CHANGE MAKERS MICHELE KIM I @MICHELEBKIM I [email protected] PLANNERS AS MIAMI AD SCHOOL ACCOUNT PLANNING BOOTCAMP FALL 2014
CHANGE MAKERS
MICHELE KIM I @MICHELEBKIM I [email protected]
PLANNERS AS
MIAMI AD SCHOOL ACCOUNT PLANNING BOOTCAMP
FALL 2014
KEY THEMES:
THREE AGESBRAND PURPOSEBRAND BEHAVIOR
BRAND AS CONNECTORBRAND AS INFLUENCER
THE WHITE SPACE
storytellingcause related marketing
brand participation (allowing people in)
engaging through content“viral” marketingbrand personalityexperimentation
big data & analytics
est. ideas
solutionspurpose driven brands
brand as connector or curator (going where the conversations/things are)
adding value through utilityepisodic experiences
brand behaviorbuilding
using metadata
newer ideas
DISCUSSION
WHAT IS GOOGLE IN THE BUSINESS OF?
WHAT IS APPLE IN THE BUSINESS OF?
WHAT IS BING IN THE BUSINESS OF?
WHAT IS WARBY PARKER IN THE BUSINESS OF?
WHAT IS ACUVUE IN THE BUSINESS OF?
WHAT IS WINDOWS IN THE BUSINESS OF?
DISCUSSION
WHAT IS GOOGLE IN THE BUSINESS OF?
WHAT IS APPLE IN THE BUSINESS OF?
WHAT IS BING IN THE BUSINESS OF?
WHAT IS WARBY PARKER IN THE BUSINESS OF?
WHAT IS ACUVUE IN THE BUSINESS OF?
WHAT IS WINDOWS IN THE BUSINESS OF?
PURPOSE DRIVEN COMPANIES PRODUCT DRIVEN COMPANIES
INFORMATION
INNOVATION
VISION
SEARCH ENGINE
CONTACTS
OS, MOBILE DEVICE
1892-1946
the three agesEARLY INDUSTRIAL AGE MATURE INDUSTRIAL AGE EARLY INFORMATION AGE
1947-2006 2007-TODAY
1.0 2.0 3.0
TWO MAIN DRIVING FORCES FROM MATURING INFORMATION AGE
CONNECTIVITY & COLLECTIVE POWER
TRANSPARENCY & BROKEN TRUST
today’s world
1892-1946
the three ages
INFOBRAND PROMISE: OUR PRODUCT IS
BETTER
EARLY INDUSTRIAL AGE MATURE INDUSTRIAL AGE EARLY INFORMATION AGE
RTB
1947-2006 2007-TODAY
1.0 2.0 3.0
CLAIM
INDUSTRIAL REVOLUTION
NEEDS MET
NATURAL PROGRESSION
BASIC NEEDS
HIGHER NEEDS
BASIC NEEDS
HIGHER NEEDS
1892-1946
the three ages
INFOBRAND PROMISE: OUR PRODUCT IS
BETTER
EARLY INDUSTRIAL AGE MATURE INDUSTRIAL AGE EARLY INFORMATION AGE
BRAND PROMISE: OUR PRODUCT
WILL MAKE YOU BETTER
EMOTION
RTB INSIGHT
1947-2006 2007-TODAY
1.0 2.0 3.0
STORYCLAIM
EVERYTHING IS AMAZING AND NOBODY IS HAPPY
In the last 45 years suicide rates have increased by 60% worldwide. Suicide is among the three leading causes of death
among those aged 15-44 years in some countries, and the second leading cause of death in the 10-24 years age group
THOUGHTS
EMOTIONS
BASIC NEEDS
HIGHER NEEDSWE’RE STUCK HERE
DISCONNECT WITH NEEDS & HAPPINESS
MATURE INDUSTRIAL AGE - EARLY INFORMATION AGE
Products are created to fulfill
basic needs
AGE OF MANUFACTURED NEEDSBasic products are
made more accessible
Products created for manufactured needs =
YIELD WASTE
TRUST IN INSTITUTIONS & PROMISES BROKEN
NATIONAL SECURITY
HEROES FALL FAILED JUSTICE RELIGION & LEADERS
TRUST IN MEDIA & NEWS
UNETHICAL BUSINESS
UNEMPLOYMENTGUN VIOLENCE
NATURAL DISASTERS & CLIMATE CHANGE
THE FINANCIAL SYSTEM
THINGS CHANGED
1892-1946
the three ages
INFOBRAND PROMISE: OUR PRODUCT IS
BETTER
EARLY INDUSTRIAL AGE MATURE INDUSTRIAL AGE EARLY INFORMATION AGE
BRAND PROMISE: OUR PRODUCT
WILL MAKE YOU BETTER
BRAND PROMISE: OUR PRODUCT WILL MAKE THE WORLD BETTER
EMOTION PURPOSE
RTB INSIGHTBEHAVIOR
1947-2006 2007-TODAY
1.0 2.0 3.0
STORYJOURNEY
CLAIM
HIGH IMPORTANCE OF “GREATER GOOD” VALUES ARE GLOBAL
KEY COMPONENTS OF MEANINGFULNESS
Communethe need for connection,
relationships and community.
Justice the need for social orpersonal justice, to do what’s right, to be an
activist.
Authenticity the need to see
things as they are.
TOP VALUES FOR YOUTHS GLOBALLY
(Truth About Youth)
FIRST GLOBAL GENERATION
Iconoculture
CONNECTIVITY HAS ALLOWED THE SHARING OF VALUES, IDEAS,
EDUCATION AND EXPERIENCES TO CREATE A MORE CONSCIENTIOUS
GLOBAL CITIZEN.
ICONOCULTURE: BELIEF AND THE GLOBALIZED CONSUMER, US
20SOMETHINGS HAVE A LOT IN COMMON WITH THEIR GLOBAL
COUNTERPARTS
least
GNH BECOMES A MEASUREMENT OF
“SUCCESS”
90% of affluent people said ‘It's more important to be happy than to be
affluent’. – Truth About Affluence
COUNTRIES STRIVING FOR “HAPPINESS” OVER “PRODUCT”
People have seen their parents go the traditional routes and want to build their own paths to success.
$
Happy HERE
Miserable
$$$
DECLINE IN TRADITIONAL HIGH INCOME, LOW REWARD CAREERSINCREASE IN ASPIRATIONS IN FULFILLING LIFE CAREER PATH
PEOPLE CHOOSING A LIFE OF FULFILLMENT
NEED FOR TRUST & AUTHENTICITY COMES FROM BROKEN TRUST AND PROMISES
“Cause consumerism is not the same as eco-sensitive or green consumerism. Consumers today are looking beyond environmentally positive (or neutral) behavior to other sorts of behavior that they see as ethical. Cause consumerism embraces concepts such as fair trade, cruelty-free, and “no GMO”, as well as brands’ support of charitable efforts from breast cancer awareness to anti-poverty concerns. In other words, Cause Consumers are aware of their own deeply held values, and they see an opportunity to express and mobilize them in the purchases they make — not just as a fear response.”
CONSUMERS DEMAND PURPOSE DRIVEN BRANDS
Products are created to fulfill
basic needs
AGE OF AUTHENTICITYBasic products are
made more accessible
Products created for manufactured
needs
vs.Products created to
fulfill higher & unmet needs
NEW GLOBAL CITIZENS ARE BUYING WHAT THEY BELIEVE IN (AND CAN FEEL GOOD ABOUT BUYING)
72% of consumer respondents said
they had bought a certain brand because it supported a cause they believe in, a rise
from 64% in 2006 - Iconoculture
BUYING THINGS BUYING BELIEFS
BRANDS THAT AREN’T BUILT ON A CAUSE ARE RESPONDING TO A NEED FOR PURPOSE BY SHOWING MEANINGFULNESS IN DIFFERENT FORMS
H&M SHOWS FASHION COMES IN ALL SIZES
Meaningful experiences: Brands are increasingly demonstrating how their products and services can add meaning to people’s lives or enable fulfilling
experiences.
Meaningful messages: Brands are taking risks and becoming cultural influencers by taking a
stand in messages.
OREO GOES GAY
COCA COLA SPREADS HAPPINESS
SHARES MOMENTS OF LOVE & KINDNESS
size don’t mean shitunless it’s “slow”
“Giants are not what we think they are. The same qualities that appear to give them strength are often the sources of great weakness. And the fact of being an underdog can change people in ways that we often fail to appreciate: it can open doors and create opportunities and educate and enlighten and make possible what might otherwise have seemed unthinkable.”
- Malcolm Gladwell
52
NewsZagat
TVBritannica
Yellow PagesManufacturers
InvestorsBanks
Retail storesMusic industry
Washington Post
TwitterYelp
YoutubeWikipediaGrubhub
3D printingKickstarter
Community LendingAmazonSpotify
everything is being upended
Expertise & Education:
Prototyping:
Networking:
Funding:
Marketing:
Selling outlet:
Distribution:
Payment:
Credibility:
lowered barriers to creation
Innovations and access has democratized entrepreneurship by giving us lowered barriers to entry and creativity.
48% OF AMERICANS
WANT TO BECOME ENTREPRENEURS
Mashable Business News Daily
June 2013
convenience, cost, quality, expertise, trust
the things that gave big brands their strength are quickly being turned.
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we are all underdogs.[or we should at least act like it.]
that means, all brands - no matter the size - should behave as challengers.
The average life expectancy of a
Fortune 500 firm has dropped from 75
years in 1937 to 15 years today.
“By 2020, more than three-quarters of the S&P 500 will be companies that we have not heard of yet.”
- Professor Foster, Yale BBC
disruption is happening faster and faster and can be devastating
“Musicians used to make money selling music. Now Apple makes money selling music.”
TO SURVIVE AND GROW BRANDS MUST CONSTANTLY EVOLVE
why:missions don’t have one product or one solution.
missions push forward in every possible way, to further their purpose.
DEFINE YOUR BRAND’S WHY TO GUIDE THE HOW & WHAT.
BRAND RELEVANCE DEPENDS ON THE NEEDS IT IS SOLVING.
FUNCTIONAL NEEDS CAN BECOME IRRELEVANT.
A BRAND PROMISE DOES MORE THAN GIVE A BRAND IDENTITY, IT GUIDES BRANDS REINVENTION IN THIS NEW WORLD TO CONSTANTLY MEET AN UNMET NEED.
AS BRANDS TUNNEL VISION ON THE NEXT INCREMENTAL IMPROVEMENT THEY ARE OFTEN BLINDSIDED BY A
SMALLER FORCE THAT SAW A NEW OPPORTUNITY, BY FINDING AN UNSERVED NEED
SERVING NEEDS CREATING NEEDS
finding the blind spot
STATUS - IDENTITY - NEEDS
SERVING NEEDS
CREATING NEEDS
REAL INVENTION IS IN CREATING THINGS THAT
TRULY SATISFY OUR HIGHER
NEEDS.
REINVENTION VS. REAL INVENTION
IF WE ONLY ASK QUESTIONS ABOUT THE CURRENT “PRODUCT BUSINESS”
WE ARE IN, WE WILL MISS BLIND SPOTS
brands must evolve what business they are in and find new revenue streams through innovation, product creation, restructuring of business models and killing their own
products.
Stagnant brands need to shift from Product Pushers to Mission Drivers.
Shake client complacency, and relationships of old model.
Many things have changed, and things are only changing faster.
How does a brand manage to stay relevant and survive disruption?
Craft a brand mission that allows lateral growth in ways to solve for the mission, not just unit sales growth.
PLANNER ROLES AS CHANGE MAKERS
EXAMPLE: ACUVUE
Purpose driven: Give the world the power of vision.Product driven: Sell more contacts.
PURPOSE
EXAMPLE: ACUVUE
Reinvention:
Hydraclear Plus Technology for moister eyes(this has been their claim for 12 years)
Real Invention:
BLIND SPOT OPPORTUNITIES
Product driven: Sell more contacts.
Purpose driven: Give the world the power of vision.
Computer lens
Virtual windows to the world
Google Glass app development to correct color blindness
App for early detection for child vision health screenings for low income families
Eye controlled tech
THE BRIEF
CHALLENGE
BACKGROUND
SUCESS
BRAND X HAS A LONG-STANDING HERITAGE IN PHOTOGRAPHY AND COMMITMENT TO CREATING THE BEST CAMERAS. WHAT STARTED AS A PROFESSIONAL’S CAMERA, CAPTURING SOME OF THE WORLD’S MOST ICONIC MOMENTS [EVEN OF SPACE AND EARTH ITSELF] MAINSTREAMED DURING THE DIGITAL CAMERA REVOLUTION - WITH EVERYONE CLAMORING FOR THE EASE AND COMPACT SIZE OF A POINT & SHOOT.
TODAY’S WORLD IS DIFFERENT. THE ENTIRE CAMERA CATEGORY HAS BEEN DISRUPTED BY SMARTPHONES.
CREATE NEW BRAND POSITIONING THAT GUIDES THE PATH FORWARD IN HOW TO GROW THE BUSINESS. WHO IS OUR TARGET? HOW DO WE SPEAK TO THEM? WHAT DOES THIS LOOK AND FEEL LIKE? (MOOD BOARDS)
THE NEW POSITIONING SHOULD BE:
AUTHENTIC TO THE BRAND CAN BE LONG LASTING NEED AND PURPOSE RELATED EMOTIONALLY IMPACTFUL GROWS A FUTURE OF NEW REVENUE STREAMS OR CONSUMER CREATES RICH OPPORTUNITY FOR CREATIVE & BRAND BEHAVIOR
example positioning: nike
purpose
target
Empower the athlete in everyone to reach their full
potential & perform their best.
the athlete in everyone.
positioning personalityChallenging, motivational, coach,
inspiring, epic.Nike innovates the latest in sportswear
style and tech to give athletes the confidence to do what it takes.
insightit takes more than clothing. it takes discipline and motivation.
MASTER BRAND STRATEGY
campaign ideafind your greatness
strategic ideaeveryone has potential
campaign ideawrite the future.
strategic ideayou are in control
strategic ideayou are the maker of your own success.
creative ideajust do it.
challengeinspire motivation.