The Commonwealth Bank of Australia recently launched its new brand position: 'Can'
Despite being half a world away, I’ve been paying attention to the big re-brand of Commonwealth Bank Australia (CBA) that seems to be the talk of the media and communications town in Australia at present – the biggest re-brand in the banking sector since NAB’s ‘Break up’ campaign.
Following a teaser campaign around the word ‘Can’t’, the CBA unveiled its new brand position of ‘Can’; a campaign including print and TV advertising, social media across its Facebook and Twitter accounts, a dedicated website, a mobile banking app called ‘Kaching’ (previously launched), and a pretty cool augmented reality app launched in conjunction with News Limited newspapers.
Certainly a busy week for the organisation after last week being named as one of the top 100 global brands in the 2012 Millward Brown BrandZ report.
Given the scope of the re-brand and the allocation of transmedia resources to bring it to life, I believe there are some early observations for marketing and communication professionals from the interview – even at this early stage.
1. ‘Traditional’ media are far from dead.
Yes, we’ve all read the posts from doomsayers claiming that the end is near for our beloved TV and print media. While traditional media are undergoing their own unique evolution and expansion into the social and digital spheres, dollars and creative strategy are still being utilised in the traditional spaces as part of integrated, cross-platform campaigns.
2. Hit all the touch-points.
Connected consumers want to engage in their platform of preference, and on their terms – and brands need to plan and execute their outreach and engagement accordingly. It was great to see CBA CEO Ian Narev blog about the new brand position and share it across the bank’s social channels. Communication is now transmedia – and you don’t have to be a traditional media monolith or gatekeeper to produce stories and play in the space.
3. Tell a story (or multiple stories).
Again, we’ve all read the posts about the importance of storytelling. It’s nice to see a brand the size of CBA come out and put “lifestage stories being told through Facebook” (Mumbrella quote) as part of its strategy. In a recent episode of his Six Pixels of Separation podcast, Mitch Joel interviewed Jonathan Salem Baskin about the importance of truth in marketing. In short, people relate to people – and I hope the CBA takes the opportunity to tell some real stories that add to the TV commercials that outline the products, services and calls to action that encompass ‘Can’.
4. Don’t be afraid to innovate (and measure).
While not all businesses will have the budget of CBA, the CBA/News Limited/Explore Engage collaboration is an interesting example of exploring new media innovation in the context of current media trends (in this case, second screen experiences) to reinforce and drive home a brand message and integrate with the traditional, social and mobile marketing and communication strategy and tactics.
That is, CBA ‘Can’ bring the newspaper to life, literally! More than that, it can measure just how much its consumers use this piece of innovation. As Scott mentions in the interview – hardcore innovation and ROI is no longer a gimmick – it has arrived.
Again, while we’re yet to see the figures and results of this piece of innovation, it’s worth observing how this progresses, and thinking about how your own brand can leverage innovation and trends to communicate your story and message, and measure accordingly.
So, while it’s still early days for Commonwealth Bank and ‘Can’, there’s plenty for marketers and communicators to keep their collective eyes on as this brand positioning evolves and the results start to come through.
I look forward to seeing the team at CBA prove to Australia that they ‘Can’.
What do you think?
Have you been paying attention to the launch of ‘Can’? If so, what do you think of CBA’s efforts to date? What have you taken from the positioning so far?
Thoughts on the design aside, what followed for the club serves as an important reminder for communicators and community managers about the importance and power of connecting with and acknowledging your community offline.
One of the most noticeable changes to the jersey was the switch of logo to the Liver Bird that adorned the jersey back in the club’s glory days of the 70s and 80s – omitting the twin flames of the previous logo which represent the memorial that burns in honour of those 96 fans that lost their lives in the Hillsborough tragedy of 1989 – one of the darkest days in the club’s history.
These flames and the number 96 have been moved to the back of the jersey for next season’s kit.
While the club promoted and followed buzz surrounding the jersey among the online community using the #LFCkit hashtag, it was the reaction of the families of the Hillsborough disaster that sparked anger offline, and threatened to envelop the club in a PR disaster.
It was claimed in this BBC piece that while the Hillsborough Family Support Group were consulted about the proposed changes to the jersey, no individual family members of those who lost their lives at Hillsborough were consulted, and neither were members of the Hillsborough Justice Campaign – who claimed the actions of the club to be “insensitive, divisive and deplorable.”
Although the club moved promptly and with transparency to defend its consultation process and reinforce its respect for the 96 who lost their lives and their families, the incident highlighted an important lesson for communicators.
That is, in a world of increased connectivity where we are all networked, it is just as important to pay attention to, and consult the community offline, as well as online.
In a panel discussion at Blogworld New York 2011, Gary Vaynerchuk called on brands and attendees to wholeheartedly embrace the feedback and voice of the online community. After all, if someone is saying something about you, wouldn’t you like to know, and wouldn’t you like the opportunity to address their concerns?
While I agree one hundred percent, this example serves as a reminder that brands need to remember and acknowledge that their communities exist in real life (IRL), as well as virtually.
Moreover, there are some scenarios in which consultation IRL is the appropriate way to communicate – and that failing to do so threatens to damage the reputation of the organisation in the domain of traditional and social media, with each potentially feeding the other.
Yes, brands and organisations now have the gift of community that comes with utilising the plethora of social and connected platforms available, but these communities and methods of communicating should not be at the expense of in-person communication and the maintenance and consultation of a physical community IRL.
Communities exist offline and online.
What do you think?
How do you balance connecting your community virtually and IRL? Are there any other case studies you feel add to this area and are worth acknowledging?
How did caffeinated content fuel Costa Coffee's facebook community?
If you didn’t know, in addition to media and communication I’m a bit of a coffee fan – so when I saw an update from my friend Adam Vincenzini at Paratus Communications about the recent growth in Costa Coffee’s facebook community, it captured my attention.
I mean, caffeine + communication – what’s not to like?
In the past six months, Costa Coffee’s facebook page has doubled in size to 500,000 members – an impressive community for any brand.
Ever generous, Adam was kind enough to answer a few questions (below) about this campaign and case study, providing a great glimpse behind the scenes of the campaign – from research to planning, execution and evaluation.
Congratulations and many thanks to Adam and Costa Coffee for sharing these insights – I hope you enjoy the interview.
I’ve included a few of my thoughts on lessons for brands and communicators following Adam’s responses.
1. Adam, what was the brief from Costa Coffee behind this latest growth in their facebook presence?
Costa wanted to create an online haven for coffee lovers, a place where people who are passionate about the subject can receive their daily ‘fuel’.
By creating this environment, the fan base would be better equipped to act as advocates of the Costa brand amongst their networks of friends and help tell the Costa story.
2. Can you talk us through some of the background research that was conducted to determine the strategy for the campaign?
A great deal of research was undertaken prior to this campaign using our four stage strategic process: Listen, Create, Engage and Analyse.
The ‘listen’ element involved a look at what Costa’s competitor set had been doing across social media to identify a unique space for Costa to own.
We determined that in order to be popular, we needed to be different, and focus heavily on the enjoyment that comes the subject matter.
Having a coffee with a friend is a fun part of your day and this applies for the ‘Costa breaks’ you have on facebook.
3. You mentioned in a facebook comment that you attributed the success of the campaign to a new content strategy, a bespoke app and sponsored stories. Could you take us through the reason for each, and why you chose the combination of these three communication elements within the platform?
The approach was quite straightforward once we completed the listening phase.
The new content strategy was pretty obvious, as the previous approach was light on substance and post regularity. As for content matter, once we had an idea of what ‘coffee lovers’ liked sharing and talking about, we just made it easier for them to access this content.
The app was important because it gave people a reason to visit the page every day during March. Encouraging this type of regular interaction boosted the presence of Costa’s page in people’s streams and consequently drove up referrals/likes from those people.
Sponsored stories played a key role too because they allowed this great new content to be seen by a wider audience.
“The Magical Coffee Machine” – A Costa Express Production (embedded on the brand’s facebook page)
4. Doubling the facebook community to half a million across a six month period is a great result. Do you have some metrics and figures around the campaign that demonstrate just how much this strategy has increased engagement and earned media across facebook for Costa Coffee?
Some of the key metrics included:
- Page views of the Costa page increased from 1,500 to 10,000
- Average reach of each post / status update increased from 50,000 to 100,000
- The ‘talking about this’ figure peaked at 38,000 in March 2012 after hovering at about 2,000 in December 2011
- Average ‘virality’ of each post increased from less than 1% to 2.5%
5. Did any of these results surprise you?
Yes and no. This community has been asking for this type of presence for a while, and once we were able to get everyone on the same page, the response was as we’d expected. However, the speed in which the results were delivered was a pleasant surprise. Most encouragingly, people haven’t been leaving the community either. We are adding new fans and retaining them.
6. Which form of content is driving the most engagement for Costa, and why do you think this is the case?
Photos, definitely. Your facebook stream is such a busy and competitive space and unless you are excited by a updated in the blink of an eye, you’ll scroll down to the next thing. The right imagery, supported by a fun and light-hearted commentary, seem to generate the best results.
7. The digital space is moving so quickly – something you keep a running commentary and analysis of on your own blog. With that in mind, were there any challenges in bringing this strategy to life given the rapidly shifting landscape of paid, owned and earned media?
Luckily, people don’t change. What is interesting to you and me will always be interesting even if the way we discover it changes relatively rapidly. While each platform has its own nuances, the theory doesn’t.
8. We’ve seen in the past brands build a significant following and community, only to disengage from the space after a defined period. How is Costa resourcing to make this content and community engagement part of their ongoing communication efforts?
This is the blessing and the curse of social media. Once you have established a ‘service’ expectation in the mind of your community, it is very hard to walk away from that.
From this overview, there are some great lessons and take-outs for brands and communicators, including:
While the brand may set-up and play host to a social space, these spaces are a place for your fans and consumers. Plan your content strategy, engagement and design accordingly.
Consider how you will take the offline elements and experience of your brand online within the given channel, and how this fits within your consumers’ online behaviour and use.
Be selective and strategic with your tactics.
Consider using the full suite of paid, earned and owned media available to you (within budget and objectives, of course).