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BRAND AS DEMAND ACCELERATOR


FOR FUTURE INDUSTRIES
DIRK SCHART
REACH 2020
DIRK SCHART
▸ CMO & President @ RE’FLEKT, Sunnyvale/CA


▸ Mentor @ German Accelerator Silicon Valley


▸ Co-founder @ MobilityOS


▸ CEO @ HyperloopTT Digital Innovation Lab

▸ Product Owner Augmented Windows


▸ Communications @ SkyWork


▸ Author of two books about AR & Marketing
TEXT
3 THINGS WE TALK ABOUT:
▸ Challenges of emerging tech and future industries


▸ Market Engineering as the foundation for your brand


▸ Brand as demand accelerator and trust builder
CHALLENGES OF EMERGING TECH AND FUTURE INDUSTRIES
CROSSING THE CHASM
Enthusiasts Visionaries Pragmatists Conservatives Skeptics
Early
Markets
Mainstream
Markets
THE
CHASM
‣ Technology


‣ Features


‣ Evaluation
‣ Solutions


‣ Enterprise ready


‣ Value
RELEVANCE CREDIBILITY DEMAND
CHALLENGES OF EMERGING TECH AND FUTURE INDUSTRIES
CROSSING THE CHASM
Enthusiasts Visionaries Pragmatists Conservatives Skeptics
Early
Markets
Mainstream
Markets
THE
CHASM
‣ Technology


‣ Features


‣ Evaluation
‣ Solutions


‣ Enterprise ready


‣ Value
RELEVANCE CREDIBILITY DEMAND
1.Understand your market and the shift in the audience


2.Grow with your customers from “early” to “mainstream”


3.Use your Brand to drive relevance, credibility and demand
MARKET ENGINEERING
MARKET SEGMENTATION
Check the Frameworks
▸ Collect market and
applications
opportunities


▸ Use hypothesis and
test cards to validate


▸ Avoid a “tunnel
vision”
MARKET ENGINEERING
BEACHHEAD MARKET
▸ Narrow the market
opportunities to 5 to
10


▸ De
fi
ne that one pin,
your beachhead


▸ Check which other
pins can you hit
without additional
effort
MARKET ENGINEERING
UNDERSTAND YOUR AUDIENCE FROM “EARLY” TO “MAINSTREAM”
‣ Innovation Manager


‣ R&D Manager


‣ CIO


‣ Business Manager


‣ IT Manager
Industry: Manufacturing
Vertical: Medical (Machinery, Energy)
Size: 1,000+ employees
Geography: Western Europe, NAM
Key Stakeholders / Buyers
CIO
Business Line Manager or
VP, Director, Head of
Training, Service
Product: not bigger than a car
Data: CAD avaipable (for ONE)
Need: Business case/strategy
COMPANY
Medtronic plc is a medical device company that
generates the majority of its sales and profits
from the U.S. healthcare system but is
headquartered in the Republic of Ireland for tax
purposes. Medtronic has an operational and
executive headquarters in Fridley, Minnesota in
the U.S.
PRODUCTS
Medical technology, services and solutions:
• Cardiac & vascular
• Diabetes
• Minimally invasive therapies
• Restorative therapies
NUMBERS
Revenue: $30.6B
R&D Budget: $2.3B
Employees: 90,000+
Countries: 150+
Manufacturing Sites: 76
MARKET ENGINEERING
POSITIONING & MESSAGING MATRIX
▸ WHAT (our company is)


▸ WHY (compelling reason to buy)


▸ HOW (technology, product, category)


▸ FOR (target customer)


▸ THAT (value, problem solving)


▸ UNLIKE (primary competitor)
BRAND AS DEMAND ACCELERATOR & TRUST GENERATOR
BRAND ACCELERATES DEMAND
Hard to measure Easy to measure
Maybe to
measure
BRAND DEMAND
‣ Relevance


‣ Trust


‣ Credibility
‣ Faster


‣ Easier


‣ Lower cost
BRAND AS DEMAND ACCELERATOR & TRUST GENERATOR
IMPACT OF YOUR BRAND ON TRUST & DEMAND
TRUST/CREDIBILITY
DEMAND
MEDIA
COVERAGE
ANALYST
REPORT
WORD OF
MOUTH
TRUSTED
VENDOR
COMMUNITY
BUILDING
TALKS
THOUGHT
LEADER
BRAND AS DEMAND ACCELERATOR & TRUST GENERATOR
BRAND INCREASE SALES OPPORTUNITIES
RELEVANCE
‣ PROMISE


‣ TEAM


‣ MEDIA
‣ ON THE RADAR


‣ ON VENDOR LIST


‣ CONSIDERABLE PLAYER
KPI INPUT OUTPUT
BRAND AS DEMAND ACCELERATOR & TRUST GENERATOR
BRAND HELPS SALES TO SELL FASTER
RELEVANCE
‣ PROMISE


‣ TEAM


‣ MEDIA
‣ ON THE RADAR


‣ ON VENDOR LIST


‣ CONSIDERABLE PLAYER
TRUST
‣ SHOW SKILLS


‣ RELATIONSSHIPS


‣ APPEARANCE
‣ EASIER ENTRY FOR SALES


‣ ANALYST REPORTS


‣ FASTER DECISION MAKING
KPI INPUT OUTPUT
BRAND AS DEMAND ACCELERATOR & TRUST GENERATOR
BRAND REDUCES ACQUISITION COST
RELEVANCE
‣ PROMISE


‣ TEAM


‣ MEDIA
‣ ON THE RADAR


‣ ON VENDOR LIST


‣ CONSIDERABLE PLAYER
TRUST
‣ SHOW SKILLS


‣ RELATIONSSHIPS


‣ APPEARANCE
‣ EASIER ENTRY FOR SALES


‣ ANALYST REPORTS


‣ FASTER DECISION MAKING
CREDIBILITY
‣ THOUGHT LEADER


‣ ANALYST MAPS


‣ WORD OF MOUTH
‣ VENDOR SELECTION


‣ LESS SALES EFFORT


‣ VIRALITY
KPI INPUT OUTPUT
KEY TAKE-AWAYS
BRAND HELPS TO SELL MORE, FASTER AND AT LOWER COST
▸ More market
engineering leads to
better foundation


▸ Investment in brand
accelerates demand


▸ Feedback from the
demand side is
valuable input for the
market side
A BRAND IS NOT JUST A
LOGO - IT'S YOUR MOST
IMPORTANT ASSET
MARC BENIOFF
THANK YOU!
www.dirkschart.com


dirk.schart@re-
fl
ekt.com


@DirkSchart

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Brand as Demand Accelerator for Future Industries

  • 1. BRAND AS DEMAND ACCELERATOR FOR FUTURE INDUSTRIES DIRK SCHART
  • 2. REACH 2020 DIRK SCHART ▸ CMO & President @ RE’FLEKT, Sunnyvale/CA ▸ Mentor @ German Accelerator Silicon Valley ▸ Co-founder @ MobilityOS ▸ CEO @ HyperloopTT Digital Innovation Lab ▸ Product Owner Augmented Windows ▸ Communications @ SkyWork ▸ Author of two books about AR & Marketing
  • 3. TEXT 3 THINGS WE TALK ABOUT: ▸ Challenges of emerging tech and future industries ▸ Market Engineering as the foundation for your brand ▸ Brand as demand accelerator and trust builder
  • 4. CHALLENGES OF EMERGING TECH AND FUTURE INDUSTRIES CROSSING THE CHASM Enthusiasts Visionaries Pragmatists Conservatives Skeptics Early Markets Mainstream Markets THE CHASM ‣ Technology ‣ Features ‣ Evaluation ‣ Solutions ‣ Enterprise ready ‣ Value RELEVANCE CREDIBILITY DEMAND
  • 5. CHALLENGES OF EMERGING TECH AND FUTURE INDUSTRIES CROSSING THE CHASM Enthusiasts Visionaries Pragmatists Conservatives Skeptics Early Markets Mainstream Markets THE CHASM ‣ Technology ‣ Features ‣ Evaluation ‣ Solutions ‣ Enterprise ready ‣ Value RELEVANCE CREDIBILITY DEMAND 1.Understand your market and the shift in the audience 2.Grow with your customers from “early” to “mainstream” 3.Use your Brand to drive relevance, credibility and demand
  • 6. MARKET ENGINEERING MARKET SEGMENTATION Check the Frameworks ▸ Collect market and applications opportunities ▸ Use hypothesis and test cards to validate ▸ Avoid a “tunnel vision”
  • 7. MARKET ENGINEERING BEACHHEAD MARKET ▸ Narrow the market opportunities to 5 to 10 ▸ De fi ne that one pin, your beachhead ▸ Check which other pins can you hit without additional effort
  • 8. MARKET ENGINEERING UNDERSTAND YOUR AUDIENCE FROM “EARLY” TO “MAINSTREAM” ‣ Innovation Manager ‣ R&D Manager ‣ CIO ‣ Business Manager ‣ IT Manager Industry: Manufacturing Vertical: Medical (Machinery, Energy) Size: 1,000+ employees Geography: Western Europe, NAM Key Stakeholders / Buyers CIO Business Line Manager or VP, Director, Head of Training, Service Product: not bigger than a car Data: CAD avaipable (for ONE) Need: Business case/strategy COMPANY Medtronic plc is a medical device company that generates the majority of its sales and profits from the U.S. healthcare system but is headquartered in the Republic of Ireland for tax purposes. Medtronic has an operational and executive headquarters in Fridley, Minnesota in the U.S. PRODUCTS Medical technology, services and solutions: • Cardiac & vascular • Diabetes • Minimally invasive therapies • Restorative therapies NUMBERS Revenue: $30.6B R&D Budget: $2.3B Employees: 90,000+ Countries: 150+ Manufacturing Sites: 76
  • 9. MARKET ENGINEERING POSITIONING & MESSAGING MATRIX ▸ WHAT (our company is) ▸ WHY (compelling reason to buy) ▸ HOW (technology, product, category) ▸ FOR (target customer) ▸ THAT (value, problem solving) ▸ UNLIKE (primary competitor)
  • 10. BRAND AS DEMAND ACCELERATOR & TRUST GENERATOR BRAND ACCELERATES DEMAND Hard to measure Easy to measure Maybe to measure BRAND DEMAND ‣ Relevance ‣ Trust ‣ Credibility ‣ Faster ‣ Easier ‣ Lower cost
  • 11. BRAND AS DEMAND ACCELERATOR & TRUST GENERATOR IMPACT OF YOUR BRAND ON TRUST & DEMAND TRUST/CREDIBILITY DEMAND MEDIA COVERAGE ANALYST REPORT WORD OF MOUTH TRUSTED VENDOR COMMUNITY BUILDING TALKS THOUGHT LEADER
  • 12. BRAND AS DEMAND ACCELERATOR & TRUST GENERATOR BRAND INCREASE SALES OPPORTUNITIES RELEVANCE ‣ PROMISE ‣ TEAM ‣ MEDIA ‣ ON THE RADAR ‣ ON VENDOR LIST ‣ CONSIDERABLE PLAYER KPI INPUT OUTPUT
  • 13. BRAND AS DEMAND ACCELERATOR & TRUST GENERATOR BRAND HELPS SALES TO SELL FASTER RELEVANCE ‣ PROMISE ‣ TEAM ‣ MEDIA ‣ ON THE RADAR ‣ ON VENDOR LIST ‣ CONSIDERABLE PLAYER TRUST ‣ SHOW SKILLS ‣ RELATIONSSHIPS ‣ APPEARANCE ‣ EASIER ENTRY FOR SALES ‣ ANALYST REPORTS ‣ FASTER DECISION MAKING KPI INPUT OUTPUT
  • 14. BRAND AS DEMAND ACCELERATOR & TRUST GENERATOR BRAND REDUCES ACQUISITION COST RELEVANCE ‣ PROMISE ‣ TEAM ‣ MEDIA ‣ ON THE RADAR ‣ ON VENDOR LIST ‣ CONSIDERABLE PLAYER TRUST ‣ SHOW SKILLS ‣ RELATIONSSHIPS ‣ APPEARANCE ‣ EASIER ENTRY FOR SALES ‣ ANALYST REPORTS ‣ FASTER DECISION MAKING CREDIBILITY ‣ THOUGHT LEADER ‣ ANALYST MAPS ‣ WORD OF MOUTH ‣ VENDOR SELECTION ‣ LESS SALES EFFORT ‣ VIRALITY KPI INPUT OUTPUT
  • 15. KEY TAKE-AWAYS BRAND HELPS TO SELL MORE, FASTER AND AT LOWER COST ▸ More market engineering leads to better foundation ▸ Investment in brand accelerates demand ▸ Feedback from the demand side is valuable input for the market side
  • 16. A BRAND IS NOT JUST A LOGO - IT'S YOUR MOST IMPORTANT ASSET MARC BENIOFF THANK YOU! www.dirkschart.com dirk.schart@re- fl ekt.com @DirkSchart