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Published byAshton Alvarez Modified over 11 years ago
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JM503 – eMarketing New Media and 'The Brand
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FLIP Counterintuitive thinking is changing everything – from branding and strategy to technology and talent Fl!P by Peter Sheahan
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Cheap Fast, good, cheap – pick 2 has become fast, good cheap pick 3.
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FGC + Responsible Dont be evil Body Shop Lonely planet
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Brands – Do you know them? While a brand may be familiar, it is easily corrupted. Brands 2.0
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The total ownership experience iPod Harley Davidson What other brands can you think of?
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Brands get tired too Computer games Look around your brain
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Respect, engage and inspire If the population of Brazil is on MySpace, then advertising on it is like sending Brazil a postcard Helen Walters on September 28, Business Week Helen Walters on September 28, Business Week Customer acquisition - PR - Mark EckoMark Ecko
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Consumer Media Habits DVD TiVo – DVD like access Pay per view RSS – to PC, Mobile etc Streaming video People are spending more time online, and less time Radio, TV, Newspapers, Magazines
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Consumer controlled media Started with personal web pages now much more - Photo sharing Videos User content – e.g. wikipedia Chat rooms Social search (e.g. digg - technology news) Yahoo – just launched blog search
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Brand equity and brand image Strength of a brand measured by brand equity: The set of associations and behaviours on the part of a brands customers, channel members, and parent corporation that permits the brand to earn greater volume or greater margins than it could without the brand name and that gives the brand a strong, sustainable, and differentiated advantage over competitors. Marketing Science Institute
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Brand Awareness Brand awareness has two levels Brand recognition and – Brand recall (includes information about the product) Brand Image Brand awareness not enough for high involvement products. Need strong brand image and/or incentives
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Creating a strong brand Online Interactive brand building Customer acquisition –What are some acquisition examples?
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Conversation age Much harder to control image today How much control should be relinquished to consumers? Some move to open source marketing –Examples – customised M&Ms, Nike, Camel cigarettes
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Reminder – Monday tutorial Bring one example from your scrap book to share with your tute group.
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