Month: April 2018

The PRomise, The PRospect, The PoweR of Celebrity PRanding!

It’s PRime Time!
The PRomise, The PRospect, The PoweR of Celebrity PRanding
A layer. Then another layer. The stack effect. A double whammy. A literal celebrity brandwagon. 
Amitabh Bachchan. Prabhu. Nagarjuna. Manju Warrier. With the cult following that these icons have nationally and regionally in star struck India, one would have imagined that brand Kalyan had enough and more star power to spin many a convincing yarn. But it seems to be a summer of (dis)content.
What else explains that such a powerhouse brand like Kalyan would want to add more horse power(and how) by getting King Badshah Khan(SRK) to inaugurate its new showroom in the heart beat of India in Dubai(read Meena Bazaar).
Sizzling mercury and sapping humidity levels of the early Thursday afternoon were no impediments to the fan frenzy on display, that started a good three hours before King Khan came to the scene. That is what brand marketers would define as ‘ pure brand advocacy ‘.
” Till such time I am alive, he will be my God. Nothing oblique but a direct reference to SRK. After my lifetime, I would consider God in any other form, till then it will be him “, avered a lady fan waiting for the heavyweight superstar. FANatic, surely. Just a small indication of the power, the aura, the charisma, the clout of Badshah Khan.
Strategically, we believe that this is a tactical master stroke by the Kalyan brand. Cause a major ripple by bringing SRK on board in small rushes, spike up attention and recall and then let the sustaining be done by their existing crop of brand ambassadors.
Needless to say wherever there is serious brand power(personal or otherwise), ISD Global(groupisd.com/story) is right in the thick of it. Our band of passionate hustlers and story tellers(#NikhilThekkomkottathil, #SalinduSadishan) were at hand, up close and personal to augment and amplify.
The stage was set. And SRK was all the rage.
ENDS
 
www.brandknewmag.com
 
www.groupisd.com/story

Wanting to go from Rant to Rave…

Wanting to go from Rant ​to Rave…
The saga continues. The desperation is palpable. Because, unless it becomes an obsession, status quo is a convenient getaway. So, if you want to come out of the present rabbit hole, let’s look at a scenario of what was and what should be. It surely is a study in contrast for brands and businesses and the CEOs, CMOs leading them and wanting to Stay Relevant. Forge ahead. Survive. Thrive.
Go from ‘ Be ahead of the pack ‘ to ‘ Be ahead of the curve ‘
​Change thinking from ‘ Get big fast ‘ to ‘ Get a clue ‘
Move on from ‘ Size will defend us ‘ to ‘ Size is no defense ‘
Migrate from ‘ Sales to the usual suspects ‘ to ‘ Sales to unusual prospects ‘
Shift from ‘ Maximise revenues from a few big customers ‘ to Maximise ‘innovation ‘ by seeking out ‘ strange ‘ small customers
​Go away from ‘ Benchmarking against ‘ industry leaders ‘ to ‘ Benchmarking against leading edge firms ‘
Change from ‘ Strategic suppliers ‘ to ‘ Fringe suppliers ‘
Shift search from ‘ Reliable employees ‘ to ‘ Rambunctious employees ‘
‘ Hire the gal(guy) from a prestigious school ‘ to ‘ Hire the gal(guy) with a freaky portfolio ‘
Actively move from ‘ Passive board of directors ‘ to a ‘ Pushy board of directors ‘
Change culture of ‘ Bulk acquisitions ‘ to ‘ Buying innovation ‘
A value chain from ‘ Safety first partners ‘ to ‘ Risk ready partners ‘
From ‘ Playing it safe ‘ to ‘ Playing it Weird ‘
Delete the mantra ‘ Cover all the bases ‘ and establish ‘ Burn all the ships ‘
Though not always with a high degree of success, we at ISD Global(https://bit.ly/2Bx33Kj) try to practice the above preaching. We have realised that this kind of thinking comes more naturally to us and sits comfortably in our hearts and minds. Probably, we now don’t know any other way. That ignorance is bliss. Come join the weird. Wired for the unexpected.
ENDS
www.brandknewmag.com
www.groupisd.com/story

Needed: A Bias for Action!

Needed: A Bias for Action!
A small tweak, with due permission from Issac Newton ” every action has an equal and opposite action “.
We assume that enterprise excellence is something that we can define, analyse, plan for and them maintain in perpetuity. With every turn of the business wheel, we fancy that we now understand the One & True Lasting Thing that will distinguish a good idea from a bad one, a winning strategy from a dud.
Indeed, we labour still under the delusion that the key to winning is….the right strategy. But, what we have to learn is that ‘ excellence ‘ is not something that we can ‘ envision ‘ or  ‘ plan ‘ ahead. We create it as we go along. Then blow it up, and start anew.
Simply put, the search for excellence is…never-ending, ever-shifting. How do we ‘stick to our knitting‘ when one form of ‘knitting‘ after another unravels? You are sprinting, only to be standing in the same place.
The absence of a bias for action remains the biggest problem for large organisations. They simply Think too much. Plan too much. Meet too much. And accomplish too little.
It is an Age of Perpetual and Accelerating Transience. ” Permanence ” is a myth, it is dead. All the basic principles of business are up for grabs. We have got to play as it lays. We’ve got to make it up as we go along.
A little bit of re-emphasizing here: Of course we need Analytics(Desperately). Of course we need some Metrics(Desperately). We need to understand the power of Data(Desperately). But, like All Good Things, ..the ‘ analytics ‘ and ‘ abstractions ‘ have come to subsume the Real World of the living, breathing, emotional, complaining customer.
Companies would be extra keen to re invent their way of doing business. And there is an increasing need for a new breed of intellectual capital to make that happen.
At ISD Global we are getting ready to throw our hat in the ring. Are you biased for action?
ENDS
 
 
www.brandknewmag.com
 
www.groupisd.com/story

It’s a time to Re-Imagine!

Time to Re Imagine Business! And the time is now. As they say, ” The future is already here, but it is a tad unevenly distributed ‘.

It’s a new world of business. So, isn’t it time to ring out the old and bring in the new? A new mandate has to enter the fray.

Can we shake free of the past? Including(yes definitely) past successes! Can we re imagine an entirely new way of doing business?

Could we stop using these two traditional phrases( I will tell you why):

” Push the envelope “

” Think outside the box “

The problem with both the above(other than their gross overuse) is:

Both suggest that there is an intact envelope or a sturdy box from whose known (and identified borders) we can step out from. But remember:

The envelope is already torn and crumpled..and

The box has been run over by a speeding trailer truck.

So, the task at hand is to:

Think “Weird“, however weird it may sound..be wired for it!

(Re)think ” excellence “

Re-Imagine ” leadership “

Get strange. Did you know that the No 1 source of innovation is ‘ pissed off ‘ people ? People who just cannot tolerate the mundane, the silly, the mediocre that is happening around them. That’s the origin of the best innovation you can ever lay your hands on. So, go ahead and seek pissed off people! HR, are you listening?

Fire the planners. Hire the freaks.

An “excessive cult of the consumer“- ” customer driven” also means being slave to demographics, market research and focus groups. So, ‘listening to customers ‘ might just be the No 1 sin in marketing...

Turn the cliched phrase on its head. ‘The customer is always right‘ to ‘ The customer is always late ‘-

Who wanted Post It Notes? Nobody for a dozen years till 3M ‘ wrote ‘ history and we still keep ‘posting’.

Who wanted Fax Machines? Nobody for the longest time till a ‘ critical mass ‘ of users came along.

Who wanted CDs? Nobody or atleast none of us who had just been through the transformation from phonograph records to tapes. Then the kids started using CDs and the awesome quality of sound made us go Ka-boom!

In the words of Doug Atkin, a partner at Merkley Newman Harty: ” These days you can’t succeed as a company if you’re consumer led-because in a world of constant change, consumers can’t anticipate the next big thing. Companies should be idea-led and consumer-informed”

It’s time to re-imagine. At ISD Global we are constantly trying to be as future ready as possible, driven by the weird, motivated by the untried and fuelled by no fear. To generate ideas that can transform businesses and thereby quality of human life.

Your time starts now. The clock is ticking!

ENDS

www.brandknewmag.com

www.groupisd.com/story

Marketing the new ‘Terms ‘ of endearment

Marketing the New ‘Terms’ of Endearment

Over the years, tried and oft used terms in the world of business and marketing have transcended convention. We seem to be in a perennial state of having to come to terms with these terms. Here is the term sheet on that.

Brand Owners, Advertisers and Marketers were once cosy with ‘ Mass Market ‘. Try and reach the maximum audience numbers through mass media. A lot of the times it was about Spray and Pray. Mass Market transitioned to ‘ Mass Customisation ‘ which went beyond one size fits all to one size fitting some. With the advent of Artificial Intelligence, Machine Learning and Data Science, we are now in an era of the ‘ Customer Segment of One ‘, where one individual as an audience is targeted with high degree of precision and success.

The disclaimers have been turned on its head as well. What used to be common place was a term going as ‘ Caveat Emptor ‘ which essentially was to say buyers beware. The entire onus and risk on buying a product or service was all on the buyer/end user. Now, in an over commoditised world, where we have moved on from push and control to pull and engage, where top down has given way to bottom up marketing, what is evident is ‘ Caveat Venditor ‘, where the accountability and responsibility rests fully on the seller. The wheel has gone a full circle.

Not until long ago, brands and their marketing plans were etched out keeping demographic groups in mind. A pre decided age group with a certain buyer persona was carved out and communication was created to influence and impact that community. The universe has changed dramatically. Brand marketers have now started addressing mindsets which throws conventional wisdom out of the window. As they have now begun to chant, RIP Demographics!

Consumer aspirations have taken a twist as well. Yesteryears we had all marketing and communication created to induce brand ownership. With so much millennial consumption happening, the entire paradigm has now shifted to owning experiences. The new brand mantra for marketers is CeX(Customer Experience) and the City. Ownership is passe, experience is the new aspiration.

Remember those days when the quintessential manna from heaven was ‘ brand loyalty ‘. Coveted, treasured, revered. Loyalty was royalty. In an era of surplus of goods, information, choices, services and a deficit of trust, attention and resources, ‘ customer infidelity ‘ has replaced loyalty. Cheaper, better, faster? Here we shift loyalties!

We were just coming to terms with the ‘ knowledge economy ‘ as it moved on from the  ‘ Industrial Economy ‘and before we knew it we were bang in the middle of the ‘sharing/collaborative economy‘. The dust had hardly settled on that and now the entire attention is rooted on the ‘ attention economy ‘. In an age of perennial distraction, attention is the new premium.

Since advent of marketing, and the quest for differentiation, the narrative has revolved around a USP(Unique Selling Proposition). That feature or benefit which makes your brand distinct or unique from other competitors in the eco system.Then came the not so holy communion onslaught- the SOS- Sea of Sameness. Nothing unique, nothing distinct, the herd mentality, the also ran, the me too. Which prompted our research at ISD Global to discover what we have come to label as UFP- Unique Feelings Proposition– where state of the heart is what brands are appealing to win trust, loyalty, mind and wallet space.

Am sure we will have more to chew on as the intersection of consumer behaviour, rapid evolution of technology and the ever changing socio economic landscape will throw up more perspectives that we have to come to terms with. Till then, au revoir.

ENDS

www.groupisd.com/story

www.brandknewmag.com

Is brand Apple no longer the apple of everyone’s I ?

‘I’ don’t know-hence I have some some questions about the most valuable brand in the world..

a) Is the Apple era over? Have they moved on from ‘ ground breaking and game changing ‘ to ‘ incremental fixes ‘ ? Sounds audacious but it does beg the question.

b) Have they missed the bus virtually in the Smart Speaker space in reference to Amazon & Google? With their Alexa and Assistant respectively. Though they were the true blue innovator with Siri ages ago and had a great shot at dominating the ‘ living room & kitchens ‘, they seem to be caught in no man’s land as of now. Should they have considered this space more Siriously? (Pardon the pun). As one of the most valuable brands in the world, don’t they want their ‘ share of voice ‘?

c) Should they be getting into Content Creation? They have the cash to do it but do they have the culture and the will still? Should they look at acquiring someone like an HBO or other smart acquisitions to hit the ground running? Where does Apple TV fit into all of this?

d) Have they moved on from a culture of Innovation and R&D being their biggest asset a decade ago to a huge pile of cash being their biggest asset today?

In a world of FAANG, is it still A for Apple? A for Answer is what I am looking for! What will the Doctor order to not keep the Apple away?

Ends

www.groupisd.com/story

www.brandknewmag.com