Storytelling - the Next Big Thing for Your Brand

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Storytelling The next big thing for brands Doy Roque M2.0 Communications

Transcript of Storytelling - the Next Big Thing for Your Brand

Page 1: Storytelling - the Next Big Thing for Your Brand

Storytelling

The next big

thing for brands

Doy RoqueM2.0 Communications

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Apple’s brand is said to be worth

$98.3 Billion

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Google is clawing at Apple’s heels with a brand

value of

$93.3 billion

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The value of Coke’s brand is

$79.2 billion and was

number 1 for 13 years

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What do all these $$$

mean for these

companies?

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166,666,667 iPhones

=21% of all that Apple is worth ($458.34 billion) is there because of its brand

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minus 2 years sales

31% of Google’s total value ($296.16billion) is because of brand

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minus 18 months sales46% of Coke’s worth ($170.24 billion) is because of brand

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How is this value

reflected in the

real world?

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Search Engine Total Market Share

Google - Global 70.53%

Baidu 16.04%

Yahoo - Global 6.43%

Bing 5.70%

AOL - Global 0.36%

Ask - Global 0.33%

Excite - Global 0.01%

Google registers 5.13 billion searches a day - comscore

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1.7 billion served daily.

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Consider this…

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From $5.46 billion

to $98.3 Billion

in 20 years.

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Grew more than

$10 billion in brand

value over 12 years

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Wasn’t even in

the list in 2001

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What’s

happening

here?

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Two -way communication

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Two way communication that goes many, many ways

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This is the network diagram for ARPA before the internet was born

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What

does this

mean for us?

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We can no longer think of our brand as a logo

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Nor as a visual identity

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Or just a product.

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Because this is the new newspaper. In the internet, the minute you make a declaration, you are barraged with thousands of questions and comments.

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Your brand is no longer

what you say it is.

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It’s what other people say it is.

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Consider this…

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15SONGS

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10,000SONGS

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How many

messages per day?

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70s:500

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2013:15,000

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So we go back

to 2 things

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It’s hard to trust anyone

when everyone is saying

PICK ME!

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People we trust: social

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This is where

storytelling comes in

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And this is how it works.

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The stories that resonate the most

are the most familiar ones.

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innocence

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rebellion

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discovery

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These stories are

based on narratives

that are recycled

time and again

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crazy adventure

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against the man

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Simple: masaya ang buhay.

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And we have our own

Pinoy brand stories

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Boys will be boys.

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Pinoy success.

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Also based on recycled narratives.

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And then we have politicians

whose life myths we pattern after.

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Erap, kumpare, madiskarte,

maraming kaibigan.

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PNoy: royalty

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Three myths about

Filipino women

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The Sweetheart Maria Clara

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The Fighter Gabriela Silang

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The Success Story

Socorro Ramos

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Why are stories

important for your

brand?

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Because the stories we

construct about people

and things, and how we

identify with them lead

us to our decisions.

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What computer should I buy?

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Where should I live?

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Who should I vote for?

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Just to illustrate further

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Remember

Ratatouille?

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So the questions now is…

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How do I make this knowledge

work for my brand?

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3 questions behind

storytelling in the age

of the Internet

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Question #1

What is your story?

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How does it relate to the

narratives and myths of our

society?

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Who are the people you are

telling the story to?

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What is the conflict that makes

your story exciting?

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Question #2

How are you going to tell it?

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Apple and Google

have great PR?

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Coke was the king of

advertising and is the

future king of social

media?

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Question #3

How are we going to measure

the power of stories?

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If messages are

measured by mentions,

how are you going to

measure the impact of

your brand story?

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Thank you very much.