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Creating Brand Value for your Business

Running an integrated and Cost Effective
Communications Program

1
Brand Building!! WHY??
ā€¢ Brand building is the QUALITY & EXPERIENCE you promise to
your customer!
ā€¢ All else remains a Commodity to be purchased on pure pricing
benefits - ā€œPremium Vs Discountsā€
ā€¢ Simply put ā€¦ a brand is the reason why customers will choose
your product over the competition

2
Ask yourself

Does it really matter to you which brand of petrol would you prefer
to fill in your car & WHY?

3
Building Brand value through customer
experience
Research shows
ā€¢

Since petrol will continue to remain
a commodity, brand building
happens at the petrol station level.

ā€¢

They build on ā€œcustomer
experiencesā€

ā€¢

Some Examples
ā€¢ Services
ā€¢ Conveniences
ā€¢ Swanky retail outlets within
filling stations
ā€¢ Courteous attendants
ā€¢ Lesser filling time
4
When ā€œmy product is a commodityā€

ā€¢

In some product categories, ā€œBrandā€ is not central to the purchase

ā€¢

Yet they spend time and money ā€œbuilding the brandā€

ā€¢

Its about VISIBILITY, EXPERIENCE and then LOYALTY

5
BUT the Big Problem is the BUDGET !!
ā€¢

So if we donā€™t have the budgets CAN WE REPLACE BRAND BUILDING
with an aggressive pricing strategy?

ā€¢

Experience says, it hasnā€™t quite worked even for players with deep
pockets

ā€¢ Ultimately the product experience and quality story is KING!!

6
This marketing experiment is now being
seen in ecommerce businesses
ā€¢

According to a KPMG report nearly two-thirds of people buy online due
to the cheaper prices and discounts

ā€¢

Too many players in categories, vying for the same pool of customers

ā€¢

Customer loyalties are low

ā€¢

In India, ā€˜convenienceā€™ is still in conflict with ā€˜touch and feelā€™

ā€¢

Funding is increasingly becoming an issue and available now for the
relatively BIGGER players i.e. the more recognized BRANDS

Like it OR notā€¦
Brand building is key to survival and success of your business!
7
Some rules of brand building new entrants
In the digital age
ā€¢

Brand building is about ā€œdistinctiveness and
Imageā€ ā€“ It is NOT DIRECT SELLING!!

ā€¢

Customers are now in chargeā€¦
ā€¢
ā€¢

ā€¢

They will also coalesce around you or against you
ā€¢

ā€¢

People will find you only if they want you
The KEY is to be visible with a great reason why they should
choose you

The KEY is to get the WOM going in your favor

It will be a slow burn & a sustained processā€“ so
deploy it early enough

ā€¢

Must be smart and cost effective,
conversation- generating and measurable
8
Tip 1ā€¦Get online
BUT Figure out your story first
ā€¢
ā€¢

ā€¢
ā€¢
ā€¢

Your Quality story
Heritage Story (make sure it is
distinct and rooted in your
creation story)
The Experience story
The Aspiration story
Save The World Story

Banarasi/Patan Patolas
9
Andā€¦if your story sells, your BRAND
does tooā€¦

10
Tip 2 ā€“ Tell your story through the RIGHT
digital interface

Overt Storytelling

ā€¢
ā€¢
ā€¢
ā€¢

About Page
Product Pages
Return Policy
Free Shipping.

Covert Storytelling

User Gen Content

ā€¢
ā€¢
ā€¢
ā€¢
ā€¢

ā€¢
ā€¢
ā€¢
ā€¢

Design
Colors
Images
Headlines
People

Comments
Reviews
Contests
Polls, Surveys

11
Engagement is important here as Google
wants you to do it
ā€¢ And nothing ā€œengagesā€ better than great stories and
storytelling

ā€¢ Heuristic Measures Include
ā€¢
ā€¢
ā€¢
ā€¢
ā€¢

Time On Site
Pages viewed by an average visitor
Repeat visitors
Bounce rates
Mobile engagement

12
Alsoā€¦Keep it really really Simple &
answer a need right away!
ā€¢ Every website must answer in seconds, ā€œWhat does
Zipbuds.com want me to do NOW?ā€

13
Tip 3ā€¦Start developing content around your
story for high digital engagement
ā€¢ High Engagement led
Conversion should drive your
digital media campaign

Simple Videos can tell
powerful stories!

ā€¢ Encourage Reviews
ā€¢ Blog that is real time and
interesting
ā€¢ Relevant real time offers
ā€¢ Breaking news Stories

14
Tip 4 ā€“ Use Networks to drive your messages
ā€¢ You must be present and visible in industry forums

ā€¢ You must be seen amongst your peers in conferences or
exhibitions
ā€¢ You must spend time with at least 10 journalists from your
category ā€“ coverage or no coverage

ā€¢ Social networking with ā€œyouā€ as the brand is important
Important: Be ready with your 1 single message that
highlights the USP of your business
15
Tip 5 ā€“ get some of your stories out
in the media

16
You can do it yourself ā€“ understand what
gets written about
ā€¢

A unique idea that is the very basis of your
business

ā€¢

A Unique behind the scenes story

ā€¢

Story of how your product changes or impacts
lives

ā€¢

Your story ā€“ a big career change

ā€¢

Getting bigger brands to associate with you as
partners

Mera Gao Power aims to provide lighting
and clean solar powered energy to power
two LED lamps & mobile phone charging
point @ Rs 25 per week

Mirakle couriers
Mumbai employs low
income deaf adults
17
Tip 6 ā€“ Own a property that relates to your
BRANDā€¦
ā€¢

Based on your business you should stand
for at least 1 thing that is your marketing
leverage

Some ideas

ā€¢

A waste management company that works
with children

ā€¢

A furnishing company that works with
endangered artisans of India

ā€¢

A spices company that works with tribal
population

ā€¢

A garments company that stands for
ā€œethical fashionā€

18
Tip 7 ā€“ Run some Low cost/High Impact
promotions
All you need is an Idea!! Innovate to promote

Aviva

Aircel

Ideas are free ā€“ and execution can be cheap too!!

19
The BIG questionā€¦ what does it cost to run a
communications campaign for startups?
ā€¢ You need a little bit of professional helpā€¦specialists and
experts who are among your friendsā€“ NOT big budget
agencies
ā€¢ You need to commit TIMEā€“ NOT Big Advertising budgets!!
ā€¢ You need a bit of PR and BTLā€¦thatā€™s your only cost. Here
too its possible to find cost effective solutions
AND ā€¦you need to run it in an integrated mannerā€¦
CONSISTENTLY !
20
ā€œJugaadā€ is a word we gave the world!!
Passion and need drives the low cost solutions. Creativity is KEY!!

Disclaimer

I am not asking you
to do this ever!!

21
For more ideas visit us

www.strongkofee.com

22

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Why Startups need integrated communications to build brand value

  • 1. Creating Brand Value for your Business Running an integrated and Cost Effective Communications Program 1
  • 2. Brand Building!! WHY?? ā€¢ Brand building is the QUALITY & EXPERIENCE you promise to your customer! ā€¢ All else remains a Commodity to be purchased on pure pricing benefits - ā€œPremium Vs Discountsā€ ā€¢ Simply put ā€¦ a brand is the reason why customers will choose your product over the competition 2
  • 3. Ask yourself Does it really matter to you which brand of petrol would you prefer to fill in your car & WHY? 3
  • 4. Building Brand value through customer experience Research shows ā€¢ Since petrol will continue to remain a commodity, brand building happens at the petrol station level. ā€¢ They build on ā€œcustomer experiencesā€ ā€¢ Some Examples ā€¢ Services ā€¢ Conveniences ā€¢ Swanky retail outlets within filling stations ā€¢ Courteous attendants ā€¢ Lesser filling time 4
  • 5. When ā€œmy product is a commodityā€ ā€¢ In some product categories, ā€œBrandā€ is not central to the purchase ā€¢ Yet they spend time and money ā€œbuilding the brandā€ ā€¢ Its about VISIBILITY, EXPERIENCE and then LOYALTY 5
  • 6. BUT the Big Problem is the BUDGET !! ā€¢ So if we donā€™t have the budgets CAN WE REPLACE BRAND BUILDING with an aggressive pricing strategy? ā€¢ Experience says, it hasnā€™t quite worked even for players with deep pockets ā€¢ Ultimately the product experience and quality story is KING!! 6
  • 7. This marketing experiment is now being seen in ecommerce businesses ā€¢ According to a KPMG report nearly two-thirds of people buy online due to the cheaper prices and discounts ā€¢ Too many players in categories, vying for the same pool of customers ā€¢ Customer loyalties are low ā€¢ In India, ā€˜convenienceā€™ is still in conflict with ā€˜touch and feelā€™ ā€¢ Funding is increasingly becoming an issue and available now for the relatively BIGGER players i.e. the more recognized BRANDS Like it OR notā€¦ Brand building is key to survival and success of your business! 7
  • 8. Some rules of brand building new entrants In the digital age ā€¢ Brand building is about ā€œdistinctiveness and Imageā€ ā€“ It is NOT DIRECT SELLING!! ā€¢ Customers are now in chargeā€¦ ā€¢ ā€¢ ā€¢ They will also coalesce around you or against you ā€¢ ā€¢ People will find you only if they want you The KEY is to be visible with a great reason why they should choose you The KEY is to get the WOM going in your favor It will be a slow burn & a sustained processā€“ so deploy it early enough ā€¢ Must be smart and cost effective, conversation- generating and measurable 8
  • 9. Tip 1ā€¦Get online BUT Figure out your story first ā€¢ ā€¢ ā€¢ ā€¢ ā€¢ Your Quality story Heritage Story (make sure it is distinct and rooted in your creation story) The Experience story The Aspiration story Save The World Story Banarasi/Patan Patolas 9
  • 10. Andā€¦if your story sells, your BRAND does tooā€¦ 10
  • 11. Tip 2 ā€“ Tell your story through the RIGHT digital interface Overt Storytelling ā€¢ ā€¢ ā€¢ ā€¢ About Page Product Pages Return Policy Free Shipping. Covert Storytelling User Gen Content ā€¢ ā€¢ ā€¢ ā€¢ ā€¢ ā€¢ ā€¢ ā€¢ ā€¢ Design Colors Images Headlines People Comments Reviews Contests Polls, Surveys 11
  • 12. Engagement is important here as Google wants you to do it ā€¢ And nothing ā€œengagesā€ better than great stories and storytelling ā€¢ Heuristic Measures Include ā€¢ ā€¢ ā€¢ ā€¢ ā€¢ Time On Site Pages viewed by an average visitor Repeat visitors Bounce rates Mobile engagement 12
  • 13. Alsoā€¦Keep it really really Simple & answer a need right away! ā€¢ Every website must answer in seconds, ā€œWhat does Zipbuds.com want me to do NOW?ā€ 13
  • 14. Tip 3ā€¦Start developing content around your story for high digital engagement ā€¢ High Engagement led Conversion should drive your digital media campaign Simple Videos can tell powerful stories! ā€¢ Encourage Reviews ā€¢ Blog that is real time and interesting ā€¢ Relevant real time offers ā€¢ Breaking news Stories 14
  • 15. Tip 4 ā€“ Use Networks to drive your messages ā€¢ You must be present and visible in industry forums ā€¢ You must be seen amongst your peers in conferences or exhibitions ā€¢ You must spend time with at least 10 journalists from your category ā€“ coverage or no coverage ā€¢ Social networking with ā€œyouā€ as the brand is important Important: Be ready with your 1 single message that highlights the USP of your business 15
  • 16. Tip 5 ā€“ get some of your stories out in the media 16
  • 17. You can do it yourself ā€“ understand what gets written about ā€¢ A unique idea that is the very basis of your business ā€¢ A Unique behind the scenes story ā€¢ Story of how your product changes or impacts lives ā€¢ Your story ā€“ a big career change ā€¢ Getting bigger brands to associate with you as partners Mera Gao Power aims to provide lighting and clean solar powered energy to power two LED lamps & mobile phone charging point @ Rs 25 per week Mirakle couriers Mumbai employs low income deaf adults 17
  • 18. Tip 6 ā€“ Own a property that relates to your BRANDā€¦ ā€¢ Based on your business you should stand for at least 1 thing that is your marketing leverage Some ideas ā€¢ A waste management company that works with children ā€¢ A furnishing company that works with endangered artisans of India ā€¢ A spices company that works with tribal population ā€¢ A garments company that stands for ā€œethical fashionā€ 18
  • 19. Tip 7 ā€“ Run some Low cost/High Impact promotions All you need is an Idea!! Innovate to promote Aviva Aircel Ideas are free ā€“ and execution can be cheap too!! 19
  • 20. The BIG questionā€¦ what does it cost to run a communications campaign for startups? ā€¢ You need a little bit of professional helpā€¦specialists and experts who are among your friendsā€“ NOT big budget agencies ā€¢ You need to commit TIMEā€“ NOT Big Advertising budgets!! ā€¢ You need a bit of PR and BTLā€¦thatā€™s your only cost. Here too its possible to find cost effective solutions AND ā€¦you need to run it in an integrated mannerā€¦ CONSISTENTLY ! 20
  • 21. ā€œJugaadā€ is a word we gave the world!! Passion and need drives the low cost solutions. Creativity is KEY!! Disclaimer I am not asking you to do this ever!! 21
  • 22. For more ideas visit us www.strongkofee.com 22