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Showing posts with label Innovation and hypercompetition consultancy. Show all posts
Showing posts with label Innovation and hypercompetition consultancy. Show all posts

Tuesday, April 10, 2012

Simon Mainwaring: The “doing” vs. “being” of branding

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Image Credit: GemsSty.com

Image credit: Gemssty.com

AdAge recently did a great article on micro-sponsorship highlighting leading brands like Quaker Oats and Pepsi that are reaching out to communities for their stories and ideas around positive social change. To me this begs the question, are these marketing or research campaigns?

In my mind they’re a little of both and a smart thing to do. Not only are these brands participating in social conversation but they’re learning how to be effective.

The social good space will soon become crowded just as the green space has. The challenge for brands will then be how to define yourself in a way that is most meaningful to their consumers.

Too often brands are caught up in their doing – the doing of getting their latest product to market, of meeting their next quarterly profit projection, of jumping on the latest mobile technology or app.

What is more critical and determinative is the “being” of a brand.

If a brand understands who it is it’ll be able to articulate and demonstrate its core values clearly to consumers. And when it does that, every social change initiative will reinforce their authentic brand narrative rather than come off as a cynical effort to polish an unrelated brand identity.

So before a brand rushes off to do something, it would be wise to stop and be something. That way it’ll be more clearly defined, more meaningful to consumers and a standout in a crowded space.   

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Jim Woods is president and founder of InnoThink Group. A leading consulting firm specialized solely in enabling organizations of all sizes in all industries develop top line growth through strategic innovation and hypercompetition. Jim has over 25 years consulting experience in working with small, mid size and Fortune 1000 companies. Call for an appointmentto hire Jim to speak or advise your organization at 719-649-4118 or email

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Female shoppers matched up with dates when they buy a pair of shoes

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Shoe Dating from Malaysian retailer Shoes Shoes Shoes connects women purchasing footwear with men offering to pay a portion of the price in return for a date.

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Malaysia

We have already seen matchmaking services linking potential partners based on consumer choices when we covered Asda Dating, linking users with similar shopping lists. Now Shoe Dating aims to offer female customers dates as well as discounts on a pair of shoes.

The promotion is being launched by Malaysian retailer Shoes Shoes Shoes in collaboration with dating siteLunch Actually and women’s radio station Capital FM. Men signed up to Lunch Actually are encouraged to select from a list of 20 shoe makes they would like their potential partner to wear. They also pick a percentage of the sale price they are willing to pay in return for a date, from 10 percent or more. When women purchase footwear from Shoes Shoes Shoes, they are matched with the men who selected their chosen pair and receive the promised discount after the first date.

The shoe retailer has apparently already received success stories from the promotion, and has certainly added extra excitement to the shopping process. One to emulate in your part of the world?

Website: www.facebook.com/shoedating

We are a leading innovation and hypercompetition consultancy with a passion for profit. Want to increase the sustainability of your growth initiatives or need a speaker? Contact us. 

Jim Woods is president and founder of InnoThink Group. A leading consulting firm specialized solely in enabling organizations of all sizes in all industries develop top line growth through strategic innovation and hypercompetition. Jim has over 25 years consulting experience in working with small, mid size and Fortune 1000 companies. He is a former U.S. Navy Seabee and grandfather of five. For availability email or call us at 719-649-4118. Subscribe to our innovation and hypercompetition newsletter.    

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