Strategy for the Modern Age

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Strategy for the Modern Age - Presentation made to BU class January 2012, as part of Edward Boches' course

Transcript of Strategy for the Modern Age

Strategy for the Modern Age

Looking at the past to help decipher the future

The advert that made me want to work in advertising…

Levis: Pocket WatchMichel Gondry

"You can't connect the dots looking forward; you can only connect them looking backward”

Steve Jobs, 2005

My subsequent history in advertising:

1. Where we have been

2. Where we are now

3. Where we are going

The changing face of strategy:

Before we start, housekeeping: The Role of the Brand

“A brand for a company is like a reputation for a person. You earn reputation by trying to do hard

things well.”Jeff Bezos, CEO, Amazon.com

Usual market forces do not apply, it is human forces that make or break brand value

Vs.

$5k

Understanding the changing nature of human/ brand relationships is the key to understanding shifts in strategic & communications thinking

I talk, you Listen (I hope)

1. Where we have been: The Alpha Male Relationship

A ppr o v a l o f B r ie f

S t r a t eg y an d T imin g

A c c o u n t D ir

P l an n in g D ir

M an ag emen t

C r eat iv e D ir ec t o r

F ir s t R ev iew

D at e D at e is s u ed C r eat iv e t eam F in a l R ev iew

W r it t en b y t r affi c b u d g et C l ien t P r es en t at io n

C r eat iv e B r ie f

ad v er t is in g

C l ien t J o b n o

Pr o duc t

Desc r ipt io n

R equir ement Air /Inser t io n dat e

Why are we advertising? The role and the goals for the advertising in meeting marketing and communications objectives.

Who are we talking to (and what do we know about them)? Relevant insights about the target and their involvement with the brand/category that will help advertise to them.

What do we want them to think or do? The desired change in their thinking or behaviour that will occur as a result of the advertising.

What is the core brand insight? The surprising, new insightful connection which springs from Insight MiningTM

What should the advertising say? The single-minded proposition for this campaign that expresses the brand insight in the most persuasive way.

Why should anyone believe it? Support points, rationale, whether based in consumer insight, competitive advantage or product performance.

What is the desired tone and manner of the advertising? Reflected in the brand personality, but more specific to the advertising tone.

What executional considerations are there? Legal, branding, logistical and directional input.

A ppr o v a l o f B r ie f

S t r a t eg y an d T imin g

A c c o u n t D ir

P l an n in g D ir

M an ag emen t

C r eat iv e D ir ec t o r

F ir s t R ev iew

D at e D at e is s u ed C r eat iv e t eam F in a l R ev iew

W r it t en b y t r affi c b u d g et C l ien t P r es en t at io n

C r eat iv e B r ie f

ad v er t is in g

C l ien t J o b n o

Pr o duc t

Desc r ipt io n

R equir ement Air /Inser t io n dat e

Why are we advertising? The role and the goals for the advertising in meeting marketing and communications objectives.

Who are we talking to (and what do we know about them)? Relevant insights about the target and their involvement with the brand/category that will help advertise to them.

What do we want them to think or do? The desired change in their thinking or behaviour that will occur as a result of the advertising.

What is the core brand insight? The surprising, new insightful connection which springs from Insight MiningTM

What should the advertising say? The single-minded proposition for this campaign that expresses the brand insight in the most persuasive way.

Why should anyone believe it? Support points, rationale, whether based in consumer insight, competitive advantage or product performance.

What is the desired tone and manner of the advertising? Reflected in the brand personality, but more specific to the advertising tone.

What executional considerations are there? Legal, branding, logistical and directional input.

The Early 2000s were all fairly “me” focused: I am a brand, this is what I want to do, how do I get consumers to do it?

It’s always a good question to put to a new client: we all know what you make – but are you as certain what

your customers are buying?

People don’t want a quarter-inch drill; they want a quarter-inch hole

Jeremy Bullmore, WPP

The (Consumer) Insight:

What is an insight?(or one definition at least)

An unexpected but universal tension that exists between your audience& your Product/ Brand/ Category

The consumer/ product insight – how does this product/ service really help me/ what do I really want?

Grow sales of Axe 24 hour deodorant and maintain share as market leader

Our Objective?

Using Axe gives you the edge in the mating game

What do we want to say?

Young, slightly sex obsessed, men, who are find getting

women a highly competitive affair & want anything that

can help them

Who are we talking to & what do they want

Axe: Click, Ben Affleck

The consumer /brand insight – is this brand really all that/ it seems very overrated / last year/ young/ old etc

Grow sales of Nike Tennis Gear

Sportsmen who think Nike is just a fashion / street brand.

They want shoes that are going to help them win

Nike is for anyone committed to winning.

What do we want to say?

Who are we talking to & what are they looking?

Our Objective?

Nike Tennis: Pete Sampras, Andre Agassi

The consumer / category insight – do I really need this thing in my life?

Grow the gaming community in the UK

PS2 is for anyone who knows the meaning of having fun

18-30 year olds who may turn their nose up at gaming

for being too geeky

What do we want to say

Who are we talking to & what is our insight?

Our Objective?

Playstation: Double Life

Our Objective

Who are we talking to

Why are they not buying more of our product / service?

Steal share / Launch X/ Grow the market

Who are the main audience we need to gain attention with

What is the unique tension that exists between them & X?

Drive Sales

Our Consumer

Core Insight

In Sum: Strategy 101 for the early 2000s

What do we want to say to change their minds?

What is the creative solution to this tension?

Main Message

Ever since the arrival of television, brands, their owners and advisors have been obsessed with what brands say at the expense of what brands do.

When we judge a politician, we listen carefully to what he has to say and how he says it. But we also note his behavior, his actions, his eyes, his movements.

Body language, we call it: and it’s very rich and full of significance. It tells us a lot.

Brands have body language, too- but few consciously and consistently set out to develop it. Branded Utility, for all the opacity of the name, may herald a welcome return to a mutually beneficial form of marketing.

Jeremy Bullmore, WPP

2. Where we are now: The modern partnership?

In the mid 2000s, the human / brand relationship started to change in a major way

Social Web 1.0 Social Web 2.0 Social Web 3.0

We are now on a – somewhat terrifying? - two way street

“All these communities already exist. Instead of thinking “How can I create one?” think about how you can create things that are mutually beneficial for your & for them”

Mark Zuckerberg

Across multiple media channels: Coherency vs. consistency

New Strategic Theories began to emerge: The Engagement Planner

Understand the unexpected tensions that exist

between your community & how they interact with your

product/ brand/ category/ idea

Our Objective

Who are we talking to

What do we want to do?

How can we do this

Create WOM/ Loyalty/ digital engagement/ brand likeability

Who are the value that value this brand and are our most valuable advocates?

What is our communications ideaHow do we engage our community in a way that is relevant to them

Drive long term growth in share of Market & mind

Our Community

Our Purpose

Engagement insight

And New Strategic Approaches

Putting this into practice: Mama Luchetti

Grow share in Argentina vs. no 1 brand Knorr

Real Moms who were busy, fallible, lovely but

complicated.

Bring the real modern mother to life, complete with all her

faults and wonders

Our Objective?

Who are we talking to?

What is our purpose?

Other mothers are more powerful than God when it comes to

creating trust : Create Mama Luchetti

How are we going to do

it?

Putting this into practice: Nike

Grow Brand loyalty amongst the running community in

London

London Runners – a competitive bunch wherever they might be

from

Create a Nike property that capitalizes on the competitive

spirit of our community and gives them something to rally behind

What do we want to do?

Who are we talking to?

What is our purpose?

To say that the North and the south are competitive is an

understatement:Lets pit the North against the

South.

How are we going to do it?

Nike Run London: D&AD Case Study

Putting this into practice: British Airways

Restore Trust in British Airways after the

disastrous opening of T5

Anyone who is British (and flies)

Demonstrate to them that T5 is working

What do we want to do?

Who are we talking to?

They are beyond skeptical – the only way to believe it is

to see it

What is our purpose?

How are we going to do it?

In Sum:

Saying Doing

“In the new world of broadband, brands compete with life,

not with each other”Nigel Bogle, Founder, BBH

3. Where we are going: A hypothesis

The Theory:

The Evidence:

Access > Ownership

The Future Reality?

Tough Mudder: The Pledge in Practice

Other, examples of this in practice:

“In an increasingly competitive world, organizations are realizing

that we are not just selling a branded product or service but a mass of branded people who we

must support and nurture.”

Helena Rubenstein, Managing Director, The HR Lab, UK

Saying Doing Being

In the future there is no “us” & “them” only collective,

coherent purpose