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eileen schuch | @eileenschuch Harnessing the power of social eMBA - Management of Technology HEC, 29th March 2014

Harnessing the power of Social

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eMBA - Management of Technology, HEC, 29th March 2014 Keynote on Social Media and how we use it at coolbrandz. Key insight: for great things to happen online, people need awesome experiences offline. If it's WoW, WoM will spread.

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Page 1: Harnessing the power of Social

eileen schuch | @eileenschuch

Harnessing the power of social

eMBA - Management of TechnologyHEC, 29th March 2014

Page 2: Harnessing the power of Social

Your speaker

•Linguistic sciences (semantics, pragmatics)

•Corporate communications, brand management

•Business development, strategic marketing

•Specialized in digital marketing and SoMeMgmt

•Entrepreneur (social, tech startup)

I believe in the power of word of mouth!

www.coolbrandz.com

Eileen Schuch

E: [email protected]

M: +41 76 322 23 03

T: @eileenschuch

Page 3: Harnessing the power of Social

What is coolbrandz?

Find it. Try it. Share it. Buy it. Love it.

Attention Contacts Insights Sales Ambassadors

Loyalty

Promotion

Communicatio

n

Ads/PR

Tryvertising

WoM

Storytelling

tools

Seeding

Shop

• Business accelerator for products in the launch phase

• Content aggregator for brand related, user generated content

• Community builder and activator

Attention:•Media•Agency•CRM•Community•E-Commerce

Page 4: Harnessing the power of Social

What’s with the cool?

Cool is very subjective

•Sound, sight, taste, haptics•Tradition, innovation •Behavior, rituals

brand’s

voice

coolbrander’s

voice

geekmum

foodie

fashionistanpa

Expertise & Getting it right:

the right product, to the right person, at the right time, in the right place…

We talk about

•Food•Fashion•Technology•Beauty•People •Events •Ideas

You try it, you make it cool!

•Real product experience•Storytelling tools•Social proof

activist

Page 5: Harnessing the power of Social

CH: complex, fragmented market

•26 cantons, 4 national languages

•41,285 km2, 8 Mio inhabitants

•1 Röstigraben, 1 Gotthard

Confoederatio Helvetica: in numbers

Il a dit quoi?

Non sentire

nulla.I weiss

nüt!

I’m a fabulous

chocolate brand!

Page 6: Harnessing the power of Social

Evolution of communication

2003Conversational marketing

2000Mass media, technology

1950Experiences, conversations

Experiential marketing

2006

New media, PR

2009

Social Media Boom

2011

Mobile

2012

WoMM

Page 7: Harnessing the power of Social

Engagement marketing: fosters loyalty

Marketing

expérientiel

Marketing

sensoriel

Allow consumers to shape, to contribute to what they experience.

expérienceMarketing

expérientiel

Marketing

sensoriel expérienceMarketing

expérientiel

Marketing

sensoriel experienceExperiential

marketing

Sensory

marketing

2D > 5D branding

Page 8: Harnessing the power of Social

Experiences get people talking

WoM

Client = Media

WoW

Product = Best WoM

tool

PartageStory

•Create remarkable product experiences

•Allow for offline, real life touchpoints

•Touch emotions and engage

•Integrate buzz directly in the product

Page 9: Harnessing the power of Social

WoM: most efficient marketing

92% of consumers trust recommendations from friends and family more

than any other form of advertising.

74% in 2009

90% Offline (face to face,

telephone)10% Online (blogs, forums, social

media)

Brand related

conversations

Page 10: Harnessing the power of Social

Online conversations

•Reviews

•Testimonials

•Ratings

•Evaluations

•Videos

Impact purchase decisions even before we go to the POS

Page 11: Harnessing the power of Social

Summary: offline, online

• For things to happen online, things have to happen offline.

• Brands can impact on how consumers experience their products.

• Social media help to connect, listen, amplify messages and measure impact.

Facebook & Co. tip of the iceberg

Followers are cool, advocates are better.

Brands need love, not likes.

Know thy community. Build real relationships.

Page 12: Harnessing the power of Social

Case 1: Somersby

Page 13: Harnessing the power of Social

Fun Lab: the co-creation space

•Creation of a pop-up community

•Coolbrandz community activation

•500 Swiss influencers migrated

•Brainstorming of launch campaign

co-creation

Page 14: Harnessing the power of Social

Fun Lab 1: unlocking the crowd

•Tools

•Processes

•Communication

•Recruitment•Attitudes

•Behaviours

•Territory

•CRM

•Exciting influencers

•Pulling them in

•Open-mindedness

•Socialising, apero

•Strategic decisions

•Launch plan

•Marketing material

•Brand unrevealed

•Category unknown

•Notoriety, attention

Social

status

Page 15: Harnessing the power of Social

Fun Lab 2: harnessing social

•Marketing material submitted

•Launch ideas brainstormed

•Food associations asked for

•Social media plan introduced

•Contextual settings confirmed

•Storytelling elements refined

•WoM accelerators identified

•WoM Kit composed

•Strategic partnerships

•Production plan

•Early adopter programme

•Brand revealed

•Category revealed

•Image, desire

Love

brand

Page 16: Harnessing the power of Social

Fun Lab 3: community activation

•2’500 Swiss consumers get to try the drink

•Their mission: have fun and give feedback

•24 bottles each for free >> organise apero

Funlab first

P2P

Invite

Community

Page 17: Harnessing the power of Social

WoM community building

•Own community

•Carlsberg community

•Bloggers

•SMEs

2’500 Swiss consumers

60’000 bottles to distributeInvitation

Selection

Page 18: Harnessing the power of Social

Product trial: personal stories

• Release of first products

• Mission and material

• Triggers and timing

Identification Branding Context “Gamification” Multisensory

Product experience

Page 19: Harnessing the power of Social

Social proof: online stories

Somersby!!! Just a good party with friends!

“Apéro entre amis. #tellement #trop #bon #apéro #avec #des

#amis #et #somersbyswitzerland”

#somersbyswitzerland nach der Arbeit mit dem

Arbeitskolleg... Lecker 👍😁 #afterwork

Page 20: Harnessing the power of Social

Community growth: office apero

• Release of second wave

• SME benefitting from visibility

Page 21: Harnessing the power of Social

Pop-in pick-up events: tasting

• Release of third wave

• Bars benefitting from visibility

• Own network and bar’s clients

Page 23: Harnessing the power of Social

Private events: art, design, sport

• Art galleries, blogger parties

• Partner’s events

• Student gatherings

Page 25: Harnessing the power of Social

Online content: blogger stories

Page 26: Harnessing the power of Social

Case 2: Kérastase Styling

115 products = real life

experience

Launch of new product

category

•15 bloggers, 100 consumers

Online audience ~1’500’000 Swiss consumers,

~200’000 engaged online in brand related

interactions.

~80’000 views (interview,

tutorials)

Page 27: Harnessing the power of Social

Case 3: Nestlé Cereals

1’000 WoM kits (different varieties)

Change in recipe:

less sugar, more

wholegrain

Via coolbranders’ own personal networks alone:

Audience ~157’000 Swiss consumers, ~20’000

brand related interactions generated by people with

real life product experience.

~60’000 views (campaign teaser)

•1’000 consumers, focus, D-CH, women

Page 28: Harnessing the power of Social

Summary: social branding

• A brand is no longer what it says it is. It consists of all the conversations about it.

• Peer to peer interactions accelerate and foster brand building.

• Social media are an important vector in amplifying brand related communications.

Anticipate P2P messages

Provide territory and tools

Drive the conversation

Provide products and experiences that add value to people’s lives.

Page 29: Harnessing the power of Social

www.coolbrandz.com

Merci de votre attention. Vous êtes cool!