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I AM THE MEDIA


       www.mehmettanlak.com


                     FUTURELAB
Ceci n’est pas (just) about
                      FUTURELAB
The traditional marketing model is being challenged, and
 (CMOs) can foresee a day when it will no longer work.
              McKinsey Quarterly, 2005, Number 2


                                                       FUTURELAB
This Presentation

            WHILE YOU WERE SLEEPING



            WHERE DO WE GO FROM HERE?



            BRANDS AS STORYTELLERS


                                      FUTURELAB
Part 1:

While you
were sleeping


                FUTURELAB
The Good Ole Days
of Corporate Media
We will decide what you want & need




   •   Central editorial control

   •   Government regulation (censorship)

   •   One-way communication

   •   Limited channels of information



                                      FUTURELAB
“Your contract with the network when you get the show is that you’re
   going to watch the spots … Any time you skip a commercial …
             you’re actually stealing the programming”
             Jamie Kellner, CEO of Turner Broadcasting, April 2002   (cc) Lynette Webb, 2006




                                                                          FUTURELAB
Yet then the power shifted




             Anytime - Any Place - Any Way




                                             FUTURELAB
14,463,346 auctions
                  www.ebay.com 21 Nov 2006
                                                 200,000,000 blogs




                   Almost 4,000,000 articles   >100,000,000 videos
                       (10 languages)             (65,000/day)




 “The workers                                            1.5 million
    should                                               residents
                      33,347,000 profiles
appropriate the
   means of
  production”



                                                               FUTURELAB
In which (semi-)amateurs start to “play for real”

Blogs vs. Mainstream News Media : Early days, yet traffic is growing

                                                   NEWS MEDIA

                                                   BBC Newlsline Ticker             19,550 /million
                                                   CNN                              18,600
                                                   New York Times                    8,740
                                                   Drudge Report                     4,210
                                                   Washington Post                   3,755
                               Xu Jing Lei         Reuters Online                    3,680
                              56,750/million       Guardian Unlimited                2,985
                                                   Al Jazeera                        2,925
                              1,000-4,000          Wall Street Journal               1,995
                                                   Le Monde                            990
                             comments per          The Huffington Post                 959
                                 article           The Economist                       740
                                                   Daily Kos (State of theNation)      722
                                                   Crooks&Liars (John Amato)           525
                     Every Citizen is a Reporter




                                                                                      FUTURELAB
In which (semi-)amateurs start
                        to “play for real”



                       YouTube TOP 3 (20 nov 2006)

                        Evolution of Dance        35.7 MM
                        Pokemon Theme Music       17.3
                        Quick Change Artists      12.7



Nielsen Rating – Nov 6- Nov 12
1.   Desperate Housewives             ABC      22.3 million
2.   Dancing With the Stars           ABC      22.0
3.   CSI: Crime Scene Investigation   CBS      20.8


                                                  FUTURELAB
For video, please check

     http://www.mobuzztv.com/




In which (semi-)amateurs start to “play for
real”




                                              FUTURELAB
While online media play catchup with traditional outlets

                                        July 2006




                                                    (cc) Lynette Webb, 2006




                                                         FUTURELAB
The biggest player is

The long, long, long, long, long tail




        1-200,000               1,000-200,000




                                                FUTURELAB
(cc) Lynette Webb, 2006




     FUTURELAB
•   In 1965, 80% of 18-49 year-olds in the US could be reached with three
                           60-second TV spots. In 2002, it required 117 prime-time commercials




           BRANDS
                           to do the same.” (Jim Stengel, Global Marketing Officer, P&G)

                       •   A US hour of prime time TV carried 21 minutes of advertising, Late
                           Night network shows like Leno or Letterman carry 31:27 (TNS Media
                           Intelligence, Q1 2006)


                       •   Big Six study (US): People with PVR’s watch 12% more TV, yet 90%
                           of them adskip (Germany : 88.2%)

                       •   78.2% of Germans are irritated by advertising, only 24% actually still
           CONSUMERS




                           watches it (GfK Marktforschung)

                       •   54% of US consumers avoids products & services which
                           “overwhelm” with advertising (Yankelovich Partners)

                       •   85% of Chinese stop watching TV during commercial breaks. More
                           than half change the channel, while the rest do housework, eat, chat
                           or use the bathroom. (McKinsey & Co.)
RESPONSE


                                                                                       FUTURELAB
There is no apparent link between advertising awareness and
Response                      GRP weight


 Australia                   Romania                   China/Shanghai   Philippines             India




Top Graph = ad awareness - Bottom Graph = GRP Weight                                  Illustration based on anonymised examples




         GRPs => Awareness => Karma => €€€ 
                                                                                             Source: Mediafuture SARL


                                                                                                              FUTURELAB
76%
of consumers don’t believe
that companies tell the
truth in advertisements
                Yankelowich




                              FUTURELAB
Part 2:

Where do we
go from here ?

                 FUTURELAB
THERE IS STILL
ONE TRUSTED
MEDIUM
LEFT IN THE
WORLD


MY FRIENDS – THEIR FRIENDS – AND ALL THOSE WE COLLECTIVELY RESPECT



                                                           FUTURELAB
While institutional
trust is eroding

       Blind Faith
       Collectivism
        Command



      Reasoned Faith
    Elective Collectivism
          Contract


      People are saying: “I can no longer rely on a single source of information. The
        omniscient, all-powerfull source – whether a news anchor, doctor, CEO or
                               government official – is gone.
                               Edelman Trust Barometer, 2006



                                                                                 FUTURELAB
People Trust People
                                                Edelman Trust Barometer 2006
                     When forming an opinion
                     of a company, how                                            %
                     credible would the         Academic                         62
                     information be from …
                                                Doctor or similar                62
                                                Person like yourself/peer        61
                                                Financial Analyst                58
A person like yourself or a peer
                                                NGO Rep                          58
                                          61%
                                   55%          Accountant                       53
                    51%
                                                Lawyer                           36
                                                Regular employee                 33
       33%
                                                CEO                              29
                                                Union                            19
                                                Entertainer                      17
                                                PR person                        16
    2003         2004        2005        2006
                                                Blogger                          15

                                                                            FUTURELAB
Most influential information sources in
      purchasing electronic goods? (TOP 3)

      Source                                        %
      In-store Sales Associate                      49
      In-store demonstration                        36
      Word-of-mouth from family & friends           33
      Newspaper Coupons                             25
      Internet                                      21
      Product/Company Information                   16
      Retailer information                          14
      Other                                         14
      Magazines                                     4
      TV                                            4
      Radio                                         3



Source: CMO Council’s Retail Fluency Report, 2005
                                                         People Trust Humans
                                                                       FUTURELAB
This is not a “new hype”
                             just an ignored reality
1955   Word-of-Mouth (WOM) is 7x more effective than newspaper advertising, 5x stronger than a
       personal sales pitch and 2x as effective as radio advertising


1967   36% of surveyed consumers reported learning of an innovation through word-of-mouth, while 48%
       reported being influenced by WOM when making a purchase decision


2001   Diffusion studies found that WOM is 10x more effective than media advertising


2006   61% trust other people like themselves (as media) - Edelman Trust Barometer, 2006




                                                                                       FUTURELAB
4000 years of media-revolution cannot undo 2,000,000 of programming


    Paleolithic
    (stone) age
    “hunter-
                                                             Writing
    gatherer”


                                                                Information
                                                                    Age




                                                               -500
                                                                  -50

-2,000,000                                                   -3500




                                                               Print
TRIBAL – VERBAL – DISTRUST OF BIG TRIBES


                                                              FUTURELAB
RADIO, TV, PRINT, EVENTS, … ARE NICE, YET IN MY COMMUNITY




 I AM THE MEDIA
                                       The words I write, I speak, I film

                                      The Stories I Tell



                                                                   FUTURELAB
In a million channel world,
brands whose consumers
  tell the best stories, win


                       FUTURELAB
How to control millions
                                                    of inaccurate and
                                                         divergent
                                                     conversations ?


                                                    YOU DON’T
Consumers are beginning in a very real sense to own our brands and participate
in their creation … We need to begin to learn to let go.
                                   A.G. Lafley, CEO and Chairman of P&G, October 2006
                                                                         (cc) Lynette Webb, 2006



                                                                           FUTURELAB
Brands have to become storytellers, that « light the fire »
… and let go




                                                   FUTURELAB
Part 3:
Brands as Storytellers


                         FUTURELAB
Tell me a story
that makesmy     conversations
more interesting




                         FUTURELAB
Make it something I
really care about

Make it fun, credible
and memorable

Make it something I
can easily tell others

Be true, so I don’t like
to look like a liar




              FUTURELAB
Make it something I
really care about

Make it fun, credible
and memorable

Make it something I
can easily tell others

Be true, so I don’t like
to look like a liar




              FUTURELAB
If you want them to talk about you make them …



 LOVE                    YOU
                                 HATE
             YET NEVER LEAVE THEM INDIFFERENT




                                                FUTURELAB
Yet it is exactly there that most brands leave consumers “indifferent”

Customer Satisfaction Averages (scale 0-10)

                                                         “44% of
                                                         consumers say
                                                         the majority of
                                                         their Customer
                                                         Experiences
                                                         are “bland”...”




                                                             FUTURELAB
69% of consumers say emotions count for over half their customer experience

                                       RATIONAL                            SUPERFICIAL
                                       ARGUMENTS                             EMOTIONS




0.3 seconds                                                     RATIONAL DECISION MAKING IS AN ILLUSION



Source data point: strategic resource development group, 2006
                                                                                               FUTURELAB
TRADITIONAL SEGMENTATION
ASSUMES EVERYONE “FEELS THE SAME”




Elsa (Female/urban/mid-income/25-30 years old)




 25                                 29


                                                 FUTURELAB
TRADITIONAL RESEARCH
                                                     OFTEN MISSES THE POINT




It's easy to understand the survival of popular traditional techniques such as
syndicated market research, simplistic quantitative surveys, and focus groups, [yet]
conventional research methods often gather incomplete information.

                                               McKinsey Quarterly, November 2006


          PSYCHOLOGY – ANTROPOLOGY – NEUROLOGY – SIMULATIONS - …

                                                                              FUTURELAB
Make it
  something I
really care about
                                      For video, go to

                    http://www.campaignforrealbeauty.ca/flat2.asp?id=4804

GIVE MEANING
 GO « DEEP »




                                                                      FUTURELAB
Brands people talk about make meaning Beyond Money
CHOOSE YOUR CLASSIC




       For Apple video, go to              For Harley video, go to:
                                   http://www.harley-davidson.com/wcm/
  http://www.youtube.com/watch?v   Content/Pages/Riders/Creed_Video.j
           =4oAB83Z1ydE             sp?locale=en_US&locale=en_US&b
                                              mLocale=en_US




                                                                         FUTURELAB
Make it something I
really care about

Make it fun, credible
and memorable

Make it something I
can easily tell others

Be true, so I don’t like
to look like a liar




              FUTURELAB
Have your customers tell your story

A person like yourself
or your peer is seen as
the most credible
spokesperson about
your company                       For the jetBlue story videos, please go to

                          http://www.jetblue.com/experience/index.html?intcmp=story




                                                                           FUTURELAB
THE GREATEST MARKETING STORY EVER TOLD, BY MILLIONS

                                                 FUTURELAB
Origins of the engagement ring




   Pope Innocent III             Birthstones
         1215
 Fourth Lateran Council


                                         FUTURELAB
BUT WHY THE DIAMONDS ?


                         FUTURELAB
1938
Harry Oppenheimer meets Gerold M. Lauk of N.W.Ayer




                                       FUTURELAB
Cullinan IX



Europe




         1938   1948   1953                  1990s

                               Cullinan III & IV


                                        FUTURELAB
For Marilyn Monroe video, go to

http://www.youtube.com/watch?v=p0FDGnAIWpk




                                         FUTURELAB
The Result

 Make it fun   Word of mouth to the point of
credible and
memorable       becoming cultural tradition


               Case Study: Japan

               1967 The Beers Goes Japan
               1978 Diamonds for 50% of Japanese Brides
               1981 Diamonds for 60% of Japanese Brides


                                                          FUTURELAB
Make it something I
really care about

Make it fun, credible
and memorable

Make it something I
can easily tell others

Be true, so I don’t like
to look like a liar




              FUTURELAB
FEATURES - BENEFITS
VALUES - PROPOSITIONS

WHERE ARE THE
READY MADE
STORIES ???



                 FUTURELAB
Hemingway
Van Gogh
Chabrol
Sartre
...




            FUTURELAB
And the best news:
You don’t even need to be creative




                     Opinion Leaders – Customers – Employees
                     Successes - Failures - Reports - Milestones
                           CEO – Founder – Products - …

                                                                   FUTURELAB
No intrusive creative, yet true storycrafting
                     2500 years of experience meets neuro-research



     Make it
something I can
easily tell others




                                                 Egocentricity
                                                 Contrast
                                                 Emotion
                                                 Beginning & Ending
                                                 Tangible
                                                 Visual



                                                                      FUTURELAB
Make it something I
really care about

Make it fun, credible
and memorable

Make it something I
can easily tell others

Be true, so I don’t like
to look like a liar




              FUTURELAB
It’s the steak,
not the sizzle baby




                      FUTURELAB
The key drivers for trust & closeness are
                           “quality & service”

                                             UK            FRA          DEU            ITA          ESP
Quality of products & services                 2            1             1             1             1
Attentiveness to customer needs                1            1             2             2             2
Fair pricing for products & services           3            4             7             3             3
Good employee and labour relations             5            3             3             4             4
Strong financial performance                   6            7             9             5             6
Socially responsible activities                7            5             5             5             6
Well-known corporate brand                     4            6             8             7             5
Dialogue with all stakeholders                 8            8             6             8             9
A visible CEO                                  9            8             4             9             8
Employee or CEO blogs                         10            10            10            10           10
                                       Based on: Edelman Trust Barometer, 2006 – attributes for building trust


                                                                                              FUTURELAB
Yet still, most consumers are left “indifferent”

Customer Satisfaction Averages (scale 0-10)

                                                   “44% of
                                                   consumers say
                                                   the majority of
                                                   their Customer
                                                   Experiences
                                                   are “bland”...”




                                                       FUTURELAB
In fact, if asked, they mostly won’t recommend a brand
                                                     Telecom Europe = - 48%




                                                                Profusion, 2005



  BTW: The same often applies to the people working for the brand themselves




                                                                      FUTURELAB
WE PROMISE ONE THING AND DO
                                         SOMETHING ELSE

                               90% of businesses are unable to execute
                                 the strategy they have on paper as

                               •   only 5% of the workforce
                                   understands what the strategy is

                               •   60% of organisations do not link
                                   budgets to strategy

                               •   70% of organisations do not link
95% of senior business
                                   management incentives to strategies
leaders say Customer
Experience is the next         •   85% of executive teams spend less
                                   than 1 hour per month discussing
competitive battleground yet
                                   strategy
nothing happens.

                                                               FUTURELAB
THE CHOICE
   Be true,
so I don’t look
  like a liar




                  If you want to influence WOM you have to convince
                      your organisation to deliver what you promise

                                                                FUTURELAB
In which the first step to take is confront reality




             STAFF – CUSTOMERS –SUPPLIERS – CONSUMERS

                                                        FUTURELAB
Make it something I
                            really care about

                            Make it fun, credible
                            and memorable

                            Make it something I
                            can easily tell others

                            Be true, so I don’t like
                            to look like a liar


                            my
Tell me a story   that makes
                  more interesting
                                   conversations



                                          FUTURELAB
In which you can estimate the value you generate, so
you can even make a business case for your boss 
  Good Experience      Top 3 Purchase Influencers                %
    I tell 4 people    In-store Sales Associate                  49
                       In-store demonstration                    36
                       Word-of-mouth from family & friends       33
   Bad Experience
                       Newspaper Coupons                         25
    I tell 18 people
                       Internet                                  21
                       Product/Company Information               16
   Average Sale        Retailer information                      14
      £ 230            Other                                     14

   Anonymous Case:     Magazines                                 4
     UK Consumer       TV                                        4
      Electronics      Radio                                     3



                                                             FUTURELAB
YET REMEMBER

You can not control WOM … only influence it.
                                           FUTURELAB
FUTURELAB

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I am-the-media-www.mehmettanlak.com

  • 1. I AM THE MEDIA www.mehmettanlak.com FUTURELAB
  • 2. Ceci n’est pas (just) about FUTURELAB
  • 3. The traditional marketing model is being challenged, and (CMOs) can foresee a day when it will no longer work. McKinsey Quarterly, 2005, Number 2 FUTURELAB
  • 4. This Presentation WHILE YOU WERE SLEEPING WHERE DO WE GO FROM HERE? BRANDS AS STORYTELLERS FUTURELAB
  • 5. Part 1: While you were sleeping FUTURELAB
  • 6. The Good Ole Days of Corporate Media We will decide what you want & need • Central editorial control • Government regulation (censorship) • One-way communication • Limited channels of information FUTURELAB
  • 7. “Your contract with the network when you get the show is that you’re going to watch the spots … Any time you skip a commercial … you’re actually stealing the programming” Jamie Kellner, CEO of Turner Broadcasting, April 2002 (cc) Lynette Webb, 2006 FUTURELAB
  • 8. Yet then the power shifted Anytime - Any Place - Any Way FUTURELAB
  • 9. 14,463,346 auctions www.ebay.com 21 Nov 2006 200,000,000 blogs Almost 4,000,000 articles >100,000,000 videos (10 languages) (65,000/day) “The workers 1.5 million should residents 33,347,000 profiles appropriate the means of production” FUTURELAB
  • 10. In which (semi-)amateurs start to “play for real” Blogs vs. Mainstream News Media : Early days, yet traffic is growing NEWS MEDIA BBC Newlsline Ticker 19,550 /million CNN 18,600 New York Times 8,740 Drudge Report 4,210 Washington Post 3,755 Xu Jing Lei Reuters Online 3,680 56,750/million Guardian Unlimited 2,985 Al Jazeera 2,925 1,000-4,000 Wall Street Journal 1,995 Le Monde 990 comments per The Huffington Post 959 article The Economist 740 Daily Kos (State of theNation) 722 Crooks&Liars (John Amato) 525 Every Citizen is a Reporter FUTURELAB
  • 11. In which (semi-)amateurs start to “play for real” YouTube TOP 3 (20 nov 2006) Evolution of Dance 35.7 MM Pokemon Theme Music 17.3 Quick Change Artists 12.7 Nielsen Rating – Nov 6- Nov 12 1. Desperate Housewives ABC 22.3 million 2. Dancing With the Stars ABC 22.0 3. CSI: Crime Scene Investigation CBS 20.8 FUTURELAB
  • 12. For video, please check http://www.mobuzztv.com/ In which (semi-)amateurs start to “play for real” FUTURELAB
  • 13. While online media play catchup with traditional outlets July 2006 (cc) Lynette Webb, 2006 FUTURELAB
  • 14. The biggest player is The long, long, long, long, long tail 1-200,000 1,000-200,000 FUTURELAB
  • 15. (cc) Lynette Webb, 2006 FUTURELAB
  • 16. In 1965, 80% of 18-49 year-olds in the US could be reached with three 60-second TV spots. In 2002, it required 117 prime-time commercials BRANDS to do the same.” (Jim Stengel, Global Marketing Officer, P&G) • A US hour of prime time TV carried 21 minutes of advertising, Late Night network shows like Leno or Letterman carry 31:27 (TNS Media Intelligence, Q1 2006) • Big Six study (US): People with PVR’s watch 12% more TV, yet 90% of them adskip (Germany : 88.2%) • 78.2% of Germans are irritated by advertising, only 24% actually still CONSUMERS watches it (GfK Marktforschung) • 54% of US consumers avoids products & services which “overwhelm” with advertising (Yankelovich Partners) • 85% of Chinese stop watching TV during commercial breaks. More than half change the channel, while the rest do housework, eat, chat or use the bathroom. (McKinsey & Co.) RESPONSE FUTURELAB
  • 17. There is no apparent link between advertising awareness and Response GRP weight Australia Romania China/Shanghai Philippines India Top Graph = ad awareness - Bottom Graph = GRP Weight Illustration based on anonymised examples GRPs => Awareness => Karma => €€€  Source: Mediafuture SARL FUTURELAB
  • 18. 76% of consumers don’t believe that companies tell the truth in advertisements Yankelowich FUTURELAB
  • 19. Part 2: Where do we go from here ? FUTURELAB
  • 20. THERE IS STILL ONE TRUSTED MEDIUM LEFT IN THE WORLD MY FRIENDS – THEIR FRIENDS – AND ALL THOSE WE COLLECTIVELY RESPECT FUTURELAB
  • 21. While institutional trust is eroding Blind Faith Collectivism Command Reasoned Faith Elective Collectivism Contract People are saying: “I can no longer rely on a single source of information. The omniscient, all-powerfull source – whether a news anchor, doctor, CEO or government official – is gone. Edelman Trust Barometer, 2006 FUTURELAB
  • 22. People Trust People Edelman Trust Barometer 2006 When forming an opinion of a company, how % credible would the Academic 62 information be from … Doctor or similar 62 Person like yourself/peer 61 Financial Analyst 58 A person like yourself or a peer NGO Rep 58 61% 55% Accountant 53 51% Lawyer 36 Regular employee 33 33% CEO 29 Union 19 Entertainer 17 PR person 16 2003 2004 2005 2006 Blogger 15 FUTURELAB
  • 23. Most influential information sources in purchasing electronic goods? (TOP 3) Source % In-store Sales Associate 49 In-store demonstration 36 Word-of-mouth from family & friends 33 Newspaper Coupons 25 Internet 21 Product/Company Information 16 Retailer information 14 Other 14 Magazines 4 TV 4 Radio 3 Source: CMO Council’s Retail Fluency Report, 2005 People Trust Humans FUTURELAB
  • 24. This is not a “new hype” just an ignored reality 1955 Word-of-Mouth (WOM) is 7x more effective than newspaper advertising, 5x stronger than a personal sales pitch and 2x as effective as radio advertising 1967 36% of surveyed consumers reported learning of an innovation through word-of-mouth, while 48% reported being influenced by WOM when making a purchase decision 2001 Diffusion studies found that WOM is 10x more effective than media advertising 2006 61% trust other people like themselves (as media) - Edelman Trust Barometer, 2006 FUTURELAB
  • 25. 4000 years of media-revolution cannot undo 2,000,000 of programming Paleolithic (stone) age “hunter- Writing gatherer” Information Age -500 -50 -2,000,000 -3500 Print TRIBAL – VERBAL – DISTRUST OF BIG TRIBES FUTURELAB
  • 26. RADIO, TV, PRINT, EVENTS, … ARE NICE, YET IN MY COMMUNITY I AM THE MEDIA The words I write, I speak, I film The Stories I Tell FUTURELAB
  • 27. In a million channel world, brands whose consumers tell the best stories, win FUTURELAB
  • 28. How to control millions of inaccurate and divergent conversations ? YOU DON’T Consumers are beginning in a very real sense to own our brands and participate in their creation … We need to begin to learn to let go. A.G. Lafley, CEO and Chairman of P&G, October 2006 (cc) Lynette Webb, 2006 FUTURELAB
  • 29. Brands have to become storytellers, that « light the fire » … and let go FUTURELAB
  • 30. Part 3: Brands as Storytellers FUTURELAB
  • 31. Tell me a story that makesmy conversations more interesting FUTURELAB
  • 32. Make it something I really care about Make it fun, credible and memorable Make it something I can easily tell others Be true, so I don’t like to look like a liar FUTURELAB
  • 33. Make it something I really care about Make it fun, credible and memorable Make it something I can easily tell others Be true, so I don’t like to look like a liar FUTURELAB
  • 34. If you want them to talk about you make them … LOVE YOU HATE YET NEVER LEAVE THEM INDIFFERENT FUTURELAB
  • 35. Yet it is exactly there that most brands leave consumers “indifferent” Customer Satisfaction Averages (scale 0-10) “44% of consumers say the majority of their Customer Experiences are “bland”...” FUTURELAB
  • 36. 69% of consumers say emotions count for over half their customer experience RATIONAL SUPERFICIAL ARGUMENTS EMOTIONS 0.3 seconds RATIONAL DECISION MAKING IS AN ILLUSION Source data point: strategic resource development group, 2006 FUTURELAB
  • 37. TRADITIONAL SEGMENTATION ASSUMES EVERYONE “FEELS THE SAME” Elsa (Female/urban/mid-income/25-30 years old) 25 29 FUTURELAB
  • 38. TRADITIONAL RESEARCH OFTEN MISSES THE POINT It's easy to understand the survival of popular traditional techniques such as syndicated market research, simplistic quantitative surveys, and focus groups, [yet] conventional research methods often gather incomplete information. McKinsey Quarterly, November 2006 PSYCHOLOGY – ANTROPOLOGY – NEUROLOGY – SIMULATIONS - … FUTURELAB
  • 39. Make it something I really care about For video, go to http://www.campaignforrealbeauty.ca/flat2.asp?id=4804 GIVE MEANING GO « DEEP » FUTURELAB
  • 40. Brands people talk about make meaning Beyond Money CHOOSE YOUR CLASSIC For Apple video, go to For Harley video, go to: http://www.harley-davidson.com/wcm/ http://www.youtube.com/watch?v Content/Pages/Riders/Creed_Video.j =4oAB83Z1ydE sp?locale=en_US&locale=en_US&b mLocale=en_US FUTURELAB
  • 41. Make it something I really care about Make it fun, credible and memorable Make it something I can easily tell others Be true, so I don’t like to look like a liar FUTURELAB
  • 42. Have your customers tell your story A person like yourself or your peer is seen as the most credible spokesperson about your company For the jetBlue story videos, please go to http://www.jetblue.com/experience/index.html?intcmp=story FUTURELAB
  • 43. THE GREATEST MARKETING STORY EVER TOLD, BY MILLIONS FUTURELAB
  • 44. Origins of the engagement ring Pope Innocent III Birthstones 1215 Fourth Lateran Council FUTURELAB
  • 45. BUT WHY THE DIAMONDS ? FUTURELAB
  • 46. 1938 Harry Oppenheimer meets Gerold M. Lauk of N.W.Ayer FUTURELAB
  • 47. Cullinan IX Europe 1938 1948 1953 1990s Cullinan III & IV FUTURELAB
  • 48. For Marilyn Monroe video, go to http://www.youtube.com/watch?v=p0FDGnAIWpk FUTURELAB
  • 49. The Result Make it fun Word of mouth to the point of credible and memorable becoming cultural tradition Case Study: Japan 1967 The Beers Goes Japan 1978 Diamonds for 50% of Japanese Brides 1981 Diamonds for 60% of Japanese Brides FUTURELAB
  • 50. Make it something I really care about Make it fun, credible and memorable Make it something I can easily tell others Be true, so I don’t like to look like a liar FUTURELAB
  • 51. FEATURES - BENEFITS VALUES - PROPOSITIONS WHERE ARE THE READY MADE STORIES ??? FUTURELAB
  • 53. And the best news: You don’t even need to be creative Opinion Leaders – Customers – Employees Successes - Failures - Reports - Milestones CEO – Founder – Products - … FUTURELAB
  • 54. No intrusive creative, yet true storycrafting 2500 years of experience meets neuro-research Make it something I can easily tell others Egocentricity Contrast Emotion Beginning & Ending Tangible Visual FUTURELAB
  • 55. Make it something I really care about Make it fun, credible and memorable Make it something I can easily tell others Be true, so I don’t like to look like a liar FUTURELAB
  • 56. It’s the steak, not the sizzle baby FUTURELAB
  • 57. The key drivers for trust & closeness are “quality & service” UK FRA DEU ITA ESP Quality of products & services 2 1 1 1 1 Attentiveness to customer needs 1 1 2 2 2 Fair pricing for products & services 3 4 7 3 3 Good employee and labour relations 5 3 3 4 4 Strong financial performance 6 7 9 5 6 Socially responsible activities 7 5 5 5 6 Well-known corporate brand 4 6 8 7 5 Dialogue with all stakeholders 8 8 6 8 9 A visible CEO 9 8 4 9 8 Employee or CEO blogs 10 10 10 10 10 Based on: Edelman Trust Barometer, 2006 – attributes for building trust FUTURELAB
  • 58. Yet still, most consumers are left “indifferent” Customer Satisfaction Averages (scale 0-10) “44% of consumers say the majority of their Customer Experiences are “bland”...” FUTURELAB
  • 59. In fact, if asked, they mostly won’t recommend a brand Telecom Europe = - 48% Profusion, 2005 BTW: The same often applies to the people working for the brand themselves FUTURELAB
  • 60. WE PROMISE ONE THING AND DO SOMETHING ELSE 90% of businesses are unable to execute the strategy they have on paper as • only 5% of the workforce understands what the strategy is • 60% of organisations do not link budgets to strategy • 70% of organisations do not link 95% of senior business management incentives to strategies leaders say Customer Experience is the next • 85% of executive teams spend less than 1 hour per month discussing competitive battleground yet strategy nothing happens. FUTURELAB
  • 61. THE CHOICE Be true, so I don’t look like a liar If you want to influence WOM you have to convince your organisation to deliver what you promise FUTURELAB
  • 62. In which the first step to take is confront reality STAFF – CUSTOMERS –SUPPLIERS – CONSUMERS FUTURELAB
  • 63. Make it something I really care about Make it fun, credible and memorable Make it something I can easily tell others Be true, so I don’t like to look like a liar my Tell me a story that makes more interesting conversations FUTURELAB
  • 64. In which you can estimate the value you generate, so you can even make a business case for your boss  Good Experience Top 3 Purchase Influencers % I tell 4 people In-store Sales Associate 49 In-store demonstration 36 Word-of-mouth from family & friends 33 Bad Experience Newspaper Coupons 25 I tell 18 people Internet 21 Product/Company Information 16 Average Sale Retailer information 14 £ 230 Other 14 Anonymous Case: Magazines 4 UK Consumer TV 4 Electronics Radio 3 FUTURELAB
  • 65. YET REMEMBER You can not control WOM … only influence it. FUTURELAB