Marketing Basics

50
What are we doing here? Q.

description

You really can't do interactive, design or advertising work without a basic knowledge of marketing principles. So here you go.

Transcript of Marketing Basics

Page 1: Marketing Basics

What are we doing here?Q.

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Somebody hired us to sell some stuff.A.

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Selling stuff is what marketing and branding

is all about.!

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Can you define marketing?

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Can you define marketing?

> Figure out what people want

> Give it to them

> Tell them that you gave it to them

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A nice, clean case

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The want: An alternative

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The give: Foreign, retro

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The tell: Back to the 60s

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The tell: It’s fun

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The results

0

75,000

150,000

225,000

300,000

1993 1998 2006

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Is branding the same thing as marketing?Q.

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No.A.

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Branding is the set ofvisual and aural cuesthat allow consumers

to distinguish your productfrom other similar ones.

!

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Why a brand?

> Your product isn’t always better or different

> When you’re not #1, people need a reason to consider you

> A strong brand commands a premium price

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Which would you prefer?

Subaru Impreza WRX Saab 2x Aero

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Which would you prefer?

Subaru Impreza WRX Saab 2x Aero

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Which would you prefer?

Subaru Impreza WRX Saab 2x Aero

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The power of a brand

21.6 cents 17.1 cents

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The value of a brand

#5 $32 billion

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The value of a brand

#4 $49 billion

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The value of a brand

#3 $56 billion

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The value of a brand

#2 $57 billion

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The value of a brand

#1 $67 billion

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Is positioning the same thing as branding?Q.

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No.A.

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Positioning is how you define your brand

versus competitors.!

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Why a position?

> Because too many products and services are functionally similar

> To call out to those people who care more about your products intangible difference

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What makes a good one?

> Defined by what you say, not what you do

> Not owned by the competition

> Important to prospects and customers

> Utterly simple and memorable

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Overnight

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Slow or Thick

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Service

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Safe

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Never mind.

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Marketing.Branding.

Positioning.What else?Q.

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Marketing.Branding.

Positioning.Personality.A.

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Brands have personalities just like people.!

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Apple doesn’t sell products.It sells Apple-ness.!

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What are we doing here?Q.

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Building distinct, likeable brands. A.

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We’re done!!