Date post: | 15-Aug-2015 |
Category: |
Marketing |
Upload: | sameer-mathur |
View: | 81 times |
Download: | 5 times |
KRAFT MARKETERS RESEARCHED SHOPPER’S ATTITUDES TOWARDS
THEIR SLIGHTLY-SWEETER-THAN-MAYONNAISE
SANDWICH SPREAD
HOW IS IT BENEFICIAL ? HIGHLY POLARISING BRANDS HAVE - LOYAL CUSTOMERS LESS RISK INVOLVED IN MARKET INVESTMENT
KRAFTS LAUNCHED AN AD CAMPAIGN WITH
LOVE-EM-OR-HATE-
EM CELEBRITIES HAVING OPPOSITE
VIEWS OF THE PRODUCT
A MIDDLE SCORING BRAND CAN BE HIGHLY
POLARIZING
EQUAL & LARGE NUMBER OF FERVENT SUPPORTERS
& PASSIONATE DETRACTORS
GREATER POLARIZATION
IS EQUAL TO
1. HIGHER % OF BRAND DEVELOPERS AND LOVERS
2. HIGHER STANDARD DEVIATIONS
PLACATE THE HATERS
TRY TO CHANGE THE HATER’S MINDSET
REDUCES NEGATIVE WORD OF MOUTH & CREATES POTENTIAL BUYERS
BETTY CROCKER TOOK STEPS TO ASSUAGE ITS CRITICS
MyBlogSpark
GLUTEN-FREE MIX CELIAC DISEASE
FOUNDATIONS liveglutenfreely.com
POKE THE HATERS
COMPANIES ANTAGONIZE BRAND DETRACTORS
CREATES BUZZ RECONNECTS WITH ENTHUSIASTIC CUSTOMER
PROVOCATIVE ANNOUNCEMENTS PUT IT IN HEADLINES &
CEMENTED ITS REPUTATION OF
OFFERING ROCK-BOTTOM FARES
AMPLIFY A POLARIZING ATTRIBUTE
COMPANIES CREATE NEW PRODUCTS THAT AMPLIFY POINT OF DIFFERENTIATION TO BOOST LOYALTY & REVENUE FROM DIEHARD FANS
TO STAND APART FROM A CROWD AND
DIFFERENTIATE FROM COMPETITOR, MARKETER
MAY WISH TO INTRODUCE POLARIZATION
2 TECHNIQUES ARE AS
FOLLOWS
DRIVE A WEDGE
TRYING TO BE ALL THINGS TO ALL PEOPLE CAN BACKFIRE
DO MARKET RESEARCH AND TARGET SPECIFIC SEGMENTS
STRONGBOW INVESTED HEAVILY IN THE CORE
MARKET AND LOST NEWER CUSTOMERS
LAUNCHED AN AD
CAMPAIGN “BOWTIME: HARD EARNED”
THE STRATEGY SUCCEDED ITS APPEAL AMONG
TRADITIONAL DRINKERS INTENSIFIED AND FELL
AMONG HIPSTERS
AS POLARIZATION INCREASED SO DID
SALES
LAUNCH A PROVOCATIVE AD
TO INCREASE VISIBILITY MARKETERS RUN ADS ALL BUT DESIGNED TO TURN OFF A CERTAIN SHARE OF VIEWERS
PROGRESSIVE MADE FLO A REAL PERSON WITH A BIG PERSONALITY AND MANY FOUND HER ANNOYING
NEGATIVE REACTION
RAISED BRAND AWARENESS AND
INCREASED SALES
WHETHER YOU LOVED HER OR HATED HER YOU JUST COULDN’T IGNORE HER
GOLDEN RULE – NO PUBLICITY IS BAD
PUBLICITY
THERE ARE BRAND WARS HAPPENING ON SOCIAL
MEDIA BETWEEN DIFFERENT BRANDS, AND BETWEEN THEIR
LOYAL CUSTOMERS IN REAL TIME
DISCLAIMER Created by Bhavnoor Singh, IIT Roorkee, during a marketing internship by Prof. Sameer Mathur, IIM Lucknow. (See www.IIMInternship.com )