In the latest episode of the Sleeping Barber Podcast, we sit down with Dr. Ella Ward, a senior marketing scientist from the Ehrenberg-Bass Institute.
Dr. Ward shares her expertise on the importance of visual brand identity, the difference between being data-driven and evidence-based, how to create cohesive brand packaging and most importantly Marc and V get a lesson on Aussie rules footy! This is an episode you do not want to miss!
Don't forget to join our hosts, Vassilis and Marc, for some post-podcast banter!
Quote of the episode:
“Your strategy can’t be based on differentiation. Your competitors will catch up."
Our Guest:
Dr. Ella Ward
Sr. Marketing Scientist @ Ehrenberg-Bass Institute
Enhancing visual brand identity across a product portfolio.
https://www.linkedin.com/in/ella-ward-/
Our Hosts:
Follow our updates here: https://www.linkedin.com/company/sleeping-barber/
Get in touch with our hosts:
Marc Binkley: https://www.linkedin.com/in/marcbinkley/
Vassilis Douros: https://www.linkedin.com/in/vassilisdouros/
Background Research & Literature:
https://journals.sagepub.com/doi/10.1177/14707853231201852?icid=int.sj-abstract.citing-articles.4
https://www.unisa.edu.au/media-centre/Releases/2023/coloured-by-numbers/
https://www.linkedin.com/posts/ella-ward-_distinctiveassets-evidencebasedmarketing-activity-6785027383834611713-eeTI
https://marketingscience.info/research-services/distinctive-assets/
Timestamps:
0:00 - Podcast Introduction
0:50 - Introduction to Ella
3:31 - Path to becoming a Marketing Scientist @ Ehrenberg-Bass Institute
4:28 - Ella’s areas of research
5:23 - Visual cohesion across the brand portfolio
6:40 - The scientific revolution happening in marketing
8:39 - Marketing science matters because the real world is a very weird place
10:33 - Data-driven vs. Evidence-based marketing
13:05 - Using science to lead change
16:40 - Bloodletting & changing paradigms
18:30 - The difference between brand books and Distinctive Brand Assets (DBA)
20:44 - Making brands available & linking brands to memory
23:22 - Brand management isn’t about policing, it should be fun
26:45 - Rebranding? Know what assets trigger the brand
29:20 - How effective are your DBAs at triggering memory
30:52 - Why characters are more memorable than other types of distinctive assets
34:20 - Rebranding? know the strength of your distinctive assets
36:15 - Adding to your distinctive asset pallet - Ikea voiceover
39:10 - Hagen-Dazs Case Study
39:40 - Package colours used to signal variety aren’t often effective
43:17 - The danger of using colour to signal a variety
45:38 - Prioritize your branding over colour signalling
49:43 - Decreasing product packaging types to improve advertising efficiency
51:00 - Cohesive branding improves the bottom line
53:17 - Differentiation v. Distinctiveness in product packaging
58:25 - Packaging Services
1:01:45 - Post-pod with V and Marc
Where to Listen:
Apple Podcasts: https://podcasts.apple.com/ca/podcast/the-sleeping-barber-a-business-and-marketing-podcast/id1609811324
Spotify: https://open.spotify.com/show/4v0kaM350zEY7X2VBuyfrF?si=7083317d5afd488b
Youtube: https://www.youtube.com/@sleepingbarberpodcast
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