How Cool Brands Stay Hot @ SRM (by Joeri Van den Bergh)

Post on 08-May-2015

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description

Generation Y (13-29 year olds) are the most marketing savvy and advertising critical generation ever. Three times the size of the previous Generation X, they have a much bigger impact on society and business. But what drives this generation and how do you develop the right brand strategies to reach this critical generation.How Cool Brands Stay Hot reveals what drives Generation Y and how you can reach them. Based on five years of intensive new youth research by InSites Consulting, it provides insights into the consumer psychology and behaviour of ‘the Millennials’. It will help you to connect with this new generation of consumers by understanding their likes and dislikes, and how you can make your advertising, marketing and branding relevant to them.Full of case studies and interviews with global marketing executives of successful brands such as Jack & Jones, Nokia, H&M, Nike, Levis and Coca-Cola.

transcript

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Source: InSites Consulting 16 country study January 2011 – 4,065 respondents aged 15-25 in USA, UK, Russia, Germany, France, Denmark, Sweden, Netherlands, Belgium, Spain, Italy, Romania, Poland, Brazil, India, and China.

R2=.57

R2=.74

R2=.62

InSites Consulting Brand Model tested by path analysis

Cool

Cool

//COOL =

0.38*Original

Cool

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Innovation, novelty and scarcity

Cool

Cool

//COOL =

0.20*Popular

Cool

#146 Cool

Cool

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Cool

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Cool

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Cool

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Cool

//Template 1    •  Tekst ① Act, don’t tell ②  Innovate and surprise ③ Friends are the COOL filter

Cool

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Insert  movie  Adidas  

Real

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Real

//Authenticity for Generation Y

Real

Real

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Real

//Human branding

Real

QUESTION: What/Who are the most credible information sources to decide whether a jeans brand is appropriate for you? Source: InSites Consulting BENELUX study for LEVI’s Europe 2008

//re-Humanizing marketing

Real

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Real

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Real

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① Stay true to your roots, but don’t shout

② Warm is the new cool ③ Be open and respectful, listen (like friends)

Real

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Unique

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//Michael stole the moonwalk from David…

Unique

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// who stole it from Marcel Marceau

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//Does this remind you of something?

Unique

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//Dietrich Mateschitz

Unique

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//Uniqueness by stealing from other industries

Unique

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Unique

Unique

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//Evolution of the environment in denim

Unique

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//But watch out for ADAPTITIS…

Unique

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① Sustain your unique proposition & style ② But adapt to the changing environment ③ Not forgetting about your core audience

Unique

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Self

Self

Self

Self

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Insert  movie  rorschach  U  by  Kotex  

Self

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Self

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Self

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Self

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Self

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Self

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Self

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Self

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① Don’t offer products, support lifestyles ② Never use tribes on the outskirts

③ Vary & combine different passion points

Self

Happy

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Happy

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Happy

Happy

// I WILL NEVER FORGET THE DAY…

Surprise  

Fear  

Anger  

Sadness  

Disgust  

Meeting the love of my life

Becoming a sport champion

My first kiss

Extreme experience (e.g. skydiving, mount climbing)

Parents got divorced

New school

Encountered aggression

When I was dumped by my partner

Death of a person close to me

Was diagnosed with a serious

illness

When I got in a fight

Discovered I had no real friends when I needed them most Moved

Graduated

Got my driving license

Being dumped by my boy/girl friend

N = 40

N = 13

N = 14

N = 93

N = 30

Source; InSites Consulting 16 country study January 2011 – 4,065 respondents aged 15-25 in USA, UK, Russia, Germany, France, Denmark, Sweden, Netherlands, Belgium, Spain, Italy, Romania, Poland, Brazil, India, and China.

Happiness  N = 156

Happy

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Happy

// I WILL NEVER FORGET THE DAY…

Surprise  

Fear  

Anger  

Sadness  

Disgust  

Meeting the love of my life

Becoming a sport champion

My first kiss

Extreme experience (e.g. skydiving, mount climbing)

Parents got divorced

New school

Encountered aggression

When I was dumped by my partner

Death of a person close to me

Was diagnosed with a serious

illness

When I got in a fight

Discovered I had no real friends when I needed them most Moved

Graduated

Got my driving license

Being dumped by my boy/girl friend

N = 40

N = 13

N = 14

N = 93

N = 30

Source; InSites Consulting 16 country study January 2011 – 4,065 respondents aged 15-25 in USA, UK, Russia, Germany, France, Denmark, Sweden, Netherlands, Belgium, Spain, Italy, Romania, Poland, Brazil, India, and China.

Happiness  N = 156

Happy

Happy

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Happy

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Happy

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① Deliver gratifications, not just pleasures ② Don’t use negative emotions ③ Happiness is the new rebellion

Happy