            OR WHAT THE BRAND REPRESENTS.
OPPORTUNITY: INTEGRATE TRADITIONAL METRICS INTO

                                   THREE OVERARCHING
                                BRAND ENGAGEMENT METRICS

                               ALIGNMENT           CHATTER             ACTION
                            HOW much time       HOW much time     HOW much time
                            and energy do       and energy do      do consumers
                              consumers        consumers spend    spend actually
                             spend on the        discussing /       interacting
                             same BELIEFS as   blogging about     with our BRAND
                              our brand        our brand? What     IN their DAILY
© R P Kumar DECEMBER 2012




                                 BELIEFS?        do they say?           LIves?
BRINGING THE ALIGNMENT INDEX TO LIFE




                            Contact rajesh p. kumar for research design,
                             execution, findings and recommendations
© R P Kumar DECEMBER 2012
BRINGING THE CHATTER INDEX TO LIFE




                            Contact rajesh p. kumar for research design,
                             execution, findings and recommendations
© R P Kumar DECEMBER 2012
BRINGING THE ACTION INDEX TO LIFE




                            Contact rajesh p. kumar for research design,
                             execution, findings and recommendations
© R P Kumar DECEMBER 2012
BRINGING IT ALL TOGETHER:
                            THE “share of time” CUBE provides a true
                            measure of brand engagement in terms of
                                   both quantity and quality

                                    ALIGNMENT INDEX
© R P Kumar DECEMBER 2012




                                                      CH
                                                        AT                                          X
                                                             TE                                   DE
                                                                R                            IN
                                                                    IN                   N
                                                                       D   EX     TI O
                                                                                AC
So who’s living this dream ALREADY?

                            The best brands in the world have UNKNOWINGLY
                            ALREADY redefined their role in consumers’ lives
                                    not in terms of economic share…
                             OR IN TRADITIONAL BRAND ENGAGEMENT METRICS …


                            but in terms of Share of Time.
© R P Kumar DECEMBER 2012
What WAS BEING       … Should be measured as
© R P Kumar DECEMBER 2012




                            measured as Share of   Share of Time spent in a
                            Mouth in beverages…     Starbucks coffee shop,
                                                   discussing new flavors...
What WAS BEING measured   … should be measured as Share
© R P Kumar DECEMBER 2012




                                as Share of the        of Time spent engaging with
                              Automotive Market        Porsche (driving, blogging,
                                                              researching…)
What WAS BEING       … should be measured as Share of
                            measured as Share of   Time spent engaging with Whole
© R P Kumar DECEMBER 2012




                                 Pantry…              Foods (shopping, blogging,
                                                     discussing, recommending…)
© R P Kumar DECEMBER 2012




                              What WAS BEING       ….should be measured as
                            measured as Share of      Share of Time spent
                                  Cart…             shopping, researching,
                                                        visiting Target.
Share of Time Concept: a Metamorphosis.
© R P Kumar DECEMBER 2012




                            Client View: Narrow. Restricted.   Consumer View: Open. Unfettered.
© R P Kumar DECEMBER 2012




        TH
             A
                            Share of Time
               NK
                      YOU

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RP Kumar's new Brand Engagement Approach

  • 1. MOVING ON FROM © R P Kumar DECEMBER 2012 © R P Kumar, DECEMBER 2013
  • 2. FRIENDLY NOTE THIS IS RAJESH P. KUMAR’S INTELLECTUAL PROPERTY. I’D BE DELIGHTED TO WORK WITH YOU ON THIS STUFF, BUT PLEASE DON’T STEAL THESE IDEAS. And I’ve used some graphics I didn’t © R P Kumar DECEMBER 2012 create – all rights belong to the creators.
  • 3. There’s a fatal disconnect between what clients measure… and what matters to consumers. © R P Kumar DECEMBER 2012
  • 4. MOST Client MeTRICS: EXTENSION OF FINANCIAL THINKING… • Share of Market • Share of Aisle • Share of Wallet • Share of Mouth (yuck!) • Share of Stomach (double yuck!) • … ad nauseam © R P Kumar DECEMBER 2012
  • 5. … AND MOST BRAND ENGAGEMENT MeTRICS EMANATE FROM “AIDA” • AWARENESS: E.G. TOP OF MIND/PROMPTED • INTEREST: E.G. EXPRESSED INTEREST IN BRAND • DESIRE: E.G. PURCHASE INTENT • ACTION: E.G. CLICKS, CALLS, STORE VISITS © R P Kumar DECEMBER 2012 This outdated Model is linear and unrepresentative of the inherent messiness of today’s true consumer journey…yet continues to be the basis of most engagement models!
  • 6. MCKINSEY’S MODEL: FIRST ATTEMPT TO MAP THE “REAL” CUSTOMER JOURNEY © mckinsey & co. © R P Kumar DECEMBER 2012 …BUT MOST BRAND ENGAGEMENT METRICS ARE STILL OUTDATED!
  • 7. THE BOTTOM LINE: WE NEED A New METRIC FOR Brand ENGAGEMENT … IN CONSUMER VOCABULARY © R P Kumar DECEMBER 2012
  • 8. What Matters to Consumers (go ahead, add these up: that’s 47.3 hours a day!) Television: 2.5 PDA: 0.2 Text Messaging: 0.6 Sleeping: 8.5 Work: 7.5 Eating & Drinking: 1.2 Newspapers: 0.7 Internet: 3.6 MP3 Players: 0.5 Commuting: 0.7 Laundry: 1.0 Socializing: 1.7 Listening to music: 1.3 Emailing: 1.2 Radio: 1.3 Grocery Shopping: 0.7 Child Care: 1.2 Dressing & Grooming: 0.8 Instant Messenger: 1.0 Landline Phone: 0.7 Health Self-Care: 1.7 Exercise: 1.0 Food Preparation: 0.8 Cell Phone: 0.6 Magazines: 0.6 Online Blogs: 0.6 Kitchen Clean-Up: 0.5 Research/Homework: 3.0 Personal Shopping: 1.1 © R P Kumar DECEMBER 2012 Online Video Games: 0.5 Console Video Games: 0.3 Source: Henley Center HeadlightVision – American Time Use Survey
  • 9. The idea of having limited time on this planet is ubiquitous over the ages and across cultures. TIME IS THE ULTIMATE SCARCE RESOURCE. © R P Kumar DECEMBER 2012
  • 10. © R P Kumar DECEMBER 2012 1700’s
  • 11. © R P Kumar DECEMBER 2012 1930’s
  • 12. 1980’S PHILOSOPHERS The Moody Blues: “22,000 DAYS” Eve n though I know it's only Me and my dre ams Th at drive me so l et me go pl ea se Le t me go on to tomorrow One da y at a time Now I know the only foe is time Eve rybody kn ows , it a lwa ys shows Wa sting time's an a ggrava tion Got no time for confronta tion You want to take a lot By love by l aw or ste alth Time's the onl y re al wea lth you’ve got 22,000 da ys , 22,000 da ys I t's not a lot, It's a ll you got 2 2,000 da ys 22,00 0 nights, 22,000 nights, © R P Kumar DECEMBER 2012 I t's all you know So start the show 2 2,000 da ys
  • 13. What’s common to these? The notion of flow.. The flow of time. Not an endless flow – but WITH A definite beginning. AND A definite end. There is only so much time. © R P Kumar DECEMBER 2012
  • 14. Introducing a New Notion: Share of Time © R P Kumar DECEMBER 2012
  • 15. The Opportunity: Recognise that the time a consumer engages with a brand is time they could have spent elsewhere… … RECOGNISE AND CELEBRATE each and every minute SHE engageS with us. © R P Kumar DECEMBER 2012
  • 16. What does Share of Time mean in the context of brands? A formal definition: The aggregate amount of time, as a proportion of the average lifespan of a consumer, that he or she spends engaging with a brand … © R P Kumar DECEMBER 2012 OR WHAT THE BRAND REPRESENTS.
  • 17. OPPORTUNITY: INTEGRATE TRADITIONAL METRICS INTO THREE OVERARCHING BRAND ENGAGEMENT METRICS ALIGNMENT CHATTER ACTION HOW much time HOW much time HOW much time and energy do and energy do do consumers consumers consumers spend spend actually spend on the discussing / interacting same BELIEFS as blogging about with our BRAND our brand our brand? What IN their DAILY © R P Kumar DECEMBER 2012 BELIEFS? do they say? LIves?
  • 18. BRINGING THE ALIGNMENT INDEX TO LIFE Contact rajesh p. kumar for research design, execution, findings and recommendations © R P Kumar DECEMBER 2012
  • 19. BRINGING THE CHATTER INDEX TO LIFE Contact rajesh p. kumar for research design, execution, findings and recommendations © R P Kumar DECEMBER 2012
  • 20. BRINGING THE ACTION INDEX TO LIFE Contact rajesh p. kumar for research design, execution, findings and recommendations © R P Kumar DECEMBER 2012
  • 21. BRINGING IT ALL TOGETHER: THE “share of time” CUBE provides a true measure of brand engagement in terms of both quantity and quality ALIGNMENT INDEX © R P Kumar DECEMBER 2012 CH AT X TE DE R IN IN N D EX TI O AC
  • 22. So who’s living this dream ALREADY? The best brands in the world have UNKNOWINGLY ALREADY redefined their role in consumers’ lives not in terms of economic share… OR IN TRADITIONAL BRAND ENGAGEMENT METRICS … but in terms of Share of Time. © R P Kumar DECEMBER 2012
  • 23. What WAS BEING … Should be measured as © R P Kumar DECEMBER 2012 measured as Share of Share of Time spent in a Mouth in beverages… Starbucks coffee shop, discussing new flavors...
  • 24. What WAS BEING measured … should be measured as Share © R P Kumar DECEMBER 2012 as Share of the of Time spent engaging with Automotive Market Porsche (driving, blogging, researching…)
  • 25. What WAS BEING … should be measured as Share of measured as Share of Time spent engaging with Whole © R P Kumar DECEMBER 2012 Pantry… Foods (shopping, blogging, discussing, recommending…)
  • 26. © R P Kumar DECEMBER 2012 What WAS BEING ….should be measured as measured as Share of Share of Time spent Cart… shopping, researching, visiting Target.
  • 27. Share of Time Concept: a Metamorphosis. © R P Kumar DECEMBER 2012 Client View: Narrow. Restricted. Consumer View: Open. Unfettered.
  • 28. © R P Kumar DECEMBER 2012 TH A Share of Time NK YOU

Editor's Notes

  1. Base increases by 25% while budget decreases by 13% Commitments -- Calls: 215k Clicks: 1.7M Sales: 72k