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Presented by: Kumud Bihani Krystle Williams Tammy Greene
30

Lovemarks Presentation

Dec 02, 2014

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Business

IA_Zappos

Summary of LoveMarks by Kevin Roberts for SI 658 Presentation
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Page 1: Lovemarks Presentation

Presented by:Kumud Bihani

Krystle WilliamsTammy Greene

Page 3: Lovemarks Presentation

1969-72 - Mary Quant Cosmetics, Brand Manager, United Kingdom.

1972-75 - Gillette, International New Products Manager, Europe.

1975-82 - Procter & Gamble, Group Marketing Manager, Export and Special Operations, Middle East/Africa.

1982-89 - Pepsi Cola, Regional Vice President, Middle East, President and Chief Executive Officer, Canada.

1989-96 - Lion Nathan, Director and Chief Operating Officer.

1997-Present - Saatchi & Saatchi Chief Executive Officer Worldwide

Page 4: Lovemarks Presentation

Products to Trademarks to Brands

Products are indistinguishable from one another

Trademarks are a mark of reliability and trust

35,000 Trademarks at the grocery store

Page 5: Lovemarks Presentation

BRANDS

Consistency

Quality

Performance

Value

Page 6: Lovemarks Presentation

Brands are now out of Juice

1) Brands are being overused

2) Brands are not mysterious anymore

3) Brands cannot understand the new consumer

4) Too many brands

5) Too many people following the same rulebook

6) Brands are relying on past rather than future

Page 7: Lovemarks Presentation

Brands Lack Emotion

Reason leads to conclusions, while Emotion lead to actions.

Page 8: Lovemarks Presentation
Page 9: Lovemarks Presentation

Truths about LOVE

1. All Human Beings Need Love

2. Love is a profound sense of attachment

3. Love is always 2 way

4. Love need not be glorious or romantic

5. Love takes time

6. Love cannot be commanded. It can only be given

Page 10: Lovemarks Presentation

The Love Bug had bitten even the “Techno Geeks”.

Page 11: Lovemarks Presentation

No Respect, No Love,

No Respect, No Love,

No Respect, No Love,

Period.

Page 12: Lovemarks Presentation

To Command Respect :

Page 13: Lovemarks Presentation

BRAND LOVEMARK

Information Relationship

Recognized by Consumers Loved by people

Generic Personal

Presents a Narrative Creates a Love story

The promise of quality The touch of sensuality

Symbolic Iconic

Defined Infused

Statement Story

Defined Attributes Wrapped in Mystery

Values Spirit

Professional Passionately Creative

Advertising Agency Ideas company

Page 14: Lovemarks Presentation

Creating LovemarksPrinciples:

Be PassionateIf you don’t love your business they won’t either

Involve CustomersBe committed to change

Celebrate LoyaltyThey must be full participants

Find, Tell & Retell Great StoriesThis opens up new feelings, meanings & connections

Accept Responsibility

Page 16: Lovemarks Presentation

What makes Lovemarks Stand out…

MysteryDon’t down play it!The public can’t get enough of it!

Page 17: Lovemarks Presentation

Mystery

How?Tell your storiesUse your past, present & futureTap into dreamsNurture myths & IconsBuild on inspiration

“As long as people have aspirations & goals & dreams they will always crave

Mystery. Whoever heard of anyone craving…statistics?”

Page 18: Lovemarks Presentation

What makes Lovemarks Stand out…

Sensuality

Sound Sight SmellTouch Taste& …Intuition

…the fast track to human emotions.When stimulated together create unforgettable results.Humans think in images.

Page 19: Lovemarks Presentation

What makes Lovemarks Stand out…

IntimacyLost when companies focused on their shareholders & not their

customers

Develop closeness & trust relating on a personal level

Caution! Can be contentious because its personal

Necessary to avoid commodification

Must talk & listen

Must give to get

Brands with intimacy achieve pet names

Personal. Sensitive. Continuous.

Page 20: Lovemarks Presentation

Intimacy – Who has achieved it?

Empathy. Commitment. Passion.Loyalty beyond reason.

it!

“ it to me…”

“Gimme a ud.”

Page 21: Lovemarks Presentation

Love & Respect.

No Respect. No Love. No Respect. No Love. Period.

Page 22: Lovemarks Presentation

The Lovemark Activity

• Shopping– Purchase and Consumption – Sustainability – Activism– Relationships

“What do they want out of the shopping experience?” and “How can we win Loyalty Beyond Reason?”

Page 23: Lovemarks Presentation

Shopping is…

• Shopping is necessary.• Shopping is emotional. • Shopping is primal.• Shopping is human nature. • Shopping is seductive.• Shopping is physical.• Shopping is local.• Shopping is global.

• Shopping is an experience.• Shopping is sensual.• Shopping is fun.• Shopping is social.• Shopping is responsible.• Shopping matters.• Shopping shapes us.• Shopping is life.• Shopping is winning.

Page 24: Lovemarks Presentation
Page 25: Lovemarks Presentation

Research

• Research is used to discover what we don’t know we don’t know, solve problems, and inspire us to look further and deeper.

• Research with curiosity -- wanting to know can transform research• Research is needed to transform brands into

Research Approaches

1. Climb a mountain

2. Go to the jungle

3. Think like a fish

Page 26: Lovemarks Presentation
Page 27: Lovemarks Presentation

Lovemarks & the people who own them...

• Inspirational Consumers: Caretakers of a Lovemark– Suggest changes– Ensure availability– Spread the word

Page 28: Lovemarks Presentation
Page 29: Lovemarks Presentation

“The journey of a thousand miles begins with a single step,” goes a Chinese proverb. To me, its

not the distance to a better world that matters. The journey is only as long as we believe it to be. What

counts are the single steps. The steps taken by Inspirational Players in their path towards creating

The actions of enterprising people to make a difference through Love.

Page 30: Lovemarks Presentation

Thank you!

http://www.lovemarks.com/