fpa norcal speech
TRANSCRIPT
FPA NorCal Conference Simon Mainwaring Founder, We First May 27, 2015
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First, the world we live in.
Every company, brand and marketer is facing new challenges to reach, engage and sell to hyper-connected, media-savvy, and always-on consumers living in a challenging world.
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Culture has changed…
– Climate change – Wealth inequality – Water scarcity – Over-population
-Environmental damage
– Loss of biodiversity – Gender inequality – Healthcare costs
Marketing has changed… – Digital disruption – Quantified self – Social media – Peer-to-peer – Mobile commerce – Big Data – Internet of Everything – Wearables
Consumers have changed…
– Media-savvy – Well-informed – Socially-conscious – Hyper-connected
– Consumer activists – Mobile focused – Values-driven – Always on
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Shift from Me First to We First branding. ME FIRST BRAND
Opaque
Defensive
Disingenuous
Self-directed
Isolated
Profit for profit’s sake
Traditional mindset
Reactive
Schizophrenic
Shareholder
Dysfunctional
Broadcast
Status quo
Promotes advertising
WE FIRST BRAND
Transparent
Accountable
Authentic
Community-facing
Connected
People, planet, profit
Innovative mindset
Proactive
Consistent
Stakeholder well-being
Purposeful culture
Innately sharable
Future facing
Shapes culture
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The business case for purposeful storytelling. ©2015 We First Inc. 6
Edelman, 2015 ‘Trust Barometer Report’ ©2015 We First Inc. 7
Building brand trust.
2015 Deloitte ‘Core Beliefs & Culture Survey’
Value-add: Purpose builds culture. Data: Culture drives employee engagement & productivity.
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Consumer preferences.
Nielsen, 2014 ‘Doing Well By Doing Good Report’ ©2015 We First Inc. 9
Consumer mindset shift.
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1. Purposeful storytelling.
Social storytelling.
How well you tell your story determines how well consumers share your story.
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Story transcends technology.
You must define a story worth telling to be a brand worth sharing.
1. Own a fundamental human property.
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Unilever.
airbnb.
Starbucks.
Chipotle.
IBM.
Subaru.
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2. Declare your mission and values.
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In today’s social business marketplace, brands no longer show our separation or differentiation,
but our connectedness to values.
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3. Be specific - sustainability.
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Simplicity is compressed complexity.
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B2C company/product brand alignment.
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B2B company/product brand alignment.
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A company promise is a way of being internally…
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And externally.
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Ameriprise Financial. More within reach.
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Ameriprise Financial. More within reach.
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Ameriprise Financial. More within reach.
KEY TAKEAWAY The future of profit is purpose.
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KEY QUESTION What fundamental property does your brand own?
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2. Community architecture.
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Consumers driving story.
The first decision of a consumer is do they want to be part of your story.
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To inspire participation, the consumer must be the hero of your story.
That story isn’t static but must evolve and mature.
1. Consumers build brands.
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2. Encourage co-authorship and co-creation.
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3. Celebrate consumers.
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Celebratory storytelling.
BRAND
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BRAND
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Self-directed storytelling.
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Sound Stewardship (formerly Syverson & co.)
Story arc.
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Engagement tactics.
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Empire Wealth Strategies.
Engagement upgrades.
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Self-sustaining community.
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Purposeful Planning Institute.
KEY TAKEAWAY A brand must be the chief celebrant, not celebrity,
of its consumer community.
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KEY QUESTION What consumer benefit will your brand celebrate?
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3. Cultural leadership.
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PEOPLE RISE TO THE CONVERSATION YOU GROW AROUND THEM.
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Sustainable Mass Transportation.
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CULTURAL CONVERSATION 2
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Starbucks – Shared Planet Leadership.
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Anti-discrimination
Mission-Led Culture, Marketing & Sales.
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New York Life – Keep good going.
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Ken Jacobs, CFP
The goal is to transcend your products, service, and category to positively shape culture.
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Are we consuming too much?
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Can we help more people?
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Can we treat the planet better?
CVS Health launches national quit smoking platform and campaign.
Intel CEO challenges entire industry to become ‘conflict mineral free.’
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The evolution of revolution is contribution.
KEY TAKEAWAY Be a mission with a company, not a company with a mission.
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KEY QUESTION What cultural conversation will your brand lead?
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Key takeaways.
3. Be a mission with a company, not a company with a mission.
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1. Recognize that the future of profit is purpose.
2. Be the celebrant, not celebrity, of your client community.
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Stories write our future.
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Q&A
Thank you!
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