Wednesday, May 28, 2008
Monday, May 05, 2008
People Buy Brands Like They Make Friends
Some of the top lines from the article:
- Every action associated with a brand (products, advertising, events) has implications for brand friendship.
- Just like our friends, brands shape our experiences. They show up at work, at home, and everywhere in between.
- People have one great love story, if they’re lucky, but they will form several strong friendships.
- Brand just like friends could play any number of roles viz. Builder, Companion, Connector, Collaborator, Energizer, Mind Opener, Navigator, and Champion.
- Brand needs to build - TRUST, INFLUENCE, SELF-IDENTIFICATION, SHARED ACTIVITY & EVOLUTION.
Thursday, May 01, 2008
Innovation is socialistic
Innovation is socialistic constantly making things easy and affordable for the masses! Shrinking lifecycles and creating renewed challenges by commoditizing the product. Branding is the only sustained solution to compete in a ‘me too’ world.
Brand proposes innovation disposes.
Marketer the demigod?
We as marketers provide that ‘HOPE’ in modern society. Our consumers, are merely clusters of goals, aspirations and desires. We help associate and infuse desire into our brands we develop and manage, the portfolios of these brands into ‘esteemed’ to ‘good to have’. In an ever evolving world we create social structure. The social structure creates the framework of the cultural socio economics that is reflected in owning a BMW or a Kia and owning a Patek Phillippe or a timex.
Disagreement is the mother of ideation!
Recently during a conversation I mentioned to a couple colleagues I do not enjoyed working with people who cannot handle disagreement. I came from a culture where disagreement is often construed as disrespect. People often feel violated and resort to guilt tripping. Just imagine running a business where the top guy is either heavy handed or leveraging guilt to get his or her point, it would be a pretty difficult place to survive.
I have always believed anytime an individual confuses disagreement for disrespect, it short circuits the intellectual process. It takes a lot of self confidence to be able to accept and handle multiple points of view with ease and comfort. As a strategist one needs to be able to accept as many points of view as the number of people in a room. Anytime this requirement fails, it is obvious to me the organization has the wrong set of people or a poorly crafted reward system.
Since I believe Disagreement is the mother of ideation, the mercurial the staff the better the pipeline of ideas. It all starts at the widest end of the hopper until it converges based on style, structure, systems, staff, values skills and strategy (the McKinsey 7S model) into a single directed stream line of action!