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Strategic Experiential Branding David Vinjamuri July 2008
What We Will Cover ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Day I Day II
What is Experiential Branding? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Building Customer Experiences
Questions ,[object Object],[object Object],[object Object],[object Object],[object Object]
Goal of Experiential Branding?    INCREASE BRAND EQUITY
What is Brand Equity?
Questions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Brand Loyalty Brand Awareness Perceived Quality  Brand Associations Other Propriety Brand Assets BRAND  EQUITY ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Credit: David A. Aaker,  Managing Brand Equity
Brand Equity: McDonalds
Brand  Attributes PRODUCT  ATTRIBUTES FUNCTIONAL  BENEFITS EMOTIONAL BENEFITS PERSONALITY ICONS
1. Product Attributes ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
2. Functional Benefits ,[object Object],[object Object],[object Object],[object Object],[object Object]
3. Emotional Benefits ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
4. Personality / Values ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
5. Icons ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Case Study:  Red Bull
[object Object],[object Object],[object Object],What Consumers Said
[object Object],[object Object],Market Research Results
[object Object],[object Object],[object Object],[object Object],[object Object],Getting the Bull Out
[object Object],[object Object],[object Object],[object Object],Launch
[object Object],The Red Bull Myth
[object Object],[object Object],[object Object],[object Object],[object Object],Building the Myth
[object Object],The Press and the Myth
[object Object],[object Object],[object Object],[object Object],What About That Taste?
[object Object],German Marketing
[object Object],German Marketing
[object Object],German Marketing
[object Object],German Marketing =
[object Object],[object Object],[object Object],[object Object],The  Red Bull  Culture
The  Red Bull  Rules Out of Reach Logos for All Merchandising Don’t Pay Them Pay for Celebs Celebrities High Quality Limited Widespread Sampling Limit Availability Broad Availability Distribution Want ‘Right’ People Want Everyone Targeting Support Role Only Launches Brand Advertising Functional Aspirational Positioning Red Bull Rules Marketing Rules Issue
[object Object],[object Object],[object Object],Launching in New York
[object Object],[object Object],[object Object],[object Object],[object Object],Launching in New York
[object Object],[object Object],[object Object],[object Object],21-Year Report Card
5 Lessons from   Red Bull ,[object Object],[object Object],[object Object],[object Object],[object Object]
Consistency ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Measuring the Benefits of Branded Experiences ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Case Study:  American Express http://www.askmrcreditcard.com/americanexpressnyccard.html http://www.pollingcompany.com/cms/files/2005%20INNYC%20Survey%20Press%20Release.pdf
Case Study:  The Range Rover Experience Cost  of  Experience Customer  Fee Increase  in  Purchase  Interest Increase  in  Customer Lifetime Value
Case Study:  The Magic Kingdom ,[object Object],[object Object],[object Object],[object Object],[object Object]
Case Study:  Sony Style ,[object Object],[object Object],[object Object]
Brand Manager Tips ,[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Exercise: Brand Experience
The Branded Lifestyle
[object Object],[object Object],[object Object],[object Object],Challenge
[object Object],[object Object],[object Object],The Branded Lifestyle
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Martha Stewart Homes
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Bulgari Hotels and Resorts
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Ikea Houses
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Celebration, Florida
Building Experiences with  Five Senses
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Sensory Branding
Sensory Branding Table 1
Sensory Branding Table 2
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Case Study : Singapore Airlines
Sensory Branding Singapore airlines  5-D model
Sensory Branding Intel 5-D model
Sensory Branding Colgate 5-D model
The Sensory Brand Pyramid ,[object Object],[object Object],[object Object],Stimulate Enhance Bond
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Case Study : TiVo
[object Object],[object Object],[object Object],[object Object],Case Study : Mercedes Benz
[object Object],Sensory Audit 3 FMGG Financial Services E-Commerce Service Providers 4 2 5 Hospitality Entertainment Retail  Telecommunication e-Commerce  (Digital Service) 6
Customer Engagement in  Brand Experience
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Case Study : Barbie
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Case Study : The Blair Witch Project
Case Study : The Blair Witch Project ,[object Object],[object Object],[object Object],The rumor spreads  Breeding the Myth ,[object Object],[object Object],Switching message from myth to movie Growing the Myth ,[object Object],Limited Release Seeding the Myth Mass Release Becoming the  “Next Big Thing” Building Momentum ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Rumor starts ,[object Object],[object Object],LAUNCHING THE FILM ANTICIPATING THE FILM CREATING THE MYTH
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Case Study : Harley Owner’s Group
[object Object],[object Object],[object Object],[object Object],Case Study : Sprint Ambassador Program
Brand Loyalty Ladder ,[object Object],Adoption Trial Reconsideration Retrial Discovery Recommendation/ Raving Fan
[object Object],[object Object],[object Object],[object Object],[object Object],Case Study : Lego Mindstorm
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Exercise: Brand Community
Technology  in  Experimental Marketing
[object Object],[object Object],[object Object],[object Object],What We Will Cover
[object Object],TO BE INSERTED
Engaging Employees  in  Delivering the  Brand Promise
[object Object],[object Object],[object Object],[object Object],[object Object],Why Think About Employees?
[object Object],[object Object],[object Object],[object Object],[object Object],Why Think About Employees?
[object Object],[object Object],[object Object],[object Object],The Employee as Brand Insider
[object Object],[object Object],[object Object],[object Object],[object Object],Case Study : Memorial-Sloan Kettering
[object Object],[object Object],[object Object],[object Object],[object Object],Training Employees
[object Object],[object Object],[object Object],[object Object],[object Object],Dealing with Negative Employees http://gothamist.com/2008/01/04/starbucks_baris.php
[object Object],[object Object],[object Object],[object Object],[object Object],Exercise
Six Brand Lessons  from Entrepreneurs
 
X X X
 
What is an  Accidental Brand?
X ,[object Object]
2. Must solve their own problem
3. Brands 10+ years old
 
 
 
 
 
Six Lessons from Accidental Brands
Do Sweat  the Small Stuff #1
Memory:   20 GB  20 GB  Songs:    ~ 4500  ~4500 iPod  Second Generation July 2002 Creative  NOMAD Jukebox Zen June 2002 http://docs.info.apple.com/article.html?artnum=61688-en http://www.mp3newswire.net/stories/2002/nomadzen.html
 
 
Pick a Fight #2
 
 
 
Be Your Own  Customer #3
 
 
 
Am I being polite? Did I offer to carry her bags?
I’m not giving him my bags. Do I have to tip him?
Did I greet the customer with his name? Do we have his loyalty program number?
Did I do something wrong? Why isn’t she making eye contact?
 
 
http://www.columbia.com/tv_ads/tv_ads.aspx
Be Unnaturally  Persistent #4
 
Time to $100 Million in Revenue 22 years 21 years 10 years 8 years 4 years
Build a Myth #5
Μύθος (míthos)   - Mythos *  From  μυθολογέω  "I tell tales,"  μυθολόγος  "legend,"  μῦθος  "story"  and  λέγω  "I say"  *  Definition : a usually traditional story of ostensibly historical events  that serves to unfold  part of the world view of a people or explain a practice, belief, or natural  phenomenon  λόγος   - Logos *  From  λέγω   - "I say"  *  Definition : the divine reason implicit in the cosmos, ordering it and giving it form and  meaning.   Mythology – a story with a lesson
 
 
Be Faithful #6

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