it is all about the customer!
TRANSCRIPT
/Founder & CEO of Vivaldi/Erich Joachimsthaler, Ph.D
IT IS ALL ABOUT THE CUSTOMERApril 2015
INNOVATION & GROWTH
1960 - 1970 1990 - 2000 2010 - Today
ALWAYS ON CONSUMER (AOC)
SMART NATIVES
GENERATION D
ICONSUMER
GEN C
PERPETUALLY CONNECTED CONSUMER
NEW ULTRA-CONNECTED CONSUMER
ALWAYS-ADDRESSABLE CONSUMER
MOBILE CONSUMER
CONNECTED CONSUMER
THE EMPOWERED CONSUMER
Mad Men Branding
Strategic Brand Management
Building Brands in the Digital Age
Why branding?
Awareness
Image
Advertising
Relevance
Differentiation
Emotionalization
Connection Engagement
Experience
Value Exchange / Utility
Mad Men Branding Strategic Brand Management
Building Brands in the Digital Age
Products in search of
consumers:
• Needs
• Wants
• Frustrations
Products in search of
consumers:
• Needs
• Wants
• Frustrations
• Purpose
• Emotional benefits
• Higher-order values
Products in search of
consumers:
• Or services, or anything that
solves my challenges, problems,
issues, here and now or later
• Build relationships
Mad Men Branding Strategic Brand Management
Building Brands in the Digital Age
CUSTOMERS AS OBJECTS
NeedsHigher–order versus lower-order
WantsEmotionalizing
FrustrationsFrictions to minimize, eliminate, or avoid
Habits
CUSTOMERS AS BUSINESSES
ObjectivesImprove people’s lives (health, wealth, happiness) deliver results
DecisionsInformation, tools, advice
ProcessTime, money, energy, cost, benefit
Product/ServiceUsefulness, value, utility
ContextDaily life, whole life, work
SOURCE: SEAN MITCHELL, 2007
Solve Something
Enable People
Deliver Value
Help Manage their Lives
Fit Into their Lives
Give People Time Back
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IMPROVING PEOPLE’S LIVES
NEW CAPABILITIES TO BUILD BRANDS & DRIVE GROWTH
CORPORATE STRATEGY
CORE COMPETENCIES
MARKETING 4PS
VALUE CHAIN
STRATEGIC INTENT
IN SEARCH OF EXCELLENCE
R&DPORTFOLIO
INNOVATION
BRANDPURCHASE FUNNEL
BUSINESS MODEL
DESIGN360 DEGREE CAMPAIGN
DISRUPTION
PROCESSES, STRUCTURE
BRAND EXPERIENCE
ECOSYSTEMDIGITAL DARWINISM
CUSTOMER DECISION JOURNEY
TRANSFORMATION
CONNECTED DEVICES
CONTEXT
360 DEGREE CONVERSTAIONS
SOCIAL CURRENCYME EXPERIENCE
BIG DATA, MOBILE
“I grew up in a physical world, and I speak English.
The next generation is growing up in a digital world, and they speak
social.”
Angela Ahrendts /CEO - Burberry/
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TweetWalk
Runway to Reality
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Thank you!
@ejoachimsthaler
e j@ vivaldigroup .com
Erich Joachimsthaler, Ph.D./ Founder & CEO of Vivaldi /