New Zealand Marketing

What’s changed the way you think about the industry in the last year?

- ROY ONG CHIEF MARKETING OFFICER 2DEGREES

The way customers engage with a brand has evolved so much at a time when each telco’s products start to look homogeneou­s to its customers.

Like it or not, telco products and services are fast becoming a commodity – if they haven’t already – to the extent that it’s like buying milk at the supermarke­t. They are all the same, but which is cheaper today?

But telco differs from commoditis­ed grocery items as the prices are continuing to decrease. In some countries in North America and Asia, the race to the bottom has unfortunat­ely been achieved. And any sliver of product differenti­ation is happening in such a fast-paced market that competitor­s are matching or mimicking offers at pace.

So, it begs the question, how does one truly engage the hearts and minds (and gut) of Kiwis above and beyond data and price? Brand experience! Not customer experience, brand experience.

Google tells us the definition of brand experience is: “sensations, feelings, cognitions, and behavioura­l responses evoked by brandrelat­ed stimuli that are part of a brand’s design and identity, packaging, communicat­ions, and environmen­ts.”

What that means is there must be a unique brand personalit­y and attitude that must be adhered to consistent­ly from day one. Successful brands have continued to grow because they have stayed true to their original brand DNA. These same successful brands argue that there is no need for a brand ‘evolution’ as this will only drive further brand homogeny.

Don’t get me wrong, brand creativity should evolve but brand purpose and experience must be upheld and should never change. Stop evolving brands! Brands were conceived for a reason and they were successful for a reason.

 ??  ??
 ??  ??

Newspapers in English

Newspapers from New Zealand