Strategy

Research

Old: asking customers to fill out forms

weakness: client can only say what he already knows

Now: Ask people / look at sales from similar products

pitch the idea / visit customers of competitive products / non customers

observations / ask a social network questions / make prototypes

Creation Spiral

1.Wish vision mission

2. Imagine vivid description BHAG

3.Believe would you invest in it?

4. Express

5. Research very important

6. Plan strategy

Core Promiss of the company

1. What? Product / Service what do you make or do?Tone of voice / proposition / Brand DNA

Subtopic

2. Who? Customers / Value chain

r

Value chain is producer - intermediair - customerwith good marketing you can avoid having an intermediair

3.How? Where / logistics

commodity problem: transparancy of internet makes that on the market of commodities only prices matter

Companies have to had things to the commodity

Experience Ladder: with the example of coffee

Dreams come true: yet unknown

Awesome experiences: starbucks

Solutions: Nespresso machine

Services: coffee in a bar, more expensive

Goods: Grinded coffee, more expensive

Raw materials: Coffee beans, very cheap

This is valid only business to customer so not raw oil from producer to shell

History of Brands

1870's Identification branding: brand gives unique aspect to branding (USP = unique selling property)

Product benefit branding

symbolic branding: emotional dimension eg marlboro

experience branding: starbucks

societal branding: ethical values

total branding: total synchronization of story and company eg BMW

End Phase: Open branding: brands have always been invented behind a desk. Now people want to participate

development is driven by creation of more brands over time

a product without brand is a commodity

Intelligent vs Imaginative Marketing

Intelligent

BDO, build-a-brand-model

Define the DNA with Vision / Value / Voice

Good Vision is a paradox of two things that are hard to combine

eg Mechanics & Style

Values of a marketleader Vitality / Prestation / Harmony / Continuity

Every company has a place on the four axes

Every model has a division of rational / emotional / comparative

Imaginative