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“ We can, We will ”
Brand Marketing 10
Marketing Research / IP / E-Marketing
Shim, Jae hak
2015-05-04
Contents
1
E-Marketing & Brand2
Marketing Research for Brand
3 Legal Protection for Brand
2015-05-04 Shim, Jaehak ([email protected])
What we will discuss and achieve today ?
3
Definition of
marketing research
The systematic gathering, recording, and analysis of
data about issues relating to marketing products and
services
(McDonald, Malcolm (2007), Marketing Plans (6th ed.)
Consumer R / Trade R
Quantitative R / Qualitative R
Ad-hoc R / Tracking R
Market Research vs. Marketing Research
2015-05-04 Shim, Jaehak ([email protected]) 4
Why Do We Need ?
How can you know you are in right track ?
How can you get ground truth about the viability of your
marketing idea?
How can you say your brand is health ?
We Needs information and data ...
2015-05-04 Shim, Jaehak ([email protected]) 5
Give Me Credible
Information / Data
Behavioral data reveals in-market performance:
What is my brand‟s market share and its trends?
Does it have strong penetration and loyalty?
Does it operate in a growing category?
Attitudinal data deconstructs the consumers‟ feelings
towards the brand:
Do they love my brand?
What tangible and intangible associations do consumers have of
my brand?
Are they open to other brands?
Are they beginning to feel anxious about the category in which
my brand operates?
2015-05-04 Shim, Jaehak ([email protected]) 6
Marketing Research
Marketing decisions need the support of marketing
research in order
To be viewed favorably by customer
To stand up to completion and other external pressures
To reduce trial and error (Too huge risk)
Also, Marketing Research as foundation of the marketing
To give a picture of what is occurring (or likely to occur) and
when done well
To offers alternative choice that can be made
To give the Insight of consumer
To justify the decision
2015-05-04 Shim, Jaehak ([email protected]) 7
2015-05-04 Shim, Jaehak ([email protected]) 8
Identify the
Information
Requirement
Problem
Definition
Choose Unit
of Analysis
Examine Data
Availability
Assess Value
of Research
Research
Design
Analyzing
Data
What information do I need
and why ?Problem, Issues, Effect on Action
Target & its scope, Global or
Local ?
Secondary data ?
Effectiveness & budget ?
Data collection ?
Research
Methodology ?
Implication
of Data ?
Marketing Research
Process
Importance of
Information
“ Information is a critical ingredient in formulating and
implementing a successful marketing strategy”
Key of Brand Managers should understand
The importance of information technology and marketing
information system as strategic assets
How to manage the marketing information collection system and
marketing research efforts
To formal market research process
2015-05-04 Shim, Jaehak ([email protected]) 9
How P&G sells $76
billion to the world?
“ We often find consumers can’t articulate it. That’s why we need
to have a culture where we are understanding. There can’t be
detachment. You can’t just live away from the consumer and the
brand and hope to gain your insights from data or reading or
talking to academics. You have to be experiential. And some of
our best ideas are coming from people getting out there and
experiencing and listening.”
(Jim Stengel, Global Marketing Officer at P&G)
2015-05-04 Shim, Jaehak ([email protected]) 10
For More, Visit & Read
http://money.cnn.com/magazines/fortune/fo
rtune_archive/2007/09/17/100258870/?pos
tversion=2007090511
Primary Information : The initial data collected during the
research process
The 2ndary Information : Collecting and processing data
from
Published or researched by others
Usually save time & budget with larger database
Internal source / Personal source
Global network as competitive advantage
Internal local people
2015-05-04 Shim, Jaehak ([email protected]) 11
Source of Information
Respect internal information source
Our principal sources are internal. We have a very well-informed
and able overseas establishment. The local people have a double
advantage. They know the local scene and they know our
business. Therefore, they are an excellent source. They know
what we are interested in learning, and because of their local
knowledge they are able to effectively cover available
information from all sources.
(Source : Nestle Headquarters Executive,
Global Marketing, Warren J.)
2015-05-04 Shim, Jaehak ([email protected]) 12
Information Technology for
Brand Management
IT : An organization‟s processes for creating, storing,
exchanging , using and managing information.
MIS should cover company's internal information and external
environment (global & local) including customers and competitors
IT is not show up or toy but strategic tool going together with
marketer
“My vision is to design, build, sell and maintain cars. Everything I
do is directly linked to this, to the urgent need to increase turnover,
margins, and brand image. Every single investment and
express in the IT field has to be driven by the vision.”
(Jean-Pierre Corniou,
Chief Information Officer at Renault)
2015-05-04 Shim, Jaehak ([email protected]) 13
Formal Marketing
Research
Systematic gathering with the given purpose
Two different objectives and ways
Continuous regular research
• Tracking the trends of the business
• Ex) Brand Health Index, Retail Audit
Ad-hoc research
• Project specifics
The challenge of Global market research
National differences that influenced the way
information can be obtained
Cultural, linguistic, economic, political,
religious, historical and market difference
2015-05-04 Shim, Jaehak ([email protected]) 14
Global Market
Research Firms
2015-05-04 Shim, Jaehak ([email protected]) 15
Rank Firm NameHome
Country
Research
Revenue (2004)Competitive Focus
1 VNU NVUS &
Netherlands$ 3.4 B
Nielsen – Media
research, Retail audit
2Taylor Nelson
Sofres PLCUK $ 1.7 B
Qualitative, Social
research
3 IMS Health Inc. US $ 1.6 BPharmaceutical &
Healthcare
4 Kantar GroupUS (WPP
group)$ 1.1 B Brand Health & Media
5 Gfk Group Germany $ 0.9 BConsumer tracking
survey, health care
AMI PinPointTM
Brand image positioning & strategic attributes analysis
Example of Leading
Research Program
2015-05-04 Shim, Jaehak ([email protected]) 16
Shaping A New Vision For
Tracking
Shaping A New Vision For
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Asia’s Premier Brand Equity Tracking
Research Technique
BrandVisionTM
Continuous evaluation of brand health & advertising effectiveness
The Conversion Model®
Brand equity strength & measurement
AMI PinPointTM
Conversion ModelTM
Wo rld cla ss research t hro ug ho ut AsiaWo rld cla ss research t hro ug ho ut Asia RefRef : J: \WALKER\GENERAL\PRESENT\: J: \WALKER\GENERAL\PRESENT\ 1098NEW1098NEW.PPT.PPT nn 1515
Asia Market Intelligence
Wo rld cla ss research t hro ug ho ut Asia Conf ident ial
AMI CSM®
Understanding & strengthening customer relationships
17-Jul-99 n 3World class research throughout Asia
An AcuPOLL SessionAn AcuPOLL Session
RespondentsEnter
responses on Keypads &
follow
questions in QuestionnaireClients & Research Team Monitoring responses
Data
Technician Monitoring
& Checking
responses
"Moderator" - Reading all questions - Describing Concepts - Qualitative probing AcuPOLL®
Central location based new product concept testing
Novaction®
Market simulation model for brand and product development
NOVACTION
11 AVENUE DUBONNET 92407 COURBEVOIE CEDEX - TEL: 49.04.43.33
SALESBRANDMIX
OPERATINGMIXWHATIF?
WHY?HOW
MUCH
?
PROFITABLE BRAND DEVELOPMENT
DEVELOPPEMENT DE MARQUES PROFITABLES
ENTWICKLUNG ERFOLGREICHER MARKEN
LO SVILUPPO DI UN PRODOTTO PROFITTABILE
ES DESARROLLO DE MARCAS RENTABLES
Q Quest (AMI Sensory)
Product and packaging concept testing
2009/4/18 n 13World class research throughout Asia
AMI Sensory: Facial Scale How much do you like this product altogether?
How much do you like the look of the product?
How much do you like the feeling of this productin your mouth?
How much do you like the taste of this product?
- Page 1 -N:\MIRANDA\ADCHECK\STD-RPT.PPT
Confidential
AdCheckTM
AMI AdCheckTM
Advertising concept testing
Example of Leading
Research Program
Pricing ResearchPricing Research
Invaluable input to effective pricing decision
2015-05-04 17Shim, Jaehak ([email protected])
?“Will They Be Our Customers In A Year’s
Time?”.
Brand Healthiness
Brand Healthiness measures
should indicate whether: our customers are likely to remain
with us.
our brand holds appeal to non-
users.
Research that measures past or
current behaviour alone can only
tell us where we are at the
moment.
The real value is providing
insight on where we are going.
2015-05-04 18Shim, Jaehak ([email protected])
Measuring Brand
Strength
For right marketing decision we need psychological analysis
of commitment to brands, incorporating measures of
InvolvementSatisfactionAttitudes
Commitment
2015-05-04 19Shim, Jaehak ([email protected])
Brand ProtectionIntellectual Property
IP provide legal protection for some of the most
important aspects of a brand
Common coverage : the name, logo, label designs,
packaging shapes, advertising, slogans, domain names
and sometimes the product itself
Purpose of the rights
To be essentially preventative in effect
To encourage investment and innovation and to discourage
copying
2015-05-04 Shim, Jaehak ([email protected]) 20
Assigning or Licensing
IP may be bought, sold, mortgaged or leased
An important business opportunity and source of income.
Rights tend to be national with every country having its
own laws and Owning a right in one country does not
necessarily mean the right is held in another country.
The main rights associated with brands are:
Trademarks (registered or common law)
Copyright and database rights
Designs
Patents
Unfair competition/passing off
Trade secrets/confidentiality.
2015-05-04 Shim, Jaehak ([email protected]) 21
Brand ProtectionIntellectual Property
Trademarks
Choose new trademarks carefully.
Make sure they aren‟t being used by others.
Register the trademark.
Make sure you use them correctly.
Control their use when licensing and Take action against misuse
Copyright
Ensure that with any creative work from an outside supplier the
copyright is transferred to you.
When merchandising copyright material, control and monitor
usage.
Where possible find ways to incorporate small but deliberate
mistakes to prove copying has taken place.
Take action on copying immediately.
2015-05-04 Shim, Jaehak ([email protected]) 22
Brand ProtectionBest Practices
Designs
Apply for design registration as soon as possible – certainly
within 12 months of „publicly‟ disclosing the design.
For Unregistered Design Right, record the design in a design
document or make a prototype to obtain protection.
Ensure your rights are acknowledged and protected in any
merchandising agreement.
Look out for copies and take action if you find any.
Patents
Keep ideas confidential until filing a patent application.
Mark everything involved as confidential.
Before filing only make any disclosures to those under
an obligation of confidence
If you commission work that includes an invention,
try to get all patent rights outright.2015-05-04 Shim, Jaehak ([email protected]) 23
Brand ProtectionBest Practices
NEW Era of
E-commerce
“Here and now begins a new era in the history of
the world, and you can say you were there”.
(J. W. von Goethe, 1749-1832)
“The Internet makes old, young. Makes big, small.
Makes slow, fast. Any company, old or new, that
does not see this technology literally as important as
breathing, could be on its last breath”.
(Jack Welch)
2015-05-04 Shim, Jaehak ([email protected]) 25
Digital Revolution
2015-05-04 Shim, Jaehak ([email protected]) 26
Digital Revolution
A Paradigm shift resulting from technological advances that
allow for the digitalization of analogue sources of information,
sounds, and image
Drives the creation of new companies, industries and markets in
all parts of the world
Destruct the companies, industries and markets transforming the
commerce and life of the world.
E-marketing
Using the Internet to strengthen the competitive advantages of
brick-and-mortar firms by creating “click-and-mortar”
Potentiality of Internet
2015-05-04 Shim, Jaehak ([email protected]) 27
Source) http://www.internetworldstats.com/stats.htm
Global Internet Users : 1.5 billion
30% use internet banking
Global e-commerce revenue in 2004 : $2.7 trillion
Online music spending $3.3 billion (26%) in 2004
24 terabytes of data recorded per 48 hours in Yahoo
What Is e-Marketing
Using the Internet to strengthen the competitive
advantages of brick-and-mortar firms by creating
“click-and-mortar”
2015-05-04 28Shim, Jaehak ([email protected])
What Can Internet
Do for My Business
?
Tool for business planning Information resource
Communications
Cost reduction
Marketing research
Part of a marketing mix Product offering
Channel of distribution
Ads and promotion medium
2015-05-04 29Shim, Jaehak ([email protected])
Why is e-Marketing
Critical?
Efficiency
Complexity
Mass
Production
Selling
Brand
Management
Customer
Management
2015-05-04 30Shim, Jaehak ([email protected])
What Internet
Really Can Do ?
2015-05-04 Shim, Jaehak ([email protected]) 31
Relationship
Building
Brand Building
Globalness Building
What Is Branding ?
Creating an image/identity in consumers
Key benefits
Rational attachment
Emotional attachment
Communicating the promise
Various media / IMC
Online & offline
Delivering the promise
Providing „augmented product;
Before Service
Purchase
After Service
2015-05-04 32Shim, Jaehak ([email protected])
What Is e-Branding
Branding through Internet….
Uniqueness..
High involvement
Targetability
Customized offering
Interactivity
Duration of impact
Representing vs. experiencing
• Experiential branding
www.bmw.com
2015-05-04 33Shim, Jaehak ([email protected])
Online
Communication
A clear message/identity
Simplicity is the key - google
Integrated e-marketing program
Brand spiraling – Benetton (www.benetton.com)
Interesting/engaging communication
Advertainment – Kodak (www.kodak.com)
Proper measurement
CPM, click-through
2015-05-04 34Shim, Jaehak ([email protected])
Online “Delivery”
Providing a satisfactory solution Personalization
• Dell computer (www.dell.com)
• Amazon (www.amazon.com)
Providing an exciting “surfing” experience Miller Beer (www.millerbrewing.com)
Budweiser (www.budweiser.com)
Strengthening brand bonding via meaning Online community
• AOL(www.aol.com)
• eBay (www.ebay.com)
2015-05-04 35Shim, Jaehak ([email protected])
Website
Classification
Traditional classification by purpose
Promotion Sites
Content Sites
Transaction Sites
Current : Holistic site categorized by
2015-05-04 Shim, Jaehak ([email protected]) 36
Low
UST,
Washington PostSuilt.com.ph
P&G, Gucci Amazon.com, Dell
Information/Support Transactions
Web Site Contents
Domestic
Global
Au
die
nce
Fo
cu
s
Website Design
Solution quality
Completeness
Customisation
“Surfing” experience
Don‟t think about the web visit. Think about the web
visitor
Convenience, usability, engagingness, consistency
“Feeling” and “emotion”
Colour, graphics, human touch
2015-05-04 37Shim, Jaehak ([email protected])
Key of E-marketing
Identify „Right‟ e-Customers
Winner companies concentrate on winner customers!
• Acquiring and retaining profitable customers
• Pareto‟s Law: 80/20 rule
Finding profit zone
• Transaction vs. relationship buyers
Personalization
Provide exact bundle of benefits to each individual
• Don‟t think “mass”, think “me”
Vendor- and customer driven
• Product (website)
• Other 4Ps
“Creeping” personalization
2015-05-04 38Shim, Jaehak ([email protected])
How global leading
company works ?
www.coke.com
www.mcdonalds.com
www.microsoft.com
www.walmart.com
2015-05-04 40Shim, Jaehak ([email protected])
e-Channel Dilemma
Pros CRM, cost saving
True value
Cons Channel conflict
Cannibalisation
Dark side of the Internet
Lack of „human touch‟
„Faceless‟ customers
Expensive game
Cultural incompatibility
Channel conflict
2015-05-04 41Shim, Jaehak ([email protected])
Questions to Ask
What about the communication?
What about the solution?
What about the “surfing” experience?
What about the “emotion”?
Where is the “love”?
2015-05-04 42Shim, Jaehak ([email protected])
Making Machines…
User friendly
Sticky
Humane
Emotional
2015-05-04 43Shim, Jaehak ([email protected])
Quotes
“The Web should be architectured to allow the
customer to experience the company brand”
Keith Fox, VP Marketing, Cisco
“Fundamentally, branding on the Internet is
really about relationships,…you engage your
customer individually”
Bob Drof, President, Peppers & Rogers
2015-05-04 44Shim, Jaehak ([email protected])
Welch Speaks
Again
“The Internet is allowing us to make quantum changes,
real breakthroughs. You can‟t think incrementally, you
have to think transformationally.”
“Destroy your business!”
2015-05-04 45Shim, Jaehak ([email protected])
Wrap-up
Marketing Research
Role & Scope
Marketing Research Process
Practice
Potential and Practice of E-Marketing
Brand Protection by IP and its practice
Concept & coverage
Practical Options
2015-05-04 Shim, Jaehak ([email protected]) 46