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On the World Wide Web, the brand is the experience and the experience is the brand.
MAY 2000 SANDEEP DAYAL, HELENE LANDESBERG, AND MICHAEL ZEISSER
In one industry after another, aggressive Internet upstarts are putting established brands at risk, creating very strong brand recognition and enjoying explosive visitor growth (Exhibit 1). The reason may have less to do with the established brands themselves than with their managers.
Marketers know what a brand is in the physical world: the sum, in the consumers mind, of the personality, presence, and performance of a given product or service.1 These "3 Ps" are also essential on the World Wide Web. In addition, digital brand builders must manage the consumers on-line experience of the product, from first encounter through purchase to delivery and beyond. Digital brand builders should care about the consumers on-line experiences for the simple reason that all of themgood, bad, or indifferentinfluence consumer perceptions of a products brand. To put it differently, on the Web, the experience is the brand. Consider an example. If a consumer buys lipstick from a retailer in the physical world and has an unpleasant in-store experience, she is more likely to blame the retailer than the manufacturer. But if the consumer purchases that same product from Procter & Gambles Reflect.com Web site, her wrath is more likely to be directed...
2) Brands are a surrogate for value: The value of goods and services will increasingly be defined by what"s wrapped up in the brand and what the brand stands for. Though not new, it"s more important when there are potentially thousands of people sharing stories about your brand online. ""true brands provide meaningful differentiation in a world over-run by commodities" notes Robert Passikoff, Brand Keys founder and president 3) Brand differentiation is brand value: The unique meaning of a brand will increase in importance as generic features continue to plague the brand landscape. Awareness as a meaningful market force has long been obsolete, and differentiation will be critical for success " meaning sales and profitability. Differentiation online could be centred on simple, tangible things such as creating a rich, considered and personal online experience, promising security and adding value at each touch 4) The days of "Because I Said So", tugging at consumer emotions and marketing trickery are over: This has been the case for some time, but I feel 2010 is where it will hit home, partly because of the financial debacle we face. There is a huge void of trust that"s compounded by boring commoditised markets " consumers face a mass of undifferentiated brands that they don"t trust. So, go figure what you can do differently! 5) Smart brands will exceed customer expectations: This is difficult since those expectations are being driven higher by the latest technologies and innovations. How do you identify and capitalise on these unmet expectations and exceed them? Listen, participate and interact with existing and potential customers online " add value where they"re searching and researching. In a digital age it"s never been easier, or cheaper, to do it 6) They won"t need to know you to love you: As the marketing and buying space becomes even more online-driven and international (and uncontrolled by brands and corporations), front-end awareness will become less important. A brand with the right street cred can go viral in days, with awareness following, not leading, the conversation. Think of brands that have done and are doing this " a huge example being Google in the 90"s of course, but what about e-retailers Zappos in the US and ASOS in the UK, web services such as Facebook, Twitter, Basecamp and Flickr, and the much referred campaigns of Mentos, Blendtec, Burger King and Compare the Meerkat (admittedly the last 2 were well known anyway!) 7) It"s not just "buzz": Let the consumer play a part in developing the brand by creating a place for them to do so. Conversation and community is all: ebay thrives based on consumer feedback, as does the newer Dell, Starbucks and IBM. If consumers trust the community, they will extend trust to the brand. Not just word of mouth, but the right word of mouth and within a relevant context. This means the coming of a new era of customer care, and expectation of what customer care actually is. Check out tools like Uservoice to help you start doing it! 8) Give Back: My personal belief is that forward thinking brands today give something back to communities (digital or local) through sponsorship, donations or time. This creates word of mouth
and helps people justify their brand loyalty, re-enforcing that you really are a "different" business, a business "for me" 9) Foster trust: Trust is the result of the points above, it"s fostered through doing these things well and maybe not something that you actually set out to achieve. We all have experiences of trusting some brands over others; they tend to be memorable experiences in their infrequency! There are tangible things that foster trust security, online experience, even site navigation and there are the intangible things where brands have made a real effort to understand "me" and what I value as the consumer. Done well it seeps out in everything a brand does because they"re not trying, they"re being genuine 10) Measure it!: If we"re monitoring, participating in and adding value to markets in a digital age, there really is no excuse for not getting the basics right to measure the result of your efforts online, on-site and around customer satisfaction. What you measure depends on what you"re doing " and we"ll make that a post for next time