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M&M’s Blog goes behind the headlines to offer a running commentary on the business dynamics within the international media and marketing industry. The M&M editorial team joins forces with industry experts and local market heroes to balance a bird’s eye view of global trends with the importance of local insight.

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Branding

  • What is an ‘experience’?

    07 May 2013

    Marketing speak. Non-stop buzzwords and 'bullshit bingo', right? We've all heard the jokes. But as the industry and marketing strategies constantly morph and evolve, language needs to be invented and created all the time. Sometimes meanings get diluted beyond the point of all recognition: ‘integrated’, ‘digital’, ‘engagement’, ‘social’, ‘content’ - these are now umbrella terms that serve generic purposes. They tick a box rather than offer definition.

    ‘Experience’ is one of the more recent additions to marketing vocabulary, and it's the frame through which we now talk about brands. Relationships between brands and consumers have changed exponentially, and the way in which brands interact with people is crucial to sustainability and profitability in the 21st century. But what do we mean by experience? And why do we think it is the best way to evaluate brands from here on out? 

    Here’s the why: Experiences form the basis of all types of human relationships. Our view on the world is entirely shaped by the personal positive and negatives experiences we encounter throughout our life. The more experiences we have, the broader, stronger and better informed our opinions. 

    But at this level, it’s still a little too obvious to be deemed a fundamental truth of marketing. If we dive into the relationships between people and brands that engage them, we can build a view on defining those specific experiences that drive brand recognition and loyalty. What would we specifically define as an experience with a brand?

    A visit to a retail store; a transaction at your bank, a lengthy phone call to customer service - these are the interactions that determine customer satisfaction, but don't individually create the experience of the brand. Customer satisfaction is short-term sentiment directly linked to specific, individual interactions. The overarching experience of the brand is a collation of each moment of interaction between the brand and the consumer, every single touchpoint.

    So you can begin to see where the definition has become diluted. Ad agencies would tell you that an experience is a thirty second TVC or a bus side; experiential agencies that it's an event; social media specialists that it's your Twitter feed. But real experiences cross genre and channel and defy blinkered assessments. Strong brands are aware that every single moment of interaction is a chance to build and to influence the way people feel. 

    An interesting consideration borrows from a neuro-psychological approach, that it’s in fact a consumer’s peripheral vision that is the most significant in brand perception. Overt messaging and experiences will resonate, but it’s the more subtle, seemingly inconsequential touchpoints that contribute to lasting perception. Whether it’s an overheard conversation or a billboard seen at a football match on TV, it doesn’t need to contain a particular tactical message. Rather it’s a signal that contributes to the formed opinion. It’s one puzzle piece added to another, all contributing to the experience of the brand.

    The most successful brands make a lasting imprint on a person as a result of continual, positive moments of interaction, regardless of size or context. It is these micro experiences that drive satisfaction, loyalty and emotional attachment.

    Brands of all colours are now being constantly challenged, scrutinised and held to account. Expectations are higher, news flows faster, and the demand for transparency, authenticity and loyalty is ever more precious. To succeed in the future brands have to re-evaluate the way they see themselves. Put yourself in the shoes of the consumer, and a brand can start to truly understand and define its own experience.

    By Toby Southgate, chief executive UK & Ireland, The Brand Union

    Comments (0) | Permalink

    Posted by: Bloggers' Gallery

    Tags: Branding

  • The year ahead for images

    25 April 2013

    In 2013 it’s believed the smartphone will become an everyday object worldwide*. It’s believed that sales will hit one billion over the next 12 months – an impressive milestone in the mobile world. It’s certainly a true testament to the ‘sharing age’ we now live in; people want to tap into information and divulge their experiences constantly, be it with their friends or brands.

    This of course presents a plethora of opportunities for companies, but with these opportunities come challenges. Brands are already working hard to remain contemporary and front of mind in the current economical climate and the increase in customer touchpoints and information portals means they will need to do even more to make sure they stand out from the white noise.

    One of the key ways companies can improve their prominence is via strong visuals, and this goes beyond a snazzy logo. Brands need to ask themselves whether the visual language they use represents their values and connects with their customers.  The imagery used by a pharmaceutical company, for example, will be different to that used by a fashion brand; much like copywriting each industry will have a different way of using visual language to speak to their audience.

    Creating a constant visual brand across the different media channels and platforms is going to be one of the biggest challenges brands will face in 2013. While smartphones, tablets and social media have increased the opportunities for brands to reach their audience, it also means that consumers are becoming more scattered so the need to provide engaging visual content is more pressing than ever.

    It is brands that are focused and try not to be all things to all people that will prosper when it comes to visual branding across multiple channels. One brand that will continue to succeed in 2013 is Apple. It has always had consistent and impressive communications, and customers recognise it immediately across all of its platforms; its reduced style stands out in comparison to its competitors.  Apple has successfully turned its visual language into a key decision-making factor for many people looking to buy an Apple product.

    Apple’s success has a lot to do with staying ahead of the game and responding to shifts in customer expectations when it comes to its branding. Much like the constantly changing trends in fashion, the visual industry also sees shifts in ‘in vogue’ imagery. It’s important for brands to keep tabs on these changes as they often represent the changing mood of the nation and brands need to reflect that in their branding if they are going to make an emotional connection with their audience.

    For example, we are currently witnessing a fascinating revolution in photography; namely how it is used and its social purpose and function, which directly impacts on the use of visuals in marketing and advertising communications.

    Photography is now fast, mobile, social and more authentic; people want to see real images. We are now seeing some brands use consumer generated content in creative ways to engage with their audience. This year will see other brands adapting the visual language they use to reflect a feeling of authenticity and realism in their branding.

    If brands address their visual branding and ensure it is consistent across all touchpoints and conveys their values, there is no reason why they won’t be able to connect with their consumers in ‘the year of the smartphone’.

    (*According to a study by Deloitte) 

    By Michaela Schwing, creative planning manager, Getty Images Europe 

    Comments (0) | Permalink

    Posted by: Bloggers' Gallery

    Tags: Mobile, Apple, Branding

  • WFA Global Marketer Week: Putting the ‘P’ in marketing

    13 March 2013

    If there’s one word that stole the show at this year’s WFA Global Marketer Week in Brussels, it was ‘Purpose’. Indeed, even a survey carried out by the WFA and Edelman found that some 83% of marketers believe that brands should have a ‘purpose’.

    Brands need to put purpose into their marketing – they need a purpose to thrive. And that’s exactly something that Diageo’s global chief marketing officer Andy Fennell highlighted during his presentation to a room full of chief marketing officers. “We simplify things. We ask ‘What’s the brand’s purpose’? We don’t talk about the benefit anymore,” he said.

    But do marketers fully understand this idea of ‘purpose’? The WFA survey found that 88% of marketers feel that purpose will be important to building brands and 81% feel that purpose is a business opportunity. But what is purpose? Well, it’s giving consumers a broader understanding of your business, creating programmes and doing something meaningful for society.

    And which brands are doing this best? Global marketers themselves vote Unilever, P&G and Coke as leaders in the pack in terms of ‘Purpose’.

    The idea of ‘Putting the P in marketing’ all started in the morning of the conference, when Johnson & Johnson global marketing group vice-president Kimberly Kadlec said that the brand has introduced 4 ‘P’s’ into its marketing mix – Purpose, Presence, Proximity and Partnership – which of course, has only been relevant since social media took the world by storm and completely reflects the consumer expectation that brands should be offering consumers more than just product. “You need to go back to basics,” she said. “How do we add value? If you add value you really will grow your business.”

    Other highlights from the conference included a presentation from Ogilvy Group chairman Rory Sutherland, who posed the question: “Is the next big technology not a technology at all?” He argued that the next big thing isn’t tech at all, but psychology and encouraged people to read economics.

    Keep an eye out for M&M Global's interview with Diageo’s global chief marketing officer Andy Fennell, who talks about the importance of seeking growth in emerging markets and how the golden era of marketing is ahead.

    Comments (0) | Permalink

    Posted by: Jenni Baker

    Tags: Purpose, Advertising, brand awareness, Branding

  • What makes a category champion and why are they important for your brand’s health?

    19 February 2013

    For any given category you will find different types of influencers – people that others listen to and can have an impact on consumer brand choices. There are Connectors who have a wide network of people they talk to, Mavens who know a lot about their subject and are willing to share that information with others and Sales People who, because of their knowledge, are able to convince others. But the ultimate group of super charged influencers are the Champions who display the characteristics of all the above. Get close to these people and a brand can have a powerful force on its behalf, multiplying the impact of its ad spend.

    The latest research conducted for the inTV group, by InSites Consulting, measured the power of conversations across six brand categories (Banking/Finance, Travel Destinations, Tablets/Smartphones, Watches, Cars, Airlines) focusing on the big five European markets (UK, France, Germany, Italy and Spain).

    The research showed that Champions vary by category and some are more elusive than others. Travel Champions are the most prevalent, with 8.3% of the 1,600 surveyed being identified as such, whereas watch Champions were harder to find at only 1.4% of the survey.

    And not all Champions are the same; for example, as far as I’m concerned a car is a means of transport that gets you from A to B and which come in a range of different colors – end of story. However, when it comes to smartphones I have done my research, I have very specific opinions and I am not afraid to share them – including a Twitter tirade last year when my phone died and service levels were sub-standard.

    As a woman, I find it somewhat depressing to report that females do not make particularly good category Champions.  Overall only 35% of women classify as category Champions. This is worst for the car category at only 19% women, (which means I am helping to fulfill that particular stereotype) and best in the travel category with 48% being female. 

    There are also differences between the age and income profile of category Champions. Banking/Finance Champions tended towards the mature end of the scale and Smartphone Champions are more youthful (I would like to say that I fulfill this stereotype but my birth certificate disagrees).

    Income also plays an important role; almost 70% of all category brand Champions were within the top 20% of income earners – this was most important for the watch category where 86% were in the upper income bracket.

    However, the single element we found that had the greatest impact on whether an individual was classified as a category Champion or not – was their choice of TV channels. The inTV group is made up of independent international TV channels.  People choose to watch these channels, in whichever country they happen to be in, have made an active choice to watch a channel outside of the mainstream, the programming is largely factually based (something Champions love) and the channel provides them with an alternative, more international view point (again a big bonus for Champions). International TV viewers are four times more likely to be an airline Champion, 2 ½ times more likely to be a banking Champion and over 6 ½ times to be a watch Champion!

    The in-depth research study also told us:

    • - Which brands consumers love to talk about most? (14% of respondents had been talking about my smartphone brand - which I have forgiven since the debacle of last year)
    • - Identified what tone of voice consumers use across different categories?
    • - How Champions can move your brand down the purchase funnel. 

     

    Check out the full presentation on SlideShare or talk to anyone of the member channels, who are: BBC World News, France 24, ESPN Classic, Euronews, Eurosport, National Geographic, Sky News, CNBC and TV5 Monde

    By Belinda Barker, director at BSBMedia, chairperson of the inTV Group

    Comments (0) | Permalink

    Posted by: Bloggers' Gallery

    Tags: Online, Social, Branding

  • Geordie Store – Why eye man!

    04 February 2013

    I’m a big fan of reality TV – and in particular, of MTV’s Geordie Shore. So any excuse to talk about the show I’m there! But while the title of this blog might suggest that I’m talking in some ‘made-up’ language (that, or I’ve just gone a bit crazy!) I’m actually referring to a phrase used in the opening credits of the hit MTV series.

    You also might think that I’ve made a typo in the name, but I haven’t. MTV UK, the makers of Geordie Shore, today launched an official online merchandise shop where fans of the show can purchase items from the ‘Geordie Store’. (I’m getting to my point, I promise!)

    The show, which has broken records as MTV UK’s highest rating franchise ever, has become renowned for a wealth of famous trademark quotes and phrases – ‘Worldie’, ‘On it like a car bonnet’, ‘mint banter’, ‘cannie lass’ and ‘let’s get mortal’... to name but a few! And now consumers can buy a range of products donning the words and phrases listed above.

    Geordie Shore is the most successful show ever on MTV UK, with episodes from series three and four attracting over one million viewers,” says MTV UK vice-president of marketing Jo Bacon. “The show has over seven million social media followers, the cast have become celebrities in their own right and consequently their language and phrases have become part and parcel of everyday speech. So it is the perfect time for MTV to launch Geordie Store.”

    Built and managed by e-commerce business Sandbag, the new online store will sit on the mtv.co.uk site and new products will be available to pre-order alongside the live transmission of each episode. Originally started in the UK, the show’s success has resulted in MTV’s recent decision to air the show across all MTV international channels. The ‘Geordie Store’ will initially be available in the UK but MTV hasn't ruled out plans to roll it out internationally.

    And now to my point.

    It’s an interesting move for MTV and the perfect example of this shift we are seeing in the industry where media owners are becoming retailers. It’s a hot topic of the moment, as the growing trend for brands to become publishers (and vice-versa) is changing the relationship between advertiser, media owner and agency.

    Are we in the midst of a transition that will see retailers becoming content companies and content companies becoming retailers? This is something that will be explored at this year’s The Festival of Media Global under the theme: ‘From content to commerce’. Keep an eye out for the latest announcements regarding the Festival agenda.

    The Festival of Media Global takes place from April 28-30 in Montreux, Switzerland.

    Comments (0) | Permalink

    Posted by: Jenni Baker

    Tags: Content, E-commerce, Branding

  • Nestlé vs Cadbury: What does it mean for food manufacturers?

    09 January 2013

    First, the colour purple, now, the shape of a chocolate bar – Nestlé has triumphed in the latest stage of a series of legal spats with Cadbury. The confectioner has been allowed to stop rivals producing products in the shape of its famous four-finger KitKat after a European-wide ruling from the board of appeal at the Community Trade Mark Office (CTMO).

    Nestlé will be delighted with this ruling from the CTMO, having lost out to Cadbury before Christmas over the right to use the colour purple on its packaging.

    Design rights have a relatively short lifespan and Nestlé’s, which relate to its four-finger chocolate biscuit, expired long ago. However, with the recognition that shapes can fulfil the function of a trade mark, canny businesses have been quick to re-protect their intellectual property rights, not least because unlike design rights, trade mark rights can last forever.

    Nestlé’s three-dimensional trade mark registration for KitKat now sits alongside other well-known shapes such as Kraft’s Toblerone, which is registered for its unique triangular shape. Similarly, Coca-Cola’s distinctive curved bottle, although no longer protected by design law, now enjoys indefinite trade mark protection so long as it remains in use.

    Although obtaining trade mark registration can be difficult, it is worth food manufacturers actively considering this sort of protection for products with distinguishing appearances. Not only will they be able to stop their competitors from copying a design more easily, but such registered IP assets will add significant value to their businesses.

    By Ed Meikle, intellectual property partner, DWF’s food sector group

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    Posted by: Bloggers' Gallery

    Tags: Branding

  • The philosophy of brands

    08 January 2013

    How would a philosopher deal with the brand challenges that marketers face every day? Matt Mee, European strategy director at Mediacom asks Vincent F. Hendricks, Professor of Formal Philosophy at the University of Copenhagen, about brand ambition and the need for a broader agenda.

    Matt Mee: What does a brand mean to a philosopher?

    Vincent Hendricks: To me, brands are signal exchanges between a company and a designated part of the public.

    Basically, branding is a signalling game; if you use a Mac, you are creative, successful and a free thinker; if you drive a luxury auto, you are successful in business and perhaps in your personal life, and so on.

    These signals can be very strong. What Apple is also selling is a lifestyle, or the impression of a particular kind of lifestyle. And that goes for many other well-established brands, as well.

    No brand wants to come across as being unattractive. So you tell a story, establish a narrative and frame a message in such a way that you hope has public appeal.

    Matt: So while social media lets us pretend that we’re all individuals, the role of brands as social currency undermines that?

    Vincent: People seem more narcissistic now than they ever were, and social media plays a crucial role here. Everybody wants to present themselves as being original, unique, fulfilling their own individually defined goals, being attractive and interesting, etc., and social media comes in handy for boosting these kind of signals.

    But at the same time, everybody is subscribing to or converging on the same values. We have never been so alike in our actions and decisions. Everybody wants a Burberry, Mac or a Gaggenau kitchen. But why?

    It all comes back to the signalling game. If success is presumed to be expressed by buying a new car, then in order for me to show everyone that I am successful, I have to acquire the signal itself. It’s like with currency: I only accept the currency that everyone else has agreed upon and accepts. It’s unequivocally demonstrating my success, so everybody feels uniquely successful, and yet everybody is the same because that’s how the signalling game works. Brands are in the business of signalling success.

    Matt: So a successful brand is one that attempts to emulate or deliver those signals, to the point where it becomes a kind of societal norm?

    Vincent: That’s right, but many brands don’t quite get that far. For the ones who do, the signal value is massive.

    Matt: At the crux of what you’re saying is that brands need to create signalling effects. How do they do that?

    Vincent: The majority of firms are in the business of making money. That’s fine, but I would like companies to be more ambitious than that. They need to support things that are important to society, like properly formatted and presented information: information that could be used for decision-making.

    The financial crisis has shown us that when people get the wrong kind of information, they may make terrible decisions, get caught in bubbles, lemming effects, echo-chambers and so forth.

    Brands need more ambitious agendas that we value in this world. Wouldn’t it be something to see a fragrance brand sponsor peacekeeping missions in the Middle East? A global societal ambition for an otherwise vanity-driven business: now that’s novel and innovative!

    Long-term Commitment Needed

    Matt: How can this happen in a world in which corporations are becoming increasingly short-term in terms of their outlook?

    Vincent: Substantial ideologies are never implemented overnight. You have to change people’s mindsets, you probably have to change some of their value set, outlook, perception, incentives and so on. There are many preconditions to making such a change work, but it’s not impossible. Most branding needs to be short-term: you want to get people right here and right now, but that need mustn’t preclude longer- term ambitions.

    There’s a sort of prisoner’s dilemma with these things: if everybody is out to maximise utility for themselves, then everyone may experience a suboptimal outcome. No country in the world is going to be able to solve the climate crisis alone. No country in the world is going to be able to solve the financial crisis alone. No company can make a global social difference alone. These fundamental problems can only be solved if we all move and work together.

    Obviously, there has been a lot of conversation about the duties of commercial organisations to pursue an agenda of positive social consequence, and the need for their foundations to be moral or ethically correct. But corporate social responsibility should not merely be a point on the company agenda – it has to be an ambitious societal agenda.

    Matt: Ultimately, what you’re saying is that too many brands have been pushing the status quo in the short-term, without really looking at what’s coming around the corner or acknowledging problems that require long-term collective action.

    Vincent: Each behaves as if it’s the maintenance guy, which is fine. But maintenance does not mean progression for the better: maintenance means maintenance. If your brand wants to be more influential, you need to have an ambition worth something. That’s innovative. Ambitious brands produce what consumers don’t expect, not just more of what they do.

    By Matthew Mee, strategy director, Mediacom EMEA

    This blog post was spotted in Blink: The Passion Issue

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    Posted by: Bloggers' Gallery

    Tags: Social Media, Apple, Branding

  • How to protect your brand from ‘complaint broadcasters’

    19 November 2012

    Consumers are increasingly looking to their peers for guidance when considering a purchase, which means that ‘social validation’ now accounts for a significant share of how purchasing decisions are made.  As a result, it’s never been more important to ensure that disgruntled customers are dealt with quickly, carefully and effectively, before any negative perceptions of the brand can be spread.

    It used to be that unhappy customers would complain to the company directly, and perhaps share the details of their experience with a few friends and family members. Generation Z, however, is a lot more technology savvy, and these consumers will only approach the company directly when they have been seriously aggrieved, as they tend to use social media to vent their frustrations to the wider public otherwise. This change in consumer behaviour has led to the rise of ‘complaint broadcasters’, the name given to consumers who will again and again take their grievances to social media for the whole world to see.

    In light of this fundamental shift in the way customers communicate, it is essential that companies of all sizes have the right mechanisms in place to listen to and manage incoming complaints effectively. Once the validity of the complaint has been confirmed, the business can then take the necessary steps to deal with the problem and resolve the issue with the customer. This will not only involve satisfying the consumer complaint in a private context, but also on social media, where the complaint has been broadcast.

    New businesses, in particular, are in a prime position to start off with this more willing and proactive approach by tuning in and managing the on-going loop of customer feedback from the start, and demonstrate to their more established peers how customer feedback can be managed effectively to reap business benefits and maintain a clean online image. Depending on the validity of the complaint, complaint broadcasters can pose a huge threat to a company’s brand, but having the necessary mechanisms in place will make this process a lot easier to manage.

    Ultimately, a customer-facing business is always going to receive complaints, but having systems in place to identify problems before they become complaints will help to minimise any negative impact on the business. Having open communication and complaints channels will bring the voice of the customer into the heart of the business, which is exactly where it should be.

    by Andrew Aldred, head of marketing, Mycustomerfeedback.com

    Comments (0) | Permalink

    Posted by: Bloggers' Gallery

    Tags: Social Media, Branding

  • Brand as we know it is dead

    08 March 2012

    By David Hing, M&M Global

    The slide on the wall was split in to two halves. On the left were recognisable, everyday Google brands and features. On the right were names like Google Wave, Buzz, Orkut and Froogle. The point that The Brand Union was trying to make? That if you want to gain the respect of your consumers, you should take a little risk like Google and not be afraid to clock up a few misfires.

    In a talk titled 'Brand as we know it is dead', Sue Daun and JR Little of The Brand Union at The Economist's Big Rethink conference ran through a list of suggestions for companies and brands to adapt to our digital age and get the most out of their consumers, but the idea of experimenting and taking risks definitely grabbed my attention.

    Explaining the 80/20 rule, JR Little suggested that 80% of what you do as a brand should be as you prescribe and plan. The other 20% should be more flexible and much less prescriptive. The case study he used for this was the above mentioned Google, stating that maybe if they didn't go out on a limb with Wave or Buzz, Google+ would never have seen the light of day, and that the internet giant gains a lot of goodwill from its customer base by showing the odd flaw and maintaining a certain degree of transparency.

    He also highlighted the idea that if you are marketing a brand, you should occasionally let your marketers do what they want to and not suffocate them with strict guidelines. They will have got into the business because they have a flair for creativity and good ideas, so why not let them run with them occasionally?

    Above all, the talk emphasised the requirement to be increasingly flexible whilst remaining true to your core focus as a business in order to have more meaning for your consumers. "The worst thing that can happen is for your consumers to get to your destination before you do," says Little.

    Please now excuse me for five minutes whilst I remember Google Wave and mourn its passing.

    You can follow updates from 'The Big Rethink' on Twitter using the hashtag #bigrethink

    Comments (1) | Permalink

    Posted by: Bloggers' Gallery

    Tags: Creativity, Consumer insight, Branding

  • Communicating with meaning

    08 March 2012

    By David Hing, M&M Global

    I would love to see the future described by Alex Gordon at The Economist's Big Rethink conference today.

    I want him to be right and I want the future of consumerism to be about play, puzzling, story telling and creativity. In his talk, titled 'Semiotics and the Consumer: Communicating with Meaning', he invited the audience at the conference to imagine a world in the not too distant future where the consumer seeks out pleasurable, cultural and meaningful experiences rather than the acquisition of products, where you go shopping to enjoy it and end up buying goods almost by accident. The end product could become a consequence rather than a purpose, or a physical memento of the activity to remind you later. 

    A world of increasing meaning over shallow acquisition could be an accurate reflection of present attitudes. Gordon gave an example of a brand encouraging play through its advertising with Volkswagen's piano staircase installation at a subway station, which got commuters leaping gleefully up the stairs instead of trudging along the adjacent escalator by making the stairs play a tune in response to their steps. 

    The idea of regaining cultural capitalism and making the shopping experience fun and engaging rather than purely functional may also be a matter of perspective. Regardless, the idea that consumers want to play more and enjoy their capitalism is one that brands would do well to get on board with. For all the talk of this being the future, there are enough people being increasingly playful already to make this the present.

    You can follow updates from 'The Big Rethink' on Twitter using the hashtag #bigrethink

    Comments (1) | Permalink

    Posted by: Bloggers' Gallery

    Tags: Consumer insight, Branding

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