“10 Musts" To Building New Brands And To Rebuilding Dormant, Undeveloped Brands
I. The cornerstone of every brand - its point of difference
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The problem - Too many products fall down in the differentiation department. There must be a unique selling proposition (USP)!
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If a brand doesn’t have a USP, find some creative hook!
Click here to view to a list of our brand USPs
II. Must make product stand out
Must build brand identity through:
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Single-minded vision: For Gold Bond, to become the gold standard in medicated skin care for itch relief.
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Regular and consistent advertising.
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Dynamic package design—so when consumer walks down the aisle, the product shouts out to the consumer, “GRAB ME!”
Click here to view old and new Ovaltine Packaging
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Focused line extension strategy.
III. Must listen to consumer and then listen more slowly!
Brand Research Cards taught us:
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How to improve creative advertising.
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To target Gold Bond creative against the J&J consumer
(>1/2 of 1st time users of Gold Bond coming from J&J
franchise!) J&J Baby Powder users wanted a product that
did more than absorb moisture; they wanted medicine to relieve
itch and discomfort.
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To target Gold Bond against those who thought they had
athlete’s foot but really had our newly coined disease,
“everyday foot itch.”
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To develop a new line extension—Gold Bond Medicated
Foot Powder---The BRCs showed us that the number one part
of the body where consumers were using GB was the feet! So why not
develop a product specially formulated for the feet!
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To target Ovaltine creative against hot cocoa drinkers
– Ovaltine consumers in the winter were coming from
the hot cocoa market -- Carnation and Swiss Miss. Our new
creative--“Ovaltine Hot is creamier than ordinary
hot cocoas, because it’s made with milk, not water;
plus Ovaltine has vitamins and minerals, Carnation and Swiss
Miss don’t.”
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To develop Gold Bond Medicated Anti-Itch Cream--Consumers’
number one reason for using medicated creams- immediate
itch relief; leading brands could not provide. So they came
to GB Powder.
Click here to view Gold Bond and Ovaltine BRC cards
IV. Creative Advertising Must Strike a Responsive Chord with consumer
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To us, the only thing
more beautiful than a
good ad is an excited consumer passionate about our products.
And we spend a lot of time with our consumers and consumer
testimonials and commercials based on consumer feedback
have been the strength of our creative advertising efforts.
Click here to view our Commercials
V. Control commercial production costs to maximize funds for media
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As advertising plays
such a critically important role in building brand equity, we have always
been vertically-integrated in the advertising creative
function, and have handled that part of the business in-house,
on our own (writers, producers,etc.). That’s how
we are able to keep production costs down so there’s
more money available for the media buy!
The problem with the outside advertising agencies is that
they push television commercials, the most expensive media
day-parts, extremely high production costs, directors’
fees, creative and talent fees. The average cost of a
30 second national television commercial is in excess
of $360,000 (according to the American Association of
Advertising Agencies).
During the five years we owned Gold Bond, our average
cost of a television and radio commercial including the
buy-out of talent was under $5,000!
VI. Heavy investment in advertising (Key to top of mind awareness - Dominant SOV)
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There is a direct correlation between the level of advertising spending and market share, consumer loyalty, the ability to resist price competition and leverage with the trade.
Click here to view Ovaltine Share of Voice Charts
VII. Frequency of advertising messages
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Message repetition is
critical to generating trail of your products. That is
why we advertise 52 weeks/year, without flighting. Over
the last 46 years, every brand we have ever owned has
been advertised 365 days a year! Yes, we could afford
to advertise on the Super Bowl but that would not be consistent
we our frequency of advertising goals. By spending our
media money efficiently throughout the year we maximize
the frequency of our advertising messages.
Click here to view a comparison of Himmel media efficiency vs. advertising on the Super Bowl
VIII. In-house media buying company to maximize cost effeciency and impression level delivery
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Like advertising creative,
we have always been vertically-integrated in the media
buying function. That is how we have been able to achieve
significant efficiencies in media buying. Himmel has dealt
directly with all the major media properties for over
50 years. Our internal organization negotitates, plans,
implements, purchases,traffics, and monitors every commercial
spot that Himmel buys.
IX. Live in a state of paranoia
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Always be one step ahead
of your competiton.
Himmel believe the best defense is a good offense. When
regular strength Gold Bond was introduced nationally and
became a successful brand, we anticipated that retailers
would introduce their own store-brand knockoffs at a significantly
lower price. In order to counter this threat to our brand
before it happened we introduce Extra Strength Gold Bond
and began to convert Regular Strength users to the new
more effective line extension.
Himmel has also taken a very proactive position in the
area of creative for Ovaltine. Since 1992 Himmel Creative
Strategy for Ovaltine has continually evolved to maximize
the brands growth.
Click here to view Ovaltine Creative Evolution Summary
X. Discipline to follow the "Musts"
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