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Anita Caras Insights Director Oath - boussiasconferences.gr · Anita Caras Insights Director Oath *Based on BrandZ affinity ranked scale ... Validate & test potential inputs to Brand

Feb 22, 2019

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Page 1: Anita Caras Insights Director Oath - boussiasconferences.gr · Anita Caras Insights Director Oath *Based on BrandZ affinity ranked scale ... Validate & test potential inputs to Brand

Anita Caras Insights

Director Oath

Page 2: Anita Caras Insights Director Oath - boussiasconferences.gr · Anita Caras Insights Director Oath *Based on BrandZ affinity ranked scale ... Validate & test potential inputs to Brand
Page 3: Anita Caras Insights Director Oath - boussiasconferences.gr · Anita Caras Insights Director Oath *Based on BrandZ affinity ranked scale ... Validate & test potential inputs to Brand

*Based on BrandZ affinity ranked scale

BrandZ™ Top 100 Most Valuable Global Brands: 87 common brands valued in both 2006 and 2017

Brand love is also an important driver of financial value

+192%High

Love*

+110%Medium

Love*

+32%LowLove*

Twelve years of brand value growth

Page 4: Anita Caras Insights Director Oath - boussiasconferences.gr · Anita Caras Insights Director Oath *Based on BrandZ affinity ranked scale ... Validate & test potential inputs to Brand

4

Unwrapping brand love

Identify potential drivers

of Brand Love

Over 150,000 consumers (86,000 across Europe)

13 countries

Nuances by industry vertical, audience and country

Oath Brand Love Index Study 2018 - Global

1

• Exec interviews

• Desk Research

• Consumer Focus Groups

2 3

Validate & test potential

inputs to Brand Love

• Online survey

• Correlation analysis with BrandZ

database

Calculation of Brand

Love Score

• Brand Love dominance model

analysis by category/country

• Brand Love Score = Weighted

averages by driver

Page 5: Anita Caras Insights Director Oath - boussiasconferences.gr · Anita Caras Insights Director Oath *Based on BrandZ affinity ranked scale ... Validate & test potential inputs to Brand

5

Human love vs. brand love

Human Love

Absorption of other person’s identity and altruistic mindset

Intimacy

Passion

Commitment

Love

Brand love has a

functional element

to it which makes it

distinct from human love

which is almost

exclusively emotional

Brand Love

Loyalty and advocacy

Emotional connection

Function

Bonding

Love

Oath Brand Love Index 2018

Page 6: Anita Caras Insights Director Oath - boussiasconferences.gr · Anita Caras Insights Director Oath *Based on BrandZ affinity ranked scale ... Validate & test potential inputs to Brand

Brand love is an intense bonded affection

that a person has with a brand;

it is characterized by the brand’s ability to

deliver superior and unique utility, build

emotional connection, deliver consistently

elevated experiences and create bonds.

6

What is brand love?

Oath Brand Love Index 2018

Page 7: Anita Caras Insights Director Oath - boussiasconferences.gr · Anita Caras Insights Director Oath *Based on BrandZ affinity ranked scale ... Validate & test potential inputs to Brand

The 6 drivers of brand love are universal

Oath Brand Love Index 2018

Exceed needs

Build trust

Set trends

Share values

Elevate experiences

Respect consumers

Page 8: Anita Caras Insights Director Oath - boussiasconferences.gr · Anita Caras Insights Director Oath *Based on BrandZ affinity ranked scale ... Validate & test potential inputs to Brand

Oath Brand Love Index 2018

Page 9: Anita Caras Insights Director Oath - boussiasconferences.gr · Anita Caras Insights Director Oath *Based on BrandZ affinity ranked scale ... Validate & test potential inputs to Brand

Exceed Needs

30%

Oath Brand Love Index 2018 - Global

Page 10: Anita Caras Insights Director Oath - boussiasconferences.gr · Anita Caras Insights Director Oath *Based on BrandZ affinity ranked scale ... Validate & test potential inputs to Brand

10

Outperform and overdeliverDon’t rely on emotion alone. Break through the clutter by bringing the best in quality, performance and design.

Oath Brand Love Index 2018

Page 11: Anita Caras Insights Director Oath - boussiasconferences.gr · Anita Caras Insights Director Oath *Based on BrandZ affinity ranked scale ... Validate & test potential inputs to Brand

Put Customers FirstInvent

Be Patient

Oath Brand Love Index 2018

Page 12: Anita Caras Insights Director Oath - boussiasconferences.gr · Anita Caras Insights Director Oath *Based on BrandZ affinity ranked scale ... Validate & test potential inputs to Brand

Build Trust

20%

Oath Brand Love Index 2018 - Global

Page 13: Anita Caras Insights Director Oath - boussiasconferences.gr · Anita Caras Insights Director Oath *Based on BrandZ affinity ranked scale ... Validate & test potential inputs to Brand

13

Make it personal

There’s no love without trust, and the strongest path to building trust is to personalize the experience.

Oath Brand Love Index 2018

Page 14: Anita Caras Insights Director Oath - boussiasconferences.gr · Anita Caras Insights Director Oath *Based on BrandZ affinity ranked scale ... Validate & test potential inputs to Brand

Mobile helps you make it personal

more likely to believe a

brand builds trust

when they saw a

brands advert on

their mobile device

of consumers who trust a brand have viewed/received innovative marketing on the brand on their mobile devices.

40% 72%

Oath, Mobile Insights, 2018 (Global)

Page 15: Anita Caras Insights Director Oath - boussiasconferences.gr · Anita Caras Insights Director Oath *Based on BrandZ affinity ranked scale ... Validate & test potential inputs to Brand

HigherBuild Truest scores Vs. Retail average

43%

Oath Brand Love Index 2018 - UK

Page 16: Anita Caras Insights Director Oath - boussiasconferences.gr · Anita Caras Insights Director Oath *Based on BrandZ affinity ranked scale ... Validate & test potential inputs to Brand

Set Trends

18%

Oath Brand Love Index 2018 - Global

Page 17: Anita Caras Insights Director Oath - boussiasconferences.gr · Anita Caras Insights Director Oath *Based on BrandZ affinity ranked scale ... Validate & test potential inputs to Brand

17

Rethink, reinvent, repeatInnovation doesn’t stop at your product or service. Reinvent every touchpoint with consumers.

Oath Brand Love Index 2018

Page 18: Anita Caras Insights Director Oath - boussiasconferences.gr · Anita Caras Insights Director Oath *Based on BrandZ affinity ranked scale ... Validate & test potential inputs to Brand

Oath Brand Love Index 2018

Page 19: Anita Caras Insights Director Oath - boussiasconferences.gr · Anita Caras Insights Director Oath *Based on BrandZ affinity ranked scale ... Validate & test potential inputs to Brand

Shares values

12%

Oath Brand Love Index 2018 - Global

Page 20: Anita Caras Insights Director Oath - boussiasconferences.gr · Anita Caras Insights Director Oath *Based on BrandZ affinity ranked scale ... Validate & test potential inputs to Brand

20

Take a stand

Show consumers what you stand for.Values-led brands attract people who believe what they believe.

Oath Brand Love Index 2018

Page 21: Anita Caras Insights Director Oath - boussiasconferences.gr · Anita Caras Insights Director Oath *Based on BrandZ affinity ranked scale ... Validate & test potential inputs to Brand

Consumers demand action from brands

76%67% 64% 64%

57% 57%

43%

Treatment of employees

Equality & diversity

Closing gender pay gap

Women in leadership

Environmental sustainability

LGBTQ rights

Cultural Openness

Oath Brand Love Index 2018 Global

Page 22: Anita Caras Insights Director Oath - boussiasconferences.gr · Anita Caras Insights Director Oath *Based on BrandZ affinity ranked scale ... Validate & test potential inputs to Brand
Page 23: Anita Caras Insights Director Oath - boussiasconferences.gr · Anita Caras Insights Director Oath *Based on BrandZ affinity ranked scale ... Validate & test potential inputs to Brand

Respect Consumers

11%

Oath Brand Love Index 2018 - Global

Page 24: Anita Caras Insights Director Oath - boussiasconferences.gr · Anita Caras Insights Director Oath *Based on BrandZ affinity ranked scale ... Validate & test potential inputs to Brand

24

Mind the flowLove grows when brands integrate into a consumer’s life, especially on mobile. Show respect for their time and experience.

Oath Brand Love Index 2018

Page 25: Anita Caras Insights Director Oath - boussiasconferences.gr · Anita Caras Insights Director Oath *Based on BrandZ affinity ranked scale ... Validate & test potential inputs to Brand

“Our mission is empowering every person and every

organisation on the planet to achieve more.”Satya Nadella, CEO

HigherRespect Consumer scores Vs. Tech average

3 X

Oath Brand Love Index 2018 - UK

Page 26: Anita Caras Insights Director Oath - boussiasconferences.gr · Anita Caras Insights Director Oath *Based on BrandZ affinity ranked scale ... Validate & test potential inputs to Brand

Elevate Experiences 9%

Oath Brand Love Index 2018 - Global

Page 27: Anita Caras Insights Director Oath - boussiasconferences.gr · Anita Caras Insights Director Oath *Based on BrandZ affinity ranked scale ... Validate & test potential inputs to Brand

27

Make extraordinary the every daySet the standard on memorable, immersive experiences. Consumers are more willing to love, and forgive, brands that do.

Oath Brand Love Index 2018

Page 28: Anita Caras Insights Director Oath - boussiasconferences.gr · Anita Caras Insights Director Oath *Based on BrandZ affinity ranked scale ... Validate & test potential inputs to Brand
Page 29: Anita Caras Insights Director Oath - boussiasconferences.gr · Anita Caras Insights Director Oath *Based on BrandZ affinity ranked scale ... Validate & test potential inputs to Brand

Travel Retail

+ 54%Respect Consumers

+20%Exceed Needs

Consumer expectation varies by industry vertical

Oath Brand Love Index 2018 - Global

Communication Providers

+78%Elevate Experiences

Page 30: Anita Caras Insights Director Oath - boussiasconferences.gr · Anita Caras Insights Director Oath *Based on BrandZ affinity ranked scale ... Validate & test potential inputs to Brand

30

Where do we go from here?

Next stop

Measurement

Oath Brand Love Index 2018

Page 31: Anita Caras Insights Director Oath - boussiasconferences.gr · Anita Caras Insights Director Oath *Based on BrandZ affinity ranked scale ... Validate & test potential inputs to Brand

31

Measuring brand love: the Oath approach

Traditional measures

Brand awareness

Favourability

Consideration / purchase intent

Oath Brand love measures

Exceed needs

Build trust

Set trends

Share values

Elevate experiences

Respect consumers

Oath Brand Love Index 2018

Page 32: Anita Caras Insights Director Oath - boussiasconferences.gr · Anita Caras Insights Director Oath *Based on BrandZ affinity ranked scale ... Validate & test potential inputs to Brand

The six drivers of brand love

Exceed Needs

Build Trust Share Values

Elevate ExperiencesRespect Consumers

Set Trends

Oath Brand Love Index 2018 - Global

Page 33: Anita Caras Insights Director Oath - boussiasconferences.gr · Anita Caras Insights Director Oath *Based on BrandZ affinity ranked scale ... Validate & test potential inputs to Brand

The foundational base

Exceed Needs Set Trends

OUTPERFORM AND OVER DELIVER RETHINK, REINVENT, REPEAT

Oath Brand Love Index 2018 - Global

Page 34: Anita Caras Insights Director Oath - boussiasconferences.gr · Anita Caras Insights Director Oath *Based on BrandZ affinity ranked scale ... Validate & test potential inputs to Brand

Build Trust Share Values

MAKE IT PERSONAL TAKE A STAND

The emotional connection

Oath Brand Love Index 2018 - Global

Page 35: Anita Caras Insights Director Oath - boussiasconferences.gr · Anita Caras Insights Director Oath *Based on BrandZ affinity ranked scale ... Validate & test potential inputs to Brand

The consistent bond

Elevate ExperiencesRespect Consumers

MIND THE FLOWMAKE THE EXTRAORDINARY

EVERY DAY

Oath Brand Love Index 2018 - Global

Page 36: Anita Caras Insights Director Oath - boussiasconferences.gr · Anita Caras Insights Director Oath *Based on BrandZ affinity ranked scale ... Validate & test potential inputs to Brand

Visit love.com

Page 37: Anita Caras Insights Director Oath - boussiasconferences.gr · Anita Caras Insights Director Oath *Based on BrandZ affinity ranked scale ... Validate & test potential inputs to Brand

ευχαριστώ

[email protected]

@anitacaras