recent stuff

Pick Up Lines

Sunday, March 1st, 2009

JUST DO ITTaglines, straplines, endlines or slogans. Just some of the names given to that short sharp phrase that people associate with a famous product or service. “A great slogan should be seven words or less” the experts say, which probably reflects our abilities of concentration and our memory skills.
A slogan outlines your brand’s benefit to the consumer. VB tells you that the cold icy beer is great “for a hard earned thirst”. Nike tells you to “Just do it”, Apple tells us to “think different” while if you are looking to rent a car, “Let Budget drive your dollar further”. See lines don’t just tell us about a brand, they practically tell us how to think. If ever you think your brand doesn’t need one, maybe 10 of my favourites for the world’s most successful brands may change your mind. Can you guess which brands they’re for:

1.    Don’t leave home without it
2.    Just do it
3.    Melts in your mouth, not in your hand
4.    Finger-lick’in good
5.    It keeps going and going and going
6.    Good things come to those who wait
7.    Snap! Crackle! Pop!
8.    Let your fingers do the walking
9.    Volvo. For life
10.    Beanz meanz heinz

But be careful. Sometimes a brand can get it so bloody wrong. Just ask Tourism Australia when they asked “Where the bloody hell are you?”

Celebrity Endorsements

Friday, February 20th, 2009

The benefits of celebrity endorsements are very well documented. Customers are more likely to choose goods and services endorsed by celebrities than those without such endorsements. Plus with thousands of advertised messages hitting us during our ‘time-poor’ week, well-known identities will attract, and hold, our attention faster.
Finally, most importantly a celebrity who personifies your brand can communicate its values almost instantly with great long term results.

However, there are disadvantages too. There is the cost issue. The bigger the name, the bigger the price. There is also the danger of negative publicity surrounding your celebrity, like swimmer Michael Phelps and his bong smoking episode that saw Kellogs swiftly cut ties. You also have to ensure that you don’t have a “celebrity whore” whose name is attached to everything thus diluting the strength of the message.

But before you make a decision, apply the FRED system, which stands for familiarity, relevance, esteem and differentiation. It stems from a $6 million study interviewing 30,000 people around the world to find out why brands and their advertising efforts succeed and fail (Miciak & Shanklin, 1994).
Familiarity means people must be aware of the celebrity, and see them as friendly and trustworthy. Next is relevance, ensuring there’s a link between the endorser and the product, as well as between the endorser and consumers.

Next is esteem. Consumers must feel a strong affinity, and respect, with the celebrity for overall credibility. Finally, there is differentiation, where consumers should view the celebrity as different from all the rest.

Now, I’d love to hear people’s thoughts on who they think makes for a great endorser!

Summer’s A Great Time For Distress

Saturday, February 14th, 2009

Times are challenging, and the post Christmas summer period can be doubly difficult as consumers watch their spending. However one silver lining is the increasing amounts of ‘distress media rates’ that media companies are selling. This refers to the advertising space they have been unable to sell for upcoming issues. They offer a last minute deal at a heavily discounted rate to anyone willing to advertise with them at short notice.

This is a cost-effective way to reach your target market and keep within your advertising budget.

One more cent for many more dollars

Friday, January 2nd, 2009

According to Marlene Jensen, author of Pricing Psychology Report, $9.99 is perceived by our brains as being incredibly lower than $10. Dropping that 1 cent typically results in 10% to 20% more sales.