Brand IPL: The juggernaut rolls on!

According to a recent American Appraisal study conducted in February of this year, the brand value of IPL has been pegged at US$ 3.2 Billion (in 2010 Brand Finance had valued it at over US$ 4.3 Billion). Considering the property is only in its 7th year, with just 8 teams as things stand now, and played over just 43 days in total, the figure is indeed staggering. Add to that is the fact that there are just a motley number of countries that play the game the world over. Compare that to the English Premiere League (kicked off in 1888), that lasts nine months of the year with and which is currently valued at US$ 12 billion. For a global sport that is played by more than 200 countries.

The numbers are truly mind numbing. There is more.

Season 7 IPL

In 2008 Sony bought the broadcast rights for the IPL for an eye popping US$ 1 billion for a 10 year period. Subsequently, (through some arm twisting and covert blackmailing), we understand the figure was increased by another US$ 200 Million to be made US$ 1.2 Billion. The IPL Broadcast now straddles the footprint including the Indian Sub Continent, Middle East, Hong Kong, the Caribbean, the UK, the USA, South Africa (somehow very under represented in cricket playing countries like Australia & New Zealand). Times Internet & Go Sport.com ensure that by streaming the IPL through the web, its creating diverse, desirable and dispersed audiences. Pepsi has paid a mammoth US$ 72 million to be the title sponsor of the IPL (the earlier incumbent for the first 5 years was DLF who had got the title rights for less than US$ 50 Million). Sony, the host broadcaster has been pitching a 10 second advertising spot at about INR 4.5 lakhs this season and had reportedly earned anything between INR 900-950 Crores in advertising revenues during IPL Season 6.

Packed venues welcome the teams wherever they go. The first phase of IPL season 7 played in the UAE witnessed unabashed audience following triggering a new line of thinking (and possible opportunities for the Gulf nation) in the times to come.

Great sporting brands across the world have been built over several decades of fan following, successful performances, the ability of a team to attract great talent, and continued association from large companies, partners and sponsors. Teams like the New York Yankees, Dallas Cowboys, Manchester United, Chelsea, Real Madrid, Barcelona, Los Angeles Lakers and the like have become highly sought after brands by advertisers and represent brand values in the billions of dollars range.

In the IPL, brand value is derived from a wider variety of reasons keeping in mind the Indian viewer’s vernacular proclivities, cricketing knowledge and celebrity influence. You cannot put a finger to it but it seems as if the IPL is here to stay (controversy or no controversy). So roll along and enjoy it while the likes of Maxwell light up the stands or the Great Arc of Chennai (McCullum, Jadeja, Raina and Du Flessi patrolling the offside field for team CSK).

Two Wrongs Don’t Make a Right, Two Tongs Don’t Make it Tight!!

They have coined it ‘ Incredible India ‘. And ‘ India Shining ‘. And so on. As the world’s most populous democracy gets ready for the next round of general elections in April this year, the communication strategy on display, especially of the leading lights (heavyweights actually!) in the fray really makes you wonder – is this  ‘ Thinkredible India ‘?

If unofficial estimates are to be believed, almost 2000 Crores(Indian Rupees) in advertising and spin doctoring will be spent by the various political parties to reach out, influence, coerce, bully, motivate, wake up a wary, suspicious, apprehensive, unsure, frustrated, reluctant electorate, already at the end of its tether, given the performance(or the absolute lack of it) of the Government of the day. Its common parlance in advertising circles that an agency can only be as good as the brief it gets from the client and if you have been seeing some of the communication on television, print etc, there is ample bearing of that testimony.

Two Wrongs Dont Make A Right

What do the UPAnishads(read election manifesto of the ruling party) say? A lot actually without saying or committing anything. Very much on expected lines. Flaky, pie in the sky, neither here nor there, sitting on the fence- nothing assertive, decisive,  relevant   or meaningful. The communication is no different. If the objective of the campaign is to create the ‘ feel good ‘ factor, it does achieve it and more. In fact it actually makes you ‘ feel good for nothing ‘.Terrible showcasing of a Prime Ministerial candidate who is unsure, inarticulate, under confident, tentative and an unwilling (and probably involuntary) victim of ‘ die-nasty ‘ politics. And we all thought that brand ambassadors have to be cut of a different cloth. And just for the record. Money spent on articulating ‘hollower than thou’ nothings is 500 Crores (Indian Rupees). We have all heard that advertising can never sustain a bad product or service. The ruling party obviously hasn’t. For them, I reckon this really is the last (st)raw!

The saffron brigade is subjecting us to a different kind of safforing…oops…suffering. Cartoon network at its worst. A state of a state is not actually a state of the nation. Yet that continues to be the USP (though several SPs in the state would beg to differ) being mouthed from dais’s across the nation. An eNDAscopy of what they are all about is in order. That being said, the fair weather pundits are already clamoring for and saluting the RiSSe of the BJP. Budget for this colossal waste of resources: a whopping 400 Crores(Indian Rupees). Is there serious reliance on vested interests for these funds to come from? Your gas…I mean guess is as good as mine.

Lets look at the Third alternative in this seemingly sordid vortex( no reference to the Third Front here which to me is more a personal affront than a coalition politics compulsion)- its an AAP AAP world. Born out of guts, glory, gumption which had the electorate swooning ‘ AAP Ki Kasam ‘ as they made light work of the bigwigs in the electoral race in Delhi, a few months on, thanks to a surreptitious mix of a well designed media blackout , a well orchestrated witch hunt and unabashed indiscretion on its own part, has the same set of loyalists crooning ‘ AAP tho aisey na they ‘. And what do they have to communicate…well we are still waiting….and even if they have, we may never know.

Non performance backed by communication that is a non starter…din meets stench…two wrongs never made a right, but then who the hell cares?

Stereotyping: This just doesn’t smell right!

Way back in the mid 1800’s, stereotype was used as a noun that meant “image perpetuated without change”. Possible fallouts of it included justification of ill-founded prejudices or ignorance and the unwillingness to rethink one’s attitudes and behavior towards stereotyped groups.

keep-calm-and-stop-stereotyping

Well into the 21st Century, nothing much has changed and the best exemplification of it is articulated in many of the TV commercials that we see for deodorants these days. Most of us would have an axe or two grind with many of the brands that showcase the Alpha male strutting his stuff only to see the Beta female fall spray I mean prey. Its very difficult to make any sense(olfactory or otherwise) out of it. Do a quick dipstick(or should it be deo stick?) on these unsuspecting women and men and you will have protest rallies that would put the Occupy Wall Street one to shame.

What is it that makes these brands(many of them looked after by seasoned marketing & advertising gurus) heap layer after layer of communication that glorifies a non existing stereotype(of either gender) right from Denver to Park Avenue, geography notwithstanding? Isn’t it all very foggy? And just done on pure impulse? Or do we grudgingly reconcile to ‘The more things change, the more they remain the same ‘ syndrome?

A lot of hot air, most of it carbon unneutral. And you begin to sense that s(t)inking feeling! And despite claims by some that it won’t let you down, it is difficult not to feel otherwise. Its time to give the audience their due. Time to wake up and smell the …coffee. Till that time, the axe will continue to grind!

Is your brand X’y?

No its not the preserve of the select phew! Or Reality Television. Y should it be? It need not remain a steadfast tenant at number 24 in the alphabets table. Everybody can have it. What is your X Factor? How can it help you succeed?

We can no longer emoshun it. We are talking emotions. The kind of conceptual branding that is about finding the all-important X Factor and getting that message out there.

X Factor

It’s a different math. This X Factor is about creating engagement, arousing emotion and that which demonstrates how even the most unlikely brands can find an emotional touchstone: sadness, joy, anger, loyalty, laughter, frustration, pride and many other emotions. The X factor is (surprise, surprise) multiplies attention, attraction, appeal and action.

Lets travel beyond the typical visual clue. The DNA of a unique, differentiated brand is far more than just a logo, a typography set and colour palette. The plate needs to be fuller. The consumer believes in brands that tell a story and convey a clear, simple, believable message. Brands should appeal just as much to the heart as they do to the intellect. Call it State of the Heart branding!

As brand guardians we have the fundamental responsibility of ensuring that our brands and the associated concepts are imbued with the X Factor, no matter what category or sector the brand is from. Every brand has the potential to be truly unique, be it cement, telecom, fashion, bank or a coffee shop. Lets realize that in an increasingly over commoditized world, USP is passé. The day and age belongs to UFP (Unique Feelings Proposition) and brands that understand Y the UFP factor is vital to customer loyalty will be devoting more time and attention to embedding the X factor into their offerings and laugh their way to the bang! And Y not!

The Creative Apocalypse: Preparing your client

There is great, there is good and there is average (ok). Superlative. Comparitive. Relative. Most of us want to (atleast there is good enough intent!) do good work and over a period of time how that transmits to average and below remains an unsolved mystery. Have we ever started out saying; Lets do some Great Work? No one came into the profession thinking ‘I really want to produce work that’s a bit meh, a bit vanilla, that makes no impact on the world and sinks without a trace.’ So how come we don’t see brave creative work that often? The occasional breakthrough shines like a lighthouse across a lacklustre sea of work that is often boring, weirdly familiar or just a little bit disappointing.

Creative Apocalypse image

 

 

 

 

 

 

 

 

 

 

So how is the end game playing out? It’s a whole new world out there. Recession or no recession- there is a perennial pressure on budgets and jobs. The ‘always on’ shifting media landscape and the move from broadcasting messages to managing conversations. The balancing of brand, ROI and an increasing reliance on data and metrics. There is safety in numbers (metrics reloaded!). And how! All of these things have stitched together a sinister conspiracy in the last 10 years or so and made it more difficult for creatively brave work to ever see the light today.  It takes real balls for a client, or an agency, to take a leap of faith in this climate. Till then, it’s a lip of fate! And sealed at that.

Where does the skull drudgery end? What can be done? Selling creatively brave ideas requires an ability to promote the safety of risky situations (don’t miss the contradiction here), psychological management skills and a client that can hold their nerve. Sometimes you have to help hold it for them.

This situation provides both agency and client an absolutely perfect platform to do creative tango. So here is the brief: Depart from norm, break free from convention whilst remaining true to creating lasting campaign impact and brand recall. Surprise, delight, intimidate and come back to do more of the same. Don’t just hand hold the client, hold his heart and get to your customers’ soul in the process. That should be your sole goal.

Alice in Extreme Consumerland

The old order has changed and how. Consumers are now marketing to marketers through the 3 Ps- Price, Pressure & Politics. They are demanding bold innovation with every new product. Apple recently lost 25% of its value as investors punished its lack of new ideas. If it can happen to Apple, it can happen to you. The problem with big companies is not having ideas – it’s bringing them to market.

Coming to the heart of the matter: research kills brave ideas.

Average consumers can tell you how your current products and services are doing.  But they are often resistant to change, as Malcolm Gladwell pointed out in his Aeron chair story in Blink. The chair sat down (read died) in research because average consumers couldn’t get over its lack of leather. But it got made nonetheless because some more creative consumers loved it.

Consumerland

So what’s the remedy? How can research help sell bold ideas within your company -and to the consumer? How do we get meaningful tectonic shifts created? By looking beyond the usual suspects (your regular customers) to the fringes. Out there are the hackers, the early adopters, the extreme users who will co-create your products, inspiring you instead of shooting you down.

So what’s the take away when you look and go beyond? The results are stunningly significant. Mega corporate brands like Nike, Samsung, Google, PepsiCo, Zappos, Amazon, Starbucks, Vodafone and such ilk are able to make big leaps in product development, repositioning and even restructuring their organizations. Average consumers tell you what you already know. They bring in validation. Thank you. Extreme consumers can give you a whole new way of thinking about your category. They bring inspiration. They induce innovation. They embrace disruption. They coerce relevant change. And if you’re looking for that big, transformative idea, inspiration may be the most valuable thing your company can buy.

How can we become better storytellers (and storysellers)?

Jonathan Gottschall, author of Storytelling Animal: How Stories Make Us Human , thinks humans are beasts of emotion more than logic, and the process of changing one mind or the whole world must begin with “once upon a time”. He takes rather a dim view of dispassionate presentation of costs and benefits: More on this some other time…

As we battle the surplus V deficit challenge (surplus of information, goods, services and deficit of trust, time, attention & resources), how do we develop a knack for turning complicated (and often arcane) scientific ideas into digestible, tasty nuggets of knowledge. That gets readers/listeners to not just passively sit and listen, but are inspired to take action. To change their behavior. To transform themselves and their organizations. To tell and share with others what they learned (and unlearned).

So, how do we become effective story tellers and story sellers?

a) Simplicity

KISS – Keep It Simple, Stupid

It’s a case of been there, done that. When articulating ideas we have a tendency to slip into jargon. Little realizing that there is always a slip between the cup and the lip. To talk in ways that only insiders can understand. We have internalized the idea so much that we assume others do as well. So we go into all the nuances and complexity. Without realizing that we’re losing our audience along the way. It’s called the Curse of Knowledge(The term was coined by Robin Hogarth).

So keep it as simple as possible. Respect the fact that most readers aren’t experts on cognitive psychology, network sociology, or the science of dyslexia. So, stay away from the minutiae. Boil down complicated concepts into the key details and share only those. Not the whole forest, just the most important trees.

If your audience remembered only one thing you told them, what should it be? How can you strip out unnecessary details and keep it simple?

b) Stories > Information Every Time

Information is great. Facts can be useful, enlightening, and help us make better decisions. But because there is so much of it, they can also be overwhelming, boring, intimidating and hard to remember.

Rather than just providing information, tell stories. Tales of a new age Bedouin inspired do gooder or a school basketball team woefully unmatched with the rest of the league and yet coming up trumps. These stories surprise and engage the audience and they help the reader/listener visually simulate what is happening.

Not just that. When carefully designed, stories also serve a larger purpose. They illustrate the main point of an argument in a way information alone can’t. They’re like vessels or carriers.

If we were to dig a bit into mythology, the most effective stories are Trojan Horses. Sure, there is an engaging narrative, but information comes along for the ride. It’s proof by (compelling) example.

So work on your Trojan Horse Story. What’s the enthralling narrative that will carry your message along inside?

c) Script Tease: It Always Holds Attention

Most plays have three acts. The first act introduces things, the second act develops them, and the third resolves them. Movies, while not as explicit, usually follow a similar pattern. Set up then conflict and then resolution. They call it the Hollywood Paradigm. Sure everything could get resolved faster, but a good first act sets the scene in a way that draws us in. Just like a good mystery.

Get your stories to have a similar structure. Ignite a question but don’t resolve that story right away. Instead, launch into a second and even a third story before wrapping up the first one. Rather than distancing themselves,  the listener stays tuned along the way because they want to know how the first story ends. Researchers call it the Curiosity Gap or a hole in the listener’s knowledge, you encourage them to pay attention to the rest.

How can you open up a curiosity gap? Point out a hole in your listener’s knowledge that will make them want to lean in closer to learn more?

Become the master that you can be at selling ideas that drive others to action. Whether you’re selling a product, an idea, or just yourself, we can all benefit from being better storysellers.

Creative Risk & CMOs- The Twain Has To Meet!

 

The saying is as old as the hills. Nothing ventured, nothing gained. The average tenure of today’s CMO (Chief Marketing Officer) is 18-22 months. One major driver is the fear of taking creative risks. Ironically, it is the problem of producing mediocrity that is the true risk.

As members of a society, our brains are hardwired to fit in, to conform. That’s why so many people dress the same way, sport the same hairstyles and are uncomfortable to be the ones that stand out in a crowd. The safety in homogeneity is all pervasive. This fear of being different seems to permeate marketing departments every day. Many clients seem to buy advertising the same way they buy clothing – gaining comfort from what their peers are doing.

And yet, ironically, as a consumer, this same human brain is programmed to filter out everything that is known, accepted and routine. The brain pays attention to things that it least expects. So, deliver the unexpected. Check this link http://on.fb.me/19Y6qHb.

If your marketing becomes habitual and conforms to the category norms, no one will notice you.  If you are mimicking the same conversation as your competition, you’ll be ignored.  If you change the conversation you become the story teller (read this article on how agencies & brands need to use the power of story telling in Brand Knew on http://bit.ly/NprX0t). Given today’s accent on tactical over riding the strategic or creative, little wonder the ignominy of sameness has a stranglehold on most creative communication. If you want to achieve cut-through and relevance you need an idea and execution that stands out, that is different and challenges convention.

Imagine this: clutter: hyper clutter: commoditization of products and services. Hyper commoditization of communication. Interpretation fatigue, trust deficit…heading straight towards safe therefore sorry state of affairs.

Break the shackle. Bite the bullet. Beard the lion. Become the Creative Marketing Officer(CMO) that you can be, want to be and expected to be!

The comfort of sameness: the happiness of routine: the absence of newness!

 

Look no further than whatever meets the eye or gets your hear: you will see a sea of messages screaming Back to School. I reckon its the new ‘Come September ‘tune that a brand Venture(s) into.  Across products, categories and media platforms, brand messages pour out, selling, cajoling, coercing, bribing, reminding, pleading, imploring, threatening (almost) and more. Well its doing the obvious, I guess. And the comfort of the safety net that comes with it.

What is it (you begin to wonder) that drives brands to depart from the nomenclature with unabashed disdain and find solace in the sameness of being? I understand that routine has its compulsions at being consistent but is this mind numbing consistency generating customer constituency? Are customers really coming ‘back ‘year after year or they have begin to see through it all?

Often times we have heard about following the fundamentals; ‘instead of sharing from the same size of the pie, grow the category ‘; the cola wars, the two wheeler battles, the smartphone skirmishes and all of that are constant reminders. So, ‘growing the category’ would be a comforting prognosis here. To use an overused adage ‘ Birds of the same feather, flock together ‘, but what about wanting to actually have a feather in the cap and doing something that gets you there. Once upon a time it was called the good old ‘differentiation ‘and here is where I have a serious difference of opinion. Times have changed, or have they?

Stationery cannot be stationary, on shop shelves. Shoes have to stand on their own two feet, often with no soul searching. Uniforms cannot be the same, year after year (there is no uniformity in that you see), there is more to a Tablet than meets the eye (must be the Retina Display), the thirst for new water bottles leaves you wet behind the ears, the need for a new printer leaves you reading between the lines and you cannot be more unsmart at being still seen with the same smartphone in week 12…..

The excess baggage of Back to School campaigns, take flight, year after year, unfailingly. Probably the reason why most marketers do not feel the need to go back to school and re think their strategy. All that is needed is to share a few ‘same pinches ‘and it still doesn’t pinch them. Why should they, when they all seem to be laughing their way to the school…I mean bank!

Brand Ambassadors: Celebrities V/s Real Customers

Brands the world over spend millions of dollars trying to woo celebrities to act as brand ambassadors. Does it really work?
What’s the ROI on this? Can it be measured?

The jury is still out on this one: are celebrities really worth the millions they are paid for endorsement deals? For every Roger Federer there is a Tiger Woods. For every David Beckham, there is a Paris Hilton. The mightiest of them are biting the dust far too often for it to become anything that is predictable. Are the CFO’s impressed? I prefer to be the naysayer on this one.

There is no short cut to building and growing a brand. A celebrity might put a brand in front of millions but will that compel buying and consumption? Would you buy a Videocon TV just because a Shahruk Khan is endorsing it? Or believe a ridiculous claim that he makes through a TVC that VI JOHN is the largest selling men’s shaving cream brand in the world- (the poor Gillette & Niveas of the world, would you please sit up and take notice). That is a lot of unwelcome foam floating around, I dare say!

Pitch this scenario against a real world situation wherein end users propagate the brand passionately. Look no further than the iconic Apple brand. Apple users are probably the most committed, sincere and super zealous brand ambassadors that you can ever get (without the brand having to pay a dime!!!). You will notice them in all markets and situations, laughing at Windows users (are you still stuck in the Stone Age? You don’t know what you are missing out on…etc etc) and extolling them to make the switch. That’s brand loyalty at its very zenith, truly bottom up brand marketing.A dream situation for any brand marketer. When Dove wanted to create a disruption in the hyper cluttered environment of soap brands, who did they turn to? You guessed it right- every day users- nothing unreal, no guilt pangs and easy resonance with every day people- a killer brand marketing strategy that has worked remarkably well in all the markets that Dove tried it in.

We are getting to a stage of brand democracy- wherein brands will be made by people, for the people and of the people and in an increasingly socially networked eco system which encourages to say it as it is, the power will truly rest with the people. Celebrities: you may rest in peace. You can no longer laugh your way to the brand! At least not all of them.