Thursday, December 8, 2011

Digital What?


Throughout 2011, the same sort of questions kept coming up as we talked with the good folks at brands. No matter what the category, it seems every CMO is wrestling with similar dilemmas, which can be boiled down to one big question: what impact is digital having on my brand?

Most brands are long past the “should we be on Facebook” question. They are already there because they’re afraid not to be, putting their most friendly face forward. But behind closed doors, they don’t really know if it matters. Or, if it does, how to most strategically use the opportunity to actually connect consumer with their brands. And, perhaps the ultimate question they are asking, how do they best approach those who are digitally involved? — a critical one to answer as the non-digital person continues to go the way of interest-bearing savings accounts and land-line telephones.

Studies of digital usage are easy to find, but we have found none that offer these kinds of answers. Simply knowing what digital platforms people are using does not tell a brand how that platform can best be leveraged, linking the platform to the emotional and rational aspects that drive consumer engagement with a category. Or which digital platform is more important than another in a category. Or how high digital involvement changes the way a consumer looks at the category. Usage has remained in a silo, separate from how consumers engage with and choose among category brands. And that approach is far too limited.

To answer these questions and more, we are debuting the Digital Platform Engagement Index — the DPEI — the first-ever addition to our annual Customer Loyalty Engagement Index, now in its 16th year.

We feel the time has come to really answer the question for brands of what to do in the digital space. Watch this space, as they say, for more as we continue to insist that the easy questions are usually not the ones really worth answering.


Brand Keys, Inc. partner of
Brand Lounge in the Middle East
www.brandloungeme.com

Tuesday, October 25, 2011

BrandLounge bags the most sought-after branding assignment in the region.The highly coveted first GCC Games


BrandLounge, the MENA region’s leading brand and marketing strategy firm, has just wrapped its branding assignment for Bahrain 11, the first and biggest sports event to be held in the GCC under the supervision of the Olympic Committee of Bahrain. The challenging assignment included brand creation and development, all brand applications and the stadium and game halls branding.

Thirty-three years in the making, the dream of the first GCC Games becomes a reality this month and BrandLounge was on board from the start, putting forth a brand strategy that led to the name Bahrain 11. BrandLounge also created a distinct brand identity for the sports tournament as well as its brand guidelines and the official mascot that captures the spirit of the event.
The comprehensive list created by BrandLounge for the event that is akin to the Arab world’s first Olympic Games covered everything from sales and marketing materials to uniforms and sports teams costumes and apparatus in addition to retail merchandizing, advertising and communication concept development and PR space branding solutions.
Bahrain 11 (pronounced Bahrain One One) needed a branding partner with a deep and nuanced understanding of the region and its culture. With presence in the GCC and North Africa, BrandLounge was able to pool its experience and creativity and drive the event’s image from strategy through to execution. The experience implementation designed by BrandLounge included branding the stadiums and game halls built specifically by the Bahraini government for Bahrain 11. The assignment covered indoor and outdoor corporate space branding as well as the commercial space production in addition to details such as signage and way finding.

It is noteworthy to mention that the tournament, which includes 11 sporting events, will take place at all new sporting centers. BrandLounge has come together with the Bahraini Olympic Committee to present the look and feel of each sporting center in accordance with the overarching brand identity.

Hasan Fadlallah, Founder and Managing Director at BrandLounge, commented saying: “Developing actionable brand strategy can be very challenging but also a lot of fun when you have the right tools to dig really deep and propose a strategy that hits the nail right on the head. I’m confident that we have the right ingredients for that job. With Bahrain 11 specifically, our team takes a lot of pride and feels a sense of ownership as every one of us was involved in giving birth to a brand identity for an event that is making history for the region”.

Wednesday, September 14, 2011

Top-100 Loyalty Leaders for 2011

This year’s list is out. For many brands it’s been a meteoric rise. For others it’s been a slow and steady decline. In some cases it’s actually been a freefall.

As we have always pointed out, it all comes down to delighting the customer and creating that essential emotional bond with the consumer. Brands that do not only end up on the top of the list but become top earners as well.

This year’s top-10 brands were:

Amazon (on-line retail)
Apple (smartphone)
Facebook (social media)
Samsung (cellphone)
Apple (computer)
Zappos (on-line retail)
Hyundai (automotive)
Kindle (e-readers)
Patron (tequila)
Mary Kay (cosmetics)
For a the complete list of the 2011 Brand Keys Top-100 Loyalty Leaders rankings we invite you to visit http://www.brandkeys.com/awards/leaders.cfm


Brand Keys, Inc. partner of
BrandLounge in the Middle East
www.brandloungeme.com

Thursday, June 16, 2011

Predicting by the Numbers

We take the word "predictive" very seriously, always careful to say that our loyalty and engagement metrics predict positive consumer behavior in the market place, but that our methodology is not a market model, as a brand can do a myriad of things that cause consumers to become otherwise engaged or to lose profits. However, independent third party validations have shown our loyalty metrics to correlate at extraordinary levels with profits, which brands find quite comforting as they face the ever-evolving consumer.

The recent article from The Atlantic Monthly, "Why Content Isn't King: How Netflix Became America's Biggest Video Service--Much to the Astonishment of Media Executives and Investors," speaks to the surprising profitability of Netflix, at least to those who make their living predicting such things.

We were less surprised, as our predictions are based on what consumers say are the brands that do the best job of meeting their expectations in the category – both emotionally and rationally.

This little detail, measuring emotion, is often what trips up those who measure using numbers and business tactics as their guide. We invite you to read the article and draw your own conclusions LINK. In the meantime, order your stock predictions with a side of real loyalty metrics – if it's profit you're after, that is.

by Dr. Robert Passikoff
Brand Keys, Inc. partner of
BrandLounge in the Middle East
www.brandloungeme.com

Wednesday, January 12, 2011

11 Branding and Marketing Trends for 2011

The recent partnership between BrandLounge and Brand Keys, Inc., confirms the need for accurate predictive brand loyalty, equity, and engagement metrics in the Middle East and Northern Africa region.

These metrics are able to measure the direction and velocity of consumer values 12 to 18 months in advance of the marketplace.

They also allow us to identify future trends with uncanny accuracy. BrandLounge, through Brand Key’s methodology, offers 11 trends for marketers in 2011. These 11 trends will have direct consequences to the success - or failure - of next year’s branding and marketing efforts.

1) Value is What the Consumer Says It Is
Excessive spending, even on sale items, will continue to be replaced by a reason-to-buy at all. Only the consumer can tell you for sure. The appearance of ubiquity will be trouble for brands with no authentic meaning, whether high or low-end.

2) Brand, Meet Value
Brands will increasingly become a surrogate for "value." What makes goods and services valuable will increasingly be what's wrapped up in the brand and what consumers believe the brand means.

3) Zappos-ification
Marketers will have to comprehend what really drives their category, knowwhat consumers really expect, and where to focus both process and brand efforts. Yes, Zappos sells shoes, but their brand equity lies primarily in the emotional driver of "service" - how they get shoes to customers and accept returns.

4) Ethosnomics
Brands increasingly must stand for something beyond just rational items. Brands can't, however, just "stand for" the cause du jour. Doing what others do, just because they're doing it, won't work very long or very effectively. Corporate social responsibility efforts will need to be believable, sustained, and engaging. Some of the strongest will come from those brands that connect the public and the personal in today's financially-strained world.

5) Differentiation Can Be Emotional
Differentiation remains critical to brand success as the proliferation of products and services available to consumers continues. While true innovation does exist when it comes to the offerings available, increasingly differentiation will come from what the brand offers emotionally to consumers ¬especially as the ability of brands to mimic and get "me-too" products to market quickens.

6) They're Talking to Each Other Before Talking to the Brand
Social Networking and DIY media-exchange of information outside of the brand space will increase as consumers become more comfortable with their power to get the true story on products from total strangers. Brands will need to drive positive feedback out in the virtual world like never before, necessitating a deep understand of their categories.

7) Friendtelligence
Influence by friends will also increase. If consumers trust the community, they will extend trust to the brand. Not just word-of-mouth, but the right word-of-mouth is what matters. Look for more websites using Facebook Connect to share information with the friends from those sites while trying not to annoy anyone.

8) Putting the Brand Into Their Hands
It's increasingly handheld technology that facilitates transactions. Brands that make it hard to buy on the small screen will suffer. Watch for promotions and coupons to continue to explode, especially if the brand can customize that experience.

9) Prolifetition
Look for increased competition, and not just from traditional brands. The internet changed the game from consumers feeling they had to know a brand to even consider it. Ubiquitous awareness is replaced by strong word of mouth and positive viral sharing. Knowing what drives a category, what consumers really expect, and what creates loyalty, can give you a meaningful advantage when entering new and uncharted categories populated by strangers to your brand.

10) Exponential Expectations
Brands are barely keeping up with consumer expectations now. Every day consumers adopt and devour the latest technologies and innovations, and only hunger for more. As app technology becomes more entrenched, brands will be expected to deliver in that space. Look for even more apps to appear in 2011.

11) Engagement is Not a Fad
It's the way today's consumers do business. Period. Marketers will continue to use engagement methods like the right platform; program; message; and experience. But there is only one objective for the future: Brand Engagement. Attaining real brand engagement is impossible using out-dated awareness models.
Accommodating these trends will require changes on the parts of how companies measure, manage, and market their brands. And, yes, change can sometimes be terrifying. But change is, more or less, another chance. However, for brands that ignore these trends, it could very well be their last.

by Dr. Robert Passikoff
Brand Keys, Inc. partner of
BrandLounge in the Middle East
www.brandloungeme.com