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Conducting a  Marketing Physical John Moore
This presentation was delivered on Monday, Sept. 10, 2007
Conducting a  Marketing Physical John Moore
 
 
 
Ah
Ah Ah-Ha
Healthy brands grow. Unhealthy brands wither.
Brands are more than marketing strategies. They are living organisms.
Conducting a  Marketing Physical    Business Anatomy 101    Basic Vital Signs    Leading Causes of Brand Demise    The Marketing Physical    One Final Thought    Q&A
Hippocratic Oath
Marketing Hippocratic Oath As marketing professionals, we do not treat a tactical marketing disease, nor a strategic marketing disease …
…  but rather a sick brand, whose illness may affect the business’s customers and economic stability.  Marketing Hippocratic Oath
Our responsibility includes these related problems, if we are to care adequately for the sick brand. Marketing Hippocratic Oath
We pledge to prevent marketing diseases whenever we can, for prevention is preferable  to demise. Marketing Hippocratic Oath
Business  Anatomy 101
Human Anatomy
Human Anatomy Skeleton System
Human Anatomy Lungs innovation creativity
Human Anatomy Heart NO HEART no passion = poor work BIG HEART passion = quality work
Human Anatomy Eyes/Ears ,[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object]
Human Anatomy Eyes/Ears ,[object Object],[object Object],[object Object]
[object Object],[object Object]
Brain think act learn create ideate dream
Human Anatomy Heart Eyes/Ears Brain Lungs Skeleton System
Vital Signs
Vital Signs Show a person is alive. Signs change with  age, sex, weight, and exercise tolerance ,[object Object],[object Object],[object Object],[object Object],[object Object]
Vital Signs Show how alive a business is. Signs change with  age, category, customer base, and advertising tolerance ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Vital Signs Comp Sales Must surpass the rate of inflation. If not, the brand is dying, not growing.
Vital Signs Comp Transactions If a business has more customers, then it is likely to be healthier. Marketing does its job when it drives MORE customers to buy.
Vital Signs Average Ticket Year-over-year increases in  Average Ticket per customer signals a healthy brand.
Vital Signs Budgets Marketing budget as % of sales. (7%+ is unhealthy) Advertising budget as % of  marketing budget.  (50%+ means“Advertising Obesity”)
Vital Signs Brand Age Vital signs will differ between  embryonic brands, adolescent brands, middle-aged brands, and  geriatric brands.
Leading Causes of  Brand Demise
Leading Causes of Brand Demise HEART DISEASE Typified by brands that lack a clear and compelling reason for existing ,[object Object],[object Object],[object Object],[object Object],[object Object],Case Studies
Leading Causes of Brand Demise STROKE Typified by failed business strategies ,[object Object],[object Object],[object Object],[object Object],Case Studies Cologne
Leading Causes of Brand Demise SCHIZOPHRENIA Typified by businesses being unfocused and having multiple personalities ,[object Object],[object Object],[object Object],Case Studies Grand Hyatt  Park Hyatt Hyatt Regency  Hyatt Place Hyatt Summerfield Suites Hyatt at Home
Leading Causes of Brand Demise ALZHEIMER’S Typified by businesses suffering from short-term memory loss ,[object Object],[object Object],[object Object],Case Studies
Leading Causes of Brand Demise DISCOUNT ADDICTION Typified by businesses relying on gimmicky discounts to drives sales ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Case Studies
 
Conducting a  Marketing Physical
Marketing Physical The HOPE Method H O P E istorical facts pinions erceptions xpectations
Marketing Physical Historical Facts H OPE ,[object Object],[object Object],[object Object],[object Object],[object Object],1
Marketing Physical Historical Facts ,[object Object],[object Object],[object Object],[object Object],[object Object],1 H OPE Create a Marketing Dashboard
Marketing Physical Historical Facts ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],2 H OPE
Marketing Physical Historical Facts Topline Current and Planned Marketing  Activities/Promotions 3 H OPE
Marketing Physical Opinions H O PE Review past recaps You do have recaps, right? You are conducting post mortems on promotions, right? (If not, you must.)
Marketing Physical Perceptions The more promoters, the greater a brand grows. HO P E 1 Measure Customer Referrals NET PROMOTER SCORE How likely are you to  recommend our brand to a friend?
Marketing Physical Perceptions 2 Measure Employee Referrals HO P E “ NET PROMOTER SCORE” How likely are you to recommend our company to a friend who needs a job?
 
The Dinner Party Test Marketing Physical Perceptions 3 HO P E
 
How do your friends  talk about your company? Do they talk about the things your company did or the things it does?
Marketing Physical Expectations Determine where you’d like the brand to be in … 6 months 12 months 3 years HOP E
Marketing Physical Expectations Compile a  STOP ,  START ,  CONTINUE  List HOP E
One Final Thought
11,000,000 (plastic surgery procedures in 2006) (from 2005)  7%
 
Spend marketing dollars  to design your products and services better … Not to make your advertising better.
PLEASE AVOID Plastic Surgery Marketing!
Questions?
[email_address] www.brandautopsy.com

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Conducting a Marketing Physical To Ensure Brand Health