SlideShare una empresa de Scribd logo
1 de 41
Descargar para leer sin conexión
“I choose brands that I believe to be a reflection of myself”
Something has
changed!Communicating your brand is not as easy as
it used to be
What Is Behind
Your Brand?
There Are
Danger Signs
• Margins are eroding
• Market place is getting more crowded
• Market segmentation is driving your business
Debunking
Brand Myths
Branding
Mythology
Branding Myths
Brand is your logo and mark
Re-branding means you need to
change your name.
Brand tells the consumer what you
do.
Being first is most important.
Being best is most important.
Brand awareness = market share.
Market segmentation is the way to
“Re-branding
means a name
change”
Only 25% of our consumer
clients end up with a change in
brand name.
Often, re-branding entails
assigning new and more
powerful meaning to an
existing brand mark or icon.
“Brand tells the
traveler who we
are or what we do”
Your corporate identity tells
the customer who you are —
your brand does not.
Brand is not a description of
your business it is a
description of your customer.
The business of your
business is in promoting and
managing your destination or
service.
The business of your brand...
well, that’s all about your
customer’s view of
themselves.
“Being first in the market is most important.”
!
“Being best ensures your success”
No, being first only assures your brand
of an entrance opportunity. The market
graveyard is littered with failed and
failing “firsts.” Miller Lite is a
perfect example.
Being biggest simply says no one has
successfully challenged you. SONY
was once the world’s biggest
electronics brand. Today they have
given up leadership in VCRs, TV’s and
just about every other category that
they once dominated.
In 1959 P&G launched
Pampers brand disposable
diapers.
Pampers was first
0
25
50
75
100
1959 1960 1961 1962 1968
Cloth Disposable Other Competitors
Pampers built the category and
by 1968 they owned the category
— with the brand name becoming
synonymous with the delivery
system.
It quickly became P&Gs most
profitable and dominant brand.
The brand continued to build the
category stressing product
efficacy and innovation.
But something happened in 1968.
Kimberly-Clark entered the market with Huggies.
!
It quickly become P&Gs biggest competitor. But Pampers forged
on. They sold leakage protection, barrier leg cuffs,
absorbency and a host of other product innovations. What
they did not sell was a brand.
!
P&G looked to further segment its market and launched LUVS.
0
25
50
75
100
1959 1960 1961 1962 1968 1970 1975 1985 1995 1999 2000 2003 2005
Cloth Pampers Luvs Huggies
Pampers sold the best diaper money could
buy.
Huggies sold the best mother you could
possibly be.
Huggies built a brand and Pampers built a
great category.
“Being best is most
important”
Brand is not about a product’s efficacy.
Best in category is no REAL promise of
success.
Your margins reside in your brand equity and
not in your product’s efficacy.
In 1997 Apple introduced the iMac.
A revolution in internet connectivity.
In 2002 Apple introduced OS X, its 10th operating system. The UNIX based
system is virtually crash proof and has shown itself to be at least 5 years
ahead of the latest Windows release. Apple’s Tiger increased the
advantage by another couple of years.
In 1984 they introduced the Macintosh.
With a graphic operating system and heretofore
unheard of graphic capabilities. It was a milestone.
Mac’s system was 15 years ahead of the competition.
Apple computer became a market leader in the
early 80s with their Apple II.
Microsoft received a license to package its DOS with every PC
manufactured. Aside from the tightly held Apple market, the only
competitor to DOS was a grouping of non-compatible proprietary systems
(Commodore, TI, etc...)
Was the market leader in computing. Their mainframe
systems had set the world standard for 20 years
Based on Apple’s success, IBM sees an opportunity to
grab additional markets, IBM launched the PC Jr. in
the early 80’s.
0
25
50
75
100
1980 1982 1984 1986 1995 2000 2003
Apple Macintosh DOS Machines Windows Machines Other Small Computers
Brand
Customers cannot choose what they do
not know.
Preference is created through a critical
mixture of brand meaning (importance) and
awareness.
Awareness
Share
Of Market=
Lipton
Tetley
0.0 22.5 45.0 67.5 90.0
Market Share Aided Awareness
US Tea Market
“You can build a brand even
if you don’t advertise”
All evidence is to the contrary.
Brand meaning is a definition maintained
by the customer.
Without speaking that meaning we allow
the customer to define the brand. What
we end up with is not one brand but
300,000 brands.
What about Starbucks and Krispy Kreme?
.
!
Both of these brands totally control a retail brand environment in which the
brand is meticulously managed to create a single unified meaning.
!
The Starbucks brand (A timely experience) has been translated from the retail store to
the home and not the other way around.
The business of your business
and the business of your brand
Corporate identity
Efficacy
Consistency
Product/Service
What you sell
W
hat you do
or what you m
ake
The business of your business
Your Business
i.e. FedEx
Corporate identity
Efficacy
Consistency
Product/Service
What you sell
W
hat you do
or what you m
ake
The business of your business
Your Business
Affirmation
Personal Identity
Preceptual context
Self-description
W
ho
you are, what you m
ean
Corporate identity
What customers buyThe business of your brand
The business of your business
and the business of your brand
=Peace of mind
Customer
Brand Is
Anthropology
• Marketing is what you sell
• Brand is the person you influence
Brand
permission
How We choose
• Brand choices are a direct consequence of strongly held beliefs
• Robust brands are a well polished reflection of those beliefs
I choose brands that are a
reflection of who I am
How beliefs influence the laundry soap purchase decisions
Use bleach Use liquid Use powder Use additives Use softener Use pre-soak
I need fresher
smell
I want softer
clothes
I need
brighter
colors
I believe it is
my job
I need whiter
whites
I believe it
is how I show I
care
I believe
others can tell
I believe
simplicity is
better
Processes
Purposes
Precepts
Ruling Precept
Core
Customer
World View
The representation of the core customer (and those that
the core customer identifies intimately with, like one's
immediate family, or one's company or department, if one
is a leader of an organization or a team). The core
customer is perpetually drawn toward one’s deepest
aspiration and motivations.
The highest good that one imagines to be reasonably possible for oneself. The
aspirational target. The Target is the goal, the ultimate destination, the target
that is perpetually driving the Core Customer toward the Target.
Aspirational Target
World View is what frames and surrounds the individual's vision of target. One's world view is a kind of strategy map for
navigating toward one’s target. Like target, world view is also shaped by one's cultural programming. However, it is
more varied and complex than the target, because it is also guided by one's direct experiences and one's learnings via
education and the media.
Core
Customer
World View
The representation of the core customer (and those that
the core customer identifies intimately with, like one's
immediate family, or one's company or department, if one
is a leader of an organization or a team). The core
customer is perpetually drawn toward one’s deepest
aspiration and motivations.
The highest good that one imagines to be reasonably possible for oneself. The
aspirational target. The Target is the goal, the ultimate destination, the target
that is perpetually driving the Core Customer toward the Target.
Aspirational Target
World View is what frames and surrounds the individual's vision of target. One's world view is a kind of strategy map for
navigating toward one’s target. Like target, world view is also shaped by one's cultural programming. However, it is
more varied and complex than the target, because it is also guided by one's direct experiences and one's learnings via
education and the media.
"I (Core Customer) choose brands that share my world view and are most likely to
advance me toward my aspirational target."
Core
Customer
Processes
Purposes
World View
Precept
The representation of the core customer (and those that
the core customer identifies intimately with, like one's
immediate family, or one's company or department, if one
is a leader of an organization or a team). The core
customer is perpetually drawn toward one’s deepest
aspiration and motivations.
The highest good that one imagines to be reasonably possible for oneself. The
aspirational target. The Target is the goal, the ultimate destination, the target
that is perpetually driving the Core Customer toward the Target.
Aspirational Target
World View is what frames and surrounds the individual's vision of target. One's world view is a kind of strategy map for
navigating toward one’s target. Like target, world view is also shaped by one's cultural programming. However, it is
more varied and complex than the target, because it is also guided by one's direct experiences and one's learnings via
education and the media.
The actions we want the customer to take
and the act of buying the products we
wish them to buy
The NEEDS and WANTS that propel our customers
to our processes. A vacuum-like void that seeks to
be filled
What our customer believes to be true about the
world. Precepts create the Purposes that drive our
Processes. Precepts arise out of the Target and
World View
Brands are built
around precepts
• Marketing arguments are built around purposes
• Brand gives your marketing strategy permission to be
important
®
B E Y O N D T H E O R Y
www.stealingshare.com
!
Stealing Share, Inc
Suite 816, 301 S Elm Street, Greensboro, NC 27401 • 336.389.9315
733 3rd Avenue, 15th Floor • New York, NY 10017 • 866-725-1080

Más contenido relacionado

La actualidad más candente

Branding Crash Course
Branding Crash CourseBranding Crash Course
Branding Crash CourseGustav Jansen
 
Brand Elements
Brand ElementsBrand Elements
Brand ElementsPam C
 
2.11.12 Branding 101 Final
2.11.12 Branding 101  Final2.11.12 Branding 101  Final
2.11.12 Branding 101 Finalricaaa1
 
Branding As A Tool For Market Access
Branding As A Tool For Market Access�Branding As A Tool For Market Access�
Branding As A Tool For Market Access'Lolu Akinwunmi
 
Brand first, branding second
Brand first, branding secondBrand first, branding second
Brand first, branding secondGordon Graham
 
Branding explanation powerpoint
Branding explanation powerpointBranding explanation powerpoint
Branding explanation powerpointkzeitler924
 
Branding explanation powerpoint
Branding explanation powerpointBranding explanation powerpoint
Branding explanation powerpointkzeitler924
 
Brand identity Kapferer identity prism model
Brand identity  Kapferer identity prism model Brand identity  Kapferer identity prism model
Brand identity Kapferer identity prism model Sander Janssens
 
Exploring the role of cultural branding strategy in brand building
Exploring the role of cultural branding strategy in brand buildingExploring the role of cultural branding strategy in brand building
Exploring the role of cultural branding strategy in brand buildingNaveen Iftekharuddin
 
Session 4, brand strategy, extensions & activation 2013 - 2014
Session 4, brand strategy, extensions & activation 2013 - 2014Session 4, brand strategy, extensions & activation 2013 - 2014
Session 4, brand strategy, extensions & activation 2013 - 2014John Verhoeven
 
The Branding Imperative, Fanen Acho
The Branding Imperative, Fanen AchoThe Branding Imperative, Fanen Acho
The Branding Imperative, Fanen AchoFanen Acho
 
Defining Brand Identity
Defining Brand IdentityDefining Brand Identity
Defining Brand IdentityCarol Phillips
 

La actualidad más candente (20)

Branding Crash Course
Branding Crash CourseBranding Crash Course
Branding Crash Course
 
Brand Elements
Brand ElementsBrand Elements
Brand Elements
 
2.11.12 Branding 101 Final
2.11.12 Branding 101  Final2.11.12 Branding 101  Final
2.11.12 Branding 101 Final
 
Branding As A Tool For Market Access
Branding As A Tool For Market Access�Branding As A Tool For Market Access�
Branding As A Tool For Market Access
 
Brand first, branding second
Brand first, branding secondBrand first, branding second
Brand first, branding second
 
Branding explanation powerpoint
Branding explanation powerpointBranding explanation powerpoint
Branding explanation powerpoint
 
Brand positioning and identification
Brand positioning and identificationBrand positioning and identification
Brand positioning and identification
 
Branding explanation powerpoint
Branding explanation powerpointBranding explanation powerpoint
Branding explanation powerpoint
 
Brand identity
Brand identity Brand identity
Brand identity
 
Brand identity Kapferer identity prism model
Brand identity  Kapferer identity prism model Brand identity  Kapferer identity prism model
Brand identity Kapferer identity prism model
 
What is brand?
What is brand?What is brand?
What is brand?
 
Exploring the role of cultural branding strategy in brand building
Exploring the role of cultural branding strategy in brand buildingExploring the role of cultural branding strategy in brand building
Exploring the role of cultural branding strategy in brand building
 
Re branding the company
Re branding the companyRe branding the company
Re branding the company
 
Toyota Brand Preference
Toyota Brand PreferenceToyota Brand Preference
Toyota Brand Preference
 
branding
 branding branding
branding
 
Session 4, brand strategy, extensions & activation 2013 - 2014
Session 4, brand strategy, extensions & activation 2013 - 2014Session 4, brand strategy, extensions & activation 2013 - 2014
Session 4, brand strategy, extensions & activation 2013 - 2014
 
The Branding Imperative, Fanen Acho
The Branding Imperative, Fanen AchoThe Branding Imperative, Fanen Acho
The Branding Imperative, Fanen Acho
 
139 191228 What is Branding? by Mathew Healey - Anatomy Case Study
139 191228 What is Branding? by Mathew Healey - Anatomy Case Study139 191228 What is Branding? by Mathew Healey - Anatomy Case Study
139 191228 What is Branding? by Mathew Healey - Anatomy Case Study
 
Defining Brand Identity
Defining Brand IdentityDefining Brand Identity
Defining Brand Identity
 
Brand mascot
Brand mascotBrand mascot
Brand mascot
 

Similar a Top Myths in Rebranding

Philadelphia Fashion Incubator Presentation - May 2018
Philadelphia Fashion Incubator Presentation - May 2018 Philadelphia Fashion Incubator Presentation - May 2018
Philadelphia Fashion Incubator Presentation - May 2018 Jami Slotnick
 
Philadelphia Fashion Incubator Presentation May 2018
Philadelphia Fashion Incubator Presentation May 2018Philadelphia Fashion Incubator Presentation May 2018
Philadelphia Fashion Incubator Presentation May 2018David Hitt
 
Lion + Panda Branding Workshop
Lion + Panda Branding WorkshopLion + Panda Branding Workshop
Lion + Panda Branding WorkshopRichard Kaiser
 
International Brand Management - 1.pptx
International Brand Management - 1.pptxInternational Brand Management - 1.pptx
International Brand Management - 1.pptxDiksha Vashisht
 
Branding in the 21st century by imran
Branding in the 21st century  by imranBranding in the 21st century  by imran
Branding in the 21st century by imranImran Hussain
 
Understanding the brand dox
Understanding the brand doxUnderstanding the brand dox
Understanding the brand doxNGANG PEREZ
 
Branding Roundtable No. 2 – Purpose-Driven Branding
Branding Roundtable No. 2 – Purpose-Driven Branding Branding Roundtable No. 2 – Purpose-Driven Branding
Branding Roundtable No. 2 – Purpose-Driven Branding Leo Burnett
 
Wake Up Your Brand: Talking Finger & Michael Desroches Presentation
Wake Up Your Brand: Talking Finger & Michael Desroches PresentationWake Up Your Brand: Talking Finger & Michael Desroches Presentation
Wake Up Your Brand: Talking Finger & Michael Desroches PresentationBrand Inspiration
 
AM COMPANY PROFILE NEW 2017 NEW SML.PDF
AM COMPANY PROFILE NEW 2017 NEW SML.PDFAM COMPANY PROFILE NEW 2017 NEW SML.PDF
AM COMPANY PROFILE NEW 2017 NEW SML.PDFDawn Tlhapane
 
What is brand when do you have one
What is brand when do you have oneWhat is brand when do you have one
What is brand when do you have oneDyan Sutton
 
Leadership Brands: How The Right Strategy Can Beat The Un-Economy
Leadership Brands: How The Right Strategy Can Beat The Un-EconomyLeadership Brands: How The Right Strategy Can Beat The Un-Economy
Leadership Brands: How The Right Strategy Can Beat The Un-EconomyTaitSubler
 
Empowerment through Enterprise - sales and marketing, the engine and the energy
Empowerment through Enterprise - sales and marketing, the engine and the energyEmpowerment through Enterprise - sales and marketing, the engine and the energy
Empowerment through Enterprise - sales and marketing, the engine and the energycaniceconsulting
 
Webinar: Corona Crisis > How your virtual services brand can stand out in tod...
Webinar: Corona Crisis > How your virtual services brand can stand out in tod...Webinar: Corona Crisis > How your virtual services brand can stand out in tod...
Webinar: Corona Crisis > How your virtual services brand can stand out in tod...Gina Dunn
 
Build Your Brand and Your Business 10 05-10
Build Your Brand and Your Business 10 05-10Build Your Brand and Your Business 10 05-10
Build Your Brand and Your Business 10 05-10KeySplash Creative, Inc.
 
What is a brand? And, what is the real value to business owners?
What is a brand? And, what is the real value to business owners?What is a brand? And, what is the real value to business owners?
What is a brand? And, what is the real value to business owners?Paul Segreto
 

Similar a Top Myths in Rebranding (20)

Philadelphia Fashion Incubator Presentation - May 2018
Philadelphia Fashion Incubator Presentation - May 2018 Philadelphia Fashion Incubator Presentation - May 2018
Philadelphia Fashion Incubator Presentation - May 2018
 
Philadelphia Fashion Incubator Presentation May 2018
Philadelphia Fashion Incubator Presentation May 2018Philadelphia Fashion Incubator Presentation May 2018
Philadelphia Fashion Incubator Presentation May 2018
 
Lion + Panda Branding Workshop
Lion + Panda Branding WorkshopLion + Panda Branding Workshop
Lion + Panda Branding Workshop
 
International Brand Management - 1.pptx
International Brand Management - 1.pptxInternational Brand Management - 1.pptx
International Brand Management - 1.pptx
 
Branding in the 21st century by imran
Branding in the 21st century  by imranBranding in the 21st century  by imran
Branding in the 21st century by imran
 
Branding[1]
Branding[1]Branding[1]
Branding[1]
 
Understanding the brand dox
Understanding the brand doxUnderstanding the brand dox
Understanding the brand dox
 
Branding Roundtable No. 2 – Purpose-Driven Branding
Branding Roundtable No. 2 – Purpose-Driven Branding Branding Roundtable No. 2 – Purpose-Driven Branding
Branding Roundtable No. 2 – Purpose-Driven Branding
 
Wake Up Your Brand: Talking Finger & Michael Desroches Presentation
Wake Up Your Brand: Talking Finger & Michael Desroches PresentationWake Up Your Brand: Talking Finger & Michael Desroches Presentation
Wake Up Your Brand: Talking Finger & Michael Desroches Presentation
 
AM COMPANY PROFILE NEW 2017 NEW SML.PDF
AM COMPANY PROFILE NEW 2017 NEW SML.PDFAM COMPANY PROFILE NEW 2017 NEW SML.PDF
AM COMPANY PROFILE NEW 2017 NEW SML.PDF
 
What is brand when do you have one
What is brand when do you have oneWhat is brand when do you have one
What is brand when do you have one
 
2012.presentation
2012.presentation2012.presentation
2012.presentation
 
Lecture Brands & Branding foundation year at AMFI
Lecture Brands & Branding foundation year at AMFILecture Brands & Branding foundation year at AMFI
Lecture Brands & Branding foundation year at AMFI
 
Build Your Brand and Build Your Business
Build Your Brand and Build Your BusinessBuild Your Brand and Build Your Business
Build Your Brand and Build Your Business
 
Leadership Brands: How The Right Strategy Can Beat The Un-Economy
Leadership Brands: How The Right Strategy Can Beat The Un-EconomyLeadership Brands: How The Right Strategy Can Beat The Un-Economy
Leadership Brands: How The Right Strategy Can Beat The Un-Economy
 
Empowerment through Enterprise - sales and marketing, the engine and the energy
Empowerment through Enterprise - sales and marketing, the engine and the energyEmpowerment through Enterprise - sales and marketing, the engine and the energy
Empowerment through Enterprise - sales and marketing, the engine and the energy
 
Webinar: Corona Crisis > How your virtual services brand can stand out in tod...
Webinar: Corona Crisis > How your virtual services brand can stand out in tod...Webinar: Corona Crisis > How your virtual services brand can stand out in tod...
Webinar: Corona Crisis > How your virtual services brand can stand out in tod...
 
Build Your Brand and Your Business 10 05-10
Build Your Brand and Your Business 10 05-10Build Your Brand and Your Business 10 05-10
Build Your Brand and Your Business 10 05-10
 
Marketing ppt
Marketing pptMarketing ppt
Marketing ppt
 
What is a brand? And, what is the real value to business owners?
What is a brand? And, what is the real value to business owners?What is a brand? And, what is the real value to business owners?
What is a brand? And, what is the real value to business owners?
 

Último

pptx.marketing strategy of tanishq. pptx
pptx.marketing strategy of tanishq. pptxpptx.marketing strategy of tanishq. pptx
pptx.marketing strategy of tanishq. pptxarsathsahil
 
The power of SEO-driven market intelligence
The power of SEO-driven market intelligenceThe power of SEO-driven market intelligence
The power of SEO-driven market intelligenceHinde Lamrani
 
Jai Institute for Parenting Program Guide
Jai Institute for Parenting Program GuideJai Institute for Parenting Program Guide
Jai Institute for Parenting Program Guidekiva6
 
Snapshot of Consumer Behaviors of March 2024-EOLiSurvey (EN).pdf
Snapshot of Consumer Behaviors of March 2024-EOLiSurvey (EN).pdfSnapshot of Consumer Behaviors of March 2024-EOLiSurvey (EN).pdf
Snapshot of Consumer Behaviors of March 2024-EOLiSurvey (EN).pdfEastern Online-iSURVEY
 
Most Influential HR Leaders Leading the Corporate World, 2024 (Final file).pdf
Most Influential HR Leaders Leading the Corporate World, 2024 (Final file).pdfMost Influential HR Leaders Leading the Corporate World, 2024 (Final file).pdf
Most Influential HR Leaders Leading the Corporate World, 2024 (Final file).pdfCIO Business World
 
Exploring The World Of Adult Ad Networks.pdf
Exploring The World Of Adult Ad Networks.pdfExploring The World Of Adult Ad Networks.pdf
Exploring The World Of Adult Ad Networks.pdfadult marketing
 
5 Digital Marketing Tips | Devherds Software Solutions
5 Digital Marketing Tips | Devherds Software Solutions5 Digital Marketing Tips | Devherds Software Solutions
5 Digital Marketing Tips | Devherds Software SolutionsDevherds Software Solutions
 
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdf
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdfDGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdf
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdfDemandbase
 
Influencer Marketing Power point presentation
Influencer Marketing  Power point presentationInfluencer Marketing  Power point presentation
Influencer Marketing Power point presentationdgtivemarketingagenc
 
(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...
(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...
(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...Hugues Rey
 
ASO Process: What is App Store Optimization
ASO Process: What is App Store OptimizationASO Process: What is App Store Optimization
ASO Process: What is App Store OptimizationAli Raza
 
Red bull marketing presentation pptxxxxx
Red bull marketing presentation pptxxxxxRed bull marketing presentation pptxxxxx
Red bull marketing presentation pptxxxxx216310017
 
Word Count for Writers: Examples of Word Counts for Sample Genres
Word Count for Writers: Examples of Word Counts for Sample GenresWord Count for Writers: Examples of Word Counts for Sample Genres
Word Count for Writers: Examples of Word Counts for Sample GenresLisa M. Masiello
 
The Impact of Digital Technologies
The Impact of Digital Technologies The Impact of Digital Technologies
The Impact of Digital Technologies bruguardarib
 
Michael Kors marketing assignment swot analysis
Michael Kors marketing assignment swot analysisMichael Kors marketing assignment swot analysis
Michael Kors marketing assignment swot analysisjunaid794917
 
Fiverr's Product Marketing Interview Assignment
Fiverr's Product Marketing Interview AssignmentFiverr's Product Marketing Interview Assignment
Fiverr's Product Marketing Interview AssignmentFarrel Brest
 
VIP Call Girls In Green Park 9654467111 Escorts Service
VIP Call Girls In Green Park 9654467111 Escorts ServiceVIP Call Girls In Green Park 9654467111 Escorts Service
VIP Call Girls In Green Park 9654467111 Escorts ServiceSapana Sha
 
Mastering SEO in the Evolving AI-driven World
Mastering SEO in the Evolving AI-driven WorldMastering SEO in the Evolving AI-driven World
Mastering SEO in the Evolving AI-driven WorldScalenut
 
2024 SEO Trends for Business Success (WSA)
2024 SEO Trends for Business Success (WSA)2024 SEO Trends for Business Success (WSA)
2024 SEO Trends for Business Success (WSA)Jomer Gregorio
 
Storyboards for my Final Major Project Video
Storyboards for my Final Major Project VideoStoryboards for my Final Major Project Video
Storyboards for my Final Major Project VideoSineadBidwell
 

Último (20)

pptx.marketing strategy of tanishq. pptx
pptx.marketing strategy of tanishq. pptxpptx.marketing strategy of tanishq. pptx
pptx.marketing strategy of tanishq. pptx
 
The power of SEO-driven market intelligence
The power of SEO-driven market intelligenceThe power of SEO-driven market intelligence
The power of SEO-driven market intelligence
 
Jai Institute for Parenting Program Guide
Jai Institute for Parenting Program GuideJai Institute for Parenting Program Guide
Jai Institute for Parenting Program Guide
 
Snapshot of Consumer Behaviors of March 2024-EOLiSurvey (EN).pdf
Snapshot of Consumer Behaviors of March 2024-EOLiSurvey (EN).pdfSnapshot of Consumer Behaviors of March 2024-EOLiSurvey (EN).pdf
Snapshot of Consumer Behaviors of March 2024-EOLiSurvey (EN).pdf
 
Most Influential HR Leaders Leading the Corporate World, 2024 (Final file).pdf
Most Influential HR Leaders Leading the Corporate World, 2024 (Final file).pdfMost Influential HR Leaders Leading the Corporate World, 2024 (Final file).pdf
Most Influential HR Leaders Leading the Corporate World, 2024 (Final file).pdf
 
Exploring The World Of Adult Ad Networks.pdf
Exploring The World Of Adult Ad Networks.pdfExploring The World Of Adult Ad Networks.pdf
Exploring The World Of Adult Ad Networks.pdf
 
5 Digital Marketing Tips | Devherds Software Solutions
5 Digital Marketing Tips | Devherds Software Solutions5 Digital Marketing Tips | Devherds Software Solutions
5 Digital Marketing Tips | Devherds Software Solutions
 
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdf
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdfDGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdf
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdf
 
Influencer Marketing Power point presentation
Influencer Marketing  Power point presentationInfluencer Marketing  Power point presentation
Influencer Marketing Power point presentation
 
(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...
(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...
(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...
 
ASO Process: What is App Store Optimization
ASO Process: What is App Store OptimizationASO Process: What is App Store Optimization
ASO Process: What is App Store Optimization
 
Red bull marketing presentation pptxxxxx
Red bull marketing presentation pptxxxxxRed bull marketing presentation pptxxxxx
Red bull marketing presentation pptxxxxx
 
Word Count for Writers: Examples of Word Counts for Sample Genres
Word Count for Writers: Examples of Word Counts for Sample GenresWord Count for Writers: Examples of Word Counts for Sample Genres
Word Count for Writers: Examples of Word Counts for Sample Genres
 
The Impact of Digital Technologies
The Impact of Digital Technologies The Impact of Digital Technologies
The Impact of Digital Technologies
 
Michael Kors marketing assignment swot analysis
Michael Kors marketing assignment swot analysisMichael Kors marketing assignment swot analysis
Michael Kors marketing assignment swot analysis
 
Fiverr's Product Marketing Interview Assignment
Fiverr's Product Marketing Interview AssignmentFiverr's Product Marketing Interview Assignment
Fiverr's Product Marketing Interview Assignment
 
VIP Call Girls In Green Park 9654467111 Escorts Service
VIP Call Girls In Green Park 9654467111 Escorts ServiceVIP Call Girls In Green Park 9654467111 Escorts Service
VIP Call Girls In Green Park 9654467111 Escorts Service
 
Mastering SEO in the Evolving AI-driven World
Mastering SEO in the Evolving AI-driven WorldMastering SEO in the Evolving AI-driven World
Mastering SEO in the Evolving AI-driven World
 
2024 SEO Trends for Business Success (WSA)
2024 SEO Trends for Business Success (WSA)2024 SEO Trends for Business Success (WSA)
2024 SEO Trends for Business Success (WSA)
 
Storyboards for my Final Major Project Video
Storyboards for my Final Major Project VideoStoryboards for my Final Major Project Video
Storyboards for my Final Major Project Video
 

Top Myths in Rebranding

  • 1. “I choose brands that I believe to be a reflection of myself”
  • 2. Something has changed!Communicating your brand is not as easy as it used to be
  • 4. There Are Danger Signs • Margins are eroding • Market place is getting more crowded • Market segmentation is driving your business
  • 6. Branding Myths Brand is your logo and mark Re-branding means you need to change your name. Brand tells the consumer what you do. Being first is most important. Being best is most important. Brand awareness = market share. Market segmentation is the way to
  • 8. Only 25% of our consumer clients end up with a change in brand name. Often, re-branding entails assigning new and more powerful meaning to an existing brand mark or icon.
  • 9. “Brand tells the traveler who we are or what we do”
  • 10. Your corporate identity tells the customer who you are — your brand does not. Brand is not a description of your business it is a description of your customer. The business of your business is in promoting and managing your destination or service. The business of your brand... well, that’s all about your customer’s view of themselves.
  • 11. “Being first in the market is most important.” ! “Being best ensures your success”
  • 12. No, being first only assures your brand of an entrance opportunity. The market graveyard is littered with failed and failing “firsts.” Miller Lite is a perfect example. Being biggest simply says no one has successfully challenged you. SONY was once the world’s biggest electronics brand. Today they have given up leadership in VCRs, TV’s and just about every other category that they once dominated.
  • 13. In 1959 P&G launched Pampers brand disposable diapers. Pampers was first
  • 14. 0 25 50 75 100 1959 1960 1961 1962 1968 Cloth Disposable Other Competitors
  • 15. Pampers built the category and by 1968 they owned the category — with the brand name becoming synonymous with the delivery system. It quickly became P&Gs most profitable and dominant brand. The brand continued to build the category stressing product efficacy and innovation. But something happened in 1968.
  • 16. Kimberly-Clark entered the market with Huggies. ! It quickly become P&Gs biggest competitor. But Pampers forged on. They sold leakage protection, barrier leg cuffs, absorbency and a host of other product innovations. What they did not sell was a brand. ! P&G looked to further segment its market and launched LUVS.
  • 17. 0 25 50 75 100 1959 1960 1961 1962 1968 1970 1975 1985 1995 1999 2000 2003 2005 Cloth Pampers Luvs Huggies
  • 18. Pampers sold the best diaper money could buy. Huggies sold the best mother you could possibly be. Huggies built a brand and Pampers built a great category.
  • 19. “Being best is most important”
  • 20. Brand is not about a product’s efficacy. Best in category is no REAL promise of success. Your margins reside in your brand equity and not in your product’s efficacy.
  • 21. In 1997 Apple introduced the iMac. A revolution in internet connectivity. In 2002 Apple introduced OS X, its 10th operating system. The UNIX based system is virtually crash proof and has shown itself to be at least 5 years ahead of the latest Windows release. Apple’s Tiger increased the advantage by another couple of years. In 1984 they introduced the Macintosh. With a graphic operating system and heretofore unheard of graphic capabilities. It was a milestone. Mac’s system was 15 years ahead of the competition. Apple computer became a market leader in the early 80s with their Apple II.
  • 22. Microsoft received a license to package its DOS with every PC manufactured. Aside from the tightly held Apple market, the only competitor to DOS was a grouping of non-compatible proprietary systems (Commodore, TI, etc...) Was the market leader in computing. Their mainframe systems had set the world standard for 20 years Based on Apple’s success, IBM sees an opportunity to grab additional markets, IBM launched the PC Jr. in the early 80’s.
  • 23. 0 25 50 75 100 1980 1982 1984 1986 1995 2000 2003 Apple Macintosh DOS Machines Windows Machines Other Small Computers
  • 24. Brand Customers cannot choose what they do not know. Preference is created through a critical mixture of brand meaning (importance) and awareness. Awareness Share Of Market=
  • 25. Lipton Tetley 0.0 22.5 45.0 67.5 90.0 Market Share Aided Awareness US Tea Market
  • 26. “You can build a brand even if you don’t advertise”
  • 27. All evidence is to the contrary. Brand meaning is a definition maintained by the customer. Without speaking that meaning we allow the customer to define the brand. What we end up with is not one brand but 300,000 brands. What about Starbucks and Krispy Kreme?
  • 28. . ! Both of these brands totally control a retail brand environment in which the brand is meticulously managed to create a single unified meaning. ! The Starbucks brand (A timely experience) has been translated from the retail store to the home and not the other way around.
  • 29. The business of your business and the business of your brand Corporate identity Efficacy Consistency Product/Service What you sell W hat you do or what you m ake The business of your business Your Business i.e. FedEx
  • 30. Corporate identity Efficacy Consistency Product/Service What you sell W hat you do or what you m ake The business of your business Your Business Affirmation Personal Identity Preceptual context Self-description W ho you are, what you m ean Corporate identity What customers buyThe business of your brand The business of your business and the business of your brand =Peace of mind
  • 32. Brand Is Anthropology • Marketing is what you sell • Brand is the person you influence
  • 35. • Brand choices are a direct consequence of strongly held beliefs • Robust brands are a well polished reflection of those beliefs I choose brands that are a reflection of who I am
  • 36. How beliefs influence the laundry soap purchase decisions Use bleach Use liquid Use powder Use additives Use softener Use pre-soak I need fresher smell I want softer clothes I need brighter colors I believe it is my job I need whiter whites I believe it is how I show I care I believe others can tell I believe simplicity is better Processes Purposes Precepts Ruling Precept
  • 37. Core Customer World View The representation of the core customer (and those that the core customer identifies intimately with, like one's immediate family, or one's company or department, if one is a leader of an organization or a team). The core customer is perpetually drawn toward one’s deepest aspiration and motivations. The highest good that one imagines to be reasonably possible for oneself. The aspirational target. The Target is the goal, the ultimate destination, the target that is perpetually driving the Core Customer toward the Target. Aspirational Target World View is what frames and surrounds the individual's vision of target. One's world view is a kind of strategy map for navigating toward one’s target. Like target, world view is also shaped by one's cultural programming. However, it is more varied and complex than the target, because it is also guided by one's direct experiences and one's learnings via education and the media.
  • 38. Core Customer World View The representation of the core customer (and those that the core customer identifies intimately with, like one's immediate family, or one's company or department, if one is a leader of an organization or a team). The core customer is perpetually drawn toward one’s deepest aspiration and motivations. The highest good that one imagines to be reasonably possible for oneself. The aspirational target. The Target is the goal, the ultimate destination, the target that is perpetually driving the Core Customer toward the Target. Aspirational Target World View is what frames and surrounds the individual's vision of target. One's world view is a kind of strategy map for navigating toward one’s target. Like target, world view is also shaped by one's cultural programming. However, it is more varied and complex than the target, because it is also guided by one's direct experiences and one's learnings via education and the media. "I (Core Customer) choose brands that share my world view and are most likely to advance me toward my aspirational target."
  • 39. Core Customer Processes Purposes World View Precept The representation of the core customer (and those that the core customer identifies intimately with, like one's immediate family, or one's company or department, if one is a leader of an organization or a team). The core customer is perpetually drawn toward one’s deepest aspiration and motivations. The highest good that one imagines to be reasonably possible for oneself. The aspirational target. The Target is the goal, the ultimate destination, the target that is perpetually driving the Core Customer toward the Target. Aspirational Target World View is what frames and surrounds the individual's vision of target. One's world view is a kind of strategy map for navigating toward one’s target. Like target, world view is also shaped by one's cultural programming. However, it is more varied and complex than the target, because it is also guided by one's direct experiences and one's learnings via education and the media. The actions we want the customer to take and the act of buying the products we wish them to buy The NEEDS and WANTS that propel our customers to our processes. A vacuum-like void that seeks to be filled What our customer believes to be true about the world. Precepts create the Purposes that drive our Processes. Precepts arise out of the Target and World View
  • 40. Brands are built around precepts • Marketing arguments are built around purposes • Brand gives your marketing strategy permission to be important
  • 41. ® B E Y O N D T H E O R Y www.stealingshare.com ! Stealing Share, Inc Suite 816, 301 S Elm Street, Greensboro, NC 27401 • 336.389.9315 733 3rd Avenue, 15th Floor • New York, NY 10017 • 866-725-1080