Showing posts with label akel ventures. Show all posts
Showing posts with label akel ventures. Show all posts

Monday, January 25, 2010

Eco-Something is Better Than Nothing




If you take the long view, social responsibility and sustainability are an imperative for all our future economic activity. The truth about the alternative is becoming increasingly evident and incredibly alarming. In the short term however, the reality is that most consumer product companies are unable to immediately make the changes necessary to fully transition into new and better practices. They either don’t know what to do or the logistical and cost implications are prohibitive. Workable, affordable solutions for sustainable sourcing, manufacturing, packaging and so on are still largely a work in progress, as are the services that would support businesses in making the transition.
Most companies understand the importance of change but face obstacles in execution. This is inevitable and will be resolved over time. The problem is that an eco-elitist atmosphere around the issue of change creates an all or nothing reward system that recognizes grandiose gestures but ignores the slower, more incremental reform that is the only realistic option for most companies. This may seem like a pretty small complaint in the overall landscape of eco-reform but I think the implications are pretty huge.
Many companies are understandably intimidated by reform in the absence of sustainable alternatives that fit their cost and revenue requirements. The danger here is that rather than think about what they can do, they focus on what they can’t and decide that this revolution is not for them. They do nothing rather than coming up with the something that they can manage today. Even worse, they fail to embrace the corporate mindset that commits them to change moving forward. That’s a terrible waste of the low hanging fruit of sustainability that most businesses could and would do if they were rewarded for it.
Another outcome of not recognizing and rewarding incremental change is green-washing. Social responsibility and sustainability are amongst the most powerful brand attributes a consumer product can carry in today’s marketplace. Setting the bar to high for access to this kind of brand equity is a mistake because it makes misleading marketing more beneficial than meaningful change. If companies knew that their brands could benefit from a reasonable, good faith effort to get on board with a slower but steady transition to sustainability then it is likely that they would do more to change. This is what I call “Eco-Something”. It may not seem like much but it’s better than nothing and all business should be rewarded for taking this first step towards sustainability.
This is the thinking behind Good Citizen Brands. The basic premise is that in every business there are, be they large or small, opportunities to reform. By taking advantage of those opportunities and committing to greater awareness and an ongoing process of transition into sustainability, a company should be able to distinguish itself as a Good Citizen Brand with the associated brand equity and competitive advantage. Do what you can today and keep changing until you get there. If this seems like setting the bar too low, think back to your first consciously green purchase. It probably coincided with you redefining yourself as green but, just as probably, didn’t catapult you into an entirely transformed and sustainable lifestyle. If eco-reform is going to be more than a marketing narrative between businesses and consumers then business must be judged, labeled and rewarded for incremental change in the same way that consumers are. Those market forces will provide a greater impetus for change than even the scariest of inconvenient truths.

Monday, October 12, 2009

Dog is the Ultimate Brand


So I have a really cute dog. Her name is Rosie. I am not one of those fawning dog owners who thinks they have the best dog in the world but this dog is really something. People literally flip over the way this dog looks. Little kids shriek when they see her because she looks like a cuddly toy and she has these freckles on her nose and patterns that make her look like she is smiling all the time. Then there is the perky strut and the fluffy tail and it's just more than most people can handle. In good old British tradition she is also very well trained and rarely on a leash. She strolls along by my side or a few feet ahead and gives out a strong air of knowing exactly where she is headed and why. You can see the whites of her eyes when she looks around which gives her a whole range of humanesque facial expressions and make her appear super smart and responsive. She is pretty smart but lets not forget that she is a dog.

So it occurs to me that Rosie elicits the exact response that I spend my time trying to inspire in the potential customers of my clients consumer products.

  • People are drawn to her on sight - Brand attraction
  • Ooh and aah over her and want to touch her - Consumer engagement
  • Talk about her to me and then to their friends - Word of mouth marketing
  • Inquire about her breed (main brand attribute) - Brand identification
  • Want to take her home - Consumer capitulation
  • ...and, in place of doing so, go home and become a fan on her facebook page (Rosie Posey) - Brand loyalty creates brand community or tribe. Social media, viral marketing, hyper growth...

You get the picture.

Should I ever be feeling lonesome we just "trail up" and the the whole world welcomes us with happy smiles and endless opportunities to engage and connect. Pretty powerful stuff in the land of the brand. My only fear is that she will get swiped by some unscrupulous low-life who recognizes her huge brand potential and wants it for themselves. I have had her chipped and tagged and am looking into trademarking.

So what can be learned here? Can we take the Rosie Posey brand magic and attach it to other stuff? I don't know but check it out...

1. The Wag Factor - Rosie is an Interactive Brand. When somebody says hi to Rosie - she wags her tail. She does this every time. She is really great at acknowledging the positive attention that she receives and always has a positive response. Companies can do this using interactive media so a proverbial pat on the head by a customer is rightfully rewarded by a good wag. Interaction is a key so brands have to be able to respond.



2. You Name It - Rosie is a Custom Brand. A mutt. I have no idea what she is exactly but everybody seems to have an idea about it. This is how it goes.

Them - What kind of dog is that?
Me - I don't know
Them - Oh... she is an Ossie Shepard crossed with an Akita
or - she is a Healer crossed with a Chow
or - she is a dingo or a fox crossed with a dog and where did you find her...
Me - Yea..OK!.. Cool!

She is something different to everyone who meets her based on their experience of her and in context with their own preferences or ideas. If I was more prescriptive or rigid about how she should be defined, people would not get the sense of ownership that identifying and naming her gives them. I think that is really interesting and can be replicated in other brands.



3. I Like What You Like - Rosie is an Lifestyle Brand and illicits emotional engagement. She reflects and amplifies the values, preferences attributes that people project towards her. If your happy to see her then she is super happy to see you. If you like to run she will race around with you all day. She is interested in everything that you have to say and she shares all your interests. It's easy to get attached to something that positively affirms your choices. You have SO much in common and how can you not love that?



Just some thoughts and a fun exercise. Try taking a look at your dog... or your pet or your kid and figuring out what makes them the perfect brand.