SlideShare una empresa de Scribd logo
1 de 116
Descargar para leer sin conexión
ENLIGHTENMENT SERIES
Understanding the New
Customer Journey
How leading brands are creating fanatical followings
and ludicrous loyalty.
Chris Kneeland
CEO, Cult Collective
Chris Kneeland
CEO, Cult Collective
chris@cult.ca
@CultIdeas
I graduated with Master’s degree in marketing
communications from Northwestern University and worked
client-side at John Deere and The Home Depot prior to
selling my soul to join an ad agency (Rapp) in Dallas, Texas.
In 2010, I moved to Calgary to run Watermark Advertising
Design. Then, in September 2012, I resigned to join a Cult.
Paradigm
Shift
A paradigm shift is a fundamental change in our assumptions.
Imagine the impact on society when people learned that their fundamental belief
about the planet they lived on was wrong.
Paradigm
Shift
This paradigm shift destroyed the notion that the earth was flat and sent a shock
wave across a host of institutions that resulted in many exciting endeavours that led
to the discovery of new lands, new people and new fortunes.
Paradigm
Shift
There is another common paradigm that most marketers believe that is equally as
false as the world being flat.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   7	
  
There is growing consensus among marketing strategists that this popular marketing
paradigm – most often referred to as the purchase funnel or buying cycle – is flawed.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   8	
  
Consider that this marketing theory was first published in 1898. And the last major
refinement to it was in 1924. It hasn’t been improved upon much since, despite all
the advances in technology and media and demographics and the global economy.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   9	
  
Most Corporate executives– especially those with marketing degrees – are taught to
believe this so-called truth.
But we’re now faced with a new marketing paradigm. Despite a ton of evidence to
prove its validity, companies are filled with a lot of old dogs with little interest in
learning new tricks.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   10	
  
Some marketing leaders are too risk averse. Others are in denial. Others are just too
complacent and uninterested in championing change.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   11	
  
Leadership at Blockbuster Video failed to comprehend the disruptive impact that
alternative business models and different types of marketing would have on their
business.
They believed their #1 enemy was Hollywood Video, and they used very traditional
marketing strategies to combat them. They should have been more worried about
their outdated marketing practices.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   12	
  
By contrast, in 2009 when Starbucks was getting clobbered by the recession, the
CMO literally threw his annual marketing plan against the wall and insisted they
rethink everything and build a plan from scratch that capitalizes on the new realities
of the 21st century consumer and marketplace.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   13	
  
I am going to share with you some core principles that, if properly applied, should
radically change what you do on a daily basis as sales and marketing professionals.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   14	
  
I am going to share with you some core principles that, if properly applied, should
radically change what you do on a daily basis as sales and marketing professionals.
1Advertising has one goal:
Reach consumers when they can most
influence their decisions.
4 Moments
That Matter
1Advertising has one goal:
Reach consumers when they can most
influence their decisions.
4 Moments
That Matter
Here is the first truth: There are really only 4 moments that really matter.
1Advertising has one goal:
Reach consumers when they can most
influence their decisions.
4 Moments
That Matter
Instead of the 7 steps outlined in the traditional purchase funnel, a team of Harvard
researchers have confirmed we should divert all our energy to 4 critical tasks.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   18	
  
Summarize	
  the	
  HBR	
  ar.cle	
  about	
  the	
  purchase	
  
funnel	
  
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   19	
  
Summarize	
  the	
  HBR	
  ar.cle	
  about	
  the	
  purchase	
  
funnel	
  
In 2009, these researchers studied 20,000 consumers across three different
countries shopping for five different categories – cars, electronics, cosmetics,
insurance, and telephone services. They then diagramed their findings into this new
framework.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   20	
  
Summarize	
  the	
  HBR	
  ar.cle	
  about	
  the	
  purchase	
  
funnel	
  
First, the consumer considers an initial set of options, based on brand perceptions
and exposure to recent stimuli and touch points. We most often refer to this stage as
awareness, and mass advertising remains a viable option for brands that want to
always be top of mind.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   21	
  
Summarize	
  the	
  HBR	
  ar.cle	
  about	
  the	
  purchase	
  
funnel	
  
But the new news here is that far fewer brands are considered than initially believed.
This idea was explained in a book by Barry Schwartz called the Paradox of Choice.
Given the proliferation and commoditization of products and services, we actually
want to consider fewer, not more, options at the onset of our buying behaviour.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   22	
  
Summarize	
  the	
  HBR	
  ar.cle	
  about	
  the	
  purchase	
  
funnel	
  
The second new idea introduced here is that of recency. Gone are the days of
seeing a commercial months ago, or getting something in the mail weeks ago, or
seeing a banner ad days ago and us remembering it. We’re now bombarded with
over 2,000 marketing stimuli a day and we can’t process it all. So we don’t retain
information like we used to.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   23	
  
Summarize	
  the	
  HBR	
  ar.cle	
  about	
  the	
  purchase	
  
funnel	
  
Only once a person is ‘in market’ to buy something should we turn our messaging
on. Everything else is waste. But that is easier said than done. It’s also why Google is
now one of the most profitable companies on the planet. They excel at identifying
buyers when they are ready to buy.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   24	
  
Summarize	
  the	
  HBR	
  ar.cle	
  about	
  the	
  purchase	
  
funnel	
  
But there are other ways to go about this. I worked with Select Comfort, makers of
the Sleep Number® bed, trying to identify when people are bed shopping. Most
mattress competitors simply bombard the air waves and weekly newspapers with
ads hoping that someone listening was in the market for a bed, but Select Comfort
got really smart leveraging data to identify purchasing triggers like someone is
moving, or getting married, or getting divorced, or pregnant, or suffering from back
pain, etc.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   25	
  
Summarize	
  the	
  HBR	
  ar.cle	
  about	
  the	
  purchase	
  
funnel	
  
The second component of the new purchase pathway is a concept totally counter to
the original paradigm. It states that consumers add and subtract brand as they
evaluate what they want.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   26	
  
Summarize	
  the	
  HBR	
  ar.cle	
  about	
  the	
  purchase	
  
funnel	
  
They discovered that as we enter into consideration mode, we actually add
contenders instead of narrow them down. So the whole visual metaphor of a funnel
that starts wide and grows more narrow is completely false.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   27	
  
Summarize	
  the	
  HBR	
  ar.cle	
  about	
  the	
  purchase	
  
funnel	
  
For example, they learned that with cars we start by considering on average 2-3
models, and by the end of the evaluation phase we end up with over 6 possible
makes or models that we’re seriously evaluating.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   28	
  
Summarize	
  the	
  HBR	
  ar.cle	
  about	
  the	
  purchase	
  
funnel	
  
Also, given the amount and type of information now available to us, we tend to re-
consider what we thought was most important. So, for example, we might have
begun the process by thinking all we wanted a simple 4-door mid priced sedan, but
as we do our research we start to consider other things that become really important,
like warranty, financing, or safety rating, or resell value, or fuel economy. This new
reality has birthed a whole new marketing discipline most often called Inbound
Marketing which we’ll talk more about in a minute.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   29	
  
Summarize	
  the	
  HBR	
  ar.cle	
  about	
  the	
  purchase	
  
funnel	
  
Stage 3 of the purchase pathway has changed the least, because at some point we
all have to buy something. But the way we pay, and how we buy, has certainly
evolved over the years. Perhaps the most dramatic difference is the fact that in the
old model people believed that consumers made up our minds during the
consideration phase and the act of shopping was mostly transactional so we could
pick up the items we want.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   30	
  
Summarize	
  the	
  HBR	
  ar.cle	
  about	
  the	
  purchase	
  
funnel	
  
But researchers now say anywhere from 30-50% of our purchase decisions are
made at the point of sale. That means we didn’t really come to any decisive
conclusions during the Evaluation phase and opt instead to just go to the store and
make a decision on the spot.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   31	
  
Summarize	
  the	
  HBR	
  ar.cle	
  about	
  the	
  purchase	
  
funnel	
  
This knowledge makes point of sale material and merchandising and customer
service and sales training as vital as the billions we spend on TV and print ads to get
people into the store in the first place.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   32	
  
Summarize	
  the	
  HBR	
  ar.cle	
  about	
  the	
  purchase	
  
funnel	
  
Finally, the fourth stage didn’t even exist in the original purchase funnel model. That
model ended with purchase. But as we all know, once we own an item, or bought a
service, our opinions about the brand are just beginning.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   33	
  
Summarize	
  the	
  HBR	
  ar.cle	
  about	
  the	
  purchase	
  
funnel	
  
Our experience with the product or services determines whether or not we’ll
purchase it again, and our ongoing interactions with the brand dictates if we will
become brand ambassadors and find excuses to tell our friends about it.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   34	
  
Summarize	
  the	
  HBR	
  ar.cle	
  about	
  the	
  purchase	
  
funnel	
  
If brands can excel at making the ownership experience exceptional, then those
customers, as well as everyone they influence, are more likely to bypass the first two
phases the next time they’re in market and remain loyal to the brand they bought the
first time.
2Customer’s outreach to brands is more
important than brands outreach to
customers
Pull vs.
Push
2Customer’s outreach to brands is more
important than brands outreach to
customers
Pull vs.
Push
If we accept this new paradigm, we need to radically reconsider the Evaluation
phase. The original model was heavily focused on Awareness and trying to fill the
funnel with prospects. Under that scenario most marketing effort goes into targeted
media buying - that’s why McDonalds buys radio during the lunch hour, retailers
spend 50% of their budgets in Nov & December for holiday shopping, youth brands
clamour to buy ads on programs like American Idol because they know their
audiences will be watching.
2Customer’s outreach to brands is more
important than brands outreach to
customers
Pull vs.
Push
But in this new paradigm, marketing it’s less about trying to guess when your
audience is ready to buy and more about being there and over-delivering when they
reach out to you. It more inbound than outbound. Its about always being on – 24/7
in a pull vs. push environment – and having amazing content to convert shoppers
when they come to check you out.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   38	
  
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   39	
  
Zappos is a great example of this. They do every little mass advertising. Instead, they
create what they call “WOW” experiences – both online and through their call center
– designed to impress those who are considering new shoes.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   40	
  
For example, If you type Born Sandals into Google, Zappos doesn’t pay for the key
word, but their website is built in such a way that it is optimized for the search
engines so that Zappos’s very targeted key words and copy show up near the top.
When people see this search result and click on it, it costs Zappos nothing.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   41	
  
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   42	
  
And when people get to Zappos page, they not only have over 200 sandals to
choose from, but they are surrounded by all this amazing content.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   43	
  
In addition to investing in world-class customer service agents and a very attractive
shipping policies. They invest in promotional giveaways, trend videos, ratings and
reviews, and cross-selling alternative brands and complementary outfits.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   44	
  
Zappos paid for nothing to get women to want Born sandals, but once they identify
you are in the market, they overwhelm you with so many positive experiences you
can’t help yourself but buy from them.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   45	
  
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   46	
  
What I’m really talking about is Inbound marketing. Inbound marketing includes
everything from search engine marketing to pod casts. Online videos to blogs. Virtual
open houses to real time Q&A. Compelling visuals in the form of infographics and
interesting white papers that position the publishers as experts.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   47	
  
These types of channels and content strategies are hugely impactful during the
customer journey. I needed more customer testimonials, more ratings and reviews,
more online video, more salesmanship throughout the process to alleviate my
concerns.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   48	
  
These are the new tricks of the trade for which marketers need a. You don’t have to
do them all, but you need to do some of them, and you need to do them as well as
you do your highly polished brochures and and carefully crafted print ads. Too many
marketing professionals mistakenly believe their job is to create awareness instead of
improve conversion. These types of tactics converts browsers into buyers.
3Cult brands cater to active loyalists
and let them tell their story to
prospects
Advocacy
vs.
Acquisition
3Cult brands cater to active loyalists
and let them tell their story to
prospects
Advocacy
vs.
Acquisition
The goal of every marketer should be advocacy, not just acquisition. Any business
can get customers, but great brands attract cult-like followings. Cult-like brands
understand that the ownership experience is so vital that they prioritize retention and
referral over prospecting and mass advertising.
3Cult brands cater to active loyalists
and let them tell their story to
prospects
Advocacy
vs.
Acquisition
The original purchase funnel didn’t even mention word of mouth or post-purchase
behavior, yet that is 25% of Harvard’s new model. An Engagement Agency helps
brands cater to active loyalists by helping them tell your story to prospects, and we
also understand that great customer experiences require so much more than great
marketing communications.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   52	
  
Say	
  something	
  
interes.ng	
  
Be	
  interested	
  in	
  
what	
  they’re	
  saying	
  
Be	
  interes.ng	
  so	
  they	
  
say	
  something	
  about	
  you	
  
Adver.sing	
   CRM/Loyalty/Social	
   Engagement	
  
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   53	
  
Say	
  something	
  
interes.ng	
  
Be	
  interested	
  in	
  
what	
  they’re	
  saying	
  
Be	
  interes.ng	
  so	
  they	
  
say	
  something	
  about	
  you	
  
Adver.sing	
   CRM/Loyalty/Social	
   Engagement	
  
Here’s the problem. Most marketers are very good at coming up with clever
messages and then buying media that shouts their message at people. That is
appropriate if your goal is to say one thing to as many people as possible. This is the
oldest form of advertising and was most effective when the TV was the primary
marketing channel.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   54	
  
Say	
  something	
  
interes.ng	
  
Be	
  interested	
  in	
  
what	
  they’re	
  saying	
  
Be	
  interes.ng	
  so	
  they	
  
say	
  something	
  about	
  you	
  
Adver.sing	
   CRM/Loyalty/Social	
   Engagement	
  
Then, about 20 years ago, CRM, loyalty marketing and (more recently) social media
are getting very good at listening and responding. We have bcome interested In what
people are saying – either with their words or actions – and responding accordingly.
This is certainly better than the first option, but there is now a fundamental challenge.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   55	
  
Say	
  something	
  
interes.ng	
  
Be	
  interested	
  in	
  
what	
  they’re	
  saying	
  
Be	
  interes.ng	
  so	
  they	
  
say	
  something	
  about	
  you	
  
Adver.sing	
   CRM/Loyalty/Social	
   Engagement	
  
People are talking to each other more and more about brands and products and
services while at the same time tuning out the brands themselves. They’re literally
talking about us behind our backs and we can’t get a word in.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   56	
  
Say	
  something	
  
interes.ng	
  
Be	
  interested	
  in	
  
what	
  they’re	
  saying	
  
Be	
  interes.ng	
  so	
  they	
  
say	
  something	
  about	
  you	
  
Adver.sing	
   CRM/Loyalty/Social	
   Engagement	
  
Most of the traditional tactics are failing because people fast forward past our
commercials, opt out of our mailing lists, unsubscribe from the newspaper, and
ignore our banner ads. And if we are lucky enough to get one of our messages
through, research has proven that they don’t believe us.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   57	
  
Say	
  something	
  
interes.ng	
  
Be	
  interested	
  in	
  
what	
  they’re	
  saying	
  
Be	
  interes.ng	
  so	
  they	
  
say	
  something	
  about	
  you	
  
Adver.sing	
   CRM/Loyalty/Social	
   Engagement	
  
In fact, they will believe a complete stranger’s online rating of our product more than
the print ad we spent 4 weeks working on. So no matter how awesome you tell
people your offering is, a 1-star review by a consumer is damaging. So brands must
become so interesting, so relevant and so meaningful that core customers can’t help
themselves but think and say positive things.
Pepsi tried this with their Pepsi Refresh initiative. They shifted $20MM from
advertising that was earmarked to pay for Super Bowl commercials, and instead
invested it in various community outreach programs.
Pepsi backed all sorts of philanthropic activities that their customers said were
important to them. Overall the campaign received tremendous buzz and the Refresh
website reportedly received over 8 billion page views. But overall the marketing
community gave it mixed reviews.
We applaud Pepsi for trying something different, but they made two mistakes.
First, while 20 million dollars sounds like a lot of money to most of us, that’s a
rounding error for their total advertising and promotional budget. The Refresh
campaign did not receive the kind of ‘all in’ investment that brands like Patagonia or
Under Armour do with their cult-like marketing efforts.
Secondly, the Pepsi Refresh Project wasn’t very authentic. It was something Pepsi
did, but it wasn’t who they are. When a brand like LuluLemon does something
related to health and fitness it seems normal, but then Sears tries it, it seems forced
and fake. You need to be true to who who really are, and shine a spotlight on what
you really stands for.
4Don’t pay for impressions.
Make an impression.
Owned
Brand
Assets
4Don’t pay for impressions.
Make an impression.
Owned
Brand
Assets
The majority of ad budgets today go towards buying eyeballs. Brands want to get in
front of as many of their target audience as often as possible. But cult-like brands are
more interested in making an impression than buying impressions. For them there is
a demonstrable shift from paid media to owned media.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   65	
  
THEN NOW
Store	
  
Website	
  
Mobile	
   Video	
  
Social	
   Experien.al	
  	
  
Product/Service	
  
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   66	
  
THEN NOW
Store	
  
Website	
  
Mobile	
   Video	
  
Social	
   Experien.al	
  	
  
Product/Service	
  
The challenge is that the number of owned media assets has grown significantly. It
used to be pretty easy for marketers to manage their product, in-store presence or
their website. But now there are over a dozen potential owned media assets that
marketers not only have to build, but maintain as well.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   67	
  
THEN NOW
Store	
  
Website	
  
Mobile	
   Video	
  
Social	
   Experien.al	
  	
  
Product/Service	
  
It can be a daunting task. But in my opinion the juice is worth the squeeze. The
secret to success is not trying to do everything. Pick a few and do them really well.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   68	
  
THEN NOW
Store	
  
Website	
  
Mobile	
   Video	
  
Social	
   Experien.al	
  	
  
Product/Service	
  
In my experience, there are four that I would prioritize - Mobile, Video, Social, and
what I call Experiential (sometimes referred to as events or stunts). I’ll elaborate on
each.
Mobile
Mobile marketing is exploding. Smart phones are being adopted at an
unprecedented pace. 43 Americans just switched to a smart phone in the time it
took you to read this slide. By this time next year nearly half of the entire population
will be using smart phones.
Their adoption is huge, but so is their capability. Smart phones are going to be
bigger game changers for marketers than the TV or personal computer was. These
devices allow for all the multi-media capabilities of those other devices, such as
audio and video and dynamic content delivery, but better yet they are with us all the
time. That makes them the holy grail of marketing tools.
And luckily for marketers consumers are using their phones for research and
shopping like never before. In particular, phones are critical search tools for real time
information, so not only should our websites be mobile friendly, but we may even
start to see qualifying questions like, “Are you shopping right now?” so we can better
capitalize on people literally living in the moment. And our phones are becoming
portable cash registers because people aren’t just browsing but buying exclusively
through their mobile device.
Corporations are scrambling to keep up with consumer demand for mobile friendly
content. When Forbes asked corporate executives what technologies will have the
most revolutionary change on their business, the #1 answer was mobile applications.
So that begs the question: What should you be doing to capitalize on mobile apps?
In my opinion, three specific strategies seem to be emerging.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   74	
  
We’re Easy To Work With
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   75	
  
We’re Easy To Work With
First and foremost is practical apps that provide mobile friendly solutions that
improve operations or the customer experience. Walgreens knows that one of the
biggest customer pain points is dropping off a prescription and then waiting 15-30
minutes for it to be filled.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   76	
  
We’re Easy To Work With
So they leverage cameras on the smart phones to scan prescriptions and allow
customer to send in refill requests electronically so all they have to do is swing by
and pick it up. And if anyone has every been to Chipotle at lunch time, you know the
wait times can be a bit excessive because everything is made to order, so they built a
very user friendly app that lets people build their burrito online and then just swing by
and pick it up.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   77	
  
We Care As Much As You Do
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   78	
  
We Care As Much As You Do
The second mobile strategy that is very popular is to use smart phones to make your
brand more relevant by providing content that engenders loyalty and helps people
understand you care about their life and their lifestyle as much as they do.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   79	
  
We Care As Much As You Do
Pampers has a pregnancy app that helps expecting mothers understand what is
happening with her unborn child every step of the way. Pampers knows if they can
win over mom before the baby is even born, than they increase their odds of having
a customer for life.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   80	
  
We Care As Much As You Do
And lots of outdoor enthusiasts brands, like REI, or Oakley or North Face, have
different apps to mark hiking trails, or determine snow fall in the mountains, or find
the best ways to go surfing.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   81	
  
Have fun – Play With Me
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   82	
  
Have fun – Play With Me
Finally, people and brands like to have fun. In fact, more than half of the top 100
downloaded apps are games. And its not just teenage boys that like to play games.
One of the biggest gamer segments is "soccer moms".
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   83	
  
Have fun – Play With Me
So brands should create mobile experiences that are fun and create some buzz.
Coca-Cola does that with their ‘spin the bottle’ app, its simple and inexpensive and
speaks to the social aspect of their product. Ford at the most recent auto show had
an app that if you hold your phone or tablet up to a Ford logo, it launches a bunch of
virtual content, including a racing game.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   84	
  
Have fun – Play With Me
If you do something for fun, make sure you have proper expectations about what you
hope to get in return. What you’re really looking for getting people to give you
permission to be in their puruse or in their pocket. That can be a powerful thing.
Once you’re there you can build a relationship over time that his mutually beneficial.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   85	
  
Have fun – Play With Me
Recent research from Digby reveals that 3 out of the top 5 retailers’ mobile apps ask
for location-based services, and 4 out of the top 5 retailers’ mobile apps ask
permission to send push notifications. This means they now have the ability to know
who you are, where you are, and send you messages based on location and time of
day (a concept is known as location-based marketing).
Video
Video
Most people have seen K-Mart’s ‘Ship My Pants’ ad on YouTube. In just a couple
weeks, it received over 16MM views and has sparked a conversation about K-Mart
that is nothing short of remarkable.
Video
Consider that I’m here today talking with top marketing executives from across North
American discussing innovative marketing strategies and I’m using K-Mart as an
example. Their last big idea was in 1965 when they introduced the blue light special.
But they shocked the world with 30 seconds of dirty humour in a YouTube video and
got us all wondering if K-Mart is now cool.
The reality is YouTube is the biggest video content publisher in the universe, ever.
More video is uploaded to YouTube in a month than all the major networks have
produced in the last 60 years combined. Your customers are flocking to YouTube,
and other online video players like it, by the millions.
Also interesting to note is over half a million videos are uplaoded to Facebook each
day, about a third of which are low quality video shot from mobile devices. People
don’t care as much about the production quality. They’re more interested in recency
and having something cool to watch. Online video is quickly becoming consumers’
preferred means of digesting content.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   91	
  
	
  
Increase	
  business	
  calls	
  by	
  18%	
  
	
  
Increase	
  website	
  visits	
  by	
  55%	
  
	
  
Increase	
  physical	
  store	
  visits	
  by	
  30%	
  
	
  
Increase	
  incidence	
  of	
  purchase	
  by	
  24%	
  
	
  
Source:	
  PRWeb	
  (hXp://www.prweb.com/releases/2012/1/prweb9151852.htm	
  
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   92	
  
	
  
Increase	
  business	
  calls	
  by	
  18%	
  
	
  
Increase	
  website	
  visits	
  by	
  55%	
  
	
  
Increase	
  physical	
  store	
  visits	
  by	
  30%	
  
	
  
Increase	
  incidence	
  of	
  purchase	
  by	
  24%	
  
	
  
Source:	
  PRWeb	
  (hXp://www.prweb.com/releases/2012/1/prweb9151852.htm	
  
The net takeaway is that video is a big deal. It is compelling and motivating and
results in meaningful business results. In head to head comparisons of content with
and without video, PRWeb found that use of video… (see stats on this slide).
Brands need to figure out how to produce much more if it, far cheaper and faster
than they are doing today with their highly-produced TV commercials
Social
Social
Most people realize by now that social media has permanently changed consumer
behavior, but most brands are still struggling with figuring out what do in social
spaces.
Social
I think e-Marketer is onto something when their survey regarding how to improve
loyalty programs revealed that 64% of respondents said they want better social
media engagement. To me, Facebook isn’t a media outlet for buying banner ads.
Rather, it’s the 21st century’s version of a loyalty program.
Social
Instead of the plastic cards we all carry in our wallets to earn points when we shop,
loyalty programs of the future will leverage fans and friends in an online community
where membership has meaningful privileges.
But eMarketer’s survey also revealed something very interesting. On the left is a list of
things which marketers say are the most effective tactics happening within social
media. Stuff like blogs, whitepapers, video, etc.
On the right is a list of things marketers say are the most difficult to do, which
includes the exact same things – blogs, whitepapers, videos. Most businesses
haven’t invested sufficient resources to figure this out. We’re still too busy doing
traditional marketing instead of shifting more resources and freeing up bandwidth
and dollars to get good at learning new tricks of the trade.
And we need to have some patience. We can try one thing and declare it a success
or failure and move on. These are new muscles marketers are learning to flex and we
need time to let them develop.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   100	
  
Cultivator
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   101	
  
Cultivator
One of the things my agency has done to facilitate this learning curve for clients is
invest in social media management technology. We’ve partnered with Expion to
measure and enable social marketing campaigns across a variety of platforms.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   102	
  
Cultivator
This slide shows a quick snapshot of one of our dashboards where we are
benchmarking social media engagement within the fast food hamburger industry.
From this we not only see which brands are doing the most in the social space, but
we can also drill down and see which posts are most popular, which are responded
to our reposted, and then we can use that intelligence to inform our own content
strategies about what we should be talking about each day.
Experiential
“Stores	
  must	
  become	
  more	
  theatrical,	
  
more	
  immersive,	
  and	
  more	
  of	
  a	
  life	
  
experience	
  rather	
  than	
  simply	
  a	
  place	
  
to	
  get	
  something.	
  As	
  much	
  as	
  they	
  are	
  
selling	
  products	
  they	
  will	
  be	
  selling	
  a	
  
good	
  =me,	
  a	
  lifestyle.”	
  	
  
	
   	
   	
   	
   	
   	
  -­‐	
  Best	
  Retail	
  Brands	
  Report;	
  2013	
  
Experiential
“Stores	
  must	
  become	
  more	
  theatrical,	
  
more	
  immersive,	
  and	
  more	
  of	
  a	
  life	
  
experience	
  rather	
  than	
  simply	
  a	
  place	
  
to	
  get	
  something.	
  As	
  much	
  as	
  they	
  are	
  
selling	
  products	
  they	
  will	
  be	
  selling	
  a	
  
good	
  =me,	
  a	
  lifestyle.”	
  	
  
	
   	
   	
   	
   	
   	
  -­‐	
  Best	
  Retail	
  Brands	
  Report;	
  2013	
  
There is so much being written about and discussed regarding social media, let me
move on and discuss one last area that I don’t think get as much love and attention
as it should by brand. I refer to this area as Experiential, meaning how do we create
better branded experiences beyond just using our products?
Experiential
“Stores	
  must	
  become	
  more	
  theatrical,	
  
more	
  immersive,	
  and	
  more	
  of	
  a	
  life	
  
experience	
  rather	
  than	
  simply	
  a	
  place	
  
to	
  get	
  something.	
  As	
  much	
  as	
  they	
  are	
  
selling	
  products	
  they	
  will	
  be	
  selling	
  a	
  
good	
  =me,	
  a	
  lifestyle.”	
  	
  
	
   	
   	
   	
   	
   	
  -­‐	
  Best	
  Retail	
  Brands	
  Report;	
  2013	
  For the past several years the idea of re-inventing retail spaces has been very
popular. As stores complete more and more with online shopping, the consensus
seems to be to make the store shopping experience more experiential.
Experiential
“Stores	
  must	
  become	
  more	
  theatrical,	
  
more	
  immersive,	
  and	
  more	
  of	
  a	
  life	
  
experience	
  rather	
  than	
  simply	
  a	
  place	
  
to	
  get	
  something.	
  As	
  much	
  as	
  they	
  are	
  
selling	
  products	
  they	
  will	
  be	
  selling	
  a	
  
good	
  =me,	
  a	
  lifestyle.”	
  	
  
	
   	
   	
   	
   	
   	
  -­‐	
  Best	
  Retail	
  Brands	
  Report;	
  2013	
  
The new news here is that it’s not just your store environment, it’s your entire
marketing mix. People want more show and less tell.
•  8MM	
  concurrent	
  views	
  on	
  
YouTube	
  (most	
  ever)	
  
•  Shared	
  700k	
  .mes	
  in	
  first	
  3	
  
hours	
  
•  40	
  TV	
  sta.ons	
  and	
  130	
  digital	
  
outlets	
  picked	
  up	
  the	
  footage	
  
•  50%	
  of	
  trending	
  topics	
  on	
  
TwiXer	
  were	
  about	
  the	
  stunt	
  	
  
•  82%	
  of	
  social	
  conversa.ons	
  
about	
  Red	
  Bull	
  were	
  posi.ve	
  
•  2MM	
  new	
  Red	
  Bull	
  email	
  
subscribers	
  
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   107	
  
Red Bull Gives You Wings
(Literally)
•  8MM	
  concurrent	
  views	
  on	
  
YouTube	
  (most	
  ever)	
  
•  Shared	
  700k	
  .mes	
  in	
  first	
  3	
  
hours	
  
•  40	
  TV	
  sta.ons	
  and	
  130	
  digital	
  
outlets	
  picked	
  up	
  the	
  footage	
  
•  50%	
  of	
  trending	
  topics	
  on	
  
TwiXer	
  were	
  about	
  the	
  stunt	
  	
  
•  82%	
  of	
  social	
  conversa.ons	
  
about	
  Red	
  Bull	
  were	
  posi.ve	
  
•  2MM	
  new	
  Red	
  Bull	
  email	
  
subscribers	
  
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   108	
  
Red Bull Gives You Wings
(Literally)
Nobody has done this better in recent memory than Red Bull. When they sent Felix
Baumgartner into space in October of last year, they executed what I believe to be a
flawless experiential brand campaign.
•  8MM	
  concurrent	
  views	
  on	
  
YouTube	
  (most	
  ever)	
  
•  Shared	
  700k	
  .mes	
  in	
  first	
  3	
  
hours	
  
•  40	
  TV	
  sta.ons	
  and	
  130	
  digital	
  
outlets	
  picked	
  up	
  the	
  footage	
  
•  50%	
  of	
  trending	
  topics	
  on	
  
TwiXer	
  were	
  about	
  the	
  stunt	
  	
  
•  82%	
  of	
  social	
  conversa.ons	
  
about	
  Red	
  Bull	
  were	
  posi.ve	
  
•  2MM	
  new	
  Red	
  Bull	
  email	
  
subscribers	
  
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   109	
  
Red Bull Gives You Wings
(Literally)
This stunt was perfectly aligned with Red Bull’s brand of extreme energy. It was
properly executed and marketed, receiving the most ever concurrent YouTube views
and picked up by dozens of large media networks for free. And they leveraged the
stunt to capture customer data, adding over 2MM new email subscribers and
millions of new Facebook followers.
•  8MM	
  concurrent	
  views	
  on	
  
YouTube	
  (most	
  ever)	
  
•  Shared	
  700k	
  .mes	
  in	
  first	
  3	
  
hours	
  
•  40	
  TV	
  sta.ons	
  and	
  130	
  digital	
  
outlets	
  picked	
  up	
  the	
  footage	
  
•  50%	
  of	
  trending	
  topics	
  on	
  
TwiXer	
  were	
  about	
  the	
  stunt	
  	
  
•  82%	
  of	
  social	
  conversa.ons	
  
about	
  Red	
  Bull	
  were	
  posi.ve	
  
•  2MM	
  new	
  Red	
  Bull	
  email	
  
subscribers	
  
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   110	
  
Red Bull Gives You Wings
(Literally)
I couldn't find out how much Red Bull spent on this stunt, but I’m sure it was far less
expensive than producing some commercial spots and buying media that would
have delivered over 20MM eyeballs like this stunt did.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   111	
  
If you’re going to do a stunt, there are three things you need to do to help it be
successful.
First, it must align perfectly with your brand. Make it very authentic and brand
relevant. 3MM did that well when they used their super glue to hold up a giant truck
in the middle of their parking lot. KFC’s attempt to have a manmade ad visible from
space was nothing to do with chicken.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   112	
  
Secondly, good stunts most often requires some paid media and PR to support it.
Jell-o’s pudding drop after the Superbowl didn’t just happen in San Francisco, it was
supported by a TV commercial that aired following the game. And remember that
while everyone likes to think of Old Spice’s Smells like a man as a viral video
success, it was supported by millions of dollars of cinema and TV advertising as well.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   113	
  
Finally, I’m not sure if you’re one of the 44 million people who have viewed this video
from TNT, but it was pretty awesome. What made the difference of it being a super
cool idea executed in a small Belguim town to being a Youtube sensation was how
well it was recorded and edited so it could be shared with the rest of the world. I
strongly suggest including a good videographer and editor in all your stunts and
events so they can be easily shared with others.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   114	
  
We’ve had over 50 years to figure out how mass advertising works – the rules and
regulations as well as people’s attitudes about what’s appropriate and what’s not.
For the most part, with these new owned media assets like mobile, social, video and
events, we’re still living in the wild west. Which means there are some inherent risks
involved. If a multi-million dollar TV campaign doesn’t work as well as you’d hope, it’s
regrettable, but largely private and stays within the company. But when you screw up
in the digital space, bad things can happen….
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   115	
  
2 Arrests, 1 Resignation, $2MM Fine
Like when Adult Swim thought it would be a good idea to launch their new ‘Aqua
Teen Hunger Force Movie by hiding brite LED displays of their main robot
throughout Boston a couple years ago. That resulted in a bomb scare, as well as 2
arrests, the CEO resigned, and the company got a $2MM fine.
©	
  2013	
  Cult	
  Collec.ve	
  Ltd.	
   116	
  
2 Arrests, 1 Resignation, $2MM Fine
We can’t let some bad examples deter our enthusiasm. But we have to have realistic
expectations about what’s possible. And we must encourage experimentation as we
challenge status quo. Because if we stay the same, we’ll wake up one day soon and
realize the rest of the world has passed us by.
 	
  

Más contenido relacionado

La actualidad más candente

Steal this Idea: Brand Extension
Steal this Idea: Brand ExtensionSteal this Idea: Brand Extension
Steal this Idea: Brand ExtensionLiquid Agency
 
Smart Marketing | Business Buddy
Smart Marketing  | Business BuddySmart Marketing  | Business Buddy
Smart Marketing | Business BuddyBusiness Buddy
 
Raymark | Guide: Loyalty and the Luxury Consumer
Raymark | Guide: Loyalty and the Luxury ConsumerRaymark | Guide: Loyalty and the Luxury Consumer
Raymark | Guide: Loyalty and the Luxury ConsumerRaymark
 
Making Sense - The Impact of Senses on Shopping and other articles
Making Sense - The Impact of Senses on Shopping and other articlesMaking Sense - The Impact of Senses on Shopping and other articles
Making Sense - The Impact of Senses on Shopping and other articlesXPotential
 
5 Factors for Engaging and Building Brand Loyalty With Millennial Consumers
5 Factors for Engaging and Building Brand Loyalty With Millennial Consumers5 Factors for Engaging and Building Brand Loyalty With Millennial Consumers
5 Factors for Engaging and Building Brand Loyalty With Millennial ConsumersCult Collective
 
Business Transformation Through Greater Customer Centricity : The Power of S...
Business Transformation Through Greater Customer Centricity: The Power of S...Business Transformation Through Greater Customer Centricity: The Power of S...
Business Transformation Through Greater Customer Centricity : The Power of S...Erich Joachimsthaler, Ph.D.
 
Rodmell M Powered Era
Rodmell M Powered EraRodmell M Powered Era
Rodmell M Powered Eraprodmell
 
The Future of Selling - white paper
The Future of Selling - white paperThe Future of Selling - white paper
The Future of Selling - white paperOgilvy
 
A New Perspective on Millennials: Segmenting a Generation for Actionable Insi...
A New Perspective on Millennials: Segmenting a Generation for Actionable Insi...A New Perspective on Millennials: Segmenting a Generation for Actionable Insi...
A New Perspective on Millennials: Segmenting a Generation for Actionable Insi...Interbrand Design Forum
 
"From eCommerce to Multi-Channel to Omni-channel: the retail journey in the H...
"From eCommerce to Multi-Channel to Omni-channel: the retail journey in the H..."From eCommerce to Multi-Channel to Omni-channel: the retail journey in the H...
"From eCommerce to Multi-Channel to Omni-channel: the retail journey in the H...NeilMunzJones
 
T3_UsefulBrand_Report
T3_UsefulBrand_ReportT3_UsefulBrand_Report
T3_UsefulBrand_ReportJames Lanyon
 
Traackr State of Influence Fashion 2020
Traackr State of Influence Fashion 2020Traackr State of Influence Fashion 2020
Traackr State of Influence Fashion 2020Harsha MV
 
Marketing management of itc hotels
Marketing management of itc hotelsMarketing management of itc hotels
Marketing management of itc hotelsAbhishek Jindal
 
Retail Innovation - Ruth Harrison, ThoughtWorks
Retail Innovation - Ruth Harrison, ThoughtWorksRetail Innovation - Ruth Harrison, ThoughtWorks
Retail Innovation - Ruth Harrison, ThoughtWorksThoughtworks
 
Brand Cross-Cultural Index report dec 2013
Brand Cross-Cultural Index report dec 2013Brand Cross-Cultural Index report dec 2013
Brand Cross-Cultural Index report dec 2013Ogilvy
 

La actualidad más candente (20)

Steal this Idea: Brand Extension
Steal this Idea: Brand ExtensionSteal this Idea: Brand Extension
Steal this Idea: Brand Extension
 
Smart Marketing | Business Buddy
Smart Marketing  | Business BuddySmart Marketing  | Business Buddy
Smart Marketing | Business Buddy
 
Raymark | Guide: Loyalty and the Luxury Consumer
Raymark | Guide: Loyalty and the Luxury ConsumerRaymark | Guide: Loyalty and the Luxury Consumer
Raymark | Guide: Loyalty and the Luxury Consumer
 
Making Sense - The Impact of Senses on Shopping and other articles
Making Sense - The Impact of Senses on Shopping and other articlesMaking Sense - The Impact of Senses on Shopping and other articles
Making Sense - The Impact of Senses on Shopping and other articles
 
5 Factors for Engaging and Building Brand Loyalty With Millennial Consumers
5 Factors for Engaging and Building Brand Loyalty With Millennial Consumers5 Factors for Engaging and Building Brand Loyalty With Millennial Consumers
5 Factors for Engaging and Building Brand Loyalty With Millennial Consumers
 
Business Transformation Through Greater Customer Centricity : The Power of S...
Business Transformation Through Greater Customer Centricity: The Power of S...Business Transformation Through Greater Customer Centricity: The Power of S...
Business Transformation Through Greater Customer Centricity : The Power of S...
 
Rodmell M Powered Era
Rodmell M Powered EraRodmell M Powered Era
Rodmell M Powered Era
 
Branding Project
Branding ProjectBranding Project
Branding Project
 
The Future of Selling - white paper
The Future of Selling - white paperThe Future of Selling - white paper
The Future of Selling - white paper
 
A New Perspective on Millennials: Segmenting a Generation for Actionable Insi...
A New Perspective on Millennials: Segmenting a Generation for Actionable Insi...A New Perspective on Millennials: Segmenting a Generation for Actionable Insi...
A New Perspective on Millennials: Segmenting a Generation for Actionable Insi...
 
"From eCommerce to Multi-Channel to Omni-channel: the retail journey in the H...
"From eCommerce to Multi-Channel to Omni-channel: the retail journey in the H..."From eCommerce to Multi-Channel to Omni-channel: the retail journey in the H...
"From eCommerce to Multi-Channel to Omni-channel: the retail journey in the H...
 
T3_UsefulBrand_Report
T3_UsefulBrand_ReportT3_UsefulBrand_Report
T3_UsefulBrand_Report
 
website2
website2website2
website2
 
UB-Retail-PDF
UB-Retail-PDFUB-Retail-PDF
UB-Retail-PDF
 
Traackr State of Influence Fashion 2020
Traackr State of Influence Fashion 2020Traackr State of Influence Fashion 2020
Traackr State of Influence Fashion 2020
 
Marketing management of itc hotels
Marketing management of itc hotelsMarketing management of itc hotels
Marketing management of itc hotels
 
Brand.i_July2013
Brand.i_July2013Brand.i_July2013
Brand.i_July2013
 
Retail Innovation - Ruth Harrison, ThoughtWorks
Retail Innovation - Ruth Harrison, ThoughtWorksRetail Innovation - Ruth Harrison, ThoughtWorks
Retail Innovation - Ruth Harrison, ThoughtWorks
 
Ideations Newsletter- Issue 1, 2012
Ideations Newsletter- Issue 1, 2012Ideations Newsletter- Issue 1, 2012
Ideations Newsletter- Issue 1, 2012
 
Brand Cross-Cultural Index report dec 2013
Brand Cross-Cultural Index report dec 2013Brand Cross-Cultural Index report dec 2013
Brand Cross-Cultural Index report dec 2013
 

Similar a Understanding the New Customer Journey

Digital vs. Traditional Marketing The Debate that Shouldn’t E.docx
Digital vs. Traditional Marketing The Debate that Shouldn’t E.docxDigital vs. Traditional Marketing The Debate that Shouldn’t E.docx
Digital vs. Traditional Marketing The Debate that Shouldn’t E.docxlynettearnold46882
 
The Brand in the Boardroom by Joanna Seddon
 The Brand in the Boardroom by Joanna Seddon  The Brand in the Boardroom by Joanna Seddon
The Brand in the Boardroom by Joanna Seddon NOEMÍ MEDINA
 
10 Actions To Help Ensure Your Business Succeeds | BBH Stockholm
10 Actions To Help Ensure Your Business Succeeds | BBH Stockholm10 Actions To Help Ensure Your Business Succeeds | BBH Stockholm
10 Actions To Help Ensure Your Business Succeeds | BBH StockholmAlexander Niléhn
 
A Matter of Choice: How B2B Buyers Choose in Today’s Complex Markets
A Matter of Choice: How B2B Buyers Choose in Today’s Complex MarketsA Matter of Choice: How B2B Buyers Choose in Today’s Complex Markets
A Matter of Choice: How B2B Buyers Choose in Today’s Complex MarketsCintell
 
The Brand in the Boardroom: Making the case for investment in brand by Joanna...
The Brand in the Boardroom: Making the case for investment in brand by Joanna...The Brand in the Boardroom: Making the case for investment in brand by Joanna...
The Brand in the Boardroom: Making the case for investment in brand by Joanna...Ogilvy
 
Trade Marketing White Paper_V4-HP-Case-study
Trade Marketing White Paper_V4-HP-Case-studyTrade Marketing White Paper_V4-HP-Case-study
Trade Marketing White Paper_V4-HP-Case-studyRenita Bakshi
 
Agency disruption and evolving new business models
Agency disruption and evolving new business modelsAgency disruption and evolving new business models
Agency disruption and evolving new business modelsTHE MAIN
 
The consumer decision journey
The consumer decision journeyThe consumer decision journey
The consumer decision journeyQuynh LE
 
Customer Experience and B2B Sales
Customer Experience and B2B SalesCustomer Experience and B2B Sales
Customer Experience and B2B SalesDavid Batup
 
Winning in the Relationship Era - A New Model for Marketing Success
Winning in the Relationship Era - A New Model for Marketing SuccessWinning in the Relationship Era - A New Model for Marketing Success
Winning in the Relationship Era - A New Model for Marketing SuccessEye For Pharma Events
 
Customer Satisfaction Guaranteed
Customer Satisfaction GuaranteedCustomer Satisfaction Guaranteed
Customer Satisfaction GuaranteedLisa Muller
 
Crossing the Chasm - Social Selling
Crossing the Chasm - Social SellingCrossing the Chasm - Social Selling
Crossing the Chasm - Social SellingJon Schwartz
 
Pipeliner Manifesto – Introduction
Pipeliner Manifesto – IntroductionPipeliner Manifesto – Introduction
Pipeliner Manifesto – IntroductionPipeliner CRM
 
C2B - "Consumer to Business" The Next Internet Reveloution.
C2B - "Consumer to Business" The Next Internet Reveloution. C2B - "Consumer to Business" The Next Internet Reveloution.
C2B - "Consumer to Business" The Next Internet Reveloution. Matt Crowe
 

Similar a Understanding the New Customer Journey (20)

Stories that scale
Stories that scaleStories that scale
Stories that scale
 
Digital vs. Traditional Marketing The Debate that Shouldn’t E.docx
Digital vs. Traditional Marketing The Debate that Shouldn’t E.docxDigital vs. Traditional Marketing The Debate that Shouldn’t E.docx
Digital vs. Traditional Marketing The Debate that Shouldn’t E.docx
 
Owned First
Owned FirstOwned First
Owned First
 
Owned First
Owned First Owned First
Owned First
 
The Brand in the Boardroom by Joanna Seddon
 The Brand in the Boardroom by Joanna Seddon  The Brand in the Boardroom by Joanna Seddon
The Brand in the Boardroom by Joanna Seddon
 
10 Actions To Help Ensure Your Business Succeeds | BBH Stockholm
10 Actions To Help Ensure Your Business Succeeds | BBH Stockholm10 Actions To Help Ensure Your Business Succeeds | BBH Stockholm
10 Actions To Help Ensure Your Business Succeeds | BBH Stockholm
 
Retail industry
Retail industryRetail industry
Retail industry
 
A Matter of Choice: How B2B Buyers Choose in Today’s Complex Markets
A Matter of Choice: How B2B Buyers Choose in Today’s Complex MarketsA Matter of Choice: How B2B Buyers Choose in Today’s Complex Markets
A Matter of Choice: How B2B Buyers Choose in Today’s Complex Markets
 
The Brand in the Boardroom: Making the case for investment in brand by Joanna...
The Brand in the Boardroom: Making the case for investment in brand by Joanna...The Brand in the Boardroom: Making the case for investment in brand by Joanna...
The Brand in the Boardroom: Making the case for investment in brand by Joanna...
 
Trade Marketing White Paper_V4-HP-Case-study
Trade Marketing White Paper_V4-HP-Case-studyTrade Marketing White Paper_V4-HP-Case-study
Trade Marketing White Paper_V4-HP-Case-study
 
Agency disruption and evolving new business models
Agency disruption and evolving new business modelsAgency disruption and evolving new business models
Agency disruption and evolving new business models
 
The consumer decision journey
The consumer decision journeyThe consumer decision journey
The consumer decision journey
 
Nice to meet you
Nice to meet youNice to meet you
Nice to meet you
 
Customer Experience and B2B Sales
Customer Experience and B2B SalesCustomer Experience and B2B Sales
Customer Experience and B2B Sales
 
Winning in the Relationship Era - A New Model for Marketing Success
Winning in the Relationship Era - A New Model for Marketing SuccessWinning in the Relationship Era - A New Model for Marketing Success
Winning in the Relationship Era - A New Model for Marketing Success
 
Customer Satisfaction Guaranteed
Customer Satisfaction GuaranteedCustomer Satisfaction Guaranteed
Customer Satisfaction Guaranteed
 
Crossing the Chasm - Social Selling
Crossing the Chasm - Social SellingCrossing the Chasm - Social Selling
Crossing the Chasm - Social Selling
 
Pipeliner Manifesto – Introduction
Pipeliner Manifesto – IntroductionPipeliner Manifesto – Introduction
Pipeliner Manifesto – Introduction
 
C2B - "Consumer to Business" The Next Internet Reveloution.
C2B - "Consumer to Business" The Next Internet Reveloution. C2B - "Consumer to Business" The Next Internet Reveloution.
C2B - "Consumer to Business" The Next Internet Reveloution.
 
Case analysis
Case analysis Case analysis
Case analysis
 

Último

WSMM Technology February.March Newsletter_vF.pdf
WSMM Technology February.March Newsletter_vF.pdfWSMM Technology February.March Newsletter_vF.pdf
WSMM Technology February.March Newsletter_vF.pdfJamesConcepcion7
 
How to Conduct a Service Gap Analysis for Your Business
How to Conduct a Service Gap Analysis for Your BusinessHow to Conduct a Service Gap Analysis for Your Business
How to Conduct a Service Gap Analysis for Your BusinessHelp Desk Migration
 
Psychic Reading | Spiritual Guidance – Astro Ganesh Ji
Psychic Reading | Spiritual Guidance – Astro Ganesh JiPsychic Reading | Spiritual Guidance – Astro Ganesh Ji
Psychic Reading | Spiritual Guidance – Astro Ganesh Jiastral oracle
 
5-Step Framework to Convert Any Business into a Wealth Generation Machine.pdf
5-Step Framework to Convert Any Business into a Wealth Generation Machine.pdf5-Step Framework to Convert Any Business into a Wealth Generation Machine.pdf
5-Step Framework to Convert Any Business into a Wealth Generation Machine.pdfSherl Simon
 
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdfChris Skinner
 
Introducing the Analogic framework for business planning applications
Introducing the Analogic framework for business planning applicationsIntroducing the Analogic framework for business planning applications
Introducing the Analogic framework for business planning applicationsKnowledgeSeed
 
Technical Leaders - Working with the Management Team
Technical Leaders - Working with the Management TeamTechnical Leaders - Working with the Management Team
Technical Leaders - Working with the Management TeamArik Fletcher
 
Introducing the AI ShillText Generator A New Era for Cryptocurrency Marketing...
Introducing the AI ShillText Generator A New Era for Cryptocurrency Marketing...Introducing the AI ShillText Generator A New Era for Cryptocurrency Marketing...
Introducing the AI ShillText Generator A New Era for Cryptocurrency Marketing...PRnews2
 
Entrepreneurial ecosystem- Wider context
Entrepreneurial ecosystem- Wider contextEntrepreneurial ecosystem- Wider context
Entrepreneurial ecosystem- Wider contextP&CO
 
14680-51-4.pdf Good quality CAS Good quality CAS
14680-51-4.pdf  Good  quality CAS Good  quality CAS14680-51-4.pdf  Good  quality CAS Good  quality CAS
14680-51-4.pdf Good quality CAS Good quality CAScathy664059
 
MEP Plans in Construction of Building and Industrial Projects 2024
MEP Plans in Construction of Building and Industrial Projects 2024MEP Plans in Construction of Building and Industrial Projects 2024
MEP Plans in Construction of Building and Industrial Projects 2024Chandresh Chudasama
 
How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...
How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...
How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...SOFTTECHHUB
 
Unveiling the Soundscape Music for Psychedelic Experiences
Unveiling the Soundscape Music for Psychedelic ExperiencesUnveiling the Soundscape Music for Psychedelic Experiences
Unveiling the Soundscape Music for Psychedelic ExperiencesDoe Paoro
 
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdftrending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdfMintel Group
 
GUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdf
GUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdfGUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdf
GUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdfDanny Diep To
 
Healthcare Feb. & Mar. Healthcare Newsletter
Healthcare Feb. & Mar. Healthcare NewsletterHealthcare Feb. & Mar. Healthcare Newsletter
Healthcare Feb. & Mar. Healthcare NewsletterJamesConcepcion7
 
71368-80-4.pdf Fast delivery good quality
71368-80-4.pdf Fast delivery  good quality71368-80-4.pdf Fast delivery  good quality
71368-80-4.pdf Fast delivery good qualitycathy664059
 

Último (20)

WSMM Technology February.March Newsletter_vF.pdf
WSMM Technology February.March Newsletter_vF.pdfWSMM Technology February.March Newsletter_vF.pdf
WSMM Technology February.March Newsletter_vF.pdf
 
How to Conduct a Service Gap Analysis for Your Business
How to Conduct a Service Gap Analysis for Your BusinessHow to Conduct a Service Gap Analysis for Your Business
How to Conduct a Service Gap Analysis for Your Business
 
Psychic Reading | Spiritual Guidance – Astro Ganesh Ji
Psychic Reading | Spiritual Guidance – Astro Ganesh JiPsychic Reading | Spiritual Guidance – Astro Ganesh Ji
Psychic Reading | Spiritual Guidance – Astro Ganesh Ji
 
WAM Corporate Presentation April 12 2024.pdf
WAM Corporate Presentation April 12 2024.pdfWAM Corporate Presentation April 12 2024.pdf
WAM Corporate Presentation April 12 2024.pdf
 
5-Step Framework to Convert Any Business into a Wealth Generation Machine.pdf
5-Step Framework to Convert Any Business into a Wealth Generation Machine.pdf5-Step Framework to Convert Any Business into a Wealth Generation Machine.pdf
5-Step Framework to Convert Any Business into a Wealth Generation Machine.pdf
 
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
 
Introducing the Analogic framework for business planning applications
Introducing the Analogic framework for business planning applicationsIntroducing the Analogic framework for business planning applications
Introducing the Analogic framework for business planning applications
 
Technical Leaders - Working with the Management Team
Technical Leaders - Working with the Management TeamTechnical Leaders - Working with the Management Team
Technical Leaders - Working with the Management Team
 
Authentically Social - presented by Corey Perlman
Authentically Social - presented by Corey PerlmanAuthentically Social - presented by Corey Perlman
Authentically Social - presented by Corey Perlman
 
Introducing the AI ShillText Generator A New Era for Cryptocurrency Marketing...
Introducing the AI ShillText Generator A New Era for Cryptocurrency Marketing...Introducing the AI ShillText Generator A New Era for Cryptocurrency Marketing...
Introducing the AI ShillText Generator A New Era for Cryptocurrency Marketing...
 
Toyota and Seven Parts Storage Techniques
Toyota and Seven Parts Storage TechniquesToyota and Seven Parts Storage Techniques
Toyota and Seven Parts Storage Techniques
 
Entrepreneurial ecosystem- Wider context
Entrepreneurial ecosystem- Wider contextEntrepreneurial ecosystem- Wider context
Entrepreneurial ecosystem- Wider context
 
14680-51-4.pdf Good quality CAS Good quality CAS
14680-51-4.pdf  Good  quality CAS Good  quality CAS14680-51-4.pdf  Good  quality CAS Good  quality CAS
14680-51-4.pdf Good quality CAS Good quality CAS
 
MEP Plans in Construction of Building and Industrial Projects 2024
MEP Plans in Construction of Building and Industrial Projects 2024MEP Plans in Construction of Building and Industrial Projects 2024
MEP Plans in Construction of Building and Industrial Projects 2024
 
How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...
How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...
How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...
 
Unveiling the Soundscape Music for Psychedelic Experiences
Unveiling the Soundscape Music for Psychedelic ExperiencesUnveiling the Soundscape Music for Psychedelic Experiences
Unveiling the Soundscape Music for Psychedelic Experiences
 
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdftrending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
 
GUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdf
GUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdfGUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdf
GUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdf
 
Healthcare Feb. & Mar. Healthcare Newsletter
Healthcare Feb. & Mar. Healthcare NewsletterHealthcare Feb. & Mar. Healthcare Newsletter
Healthcare Feb. & Mar. Healthcare Newsletter
 
71368-80-4.pdf Fast delivery good quality
71368-80-4.pdf Fast delivery  good quality71368-80-4.pdf Fast delivery  good quality
71368-80-4.pdf Fast delivery good quality
 

Understanding the New Customer Journey

  • 1. ENLIGHTENMENT SERIES Understanding the New Customer Journey How leading brands are creating fanatical followings and ludicrous loyalty. Chris Kneeland CEO, Cult Collective
  • 2. Chris Kneeland CEO, Cult Collective chris@cult.ca @CultIdeas I graduated with Master’s degree in marketing communications from Northwestern University and worked client-side at John Deere and The Home Depot prior to selling my soul to join an ad agency (Rapp) in Dallas, Texas. In 2010, I moved to Calgary to run Watermark Advertising Design. Then, in September 2012, I resigned to join a Cult.
  • 3. Paradigm Shift A paradigm shift is a fundamental change in our assumptions. Imagine the impact on society when people learned that their fundamental belief about the planet they lived on was wrong.
  • 4. Paradigm Shift This paradigm shift destroyed the notion that the earth was flat and sent a shock wave across a host of institutions that resulted in many exciting endeavours that led to the discovery of new lands, new people and new fortunes.
  • 5. Paradigm Shift There is another common paradigm that most marketers believe that is equally as false as the world being flat.
  • 6. ©  2013  Cult  Collec.ve  Ltd.   7   There is growing consensus among marketing strategists that this popular marketing paradigm – most often referred to as the purchase funnel or buying cycle – is flawed.
  • 7. ©  2013  Cult  Collec.ve  Ltd.   8   Consider that this marketing theory was first published in 1898. And the last major refinement to it was in 1924. It hasn’t been improved upon much since, despite all the advances in technology and media and demographics and the global economy.
  • 8. ©  2013  Cult  Collec.ve  Ltd.   9   Most Corporate executives– especially those with marketing degrees – are taught to believe this so-called truth. But we’re now faced with a new marketing paradigm. Despite a ton of evidence to prove its validity, companies are filled with a lot of old dogs with little interest in learning new tricks.
  • 9. ©  2013  Cult  Collec.ve  Ltd.   10   Some marketing leaders are too risk averse. Others are in denial. Others are just too complacent and uninterested in championing change.
  • 10. ©  2013  Cult  Collec.ve  Ltd.   11   Leadership at Blockbuster Video failed to comprehend the disruptive impact that alternative business models and different types of marketing would have on their business. They believed their #1 enemy was Hollywood Video, and they used very traditional marketing strategies to combat them. They should have been more worried about their outdated marketing practices.
  • 11. ©  2013  Cult  Collec.ve  Ltd.   12   By contrast, in 2009 when Starbucks was getting clobbered by the recession, the CMO literally threw his annual marketing plan against the wall and insisted they rethink everything and build a plan from scratch that capitalizes on the new realities of the 21st century consumer and marketplace.
  • 12. ©  2013  Cult  Collec.ve  Ltd.   13   I am going to share with you some core principles that, if properly applied, should radically change what you do on a daily basis as sales and marketing professionals.
  • 13. ©  2013  Cult  Collec.ve  Ltd.   14   I am going to share with you some core principles that, if properly applied, should radically change what you do on a daily basis as sales and marketing professionals.
  • 14. 1Advertising has one goal: Reach consumers when they can most influence their decisions. 4 Moments That Matter
  • 15. 1Advertising has one goal: Reach consumers when they can most influence their decisions. 4 Moments That Matter Here is the first truth: There are really only 4 moments that really matter.
  • 16. 1Advertising has one goal: Reach consumers when they can most influence their decisions. 4 Moments That Matter Instead of the 7 steps outlined in the traditional purchase funnel, a team of Harvard researchers have confirmed we should divert all our energy to 4 critical tasks.
  • 17. ©  2013  Cult  Collec.ve  Ltd.   18   Summarize  the  HBR  ar.cle  about  the  purchase   funnel  
  • 18. ©  2013  Cult  Collec.ve  Ltd.   19   Summarize  the  HBR  ar.cle  about  the  purchase   funnel   In 2009, these researchers studied 20,000 consumers across three different countries shopping for five different categories – cars, electronics, cosmetics, insurance, and telephone services. They then diagramed their findings into this new framework.
  • 19. ©  2013  Cult  Collec.ve  Ltd.   20   Summarize  the  HBR  ar.cle  about  the  purchase   funnel   First, the consumer considers an initial set of options, based on brand perceptions and exposure to recent stimuli and touch points. We most often refer to this stage as awareness, and mass advertising remains a viable option for brands that want to always be top of mind.
  • 20. ©  2013  Cult  Collec.ve  Ltd.   21   Summarize  the  HBR  ar.cle  about  the  purchase   funnel   But the new news here is that far fewer brands are considered than initially believed. This idea was explained in a book by Barry Schwartz called the Paradox of Choice. Given the proliferation and commoditization of products and services, we actually want to consider fewer, not more, options at the onset of our buying behaviour.
  • 21. ©  2013  Cult  Collec.ve  Ltd.   22   Summarize  the  HBR  ar.cle  about  the  purchase   funnel   The second new idea introduced here is that of recency. Gone are the days of seeing a commercial months ago, or getting something in the mail weeks ago, or seeing a banner ad days ago and us remembering it. We’re now bombarded with over 2,000 marketing stimuli a day and we can’t process it all. So we don’t retain information like we used to.
  • 22. ©  2013  Cult  Collec.ve  Ltd.   23   Summarize  the  HBR  ar.cle  about  the  purchase   funnel   Only once a person is ‘in market’ to buy something should we turn our messaging on. Everything else is waste. But that is easier said than done. It’s also why Google is now one of the most profitable companies on the planet. They excel at identifying buyers when they are ready to buy.
  • 23. ©  2013  Cult  Collec.ve  Ltd.   24   Summarize  the  HBR  ar.cle  about  the  purchase   funnel   But there are other ways to go about this. I worked with Select Comfort, makers of the Sleep Number® bed, trying to identify when people are bed shopping. Most mattress competitors simply bombard the air waves and weekly newspapers with ads hoping that someone listening was in the market for a bed, but Select Comfort got really smart leveraging data to identify purchasing triggers like someone is moving, or getting married, or getting divorced, or pregnant, or suffering from back pain, etc.
  • 24. ©  2013  Cult  Collec.ve  Ltd.   25   Summarize  the  HBR  ar.cle  about  the  purchase   funnel   The second component of the new purchase pathway is a concept totally counter to the original paradigm. It states that consumers add and subtract brand as they evaluate what they want.
  • 25. ©  2013  Cult  Collec.ve  Ltd.   26   Summarize  the  HBR  ar.cle  about  the  purchase   funnel   They discovered that as we enter into consideration mode, we actually add contenders instead of narrow them down. So the whole visual metaphor of a funnel that starts wide and grows more narrow is completely false.
  • 26. ©  2013  Cult  Collec.ve  Ltd.   27   Summarize  the  HBR  ar.cle  about  the  purchase   funnel   For example, they learned that with cars we start by considering on average 2-3 models, and by the end of the evaluation phase we end up with over 6 possible makes or models that we’re seriously evaluating.
  • 27. ©  2013  Cult  Collec.ve  Ltd.   28   Summarize  the  HBR  ar.cle  about  the  purchase   funnel   Also, given the amount and type of information now available to us, we tend to re- consider what we thought was most important. So, for example, we might have begun the process by thinking all we wanted a simple 4-door mid priced sedan, but as we do our research we start to consider other things that become really important, like warranty, financing, or safety rating, or resell value, or fuel economy. This new reality has birthed a whole new marketing discipline most often called Inbound Marketing which we’ll talk more about in a minute.
  • 28. ©  2013  Cult  Collec.ve  Ltd.   29   Summarize  the  HBR  ar.cle  about  the  purchase   funnel   Stage 3 of the purchase pathway has changed the least, because at some point we all have to buy something. But the way we pay, and how we buy, has certainly evolved over the years. Perhaps the most dramatic difference is the fact that in the old model people believed that consumers made up our minds during the consideration phase and the act of shopping was mostly transactional so we could pick up the items we want.
  • 29. ©  2013  Cult  Collec.ve  Ltd.   30   Summarize  the  HBR  ar.cle  about  the  purchase   funnel   But researchers now say anywhere from 30-50% of our purchase decisions are made at the point of sale. That means we didn’t really come to any decisive conclusions during the Evaluation phase and opt instead to just go to the store and make a decision on the spot.
  • 30. ©  2013  Cult  Collec.ve  Ltd.   31   Summarize  the  HBR  ar.cle  about  the  purchase   funnel   This knowledge makes point of sale material and merchandising and customer service and sales training as vital as the billions we spend on TV and print ads to get people into the store in the first place.
  • 31. ©  2013  Cult  Collec.ve  Ltd.   32   Summarize  the  HBR  ar.cle  about  the  purchase   funnel   Finally, the fourth stage didn’t even exist in the original purchase funnel model. That model ended with purchase. But as we all know, once we own an item, or bought a service, our opinions about the brand are just beginning.
  • 32. ©  2013  Cult  Collec.ve  Ltd.   33   Summarize  the  HBR  ar.cle  about  the  purchase   funnel   Our experience with the product or services determines whether or not we’ll purchase it again, and our ongoing interactions with the brand dictates if we will become brand ambassadors and find excuses to tell our friends about it.
  • 33. ©  2013  Cult  Collec.ve  Ltd.   34   Summarize  the  HBR  ar.cle  about  the  purchase   funnel   If brands can excel at making the ownership experience exceptional, then those customers, as well as everyone they influence, are more likely to bypass the first two phases the next time they’re in market and remain loyal to the brand they bought the first time.
  • 34. 2Customer’s outreach to brands is more important than brands outreach to customers Pull vs. Push
  • 35. 2Customer’s outreach to brands is more important than brands outreach to customers Pull vs. Push If we accept this new paradigm, we need to radically reconsider the Evaluation phase. The original model was heavily focused on Awareness and trying to fill the funnel with prospects. Under that scenario most marketing effort goes into targeted media buying - that’s why McDonalds buys radio during the lunch hour, retailers spend 50% of their budgets in Nov & December for holiday shopping, youth brands clamour to buy ads on programs like American Idol because they know their audiences will be watching.
  • 36. 2Customer’s outreach to brands is more important than brands outreach to customers Pull vs. Push But in this new paradigm, marketing it’s less about trying to guess when your audience is ready to buy and more about being there and over-delivering when they reach out to you. It more inbound than outbound. Its about always being on – 24/7 in a pull vs. push environment – and having amazing content to convert shoppers when they come to check you out.
  • 37. ©  2013  Cult  Collec.ve  Ltd.   38  
  • 38. ©  2013  Cult  Collec.ve  Ltd.   39   Zappos is a great example of this. They do every little mass advertising. Instead, they create what they call “WOW” experiences – both online and through their call center – designed to impress those who are considering new shoes.
  • 39. ©  2013  Cult  Collec.ve  Ltd.   40   For example, If you type Born Sandals into Google, Zappos doesn’t pay for the key word, but their website is built in such a way that it is optimized for the search engines so that Zappos’s very targeted key words and copy show up near the top. When people see this search result and click on it, it costs Zappos nothing.
  • 40. ©  2013  Cult  Collec.ve  Ltd.   41  
  • 41. ©  2013  Cult  Collec.ve  Ltd.   42   And when people get to Zappos page, they not only have over 200 sandals to choose from, but they are surrounded by all this amazing content.
  • 42. ©  2013  Cult  Collec.ve  Ltd.   43   In addition to investing in world-class customer service agents and a very attractive shipping policies. They invest in promotional giveaways, trend videos, ratings and reviews, and cross-selling alternative brands and complementary outfits.
  • 43. ©  2013  Cult  Collec.ve  Ltd.   44   Zappos paid for nothing to get women to want Born sandals, but once they identify you are in the market, they overwhelm you with so many positive experiences you can’t help yourself but buy from them.
  • 44. ©  2013  Cult  Collec.ve  Ltd.   45  
  • 45. ©  2013  Cult  Collec.ve  Ltd.   46   What I’m really talking about is Inbound marketing. Inbound marketing includes everything from search engine marketing to pod casts. Online videos to blogs. Virtual open houses to real time Q&A. Compelling visuals in the form of infographics and interesting white papers that position the publishers as experts.
  • 46. ©  2013  Cult  Collec.ve  Ltd.   47   These types of channels and content strategies are hugely impactful during the customer journey. I needed more customer testimonials, more ratings and reviews, more online video, more salesmanship throughout the process to alleviate my concerns.
  • 47. ©  2013  Cult  Collec.ve  Ltd.   48   These are the new tricks of the trade for which marketers need a. You don’t have to do them all, but you need to do some of them, and you need to do them as well as you do your highly polished brochures and and carefully crafted print ads. Too many marketing professionals mistakenly believe their job is to create awareness instead of improve conversion. These types of tactics converts browsers into buyers.
  • 48. 3Cult brands cater to active loyalists and let them tell their story to prospects Advocacy vs. Acquisition
  • 49. 3Cult brands cater to active loyalists and let them tell their story to prospects Advocacy vs. Acquisition The goal of every marketer should be advocacy, not just acquisition. Any business can get customers, but great brands attract cult-like followings. Cult-like brands understand that the ownership experience is so vital that they prioritize retention and referral over prospecting and mass advertising.
  • 50. 3Cult brands cater to active loyalists and let them tell their story to prospects Advocacy vs. Acquisition The original purchase funnel didn’t even mention word of mouth or post-purchase behavior, yet that is 25% of Harvard’s new model. An Engagement Agency helps brands cater to active loyalists by helping them tell your story to prospects, and we also understand that great customer experiences require so much more than great marketing communications.
  • 51. ©  2013  Cult  Collec.ve  Ltd.   52   Say  something   interes.ng   Be  interested  in   what  they’re  saying   Be  interes.ng  so  they   say  something  about  you   Adver.sing   CRM/Loyalty/Social   Engagement  
  • 52. ©  2013  Cult  Collec.ve  Ltd.   53   Say  something   interes.ng   Be  interested  in   what  they’re  saying   Be  interes.ng  so  they   say  something  about  you   Adver.sing   CRM/Loyalty/Social   Engagement   Here’s the problem. Most marketers are very good at coming up with clever messages and then buying media that shouts their message at people. That is appropriate if your goal is to say one thing to as many people as possible. This is the oldest form of advertising and was most effective when the TV was the primary marketing channel.
  • 53. ©  2013  Cult  Collec.ve  Ltd.   54   Say  something   interes.ng   Be  interested  in   what  they’re  saying   Be  interes.ng  so  they   say  something  about  you   Adver.sing   CRM/Loyalty/Social   Engagement   Then, about 20 years ago, CRM, loyalty marketing and (more recently) social media are getting very good at listening and responding. We have bcome interested In what people are saying – either with their words or actions – and responding accordingly. This is certainly better than the first option, but there is now a fundamental challenge.
  • 54. ©  2013  Cult  Collec.ve  Ltd.   55   Say  something   interes.ng   Be  interested  in   what  they’re  saying   Be  interes.ng  so  they   say  something  about  you   Adver.sing   CRM/Loyalty/Social   Engagement   People are talking to each other more and more about brands and products and services while at the same time tuning out the brands themselves. They’re literally talking about us behind our backs and we can’t get a word in.
  • 55. ©  2013  Cult  Collec.ve  Ltd.   56   Say  something   interes.ng   Be  interested  in   what  they’re  saying   Be  interes.ng  so  they   say  something  about  you   Adver.sing   CRM/Loyalty/Social   Engagement   Most of the traditional tactics are failing because people fast forward past our commercials, opt out of our mailing lists, unsubscribe from the newspaper, and ignore our banner ads. And if we are lucky enough to get one of our messages through, research has proven that they don’t believe us.
  • 56. ©  2013  Cult  Collec.ve  Ltd.   57   Say  something   interes.ng   Be  interested  in   what  they’re  saying   Be  interes.ng  so  they   say  something  about  you   Adver.sing   CRM/Loyalty/Social   Engagement   In fact, they will believe a complete stranger’s online rating of our product more than the print ad we spent 4 weeks working on. So no matter how awesome you tell people your offering is, a 1-star review by a consumer is damaging. So brands must become so interesting, so relevant and so meaningful that core customers can’t help themselves but think and say positive things.
  • 57.
  • 58. Pepsi tried this with their Pepsi Refresh initiative. They shifted $20MM from advertising that was earmarked to pay for Super Bowl commercials, and instead invested it in various community outreach programs.
  • 59. Pepsi backed all sorts of philanthropic activities that their customers said were important to them. Overall the campaign received tremendous buzz and the Refresh website reportedly received over 8 billion page views. But overall the marketing community gave it mixed reviews.
  • 60. We applaud Pepsi for trying something different, but they made two mistakes. First, while 20 million dollars sounds like a lot of money to most of us, that’s a rounding error for their total advertising and promotional budget. The Refresh campaign did not receive the kind of ‘all in’ investment that brands like Patagonia or Under Armour do with their cult-like marketing efforts.
  • 61. Secondly, the Pepsi Refresh Project wasn’t very authentic. It was something Pepsi did, but it wasn’t who they are. When a brand like LuluLemon does something related to health and fitness it seems normal, but then Sears tries it, it seems forced and fake. You need to be true to who who really are, and shine a spotlight on what you really stands for.
  • 62. 4Don’t pay for impressions. Make an impression. Owned Brand Assets
  • 63. 4Don’t pay for impressions. Make an impression. Owned Brand Assets The majority of ad budgets today go towards buying eyeballs. Brands want to get in front of as many of their target audience as often as possible. But cult-like brands are more interested in making an impression than buying impressions. For them there is a demonstrable shift from paid media to owned media.
  • 64. ©  2013  Cult  Collec.ve  Ltd.   65   THEN NOW Store   Website   Mobile   Video   Social   Experien.al     Product/Service  
  • 65. ©  2013  Cult  Collec.ve  Ltd.   66   THEN NOW Store   Website   Mobile   Video   Social   Experien.al     Product/Service   The challenge is that the number of owned media assets has grown significantly. It used to be pretty easy for marketers to manage their product, in-store presence or their website. But now there are over a dozen potential owned media assets that marketers not only have to build, but maintain as well.
  • 66. ©  2013  Cult  Collec.ve  Ltd.   67   THEN NOW Store   Website   Mobile   Video   Social   Experien.al     Product/Service   It can be a daunting task. But in my opinion the juice is worth the squeeze. The secret to success is not trying to do everything. Pick a few and do them really well.
  • 67. ©  2013  Cult  Collec.ve  Ltd.   68   THEN NOW Store   Website   Mobile   Video   Social   Experien.al     Product/Service   In my experience, there are four that I would prioritize - Mobile, Video, Social, and what I call Experiential (sometimes referred to as events or stunts). I’ll elaborate on each.
  • 68. Mobile Mobile marketing is exploding. Smart phones are being adopted at an unprecedented pace. 43 Americans just switched to a smart phone in the time it took you to read this slide. By this time next year nearly half of the entire population will be using smart phones.
  • 69. Their adoption is huge, but so is their capability. Smart phones are going to be bigger game changers for marketers than the TV or personal computer was. These devices allow for all the multi-media capabilities of those other devices, such as audio and video and dynamic content delivery, but better yet they are with us all the time. That makes them the holy grail of marketing tools.
  • 70. And luckily for marketers consumers are using their phones for research and shopping like never before. In particular, phones are critical search tools for real time information, so not only should our websites be mobile friendly, but we may even start to see qualifying questions like, “Are you shopping right now?” so we can better capitalize on people literally living in the moment. And our phones are becoming portable cash registers because people aren’t just browsing but buying exclusively through their mobile device.
  • 71.
  • 72. Corporations are scrambling to keep up with consumer demand for mobile friendly content. When Forbes asked corporate executives what technologies will have the most revolutionary change on their business, the #1 answer was mobile applications. So that begs the question: What should you be doing to capitalize on mobile apps? In my opinion, three specific strategies seem to be emerging.
  • 73. ©  2013  Cult  Collec.ve  Ltd.   74   We’re Easy To Work With
  • 74. ©  2013  Cult  Collec.ve  Ltd.   75   We’re Easy To Work With First and foremost is practical apps that provide mobile friendly solutions that improve operations or the customer experience. Walgreens knows that one of the biggest customer pain points is dropping off a prescription and then waiting 15-30 minutes for it to be filled.
  • 75. ©  2013  Cult  Collec.ve  Ltd.   76   We’re Easy To Work With So they leverage cameras on the smart phones to scan prescriptions and allow customer to send in refill requests electronically so all they have to do is swing by and pick it up. And if anyone has every been to Chipotle at lunch time, you know the wait times can be a bit excessive because everything is made to order, so they built a very user friendly app that lets people build their burrito online and then just swing by and pick it up.
  • 76. ©  2013  Cult  Collec.ve  Ltd.   77   We Care As Much As You Do
  • 77. ©  2013  Cult  Collec.ve  Ltd.   78   We Care As Much As You Do The second mobile strategy that is very popular is to use smart phones to make your brand more relevant by providing content that engenders loyalty and helps people understand you care about their life and their lifestyle as much as they do.
  • 78. ©  2013  Cult  Collec.ve  Ltd.   79   We Care As Much As You Do Pampers has a pregnancy app that helps expecting mothers understand what is happening with her unborn child every step of the way. Pampers knows if they can win over mom before the baby is even born, than they increase their odds of having a customer for life.
  • 79. ©  2013  Cult  Collec.ve  Ltd.   80   We Care As Much As You Do And lots of outdoor enthusiasts brands, like REI, or Oakley or North Face, have different apps to mark hiking trails, or determine snow fall in the mountains, or find the best ways to go surfing.
  • 80. ©  2013  Cult  Collec.ve  Ltd.   81   Have fun – Play With Me
  • 81. ©  2013  Cult  Collec.ve  Ltd.   82   Have fun – Play With Me Finally, people and brands like to have fun. In fact, more than half of the top 100 downloaded apps are games. And its not just teenage boys that like to play games. One of the biggest gamer segments is "soccer moms".
  • 82. ©  2013  Cult  Collec.ve  Ltd.   83   Have fun – Play With Me So brands should create mobile experiences that are fun and create some buzz. Coca-Cola does that with their ‘spin the bottle’ app, its simple and inexpensive and speaks to the social aspect of their product. Ford at the most recent auto show had an app that if you hold your phone or tablet up to a Ford logo, it launches a bunch of virtual content, including a racing game.
  • 83. ©  2013  Cult  Collec.ve  Ltd.   84   Have fun – Play With Me If you do something for fun, make sure you have proper expectations about what you hope to get in return. What you’re really looking for getting people to give you permission to be in their puruse or in their pocket. That can be a powerful thing. Once you’re there you can build a relationship over time that his mutually beneficial.
  • 84. ©  2013  Cult  Collec.ve  Ltd.   85   Have fun – Play With Me Recent research from Digby reveals that 3 out of the top 5 retailers’ mobile apps ask for location-based services, and 4 out of the top 5 retailers’ mobile apps ask permission to send push notifications. This means they now have the ability to know who you are, where you are, and send you messages based on location and time of day (a concept is known as location-based marketing).
  • 85. Video
  • 86. Video Most people have seen K-Mart’s ‘Ship My Pants’ ad on YouTube. In just a couple weeks, it received over 16MM views and has sparked a conversation about K-Mart that is nothing short of remarkable.
  • 87. Video Consider that I’m here today talking with top marketing executives from across North American discussing innovative marketing strategies and I’m using K-Mart as an example. Their last big idea was in 1965 when they introduced the blue light special. But they shocked the world with 30 seconds of dirty humour in a YouTube video and got us all wondering if K-Mart is now cool.
  • 88. The reality is YouTube is the biggest video content publisher in the universe, ever. More video is uploaded to YouTube in a month than all the major networks have produced in the last 60 years combined. Your customers are flocking to YouTube, and other online video players like it, by the millions.
  • 89. Also interesting to note is over half a million videos are uplaoded to Facebook each day, about a third of which are low quality video shot from mobile devices. People don’t care as much about the production quality. They’re more interested in recency and having something cool to watch. Online video is quickly becoming consumers’ preferred means of digesting content.
  • 90. ©  2013  Cult  Collec.ve  Ltd.   91     Increase  business  calls  by  18%     Increase  website  visits  by  55%     Increase  physical  store  visits  by  30%     Increase  incidence  of  purchase  by  24%     Source:  PRWeb  (hXp://www.prweb.com/releases/2012/1/prweb9151852.htm  
  • 91. ©  2013  Cult  Collec.ve  Ltd.   92     Increase  business  calls  by  18%     Increase  website  visits  by  55%     Increase  physical  store  visits  by  30%     Increase  incidence  of  purchase  by  24%     Source:  PRWeb  (hXp://www.prweb.com/releases/2012/1/prweb9151852.htm   The net takeaway is that video is a big deal. It is compelling and motivating and results in meaningful business results. In head to head comparisons of content with and without video, PRWeb found that use of video… (see stats on this slide). Brands need to figure out how to produce much more if it, far cheaper and faster than they are doing today with their highly-produced TV commercials
  • 93. Social Most people realize by now that social media has permanently changed consumer behavior, but most brands are still struggling with figuring out what do in social spaces.
  • 94. Social I think e-Marketer is onto something when their survey regarding how to improve loyalty programs revealed that 64% of respondents said they want better social media engagement. To me, Facebook isn’t a media outlet for buying banner ads. Rather, it’s the 21st century’s version of a loyalty program.
  • 95. Social Instead of the plastic cards we all carry in our wallets to earn points when we shop, loyalty programs of the future will leverage fans and friends in an online community where membership has meaningful privileges.
  • 96. But eMarketer’s survey also revealed something very interesting. On the left is a list of things which marketers say are the most effective tactics happening within social media. Stuff like blogs, whitepapers, video, etc.
  • 97. On the right is a list of things marketers say are the most difficult to do, which includes the exact same things – blogs, whitepapers, videos. Most businesses haven’t invested sufficient resources to figure this out. We’re still too busy doing traditional marketing instead of shifting more resources and freeing up bandwidth and dollars to get good at learning new tricks of the trade.
  • 98. And we need to have some patience. We can try one thing and declare it a success or failure and move on. These are new muscles marketers are learning to flex and we need time to let them develop.
  • 99. ©  2013  Cult  Collec.ve  Ltd.   100   Cultivator
  • 100. ©  2013  Cult  Collec.ve  Ltd.   101   Cultivator One of the things my agency has done to facilitate this learning curve for clients is invest in social media management technology. We’ve partnered with Expion to measure and enable social marketing campaigns across a variety of platforms.
  • 101. ©  2013  Cult  Collec.ve  Ltd.   102   Cultivator This slide shows a quick snapshot of one of our dashboards where we are benchmarking social media engagement within the fast food hamburger industry. From this we not only see which brands are doing the most in the social space, but we can also drill down and see which posts are most popular, which are responded to our reposted, and then we can use that intelligence to inform our own content strategies about what we should be talking about each day.
  • 102. Experiential “Stores  must  become  more  theatrical,   more  immersive,  and  more  of  a  life   experience  rather  than  simply  a  place   to  get  something.  As  much  as  they  are   selling  products  they  will  be  selling  a   good  =me,  a  lifestyle.”                -­‐  Best  Retail  Brands  Report;  2013  
  • 103. Experiential “Stores  must  become  more  theatrical,   more  immersive,  and  more  of  a  life   experience  rather  than  simply  a  place   to  get  something.  As  much  as  they  are   selling  products  they  will  be  selling  a   good  =me,  a  lifestyle.”                -­‐  Best  Retail  Brands  Report;  2013   There is so much being written about and discussed regarding social media, let me move on and discuss one last area that I don’t think get as much love and attention as it should by brand. I refer to this area as Experiential, meaning how do we create better branded experiences beyond just using our products?
  • 104. Experiential “Stores  must  become  more  theatrical,   more  immersive,  and  more  of  a  life   experience  rather  than  simply  a  place   to  get  something.  As  much  as  they  are   selling  products  they  will  be  selling  a   good  =me,  a  lifestyle.”                -­‐  Best  Retail  Brands  Report;  2013  For the past several years the idea of re-inventing retail spaces has been very popular. As stores complete more and more with online shopping, the consensus seems to be to make the store shopping experience more experiential.
  • 105. Experiential “Stores  must  become  more  theatrical,   more  immersive,  and  more  of  a  life   experience  rather  than  simply  a  place   to  get  something.  As  much  as  they  are   selling  products  they  will  be  selling  a   good  =me,  a  lifestyle.”                -­‐  Best  Retail  Brands  Report;  2013   The new news here is that it’s not just your store environment, it’s your entire marketing mix. People want more show and less tell.
  • 106. •  8MM  concurrent  views  on   YouTube  (most  ever)   •  Shared  700k  .mes  in  first  3   hours   •  40  TV  sta.ons  and  130  digital   outlets  picked  up  the  footage   •  50%  of  trending  topics  on   TwiXer  were  about  the  stunt     •  82%  of  social  conversa.ons   about  Red  Bull  were  posi.ve   •  2MM  new  Red  Bull  email   subscribers   ©  2013  Cult  Collec.ve  Ltd.   107   Red Bull Gives You Wings (Literally)
  • 107. •  8MM  concurrent  views  on   YouTube  (most  ever)   •  Shared  700k  .mes  in  first  3   hours   •  40  TV  sta.ons  and  130  digital   outlets  picked  up  the  footage   •  50%  of  trending  topics  on   TwiXer  were  about  the  stunt     •  82%  of  social  conversa.ons   about  Red  Bull  were  posi.ve   •  2MM  new  Red  Bull  email   subscribers   ©  2013  Cult  Collec.ve  Ltd.   108   Red Bull Gives You Wings (Literally) Nobody has done this better in recent memory than Red Bull. When they sent Felix Baumgartner into space in October of last year, they executed what I believe to be a flawless experiential brand campaign.
  • 108. •  8MM  concurrent  views  on   YouTube  (most  ever)   •  Shared  700k  .mes  in  first  3   hours   •  40  TV  sta.ons  and  130  digital   outlets  picked  up  the  footage   •  50%  of  trending  topics  on   TwiXer  were  about  the  stunt     •  82%  of  social  conversa.ons   about  Red  Bull  were  posi.ve   •  2MM  new  Red  Bull  email   subscribers   ©  2013  Cult  Collec.ve  Ltd.   109   Red Bull Gives You Wings (Literally) This stunt was perfectly aligned with Red Bull’s brand of extreme energy. It was properly executed and marketed, receiving the most ever concurrent YouTube views and picked up by dozens of large media networks for free. And they leveraged the stunt to capture customer data, adding over 2MM new email subscribers and millions of new Facebook followers.
  • 109. •  8MM  concurrent  views  on   YouTube  (most  ever)   •  Shared  700k  .mes  in  first  3   hours   •  40  TV  sta.ons  and  130  digital   outlets  picked  up  the  footage   •  50%  of  trending  topics  on   TwiXer  were  about  the  stunt     •  82%  of  social  conversa.ons   about  Red  Bull  were  posi.ve   •  2MM  new  Red  Bull  email   subscribers   ©  2013  Cult  Collec.ve  Ltd.   110   Red Bull Gives You Wings (Literally) I couldn't find out how much Red Bull spent on this stunt, but I’m sure it was far less expensive than producing some commercial spots and buying media that would have delivered over 20MM eyeballs like this stunt did.
  • 110. ©  2013  Cult  Collec.ve  Ltd.   111   If you’re going to do a stunt, there are three things you need to do to help it be successful. First, it must align perfectly with your brand. Make it very authentic and brand relevant. 3MM did that well when they used their super glue to hold up a giant truck in the middle of their parking lot. KFC’s attempt to have a manmade ad visible from space was nothing to do with chicken.
  • 111. ©  2013  Cult  Collec.ve  Ltd.   112   Secondly, good stunts most often requires some paid media and PR to support it. Jell-o’s pudding drop after the Superbowl didn’t just happen in San Francisco, it was supported by a TV commercial that aired following the game. And remember that while everyone likes to think of Old Spice’s Smells like a man as a viral video success, it was supported by millions of dollars of cinema and TV advertising as well.
  • 112. ©  2013  Cult  Collec.ve  Ltd.   113   Finally, I’m not sure if you’re one of the 44 million people who have viewed this video from TNT, but it was pretty awesome. What made the difference of it being a super cool idea executed in a small Belguim town to being a Youtube sensation was how well it was recorded and edited so it could be shared with the rest of the world. I strongly suggest including a good videographer and editor in all your stunts and events so they can be easily shared with others.
  • 113. ©  2013  Cult  Collec.ve  Ltd.   114   We’ve had over 50 years to figure out how mass advertising works – the rules and regulations as well as people’s attitudes about what’s appropriate and what’s not. For the most part, with these new owned media assets like mobile, social, video and events, we’re still living in the wild west. Which means there are some inherent risks involved. If a multi-million dollar TV campaign doesn’t work as well as you’d hope, it’s regrettable, but largely private and stays within the company. But when you screw up in the digital space, bad things can happen….
  • 114. ©  2013  Cult  Collec.ve  Ltd.   115   2 Arrests, 1 Resignation, $2MM Fine Like when Adult Swim thought it would be a good idea to launch their new ‘Aqua Teen Hunger Force Movie by hiding brite LED displays of their main robot throughout Boston a couple years ago. That resulted in a bomb scare, as well as 2 arrests, the CEO resigned, and the company got a $2MM fine.
  • 115. ©  2013  Cult  Collec.ve  Ltd.   116   2 Arrests, 1 Resignation, $2MM Fine We can’t let some bad examples deter our enthusiasm. But we have to have realistic expectations about what’s possible. And we must encourage experimentation as we challenge status quo. Because if we stay the same, we’ll wake up one day soon and realize the rest of the world has passed us by.
  • 116.