The document discusses the concept of "participation brands" which actively involve consumers to enhance their lifestyles and communities. It conducted a study of 177 brands across 5 markets to develop a Participation Brand Index. The study found a strong relationship between consumer involvement and a brand's financial performance. Specifically, investing in the top brands on the Index would have earned double the return of the S&P 500 over the past 3 years. The document outlines the 5 pillars of participation brands: passionate purpose, culture shaping, people powered, category innovating, and distinctive character.
READING:
The rise of ad blocking
https://pagefair.com/blog/2016/mobile-adblocking-report/
READING:
The rise of ad blocking
https://pagefair.com/blog/2016/mobile-adblocking-report/
Brands – 50 in each market across 5 sectors
Each respondent is asked a series of ‘performance’ questions across all brands
Purchase funnel – awareness, consideration, willingness to pay premium
Emotional response – love, excitement, intrigue, apathy
NPS, willingness to pay a premium
All brands, global
Far right red dot is line
A 3 year investment in the top 20 global brands in the Participation Brand Index would have earned a return 4 times that of the bottom 20 brands.
An investment in the top 10 brands in the Index would have produced a return double that of the S&P 500 each year over the past 3 years.
A passionate purpose is more than just a position in the category or a point of view on the world.
It is a driving force behind all brand behaviour that gives everything you do an authentic passion, purpose and potency.
It is the brand’s reason for getting out of bed in the morning.
Samsung Netball example
All brands today are busy trying to borrow from or surf culture.
If you want to really cut through you have to bring something genuinely fresh to the party and act more like a cool host than an overbearing guest.
Adidas example …
Celebrating and involving real people can’t be just a bolt-on to campaign development. It’s a fundamental pillar of modern brand building if you want to drive affinity , adoption and advocacy.
We will always strive to find relevant ways to help brands feel ‘of’, not just ‘for’ their audience.
Purdeys example …
It’s easy for cultural marketing to get disconnected from the role of your product in people’s lives and the ultimate job of helping them buy.
We look to bring all this together to ensure you’re offering something more interesting, exciting and relevant in the context of the consumer relationship.
Domis example
A truly distinctive character allows people to quickly, instinctively recognise and feel affinity for a brand.
The most powerful are multi-faceted , provocative and reinforced simply through body language and iconography in every brand experience.
In categories where are many viable choices and parity in product performance, a distinctive personality can make all the difference in commercial performance.
Jeep example …
No surprises for guessing the top 5
Urban dwellers were twice as likely to say that the brands in the study were endorsed by someone they follow in social media than those living in rural or suburban areas. Whether instagram, vloggers or inspiring Pinterest users, the impact of influencers is much stronger with a connected urban audience. And within this audience it is females who are the most responsive – with the influencer-led storytelling of technology brands like Beats, GoPro, Sonos and FitBit coming out on top.