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Big Brand Small Budget UNLOCKED
Big Brand Small Budget UNLOCKED
marketing budget
Cost-effective brand building in the digital age
Executive summary
Less likely
to buy
“Up to 95% of business
Future customers clients are not in the market
(+95% of the market) for many goods and services
at any one time.”
FUTURE DEMAND
EXISTING DEMAND
How do they do it?
By investing their budget in mediums like TV and mass-media
that provide the widest possible reach...
ALL INDIVIDUALS
3.5%
13.0%
9.3%
Broadcaster TV 0.9%
3.0%
TikTok
accounts for 64% of 36.3%
2.8%
YouTube
video per day 25.2%
0.1%
Facebook
16-34s 1.7%
Other online video
Average video time per day:
63.7% Online 'adult' XXX video
All Individuals: 5hrs, 16 mins 11.2%
16-34s: 4hrs, 54 mins 4.6% 0.7% Cinema
2.6%
19.3% 1.8% DVD
0.1%
Subscription VOD
Broadcaster TV
Source: 2020, BARB / Broadcaster stream data / comScore / IPA Touchpoints 2020 (lockdown) / Pornhub / Rentrak
… and generate the most profit per dollar invested
% BUDGET
Sources: 1) ‘Profit Ability: the business case for advertising’, Nov 2017
2) Ebiquity ROI campaign database (Feb’14-May’17) & Gain Theory. Campaign obs: 1,954
Big brands use mass-media to deliver engaging marketing
messages that tell a story (instead of just selling products)
% reporting very large effects on business metrics For campaigns % reporting very large growth
that are:
55%
Rational
46% 29%
Emotional
25%
31%
28% 27% 27% 16%
11%
5% 5%
2%
Sales Market share Price sensitivity Loyalty New Custom ers Rational Combined Emotional
Source: Les Binet and Peter Field, The Long and the Short of It, IPA, (Figures 44, 53)
The result is that big brands convert existing demand today
and build a pipeline of future demand for tomorrow
TOTAL DEMAND
People who might buy in the future
EXISTING DEMAND
People who will likely buy now
But this gives the big guys
an unfair advantage.
Because going after everyone is really, really expensive
So what do most small
brands do?
They make an often-fatal mistake
Most businesses
double-down on
performance ads.
(Advertising where the purchaser pays only when there are measurable results)
This seems to make sense,
because performance ads are...
MEASUREABLE > You see exactly what’s working (and what’s not) in real-time
But there’s a problem with
performance marketing…
It cannot build a big brand.
Future customers
Big-brand marketing
100% of the market Immediate
prospects
Performance marketing
Existing <5% of the market
customers
That also means you (and everyone else) end up fighting over a small number of
active shoppers like rats in a barrel
Less Lower ad
competition costs
Future customers
Immediate
prospects
Existing
customers
More Higher ad
competition costs
This competition leads to
skyrocketing advertising costs.
And forces you into the CAC Valley Of Death
Once current demand is exhausted, performance marketing traps you with
spiraling acquisition costs that quickly become unsustainable
Brand starts
to advertise
Gets better at digital
advertising CAC gets
unsustainable
Underinvestment in TOFU,
no new demand created
Time
Performance marketing
delivers short-term results at
the expense of future growth.
Campaign effectiveness has suffered over the past two decades,
and short-term digital advertising is the reason why
Source: Effectiveness in Context, IPA Databank of 497 for profit cases and 121 not for profit cases submitted between
1998-2016. The Institute of Practitioners in Advertising UK.
This is why so many brands
cannot scale profitably.
“… has yet to record a profitable year. While it aims to become profitable, Allbirds warned that
it may not do so in the near future.” - Modern Retail
“Had sales of $152 million in 2015 according to Unilever, but the business reportedly wasn’t
profitable at that point, almost five years after it was founded.” Camino Financial
Net losses of $67.4 million in 2019, after losing $93.2 million in 2018 and $73.1 million in 2017.
“It’s never been easier or less expensive to start a business, but it’s also never been harder to
scale one.” - Neil Blumenthal, Co-Founder and CEO, Warby Parker
Key takeaways
• TV and mass media are the best mediums for delivering emotional
ads at scale, but also the most expensive
MOVE Video
Digital-first companies that have
created huge brands invest heavily
Email in ads that:
SEO
Display Examples
OOH
Wealthsimple: https://youtu.be/fypQIkUKgUE
INFORM
Gymshark: https://youtu.be/Wt5SlONIRZ0
Video can work for both top and bottom funnel objectives, and is
much cheaper than using click-based advertising
CHASE IMPACT AT SCALE DRAMATISE YOUR DIFFERENCES SPEND SMARTER
Bottom of funnel
$0.10 $5-10
Top of funnel
AVG. COST AVG. COST
PER VIEW PER CLICK
While Formula E’s cars would always be slower than F1, its
qualities contained a hidden advantage - if we reframed
and shifted the context.
% ADS
AVG. # ADS
SEEN PER DAY¹ 4,000 FORGOTTEN
OR IGNORED² 89% WASTED AD
SPEND (2020)³ $222b
The easiest way to improve the efficacy of your marketing is
having a brand identity and advertising that stands out.
Sources:
¹ How Many Ads Do You See In One Day
² Artisanal Advertising
³ Advertising spending in North America from 2000 to 2023
You have to...
Optimum Actual
balance balance
Sectors
(TOFU v BOFU) (TOFU v BOFU)
SEO
Email
60% OOH
Radio
FMCG 60:40 71:29
¹ TOFU: Top of funnel ads that build awareness and brand Source: Effectiveness in Context, IPA Databank of 497 for profit
² BOFU: Bottom of funnel ads that persuade and convert cases and 121 not for profit cases submitted between 1998-2016.
The Institute of Practitioners in Advertising UK.
Key takeaways
• Look, act, and feel different from your competitors to stand out and
capture market share
6-12 months
131 135
119 123
Watch: How Dare used channel diversity to become Single Media Two Media Three Media Four Media Five Media
the leading iced coffee brand in Australia. Platfo rm Platfo rms Platfo rms Platfo rms Platfo rms
https://youtu.be/67QZXKuYaQY
short-term effects
65% Paid search
Inserts Email
Do: Leverage any owned assets and channels as much 55% Regional newspapers
as possible 45%
SMS Online Non-video
Social Media
Radio Online video
DM Magazines PR
Don’t: Limit yourself to communications alone to get 35% National newspapers TV
DOH Cinema Sponsorship
your message out 25%
Promos
*Source: Les Binet and Peter Field, The Long and the Short of it, IPA (Fig. 27)
MEDIA SELECTION
Do: Use digital media to drive home more specific 3 Radio 8 3= Newspapers 8
Disruption
-5% +5%
Do: Find creative or unusual ways to showcase your
products, services or achievements
Don’t: Use cliches or tropes
Don’t: Use bland, generic messaging or boring statistics Difference
3.25
Big, bold ideas have more impact than bland
category messages, figures or statistics. Go big, 1.9
or go home. SOV
Efficiency
0.2
*Source: Les Binet and Peter Field, The Long and the Short of it, IPA (Fig. 44, 60)
PERFORMANCE
Helpful KPIs
§ % Audience Reached (Reach)
§ Ad Recall (Differentiation, Creativity)
§ Change in Sentiment (Positioning)
§ Share of Search (Market Share)
creativebusinesscompany.com
THE FIRM
TO BE FAMOUS FOR?
THE FIRM
OUR GOAL?
Aspirational
Customer Mindset
“Show me that you truly
“Inspire me by providing a taste of “Convince me that we “Help me get on with my journey by simplifying “Make me feel as though you value our
understand me… and my
the Delightfully Different experience.” are in this together.” and streamlining the process of arrival.” relationship, beyond the flight itself.”
unique needs as a traveller.”
Future State
Signature Touchpoints
Always a la Carte Always a la Carte Always a la Carte Always a la Carte Arrival Office Centre
Provide opportunities to customize the Allow passengers to select add-on Make passengers feel like individuals Make it easy for passengers to purchase Give passengers comfort and peace of mind by
experience. For instance...during online services at check-in (and potentially throughout the in-flight experience. additional services following the flight. preparing them for the rest of their journey. For
Exam Map
checkout, customers check boxes after check-in). For instance…offer For instance...allow economy passengers For instance…offer car booking services, instance...have “executive assistants” from the
to select add-ons and upgrades. families the option of an airport stroller. to upgrade to business class meals. or access to the arrival office centre. Office Centre call to offer additional assistance.
Beyond Expectations, Bridging Worlds Beyond Expectations, Bridging Worlds Beyond Expectations, Bridging Worlds Beyond Expectations, Bridging Worlds Beyond Expectations, Bridging Worlds
Tea When You Need it Most Tea When You Need it Most Tea When You Need it Most Arrival Office Centre City Survival Kit
Create awareness of our Delightfully Different Show passengers we understand the stress A small touch of Turkish hospitality during the Offer unique services and facilities that Help passengers assimilate and get the most
approach at events, sponsorships, or in of travel and constantly operate From the Heart. flight experience. For instance…if the flight is prepare passengers for their destination. out of their journey. For instance...provide
unexpected venues. For instance…bring For instance…offer tea at a long check-in line delayed after boarding, have FAs go through For instance…provide basic office emergency phone numbers so travellers feel
the Turkish tea cart to lines at football stadium or in the gate area. the plane with a round of Turkish tea. services like copy, print and fax. prepared in the event of crime or injury.
entrances. From the Heart, Beyond Expectations From the Heart, Beyond Expectations From the Heart, Beyond Expectations Beyond Expectations, From the Heart Bridging Worlds, From the Heart
Brand Essence
The brand essence
functions as the
Delightfully Different City Survival kit
Inspire passengers by showcasing our
City Survival Kit
Give passengers comfort that we can
Tea When You Need it Most
Keep passengers engaged by reinforcing
short-hand for the
overall strategy on-the-ground knowledge of our diverse help them beyond the flight. For instance… this touchpoint after arrival. For instance…
destinations. For instance...distribute if customers express worry or fear about offer tea when baggage arrival is late.
phrasebooks for destination cities their destination at check-in, offer them From the Heart, Beyond Expectations
that are included in the survival kit. a survival kit then.
Positioning
Statement
For the global traveller in search Bridging Worlds, From the Heart Bridging Worlds, From the Heart
City Survival Kit
Clarifies who the
brand is designed
of something new, Turkish Airlines De-stress passengers by addressing
for, the challenge
we solve and the
brings the different cultures, people some of the arrival headaches. For
instance...include maps and public
distinctive benefit
we offer
and perspectives of the world closer transportation info in the survival kit.
together, delivering a travel experience Bridging Worlds, From the Heart
Network Loyalty Unlimited Standby Flights Unlimited Standby Flights Network Loyalty
Create engagement with passengers who Allow for and encourage last minute decision- Reinforce the uniqueness of the offer Provide access to rewards and recognition
typically wouldn’t have access to our loyalty making to fill otherwise empty seats. For by providing a small touch of delight in unexpected ways. For instance...create
program. For instance...create social media instance...create a board showing departing in-flight. For instance...when standby tools for passengers to gift rewards to others
initiatives to engage students and their flights with availability for standbys. flyers reach a milestone (e.g. number in their loyalty group.
networks in the loyalty program. Bridging Worlds, From the Heart of flights, distance), upgrade their seat. Beyond Expectations, Bridging Worlds
Beyond Expectations, Bridging Worlds Bridging Worlds, From the Heart
Call Center improvements Airport services improvements, Consistent delivery with Luggage handling improvements CRM and on-going conversation
with emphasis on check-in process ‘From the Heart’ in cabin with customers
Website improvements Transit flight process improvements
Streamlining the boarding process Improvements around delays Improvements around redeeming
Full integration between after boarding miles within M&S
online and offline channels Improvements around delays and
on-time departures Complaint resolution improvements
Establish a Service Culture Achieve Process Excellence Re-assess and Invest in IT Ensure Customer Ownership
AL JAZEERA
We made Al Jazeera’s
diversity their difference again
BRAND STRATEGY
ADVERTISING
MARKETING EFFECTIVENESS
Al Jazeera Global Brand Guidelines Global brand strategy 55
is to provide clarity
can be used externally, they are primarily
and societies we report from for internal use. They should be used as
criteria to decide whether our content,
through contrast.
output, products and promotion align with
Context reveals true causes our masterbrand positioning. The brand
Placing everyday issues and events in the pillars should also be communicated to all
We champion diversity
broader context reveals true causes and their new and existing employees as a way of
effect on people’s lives making clear the desired behaviours we’d
like to see inside our organisation.
sources to offer
a more inclusive public space
Wherever it leads,
audiences a more
This is our masterbrand positioning explained.
It shows how contrasting people and whoever it takes
perspectives inside Al Jazeera help us create
a better final product. This statement should On the ground, first-hand coverage creates
be used on all ‘about us’ sections on our
websites, apps and other online touchpoints
where our content is read. Senior leadership,
informed, unfiltered a fairer and more factual account of the
issues and events of our time
of their world.
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