brand management in a digital world (lbs)

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As part of London Business School's Brand Management elective MBA module I was asked to present a session entitled "Brand Management for the digital world". In the closing session of the block week, we explored the opportunities that digital channels provide for Brand Management. We explored what the implications of the digital world were for brands. The digital traits that build great brands and how we can use experience, search and social to impact brand from digital channels

TRANSCRIPT

Brand Management in a Digital World

Ian Crocombe

Friday 12 September 2014 (Abridged)

My digital background

@iancrocombe

Planning Director

AKQA

VP Innovation

American Express Chief Strategy Officer

WPP POSSIBLE

2014 founded Evolver

@iancrocombe

We help companies master digital

-  Visions, Strategies & Roadmaps

-  Digital Business Transformation

-  Innovation Product Development

http://www.evolver.cc/

Today

§ Context: of brands and digital § Strategy: Digital traits that build

great brands § Tactics: How can we impact

brand from digital channels?

@iancrocombe

THE CONTEXT OF BRANDS AND DIGITAL

@iancrocombe

@iancrocombe http://www.moderntoss.com/

2014 : Digital is normal

@iancrocombe

Most consumers are on the internet

@iancrocombe Source: http://www.kpcb.com/internet-trends

Internet User Growth = +9% 2013 vs. +11% in 2012 = Solid, But Slowing

It’s becoming mobile

@iancrocombe

= Continues to Rise Rapidly... @ 25% of Total Web Usage vs. 14% Y/Yç

Source: http://www.kpcb.com/internet-trends

Consumers are multichannel

@iancrocombe Digital impact on retail “70/20/10” - Kantar Retail

Brands used to broadcast

@iancrocombe

Today everyone is a publisher

People trust people more than advertising

People trust people more than advertising

STRATEGY: DIGITAL TRAITS THAT BUILD GREAT BRANDS

@iancrocombe

Visibility

@iancrocombe

Velocity

@iancrocombe

Oreos “real time” work was mainly talked about on twitter

Virality

@iancrocombe

Authenticity

@iancrocombe

“Patagonia Rebels Against Black Friday Mania By Urging Repairs Of

Old Clothing”

https://www.youtube.com/watch?v=qvkwXcRsyT0 https://www.ifixit.com/Patagonia

TACTICS : HOW CAN WE IMPACT BRANDS FROM

DIGITAL CHANNELS?

10-14 @iancrocombe

1. EXPERIENCE: DIGITAL PRODUCTS AND SERVICES

10-14 @iancrocombe

“Advertising is the price you pay for having an unremarkable product or service” Jeff Bezos, 2009

Key brand touchpoint

@iancrocombe

Good brand experience?

10-14 @iancrocombe

Aim: “Gun shaped review”

Jason Calacanis “The Age of Excellence” http://blog.launch.co/blog/the-age-of-excellence.html @iancrocombe

2. SOCIAL FLUENCY

10-14 @iancrocombe

The internet became social

@iancrocombe

It’s what consumers do online

http://www.digitalsherpa.com/blog/how-social-media-has-changed-in-the-last-few-years/ @iancrocombe

Our expectations from brands

http://sproutsocial.com/insights/customer-service-response-time/

How quickly do consumers expect brands to respond?

@iancrocombe

Brand endorsement

Can you name these celebrities?

@iancrocombe

Youtube = millennial celebrities

Authenticity

3. VISIBILITY

10-14 @iancrocombe

100 billion searches per month in 2013

@iancrocombe

Organic vs Paid results

@iancrocombe

Organic impact of ranking

@iancrocombe

http://www.infonomix.co.uk/seo-services/

Search gives brand clues

@iancrocombe

Search shows intent

@iancrocombe https://www.google.co.uk/trends/

SUMMARY: BRAND MANAGEMENT IN A DIGITAL WORLD

@iancrocombe

You need a strong “360” strategy (normal branding rules apply)

but

there are executional digital opportunities to impact brand

@iancrocombe

Key learning

Digital World implications §  Consumers are spending more time in

digital channels §  Internet growth is slowing, mobile will be

the default method of access §  Consumers have multichannel relationships

with each brand §  Consumers are broadcasters, they shape

brands perceptions

@iancrocombe

DIGITAL TRAITS THAT BUILD GREAT BRANDS

VISIBILITY VELOCITY VIRALITY

AUTHENTICITY @iancrocombe

HOW CAN WE IMPACT BRAND FROM DIGITAL

CHANNELS?

EXPERIENCE SOCIAL SEARCH

@iancrocombe

Good luck in the digital world!

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www.evolver.cc

+44 20 3095 4101

@EvolverHQ

Ian Crocombe

ian@evolver.cc

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