From Legacy to New Wave to WOW! - Universitas...
Transcript of From Legacy to New Wave to WOW! - Universitas...
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Hermawan KartajayaFounder and CEO of MarkPlus, Inc.
Co-Founder of World Marketing CommunityOne of the “50 Gurus Who Have Shaped the Future
of Marketing” (CIM, UK 2003)
Strategic MarketingFrom Legacy to New Wave to WOW!
HERMAWAN KARTAJAYATwitter: @hermawank
About Hermawan Kartajaya’sInternational Books
Every year, we predict trends going forward and define the
recommended marketing practices in Indonesia
Our intellectual properties have been endorsed by
Philip Kotler and acknowledged by
international publishers
The latest international book, Marketing 3.0, published by John Wiley in the US in May
2010, is translated into 25 languages
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HERMAWAN KARTAJAYATwitter: @hermawank
About MarkPlus, Inc.MarkPlus Business Units And Services
Develop marketing and strategy solutions based on proven concepts and
methodologies
Capture marketing and social insights for crucial decision making
Offer world-class corporate and public training programs
Provide online and offline community-based media
activations
HERMAWAN KARTAJAYATwitter: @hermawank
Our Offices
Medan
Jakarta
Bandung
Semarang
Surabaya
Denpasar
MakassarPalembang
Pekanbaru
Banjarmasin
Manado
Padang
Solo
Yogyakarta
Balikpapan
Pontianak
Jayapura
Banda Aceh
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WHYThe Evolution
of Marketing
WHAT: HOW:
HERMAWAN KARTAJAYATwitter: @hermawank
The Evolving View of Marketing Practices
1980s
1960s
1990s
2010s
1950s1970s
2000s
Customer Relationship
The Four Ps
Experiential and Emotional Marketing
Internet Marketing
Product Lifecycle
MarketingMix
Brand Image
Targeting
Positioning
Service Marketing
Customer Equity
Brand Equity
Co-Creation
Valu
eTa
ctic
Stra
tegy
Marketing 3.0
Enjoyment
Engagement
Experience
Consultative Selling
Differentiation
Professional Selling Skills
SPIN Selling
AIDA
FAB
‘Strategic’ Selling
LAMPProduct Portfolio
Brand as Character
Market Segmentation
Direct Marketing
Community Marketing
Social Media Conversation
Collaborative Care
Commercialization
Permission Marketing
One-to-One Marketing
Concepts Influenced by Connectivity
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HERMAWAN KARTAJAYATwitter: @hermawank
Rethinking Marketing: Sustainable Market-ing Enterprise
HERMAWAN KARTAJAYATwitter: @hermawank
4C Diamond: A Model to Analyze Business Landscape
CUSTOMER
COMPANY
COMPETITOR
CHANGE
Pol-Leg
Technology
Economy
Market
Soc-Cul
TOWSExamination
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HERMAWAN KARTAJAYATwitter: @hermawank
STV-Triangle: Positioning-Differentiation-Brand Triangle
POSITIONING DIFFERENTIATION
BRAND
brand integrity
HERMAWAN KARTAJAYATwitter: @hermawank
STV Triangle: 9 Core Elements of Marketing
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HERMAWAN KARTAJAYATwitter: @hermawank
New Wave Marketing
HERMAWAN KARTAJAYATwitter: @hermawank
The Future of Power Shifts
The Age of Participation & Collaborative Marketing
The Age of Globalization Paradox & Cultural
Marketing
The Age of Creative Society & Spiritual Marketing
Economy
Technology
PoliticalLegal
SocialCulture
Market
From Exclusive to Inclusive
From Vertical to Horizontal
From Individual to Social
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HERMAWAN KARTAJAYATwitter: @hermawank
New Wave Marketing: From 4C to 5C
COMPETITOR CUSTOMER
COMPANY
4C
CHANGE
HERMAWAN KARTAJAYATwitter: @hermawank
New Wave Marketing: From PDB to TRIPLE-C
CLARIFICATIONOF PERSONA
POSITIONING
CODIFICATIONOF DNA
DIFFERENTIATION
CHARACTERWITH CHARISMA
BRAND
CONNECTEDCATALYSTCIVILIZED
brand ntegrity
WHAT IS YOUR COLOR?
WHAT IS YOUR AUTHENTICITY?
WHAT IS YOUR AURA?
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HERMAWAN KARTAJAYATwitter: @hermawank
New Wave Marketing: From 9 Core Elements to 12 Cs
LEGACY MARKETING
Segmentation
Targeting
Positioning
MARKETING MIX
Price
Promotion
Branding
Process
Differentiation
Product
Place
Selling
Service
NEW WAVE MARKETING
Communitization
Confirmation
Clarification
NEW-WAVE MARKETING MIX
Currency
Conversation
Character
Collaboration
Codification
Co-creation
Communal Activation
Commercialization
Care
HERMAWAN KARTAJAYATwitter: @hermawank
12 – C of New Wave Marketing
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WHY: WHATMarketing 3.0
HOW:
HERMAWAN KARTAJAYATwitter: @hermawank
Marketing 3.0From Products to Customers to the Human Spirit
The fifth international book co-authored
with Philip Kotler, Marketing 3.0,
published by John Wiley in the US in May
2010, available in 25 languages
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HERMAWAN KARTAJAYATwitter: @hermawank
Museum Marketing 3.0
HERMAWAN KARTAJAYATwitter: @hermawank
Comparison of Marketing 1.0, 2.0, and 3.0
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HERMAWAN KARTAJAYATwitter: @hermawank
Values-Based Matrix (VBM) Model
INDIVIDUAL
COMPANY
Mind Heart Spirit
Deliver
SATISFACTION
Realize
ASPIRATION
Practise
COMPASSION
Profit Ability Return Ability Sustain Ability
Be BETTER DIFFERENTIATEMake a
DIFFERENCE
MIS
SIO
N(W
hy)
VIS
ION
(What)
VA
LU
ES
(How)
HERMAWAN KARTAJAYATwitter: @hermawank
Ten Credos of Marketing 3.0
Credo #1: Love Your Customers, Respect Your Competitors
Credo #2: Be Sensitive to Change, Be Ready to Transform
Credo #3: Guard Your Name, Be Clear of Who You Are
Credo #4: Customers are Diverse; Go First to Who Can Benefit the Most from You.
Credo #5: Always Offer a Good Package at a Fair Price
Credo #6: Always Make Yourself Available, Spread the Good News
Credo #7: Get Your Customers, Keep and Grow Them
Credo #8: Whatever Your Business, It is a Service Business
Credo #9: Always Refine Your Business Process, In Terms of Quality, Cost and
Delivery
Credo #10: Gather Relevant Information, But Use Wisdom in Making Your Final
Decision
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WHY: WHAT:HOW
WOW
Marketing
HERMAWAN KARTAJAYATwitter: @hermawank
Redefining Brand Loyalty in a Connected World
Philip Kotler
Hermawan Kartajaya
Iwan Setiawan
INTERNATIONAL EDITION COMING SOON!
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HERMAWAN KARTAJAYATwitter: @hermawank
Competitiveness Level of Brands
L E V E L 1
ENJOYMENT OK
L E V E L 2
EXPERIENCEAHA
LE V E L 3
ENGAGEMENT
HERMAWAN KARTAJAYATwitter: @hermawank
Customer Path: From Individual to Social
Attitude Act Act AgainAware AdvocateAppeal Ask
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HERMAWAN KARTAJAYATwitter: @hermawank
Introducing New Brand Metrics
PARPurchase Action Ratio
BARBrand Advocacy Ratio
HERMAWAN KARTAJAYATwitter: @hermawank
The Purchase Action Ratio (PAR)
Aware
ActPAR =
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HERMAWAN KARTAJAYATwitter: @hermawank
What PAR really means
Aware ActAppeal Ask Advocate
PAR = 0.5
Brand
Awareness*
+1%
Market
Share
+0.5%
HERMAWAN KARTAJAYATwitter: @hermawank
The Brand Advocacy Ratio (BAR)
Aware
AdvocateBAR =
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HERMAWAN KARTAJAYATwitter: @hermawank
What BAR really means
Aware
Appeal Ask
Appeal
Act
Ask
Advocate
Act
X X XBAR =
HERMAWAN KARTAJAYATwitter: @hermawank
Conversion #1: Creating ATTRACTION
Aware
Appeal Ask
Appeal
Act
Ask
Advocate
Act
X X XLoyalty
(BAR)=
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HERMAWAN KARTAJAYATwitter: @hermawank
Conversion #2: Creating CURIOSITY
Aware
Appeal Ask
Appeal
Act
Ask
Advocate
Act
X X XLoyalty
(BAR)=
HERMAWAN KARTAJAYATwitter: @hermawank
Conversion #3: Creating COMMITMENT
Aware
Appeal Ask
Appeal
Act
Ask
Advocate
Act
X X XLoyalty
(BAR)=
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HERMAWAN KARTAJAYATwitter: @hermawank
Conversion #4: Creating AFFINITY
Aware
Appeal Ask
Appeal
Advocate
Act
X X XLoyalty
(BAR)=
Act
Ask
HERMAWAN KARTAJAYATwitter: @hermawank
The Ideal Customer Path: Bow Tie
Aware ActAppeal Ask Advocate
Attraction Curiosity AffinityCommitment
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HERMAWAN KARTAJAYATwitter: @hermawank
Integrating Legacy & New Wave
AWARE APPEAL ASK ACT ADVOCATEA1 A2 A3 A4 A5
LEVEL 3
ENGAGEMENT
LEVEL 2
EXPERIENCE
LEVEL 1
ENJOYMENT
E3
E2
E1
LEGACY MARKETING
Conventional marketing approach:
• Strategic Segmentation & Targeting
• Brand Positioning & Differentiation
• Tactical Marketing Mix (Product,
Price, Place, Promotion) & Selling
Approach
• Value-Creating Services & Processes
NEW WAVE MARKETING
Connected marketing approach:
• Confirmation to Customer Community
• Clarification of Brand Character and
Codification
• Connected Marketing Mix (Co-Creation,
Currency, Communal Activation,
Conversation) & its Commercialization
• Customer Care and Collaboration
More New Wave Marketing As Brand Intervenes Further Across Customer Path
Mo
re N
ew
Wa
ve
Ma
rke
tin
g A
s B
ran
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