10.04.2013 Views

Branding in the Digital Age - Edmar Bulla

Branding in the Digital Age - Edmar Bulla

Branding in the Digital Age - Edmar Bulla

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Up to 90% of spend goes<br />

to advertis<strong>in</strong>g and retail<br />

promotions. Yet <strong>the</strong><br />

s<strong>in</strong>gle most powerful<br />

impetus to buy is often<br />

someone else’s advocacy.<br />

<strong>Brand<strong>in</strong>g</strong> <strong>in</strong> <strong>the</strong> <strong>Digital</strong> <strong>Age</strong>•••SPOTLIGHT ON SOCIAL MEDIA AND THE NEW RULES OF BRANDING<br />

rais<strong>in</strong>g races; and customized onl<strong>in</strong>e tra<strong>in</strong><strong>in</strong>g<br />

programs. Thus its customers’ engagement<br />

with <strong>the</strong> brand doesn’t necessarily beg<strong>in</strong> or<br />

end with a purchase. And millions of consumers<br />

<strong>in</strong> Japan have signed up to receive mobile<br />

alerts from McDonald’s, which provide tailored<br />

messages that <strong>in</strong>clude discount coupons,<br />

contest opportunities, special-event <strong>in</strong>vitations,<br />

and o<strong>the</strong>r unique, brand-specific<br />

content.<br />

These companies are not <strong>in</strong>discrim<strong>in</strong>ate <strong>in</strong><br />

<strong>the</strong>ir use of <strong>the</strong> tactics available for connect<strong>in</strong>g<br />

with customers. Instead <strong>the</strong>y customize <strong>the</strong>ir<br />

approaches accord<strong>in</strong>g to <strong>the</strong>ir category, brand<br />

position, and channel relationships. Apple has<br />

not yet done much m<strong>in</strong><strong>in</strong>g of its customer data<br />

to offer more-personalized messag<strong>in</strong>g. Nike’s<br />

presence on search eng<strong>in</strong>es shows little dist<strong>in</strong>ctiveness.<br />

McDonald’s hasn’t focused on leverag<strong>in</strong>g<br />

a core company website. But <strong>the</strong>ir decisions<br />

are deliberate, grounded <strong>in</strong> a clear sense<br />

of priorities.<br />

New Roles for Market<strong>in</strong>g<br />

Develop<strong>in</strong>g and execut<strong>in</strong>g a CDJ-centric strategy<br />

that drives an <strong>in</strong>tegrated customer experience<br />

requires market<strong>in</strong>g to take on new or expanded<br />

roles. Though we know of no<br />

company that has fully developed <strong>the</strong>m,<br />

many, <strong>in</strong>clud<strong>in</strong>g <strong>the</strong> consumer electronics firm<br />

we advised, have begun to do so. Here are<br />

three roles that we believe will become <strong>in</strong>creas<strong>in</strong>gly<br />

important:<br />

Orchestrator. Many consumer touch po<strong>in</strong>ts<br />

are owned-media channels, such as <strong>the</strong> company’s<br />

website, product packag<strong>in</strong>g, and customer<br />

service and sales functions. Usually<br />

<strong>the</strong>y are run by parts of <strong>the</strong> organization o<strong>the</strong>r<br />

than market<strong>in</strong>g. Recogniz<strong>in</strong>g <strong>the</strong> need to coord<strong>in</strong>ate<br />

<strong>the</strong>se channels, one of our clients, a<br />

consumer durables company, has moved its<br />

owned-media functions <strong>in</strong>to <strong>the</strong> sphere of <strong>the</strong><br />

chief market<strong>in</strong>g officer, giv<strong>in</strong>g him responsibility<br />

for orchestrat<strong>in</strong>g <strong>the</strong>m. Along with traditional<br />

and digital market<strong>in</strong>g communications,<br />

he now manages customer service and market<br />

research, product literature design, and <strong>the</strong><br />

product registration and warranty program.<br />

Publisher and “content supply cha<strong>in</strong>” manager.<br />

Marketers are generat<strong>in</strong>g ever-escalat<strong>in</strong>g<br />

amounts of content, often becom<strong>in</strong>g publishers—sometimes<br />

real-time multimedia publishers—on<br />

a global scale. They create videos<br />

for market<strong>in</strong>g, sell<strong>in</strong>g, and servic<strong>in</strong>g every<br />

product; coupons and o<strong>the</strong>r promotions delivered<br />

through social media; applications and<br />

decision support such as tools to help customers<br />

“build” and price a car onl<strong>in</strong>e. One of our<br />

clients, a consumer marketer, realized that<br />

every new product release required it to create<br />

more than 160 pieces of content <strong>in</strong>volv<strong>in</strong>g<br />

more than 20 different parties and reach<strong>in</strong>g<br />

30 different touch po<strong>in</strong>ts. Without careful coord<strong>in</strong>ation,<br />

produc<strong>in</strong>g this volume of material<br />

was guaranteed to be <strong>in</strong>efficient and <strong>in</strong>vited<br />

<strong>in</strong>consistent messag<strong>in</strong>g that would underm<strong>in</strong>e<br />

<strong>the</strong> brand. As we sought best practices, we discovered<br />

that few companies have created <strong>the</strong><br />

roles and systems needed to manage <strong>the</strong>ir content<br />

supply cha<strong>in</strong> and create a coherent consumer<br />

experience.<br />

Uncoord<strong>in</strong>ated publish<strong>in</strong>g can stall <strong>the</strong> decision<br />

journey, as <strong>the</strong> consumer electronics firm<br />

found. Our research shows that <strong>in</strong> companies<br />

where <strong>the</strong> market<strong>in</strong>g function takes on <strong>the</strong><br />

role of publisher <strong>in</strong> chief—rationaliz<strong>in</strong>g <strong>the</strong><br />

creation and flow of product related content—<br />

consumers develop a clearer sense of <strong>the</strong> brand<br />

and are better able to articulate <strong>the</strong> attributes<br />

of specific products. These marketers also become<br />

more agile with <strong>the</strong>ir content, readily<br />

adapt<strong>in</strong>g it to sales tra<strong>in</strong><strong>in</strong>g videos and o<strong>the</strong>r<br />

new uses that ultimately enhance consumers’<br />

decision journey.<br />

Marketplace <strong>in</strong>telligence leader. As more<br />

touch po<strong>in</strong>ts become digital, opportunities to<br />

collect and use customer <strong>in</strong>formation to understand<br />

<strong>the</strong> consumer decision journey and<br />

knit toge<strong>the</strong>r <strong>the</strong> customer experience are <strong>in</strong>creas<strong>in</strong>g.<br />

But <strong>in</strong> many companies IT controls<br />

<strong>the</strong> collection and management of data and<br />

<strong>the</strong> relevant budgets; and with its traditional<br />

focus on driv<strong>in</strong>g operational efficiency, it<br />

often lacks <strong>the</strong> strategic or f<strong>in</strong>ancial perspective<br />

that would <strong>in</strong>cl<strong>in</strong>e it to steer resources toward<br />

market<strong>in</strong>g goals.<br />

More than ever, market<strong>in</strong>g data should be<br />

under market<strong>in</strong>g’s control. One global bank offers<br />

a model: It created a <strong>Digital</strong> Governance<br />

Council with representatives from all customerfac<strong>in</strong>g<br />

functions. The council is led by <strong>the</strong><br />

CMO, who articulates <strong>the</strong> strategy, and attended<br />

by <strong>the</strong> CIO, who lays out options for execut<strong>in</strong>g<br />

it and receives direction and fund<strong>in</strong>g<br />

from <strong>the</strong> council.<br />

We believe that market<strong>in</strong>g will <strong>in</strong>creas<strong>in</strong>gly<br />

take a lead role <strong>in</strong> distribut<strong>in</strong>g customer <strong>in</strong>sights<br />

across <strong>the</strong> organization. For example,<br />

harvard bus<strong>in</strong>ess review • december 2010 page 7

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!