Notes from Propaganda Lecture - 17/01/19
January 20, 2019Starting Point
- immersion - understand business and market
- insight
- brand development
- strategy
Market Map - defining where you want to sit
Define audience
Three ways for a brand to grow
- ACQUISITION - attract new customers
- FREQUENCY - increase the regularity of purchase
- AVERAGE WEIGHT OF PURCHASE - increase the number of products purchased
Brand Requirements
- identity and assets - consistent global branding
- packaging - improving messaging at point of purchase
- distributor communication - engage and support
- website - building a big brand approach to online and driving sales at best margin
- education - educating the benefits globally and consistently
- sales strategy & support - approach to sales to re-engage customers and convert new products
- channel branding
Continuous Innovation
- seasonal and gifting - gift sets/limited edition
- brand collaboration
- new product development
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