day1 research stream_1700_emerging_digital_platforms_millward_brown

Post on 02-Nov-2014

376 Views

Category:

Education

0 Downloads

Preview:

Click to see full reader

DESCRIPTION

 

TRANSCRIPT

Evaluating New Opportunities in Digital Media

FAD OR FAB

THE DANGER OF FADS

Fad [fad]: a temporary fashion, notion, manner

of conduct, etc., especially one followed

enthusiastically by a group...

...to busy oneself with trifles...”

Source: dictionary.com

UNDERSTANDING FAB VALUE IN THREE PARTS

Value to the consumer

Commercial value

Value to the brand

3

VALUE TO THE CONSUMER

4

What is the consumer benefit?

How does it fit into people’s lives?

What is the perceived value or catch?

THE VALUE OF UNDERSTANDING WHY - APPLE

5

“By placing the “why?” at the

center of all that Apple did,

Jobs avoided being defined by

or confined to a particular

product category.

The astonishing financial

growth of Apple reported

byThe Wall Street Journal was

a byproduct, not a driver, of

Jobs’s

decision to serve the ideal of

self-expression.”

Source: Millward Brown POV Mario Simon MD Optimor: Americas

Breadth of offer

Depth of offer

High

Penetration or Reach

Low

6

CONSUMER CAPACITY FRAMEWORK

Increasing Capacity

to Consume

High

Time spent

High

Reach

Low

7

CONSUMER CAPACITY FRAMEWORK

High

Time Spent

Display

Display on

social sites

Social

networking

fanpages

Online video

Viral video

Mobile

Adoption path

Consumer

journey

COMMERCIAL VALUE

8

How does this provide something new to how

we can communicate?

How does it compare to other commercial

alternatives?

Which is the best opportunity for consumer

impact?

Web TV – What is the best Strategic use?

Reach of the Campaigns...

Investment in traditional TV hits heavy viewers

exponentially more than light viewers...

% Ratings served to

each group

Heavy TV

Medium TV

Light TV

63%

27%

10%

And adding more TV doesn’t help the problem...

% Ratings served to

each group

Heavy TV

Medium TV

Light TV

87%

35%

14%

Reach of the Campaigns (revisited)...

Reach of the Campaigns...

Among Lighter TV Viewers

Less than a Quarter of Lighter TV Viewers meet

an optimal level of exposure through TV alone...

-35%

-79%

65%

21%

Winning Post

(4+ Exposures)

Fail Succeed

WebTV adds significantly to the success rate among

light TV viewers.

-35%

-68%

65%

42%

Winning Post

(4+ Exposures)

Fail Succeed

BT Vision – Spotify

METHODOLOGY FRAMEWORK

Pre-Campaign recruitment 8 week Campaign

No Recruitment for 6 weeksN=200 N=200

Banner Only

Audio Only

Banner & Audio

Video & Audio

+ Control (no exposure)

+7.9

+13.2

+8.8+6.0

+3.8

Statistically Significant Increase

THE COMBINATION OF AUDIO & BANNER ADS TOGETHER WERE

BY FAR THE MOST EFFECTIVE PLACEMENTS FOR THE BRAND

Aided Brand

Awareness

Online Ad

Awareness

Message

Association

Brand

Favourability

Purchase

Intent

Campaign

Impact

Brand Perceptions: BT...

< 25yrs 25yrs +

Ctrl Ctrl

Brand perception 1 26% +9.1* 9% +7.3*

Brand perception 2 32% +7.1 18% +14.6*

Brand perception 3 28% +13.5* 14% +10.6*

Brand perception 4 25% +4.0 18% +9.6*

Brand perception 5 16% +4.9 8% +3.8

Brand perception 6 25% +6.8 14% +12.5*

Brand perception 7 36% +8.6 26% +16.6*

Brand perception 8 30% +18.5* 22% +11.9*

Sample Size c=121; e=160 c=111; e=155

Statistically Significant Increase

BRAND PERCEPTIONS STRONGEST AMONG 25+

VALUE TO THE BRAND

Campaigns that really stand out in their use of new media

have:

• Insight into the consumer needs and benefits from the new

platform

• Inspired commercial understanding of how this new platform

works best to drive their brand objectives

The following examples show how this is brought to life.

21

WFA – Value of a Fan

Full report is available on request to WFA members:http://www.wfanet.org/en

Fans already outspend non-fans by over 4x. The fan page challenge is to deepen the relationship

Source: Brandz, 2010 global database

Share of wallet

62%

67%

83%

100%

Fans

4%

13.4%

Bonding

Advantage

Performance

Relevance

Presence

19%

31%

37%

50%

Non-Fans

1%

2.8%

Ignoring social

media,staying out of game

Jumping on

bandwagon —"must be there"

Thoughtfully integrated

program

• Less relevant/current

and trustworthy

• Complete loss of control (consumers define the brand by

themselves)

• Ability to listen to

consumers and understand their needs

• Consumers co-own the brand and

evangelize

• Consumers see right

through this — and it kills credibility

• Traditional marketing approaches alienate

consumers

Listening is key to success

Source: Firefly Language of Love

Wall post:

"Dear BRAND fans,

your opinion is

important to us!

Please help us

improve this page by

answering our short

5 minute survey."

Methodology

0 500,000 1,000,000 1,500,000

Bigger fan pages generally rated betterBut number of fans doesn’t tell the whole story

Fan

Ind

ex

Rat

ing

# of Fans

Low

High Correlation: 0.28

Checklist

Regular postsExpected Trustworthy

brand newsExpected

New product infoExpected

OffersExpected

Contests/ GiveawaysExpected

InteractionDifferentiator

VarietyDifferentiator

InnovationDifferentiator

CommunityDifferentiator

FunDifferentiator

Smirnoff / TimeOut

iPhone App

CAMPAIGN OBJECTIVE

1. Mass awareness:High Impact branding &

Driving to Microsite

2. Deeper communication of the ‘There’ messaging:

Bespoke Microsite Driving downloads

3. Downloading the app:Co-branded Smirnoff & TimeOut iPhone application

* Iphone Application Stats provided by Diageo

Peak download period

When analysing results during the peak download

period, in January 2010, overall response is very

positive

THE APP FILLED A CONSUMER NEED

Methodology

Control*

Exposed*

Both groups

are surveyed

at the SAME

time about

their attitudes

toward the

brand in the

creative

Do the results

indicate a

difference?

∆ +8

39%

47%

Control Exposed

Control Exposed (n=91)(n=68)

Bulls Eye Target: 18-30yr old Vodka Drinkers living in London

+16.2*+67.6*

AND DROVE PURCHASE INTENT AMONG THEIR

CORE TARGET

Statistically Significant Increase @ 90%

Ad

Awareness

Purchase

Intent

IN SUMMARY

Avoid busying yourself with trifles by:

Understand why, not what...

from the consumer perspective

Look for the difference...

the opportunity can provide

Optimise the context...

to maximise what the new platform does best

33

34

top related