TBO Creds Linked In Sept 2015
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Transcript of TBO Creds Linked In Sept 2015
The Brand ObservatoryWho We Are And What We Do
What We Believe
• Different brands play different roles in people`s lives We do not interact with them in identical
ways• Brand and communication strategy needs to
evolve to reflect these behavioural differences The old “one strategic framework is
appropriate for all brands” model is no longer appropriate
• Acknowledging that people behave differently with different brands (and categories) enables the creation of more relevant and cost-efficient strategy……
Our Vision
“We can see clearly now” We want to help clients develop relevant and cost- effective strategic solutions which are simple to implement and contribute to healthy business growth
To add value through relevant simplification:-
The strategic development process for many brands (and their communication strategies) no longer matches the reality of people`s everyday relationship with the brand
The PROCESS of developing strategy has become increasingly complex and lengthy There is a huge opportunity for RELEVANT SIMPLIFICATION – which can both add value
and reduce inertia
Our Mission
A Fresh Perspective On Brands
Different Relationships With Different Brands…
Breakfast Cereal Sports Car
You don`t feel the same way about (eg) brands of detergent as you feel about (eg) a much loved car or watch……..
……so why do we treat them in the same way when thinking about how best to connect with you as “the consumer”…….?
A Fundamental Truth
A New Way of thinking about Brands
A New Taxonomy Of Brands
Everyday Life
SupportInfomotion
Bartering (everyday Services)
Complementarity
A New Taxonomy Of Brands
Everyday Life Support
Help us in our everyday lives They are ‘basic essentials’ ( everyday household
goods) but……we cannot live without them We do not actively think and feel about them with any
great degree of emotion most of the time, but…… We need to trust them to do their job/be effective Genuine differentiation within a category is often very
hard to achieve (from a consumer perspective) So SALIENCE and distinctiveness are key to driving
growth
Everyday Life Support Brands
A New Taxonomy Of Brands
Bartering (Everyday services)
Many are services that help you travel, look after your finances, help you source the best deal
These brands offer and depend on interaction – whatever claims are made by the brand and its communication, actual service delivery and customer experience of it are critical to business success
Many try to build emotional relationships with users, and often fail to achieve this because….
…ultimately they are judged by customers on how well they deliver their service, how reliable they are and whether they deliver value for money (rather than whether they are your “best friend”)
Transparency, ease of use, customer referrals and trustworthy delivery are keys to success
Bartering Brands
A New Taxonomy Of Brands
Infomotion
These brands are characterised by strong information or
technological components but also inspire emotional desire Technological differentiation is often a strong component of the
brand offer Cameras, cars, watches can all sit in this category – as can
cosmeceuticals Many new IT brands begin life here – but can migrate over time
and become more mainstream Life Support brands eg. a basic mobile vs Apple/Samsung
Word of mouth and scarcity value can play a key role in driving business growth vs. more traditional channel choice
Infomotion Brands
A New Taxonomy Of Brands
Complementarity
These brands:- have strong emotional relationships with users cross the line between ‘needs’ and ‘wants’ functionality may be a part of the offer plus higher
order values – love/status/aspiration/achievement But functionality is not always crucial – many
successful complementarity brands ( particularly in fashion & beauty) are built on style and distinctiveness credentials, rather than any real functional differentiation
Complementarity Brands
make you feel good about yourself – and sometimes others too Whilst many prestige/luxury brands are located here, this space
is not restricted to them ( eg Rimmel London/H&M/ Zara/ Nike) Historically, many brands aim to occupy this territory by
seeking to add “emotional connectivity” to their brand offer. In reality this is difficult for some brands to achieve, as consumers have neither time nor inclination to engage in emotional relationships with every brand they interact with (although this does not preclude the need to create likeable communications to attract and engage attention in the first place….)
Complementarity Brands
A New Taxonomy Of Brands
Everyday life
SupportInfomotion
Bartering (Everyday services)
Complementarity
The old “one model fits all” approach to strategic development is no longer appropriate, as different brands fulfil different needs in people`s lives
There is no “perfect sweetspot” which all brands should aspire to occupy on any given brand map
Each and every brand should seek to maximise its effectiveness and presence within the behavioural territory it occupies with its target consumers
A new way of thinking about brands
Salience often more important than “persuasion”
Engagement and likeability critical for recall Not all brands NEED extensive digital
presence/activity Reach delivered by TV still relevant and cost
effective for many brands Simplification and focus of both messaging
and media selection should be a key objective
Implications for Communication Strategy
Implications for Communication Strategy
Salience is a key requirement for growth
What (if any) is the role of TV?
What form should online activity take? Recognise the power
consumer endorsement What (if any) is the role
of social media?
Life support brands
Implications for Communication Strategy
Transparency is key Reliable & easy to use
online presence critical User experience is huge
opportunity & threat Presence in Search is KEY Social media presence
can be effective – but must be user-led
Bartering brands
Implications for Communication Strategy
Image and perception are key drivers of desireability
3rd party endorsement can be important EG magazine/opinion-leader
Importance of “fame” should not be underestimated
Strong role for social media/PR
Complementarity Brands
Implications for Communication Strategy
Information “rich” content is key
Static media can play strong role
Transparency online important
Social media/PR can make big contribution
Infomotion brands
“I can see clearly now”Added Value From Simplification