lovemarks presentation v2
DESCRIPTION
nice presentation about the book LovemarksTRANSCRIPT
AalapDoshiAninditaDeManishaGuptaMichelleEscobar
CEOWorldwideofSaatchi&Saatchi,oneoftheworld'sleadingcrea9veorganiza9ons,employingalmost7000peoplein150officesacross86countries
HasbeenpassionatelyinvolvedwithNewZealandRugbybothasaBoardmemberoftheNewZealandRugbyFootballUnionandasasupporterofthegameateverylevel
What started up Kevin Roberts
In the beginning, products were… just products
From a business perspective, Trademarks play great defense
To consumers, the picture looks quite different : "This will have the quality I paid for."
Once famous trademark names that have now gone generic- Band Aid, Jell-O
These warning signs can transform your product into a COMMODITY:
Consistent Interchangeable Impersonal Homogeneous Abundant Lowest price
And then came Brands….
The idea of trademarks worked for a while. But after all, it couldn't stop the disease of Commodification
The little TM or “patent pending” note on products was never enough to make sure everyone knows the value of what they are getting Brands did that brilliantly
All brands are craving for attention
Emotional connections with consumers should be the foundation of our marketing moves
And the author reiterates: "Stop racing after every new fad and focus on making consistent, emotional connections with the consumer."
The Brand journey is over …
Human Beings are powered by EMOTION and not REASON
Shopping and Emotions "Consumers who make decisions based purely on facts represent a very small minority of the world's population...
[However] there is always some product or service they buy based on impulse or emotion.“
[“Maurice Levy, Owner of Saatchi and Saatchi”]
People think Love is an emotion. LOVE IS GOOD SENSE. [Ken Kesey]
So, What's the point??
Love is the foundation for creating new kinds of emotional passionate relationships that brands need....
No Respect, No Love, No Respect, No Love, No Respect, No Love, Period.
What is Love built on??
How do you get Respect??
Perform,Perform,PerformPursueInnova9onCommittototalCommitmentMakeitEasyDon'tHideJealouslyguardyourreputa9onGetintheleadandstaythereTellthetruthNurtureIntegrityAcceptResponsibilityNeverPullbackonServiceDelivergreatDesignDon'tUnderes9mateValueDeserveTrustNever,everfailthereliabilitytest
How do you make the most money??
When loyal users and heavy users use your products all the time, you make $$$
You need to have a long term LOVE AFFAIR with your customers.
Brand Vs Lovemark
What makes Lovemarks so special??
Mystery’s High 5 1. Great Stories 2. Combining the
past, present & future
3. Tapping into dreams
4. Great myths & icons
5. Instilling
Hear Touch Smell Taste
See
Intimacy Empathy Commitment Passion
Getting to know your customers
Inspirational Consumers
Creating Lovemarks Mystery Storytelling
Building Empathy Repositioning Brand as Consumer Icon
"AnybusinessthatisnotcreatingLovemarks,issimplynotcreatingvalue.."
Making this world a better place
Our world needs LOVE. It needs optimism and inspiration if we are to deal with the pressing problems we face.
The idealism of Love is the new realism of business. By building Respect and inspiring Love, business can move the world.
-Kevin Roberts
Great engaging design- “Lovemarks is my lovemark”
Just another coffee table picture book
New branding paradigm
Doesn’t tell people in the marketing industry anything they don’t already know
Nicestyleofwri9ng‐likesharingwineoverdinnerwithanoldfriend
Stories about different products- marketing gimmick for Saatchi and Saatchi
The IA Connection
Contextual Inquiry Discovery Research
Polar Bear Book- Chapter 10
Questions