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Aug 19th, 2008 by Laurence Vincent

Spinning Olympic Gold

Business Spectator
Edited by Sophie Vorrath

There’s nothing like a major global sporting event – like, say, the Summer Olympics – to reinvigorate the world of mass marketing.

While marketing was "a dirty word in China less than a generation ago", say Kevin Allison, Geoff Dyer and Patti Waldmeir in the Financial Times, "Beijing is using the Olympics to market itself as a superpower", as well as to shift its corporate image from "sweatshop to the world" to that of a high-quality, high-valued-added and high-technology hub.

"Never before has the market potential of the host country on its own been viewed as possibly worth the significant investment," says Julius Roberge, strategy director for Siegel+Gale New York, talking to MarketWatch.

The challenge, he adds, "is Herculean". And while success would send a strong new message, any missteps mean China "will not soon have such visibility to transform a lagging image."

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Aug 19th, 2008 by Laurence Vincent

Branding at the Olympics - Interview with Larry Vincent of Siegel+Gale

Brandcurve
by Susan Gunelius on August 18th, 2008

I’m very excited to publish an interview I was lucky enough to get with branding expert Larry Vincent, Siegel+Gale (part of the Omnicom Group Inc.) Group Director of Strategy in Los Angeles. Larry was kind enough to answer my questions related to the Olympics and how companies use the Olympics to further their brands. Following is my interview with Larry.

Brandcurve: What brand (or brands) do you think is doing a particularly good job of leveraging the 2008 Summer Olympics to promote their brand and why?

Larry Vincent: Adidas has done a very good job. Though at first controversial to many because outsiders thought the nationalistic imagery was pandering, it’s a great example of a brand finding a voice in a special market. The brand work (not just the advertising) really celebrates the Games and the aspirations of the host country.

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Aug 13th, 2008 by Laurence Vincent

Branding the Olympics

As the Olympic Games unfold, the branding experts at Siegel+Gale are available for comment on topics such as how the Olympics are affecting the "brand" of China, how companies are using the Olympics to further their brands, specific corporate ad campaigns, branding through sports events in general, and other strategic branding and positioning issues.

Following are some comments by Larry Vincent, Siegel+Gale’s Group Director of Strategy in Los Angeles, and Julius Roberge, Siegel+Gale’s Strategy Director in New York, most recently relocated from Shanghai:

Why Companies Align With the Olympics – Larry Vincent

  • "Most companies align with the Olympics because they hope to borrow equity or transfer goodwill from that of the Olympics to their own brands."
  • "Twenty years ago it was a slam dunk. McDonald’s and Coca-Cola measured noticeable lifts in preference, favorability, and attitudes toward the brand during the co-brand window of the Games."
  • "1984 was the turning point, however. The Los Angeles Games, in some ways, reinvented the sponsorship model (so much so that LA had a surplus of funds after the Games). It was so successful, that more brands wanted in."
  • "Today, sponsors have changed quite a bit: there are more of them and the affiliation competes with branded partnerships in vastly more channels and platforms."
  • "The Olympic equity is still strong (although research shows that it is the strongest when the Games are actually in progress), but it’s harder to transfer or borrow the equity."
  • "’False reporting’ of ‘unaided awareness’ of Olympic sponsorships is on the rise (meaning, consumers attribute an Olympic sponsorship to the wrong company) and ambush tactics by other marketers are more prolific. In that context, you have to ask, ‘What is the return on investment for a company that spends millions to sponsor the Games, and millions more to purchase the media that activates the sponsorship?’"
  • "It still works for some. We expect Adidas, Coca-Cola, and McDonald’s will still do well. Part of that is the legacy. In Adidas’ case, it’s the innovative way they’ve gone to market."
  • "We do think the Olympics is a horrible place to debut new brands, however. There is too much clutter and competition."
  • "It CAN be an effective place to reposition a brand, particularly if the brand is in the B2B space and the repositioning can occur onsite at the events. Many of the attendees of Olympic events are executives (just like the Super Bowl). UPS is using the Beijing Games as an interesting venue to debut some of their new international brand activity."
  • "Intuitively, we should be seeing international companies getting more involved in the Games in the future. It can become the coming out event for large international companies who wish to elevate brand awareness on a global stage. But the challenge is that for many viewers, the brands will be so foreign they won’t know who they are or what they do. It requires the brand to do a lot of seeding work before the Games begin, and very aggressive follow-up work once the brand has launched with the marks."

The "China Brand" – Julius Roberge

  • "Until China, never before has the market potential of the host country on its own been viewed as possibly worth the significant investment. Despite the degree of controversy before the Games began, the market opportunity seems irresistible."
  • "The Olympics have a clear purpose for the "China" brand: to prove to the world that China is capable of hosting Games at a quality level that the Olympic brand, the athletes and spectators worldwide demand and expect."
  • "The China brand today is often correlated with low quality (products), so the challenge is Herculean. With the world watching their every step, success in Beijing will send a strong new message about China as a world power. If it missteps, it will not soon have such visibility to transform a lagging image."
  • "It’s safe to assume Americans understand that Olympic sponsorship is not the same as supporting China’s political policies. That said, given the ongoing buzz and interest in how China enters the world stage, how a brand behaves in and/or partners with China may draw more attention in the future from international media, thus elevating the potential for a negative effect on a brand’s image. This may be more of a concern for B2B organizations that deal more closely with the Chinese government or in government monitored sectors."

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Jul 16th, 2008 by Laurence Vincent

Creating an Effective Super Bowl Ad

Larry Vincent, group director of strategy in the Los Angeles office of the brand strategy and design consultancy Siegel and Gale, said effective Super Bowl advertising does apply when there is a direct call to action. He cautioned against participating when the ad simply says "something about the brand values or trying to communicate with the personality and the voice of the brand. [The point is] you want to get as many people as possible to understand that you have something new that you have put into the marketplace. It can be very effective in that sense — not otherwise."

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Feb 20th, 2008 by Laurence Vincent

Larry Vincent on Brands and Mega-Media Events

Bull Dog Reporter
Issue Date: Daily Dog - February 19, 2008
Mega-Media Events: Super Bowl Blowout Shows Need for More PR/Advertising Integration

What does a Super Bowl advertisement have in common with a Tournament of Roses parade float? Contrary to popular belief, the answer is not William Shatner. Both revolve around global media events that attract significant consumer attention. Both require sizable investment from advertisers and sponsors (the price of a 30-second Super Bowl ad unit exceeded $2 million and, depending on the technology employed, a quality TOR float weighs in at $200,000). And both investments have a relatively short shelf life; while the exposure and audience reach is nearly unmatched, when it’s over, it’s over. That is, unless the investment is supported by broader communications such as public relations.

Executives in C-suites all across the country are scrutinizing the value of such one-time investments. On the one hand, they represent the greens fees for the country club of A-list brands. As one CMO put it, “No one ever got fired for buying ad time on the Super Bowl.” In fact, some leading branding executives find it very hard to justify not participating, particularly when the competition is staying the course. On the other hand, too often the investment does not result in a quality brand experience. The problem with Super Bowl ads and parade floats is they compete with other sponsors for showmanship. Audiences expect entertainment value from these media exercises, and the drive to satisfy that entertainment expectation generally sacrifices a brand promise and/or sales value.

It doesn’t have to be this way. A Super Bowl ad can, in fact, serve as a very strong brand touchpoint. Coca-Cola showed exactly how in the recent Super Bowl broadcast. Two of the ads it ran for Classic were delightfully on-brand while also serving up quality branded entertainment. The first ad featured borrowed equity from famous cartoon franchises, using Macy’s-style parade balloons. It worked because it leveraged Classic’s link to Americana and popular culture. The second ad, which featured political strategist James Carville and former Senator Bill Frist in an unexpected buddy trip, connected to a well-established consumer ritual that is inextricably linked to the brand—”jinxing” a friend when you say the same word and exacting a Coke as payment. These ads worked as branding tools because they balanced the style, tonality and messaging of the Classic brand with a storytelling experience worthy of Super Bowl media.

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Feb 4th, 2008 by Laurence Vincent

Super Bowl Branding - Do Super Bowl Ads Really Work?

"Super Bowl ads are one of the purest forms of branded entertainment," says Larry Vincent, Group Director of Strategy in the Los Angeles office of premier brand strategy and design consultancy Siegel+Gale, and long-time entertainment marketing expert. "Superbowl ads have become theatre in their own right, but if you’re not tying the ad to a direct call to action, you have to ask: what is this huge investment really doing for my brand?"

The iconic Apple Macintosh introduction ad in 1984 worked as a brand-building tool because it addressed the promise of the brand and established the voice that the brand would employ for decades to come. But it was also a spectacular launch point for a much bigger campaign – the next day they launched the product. They used the media for its greatest strength: reach. Frequency was not a factor, since the ad ran once and only once.

Advertisements that are tied to a promotional campaign or short-term, national sales initiatives can work well on the broadcast. That’s why you see so many movie ads. The studio has to build a brand in six weeks or less. They need to go from 0 to 100%, and a Superbowl ad can put a film on the map.

But it gets tricky when you plan to use the media for pure brand-building purposes. Too many companies feel they must be represented at the Super Bowl – that they have to buy these spots. It’s the perceived membership dues for a major brand. They try too hard to find a way to use the media, defaulting to ‘brand.’ It’s not clear that a Super Bowl ad does much for most of these companies.

Here are three things to consider when using a Super Bowl ad as a brand-building initiative:

  1. Make the ad a tangible touch point of your existing brand strategy; reinforce messages already in the marketplace about what your brand stands for. It must reflect your promise, your values, and your unique corporate voice.
  2. Don’t try to load the ad with too many messages. You’re competing for consumer attention. Too many brands over-reach. Keep it simple.
  3. Have celebrity endorsements and cutting-edge digital effects serve your brand – not vice versa. You’ve got 30 seconds to create effect for the brand. Think of your casting and special effects choices as tools to help re-convey your story.

To speak with Larry Vincent about branding strategies surrounding the Super Bowl, either before or after the game, please contact Davia Temin or Megan Creydt of Temin and Company at 212-588-8788 or news@teminandco.com.

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Jul 16th, 2007 by Laurence Vincent

Everything Your Brand Wants to Know About the Social Media, but Was Afraid to Ask

What is social media?
At the basic level, social media provide the tools to develop a relationship between one and many users. It’s a conversation. A brand site is “social” if it allows and inspires conversation as it appears in the “comments” section. If it uses “rating and reputation” and tools to facilitate engagement, social media will allow and encourage a dialogue to develop. Some social media provide tools for people to contribute online, like YouTube, while others are intended for rating and criticizing, like del.icio.us and Digg. Still others are tools for questions and answers, such as YahooAnswers and HelpShare. These days the most headline-grabbing are MySpace, Facebook, LinkedIn, and, of course, Second Life—a content-providing and community subset of the social media. Just using a blog, videolog (vlog), or podcast format doesn’t automatically qualify something as a social medium. Genuine social media depend on running commentary, criticism, and conversation. In short, social media are about participation. In our digital democracy, social media are the public forum. In our actual democracy, social media are the newest frontier of the First Amendment, as we see in citizen journalism sites like NowPublic and Current.tv, which inspire users to report news and events.


A BRAND IS SOCIAL IF IT ENCOURAGES DIALOGUE, PARTICIPATION, AND RELEVANCE.


What are social media tools and how are they used?
There are many different types of social media tools, with more being developed every day. Social media tools fall into roughly four categories:
+ Social Networks: MySpace, Facebook, LinkedIn, InnoCentive, Second Life
+ Tools: Blogger, YouTube, PodcastNation, Twitter
+ Rating and Reputation: Technorati, del.icio.us, Digg.com, NowPublic
+ Questions & Answers: YahooAnswers.com, HelpShare, Wondir

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