For Marketing Leadership Professionals (Length: 4 pages)

March 24, 2009

Social Technology Strategies For "Boring" Consumer Brands

To Create Borrowed Relevance, Get Customers Talking About Their Problems

by Josh Bernoff

with Christine Spivey Overby, Jennifer Wise


Executive Summary (This is a document excerpt)

Even if your brand isn't Apple or Nike, you can still benefit from the surge in social technology. The trick is "borrowed relevance" — creating an application that's about your customers' problems and then tapping into that application. Building around customers' problems means you can accomplish goals including generating research insights, energizing fans, getting customers to support each other, or even crowdsourcing your marketing. But no matter the objective, the key is to recognize that you're creating a long-term asset, not an advertising campaign.

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Analyst: Josh Bernoff
Technology: Brand Strategy, Brand Tactics, Customer Experience, eBusiness/eCommerce, Interactive Marketing, Marketing & Advertising, Social Computing & Web 2.0
Industry: Business-To-Consumer eCommerce, Consumer Financial Services, Consumer Industries, Consumer Packaged Goods, Consumer Packaged Goods Marketing, Consumer Retail & CPG, eBusiness/eCommerce Strategy, Financial Services, Financial Services Customer Experience, Financial Services Marketing, Retail, Retail Marketing
Geography: Asia Pacific, Europe, North America

Archived Teleconference:
Supporting And Embracing Customers With Social Technologies
Original air date: Thursday, June 05, 2008
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Ratings and Comments
Rating: 9 out of 10
based on 7 ratings across all roles.
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