Showing posts with label Brands. Show all posts
Showing posts with label Brands. Show all posts

Saturday, December 20, 2014

The top 10 most meaningful brands in the world


“Move from [product] differentiation to actually making a difference” Umair Haque, the director of the Havas Media Labs and Harvard Business Review blogger

Making your brand promises matter

Earning your way into a consumer’s heart is something that we know is important. Helping consumers feel something positive is the goal, convincing someone of purchase can only be an easier win as a result, surely?
The case for this being important, I think we’d agree, has never been as strong, when so much of marketing success hinges on forming connections with consumers, earning even seconds of their valuable time.
This at a time when despite the billions of £/$’s spent on marketing, Haque’s latest report states that consumers just don’t care - 73% of people don’t care if the brands in their life disappeared tomorrow. Ouch, and yet so obvious. If consumers are that indifferent, then we have to make them feel, we have to add real value.
“The real story of the global economy is this: institutions aren’t delivering the level of well-being that people want, need, and expect… The next global economy isn’t just about stuff, it’s about human lives.” Umair Haque, Director of the Havas Media Labs

21st Century brands need to add value

An increasing group of companies are striving to focus on improving lives – whether they plan to our not. These companies are leading the Havas Media’s second annual Meaningful Brands Index, which was released today. I don’t doubt the effectiveness of this, though I do question how many of the brands in the top 10 are on there! It got my attention because of one reason, there’s a related financial result: The Havas index Brands would have outperformed the stock market by 120% last year.
Proof in the pudding? You’d have to say so. This year’s expanded survey, involving over 134,000 people in 23 countries and their impressions of more than 400 brands confirmed the learning from last years findings. Confirming that Brands that “make life better” are thriving. Brands that don’t are being punished.
“Instead of putting up another campaign of billboards with celebrities saying ‘Buy our shoes, they’ll turn you into a master runner,’ Nike+ actually helps makes you a better runner. That’s a constructive way to build a meaningful brand.” Umair Haque, Director of the Havas Media Labs
Here’s last year’s video – worth a watch…

What’s ‘meaningful’ anyway?

It’s important to recognise that we’re not talking worthy brands here (after all – consider those on that list), it’s not about improving the world, more a case of being perceived to improve someone’s life, which may or may not involve the former. Haque also points out that ‘improving the world’, the environment or society is becoming more important.
Interestingly though this years list features Google in first place, then: Samsung, Microsoft, Nestle, and Sony. I’m unsure why Sony over Apple, though given the global nature of the survey Apple likely remains more for developed markets, with more disposable income, maybe that’s why? Anyway, not obviously meaningful, so maybe there’s hope for the rest of us yet :-)
The top 10 Meaningful Brands in the last year:
1: Google
2: Samsung
3: Microsoft
4: Nestle
5: Sony
6: Ikea (tie)
6: Dove (tie)
7: Nike (tie)
7: Wal-Mart (tie)
8: Danone
9: P&G
10: Philips

So how do you create a brand that matters?

Haque, as experts before him, is saying that we need to move out of the industrial age of outputs, new widgets and just selling more ‘stuff’. We need to move brands – as the bridge from product to consumer – to being useful with tangible human benefits. This is a big, big move for most. A total re-think in how the business thinks and, the elephant in the room, what shareholders want to see in ‘return’ this year often works contrary to such lofty goals.
After all, the short term, factory output thinking is born from a system designed to reward the opposite to what Haque is saying – “That requires rethinking organization, strategy, and especially marketing. It means rebuilding organizations to measure and track human well-being. It means crafting a human strategy, to deliver higher levels of well-being across a company’s constituencies, at two, five, and 10 year intervals. And it means investing in marketing which doesn’t merely promise shinier stuff to people–but ignites higher levels of human potential in them.”
I find it inspiring that brands can start simple. Whether it’s IBM’s smart and useful advertising, designed ‘to help people’…
or Nivea’s inherently useful solar advertisement charger…
It’s simple, isolated, useful marketing. Marketing worth talking about? Will your brand win a meaningful award? Probably not, but it’s the principal and the above two examples are a start – this doesn’t have to be a quantum leap in product development initially, though of course smart marketing can only go so far.

Dove demands that #wearebeautiful

I think Dove are, from a marketing stand-point, a great example. After all it’s just soap. Yet after seeing the latest incarnation of their campaign a few weeks ago I have been meaning to write about them, their position on the Havas list just compels me further. This is for one simple reason… it’s rare to see a brand genuinely own an emotional benefit that matters, in my opinion.
Can you think of another one easily? Dove keep building on their central emotional benefit, as a result the brand is increasing its’ momentum online. Trying new channels and tactics such as Tapestry.
The secret is knowing your customer, clearly Dove do. They’ve found an insight that aligns with their brand and makes people feel connected to the brand, and each other. To stand for something that resonates so strongly and comes across as genuine. Women can believe in Dove’s marketing as a result. The evidence is that this video has been viewed almost 55 million times in the past 60 days, it was views 27 million times in the first 10 days.
Dove
It’s arguably a little contrived, possibly even negative in that they’re, we could argue, creating a problem in order to solve it? It’s a hard line for a brand to walk though. That said, the sheer volume of numbers and interest appears to tell us that the brand is resonating with an audience, on a scale a super brand would die for, so who are we to judge. The results speak for themselves.
The campaign goes beyond the YouTube clip. It’s been shared on Facebook thousands of times, and users — including major women’s media brands — are tweeting about it or using the #wearebeautiful hashtag on Twitter. Not to mention all of those in-person conversations that can’t be captured online or quantified
dove tweets

Will it drive sales?

Of course this is what Dove want to know, and as a marketer always keen to learn, I do to! Time will tell and we will follow this up to answer the question. What we can feel assured is that Dove will earn more valuable attention, a number of people will now feel something when they see instore promotions and they are very likely going to have a more time for Dove the next time that the brand has something to say. It’s apparent that Dove is building relationships with existing and potential consumers.

A final word from the Havas report’s author, Umair Haque

Though it seems unrealistic to imagine a world of brands that only positively impact lives, it’s realistic for many. The nasty, cheap companies that rip off and cheat will always exist. And let’s not forget politics, with Google (amongst other tech giants) possibly implicated in the NSA scandal – we’ll likely always have government supporting rip-off and disliked sectors such as fuel, finance and farming, and it appears, manipulating the tech industry too.
But maybe we can take inspiration from Dove, or IBM even, to start with our marketing, start change and make the negative the unusual. Haque thinks so, “Those that can do so successfully will probably build the great brands–and the great institutions–of the 21st century.”
What do you think – is ‘meaningful’ the way for successful marketing in the future?
If you’re interested in Haque’s book, find that here: Betterness: Economics for Humans.

About Creating Great Advertising

5 great Ads based on a unique Consumer Insight

http://beloved-brands.com/2012/12/06/consumer-insight/What is an Insight?

Insight is not something that consumers ever knew before.  That would be knowledge not insight.  It’s not data or fact about your brand that you want to tell.  Oddly enough, Insight is something that everyone already knows. Insight comes to life when it’s told in such a captivating way that makes consumers stop and say “hmm, I thought I was the only who felt like that”.  That’s why we laugh when see the way that insight is projected with humor, why we get goose bumps when insight is projected with inspiration and why we cry when the insight comes alive through real-life drama.
Dove “Real Beauty”
We know that the women we see up on the runway are size 2,  103 pounds and likely 17.  We know the movie stars have had plastic surgery.   We know that print ads, even with the most beautiful women, have been photo-shopped.  There are real problems in our current society with anorexia  anxiety and depression about appearance.   Dove’s insight of “Women in all shapes, sizes, look are still beautiful.  Let’s stop idolizing the fake and start living in the real world.  Let’s be happy with what we look like”.    Women connected with this insight because they already felt that way, but were just glad someone was finally saying it.
Benylin “Take a Benylin Day”
Can you ever imagine a cough medicine telling their consumers to take a day off?   This one is one of mine, so I know it well.   Let me share the science of cough medicine.   A cold lasts 7 days WITHOUT cough medicine.   And a cold lasts 7 days WITH a cough medicine.  The big drug companies fear you’ll ever find that out.  But in reality, the real role of the cough medicine  is not to cure you but to comfort you.  The insight here is that “having a cold really sucks, trying to fight through it and get to work really sucks, I know in the back of my mind I should call in sick and get better”.   Benylin captured consumers who already knew this insight and were happy that someone was giving them permission to take a day off and rest.
Ikea “It’s just a lamp”
It’s a gutsy move by Ikea to admit that their furniture is disposable.  But in reality, Ikea has loyal fans that keep coming back to the store.   This Lamp ad captures consumers who connect to the insight about “whey hang onto this old lamp, it’s crazy, just get this year’s better model”.

Stella Artois “Home from the War”
Stella is a premium beer, not for all occasions.  It’s worth savouring, not wasting on the every day moments.  Here is a son returning from war, his dad is so relieved to see him and the obvious moment is to give him a Stella to celebrate his return.  But, the dad views Stella was such a high regard that he still won’t “waste” the Stella on the man who saved his son.

Nike “Find Your Greatness”
There is a fat kid in all of us.   This ad was aired during the Olympics when the best of the best are celebrated and those who come 4th are chastised.  Working out is good for all of us, no matter what your own personal goals are.  We don’t have to push to win a gold medal to be motivated to get out there and run.

If you are in the mood to see other great advertising, here’s a few other stories:
To see a training presentation on getting better Advertising: 

Follow me on Twitter at @grayrobertson1
Other Stories You Might Like
  1. How to Write a Creative Brief.  The creative brief really comes out of two sources, the brand positioning statement and the advertising strategy that should come from the brand plan.  To read how to write a Creative Brief, click on this hyperlink:  How to Write a Creative Brief
  2. How to Write a Brand Plan:  The positioning statement helps frame what the brand is all about.  However, the brand plan starts to make choices on how you’re going to make the most of that promise.  Follow this hyperlink to read more on writing a Brand Plan:  How to Write a Brand Plan
  3. Turning Brand Love into Power and Profits:  The positioning statement sets up the promise that kick starts the connection between the brand and consumer.  There are four other factors that connect:  brand strategy, communication, innovation and experience.   The connectivity is a source of power that can be leveraged into deeper profitability.  To read more click on the hyper link:  Love = Power = Profits

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Wednesday, April 4, 2012

What explains the success of some very old Indian Brands?


Many brands have proved there is gold in old. What explains their success?


'Dudh si safedi, Nirma se aaye, rangeen kapda bhi khil khil jaaye'. Did you just read these words or find yourself humming them in your head? Most of you would surely be able to complete the rest of the jingle - 'sabki pasand Nirma, washing powder Nirma!'.


It's been over 30 years since this jingle was first aired. But even today, it stays intrinsic to the brand's proposition. The company has changed the accompanying story board over time but never once tinkered with the simple but catchy jingle, making it easily one of the most well recognised brands in India. Or, as experts say a 'heritage brand'.


Nirma is not a lone ranger though. It has abundant company in the hallowed halls of such brands which have proved old is indeed gold. Such examples range across product segments - Amul, Thums Up, Parle G biscuits, Dettol, Cadbury, Lux soaps, Nivea to name a few. Despite being decades old - some are even a century old (Nivea celebrated its 100th year in 2011) - these brands continue to be hugely successful. Their success begs the question: what's the secret?


The jingles (like Nirma's), the logos (like Thums Up's), the packaging (like the Nivea blue tin) or the mascots (Parle G's girl on the wrapper) can play an important role in creating an everlasting imprint on the consumer's mind and are key for building visual association. Beyond that, there are several contributors.


As per R S Sodhi, MD, Gujarat Co-operative Milk Marketing Federation, the owner of Amul, "The key factors are trust and managing a continual young look, much like Amul's butter girl, always six-years old." Brand experts too corroborate this view. They feel heritage brands like Amul have lasted for so long as they have delivered consistent quality, allowing consumers to trust them. A lapse on this front can result in irreparable damage to the brand.


Remember the worms found in Cadbury chocolate a few years back? The company salvaged the situation by introducing new packaging and a new brand ambassador, Amitabh Bachchan. While its efforts at restoring the consumer's confidence are applauded, experts say the company could ride out the storm mainly on the back of its brand equity.


As for the image management - "These brands may be 80 - 90 years old, but they have managed to stay contemporary to connect with the new generation," adds Jagdeep Kapoor, CMD, Samsika Marketing Consultants. Or more importantly, stayed relevant.


Failure to do so can mean death for brands. Like Kodak must have discovered. A pioneer in camera film space, the company struggled to adapt to the shift from film to digital photography, leading to its bankruptcy earlier this year.


Brands must therefore stay relevant by renewing their offerings or introducing product extensions and keeping them in line with the market. For example, a third of Nivea's sales come from brand extensions that have been launched in the last five years. Some have retained the product and stayed contemporary through new brand ambassadors. For example, Thums Up, which retains everything including the look of the bottle but have kept on changing brand ambassador through the years.


Or, take the example of Dettol. The brand, when it was launched in 1936, offered just the antiseptic liquid. Over the years, extensions as varied as prickly heat powder, mouth wash, soaps and shaving cream were introduced and tested. With time, the company's (Reckitt Benckiser) focus areas emerged in the form of soaps, liquid hand washes and hand sanitisers and have met with success.


Those who have failed to do keep themselves contemporary have simply faded away. Ambassadors, HMT watches, etc are the best examples of this.


"Each brand has a core value. Dettol has always stood for hygiene. Leveraging this core quality and extending it to allied products like soaps works for the brand as well as makes it easy for the consumer to continue associating a specific image with the brand," says Harish Bijoor, CEO, Harish Bijoor Consults.


Moving away from this core value may backfire. Take the example of Amul. It is all about milk and milk products. All its extensions in the space - butter, cheese, milk, paneer, buttermilk, ghee, lassi etc - have worked wonderfully. And yet the brand forayed into ready-to-eat pizza category. As per Sodhi, the entry was to increase cheese consumption as it is the largest cost contributor to pizzas. Kapoor is unconvinced though. "Amul is king of dairy products but entering a separate segment like pizza is going against its core value," says he.


Another important factor, critical for brands to gain heritage status but often underplayed, is distribution scale. "For a brand to gain heritage status, a generation must grow up with it. For which, availability is key," says Bijoor. So, if a brand has been available in a specific region for decades but not in another, it may not enjoy this status. Like a Wagh Bakri tea brand that is strong in Gujarat but not in other parts of the country. Thus, only national brands can lay claim to the heritage brand status.


Then there are some old brands which were consigned to the dustbins only to be dusted up and relaunched with great success. Take Duke's, which is arguably India's oldest soft drinks brand as it was first launched in 1899. After keeping it dormant for long, Pepsico, which had bought the brand in 1994, relaunched it after it realised that there are many in Mumbai who still remember the beverage. The masala soda, ice cream soda and ginger ale version of Duke's are now doing reasonably well.


http://www.afaqs.com/news/story.html?sid=33623_Old+but+not+ageing