© TransgressiveX LLP, 2014 TransgressiveX Brand Management Agency Building Winning Brands 22nd October, 2014 © TransgressiveX LLP, 2014 What does TransgressiveX do? © TransgressiveX LLP, 2014 We are in a complex consumer-relationship world, full of data and models, channels and touch-points Google, “Zero Moment of Truth”, 2012 © TransgressiveX LLP, 2014 The simple reality is that competitive success comes from Brands and Consumers being in a mutually gratifying relationship © TransgressiveX LLP, 2014 We call that “positive eXchange” and it’s manifested in a simple truth A Brand which interacts, more positively, at more places along the consumer journey than its competitive set, Wins © TransgressiveX LLP, 2014 “Brand eXchange Power” measures a brand’s ability to negotiate positive interactions using Seduction & Persuasion It’s a simple, balanced measure © TransgressiveX LLP, 2014 Since bXp is Measured, Managed and Monitored across the whole consumer journey, it’s a highly actionable framework Its simple-yet-granular nature means bXp is meaningfully employed across the whole business, from strategy to tactical activity © TransgressiveX LLP, 2014 Simple, Balanced, Actionable: bXp Builds Winning Brands through Positive eXchange Manage Measure Monitor Support Consultancy © TransgressiveX LLP, 2014 Optimal bXp helps brand owners become category champions © TransgressiveX LLP, 2014 Measure © TransgressiveX LLP, 2014 Measurement of bXp begins with evaluating a Brand’s powers of Seduction & Persuasion bXp Brand eXchange Power It’s a contemporary and sophisticated iteration of thinking around ‘rational/emotional’, ‘System 1/System 2’, Neuro-Science, and Social Exchange Theory © TransgressiveX LLP, 2014 Seduction’s Vital Signs – governing a brand’s ability to have positive interactions - are examined with magnifying lenses, and their amplifying facets Lenses Desirability Facets Vitality Connection Honesty © TransgressiveX LLP, 2014 Persuasion’s Vital Signs – governing a brand’s ability to have positive interactions - are examined with magnifying lenses, and their amplifying facets Lenses Worth Facets Uniqueness Clarity Accessibility © TransgressiveX LLP, 2014 © TransgressiveX LLP, 2014 bXp is considered across the ‘Negotiating Tables’ of a consumer journey Every Brand-Consumer interaction is examined to build a framework for identifying its competitive position, and improvements to its eXchange Power Relate Positivity Experience Buy Explore Try Want Awareness eXchange Transactional eXchange Relationship eXchange © TransgressiveX LLP, 2014 bXp is measured through a robust, gamified, interactive, online, quantitative survey, employing ‘Implicit Response Timing’ to capture genuine emotional responses Agreement A straight-forward measurement of the extent of the association between the brand and the facet Time to Respond Faster responses are associated with implicit beliefs, deeper in the brain, with a strong influence on purchasing behaviour • Survey with approximately 3,000 – 3,600 consumers per country • Discreet samples at key points on the consumer journey • 150 respondents per eXchange Table, per brand • Flexible, but usually with one key Client Brand, and 3 from competitive set © TransgressiveX LLP, 2014 Typical Outputs © TransgressiveX LLP, 2014 Measurement Outputs flow from a Brand’s bXp Pyramid 332 Simply Captured as Brand eXchange Power Powered by Seduction & Persuasion Focused by Lenses A simple and rich composite score, built up across the consumer journey… …increasing granularity from bXp through Lenses 2 4 Magnified by Facets 16 Evaluated across a Journey down to Facets 18 on Tables © TransgressiveX LLP, 2014 Measurements are seen in simple bXp plus Seduction and Persuasion scores 546 262 284 © TransgressiveX LLP, 2014 A Brand’s bXp is shown relative to its Competitive Set Brand C 582 Brand D Brand A 560 546 282 Brand B 482 268 262 226 256 284 292 300 © TransgressiveX LLP, 2014 Each brand is bXp profiled 546 Upper Quartile Score Lower Quartile Score Mid Quartile Score 48% 26 20 29 24 23 16 30 28 31 26 34 28 52% 30 30 28 26 36 24 25 28 31 32 28 23 © TransgressiveX LLP, 2014 A simple dashboard of the Competitive Set is produced Client Brand Brand B Brand C Brand D © TransgressiveX LLP, 2014 bXp across the Consumer Journey is mapped to indicate competitive strength and Opportunities BXP 900 800 700 Brand C Proposition>Delivery 600 500 Brand A No Proposition 400 Brand D Impulse Brand 300 200 Brand B Low Awareness Strong Proposition 100 0 Want Explore Try/Buy Experience Relate © TransgressiveX LLP, 2014 Manage © TransgressiveX LLP, 2014 The eXchange Opportunity Grid Management decisions are guided by forensic analysis of opportunities for better interaction Seduction & Persuasion are analysed by each lens and facet, at each point of the journey, revealing competitive opportunities © TransgressiveX LLP, 2014 It identifies where and why a brand can achieve more successful eXchange Want Explore Buy Experience Relate © TransgressiveX LLP, 2014 Guidance is given on how brands can achieve stronger bXp in actionable, practical terms Manage Brand eXchange Power Brand Awareness Relevant Differentiation Value Accessibility For Example: Broadcast Media Ambient presence Sponsorship Promotion Livery Signage Emotional Connection Website Social Media Blogs Community Platforms Word of Mouth Information Trial sizes/events Promotion E-Couponing Promotional advertising In-store promotional messaging Sizing In-store events & theatre On-line events Portfolio & activity Navigation aids Formats Ease of use Benefits – physical & emotional Disruptive & passive deltas Loyalty programmes Club & reward & competitions Promoter & rejecter Usage occasions Comparators © TransgressiveX LLP, 2014 Monitor © TransgressiveX LLP, 2014 The eXchange Monitor Simple, Consistent and Actionable Measures the extent to which marketing initiatives have delivered the improved consumer eXchange targeted by the Opportunity Grid © TransgressiveX LLP, 2014 Support Consultancy © TransgressiveX LLP, 2014 The ConteXtualiser calibrates eXchange Strategy Client Consumer Stakeholder Interviews Consumer Trends Brand Context Category Existing Data Review Desk Research Category Audit Grounding the eXchange opportunities in the realities of the Consumer, Client, Category and Existing Data analysis, means guidance from The Brand Pyramid and Opportunity Grid is properly calibrated © TransgressiveX LLP, 2014 The eXchange Strategy Generator An eXchange Strategy is built for the brand, integrating with existing work POSITIONING PROPOSITION Market Place Consumer eXchange Price, Distribution competitive Set Consumer Proposition PURPOSE eXchange Core PRODUCTS Products & Services Direction of Product Development Centre of Gravity & Heartland of Brand EXECUTION eXchange Guidelines The Personality that Identifies and Differentiates the Brand © TransgressiveX LLP, 2014 eXchange Aligner The eXchange Strategy is shared in an immersion process to internal stakeholders and partners Aligned Execution Aligned Briefing Consumer Communication Creative Partners Broadcast, Digital, Visual Identity, In-Store, PR Advertising, Media Planning, Brand Promotion, Visual Identity eXchange Strategy Aligned Internal & External Strategy and KPI’s Trade & Corporate Category Thought Leadership, Investors, Enterprise Stakeholders, Corporate Affairs, CSR Aligned crossfunctional teams Functional Teams Marketing & Insight, Customer Management, Innovation, Operations, Finance © TransgressiveX LLP, 2014 eXchange Activator Ideas to excite consumers, activating the eXchange Strategy, are built with executional brand partners © TransgressiveX LLP, 2014 Brand eXchange Power Summary © TransgressiveX LLP, 2014 Summary of the Brand eXchange Power framework Manage Opportunity Grid Measure Monitor Brand Pyramid eXchange Monitor Strategy Builder ConteXtualiser Stakeholder Aligner Activator Support Consultancy © TransgressiveX LLP, 2014 © TransgressiveX LLP, 2014 So much for the theory: Now, some brand examples! © TransgressiveX LLP, 2014 Desirability Diageo’s ambition to introduce whiskey to under 35 y.o. men Combining celebrity endorsement and associations of glamour and success… …with category subversive contemporary visual cues 39 © TransgressiveX LLP, 2014 Vitality An energetic lifestyle brand that also happens to sell a beverage? Vitality Giving wings and ideas to people and engage brand zealots Creating huge Buzz with mass audiences 40 © TransgressiveX LLP, 2014 Connection Heinz is part of the fabric of family life, and is one of the best known food brands in the UK and Ireland It retains a place in both hearts and shopping baskets through empathetic connection And continues to build ways in which to connect with it through targeted ‘moments of comfort’ 41 © TransgressiveX LLP, 2014 Honesty Starbucks is the worlds largest coffee shop chain, generating annual revenues of c. $15Bn The brand was founded on principles of ethical sourcing and local community engagement The revelation of corporate tax avoidance activities resulted in a serious loss of consumer trust 42 © TransgressiveX LLP, 2014 Clarity The world's No.1 fast food restaurant, serving 68 million customers daily, in 119 countries, with 35,000 outlets In the category of faston-the hoof, get in, get it and get out -food, consumers know exactly what McDonald’s offers Despite the need for continuous menu innovation, there is an absolute commitment to 43 executional delivery © TransgressiveX LLP, 2014 Uniqueness An American ice-cream brand founded in 1978 with a $12,000 loan, sold to Unilever in 2000 for $326 million It became famous for its progressive and countercultural flavours and ethical activities promoted by its creators Humorous customisation of flavours with current events maintain the brand’s quirky 44 relevance © TransgressiveX LLP, 2014 Accessibility The worlds most ubiquitous and valuable brand from a very simple, but relentless, persuasive model The brand owner focuses on generating occasion and eventdriven awareness… ..while bottling licensees drive distribution and availability © TransgressiveX LLP, 2014 Worth Europe’s fastest growing grocery retailer focuses on offering limited choice at lowest comparable prices Worth A combination that is driving more footfall, till rings and Facebook likes, than any other retailer Lowest price is winning against the wider choice and value-added propositions of other retailers © TransgressiveX LLP, 2014 An eXchange Glossary © TransgressiveX LLP, 2014 An eXchange Glossary (Please Print on A3) © TransgressiveX LLP, 2014 Client Engagements & Endorsements © TransgressiveX LLP, 2014 Client Engagements GROW THE GREATEST BUSINESS VALUE IN YOUR BRAND © TransgressiveX LLP, 2014 Endorsements GROW THE GREATEST BUSINESS VALUE IN YOUR BRAND Michelle Audette Global Category Director of Family & Kids Britvic Soft Drinks Limited Britvic wanted to develop a new compelling proposition for a heritage brand to both rejuvenate its leadership and position it for global expansion in a highly competitive category. TransgressiveX created an inspiring new direction for our Brand which demonstrated a thorough grasp of category dynamics, Britvic commercial priorities, regulatory hurdles and Consumer trends, across a diverse range of key target markets. They presented us with 3 powerful Brand territories focused on delivering the most fulfilling experience for at key points across the consumer journey. They facilitated us to an optimised proposition and then worked with us to align the marketing teams behind our chosen option. Their frameworks, processes and experience enabled them to deliver this with minimal disruption and to a very tight time schedule. We will certainly consider them for future Brand challenges. © TransgressiveX LLP, 2014 Endorsements GROW THE GREATEST BUSINESS VALUE IN YOUR BRAND Roger Scarlett-Smith President, Consumer Healthcare Europe, Middle East & Africa (Emea), Glaxosmithkline GSK worked with TransgressiveX in examining Lucozade, for its fit with corporate strategy, its potential for development and its future growth. TransgressiveX added business value by clearly identifying the opportunities for the brand, indicating what resources and commitments would be needed to build it further. Their framework for understanding a brand is innovative, but also intuitive and readily included in existing ways of thinking and working. We see great potential to use their ideas of brand exchange, seduction and persuasion. © TransgressiveX LLP, 2014 Endorsements GROW THE GREATEST BUSINESS VALUE IN YOUR BRAND Chris Thompson International Brand Director, PZ Cussons TransgressiveX have allowed us to forensically understand brand health across the world and positively challenged our strategic thinking and brand positioning. As a result we have been able to develop a more robust and aligned global strategy and operational direction across our diverse and competitive markets. © TransgressiveX LLP, 2014 Endorsements GROW THE GREATEST BUSINESS VALUE IN YOUR BRAND Andre Dahan Marketing Director Thanks to our project, we were able to add depth to the knowledge gaps at different stages of the brand funnel, and contextualize the overall brand situation, and recommend some significant steps (for example there is indication that the brand may be vulnerable as it has grown predominantly based on its visibility / momentum / value and suffers lack of equity among its own user base too). The best added-value is when we are building a brand from scratch / brand is not well-positioned or do not a clear idea on how to move the brand forward especially in terms of brand positioning and campaign direction. If we had done this exercise last year, the added-value would have been multiplied. © TransgressiveX LLP, 2014 Endorsements GROW THE GREATEST BUSINESS VALUE IN YOUR BRAND Jim Carroll Chairman, Bartle Bogle Hegarty As media channels and routes to market have fragmented, as the customer journey has become more sophisticated, and as consumers have developed a louder voice, there has been a growing call from brand owners for a unitary system of measurement. Brand eXchange Power offers a single currency for assessing brands' engagement with consumers. It provides granular diagnostics and, importantly, it directs future action. © TransgressiveX LLP, 2014 Endorsements GROW THE GREATEST BUSINESS VALUE IN YOUR BRAND Richard Swaab Deputy Chairman, AMV-BBDO It’s not often you hear of something quite new, richly fascinating - and that intuitively rings robustly true. TransgressiveX is just such a company. Keeping things simple, but at the same time ensuring the data takes you somewhere taut and specific. It feels like a real step forward. © TransgressiveX LLP, 2014 Endorsements GROW THE GREATEST BUSINESS VALUE IN YOUR BRAND Vicky Bullen CEO, Coley Porter Bell TransgressiveX's notion of Brand eXchange Power is a fresh and exciting one. We live in a world where brands no longer just have to stand out and be relevant to be successful. They have to create connections, build experiences and have a dialogue with people. So measuring and monitoring the energy factor of your brand's relationship seems like a no brainer. TransgressiveX's approach is academically rigorous, creatively insightful and a breakthrough in terms of taking multiple insight and opportunity strands and pulling them together cohesively into a real action plan. It results in targeted, strategic and utterly practical advice on how to make your brands stronger. © TransgressiveX LLP, 2014 TX People © TransgressiveX LLP, 2014 TeamX Carol Reay Chairman Carol plays a large part in the development of client relationships and constant progress of Intellectual Property. She brings creative energy to optimising client brands, through her extensive experience with communications, creativity and design businesses. Carol leads a portfolio business life combining her role at TX with being a partner at one of the world’s largest executive search firms Odgers Berndston looking after communications strategy, and a non executive role at a Brand Design Agency. Previously she ran her own Brand Strategy Agency, Sherbert Lemon. She was Chairman and CEO of the Great Ormond Street Children’s Charity and Chief Executive of top 20 advertising agency Mellors Reay & Partners which she sold to Grey Worldwide. Carol is an English graduate and a psycho-analytical counsellor too. She is a Fellow of the Institute of Practitioners in Advertising, and The RSA (Royal Society for the encouragement of Arts, Manufactures and Commerce). © TransgressiveX LLP, 2014 TeamX Nadim Sadek CEO Most recently, Nadim created and managed his own brand, successfully operating in 6 categories: Hospitality, Horse Stud, Art, Music, Food and Whiskey. Previously, he was Worldwide Commercial & Strategy Director for Research International, Global Leader of Millward Brown's Qualitative Network, and founded what became the world’s biggest qualitative agency, Sadek Wynberg Research, which he sold to WPP. He also manages the career of 'Shaefri' nominated in Ireland as 'Best New Singer-Songwriter, 2012'. Nadim is a nonexecutive director of a marine navigation business, a corporate security firm and an adventure-events company. By training, he is a Psychologist. © TransgressiveX LLP, 2014 TeamX Andrew Wish ANDREW WISH COO As Country CEO of AstraZeneca Pharmaceuticals, Andrew led its merger, its strategy and the launch of a number of significant megabrands. He then developed the Africa and Middle East Region for Research International, before taking on the role of Global COO for RI/TNS working to enhance the strategic offer to the top 10 Global Clients. This involved working with the head offices and all the regions of clients such as BAT, P&G, Coca Cola and Unilever. His formal qualifications are in Business Management and Psychology. © TransgressiveX LLP, 2014 TeamX Iain Hamilton Partner Iain has worked throughout his career as an entrepreneurial client-side Marketing Director and CEO in corporate, PLC, private equity and SME organisations. His forte is in mobilising teams from high level strategy through to low level execution detail. He has senior commercial management experience in global, multinational and start-up environments, and the business and cultural challenges inherent in each. A Chemical Engineer who graduated in Business Management, he is a Fellow of the London College of Music in Speech and Drama.