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Brands, Content & the Moment of Truth | The Agile Approach to Unlock Brand Growth
@jcuene




Business nerd
Culture nerd                 ”
Digital nerd

American Studies
≠ MBA

                                 @thewaltwhitman
“Truth” Unlocks Growth



   ?                                   $            
   Right          Right            Consumer        Marketer
  insight        Creative           Moment         Moment
                 Message            of Truth       of Truth


               We need a way to get there faster

            12 Months
                                               8
Marketer   Consumers
There once was a
company of
champions….
The Archetype
The farmer's
industry calls him                               ”
to till the
soil, from which he
receives God's
special blessings
Jefferson, “Notes on the State of Virginia”
Agrarian Roots
   Rational
    Gritty
Annual Cycles
 Conservative
    Legacy
Modern
    Global
State of the Art
 Performance
    Growth
We
Thought:
            Digital Marketing =
            New tools, old problems




      We    Brand Building in a Networked World
Realized:
            New approach, new opportunities
A very different family unit
The Archetype
hacker
“The word `hacker' has an unfairly negative connotation from being portrayed
in the media as people who break into computers. In reality, hacking just
means building something quickly or testing the boundaries of what can be
done….

The Hacker Way is an approach to building that involves continuous
improvement and iteration. Hackers believe that something can always be
better, and that nothing is ever complete. They just have to go fix it – often in
the face of people who say it's impossible or are content with the status quo…

Hackers try to build the best services over the long term by quickly releasing
and learning from smaller iterations rather than trying to get everything right all
at once.

Hacking is also an inherently hands-on and active discipline. Instead of
debating for days whether a new idea is possible or what the best way to build
something is, hackers would rather just prototype something and see what
works.                                                  Mark Zuckerberg – letter to investors
hack
Build something
See if works
Make it better, then bigger
Repeat again and again

Done is better than perfect.

Make more interaction

Keep shipping
Silicon Valley’s Marketer of the Future




                                          24
Agile Brand Building

               Individuals and Intuition over process
               In-Market Results over opinion
Hacking the    Consumer Response over consensus
Modern Brand
               Responding to Change over following plan
               Results over decks

               Content = Code = Truth
               Keep “Shipping” Content                    25
Case Study:
 Reese’s Puffs


•How to take a classic brand and
 modernize to jumpstart
 growth?


Moment of truth: Will
consumers respond?
Since 1923 Reese’s
has made a flavor
mashup worth talking
about

Chocolate +

Peanutbutter =

Awesome
But we didn’t stop
there, we mashed it up
with breakfast
Chocolate + Peanutbutter + Breakfast
= AWESOMER
This idea helped us hone in on the
purpose of the brand.
Reese’s Puffs Core Purpose:
To bring awesome things together to make
them awesomer
Since Reese’s Puffs are the ultimate combination, we
want to work together with our fans to create even more
perfect mashups.
Reese’s Puffs were already being mashed-up in culture

Memes/mashups are a sharable and authentic territory.
Connected to Today’s                                      Creativity / Creative
      Culture              Take it One Step Further /         Expression &
                               Pushing Further                Experiences


Three territories became the launchpad for new content
deas than limiting the areas Reese’s Puffs could play in, pursuits inspire new
Rather
ways of thinking about the brand.Unlock new places for consumers and brand to
connect.
• User
                                                                    Content
                                                      Branded
                                                      Content       • Impressions


We plotted out
a digital
ecosystem to
support our
efforts                           • User Content                                      Branded
                                  • Impressions                                       Content
                                                                BRANDED
It was designed to
distribute our content and                                      CONTENT
fuel Reese’s Puffs’ Always-                                       HUB
On engine.

                              • Branded Content                                            • Branded Content
                                  • User Content                                           • Community Learnings




                                                                Impressions

                              SOCIAL MEDIA CHANNELS                                 PAID MEDIA CHANNELS
facebook.com/reesespuffs              reesespuffscereal.tumblr.com            youtube.com/reesespuffscereal



Reese’s Puffs digital ecosystem
Facebook was the primary driver. The page gained >160k fans in 3 months with minimal paid acquisition
and had stellar levels of engagement when we were most active. The most sharable content was
brought to Tumblr and original videos were posted to a branded YouTube channel.
Content was executed quickly and put into market to learn
We’ve shared memes and mashups; created new Reese’s Puffs-inspired memes; offered Teen friendly
recipes and shared interviews with mashup and meme creators.
1,391 LIKES 65 COMMENTS 311 SHARES    480 LIKES 33 COMMENTS 67 SHARES   520 LIKES 31 COMMENTS 65 SHARES




 Image Macros – Clever               Found content – Sourced from and   Co-created content – Photo
 headlines with simple images.       attributed to users and meme       mashups, caption contests, polls
                                     sites. Attribution is extremely    etc.
                                     important.




Best performing content and themes
Mass market
We paired
targeted-
mass “Paid”
with “Always                                                                                                       Advertising

On”                   Realistically relevant

                                                                                                                   ~200MM imp

                                                                                                                  Facebook Ads,
Timing: May-Sept 10                             Social/Viral Reach
                                               11.3MM impressions                Promotions                         Tumblr Ads
                                                                                                                  , Banner Ads,
2012


                            Current users
                                                  Always-On Users:
                                                      153,400

                                               Facebook fans: 152,000
                                               Tumblr followers: 1,400


                                                        Buy rate                                        Repeat                             Penetration



                                                                         Digital, precision/ buy rate      Traditional , awareness/trial
1 organic impression    2.3 viral impressions       We’ve added almost 70K new fans since
                                                        stopping advertising on 8/18


   Content sharing 10X higher than Brand X       Organic fan growth 4X higher than Brand X




 Strong content made our impact even greater
 Our content was shared broadly expanding our reach by over 2X and organic fan growth
 was around 1K new fans per day.
It worked!
                                           +2.0MM
We gained                                 Est. Yearly
                                   Organic/Viral Impressions
invaluable                             (from new fans)

insights and
                                            +34MM
drove real                               Est. Yearly
                                   Organic/Viral Impressions
results
• Better than average ROI on
  ads

• Low paid CPM, even lower
  effective CPM                            11.3MM
                                   Organic/Viral Impressions
• Less than the production
  cost of a typical TV spot

• Less than the time it takes to
  plan a typical campaign
                                           >200K
                                       Facebook Fans
Agile Brands, Bold
Leaders
Hard leadership lessons being learned daily:
• It’s a culture change, not a process change
• Small, dedicated team
• Execution is hard
• Constraints / under resourced




Unlocking Growth via Content
•   Content == interaction == Truth
•   Iteration > Perfection

Keep shipping (content)!
Jim Cuene
Jim.cuene@genmills.com
@jcuene

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Keynote: Brands, Content and the Moment of Truth: The Agile Approach to Unlock Brand Growth

  • 1. Brands, Content & the Moment of Truth | The Agile Approach to Unlock Brand Growth
  • 2. @jcuene Business nerd Culture nerd ” Digital nerd American Studies ≠ MBA @thewaltwhitman
  • 3. “Truth” Unlocks Growth ? $  Right Right Consumer Marketer insight Creative Moment Moment Message of Truth of Truth We need a way to get there faster 12 Months 8
  • 4. Marketer Consumers
  • 5.
  • 6.
  • 7.
  • 8. There once was a company of champions….
  • 9. The Archetype The farmer's industry calls him ” to till the soil, from which he receives God's special blessings Jefferson, “Notes on the State of Virginia”
  • 10. Agrarian Roots Rational Gritty Annual Cycles Conservative Legacy
  • 11. Modern Global State of the Art Performance Growth
  • 12.
  • 13.
  • 14.
  • 15. We Thought: Digital Marketing = New tools, old problems We Brand Building in a Networked World Realized: New approach, new opportunities
  • 16. A very different family unit
  • 17.
  • 18.
  • 19.
  • 20.
  • 22. hacker “The word `hacker' has an unfairly negative connotation from being portrayed in the media as people who break into computers. In reality, hacking just means building something quickly or testing the boundaries of what can be done…. The Hacker Way is an approach to building that involves continuous improvement and iteration. Hackers believe that something can always be better, and that nothing is ever complete. They just have to go fix it – often in the face of people who say it's impossible or are content with the status quo… Hackers try to build the best services over the long term by quickly releasing and learning from smaller iterations rather than trying to get everything right all at once. Hacking is also an inherently hands-on and active discipline. Instead of debating for days whether a new idea is possible or what the best way to build something is, hackers would rather just prototype something and see what works. Mark Zuckerberg – letter to investors
  • 23. hack Build something See if works Make it better, then bigger Repeat again and again Done is better than perfect. Make more interaction Keep shipping
  • 24. Silicon Valley’s Marketer of the Future 24
  • 25. Agile Brand Building Individuals and Intuition over process In-Market Results over opinion Hacking the Consumer Response over consensus Modern Brand Responding to Change over following plan Results over decks Content = Code = Truth Keep “Shipping” Content 25
  • 26. Case Study: Reese’s Puffs •How to take a classic brand and modernize to jumpstart growth? Moment of truth: Will consumers respond?
  • 27. Since 1923 Reese’s has made a flavor mashup worth talking about Chocolate + Peanutbutter = Awesome
  • 28. But we didn’t stop there, we mashed it up with breakfast Chocolate + Peanutbutter + Breakfast = AWESOMER This idea helped us hone in on the purpose of the brand.
  • 29. Reese’s Puffs Core Purpose: To bring awesome things together to make them awesomer Since Reese’s Puffs are the ultimate combination, we want to work together with our fans to create even more perfect mashups.
  • 30. Reese’s Puffs were already being mashed-up in culture Memes/mashups are a sharable and authentic territory.
  • 31. Connected to Today’s Creativity / Creative Culture Take it One Step Further / Expression & Pushing Further Experiences Three territories became the launchpad for new content deas than limiting the areas Reese’s Puffs could play in, pursuits inspire new Rather ways of thinking about the brand.Unlock new places for consumers and brand to connect.
  • 32. • User Content Branded Content • Impressions We plotted out a digital ecosystem to support our efforts • User Content Branded • Impressions Content BRANDED It was designed to distribute our content and CONTENT fuel Reese’s Puffs’ Always- HUB On engine. • Branded Content • Branded Content • User Content • Community Learnings Impressions SOCIAL MEDIA CHANNELS PAID MEDIA CHANNELS
  • 33. facebook.com/reesespuffs reesespuffscereal.tumblr.com youtube.com/reesespuffscereal Reese’s Puffs digital ecosystem Facebook was the primary driver. The page gained >160k fans in 3 months with minimal paid acquisition and had stellar levels of engagement when we were most active. The most sharable content was brought to Tumblr and original videos were posted to a branded YouTube channel.
  • 34. Content was executed quickly and put into market to learn We’ve shared memes and mashups; created new Reese’s Puffs-inspired memes; offered Teen friendly recipes and shared interviews with mashup and meme creators.
  • 35.
  • 36.
  • 37. 1,391 LIKES 65 COMMENTS 311 SHARES 480 LIKES 33 COMMENTS 67 SHARES 520 LIKES 31 COMMENTS 65 SHARES Image Macros – Clever Found content – Sourced from and Co-created content – Photo headlines with simple images. attributed to users and meme mashups, caption contests, polls sites. Attribution is extremely etc. important. Best performing content and themes
  • 38. Mass market We paired targeted- mass “Paid” with “Always Advertising On” Realistically relevant ~200MM imp Facebook Ads, Timing: May-Sept 10 Social/Viral Reach 11.3MM impressions Promotions Tumblr Ads , Banner Ads, 2012 Current users Always-On Users: 153,400 Facebook fans: 152,000 Tumblr followers: 1,400 Buy rate Repeat Penetration Digital, precision/ buy rate Traditional , awareness/trial
  • 39. 1 organic impression 2.3 viral impressions We’ve added almost 70K new fans since stopping advertising on 8/18 Content sharing 10X higher than Brand X Organic fan growth 4X higher than Brand X Strong content made our impact even greater Our content was shared broadly expanding our reach by over 2X and organic fan growth was around 1K new fans per day.
  • 40. It worked! +2.0MM We gained Est. Yearly Organic/Viral Impressions invaluable (from new fans) insights and +34MM drove real Est. Yearly Organic/Viral Impressions results • Better than average ROI on ads • Low paid CPM, even lower effective CPM 11.3MM Organic/Viral Impressions • Less than the production cost of a typical TV spot • Less than the time it takes to plan a typical campaign >200K Facebook Fans
  • 41. Agile Brands, Bold Leaders Hard leadership lessons being learned daily: • It’s a culture change, not a process change • Small, dedicated team • Execution is hard • Constraints / under resourced Unlocking Growth via Content • Content == interaction == Truth • Iteration > Perfection Keep shipping (content)!

Hinweis der Redaktion

  1. How many great ideas died here? What innovations got undermined by group think.