Marketing Historical and Cultural Perspectives

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35 Terms

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KPI’s

Key Performance Indicators - The goals a brand has

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Brand Identity

  • purpose

  • values

  • DNA

  • soul


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Visual Identiy

The visual appearance of a brand

eg. Logo, Color scheme, Packaging

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Verbal Identity

In a visual world, visual stimulus prevails

taglines, slogans, social media platforms

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What makes for a GREAT brand identity?

It needs to be relevant and be able to connect with their target audience.

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Trust

By using trustworthy figures, brands are able to emulate and create a sense of trust with their audience

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Relevance

It’s important for a brand to remain relevant to the current time period, allowing target audience to connect to it with more ease

  • using a relavant socio/cultural moment and jumping on trends (that your brand identifies with)

  • Working with the calendar year


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Top of Mind

A Brand’s goal is to be MEMORABLE

The goal is to ocupy space in the consumers mind. That can be done by having such a solid brand identity.

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Embassadors

Having brand embassadors like celebrities, athletes influencers etc. help brands remain top of mind. The audience interested in that embassador now becomes your audience too.

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Share of Voice

Smaller budget = You need to be more creative

Bigger budget = You have more voice in the market

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Out of Home

Marketing that happens in the “streets”, for example billboards

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Medium as the message

Packaging is a core part of brand identity.

Sometimes the identity = product

and just showing the product is enough, no more convincing needed

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Branded content

Things that entertain, not just advertise. Familiarize people with the brand. Raises perception of popularity and superiority.

eg, BMW Films, Product placement

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4 P’s of Marketing

  • Product

  • Price

  • Place

  • Promotion


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Media

Diffrent platforms such as subway ads, tv, social media, billboards etc. allow you to reach diffrent, and therefore a wider range of audiences

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Agile Marketing

Just in Time Mkt.

The aility to adapt quickly and jusmp on to relevant pop. cultural moments

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Taking a Stand

Bybeing a value oriented brands and taking a stand, people might either be with you or against you

Either way, you remain TOP OF MIND

  • People who are with you: connect with your message and invest with your brand as it aligns with their own personal values

  • People who are against you: Sparks outrage, anger. That emotional reaction is also a connection to your brand.

It get’s people TALKING


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Heavy User

Someone heavily invesested in the brand, high brand loyalty.

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Vision Statement

Long term and more ample declerations of a brands goals and the future it aims to create

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Mission Statement

Short term decleration highlighting what the brand does and why it matters

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The Golden Circle

WHAT→HOW→WHY

People dont buy what you do, the buy WHY YOU DO IT

This is what diffrenentiantes a great brand. People connect to their WHY. Their PURPOSE.

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Subbrands

Smaller brands inside a bigger brand

eg. Adidas Originals, Nike Jordan, Apple TV etc.

Allows brands t break into new segments and connnect to new audiences

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Benchmarking

“Learning from the greats”

When you learn from other brands

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Storytelling

A crucial way of connecting with your audience because people connect emotionally.

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Liquid and Linked Content

Introduced by Coca Cola

Liquid Content:

  • Contagious Ideas: SO creative that they spread rapidly and take on a life of their own

  • Uncontrolable Reach: People spread them organically

Linked Content:

  • Remains “Top-Down” and striclty connected to the brands positioning, values, objectives, and consumer intrests.

  • Ensuring that the viral or fluid conversation generated by the campaign reflects positively back on the company and drives meaningful engagement or action


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Empowerment to consumers

Distribution of creativity, taking in imput from consumers

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Brand Value Assets

represent the economic and financial worth of a brand as an intangible business asset


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greenwashing

pretending to be ecofiendly and sustainable

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Own Media

media yout brand fully controls

eg. websites, own social media platforms

  • can feel biased and limited


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paid media

time and space being paid for

eg. tv ads, broadcasts, billboards

  • boring, expensive, annoying


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earned media

your reputation

eg. what others say, your pr

  • no control


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identity through media

  • own media

  • paid media

  • earned media


in mkt we use a combination of all three


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creativity

nobody reads ads, people read things that intrest them and sometimes its an ad. be creative think outside the box

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