Preview

Saatchi

Good Essays
Open Document
Open Document
1865 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Saatchi
46 BRANDING I LOVEMARKS

you need is...

Have Saatchi & Saatchi found the magic formula for successful marketing in the attraction economy? By Edward Poultney

,

(EO MIDDLE EASTIIMR(H 2008

WWW.~.oom

LOVEMARKS I BRANDING 41

future beyond brands." "There's a context -the world's moved on, things have changed and so have brands," says Steve Anastasiadis, CEO of Saatchi's Dubai office. ~First the manufacturers had the power, then it shifted to the retailers - so the Wal-Marts etc had control of what they stocked and who they stocked and how much they stocked. Now the world has changed in terms of media proliferation and, ultimately, choice. The consumer's in charge now." So what exactly are Lovemarks? According to the website a Lovemark is a brand that is infused with three ingredients: Mystery, Sensuality and Intimacy. So far, so intangible (and quite confusing). But once Anastasiadis explains the concept it becomes almost childishly simple. "Lovemarks isn't some theoretical science that dazzles with the complexities - it's based on a very simple premise: We are emotional beings. There's a quote by (neurologist Donald] Caine that we sometimes refer to: "The essential difference between emotion and reason is that emotion leads to action while reason leads to conclusions."" The consumer purchasing the product is, of course, the action that every manufacturer or service provider wants. So the fundamental questions remain: What is the best way to achieve this? And who are the best examples? "Globally there are lots! Harley-Davidson, Apple, Starbucks, Coke are just a few. People change their lifestyles for Harleys, they become weekend warriors - it takes them away from themselves. And actually Harley isn't faster or technologically better than the other guys but it taps into deep emotional territory and that's what Lovemarks are about. They don't talk about 'we're faster' or 'our detergents wash brighter' and all those traditional ways of marketing, it's

You May Also Find These Documents Helpful

  • Better Essays

    Texas Roadhouse

    • 2800 Words
    • 12 Pages

    Bibliography: Cravens, David W. and Nigel F. Piercy. Strategic Marketing, Eighth Edition. Boston: McGraw-Hill, 2006.…

    • 2800 Words
    • 12 Pages
    Better Essays
  • Best Essays

    The article at hand is a report discussing the structure of several industries and the various marketing strategies they use. The strategies have undergone severe analysis based on several theories of marketing. To help explain these concepts the fast food industry is the main source of reference. In addition, we will use Hungry jack’s limited as the main example in the fast food industry. Based on the different approaches the company has used a sound conclusion was reached. This enables us to gain in-depth knowledge on the different marketing strategies companies in the fast food industry use. Through this, we are also able to determine the various challenges affecting the industry. The reports also clearly show the strengths and weakness of firms in this…

    • 3289 Words
    • 14 Pages
    Best Essays
  • Better Essays

    B120 Tma04

    • 1036 Words
    • 5 Pages

    References: Schaefer A. (2012) An introduction to marketing in business, Milton Keynes, The Open University.…

    • 1036 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Supply and Demand Easyjet

    • 1539 Words
    • 7 Pages

    Doyle, P (1997) Managing the Marketing Mix, reproduced in The Marketing Book, The Bath Press, Bath, UK…

    • 1539 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    The North Face is an incredibly popular brand for outerwear and has a lot of strengths, as well as…

    • 432 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Contiki Australia

    • 1645 Words
    • 7 Pages

    Contiki Australia formed in 1962 is a coach tour company providing fun, adventurous and organised tours targeted for the youth aged between 18 and 35. It provides their customers the value of an organised trip packed with activities, tours and with a flexibility to be able to choose optional activities and excursions. This paper evaluates how marketing is used to provide value to customers as well as how Contiki fulfils customers’ needs with the understanding of its target marketplace.…

    • 1645 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    Walmart vs Starbcuks

    • 415 Words
    • 2 Pages

    References: Roberts, Kevin. (2004). The future beyond brands-lovemarks. New York, NY: Powerhous Cultural Entertainment , Inc.…

    • 415 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Marketing Greggs Plc

    • 10183 Words
    • 41 Pages

    Kotler, P. and Armstrong, G. (2014) Principles Of Marketing. 15th edn. Essex: Pearson Education Limited.…

    • 10183 Words
    • 41 Pages
    Powerful Essays
  • Good Essays

    Bibliography: Brassington, Frances and Pettitt, Stephen (2006), Principles of Marketing- Fourth Edition, Essex, Pearson Education Limited…

    • 1209 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Smiggle is an Australian based international stationary company created in 2003. The company offers a unique range of bright and colourful stationary products to customers, offering an alternative and distinct product to the market (smiggle.com.au, 2012). To continue to sell their product and generate a profit Smiggle must continue to engage in the marketing process to generate interest in their product and generate sales. This makes marketing an essential tool to businesses. Acting as a customer’s voice marketing informs the business of the markets wants and needs. In this manner marketing is explicitly linked to customer value, as the organisation must find a sense of need or desire within the customer and then create a product that meet it if they wish to remain in business. This essay will attempt to unpack the concept of marketing further, explaining its various processes and the importance of customer value in marketing.…

    • 1523 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    Persuaders video

    • 346 Words
    • 2 Pages

    2. In the film, Kevin Roberts uses the term “lovemark”. What is a “lovemark?” How does the concept relate to brand loyalty (both behaviorally and attitudinally)? If purchasing a product isn’t “logical,” then why would you (or other people) buy it? (Pgs. 417-420)…

    • 346 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    It has been asserted (Kennedy, 2012) that, a brand collects name, symbol, design, logo and term together, intended to identifies and differentiates a product or service. Consumers regard brands as an essential element of the production, and most companies usually charge a higher price due to the influence of branding, like Louis Vuitton. Belch, Belch, Kerr, and Powell (2009) depicted that, brands could make choices for consumers, which like something consumers want to buy, avoid, aspire and outgrow. Duncan (as cited in Belch et al., 2009) describes a brand as ‘ a perception resulting from experiences with, and information about, a company or a line of products.’ A brand is not just the production or a service, it can be seen as a symbol of a product. For instance, it is easily to recognize two clothes through the branding logo, despite of that they own some common features in terms of color, style and material. Moreover, it is what differentiates a production from its competitors. Brands have two qualities, which are tangible and intangible attributes. The tangible qualities are those can be seen, felt, tasted and smelt, such as product’s design, how much it costs and what it is made of. The intangible attributes, usually involve consumer’s consciousness, which like brand image, perceptions of users of the brand and image of store where sold (Belch et al., 2009).…

    • 2372 Words
    • 10 Pages
    Best Essays
  • Satisfactory Essays

    Case 8 The Persuaders

    • 318 Words
    • 1 Page

    Lovemarks, that are products or services that “inspire loyalty beyond reason.” Customers don’t just like these brands, they have strong emotional connections. For example, people are willing to drive to another city just to get an In-N-Out Burger.…

    • 318 Words
    • 1 Page
    Satisfactory Essays
  • Powerful Essays

    Calvin Klein IMC Plan

    • 6657 Words
    • 28 Pages

    Belch, George and Belch, Michael 2012, Advertising and Promotion: An Integrated Marketing Communications Perspective, 9th Edition, viewed 24th September 2012…

    • 6657 Words
    • 28 Pages
    Powerful Essays
  • Best Essays

    Dennis J. Cahill (1997). How consumers pick a hotel: strategic segmentation and target marketing . 2nd ed. London: Routledge. 13-21…

    • 3295 Words
    • 14 Pages
    Best Essays