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18/04/2016
Strategic Marketing
From Legacy to New Wave to WOW!
Hermawan Kartajaya Founder and CEO of MarkPlus, Inc. Co-Founder of World Marketing Community One of the “50 Gurus Who Have Shaped the Future of Marketing” (CIM, UK 2003)
About Hermawan Kartajaya’s International Books
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
Every year, we predict trends going forward and define the recommended marketing practices in Indonesia
Twitter: @hermawank
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18/04/2016
About MarkPlus, Inc. MarkPlus Business Units And Services Develop marketing and strategy solutions based on proven concepts and methodologies
Offer world-class corporate and public training programs
Capture marketing and social insights for crucial decision making
Provide online and offline community-based media activations
Twitter: @hermawank
HERMAWAN KARTAJAYA
Our Offices
Banda Aceh
Medan
Manado Pontianak
Pekanbaru
Balikpapan Jayapura
Padang
Banjarmasin
Palembang Makassar Jakarta Bandung
Semarang Solo
Surabaya
Yogyakarta Denpasar
Twitter: @hermawank
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WHY
WHAT:
The Evolution of Marketing
HOW:
The Evolving View of Marketing Practices 2000s 1980s 1950s
1960s
Strategy
Market Segmentation
Concepts Influenced by Connectivity
1970s
Targeting
Customer Equity
Positioning
Community Marketing
Marketing 3.0
Permission Marketing Marketing Mix
Tactic
2010s
1990s
The Four Ps
Product Portfolio
Differentiation
Product Lifecycle
FAB
SPIN Selling
Direct Marketing
AIDA
Professional Selling Skills
Consultative Selling
‘Strategic’ Selling
Service Marketing
Customer Relationship
Value
Brand Image
LAMP
Co-Creation Social Media Conversation Commercialization
Experiential and Emotional Marketing
Brand Equity
Internet Marketing
Brand as Character
One-to-One Marketing
Collaborative Care
Engagement Experience Enjoyment
Twitter: @hermawank
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Rethinking Marketing: Sustainable Market-ing Enterprise
Twitter: @hermawank
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4C Diamond: A Model to Analyze Business Landscape CHANGE Technology
Pol-Leg
Economy
Soc-Cul
Market
COMPETITOR
TOWS
CUSTOMER
Examination
COMPANY
Twitter: @hermawank
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STV-Triangle: Positioning-Differentiation-Brand Triangle
i
brand ntegrity
POSITIONING
DIFFERENTIATION
BRAND
Twitter: @hermawank
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STV Triangle: 9 Core Elements of Marketing
Twitter: @hermawank
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New Wave Marketing
Twitter: @hermawank
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The Future of Power Shifts
Technology
Political Legal
Economy
Market
Social Culture
The Age of Participation & Collaborative Marketing
From Vertical to Horizontal
The Age of Globalization Paradox & Cultural Marketing
From Exclusive to Inclusive
The Age of Creative Society & Spiritual Marketing
From Individual to Social
Twitter: @hermawank
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New Wave Marketing: From 4C to 5C
CHANGE
COMPETITOR
4C
CUSTOMER
COMPANY
Twitter: @hermawank
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New Wave Marketing: From PDB to TRIPLE-C brand ntegrity CLARIFICATION
CODIFICATION
OF PERSONA
OF DNA
POSITIONING
WHAT IS YOUR COLOR?
DIFFERENTIATION
CONNECTED CATALYST CIVILIZED
WHAT IS YOUR AUTHENTICITY?
CHARACTER WITH CHARISMA BRAND
WHAT IS YOUR AURA? Twitter: @hermawank
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New Wave Marketing: From 9 Core Elements to 12 Cs LEGACY MARKETING
NEW WAVE MARKETING
Segmentation
Communitization
Targeting
Confirmation
Positioning
Clarification
Differentiation
Codification
MARKETING MIX
NEW-WAVE MARKETING MIX
Product
Co-creation
Price
Currency
Place
Communal Activation
Promotion
Conversation
Selling
Commercialization
Branding
Character
Service
Care
Process
Collaboration
Twitter: @hermawank
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12 – C of New Wave Marketing
Twitter: @hermawank
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WHY:
WHAT
Marketing 3.0
HOW:
Marketing 3.0 From 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 Twitter: @hermawank
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Museum Marketing 3.0
Twitter: @hermawank
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Comparison of Marketing 1.0, 2.0, and 3.0
Twitter: @hermawank
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Values-Based Matrix (VBM) Model COMPANY
INDIVIDUAL
Sustain Ability
DIFFERENTIATE
Make a DIFFERENCE
(Why)
Return Ability
MISSION
Practise COMPASSION
(What)
Realize ASPIRATION
Deliver SATISFACTION
VISION
Spirit
Profit Ability
(How)
Heart
VALUES
Mind
Be BETTER
Twitter: @hermawank
HERMAWAN KARTAJAYA
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
Twitter: @hermawank
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WHY:
HOW
WHAT:
WOW Marketing
INTERNATIONAL EDITION COMING SOON!
Redefining Brand Loyalty in a Connected World Philip Kotler Hermawan Kartajaya Iwan Setiawan Twitter: @hermawank
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Competitiveness Level of Brands LEVEL 3
ENGA GEMENT
AHA
LEVEL 2
EXPERI ENCE LEVEL 1
OK
ENJOYMENT
Twitter: @hermawank
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Customer Path: From Individual to Social
Aware
Appeal AttitudeAsk
Act
Twitter: @hermawank
Advocate Act Again
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Introducing New Brand Metrics
PAR
BAR
Purchase Action Ratio
Brand Advocacy Ratio
Twitter: @hermawank
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The Purchase Action Ratio (PAR)
PAR =
Act
Aware
Twitter: @hermawank
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What PAR really means PAR = 0.5
Aware
Appeal
Ask
Brand Awareness* +1%
Act
Advocate
Market Share +0.5% Twitter: @hermawank
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The Brand Advocacy Ratio (BAR)
BAR =
Advocate
Aware Twitter: @hermawank
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What BAR really means
BAR =
Appeal
Ask
X
Aware
Act
X
Appeal
X
Advocate
Ask
Twitter: @hermawank
Act
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Conversion #1: Creating ATTRACTION
Loyalty = (BAR)
Appeal
Aware
X
Ask
X
Appeal
Twitter: @hermawank
Act
Ask
X
Advocate
Act
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Conversion #2: Creating CURIOSITY
Loyalty = (BAR)
Appeal
X
Aware
Ask
X
Appeal
Act
X
Ask
Twitter: @hermawank
Advocate
Act
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Conversion #3: Creating COMMITMENT
Loyalty = (BAR)
Appeal
Aware
X
Ask
X
Appeal
Twitter: @hermawank
Act Ask
X
Advocate
Act
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Conversion #4: Creating AFFINITY
Loyalty = (BAR)
Appeal
Ask
X
Aware
Act
X
Appeal
X
Advocate
Ask
Twitter: @hermawank
Act
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The Ideal Customer Path: Bow Tie
Aware
Attraction
Appeal
Ask
Curiosity
Act
Commitment
Twitter: @hermawank
Advocate
Affinity
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Integrating Legacy & New Wave
More New Wave Marketing As Brand Steps Up Competitiveness
E3
NEW WAVE MARKETING
LEVEL 3 ENGAGEMENT
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
E2 LEVEL 2 EXPERIENCE
LEGACY MARKETING Conventional marketing approach: • Strategic Segmentation & Targeting • Brand Positioning & Differentiation • Tactical Marketing Mix (Product, Price, Place, Promotion) & Selling Approach • Value-Creating Services & Processes
E1 LEVEL 1 ENJOYMENT A1
AWARE
A2
APPEAL
A3
ASK
A4
ACT
A5
ADVOCATE
More New Wave Marketing As Brand Intervenes Further Across Customer Path
Twitter: @hermawank
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