Monday, January 17, 2011

The Brands We love and Why!



Two of my favorite brands are Starbucks and Apple Store. In the book titled "The Power of Co-Creation" the authors talk about how these two brands (and others) have embraced a concept of co-creation to build huge successes.

Starbucks, an experience wrapped in a cup!

I first became a fan of Starbucks not because of the coffee but because of a segment on a Sunday morning show about how they treat their partners (employees) with respect and dignity. They are one of the most progressive employers in the U.S. and that really matters to me.

In 2008 Starbucks had to deal with "the perfect storm." The economy collapsed and the competition became fierce. They didn’t take it lying down. In 2008 they went interactive launching MyStarbucksIdea.com where everyone was invited to help "co-shape" it’s future. In the first year, 65,000 ideas had been submitted and 658,000 votes were cast. In 2009, 50 of the ideas had been approved and began launching. Then, they used their power to do good by launching "Pledge 5.starbucks.com" (ok it didn’t hurt PR either) where fans were asked to donate their time to community service. The result, by fall 2009, 1 million service hours were pledged. No one can say for sure but I believe these initiatives helped them turn a corner and in 2010 they returned to profitability.

The Apple Store, delighting our inner child!

Just step inside any Apple store and observe the level of positive energy. It’s no accident, Apple stores were designed to make customers feel comfortable; to play with the toys, interact with staff or just read their email. During a visit to Atlanta during the holidays, I had a great conversation with my cousin who has always loved Apple products. He was the first person I knew to purchase an iphone, he waited on line for 7 hours to get it and Apple served everyone breakfast (talk about putting a positive spin on a long wait). When the ipad was launched, he stood in line again. I guess I shouldn’t have been surprised that when he semi-retired from his successful career he decided to work part-time at an Apple store just for fun. Yes, I said fun! His excitement is contagious as he shares the relationships Apple creates with employees, and the meaningful two-way interactions it fosters with its clients.

Impressively, according to Ramaswamy and Gouillart "Apple embraced co-creation to enhance the speed and scope of its innovation, generating over $1 billion for its App-Store partner-Developers in two years." Not bad!

So, what have I taken away from Starbucks' and Apple’s roaring success? For me, it’s working to create a culture where staff and clients can comfortably interact, learn and even disagree. In the end it’s all about everyone flourishing.

Do you have a story about your favorite brand, please share.

–Ann Byne, Principal, The Byne Group




Tuesday, January 11, 2011

Please Talk Back (The Perfect Mantra for Social Media Marketing!)


Social media offers marketers an opportunity to engage in conversation about their brand. So, how did this baby boomer get to know anything about the benefits of social media? Isn't that a young person's game?

Well, once upon a time, a young woman (that was me), wielded my best marketing and design tools – Pantone markers, letraset – to provide clients with the kind of perfect layouts and marketing messages that assumed people were listening. For the most part, they were. It was a less cynical world. Marketers weren’t competing with the Internet, or YouTube or video on demand or online ratings. Consumers didn’t register for "do not call" lists, use DVRs to tape TV shows so they could “skip” the commercials, or Google clients to see how some of its previous customers felt about their service or product. When we talked to consumers the last thing we wanted was for them to talk back.

Fast forward 25 years, the design and advertising landscape has drastically changed. My markers and paper have long since been retired and replaced with a computer that allows my agency to create marketing materials in less than one twentieth the time. The newspapers of our day are fighting for their lives, the post office is gasping for breath and the youngest members of our population are determined to "opt-in" for marketing.

The times have changed, and good marketers must change with them. For me, that often means educating clients on the latest tools in the marketing toolbox. In some cases, it means pushing them online to listen to the conversation that's taking place right now about their brand. Better yet, I counsel them to encourage the conversation, to ask for feedback in order to do a better job of giving their customers what they're telling them they want.

Would love to hear your thoughts on the subject!



–Ann Byne, Principal, The Byne Group