BMP2 Handout Part1 BW
BMP2 Handout Part1 BW
PORTFOLIO BRAND
STRATEGY CAMPAIGN 1 MARKETING
BRAND J2BD
REVIEW ACTIVITY
& BRAND KPI
BRAND PRIORITISED CALENDAR
BRAND
POSITIONING SOURCE OF
STRATEGY REVIEW GROWTH CAMPAIGN 2
BRAND PRIORITISED
STRATEGY ISSUES & TRADE
OPPORTUNITIES CHANNEL CAMPAIGN 1 TRADE
REVIEW
J2BD & ACTIVITY
MARKET AUDIT CHANNEL KPI TRADE CALENDAR
CAMPAIGN 2
BRAND AUDIT
Review last-year Prioritize brand Issues to 3-5 brand jobs to do Major Brand Campaigns List of detailed Brand
strategies vs brand be fixed, great market this year & KPI to this year to achieve KPI Activities for the whole
performance to identify Opportunities to capture, measure, connecting of key Jobs, connected to team to execute & keep
the gaps (Issues). Also in line with major brand with Trade Marketing Trade Campaigns track with timeline &
discover major market & Source of Growth jobs & its KPI budget, connected to
consumer trend that accordingly Trade Activities
offer business growth
(Opportunities)
SOURCE OF GROWTH
Sometimes, we wonder why brands do this or that...
Open new store New brand launch New product line extension
From online to offline sales channel Customized promotion Open flagship store
Back to the nature of brand activities, they try to influence certain consumer groups to change
current behaviors towards the brand (buying behavior)
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STEP 5: Generate Brand Job-To-Be-Done Get WHO do WHAT by which Brand 6P / 7P lever
2. PRODUCT
PORTFOLIO Diversify product variants, SKUs to 7. PLACE Increase convenience by expanding
Product lines, variants, meet various needs of consumers Location & coverage distribution
formats, SKUs
3. PRODUCT
8. CUSTOMER
CONCEPT Beautify product outlook to trigger EXPERIENCE Increase satisfaction by in-store
Product name, needs & win shopper purchase The experiential customer service
features, benefits, behavior brand process
claims, RTB
4. PRODUCT 9.
COMMUNICATION Convey brand message & image by
PERFORMANCE Improve product quality, make it
The brand message communication to trigger need &
Product attributes, better than competitor
to consumers feeling-to-purchase will
product quality
5. PACKAGING
10. CONSUMER Encourage purchase by consumer
The packaging Beautify product packaging to win
PROMOTION promotion
shoppers see & shopper purchase behavior
Promotion offerings
consumers use
Innovation-led growth Non Innovation-led growth
vs
• Strong factor to drive more money (reach new • Refresh the brand to serve consumer groups
consumer groups, current spend more, or fix current issues to convert lapsers. It can
upgrade) also reach new consumer groups sometimes
• Involve highly strategic decision making • Mostly involve less strategic decision making
• Time-consuming, costly & high risk • Less time-consuming & costly in preparation
management in preparation process process
2. PRODUCT 3. PRODUCT 9.
1. BRAND 4. PRODUCT 5. PACKAGING 8. CUSTOMER
PORTFOLIO CONCEPT 6. PRICE 7. PLACE COMMUNICATION 10. CONSUMER
POSITIONING PERFORMANCE The packaging EXPERIENCE
Product lines, Product name, Promotion & Location The brand PROMOTION
The brand image, Product attributes, shoppers see & The experiential
variants, formats, features, benefits, increased price & coverage message to Promotion offerings
character, promise product quality consumers use brand process
SKUs claims, RTB consumers
Innovation-led Growth Examples: JUNO
2. PRODUCT 3. PRODUCT 9.
1. BRAND 4. PRODUCT 5. PACKAGING 8. CUSTOMER
PORTFOLIO CONCEPT 6. PRICE 7. PLACE COMMUNICATION 10. CONSUMER
POSITIONING PERFORMANCE The packaging EXPERIENCE
Product lines, Product name, Promotion & Location The brand PROMOTION
The brand image, Product attributes, shoppers see & The experiential
variants, formats, features, benefits, increased price & coverage message to Promotion offerings
character, promise product quality consumers use brand process
SKUs claims, RTB consumers
Innovation-led Growth Examples: GRAB
STEP 3: Define what expected buying • Trial Grab Food 1st time
behavior • Use Grab Food as often as 5 times/ month
2. PRODUCT 3. PRODUCT 9.
1. BRAND 4. PRODUCT 5. PACKAGING 8. CUSTOMER
PORTFOLIO CONCEPT 6. PRICE 7. PLACE COMMUNICATION 10. CONSUMER
POSITIONING PERFORMANCE The packaging EXPERIENCE
Product lines, Product name, Promotion & Location The brand PROMOTION
The brand image, Product attributes, shoppers see & The experiential
variants, formats, features, benefits, increased price & coverage message to Promotion offerings
character, promise product quality consumers use brand process
SKUs claims, RTB consumers
Innovation-led Growth Examples: OPPO
• Aware new Oppo phone suiting their style & Selfie need
STEP 2: Define what expected attitude • Feel excited about superior “camera technology” attribute &
its great style
STEP 3: Define what expected buying • Ask parents to buy Oppo Reno 10x Zoom Edition as a reward
behavior
2. PRODUCT 3. PRODUCT 9.
1. BRAND 4. PRODUCT 5. PACKAGING 8. CUSTOMER
PORTFOLIO CONCEPT 6. PRICE 7. PLACE COMMUNICATION 10. CONSUMER
POSITIONING PERFORMANCE The packaging EXPERIENCE
Product lines, Product name, Promotion & Location The brand PROMOTION
The brand image, Product attributes, shoppers see & The experiential
variants, formats, features, benefits, increased price & coverage message to Promotion offerings
character, promise product quality consumers use brand process
SKUs claims, RTB consumers
Innovation-led Growth Examples: THE COFFEE HOUSE
2. PRODUCT 3. PRODUCT 9.
1. BRAND 4. PRODUCT 5. PACKAGING 8. CUSTOMER
PORTFOLIO CONCEPT 6. PRICE 7. PLACE COMMUNICATION 10. CONSUMER
POSITIONING PERFORMANCE The packaging EXPERIENCE
Product lines, Product name, Promotion & Location The brand PROMOTION
The brand image, Product attributes, shoppers see & The experiential
variants, formats, features, benefits, increased price & coverage message to Promotion offerings
character, promise product quality consumers use brand process
SKUs claims, RTB consumers
Exercise
2. PRODUCT 3. PRODUCT 9.
1. BRAND 4. PRODUCT 5. PACKAGING 8. CUSTOMER
PORTFOLIO CONCEPT 6. PRICE 7. PLACE COMMUNICATION 10. CONSUMER
POSITIONING PERFORMANCE The packaging EXPERIENCE
Product lines, Product name, Promotion & Location The brand PROMOTION
The brand image, Product attributes, shoppers see & The experiential
variants, formats, features, benefits, increased price & coverage message to Promotion offerings
character, promise product quality consumers use brand process
SKUs claims, RTB consumers
Non Innovation-led Growth Examples: MOMO
STEP 2: Define what expected attitude • Aware & feel excited about the consumer promotion
2. PRODUCT 3. PRODUCT 9.
1. BRAND 4. PRODUCT 5. PACKAGING 8. CUSTOMER
PORTFOLIO CONCEPT 6. PRICE 7. PLACE COMMUNICATION 10. CONSUMER
POSITIONING PERFORMANCE The packaging EXPERIENCE
Product lines, Product name, Promotion & Location The brand PROMOTION
The brand image, Product attributes, shoppers see & The experiential
variants, formats, features, benefits, increased price & coverage message to Promotion offerings
character, promise product quality consumers use brand process
SKUs claims, RTB consumers
Non Innovation-led Growth Examples: Johnson's baby
STEP 3: Define what expected buying • Buy for daily make-up removal purpose
behavior
2. PRODUCT 3. PRODUCT 9.
1. BRAND 4. PRODUCT 5. PACKAGING 8. CUSTOMER
PORTFOLIO CONCEPT 6. PRICE 7. PLACE COMMUNICATION 10. CONSUMER
POSITIONING PERFORMANCE The packaging EXPERIENCE
Product lines, Product name, Promotion & Location The brand PROMOTION
The brand image, Product attributes, shoppers see & The experiential
variants, formats, features, benefits, increased price & coverage message to Promotion offerings
character, promise product quality consumers use brand process
SKUs claims, RTB consumers
Non Innovation-led Growth Examples: Couple TX
2. PRODUCT 3. PRODUCT 9.
1. BRAND 4. PRODUCT 5. PACKAGING 8. CUSTOMER
PORTFOLIO CONCEPT 6. PRICE 7. PLACE COMMUNICATION 10. CONSUMER
POSITIONING PERFORMANCE The packaging EXPERIENCE
Product lines, Product name, Promotion & Location The brand PROMOTION
The brand image, Product attributes, shoppers see & The experiential
variants, formats, features, benefits, increased price & coverage message to Promotion offerings
character, promise product quality consumers use brand process
SKUs claims, RTB consumers
Exercise
1 How's the big category going on? The whole category keeps growing & consumers spend more
Its growth slows down!
2 How's my focused category/segment going on?
More & more lapsers to smart formal & casual segments
Most competitors are performing well across pricing segments
3 How are competitors doing?
We're losing share!
Our key consumer group's upgrading to An Phuoc & Pierre
4 Who are consumer groups? What are they doing? Cardin
Young entry-level consumer group's captured by Owen, Aristino
What are key offerings of competitors to consumer An Phuoc keeps convert our group thanks to its fortified brand
5
groups? proposition
Shirt & Trousers perform ok in core products
6 How are we actually performing?
Most innovations are slow-selling
= Opportunity
KEY
= OK
= Issue
Brand Audit - I&O
Key I&O
1 How consumers perceive our brand? Dành cho độ tuổi trên 25 với tính cách già, nghiêm túc, cứng nhắc nên
khó thu hút nhóm trẻ
Ít đổi mới, ít cập nhật mẫu bắt xu hướng
Ít phù hợp tiếp khách sang
2 How consumers perceive our brand strength? Thương hiệu lâu đời, được dùng rộng rãi
Mạnh về áo sơ mi & quần tây, chất liệu mát, bền
Chuyên về công sở chuẩn mực, chất lượng tốt, giá hợp lý
3 How consumers perceive our product portfolio Đa dạng mẫu mã phù hợp với nhiều nhu cầu về đồ công sở
matching their needs? Ít ra mẫu vào dịp đặc biệt để khóa túi tiền khách hàng
Dòng cho trẻ em & giày sneaker ko thật sự hấp dẫn
5 How consumers perceive our price? Cảm nhận giống như giá thực tế, nó trở thành rào cản để tăng giá và
bán sản phẩm ở phân khúc cao hơn
KEY
experience?
Thiếu điểm nhấn & các yếu tố để làm sống động hơn, gia tăng cảm xúc = OK
10 How consumers perceive product convenience? Độ phủ rộng khắp nên khách hàng dễ tiếp cận với cửa hàng = Issue
Viettien current consumer groups in Formal & Very Formal segment
• Demo: Nam 24-30, thu nhập A • Demo: Nam 25-32, thu nhập B+ • Demo: Nam First-Jobber <24, thu nhập B+
• Psycho: Tính hướng ngoại, có gu thời trang • Psycho: Tính hướng nội, thực dụng, có • Psycho: Tính hướng ngoại, sôi nổi, chưa định
cao, chú trọng vào phối đồ (quần áo, giày khuynh hướng sống tối giản, chú trọng vào hình về style ăn mặc, dễ bị tác động về
dép, phụ kiện, ba lô & túi xách). Xem thời sự tinh tế, điểm nhấn trong thời trang. Xem phong cách ăn mặc bởi bạn bè & nhóm
trang vừa thể hiện chất tôi cá nhân vừa thời trang là phương tiện thỏa mãn chất tôi xung quanh
muốn người khác chú ý đến style của mình cá nhân chứ ko thể hiện cho người khác để ý • Behavior: Ăn mặc casual đơn giản, ít thể
• Behavior: Style thay đổi theo ngày, phối đồ • Behavior: Ăn mặc tối giản, phối đồ đơn giản hiện chất riêng mua đồ giá rẻ thường xuyên
kỹ, thường có màu sắc và họa tiết nổi, nhưng có điểm nhấn • Need: đồ Smart Formal thoải mái để đi làm,
hướng ngoại • Need: đồ Smart Formal thoải mái để đi làm, kết hợp đi chơi, dạo phố
• Need: đồ Smart Formal thoải mái để đi làm, kết hợp đi chơi, dạo phố
kết hợp đi chơi, dạo phố
Evaluate Source-of-Growth
High
ATTRACTIVENESS
5 1
• Size?
• Spending?
2
3
Consumer group 2 Consumer group 5
ACHIEVABILITY High
Low
• Can we do it?
• Can we compete?
Consumer group 3 Consumer group 6
PRIORITIZED I&O
SWOT ANALYSIS
1. BRAND 2. PRODUCT 3. PRODUCT 4. PRODUCT 5. PACKAGING 6. PRICE 7. PLACE 8. CUSTOMER 9. 10.
POSITIONING PORTFOLIO CONCEPT PERFORMANCE The packaging Promotion & Location EXPERIENCE COMMUNICATION CONSUMER
The brand image, Product lines, Product name, Product attributes, shoppers see & increased price & coverage The experiential The brand PROMOTION
character, promise variants, formats, features, benefits, product quality consumers use brand process message to Promotion
SKUs claims, RTB consumers offerings
CONSUMER PROMOTION
Lack of consumer promo
S •
BRAND POSITIONING
Expertise image of PRICE PRODUCT PERFORMANCE
BRAND POSITIONING
• Not premium image PRICE PRODUCT PERFORMANCE W
“Formal & Very Formal” Match perceived Superior quality in “Áo sơ mi & • Old style image Difficult to increase price Low trendiness in most
• Good heritage quần tây”, equal to An Phước • Low innovative with current brand equity product range
values
O T
CONSUMER PROMOTION
Lack of consumer promo
S •
BRAND POSITIONING
Expertise image of PRICE PRODUCT PERFORMANCE
BRAND POSITIONING
• Not premium image PRICE PRODUCT PERFORMANCE
W
“Formal & Very Formal” Match perceived Superior quality in “Áo sơ mi & • Old style image Difficult to increase price Low trendiness in most
• Good heritage quần tây”, equal to An Phước • Low innovative product range
values with current brand equity
needs of CG1 • Too formal for CG3 • Lack of Seasonal products • Lack of creativity
O T
CG6
GROUPING BRAND I&O BEFORE GENERATING BRAND JOB-TO-BE-DONE
4 PRODUCT PORTFOLIO
BRAND POSITIONING Lack of innovations to reach
Expertise image can hook CG2 & CG3
loyalty of CG1 CG2 CG3
COMMUNICATION
• CG2 & CG3 may consider
PRICE other brands shouting out
Difficult to increase price loud
3 • Difficult to reach CG2 &
PRICE CG1
PRODUCT PERFORMANCE
COGS rise up over year! Low trendiness can lose CG3
PRODUCT CONCEPT
Chance to make CG1 spend
more by suitable product
concepts
CREATE A NEW BRAND
5 Reaching CG6!
CG6