profitable brands

How Funky Brands can be creative: 7 insights from the Creativity Forum in Antwerp

A cake by Taarten Van Abel, a creative company mentioned during the conference. I thought it would be a good symbol for female creativity

A cake by Taarten Van Abel

On Thursday, I attended an event dedicated to creativity. The conference took place in Antwerp and was organized by an organization called Flanders District of Creativity. This year, Flanders DC gave the stage to creative and inspirational women.

Creativity fuels Funky Brands — innovative, edgy, contemporary products and services that stand out from the crowd. Funky Brands are worth experiencing over and over again, and importantly, bring positive functional and emotional benefits to those who use them.

For examples of Funky Brands, visit the Funky Brand Interviews section.

Here is my summary of 7 insights from the event that can be applied to Funky Brands:

Image by pumpkincat210 on Flickr

1) MAKE SURE TO INCLUDE CREATIVE, PASSIONATE AND KNOWLEDGEABLE WOMEN IN YOUR BUSINESS TEAM

Women’s signature style of doing business can be referred to as lifestyle entrepreneurship. This means that often, women’s main motivation behind starting a business is not just cash, but first and foremost, creating value for their customers.

If you are a team of men, invite at least one talented woman who will surely bring a different perspective to your business.

2) BE AUTHENTIC IN YOUR BRAND PROMOTIONS

Randi Zuckerberg, who’s in charge of the Creative Marketing department of Facebook, gave examples of authentic ways in which Facebook has communicated with its members.

In a short case study, Randi demonstrated a difference in reaction from Facebook fans to two photos of celebrity Eva Longoria. One photo of Eva was pure glam, whereas in another shot she looked more like someone you’d meet on the street rather than red carpet. Interestingly, the simple photo raised a massive wave of “likes” on Facebook. This taught Facebook itself to use friendly, amateur-like images of its employees in the company’s communications campaigns.

Don’t exclude glamorous and stylish visual expressions of your brand, but it’s worth exploring more authentic ways of connecting to real people, at least once in a while.

Here’s an image that captures the main points of Randi’s presentation:

Image courtesy of Visual Harvesting

Image courtesy of Visual Harvesting

3) IF YOU WANT ENGAGED CUSTOMERS, MAKE THEM PLAY A GAME WITH YOUR BRAND

Jane McGonigal, a game designer from the Institute for the Future, spoke about solving world problems by encouraging people to play more games. Jane defined games as “unnecessary obstacles that we volunteer to overcome.

If we take the example of golf, what’s the fascination behind trying to hit the ball with a stick and make it fall into the hole, instead of just picking it up by hand and placing it there? But even if the final purpose is to make that ball fall into the hole, nobody would ever be interested in having no obstacle to overcome, and no thrill to experience.

Image by Levy Fulop on Flickr

Image by Levy Fulop on Flickr

The truth is, people like the excitementenergy and thrill of playing a game. In similar terms, nobody wants a dull and unmemorable experience of learning about your product, buying it in an unexciting environment, and experiencing its dull features.

Engage your customers in a thrilling game, and enhance the funky brand experience!

4) DEFINE YOUR BRAND NOT IN LINE WITH PRODUCT FUNCTIONALITY, BUT WITH WHAT YOUR CUSTOMERS REALLY WANT

Diane Nijs, a professor of imagineering1 , gave an example of the Dutch bakery Taarten Van Abel.

The bakery owner built a funky brand by redefining his product from simply a cake, to the expression of festive spirit. As Diane pointed out, people rarely buy cakes to eat them. They buy them as symbols of celebrationfeast, and enjoyment. Taarten Van Abel has grasped this and began to create cakes that are works of art. The brand of Taarten Van Abel has become so well-received by people that the company has decided to launch a TV channel for kids, in which its symbolic cakes have given ground to stories and fairy tales.

5) UNLOCK THE MEMETIC POTENTIAL OF YOUR IDEA

Memetics is a theory of mental content based on an analogy with Darwinian evolution, which was originated by Richard Dawkins in the 1976 book The Selfish Gene.   Meme is a unit of human cultural transmission analogous to the gene, and psychologist Susan Blackmore talked about ways of how this sort of replication happens in culture.

Memetics would be worth checking especially for those who are fans of viral marketing. Why do some ideas fly and replicate themselves, and others just sit on the shelf unnoticed? Maybe memetics is a field that you should look into in order to understand why some brands just fly and become funky, and others never get noticed.

6) IN ORDER TO STAY CREATIVE, BE WHO YOU REALLY ARE

According to Baroness Susan Greenfield, a UK neuroscientist, the essence of creativity is daring to be who you are, your individuality.

eccentric dude

Some of you might know that it’s not always easy to stand out from the crowd and be different. Sometimes, the simplest thing to do is to conform and have an easy life. That’s why there are so many dull and unexciting brands out there!

But sticking to who you really are, daring to be, can also come across as magnetically charismatic if you manage to find creative ways of getting your value across. Your Funky Brand might not be liked by everyone, but those who’ll notice you, might fall in love, and isn’t it a huge reward?

7) BRING STRUCTURE TO CREATIVE PROCESS

Christie Hefner, Playboy’s former CEO, talked about structured creativity. Creativity is often associated with wild out-of-the box thinking, and structure is probably the last word that comes to mind in this respect. And yet a rigorous approach to the creative process is always beneficial to building a successful brand.

This is a very valid point in relation to Funky Brands.

When you build a Funky Brand, combine teams of creative people with experts in brand strategy. This can be especially powerful when you want to build a strong brand through online channels. A lot of brands nowadays want to splash out all the creativity they have, and expose it through social media, without having a rigorous brand strategy in place. Don’t fall into the trap of unstructured creativity, be funky and be smart!

Image by wilgengebroed on Flickr

Image by wilgengebroed on Flickr

Invitation to join two new LinkedIn groups

funky  brands by SFToday I want to draw your attention to the two new groups on LinkedIn recently created by SCHMOOZY FOX. First, there's a group called FUNKY BRANDS.

Here is a direct link to this new LinkedIn group and I invite you to join it!

Another LinkedIn group recently created by SCHMOOZY FOX  is called Affordable Luxury.  It is also very relevant to all those who are in the business of building innovative, striking (aka "funky") brands. Here is the direct link to this LinkedIn Group.

In one of my previous articles called How Funky Brands Can Be Profitable, I discussed how a consumer product or service could succeed if positioned in the affordable luxury segment.  This segment can also referred to as mass luxury or new luxury.

From SCHMOOZY FOX's perspective, there's a close link between two groups.

In fact:

The Affordable Luxury group falls nicely with the concept of funky brands.

There are several ways of looking at it.

In fact, most of SCHMOOZY FOX's clients are consumer goods or services seeking to craft a brand strategy that will aim at their positioning as affordable luxury brands. And in our experience, most funky brands are exactly affordable luxury products or services!

Just have a look at our Funky Brand Interviews with all those brilliant businesses that have been built based around such elements as creativity, design, affordable luxury and fun!

SCHMOOZY FOX invites you to become members of one of both groups on LinkedIn!

Schmoozing and fun are guaranteed! :)

How funky brands can be profitable

D&Gperfume In one of my previous entries, called Funky Brands Defined, I published a list of attributes shared by most Funky Brands™.

An important one is the fact that they are not driven by innovative and creative ideas alone, but are or have the potential to be profitable. This, of course, requires a good deal of  business development and brand building work done.

In today's post, I want to talk about how your brand can benefit and become profitable from mass luxury brand positioning.

Mass luxury (often referred to as affordable luxury or new luxury) brand management essentially combines characteristics of building brands that have the luxury and exclusivity appeal, with techniques that can lead to relatively high sales volumes.

My marketing professor at ESSEC (a Paris-based business school famous for its luxury marketing program) was a former Armani guy. He certainly knew a lot about sustaining those "old luxury" brands like Chanel and Gucci (and Armani, of course). But he was nevertheless fascinated how some innovative companies managed to combine classical Kotler marketing with  the know-how of luxury brand management by building extremely funky brands in the mass luxury segment.

Some of these brands were created completely from scratch (for example, Coach and Victoria's Secret in the US, Agent Provocateur in the UK, and a Dutch brand Marlies Dekkers whose founder spoke in an interview on this blog), and others were born under the umbrella of already existing "true luxury" brands (for instance, Armani Exchange as a modest brother of the brand Giorgio Armani).  Over the past decade or so, many brands were launched to satisfy a desire for a better lifestyle expressed by wealthier middle class eager to splash out on previously unaccessible items.

So, what can you learn from mass luxury brands in order to make your brand profitable? You'll be surprised how many potentially funky start-ups fail just because they are disconnected from their potential customers. So, the most important rule of thumb is that you gotta get to know your consumers, their lifestyles and their desires as much as you can.

Stop for a moment doing this tedious market segmentation based on geographical location, age and gender. This stuff tells you nothing about your consumer's deep emotional needs and desires. Unless you've understood what emotional connections they can make with the products you sell, you'll be wasting your time.

Besides that, keep in mind the following factors which, in my view, may trigger consumers' interest in purchasing your funky mass luxury goods or services:

  • The lifestyle factor: Whereas splashing out on a single Gucci outfit is an extremely rare occasion for most people, and buying a Lamborghini is simply out of the question, a sizable market out there still wants to have a luxurious lifestyle. "Luxurious" can mean different things for different customers, and the trick is to find your loyal segment for whom your product will be a luxury. The right combination of such items as furniture, consumer electronics, food and drink, beauty products and fashion can do wonders and make our lifestyles luxurious and enjoyable. Not every item in your customer's home has to be of super funky design and great quality, but make sure your brand can end up on your customers shelves!
  • The self-worth factor: people appreciate goods and services that can contribute to their enjoyment of life (e.g. high quality perfumed candles, a meal at a gastronomic restaurant, or a visit to a spa) and feeling of self-worth. Do you know what contributes to the feeling of self-worth within your customer segment? If not, the first step towards making profits is to find that out fast and act on it.
  • The funky factor: people like standing out from the crowd, and making a statement about who they are. They often express themselves through the clothes they wear, or items they use (computers, phones, cars).  If your customers have created emotional connections with the products you sell, and even made them part of their personal brand, you've for sure kept the funky factor in mind successfully! Again, if you know how the attributes of your brand can enhance the funky factor of your customers, you've certainly moved forward towards a beefed up bottom line.

Mass luxury is the most profitable segment of many markets because attractive margins can be combined with sales volume. But the challenge is, mass luxury brands do not sell themselves . They are driven by hard-to-define factors like fashion, word-of-mouth, and constantly evolving preferences of your customers. If you've managed to apply a rigorous framework to identify these factors, and closely monitor them, you'll certainly be on the path towards making sizable profits and building funky brands.

Finally, a good article on the subject that I can recommend is "Luxury for the Masses" by Michael J. Silverstein and Neil Fiske, published in Harvard Business Review in April 2003. Have fun learning the tricks of the funky brand trade!