Tag: Levi’s

  • The utility of a brand

    After the ‘social product‘ post, the brand guy in me wanted to reconcile this evolution of the product with the brand story. After all, ‘network effects’, ‘purpose’, ‘community’ etc are essential parts of the brand story as well. But I thought of stepping back a bit before moving forward.

    The ‘tyranny of the big idea‘ is oft discussed here and the more I see platforms evolve, the more I feel the need (for brands) for nuanced strategy and propositions that are relevant in various contexts and take into account the radical change that is two-way communication. (as opposed to broadcast) I think this is an inevitability of consumption fragmentation as well as changes in attitudes/behaviour/expectations, and sustained nuanced propositions is one of the key ways to create ‘network effects’ across platforms.

    In this context, I thought the ‘Moving Forward’ section in this insightful post titled “Killing Big Strategy” captured it perfectly. Also, through it, I came across something that helped link the product-brand stories – “Finding the right job for your product“, a fantastic alternate perspective on traditional market segmentation, and some excellent lessons in defining competition and positioning. Not to forget this gem from Drucker “The customer rarely buys what the company thinks it is selling him.”

    So where does this all begin? Though ‘purpose’ is increasingly being used as a buzzword  and also espousing a corporate-centric view (unfortunately) I still get to see a lot of relevant literature that does more than lip service. At a broad level, this little framework of Purpose – Delivery – Resonance, for instance, is a good start. There are many needs that brands fulfill and many reasons why they are loved, and these could start as pointers for a brand to figure out its purpose. John Hagel’s “The Untapped Potential of Corporate Narratives” offers some excellent perspective on how user-centric narratives gets several ‘pull’ factors to work in tandem and offer numerous sustainable advantages. The examples include my usual favourite – Nike, and this is a subject I have touched upon earlier as well, (1,2) though not as eloquently. 🙂 If you think about it, this is also another way of ‘finding the right job for your product’.

    brandpurpose

    (via)

    On delivery. Russell Davies’ “Activities not audiences” draws the distinction between users and user needs and calls for focusing on the latter. Again, another rendition of a product doing its ‘job’. This post, titled “Brands: One System Of Touch“, explores the misalignment of brands which view customer experiences in isolation, by channel, whereas customers of course view and grade their experiences cumulatively. This is a good starting point to think about what needs to be changed internally to deliver a cohesive, relevant and useful experience to the consumer.

    In the meanwhile, I came across quite a few examples of brands adopting the ‘product doing a job’ approach even though it might be an isolated exercise at this point –  Hermes’ silk knot app, Volkswagen’s and Audi’s Augmented Reality apps to repair/know the features of their cars. While they might seem too self serving to qualify for the concept under discussion, they’re definitely a step in the direction. Uber’s response to a bus driver strike with free rides might be a more evolved example. Another one might be Ford’s platform to ‘hack’ its car hardware and software. Many more examples of ‘branded utility’ can be seen here. I think that in the looming collaborative economy, platforms like Google Helpouts will help brands become a real time utility in their domains.  Interestingly there are also examples of brands (Citi, Kleenex) which are trying to create value beyond their core purpose/utility. Levi’s’ ‘School of Make our mark‘ is another example.

    The last bit in the framework (though the framework also mentions differentiation, I see it as something that needs to be built into purpose and delivery) I referred to earlier is resonance. I think these above experiments will not only help brands learn what it takes to build sustained resonance in various consumer contexts but also how to amplify this to potential consumers who might share similar needs. This will require learning and application beyond the conventional mass reach tactics employed currently. The corollary is that measurement paradigms would also need to change. I could see this being aligned to all the points mentioned in this superb post –  ‘The Future of Marketing‘ – messages to experiences, rational to passion, adaptive strategy, simulations, brands to platforms.

    To bring it all back to the link between the social product and the brand, I now (again) see technology (including social) as an enabler in the product and marketing road maps – working in tandem to deliver the brand’s purpose and help it augment resonance.

    until next time, utilising brands

  • Social Shops

    One of the trends I think will catch on in the next few years is social commerce, despite the buzz. 🙂 Though word-of-mouth has always been around, newer technologies provide scope for newer manifestations. At this point, social commerce is seen as many things – from f-commerce to group buying/daily deals to virtual merchandise to social + affiliate marketing to social media reviews to shop-together applications, and so on. In essence, any usage of social platforms/applications/media for commerce, and  brands are using/creating these basis their objectives and understanding of the space.

    The buzz has been there for quite a while now. To take a few recent examples, JWT’s 100 things to watch in 2011 had at least a couple of obvious manifestations – F-commerce (35), Group Manipulated Pricing (4) and more in terms of enablers and related items. (come to that in a bit) Trendwatching’s May 2011 trend is The F-Factor – “that’s F for friends, fans, followers who influence consumers’ purchasing decisions in ever more sophisticated ways”, in which they classify this further into discovery, rating, feedback, together, and ‘me’, the last one about curation itself becoming a product/service.

    There are several technologies that will aid this trend in various capacities. Again, to refer to JWT’s deck everything from Automated Checkins (6) to Micro Businesses (51) NFC (56) to Personal Taste Graphs (67) to Tap To Pay (88) can play a direct or indirect part. Add to this increasing smartphone penetration and its impact on purchasing behaviour (check out a study by Google) and interesting services like Localmind, which uses 4sq check ins and location to help users engage in Q&A, or LocalResponse, that uses tweets and check-in data to create a marketing platform for brands to target consumers in real time. and this is sure to be an interesting space with plenty of $$ involved.

    That (obviously) explains why the usual suspects are making strides – Facebook with its check-in deals and Social deals and more importantly increasing the scope and penetration of Connect, Open Graph, Instant Personalisation (though), Google with its Latitude, Offers, expansion of Product Search to more countries (via) and even its fashion shop, Amazon with its new membership-only fashion sales site and so on.

    But more than these services, the applications that interest me are from the ‘real’ products that I come across. Levi’s remains one of my favourites. And the one that excited me much was Pepsi’s Social Vending Machine. It allows a user to buy a drink for your friend and add a personal video message while at it. After you provide the friend’s name and number, he receives a text message with a code which he can redeem at the nearest vending machine and watch that video you made. (via) Probably a gawky start, some would say, but think of the potential applications.

    httpv://www.youtube.com/watch?v=wJaEVEoEETA

    It’s not that there won’t be challenges – privacy is the obvious one. Brands will also have to be careful about their natural tendency for broadcasting and aim to be relevant in time and other contexts. They will also have to integrate offline and online well. But despite these and more that might crop up, I think this will be fun with its synergy with Social CRM and its perspective on the answer to that omnipresent social media ROI question. 🙂

    Bonus read: Paul Adams on How your customers’ social circles influence what they buy, what they do and where they go

    until next time, social bill sharing? 😉

    PS: Interestingly, Coke had a friendship machine of its own too

    httpv://www.youtube.com/watch?v=Bj3QLLTFDX8