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Hugues L. Rey
TALLINN, 3RD OF NOVEMBER 2022
The Virtuous Struggle for Sustainabilty
Leads to Meaningful (and Profitable) Brands
- a concrete state of play for marketers -
SUSTAINABLE
DEVELOPMENT
GOALS ARE
MULTIPLE
Social
poverty, violence, injustice,
education, public health, and labor
and human rights
Economic
for people: securing food, water,
shelter, and creature comforts; for
businesses: turning a profit
Environmental
protect and restore the Earth—
climate change, preserving natural
resources, and preventing waste
Cultural
protect and value the diversity
through which communities
manifest their identity and
cultivate traditions across
generations
THE ‘END OF THE WORLD’
VS
THE ‘END OF THE MONTH’
UNDERSTANDING SOCIAL
RESISTANCE TO SUSTAINABILITY
TRANSITION AGENDAS, A LESSON
FROM THE YELLOW VESTS IN
FRANCE
PublicHealth
78%
Economy
Politics Environment
77%
72% 72%
SOURCE: MEANINGFUL BRANDS™ 2021
A state of crisis
has shifted our
priorities
Three quarters of Global Citizens
feel we are living in a global crisis
across four key areas
THIS REPORT IS PRIVATE AND CONFIDENTIAL AND IS THE COPYRIGHT OF HAVAS GROUP
73%
think brands must
act NOW for the
good of
society & planet
Expectation
is at an
All Time High
SOURCE: MEANINGFUL BRANDS™ 2021
THIS REPORT IS PRIVATE AND CONFIDENTIAL AND IS THE COPYRIGHT OF HAVAS GROUP
Twelve Year study exploring how brands
tangibly improve peoples’ lives
functionally, enhance their personal well-
being, ….
and contribute to
wider society
THIS REPORT IS PRIVATE AND CONFIDENTIAL AND IS THE COPYRIGHT OF HAVAS GROUP
Havas
concrete
&
applicable
Answer to the
Sunstainable
Goals
Challenge in a
Competitive
Marketing
Landscape
A Tangible Definition of 'Meaningful'
Understanding what matters across 3 pillars and 14 dimensions
PERSONAL BENEFITS
Messaging and behavior that connects
on an individual basis and serves a
specific personal need or want
COLLECTIVE BENEFITS
Company initiatives, behaviors, and
actions that respond to and connect
at the social and cultural level
FUNCTIONAL BENEFITS
Rational benefits focused on product
functionality , customer service,
interactivity, and technology
FUNCTIONAL
ECONOMY EMPLOYER ETHICS GOOD LIVING ENVIRONMENT SOCIAL
JUSTICE
PHYSICAL ORGANISATIONAL FINANCIAL INTELLECTUAL SOCIAL EMOTIONAL NATURAL
THIS REPORT IS PRIVATE AND CONFIDENTIAL AND IS THE COPYRIGHT OF HAVAS GROUP
There are
immediate
opportunities to
forge
meaningful
connections in
the short term
of Consumers expect
Brands to show
support to people in
times of crisis
v
77%
THIS REPORT IS PRIVATE AND CONFIDENTIAL AND IS THE COPYRIGHT OF HAVAS GROUP
Move the Marketing Mix from 4P’s to S.A.V.E.
in a Meaningful Connections
Product Place
Price Promotion
Service Value Access
Engage, Entertain,
Educate
Move the Marketing Mix from 4P’s to S.A.V.E.
in a Meaningful Connections
Product Place
Price Promotion
Service Value Access
Engage, Entertain,
Educate
Move the Marketing Mix from 4P’s to S.A.V.E.
in a Meaningful Connections
Product Place
Price Promotion
Service Value Access
Engage, Entertain,
Educate
Move the Marketing Mix from 4P’s to S.A.V.E.
in a Meaningful Connections
Product Place
Price Promotion
Service Value Access
Engage, Entertain,
Educate
SOURCE: MEANINGFUL BRANDS™ 2021
71%
Of Consumers are Tired of
Brands’ Empty Promises
Worsestill-UncertaintySpillsover.
Politicalandsocialunrest,
disinformationanddistrusthave
beguntoimpactourrelationship
withbrands.
THIS REPORT IS PRIVATE AND CONFIDENTIAL AND IS THE COPYRIGHT OF HAVAS GROUP
BANQUE
SOCIETE
GENERALE DE
BELGIQUE (1822)
FORTIS
BNPPF
2009 - to avoid an inevitable bankruptcy (following an unfortunate
acquisition policy and the subprime crisis), the largest and
oldest Belgian bank is integrated into a French
Global group
2010 - A promise of 1 Billion euros could be inconsistent if
you are a small independent
ENGAGE LOCALY TO MOVE FROM “PROMOTION”
TO SHOW SUPPORT
ENTERTAIN
OSEP Integrated
Communication
Campaign
BNP Paribas Fortis –
Boost your Business
Positioning BNP as the expert for local
entrepreneurs.
Image building in order to create Top
of Mind with target group
Selected trough Earned Media
Boost by Paid Media
EDUCATE
ASK YOUR BANK
BNPPF
HOW TO ANSWER THE
FINANCIAL QUESTIONS
OF 70% OF BELGIANS
WITH THE RESULT THAT
THE BANK'S
POSITIONING
INCREASED BY 30%.
EDUCATE
ASK YOUR BANK
BNPPF
HOW TO ANSWER THE
FINANCIAL QUESTIONS
OF 70% OF BELGIANS
WITH THE RESULT THAT
THE BANK'S
POSITIONING
INCREASED BY
30%.
Meaningful
Marketing Mix
(Functional – Personal – Collective)
Solution Driven
Benevolent
Authentic
Honest & Humble
Supportive
“a force for good and a force for growth”
Ourjobistoinnovateonourproducts.
Ourgrowthdriveseconomicgood.Growthdrivesjobs.
“The marketing community has stepped up to focus on
community impact – they’ve stepped up on equality and
inclusion and now sustainability,“ he said.
“But the industry in general has just gone too far into
the good and potentially not paying enough attention
to growth,“ he added, though didn’t name any specific
brands.
P&G’s mantra pre-Covid was that it wanted to be “a
force for good and a force for growth”. But in the face of
increasing economic pressure, it recently flipped that.
“The order matters, because first and foremost we’re in
business. Our job is to innovate on our products. Our
growth drives economic good. Growth drives jobs. And
it decides the partners you work with, the retailers you
work with. And then it enables you to do more good for
society and planet. Force for growth leads to being a
force for good.”
Pritchard
(P&G)
weighed
in today
June 17
2022
powered
by
Virtuous Circle
Sustainability drives …
Meaningfulness & Brand Equity
powered
by
Meaningfulness
could be
generated by
multiple facets
Imported from Detroit was the Grand Effie winner
because they sold the product, the category and the city
MEANINGFUL
VALUE FOR
PEOPLE
BUSINESS RETURNS
+Share of Wallet
+KPIs
+Financial Value
=
+10pts. vs. 2019
SOURCE: MEANINGFUL BRANDS™ 2021
People not only
expect better
behavior – they
are willing to
pay more!
53%
are ready to pay more
for a brand that takes
a stand on
environmental and
social issues
64%
of citizens prefer to
buy from
companies with a
reputation for
having a purpose
other than just
profits
THIS REPORT IS PRIVATE AND CONFIDENTIAL AND IS THE COPYRIGHT OF HAVAS GROUP
Return on Meaning Boost by KPI
Improving Performance by only 10%, Brand’s KPI Grow by…
14%
12%
10%
8%
6%
4%
2%
0%
FAMILIARITY
+4%
OVERALL
IMPRESSION
+6%
PURCHASE
+11%
REPURCHASE
+5%
ADVOCACY
+7%
PREMIUM
PRICE
+13%
boosts KPIs
Improving Meaningful Performance
80
130
180
230
280
330
380
430
Stock-market cumulated values between 2008 and 2018
Source: Yahoo Finance / STOXX 1800
TOP MB
performers
Overall Stock
Market
Meaningful Brands
outperform the stock
market by 134%
2008 2018
2010 2012 2014 2016
In a nutshell
Why MeaningFul Brand Study
Matters Now More than Ever
After almost 50 years,
Davos Manifesto
was updated,
emphasizing the
responsibility for
businesses to be
stewards of the planet
and all people
In current landscape,
consumers and society
expect more long-term
value from businesses
and brands
The idea of stakeholder
capitalism is growing
in momentum
THIS REPORT IS PRIVATE AND CONFIDENTIAL AND IS THE COPYRIGHT OF HAVAS GROUP
Conclusions
Meaningful Brands
… are following the sustainable objectives
… are vital in Crisis Time
… means Business Returns
… must be integrated in the
Long Term Company Strategy
Meaningful
Brand
MERCI - THANK YOU - TÄNAN TEID !
HUGUES.REY@HAVAS.COM
@HUGUESREY
X

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The Virtuous Struggle for Sustainabilty Leads to Meaningful (and Profitable) Brands - a concrete state of play for marketers - 3 11 2022 Tallinn Hugues Rey

  • 1. Hugues L. Rey TALLINN, 3RD OF NOVEMBER 2022 The Virtuous Struggle for Sustainabilty Leads to Meaningful (and Profitable) Brands - a concrete state of play for marketers -
  • 2. SUSTAINABLE DEVELOPMENT GOALS ARE MULTIPLE Social poverty, violence, injustice, education, public health, and labor and human rights Economic for people: securing food, water, shelter, and creature comforts; for businesses: turning a profit Environmental protect and restore the Earth— climate change, preserving natural resources, and preventing waste Cultural protect and value the diversity through which communities manifest their identity and cultivate traditions across generations
  • 3. THE ‘END OF THE WORLD’ VS THE ‘END OF THE MONTH’ UNDERSTANDING SOCIAL RESISTANCE TO SUSTAINABILITY TRANSITION AGENDAS, A LESSON FROM THE YELLOW VESTS IN FRANCE
  • 4. PublicHealth 78% Economy Politics Environment 77% 72% 72% SOURCE: MEANINGFUL BRANDS™ 2021 A state of crisis has shifted our priorities Three quarters of Global Citizens feel we are living in a global crisis across four key areas THIS REPORT IS PRIVATE AND CONFIDENTIAL AND IS THE COPYRIGHT OF HAVAS GROUP
  • 5. 73% think brands must act NOW for the good of society & planet Expectation is at an All Time High SOURCE: MEANINGFUL BRANDS™ 2021 THIS REPORT IS PRIVATE AND CONFIDENTIAL AND IS THE COPYRIGHT OF HAVAS GROUP
  • 6. Twelve Year study exploring how brands tangibly improve peoples’ lives functionally, enhance their personal well- being, …. and contribute to wider society THIS REPORT IS PRIVATE AND CONFIDENTIAL AND IS THE COPYRIGHT OF HAVAS GROUP Havas concrete & applicable Answer to the Sunstainable Goals Challenge in a Competitive Marketing Landscape
  • 7. A Tangible Definition of 'Meaningful' Understanding what matters across 3 pillars and 14 dimensions PERSONAL BENEFITS Messaging and behavior that connects on an individual basis and serves a specific personal need or want COLLECTIVE BENEFITS Company initiatives, behaviors, and actions that respond to and connect at the social and cultural level FUNCTIONAL BENEFITS Rational benefits focused on product functionality , customer service, interactivity, and technology FUNCTIONAL ECONOMY EMPLOYER ETHICS GOOD LIVING ENVIRONMENT SOCIAL JUSTICE PHYSICAL ORGANISATIONAL FINANCIAL INTELLECTUAL SOCIAL EMOTIONAL NATURAL THIS REPORT IS PRIVATE AND CONFIDENTIAL AND IS THE COPYRIGHT OF HAVAS GROUP
  • 8. There are immediate opportunities to forge meaningful connections in the short term of Consumers expect Brands to show support to people in times of crisis v 77% THIS REPORT IS PRIVATE AND CONFIDENTIAL AND IS THE COPYRIGHT OF HAVAS GROUP
  • 9. Move the Marketing Mix from 4P’s to S.A.V.E. in a Meaningful Connections Product Place Price Promotion Service Value Access Engage, Entertain, Educate
  • 10.
  • 11. Move the Marketing Mix from 4P’s to S.A.V.E. in a Meaningful Connections Product Place Price Promotion Service Value Access Engage, Entertain, Educate
  • 12.
  • 13. Move the Marketing Mix from 4P’s to S.A.V.E. in a Meaningful Connections Product Place Price Promotion Service Value Access Engage, Entertain, Educate
  • 14.
  • 15. Move the Marketing Mix from 4P’s to S.A.V.E. in a Meaningful Connections Product Place Price Promotion Service Value Access Engage, Entertain, Educate
  • 16. SOURCE: MEANINGFUL BRANDS™ 2021 71% Of Consumers are Tired of Brands’ Empty Promises Worsestill-UncertaintySpillsover. Politicalandsocialunrest, disinformationanddistrusthave beguntoimpactourrelationship withbrands. THIS REPORT IS PRIVATE AND CONFIDENTIAL AND IS THE COPYRIGHT OF HAVAS GROUP
  • 18. 2009 - to avoid an inevitable bankruptcy (following an unfortunate acquisition policy and the subprime crisis), the largest and oldest Belgian bank is integrated into a French Global group
  • 19. 2010 - A promise of 1 Billion euros could be inconsistent if you are a small independent
  • 20.
  • 21. ENGAGE LOCALY TO MOVE FROM “PROMOTION” TO SHOW SUPPORT
  • 22. ENTERTAIN OSEP Integrated Communication Campaign BNP Paribas Fortis – Boost your Business Positioning BNP as the expert for local entrepreneurs. Image building in order to create Top of Mind with target group Selected trough Earned Media Boost by Paid Media
  • 23. EDUCATE ASK YOUR BANK BNPPF HOW TO ANSWER THE FINANCIAL QUESTIONS OF 70% OF BELGIANS WITH THE RESULT THAT THE BANK'S POSITIONING INCREASED BY 30%.
  • 24. EDUCATE ASK YOUR BANK BNPPF HOW TO ANSWER THE FINANCIAL QUESTIONS OF 70% OF BELGIANS WITH THE RESULT THAT THE BANK'S POSITIONING INCREASED BY 30%.
  • 25. Meaningful Marketing Mix (Functional – Personal – Collective) Solution Driven Benevolent Authentic Honest & Humble Supportive
  • 26. “a force for good and a force for growth” Ourjobistoinnovateonourproducts. Ourgrowthdriveseconomicgood.Growthdrivesjobs. “The marketing community has stepped up to focus on community impact – they’ve stepped up on equality and inclusion and now sustainability,“ he said. “But the industry in general has just gone too far into the good and potentially not paying enough attention to growth,“ he added, though didn’t name any specific brands. P&G’s mantra pre-Covid was that it wanted to be “a force for good and a force for growth”. But in the face of increasing economic pressure, it recently flipped that. “The order matters, because first and foremost we’re in business. Our job is to innovate on our products. Our growth drives economic good. Growth drives jobs. And it decides the partners you work with, the retailers you work with. And then it enables you to do more good for society and planet. Force for growth leads to being a force for good.” Pritchard (P&G) weighed in today June 17 2022
  • 27. powered by Virtuous Circle Sustainability drives … Meaningfulness & Brand Equity
  • 28. powered by Meaningfulness could be generated by multiple facets Imported from Detroit was the Grand Effie winner because they sold the product, the category and the city
  • 29. MEANINGFUL VALUE FOR PEOPLE BUSINESS RETURNS +Share of Wallet +KPIs +Financial Value =
  • 30. +10pts. vs. 2019 SOURCE: MEANINGFUL BRANDS™ 2021 People not only expect better behavior – they are willing to pay more! 53% are ready to pay more for a brand that takes a stand on environmental and social issues 64% of citizens prefer to buy from companies with a reputation for having a purpose other than just profits THIS REPORT IS PRIVATE AND CONFIDENTIAL AND IS THE COPYRIGHT OF HAVAS GROUP
  • 31. Return on Meaning Boost by KPI Improving Performance by only 10%, Brand’s KPI Grow by… 14% 12% 10% 8% 6% 4% 2% 0% FAMILIARITY +4% OVERALL IMPRESSION +6% PURCHASE +11% REPURCHASE +5% ADVOCACY +7% PREMIUM PRICE +13% boosts KPIs Improving Meaningful Performance
  • 32. 80 130 180 230 280 330 380 430 Stock-market cumulated values between 2008 and 2018 Source: Yahoo Finance / STOXX 1800 TOP MB performers Overall Stock Market Meaningful Brands outperform the stock market by 134% 2008 2018 2010 2012 2014 2016
  • 33. In a nutshell Why MeaningFul Brand Study Matters Now More than Ever After almost 50 years, Davos Manifesto was updated, emphasizing the responsibility for businesses to be stewards of the planet and all people In current landscape, consumers and society expect more long-term value from businesses and brands The idea of stakeholder capitalism is growing in momentum THIS REPORT IS PRIVATE AND CONFIDENTIAL AND IS THE COPYRIGHT OF HAVAS GROUP
  • 34. Conclusions Meaningful Brands … are following the sustainable objectives … are vital in Crisis Time … means Business Returns … must be integrated in the Long Term Company Strategy Meaningful Brand
  • 35. MERCI - THANK YOU - TÄNAN TEID ! HUGUES.REY@HAVAS.COM @HUGUESREY X