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Search Engine Marketing       Online Media Buying   Social Media Marketing   Internet Marketing Consulting




                          How To Be a Challenger
                              Applying the Eight Credos
                           of Successful Challenger Brands
                          to Your Digital Marketing Strategy
                             Presented by Web Ad.vantage, Inc.
Search Engine                                                            Internet Marketing
                                         Slide Title
                                                  Marketing
                                                                                Online Media Buying      Social Media Marketing
                                                                                                                                      Consulting




                                     Challenger Brand Thinking


                      What is a Challenger Brand?

Not a market leader                                                                  Aggressive competitors

                                                                                                                Want to capture
                                                                                                                 market share




                                                                                        Challenger
  Bold & “mavericky”                                                                                  Risk-takers
                                          Market Leader

                                                       Stands out in a
                                                      crowded market
15 June 2012                                                                                                                                2
               Web Ad.vantage | 321 N. Union Street, Havre de Grace, Maryland 21078 | p. (410) 942-0488 f. (410) 942-0487
Search Engine                                                            Internet Marketing
                                         Slide Title
                                                  Marketing
                                                                                Online Media Buying      Social Media Marketing
                                                                                                                                      Consulting




                                     Challenger Brand Thinking


                        What are the Eight Credos?
 Challenger Brands are guided
   by a set of 8 credos that
   differentiate them from
        market leaders

Says Who?
  Adam Morgan, author of
  Eating the Big Fish
15 June 2012                                                                                                                                3
               Web Ad.vantage | 321 N. Union Street, Havre de Grace, Maryland 21078 | p. (410) 942-0488 f. (410) 942-0487
Search Engine                                                            Internet Marketing
                                            Slide Title
                                                     Marketing
                                                                                   Online Media Buying      Social Media Marketing
                                                                                                                                         Consulting




                                        Challenger Brand Credo #1


      Break With Your Immediate Past
What does it mean?
Don’t be afraid to ask “dumb” questions to challenge
convention in order to view your brand differently



               Digital Marketing Strategy
 • Conduct online surveys/polls
 • Distribute online press releases
 • Use social media as a research tool
 • Set new digital marketing goals


15 June 2012                                                                                                                                   4
                  Web Ad.vantage | 321 N. Union Street, Havre de Grace, Maryland 21078 | p. (410) 942-0488 f. (410) 942-0487
Search Engine                                                            Internet Marketing
                                            Slide Title
                                                     Marketing
                                                                                   Online Media Buying      Social Media Marketing
                                                                                                                                         Consulting




                                        Challenger Brand Credo #2


         Build a Lighthouse Identity
What does it mean?
Developing a very clear sense of who or what you are as a
brand/company, then projecting that identity intensely and
consistently

               Digital Marketing Strategy
 • Branded digital advertising campaign
      • Display
      • Paid Search
      • Mobile
 • Emphasize clear branding in all digital
 touch points

15 June 2012                                                                                                                                   5
                  Web Ad.vantage | 321 N. Union Street, Havre de Grace, Maryland 21078 | p. (410) 942-0488 f. (410) 942-0487
Search Engine                                                            Internet Marketing
                                            Slide Title
                                                     Marketing
                                                                                   Online Media Buying      Social Media Marketing
                                                                                                                                         Consulting




                                        Challenger Brand Credo #3


 Assume Thought Leadership of the Category
What does it mean?
Break convention in terms of representation (what you
say), where you say it (medium), and experience (beyond just
talk).

               Digital Marketing Strategy
 • White Papers
 • Lead Generation
 • Content Marketing
 • Social Media for word-of-mouth
 marketing

15 June 2012                                                                                                                                   6
                  Web Ad.vantage | 321 N. Union Street, Havre de Grace, Maryland 21078 | p. (410) 942-0488 f. (410) 942-0487
Search Engine                                                            Internet Marketing
                                            Slide Title
                                                     Marketing
                                                                                   Online Media Buying      Social Media Marketing
                                                                                                                                         Consulting




                                        Challenger Brand Credo #4


      Create Symbols of Re-evaluation
What does it mean?
Establishing symbols designed to prompt quick re-evaluation
by consumers and enhance their view of the brand.



               Digital Marketing Strategy
 • Creative campaigns & messaging
 • Offer virtual goods or downloadables
 that reinforce the symbolism
 • Mobile app or tool


15 June 2012                                                                                                                                   7
                  Web Ad.vantage | 321 N. Union Street, Havre de Grace, Maryland 21078 | p. (410) 942-0488 f. (410) 942-0487
Search Engine                                                            Internet Marketing
                                            Slide Title
                                                     Marketing
                                                                                   Online Media Buying      Social Media Marketing
                                                                                                                                         Consulting




                                        Challenger Brand Credo #5


                  Sacrifice
What does it mean?
Laser-focus your
target, message, reach, frequency, distribution and line
extensions. Recognize that less can be more.
               Digital Marketing Strategy
 • Leverage advanced targeting
 technologies
 •Re-evaluate efforts; stop doing what
 isn’t working
 • Utilize new tools to measure ROI and
 increase learnings from analytics

15 June 2012                                                                                                                                   8
                  Web Ad.vantage | 321 N. Union Street, Havre de Grace, Maryland 21078 | p. (410) 942-0488 f. (410) 942-0487
Search Engine                                                            Internet Marketing
                                            Slide Title
                                                     Marketing
                                                                                   Online Media Buying      Social Media Marketing
                                                                                                                                         Consulting




                                        Challenger Brand Credo #6


                Over-Commit
What does it mean?
Although you may do fewer things, do “big” things when you
do them!


               Digital Marketing Strategy
 • Ensuring consistency across digital
 marketing channels for max impact
 • Developing a clear, streamlined
 conversion path
 • Optimize, optimize, optimize!


15 June 2012                                                                                                                                   9
                  Web Ad.vantage | 321 N. Union Street, Havre de Grace, Maryland 21078 | p. (410) 942-0488 f. (410) 942-0487
Search Engine                                                            Internet Marketing
                                            Slide Title
                                                     Marketing
                                                                                   Online Media Buying      Social Media Marketing
                                                                                                                                         Consulting




                                        Challenger Brand Credo #7


               Use Advertisement and Publicity as a
                       High-Leverage Asset
What does it mean?
Unconventional communications can really get people talking!

               Digital Marketing Strategy
 • Social media for PR
 • Effective email marketing with
 personal, customized touch
 • Viral marketing
 • Gamevertising
 • Blogger outreach

15 June 2012                                                                                                                                 10
                  Web Ad.vantage | 321 N. Union Street, Havre de Grace, Maryland 21078 | p. (410) 942-0488 f. (410) 942-0487
Search Engine                                                            Internet Marketing
                                            Slide Title
                                                     Marketing
                                                                                   Online Media Buying      Social Media Marketing
                                                                                                                                         Consulting




                                        Challenger Brand Credo #8


     Become Idea-Centered, Rather than
              Consumer-Centered
What does it mean?
Sustain challenger momentum by not losing sight of what the
brand is about and can be. Redefine marketing to reflect vision.
               Digital Marketing Strategy
 • Using social media as idea generation
 tool
 • Use web meetings for brainstorming
 • Never become static—maintain a full
 digital marketing pipeline
 • Sharing, bookmarking & tagging

15 June 2012                                                                                                                                 11
                  Web Ad.vantage | 321 N. Union Street, Havre de Grace, Maryland 21078 | p. (410) 942-0488 f. (410) 942-0487

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How to Be a Challenger Brand

  • 1. Search Engine Marketing Online Media Buying Social Media Marketing Internet Marketing Consulting How To Be a Challenger Applying the Eight Credos of Successful Challenger Brands to Your Digital Marketing Strategy Presented by Web Ad.vantage, Inc.
  • 2. Search Engine Internet Marketing Slide Title Marketing Online Media Buying Social Media Marketing Consulting Challenger Brand Thinking What is a Challenger Brand? Not a market leader Aggressive competitors Want to capture market share Challenger Bold & “mavericky” Risk-takers Market Leader Stands out in a crowded market 15 June 2012 2 Web Ad.vantage | 321 N. Union Street, Havre de Grace, Maryland 21078 | p. (410) 942-0488 f. (410) 942-0487
  • 3. Search Engine Internet Marketing Slide Title Marketing Online Media Buying Social Media Marketing Consulting Challenger Brand Thinking What are the Eight Credos? Challenger Brands are guided by a set of 8 credos that differentiate them from market leaders Says Who? Adam Morgan, author of Eating the Big Fish 15 June 2012 3 Web Ad.vantage | 321 N. Union Street, Havre de Grace, Maryland 21078 | p. (410) 942-0488 f. (410) 942-0487
  • 4. Search Engine Internet Marketing Slide Title Marketing Online Media Buying Social Media Marketing Consulting Challenger Brand Credo #1 Break With Your Immediate Past What does it mean? Don’t be afraid to ask “dumb” questions to challenge convention in order to view your brand differently Digital Marketing Strategy • Conduct online surveys/polls • Distribute online press releases • Use social media as a research tool • Set new digital marketing goals 15 June 2012 4 Web Ad.vantage | 321 N. Union Street, Havre de Grace, Maryland 21078 | p. (410) 942-0488 f. (410) 942-0487
  • 5. Search Engine Internet Marketing Slide Title Marketing Online Media Buying Social Media Marketing Consulting Challenger Brand Credo #2 Build a Lighthouse Identity What does it mean? Developing a very clear sense of who or what you are as a brand/company, then projecting that identity intensely and consistently Digital Marketing Strategy • Branded digital advertising campaign • Display • Paid Search • Mobile • Emphasize clear branding in all digital touch points 15 June 2012 5 Web Ad.vantage | 321 N. Union Street, Havre de Grace, Maryland 21078 | p. (410) 942-0488 f. (410) 942-0487
  • 6. Search Engine Internet Marketing Slide Title Marketing Online Media Buying Social Media Marketing Consulting Challenger Brand Credo #3 Assume Thought Leadership of the Category What does it mean? Break convention in terms of representation (what you say), where you say it (medium), and experience (beyond just talk). Digital Marketing Strategy • White Papers • Lead Generation • Content Marketing • Social Media for word-of-mouth marketing 15 June 2012 6 Web Ad.vantage | 321 N. Union Street, Havre de Grace, Maryland 21078 | p. (410) 942-0488 f. (410) 942-0487
  • 7. Search Engine Internet Marketing Slide Title Marketing Online Media Buying Social Media Marketing Consulting Challenger Brand Credo #4 Create Symbols of Re-evaluation What does it mean? Establishing symbols designed to prompt quick re-evaluation by consumers and enhance their view of the brand. Digital Marketing Strategy • Creative campaigns & messaging • Offer virtual goods or downloadables that reinforce the symbolism • Mobile app or tool 15 June 2012 7 Web Ad.vantage | 321 N. Union Street, Havre de Grace, Maryland 21078 | p. (410) 942-0488 f. (410) 942-0487
  • 8. Search Engine Internet Marketing Slide Title Marketing Online Media Buying Social Media Marketing Consulting Challenger Brand Credo #5 Sacrifice What does it mean? Laser-focus your target, message, reach, frequency, distribution and line extensions. Recognize that less can be more. Digital Marketing Strategy • Leverage advanced targeting technologies •Re-evaluate efforts; stop doing what isn’t working • Utilize new tools to measure ROI and increase learnings from analytics 15 June 2012 8 Web Ad.vantage | 321 N. Union Street, Havre de Grace, Maryland 21078 | p. (410) 942-0488 f. (410) 942-0487
  • 9. Search Engine Internet Marketing Slide Title Marketing Online Media Buying Social Media Marketing Consulting Challenger Brand Credo #6 Over-Commit What does it mean? Although you may do fewer things, do “big” things when you do them! Digital Marketing Strategy • Ensuring consistency across digital marketing channels for max impact • Developing a clear, streamlined conversion path • Optimize, optimize, optimize! 15 June 2012 9 Web Ad.vantage | 321 N. Union Street, Havre de Grace, Maryland 21078 | p. (410) 942-0488 f. (410) 942-0487
  • 10. Search Engine Internet Marketing Slide Title Marketing Online Media Buying Social Media Marketing Consulting Challenger Brand Credo #7 Use Advertisement and Publicity as a High-Leverage Asset What does it mean? Unconventional communications can really get people talking! Digital Marketing Strategy • Social media for PR • Effective email marketing with personal, customized touch • Viral marketing • Gamevertising • Blogger outreach 15 June 2012 10 Web Ad.vantage | 321 N. Union Street, Havre de Grace, Maryland 21078 | p. (410) 942-0488 f. (410) 942-0487
  • 11. Search Engine Internet Marketing Slide Title Marketing Online Media Buying Social Media Marketing Consulting Challenger Brand Credo #8 Become Idea-Centered, Rather than Consumer-Centered What does it mean? Sustain challenger momentum by not losing sight of what the brand is about and can be. Redefine marketing to reflect vision. Digital Marketing Strategy • Using social media as idea generation tool • Use web meetings for brainstorming • Never become static—maintain a full digital marketing pipeline • Sharing, bookmarking & tagging 15 June 2012 11 Web Ad.vantage | 321 N. Union Street, Havre de Grace, Maryland 21078 | p. (410) 942-0488 f. (410) 942-0487