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Marketing
a tool used by companies, orgs, and people to shape our perceptions and persuade us to change our behavior
It creates meaning, a memorable experience,
has transitioned to being something we live in. It’s embraced in the way we live rather than just being on a screem
Is the activity, set of institutions and process for creating, communicating, delivering, and exchanging offerings that have value for customers. How are we creating value?
THe roles of marketing
Identify customers
Satisfy customers
Retain customers
The art of the exchange
Giving one thing for another, both parties must benefit
Original thinking
Strategic procrastination
Quantity drives quality- just generate ideas
Improve, don’t just invent
Embrace failure
Question the default
Vertical integration
a business strategy where a company owns or controls multiple stages of its supply chain, from raw materials to final retail sales, instead of using outside suppliers
Branding
the ongoing process of shaing a unique identity, and should make you feel something, stand for something, and recognize it without having to see it.
Branding vs marketing
Who you are vs how you promote it
Distinctive brand assets
Visual or audible cue that triggers a memory of that brand without having it explicitly mentioned.
Logo
Celebrities characteristics
Music/sound
Tag line or phrase
Advertising moments/style
Characters
Brand identity
The way the brand wants to be perceived, controlled by marketing
Brands place in the world is dictated by
Its visual and sensory identity
Communication style and tone of voice
How it acts
12 Brand Archetypes
Universal personality types that help brands connect with audiences
The hero - believes where there’s a will there’s a way (nike)
The outlaw - believes rules are made to be broken, don’t settle, unconvential (harley davidson, liquid death)
The jester - fun and optimistic (old spice, m&m)
The creator - inspirational, daring, provacative (lego, apple)
Marketing asks.. what do customers actually think about the brand?
Brand image
the actual public perception and total impression that customers hold about a company.
Great marketing happens when the brand is seen the way we want them to see us.
Brand strategy
the way a brand plans itself, end goal is awareness loyalty and creating value. A big roadmap for building identity
Brand positioning map
visual tools that plots brand on a two axis chart showing how customer perceive it. x and y axis
Healthy vs unhealthy
Expensive vs cheap
Performance additives vs none
Brand Identity
Brand Identity - who we say we are
Brand personality - how we personify ourselves
Archetype - who ia the charater were playing
Brand image - who do customers actually hink we are?
Strategic.
Brand stories
Communicate and engage with consumers
Identity myth
a brand culture is a narrative woven from origin, value, and share aspirations, transforming a brand into a cultural icon by providing a sense of somethin bigger
What are stories rooted in
a brands history and values
Brand culture
The firm
Pop Culture
Customers
Influences
into
Brand stories