From Good to Great: Branding as a Business Strategy...From Good to Great: Branding as a Business...

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From Good to Great: Branding as a Business Strategy Singing a different tune in cannabis retail March 26, 2019

Transcript of From Good to Great: Branding as a Business Strategy...From Good to Great: Branding as a Business...

Page 1: From Good to Great: Branding as a Business Strategy...From Good to Great: Branding as a Business Strategy Singing a different tune in cannabis retail March 26, 2019 Westleaf is proudly

From Good to Great: Branding as a Business Strategy

Singing a different tune in cannabis retailMarch 26, 2019

Page 2: From Good to Great: Branding as a Business Strategy...From Good to Great: Branding as a Business Strategy Singing a different tune in cannabis retail March 26, 2019 Westleaf is proudly

Westleaf is proudly Canadian and a truly

vertically integrated cannabis company, with

assets owned and under development across

cultivation, extraction, processing,

manufacturing, and wholly owned retail.

Prairie Records celebrates the tie between

recreational cannabis and music through an

immersive in-store experience while providing

safe and high-quality cannabis products in

premium locations.

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THE INDUSTRY CHALLENGE

PRICING DISTRIBUTION TESTIMONIALS/ENDORSEMENTS

PRODUCT BRANDING

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THE CANADIAN CANNABIS LANDSCAPE

CULTIVATING STRONG BRAND AFFINITY

ASPIRATIONALSTORYTELLING

DIFFERENTIATED OFFERING

BEAUTIFYING / REDEFINING THE

CUSTOMER EXPERIENCE

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OPPORTUNITIES TO COMPETE

REGIONALRITUAL

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THE PRAIRIE RECORDS STORY

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KEY BRAND ELEMENTS

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1.REDEFINING RETAIL

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BRAND ELEMENTS

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IN-STORE DESIGN

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PRODUCT PACKAGING

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PRODUCT PACKAGING

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IN-STORE EXPERIENCE

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LOCATIONS

BANFF

Located in the Heart of Banff’s Tourism and Entertainment District

Nearly 30,000 Average Daily Visitors In Addition to Permanent Residents

Internationally Recognized Tourist Destination

PALACE THEATREBROADWAY

One of the Most Central Locations in Saskatoon

Premium Location in One of the Most Walkable Areas in Saskatoon

(91 Walk Score)

Oligopolistic market structure with only 7 cannabis stores in Saskatoon

140,000+ Downtown Workers

Next Door to High Traffic Concert Venue

Most Central Downtown Location in Calgary

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REGIONAL EXAMPLE: TOFINO

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2.CHANGING CONSUMER PERCEPTIONS WITH BREAKTHROUGH CONTENT

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WHAT WE’RE USED TO SEEING

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WHAT WE’RE SHOWCASING

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ONLINE PILLARS

CURATING EXCLUSIVE CONTENT

MUSIC EDITORIALShowcasing people either listening or playing music

LIFESTYLE EDITORIALShowcasing people using the Prairie Records product

RETAIL SPACEShots of the Prairie Records store and shop atmosphere

PRODUCTDetail shots of the products available at Prairie Records

QUOTEAll-text posts sharing information about the brand, industry, and product offerings

INSPIRATIONRe-posting inspirational content, relative to the above mentioned content pillars

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SOCIAL CONTENT

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WHAT WE’RE HEARING & SEEING

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3.BRAND STORYTELLING

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LIFESTYLE STORYTELLING

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CORPORATE STORYTELLING

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THOUGHT LEADERSHIP

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KEY LEARNINGS

1. Foster community & encourage discovery

2. Create a ritual consumers want to be a part of

3. Leverage the power of storytelling

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THANK YOU!