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MINDSET PLANNING AND MAINTAINING STRONG BRANDS THROUGH INSIGHTFUL RESEARCH * * MINDSET 1. What is a brand? 2. Why is branding important? 3. What is the brand planning process? 4. Why choose Mindset? MINDSET 1. WHAT IS A BRAND? MINDSET • More than a product. • It is like a living organism with a life cycle including a birth, adolescence, maturity and old age. It can be healthy or sick. Unlike us, the clock can be turned back and it can be rejuvenated. • A brand has a soul and a personality. • It can give meaning and identity to its user. So its benefits can be both functional and psychological. MINDSET My Personal Brandscape Westclox Irish Spring Finesse Crest Nike Listerine Braun Old Spice Rolex Globe & Mail Gap Levis Maxwell House Quaker Oats Bic Dole Yahoo Macintosh Tropicana Subaru Sunoco Clarica Pizza Hut Pepsi MINDSET THE MEDIUM IS THE MESSAGE Marshall McLuhan MINDSET THE MIND IS A MEDIUM Product Brand • View of self • Understanding • Functional Needs • Values • Beliefs • Experience • Imagination • Image Needs MINDSET AND SO IS THE HEART Product Brand • View of self • Aesthetic • Feelings • Experience • Trust • Loyalty MINDSET A PRODUCT BECOMES A BRAND IN THE MIND AND HEART OF THE CONSUMER Product • Thoughts • Feelings • Possession MINDSET BRAND ANATOMY IMAGE FUNCTION PERSONALITY SOUL MINDSET SOUL The unalterable essence of the brand that incorporates the values of the organization. MINDSET PERSONALITY The brand character in human terms. e.g. innovative, caring, stylish, modern etc. MINDSET FUNCTIONAL ATTRIBUTES The product/service, technology, performance etc. MINDSET IMAGE ATTRIBUTES The images that people store in their minds and create feelings towards the brand. MINDSET Oil company #1 Oil company #2 MINDSET VALUE PROPOSITION FUNCTIONAL BENEFITS EMOTIONAL BENEFITS SELFEXPRESSIVE BENEFITS VALUE RELATIVE PRICE MINDSET 2. WHY IS STRONG BRANDING IMPORTANT? MINDSET “The brand franchise is the company’s essential link with customers, the life-blood of the business. The brand’s personality reflects the company’s culture and heritage. Like the flag of a nation, the brand unfurls evoking emotion and past associations.” David N. Martin MINDSET • Your brand may be your most valuable asset • A brand is a short-cut to consumer understanding • It creates loyalty through direct relationship with the consumer • It protects against competitive activity • It can make you famous MINDSET HOW ARE STRONG BRANDS CREATED? MINDSET • No magic formula • Strong brands are rarely created overnight – a long-term investment is required – but they can be destroyed very quickly • All the elements of a successful brand work synergistically, although one insight may provide the magic ingredient MINDSET INSIGHT “Insight allows you to see beyond the * present. Suppose you had a way of knowing everything that was going to happen over the next ten years. That information would not only make you wise; it would also make you successful and wealthy. Yet it is your insight into people that gives you the ability to predict! the future.” ! ! !Mark McCormack, MINDSET Getting an insight is not just the result of analysis but involves intuition – seeing through the eye. “They ever shall believe a lie who see with not through the eye.” William Blake MINDSET AN INSIGHT IS CREATIVE “It took me 60 years to see again as a child.” ! ! ! !Picasso MINDSET 3. WHAT IS THE BRAND PLANNING PROCESS? ?>?>?>?>! MINDSET THE QUESTIONING ATTITUDE "Creativity and progress depend upon asking the right question at the right time. When the question is relevant and at the right level, the path to the answer is often fairly obvious." Roger Schank MINDSET THE BRAND PLANNING WHEEL WHERE ARE WE? ARE WE GETTING THERE? THE WHY ARE WE THERE? QUESTIONING ATTITUDE HOW DO WE GET THERE? WHERE COULD WE BE? MINDSET WHERE ARE WE? Kitchen Table session Involve up to 8 key decision makers Examination of the values of the company and how they impact the brand with its various targets inside and outside the company Rearticulation of the company’s mission statement and how it informs the brand MINDSET WHERE ARE WE? • What is the brand’s position now? • What are its strengths and weaknesses? • What are its functional components? • What are its image components? • What is its stage in the life cycle? • What is the brand’s prime motivator? • What is the brand’s functional discriminator? • What positions do its competitors occupy? • What are their strengths and weaknesses? MINDSET WHY ARE WE THERE? Identification of any gaps in information Is any new research needed? Qualitative Quantitative • What are the most important factors? • What are the underlying causes? • What is the brand’s personality? • Contemporary or old-fashioned image? MINDSET WHY ARE WE THERE? • Does the brand live up to its promise? • Has a competitor repositioned our brand to his advantage? • What do our various targets think? • What do non-users and lapsed users think of the brand? • Has the market moved on to some new fashion, fad or fancy? MINDSET WHERE COULD WE BE? Synectics session Involve up to 14 key ideas people in a free flowing ideation session Task: to generate a number of strategic scenarios that will take the brand forward 1. Divergent thinking 2. Convergent thinking MINDSET WHERE COULD WE BE? Steps coming out of Synectics 1. Develop strategic scenarios to testable form – words and pictures 2. Test concepts in qualitative research 3. Refine concepts based on research findings 4. Final quantitative evaluation of concepts MINDSET HOW DO WE GET THERE? 1. Write new/revised brand strategy Brand as: • Product • Organization • Personality • Symbol • Target group(s) characteristics • Value proposition • Brand positioning MINDSET HOW DO WE GET THERE? 2. Develop advertising/ communications strategy • Role, goals, objectives • Target group(s) • Insight – brand/target relationship • Benefit, promise, support • Shout from the mountain • Tone and manner • Desired consumer response MINDSET HOW DO WE GET THERE? 3. Brief Ad Agency Review: • Research • Brand strategy • Advertising/communications strategy • Be available for tissue sessions • Creative development research 4. Advertising launch MINDSET ARE WE GETTING THERE? 1. Brand auditing • Awareness – unaided and aided • Image • Positioning • Brand personality • Loyalty MINDSET ARE WE GETTING THERE? 2. Advertising tracking • On-line • Target group demographics • Awareness – unaided and aided • Advertising themes • Brand link • Media usage MINDSET WHERE ARE WE? Back to the beginning and start again Ongoing strategic analysis • Brand strategy • Advertising strategy • Advertising executions Kitchen table sessions • New opportunities in the market • Ideas to enhance the brand MINDSET SUMMARY OF BRAND PLANNING PROCESS WHERE ARE WE? WHERE COULD WE BE? • Kitchen Table session. • Synectics session. • Brand Mapping and Equity analysis. • Develop strategic scenarios. • Test concepts qualitatively. • Refine concepts. WHY ARE WE THERE? • Identify information gaps. • Conduct new qualitative and/or quantitative research. • Final qualitative evaluation of concepts. MINDSET SUMMARY OF BRAND PLANNING PROCESS HOW DO WE GET THERE? ARE WE GETTING THERE? • Write new/revised brand strategy. • Brand audit and advertising tracking. • Create and produce advertising. • Launch advertising. Back to the beginning MINDSET Why choose Mindset? • Our skills and experience. • The process: analysis + intuition. • Focus and objectivity. • Track record. 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